GSK CEO Andrew Witty and Dr Sanjay Gupta to visit London Business School

Following last year's successful healthcare conference headlining Roche Pharma CEO Bill Burns, McKinsey Healthcare lead partner Nicolaus Henke and Goldman Sachs Healthcare MD Jon Symonds, The London Business School Healthcare Club takes great pleasure in inviting you to the 2nd Annual London Business School Global Healthcare Conference to be held on the evening of 30th November 2009.

"Challenging The Status Quo" brings together some of the most influential figures in healthcare and offers a unique insight into key developments and emerging ideas in this dynamic industry.

Opening Keynote Speech – Andrew Witty CEO, GlaxoSmithKline

Closing Speech – Dr Sanjay Gupta, Chief medical correspondent for CNN & Assistant Professor of Neurosurgery at Emory University School of Medicine


Healthcare Provision in Emerging Markets
Dr Gunther Faber (CEO, Healthstore Foundation)
Maria Largey (Director of Philanthropy & Strategic Partnerships, Opportunity International)
Adrian Gut (Head of Market Development, Medtronic)
Mathieu Lamiaux (Healthcare Partner, The Boston Consulting Group)

Innovations in Healthcare
Sir William Castell (GE board member, Wellcome Trust Chairman)
Alan MacKay (Global Lead Healthcare Partner, 3i)
Dr Genghis Lloyd-Harris (Partner, Abingworth Life Sciences)

Links to the conference: http://www.londonhealthcareclub.org.uk/

Tickets: http://lbs-healthcare-conference.eventbrite.com/

Facebook: http://www.facebook.com/event.php?eid=189843708967

On being quoted in BusinessWeek….

I was quoted in BusinessWeek. Its sort of a rite of passage, methinks! Long ago, I used to read the B-school blogs and articles on BusinessWeek which got me interested in the B-school concept. Funny, that life should come full-circle this way!

Here is the link to the article. Summer Reading List: The B-School Edition: Looking for a little light reading to while away the hours? These books might be just the ticket, by Francesca Di Meglio

……Business lessons can continue long after the classroom doors are closed for the summer. That's why BusinessWeek asked professors and students at top business schools to share the five books they'd put at the top of their personal summer reading lists. Titles ranged from the classic novel to contemporary nonfiction, but when read together create an encyclopedia of leadership, just the thing to productively while away a summer as the financial crisis continues. A rundown of the most popular picks follows. For the complete list, visit "Summer 2009 Books: MBA Reading List" on the Getting In blog……….

It is 12:01 AM and I just returned home from the bank. I have to admit that even though taking the customary black Mercedes or BMW back home after late nights on the job sounds sexy, often the Jubilee Line is much faster than London traffic. This city never sleeps and its streets are not the grid that MannyHanny is - so it takes way longer driving through the London maze than the quick zip up to the Upper East/West side from mid-town or Wall Street.

IBD has been everything they promised and then some – the 14-15 hour days, the modeling, the powerpoint jockeying (although much less jockeying than I was used to in consulting), and the intern 15 (a la the freshman 15 – I need to get to the gym on the 7^th floor). I'm working in Lev Fin, rumors of whose death, as it turns out, were highly exaggerated. I finished a week of training and Deal Maven exercises, while preparing a pitch for a Private Equity firm trying to acquire a French company. And I discovered debt! Equity i.e. stock occupies a much more outsize space in the public psyche than it warrants, thanks to IPOs of yore – so much so that debt, and the beauty of its intricacies are lost in the white noise. Simply said, debt, especially high yield, mezz and leveraged debt is fantastic! And sitting on a call with a PE sponsor makes one feel small, so small. Its beautiful watching how this gargantuan belching pump called Lev Fin, sucks in debt at one end and spits out equity at the other end with a gurgling chuga-chuga-chuga! And covenants – ah covenants, so Biblical and evocative of Aaronic burnt-offerings of heifers and turtle-doves – covenants are so dynamic, and with so many moving parts. The entire picture is an exercise in pointillism, you focus on the details, but then you have to step back to enjoy the whole picture. I could go on and on!

My favorite (and arguably the most famous) pointillist painting)

Seurat's "Sunday on La Grande Jatte". See the original at the Art Institute of Chicago

Enough with the Found Art………

This oversubscribed genre of art finally earned my ire today. I was at the Frieze Art Fair, an annual event hosted by Frieze magazine in Regent's Park. It features around 150 contemporary art galleries from all over the world. The organization and variety of modern art is fantastic and I thought the installations below were cool.



But back to my original rant on the dilution of modern art by two subversive genres!

It was OK when Marcel Duchamp took a urinal, stood it on its head and called it art. And, even when Tracey Emin displayed her unmade bed with sweat and blood stained sheets (go figure!), one could say "metaphor for shock and awe", but a new generation of rag-tag, slacker, dumpster-diving artists is taking way too many liberties, and I protest! In the context of a staid art gallery a "found art" installation serves to stimulate and jar one's senses. In moderation, soggy rolls of toilet paper, bits of chicken wire, used bottle-caps and piles of used shoes juxtaposed against a clean-cut context and surrounded by a few post-modern masters is actually cool. But, for the first time today at Frieze, I was confronted en masse by the proliferation of found and trash art - aisles and aisles of it, which would make hobos feel at home.




