Tag Archives: strategic leadership

Days in Mannheim Business School

26 Nov

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 ….

-Bikram Shrestha-

Mannheim MBA 2013

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2 subjects, a hike and a marathon race

25 May

Its been an eventful, packed past 2 weeks. My previous post was on the eve of our International Marketing course. The course was 5 packed days of an individual case-study, a group case-study and a computer-based simulation game on entering a new market. The thing with case-studies is, in my opinion that one needs to definitely read between the lines before one can develop one’s line of thinking and come up with meaningful recommendations. Grasping the intricacies of a case is like discovering new layers to a good book after each subsequent read. The cases were focused on deeper concepts like re-branding, market-entry into a new continent, pricing a new medical invention- the worst nightmare for a  marketer and the like. Via healthy class discussions, the course sharpened my interest in brands and what makes them tick. Here’s hoping to apply these concepts soon in the real world.

I had a guilt-free hike on the Saturday after the course, having had a good previous week especially since our team did a neat job during the market-entry simulation and more importantly, we had tonnes of fun! We visited the area called ‘Bad Dürkheim’, which is the spa-capital this side of the world. We hiked to a local monastery and enjoyed amazing views of the surrounding forest area over a glass of local wine. Post the hike, we had lunch at the world’s largest wine-barrel, that now houses a restaurant. Our lunch was authentic German food accompanied by a music from a local  musician and performances from our very own in-house guitar player. The highlights of the afternoon were  good food, good music, good views and awesome company, can’t complain 🙂

The previous week was the course on Strategic Leadership, which focused on our personal leadership styles and how we could develop ourselves to become future strategic leaders. Strategic Leadership, in a broad sense, ‘is a person’s ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization’. Examples of strategic leaders are Herb Kelleher from Southwest Airlines and Anne Mulcahy, the former CEO of Xerox Corporation. A key insight from the course was the emphasis on Authentic Leadership, that focused on being yourself, knowing your strengths and weaknesses and adapting your leadership style accordingly. This emphasis on being authentic ensures that you come across as a whole lot more believable which creates trust and you stand a better chance of building a long-term relationship with your employees. 

And finally, this past weekend, 21st May 2011 was The Mannheim-Marathon. 18 of us from MBS participated in various runs; the full marathon (42 km), the half-marathon (21 km), the duo-marathon and the team-marathon (4 participants). I participated in the team-marathon and our team completed 42 km in 3 hours and 43 minutes, pretty awesome, if I may say so myself. The best part, was that the Marathon began at 6.30 p.m. and we completed our run at 10.30 p.m. So it  was quite the party on the roads! Post the run, we went to our favorite watering hole, lol and celebrated. 

This week, we are studying the various Challenges of Strategic HRM via a mix of lectures, case-studies, debates and guest speakers. More posts on the other side of the lecture!

Till later,

Anita