Posts Tagged ‘TMMBA’

Perspectives from TMMBA

Monday, April 22nd, 2013

Author: Kengo Baba, TMMBA Class of 2013

TMMBA opened my eyes from the first month of school experience and every month has been a fresh learning opportunity although it can be tough and painful sometimes. We got exposed with a room full of energetic and experienced class mates to share their own perspectives and approaches to solve the problem or generate new idea.

We all knew to some level in our head that everyone sees the same object from different angles and have different opinions. But we do not often get to actually experience the formation of common team’s point of views from various view points from peers as we discuss wide range of business management subjects outside of work environment with a level of hierarchy structure.  Some discussions made us looked at other in disbelief of grossly different point of view. Who is right, who is wrong?

When our point of view significantly differs from others, the first reaction is to tie our own historical knowledge data point to justify your view to defend our point of view. But after exchanging and sharing various point of view and opinions from intelligent peers, each of us realize that other peers’ point of views also make sense and they are not necessary wrong.  The answer is not right  or wrong.  “It depends……”

Unlike engineering study where there is clear right or wrong answer, we learned soon learned that most  of MBA class answers are “It depends…..”.  Depends on what?  Well, it depends on so many things that one person cannot cover all angles. One individual may not effectively come up with the best answer from limited point of view of his or her knowledge from historical data point and intuition.  Realizing that there are so many ways of looking at the same thing and sharing various views would create refined collective team point of view which covers many more angles of dependencies.

Some of those lengthy and heated discussions that I recall were the greatest learning opportunities that I would remember for a long time, although I may not remember Modigliani and Miller Theorem. TMMBA provided me the practical learning lesson to effectively generate solutions and new ideas from peer’s different perspectives that I cannot possibly come up with by myself.

TMMBA – A Transformative Experience

Sunday, April 14th, 2013

Author: Ganesh, Editor-in-chief: Anu, TMMBA Class of 2013

I am passionate about building great technology products. After moving to the US in 2010, I started enquiring about b-schools in the area. TMMBA program stood out because it is fast-paced (18 month program) and the emphasis is on technology management. I signed up to visit couple of classes and after attending a Finance class and a Macroeconomics class, I decided this was the right program for me. However, I was really skeptical about my ability to manage the program and a highly demanding job at Amazon. It didn’t help when a few of the TMMBA alumni confirmed my skepticism. In order to convince myself that I could do it, I came up with a two week challenge for myself – getting a good score on GMAT with only two weeks of preparation. The fact that I am writing this post now might give you an idea whether I met my goal.

My wife, who works for Microsoft, shared similar career aspirations and felt TMMBA was the right program for her. After some thought we decided that it was smart to do the program together. Firstly, expectations were automatically set while we went through the same set of challenges together. One of us was not planning a vacation while the other crammed for an exam :-) Secondly, as the program progressed, we realized that learning was twice as much, mainly because we could discuss our points of view on topics ranging from personal finance to business strategy right at the dinner table. Some people might consider this extreme and they might be right. Our social life during the program was close to nil. Our close friends jokingly comment that we come out of our hibernation only once in 3 months (which is not completely untrue). However by doing the program together, we saved ourselves 18 more months of crazy hours. As our economics professor would put it, there is something to be said for opportunity cost of time.

Based on our first-hand experience, I would highly recommend TMMBA for couples who live and work in the Greater Seattle Area, and are brave enough to attempt it. Almost 17 months into the program, we think our decision to do TMMBA together was spot on. Although it was challenging to juggle personal, professional and student lives, career-wise, both of us are in a much better place.

The MBA program is so well structured that it has enabled me to build a mental map of approaching problems from various angles such as strategy, marketing, sales, accounting, finance, tax, legal and so on. At work, I am now able to contribute at a strategic level because my perspective has broadened significantly through interactions with amazing professors and smart classmates. In my opinion, TMMBA is creating a small but growing group of unique professionals who can analyze every article in the “Wall Street Journal”, talk “Blue Ocean Strategy” and at the same time create innovative technology products. The program has transformed my personal and professional lives forever in ways I never imagined possible!

It will change your life forever!

Saturday, April 6th, 2013

Ayman Kaheel,  TMMBA Class of 2013 

A few years back I met a friend of mine after a long period of not seeing each other. My friend told me he had just finished his TMMBA at UW. “Did you find it useful?” I asked, his answer was “the world is no longer the same”. After my first quarter in the TMMBA, I understood why he said what he said, because the TMMBA student undergoes a mental change with every subject that he studies, such that he will never think the same way again.

