Tuesday, May 6, 2008

Th 2nd Integrative Exercise (IE - 2) was held over the weekend. We got a M & A case on riday evening in which a large power rental company (Aggreko) was to decide between acquiring one of the 3 potential targets. Al groups made their first presentation to Stewart Hamilton on Saturday morning, post which we were handed follow-up info for presenation same day evenng. Then we were given bunch of extra data which was to be used for presentation on Monday morning fst to a panel of IMD judges and then the selected teams were to present to the CFO of Aggreko in the afternoon. The CFO, who's a 92 batch IMD grad had flown down for the same. My group was one of the 2 groups selected to present to the CFO... guess since we were the only one's who took a 'do not buy' position.

It was quite interesting... the intensive time pressure of the IE exercises brings out the best and the worse in all ... my study group seemed to handle it well. We saw people in the study group handle it in all types of ways... some who deep dived into the exercise and put all their heart into it, some who wanted to get through wit a 'good enough' end result, and one who simply withdrew! We debriefed after the final presentation to give feedback to each oter ... as we say it @IMD - 'put fish on the table'. There wasn't much fish there, only some litle shrimps.