tag:blogger.com,1999:blog-9189331570339003615Mon, 07 Dec 2009 23:52:26 +0000My reflections on the past, everyday experiences and current events.http://sanjut.blogspot.com/noreply@blogger.com (Sanjeev Tenneti)Blogger21125tag:blogger.com,1999:blog-9189331570339003615.post-8558714578828238726Fri, 20 Nov 2009 23:45:00 +00002009-11-20T15:49:05.200-08:00Amazon.com is being mentioned along with the retail behemoth Walmart in the same sentence. Very impressive!Amazon.com, in the recent past, is making the headlines with all kinds of initiatives ranging from engaging in price wars to Amazon Web Services to Kindle. Its efforts seem to be paying off quite well. The company's free cash flow increased by 98% over the past year. The online retail sales http://sanjut.blogspot.com/2009/11/online-retailer-amazon.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-446060600061686902Thu, 22 Oct 2009 23:58:00 +00002009-10-22T17:24:52.643-07:00HaasMBApart-timeAfter mulling over the MBA decision, I am now applying to the UC Berkeley (Haas) part-time; 3-yr Evening and Weekend MBA program. I have decided to stay put in the US, so it's better to join a reputed and preferably a local school. The Haas program is clearly the best choice in the San Francisco area.The Haas EWMBA program is 3 yr course and costs around 100k. One of my undergrad classmates is http://sanjut.blogspot.com/2009/10/haas-ewmba.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-2438745947494855923Thu, 22 Oct 2009 23:54:00 +00002009-10-22T16:57:38.126-07:00breakbundle of joyI had a good reason not to be active on this blog - my wife and I had a new addition to our family. Our second bundle of joy. It's fun with kids around and yes I make weird faces :-)http://sanjut.blogspot.com/2009/10/back-after-short-break.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-8917376018106457153Wed, 24 Jun 2009 01:52:00 +00002009-06-23T18:54:00.881-07:00maytascountyassociationhillmember I am very thankful to the associations EC for their diligent efforts of educating political leaders of our sorry situation. I would not have been able to do anything on my own from US. I became a member of the owner’s association few weeks back. The membership drive is picking up steam. By becoming a member the owners show their support and also get to express opinions. The http://sanjut.blogspot.com/2009/06/maytas-hill-county-membership-drive.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-1926606794661002878Wed, 17 Jun 2009 19:21:00 +00002009-06-17T12:52:12.390-07:00maytascountyapartmenthillmediaThere was a decent media coverage for the owner's protest on June 7th. Here are a few links:HinduBusiness StandardEconomic Times Deccan Chronicle Sakshi Mail TodayYouTube http://sanjut.blogspot.com/2009/06/maytas-hill-county-media-coverage-of.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-8482174027561825118Tue, 16 Jun 2009 01:32:00 +00002009-06-17T12:02:17.682-07:00maytascountyapartmenthillThe owner's association made some great efforts to garner media attention. On June 7th, hundreds of owners attended a meeting organized by the Owners Association. Invitations were sent out to quite a few journalists, who later published articles in major Indian news papers. Gathering attention is just one step. The next major milestone would be to gather political support from local leaders. The http://sanjut.blogspot.com/2009/06/efforts-of-maytas-owners-association.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-7476195466934443217Wed, 03 Jun 2009 01:28:00 +00002009-06-02T18:57:39.765-07:00I bought an apartment in the Maytas Hill County development in Hyderabad. The features of the project included a self-contained gated community comprised of professionals, a whole new 'walk to work' lifestyle and an IT related SEZ, schools, hospitals, clubhouse, community centre, etc. I invested in this development due to Satyam name and I ended investing my lifetime savings. The MHC management http://sanjut.blogspot.com/2009/06/maytas-hill-county-future-in-limbo.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-9071288675455480099Wed, 20 May 2009 17:52:00 +00002009-05-20T11:20:46.822-07:00pricesinflationeconomyMany a times over the last couple of years, I noticed the crude oil prices being given a lot importance when talking about the economy. What is evident is that the increase in oil prices drives the fuel prices up at the gas pump for consumers. Therefore, reducing the money available to spend. But I wondered whether this was the only impact to the economy. It turns out that there are more.When http://sanjut.blogspot.com/2009/05/impact-of-oil-prices.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-5586145129332336198Wed, 13 May 2009 00:47:00 +00002009-05-12T17:56:06.901-07:00tipsmanagementleadershipWell, apparently I don't. I recently read an article which emphasizes the importance of asking the right questions. The article suggests that you can increase the workforce productivity by asking the right questions at the right time. 'Right' questions should be open-ended and framed to encourage the audience to ponder. Examples: To get a better picture:"Can you explain more about this situation?http://sanjut.blogspot.com/2009/05/do-you-ask-right-questions.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-551587192435695779Fri, 08 May 2009 20:41:00 +00002009-05-08T13:51:48.792-07:00recessiongreat depressionpolicieseconomyI am taking a Macroeconomics class primarily to understand how the economy works. Here is my understanding of the economic calamity during the Great Depression.There was a lot of uncertainity during the Great Depression primarily due to:1. contraction in personal wealth: value of stocks fell more than 90%, causing the personal wealth to fall. Reduction in the personal wealth causes people to cut http://sanjut.blogspot.com/2009/05/great-depression.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-9060862050232311301Wed, 06 May 2009 22:21:00 +00002009-05-06T15:24:25.347-07:00playtennisgeneraltableis a dilemna I face everytime (or almost) I play table tennis. I have played competitive table tennis over a few years and am quite an advanced player. My game is not as polished and consistent as it used to be, but it is still good. Lot of my friends, colleagues, family claim that they are quite good and want to play a game. Sure, why not! The problem is that I know I can crush them, but by http://sanjut.blogspot.com/2009/05/play-hard-or-not.