Finally find 4 out of 5 likes (About 5 Likes and Dislikes in your life)

Life Style, ,
Ring….Ring….Ring……
I’m still busy with my work and feel sleepy due to less sleep for many days.
It’s my wife calling.
My wife: Tick you must be glad, I win the big lucky draw and you should love this prize.
My brain starts running. If she say that I should love it, something pop up in my head and question back immediately.
Me: Is that related to technology gadget?
My wife: Correct, it is photo printer from cannon!
I start thinking again, we already have multi-function printer at home this is not too excite me. Should we sell it out? How about cost per printing?
Me: Gob, should we sell it since I think it will be much more expensive that going for digital photo express at 2 Baht per pic?
Conversation keep continue Blah Blah Blah and end the call.
After the call, I realize that I love technology in the sense that I would like to play around and know how it works, how it makes your life easier? But the degree of excitement reduce dramatically when I know that I already know how to use it. In conclusion:
Technology exploring is my 1st Like.
I’m always busy with downloading movie and cartoon from internet during my free time. I’m keep feeding the good Series into my house and watch it on my free time to build up my imagination.
Watching movie should be my 2nd Like.
I’m always thinking about when I can quit my job and still grow up my bank account to reach my ultimate wish list amount. I love to follow stock and economic news and play around with my LTF and RMF account manipulation with the great dream that it will be the great tool for me to reaching my goal.
To finding the easy money from managing funds is my 3rd Like.
I love to travel and sightseeing since I was in high school. At that time, I planned to travel to all provinces in Thailand but I stop it since my goal has been shift to be global scale as state in my ultimate goal. Therefore, there are few provinces that I didn’t have a chance to go yet.
Traveling and sight seeing is my 4th Like.
I believe that most of my Likes are the same as ordinary human being. I hope that the fifth Like can make me different from others. Otherwise, I will have no competitive advantage over others.

MBA: Quantitative analysis, do we need it for MBA?

IT Management series, ,
This is the first question that pop up in my mind and most of my classmates sharing the same thought. Even in the classroom, I also put the challenge question at instructor that does it really use in business nowadays?
OK, I believe very rare companies may use in the R&D department but they may not use all topics we studied in class. Anyway, I gave the highest rating to this instructor compare to previous class because the instructor has very keen in topics. The heart of Quantitative Analysis (QA) is to research and analyze for co-relation of data. Instructor knows how to simplify it for the audiences which has variety background (Some of my classmate never know about equation before). In the classroom we learn:
– Linear programming model
– Transportation and assignment model
– Forecasting model
– Network model
– Project management
– Game theory
– Queuing theory

Nowadays, computer is so advance and all of the topics above have been replaced by computer program. Just a few clicks, you already get the answer and ready to use. I also use some of the model in my previous work experience but I’ve never know how to get the figure, only use final result. I got A- for this subject and I’m now knowing how computer calculate safety stock for me, how computer define critical path for me in CPM and PERT. How computer calculate trend and seasonal in forecasting model? I just know that the result figures come from probability concept. Nice to know but who will calculate these manually in this cyber world?

Same question again, do we need it for MBA student? Would it more efficient to MBA student to learn how to use computer program for these QA rather then calculating it manually?

 

Like and Dislike in your life – finding your self esteem needs

Life Style

September 2008

Yesterday, I went to TK park. It is the modern public library in Bangkok. I left my kids in children corner with my wife, baby sis and cousin. So I have a chance to look around and read some magazines. I found one interesting article in SeeSan magazine. They interview variety people to share about personal 5 likes and 5 dislikes with no limitation. They can share anything that pop up in their mind. Then I look back to myself and ask the same questions but I cannot think about any which are my extreme like and dislike in my life.

I think this is the important ground idea to find self esteem needs.

I will take some time to think about it and record in this blog. I believe that once I found it, I can jump to the next level of hierarchy of needs.

“Find yourself out and be concentrate to reach goal”

My personalDNA test

Life Style
August 2008: Today, I have a chance to complete questionaire at www.personaldna.com. This website will analyse your personality and generate your color DNA tab as below
For me, I have a Reserved Leader traits. Part of explaination are as below :

You are a Leader

    • You can be very happy spending time alone, and enjoy your own thoughts and ideas.
สมัยนั้นพอได้เห็นผลออกมาแบบนี้ก็ดีใจครับ อยากลองเป็นหัวหน้าคนดูบ้าง เราต้องทำได้ดีแน่ๆเลย เพราะผลที่ออกมามันออกจะชัดเจน พอนานวันเข้าผมกลับคิดว่าผมอาจจะไม่ใช่ Leader ที่ดีพอ ลูกน้องบางคนอาจจะไม่ไว้ใจผม บางคนอาจจะไม่เห็นว่าผมจะช่วยอะไรเขาได้ บางคนอาจบอกว่าขาดความเด็ดขาด การที่จะทำให้ทุกคนรักนั้นมันยาก และผมก็ไม่มีความมุ่งมั่นขนาดนั้นที่จะทำให้ทุกคนมารักผม เมื่ออายุมากขึ้นเริ่มอยากรับผิดชอบน้อยลง ทำตัว low profile และไม่ไฟแรงเหมือนเก่า มีมุมมองใหม่ๆในการบริหารคนมากขึ้นที่ต้องเรียนรู้ เริ่มเปลี่ยนจุดมุ่งหมายในการทำงานให้เป็นที่หนึ่ง กลายเป็นทำงานเพื่อหาเลี้ยงครอบครัว และต้องมั่นคงมากกว่าที่จะเสี่ยง เพราะเราขาดรายได้สำหรับครอบครัวไม่ได้ หลายๆคนคงจะเป็นเหมือนกัน และน่าจะเป็นปัญหาสำหรับทุกองค์กร
    • Your solid grounding in the practicalities of life, along with your self-assuredness and your willingness to appreciate new things make you a LEADER.
    • You’re in touch with what is going on around you and adept at remaining down-to-earth and logical.
    • Although you’re detail-oriented, this doesn’t mean that you lose the big picture.
    • You tend to find beauty in form and efficiency, as opposed to finding it in broad-based, abstract concepts.

