The interview process is finally evolving.  A growth in entrepreneurism and technology is spearheading changes in how hiring managers interact and evaluate candidates. According to LinkedIn’s 2018 Global Recruiting Trends, the top five key evaluation tools adopted by employers are:

  • Soft Skills Assessments
  • Job Auditions
  • Meeting In Casual Settings
  • Virtual Reality Assessments
  • Video Interviews

What does this mean for candidates and those who support them?

New tools are making their way into the hiring process, but employer expectations remain the same. Employers still expect candidates to submit well-written resumes, have polished LinkedIn accounts, and know how to interview. General, behavioral, technical and case interviews will remain a core part to the hiring process.

Preparation is still the key to a successful interview. Preparation should now include time to learn more about these evaluation tools, how to perform at your best, and when to expect them within the hiring process. On the plus side, candidates will likely enjoy a speedier hiring process as more companies adopt one or more of these new tools.

Through the CareersRady system, Rady students and alumni can access online interview support technology such as Big Interview, Career Insider/Vault, Mock Interview, and GoinGlobal to help prepare and practice for interviews 24 hours a day/7 days a week.  Rady students can also find a list of workshops, networking events and panels hosting business professionals, hiring managers and experts on career topics, including interviewing success.

To ensure Rady School of Management students and alumni are prepared and comfortable with the interviewing process, the Rady Career Connections team provides individual coaching and mock interview practice. Specifically, alumni and students can meet with a career coach to help identify their applicable experience, strengths and skill sets to focus on, and identify areas that need improvement before an interview.

 

 

 

March 20, 2018 0 comment
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Alumni from the Rady School of Management share how they used their degrees to disrupt their industries to bring innovative ideas, products and programs to the market. 

Richard Castle – The Future of Hospitality Management

When booking a vacation or business trip, consumers want things to run smoothly. From check in to check out, hotel staff work tirelessly to ensure the needs of guests are not only met, but exceeded. But how do hotel operations ensure everything about a guest’s stay is as perfect as possible? Enter Cloudbeds, a company developed by Richard Castle (MBA ‘13) and Adam Harris.

Cloudbeds provides hospitality software that helps independent operators run their properties’ operations. The Cloudbeds system provides a variety of services, including the software the property uses to check people in, manage reservations, run important reports, distribute inventory and more.

Thanks to the internet, travelers have the technology at their fingertips to book accommodations anywhere in the world. Thanks to Cloudbeds, booking is easier for travelers and managing operations is easier for providers. The streamlined platform is making waves in the industry – Cloudbeds programs are used by tens of thousands of properties in more than 100 countries to help properties generate more reservations and provide a better guest experience.

“Powerful property management and channel management software was previously only available to the largest hotel brands in the world,” Castle said. “Cloudbeds provides a flexible, cost-effective software solution that helps independent properties navigate an ever-changing industry.”

Castle’s time at the Rady School of Management was integral to the creation of Cloudbeds. From an emphasis on innovation and creative thinking to courses dedicated to providing insight on starting a business, Castle credits the Rady School for helping his business interrupt the hospitality industry.

“As Cloudbeds grows, the skills that I acquired at Rady continue to apply and I feel that I’m continuously reflecting on all of my coursework, faculty lectures, and conversations with my fellow alumni.”

 

March 19, 2018 0 comment
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Alumni from the Rady School of Management share how they used their degrees to disrupt their industries to bring innovative ideas, products and programs to the market. 

Silvia Mah – Inspiring Diversity in Entrepreneurship

Have you noticed an influx of women raising their voices and taking their seats at the entrepreneurial table? It is women like Silvia Mah (MBA ’10) who are helping make that possible. Through her various organizations focused on supporting women in the startup world, she has helped with the launch of more than 120 female-led business endeavors.

Mah serves as the Executive Director of Hera Labs, a business accelerator dedicated to helping women-led businesses launch and grow. Hera Labs is not your typical accelerator. Founded on principles of innovation, support, community and collaboration, Hera Labs was created to encourage diversity in entrepreneurship by providing women access to mentors, education and capital to ignite female-led innovation.

