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Tag: Peru

Published on
Blog Post written by Visola Shukhrat

 

It is the last day of our CAP Peru… With a big smile and some tears of happiness on my face, I gave farewell kisses and hugs to my classmates and headed to the airport. As I was waiting to board the plane, I could not stop thinking about what a powerful experience it was. The pictures of 20 young professionals altogether climbing the Machu Picchu, watching the sunset while having a city bike tour, supporting and cheering on each others’ teams during final project delivery would appear in my mind as flashcards of a colourful movie. We arrived in Peru as just classmates and were leaving it as a family with strong bonds.

We spent an unforgettable two weeks in the country that has a history of three dominant and advanced civilizations. We learned a lot about Peru as a country, its culture, food, and language. While the primary goal of the program was to learn about industries of projects and culture of a nation, we gained much more than that. The time spent in Peru will flourish beautiful memories in the hearts of each and everyone for a long time in the future.

 

I would like to devote this post to a person who transformed our CAP Peru 2018 into an eye-opening event with bonds created for a lifetime. The academic knowledge, soft skills development and cultural experience would not be the same without this superhero, our father-teacher-professor Shyam Giridharadas. This superhuman went above and beyond to not only teach us how to be great consultants but also how to become better leaders and to be mindful of those around us.  He used to start every class with a couple minutes of centering, when we all closed our eyes, took a deep breath and thought of something positive. This exercise helped us during our presentations. During our time in Lima, Prof. Giridharadas gave special attention to every single student, was accommodating to our needs and wants. One of the most fun and memorable things that united such a diverse student body was the time when he arranged a night of gathering. We all watched a soccer game first and then danced Salsa, Turkish, Kosovian and Uzbeki dances. The night ended with playing mafia.

 

Prof. Giridharadas has the power to comfort people and make them believe in themselves. I remember the day before our final presentation to the client; my teammates and I were worried that we would be unable to meet clients’ expectations. Professor spent 3 hours with our team and gave us detailed feedback on our delivery. When we finished our last rehearsal, he asked us to stand up and take each others’ hands. We were expecting another moment of centering… However, what he said next left us speechless. He said he was impressed by all the improvements we’ve reached so far. This gave us confidence in ourselves and motivation to work more. As a result, we delivered a project that satisfied our clients to the fullest.

 

As we all gathered for the last time, we sat in a circle and reflected on our trip. Some classmates cried while expressing their feelings about the trip. I felt so happy to be around such a fantastic bunch of talented young professionals. If I could repeat this trip, it would be with Prof. Giridharadas and these people.

Blog post written by Visola Shukhrat

 

Finally, the day has come, and we are here, in the country of one of the new 7 Wonders of the World. I can’t wait to explore every magical corner of it.

 

The day after we arrived in Lima, we had a group luncheon at the local private museum “Museo de Larco” where we had our first in-person meeting with our clients. As we sat in the garden of the museum trying gourmet Peruvian food, we learned about our clients’ culture and lifestyle, and got some tips on communicating with locals. The next three days we spent meeting with our clients and visiting information sessions at McKinsey & Company, Endeavor Group, and Banco de Credito del Peru. We came prepared for our first formal in-country client meeting with questions to ask. We were lucky to meet with Enrique, who is involved in communication with local communities and the government. His insights helped us to better understand the government structure and political and economic situation in the country, which helped us direct our project in the right direction, and specifically tailor it for a mining company in this country. During our visit to the bank (Banco de Credito), I was astonished to learn about the innovation center there. The office looked like a dream place to work, where employees wore casual clothes, sat on bean bags, and had post-it note stickers all over the walls. The manager of the bank gave us a presentation about their innovative projects in Fintech that they are working on to serve their clients better and become number one bank in Peru.

 

The highlight of this week was a trip to magnificent Machu Picchu. As the plane landed in Cusco, my heart started beating faster. Our guide warned that it was because of the altitude of 11,150 feet above the sea level. However, I am sure it was due to all the excitement that I was anticipating in this fantastic town that I’ve been dreaming of visiting since childhood. No words or photos can describe all the natural beauty of magnificent Machu Picchu. Located high atop a ridge in the Andes Mountains, Machu Picchu has a long history of ancient Inca civilization. We got a chance to learn about mind-blowing engineering work, religious beliefs of Incas, and their culture and traditions. We spent 5 hours roaming around mysterious architectural treasure that was ruined more than four centuries ago and enjoying the view from the vista point.

 

During our trip to Cusco, we also visited Sacred Valley where we explored one of the oldest cities where Inca people lived. We listened to songs in a local language, pet cute llamas, tried Alpaca meat and spent an evening stargazing.

 

Next week is the most important one, because we will be presenting our final project to our clients. I look forward spending next five days collaborating with my amazing teammates and delivering our product to our honorable client.

Published on
Blog written by Visola Shukhrat

 

I am one week away from visiting my dream country and presenting my team’s brainchild, Reputational Risk Framework, in front of the most prominent investment group Peru.  Four months of continuous teamwork, 120 busy days and sleepless nights of research, dozens of hours of discussions, minutes of hesitation, and seconds of frustration… This much effort was put forth to produce a final product that we will present in Peru as a part of Consulting Abroad Project (CAP) in our Global MBA Program.

The motivation that kept me awake at nights during this semester was knowing that at the end I will successfully present a unique project, become a world-class leader, and check another exotic country off my bucket list.

 

My teammates and I were chosen among other highly competitive students to work on one of the most ambiguous yet interesting projects – identifying reputational risks in the mining industry in Peru, and creating an index to measure, assess and monitor them. We were very excited about the project and thought it would be no challenge to create a simple index. HA!!!

 

As we had our first meeting with our client contact, Mariana, who is a head of Institutional Affairs at the corporate center for the Breca Group, we realized that we were looking at the project through “rose-colored glasses”. The project required us to do in-depth research on internal operations and external stakeholders relationships of the mining industry. Using that research, we needed to come up with the reputational risk index. The challenges around this project included a lack of resources on this topic in the world, difficulty in quantifying reputational risks, and simply not being able to find corporate documents in English, as all of them were in Spanish.

 

The project was a huge learning curve for the team, as we not only learned all about mining process and operations in this industry, but also experienced working in teams with different types of people and personalities. As a group leader, I personally learned a lot from the process of coordinating the whole project, allocating responsibilities, and delivering the message to the team properly. I realized that not all people absorb information equally and not everyone has the same priorities. As a team, we went through several stages of misunderstanding and miscommunication, which ultimately lead to an unsuccessful presentation in front of internal judges. This experience gave me the courage to pick up extra responsibilities, allocate work more productively, and start having an open conversation with teammates. One of the main takeaways from this stage was that it is essential to keep calm, even when you feel that everything is falling apart, and most importantly, to address issues when they arise and discuss it with everyone openly.

 

Professor Giridharadas gave me guidance on how to approach this type of problem, and I’m working to overcome them. I am looking forward to travelling to Peru and working on the final presentation stage.

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