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-1087586878761610564Fri, 01 May 2009 16:56:00 +00002009-05-01T12:52:20.160-07:00recessionlessonseconomyEconomic times such as the current one bring a lot of pain along. It's no fun to go through such hard times. However, experience makes a person wiser. A first-hand experience, even more so. I am putting together the lessons I learned during these times. I hope these lessons will help me endure future economic recession(s) with less pain.Invest, but diversify. You want to invest because you want http://sanjut.blogspot.com/2009/05/recession-what-can-it-teach.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-2161742762195531322Wed, 29 Apr 2009 21:54:00 +00002009-04-29T15:07:06.226-07:00obamapresident100 daysThe popular notion is that a President's effectiveness can be assessed based on the first 100 days of taking office. So how did Obama do?Well, I think he's been pretty darn good. His approval ratings are pretty high - even more people like his personality. Not everyone agrees with his policies but, IMO, he's done a great job so far. He's avoided big losses, while securing some big wins.  His http://sanjut.blogspot.com/2009/04/obama-first-100-days.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-3123201447444437893Mon, 20 Apr 2009 17:52:00 +00002009-05-01T11:19:09.641-07:00strategymanagementMBAThe McKinsey article about strategy and it's timing is worth a mention. The article is nicely put together with sufficient data to back the arguments. One of the ten pronciples of economics is "People face trade-offs" - this is so true. At this critical stage in the economy, companies with cash face even bigger trade-offs: whether to acquire companies at discounts, invest in new projects or to http://sanjut.blogspot.com/2009/04/timing-strategic-moves.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-6126070495039927335Wed, 08 Apr 2009 22:05:00 +00002009-04-20T11:17:35.031-07:00managementMBAI enjoyed reading the article "It’s Time to Make Management a True Profession" written by Harvard professors Rakesh Khurana and Nitin Nohria. The original article can be found here. In brief:* When compared to other 'true' professions such as those of Doctors or Lawyers, the management profession lacks a way to enforce code of conduct. * A management degree is not necessary to become a manager. http://sanjut.blogspot.com/2009/04/is-management-true-profession.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-4554559166234225988Wed, 08 Apr 2009 21:27:00 +00002009-04-08T14:34:05.988-07:00PGPXMBAIIMMy apologies for not being active on this blog. PGPX @ IIM-AhdI applied to the PGPX course offered by Indian Institute of Management - Ahmedabad in Aug 2007. I was offered an admission to join the 2008-09 batch (PGPX III). For those not familiar with PGPX - it's a one year, full-time, residential executive MBA course offered by IIM-A.Due to personal commitments, I couldn't join the 2008-09 batch http://sanjut.blogspot.com/2009/04/pgpx-offer.htmlnoreply@blogger.com (Sanjeev Tenneti)1tag:blogger.com,1999:blog-9189331570339003615.post-1592466323004215119Wed, 16 Jul 2008 23:21:00 +00002008-07-16T16:29:52.235-07:00goalsdecisionMBAAfter a decent GMAT performance, now is the time to decide whether to answer the question MBA or not? The introspection began with a look at my short term and long term goals.Some people point out that there are Bill Gates, Steve Jobs of the world who didn't need an MBA to be so successful. Well, I am not in the same league as the superstars. If I were, I'd already be a superstar and you'd be http://sanjut.blogspot.com/2008/07/mba-or-not.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-5326392039258161894Thu, 26 Jun 2008 01:21:00 +00002008-07-16T16:28:58.584-07:00GMATprepMBAA bad day?Day before the test, I decided to stop studying at 11 pm. I woke up at 8:30 in the morning. Spent only 15 mins looking at the AWA templates. I had a 2pm appointment and I reached the test center at 1 pm. The lady wouldn't let me take the exam without my passport. I did not expect the officials to be this strict about the passport. But, as it turns out they were. If you are NOT a native http://sanjut.blogspot.com/2008/06/gmat-journey-part-iii.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-1020252215417858465Tue, 24 Jun 2008 00:50:00 +00002008-07-16T16:29:16.152-07:00GMATprepMBAWhere do I stand?Without any prep, I took a practice test and scored 650 (Q44, V34). I felt confident about the Quant section as I could score much more after refreshing key concepts. It was obvious that I had to improve in the verbal section. I describe my apporach for each section:VERBAL: SC: In the beginning my hit rate was around 50-60 percent in the sentence correction. I spent most of the http://sanjut.blogspot.com/2008/06/gmat-journey-part-ii.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-6024364248626235109Mon, 23 Jun 2008 18:44:00 +00002008-07-16T16:29:34.210-07:00GMATprepMBAI took the GMAT on 26th Dec, 2006.With almost ten years of professional experience, I reached a plateau with an urge to ascend the rungs of corporate ladder. For this an MBA is an ideal vehicle. For an MBA the first step besides instrospection is taking the GMAT. So, after some mulling over the MBA or not question, I decided to take the GMAT and work on shortlisting institutes later. I wanted to http://sanjut.blogspot.com/2008/06/gmat-journey-part-i.htmlnoreply@blogger.com (Sanjeev Tenneti)0tag:blogger.com,1999:blog-9189331570339003615.post-5414042626043610585Mon, 23 Jun 2008 18:36:00 +00002008-06-23T11:43:57.088-07:00experiencesreflectionsgreetingsGreetings!!!I have been thinking of blogging for a while now. Well, I just decided that today is the day. I have a few things (experiences, reflections) from my not so distant past that I'd written up, which I'd like to share with everyone. So, I'll let the blogging start....http://sanjut.blogspot.com/2008/06/enter-blogger.htmlnoreply@blogger.com (Sanjeev Tenneti)0