With a background in biochemistry, Mah initially came to the Rady School to enhance her business acumen and expand her network. After a few courses highlighting entrepreneurship, Mah caught the entrepreneurial bug and worked to develop mystartupxx – an accelerator housed in the Rady School dedicated to helping women create and launch business ideas.

“My time at Rady transformed my business decision-making process, challenged me to think big and dream of a different world where funding opportunities are not dictated by our gender or color,” Mah said.

The success of Hera Labs has led to a number of additional resources for female entrepreneurs added to the lineup.  Hera Labs recently partnered with Seed San Diego and Product Rebels, to launch Ad Astra, a 12-week business accelerator for female founders with revenue-generating businesses. Throughout the program, participants gain access to funding and clarity on their product, customers, and market, so they leave with a compelling business case that leads to subsequent investments.

“Rady supported me tremendously in the launch and growth of a business accelerator made for female change-makers and innovators. I cannot begin to express my gratitude to Rady, the faculty and the students for creating a safe place to grow ideas for maximum impact.”

March 16, 2018 0 comment
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Alumni from the Rady School of Management share how they used their degrees to disrupt their industries to bring innovative ideas, products and programs to the market. 

Suman Kanuganti – Helping Others Navigate the World

When Suman Kanuganti (MBA ’14) arrived at the Rady School of Management, he knew he wanted to leave with an idea that would change the world – he just wasn’t sure where to start. A fateful course in entrepreneurship inspired Kanuganti to pull from his experience to address a societal need. The question was posed to the class – How can entrepreneurship inspire positive change in the lives of others? Inspired by a perseverant friend with deteriorating vision, Suman decided to use his engineering skills to help empower visually impaired individuals to achieve their full potential.

Launched in 2014, Aira was created to help visually impaired individuals navigate the world with more freedom and autonomy. By leveraging leading technologies, such as smart glasses and mobile devices, Aira connects users – or Explorers – with a network of trained remote human agents, to provide Explorers with instant access to information and assistance in the physical and digital world, when and where they want it.

“Aira is introducing disruptive technology to solve an age-old and often forgotten problem facing the low vision: how to go beyond the white cane, guide dog and limited assistive devices to help people who are blind gain enhanced mobility independence and quality of life,” Kanuganti said.

Powered by the latest in augmented reality artificial intelligence, Explorers are able to connect to agents who are able to see an Explorer’s location and surroundings, providing a clear, live auditory narrative of the user’s environment in virtually any daily activity.

Since its inception at the Rady School of Management, Aira has received countless awards, accolades, recognition from top publications and numbers of rave reviews from Explorers.

“After coming to the Rady School as an engineer with an interest in the business world, my time at Rady enabled me to gain the innovative and entrepreneurial skills I needed to establish a vision, launch my company and make a real impact on the lives of the visually impaired.”

March 14, 2018 0 comment
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One of the most important aspects of entrepreneurship is adaptability. Being able to shift focus to meet the needs of ever-changing market trends, cycles and consumer interests at the drop of a hat is crucial for succeeding in the marketplace. When UC San Diego students expressed interest in learning more about one of the most popular current business models – Social Innovation — experts at the Rady School of Management launched a unique accelerator designed to meet the needs of these social entrepreneur hopefuls.

The Social Venture Accelerator housed at the Rady School supports students interested in creating social impact through entrepreneurship through workshops, mentorship sessions, pitch practice and more. Born out of a need to create more socially-conscious companies, the Social Venture Accelerator helps students scale and develop innovative companies addressing important social issues. The pilot program recently wrapped up, launching six business endeavors with companies ranging from sustainable farming to technology that prevents senior citizens from falling.

From November through February, more than 20 students gathered at six workshops to learn about relevant topics. Topics included creating the perfect pitch, developing business models, crowdfunding, key traits of social entrepreneurs and more. The pool of participants was diverse – from nascent state ideas to emerging companies, each team had the opportunity to grow their venture guided by experts from the Rady School.

