Tuesday, February 11, 2014

Turbulent times

Today, in the applied corporate finance class, Conchita explained us what exactly are the CDO and CDS and then we saw the 'Inside Job' movie to understand how the 2008 Sub-prime crisis unfolded itself. The movie made so much sense now that we know all the financial terms that were talked. And then, we had a debriefing on the video, about what are the events that took place, why, and other aspects of the whole episode. This was part of today, that was spent discussing events regarding times that were turbulent, and events that made the time turbulent.

Just before this class, was the Hands on rapid innovation double session, where Chris and Zubin discussed about various options to Outsource, CrowdSource and Crowdfund. So, not exactly something related to turbulent times, but more of measures to have better bandwidth for doing things that matter, and for cutting cost of operations. In a way, necessary measures in today's world, if we don't want to see any turbulent times :-)

Later in the afternoon was a Technology and Business Strategy double session, where first session was dedicated by Prof Ramiro to discuss various aspects of technology like data marts, analytics, reporting, social media information gathering, etc and the second session was about case discussion on Bonnier - the leader in media publishing industry and a great example of innovation. It was interesting to see how this company managed to swiftly transition from a large publishing house to the digital age, just when the times were changing and new technologies and social media was emerging. Again an excellent case of how the anticipated turbulence can be overcome by innovative strategic thinking.

And then, as I write this post of the day, there is still a single session of Internet as a sales channel that I need to attend in the evening. Yepp, didn't I mention, today is officially the longest day in terms of my class schedule here at IE for me - classes began at 9 AM and will go on up until 10 PM.

By the way, on a lighter note, in case you are curious about how the 3-D printing went yesterday, here is a real short clip of it that I took last night:

http://www.youtube.com/watch?v=q-gACKvR6js

And these are the two things I printed, right from design phase to the printer setup and calibration to actual job printing. Hope you all like it :-)




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