很難忘剛回到英國的那一刻，心情是很沈重的。
我感受不到活力。感受不到進步。感受不到意氣風發。
千古不變的皇室與傳統，就是人民的心靈慰籍。
今天，可能是這國家30年來最團結的一天。經濟政治都太沈重，她需要沖喜一下。
2011年4月29日 星期五
2011年4月15日 星期五
2011年4月8日 星期五
Please be careful of your belongings
Two news, one good one bad. Bad is, I lost some pounds (as in money, not weight, sadly). Good is, I have a good story to tell.
Below I will present the facts, and the facts only:
Date: 6th April, 2011
Venue: WBS A2.06
Time: around 8pm
1. 7 people in the group.
2. My textbook was originally placed on top of my own laptop.
3. After discussion ended, 4 people left the room, remaining people included Lady, Me and Guy, who chatted about careers stuff.
4. When I was about to leave, I no longer see a textbook on my laptop. One textbook is placed on the table.
5. Examining the textbook, with many corners folded and very worn out, I declared, "This is not mine."
6. Guy said, "Oh. How do you know?" I said, "It's so worn out! Impossible!"
7. Thinking maybe someone dropped my book on the floor (thus making its corners folded) I went home. Briefly flipped through the book. Found underlines and markings. Therefore it is definitely not mine.
8. Next day I went around asking whether my groupmates took my book by mistake. Everybody showed me either their names on their book or highlighter marks on their book. Except one Guy. He said, "Oh, my book is in my car. But I didn't make any markings on my book. I'm sure this is not mine."
9. I reported this finding to Uncle R. Uncle R reported that this morning when there were only 3 people in the lecture room, this Guy was flipping through the textbook.
*
So guys, keep a close eye on your belongings, including any textbooks that you're planning to sell out on Amazon. My textbook has now depreciated to scrap value overnight. I don't intend to confront that guy, so treat it as a non-recurring write off. But it's not about the money. My point is:
How could something so "high school" happen in an MBA course for god's sake?!
Below I will present the facts, and the facts only:
Date: 6th April, 2011
Venue: WBS A2.06
Time: around 8pm
1. 7 people in the group.
2. My textbook was originally placed on top of my own laptop.
3. After discussion ended, 4 people left the room, remaining people included Lady, Me and Guy, who chatted about careers stuff.
4. When I was about to leave, I no longer see a textbook on my laptop. One textbook is placed on the table.
5. Examining the textbook, with many corners folded and very worn out, I declared, "This is not mine."
6. Guy said, "Oh. How do you know?" I said, "It's so worn out! Impossible!"
7. Thinking maybe someone dropped my book on the floor (thus making its corners folded) I went home. Briefly flipped through the book. Found underlines and markings. Therefore it is definitely not mine.
8. Next day I went around asking whether my groupmates took my book by mistake. Everybody showed me either their names on their book or highlighter marks on their book. Except one Guy. He said, "Oh, my book is in my car. But I didn't make any markings on my book. I'm sure this is not mine."
9. I reported this finding to Uncle R. Uncle R reported that this morning when there were only 3 people in the lecture room, this Guy was flipping through the textbook.
*
So guys, keep a close eye on your belongings, including any textbooks that you're planning to sell out on Amazon. My textbook has now depreciated to scrap value overnight. I don't intend to confront that guy, so treat it as a non-recurring write off. But it's not about the money. My point is:
How could something so "high school" happen in an MBA course for god's sake?!
2011年4月5日 星期二
Get a gun!
People who don't know me well would have thought I have a quick temper simply telling from my grumpy looks, but those who know me quite well would know that I actually am quite patient with people (part of the reason is I am actually a little bit slow in response).
So I thought I was being quite childish when I kept saying that I hate a certain guy (like last week) and I thought I was being quite childish for hating a certain guy (a different guy) this week as well. Until somebody sitting besides me whispered, "Is it just me? I find that guy in the front EXTREMELY ANNOYING!"
Mr. Serious sitting beside me has been a quiet lad through two terms, and was so serious that I seldom talked to him. But now Mr. Serious was suggesting me to get a gun and shoot that guy at the front.
