Memoirs of an year

As the entire class huddled up shouting and cheering after the end of the last session which ironically belonged to HRM, it all came back to me. The first day of first term here was similarly drenched in water and marked by thunders as if it was an ominous sign of things to come. Things came and things passed by; acquaintances became friends; professors came, spoke and went; exams and quizzes became a part of life; in a way things changed, for good or for bad, depends on viewpoint.

The sky is pouring as if it wants to wash away all the pains and miseries we went though over the last three terms, supposedly a year, here at IIM Kozhikode. The rain Gods are pleased to see us through and are making this day as cool as possible for us. It may be the weather only which is making us all so happy on reaching this small but significant milestone. It was nice to see all the supposedly serious and crème-de-la-crème future MBAs forgetting everything and cheering together for that one momentous group photograph. It looked very innocent to see people running and shouting pleading to the camera man to click one photo of them in that one unique and arbitrary pose which they are gonna see 1000 times in their lives and laugh nostalgically.  Even the professors joined the fun and posed for the group photograph in their own unique ways, some even doing it just during the quiz. Never seen a crowd of 66 people running rout in the campus during a weekday right in broad daylight, so much so that we even gave bumps to someone in the administrative block itself…

What is this or why is there so much euphoria on completing just one year when all of us know that the next year will be much more eventful? Probably this has something to do with the belief that all of us now have, “Surviving this, we can survive anything coming our way”. And of course the end of this year marks the end of some of most ridiculous (for someone or the other) courses taught by boring professors who take pride in stretching the class just to show how much they want to give to their students. Whatever maybe the reason, everyone is happy including the rain Gods, so have fun and party…

Life as exponential functions

 

A weird thought crossed my mind while sitting and lazing around; the exponential growth/decay function which almost all of us studied in our high school for the first time and forgot then and there is so much prevalent in everyday life; the effect of which is much more visible in case you are an MBA student. Let me start by defining an exponential function in a true layman language: Anything which grows or decays at an alarmingly fast rate is said to follow an exponential function. We will see the variants of these as we go along.

Let’s start this intellectual discussion with Exponential growth function. Many things follow this growth function but I will limit the scope again to life in a B-school. The capacity to complete assignments just before deadlines, the capacity to present a presentation which you have never seen in your life before, the capacity to be prepared for a quiz are very simple examples of this. When you start in a business school, an assignment due next week is completed at least 2-3 days before the deadline. Similarly, when you know that there is going to be a presentation which you are supposed to make in front of the class/teacher, you at least look at it once before going to the lecture. A simple 5 or 10 marks quiz would have generated some interest in the first term. Now the assignments are done Just In Time, the presentations are made On The Spot and the quizzes are taken Business As Usual. There are some other things which may follow an exponential growth curve, some of these might be debatable and highly person dependant. Ability to doze off in the class, ability to ask irrelevant questions in the class, ability to gossip, ability to get up just in time for the morning class, the attraction towards the opposite sex (among the sample available in campus), the desire to get out of the B-school with that elusive job; all increase exponentially as you progress from Term 1 to Term 3. The ability to be practical in life would increase exponentially once you are done with your summer internships is one thing seniors have told me though I need to verify it myself.

A few examples now of the exponential decay function. Just notice the number of people studying in library in term 3 and compare it to term 1 or compare the number of students attending the morning class or the number of student actually reading the case/chapter scheduled for a class; they all follow an exponential decay function. The library looks deserted and the morning class resembles a morgue with half empty seats and half seats occupied by sleep deprived zombies, though only 1% of these zombies actually lost their sleep over some constructive work. Other things following this function can be the level of tolerance, the respect for fellow mates, the respect for system, the inhibitions about the three letter word, the fidelity towards your “already engaged” partner. Again, these are effects that are highly person dependant.

