@Wharton Career Planning Workshop @Penn

Presented by the Wharton Alumni Club of Philadelphia with co-hosts: Wharton Alumni Relations, Wharton MBA Career Management Office and University of Pennsylvania Career Services Office

Wharton Career Planning Workshop
Saturday, September 20, 2014
Huntsman Hall – University of Pennsylvania Campus
Philadelphia, PA
8 am to 2 pm

Sessions include:

• Individual Profiles – Organizations Recognizing “Fit” Critical for Organizational Success
• Job Search Portfolio - Develop Targeted Resumes and Cover Letters
• Building Your Own Board of Directors – Panel Discussion
• How to Successfully Sell Your Most Important Product – YOU!
• Networking for Job Search & Career Success
• The Role of Social Media
• Wharton Career Resource Overview

This event is open to Wharton Alumni and Penn Alumni and Guests or Non- Wharton/Penn Alumni.
Learn more and register here.

15th Annual Angel Venture Fair

The 15th Annual Angel Venture Fair, which is the largest gathering of angel investors and entrepreneurs in the Mid-Atlantic Region, will take place Tuesday, April 30 from 7:30 a.m. to 4 p.m. at Houston Hall at the University of Pennsylvania.

Investors will meet 35 entrepreneurs vetted by over 80 judges across all industries. This year we will be hosting Jeff Bussgang, general partner at Flybridge Capital Partners and author of "Mastering the VC Game".

The following are links to for entrepreneurs and investors:
Entrepreneur Applications
Purchase Tickets

Penn Medicine Academy Emerging Leaders Program

Penn Medicine Academy's Emerging Leaders Program identifies managers and supervisors who exhibit strong performance and potential and provides them with information and learning opportunities to enhance their leadership skills and prepare them for broader leadership roles within Penn Medicine.

The year-long program selects Emerging Leaders through Penn Medicine’s Talent Dialogues. Currently, 58 Emerging Leaders from across Penn Medicine are participating in the program.

The Emerging Leadership curriculum combines a unique format of bi-monthly, half-day classroom courses to transfer specific knowledge and leadership skills with monthly virtual discussions. The small cohort groups of six to eight participants explore the practical application of leadership principles to each participant’s unique work challenges. A business case for discussion supplements the virtual cohort sessions. Carefully selected leadership readings provide additional material for cohort discussions.

Learn more about the Penn Medicine Academy's Emerging Leaders Program here.

Annual Wharton Healthcare Alumni Conference

Join Wharton Healthcare MBA for an all-day event with great topics and numerous national healthcare leaders confirmed as speakers. This event is open to all Wharton Club of Philadelphia Members. You don't have to be a Wharton alumni to join the Wharton Club of Philadelphia.

Date: Saturday, October 22, 2011
Time: 8:15am – 6:00pm
"At the intersection of policy, implementation, and innovation in the healthcare industry"
Jon M. Huntsman Hall

Cost: $125.00 for Wharton Club of Philadelphia Members until September 15th.
After September 15, prices increase to $150.00 for Wharton Club of Philadelphia Members.

Learn more here.

17th Annual Wharton Health Care Business Conference

The annual Wharton Health Care Business Conference is a leading health care business forum for industry professionals, academics, and students. The two-day event typically attracts over 700 attendees from across the nation, and features distinguished speakers, dynamic panel discussions, special events, and various networking opportunities.

This year's conference, entitled Leadership in an Evolving Global Market, will explore the continuing evolution of health care and the leadership needed in both domestic and international markets.

Learn more about the 17th Annual Wharton Health Care Business Conference here.

Wharton Executive Education Health Care Programs

Wharton offers 3 unique executive education programs through it "Industry Associations: Health Care Programs"

* Wharton/DePuy The Surgeon Executive: Strategic Management for the High-Performing Practice
* Wharton/Windhover Program for Pharmaceutical and Biotech Executives
* Wharton Nursing Leaders Program

Here's more information about each program:

Wharton/DePuy The Surgeon Executive: Strategic Management for the High-Performing Practice:

This three-day workshop is designed for orthopedic surgeons, neurosurgeons, IR/INR or sports medicine physicians in private practice who want a better understanding of current issues in managing a surgical practice. This program will help you to focus on developing business management skills related to such issues as:

* Strategy Under Uncertainty
* Value Creation: Relationship Between Finance and Strategy
* Foundations in Finance
* Marketing Strategy: Segmentation and Positioning
* Capital Budgeting: Leasing vs. Buying
* Developing a Marketing Plan

Wharton/Windhover Program for Pharmaceutical and Biotech Executives:

The Wharton/Windhover Program gives current and future industry leaders insight into the changes and challenges of each key area of the business. Taught by CEOs, top researchers and drug developers, senior marketing executives, policy and pricing experts, industry deal-makers, and Wharton faculty, the course will give you broad perspectives and practical tools. Faculty discuss the management implications of the new techniques of drug discovery, marketing and pricing in the current environment, financial evaluation and deals, and mergers and alliances.

MBA application essays

I've been speaking with many people who are seriously considering business school (B-school). I'm one of them. I've been researching some of the options in my area and I'm exploring various options based on my current status in life. I've been attending information sessions, listening to podcasts and business-related content on iTunes U, and networking with current students and alumni from local B-schools.

Over the past few days, I've been thinking about the essays that need to be written for B-school applications. Here are some essay question examples from a single application:

• What is your career objective and what do you see as the next steps needed to achieve it?
• How will this MBA Program for Executives contribute to your attainment of these objectives?
• Why is this the right time for you to undertake this program?

