Article on the MBA Degree in The Age

The Age's Leon Gettler recently wrote a good article on MBA degrees in Australia and had good things to say about Melbourne Business School:
Melbourne Business School is the only Australian business school with an Executive MBA program to rank among the world's leading programs. The rankings were compiled by Britain's Financial Times, which recently released its 2008 ranking of the top 95 Executive MBA programs worldwide.

According to the FT index, the Melbourne Business School EMBA program came in at 45. That put it in the company of such prestigious institutions as London Business School, INSEAD and Wharton.

He also quotes Jenny George, the Associate Dean of Academic Programs at MBS, and talks about MBS's new Professional MBA program.

MBS's Online Presence

Speaking of Melbourne Business School, I've been very impressed with the way MBS has been building its online presence over the last few months. For example, I was immensely pleased when I found they'd uploaded audio clips of the talks given at the Dean's Circle launch event that I attended last month.

I've already mentioned on this blog the SouRCe student newsletter that is now available online. Here, then, are two more things you can find on the MBS website:

  • MBS Leadercasts: These are videos of recorded presentations by MBS faculty members on the various topics of expertise that they possess.

  • MBS Today: This is the monthly newsletter that MBS publishes for "alumni, past faculty, and friends in the government, corporate, and community sectors".


Both are good though the MBS Leadercasts -- much like the University of Melbourne's Up Close Podcasts and Visions Video Podcasts and a little like TED talks -- are lots of fun to watch. I highly recommend them. (I was actually going to tell you my favourite three videos but I can't narrow it down to just three!)

MBS Employment Statistics for 2008 Graduates

Melbourne Business School recently published its employment statistics for the graduating class of 2008 (i.e. my class). 80% of the students responded to the survey which told us that:

  • Over 95% of graduates were either employed or had received an offer of employment within three months of completing their program
  • The average starting salary package for an MBS MBA grad is A$133,569, which is a 63% increase on the average pre-MBA salary

Awesome. You can read the full article and download a PDF of the results on the MBS website.

Two Social Media How-To Guides

I read two good social media how-to guides this week:

First, Toby Ward at the Intranet Blog linked to Bill Ives' recent post on a 'Sample Action Plan for Business Blogging'. Ives presents a good high-level plan that lists the steps you need to take in order to successfully launch (and, obviously, maintain) a business blog. This is assuming, of course, that you already have a blogging strategy that is aligned with both your business and marketing strategies. And note that by 'aligned' I also mean that it makes sense for you to actually start and maintain that blog!

Second, Laurel Papworth recently gave an excellent presentation on how to plan and run a social media marketing campaign. She's put her slides and a quick bullet-point list of those steps on her blog. This is a must-read for anyone involved in social media -- even if you don't plan to run a social campaign yourself -- because a stripped down version of this plan is what you execute when you launch a blog and, more generally, it's a good overview of how social media itself works. Besides, you'll inevitable be a part of such a campaign at some point in your life so it's good to know what's going on.

Meeting MBS Bloggers

It's happened twice now: I've gone to MBS for a presentation and someone's come up to me and said something like, "Hey, you're the blog guy!" -- referring to the list of MBS bloggers that I maintain and that they're one of the people on that list.

That specific quote is from Ronjon, who I met last week at an alumni event. A couple of weeks before that, I met Cynthia at a talk given by two of our professors. [Thanks for saying hello, both of you.]

It's fun when this happens and it's always great to meet current MBS students (who I met a lot of at the recent alumni event, by the way). Maybe one of these days I'll organize an MBS bloggers meet-up. Then again, if we keep bumping into each other at all these events, I might not have to.

Remember: If you know anyone who was or is at MBS -- whether student, staff, or faculty -- please let me know so I can add them to the list. Thanks.

Internet Censorship by the Australian Government is not Opt-Out

It appears that Australian Internet users will be unable to opt-out of the Australian Government's Internet content filtering scheme. The scheme was launched last year and will use ISP-level filtering to block access to content deemed "illegal" (nice and vague, huh?) by the Australian Government.