I have a strong engineering background both by training and experience. I came to the TMMBA program thinking I will learn some business tools that can help me grow faster in my career, and boy I was wrong! The TMMBA program gives you much much more than some business tools. The TMMBA reminds me of the movie “Vantage Point” that tells a story about an event as seen from a different set of vantage points through the eyes of different characters. In the same way, the TMMBA tells you the story of starting, running, growing and selling a tech-related-business from  all different angles.. Each course you study in the TMMBA  puts one piece into the puzzle,  be it accounting, finance, leadership, economics (both micro and macro), marketing, strategy, entrepreneurship, and list goes on and on.

When people now ask me about the TMMBA program, I say “it’ll change your life forever!”

If true wealth is discretionary time, how rich are we?

Monday, February 11th, 2013

Sarah McCaffrey, TMMBA Student, Class of 2014

After reading Million Dollar Consulting by Alan Weiss, I considered a point he reiterated several times as it applies to the TMMBA. In his book, Weiss identifies his true measure of wealth: discretionary time. The idea is that wealth should not be measured by a bank account balance, a stockpile of resources, or the difference between monthly income and monthly expenses. Weiss asserts that the only way to measure our personal wealth is by measuring the amount of time with which we can do whatever we like.

MDCImage courtesy Amazon.com

Executives making seven figures, who work eighteen hours a day? Not wealthy. Small business owners who set their own hours and do what they love? Filthy rich. Parents who want music lessons and summer camp for their kids? That depends. If we must budget so closely to reach our goals that we sometimes require an injection of overtime pay, extra cash from babysitting or listing items on Craigslist, we may be doing just fine, but we are not rolling in discretionary time.

Assume that Alan Weiss has it right and this is the way we should measure our success: what does that mean for the TMMBA? Now that Class 13 has adjusted to the rigors of the program, how might we apply this concept to our new reality?

Working toward the TMMBA is a major investment. Not just of our finances, but of our wealth… our time.

clock

Image courtesy Wikipedia Commons

As we invest our time in the TMMBA, what type of return on investment will we see? Remember, we’re still thinking in terms of wealth as discretionary time. For the hours that we put into the program, what kind of hours will we get back?

With Immersion Week and half of our first quarter under our belts, I can already see some of the time coming our way. As we continue in Financial Reporting and Analysis, I see a future in which I do not have to chase down an accountant, or plug an income statement line by line into a search engine to make sure that I understand what it’s telling me. I look forward to seeing how much time I save in future workplace conversations as our classes in professional communications, negotiations, and ethics prompt me to communicate exactly what I think, as opposed to hacking away at my point as I struggle to carve closer and closer to what it is I really mean but can’t quite get across. Finally, the knowledge we are accruing, every lesson we take home, will result in days when we have the answer to a problem, days without hesitation or desperation.

I see the TMMBA paying dividends.

International Study Tour – Tiananmen Square and Forbidden City

Wednesday, May 9th, 2012
Guest post by Kathleen Helal, Class of 2012Tiananment Square

During our Beijing visit, a bizarre storm came in and blew out all the smog, dusted the city with snow, and cleared the skies for a picturesque visit to Tiananmen Square and the Forbidden City. The day began with a walk through one of the largest public squares in the world. Tiananmen Square is rooted in political history, from its origins as a monument to the Communist Party to a number of political events and protests. Many of us remember the protests of 1989, which resulted in the death of hundreds of protesters, bans on foreign press, economic sanctions, and widespread arrests.

It is hard to capture in a photo how large the concrete square is, but I can say that there are no tall buildings to shield the cold wind! There is also an enormous flat screen in the middle of the square, evoking a tourist-like Times Square feeling. Vendors wander the square selling souvenirs and much needed earmuffs. As we huddled for numerous photos to stay warm, we walked over to the Forbidden City.