“The Social Venture Accelerator is a vital part of UC San Diego’s entrepreneurial blueprint because we see social impact ventures becoming a much bigger part of the start-up ecosystem,” said Kim Davis King, Co-Director of Accelerator Programs. “We cover different social impact corporate structures so participants get a comprehensive look at what it takes to launch a successful social venture.”

Although the accelerator is open to the entire campus, the majority of participants were Rady School students eager to bring their innovative ventures to life. Mauricio Varon (MBA ’19) developed a luxury bed and bath linens brand where for every bed sheet purchased, a recycle fiber blanket will be donated to Peruvian communities located in the Andes region.

“I chose to get involved with the Social Venture Accelerator because I believed it was a good idea to gain knowledge, network and exposure to my idea,” Varon said. “Throughout the process of the accelerator program I learned about social venture business models. I am planning to leverage my time with the Social Venture Accelerator and lessons learned in my MBA classes to make this company successful.”

The program also caught the eye of Scripps Institution of Oceanography graduate of the Masters of Advanced Studies program Brant Chlebowski, who was searching for programs on campus in support of student ventures. His company, California Seaweed Co., provides a sustainable approach to developing high quality native seaweeds for the culinary market while supporting scientific research and development of aquaculture technology.

“The Social Venture Accelerator stands out on campus, as it was uniquely focuses around the social transformative component,” Chlebowski said. “I learned there is a wide range of models and methods available for businesses to include a social and transformational component in their strategy. A company has opportunities to support positive social outcomes at every stage of the business model from human resources, full supply chain management, marketing and end user engagement.”

The accelerator culminated with a pitch presentation where six teams shared their companies to JoAnne Starr, the Rady School Assistant Dean, Strategy, Curriculum and Rankings, and Ayelet Gneezy, a professor at the Rady School. The teams received feedback on their presentation and business ideas.

Due to the success of the pilot program, the Social Venture Accelerator will launch another program in the fall.

“Our participants really enjoyed the program, but also provided some feedback on what they would have liked more of,” said Lada Rasochova, Executive Director of the California Institute for Innovation and Development, housed in the Rady School. “Participants mentioned they would have liked more time with mentors and a broader audience to pitch to at the final presentations, so we will be incorporating their suggestions into our curriculum for the next cohort.”

Moving forward, King and Rasochova are anticipating the growth of the accelerator.

“UC San Diego and the Rady School are committed to providing innovative and relevant approaches to entrepreneurship,” Starr said. “The Social Venture Accelerator meets the needs of our socially-conscious and entrepreneurially-minded campus community and supports their ideas that will change the world for the better.”

The Social Venture Accelerator is funded by the Center for Social Innovation and Impact – a center dedicated to inspire students and alumni to address the big issues and big challenges our society is facing. The development and launch of the accelerator is one of the actions that Rady is taking as part of our role in the broader Changemaker Campus plan at UC San Diego, which encourages the campus community to actively engage in serving the global community.

March 13, 2018 0 comment
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Alumni from the Rady School of Management share how they used their degrees to disrupt their industries to bring innovative ideas, products and programs to the market. 

Byron Myers – Changing the Face of Oxygen Delivery

More than 15 million Americans use oxygen therapy to assist with a range of health complications. But traditional oxygen therapy is cumbersome – patients have historically received their portable oxygen therapy from large and heavy oxygen tanks that deliver a limited supply. Inspired by a close relative struggling with the complications and restrictions of traditional oxygen therapy delivery systems, Byron Myers (MBA ’10) and his team developed Inogen, a company that aims to ensure mobility and freedom for oxygen therapy patients.

Inogen is innovation in oxygen therapy – we are a medical technology company that develops, manufactures and markets oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions,” Myers said. “Inogen’s technology generates oxygen from room air so the patient never needs to worry about running out of oxygen in a tank.”

Gone are the days of lugging a hefty tank with a finite oxygen supply. Inogen’s disruptive design combines portability with recyclable air filtration technology to provide a constant supply of oxygen. But the technology is not the only disruptive aspect of Inogen – the unique business model is also shaking up the industry.

