Tag Archives: SethGodin

Dreams, Goals & Better Decisions

It is coming up to the end of week one on Seth Godin’s Inaugural AltMBA. It has been an intense, stretching, exhausting, exciting, terrifying, challenging, anarchic, productive, moving and inspiring experience. The AltMBA is a revolutionary way of working, learning, collaborating and expanding your perspectives. It offers a glimpse of the future.

We are one week in. I’ve been working with a learning group across Singapore, India, Malta and Ireland. I have shipped my first two projects with support from my learning group, guidance from my coach and feedback from dozens more on the course (third assignment in progress):

1. How to make better decisions: https://altmba.com/miteshsheth/make-better-decisions-in-5-minutes/

2. How to achieve your goals:
https://altmba.com/miteshsheth/dreams-vs-goals/

Alt MBA - books

I wanted to take a moment to reflect on my experiences of this revolutionary way of learning at the end of the first week.

What challenges have I faced?

  • To get to know my learning group of 4 strangers overnight, to understand each other’s stories, ambitions and fears and to be vulnerable so that we can help each other perform and succeed.
  • To produce work at short notice, that feels incomplete, send out publicly for anyone to read, review and criticise.
  • To receive the feedback given openly without getting defensive and to honestly reflect on it in order to learn.
  • To see the incredible work produced by such talented people without feeling insecure or inadequate.
  • To keep on top of the discussions, comments, emotions and inspirations of 100 people across the globe.
  • To manage my work schedule and family commitments with the intense workload of the AltMBA.

What have I learnt

  • That decision trees are a really powerful way to de-emotionalise decision making and shed light on options you may not have considered.
  • That goals need to be specific, with clear identification of obstacles, requirements and a clear plan.
  • That it is far easier to give advice to others on how they should do their assignments than it is do apply that advice yourself.
  • To read, reflect, discuss, share, debate, write and publish at speed (every 48 hours).
  • To not judge others but to work hard to understand their story, background and perspectives so that you can see their best self and identify the value they can offer.
  • To receive constructive feedback as a gift and to invite criticism to learn more and faster.
  • To add a P.S. to my work 24 hours later to capture any lessons learnt, feedback, follow up thoughts and ideas. Doing it this way allows you keep a record. You can also see your progress.
  • To use new online tools for effective communication: DisqusZoom, Slack and Digg.
  • That I am not as good at managing my time as I thought I was.
  • That I am not as good a writer as I thought I was (plenty to learn).

What has been surprising?

  • How quickly you can learn and absorb an idea by prototyping and submitting in a short timeframe.
  • How quickly strangers can come together and collaborate effectively when driven by a common goal.
  • The importance of vulnerability to open up a group to work effectively.
  • How you can work together effectively with different people, with different work situations in different time zones.
  • How valuable it is to ask for and receive constructive feedback.
  • How much time, energy and effort we spend coaching, guiding and helping others on the course
  • How many hours there are in a day.

I can’t believe that it has only been one week. I wonder how I will feel at the end of this process. I feel like I haven’t even scratched the surface of what this process and network is capable of achieving and illuminating.

I am looking forward to getting to know my new learning group next week, as well as the next three new assignments.

This weekend’s we are studying Business Models to come up micro-business plans for 99 new businesses (let me know if you have any ideas).

Wish me luck!


 

Here’s a link to my first two AltMBA assignments if you’d like to learn more about decision making and goal setting:

1. How to make better decisions:

We make decisions more than we make anything else. We make so many decisions of such importance, with wide-ranging implications everyday. This is true for our person life and in our professional life. The truth is we desperately need a disciplined, systematic and simple process for making decisions, in every aspect of our life.

https://altmba.com/miteshsheth/make-better-decisions-in-5-minutes/

Decision Trees

2. How to achieve your goals:

We know that to make your dreams a reality, you have to be SMART: write down your goal as clearly as you can; put a date on it
list all the obstacles you’ll have to overcome (external & internal)
identify the skills, knowledge, the people and groups that can help you; spell out a detailed plan of action; you need to remember “why” you are doing it and what your purpose is as this will get you through the rough patches.