• Describe the most significant way, either in or out of your job, that you have demonstrated leadership.
• In one of your MBA courses, you are given a case assignment to be completed in a study group comprised of six students. What is the most significant strength you would bring to the group process?
• As 'The Ethicist' in the New York Sunday Times Magazine often demonstrates, many ethical dilemmas are fairly complex with gray areas making the decision path a challenging one. Give an example of one such dilemma and how you handled it.
• While many factors (i.e. your academic background, the part of the semester you’re in) can influence the amount of time dedicated to the program, students have estimated that it’s approximately 20 hours/week. Given your already demanding job and the desire to remain committed to important family and personal obligations, how do you plan to handle this additional demand on you? (500 word limit)

How would you answer these?

If you're in the habit of blogging, then you may come up with answers very quickly. If you're in the habit of reading business journals and talking with business executives, then you may also have some good answers under your belt. However, if you're a typical physician and you've been in clinical practice for many years, then you may find yourself struggling to answer some of these questions unless you've been thinking about a non-clinical career transition for some time now.

New Business of Medicine CME Series

No one likes to talk about the "business of medicine." After all, who wants to admit that patient care is a business?

Well, there's a new certified CME (continuing medical education) series that's jointly sponsored by Sermo and the University of Pennsylvania. In the world of CME, the word "sponsored" does not mean that they are financially supporting the activity. This CME series is supported by an educational grant from sanofi-aventis (yes, a pharma company supported this CME series on the business of medicine).

The first module is titled, "The Cash Only Practice: Reinventing an Old Practice Model."

The New Business of Medicine Series is an entire curriculum of CME-certified education in the area practice management. Stemming from identified gaps in practice management and related educational needs, the modules focus on how to improve practice with the ultimate goal of improving the delivery of care to patients. Interactive multimedia formats such as in-depth interviews, case studies and debates will be employed to bring this content into focus. Originally developed content from a multidisciplinary team of expert faculty -- physician practitioners and researchers with expertise in such areas as practice management, bioethics, billing and compliance is combined with data from actual practice experience to produce this unique curriculum.

Some of the resources you'll see listed on this CME site include:

• Ideal Medical Practices
• Society for Innovative Medical Practice Design (SIMPD)
  
• Physicians’ Foundation Survey (2008)

Before you consider a transition out of clinical medicine into the non-clinical side of health care, you may want to consider some alternative models of clinical practice. I encourage you to join Sermo so that you can view the discussions related to the topic of the business of medicine, concierge medicine, boutique medicine, and more.

Top Business Schools According to Forbes

According to the August 24, 2009 issue of Forbes Magazine, the top 10 business schools are:

1. Stanford
2. Dartmouth (Tuck)
3. Harvard
4. Chicago (Booth)
5. Pennsylvania (Wharton)
6. Columbia
7. Cornell (Johnson)
8. Northwestern (Kellogg)
9. Virginia (Darden)
10. Yale

They list 50 schools but I'm not going to include the entire list. GMAT scores for the top schoools are typically in the 700's. So are you thinking about B-School? Vave you taken your GMATs? Some business schools will actually allow you to waive the GMAT if you have a terminal or doctorate degree. Sounds nice, doesn't it? If you're a physician, you've probably taken enough standardized tests. I don't think you'll miss the GMAT if you can manage to avoid it.

Non-Clinical Medical Careers in Politics

Do you think that it's a good time to get into healthcare politics? So many healthcare issues are being discussed in Washington right now. If you're passionate about politics, maybe you'd be interested in investing in some formal education.

The Graduate School of Political Management (GSPM) at the George Washington University offers a Master of Professional Studies in Political Management. The George Washington University's programs are co-developed by university content specialists and outside partners, including government agencies, professional associations, consulting organizations, business and industry leaders.

Students networked with respected fellow professionals across the nation including:

• Public Policy Project Managers
• Government Department Managers
• Disability Advocacy Consultants
• Directors for R&D campaign planning

My favorite FAQ about this program is: "How do the GSPM's political programs differ from political science or public policy programs?" Here's the answer:

The School's curriculum focuses on applied or practical politics, not on theory-building. Public policy or public administration programs focus upon decision-making integral to the machinery of government, notably executive branch agencies. In contrast, students of political management concentrate upon the political processes that influence those agencies from outside the formal apparatus of government, through such activities as lobbying or elections. Our faculty are experienced political professionals: our full-time professors have extensive political experience, and our adjunct faculty are professionals working at the top level in the field.

Social networking is so important in the corporate world and even more critical in the world of politics. Maybe you can get a head start through this program. I don't have a love for politics, so I'm not interested, but perhaps you may want to learn more. Visit: http://www.gspmonline.com/

Of course, you could also pursue one of these degrees:

• Master of Health Administration (MHA)
• Master of Health Care Administration (MHA)
• Master of Health Services Administration (MHSA)
• Master of Public Health (MPH)
  
• Master of Business Administration (MBA) in Health Care

Of course, you could always consider these options:

• Master of Public Administration in Health Policy and Management (MPA) - I suggest NYU Wagner
  
• Master of Science in Health Policy Research (MSHP) - I suggest the University of Pennsylvania
  
• Master of Science in Health Services Research - I suggest Stanford
  
• Master of Science in Health Policy and Management - I suggest Harvard
  
• Master of Science in Health Care Management - I suggest Harvard
  

If you want to cover it all:

• Master of Science in Health Services Research, Policy and Administration (MS-HSRP&A) - you can get this degree at the University of Minnesota