1/15/2007
Classic Startup Mistakes
12/27/2006
The President's Putter
The President’s Putter Rye – isn’t that where they play the President’s Putter? Yes it is, since 1920 in fact. The Oxford & Cambridge Golfing Society, founded 22 years earlier for ex-participants in the golf match between the two universities, decided in addition to fixtures against various clubs to hold an annual meeting at Rye in early January. The format of the main event is scratch match play, the basis of university golf, and currently attracts a field of about 160. Thus the winner must survive seven or even eight rounds over four days, frequently in adverse weather, without undue delay since at that time of the year play is only possible between 8.00 am. and 4.30 pm. But herein lies the genius of the instigators, for the length of the evenings provides ample opportunity for sociable reunion, if not an obstacle course for those aspiring to success on the following day. Nearly everyone stays in or around the ancient Cinque Port of Rye, where amid its cobbled streets a myriad of inns and restaurants contributes to the congeniality. Players range in age from 20 to 70, some playing regularly – David Hayes the 2006 winner with a handicap of plus two – others barely picking up a club from one year to the next as work and family commitments intervene. Nevertheless the Old Course at Rye can be a great leveller and with the greens at their slickest and best in winter, never truer was the adage that ‘the man who can putt is a match for anyone’. Serious fun is the theme, exemplified by the presentation of a silver medal to the winner in exchange for the victorious ball. On the back of the medal are inscribed the Latin words ‘Primus inter pares’, which are freely translated by everyone else as ‘he was lucky to win’.
12/23/2006
FT article on Said Business School (Oxford)
10/18/2006
WeThink
The basic argument is very simple. Most creativity is collaborative. It combines different views, disciplines and insights in new ways. The opportunities for creative collaboration are expanding the whole time. The number of people who could be participants in these creative conversations is going up largely thanks to the communications technologies that now give voice to many more people and make it easier for them to connect. As a result we are developing new ways to be innovative and creative at mass scale. We can be organised without having an organisation. People can combine their ideas and skills without a hierarchy to coordinate their activities. Many of the ingredients of these forms of self-organised creative collaboration are not new - peer review for example has been around a long time in academia. But what is striking about Wikipedia, Linux, Second Life, Youtube and many more is the way they take familiar ingredients and combine them to allow people to collaborate creatively at mass scale.The rest is here: http://www.wethinkthebook.net
Charles Leadbeater is one the world's leading authorities on innovation and creativity in organisations. He has advised companies, cities and governments around the world on innovation strategy and drawn on that experience in writing his latest book We-think: why mass creativity is the next big thing, which charts the rise of mass, participative approaches to innovation from science and open source software, to computer games and political campaigning.
9/10/2006
Oxford MBA Graduation
| Kelly created a short video with images from the last week at Oxford. Hear Graeme Glover sing at the graduation ceremony and view pictures from the Turf Tavern, Sheldonian Theatre, and the Examination building. You can also see a few more pictures at www.mcfaddenplace.com (click on graduation link) | |
9/09/2006
Off to the Sheldonian
9/04/2006
Nigerian Report on Team Oxford
Glitt Personality They are four MBA students from the prestigious Oxford University. A Chinese lady, Lijun Jiang; Michael J Mcfadden and Jayne Thorpe, both from the US; and from the home turf, Timothy Ojo. And what is the quartet's mission to Nigeria? They are on an eight-week Oxford/Access Scheme with particular focus on leveraging the strategy and service delivery content of retail banking. While imparting ideas on brand strategy, service delivery standards and knowledge retail banking to Access Bank Plc., they are expected to take back home something of the work ethic, business philosophy, culture, socio-economic milieu and even political peculiarities of both Access Bank Plc and Nigeria. The scenario is expected to enrich the cross-Atlantic knowledge bank. Incidentally, this is the first such project between Access and Oxford. Actually, the first with any bank in Nigeria. Beyond this, it is also the first such project from the MBA class in Oxford to come to Nigeria. Obviously this scenario surely transcends retail banking. But then in knowledge acquisition projects, apparently setting too stringent boundaries may defeat the fundamental attraction of the quest. Shaka Momodu encountered the four knowlegde 'explorers' to glean something of their quest within the larger context of Access Bank's courting of the sector's knowledge edge to move them to the next level... Lijun Jiang We open with the the Chinese lady Lijun Jiang, bowing to the old English tradition of 'ladies first'. What the ancient Chinese culture, which predates the English, has to say on this is a matter for another expose. She comes across as a very focused personality. She speaks politely but with the alluring unmistakeable lilt of her Chinese tongue. Who is Lijun Jiang? "My name is Lijun Jiang. I come from China and I have worked with China commercial bank for more than 16 years. I graduated from Beijing University, which is one of the best Universities in China. I studied English Literature and Language for