So if you see, I have classified almost everything people do and learn in a business school by means of exponential curves but still there are some things which don’t follow this function. And if by chance you noticed, I did not classify “the actual learnings of an MBA” anywhere, neither in growth nor in decay. For some it’s learning and for some it’s destruction of common sense and logical reasoning and I have no intentions of hurting either of these two groups. You see, one more thing follows an exponential growth function, the art of being tactical and diplomatic

 

 

The Side Effects of an MBA

In my two articles I have given an account of MBA course, which is generally either positive or neutral and generally tries to capture the tangible effects. Here I try to explore the side effects of an MBA which are carcinogenic and start breeding in the blood of every MBA the day he/she puts his/her foot on an MBA campus, only that the symptoms of cancer are visible sooner than the actual cancer. Even after this nobody does anything to remove these tumors which lead to an explosive growth in their sizes hampering the norm al course of life of everyone around an MBA student.

People going to an IIM start thinking of themselves in no lesser than some God simultaneously forgetting about other 180 odd self professed Gods. This lead to ego clashes between every one with every one, where in everyone thinks he is correct and the other person is some idiot who has no right whatsoever to speak in the presence of His majesty. People become short tempered ready to blow the fuse at the slightest of provocation. They just become intolerant of other students, simply intolerant of their mere presence around them, looking frantically for pettiest of reasons to rip each other off. Even a slight error on someone’s part is blown out of proportions thinking this as the only chance in the lifetime they have gotten to get the better of the other person. Forgiveness is a forgotten virtue and is considered a vile by many. There are no friends there, only contacts and batch-mates which may help you bargain for a job sometime down the years when you need one, that too not because of friendship obligation but because of alma mater ties. It may be purely because of being more mature and practical than each of us was in our undergrad days when emotions were strong and lifelong friendship really blossomed amongst fellow hostelites. Or maybe having worked for some times in the harsh and unforgiving corporate world may have changed us. Each of these can be a reason, independently or as a combined package, no one can be sure though.

One very peculiar change I personally observed in fellow MBA grads is the ever declining ratio of emotional quotient. People lose their sensitivity and become hardened; which may be appropriately called stress hardening in pure engineering terms. Personal and intangible issues take a backseat and life of almost everyone becomes mechanistic to its extreme point. Humans turn into machines churning out PowerPoints and word reports at the pace of Brett Lee bowling on WACA pitch. This murder of the child within each of us may also be one of the reasons of the perceived hostility amongst almost everyone.

Other thing people forget coming to a b-school are their pre MBA relationships. It is a widely accepted fact that almost 50% of pre-engaged couples break up within the first 6 months of their MBA and start afresh with someone inside the campus. Now is this due to lack of time to spend with the first fiancée or plenty of time spent with someone else on the compulsion of assignments or projects, I have no clue. The funniest part is that people surrounded by so many people get so lonely that they don’t have a soul to talk to. Maybe that drives people near to each other and the sheer distance from the original loved one takes the relationship away. I am no authority to analyze the issue morally since it is a totally private matter of the involved parties. But certainly I can observe and look at the issue as a neutral connection.

Studying in a fully residential course, I can relate some causes to these side effects. Group assignments and projects were supposed to foster team spirit in people working together, but here they achieve an opposite of that. People spend so much time together for work related reasons that they get bored out of each other. Now generally if you don’t like someone in real life, you simply ignore him and things become normal, but here you have to work with the same person acting as a coherent team. The very thought of a free rider eating away the fruits of your hard-work can be very frustrating and disheartening and when you that happening almost every day you just want to kill that parasite. These frustrations search desperately for a reason to be vent out.

The other reason can be simple pressure to do better than others, on whatever expenses it may be. Competition doesn’t end with cracking CAT, it starts from there. People realize the laws of supply and demand and most likely they learn it the harsher way. The relative grading system doesn’t help either. People go to all extremes to stop the other person from getting a better grade or a better job, in fact even a better friend. Effect, no respect or gentle feeling for others since they all are your competitors before being anyone else. Sadism is the art which people acquire automatically, taking extreme pleasure in every small thing that can cause even the slightest of pains to the other.

I do not know if these changes are found only in an IIM or only in a fully residential course or are these just a common phenomenon with every MBA course. What I really know is that, there are not many friends out there, if you can find some you are a very lucky man. People believe that the only way to be on top is via someone else’s head. I believe that a B-school teaches to be shrewd, unkind and diplomatic besides the other never ending boring theories and may be these are the learnings which will ultimately matter in your adventures when you step into the corporate life.

