Prof Moradian taught us concept of the Theory of Constraint. He also suggested us to read a book by Eliyahu Goldratt – The Goal. In the novel, protagonist is struggling with the operational inefficiencies of his plant and therefore facing a constant fear of management decision to close the plant. Read more
The following are few dialogs (curtsey – www.imdb.com)… It is interesting so sharing on my blog. ‘How long will we live in the world of $!’ The concept of movie is based on how a news channel management and one of its anchor share relations and What happens in an Read more
I had written about this earlier, however thought to revisit the same again. What is the meaning of system when it is not solving the required purpose? Let us take the same example again from my previous post Lost in translation. What is the meaning of grammar (System) if the Read more
I remember an opening of Prof Mankad’s class. He asked ‘What is money?…’ and so on and so forth. Money is what is accepted as money. The trust of acceptance gives value to money. Irony is this TRUST. This concept e.g. money creates maximum MISTRUST. The concept which, I believe, Read more
For some time I did not write. I was considering writing either on “Utopia – the Dream world” (in Hindi – Ram Rajya) a type of communism in my opinion or on economics. A news item of yesterday made me select economics the later one. This news read “Deutsche Mark 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. 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 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 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 Read more
This is one of the stories shared by Prof Mankad with me. Once on his tour, the Buddha was resting in the shade of a large pipal tree. Under a nearby tree a group of dancing girls was also resting. One of the apprentice musician girls asked the leader of Read more