Category Archives: Networking

How do you define your brand online?

The last few years have seen a drastic change in the field of marketing. The physical form of marketing (including one-on-one consultations, display boards and signs) has not died out, but has a new companion – digital marketing. The evolution of informational technology has put the digital space in the spotlight, with organisations devoting significant resources to digital marketing. The term ‘digital marketing’ covers marketing processes that largely depend on the use of technologies. Social networking websites, apps and blogs are examples.

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Earlier, customers would touch and feel the product, see some advertisements on TV or in the newspaper, buy the product and leave. These days, digital marketing has expanded the customer-brand relationship by bringing them closer and allowing interaction. Nevertheless, merely opening a Facebook page or a Twitter account doesn’t build your brand.

Here is how you can define your brand online:

  • Define Your Target Audience

Every brand has a target group of customers. You need to understand who your customers are and what kind of lives they lead. Are they men or women? What about age and marital status? Household income and location are other factors that are important. What kind of people can afford your product or service? Once that is done, find out which social media websites this group uses. Maybe they are not too Twitter savvy? Similarly, a very young audience may not like spending time reading long blog posts. You need to find out your target group’s online habits.

  • Be Consistent

Since your brand has a unique persona, let that persona reflect in your brand goals as well. This means that the design of your website must reflect the brand’s personality. This is why brands for the youth use brighter colours and fun designs with lots of opportunity for interaction. Even your tweets and Facebook posts need to be tailored to fit your brand. Like a brand whose USP is no animal testing, should keep that in mind and never post anything that could question their value – such as posting ads for a company that sells leather products.

  • Deliver Great Content

Content drives the customer experience. Your brand could be present on every social media and web platform but not make an impact if the information you are sharing is not appealing. Details about products, prices and promotional offers, all need to be conveyed with the target audience in mind. What type of customers do you have and what kind do you want to attract to your brand? Educate your customers on the industry and not just your brand. For instance, leading health magazines share interesting articles about nutrition and psychology trends that are not from their product.

  • Develop the Voice

Along with a personality, a brand needs a voice. When you are tweeting or posting online, you are speaking as the brand. All digital content should stick to a single tone and pace. If your brand is targeting young working women who love to use makeup, then fun may be an important part of your brand’s definition. If it is, keep it fun. If a compassionate, serious voice matches your brand, then stick to that. For instance, a healthcare facility will probably have the latter.

Even if the brand in question has existed for a while, the digital marketing space requires a completely different approach from traditional marketing. Both forms of marketing can affect a brand. The online category helps a brand develop a wider customer base and enables customers to communicate with the company. That in turn, contributes to the brand’s growth with constant feedback. Not a bad thing at all!

5 Reasons to Get an International MBA Degree

The decision of pursuing an MBA degree is a critical one, requiring a great deal of thinking and planning. An MBA can help boost your career, there’s no doubt about it. But, as a potential MBA candidate you must also evaluate the different MBA programmes, to see which one can provide you with the maximum benefits, in terms of the learning, exposure and opportunities.

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Doing an MBA degree abroad, as opposed to doing it in your own country, can be beneficial in many ways. Here, are a few reasons why your must choose to pursue an international MBA degree:

Exposure to New Culture

The job of a business professional involves interacting with a wide range of people, and building a rapport with clients and co-workers who may belong to other countries and cultures. Doing your MBA overseas automatically trains you on this aspect of the job. By studying and collaborating with a culturally diverse mix of students, you acquire the essential social skills needed to survive and flourish in a global market.

The Opportunity to Learn New Languages

With companies going global and expanding their operations in non-English speaking countries, recruiters are often looking for candidates who are bilingual, and able to fluently communicate in languages other than English. Doing an MBA from business schools located in countries such as France, Germany and Singapore, provides you with an opportunity to be trained in a foreign language, thereby boosting your CV in a big way, and opening up newer job avenues for you in numerous global destinations.

A Competitive Edge

Doing an international MBA degree puts you in a high-pressure environment, where you would be competing with students from diverse nationalities, with a wide range of academic and professional experience. This prepares you well for challenging jobs, and gives you a competitive edge over other MBA grads, who have had a less intensive course at a local business school.

A Wider Professional Network

More than the degree itself, the professional connections you make and the peers and mentors whose support you gain at the business school add more value to your professional career, taking you further ahead in your professional journey. An international MBA would provide you with a wider network, and open up myriad opportunities, that might not be accessible to someone who has done MBA in his/her own country.

Personal Growth

By studying overseas you are not just growing as a professional but also as an individual. Stepping out of your comfort zone, finding your way in a new country, interacting with people belonging to other cultures – these things equip you with the courage, flexibility and open mindedness needed to succeed in your professional and personal life.

The Economist, in its list of the world’s top MBA programmes, ranks the Nanyang Business School in the 66th position and as one of the best business schools in Asia. The affordability of education in Singapore and its cultural diversity are some of the factors that attract students to NBS. For more information on Nanyang business degree, visit http://www.nanyangmba.ntu.edu.sg.

The Power of the Crowd – Guest Lecture by Stefan Lindegaard

Submitted by Anggono Natalnugroho, Co-Chair of the Marketing & Entrepreneurship Club

On 10 Dec 2014, the Marketing & Entrepreneurship Club invited Stefan Lindegaard, a Copenhagen-based innovation expert, to give brief a lecture on crowdsourcing — tapping the knowledge, opinions, and ideas of the crowd to help innovation inside established companies.

