The class started with an expectation thanks to the next class students who already informed us about the unusual ways Dr.Mandi's classes went. The first set of questions i remember coming from him were
1) What did you learn from Facebook? (I suppose this is what he meant.)
2) How much do you spend for a day?
3) What are the actual oppurtunity costs that you pay being in NITIE?
Though I have indirectly come across each one of these questions before, the direct manner with which these question were posed, I should say, HIT HARD right on the face. For Instance, I never thought I am spending 1000+100+ Rs a day just by being here in NITIE. Also the oppurtunity costs which we are losing is tremendous when we count the two year earnings and the exponential growth that is missed by being out of the market. Unless the time in NITIE is effectively used, this cannot be justified.
The video on the Mandi gave a glimpse of what the event actually is. Having heard a lot about the Mandi, the video showed how the concepts are implemented in Mandi.
The EEE:
Management is all about Effictiveness and Efficiency. Effectiveness is doing the right thing and Efficiency is doing things right. If both are mastered, it will make one a very good manager.
The Tower Building Excercise:
The excercise was conducted to show us that how conventionally goals are set way below the standards of potential. Even the performer who was about to build the tower rated lower than his potential. He aimed at 10 blocks where in reality he built 18 blocks. My count of 18 is mostly based on assumption.
The second was that the same person has to build the block but blindfoled. He can take the guidance of a person. While most has decreased their expectation on the performer, few have retained. I had increased my expectation to 2 more counts from 18 to 20 based on the following assumptions.
1) The person has already felt the cubes with his fingers while doing the first experiment. So he can easily get along with the blocks even without seeing them.
2) Since he had already done the experiment, the ice is broken for him. Now on second time, he will naturally develop the inner drive to improve his performance than before.
3) Also there will be no apprehensions about the tower being visualized as sloping down, reduced pessimism is optimism gained.
4) If the guide and the performer are co-ordinated, they can work in synch with the guide as the eye and the performer as the hand arranging it.