“As the only manufacturer in oxygen therapy with a true direct-to-consumer business model, Inogen is creating patient awareness of our technology and the benefits it can provide to increase freedom and independence,” Myers said. “Our technology innovations made us successful; the distribution strategy was a complete game changer.”

Lessons on innovation and challenging the status quo helped Myers establish the $2.5 billion company – lessons Myers credits the Rady School of Management for helping launch and sustain his flourishing business.

“My time at Rady helped me establish a mindset that there is no room in a competitive market for complacency, there is no other option than forward progress and it must be actively sought.”

 

March 12, 2018 0 comment
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Entrepreneurship and innovation are integral aspects of a Rady School of Management education. So when Ignite UC San Diego – the university’s conference celebrating entrepreneurial risk-takers and innovation change-makers – announced a call for startups and speakers, Rady School students, faculty and alumni eagerly answered the call.

Held on March 6 and 7, the second annual event connected campus and community for two days of jam-packed networking and entrepreneurial learning. More than 800 attendees gathered at the Price Center on the UC San Diego campus for a pitch competition, keynote addresses, mentorship sessions and industry updates.

The conference kicked off with a Startup Fair, with eight Rady led or co-led teams participating. Additionally, five Social Venture Accelerator and mystartupXX teams participated — both entrepreneurial accelerators housed in the Rady School.

After the fair, startup teams were invited to participate in the Elevator Pitch Competition for the chance to win cash prizes for top pitches. Thirty one teams gave 90-second pitches to an esteemed panel of judges. Among the six winners were CReATE, a company co-founded by David Dallas-Orr (MBA ’18) that is developing an algorithm used to predict accurate patient-specific outcomes to pacemaker-related heart surgeries, and Osteolux, a mystartupXX team led by bioengineering students implementing a bone cement curing device to improve operating room efficiency.

Later in the day a total of 25 teams from UC San Diego and other universities from across the country presented at the semi-finals for the Pitch @ Ignite competition for a chance to be one of six teams selected to compete for over $21,000 in cash prizes during the evening event. All three UC San Diego teams to make it to the final pitch had Rady ties.

CReATE won a second place prize of $6,000. The team is part of a joint partnership between the Rady School and Jacobs School of Engineering Institute for the Global Entrepreneur, as well as a current member of the StartR Accelerator.

The other two teams to make it to the top six were Navega, a Jacobs School of Engineering team that is currently participating in mystartupxx, and USYNO, a company founded by Jimmy Wu (MBA ’17) who  participated in both StartR and mystartupXX, and is currently in EvoNexus.

A new fun element this year was the evening Startup Rap Battle. Participating (and each winning their “battle”) were Rady alum Brett Blazys of Doggie Doo Don’t and mystartupXX participant Isaiah Weiss of Celeride.

In addition to a number startup participation, expert Rady alumni shared their knowledge and skills through keynote addresses focused on setting goals, San Diego-centric innovation and strategies for building entrepreneurial ventures. Lada Rasochova, executive director of the California Institute for Innovation and Development (CIID) at the Rady School, presented as part of a panel in the “SOS! The Entrepreneur’s Guide to San Diego” afternoon breakout session. Rady alumna Silvia Mah (Flex Weekend MBA ‘10) led a discussion on the value of creating vision boards to enhance creativity and direction. Current Rady student and CEO of the student-led Entrepreneur Challenge Alex Boone hosted the Elevator Pitch Competition and moderated a conversation with Kim Kovacs. Alumni Sean Haggerty (Flex Weekend MBA ‘17), founder of Protector Brewery, was a featured panelist in the “Leverage Your Fear, Kick Entrepreneurial A$$” session.

“In just its second year, the Ignite Conference is proving to be one of San Diego’s premiere events for entrepreneurs,” said Karen Jensen, program manager of CIID. “The opportunity it provides particularly for our students to pitch their ideas in front of an audience that includes potential investors or partners, whether through the competitions, Startup Fair, or conversation is unparralled.”