Hustling and jostling with these side effects of MBA, I still think I can finish off my MBA. Just think of these as the side dishes in a multi course meal; “they add to the spice of the meal” and you have a totally new perspective of the things J.

The next 1/6 of my MBA (total 1/3 )

Here comes the account of my adventures and learnings (pun intended) over the course of completing the next 1/6 of my MBA. It may seem like a sequel similar to some stupid never ending Ekta Kapoor soap, but hey there is at least one difference, this doesn’t start with a K.

 Coming back to the main plot of the story which is to crisply narrate these 10 weeks as they went by like a whoosh (not the pet name of a classmate at IIMK), it would be totally unfair if I don’t give due importance to the biggest extravaganza any MBA student experiences during the course called summer placements. Every B-school organizes it and every student has to grab a place to intern for two months. They say it is an integral part of an MBA and enhances learning giving practical and real life learning beyond the shallow books and crappy assignments but as I went through the process I found the process itself so rich that it itself is enough to teach all virtues supposed to be taught by the internship. Not wasting any more time describing this circus since I have already given an elaborate account in an old post here, let me get on with things beyond summer internships.

Continuing on the steep learning curve which you started climbing in the first term, you learn more jargon. Your talks become more gassy and lesser in substance. If you could speak for 15 minutes on nothing in Term 1 now you could add 15 minutes comfortably to this. This term the best possible subjects which enriches your jargon vocabulary hugely are OB2 (yes, it is back again) and Business Ethics (sexy, funky name). OB2 is all about learning about organizational culture, structure, functioning and everything which has the remotest linkage to an organization. It starts with teaching what an organization is and continues to pop new terms like differentiation, integration (nothing at all to do with calculus you morons), horizontal, vertical (again no geometry in this) and many more 2 by 2 grids, only that this time they classify organizations instead of individuals. At least they are more sensible this time since organizations are at the least non-living. I was amazed to learn the linkage between the technology used by an organization and the structure followed by it, and learnt how the structure influences the culture of an organization. Fellow students were brain-washed that whichever organization did not take a bottom-up approach (I love doing it, though in a pub!!) and indulged in a non-participative mode of decision making is the biggest culprit in this civilized society. Just imagine workers and laborers running a manufacturing facility where the average education standard of these people is senior secondary at the best.

The best possible course any MBA student can encounter is Business Ethics. I can say this on the basis of only two terms, and I guarantee it. Nothing can beat it; nothing can even come close to beating it. The amount of gas involved is overwhelming to someone who has a bad appetite for non-solid/liquid states. The course is intended to make socially aware and more ethical corporate citizens but in itself contain mutually contradictory statements like, “ethics works”, which basically means whatever works for you is ethical and is circumstantial. Wow, in one statement ethics redefined to suit everything which is workable. Many many frameworks grace this course too as this basically is a spoilt, younger sister of OB. People doze off in the class listening to the scintillating intercourse of spirits roaming freely in the classroom, and the best thing, you need to write about the learnings of the course in the exam for 3 hours. People who ran out of gas during these 3 hours of “who is the biggest gasser competition”, are labeled as unethical students with a D grade to shine boldly on their grade sheets.

More economics was bombarded this term with many more curves, revolving again around demand and supply, and many more theories more than enough to give goose bumps to poor souls like us. But still it was a course which looked sane, sensible and logical. Accounting came in a more horrifying disguise dressed as Cost Accounting which made students search frantically for cost drivers every time they see an empty wallet. 100 types of costs made lives hell of already accounting scared people. Corporate finance was one beautiful course which added tangibly to my knowledge database. I actually have started understanding markets, shares, bonds etc. The most beautiful concept was present value or Time value of money which somehow fits itself snuggly in everything which you can lay your eyes on. A decision to do an MBA can also be quantified!! Now that’s learning, isn’t it?

