Strategy without implementation is a day-dream; Implementation without strategy is a nightmare. More I read about it, more I feel. Setting up a strategy and implementing those sounds real easy but is it that simple? I wonder if this was so easy, every product in the market would have been a success story. A good marketing strategy can make a brand and people would line for hours to buy the products. And sometime a product from a top brand with huge marketing fails. What could be the reasons? If I combine my knowledge of strategy with marketing, I would say… it depends :-). All that matter is successful implementation of a good strategy.
I neither studied nor worked in finance before. Financial statements to me were just sheet with revenue and profit. But the same tabular sheet now makes a lot sense to me. The financial statement speaks up everything about the company. Group case studies helped me understand key financial concepts.
Macroeconomics is a good subject and open economy is interesting topic. The funny examples from our Professor made me understand this complex topic better. I can now explain benefits behind the open economy. It’s interesting to understand how a part of an economic can be made more competitive by just adjusting the exchange and interest rates and vice versa. The professor had so much knowledge, ask him a topic and he has an interesting example/story to tell you. Just listen to the meaning behind the story and you under the topic.
“Leadership talk” with a top leader from a leading customer product company was so interesting. He had so much knowledge, such a clear strategy and understanding. He had solution for every possible leadership challenges – cross culture, motivation. You name it and he has an experience to share.
This is the beginning, more to follow ….
Mannheim MBA 2013