The sun having abandoned us for the week, it has been a pretty cool morning for most of the days this week. The weekend however was splendid with the sun being out, clear skies and overall a great weather accompanied by the relief of having finished off with the exams. Last Friday was when the exams got over. The afternoon was spent lazing about in the sun at Hyde park. A clear sky with wisps of cloud floating about it was an ideal day to soak in the sun. The evening was spent in revelry, the events of which I’m sure, are more apt for a private memoir than a blog. The weekend was spent in catching up on the sleep that one was deprived off due to the exams. However, Sunday was pretty inviting enough for the shoes to be slipped on an venturing out in the city.
A long walk around Piccadilly, Soho Fitzrovia, Trafalgar Square and finally Covent Garden ensured an afternoon that was spent walking about and observing people in general. In fact, it was a wonderful day for one to step out and enjoy with the family or maybe even with friends. But for most, I believe it was about family. Going by the tube map and estimating the distances based on what gathers from the tube stations in central London, one would be surprised to know that the entire distance is very much walkable, and if one is willing to leg it most parts of it are within walking distance of each other. Its the sight on streets which can slow you down, make you stop and stare.
A new week started, at business school. Some resumed their classes, while at the management course we started with Business Simulation Exercise. As the name suggests, the entire batch goes through an exercise were an entire business situation has been simulated for them. The groups, as formed since the beginning of the academic year, are assigned a firm and compete with other firms (computer generated). The challenge is to take decisions which would help generate maximum profit, share price etc. in short, take decisions and make the firm do well over a period of time. With decisions being taken for each financial year (rounds), fortunes swing about a lot, with teams who were doing well, suddenly lose it all in an unfortunate speculation and face “liquidity crisis” (bankruptcy) while some keep going from strength to strength. Somehow, this simulation allows us to try out out understandings and knowledge gained over the period of the past few months, where the repurcussions of the mistakes (wrong decisions) are limited to only a few digits on screen and not much of an impact on the real life, and certainly not being expensive. With the exercise coming to an end today, it would be interesting it note where each team leaves the firm. This certainly is a heads up for most of the future managers on how to manage finance, marketing, production, research and development, and overall business strategy. The learnings are immense. The key is to apply what one learns. Till then, adios