Mastercard’s Chief Security Solutions Officer Ajay Bhalla was on campus on Wednesday, March 28, to discuss the ways in which companies need to reimagine the relationship between technology and human understanding to stay relevant.
Bhaskar Chakravorti, Senior Associate Dean of International Business & Finance at The Fletcher School and the founding Executive Director of the Institute for Business in the Global Context, introduced Bhalla to the audience of students, faculty, and administrators. Chakravorti and the team at IBGC have been working with Bhalla and Mastercard since 2011 developing the Digital Evolution Index, a measure of digital change and trust across the globe. The issue of trust is a key one for Bhalla, who is responsible for ensuring the safety and security of every payment for the over two billion cardholders using the Mastercard network.
During his talk, Bhalla compared the rapid change in technology throughout the past few decades to a rollercoaster. “Riders are comfortable in one moment and then the rollercoaster flips upside down,” he said. He went on to note that in combining rapid technological innovation with the pace at which human knowledge is expanding globally, changes in technology can be expected to create some uncertainty.
“I sort of came into consulting by accident,” Mariya Rosberg (F04), partner in the Corporate and Institutional Banking practice of Oliver Wyman, told a crowd of students, administrators and faculty from The Fletcher School of Law and Diplomacy earlier this week. And whether it was intentional or just fate, Rosberg’s initial foray into consulting – and her career path since then – has been quite impressive.
The alumna – Rosberg earned a Master of Arts in Law and Diplomacy in 2004 – returned to her alma mater to discuss her career in financial services and offer her thoughts on the future of her industry as part of the Institute for Business in the Global Context’s speaker series.
Oliver Wyman Partner Mariya Rosberg (F’04) speaks to the Fletcher audience on her view of the future of the financial services industry
Before coming to Fletcher, Rosberg explained, she was unsure of exactly which route to take in her career, so she took the opportunity to become a consultant after hearing it could inspire her career search. “Consulting is a great way to learn a craft and learn about an industry from the inside out,” she told students.
After a few years as a consultant, the events of 9/11 occurred, and Rosberg’s path suddenly shifted. “I was moved to change my career and decided to come to Fletcher,” she said.
Since graduating from Fletcher, Rosberg served eight years as a strategy director in the wholesale divisions of two global banks and currently works as a partner for Oliver Wyman. She’s seen the banking industry through both prosperous times and catastrophic ones, and the experience has given Rosberg some valuable insight into the future of the financial services industry.
The Institute for Business in the Global Context (IBGC) is pleased to bring you relevant global business leaders as part of ourGlobal Speaker Series, which has provided Fletcher students with substantive networking and recruiting opportunities for the past 16 years. Last semester, we hosted the CEO of Oliver Wyman, Partners at Dalberg & Accenture, along with Managing Director at Mathematica, among others.
Interested in working in the private sector or at the confluence of public/private worlds while making connections with potential employers? Then, come and engage with this impressive lineup of executives, entrepreneurs, and academics—including Fletcher alumni! We are constantly adding new speakers, events to the calendar, so stay tuned.
7: Sarah Williamson, President, Focusing Capital on the Long Term
26: Mariya Rosberg, F’04, Partner, Oliver Wyman
27: Jorge Ramirez, F’98, Former CEO, Chile, AON
7: Christian Bachheimer, GMAP’17, Chairman, Polycore Optical
12: Jules Pieri, Co-Founder/CEO, The Grommet
14: Jan Neutze, Director, Cybersecurity Policy
26: Michael Cantara, GMAP’11, Senior Managing Director, Global Client Group, MFS
Core to the work of The Fletcher School’s Institute for Business in the Global Context, the “Turn?” Series of conference examine regions of the world at a point of inflection. From Africa to Turkey to Greece in the past few years, these events bring together leaders from business, politics, and academia for timely discussions, exploring implications for the world at large and the region on the cusp of “turning.”
The latest edition of “Fletcher Reads the Newspaper” tackled the thorny question: Is Brexit a “house of cards” that threatens the stability of the world order? After introductions by Bhaskar Chakravorti, Senior Associate Dean of International Business and Finance at The Fletcher School, and Lisbeth L. Tarlow, Chair of The Fletcher School Board of Overseers, the two debaters kicked off.
Lord Michael Dobbs Speaks to the Fletcher Audience as part of Fletcher Reads the Newspaper
Lord Michael Dobbs, introduced as “Westminster’s baby-faced hitman,” wasted no time attacking the premise of stability to begin with. He claimed global stability disappeared at least twenty years ago. The seasoned debater laid out the three-part argument that a) there is no stable world order b) the EU is the cause of instability and c) the EU failed the challenge of changing internally due to its undemocratic nature. Countering the common narrative that the UK left the EU for economic reasons, Dobbs insisted that the UK left to reclaim its sovereignty, which has been compromised by an “arrogant, authoritarian, inefficient, ineffective, and elitist” EU that refused to reform itself. According to Dobbs, the democratic deficit generated by decision-making in Brussels by unelected representatives is irreconcilable, and the EU itself is in danger of becoming a “house of cards.”
Dr. Amar Bhidé, after excusing himself for this “hopelessly mismatched debate” took a different approach, borrowing a page from British economist John Kay to illustrate the perils of Brexit using the example of regulation on jam. Bhidé demonstrated how the trade and safety regulations so lamented by the pro-Brexit camp in fact will not be eliminated by leaving the EU, and are actually made less burdensome by unifying standards across the region. He went on to extend the jam example to immigration, claiming that Brexit is really about the flow of people, which also will not end with Brexit and is arguably much more important to the economy than the flow of jam.
