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Welcome to the DigitalBridges2.0 blog. Here you can keep up with everything DigitalBridges. This is an open community and we hope that as a member of our online world, you will be an active participant. Come back often and tell us what you think.


DigitalBridges2.0 is launching a new start-up, the DigitalBridges2.0 Business Boot Camp. The goal is to run a pilot session during January 2008. Ours is an ambitious undertaking, and delivering on that goal is going to be exceedingly challenging, but with the support we have received on campus, the wind is at our back. By late summer we will have created and staffed a curriculum and finalized the operational structure from whole cloth. To that end we are inviting the BRIDGES community to collaborate with us in crafting the business plan and then launching the pilot next January.

We need you to help us shape and launch a program having potential to be an incredible differentiator for Middlebury College. If you are a member of BRIDGES, please visit the DigitalBridges2.0 Business Boot Camp Development Group for the details. If you are not yet a member, and have a legitimate tie to Middlebury College, please join the community and become an active part of the process.

A Unique Opportunity

While business education and the liberal arts may complement one another in many ways, successfully integrating them into coherent curricula has been elusive at best. With its continuing commitment to a four-week January term, however, Middlebury College is perfectly positioned to finesse the oil-and-water realities of business and liberal arts curricula. An intensive, total-immersion business education program can be positioned in January, while the fall and spring terms continue focusing exclusively on the liberal arts, as we believe they should. By innovating a model that offers its students a unique opportunity for getting the best of both educational worlds, the DigitalBridges2.0 Business Boot Camp represents a powerful differentiator for College.

Middlebury’s DigitalBridges2.0 Business Boot Camp will deliver the business background and soft and hard skills that highly-motivated Middlebury College students seek but that cannot justifiably be taught within the fall/spring liberal arts curriculum. The program will grant one winter term course credit. Students (sophomores through seniors) from any major who want a leg-up as they look forward to creating or securing employment in for-profit or not-for-profit enterprises after graduation will be welcome. A portfolio of winter and summer internships available only to them will be offered to Boot Camp alumni. While staffing the Boot Camp will be academic faculty, it will rely heavily on the active involvement of alumni, parents and friends of Middlebury College.

Yes! This is needed at Midd, and the vision is unique

I think winter term is the perfect time to dig into a practical, business-focused program, rich in small group sessions, onsite visits to companies, executives in residence, case studies or projects. The context of entrepreneurship, business ethics, problem-solving and innovation sets it apart from a nuts-and-bolts business program. It sounds uniquely "Middlebury" to me.

The Digital Bridges 2.0 approach, creating and drawing on a strong network of business people among Midd parents, alumni and friends, is already proven. It's part of what would make this program special, hands-on and memorable.

Back in the Eighties, I was exactly one of those conflicted Middlebury students described by Don and Michael. I loved my liberal arts major, but was increasingly interested in my Computer Science concentration (yep, struggling through Fortran and Pascal on Digital Rainbows). And my parents certainly wanted me to be employable upon graduation! So I spent my junior year "abroad" at UVM taking electrical engineering, mechanical engineering and statistics. It served me decently at the time - - but a Digital Bridges J-term program would have been absolutely ideal.

So Michael, carry on! I'd love to help in whatever way I can.

Ways to help Michael with Midd Boot Camp

Both Dartmouth and Stanford have short term business immersion programs. I believe that it would be immensely helpful for alums and current students to look at these programs as well as look their own needs post-graduation.

Tell Michael what you believe woud have been helpful to you.

For current undergrads, think what skill sets you would like to have that is not part of the traditional liberal arts program. J-term is when teachers can experiment. Tell Michael what you are thinking. He is putting tremendous energy into this for you...give him some feedback.

Good luck Michael.....this is a great iniative.

Cheers,

rory

PS I would find a world class excel modeler who wants to ski for a couple days in winter and get them to teach at your boot camp. The building of working integrated process models or models of operating systems is a real skill which is valuable both to our future entreprenuers as well as anyone looking for any technical job (like finance).

Ways to help us reach our goals

Thank you for excellent suggestions. Contributing what Rory suggests is precisely how we will make the collaborative work and the boot camp reach its potential.

