Republic of INSEAD

Milena Ivanova

The 20 Years Later MBA'03D podcast edition Welcome to the Republic of Insead podcast edition and enjoy the show. So here we are – 20 years later, hopefully all the wiser, naturally smarter and as charming as ever. There were 432 of us in the 03’D vintage and certainly there are 432 unique and very interesting personal and professional stories to tell. While I cannot physically cover all, I have tried to make a selection of stories, that will keep you interested and curious and will hopefully convince you to join us on campus for reunion. The show is here to remind everyone what an interesting and dare we say, colorful, bunch of people we are and how much we can contribute to each other, be it through ideas, knowledge or mere inspiration. The podcast is inspired by the original Republic of INSEAD yearbook, produced on paper 20 years ago by Oliver Bradley and team. Remember to book your tickets for the 20Y reunion in Fontainebleau, October 6-8 2023. Thank you for listening.

  1. E31: Nazaré: "No fear, no limits!"

    Mar 25

    E31: Nazaré: "No fear, no limits!"

    Welcome to Nazaré, Portugal. A small fishing town north of Lisbon that has become the Colosseum of big wave surfing. Waves at Praia do Norte are so big and powerful that professional athletes from around the world travel here every winter to test themselves against the Atlantic. What fascinated me when I first heard my guest talk about this world…is that big-wave surfing is not really about surfing. It is about teamwork. It is about decision-making under extreme pressure. It is about risk management. It is about preparation. And strangely enough… many of the lessons from Nazaré apply just as well in business. HURRY! Last hours to get your name in for the raffle and have the change to win the PRICELESS Nazare experience with Francisco and Red Herrings in Nazare! If 100 members of the alumni community make a gift to the Partners Scholarship during Giving Day, Jeff Clay will pledge $100,000 of his own to help secure the future of the scholarship and honour Denise’s memory. The MBA Partners Scholarship in memory of Denise Kaplan is a beautiful way not only to honor the memory of Denise, but to also help extend the legacy of our class, while showing our support for Mike. As a reminder, we also have an anonymous donor who will match the first 80k euro. Giving Day runs from the 19th to the 26th of March 2026 and offers a simple opportunity for us to come together once again. While larger gifts are always impactful, what matters most is that we take part together as a community. We truly hope 100 of us will come together, so we get Jeff to spend every last cent of his check! To make a gift to The MBA Partners Scholarship in memory of Denise Kaplan follow the link: https://www.insead.edu/alumni/classes/mba-partners-scholarship Together we are stronger. Allan Savory: How to fight desertification and reverse climate change

    1h 23m
  2. Hey Jeff…. Or in other words: "100 subject to 100!"

    Mar 22

    Hey Jeff…. Or in other words: "100 subject to 100!"

    Here are partial lyrics of Hey Jude by The Beatles. You figure out whether there are any parallels out there with our “Hey Jeff” Hey Jude, don't make it bad.Take a sad song and make it better.Remember to let her into your heart,Then you can start to make it better. Hey Jude, don't be afraid.You were made to go out and get her.The minute you let her under your skin,Then you begin to make it better. And anytime you feel the pain, hey Jude, refrain,Don't carry the world upon your shoulders.For well you know that it's a fool who plays it coolBy making his world a little colder. Na na na nananana, nannana, hey Jude... In recognition of the importance of The MBA Partners Scholarship in memory of Denise Kaplan initiative, Jeff Clay together with his wife Laurie have laid down a Giving Day challenge for the whole INSEAD community, and one in which it would be wonderful for us the 03D community to play a leading role. If 100 members of the alumni community make a gift to the Partners Scholarship during Giving Day, Jeff will pledge $100,000 of his own to help secure the future of the scholarship and honour Denise’s memory. If you like that logic and our approach, do join us! In other words – WE ARE LOOKING FOR 100 PEOPLE IN OUR COMMUNITY TO JOIN, SO HELP US GET THERE! The MBA Partners Scholarship in memory of Denise Kaplan is a beautiful way not only to honor the memory of Denise, but to also help extend the legacy of our class, while showing our support for Mike. As a reminder, we also have an anonymous donor who will match the first 80k euro. Giving Day runs from the 19th to the 26th of March 2026 and offers a simple opportunity for us to come together once again. While larger gifts are always impactful, what matters most is that we take part together as a community. We truly hope 100 of us will come together, so we get Jeff to spend every last cent of his check! To make a gift to The MBA Partners Scholarship in memory of Denise Kaplan follow the link: https://www.insead.edu/alumni/classes/mba-partners-scholarship Together we are stronger.

