Reflection- Storytelling 

 Challenge and Selection : 

 Storytelling is one of the most effective ways to promote an idea that can be understood by the 

 masses . It helps the person who one is communicating with to learn from a real life scenario that 

 you talk about through your storytelling . 

 Storytelling has played a central role in the process of human communication for a very long 

 period of time . Be it in the form of small anecdotes or lengthy stories , they have all been 

 extremely helpful in making people better understand situations . Storytelling helps people 

 connect with the story on another level as they can truly visualise what happened in the story 

 themselves and learn at the same time . 

 The challenge faced by me was one where I had to make use of storytelling to explain to the 

 stakeholders the consequences of taking certain actions . Thus I explained our situation in the 

 form of a story . 

 Application : 

 I was a senior partner in my firm and we were looking for ways to be able to expand our market 

 presence . The best solution that we reached was to acquire another company that was present in 

 the market and to take over its market presence as well . The valuation they assigned to their 

 business was almost 9 times the value that we had assigned to them but we were desperate and 

 the CEO was willing to make the acquisition of the company nonetheless . 

 That was when I had to step in and explain to them about how that was not the right decision to 

 be made at that moment . I explained how we had reached that level of valuation for the business 

 after closely taking a look at their financial books and based on our findings we saw that the 

 profits of the business were now stagnant . That is , they were neither increasing from the previous 

 year , nor decreasing . Then I went ahead to make more of a point by narrating a similar story . 

 I went on to explain our situation by means of storytelling . The story of Nortel , who had its value 

 increase ten - fold from its beginning to its peak in the year 2000 . As a result of this , they went on 

 to make several acquisitions . Most of them at valuations higher than their actual stock price . 

 They bought dozens of small technological companies and the most notable of them was Bay 

 Networks for $ 9.1 billion . The market cap of Nortel also went on to increase over time to around 

 $ 283 billion , however , their stock price began to plunge and it fell all the way to $ 5 billion by 

 2002 . People considered the reason behind this downfall to be the acquisition of Bay Networks at 

 a grossly high valuation . 

 Insight and Approach : 

 I made use of this story of Nortel to explain to the CEO of the business and the other partners 

 how the acquisition of another business at a higher valuation was not the right approach for it 

 may come back to haunt us in the future , especially considering the fact that the same happened 

 to a company that was in a position that was very similar to ours . Thus , I was able to make use of 

 storytelling as a tool and applied it to one of the biggest challenges that my firm and I faced . I 

 used the means of storytelling to overcome this challenge . 


EMAIL: 
ID_NUM: 
NAME_STUDENT: 
PHONE_NUM: 
STREET_ADDRESS: 
URL_PERSONAL: 
USERNAME: 

### Task: You are a PII (Personal Identity Information) Detection. Given a essays written by students, you have to identify ONLY the following:
NAME_STUDENT - The full or partial name of a student that is not necessarily the author of the essay. This excludes instructors, authors, and other person names.
EMAIL - A student’s email address.
USERNAME - A student's username on any platform.
ID_NUM - A number or sequence of characters that could be used to identify a student, such as a student ID or a social security number.
PHONE_NUM - A phone number associated with a student.
URL_PERSONAL - A URL that might be used to identify a student.
STREET_ADDRESS - A full or partial street address that is associated with the student, such as their home address.
### Input: Reflection- Storytelling 

 Challenge and Selection : 

 Storytelling is one of the most effective ways to promote an idea that can be understood by the 

 masses . It helps the person who one is communicating with to learn from a real life scenario that 

 you talk about through your storytelling . 

 Storytelling has played a central role in the process of human communication for a very long 

 period of time . Be it in the form of small anecdotes or lengthy stories , they have all been 

 extremely helpful in making people better understand situations . Storytelling helps people 

 connect with the story on another level as they can truly visualise what happened in the story 

 themselves and learn at the same time . 

 The challenge faced by me was one where I had to make use of storytelling to explain to the 

 stakeholders the consequences of taking certain actions . Thus I explained our situation in the 

 form of a story . 

 Application : 

 I was a senior partner in my firm and we were looking for ways to be able to expand our market 

 presence . The best solution that we reached was to acquire another company that was present in 

 the market and to take over its market presence as well . The valuation they assigned to their 

 business was almost 9 times the value that we had assigned to them but we were desperate and 

 the CEO was willing to make the acquisition of the company nonetheless . 

 That was when I had to step in and explain to them about how that was not the right decision to 

 be made at that moment . I explained how we had reached that level of valuation for the business 

 after closely taking a look at their financial books and based on our findings we saw that the 

 profits of the business were now stagnant . That is , they were neither increasing from the previous 

 year , nor decreasing . Then I went ahead to make more of a point by narrating a similar story . 

 I went on to explain our situation by means of storytelling . The story of Nortel , who had its value 

 increase ten - fold from its beginning to its peak in the year 2000 . As a result of this , they went on 

 to make several acquisitions . Most of them at valuations higher than their actual stock price . 

 They bought dozens of small technological companies and the most notable of them was Bay 

 Networks for $ 9.1 billion . The market cap of Nortel also went on to increase over time to around 

 $ 283 billion , however , their stock price began to plunge and it fell all the way to $ 5 billion by 

 2002 . People considered the reason behind this downfall to be the acquisition of Bay Networks at 

 a grossly high valuation . 

 Insight and Approach : 

 I made use of this story of Nortel to explain to the CEO of the business and the other partners 

 how the acquisition of another business at a higher valuation was not the right approach for it 

 may come back to haunt us in the future , especially considering the fact that the same happened 

 to a company that was in a position that was very similar to ours . Thus , I was able to make use of 

 storytelling as a tool and applied it to one of the biggest challenges that my firm and I faced . I 

 used the means of storytelling to overcome this challenge .
### Output: 