 

 

March 8, 2018 0 comment
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The mystartupXX program is a one-of-its-kind accelerator that was created to increase and encourage diversity in entrepreneurship. Participants take part in mystartupXX workshops focused on various aspects of launching startups – team building, leadership, performing a market assessment and obtaining customers’ feedback, creating a value proposition, validating business models, and understanding financing strategies needed to launch the business. Each startup works with a mentor and meet regularly with advisors to monitor and encourage their progress.

Eight new teams joined the most recent cohort.

Beggy

Beggy gives women convenience and connectivity with a highly functional and stylish Smart Bag.

Celeride

Celeride is America’s first “open market” ridesharing platform that gives users pricing power, ensures all rides/drivers are insured, and assists drivers with collecting and remitting taxes.

GoboEco

At GoboEco we are redefining the way you buy mascara.

ICE Cosmetics

ICE Cosmetic provides you high level of customization/personalization of cosmetic products and high involvement in cosmetic making classes/events.

Melio Labs

Rapid Broad-Based Platform for Microbial Identification.

Navega Therapeutics

Our technology enables precise, long-term, and addiction free pain management, thus enabling a new paradigm for improving the quality of life in patients with debilitating pain.

OsteoLux

By implementing a bone cement curing device to improve operating room efficiency, OsteoLux aims to minimize the financial burden of orthopedic surgeries on the U.S. healthcare system and eliminate ergonomic hindrances for orthopedic surgeons.

ThrIV

ThrIV offers revolutionary vitamin/electrolyte delivery through microneedle skin patch technology to enhance performance and overall health.

March 5, 2018 0 comment
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Marcella Bothwell (MBA ’14) is an otolaryngology (ear, nose & throat) specialist. She was recently appointed to the San Diego Park & Recreation Board.

What impact has Rady had on your career progression?

Before coming to Rady, I was a successful pediatric ENT surgeon.  I recognized that this seemingly narrow focus could be enhanced with the graduate business degree and chose to come to UCSD Rady Business School while remaining almost a full-time equivalent at the UCSD medical school.  While some surgical skills are transferable to other areas of interest many are not and after retiring from the surgical practice my MBA has been invaluable in creating other avenues for success.

Good government and its processes have always interested me and now I’m taking an active role in the Pacific Beach Town Council as Board member and Treasurer, Board member of the City of San Diego Parks and Recreation Board and Co-chair of the Working Group for recreation councils to make a new City Council policy in 2018.   I am also on the Board for Mental Health America and heading up a development project for them.  And I have made two “Angel” investments in health care companies (one a start-up from UCSD) and am on the Advisory Board for another start-up in the area.  While all of this activity has been volunteer, I have enjoyed it immensely and feel I am making a difference in my and our San Diego community.

What event or realization served as a ‘turning point’ for during your Rady School and/or professional career? 

Surgery is a physical job.  Having my neck and back issues result in 4 spine surgeries and a neck disability was an unintended reality for me.  To make a successful transition from a very active person to a more physically limited capacity is difficult.  Broadening my skill-set has made other avenues possible.  The Park Board manages over 44,000 acres of parks in the San Diego community.  Another Board member said “I don’t think we need a surgeon for this Board but your MBA is very useful.“   I disagree a little with that analysis in that surgical training creates a very focused mind with logical processes but the MBA gives the skills to do the analysis.

What was your favorite class and why?

After being out of school for 25 years, Quantitative Analysis was very difficult, but it has been very useful.

How did your view of entrepreneurship/innovation change throughout your time at the Rady School?

Completely — I  am now an Angel Investor.

What advice do you have for prospective students?

Remember that while this is school, you are learning actual skills to use in the work place. Take each project seriously, you never know what you might actually learn from it.  I had a research project where I had to do tracheotomies in baby rats (so I practiced over and over again), then a few years later I had to do an emergency tracheostomy in a 22-week gestational age baby girl who was not much bigger in 30 seconds.  Who knew I’d been practicing in the lab.

What is the most memorable moment from your Rady School experience?

Being almost 50 and in a graduation robe again with a lot of great friends!

Did you participate in StartR/mystartupxx? If so, how did these programs impact your MBA experience?

After graduation: mystartupxx. It put a ‘real-world’ take on our project.

Tell us a fun fact about you, or something people may not know about you.