my undergraduate degree. I have spent 12 years working in the Foreign Exchange section of the bank and four years as a branch manager, I was also in charge of Marketing and Operations. I also worked as the General Manager of Commercial and Financial Department." Why is Jiang on this Oxford/Access scheme? She smiled, looking somewhat amused "We are very fortunate that Access Bank could offer us this precious opportunity to be part of this wonderful project in Africa. And one of the reasons that I am also interested in it is the fact it has afforded me opportunity to come Africa. Another reason is that I think that I can contribute to the Retail Business in Access Bank." Has Jiang learnt anything in the past seven weeks she's been in Nigeria, especially concerning Access Bank? She took a deep breath, then paused. "This bank is young but very forward thinking especially its top management. They are set to lift this bank to the world class commercial - retail bank. The technology level is quit high, they have made a lot of investments in the technology which is one of the most advanced in the world, to increase their competencies. "This is quite impressive, but in terms of Retail banking I think it is not just only Access Bank, all the other Nigerian banks are at the starting point, compared to China. We would help them develop strategies to their brands, especially retail brand, we also tried to develop a blueprint for Retail banking which I think it is one of the most important issues that the bank has to confront." Jiang seems to place a lot of emphases on retail banking. Is that her area of specialization in China? "That is what we are going to contribute, they asked us to do that Access Bank used to be very strong in proper banking and commercial banking, they have strong potentials to grow and they are quite passionate the future of the bank. And am impressed. Nigerian people we decent, they love new things, they people want to do business with the bank. I see great potentials here." The passion was clearly unmistakable, and the temptation to probe her further was irresistable. "I can come back in the future to develop matual business between Access bank and China bank, for now, I have to go back to my bank because I was sponsored by them, it is quite interesting because China bank is also undergoing very rapid growth and we must exchange ideas and experience. I would encourage my bank to her into a relationship with Access bank." Impressed by her sharp understanding it was naturally interesting to find out what she learnt about the bank, the people and culture. "We visited some cultural sites and we watched some events. We have made a lot of contacts with the Nigerian people and some are good in persons, such as the bank's staff here. They are quite dedicated to their work, they have the strong ambition to make their bank the leading bank here but generally the living condition here especially the infrastructure, are quite backward compare even with China. They still have a long way to improve the whole country, investments environment and the peoples living standards. They must try to solve the problems of poverty and the health issues because a member of our team is down with a very serious high malaria." Michael J. Mcfadden He flaunts the usual American confidence. And with good reason. He has the professional track record and wherewithal to back it up. Who is Mcfadden? "My name is Michael J Mcfadden, a student at the University of Oxford, studying business for MBA. I am originally from the United States, from California, working for the food manufacturer, Head of New Products and Marketing. I came over to Oxford for my MBA to round off my marketing experience in finance and entrepreneural skills. I chose Access bank to come and work in Lagos, Nigeria for a few reasons. One of those reasons I wanted to come and work with Access bank is that it is a growing company that has ernomous potentials operating in a highly competitive banking industry. The opportunity to come in and make impact over the weeks and to work with such a vibrant team are irresistible." Did he chose Access Bank on his own? And before now did he know about Access bank? "We chose Access on our own. Basically there are 50 projects which students go and work in different countries of the world. Some go for IBM in New Zealand, in India, working for government areas. Our perception and views on Access bank to become a world class bank. "Throughout the year before I came here I have been aware of Access Bank. I came from the United States I was performing entrepreneur tasks at Oxford, England, getting to know more about the industry. We have six Nigerians on the project, so I was able to learn quite a bit about Nigeria and I got to come over here. So, I am here to learn and I am in the middle of the seventh week, I am spending eight weeks." According McFadden, choosing Nigeria was influenced by couple of reasons. "One, I guess there is a lot of options to coming into West Africa. Why did I decide to come to Nigeria? A country that has so much potentials and is moving in a very clear and delicate situation. Over the next five years it is going to be ten times greater, so to be here in the midst of that and to be a part and hopefully contributing to that moving forward was quite an honour." In his perception, what exactly does this programme aim to achieve? He wasted no time articulating the objectives of their mission. "We had a couple of objectives in coming down here, one is to help establish the Retails brand of Access bank so as Access is strong in commercial and corporate bank but it can also position itself in the marketplace as a retail bank. We are doing that to help bring marketing and consumer skills into the banking and into the group. They