It really amazes me how somebody could annoy anybody so much without even having talked to neither of us. He feels really good about himself. He speaks with authority. He sounds sarcastic and tries to be funny in a sarcastic way and is really cocky. He keeps saying "yep, yep, yep" very loudly while the lecturer is speaking, as if the lecturer needs his endorsement of what is to be said. And this afternoon, whenever he shows his cockiness again, Mr. Serious would say under his breath, "Shoot him down, man!"
Well Mr. Cocky, congratulations, you've tested the bottomline :)
*
By the way, I really liked the valuation model that I was taught today. Fresh stuff that never appeared in the CFA syllabus!
So I thought I was being quite childish when I kept saying that I hate a certain guy (like last week) and I thought I was being quite childish for hating a certain guy (a different guy) this week as well. Until somebody sitting besides me whispered, "Is it just me? I find that guy in the front EXTREMELY ANNOYING!"
Mr. Serious sitting beside me has been a quiet lad through two terms, and was so serious that I seldom talked to him. But now Mr. Serious was suggesting me to get a gun and shoot that guy at the front.
It really amazes me how somebody could annoy anybody so much without even having talked to neither of us. He feels really good about himself. He speaks with authority. He sounds sarcastic and tries to be funny in a sarcastic way and is really cocky. He keeps saying "yep, yep, yep" very loudly while the lecturer is speaking, as if the lecturer needs his endorsement of what is to be said. And this afternoon, whenever he shows his cockiness again, Mr. Serious would say under his breath, "Shoot him down, man!"
Well Mr. Cocky, congratulations, you've tested the bottomline :)
*
By the way, I really liked the valuation model that I was taught today. Fresh stuff that never appeared in the CFA syllabus!
2011年4月4日 星期一
2011年4月2日 星期六
Governance emergencies! (2)
OK. Presentation day. Our group was last to go so we're probably expected with the best, but obviously now I think we should come last. No joking, the lecturer was damn right we all worked on our own slides without any co-operation or co-ordination or interlinkage. Because co-operation wasn't possible.
This guy who started off by introducing the company (which, really, wasn't necessary: who doesn't know what is Disney anyway?) started playing a video to "wake the people up" without me even knowing that he was gonna do it. And what was that video? A Mickey Mouse cartoon. That's it. And how much is that related to our presentation? Well, not much to be honest, except that both are associated with Disney.
Then the guy used TEN minutes to introduce the company and the timeline of events (mind you, all 5 of us had 30 minutes in total), which, again, is not much related to the questions that we were prompted to answer. And with odd captions that were meant to "make the presentation more interesting" as well, "Waking of the Sleeping Beauty"? "Ruling with an iron fist"? "The roaring mouse"? What was all that about?! If you could make the whole thing funny, fine; but if you can't, you're just downright odd. No kidding.
Second guy, again, used TEN minutes in answering question 1. To be honest, he did do a good job of making things very clear, but then the remaining TEN minutes had to be split between THREE people. And, I was the ending speaker. Again.
No kidding, I did lots of research for the presentation, but none of them bothered to understand them nor use them properly. And since they didn't do a good job of explaining anyway, I mentioned those at the conclusion section. Ending comment by lecturer, "I think there was some important stuff that should be put in the context, not at the conclusion. I feel your presentation is very loosely structured."
Well, he was right. I didn't even ask for the final mark for our presentation. I'm not even interested. I'm not happy, really; I hate delivering shitty work KNOWING that it's going to be shitty. I just didn't bother trying to convince those uncles with a terribly big ego. My bad.
One funny thing happened AFTER the presentation though. There was a lady doing distance MBA who came along and said, "Well done! I didn't know you were going to speak in the presentation! You were so quiet in the class, I thought you were very shy! You did a good job!"
So I was like, "Shy? Huh? Well...you can ask these guys." and I pointed to my full time colleagues.
And my good old colleague said, "She's not shy. She's not THERE!"
