Hectic days. I was in Oman for a presentation with a British company (I had so much fun, they are great and the experience was great, maybe one day…), and then a dozen days in India (trying to move forward the management centres for Delhi’s airport). I did also manage (although I don’t know exactly how) to finish two more assignments for my MBA, closing my second stage.
The biggest one was the Integrated Management Project: an assignment that spans three subjects: Global Business Environment, Strategic Direction and Corporate Finance and Governance. They must be all taken into account and integrated into one big assignment, having an holistic view and approaching the analysis through different angles. It’s about tackling some challenge for your company… analysing the context, creating strategy by means of thinking strategically and assessing the value that each strategic option is going to add.
In my case I analysed a proposal that Ryanair made to Barcelona’s Airport: establishing one of their operational bases there in exchange for a drastic reduction in fees. Studying the case took me lots of hours but it was really interesting as I began with a very specific point of view on what to do, influenced by my preconceptions and, through the systematic application of models and sound reasoning, reached very different conclusions. The intellectual journey was more than interesting. The conclusions as well. I could finally prepare a clear strategy for the airport while identifying the issues that must be changed internally. (Sorry I can’t publish my conclusions here publicly). The exercise was really useful as it provided me with the chance to reflect over my previous project, something we tend to obviate as we go straight ahead into new challenges.
This means I’ve completed the “Managing the organisation” and “Making business choices” stages, and I’m now facing the third stage “Making a difference” which includes Leadership, Reputation and the huge, scary “Management Challenge”. My proposal for the management challenge has been already accepted so I’m getting back on track. (more info about my management challenge quite soon)
Perfection would be great but, when you’re finishing assignments in airport lounges and while flying ten kilometres high, while living an hectic life, well… perfection means asking too much. My engineer side tells me to find a balance between time, cost and quality, a compromise to move forward. My economist side tells me to focus on substantiality, to choose the right granularity so that the figures are meaningful. That’s what I’m striving to do right now.
In those circumstances, a kill is a kill. Let’s move forward 😉