Wednesday, October 30, 2013

Simulating businesses and OUR LIVES :-)

Well, the morning began with SCM session, where Daniel had already given us some excel sheets to play around at home. These sheets had some models designed around revenue of a news-stand -  he then used these sheets as a means to transfer our learning from simulating various situations in the excel model of news-stand into principles of SCM for perishable goods. The underage and overage costs and their significance when deciding whether to order lesser or more than the mean demand forecasts available, was an interesting take-away from this class today.

Then began a two-session Leadership module, where we continued to work on our vision. There were questions about how we see ourselves 20 years from now and so on, all designed to help us find the mission of our life. Basically, in this class today, we tried to simulate our life going forward and see if it provides us with the purpose of our existence. Too philosophical is it? Or may be too Psychological :-)

Truth is today was the day when both classes used simulation as a tool to help us understand and develop some of the concepts that would help us in the long run as we move ahead with this MBA and with our careers and lifes.

In the evening, we kick-started the Movember Madness, by shaving our beards and moustaches in MM31 launch pad area. And after postponing it once, we also had our section photo taken by IMBA today.

At night, while I was resting, doing "nothing", got a message from Martin asking if I want to go for Columbian dinner - Well, food is my weakpoint and I had never tried Columbian food before - So, it was an offer I could not refuse - went for a late night dinner with 2 other classmates and had amazing food, with tips and explanation from Martin all along.

Life is good :-)

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