    27 min
  3. E28: "Let's Play" - you just never know what kind of ripples you're going to create

    03/17/2024

    E28: "Let's Play" - you just never know what kind of ripples you're going to create

    “If you want to help a community, then by far educations is the best way to do it. I don't know if it matters so much what you teach, but as long as kids get excited about learning and get excited about going to school, that makes a huge difference.” “Just by talking about it and it inspires other people to do something similar in their communities, you just never know what kind of ripples you're going to create, right?” “Once you don't think so much about yourself and once you don't think about what you're getting out of it, especially maybe financially, and you just do something for other people, then a lot of things just become maybe a little bit clearer in terms of what needs to get done.” “I didn't know what I was expecting, but for some reason I was a little bit surprised that those kids are just the same and they just happened to have been born somewhere else. If you look at people on TV you don't always realize how similar we all are, really.” “I have this amount that I'm quite happy to give anyone who has a worthy cause. For me, it's more like a message to the people who are asking to say “Look, I support you, I'm behind you in this and I'm with you.” So I hope that many people will be with you because it's a great cause.” “Music is a strange animal 'cause you can't touch it, you can't smell it, you can't eat it or anything else, and it's just there. Beethoven's Fifth just keeps coming back at you for 300 years, and that's very, very powerful, spiritual energy.” [Quincy Jones] “The collective power of artists can be very impacting. If we all put our egos aside in the service of people in the world who are less fortunate. We're truly all one people. We are all in need of each other.” [Harry Belafonte] “I think every individual in the world wants to contribute, and they don't know how. I got a feeling that we're creating a shift in what's going on in the world today, about helping other people. It's compassion. It's real new.” [Diana Ross] “The ripple effect that "We Are the World" had was that everyone wanted to try and do it. And artists suddenly realized that they could now make a change in the world. It's one of those things that kids who haven't even been born yet will know about because it was a unity through music.” [Steven Ivory, Music journalist] “We believe that artists have a valuable function in any society, since it is the artists who reveal the society to itself.” [Harry Belafonte] “"We Are the World" was something that everybody could understand. Even if you didn't speak English, you could understand the melody. You could understand the feeling of the song musically.”[Steven Ivory, Music journalist] Rondalla ensemble includes: guitar, bass, octavina, laud, banduria played together. Ukulele 03D Gift page (for INSEAD Giving Day 2024 and beyond) To make your donation just click here for the MBA'03D Diversity Scholarship. https://forceforgood.insead.edu/class-giving/mba03d-endowed-scholarship "Let's Play" fund raising page https://give.asia/campaign/support-music-education-for-children-in-philippines#/ “Let’s Play” on Facebook https://www.facebook.com/lets.play.malabon.ph?mibextid=ZbWKwL Instagram: letsplayasia

    57 min
  4. E27: "Okay, that's a message of hope for the future."

    12/22/2023

    E27: "Okay, that's a message of hope for the future."

    Top recommendations for Dean Veloso from the ‘03Ds: “Just make sure that your education is raising the bar on future management, not only in terms of technical knowledge, but in terms of values.” “The university has a great asset, it's the Alumni Network - invest more and with the expectation to get more out of it.” “Keep up the education of your alumni and give them the opportunity to get back together, because at the level of the class is where you have the strongest bonds.” Our 20Y reunion in a nutshell: Excitement, fun, connections. “It's the life in your years that counts, even more than that it is the people in your life. To me INSEAD has brought a lot of important people and reunion was all about meeting the ones that we see often, the ones that we see less often and finding that old energy is still there, which is amazing.” Sofia Marimba “When I think about the 4 reunions we've had - all of them a lot of fun. The 5 year was very much around what job have you got, what have you achieved in that period work-wise, where are you in your career. 10 years was a bit more like what's your family situation, have you had 5 kids yet, that kind of thing. 15 in Singapore was just a bit insane, people just wanted to be students again and largely behaved like that. This time, lots and lots of fun, but I found people in more reflective mood. I had more conversations about looking around what the next phase of life might look like.” Sophie Kent “It was exciting to get back together with people and realize how much I enjoyed their company and being around them.” Jeff Clay “The mood was different - there was no competitiveness anymore for sure, there was a lot more looking for cooperation.” Milena Ivanova Favorite moments: the things that bind us together “Life can be as fun as you make it up as long as you're blessed with health.” “The feeling of the first hug that you give to people that you have not seen in a long time, this physical connection, the smiles and the happiness of just seeing again face-to- face people that you have not seen in a while.” Sofia Marimba The fact that we can all get back into the Chateau and dance together in the way that we always did, that's definitely the first image that comes to mind. I loved seeing the much older vintages also dancing with us and I was like “Okay, that's a message of hope for the future.” “Fun and joy absolutely have no age. I actually took videos of our older colleagues on the dance floor jumping and dancing like they were teenagers and I basically shared those videos with friends back home and I said this is how I want to grow old.“ Sofia Marimba “Just being on the lawn and having a beer right outside there was reminiscent of those conversations that you had that were kind of impromptu and ended up going for hours.” Jeff Clay “Team work makes dream work and I think our class is best practice in that sense”

    1h 4m
  5. And finally… "You had your eat, pray, love moment." "I totally did. I won't be shy about it. I was very, very lucky."

