Monday, 19 May 2014

365 Days @ Great Lakes Institute of Management, Gurgaon.



It took me forever on how to write this post. Should I start off like any other “typical” post about “The MBA/PGPM Life” or is there another way? In fact, that is what I learnt first here at Great Lakes. There is another way. All you need to do is stop “running” and enjoy the view because the picture you’ve wanted to paint all along is turning out to be better than expected.

I wish I could write this post on what to expect from joining the PGPM program at Great Lakes, Gurgaon but the truth is the unexpected that is only certainty, and trust me, that is a Great thing! I cannot do anything by agree with you when there were obvious apprehensions prior to the dawn of the program, leaving the professional world as we know it in hope of embarking on much challenging journeys in life through unchartered waters. Yes, I know that feeling because I was reading up on schools like you are right now. That feeling will soon put to bed once you realize that the friends you make here are going last a lifetime. Even more so because they made it in here just like you did and nobody can ever say that you have nothing in common.

The “Ice-breaker” trip we had to Rishikesh bought the mentality of all of us “being in this together” definitely made us work that way from that day on. Win or lose, we’d do it together (Especially the white water rafting). Either way we would end up indulging in multiple rounds of “bunta juices: A delicacy of the location” brought us only closer as a batch and nothing else.

Titans - Deepti Balakrishnan and me
I’m writing this post at the very end of my program here at Great Lakes. Well, almost. And looking back I really can’t understand where the time has gone. Yes, there have been a ton (quite literally) of trainings, classes, exams, late night study sessions, projects, more projects, and the always entertaining group assignments. Watch out! This is when the person you would’ve killed a thousand times over in your mind becomes a friend and you realize that you were judgmental. To anyone in any B-school past / present saying otherwise, trust me they’re trying really hard to be cool. To all the B-school grads that’re reading this, am I right? Or am I right?

Great Lakes, Gurgaon is known for two things in particular. First, we are the front runners in having in our curriculum two of the fastest growing industries in India, Energy and Big Data & Analytics. Much to my surprise, Big Data & Analytics isn’t just a mammoth sized file with a gazillion numbers but indeed is a thinking business. “Lateral thinking” methodologies are put to the test and whether we like it or not, all Great Lakers are Analytics minors at Gurgaon. And second, extraordinary faculty- Great Lakes has spared no cost in reeling in the best of teachers who not only cater to other premier schools in India but abroad as well. Having a global perspective of learning has only strengthened the meaning of our motto “Global mindset. Indian roots”.

While I could give a run-down of the academic portion, projects and lecturers of the program it’s also important to describe another critical aspect of the program and that is the out of class experiences that are critical to our development as business leaders in a culturally diverse world. Great Lakes, Gurgaon has a lot (And I mean “A LOT”) of Industrial speakers who take the time out from their busy schedules and meet with the student. “Wait a minute! Why?” you might probably wonder but I believe them to be the links between what we do in class and what the world out there really runs on. While our “live-projects” and Empirical research projects also gives us such insights, the sheer quantum of knowledge that is shared in these sessions can be compared to none. Uncle Bala calls it “Experiential Learning and insights”. We couldn’t agree more.

L-R : Yogesh and Srinivas @ Great Lakes, Chennai Campus
I was among the lucky three to visit the Chennai campus for three days. Although both campuses are identical in academics and most events are replicated across locations, the student life is completely different. To put it in a nutshell: “In Chennai, I know more people. In Gurgaon, I know more people”.
Let me shed some light on the activities. While some enjoy swimming or working out when we find the time to, there are some who diligently play every day. Yes, every day. You learn how to manage your time better. I would be lying if I told you I was them though but hey! I like to eat the sheek kebab rolls sold next door. That’s some exercise too. Haha!

“Be an opportunist” Uncle Bala’s words were taken a little too seriously. Be it indulge in going that extra mile to make things happen in college or quite literally “the extra mile” might just end up in Jaipur for a weekend at a classmates house. Either way, the fact that we’re a culturally diverse group and know very little about other cultures than our own, we’d have a blast. Yes, I am from Bangalore and the “sarso ka saag” is better than it sounds.

