LESS, BUT BETTER

A significant part of the previous week was spent by me and members of my group in preparations for the sixth week. The case to be discussed in class was both interesting and challenging. It was one of those cases where you find yourself lost in attempting to reach a reasonable conclusion, and then you end up rereading it in search of what might have been missed. Ironically, you always seem to find what was missed, but there are more hidden aspects. The more analysis you conduct, the more it feels like you are not getting it right. Anticipation built as the week approached. At LBS, contributing to in-class discussions is crucial as a lot depends on it.

Alas, the week arrived, and like a footballer preparing for a Champions League final, I was nervous. The anxiety spread across the whole class. My group chat was silent on a Tuesday morning, which was unusual as we are always chit-chatting every now and then. And so it began; our lecturer, probably sensing the tension in the air, did a lot to calm our nerves. The class started with lessons from the previous week, a very practical way to ease people into the new week. Sooner than later, the class was over. Apparently, we did not have to discuss the case. A sigh of relief. A few more days to go.

The analysis of the business problem session is always quite interesting. Ordinarily, I would say it is one of my best classes ever since we started. The anxiety had probably reduced as we approached day two of the class session. When the sessions started, it was quite interactive, and the energy was great. Dr. Yetunde never disappoints. A part of me feels like she was born to handle this course, a perfect fit for the right job.

Business decisions are mostly about the data. A lot can go wrong in its absence or improper application of available data. But where do gut feelings come in when making business decisions? Many great innovations are attributable to instincts. The debate on the need for a balance between data use and gut feel while making business-related decisions will continue for a long time, as both sides have strong arguments that they dwell on.

In the grand scheme of business education, each week presents new challenges, offering opportunities for growth and discovery. As we delve deeper into the intricacies of business decisions, I tend to appreciate the dynamic interplay between data and instincts, recognizing that both are indispensable tools needed for a successful decision-maker. The journey is ongoing, and the lessons learned at LBS are invaluable steppingstones in our pursuit of mastering the delicate dance of data-driven decisions and instinctual insights.

As the week comes to an end, not much about the case was being discussed, though we had an introduction into how it will go. The financial aspect of it remains to be analyzed. The coming week will be quite entertaining as we will crown it with group presentations. Week six was great after all.