Other intangible learnings which can be termed as side effects of an MBA like intolerance, frustration and back stabbing will be dealt in a separate article for it deserves much more air time than a paragraph at the end of some other article.

This time around I am not that fearful of going home in the company of more civilized people since it’s the second time and I have learnt how to keep my jungle life separate from normal human life. I no more use jargons in day to day conversations hence don’t have the fear of being termed, “Not fit for civilized society” by my loved ones. The girl whom I talked about in the last article is no more in pursuit since the market wasn’t pure competition after all.

I would end by reiterating, “I love being an MBA student”. The reason also remains the same, to complete the remaining 2/3 of an MBA. I have become so dexterous in dozing off in class sitting at the last bench that I count at least one hour extra when I plan my sleep every night before retiring which helps in sneak in an extra hour of movie watching and enjoying myself. Long live an MBA course J and hopefully investing in an MBA would be as profitable as investing in mortgage and junk bonds.

The Curse of Mediocrity

A recent discussion over a stupid 10 marks quiz being held again on the request of some students who couldn’t score well in the first quiz triggered this debate which I am going to elaborate with some more dimensions added to it. To summarize the entire debate which lasted for 2 days and died its natural death, let me just write that it was a debate between meritocracy and mediocrity. Some people might take some offence on this statement but, doesn’t matter to me.

 The love for mediocrity is not new in India. It started the very day reservations based on any factor were introduced in education, employment or any other field. Don’t confuse me with someone who is not in favor of giving equal chance to deserving but deprived section of society, what I am opposed to is the wastage of these chances over people who are neither deserving nor deprived. Economic reservation is justified but I am totally against the concept of caste based reservation. Somebody doesn’t become eligible to sit and talk with an intelligent person just because he/she is from a particular caste or tribe. This system has been grossly misused. First, the father was given reservation and he became an IAS officer, then the elder son became a doctor based on his caste and now his younger brother wants to reuse this to get into an IIM after wasting an engineering seat at IIT. By no means does he or his brother deserve this since they were given all possible facilities to study during their schooling. But they are given the chance and the seeds of mediocrity are sown which promise to pollute the entire system in the long run.

The second factor for mediocrity comes from the shoddy and “chalta-hai” attitude of people around. People are not ready to take responsibility for their actions. But they all want equal rewards as if the person who puts in efforts and takes responsibility is a fool. When somebody deserving wants to assert his/her right, beautiful words like selfish, perverse and self-centered etc etc are used. I want to ask one question, who stopped you from following the paths of the so-called selfish person at the first place? If he/she can do it, why can’t you? Are you not capable enough? Or were you so lazy that you didn’t care to think about the outcome in advance? If yes, then you are neither lazy nor casual, you are simply a fool fooling yourself and none else. You may get a second chance here since it’s just a training ground, but believe me mate, life doesn’t give second chances. A person who is better will always be better than you, he will always think ahead and foresee the consequences while you may be busy boozing around living in your own sweet dream world where everything works as you want. It doesn’t happen this way, and I pray to God for it to never happen this way.

Third factor is over emphasized love for social service, society and feeling of benevolence. These are noble feelings and should not be used for the sake of using them. Be benevolent to old, be kind to those who are hurt, be generous to the needy ones but be equally harsh to undeserving people. I don’t believe in the theory of “God made all equal in terms of thinking power and self control and deserve equally”, even if He did, the chaff is separated from the wheat very early in the life. People going to same school end up very differently, one may be a billionaire industrialist while the other may just end being his employee. What caused the difference, they both started together? The difference lies in their dedication, commitment and self regulation. One of them took responsibility of what he did while the other waited for somebody to feed him thinking that it’s the other person’s duty to feed him. Again, this doesn’t happen in real life. A person who feeds always remains superior to the person being fed.

I don’t know why people are so averse to hearing that whatever somebody does is for himself and for no one else, however disguised the actions maybe. Somebody who has put in many nights and days’ hard-work to setup a factory wants returns. He doesn’t care about the employment generated or the contribution to the nation a bit. Go and ask Ambani or Tata about why they started their empires, I bet on my life if they give the answer you want to hear. Nobody does anything for others for free. I am not talking about saints or God who are different; I am talking about poor mortals who are driven by desires of food, love and power. If somebody is in the illusion that the world will be generous to a lazy, irresponsible and undeserving bum, he is doomed for his life today or tomorrow.