A few messages for these artists:

• Found art is so 1998 and passe
  
• Bondage and kink have ceased to be art forms and are back in the porn genre
  
• Collage is an admirable art form, especially if you are five
• "Used Kleenex and Hypodermic Needles" is NOT a mixed medium
• Yes, we are aware that we are a post-post-modern wasteful society and materialistic consumption has left us soul-less
• And, we are generation blasé who cannot be jarred from our jaded fugue by your assortment of bodkins and candy wrappers

In short, quit your lazy art and try harder!

The other genre of art that's past its peak is "refrigerator magnet poetry art", akin to when you make stubby sentences on your fridge using a small selection of words printed on magnets. You've probably seen its artistic equivalent at a museum too - typically a large canvas washed with primary or solid colors, with random 'pop'py angst-filled words scrawled on it to form a terrible haiku-like inscription like,

"Paradoxical Rage Flagellation Yerba-Matte

Tea and Sympathy Yellow Submarine Obnoxious Ocean

Latte Kicking Screaming Gucci Little Piggy Die Corporate Bastard!"

Here is an example,

And another, which is arguably a cut-above the rest. It's an assortment of text messages that the artist had received. Enjoy!

All These Things That I’ve Done……

Having been M.I.A., I have decided to burp out a post rather than remain post-less forever.Now that I have all my appointments, classes, club and career events firmly programmed and synced between my iPhone and the school's Outlook Exchange server, at the very least, I know how in-deep I am. On a more mundane note, after successfully moving into my flat the toughest parts were finding a drying rack (since tumble dryers in this country do f*** all) and enticing British Telecom to come setup our landline so we could get internet. My flat-mates and I finally had to resort to rigging a monster human size mousetrap with a bit of cheddar outside our block of flats, to trap the BT installation engineer. It worked!

I'm visiting NYC banks at the end of October for a career trek. The rumors of the death of investment banking are highly exaggerated. Most LBS 2009 I-banking summer interns have offers in London. Hopefully they won't be rescinded – it remains to be seen. No point getting one's skivvies in a bunch. Here is my simplistic take on this - some banks were stupid, some were greed and some were plain unlucky. Like my Financial Accounting Applications Professor Oktay Urcan says (in a Turkish accent) "Unlucky camel gets eaten in desert by polar bear."

LBS classes usually start at 9ish and go till 5ish with a couple of hours in between. Then its club events, company sessions, speaker series, company visits etc. till well into the evening, which means the best time to study is still early mornings and mid- afternoons. Most evenings I'm double or triple booked and typically get done by 10PM, which is when most people head to Mumtaz for Indian or Ali Baba for late night shwarma. Friday's are typically no-class day for most streams (equivalent of cohorts).

LBS MBA Wannabees, here is some of what one can expect in the first few eight weeks of school –

• Tattoo - THIS IS HOW LBS ROCKS
  
• Two business statistics case studies that will drive you nuts
  
• Loads of introspective assignments including writing your own eulogy. Career Services and LBS Leadership curricula developers expect that these will help you become a good leader, general manager and/or help you pick the right career.
  
• Loads of assignments, pre-readings, follow-up reading and case studies for Finance, Accounting, Strategy, Corporate Ethics, Managerial Economics and General Management
  
• Loads of club kick-off meetings
  
• Two consulting case study competitions (AT Kearney and LEK/LBS), an (IPO Challenge Chicago GSB) and a couple of Venture Capital style competitions
  
• Loads of company presentations and speaker series. There was a particularly interesting talk by Jim O'Neill, Chief Economist at Goldman Sachs and the originator of the BRICs concept. His comments on what the developing world will look like in 2050 and the role India will play in it are summarized in this interesting paper.
  
• Loads of visits to companies (I visited Merrill Lynch in the City for a reception and then played a portfolio management game at Morgan Stanley's Canary Wharf offices)
  
• Preparing for career treks. LBS has one to Hong Kong, Dubai and NYC each over the next few months
  

I am currently involved with a bunch of clubs and organizations I'll post more as events occur

• Healthcare club – I'm helping with the annual conference
  
• Responsible Business Club – I'm helping arrange speaker series
  
• Finance Club – Just another member for now
  
• Black Rebel Motorcycle Club – check 'em out
  
• Tearfund – through my church, International charity focused on social justice
  
• Pratham – Organizing the annual Indo-German Business Forum in Dusseldorf, Nov 13
  

  This year's forum is being hosted by Pratham, the Indo-German Chamber of Commerce and the Indian Government. We hope to promote Indo-German commerce by educating business leaders regarding existing opportunities, by fostering insight-generation, and by providing a forum to initiate and develop business ties. The event also raises funds to support child literacy and education programmes in India. This year's forum will highlight the importance of innovation as a key driver for sustained success and growth for both indigenous and global companies operating in India, with a focus on the Lifesciences, Healthcare, Automotive and Energy sectors. Indian and German business leaders will propose ways to encourage Indo-German collaboration in order to overcome challenges posed by the economic downturn to future investments in innovation in these sectors.
  

  The event will feature several speakers and panelists including Ajay Piramal, CEO of Nicholas Piramal, Klaus Esser, Managing Partner at General Atlantic, Gautam Thapar, Chairman of Avantha Group, Nachiket Mor, Deputy MD at ICICI Bank, Amit Mehra, Managing Director at Reuters Marketlight and R. V. Shahi, Former Secretary of The Indian Ministry of Power.