Luckily, commoners (such as MBA students!) are permitted to visit the Forbidden City. This vast complex of buildings is impossible to see in its entirety. It contains numerous palaces, halls, museums, galleries, temples, and gardens.  As the imperial palace and the home of emperors, it was also the political center of the Chinese government. In China, we learned quite a bit about harmony and balance in society and culture. The imperial family and those who resided within the walls enjoyed the life of luxury here, sheltered from the conditions of the common people. This would eventually cause their downfall. It is interesting to draw parallels between this and what we see in the corporate world today. When high-powered executives isolate themselves from their employees (physically and financially), the organization experiences an imbalance.  Speaking of imbalance, do you remember the Starbucks controversy here? They opened a store at this cultural site, and had to close it in 2007. Seeing all this historical architecture and centuries of tradition and a meticulously planned site makes one wonder what they were thinking in the first place when they decided to open a Western TMMBA Students at the Forbidden Citycoffee enterprise here! (I will admit that a hot cappuccino would have been nice to have that day…)

Although it was cold and crowded, we managed to get through a number of the sections and emerge in tact! No one got lost in the mix. At least we were not the tour group in the matching Burberry knock-off hats! I am proud to say that our group did just fine without that level of coordination.

China misunderstood

Tuesday, May 8th, 2012
Guest post by Glen Jensen, Class of 2012

Before visiting China I generally believed what I’d been told by the US media. I was led to believe China was the great colossus untapped mega-market of 1.5 billion people. I was also led to believe the Chinese are generally unhappy and repressed by an oppressive government who wants to control their every move on the web.

We visited Motorola and this visit put the Chinese market into perspective. Using the cell phone market as a general indicator of the overall market size and strength. The total Chinese market is 1.5 billion the effective market is only 180 million as compared to the 200 million US market. This made the potential market for goods and services not seems so colossal.

What I found was the charter of the Chinese government is one of harmony, inclusiveness and stability. The safeguards put on the free speech and the internet are towards this aim. Although this is repressive to our sensibilities the motivation is not so “evil”. Because of this repression I have been led to believe that if the “Great Firewall of China” were knocked down the Chinese people would come knocking down the doors of Facebook, Twitter, Google and the like. However, from experience I found the great-firewall is more of a nuisance than a true blockade and any site can be viewed with only minor inconvenience. What was interesting is that nobody in the west mentions the following of Baidu and Sina-Weibo the Google/Twitter equivalents in the Chinese market. The Chinese people choose the product which is tailored to the local market and even when given the choice to adopt a US web-product they often prefer the local product.

If you are going to enter the Chinese market make sure understand the market and come with an compelling product tailored to the local tastes. If you come to the Chinese market with an incompatible product, don’t blame the Chinese government for your failure. I believe this is cause for the lack of adoption for Amazon.cn and the out and out failure Google in the Chinese market.

Singapore Slings, trishaws, and other adventures during city tour

Wednesday, April 25th, 2012

Guest post by Marc Brown, Class of 2012

We kicked off our international adventure with a Singapore city tour. We met our tour guide Lin at the hotel restaurant Ah Hoi, for a quick lunch before heading out on the city.  Our first stop was a boat tour on the Singapore River where we saw the bright colored buildings and boardwalk bars of the Clarke Quay area, followed by the high-rises of the Singapore financial district, and ending at the Marina Bay Reservoir and the new $6.3 billion dollar Marina Bay Sands Hotel and Casino.  We found out a few days at our visit to GE Water the significance of the river and bay in providing fresh drinking water for Singapore Citizens.

A number of us came back later to explore the hotel and it’s amazing rooftop deck and pool, but during the tour we only got a chance to take a quick look in the mall (which has an ice rink). The mall is a symbol of the high-luxury shopping culture that exists in Singapore.  Almost every major luxury brand lives in this mall and in many other malls in this small city-state.  The Marina Bay Mall includes the world’s only floating Luis Vuitton store (one of the five in the city).  During our tour Lin explained the “The 5 C’s of Singapore: cash, car, credit card, condominium, and country club” and the cultural importance of making an impression – we heard similar stories later in Beijing.

The weather decided not to cooperate with us and we got caught up in a big rainstorm, so we made some last-minute adjustments to our tour and headed up to the Jewel Box lookout at Mount Faber for a great view of the city.  The skyline really is impressive.  We followed that stop with a visit to the famed Long Bar at the Raffles Hotel where the Singapore Sling was invented (Singapore Sling = Gin, Cherry Heering, Bénédictine, and fresh pineapple juice).  We all enjoyed one (and in some cases a couple) of the yummy drinks until the rain stopped.  After the Long Bar we proceeded outside for a trishaw (rickshaw) ride through the Arab Quarter and Little India areas of Singapore, both representative of the mixed population of Singapore.