have a strong team there to help bring certain knowledge and we have certain experiences. "The second aspect of our objective was to bring in some service delivery standard not only in the retail but in the bank as a whole. We have been doing that with several other sectors within Nigeria. You see what Virgin Nigeria has accomplished within their short stay here. One of the members of our team Lijan is from China and has spent 16 years working for a bank there. So, there is a lot of experience to kind of transfer down here." What is his assessment of the bank so far? Listen to him. "On a personal standpoint, I have being very impressed with the professionalism, the attention to details, and the vision of the team of managers for the bank. We didn't actually appreciate what we were stepping into and so as we have spent 7 weeks and we have seen the DNA of the company. It has been fascinating to see the diligence, the hardworking culture, which is a culture thing within Access bank. There is hardwork and determination among the workers, we have been quite impressed at all levels. I am impressed with the Aig, the Managing Director, am impressed with all levels within the number of branches." What has he seen so far that is different from what he is learning in Oxford and where he comes from? "In the UK, their service is poor in retail banking. So, to come here and know that there is a striving for improved standard, striving to be world class is an thing amazement to me. There are still a number of parts that need to move and work together but I would that say that of the banking industry as a whole, especially, the consolidation of the past year which is still young. But it has made a huge start that would eventually lead it to a world-class company, comparable to any other in the world." How would what he has learnt here benefit the Business School in Oxford ? "I will tell you one thing that I will be taking away is seeing how running a business within a country whose political situation is where it is, coming up in an election year it is fragile. It has made a huge step forward but now we are coming into another part to see how a strong bank like Access is moving in a certain direction. On top of that, in such a competitive industry you can read case studies, you can look at the way businesses function in the UK, in Europe, in the US but to be in the middle of a Ground Zero is fascinating." What is he taking away from Access Bank? "One thing that I would take away for sure is the work ethics, there were days that I left the office at 11.00pm and I was not the last person to leave. Every day, I would get up at 6.00 a.m and you find people already working in the office. The workers there work extremely hard, I would take that away for sure. "The other thing that I would take away is the youthful spirit, the energy, the excitement are the other things that I would take away from Access Bank. Then the pride in an healthy way, the people at Access Bank are proud to be there, you don't necessary see that in every business across the world." If Access Bank offers him the opportunity to work with them, would he accept? "I would consider it, I brought my wife here for the first four weeks that I was here. She back home now in California, I would give it a big consideration." Did he make friends? Mcfadden answeres in the affirmative. Is this the first partnership work between Access Bank and Oxford University? "This is the first project between Access and Oxford and it is the first with any bank in Nigeria, this is the first project from the MBA class in Oxford to come to Nigeria. There have been few projects in South Africa, in Egypt, in Morocco, but this is the first project with any bank. We hope that the relationship continues, we have improved. We have learnt immensely." Lastly, would he consider settling in Nigeria and if not what would he take away from Nigeria as a whole? "I don't know if we would permanently stay over a long time because of our families, maybe when we have a direct flight to LA, but it would be wonderful for both countries if we could restore direct flights. I will be leaving on Friday, August 25. I would take away the laughter, the smiles in the country are quite inspiring, I would take those things away. And interestingly, you could shop in the traffic, just anything. It is amazing." Jayne Thorpe She is the second American in the Oxford quartet. A lively fellow in all the senses who brings some precision to her talks. Hear her: "My name is Jayne Thorpe and I am from North Carolina in the United States, I am from a family of five children where everyone else is a doctor but I am the Black sheep, I am an Accountant. I decided to go to Business School because I wanted to get more of finance. I decided on Oxford Business School because I wanted to do a one year programme and of course I wanted the international experience." Why did she choose to come to Nigeria? "I had this thing in my head that I want to go to Africa and so when the offer came I saw it as an opportunity that would be just perfect. What we here to do but wasn't my strength which is marketing but it involves Retail Banking. We had a very well rounded team." Why not South Africa and what has she learnt from this programme? "I wanted to spend the entire period in Africa so that I can get a grip of it, the other reason is that I came to introduce a project which has been very well received. I think that we came down here with a different perspective on what we are going to be able to achieve and what we have achieved. I think we have achieved a lot more than we thought we are going to achieve as far as helping to develop a retail banking is concerned. We helped develop new products including products that would hopefully be launched very