Wake up, wake up, wake up Its a brand new day Ye Wake up we got everything to give today Wake up! This is a new alarm tone for me. I bought new mobile and this was the default setting. I woke up in initial few days. After a couple of days I got used to and snoozed often. A common phenomenon! Once as usual when I snoozed the sound and heard again after 10 Read more
Fiscal cliff? What’s that? I asked Professor Mankad (Sir). He explained it to me in detail. I loved learning that big picture from him. I must admire President Obama for the way he has put in his plan. Everyone in US Admin knows that “We are in trouble”. But how to get your idea win, should be learnt from Obama & Team. When Sir explained whole thing with immense patience, I thought about what could be the solution. Read more
Disclaimer – Author himself is an MBA in Marketing (has been and is in the business of – kind of – selling dreams) and has worked as operations management consultant (has been and was/is/has been facing the challenges faced by operations department) I was comparing ourselves as an organization. I am an organization in myself, so are you and Ms Y. I was wondering about the departments Marketing and Operations. Marketing is selling dreams and Operations is capabilities. Read more
As usual, I was sitting in the Best bus, coming back home from office. The day was same and everyone was tired dozing off in the bus itself. I put in my ear plugs and – after ages – started radio on my mobile. FM gold – Govt run FM channel – was playing an old, inconspicuous and lesser known song. Since the song was sung by Manna De Sab, I stopped and listened to it. Read more
I live in a place where there are many coconut trees nearby. No doubt we get tender coconut on a regular basis. In fact for months I had been playing with my niece – Chinu – with those tiny coconuts by helping her throw them in the sea. What I never noticed while helping her play with those tiny coconuts was – “how it grows from a nothing to so many things!” That blossoming of Read more
Businesses are made for profit making, is there a question in this assumption or argument? For the time being, I am assuming there is no doubt about the argument that business exist for making profit. I have been thinking about the topic of “measuring growth” I wrote recently. People may say there are businesses as “Not for Profit Businesses”. This concept of “Not for Profit” in many cases is about reinvesting profit in business rather Read more
I had been asking myself a very naive question. How do we measure growth? Well the answers is not “the GDP” etc. What if I sell things very expensive? GDP might grow, right? So, I zeroed down to interest rate as one vehicle to measure growth. Well, let me be more fairer in providing one more reason for taking debt as a metric. I had been wondering about 2008 crisis and the fancy word – Corporate Debt Restructuring. Read more
My little niece – we call her Chinu – has a couple of videos and books. In some of the videos and books there is a story, in this story the main character – Lenny (in one story) – is searching/waiting for a friend. The idea is – Lenny wants a friend did not know how to identify the friend. Some of the dialogs of the story – …”Oh Sorry! cheeped a little voice” “Never Read more
I met Sai Kaka about 4 1/2 years back. He is from Sangli, a city in Maharashtra. I read a book on him (in Hindi) Pooja Ka diya and quickly had an opportunity to meet him. I was impressed with his straightforward and practical approach. Take an example Sai Kaka says “Religion is an individual choice, in groups it is not a religion but a community and where there is community there can be communalism!” What we Read more
In his class, Prof Mankad asked us “what is money?” He answered – “Money is what is accepted as money”. Very apt definition. Here I am taking small freedom to change it a bit. I am changing the word “accepted” to “trusted”. Of course trust is a very heavy word. We have built a concept “of money” on trust. The question is where is trust? On a lighter note – There was a time when Read more