the world is changing .. I feel it in the air ... STOP !! Seriously?? Did you think I am about to start the narrative for Lord of the Rings here? No way !!
From what we learned in the Technology and Business Strategy class of today, the entire business world is now changing from the Push model to the Pull model, where more and more consumers are becoming informed, searching and learning online, doing price comparisons, and are demanding the exact thing they need or want, rather than staying satisfied with what the companies have on offer for them.
And this is making many companies to re-design their strategies, and those who are not doing it, are going out of business pretty fast.
We saw a couple of examples of changing landscape in companies, particularly in relation of technology involved and business model followed. It was yet another interesting class today.
Earlier today, we had the Applied Corporate Finance class on LBO and it was our group's turn to present. While we described some key concepts and the Dell deal, Conchita went on to describe some other key aspects of the LBO and discussed a few more deals.
Spent the time in evening after classes to rehearse the case facilitation for tomorrow with my group and going home at 10 PM early tonight, much earlier than past few days. Will get a good sleep today :-)
From what we learned in the Technology and Business Strategy class of today, the entire business world is now changing from the Push model to the Pull model, where more and more consumers are becoming informed, searching and learning online, doing price comparisons, and are demanding the exact thing they need or want, rather than staying satisfied with what the companies have on offer for them.
And this is making many companies to re-design their strategies, and those who are not doing it, are going out of business pretty fast.
We saw a couple of examples of changing landscape in companies, particularly in relation of technology involved and business model followed. It was yet another interesting class today.
Earlier today, we had the Applied Corporate Finance class on LBO and it was our group's turn to present. While we described some key concepts and the Dell deal, Conchita went on to describe some other key aspects of the LBO and discussed a few more deals.
Spent the time in evening after classes to rehearse the case facilitation for tomorrow with my group and going home at 10 PM early tonight, much earlier than past few days. Will get a good sleep today :-)
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