We were promised that we'd be able to opt-out of these filters but, according to an Internode network engineer, you can only opt-out from the "additional material" part of the blacklist and not the main, "illegal material" part.

You can read all about this here:

Pathways for Finding Information

My previous blog post was about the importance of a website's About Us section. And, though I didn't mention it explicitly there, I should say that the whole point of an About Us section is to build trust -- which, as we know, is all-important on the Internet -- because, the more your site visitors know about you and your company, the more they will tend to trust you.

However, the broader point of that blog post was to say that the language used on websites -- in both text and hyperlinks -- plays a major role in getting information across to site visitors. Of course, that isn't the whole story. There are two other elements of a website that are equally important:

  • The site's design -- which is the way in which elements are laid out on the page, the colours and images that are used, and so on.
  • The site's information architecture (IA) -- which is the way the site's content is logically structured.

Information Architecture

I won't talk about site design here, but I do want to address the importance of a good IA. First off, a good IA is one that is "logical", not to someone as knowledgeable about the company as you, but to someone who knows nothing about the company. It's important to remember this otherwise IAs tend to get very convoluted very quickly.

Also, a good IA isn't all that useful if you don't complement it with a good site navigation system. This can be in the form of a left or right navigation bar; a top navigation bar; a nested, multi-level, or drop-down menu system; or a combination of all or any of these. As long as it's easy to use and your hyperlink text is simple and clear, you should be okay.

Three Basic Pathways

Within your IA, however, it is my opinion that you need to provide three basic pathways to help site visitors find the information they're looking for.

First, you need deep links on the site home page that point to the most important or most frequently used site content. Often this feature is implemented via a 'quick links' box placed in an eye-catching location (such as in the right column, just under the top navigation bar).

In some cases, the links in this box may be dynamically generated (by the Content Management System) based on actual site usage in which case this is called a 'popular links' box. Sometimes webmasters will include both 'quick links' and 'popular links' boxes on their site's home page.

If you want to help your visitors out even more, you'll include a 'relevant links' box in your sub-pages as well. This list can be set manually (on a page-by-page basis) or may be generated dynamically based on content meta data (e.g. other articles on this topic or by this author).

Second, you should have cross links (i.e. links to other parts of the site) on the 'About Us' section's landing page to help users figure out where to go to next in order to find the information they want. These should link to information about the company itself (i.e. general 'About Us' information) and to pages that talk about what the company does. As a small example, look at my 'About Me' page for this blog and notice all the links within the text.

Third, you need a comprehensive 'Site Map' page to help clear any IA confusions that visitors might have. That is, should visitors be unclear about where in your website a particular piece of information will be found, this page should clear things up for them. And the bigger your site is, the more important this page becomes.

A Godsend and a Cop Out: Site Search

There is one more thing that you need to do to help your site visitors find the information the want: your site needs to have a great search engine. This is both good and bad. It's good because, if you implement it well, it's a really useful tool. It's also bad because it lets webmasters get away with a poorly thought-out IA. That is, even if your IA is crap, people might still be able to run, say, a Google search on your site to quickly get to the information they're looking for.

Regardless, to do site search properly you need two things: well-structured HTML pages -- ones that have good titles, text, and meta data (i.e. keywords, summaries, tags, etc.) -- and access to a good search engine (or you need to implement SEO practices so Google does all the indexing for you instead).

And There's More...

There is, of course, much more you can do to make your website go from good to great. For example, it's important to have an FAQ page, a 'Contact Us' page, a featured news/article/story/page section (often on the home page), a good footer, useful breadcrumbs, good images and graphics, and so on. But I won't be talking about all that here.

The point I wanted to make here is that your site's IA (and the information pathways within it) is as important as the language you use on the site itself. Hmmm...maybe I should review the five telco sites again, but this time focusing on their IAs. Maybe later :)

The Importance of Effective Online Communication

Jakob Nielsen's 29 September Alertbox newsletter talks about the importance of the About Us section on a company's website. In my opinion, this is the first section you should look at when establishing (or, as is often the case for me, re-establishing) a company's online presence.