Which is true because, as a protest against the crappy course and the lecturer who constantly feels too good about himself, I skipped the entire Thursday's lectures.
This guy who started off by introducing the company (which, really, wasn't necessary: who doesn't know what is Disney anyway?) started playing a video to "wake the people up" without me even knowing that he was gonna do it. And what was that video? A Mickey Mouse cartoon. That's it. And how much is that related to our presentation? Well, not much to be honest, except that both are associated with Disney.
Then the guy used TEN minutes to introduce the company and the timeline of events (mind you, all 5 of us had 30 minutes in total), which, again, is not much related to the questions that we were prompted to answer. And with odd captions that were meant to "make the presentation more interesting" as well, "Waking of the Sleeping Beauty"? "Ruling with an iron fist"? "The roaring mouse"? What was all that about?! If you could make the whole thing funny, fine; but if you can't, you're just downright odd. No kidding.
Second guy, again, used TEN minutes in answering question 1. To be honest, he did do a good job of making things very clear, but then the remaining TEN minutes had to be split between THREE people. And, I was the ending speaker. Again.
No kidding, I did lots of research for the presentation, but none of them bothered to understand them nor use them properly. And since they didn't do a good job of explaining anyway, I mentioned those at the conclusion section. Ending comment by lecturer, "I think there was some important stuff that should be put in the context, not at the conclusion. I feel your presentation is very loosely structured."
Well, he was right. I didn't even ask for the final mark for our presentation. I'm not even interested. I'm not happy, really; I hate delivering shitty work KNOWING that it's going to be shitty. I just didn't bother trying to convince those uncles with a terribly big ego. My bad.
One funny thing happened AFTER the presentation though. There was a lady doing distance MBA who came along and said, "Well done! I didn't know you were going to speak in the presentation! You were so quiet in the class, I thought you were very shy! You did a good job!"
So I was like, "Shy? Huh? Well...you can ask these guys." and I pointed to my full time colleagues.
And my good old colleague said, "She's not shy. She's not THERE!"
Which is true because, as a protest against the crappy course and the lecturer who constantly feels too good about himself, I skipped the entire Thursday's lectures.
2011年4月1日 星期五
Governance emergencies!
There are some people that you know, at the first moment you hear them speak, you can't click with them.
*
So this guy would tell you to run through the powerpoint from start to finish, but as soon as the 2nd slide comes on he starts commenting. So we'd pause to make changes and discuss what changes to make. Then as you are working, this same guy will say, "Look guys, why don't we run through the whole thing from start to finish."
Then you'd run from the start again. This time when the 3rd slide comes on he starts commenting again. So naturally, we paused again (because what needs to be done needs to get done, ain't that right?) But as soon as you're halfway done, he'd say again "Look guys, why don't we run through the whole thing from start to finish."
And the loop went on once more before I said, "Please write that down and keep it to yourself until we finish?"
*
Our case was about the compensation package of the CEO of Walt Disney Co. The case asked us whether we thought his package was reasonable or not, but enclosing a resignation letter from another director which expressed that the CEO didn't deserve his pay. BUT does that really mean it's not reasonable?
Took those guys some time to finally digest the fact that no, the CEO wasn't overpaid, because more than 80% of his salary came from a bonus which was tied systematically to net profit plus a chunk of stock options while his basic salary was pathetic. Looking at the numbers I crunched the guys were actually hiding their heads in their hands. What's so wrong about saying his pay was reasonable? That's something I don't get.
But what really upset me was, I tried to briefly explain to them his salary structure, which of course, included some numbers. This guy (same guy) just said, "OK, let's not dive into the numbers." WHAT?! If I hadn't been crunching all this stuff you guys would still be stupidly thinking that YES EISNER WAS DEFINITELY OVERPAID. WHY? BECAUSE STANLEY GOLD WHO RESIGNED SAID SO. And then feel good about yourself. Let's not dive into the numbers? Hold on, you're actually saying "Let's not look at the facts"!
Similarly, in the first meeting this guy (same guy) undertook the task of compiling a graph showing the revenue, net profit and share price of Disney during Eisner's regime. Second meeting, no information from him. Decision was: "Let's not put that in the slides, I don't think we should dive into the numbers anyway."
