The course was very good (not like us :). It covered the basics for any businessman - Industry analysis, Porter's five forces and value chain, GE or Boston Consulting Groups matrixes. I think every student of "economics" should know about these things. For every manager or consultant, they represent the same as a Bible for a priest or Kamasutra for a lover. ( I don't know these books :)
But in Prague, University of Economics, we have no idea what these things are! I mean we have subjects on finance, accounting, management... but actually no one teaches us how to look at the company we work for, our competitors, our environment to survive, to make money, to profit! How to make business! Which is our future job, I suppose.
This is still a very wide difference between "the western world" and our "transition country", at least in school. We are not taught how to analyse the sitation we are in, to be creative, to make decisions, to be entrepreneurial, to exploit our capabilities, to be successful. We learn "how to know things". I hope that this is gonna change a we will also be able to develop and progress economically thanks to persons that are not just "studying so they are wise" but persons that study "to find a way how to put the ideas into existence".
Okay that's it. The big credit for today's presentation goes to Jannik. When presenting, he forgot his vocabulary for a while and while unable to finish the explanation, after 30 seconds he desperately said: "fuck it. sorry!". I was in tears :)
Jannik. Of course, in the bowl there is wine!
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