I don’t know how many of you have read Ayn Rand but will like to say that thinking about yourself and your good is not perverse. What is bad is doing the same on someone else’s expense. Putting in hard-work to achieve what you aspire for is not being selfish; in fact it is the other way around. If you believe that someone else should come and give you what you want, then it is being selfish (you are living in a fool’s paradise is a different matter altogether).

My sincere request to everyone; think about what you want, try hard to achieve it and most importantly learn to take responsibility for your actions accepting failures on the way. And, there is no harm in thinking about you first!!!

Disclaimer: All the views are personal and not meant for anyone specific. It would be an utter misfortune if some people take it personally and feel offended.  

Summer Placements @ a B-school: An annual circus

An annual circus that is organized in every business school which attracts the participation of many of the ringmasters from the corporate world to hire some musketeers for performing the same jugglery at their private circuses is branded as summer placements. But a circus cannot be organized without thorough preparation and planning else the ring masters might be displeased with the current lot of monkeys on sale.  So let me (a monkey) take you through the preparations which may put a wedding planner to shame.

 The preparation starts well in advance for the annual ritual of selling raw uncooked pieces of meat packaged as delicacies to hungry customers. The poor souls, the first year students, are asked to read read and read. Read about this, read about that, read about everything under the sun. Forget about academics, forget about personal life, forget about extracurrics, and some people do forget even sleep, food and other Maslow’s basic needs. They are told to mug up ready responses to clichéd questions like, Why finance/marketing/consulting? They are actually taught to lie about their ambitions, career dreams and even why are they alive. A “tell me about yourself” question becomes so difficult that it requires 100s of hours of coaching from 10s of people, 5 out of these 10 don’t know anything about their tomorrow themselves is a different thing altogether. So this process continues for a long time, junies are threatened repeatedly by senior musketeers who have gone through the same process of hire-purchase last year. A perfect example of Knowledge Sharing!! This entire process reminds me of annual festival of Baqrid, celebrated by muslims, wherein they feed and maintain a goat for one full month so that when it is slaughtered, better and more meat is obtained.

So our scapegoats are ready with impressive CVs to lure the best ringmaster. They all purchase nice costumes for the big day. The first step in the actual sale is coordinated by some internal ringmasters fondly known as PlaceCom members, who make sure that every monkey is looking like some imported kangaroo and every third grade ringmaster gives an impression of an expert in his field.  The ringmasters come with a jazzy presentation to lure the best monkey. Isn’t it nice, monkeys luring ringmaster and ringmasters luring monkeys!! Nobody knows who the smarter monkey is though. The masters indulge in a self appraisal mode crossing all lines of modesty, telling about the quality of food in the office canteen, the gender ratio, the cleanliness of toilets etc. After this blabbering comes the next part of announcing the names of shortlisted monkeys which suit the requirements of their circus. After all they can’t ask every monkey to jump for the same height. The rejected monkeys go back to their trees, some become sad, some cry, some shout, some drink and some simply go to sleep.

Meanwhile the shortlisted monkeys are taken to a separate chamber for further screening. The most dreaded part is called Group Discussion where the true colors of these monkeys come to play. Monkeys who ate together, smoked together now become enemies; they fight badly for a bullshit job in a bullshit place. They shout at each other, frown at their friends and show invisible middle finger to all around them. Hunger makes people do strange things. After this bullfight some more monkeys are sent home. The remaining monkeys are now interviewed and now it’s the turn of the monkeys to put modesty and humility to shame. Every answer is exaggerated to its limit; a simple thing is blown out of proportions and presented. Glib liars rule and honest monkeys lose. The sequence of lies continues till the ringmaster finally decides on the best monkey to dance in his circus. He goes back happily and I don’t think I need to mention about the joy of the monkey involved. Finally he is proved a superior monkey and may get some attention from the opposite sex. He is proved to be more adept in lying than others, he is proved to be a decent crook, and he can surely pull off a double face more easily than others.

