OK, here are 3 gratitudes for today.
Block 3 is officially started today, with Operation & Supply Chain Management and Strategic Management subject. I find two professors teaching the subjects are super. Both have hands-on experience as well as theoretical knowledge. The SCM professor gets almost 30 years experience in operation. He started as an engineer working with robot & automation, then he did PhD in Industrial Engineering. He worked closely with some companies for solving some operation & supply chain issues. Meanwhile, the strategy professor is also a veteran. He taught mostly executives in Executive Education & Executive MBA program. He is not used to teach full time MBA program - but that's a good thing. His approach is very practical, yet it is academically sound. Both professor really enlightens and inspires me to learn. Great learning experience.
Second thing. Strategic management is made simple by my professor. You will not be lost in all the strategic jargons & management trends (you name it: SWOT, Judo strategy, the 7S, McKinsey model, et cetera), but you'll get really the essence.Strategy is about choices, and you make decisions based on the what, who and how. In the core there is a "why" - vision. He doesn't like the term "vision". The word is heavily abused and becomes meaningless nowadays. But he says that vision, the why, consists of 3 elements: core purpose (your raison d'etre), core values (guides to your behaviour, and he emphasized that you *must* make them *explicit*) and ambition statement (your big hairy audacious goals). All of this is to pursue one purpose: sustainable competitive advantage. Simple, yet very profound.
Third thing. My group discuss SCM case study, and we start to write. We talk about some ideas how to tackle each questions, and I think we're done for the intro part and question no 1. We still have one more evening. We'll finish it by tomorrow.
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