

Sudhir Kumar
- Special correspondents P&G (Partho n Ganga), Bistrobanter - New Delhi
SPJIMR's PGDSM - MIT. A two year, globally focussed dual degree program in systems management. This blog has the candid writings/rants of the chilled out participants on most topics under the sun. When we are not kicking birthday boys or sipping dip chai or ploughing group work areas or making strategies for committee work, WE BLOG.
"Where it is a duty to worship the sun it is pretty sure to be a crime to examine the laws of heat."
- John Morley
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This is first of the two parts of the article written by Kartikeya Rathore about his team Panacea's experience before, during and after GE Day. The guys who made us proud were Rahul Jain aka RJ, Rachit Agarwal, Abhishek Ranjan, Aditya Baliga aka Addy and Kartikeya Rathore of PGDSM MIT 03. Good goin guys!
- Ganga
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13th Oct – 3rd Nov: Just before we left for our Diwali holidays we had registered for the GE Day. The opportunity was exciting, GE was a dream company and the prizes were just the icing on the cake. There was no way we would let this go!! Within 30 minutes of receiving the email the team was formed, the topic was decided as “Early Health Solution – Is India Ready For It” and not as “Potable Water”, the registration was done, and the tasks divided for holidays. So, Rachit and Ranjan had to research Cancer as a disease area; Rahul had to look at how hospitals actually go about understanding the market for Healthcare equipment; Addy was looking at the statistics ad trends; and me – I decided to work on the business model.
We had our short-listing round of presentations on the 3rd of November 2006. There were 77 teams across India, that had registered and only about 1 in 3 were going to get an opportunity to participate on GE DAY on the 13 November 2006.
We were back from holidays and there was little time, the brainstorming sessions started and we put together the ideas we had during our holidays. The business model was decided and we had our first cut presentation. It was sent to the GE team and we were now waiting for the presentations to happen. Soon we realized there were many errors in our presentation – the spellings weren’t right, there was a issue with the version of Office being used and so all the images were turned upside down. And we couldn’t do much about it. We decided to go through with what we had.
On the 3rd, the VC didn’t work, and we had to go along with a tele conference. Anyways, we did what we had to and when we got out, honestly, there we thought our chances of making it to the semi finals were meek.
6th Nov – 10th Nov: Rachit and Addy would agree with me…when I say the emotions were running high…they wouldn’t forget the moment I ran into their rooms and screamed “We are going to
The preparation began for the final presentation and the business models were tweaked over the next few nights. The brainstorming sessions happened through out the nights and everybody was researching and working hard in those few days. It was a common sight to see RJ and Rachit scratching their heads working over the financials, Ranjan listening to webcasts to understand the latest technological research in Cancer. Addy was looking at the Trends and the Multi Level Marketing aspect. And thanks to the help from Lalwani Sir and Renuka Ma’am, we arrived at a model that we thought would work. Me – I was just freaking out.
Anyways, the presentation was made…a few trial runs were done in front of some our batchmates and we were geared up for the challenge...
Cheers,This article which is based on HBS case study will guide you how to justify a drastic career change with grace, confidence & conviction. . Most of us confuse this transition as a time of loss, insecurity, diffidence & uncertainty. This article will emphasize on the importance of a compelling yet genuine story to back up your move.
“All of us construct narrative stories about ourselves-where we’ve come from, where we’re going wrong. The kind of stories we tell make an enormous difference in how well we cope up with change”
-Harvard Business Review
Stories are integral parts of our life because they define us. To know someone, it’s imperative to know her story -the environment that has shaped her, the turning points, challenges & odds that have tested her.
Case study says “Seldom a good story so needed, though, as when a significant change of professional direction is underway-when we are leaving one profession without yet having left it and moving towards another without yet having gotten there. In a time of such unsettling transition, telling a compelling story to interviewers-inspires belief in our motives, charcter & capacity to reach the goal we have set for ourselves.”
Creating & telling a story that matches with our condition & convictions also helps us believe in ourselves. Most of us confuse this transition as a time of loss, insecurity, diffidence & uncertainty. We vacillate between holding on to the past & embracing the future.why? It’s because we have lost the narrative thread of our professional life. Without a compelling story that lends meaning, unity & purpose to our lives, we feel lost & rudderless. We need a good story to reassure that our plans make sense.
The question is why these transition stories are so important? This is because the person who will be facing the transition consequences will be you & what’s at stake is your career. Only love, life & death could be more important. Transition is always about a world that’s changed. You’ve somehow decided that your life doesn’t work anymore the way it was working in past. Perhaps you have reached a point of no return-one that marks the end of a period of frustration & struggle. This much of effort requires a systematic approach to get maximum return.
Hence, a good yet genuine story is essential for making a successful transition.Yet most of us fail to use power of storytelling to match our conviction & goals. Or when we craft a story we do it badly, this may be because many of us have forgotten how to tell a story.
Let’s discuss key elements which will make your story successful
· The story must be about a person or group whose struggle listener can relate to.
· The story should include the catalyst that compelled the person to take major decision.
· The obstacles, frustrations, conflicts confronted by the person should be integral to the story because it reflects the strength of the character to fight against odd.
· Turning point, a point of no return should be the crux of the story. The person can no longer see or do things as he did in past.
· A resolution, in which the person either succeeds magnificently or fails tragically.
Coherence, it’s an essential narrative element because it earns the listener’s trust.The following participants of PGDSM MIT 03 will be representing SPJIMR in various events at FMS Fiesta 2006. Wish you a happy journey guys! All the best!
2) Parijat Kumar
Bankex
3) Rakesh Josyula
4) Sohamnath Mannem
Nascence
5) Parijat Kumar
6) Sohamnath Mannem
Big Companies Big Mistakes
7) Navneet Nayyar
8) Rachit Agarwal
9) Vinit Parekh
Genesis
10) Vishal Dedhia
11) Amit Kumar
May be 'coz lot of their money is riding on the commodities market...and supercomps do a good job of climatic predictions and cluster analysis. You get the drift..