
Friday, June 3, 2011
Is this two years?

Monday, May 30, 2011
Barcelona


Saturday, January 1, 2011
A tough decision to end an awesome 2010
Saturday, October 16, 2010
Free iPad from Accenture
Sunday, October 3, 2010
Remembering Cragin
Wednesday, August 25, 2010
Three vacations + one internship = a great summer

Monday, June 7, 2010
Cragin
Cragin, you cannot image how much I will miss you!
On M-Trek you were one of the first friends I made at Michigan and you surely became one of my best friends!
I still cannot believe that we will not get a chance to go to the Oktoberfest together.
I will miss your energy and great attitude - Ross will not be the same without you!
Sunday, May 16, 2010
MBA Year 1 - closed by Obama

Friday, May 14, 2010
Escaping Michigan Winter
- Hong kong is a phenomenal city! (If anybody wants to offer me an expat contract, I will sign on the spot)
- Every male smokes, anywhere (this includes elevators)
- There are no traffic rules (I bet the odds and did not have an accident! - arguably the most impressive "achievement" of this trip)
- Overnight trains to Beijing take forever - ok, 15 hours to be precise
- Yes, Mr. Stoiber the magnetic train is pretty fast although I did not manage to "board the train station"
- If you are a white male and ever have a confidence problem; I recommend a trip to (rural) China. You will be a celebrity and girls might scream when you enter places
- Pollution is horribly bad. I know we all heard that China is polluted, but you can not imagine how bad it is. At night, the whole city of Changsha looks like a smokey club and the sky is only visible after rain showers. I dearly hope that Tom Friedman is right when he argues that "China went green" in 2008!
- The Chinese media is hilarious. Wanna know why Google left China? Yes, because of the fierce competition. And by the way in case you did not know, Chinese internet censorship is just doing the same thing all other countries are doing. (must be my stupid computer that denied me access to this blog from China!)
- Ever heard of the brand Kappa? Is does exist in China, but there is also Kobbo: (btw commonplace, there are at least 3 brands imitating Lacoste, Nike, etc.)