I am a “failed foster” puppy mom.  While volunteering at Labs and More, another Non-Profit, I took Ari home to bandage and heal his ear which had been largely bitten off.  As he recovered, he got along with my other 3: Lexi, an 7-year old Husky, PT Barnum, a 13-year old Miniature Poodle, and Bailey, a 13-year old Rat Terrier; that I had to adopt him.  It’s a circus at my house!

February 21, 2018 0 comment
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As a first-year full-time MBA Student at Rady, I was excited to go on the Bay Area Trek this past January.  San Francisco is the city with the second-biggest population of Rady Alumni living there, and I was excited to visit new companies and make a fun trip out of it.

Rady Career Services organized company visits from the financial, tech, biotech and healthcare industries, and had us rank our favorite options as we prepared for the trek.  Some examples of company visits include Flex, Splunk, Paypal, Google, Kaiser, Thermo-Fisher, and many others.  I was most interested in visiting Kaiser because of my background in the healthcare industry; I also thought it would be fun to visit OpenTable and Facebook so I could see what these customer-facing tech companies were like.

I was excited to visit San Francisco. I stayed in a hotel in Lower Knob Hill with two of my girlfriends from Rady. It was fun to bond with them and make a girls’ trip out of the trek. We especially enjoyed trying out different coffee shops throughout the city, and exploring new neighborhoods.

My first company visit was Kaiser Permanente in Oakland, CA. This was a short BART ride from our hotel, and one of the Rady Career Advisors met us in the lobby to help coordinate the visit with the Kaiser personnel.  Kaiser gave us a really nice welcome, and provided an in-depth presentation on its structure, vision, and opportunities for graduate internships and post-MBA full-time positions and rotational programs.  After the presentation, we had time to talk with the recruiters and a representative from the Business Development division. They were all extremely generous with their time, offering us their contact information and encouraging us all to keep in touch.

After our Kaiser meeting, I was able to have an impromptu visit Pandora Radio through another Rady student’s personal connection with the company. Pandora was a really cool company to visit: it had that quintessential San Francisco tech company feel with open spaces encouraging collaboration and innovation, along with lots of nooks and crannies for someone to hideaway and get work done when on a deadline.

On Friday morning, I visited OpenTable which has a great location in the heart of downtown San Francisco. I was able to walk a short 15 minutes from our hotel to get there. I had used OpenTable’s restaurant program during my time working in the restaurant industry while in college in Boston, and was excited to see what the company was like. We met with Scott Lavelle, Marketing Director, and Rady Alumni 2009. He gave us a tour of the company, and talked about its vision, and latest efforts to form new strategic partnerships to support the company as it attempts to scale across the globe.

At our visit to Facebook on Friday afternoon, we got to meet with representatives from their supply chain department.  They were extremely welcoming of us, giving us lots of facebook swag, and offered plenty of time for questions.  Afterwards, we had an awesome tour of their campus. It’s huge! They have awesome amenities for their employees: an arcade, restaurants and bars, and even a sweet shop with ice cream and other dessert options—which we got to enjoy! It was interesting to see such a big company campus-it almost felt like a mini-city created just for its employees.

Another great aspect of the trek was the Rady Alumni mixer at the Boudin Bakery Museum in Fisherman’s Wharf. This was a great opportunity to connect with local Rady alumni in the Bay Area. I had a great time meeting them and hearing about their post-Rady journeys. It was inspiring to see our alumni out in the world doing great things with their education.  Everyone I met was so generous—offering to make an introduction or provide general career advice. We even ended up going to In-N-Out with a few for a quick dinner after the mixer!

All in all, the Rady Bay Area Trek was a great experience for me. I got to make some new contacts at some prestigious companies in San Francisco and see firsthand what they’re like inside. But even more importantly, it was a great chance to bond more with my fellow students and form new friendships with Rady Alumni.

Lauren Murphy is a first-year Full-Time MBA student at the Rady School of Management. She has a background in the healthcare industry, and wants to transition to a career in the healthcare and tech space in business strategy, operations, and business development after obtaining her MBA.

February 21, 2018 0 comment
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