Sunday, February 27, 2011

MIT, Strategy... but... is it time to look back and relfect

This week, well we handed in the MIT presentation, did the interim Strategy presentation and that was a big chunk of the team work we are supposed to do this term.  Since the PMI and Fin WAC are also completed, most of the team work that is required is completed.  OSC results were out and they were poor as expected, the exams were conducted two weeks after the other exams and that shows in the results.

The MIT presentation and to an extent the strategy presentation is about making use of the tools that we have learnt with the specific case that we have taken in perspective, having different teams working on different companies allows us to have a complete understanding of these tools, and that is part of the learning.

Let me throw in my piece, we are doing Google adwords as the choice of MIT strategy presentation, and working with it, I see that the PUV matrix wont support an Auction based pricing model, where the firm does not set the price, if someone told me this, I would not have had the level of understanding as trying to do it and failing at it.  Its also easy to get the buyer and supplier confused in the case of five forces model, as in Google, the person making the Ads is the buyer and the Publisher is the supplier from the looks of it, but what role does the surfer play, they see the ads, and certainly they are customers as well.  Very interesting in our case and in many cases.  I now appreciate a model of MBA where there is one Classroom session, one Team working session, one Case Study session and one presentation, it makes it an all round learning exercise.  Cranfield I think does a good job at this mixture, every time.  Most of the improvements that I see can be done are around the course, not in the course itself, which I think is at a level higher than what the rankings or the brand name would suggest.

We also completed a couple of important milestones in terms of the course, we have to complete the selection of electives next week (tomorrow in fact).

There are two types of electives from the credits perspective

1. Full Electives (20 Credits)
2. Half Electives (10 credits :) obviously)

Then there is a subtler way of dividing them into hard subjects and touchy feely subjects, I am choosing almost all the touchy feely subjects, as it makes you think more, and nothing is black and white, black and white stuff can be learnt from anywhere in my eyes, not the touchy feely subjects for which you need the class' perspective to have a good learning.

I think Cranfield makes the selection of electives more of a secret, which is not something I consider as correct, there is nothing to be secretive about it.  I think overall given the constraints of arranging the course, an earlier decision regarding electives helps everyone, again this is one of those things that I think needs to change around the course.

In terms of academic learning, I think we are at the half way point, given the fact that most of the electives would be taught in smaller groups and is kind of light-weight.  I have learnt a lot till now, looking forward to the future as well, but largely what I have learnt is that knowing stuff can only get you till a point, knowing how people behave is important.  This is even more true to me because I always think differently and even though it seems fashionable, being different means many times you will be terribly wrong and people will think that you are a fool :).

Most of my life (in terms of time) now is revolving around the freelancing work that me and Shiny are doing, I think this is important to keep us going after the MBA and I feel it is a nice income now too.  My business plans are also taking shape, many plans around education and schools.  I think thats the way to go, let me see how things shape up.

No comments:

Post a Comment