This process of hire-purchase continues till all monkeys get a ringmaster. During this time, monkeys jump from one selection tent to other, changing their career choices in the flight time. They vomit the good things about a circus in front of that particular ringmaster, a sure shot formula for selection. The process is hard and takes a toll on the weaker monkeys; they get disheartened and lose hope, thereby losing their confidence to jump higher. A vicious circle sets in, a less confident monkey is more likely to fall down and a fallen monkey loses more hope. But for the rescue of these monkeys come forward the internal ringmasters. They make sure that finally every monkey gets a place to jump and dance. In the end we have a bunch of happy and gay monkeys who now believe that the world is theirs.

Now that the process is over, when I look back and ponder, I wonder; is this what is important in life? A 2 month internship which is less than 1% of our lifetimes suddenly becomes the end of the world. Why don’t we understand that nobody can change the world in 2 months, neither can we do it nor will we be allowed to do it? So then why this chaos, why these lies, why these back stabbings, why these heart breaks, why these nervous breakdowns, why this shameless begging, why these nonsensical comparisons? Is it only to show you are better of the worse or to be more precise, worse of the better? I don’t have an answer, if someone has an answer, please please do enlighten me. I would be indebted to you and who knows; I might come for a dance and jump session at your tree J, that too free of cost.

Disclaimer: The views aired in this article are the personal views of this monkey. No offences are meant towards other monkeys, ringleaders and circuses for sure. After all, I also need to dance and jump in a circus, and I can’t afford to piss off my ringmasters. 

The story of my 1/6 MBA

Now that I am a 1/6 MBA, I think I am in a position to comment about my experiences over the last 10 weeks or so. These include lessons learnt, mistakes made and more importantly assumptions changed. But all these come with a disclaimer: These are personal experiences and might not hold true for everyone everywhere.

Everyone asks what you actually learn at a B-school. I too never used to take a business school more than a branding machine producing high reputation graduated to be swallowed by starving corporate to show “We hire from IIMs” or “We have XX IIM graduates” on their corporate brochures. But an MBA does teach you many things, some explicit and some implicit. It changes your personality and way of thinking. To start with it teaches you the importance of punctuality. You won’t want to miss your attendance or be thrown out of the class for 5 minutes extra of sleep when you know that this will hurt your grades (everything in a B-school is linked to grades, funny isn’t it?). Second explicit lesson you learn is to put in the best you can in everything. Relative grading makes sure that you are up on your toes always, so you slog till 4 in the morning preparing for some stupid marketing case for some XYZ firm or some assignment for some freaky professor. Now here is where dilemma creeps in. Its 4 in the morning and there is a class at 9 in the morning. Sleeping now will mean a probable attendance in the class but at the cost of some penalty in assignment. A quick cost benefit analysis (this is one thing you do every now and then without being taught in the class) and you realize that you can always sleep in the class (there are tricks for it, of course). So you continue and complete the assignment till 5 or 6. Other explicit learnings are to follow rules and respect the limitations, treat the professors like Gods (a fallback of IIM autonomy) etc etc. But I think it’s the implicit learnings and attitude changes that are more interesting.

You start walking, talking, thinking and eating MBA terms and jargons. A simple TV advertisement which till 3 months back was a nuisance now becomes more important than the cricket match during which it is aired. You start dissecting the ad in terms of product, place, place, promotion (affectionately called 4P). You look for brand dilution, brand extension, product enhancement blah blah. So when Crocin launches pain killer, you jump off the chair crying “brand extension” and when Pepsi comes out with new “My Can” you scream at the top of the voice “packaging strategy”. You understand that the Amul Macho ad thrived on the shock value of the message and launching Scorpio as a car instead of a SUV took a hell lot of analysis.  That was marketing for you that come packed nicely in a huge bulky book called Kotler. Best thing about marketing, books don’t help you any ways, it’s all common sense.

