Lloyds - Project Update

Our team just had a meeting with our project supervisor at the school. It is a funny and strange thing to understand why do we need a project supervisor for the summer consulting assignment. I believe its like all other things wherein you need a person at the top to resolve any issues that may arise. As Han (our project supervisor) made it clear in the first meeting, he will be here to oversee that all the team members work towards the project and none is a free rider. Given that the first meeting was just a 5 min session, I expected not much out of today's meeting as well. After we presented him the roadmap for the next two weeks, he appeared quite interested and started asking more questions about our work and research. The meeting was useful as he motivated us further stating that this project has all the ingredients to be selected as the 'Best SCP' this year and for those who do not know, this is a coveted recognition as this is our chance to work on a real-life business issue. End implication - Extended hours in the library and more team meetings in the next six weeks.

We also had the first full team meeting with Lloyds as we traveled to London this week. The meeting was successful as we presented our findings till date and chalked out the plans for the next couple of weeks. The good (or the bad) thing about 'Carbon Trading' is that there is a lot of interest (also read speculation) shown by all stakeholders and this has been touted as the next BIG thing. But, to be honest, once you go through all the published material and you realize that the industry needs more structure and regulations to move further, you feel that everything is like a shot in the dark. And why not, no body perceived that the carbon credit prices in Phase 1 of the EU Trading Scheme will fall from EUR 25 to EUR 0.50... If nothing else, people have started speculating a bit more. Mark my words - CARBON BUBBLE is not far away.

But, all in all, we believe that we have had a good beginning for this project. The next two weeks are going to be crucial as we dig deeper in our research and then start the process of narrowing down to one single business opportunity for Lloyds. Writing a B-plan will definitely be a difficult exercise but we all are looking forward to it.

Life's not just work these days, if you've got this impression after reading the above text. I recently purchased a guitar - local brand but good sound. Here are the pic - black always looks majestic to me.

I am beginning to get my touch back after learning a few new songs.. and this surely has added another dimension to my life these days. Of late, I have also been watching lot of movies - Bourne Identity, Shooter, Anti Trust, Silver Surfer... to name a few. Life's good!