We returned to the hotel to change and for a quick breather and then hoped back on the bus for our welcome dinner at Jumbo Seafood.  There was still rain in the air but it was in the high 70’s so sitting outside in a tent wasn’t too bad.  We had a great selection of seafood (at least for the meat eaters) which was served on a lazy susan, a great solution for large groups.  We got to try a Singapore specialty, peppered crab – it was a bit too peppery for my tastes but the other food was quite good.  A nice cap to a great first day in Singapore!

Photo of Singapore's Clarke Quay

Clarke Quay from the River Cruise

Marina Bay Sands Hotel and Casino

Singapore Slings

Singapore Slings at the Raffles Hotel

Trishaw Ride

Trishaw Ride

Tianjin Economic Technological Development Area

Thursday, April 12th, 2012

Guest post by Sumedha Kukreja, Class of 2012 International Study Tour participant

天津经济技术开发区TMMBA student at TEDA during the International Study Tour

On March 19th 2012 morning, we took a 30 minute bullet train ride to Tianjin. TEDA is about 38 km away from Tianjin downtown. It is considered an important part of the Tianjin Binhai New Area.

TEDA stands for “Tianjin Economic-Technological Development area”.  It was established in 1984. TEDA is divided into 3 industrial parks: TEDA industrial park, Yet–sen Scientific and Industrial Park, and Microelectronic Industrial Park.

We were met by Jianning Li (representative for Chicago), Peidong Lin (representative for Dallas), and Yu Xiaoran (project manager for section of Europe and America).

Before TEDA was marked for development, the area was used to harvest sea salt. Most of the development has taken place in last 30 years. Motorola was the first company to set up a factory in this area. By the end of the year 2010, about 4870 foreign funded enterprises from 74 countries were represented. In the first 10 years there was 25% growth in GDP. In recent years growth has slowed down as the cost of doing business in TEDA has increased. As of the end of 2010, total investment in this area has been over $62.2 Billion. Progress of TEDA has been boosted by its superior geographic location. Its closeness to Tianjin Port allows it to have access to over 400 ports in 180 countries worldwide. Also, to the west is the Tianjin Binhai International airport, which is a major airport for the transportation of cargo and passengers.

Some of the major companies that have invested in this area include Samsung, Honeywell, Toyota, GlaxoSmithKline, Coca- Cola, KYOCERA Solar energy, and TOHO Lead Recycling. It was interesting that when Toyota set up manufacturing in TEDA, its numerous suppliers followed it to the area.

To promote TEDA the organization has set up offices in 9 locations around the world. In order to attract investors, TEDA provides “one stop “service for investment policy consulting and procedure consulting to projects approval. I was not expecting the transparency and fairness in legal system, which TEDA promotes.

To support the investing companies and to attract prospective employees, TEDA has constructed schools, university, childcare centers. Tianjin has 55 higher education institutes, from where 60,000 students graduate every year. TEDA has partnered with various colleges and technical vocation schools across China to build adequate Human Resource pool.

What struck me was the amount of effort Chinese government was putting in to attract foreign investment. Tianjin looked like a busy city with heavy traffic. Apparently the infrastructure is not able to keep up with the development.

Another thing, which was striking, was the smog and the high level of pollution in air and water. TEDA officials commented that their goal in near future was to reduce carbon emissions. To this end they are working with different international companies to promote environmental sustainability. They are making efforts to create a sustainable environment, but the effects are not yet apparent.

Overall, I felt that China has made deliberate efforts to promote economic growth through financial and economic support and the lessons learned in areas like TEDA are being applied to develop new areas.

GE – Singapore Water – Technology Centre at NUS

Wednesday, April 11th, 2012

One of the companies we visited in Singapore is GE – Singapore Water. The National University of Singapore (NUS) and GE launched the new Singapore Water Technology Centre back in June 22, 2009. This is GE Water’s first collaboration with a university in Asia-Pacific located on NUS Kent Ridge Campus with S$150 million (US $100 million) investment. The vision is to develop and test technologies in areas such as desalination, water reuse and generation of ultra-pure water for the semiconductor industry.