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EY Entrepreneur of the Year Awards Gala

Submitted by Aswathi Suresh, Co-Chair of the Marketing & Entrepreneurship Club

The EY Entrepreneur of the Year Award is a prestigious business award that is handed out every year in multiple countries across the world to honor enterprising entrepreneurs who have made outstanding contributions to their local economies. Within Singapore, the annual awards gala ceremony has evolved into a tradition and a hallmark event of the business community and this year, the Nanyang MBA was privileged to be a part of it. The only MBA program to be represented at the event, the school was represented by Anggonno Natalnugroho and Aswathi Suresh, co-chairs of the Marketing and Entrepreneurship club.

Continue reading EY Entrepreneur of the Year Awards Gala

Banking and Finance Networking Session

Submitted by Johnny Kwon, Co-Chair of the Banking and Finance Club

 

On 5 December 2014, the Nanyang MBA Banking and Finance club organized a networking session with industry professionals at Three Bistro, located near Suntec City. Three Bistro is managed by a Nanyang MBA alumni and we were fortunate to have our event accommodated by her. The event had a successful turnout and the invited guests came from a wide range of banking and finance fields namely: Treasury sales, equity sales, equity research, remisier, private banking etc.

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It was an excellent opportunity for the MBA Banking and Finance Club members to network with industry professionals to better understand the various positions available in the banking and finance industry, understand the job scope of these positions and develop contacts within the industry.

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The ambience was cozy with nice music in the background. We had good conversations with attendees over our favorite beverages, be it beer, wine or cocktails. Following the event, the Nanyang MBA participants had a sumptuous Vietnamese meal at Millenia walk and, subsequently, headed to boat quay for further bonding. Work hard, Party hard!

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For more information about Nanyang Business School click here.

 

 

Exciting Corporate Talk and Networking Session with ASEAN Private Equity & Venture Capital Association, and Mercer Consulting

Submitted by I Putu Mahendra Wijaya, Co-Chair of the Management Consulting Club

 

The Nanyang Business School has been fortunate once again to host a talk and networking session with two  industry leaders in Singapore. Last Monday, 15 December 2014, the Management Consulting Club (MCC) and the Women in Business Club (WBC) welcomed two great speakers to share with the students about the many different aspects in the world of business.

Our first speaker, Ms. Anu Sahai, was from ASEAN Private Equity & Venture Capital Association, and she was a former CEO & Director of Aditya Birla Sun Life Asset Management Pte Ltd. Her session was about her career journey and decisions. She spoke about the road blocks she faced as a woman as she went up the career ladder, the dos and don’ts of the corporate world, the road blocks and struggles that all of us will face and how to deal with them. She gave numerous practical real life examples to make the session more personable and relatable for everyone. Indeed, one of the most interesting insight she shared during the corporate talk was the oft-neglected link between work-life balance, workplace success, and personal happiness.  To this end, The Economist magazines recently has run several articles which show practically that longer working hours do not mean better productivity (it may even harm productivity, thanks to overburden). Hence, Ms Sahai’s insight on work-life balance was indeed one of the most important takeaways from the talk.

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Next, we were also very fortunate to host Mr Dion Groeneweg, a Partner in Mercer Consulting. During his session, he instilled passion and curiosity among the participants about how the practice of human resource consulting is about to be revolutionized thanks to the development of technology. Particularly, he shared with us the interesting evolution that has happened in the sphere of human resource consulting: how some aspects of the human resource are now on the convergence path with IT consulting, and paradoxically, how human resource will result in more specialization in the future – a trend which will bring more transparency and efficiency to the world of human resource management. Indeed, these dynamics in the industry are exactly examples that you would not find in textbooks.

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Some day in the future, perhaps, we will find these topics in textbooks. But for now, at least, the students at the Nanyang MBA program have the privilege to have a sneak peek at all these exciting development before everyone else, right from the leaders themselves. It was indeed an exciting experience to go through.

 

For more information about Nanyang Business School click here.

Nanyang Business School Participation in CEIBS 2014 MBA Career Trek

Submitted by Noopur Singhal, Co-Chair of Management Consulting Club

 

Date: 6-7 November 2014

Organizer: CEIBS

Participants: 3 students from NBS, and students from SMU and CEIBS

 

The 2014 CEIBS MBA Career Treks is an annual program organized by CEIBS MBA students with the help of their MBA Career development center. The 2014 program was launched simultaneously in three different locations, Singapore, Hong Kong and Beijing. The program aims to help students deepen their understanding of their target industries and functions, and explore potential career opportunities through company visits and meetings with senior executives.

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For their Singapore visit, CEIBS invited MBA students from the top three business schools in Singapore (NTU, NUS and SMU) to participate in the Trek, and three students – Noopur Singhal, Richard KW Lee and Chen Chi volunteered to participate and represented Nanyang Business School in the CEIBS trek.

We visited five companies in two days: DHL In-house Consulting, Credit Suisse, TradeHero, Abbott Labs and OCBC, which gave us an insight into several industries, including pharmaceuticals, logistics, mobile gaming and finance. The company visit on the first day was followed by a networking dinner and Mathew Stenger, Aswathi Suresh and Jeffery Zou joined us for the dinner.

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Overall, this two-day event not only gave us a good platform to build contacts in the industry but also helped us in knowing all the participating students at a personal level.

 

For more information about Nanyang Business School click here.