Monday, October 8, 2007

"Depends" and MBA

My MBA coursework has now gone into the 5th Gear now and every single day seems to be bringing out different facets of the way business is done in the various parts of the world. The perspectives of the people in the case discussions are so varied that at the end of the 80 min discussion, you are left with more questions than the answers the case was supposed to provide. (Anyway a case analysis is never meant to reach a conclusion ) .

So what happens at the end of the discussion when the various perspectives just dont seem to fit into the 80 minutes scheme of things ? Hmm........You use the term "Depends" . Aah well the answer to the case questions "depends" on how you look at things. I believe the focus should be on Financial restructuring . However any decision needs to taken "Depending" on how important the other functions of the company are !! . If the question is "Do you want to expand the product line by offering a new innovative design ?? " , the answer is "It depends on whether you want to increase the market share or you want to keep a sustained but slow and steady growth ... blah blah... blah blaha............"

So in effect what the dean said on the day one of the MBA orientation was quite true. MBA increases "your frame of reference" allowing you to think in different directions. The "depends" usage is just a extension of "your frame of reference", with the MBA managers purportedly having more ambigious scenarios to think about in order to bring out the best possible solution. More on my "depends" MBA as the story unfolds.............. ciao till then.

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