Nielsen points out that, unfortunately, not everyone gets this section right:
Task success for finding out what the company or organization does actually dropped, from 90% to 81%. In place of a frank summary of the business, marketese and blah-blah text ruled the day on many sites.

And it's not just "blah-blah text" that's bad, often there's no text at all: just a big list of links that leaves you wondering where you should go next.

Some Australian Examples

Since Nielsen's research was US-based, I thought I'd do a quick check of some Australian websites to see how they measured up in this area. Since I wasn't going to do a scientific study like Nielsen's I figured I'd pick an industry and take a subjective (though knowledgeable) look at the the sites of the largest players.

I picked the telecommunications industry and looked at the 'About Us' landing pages of the five big telcos in Australia:






















Optus has the worst page of the lot: 'About Optus' has no text, no explanation, and the none of the links in the main content area actually tell you anything about the company or where you could possibly go next to find the information you're looking for.About Us Pages - Optus
Vodafone's 'About Vodafone Australia' page does have some text...but it doesn't tell you anything either. You have to go to 'Company Information' > 'Company Overview' and then decipher the marketese to figure out what it is that Vodafone does (and even then you're not quite sure).About Us Pages - Vodafone
3 has a pretty bad page too: all you can tell from the 'About 3' page is that "It's good to be 3" and that this company seems to be Australia's first 3G network -- though, even then, you have to click on the 'Find out more about 3' link to be sure. At least they have a clearly-worded 'Find out more...' link that tells you where to go next for more information.About Us Pages - 3
Virgin, meanwhile, has gone to the other extreme: its 'Company Info' page is chock full of words which is somewhat intimidating at first sight. Fortunately, the writing on this page is short, crisp, and clear. Strangely, the top three links in the left navigation bar ('Company Info', 'About Us', and 'Our Story') all point to this same page.About Us Pages - Virgin
Telstra has a great page. Its 'About Telstra' page quickly tells you what the company is about, what it does, and what it wants to do. To complement that, the left navigation bar has clearly-worded links which makes it really straightforward to dig deeper for more information. And I love the "No one else can do what Telstra does." tagline :)About Us Pages - Telstra

I guess Nielsen has a point, huh? :)

Seriously, though, have the web strategists (or webmasters or online marketing people) at Optus, Vodafone, and 3 not read something as basic as, say, Steve Krug's 'Don't Make Me Think'? I guess not.

Online Resources for New MBS Students

Every few weeks I get e-mailed a couple of questions from someone applying for admission to the Melbourne Business School (MBS) MBA program (or at least someone's who is researching the MBS MBA). I always reply to these e-mails though, depending on my workload at the time, it sometimes takes me a few days to do so.

Less frequently, I get e-mails from people -- usually international students -- who have already been admitted to the program and are now preparing to move to Melbourne. These new MBS students almost always ask me about life at MBS, in Melbourne, and, more generally, in Australia.

I, in turn, recommend the following three resources to them as good places to do preliminary research before asking me more specific questions:

1. University of Melbourne Website

The 'International Students' section of the University of Melbourne's Future Students website is a great place to start your online research. You can learn about everything from how to apply for your student visa all the way down to what your first year here will be like. The 'Preparing for Study' page is particularly useful.

2. UMPA's 360 Degree Guide

Every year, the University of Melbourne Postgraduate Association (UMPA) publishes its excellent 360 Degree Guide: The All-Round Guide for Graduates at the University of Melbourne. This tells you pretty much everything you need to know about university life (though, as you would expect, it focuses more on Melbourne Uni than on MBS) and postgraduate student life in Melbourne. It is an invaluable resource for new postgrads.

The best part about this is that all postgrads are entitled to a free copy of the 360 Degree Guide. If you haven't been mailed one along with your admissions pack, you can pick up the latest edition from the Student Services office at MBS or from the UMPA office itself. Alternatively, you can download it in PDF format from the UMPA website.