We wanted to capture a couple of things with the picture below. First, we had our picture taken with the GE logo outside the building as they don’t permit any cameras inside. The employees are very adamant about not letting anything leak out of this research center. In other words, this is a very secure environment to work in. It’s also a very hot and humid environment to work in! Singapore is located just one degree north of the equator. So the climate is very tropical. We were all soaked in sweat once we stepped out of air conditioned space.

The company culture

Our speakerwas Dr. Adil M. Dhalla, who is the director for the Singapore Water Technology Center. Dr. Dhalla has a master’s degree in chemistry from Indian Institute of Technology in Bombay. He earned a doctorate in chemistry from Cornell University in Ithaca, N.Y. Dhalla has co-authored 16 issued U.S.

We identified three major themes to take away from our speaker: innovation, global career growth, and global footprint.

Innovation – GE continues to innovate on products and services that solve big problems around the world. GE understands the global needs, both private and commercial for clean, potable water and is hard at work to develop ground-breaking solutions to meet those needs.

Global Career Development – We were excited to learn about GE’s heavy investment and focus on employee career development. This aligns with the GE case study we covered in the leadership class. Opportunities abound for GE’s employees that show promise and drive.

Global Footprint – It was amazing to learn about GE Singapore Water’s vision to produce clean and reusable water not just within Singapore, but wherever it is needed at a global scale. GE has offices, technology research centers, and plants on every continent. Adil showed us a current map of GE offices, and they covered the globe. They coordinate their efforts with video, phone, email, messenger – virtually any medium you can think of to stay in close communication. This allows them to pursue projects virtually anywhere in the world.

We were very impress with GE’s culture to innovate, ability to grow employees at a global scale and change the world with its product and services, and we thank Adil for his hospitality during our visit

Three and a half days

Friday, February 11th, 2011

Bhaskar Dutt, TMMBA Student (Class of 2012)

Class 11 is almost halfway through the first quarter! Many of us have been out of school for a decade or more (drat, now I’ve made myself feel old), so getting into the groove of attending classes took some work. It’s been an exhausting but exciting ride so far and I’m really looking forward to the rest of it!

Since this is my first TMMBA blog entry, it probably makes sense for me to talk a bit about our first taste of it – the orientation experience. We had an intensive three and a half day orientation session in December, after which we got about a month off before classes started in earnest early in January. Those three and a half days served as a great springboard into the TMMBA program. Even prior to orientation, we had been assigned study teams. Meeting our study teams and getting to know them a bit even before classes started was fantastic. We had also been assigned daunting stacks of reading material for two classes that we would be taking as part of orientation, Ethical Leadership and Building Effective Teams.

I was very impressed with the content of both those classes. I had never really thought ethics in business would be a particularly interesting or complex subject, but Scott Reynold’s class showed me how naive that view was. The animated and thoroughly entertaining discussions in this class brought home to us how multi-dimensional a question as simple as “What is the right thing to do here?” can be. By the end of our short crash course in business ethics, Scott had provided us with an appreciation for this complexity and a framework for evaluating such questions that I have little doubt I will be revisiting at some point in the course of my career.

The reading we were assigned for Building Effective Teams resonated strongly with me. My own interests lie in the direction of team-building and process engineering (I currently serve as the scrum-master for my team at work), and so as I read about practices adopted by various successful teams, I thought frequently about how I could apply them at work. Here again Greg Bigley’s thoroughly entertaining teaching style brought the material to life. Various in-class exercises helped us get a feel for the concepts we were learning about while simultaneously forcing us to get to know our new classmates better. I came away from this class with a new appreciation for how important good team dynamics and norms can be to the success of the team. I’m going to keep all the reading material we were given for this class – I am certain I will want to refer back to it soon.

Another high point of our whirlwind orientation was the business etiquette dinner. Held at the swanky Bellevue Club, this event was designed to give us the basics of etiquette in business meals while simultaneously allowing us to get to know each other a little better in a fun setting. There was a great deal I learned here, from how to hold a wine glass, napkin, and small plate in one hand to where to seat guests relative to hosts. The food was delicious, the setting was beautiful, and the company was delightful! This was the first time the TMMBA program has organized such an event and I consider it an unequivocal success.

There were also numerous informative presentations from TMMBA staff about the various services the program offers as well as the beginning of an ongoing class in professional communications that looks like it is going to be invaluable to our careers. At the end of the three and a half days I returned home, exhausted but also thrilled about my new experiences. What a great introduction to the program!

-Bhaskar.