Next subject to creep into an MBA’s daily life is OB (organisational behaviour). You start analysing everyone and their behaviour trying to put each and everyone in one of the umpteen 2 by 2 grids classifying every possible action of a human being forcing to change the notion about human beings as species having complex behaviour. Maslow becomes your God father and you gleefully apply his theory everywhere. So when someone is hungry, you deduce that “his primary needs aren’t fulfilled”, this you never did that 3 months back.

An even funnier subject is Economics. The subject has so many assumptions that you begin wondering if there is anything practical about it. Every theory start with so many disclaimers that it can put a mutual fund offering to shame. As demand curves exceed their demand and supply curves never short of supply, you begin wondering the market dynamics behind them. Is it a monopoly or a competition? Never mind, it doesn’t matter. Just another course out of 100s of them. At least its better than Business communications which starts with the assumption of all of us being illiterate and stupid. How to write an email, a letter etc is taught with the help of set rules. It will make all great writers commit suicide if they hear there are well defined rules for writing English!! I wonder if I am following them while writing this, he may fail me if he reads this J

I am dreading to go back home and talk to normal people with these implicit learnings. I may start deciphering an advertisement on the dinner table and my parents might take me for a madman. Or worse, I might try my hand in defining the behaviour of the girl next door in some of the grids of OB coupled with a demand-supply analysis only to discover that my assumptions about the market being a pure competition was wrong. This might lead me for an image changeover coupled with personal selling and trade discount along with referent power of my mother which might not be so easy. So you see, being an MBA isn’t that easy as it looks like.

But the bottom line (courtesy, Accounts), I love being an MBA student!!! Have to say this to complete other 5/6 of my MBA happily. It all depends on how good you are at filtering stuff and how dexterous you are in dozing off in the class J

PS: I don’t know which style of persuasion I used in this article. I don’t know whether I lived up to my brand image. I don’t know if you will ever try this product again (repeat value, that is) or if you liked it, was it problem solving or transformational or informational or some other appeal. Forgive me if you can, for I am a troubled soul confused between marketing, OB and economics, trying to make sense of these mutually exclusive theories in tandem. 

Team Work, Free Riders, Parasites and Leeches

The most overused phrase in corporate world is team work and team play. All organizations look for team players and only they are considered a good fit in an organization. Personally speaking I also believed in this concept till a certain extent because this allows proper work distribution and all that. I should say that this belief of mine was shaped by the people I worked with as a team in my corporate career. I had not worked with different kind of people till now who behave totally arbitrarily and are very interesting and simultaneously very irritating in their behavior.  

 An MBA teaches you many things, some explicit and some implicit. Learning from people and learning about people comes under the implicit part. 90% of tasks and assignments and tasks in MBA are group tasks which are supposed to teach you how to work as a team and cooperate. I don’t know if the primary objective behind these group tasks is to learn team play or to learn how to tackle non-contributing and negatively contributing team members and use this learning in your career. Before going ahead, let me explain the psyche of these two species in some more details and introduce one more category. 

Free Riders: Non contributing members who are a liability on the remaining team members are affectionately called free riders. Quite an apt description I must say. These are people who believe in the theory of symbiotic living but only partially. They will stick on with you, contribute nothing, take the benefit and move ahead. Their focus is solely on how not to come in limelight and how to hide their incompetency. They do not show any sense of self consciousness or shame in blatantly copying other’s work. They believe that it’s the duty of others to feed them as they themselves are so much incompetent. A true believer of social theory of justice they are: Distribute not in proportion of competency but of need.  

Parasites: Good thing about free riders is that if they don’t contribute, they don’t either disrupt other team members from working (incompetency is the reason), hence others can work and feed them considering them necessary baggage. Now imagine a case where some people don’t contribute and simultaneously spread negative energy in the group. These can be people who will work as well but will make sure that the team never works as a team. They try to show that others are wicked and shrewd and want to steal the credit which only they deserve. Everyone else in the team is a predator for them waiting for any opportunity to eat their hard work as if they are the only one who can contribute. Contributions made by others are insignificant and irrelevant for them. 