3. MBS Student Blogs

Finally, for the most in-depth information about life at MBS (and not just life at Melbourne Uni) you should read the blogs written by current MBS students. I maintain a list of those blogs -- along with a list of MBS alumni, staff, and faculty blogs -- on my 'MBS Bloggers' page.

Unfortunately, MBS hasn't formalized the student blogging process like, say, LBS, Darden, Berkeley, Ivey, Wharton, MIT, Sauder, Rutgers, and Cornell have...but I'm hoping they do so in the near future.

Any Others?

Have I missed any other useful resource? If so, let me know in the comments. Thanks.

EIU Ranks MBS' MBA at #26

The Economist Intelligence Unit's 2008 MBA rankings are in and there's good news: Melbourne Business School's MBA is now #26 in the world and still #1 in Australia.

This is quite an achievement because, when I joined MBS in 2006, it was ranked #88 in the world (though still #1 in Australia).

Read more about it in this MBS news article: MBS Ranking: Highest Ever for an Australian Business School.

James Nachtwey's story

In 2007, photographer James Nachtwey won the TED Prize which awarded him $100,000 and "one wish to change the world". His wish was:

I'm working on a story that the world needs to know about. I wish for you to help me break it in a way that provides spectacular proof of the power of news photography in the digital age.

On 3 October, Nachtwey's story will break -- both online and around the world. Melburnians can view his story at Federation Square while the rest of you should check the TED Prize Event Location page to see if it's being shown at your location (it's on in 16 countries). If not, you can always view it online:

For more:

MBS Video Content on Qantas A380s

Thanks to the Deloitte Leadership Academy, all passengers flying aboard Qantas' Airbus A380s will have free access to business courses -- ranging from five-minute videos to 40-minute lectures -- supplied by Melbourne Business School, Harvard Business School (including Harvard Business Review articles), Stanford Graduate School of Business, Macquarie Graduate School of Management, and the University of New South Wales.

Awesome.

For more:

Social Media in Management

CIO Magazine's Sue Bushell has written an interesting article, called 'Management 2.0? That'll Be The Day', on the challenges that CIOs -- and companies, in general -- are facing with the advent of social media technologies in the workplace.

In his book, The Future of Management, Gary Hamel suggests that organizations today face a new set of business challenges that the existing management model does not match. The drone worker of yesterday is giving way to the engaged and vocal employee of today who expects a company culture that replicates the collaborative nature of Web 2.0 — in other words Management 2.0

The name Gary Hamel will, of course, be very familiar to anyone who has done any MBA and has studied the (frequently incorrectly-used) Core Competency concept.

The article is long but useful as it gives managers a lot to think about and hopefully look into:

Managers have a general sense of what Web 2.0 tools are — especially when it comes to applications they’re familiar with like YouTube, Facebook, or Linkedin. But they still struggle to understand these technologies, discover their real business value, address the risks and figure out how to best use them.

This, by the way, is where someone like me would come in: I know both management (theory and practice) and technology (uses and implementations) and can help senior management come up with an implementation of social media that enhances project management, decision making, and internal communication and collaboration.

The trick is that social media integration in an enterprise needs to be a long-term project and not something you hire a consulting firm to do for you in a few weeks. It needs to grow experimentally, possibly slowly, and from the ground-up. And while it will probably change a number of times as it develops -- which means it's not something you can really plan for in advance -- you can start with a few basic governance rules (who does what and what everyone is in responsible for), some content guidelines (that cover privacy, security, and intellectual property), and a simple usage policy (like the two-word "be careful" policy that is often a good start).

Speaking of governance...

Challenges of the Multi-Generational Workforce

The discussion on how to manage a multi-generational workforce -- which is an issue for many managers these days -- reminds me of a blog post on banning Facebook that Toby Ward wrote on the Intranet Blog about a month ago:

Beware of Facebook! It will crush your productivity and hijack your employees!

[...]

Employees prefer to be treated as adults. Judge their performance and actions instead of counting their minutes spent doing "productive work."