    • Never one to pass on an adventure, you’re consistently seeking and finding new things, even in your immediate surroundings.

You are Reserved
You are RESERVED – you aren’t someone who always needs to have others around, and you find you can handle most situations on your own.
    • You find it difficult to understand why some people get so emotional and tell everyone else their problems.
    • You believe that if you want to get something done, it is best to do it yourself.
    • In your experience, other people are not always completely dependable, so you generally rely on yourself and only a few close others.

Out of 100, my score in each characteristics are as below

Confidence 94 Openness 70 Extroversion 8 Empathy 16 Trust in others 46 Agency 76 Masculinity 58 Femininity 16 Spontaneity 36 Attention to style 42 Authoritarianism 50 Earthy/Imaginative 86 Aesthetic/Functional 32

MBA: Managerial accounting

IT Management series, ,
I voted Managerial Accounting as the most difficult topic for first trimester for me. I got B+. I accept that I feel stress when take this subject since I have bad experience in accounting during BBA and I feel that I have not enough time to read and do exercise. Anyway, this subject give me the clear concept of cost flow in business and what cost component impact to product margin. More understanding on income statement, Activity Base Costing and cash budget but don’t expect that you will master accounting from MBA. This is just one part of it to focusing on product costing.
Working experience help me a lot in understanding these concepts and make me
through.
Although, Managerial Accounting may not directly related to IT work but it is an essential concept for you to grow up in the organization. You needs to set up your department objectives related to business performance when you are in management position. If you would like to grow up in business world as a salary man, you cannot runaway from business priority and you cannot invent IT project on your own interest. Every resource that you have in IT, you need to have individual IT objective contribute back to business direction and should be able to measure as Key Performance Indicator (KPI).
IT always play important role in providing business reports which related to cost and revenue in order to understand business performance. Yes, this subject will help you understand more the nature of accounting concept.

MBA: Marketing Management (why it so popular in MBA?)

IT Management series, , ,

Marketing Management is my 2nd course in MBA. I got ‘A’ grade for this subject. In fact, I didn’t get much from class room lecturing. But I learnt a lot from group project.

“If you’ve never practicing, you will never know.”

In group project, we need to create marketing plan. It starts from macro scale to understand the whole demands of the world or the country related to your product or service. Then you needs to zoom down bit by bit, to understand demography, geography and psychography of your consumers. You also needs to know your SWOT analysis in competing with competitors. If you thinks that you can gain the market share and differentiate your product from competitors, then you will start to develop famous STP in your marketing plan.

Segmentation, Targeting and Positioning (STP) are the heart of marketing plan. It follows the fact that you cannot serve everyone with your limited capacity. Therefore, you must select the best part out of whole consumer demands by differentiate your product with marketing strategic plan and don’t forget to mention about your goals and objectives.

The heart of strategic planning is how to sit into your targeted consumer heart (listen to your customer) and let them repeat ordering for your product. 4P (Product, Price, Place, Promotion) and 4C (Consumer value, Cost, Convenience, Communication) with IMC (Integrated Marketing Communications, nowadays called as Omni-Channel strategy) play important role here. Once you have a good looking plan, the last part is to make sure that you generate profit within expected time span. Financial plan will be the last part of your marketing plan. If you can do and understand all the above, you will get A.

People love this subject because it allow you to bring out your imagination, there is no right or wrong as long as you cover all topics. Concept is very high level framework, you must elaborate how to win consumer mind. The class continue with less tension compare to other courses. Everybody get a good grade. Once you go deep dive, you will think that Western theory is so deep studying. They are serious and analyze in every possible conditions that may impact to product demand and supply. Many of MBA students impress about it  and would like to know more.

In the old day, I found that it is very difficult to apply IT in marketing world since marketing play with customer emotion much more than logical thinking. Thanks to the digital world, all consumers is moving into digital world and interact with their product via mobile and social media as their main channel. We can say that Digital is the front end of technology toward consumer and IT is the back end engine to present Digital solution.

Once consumer click and browse over internet, IT can capture all the behavior data from their click and moving through the whole webpages. It helps company to understand consumer behavior and personalize into segmentation which leading to personalization marketing. In order to do that, company needs to have big data to keep million customers click, moving along web pages and using data analytic tool to find out consumer insight. Then targeting them with individual digital marketing campaign on all possible channels for particular consumer.