Two thousand five hundred years ago, a man (The Buddha) said – there is suffering, there is cause of suffering, there is a solution and the solution. After so many years, we understood the cause and effect relationship, yet we experience sufferings… Japan was hit by a major earth quack, economy of big super powers is still struggling, inflation is rising, corruption (in India at least) etc. These are macro problems, there are many micro Read more…
We talk about long term sustainability, but want to gain in short term. Shareholders want quick dividends as well as long term performance of the company. If reserves and surplus (R&S) are given in dividends where would company get money for growth. In such cases our actions and desires conflict. I initially thought about the Japanese currency crises in similar fashion (common cause Vs individual gain). Though later Prof Mankad told me that the reason Read more…
I watched a movie sometime back – To Sir With Love. The long and short of the story is – To Sir With LOVE. I want to thank all my teachers for making me what I am. The following lines are dedicated to all my teachers, those who have taught me outside or inside the class. The Buddha’s of my life, who taught me – either the Buddha’s way or the business way. The time Read more…
This post is dedicated to all my friends whom I met exactly one year back at SP Jain Center of Management Singapore Campus. Video on the link of Youtube. This is a song from an old Hindi Movie (Chhoti Si Baat). Bold are the lyrics in English for my international friends… for Phuong – please don’t try to learn Hindi from the below translation you may get confused 🙂 Na Jaane Kyu, Hota Hai Yeh Read more…
The Business What is business? Trade is the underlying concept of business and exchange of one thing for the other is trade. Earlier trade was based on barter system. Later, with the introduction of the concept of money, more sophistication was added to trade e.g. business. Based on a very basic definition of business, I can say life is a business, you trade relations; in fact you trade pretty much everything in life. On a Read more…
(A correction, in the title ‘I’ stands for ‘the teachers’ and ‘you’ stands for me or ‘the students’.) I have had privilege of meeting Prof Mankad recently, it is always a pleasant experience meeting him. I realized he always has something very meaningful to share and his opinion are always very well thought off, I have a lot to learn from him. While talking to him I realized that many good teachers have given a Read more…
In continuation of my earlier blog on the mistakes I made in my MBA and what I learnt, I received responses from my friends specially would want to mention two here – Sanjan and Prof Subba Iyer. Thank you both for taking time and responding to me. I talked to Sanjan and here is what he wrote to me (I liked it and asked if I can post that on my blog?), so here is Read more…
As a ritual which every B-school aspirant has to perform, I also wrote B-school essays before joining my MBA program. I remember one of the phrases of one essay the most – “…making mistakes that will cost nothing in a classroom environment…”. I knew I will learn from the mistakes as well. I feel, a failure teaches long lasting lesson then a success. I have learnt a lot from the mistakes during last couple of Read more…
I was reading a newspaper, the question came in mind – next is what? For a moment Samsung mobile advertisement came in my mind. So keep guessing, next is what for Samsung (off late for Nokia too)? Jokes apart, the question is serious, forward looking and for soul searching. The question is very natural, after completing graduation person asks him/herself – what next further education or a job? The question is still there and will Read more…
I heard a story – a farmer owned a very good horse, he loved the horse as his son and it reciprocated. Even the king of that kingdom was envious of the horse. He sent his messengers to the farmer stating that farmer can exchange the horse for as much as half of his state. Farmer responded – ‘I will not, does anyone sell his son/daughter?’ People told him that he did a mistake, he Read more…