Three things that I have learned at the end of second semester (First Year) of my MBA in technology management at DMS, IIT Delhi.
1. Statistics is one of the foundation of the Management over which this tall building of management is towering. Its principles are used so extensively that future of leading multinational organizations might turn dark without this subject.
Business Intelligence .... has statistics at its core...
2. Its not subject that is interesting or boring in itself, but its teacher who makes it what it should be. Management accounting, I thought of it as night mare being an engineer,before joining the course but thanks to Prof P K Jain, Professor at DMS, IIT Delhi, who not only made our fundamental strong, but also gave the practical aspects of accounting to the engineers giving them better decision making power.
Now I can understand that why Volume Profit Graphs are @ desks of board room.
3. Creative problem solving, a unique course at B School -IIT Delhi, is basically about how problem actually hit our face and how we (manager) should solve them. How a problem from mess state can be turned into statement through process of diverging and converging patterns of thinking, and how we ended up to the solution.
I got to know about P N Khandwalla, Ex Dean IIM Ahmadabad , a true genius and writer of Master piece "Life Long Creativity-An unending Quest"... A bible on Creativity, its process and how it can be part of our life ....
Other Important Books I read during this year...
1. Fifth discipline by Peter M Senge
2. My years with General Motors by Alfred P Sloan
3.Exploring Corporate Strategy by Gerry Johnson,Kevan Scholes & Richard Whittington
4. Managing radical Change -Sumantra Ghoshal & Gita piramal
Thanks 2009-10....
CGPA: 9.5
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