This was a very candid question Prof Mankads asked once – ‘What is money?’ and he answered – ‘Money is what is accepted a money.’ True, money is what is accepted as money. Humanity needed some tangible measure so we deviced various forms of money at various time. For example Read more
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
I was reading – Living with the Himalayan Masters by Swami Rama and came across an interesting analogy which I am sharing here. “…A candle light is extinguished by the breeze very easily, but if that light is protected and allowed to catch the forest, it will grow into a Read more
I was thinking about the change happening around us on a daily basis. On a lighter side – roads of Mumbai with so many potholes. Well, on a serious note the economic situation in USA, changing thought process of middle class Indian etc etc. Keeping so many thought aside and Read more
The first message we heard in the class of Brand Management of Professor Ram Kumar, was “It is an eco-system…”. An entangled, closely knit or perhaps confusingly mingled ‘Eco-system’. Econ-system of brands, products, product variants (variants are very confusing, no doubt) and bombardment of marketing messages (communication). Here everyone wants 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
Recently, I wrote about the ‘balancing act’ based on the story of the Buddha. I started observing the concept of balance to a greater detail when I received the story from Prof Mankad, and here are few pointers in this continued blog. What I have realized in my studies lately Read more