soon and the ones that would be launched next year. "We also helped developed financing models by making sure that the products are profitable or what actually is the goal of a particular product. If your new product is customer acquisition then we are not going to think of making some profits. Another thing about the bank is it quality service management and we are excited about what we have been able to do here." What is his assessement of the bank itself? Right now I feel very, very good. Their marketing skill is phenomenonal and their energy is incredible with everyone working so late in the night yet they will be at their desks by 7.00am the next day. I feel very inspired, I see the people as the member resource that the bank has." Tell me, if the opportunity to work for Access Bank presents itself, would she accept it? She laughs: "May be in the future, near future. I intend to come back to Africa." What has she learnt about Nigeria within the short period of stay? "They are very business-minded and sociable. I visited an orphanage here in order to see the real Africa not just looking at it from inside of a bank. Corporate responsibility make institutions leaders in their sectors and there is much more to be done to uplift the society." Can she make a bit of comparison between working for a bank in Nigeria and the United States? "I have worked with a retail bank before doing some other work but they did not work this hard. Banking in Nigeria, keeps bankers on their toes 24 hours a day. In New York city people work so hard, Access Bank would be a fine comparison to that. I have worked in Chicago, generally, Americans are hardworking people. But I have learnt here that Nigerians are just as hardworking. I really appreciate that." What is she taking away from Access Bank? "What I learnt was the way to work at strategy. And it is great." Timothy Ojo The fourth member of the visiting Oxford MBA class is Mr. Timothy Ojo. He holds a Bachelor's Degree in Economics from the Obafemi Awolowo University Ife, He has over 8 years professional banking experience in between Nigeria and the UK during which he has garnered relevant experience across key banking functions which includes business development, product development, relationship management and core banking operations. Prior to his MBA programme at the prestigious Oxford University, He worked with the Small Business division of the retail-banking arm of Barclays, where he was substantially involved in client relationship management. While at Barclays, Timothy was involved in the re-design of one of the banks leading business products and prior to that helped set-up the Wealth Management unit at Skabol Finance and Investment Management Ltd. He has worked with a couple of Nigerian Banks amongst which include EcoBank Nigeria, Fidelity Bank and Equitorial Trust Bank. He currently led a team of 4 Oxford University students to Access Bank Plc on a Strategic Consulting Project as part of the assessment for the MBA programme and building partnerships across international borders. Timothy is a recipient of the University of Oxford's SBS Scholarship Award.
7/02/2006
Our bags are packed
Jerry Gibson in Oxford
On Saturday, two days before Kelly and I left for Nigeria, a friend, mentor, and wise 'old fossil' visited Oxford. Jerry was in London with his wife, Normadeane, his daughter Becky and her family.
To the left you can see Jerry and I walking down the path from the canel to Christ Church. We had a wonderful time. It was truly a blessing to see him before our departure.
6/09/2006
The thoroughly modern moustache?
NEW YORK (AFP) - "I think it's sexy," Donald Bradford, 26, says of the bushy growth that has adorned his upper lip for the past two months.
Largely shunned since the 1980s, moustaches are enjoying something of a renaissance among young New Yorkers, following a comeback trail blazed by such hip role models as actor Nicholas Cage and the ultra-trendy fashion photographer Terry Richardson.
"It's just cool, right?, and it's fun," said Bradford, a tall man with blonde highlights in his hair to match his silver jacket.
Jay Della Vale verges on the evangelical in his praise of the moustache's attributes which, according to the 26-year-old DJ, include intimations of virility, a relaxed style and a healthy sense of humor.
"You walk differently. You're more laid back. You dress differently," Della Vale said. "We're on a mission to bring it back."
Della Vale's devotion to facial hair prompted him to make a documentary "The Glorious Moustache Challenge" in which he persuaded 30 men to grow moustaches for a month to see what difference it made in their lives and the reactions of those around them.
"For the first month, everybody is against it, especially the women," he said. "They say, 'Please don't do that, you remind me of my father ... or a 70s porn star'."
According to Della Vale, most of his moustachioed guinea pigs weathered the
early critical storm and actually became quite fond of their new accessory.
Love of "the stache" was taken for granted at the recent New York City Beard and Moustache Championships, which saw hundreds of hirsute aficionados turn out to root for their favourite styles.
Iconic images of movie stars and characters who championed the moustache -- Clark Gable, Sean Connery, Inspector Clouseau, Marlon Brando in "The Godfather" -- were projected onto a giant screen to appreciative applause.
But the real adulation was reserved for a photo of the contestants' main hero, Tom Selleck, who brought stache-style to the masses in the early 1980s with the television cop series "Magnum."
But not long after those heady days, the moustache's fortunes took a dive in the popularity stakes -- it's fall from grace best summed up by the makeover forced on the "Brawny Man."