We know the Tuck program well, having been involved in it from its origination, and with Middlebury being the second largest feeder school after Dartmouth. Both it and the Stanford program focus on "hard skills," and in Tuck's case, the financial services sector in particular. These programs now accept something like a third of their applicants for each of two sessions every summer.

I am particularly excited by the "find a world class Excel modeler....." Yes! Who in the group has a suggestion... including yourself?

few thoughts here...

Glad to hear that this initiative is under discussion. The suggestion that Midd prepare students for advanced Excel modeling is a wonderful one. For the last two years, I've been working heavily with Excel in a consulting capacity. Here are a few thoughts I've compiled about how best to integrate Excel with any Middlebury Business bootcamp:

1. In my experience, Excel is best learned by being thrown 'into the deep end.' Learning Excel in a classroom or in a low-pressure situation rarely yields meaningful results. This is because classroom learning is typically proactive, and it's difficult to predict when, how, or why a specific Excel functionality will come in handy. Most of my Excel learning has come in reaction to a specific business need, where my desire to avoid an all-nighter forced me to learn one of the many useful Excel shortcuts.

2. To that end, I'd tilt the focus of the class away from teaching Excel, and instead put students in a position where they must learn to depend upon Excel. Different students may learn different features/functionalities that best cater to the specific problems they encounter.

Hope my two cents come in useful. I've used Excel in both i-banking and consulting jobs, and there is no doubt in my mind that it is the single most important skill a young professional can hold in their arsenal of abilities. I'll keep a lookout for people who may be interested in such a role if the need materializes.

Just Excel or numeracy more broadly conceived?

I agree, Bryan. Thank you for tossing some very pertinent observations into the ring. Here is one question in response: as we are targeting students drawn from the general student body – supermarket shoppers as it were – might the challenge reach beyond building Excel skill sets towards numeracy more broadly conceived?

I so often find myself dealing with truly gifted students who are incredible around qualitative analysis, but who really stumble when challenged to reason and synthesize disparate threads of ideas and argumentation using numbers and facts.

How would you suggest we go about helping such students build their comfort and skills around data-driven analysis and modeling?

In a word: frameworks

One way for students to bridge the gap between the qualitative and the quantitative is to create more 'frameworks'. I've been surprised by how much space exists in between the realms of qualitative and quantitative. And equally shocked by how few people are able to fill that space. One of my favorite managers used to make me draw, with a pencil and paper, the exact framework that I was going to perform in order to turn a qualitative recommendation into a quantitatively-proven one. Perhaps the qualitative argument was framed with a single, but carefully conceived graph. Perhaps it was about having two data tables that prove a particular relationship.

Remember that clients and consulting managers rarely look at an Excel document. They look at the single power point slide that comes out of it. One can spend 90 hours crunching numbers, but if the resulting summary table doesn't "tell the story", it's all for not.

"Excel jockeys" don't make it to the top at my company. The people who make Partner are masters when it comes to "telling the story". They spend a week meeting with client executives, figure out the problem, then come to me and say "this is the graph I want to create". If I make the graph, that's par for the course. If I turn to the Partner and say, "wouldn't it tell a better story if we studied average customer spend instead of total customer spend" -- that's how I get a great performance review.

That's the space between qualitative and quantitative, and it's a space that Middlebury students are poised to eventually fill. Maybe when you give students a case study, you can remove all the graphs that accompany it. See if they can tell you what graphs should have been there...

BINGO! Frameworks are key

My 37 years at Middlebury gives me a full appreciation of the power and correctness of Bryan's plea for frameworks. However, while Bryan correctly targets the Excel-driven story, I see his thesis having much broader application. Yes, it is all about telling the story in a credible, even intriguing manner. Indeed, in some ways -- and perhaps unfairly to some -- some people just intuitively understand how to translate even mediocre analysis into a great story, and leap ahead of their class in a course or their peers on the job.

To that end, video taping followed by de-briefing sessions will be ubiquitous during the boot camp. Bryan's value add, and it is huge, is to remind us that most of us cannot intuit the framework that bridges from the number crunching and modeling to the story teased therefrom. Students need, and will benefit greatly from, explicit guidance and hands-on exercises in building and then applying frameworks before they test their stand-up skills in front of their peers, mentors and teachers.