Fletcher Alum and wealth management expert Alice Finn (F’88) tpeaks to the the Fletcher community on her book, “Smart Women Love Money” (Photo Credit: Sarah Collins)
On Wednesday Nov. 1, Finn returned to The Fletcher School to take part in the Institute for Business in the Global Context (IBGC) Speaker Series and in true Fletcher style, she brought along a fellow alumna and PowerHouse Assets colleague, Ralitza Gueorguieva (F05). IBGC Director of Corporate Relations Dorothy Orszulak introduced Finn to an engaged crowd — of both genders. Finn answered every question asked thoughtfully and passionately, sharing her five top tips:
Invest stocks long-term
Implement index finds
Keep fees low
In a Q&A before the event, Finn revealed her motivation for starting her company, shared her best financial tip and explained how her Fletcher experience prepared her for her career.
“Should businesses be involved in politics? Absolutely. We have a responsibility to make our contribution to society,” Oliver Wyman CEO Scott McDonald told Fletcher students last week during a talk hosted by The Institute for Business in the Global Context. McDonald explored business’ ever-evolving role in politics during his presentation and explained how he navigates the changing landscape as head of a leading global management consulting firm.
The debate around whether business should (or shouldn’t) be involved in politics isn’t a new one, McDonald said, but discovering the right way to balance involvement in politics without alienating your employees and consumers often poses a challenge for companies.
Oliver Wyman CEO Scott McDonald discusses the role of business in politics as part of the IBGC Speaker Series (Photo Credit: Ahmad Raza)
Political activities such as lobbying have existed for ages and have always been a natural part of the business world, McDonald explained. During the 1960s and ‘70s, businesses became more involved in politics as the civil and women’s rights movements hit the scene. The next big wave of activity popped up in the ‘90s as consumers began to make their voices heard more clearly. Over the past 10 years or so, companies have started to think strategically about consumers’ voices and have begun to actively align their goals with those of their customers.
This year, Ernst & Young announced the launch of a new training program, Religious Literacy for Organizations (RLO), which “help[s] organizations better understand religious inclusion and its positive impact on business process and performance.” Why would a “Big Four” accounting firm offer religious literacy training to its clients? What does this move mean for the consulting industry and global business?
The Institute for Business in the Global Context is proud to sponsor…
This panel will discuss the practicality of religious literacy training in today’s global businesses, what religious literacy looks like in business operations, and why this trend should be on radar of today’s business students.
Paul Lambert, Assistant Dean at Georgetown’s McDonough School of Business
Dr. Ibrahim Warde, Professor of International Finance at The Fletcher School
Dr. Brian Grim, President of the Religious Freedom & Business Foundation
As an advisor on agriculture & food security at strategic advisory firm Dalberg Advisors, Angela Hansen works at the forefront of some of the world’s most pressing issues. On September 27, Hansen shared some of her insights on global sustainable development and the practice of “design thinking” with Fletcher students at the first event in this semester’s Institute for Business in the Global Context’s speaker series. In a hands-on event that featured a few participant exercises, Hansen encouraged students to approach her talk with a “beginner’s mind” and keep their curiosity open to the subject at hand.
At Dalberg, Hansen works across the public, private and philanthropic sectors to help clients in emerging and frontier markets enhance performance, meet objectives and develop new partnerships in the field of global sustainable development. Hansen has prepared strategies for multilateral organizations, leading international NGOs and private sector companies all over the world and has lived and worked in Africa for over a decade.
In a brief Q&A, Hansen gave us a look into her typical work day, revealed her best advice for Fletcher students and explained how “design thinking” can impact global sustainable development.
1)What does your typical work day look like?
There is no typical day. Most of this week, I have been in side-events around the UN General Assembly in New York. I’ve engaged with private companies such as Barclays, Eni, Siemens, Mars and Phillip Morris. I’ve met with non-profits including Business Fights Poverty and CARE, and I’ve spoken with multilateral and bilateral development actors, as well as with a few of my favorite thought leaders such as Roger Martin and Malcom Gladwell. It’s great to be back in New York; this past month I have been in South Africa, Italy, Austria and Denmark for a mix of Dalberg and non-Dalberg commitments. Continue reading
“It’s a pretty exciting time for you all to be coming out of Fletcher,” John Gordon told an audience of Fletcher students. After all, the technology field is developing rapidly, and ideas once-considered “crazy” are driving major industry progress. Gordon knows a thing or two about noteworthy technology developments; he’s the Chief Digital Officer of Current, powered by General Electric (GE) — an energy company that integrates GE’s LED, Solar, Energy Storage and Electric Vehicle businesses to deliver cost-effective, efficient energy solutions.
Understanding how technology evolves and the “implications of new technology trends” is of the utmost importance, Gordon told students. He referred to GE as a “big industrial company in transition” and said staying on top of the latest technology is one of the ways it stays current and drives progress.
John Gordon, Chief Digital Officer at GE, speaks as part of the IBGC Speaker Series (Photo Credit: Anthony Schultz)
Case in point? GE is known for building locomotives and engines, but at a certain point the company realized they needed to update the way they approach technology to better understand how their systems actually perform. “We decided that we needed a different type of technology that would allow us to service things better,” he explained. So GE sought out additional data to teach them how various machines, like airplanes, were operating, then started the process of analyzing.