Prof Mankad said in our class ‘there seems to be possibility of double dip’ while teaching us macroeconomics. I have written on this in my blog at times. At times question comes in mind, why not using concepts of one field to the other the way we do it in TRIZ (The theory of inventive problem solving). I recalled a news shown on NDTV (it was shown in 2008 somewhere in Aug-Nov). I remember this Read more
I read some status messages on gtalk and other places – ‘lost in translation’. It is good that people get caught only in translation; there are chances when someone can be lost in words. Take an example – when I write business to Buddha, meaning is not limited to ‘business to Buddha’. Here Buddha relates to humanity, to the messages of the masters (prophets) and how message of the masters are applicable to businesses e.g. Read more
I landed in the city of world’s highest tower, Burj Khalifa, with big dreams as tall if not taller than the tower itself. Two of the dreams were, one learning and two becoming even more successful in career. I was naïve about formal education on economics and marketing (the specialization I opted for) I have learnt a lot, thanks to Prof Mankad and Prof Lopez for that. The foundation for learning is built and learning Read more
“Not invented here syndrome” is like making a statement to Prof Moradian or Prof Natarajan that your forecasting methods is flawed it does not work in my industry, company or department. Is not it prudent to ask if it worked somewhere, how did it happen? Let us take an analogy – Organization = Laptop Department = Microsoft Excel (MS Excel) When I make a statement– “You know what, 1. Mathematically, 2+2 is not equal to Read more
Germany? Is that… few days back President Obama was in India, he supported India’s candidature for permanent seat in UN. Germany and Japan the other contenders raised their voices on that. Germany is one of the two elected countries to serve as member of Security Council for two-year terms that begin Jan 1. Germany is also the protagonist for Unified Europe e.g. European Union (EU). Germany is the strongest economy of EU. And the trouble Read more
I heard a story that a person was ready to change his religion because of the strange rituals followed in time of demise of someone in the family. The question to ask at such times is – Are we meant for systems or systems are meant for us? A mobile operator and a credit card company did the same with me. I always paid bills on time, at times in advance! Yes, I paid 1/3rd Read more
“There seems to be high likelihood of double dip!” When we heard our professor of macroeconomics Prof Mankad say that we could not believe it. I recently thought to plot some charts and realized that human sentiments are also equally responsible for this. The following is a graph, here we see an increase in the center yet once the peak is achieved there is a drop and no gain. Some call it correction. Well, frankly Read more
My brother taught me playing Cricket; he introduced me to my Football and Basketball club. I played and represented club and division. I achieved some good accolades in athletics. He was the one who abusively told me when I was in class 5th that let us see if you can pass mathematics of class 10th either. And to his surprise I improved so much that I could solve MSc Physics problems when I was in Read more
I was wondering about evolution – how, what and when? I asked myself a question – when do we call something has evolved? The answer which came to my mind was –well, when the whole category of the group (species) grows from something old to new, that time we call this movement as evolution. If only one entity of a taxonomic group evolves – we may call development as an anomaly. Therefore, an evolution relates Read more
We all are on a path of evolution. We evolve, systems evolve, technology evolves… everything evolves. We were discussing in supply chain management, how cost can be reduced, how inventory is managed and how transport can be efficiently managed. The part which attracted me to write that here is ‘collaboration’ amongst distributors, suppliers, transporters and businesses. Resources are pooled and thus efficiencies are improved by collective transportation. Our professor suggested to us that until two Read more