Tuesday, April 27, 2010
C.K. Prahalad
Sunday, April 18, 2010
Meatpacking District - the end of internship recruiting
I guess before start of school I was not aware how competitive internship recruiting in a Top 10 MBA program would be. So the time of internship interviewing was pretty intense.
Fortunately I was able to secure the internship of my choice: A summer at a top strategy consulting firm.
So I will spend 9 weeks with Booz & Company in Germany that I am very excited about. The people from Booz were some of the greatest people I met throughout the recruiting process. It is fair to say that the interviews with Booz were the ones that were most fun for me. I acknowledge that part of it might have been the fact that one of my cases was pricing Wayne Rooney on behave of VFB Stuttgart. The sad part, ManU did not agree to sell for the 27 million Euro I was willing to bid.
During the celebration weekend we all had a blast. It was great to meet employees from Europe and the other interns from across the US. We were located in the Meatpacking District which is the club district in Manhattan in the Standard Hotel. A very cool hotel with a great view of the of Hudson and the Financial District. Very cool was especially that the hotel had a bar at the top of it. Besides the view (of Manhattan) the most impressive thing about the bar was a waitress that was roughly 6-5 tall. Yes indeed some sight as well. ;-)
The hotel had windows to the floor and colleagues on lower levels found notes on their bed that they should be aware that movements are visible through the curtain.
On Friday we spend the afternoon in the Booz Office in New York and had discussions with former interns and current employees. Very impressive: the Booz office has a bar on the 19th floor. So we had cocktails inside the office. I guess fitting considering the name of the firm. ;-)
Friday night we then went for a great dinner and some time in the clubs of Meatpacking District.
On Saturday we then toured the NBC studios in the Rockefeller Center and went on top of it.
The highlight of the weekend was Saturday night were we cooked our own food with ‘slight” assistance of a chef. Besides the fact that it was delicious it was a lot of fun. And I would have never thought I would make my own pasta - ever. But yes, I did!
So while I have been to New York before, this time really blow me away. What a great city. I can’t wait to be back in May for four days of orientation training at the start of my internship.
The sad part of this story is that I have to leave Accenture. (Thomas, I guess your decision to go to McKinsey did not help my case ;-))
I had a great 5 years there, learned a lot and most importantly met countless wonderful people and made many friends! What made it especially difficult was that the day before I had to send in my cancellation I had the most terrific of conversations with an alumni from Ross who is an Accenture partner in London.
So I can only thank all of you and say that I sincerely hope to stay in touch!
I hope my summer in Germany gives me an opportunity to catch up with all of you!
For the great weekend in New York I want to thank all Boozies who have been involved and especially those who flew over from Europe. If the summer is anywhere near as much fun, I certainly made the right choice! I’m definitely very much looking forward to it!
Monday, February 15, 2010
Winter in Michigan
So what have I done since Christmas?
Before I get into that I have to thank Lufthansa for upgrading me to Business Class on my last flight to Germany. This is a way of travel I could get used to.
Surely my biggest accomplishment in 2010 so far was me bowling a 166. Since I have no hope to ever improve on this I (moved to tears obviously) immediately declared my retirement from bowling.
As you can image that left me in a void and it took me several weeks to find new goals in my life.
Fortunately my university provided me with one: Learning Chinese!
Mid of March I will fly to China for 5 weeks with 5 classmates to work on a consulting project to improve the productivity of a Chinese car supplier. I am already super excited and can't wait to go there. The fun part will be that, according to our sponsor, nobody there speaks English. That makes my two Chinese speaking team members my new best friends and leads to the necessity for me to at least learn the very very basics of Chinese.
But most impressively: We receive emails from the CEO of this Nasdaq-listed company, apologizing for not always being reachable and if needed we could talk to his fellow board members. Well sure, it is probably more appropriate if I talk to his assistant (if not his janitor), but if he insists... :-)
But there is not only good news. The bad news: I do not graduate this year. So why is this bad? Because the commencement speech for this years class will be given by Barack Obama. Well I still have some time to convince my friends in the graduating class to give me one of their tickets.
This will be some event. He will be speaking in our football stadium.
Another disappointment has been my first NBA game. I went to a Detroit Pistons game against Miami. I expected Detroit to be mediocre at best, but they were horrible, scoring only 65 points. I do not know a ton about Basketball, but I understood that this is a really low score - later I leanred their second lowest ever. As always timing is everything - we surely picked the ideal game. ;-) But as I learned, there is always a trade off. So in that case we got incredibly good tickets way below face value since the team is that bad.
Ah yes, I also study. I currently have classes in Operations, Managerial Accounting and Financial Valuation.
The most impacting class is probably Operations. I now see the whole world through the lense of queues, wait times and inventory. If I am at an airport I wonder what their utilization is at the security check and was tempted to explain to them that with the kind of demand variability they face they needed more excess capacity. Yes, scary indeed.
But an even worst example comes from our prom. We had a huge party at a hotel close to Detroit (no it was not really near Ann Arbor and do not ask why we needed to drive 45 min there). However while there was enough inventory, the bars lacked the necessary capacity to convert that inventory into alcohol in our blood. But fortunately we had enough time to buffer for that. It was a great time and I had a lot of fun with all of my classmates!

Time continues to fly and next week I have already the next set off exams. Then the term is over and we are off to spring break (that reminds me that I should finally figure out what to do that week).
Sadly I only have a couple of classes left with my section this week. Then we will be taking electives from September and I will no longer be in the same group I so much enjoyed having classes with.
Monday, December 21, 2009
Fall B - 2 down: Happy Holidays

Sunday, November 29, 2009
German MBA Conference

I recently spend one weekend in Chicago at the German MBA Conference.
Approximately 40 German MBA students from all over the US came together for a great weekend in the windy city.
First of all I want to thank the organizers from University of Chicago. Great job, we all had a wonderful time.
So what did we actually do there?
Friday night we met in a bar in the Trump Tower. Key learning from this evening came from the president of Siemens Management Consulting. He explained what it means to have an option that is "in the money". While he pushed to get a marriage contract his wife did not agree. Consequently they do not have a marriage contract. But since his wife now earns way more than he does, he possesses "an option that is in the money".
As a side note and to be fair I want to emphasis that he was quick to point out that he does not plan to exercise this option ever.
We had a great time Friday night and it was great to get to know so many fellow German MBA students.

