MBA Takeaways - Part 1
I am not in a very bad mood today, for a change. So I thought it might be a good time for me to start this MBA Takeaways series on a positive note. Here is what I learnt from a technical standpoint -
Marketing
Everything revolves around 4Ps, 3Cs, and STP. If you know this (which by the way was Mod 1) you are a good marketer.
Finance
Even simpler. Discounted Cash Flows. Period.
Everything else flows as a result - NPV, Valuations, IRRs whatever. Everything is a manifestation of DCF. Yeah, I did learn a few theories like CAPM but then who cares. Just look-up the #$%^@ beta.
Operations
I thought I might eventually start getting a great ROI on my investment due to my learning in operations until I realized that I was learning about linear programming and regressions, which I sort of covered in my engineering days. But to give the due credit - Newsvendor problem was a sexy sounding concept I did pick up.
Consulting
Wow! This was the best ROI as far as my learning for MBA jargon which I think would be most handy for me going forward. Bucket everything into 3 things. Bottom-line on top. Throw in a few numbers, a few sexy sources like Gartner, Forrester, and you are done!
Etc.
Sustainability, yeah I do recycle! Thank you.
Friday, February 12, 2010
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