Leeches: The third kind of people you come across are those who are a combination of free riders and parasites. They dont work but keep on lamenting about what others are doing or have done. These act as critics to your work without knowing a bit about it. They try to show off about their knowledge but from the sidehelm only. They never enter the arena but try to make the rules of the games. Very interesting characters infact!!

Now why am I writing about people and their psychology is a question which can be asked. Reason: 2 months into an MBA and I have met and worked with all kinds of people. Sometimes it becomes so much irritating when you work and others either screw up your work (as a team evaluation) or others take credit for whatever you have done. I am not saying that everyone knows everything and ignorant and non-knowledgeable people should be ousted totally. What is more important is the will to learn and contribute in whatever way one can contribute to the team task, how much ever insignificant it may be. We all are here to learn and no one is perfect, what matters is how much are we willing to learn and add our bit to the team. Why should 3 people carry the burden of 3 other almost dead people on their shoulders when all 6 of them are equal and have same pressure to perform? Why shouldn’t they shrug and throw these people without caring for them? The reason can be only one, their own social life and attitude towards others. I don’t believe in social responsibility of carrying dead weight over my shoulders, but still I do it. I am ready to feed poor and helpless beggars who cannot do anything but not rats and cats who will tomorrow bite me if need be. Either they should publically declare that they are incompetent and need social help in order to survive or they should try to behave like respectable students at par with others.  

This might be a controversial topic to delve into but meritocracy and hard work is what I believe in. If all are considered equal, they should earn this status and not take this for granted. If they don’t, others have all the rights to consider them inferior and try to dominate them. Respect cannot be enforced; it can only be earned by your behavior and deeds. So try to earn your own self-respect and the world will respect you.

 

Why An MBA???

This is the question which may have very well costed me a seat at IIMB. This is the question which most of the people preparing for their B school interviews/admission essays dread answering. This is the question which maybe the most clichéd question in any interview. This is the question which all aspirants prepare the best yet this is the question which nobody can answer perfectly.  

I may have gotten an admission to one of the IIMs, I may have worked for 2 years but I am still not very sure about the answer to this question. What I dread is that even after doing an MBA I might not be able to answer this question. And this fear is amplified after I read the book “Snapshots from hell, The making of an MBA”. The book is about the first year at Stanford Business School, a school among the top 3 business schools worldwide. The book is about the struggle to cope up with the academic rigor, to get used to the cut-throat competition, to worry of not getting a job and more importantly the struggle to survive. And finally it also tries to answer the question and it would be a lie if I say that I don’t agree with it. We will come to the answer later. First of all lets see what an MBA is and what an MBA actually is. 

So what does an MBA from XYZ school provide the graduates with? Is an MBA more of a fancy degree than some real stuff? Is the school matters more than the education itself? Will the graduates end up being at the same position 5 years down the line had they played Golf and boozed instead of learning how to run a company at the school? Will it be fair to say that all a business school does is put a higher price tag on its graduates? The answer to all these questions is YES and NO. What I feel is that an MBA is both. It makes you sellable, it creates demand for you but that demand is also right. An MBA student learns 100s of different things during the course of 2 years. He is among the crème-de-la-crème when he enters a prestigious business school. He is already one of the better brains around, so he deserves all that he gets after his graduation, every penny of it. But it is also true that an MBA is a bit overrated. It’s the experience and sweating out in the corporate battlefield which ultimately separates chaff from the wheat. Its just that the odds of an MBA being the grain are higher than being the chaff. 

Coming back to the question, Why MBA. I still don’t have an answer but I would like to quote from the book itself.  It diversifies the outlook of an individual, forces people to learn about everything ranging from IT to OB to marketing, gives people poise and self-confidence, and more than everything gives the power of networking. The contacts made during the two years last lifelong and reap rewards continuously. A business school gives an opportunity to mingle with bright, business minded classmates and to give serious thoughts to all kinds of business careers. A business school doesn’t take anyone to paradise; in fact it teaches that there isn’t a paradise.

So now, is a business school worth the effort and the investment? I have already taken a decision and till now not repenting it. So, decide for yourself…