*
Don't dive into the numbers, but yes dive into the sea of 2x2 tables and frameworks. Some guy (same guy) said that those who already did their presentation seemed to just summarize what's in the case studies. That's not adding value and we should avoid it. And, doing it all by himself, he decided to summarize what's in the lecture notes instead. OK, according to him THAT'S adding value, flooding the slides with whatever framework he could find in the lecture notes no matter they're relevant or not. Don't waste our efforts scraping them away man! I don't even want to look at our slides anymore.
*
Then there was the issue of whether all of us should speak or should it be just 2 or 3. We have in total 30 minutes and 5 sections, so I thought all 5 should speak. But no, he said, it disrupts the continuity. Better have just 3. Do you want to present? I'm happy to present.
Wait. 3 people for 30 minutes? That's 10 for each and possibly 15 for some. No I don't think anyone wants to listen to one single bloke talking nonstop for 15 whole minutes. Now THAT'S disruptive.
Ugh. I'm getting a bit personal now.
*
So this guy would tell you to run through the powerpoint from start to finish, but as soon as the 2nd slide comes on he starts commenting. So we'd pause to make changes and discuss what changes to make. Then as you are working, this same guy will say, "Look guys, why don't we run through the whole thing from start to finish."
Then you'd run from the start again. This time when the 3rd slide comes on he starts commenting again. So naturally, we paused again (because what needs to be done needs to get done, ain't that right?) But as soon as you're halfway done, he'd say again "Look guys, why don't we run through the whole thing from start to finish."
And the loop went on once more before I said, "Please write that down and keep it to yourself until we finish?"
*
Our case was about the compensation package of the CEO of Walt Disney Co. The case asked us whether we thought his package was reasonable or not, but enclosing a resignation letter from another director which expressed that the CEO didn't deserve his pay. BUT does that really mean it's not reasonable?
Took those guys some time to finally digest the fact that no, the CEO wasn't overpaid, because more than 80% of his salary came from a bonus which was tied systematically to net profit plus a chunk of stock options while his basic salary was pathetic. Looking at the numbers I crunched the guys were actually hiding their heads in their hands. What's so wrong about saying his pay was reasonable? That's something I don't get.
But what really upset me was, I tried to briefly explain to them his salary structure, which of course, included some numbers. This guy (same guy) just said, "OK, let's not dive into the numbers." WHAT?! If I hadn't been crunching all this stuff you guys would still be stupidly thinking that YES EISNER WAS DEFINITELY OVERPAID. WHY? BECAUSE STANLEY GOLD WHO RESIGNED SAID SO. And then feel good about yourself. Let's not dive into the numbers? Hold on, you're actually saying "Let's not look at the facts"!
Similarly, in the first meeting this guy (same guy) undertook the task of compiling a graph showing the revenue, net profit and share price of Disney during Eisner's regime. Second meeting, no information from him. Decision was: "Let's not put that in the slides, I don't think we should dive into the numbers anyway."
*
Don't dive into the numbers, but yes dive into the sea of 2x2 tables and frameworks. Some guy (same guy) said that those who already did their presentation seemed to just summarize what's in the case studies. That's not adding value and we should avoid it. And, doing it all by himself, he decided to summarize what's in the lecture notes instead. OK, according to him THAT'S adding value, flooding the slides with whatever framework he could find in the lecture notes no matter they're relevant or not. Don't waste our efforts scraping them away man! I don't even want to look at our slides anymore.
*
Then there was the issue of whether all of us should speak or should it be just 2 or 3. We have in total 30 minutes and 5 sections, so I thought all 5 should speak. But no, he said, it disrupts the continuity. Better have just 3. Do you want to present? I'm happy to present.
Wait. 3 people for 30 minutes? That's 10 for each and possibly 15 for some. No I don't think anyone wants to listen to one single bloke talking nonstop for 15 whole minutes. Now THAT'S disruptive.
Ugh. I'm getting a bit personal now.
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