Showing posts from 2012

10 Truths I learnt at my B School

Here are some of the truths I learnt the hard way...some of them nothing specific to B School life; somethings - may be because I acted so naive in some situations! Networking is not all about Hi and ByeThere is not such thing as free lunchThe world is competitive; you cannot escape from it!Watch out for opportunities; once missed; they are missed forever!MBA doesn't make you the senior executive you dreamt of overnightB School is really hyped sometimes :)B School is where you have all the licenses for inventing terms and jargons even for common sense :) A bluffer who can talk well will be lauded and the one with substance will be ignored if you are keeping it to yourselfCarrot and Stick approach works well even in IIMsThere can be utterly mediocre Professors even in the so called best B Schools in the world!

Interesting quotes from classrooms - II

This is a continuation of some of the quotes I wrote down from classrooms. For the first part, see

Interesting quotes from classrooms - I

Consumer Behavior Professor: "One need to know what is inside the box before thinking out of the box!"

Consumer Behavior Professor:Now the new buzzword is moving up the value can you move up every second? It will get broken !(not recalling exact words....)

Consumer Behavior Professor: "vision is there, mission is there, but eyesight is missing"

Economics Professor: SOAPS will continue as long as women have tears in their eyes ! 

Consumer Behavior Professor:at least learn it like a science, u will apply it as an art... if u think its an art... u will be applying as a fine art !!

OB Professor:Even an Aishwarya  Rai cannot make an Abhishek into Amitabh!

OB Professor: Organizations should not be where intellectual Gullivers locked up by bureaucratic Lilliputs! 

OB Professor: In India, we worship potholes; they are there a…

Mojo by Marshall Goldsmith book summary

Mojo is a self-help book for leaders and individuals for leading an effective and successful personal and professional life. In this book, Marshall Goldsmith deals in detail with Mojo – a positive engagement, a feeling of happiness that radiates from within and spreads outwards; how to develop it, how to manage it and if one is not presently having it or lost it – how to get it? The author opines that Mojo is not something that comes out naturally; we need to work towards developing it. The opposite of Mojo is Nojo – with no joy, negativity or cynicism. 

In an effort to start creating the Mojo, Marshall advises to analyze our daily activities from two perspectives – how meaningful they are in terms of purpose in life and future; and how happy you feel while doing those activities – are they draining energy or radiating energy? Marshall provides in the book and spend significant amount of reading in a Mojo Scorecard which helps us find how much mojo we presently have. There are two k…

The Penultimate Quarter

Should I be happy that my MBA is coming to and end or should I be sad that the journey will come to an end?
Well, it is a mixed reaction. I could have completed the course this quarter; but I decided to stretch it officially to next quarter too. Sometimes I feel, why this is never ending and sometimes I tend to think will this continue for ever. The latter thought deepens when I see some of my seniors still coming back to meet Profs, attend events or simply because of withdrawal symptoms :) To be honest the second year was not that eventful and enthusiastic as the first year; however I guess the remaining days in IIMB will be more thrilling :)
There have some significant changes and happenings at school - new Chair Person, change in admission pattern, yet another batch coming in and our batch slowly passing on the baton to the junior batch! This quarter I took three subjects - two in HR and the third in Marketing. The interesting part this time around is that there are no text books per…

Book Review : Services Marketing by Valarie Zeithaml, Mary Jo Bitner, Dwayne Gremler

Services Marketing by Valarie Zeithaml, Mary Jo Bitner, and Dwayne Gremler was the prescribed textbook for my elective course on Service Marketing and Management.
My firs opinion is the name is a misnomer - it should have been called Service Management. The book talk entirely from the perspective of managing services. After reading the textbook and going to 30 hours of lectures, I can safely say that Managing and Marketing of Services cannot be separated and there is no such thing as 'Marketing' tailor-made for 'Services'.
The text book gives a comprehensive note on the Gaps Model and the book is entirely written based on it as the authors were the original conceptualize-rs of the model.
The examples and case studies provided in the text book are useful and very practical ones. The feature 'Strategy Insight' provides good tips and information on how the discussed can be put into use and also how we can build on the concepts to achieve better results.
The chapter on…