Trust me, the threat and problems stemming from a ban far exceed the embrace option. Prescient Digital Media’s Julian Mills last week highlighted the findings of one recent survey that warned of the perils of banning Facebook:

  • 39% of 18 to 24 year-olds would consider leaving if they were not allowed to access sites like Facebook and YouTube
  • A further 21% indicated that they would feel ‘annoyed’ by such a ban
  • The problem is less acute with 25 to 65 year-olds, of whom just 16% would consider leaving and 13% would be annoyed

Of course "consider leaving" doesn't mean they actually will leave but it does mean that they probably won't join your company in the first place. Especially if they announce your blanket banning policy on the Facebook group about your company that you didn't know existed.

I know that I, for one, wouldn't want to join a company that bans sites like Facebook or doesn't let you blog, read blogs, pay your bills, read the news, check your e-mail, or basically have a life outside work while you're at work. Limiting YouTube usage makes a little more sense since there's a bandwidth cost associated with online video but, even then, it shouldn't be banned outright.

As Ward said in his article, companies shouldn't be taking the Taylorist approach to management. Of course you'll get employees who'll take 30 minutes to make themselves a cup of coffee or spend an hour on Facebook every now and then -- but that's okay as long as they (a) get their jobs done, (b) don't stop others from getting their jobs done, and (c) don't use-up too many freely-provided company resources (like bandwidth or, for that matter, coffee).

I guess all I can conclude with is that, with the advent of social media and the existence of a multi-generational workforce...well, the next five years are going to be really interesting

My Elevator Pitch & Unique Selling Proposition

As I wrote in my previous blog post, I met with another recruitment consultant from Hudson this morning.  In order to introduce myself to her, I did some work on my elevator pitch and further developed my Unique Selling Proposition (USP). In fact, I typed all this up and and gave her a printout of it. And, since I'm applying for an Internet-related position and the best place to learn more about me is indeed online, I added a section on that too.

Here's what I came up with:

(Extended) Elevator Pitch

Experience: Six years of experience in IT consulting and management, over five of which were spent in the strategic planning, technical development, business integration, and marketing of websites, web portals, intranets, and social media sites. Overall, eight years of work experience.

Training: MBA from the University of Melbourne’s Melbourne Business School (see list of courses in this blog post, which I also included in the printout).

Immediate career goals: A management or consulting role that involves the alignment of business and marketing strategy with online strategy. This could include the formulation (i.e. research and analysis), implementation (i.e. administration and management), or further development (i.e. testing and advancement) of such a strategy. An online strategy includes internal and external marketing and communications and the use of social media to communicate with stakeholders internally and across the value chain.

Unique Selling Proposition

  • Uniquely positioned between IT, marketing, and senior (strategic) management – with a background in IT and experience in all three areas
  • Management and consulting experience in small start-ups, large multinationals, local and global non-profits, and government organizations
  • Have been developing websites professionally since 1997; specialize in the use of social media
  • Possess excellent written and oral communication skills; have experience in teaching and training

Online

Comments?

So what do you think? Does that sum things up nicely?

Career Update

My contract job at Linfox finished recently (I'll write more about that when I continue my MBA-at-work blog post series) so I spent the last week watching the Olympics (which was awesome). Now that I've had a nice break, I'm back to looking for jobs.

An Unsuccessful Job Application

Actually, I did interview for a job during my last week at Linfox -- the recruitment consultants at Hudson are very efficient -- but, after three rounds of interviews and reaching the final stage of the process (with just two candidates in the running) I didn't get end up getting it.

This was unfortunate because it was a good job, at a good company, and I really liked the people I would have been working with. Oh well. Such is life.

The Silver Lining

It's not all bad, though: this was only my second serious job application since completing the MBA -- i.e. an application to a permanent position that I really wanted to get and could then see myself growing with over the following year or two -- and, in both cases, I reached the final stage before being dropped. [More on my job application philosophy here]

What this means is that I have what it takes to do these kinds of jobs -- that is, I have the 'can do', 'will do', and 'fit', as my interviewers from both companies told me -- it's just that one of the other applicants was more appropriate for that particular role at that particular time. In other words, that applicant's Unique Selling Proposition (USP) was more suited to that role than mine was. In the job I just applied to, for example, the winning applicant had the marketing agency experience that the company wanted.