“The best year of your life” has long been associated with GLIM’s PGPM program. Having experienced it myself, calling it “the best year of my life” is merely an understatement for the lack of a better word. Never have I been exposed to such miscellany, where differences are celebrated and they blend perfectly to form a different kind of culture beyond religion, and other social nuances. A culture filled with humility, respect, and at the same time, courage and tenacity to take on the world.

It has been an honor and I hope my this post has been helpful. From the corner table of the classroom, Yogesh Babu, signing out.

Tuesday, 11 March 2014

Dr. Manmohan Singh. As we know him


Dr. Manmohan Singh, is one of the most brilliant leaders in the world and is well regarded for his academic work and for his quiet,down-to-earth personality….both traits which are quite rare among politicians. He has been Prime Minister since 2004, having just started his 2nd five-year term in this position in 2009, but he was a busy boy long before that.  An economist by training, Singh previously held many influential posts in India, including: the Governor of the Reserve Bank of India (1982-85), the Deputy Chairman of the Planning Commission of India (1985-87) and most importantly the Finance Minister of India (1991-96).  His stint as Finance Minister should be further explained:

For most of its modern history since independence in 1947, India has followed a government-heavy-handed approach to regulating and controlling the economy…you know, its called socialism. Now, it was never full-on communism like the Chinese model, but the Indian state did produce a massive, bloated bureaucracy in order to outright control some sectors of the economy, protect other sectors from competition, and in general regulate the hell out of everything else. All this was done to redistribute some of the resources of the state via services like education, infrastructure, and employment in general. After decades of stagnation and inefficiency, in 1991 India put into play a crucial reform package which restructured the entire government/economy relationship…resulting in tons of privatization, slashing of bureaucratic red tape, and promotion of entrepreneurship. All this set India on a path for sustained economic growth and true integration into the global economy, for the first time ever!

In other words, India started the conversion from a heavy socialist state to one based more on capitalist principles of free trade and less governmental control. This move resulted in decreased regulation and inefficiencies, an increased tax base, increased job creation, and increased foreign investments. Wow! Who was the genius that thought all that up? The main brain behind this plan in the early 1990’s was our main man Dr. Manmohan Singh…hey, wait a minute! I know that dude! He is currently the Prime Minister, isn’t he?  You know this!

And Prime Minister Singh continued these same successful economic reforms in first term, largely focusing on reducing government fiscal deficit, providing debt relief to poor farmers and advancing pro-industry economic and tax policies. The result: he has presided over a period where the Indian economy has swelled by an average annual 8?9% economic growth rate for a decade. That is huge! Singh has been a big force behind the country’s successful economic conversion, and people in India know this…and now so do you! With economic power comes global attention and importance, which India is continuing to gain year after year….

But Singh is a playa’ outside India too. As leader of India, Singh oversees the absolute largest multi-ethnic, multi-linguistic, multi-religious full-fledged democracy on earth! A model for the entire planet! And India is the 2nd most populous country on the planet with 1.3 billion citizens (and it is soon to take the pop top slot from China), so being in charge of 20% of humanity is kind of an important position in its own right. India also is a large contributor of troops to the United Nations, and increasingly has a voice in how those troops are used. In fact, look for Dr. Singh to push very hard for India to be given a position on the UN Permanent Security Council…a spot that I am predicting he will actually soon get.

Add to that the fact that India is a declared nuclear power, has an advanced space program, has the largest and most advanced military in the region, and is even acquiring an aircraft carrier! These guys got game! You should always know who is in charge of India, and for now that is Singh! His disposition is for peaceful resolution of regional and global problems (much like Gandhi), so he is a hugely stabilizing force in a otherwise chaotic area (i.e. problems in Pakistan, Afghanistan, Burma, etc). Singh has also committed his country in joining the US-led global War on Terror. Yep. That’s right. Singh and Uncle Sam on the same team.