 

https://altmba.com/miteshsheth/dreams-vs-goals/

Goals

AltMBA: Reinventing the MBA

It all began just 4  weeks ago when I received this email from Seth Godin’s blog (http://sethgodin.typepad.com/seths_blog/2015/05/a-different-way-to-move-forward.html).

Seth has been often quoted saying:

The traditional top-tier MBA takes two years, you usually need to move and it costs more than $125,000. The best business school experience is transformative. It exposes students to a new way of thinking as well as a cohort of fellow travelers, motivated, smart people in a hurry to change things. What’s changed is that access to information is no longer the reason to go to business school. The information is everywhere. Our goal with the altMBA is to assemble leaders (corporate executives, non-profit linchpins, founders, managers and people in a hurry) and to connect them and amplify their work. Without leaving home. In just a month of intense effort. Instead, we’re organized around action, around publishing, around sharing your work and learning from it.

Alt MBA 2

In his blog on 12th May 2015 he announced that he is finally launching the inaugural class of altMBA. It was going to be a real-time, month-long intensive program. This was going to be a small-group process that works online as well as through hands-on projects. The focus of the program was going to be on group work, leveraging the power of collaboration, both by learning from and teaching others.

As soon as I read it I knew I had to apply. I consulted my wife, my friends, my team and my bosses to check I wasn’t being impulsive; but all were supportive. Redington encouraged me to use my current strategic projects for the assignments (as appropriate) and to do the course at work and around my work.

So I applied. It was a very different type of application form and there was a video bio to record too (my first!). 100 people were chosen for the inaugural group beginning in June. I got in. I felt excited, daunted and terrified all at the same time.

Now that it’s really happening, there is a lot of planning and scheduling to do:

  • I will find out tomorrow (on Sunday) from my coach Paul Jun who my learning group of 4 is for the first week.
  • On Monday at 11am (6am EST) I get a prompt with the first 3 projects for week 1.
  • On Tuesday and Thursday I have online study meetings with my learning team from 6pm – 9pm. Sunday we are booked for the all day.
  • We need to submit each project by midnight on Tuesday, Thursday and Sunday. These are all online and public.
  • We review other people’s projects and give feedback by 6pm on Mondays, Wednesdays and Fridays.
  • Saturday appears to be the only day off.
  • That repeats again next week and the week after … Until the 13th assignment is handed in on 15th July.

Last week I got a box in the post at work, filled with books. I also received a reading list by email with over 70 books/blogs/articles on it … I am in heaven!

FullSizeRender

These are the commitments we have all signed up to:

  • I will do the hard part first.
  • I will embrace emotional labor.
  • I will think of myself as the type of person who can and does.
  • And I will act that way.
  • I will have a posture of generosity. Giving without hope of getting.
  • I will care about people and the world around me…
  • And I will act that way.
  • I will dance with fear.
  • I promise I will continue to keep making change (‘ruckus’).
  • And then I’ll teach someone else to do so, too.

This is a course of the future, for the future. We are using a whole bunch of online tools, many of which I have never used before – Disqus, Zoom, Slack, Feedly, Digg, etc. Other than what I’ve described above we have no idea what to expect, what the assignments are, how exactly we will work together, how exactly we will do them …

This is not for everyone. These first 100 appear to be a diverse and interesting group of people. As it gets closer many people on the course are feeling anxious, frustrated and stressed at the sheer uncertainty. I also feel like that at some level though the experience has made me realise that I am ok with uncertainty, I can handle change and I quite like being thrown in the deep end. This process is about feeling your fears, acknowledging them and facing them. It’s early days though, I’ll keep you posted on our adventures.

Here we go: 4 weeks, 5 coaches, 13 projects, 100 people, 175 concepts.

All our work is public and will be available for review and comment here – https://altmba.com/blog/

My work will be shared here – https://altmba.com/student/miteshsheth/

Wish me luck! See you in a month.

The Inaugural Class of AltMBA 2015 runs till 15th July.