A brand icon whose lumberjack shirt and heavy moustache had promoted Brawny kitchen towels for decades, the Brawny Man was replaced in 2003 by
a clean-shaven hunk who was seen as more in tune with the times.
For all the efforts of Della Vale and his cohorts, bringing back the old style is proving a tough sell to the average man in the street.
"I feel less confident, more insecure," said Graham Veysey, 24, who grew his moustache and entered the New York contest in a response to a dare from his friends.
"It's just not me," Veysey said. "I didn't understand how much it would dominate the conversation. It's like 25 times a day!"
New York-based French fashion designer Thomas Vasseur finds his moustache -- complemented with prominent sideburns -- serves as an open invitation to comment from just about everybody.
"For some of my friends, it suggests I'm looking for a new identity," said Vasseur, 32.
"My mother tells me I remind her of my father who she divorced 25 years ago, my nephews tell me it scratches, and then there are also those, happily, who say that it suits me," he added.
No matter what the reaction, Vasseur insists he has no intention of taking a razor to his upper lip.
"It's a male accessory, just like highlights or make-up for women," said Vasseur. "I would feel naked without it."
As for the future, zealots like Della Vale optimistically predict an "epidemic" of moustaches spreading across the country, while other fashion arbiters are more cautious.
"It's almost like a tongue-in-cheek kind of style," said James Bassil, editor-in-chief of the male lifestyle website, AskMen.com.
"The general impression that women have of moustaches is either they love them or they are absolutely repulsed by them, and there's no real middle ground," Bassil said.
"And there needs to be a middle ground for a fashion or a facial hair trend to be adopted en masse permanently," he added.
by Catherine Hours
Thu Jun 8, 1:26 PM ET
5/15/2006
Oxford Blues Golf Picture: Bufty Style
5/03/2006
Trinity Term Quotes
"Time in business is risk" -Guy Hands, Founder and CEO, Terra Firma "Buy well, sell well, and don't screw it up in the middle" - Chris Woodhouse, CFO Debenhams, on working for private equity backed companies "What can go right? What can go wrong? What can be done to increase the probablity of it going right or reduce the probability of it going wrong?" -Questions to ask during an entrepreneurial venture "People who solve problems must somehow first arrive at the belief that they can solve problems." -How to Change The World, a social entrepreneurial book "Wisdom is supreme, therefore get wisdom. Though it cost all you have, get understanding." -Proverbs 4:7 "Do you do what you're best at every day?" "Be ruthless in selecting companies to work for. Be ruthless in selecting the right people to come work for you." (and expect the same)
4/22/2006
New page on the website
3/07/2006
Another Cool Moment...
We found out last week that Mike was selected by his class to speak at the farewell dinner in September for the Oxford MBA class of 2006. This is a really neat honor as Mike was nominated and then voted by his classmates to be their representative at this special event. Jessica Shortall, a good friend of ours, was also asked to share. I am really excited for both of them and know they will do a great job!
On a different note, Mike is busy preparing for finals and the varsity Match against Cambridge coming up in a few weeks. Joining us at Muirfield will be Joe Goebel - friend from Cali, Dave Runyon - a man that needs no introduction, and many other friends from SBS. After the tournament Mike will play a few more rounds with Dave and the guys and I have the opportunity to be at the Skoll World Forum in Oxford that week. I am really looking forward to this event as social entrepreneurs from all over the world will gather to listen to incredible speakers. It is quite an opportunity.
More soon, Kelly M Picture above from Mike's Matriculation in October
2/24/2006
This Just In: Mike's a Blue!
Mike has been selected as a team member for the Varsity Golf Match against Cambridge in March.
“What does this mean?” you ask. I will tell you. For hundreds of years Oxford and Cambridge have been competing against each other in a variety of sports. This match is called the Varsity Match. This is the only match where a student of Oxford can obtain the highly coveted BLUE. With it comes honor, prestige and a very cool blue jacket. J Mike will be fitted today. And yes, I will post a picture of him in it soon.
This years match will be held in Muirfield http://www.muirfield.org.uk/ one of the most well known golf courses in the world. If you happen to be in Scotland around the 24th of match please let us know.
I am super excited for Mike and very proud of him. I am amazed at how he manages to do so much and do it all so well (cue sappy music). Sorry, had to take a proud wife moment.
Kelly Mc



Truly a beautiful city. Rich in history and tradition, this city was inspiring. You can see this picture taken from the castle above Princess Street. The town was so peaceful the morning of Dec 31 only to be transformed into a giant celebration that evening. 
