I should have written this post long ago. But it happened so that I decided to postpone it and leave it for later. This post should give a general understanding of what I am going to write about in future. A kind of a short summary of my interests. This blog was intended to be a pure business blog. I will cover the most acute business practices and will touch what I like and don’t like. I am passionate about best business practices and implementation of innovations into regular business operations. I am a software geek. I adore all sorts of CRM, ERP systems and all their constituents. I truly believe that software is eating the world and present day business has no right to neglect it. Either you keep your hand on business pulse, or fail. I spent a year in Silicon Valley talking to a lot of people from IT/technology companies, various entrepreneurs, etc. That year gave me an understanding of new business dimension. In terms of development they are far many years ahead of us. If you want to feel the pace and breath of innovation, you should go yo Silicon Valley. If you want to give an impulse to your child and to open future career possibilities, your children should go to Stanford, the cradle of entrepreneurial spirit.
During my MBA I gad a chance to dive into the world of innovations. I had consulting academic projects at PayPal and IBM. I was lucky to work with Shahid Khan from Ebay/PayPal, Jim Spohrer from IBM and Yassi Moghaddam from ISSIP. That experience formed my future vision. I became a service innovation addict. Service thinking was an inspiration for me and gave me understanding of where we should go and which projects to start. Later in my posts I will cover deeper the service thinking ideas and how they are applicable to the business community.
Posted in Business school, California, digital media, ISSIP, MBA, personal, San Francisco, service innovation, service thinking, Silicon Valley
Tagged business, future, ideas, thinking
I first got exposed to service science while at Hult on my MBA program. Brilliant professors and just cool guys Jeff Saperstein and Hunter Hastings were those visionary guys who brought the subject to the business school. They gathered together the best minds from our MBA class. It was truly diverse multicultural and multiexperience community. We firsts learnt the basics: the six principles of service thinking which laid the foundation of Hunter’s and Jeff’s future book. The six principles are: 1) co-creation of value, 2) service systems, 3) componentised business architecture, 4) global-mobile-social, or Glo-Mo-So as we used to call it, 5) Run-Transform-Innovate, 6) multisided metrics. Later on the seventh principles was added to the framework: service=experience.
Having spent four weeks learning the basics we moved to practice. We were split into teams and assigned to different companies and different mentors. We worked for IBM, Cisco, SAP and ISSIP. Some of us worked on gamification, some on Watson initiative, others on social collaboration platforms. My team worked with a brilliant scientist, service champion and business expert Jim Spohrer. Jim was the guy who started his day answering emails somewhere at 5am or even earlier. Interestingly, being so busy he always had time to tweet something, answer emails, Skype calls and even in-person meetings. This project was a c0-creation of value at its best. We were able to utilise the best frameworks to answer the most beneficial solution to the problem.
Our project with service innovation principles ended with a Hackathon at IBM Innovation Center in Santa Clara were we met a lot of IBMers who shared their experiences and ideas with us. An unforgettable and great experience!
Posted in Business school, California, ISSIP, MBA, San Francisco, service innovation, service thinking, Silicon Valley
Tagged hackathon, hult, IBM, innovations, ISSIP, Jim Spohrer, service thinking
While still at school I became crazy about motorcycles. In Ukraine we can get driver’s license at 16. I was getting ready to get one and to buy a motorcycle. Actually as a schoolboy the huber of motorcycles available at that time in Ukraine for a student with a small budget was limited. My ultimate dream was 125cm3 Minsk from Belarus.
My friend had a far better option – 350cm3 Jawa
I had some savings and was about to spend them on Minsk as Jawa was expensive and the supply was limited. But something changed in my plans and I postponed the idea to buy a motorcycle until now.
Imagine my surprise when I googled Minsk and found these motorcycles
But even more changes happened in my life – my wife Hanna became obsessed with motorcycles. She was the first one to go and the the motorcycle driving license. So, she is the first mover in our family and I am a fast follower. In December 2013 when Hanna had a birthday I decide to give her a good memorable present – KTM Duke 390
This is an awesome motorcycle. We have tons of enjoyment riding it in the streets of Kiev. This year we have early spring and we are lucky to spend some evening every week riding this magnificent KTM Duke. I highly recommend KTM as a motorcycle brand.
Posted in digital media, Kiev, life, motorcycles, personal, Ukraine
Tagged belarus, fun, hobby, jawa, ktm, minsk, motorcycles
What is all this hassle about? Do you need an MBA? When do you need an MBA? Which country, school, and many, many more questions one will ask. I myself went throughout this journey. It took me more than two years to complete: 1 year of preparations and 1 year of full-time program. My recommendation is certainly yes! Its worth the shot. No matter the school, no matter the country, you should go for it. I will recall my personal experience and share my story. I decided to split this into several separate posts.
The first one will be the initiation – how I came to that crazy idea. My story is a long one. To cut the long story shot, I once got bored at my previous job. Not that I am a lazy bone, but my boss decided to go out of real estate development business, sell his assets and disappear(a very common approach and way of thinking in Ukraine and many other ex-Soviet countries). My beloved wife Hanna first recommended, then insisted that I go and study further. The same happened when I was finishing my BBA – I was so busy with my business that it took me 7 years to graduate, unlike my group mates, who graduated 3 years before me. And my wife was the driver in this decision. Same with an MBA – Hanna told me to try my luck with local schools in Ukraine. I made a research, talked to many people and then suddenly a crazy idea appeared – I decided to quit my job and go abroad.
I surely kept that decision in secret from everyone. Just my wife was aware of it as she observed me spending hours studying and cracking GMAT. GMAT was a nightmare! I could not even imagine how weird and strange this could be. I downloaded tons of tests, books, prep materials. I signed up for GMAT courses. I bought latest edition of Manhattan prep and Kaplan books. I even had an iPhone app with more than a 1000 questions. My best advice would be – schedule at least 6 months just for GMAT. I didn’t have that time. I was torn between my job, my family, a lot of problems and a bright idea to get an MBA. Not the best combination, frankly speaking. Anyway, I took GMAT three time – once every month(the first test after 6 weeks of prep, which was vey stupid idea). After got tired of GMAT after 3rd attempt. My best score was 630 and couldn’t proceed further with preparation. I decided to stop and move further.
In my next post I will explore the issue of business school research, essay writing and many more.
Posted in Business school, GMAT, life, MBA, personal
Tagged business school, education, experience, future, gmat, kaplan, life, mba, school