Today I attended a seminar called 'Vision before Execution', taught by Eric Clemons. I won this class in the pre-term auction. The topic of the class was essentially 'Risk Management' and how to predict undesirable events in the future. This can be done by analyzing patterns - 'remembering the future'. The class was a nice contrast to my other, more quant heavy pre-term classes (finance, accounting, managerial economics, and statistics). To be honest, I don't totally understand what the seminar was about, but it was entertaining. Some analogies cited were:1) What to do when you're driving 150mph and your breaks don't work (turn off engine)
2) What to do when you land at an airport and 750 people are in line at customer service (book a hotel for a week)
3) Predicting the quagmire in Iraq (when people are fighting for non-economic reasons, it's hard to win)
etc.
It was nice to use a different part of my brain (the philosophical / conceptual part) for a change. Professor Clemons went on many tangents, and spent quite a bit of time talking about Brewmaster's Guild. In addition to consulting for the Joint Chiefs of Staff and the Department of Defense, Professor Clemons is a beer reviewer, works for Victory (a Philly brewery), and is an expert on barbeques.
The most important lesson from the lecture? Hop Devil by Victory is apparently a great beer.
1 comment:
Rav- the title itself reminds of the French Guillotine.
I guess working in the brewery makes people funny but not take risks.
Glad you are enjoying the lectures. I wish I could have a full time student in the US.
Mom
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