Book Review : Strategic Market Management by David A Aaker

Strategic Market Management by David A Aaker was the prescribed text book for an elective course on Competitive Marketing Strategy. A small book, attractive frameworks and lucidly written is my view about this book.
The framework given in the beginning is the most important takeaway from the book. It is simple to comprehend and also outlines what is in the book. It also is a practical outline for any practicing strategist or marketer.
The book provides some really good examples for the concepts it discusses. The book deals with Customer and Competitor Analysis in depth. Some of the frameworks discussed in competitor analysis like competitive strength grid are worth a read. The chapters I liked the most were the discussions on creating competitive advantages.
However, I felt the book is more talking from the air :) Its discussion is from a 10000 feet height from ground level. Especially the discussion on strategic positioning, global strategies are just repetition and common sense in jarg…

Where the heck Have I been?

It has been almost two months now since I wrote a post in this blog!!!

Last quarter was the most hectic so far in my MBA (Haven't I repeated this sentence at least twice :P ; That's the beauty of MBA especially if it is an executive MBA!) Quarter 7 was an interesting one with 2 live projects, understanding in depth the virtue of having an independent financial regulatory environment and some philosophical studies about life and how we all make decisions!!
Also Quarter 7 was the most important one since I got a 4/4 - topper in one of the electives - Element of Management Consulting! Its a wonderful feeling to be a topper; though grades hardly matters in the real world ;)

Times flies so fast that I am already in the third week of Quarter 8!!! Only two subjects this time - all Marketing. Couple it with a marketing project for a start up as the final MBA project! Live an entire quarter with just marketing ;)

Also have joined a Stanford course on Technology Entrepreneurship; Not sure h…

Virtues of being a PGSEMer

What are the best lessons one can get from an MBA? I don't think they are the case discussions or financial modeling you do during your two years at B School. I am not contending that they are of no use. However I believe the real experience is the peer group, hostel life, making friends for life time, the friendly competitions and fights & ego clashes. 
Unfortunately a PGSEMer doesn't have the luxury to enjoy the hostel life. However in my opinion, the PGSEMer gets even more interesting experiences; real life examples - be it the professional success or improvement in the quality of life to professional tragedies and family issues. Fortunately I am one of the youngest in my batch. My project group members are at least 4 years senior to me, one even at the extreme - he started his career in the year I joined school! When I reflect back, many interesting experiences come to my mind.
The most recent being - I am writing this blog post while I am waiting for one of my project m…

The Art of Decision Making

One thing, I have always struggled with is to take decisions - especially when it comes to two equally good/appropriate choices. So here I am in the elective course of Decision Making!! Before I joined, I dreamt that I can take any decisions without any struggle after studying this course. How naive I am still; even after going through an MBA program for 1.5 years.

That doesn't mean the course have no value add. In fact it is one of the good courses co-taught by one of the best professors in IIMB. The course goes in deep about how we think, what are our biases, the importance of intuition, gut feel and so on. It has its own coverage about mathematical notions of decision making using techniques like decision trees, monetary value calculations and applications of game theory.

The interesting thing about this course is that it is co-taught by colonel from Indian Air Force. And the cases are really special which includes, but not limited to Fire at Mann Gulch, Cuban Missile Crisis, Col…

Book Review : The Vault Guide to Schmoozing

A random pick from library during the term break; it was not a bad choice :)

I have found Vault Career Guides always useful and The Vault Guide to Schmoozing was no different! After a series of book reviews related to business and management is one in 'soft skills' domain :)

What attracted me more to this book was the word - 'schmoozing'. Honestly I had no clue about the word's meaning before reading the contents of the book! When I understood the meaning, the obvious question & I am sure all of you would have a also had -  a book on formal flirting? :P

Well, it is not a subject that can be  mocked away like that, especially in this world! Interesting part for me was that, as and when I read each chapter, I could very corelate to few of my marketing colleagues. This confirmed the fact that this skill is required more often in a business professional domain, especially like marketing, consulting or business development; compared to say, may be a s…