    10/04/2023

    And finally… "You had your eat, pray, love moment." "I totally did. I won't be shy about it. I was very, very lucky."

    For me there were two options. I can be very rich and lonely 10 years down the line, or I had to change something so that I'm happy and I'm not lonely and I'm with someone that I enjoy being with. 20 YEARS IN PERSPECTIVE: I changed absolutely everything. So I was in the recruitment industry in Poland before INSEAD, and then I ended up in investment banking in Austria. The only thing I didn't change was the market, because my entire life, the theme has been emerging markets. I spent two and a half years in Vienna doing corporate finance, and then love called, and so in 2006 I moved to London. In 2008 I got a call from a head-hunter who was chasing me for a job in Kazakhstan and in April 2008 I moved to Almaty, Kazakhstan and then I moved to Russia in 2011. The end of 2012 I got downsized, it was the best thing that happened to me, because I needed to exit Moscow, I needed to exit finance. At the time I was also going through a divorce, which was “amazing”, it was a major shock to the system, took me a number of years to get over it, not in terms of the relationship, but in terms of the failure, I treated it for the longest time as something I failed at. So what I did is I bought a ticket around the world and took off for six months, the end of this was our reunion in Fonty in 2013. Where I am today is I serve on boards, I have my own small business in aroma therapy, which is a direct to consumer model, I help with my family's business, which means these days I've [also] opened a hotel. And then I do a lot of pro bono work. I got a guy who landed on my balcony in London, and so we have a seven year old son now, and I'm mostly spending time in Bulgaria. On topic: a woman in finance, overcoming adversity and life in general For a woman to decide that she doesn't like where she is and to move on is a fact of life. I did not like entering a boardroom with 22 men and two women on a regular basis. I did not like eating lunch in the MD lunchroom where I was the only woman and the guys had to talk with me out of politeness. But what they can talk to me about was Sponge Bob, they didn't know what to talk about. The biggest challenge was solving my personal life because I was 36 and getting divorced. I thought I'm 36 and starting a family, and then one day I'm 36 and getting divorced. So I went through the fear of would I be alone, I went through the fear of would I have children… There are three things in life that ruin you - one is divorce, one is losing your job, and I forget was the third one, and then you die. So I had two of those at the same time. So you are pushed. You are pushed, and this is when either you grow either or you go back to your old self, but going back to your old self, it's going to come back to bite. After the rain comes the rainbow, in the darkest hour, I need someone to just remind me, that. On all things INSEAD and giving back Why I do it, I will revert to what a lot of people in these episodes have mentioned, the word impact. And it's having an impact and working for something that's bigger than oneself. Without education, society goes down the drain. And sometimes people tell me, “Yes, but MBA is a luxury good.” And I'm like, “But you need leaders, as well.” And it's not leaders in the arrogant sense, but it's people who have the courage, people who are willing to be honest. So, if you want to change things, we need education at all levels. I keep on saying thank goodness for my healthy sense of self-confidence because otherwise some of the things people have done are like, Jesus… You've also seen them dance without their shirts on, so that's a great equalizer.

    58 min

Ratings & Reviews

5
out of 5
2 Ratings

About

The 20 Years Later MBA'03D podcast edition Welcome to the Republic of Insead podcast edition and enjoy the show. So here we are – 20 years later, hopefully all the wiser, naturally smarter and as charming as ever. There were 432 of us in the 03’D vintage and certainly there are 432 unique and very interesting personal and professional stories to tell. While I cannot physically cover all, I have tried to make a selection of stories, that will keep you interested and curious and will hopefully convince you to join us on campus for reunion. The show is here to remind everyone what an interesting and dare we say, colorful, bunch of people we are and how much we can contribute to each other, be it through ideas, knowledge or mere inspiration. The podcast is inspired by the original Republic of INSEAD yearbook, produced on paper 20 years ago by Oliver Bradley and team. Remember to book your tickets for the 20Y reunion in Fontainebleau, October 6-8 2023. Thank you for listening.

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