You Americans should really get to know this guy better too…because he is increasingly one of your best-est buddies on the planet! Say what? You heard me. Under Singh, the US/India relationship has been blossoming like never before! It really started when former US President Bush helped broker a deal with Singh which will be providing fuel and technology to India in order to help build their nuclear energy industry. With the opening of the Indian economy, we are now seeing all kinds of business, technological, political, and even military ties quickly forming between these two giants.

More importantly, this starts the solidification of a new era of US/India foreign policy, which serves to pull Prime Minister Singh and all of India distinctly into the ‘Team West’ camp on a variety of global issues. Namely, India is now firmly on-board the ‘Team West’ train in being a democracy, being a capitalist economy, being a big advocate of human rights and individual liberties, being a member of the ‘War on Terrorism’.

And India will certainly benefit by this new stronger alliance as well. Look for current President Obama and all others after him, to increase visitation, aid, and military intelligence with Singh.  But Singh ain’t no lap-dog: India will be maintaining its independent leadership role in the region, and the world. That’s why its important to watch this guy and see what he is up to all the time. His opinion, his voice, and his country all increasingly affect how events are unfolding in today’s world.

Cheers!
Yogesh Babu
(www.fb.com/yogesh87)

Friday, 21 February 2014

Crack the GD @ Great Lakes Institute of Management

While I can give you a run down of all the topics for a group discussion, in all probability, none of them might be asked.

So this is what I am going to do. Following are the tips that I think you need to crack the group discussion @ Great Lakes Institute of Management.

First, take a note pad. It is very likely that you will try and remember all the points from everyone in the room but guess what! you're wrong about your memory. You have been given a set time slot so that you "break under pressure". Having a notepad helps. Write down all the points and always refer to the person who mentioned the point in the first place. I know you are a nice guy. This allows the coordinator know as well.

Second, listen to the topic VERY carefully. If you need any clarifications about the topic, ask for it at the very beginning. Think about it. How would it be if I ask you your name after speaking to you for 20 minutes. Exactly!

Its not even funny to know how many times someone clarifies the topic in the middle of the GD. Yes, the topics can be unclear at times and may lead you away from what is asked. Do not fall for it.

Third, answer what is asked. Nobody wants to know about your fairy tale life. Get to what needs to be answered ASAP. "Uhhh!! I think..." is a BIG NO for a start to your opinion.

Start by writing (on your notepad) what the topic is asking you in your own words.Once you've done that, you are going to sail smoothly from then on. Coordinators always give brownie points to the person who has the ability to simplify the problem.

Fourth, recall why you are there in the first place. You want an PGPM/ PGDM. Look at the problem from a macro level. Don't cling on to trivial points.

Also, adapt if you are proven wrong. Learn to look at it from a different perspective. It always helps. If you have made an absurd judgement, correct it. It shows integrity. Do not love your opinions, you'll be shooting yourself in the foot.

L-R - Rithvik, Yogesh and Ranjith

Fifth, you do not have to dive-in to start. For some of them, it comes naturally, let them do it. There is a fine line between being pro-active and looking like an "enthu-cutlet" (Bangalore lingo for a hyper active person a.k.a idiot).

Unless absolutely necessary, I would not dive in because I tried it once and I realised that all the people who give you gyan that it is awesome to start, they do not know you like you know yourself. If that isn't your forte, you dont want to test it on a day you'd be judged for it. FACT!

Sixth, do not Bullshit. Speak facts and figures only if you know it. Yes, you need to know current affairs that you may have to relate for two reasons. One, you are eager to know whats happening around. And two, you are disciplined (There is thesis to prove this point but truthfully, I know you don't care. haha)

Seventh, do not interrupt someone when they're making their point. It is easily one of the worst things you can do in a GD. Although having said that to a billion people, nobody seems to bother. So I'd suggest you intervene and say "Please, lets hear his/her point out... blah blah.." IT WORKS LIKE A CHARM.

Eight, always summarize. PERIOD.

Hope this helps. All the best!

Cheers!
-Yogesh Babu
(www.fb.com/yogesh87)