October 16, 2008

Strategy

I told myself today when I was sitting at Auditorium that I am going to write my blog after I get back, and that is what I am doing now.

Today is the forth day of the Global Business Environment. During the last few days, I have learnt a lot about globalisation, what is tariff, exchange rate, international trade, the current credit crunch. Today, the module focus on Business strategy. The world is changing everyday, to have a sustainable future, a business need to adapt its own strategy, and this is how business can survive under today's competitive environment. How can  an organisation improve their products or service to attract customers from their competitors is what organisations need to consider.

To be honest, it is not my first time doing something about Strategic Analysis. My undergraduate degree had a specific module called Business Strategy Analysis, one of our coursework for that module is to develop an airline company based on the strategy we got a A for that piece of coursework. My final year dissertation was a business strategy analysis of Premium long haul operators, using the PESTEL framework.

This morning, I was struggling to get out from my bed, one reason is because I haven't adapt the 9 to 6 life yet, the second is because I thought I have done enough about Business Strategy Analysis. Now, I am glad I went to today's lecture.

Today's lecture is different, not only because the lecturer made a few jokes to get students' attention, but also for the way the lecture is being delivered. The lecturer's experience in different industry sectors also has made the lecture more alive. I can not really tell how great it is, in one word, it is "Brilliant".

Overall, I think the Global Business Environment is quite good. I don't have much knowledge about Business, so everything I learnt was quite new for me. Before I attend the course, I don't even know what Tariff is, now I know it plays such an important role in the import, export business ( a result of Globalisation).

The afternoon's team study helps us to put the things we learnt from mornings lecture to practise. However, I do think that doing group discussion for the whole afternoon is a bit too long. From my experience, our team normally finish the task in 2 hours time. I don't know how the other groups did though. I do understand why a whole afternoon was be given to do the group discussion- think outside the box, but sometimes, some of us are just a bit lazy, including me.

I normally have someone to check my grammar before I post anything on the blog, but these days, the someone is on holiday. so Sorry if my words not make sense or with lots of basic grammar mistakes. Thanks for reading.


- 2 comments by 1 or more people Not publicly viewable

  1. It sure was so interesting to know how important tariff is and how it differs in different countries…..I too was clueeless about Tariff. One can reduce import by such a great extend with tariff

    16 Oct 2008, 22:47

  2. I love the lectures as well. I even decided to chose it as my elective as I am interested in strategy related issues. and now we need to write PMA, it really make me headache

    26 Oct 2008, 17:42


Add a comment

You are not allowed to comment on this entry as it has restricted commenting permissions.

October 2008

Mo Tu We Th Fr Sa Su
|  Today  | Nov
      1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31      

Search this blog

Tags

Favourite blogs

Galleries

Most recent comments

  • A good post Mei. The questions are more important than the answers perhaps because what appears to s… by Paul Roberts on this entry
  • Just share an idea about FM Points from an article named "KNOWLEDGE MANAGEMENT FOR IMPROVED PERFORMA… by on this entry
  • Guys we must not run away from the problem, we must find the root cause… we must improve our under… by on this entry
  • that's what I think about. We got computer to do all the calculation. That's why I choose this as pr… by on this entry
  • Interesting by fishing tackle on this entry

Blog archive

Loading…
Not signed in
Sign in

Powered by BlogBuilder
© MMXIX