"The one who follows the crowd will usually get no further than the crowd.
The one who walks alone is likely to find himself in places where no one has ever been"
- Albert Einstein.
This blog documents my MBA student life at Ryerson University, Canada (2010-2012). It was an attempt to demystify the MBA experience, help understand MBA topics & encourage MBA wannabes. I have a Pre-MBA blog about B-School application process (and a few other blogs) as well. I used to blog actively in the past and interact with readers regularly, but life got very busy after my MBA. Good luck. Take care. Cheers! Gerry.
Wednesday, January 11, 2012
Follow the crowd or choose your OWN career path ?
I found an interesting poster which says:
"The one who follows the crowd will usually get no further than the crowd.
The one who walks alone is likely to find himself in places where no one has ever been"
- Albert Einstein.
"The one who follows the crowd will usually get no further than the crowd.
The one who walks alone is likely to find himself in places where no one has ever been"
- Albert Einstein.
Jan 2012 John Molson International Case Competition in Montreal, Quebec, Canada
This is the oldest and largest international MBA case competition, with 36 teams (by invitation only) from 12 countries. It takes place over a full week, with teams divided into six divisions for a round robin of 5 cases each, followed by the semifinals and finals. This competiton is a way to build the brand of a Business School in Canada and abroad, plus develop networks from around the world. Representatives from our school participated and did a great job.Professional & Social Networking: Width versus Depth
- Some people have great depths in networking, but they have limited metworks
- Some people have great width of networks, but with limited depth
- It is not possible to do both, but you do the best you can, eh?
More soon...
#Priorities: I am getting closer to my professional goals, but I missed the Case Competitions & the MBA games :(
It is all about priorities... How do you manage your time, money, energy, resources & focus? What are the returns of doing this versus that? It is not easy. It is Economics: Efficient Management of Scant Resources to maximize the utility! You have to pick & choose. And not get distracted.
My class mates did a great job representing the B-School and I am happy for them.
- There are only 24 hours in a day
- There is only so much you can do
- There is only so much money you have
- There are only so many parties you can attend and beers you can have
- There is only so much networking you can do
- There is only so much time you can spend away from your books
My class mates did a great job representing the B-School and I am happy for them.
Indian economy slides into danger zone; Investments plunge to 5 year low
From the link: http://economictimes.indiatimes.com/news/economy/indicators/indian-economy-slides-into-danger-zone-investments-plunge-to-5-year-low/articleshow/11441136.cms
MUMBAI: Investment proposals plunged to a five-year low in 2011 as companies such as GMR and Reliance Power halted projects due to administrative hassles, threatening to amplify the economic slowdown in 2012 and delay recovery even with rate cuts from the central bank.
A prolonged phase of weak investments could increase loan defaults by companies or call for restructuring of debt, denting banks' profitability.
New investment proposals in 2011 fell 45% to 10.46 lakh crore, from 18.88 lakh crore a year earlier, data from the Centre for Monitoring Indian Economy (CMIE) shows.
"If investment-led growth does not happen, we will manage to have a GDP of around 6.5% over the next 3-5 years," said A Subba Rao, chief financial officer, GMR Group, which runs airports and utilities. "Investment is weak and if the government does not act fast, it may come to a grinding halt. The government needs to work overnight and carry forward reforms and approve policies over the next 2-3 months for things to improve."
Companies have frozen investments as government flip-flop on policies are blurring returns, especially in the power sector that guzzles capital and needs scores of departmental approvals for smooth execution. State investments are also slowing as welfare programmes take precedence over asset creation.
With many projects stalled, banks are also reluctant to lend for fear of bad loans. The 13 rate increases by the RBI have made funds expensive.
While private sector investment proposals declined nearly 48% year on year, the government, which is struggling to achieve the fiscal deficit target, was not behind as investments declined 40%.
Gujarat, the most favoured by corporate India, bucked the trend, pulling 18% of the newly announced projects and registering a 14% increase year on year, including a mega expansion by Maruti Suzuki that faced labour problems in Haryana, which saw a near-90% fall from a year earlier, the CMIE data shows.
"Capex has come down because of higher interest rates and low liquidity," Rashesh Shah, chairman, Edelweiss Financial Services. "But, this is just a short-term trend. Capex numbers will bounce back from a low base when rates start going down."
MUMBAI: Investment proposals plunged to a five-year low in 2011 as companies such as GMR and Reliance Power halted projects due to administrative hassles, threatening to amplify the economic slowdown in 2012 and delay recovery even with rate cuts from the central bank.
A prolonged phase of weak investments could increase loan defaults by companies or call for restructuring of debt, denting banks' profitability.
New investment proposals in 2011 fell 45% to 10.46 lakh crore, from 18.88 lakh crore a year earlier, data from the Centre for Monitoring Indian Economy (CMIE) shows.
"If investment-led growth does not happen, we will manage to have a GDP of around 6.5% over the next 3-5 years," said A Subba Rao, chief financial officer, GMR Group, which runs airports and utilities. "Investment is weak and if the government does not act fast, it may come to a grinding halt. The government needs to work overnight and carry forward reforms and approve policies over the next 2-3 months for things to improve."
Companies have frozen investments as government flip-flop on policies are blurring returns, especially in the power sector that guzzles capital and needs scores of departmental approvals for smooth execution. State investments are also slowing as welfare programmes take precedence over asset creation.
With many projects stalled, banks are also reluctant to lend for fear of bad loans. The 13 rate increases by the RBI have made funds expensive.
While private sector investment proposals declined nearly 48% year on year, the government, which is struggling to achieve the fiscal deficit target, was not behind as investments declined 40%.
Gujarat, the most favoured by corporate India, bucked the trend, pulling 18% of the newly announced projects and registering a 14% increase year on year, including a mega expansion by Maruti Suzuki that faced labour problems in Haryana, which saw a near-90% fall from a year earlier, the CMIE data shows.
"Capex has come down because of higher interest rates and low liquidity," Rashesh Shah, chairman, Edelweiss Financial Services. "But, this is just a short-term trend. Capex numbers will bounce back from a low base when rates start going down."
Text book for MB8105: "World Logistics & Supply Chain" course.
The prescribed text book for our course is as below (for the Winter 2012 term)
Supply Chain Management (4th Edition) by Sunil Chopra & Peter Meindl.
I like the field of Supply Chain Management. It is a very important field. It is about how goods are transported and delivered across different parts of the world.I am also interested in getting a CPIM certification later. I am already a member of the APICS :)
Here is an interesting video explaining Supply Chain Management to you :-
Supply Chain Management (4th Edition) by Sunil Chopra & Peter Meindl.
I like the field of Supply Chain Management. It is a very important field. It is about how goods are transported and delivered across different parts of the world.I am also interested in getting a CPIM certification later. I am already a member of the APICS :)
Here is an interesting video explaining Supply Chain Management to you :-
MB8509: Comparative Healthcare Policy & Management is an interesting course
MB8509 is an interesting course indeed. We get to learn about the Healthcare Policies in Canada, USA, Europe and other regions. The classmates are those who have interest in or experience in the field of Healthcare. Since this is an elective course, the batch is small. So the quality of discussion is good. Happy to be in this course and hope to gain good knowledge. This should also help me for my ambition of pursuing Healthcare Management Consulting.
One of the Reference Reading Books for the course MB8509: "The Healing of America"
The Healing of America - The Global Quest for Better, Cheaper & Fairer Health Care - by T.R. Reid.
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