Saturday we had an impressive program at the University of Chicago.
Speakers included Frank Mattern (Managing Partner McKinsey Germany), Dr. Markus Schenck (CFO, Eon) and Martin Schlatter (CMO, Wrigley).
Unfortunately Nobel Prize Winner Gary Becker needed to cancel his participation at the last minute.

Nevertheless the highlight of Saturday was a Gala Dinner in a Chicago Skyscraper.
What a wonderful thing that there is no recession for McKinsey and they have still money for stuff like this. ;-)
I very funny scene was then when about 20 German MBA Students and suits and ties entered a Chicago Hip-Hop club in which the other guests were at best dressed casual.
Unfortunately I do not have pictures from that night. But it is surely only a bad rumor that this is somehow related to the amount of alcohol consumed by McKinseys' Principals. ;-)
Sunday morning we than drove back to Ann Arbor - just in time for my Finance Assignment.
Wednesday, November 11, 2009
Fall Break - One down



Monday, October 12, 2009
The Quote of Term "Fall A"
"Bonuses are supposed to be for past performance, not for future potential. These are not the Nobel Peace Prize."
Monday, September 28, 2009
Fall A - if you are not overwhelmed you are totally missing the point
Monday, September 14, 2009
Football - Hail to the Victors in the Big House

MBA Games - the downside of diversity
A collection of Sport Events like Soccer, Football, Softball, Volleyball etc. in which the different sections of the MBA program competed against each other.
Unfortunately my section finished last (by a mile :-().
We only managed to win the 4x400m race.
I personally failed miserably in Kickball (sort of Baseball but you kick a ball instead of hitting a baseball) where my section lost the very first game.
For the rest of the day I played Volleyball with five friends from my section. That was a lot of fun and we managed to reach the final.
In the final I realized the downside of diversity! Was ist really necessary to admit a player from the Israel National Volleyball team to the MBA program? Couldn't we have taken another overweight, uncoordinated Consultant or I-banker? ;-)
Well, at least over 100m I did not have to compete with the sprinter from the US national team who is in my class.

Another great day and fun event! THANKS again to the MBA2s for organizing!
The MBA2s also managed to convince several companies to sponsor that event a.o. Proctor & Gamble, IBM and Accenture. Embarrassingly Accenture did not even show up.
Sunday, September 6, 2009
RLI - Foundation Session
The Ross Leadership Initiative (RLI) Foundation Session (I don't think it would have been humanly possible to come up with a longer name ;-))
So for six days we discussed about leadership topics like responsibility, integrity, diversity, creativity, and innovation. We practiced improvisation skills with a comedy group from Chicago (Second City). Moreover we listened to the wisdom of Ricardo Salinas, an entrepreneur from Mexico, and of our faculties.
But most fun were team building events like cooking a meal for 100 people.
At least most of these events were fun. Since the cooking took place outside in the pouring rain, I ended up being sick for the better part of the coming week.
But by far most impressive for the speech of Eleanor Josaitis!
The last day of the RLI Foundation Session was dedicated to Corporate Social Responsibility. So we all went to Detroit and got involved in different projects.
One of these projects was overseen by Eleanor, who is one of the founders of "Focus: HOPE" a civil and human rights organization in Detroit.
At the closure of the event she gave a wonderful speech about her work, overcoming obstacles and giving back to others. Many of us (certainly me) had to fight back their tears.
So a great start to my academic life at Ross and a week which certainly gave me a lot to think about!
Saturday, September 5, 2009
M-Trek: GuateBelize - Part 2: Belize
Sunday, August 30, 2009
M-Trek: GuateBelize - Part 1: Guatemala


