Friday, December 4, 2009

MBA class on by Mr RB

Mr RB is a very passionate, and nice lecturer, he has got a nice aura to it, i like the way he teaches, injecting humor in his talks. Whilst talking i left out in the humor i must pay attention.

This guy does golf 4 days in a week, and only attend U one day!! because he knows he's good, doing a lot of research

Looking at STEEP of itself is not enough, end scenarios should entails a anything, anything not specifically one categories, it starts us off, not to end us with.

I personally think Malaysian are mainly comprise of people who can't think, it's not an insult, it's a frustration.

THis is the time for us to be 'wild' in our thinking, 'wild but plausible' - RB

The way i look at this EBE, I will not study and classify things, I am open minded and not trying to take all ideas from everyone spick and span.

RB generally scorn at the book Sixth Sense not of its ideas and intelligence but at its delivery. It was dry and unappealing to unintellectual minds. He instead recommends book by Peter Swartz " The Art of Long View" which writes along the line of the Sixth Sense but with more interesting read. Peter Swartz summarize scenario planning in steps below:

    Step One: Identify the Focal Issue or Decision (e.g. "Shall we increase, reduce, or eliminate direct mail promotions?")

    Step Two: List the Key Micro-Factors Relevant to that Issue or Decision (e.g. budget, nature of offer, mailing list, response rate)

    Step Three: List the Key Macro-Driving Forces (e.g. competition initiatives, demographics, national economy)

    Step Four: Cross-Rank Factors and Forces in Terms of Importance and Uncertainty (i.e. priorities and relative predictability)

    Step Five: Select Scenario Logic (i.e. formulate a single-axis spectrum, dual-axis matrix, or three-axis multiple within which to organize Factors and Forces for up to three scenarios)

    Step Six: Flesh out Scenarios (in as much detail as possible)

    Step Seven: Identify Probable Implications ("What if?")

    Step Eight: Select Leading Indicators and Signposts (to identify which scenario now seems most probable)



What makes a thinker thinker?

George Soros was a student to Sir Karl Popper. Go to ft.com to hear Soros's lecturers.

what differentiate a fake and a genuine thinker?

At least he gave disclaimer before telling humor.

Now he talking bout Samsung founder, Lee Byung Chull, every street is paved with gold, everywhere i go I see business opportunities.

3M stands for Minnesota Mineral and Mining - POST-IT is created from failure.

RB is very inspiring

I think I live a life with many failures, many crisis in my life, but I pulled through, sometime i want to die, but i got strong this time because of my friends, and my love. will i pull through without them?

Black Swan(The Impact of the Highly Improbable) Nicholas Naseem Khalid, danger of linear thinking, and falsification(all it takes one idea of different to disconfirm) Bertram Russell's Turkey story.
Black Swan talks about people inherent inability to ignore things that they do not know, generalizing ideas that almost always broken into inconsequences. We never know Google could be created, we thought 1000 white swans that we see will never eventually find a black swan. This book teaches you how to get rid of this stupid tendencies, cause that's where growth and innovation and the next millionaire like myself would be created.

OSK made money, intitutional trading during the financial crisis.

Some people i talked to have not even started their MM assignment???A and S

Please go to the next page.....

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