This is good: this means the company is paying very close attention to the people it is hiring and, when it happens that my USP is the most suitable for that role, that company, and that team, I'll win out over the other applicants and will know that the company did it for all the right reasons.

Next Steps

So, what next? Well, the people at Hudson have me on their radar -- in fact I met with another recruitment consultant of theirs this morning -- so I expect to get a good lead from them (they're very good at what they do). Hopefully that lead will come sooner rather than later.

Otherwise, I continue to look for jobs online and continue to network for openings in the hidden job market. Let's see how things go. If you know of anything I might be interested in, please let me know. Thanks.

Online Community Compensation Study

The Online Community Report just released its Online Community Compensation Study.

Most of the study's key findings shouldn't come as a surprise to people working in this space: the community team employs more women than men, most team members are between 31 and 50 years old, and most have over five years of work experience. However the compensation figures are a little higher than I expected at an average of US$81k (approximately AU$95k).

I also wasn't expecting women to be earning 91% (on average) of what men are earning. Assuming that factors like experience, industry, average company salary, position in corporate hierarchy, department within the company, importance of community role for company, etc. have all been statistically removed from this analysis -- and they probably haven't all been removed -- then the lower salary for women is most disappointing.

Meanwhile, the most heartening result from the study is, of course, the job satisfaction rating which is an average of 4.2 on a scale of 1 to 5 :)

FYI: OCR's Key Resources blog post category is a great place to look if you want to start or further develop your online community.

Social Media in the Enterprise

Toby Ward writes on the Intranet Blog about a survey conducted by Robert Half Technology that found that over 70% of US CIOs don't plan to use social media tools -- such as blogs and wikis -- in the next five years.

That number might sound a little daunting but, really, it isn't.

Issues with the Survey Itself

Because these are aggregate numbers, they're too generalized and don't give us much information. In fact, they're pretty useless: so what if 70% of US CIOs don't plan to use social media in the next five years? What does that "70%" actually mean to you and me and to our company and its social media adoption decision? Not much.

A breakdown of the results by industry and company size would have been better...but even that wouldn't have been enough. Had each social media tool included a follow-up question that asked "Why will you not be using this particular tool?" the survey may have been somewhat useful.

Also, "next five years" in technology or Internet time is ages! How can CIOs realistically predict whether or not they will be using a particular tool or technology five years from now? The question should have asked for a one-year prediction and the survey should then be conducted annually. Which is why Forrester's surveys, or the annual Enterprise 2.0 survey conducted by McKinsey (which I wrote about earlier), are much more useful.

Issues with the Conclusion

That said, even the implicit conclusion -- that most CIOs don't see the benefits of social media in the enterprise -- isn't all that worrisome because true social media adoption rarely starts at the CIO level. More often that not, it's bottom-up instead of top-down.

That is, employees first start to use social media on their own and among each other. Over time, the business begins to benefit from this. Once usage crosses a particular threshold -- and the benefits become more obvious and more measurable -- management (finally) realizes what's going on and has social media (or just the particular tool in question) implemented across the entire organization.

This is pretty much the conclusion that Toby Ward reached as well. Read his complete post (with conclusion) on the Content Matters blog.

So What's My Point?

Surveys like this provide neat sound bytes and are used as justification by senior management for not looking into social media.

So be careful when you talk to senior managers about social media usage and adoption in the enterprise: they usually don't have a clue but, sometimes, they do have a little bit of knowledge (such as this survey) but turns out to be dangerous.

Chris Brogan on Social Media

Over the last couple of weeks, Chris Brogan has been writing a series of fantastic primer/best-advice blog posts about social media on his blog. Make sure you read them:

Oh, and here are a couple of more of his posts that are really good:

Awesome work, Chris! Thanks.