Gyan - Three factors that effects success

Three factors that effects success

1 - Relations : Man is a social animal. S/He cannot live without interacting with people. So relations play a major role in ones success. This relation can range from you spouse, parents, friends to the world outside. Any type of a person is an outcome of the surroundings around him, so give everybody a fair chance and stop being judgmental.

2 - Focus : In life the earlier you are focused the faster you will be successful and the more your life would be simpler. But yes when are you focused you are doing the same thing, so at certain times you have to hold your patience. After all expertise comes with focus and practice, practice, practice.

3 - Positive Attitude : Along with positive attitude you should also have the go getter attitude, that whatever may be the case you will get things done. The positivity will help you to push and the go getter in you will know that you can manage to get it.

Bonus- Grace (the whole world converges to help you) : If you have the above things in you the environment around will help you in some or the other way. At times it may even help you the way you didn't want. But you shouldn't care as it is the result that you should bother.

3 Es of Paradigm Shift in Management

Today we had our convocation for Post Graduate Diploma in Management at our college SIESCOMS, Nerul. Actually this was my first convocation ceremony attended by me. There were two guest being called for this occasion. First were Dr. Govind Natarajan and second were Mr. Jayant Godbole. Both were eminent personalities in the field of IT and Banking respectively.

The occasion started of by our Director Dr. A.K. Sengupta addressing us. I must say this was one of his most motivating speeches I have ever heard. I can still feel the Gus bumps when I am writing this.

Sir talked about the shift in the management paradigms. Basically this was to set the expectation which the corporates will have from the day we join them after MBA. The expectations comes from the need of the company/industry. So sir mentioned about the 3 Es of paradigm shift in the management parlance over the period of say 100 years when management as a concept came into focus.

1. Efficiency : As the concept of management came into place in the early 20s - 60s, people were talking about management efficiency. Every one should be efficient in their work. All processes and standards were monitored on efficiency.

2. Effectiveness : As years moved by, in the period from 60s to 80s, for that matter till 90s people talked about effectiveness. It does not solve any purpose how much efficient you are if a person is not able to deliver. How much ever time you save on a work, if it is not helping getting the work done, than its of no use. So everything should be target or goal specific. Be it market share, profits, sales, quality, customer satisfaction etc...

3. Excellence : Last but not the least from 90s onwards management focused more on excellence. As everybody started to be efficient and effective, what difference you are providing? What is that extra bit in you that makes you excellent.

Hence in short it is the excellence that they look for in new recruits. What different approach, be it in any way, are you bringing to the organization as a fresh blood. From technical side or management side companies now-a-days are rewarding such kind of candidates who brings difference in the perspective. Though at times it would be difficult for a candidate to make this difference, but once the change happens we can easily find people at the age of 35 becoming CEOs of the organizations.

And ofcourse at the end of having all this skills, one should not forget the BASICS

excerpts from nandan nilekani's latest interview on UID project

This is a project, which is unprecedented anywhere in the world

I have an office in the Planning Commission and thanks to Ahluwalia.

Challenges : 1 - De - duplication : to check duplication for 1 million entries daily.
2 - Quality of finger prints

It is an ultimate form of inclusive growth.

Aggressive deadlines : Issue the first set of numbers in 12-18 months.
600 million numbers in five and a half years from now

2 types of companies needed to implement this : One will provide technology for us
The second is those running applications for us

A biometric committee now under Dr B K Gairola, who is the director general of the National Informatics Centre (NIC).

read the full story on BloombergUTV

my favorite watch models

image made on picasa

Some info on the watch companies

Breguet : Breguet is a manufacturer of luxury watches, founded by Abraham Louis Breguet in Paris in 1775. Currently part of The Swatch Group, its timepieces are now (since 1976) produced in the Vallée de Joux in Switzerland. Breguet is one of the oldest surviving watch-making establishments and is the pioneer of numerous watch-making technologies, the most notable being the tourbillon, invented by Abraham Louis Breguet.

Longiness :Longines is brand of watch, originally a company founded by Ernest Francillon at Saint-Imier, Switzerland. Its origins can be traced back to the 1830s and it currently holds the oldest registered logo for a watch company (a winged hourglass). Longines is currently owned by the Swatch Group.

Longines is known for its 'Aviators' watches. One director of Longines was a friend of Charles Lindbergh; after his transatlantic flight, Lindbergh designed a pilot watch to help with air navigation. The watch was built to his specifications, and is still produced today.

Raymond Weil : RAYMOND WEIL GENEVE is a Swiss watchmaker, founded in 1976 in Geneva, Switzerland. The company was created by Raymond Weil, now Chairman. His son-in-law, Olivier Bernheim, became President & CEO in the 90’s and now the third generation, Elie and Pierre Bernheim, has joined the company. It is one of the last independent brands in the luxury Swiss watch industry.

content from Wikipedia

two good links on watches

http://dreamwatches.blogspot.com/
http://www.thepurists.com/

Rangoli - Art made out of colors

The above art is called Rangoli. Part of the word "RANGoli", RANG stands for color in Hind Language. More famous during Diwali, this art is created outside the house near the entrance. Diwali is one of the most important festivals in Hindu religion. Many kind of shapes and forms are being created by using colors.

3 N of consumer behavior

3 Ns of buying behavior

N - Nice to have
Its like going to a shopping mall and looking at a swiss knife and buying it. I know that I do not travel much but yes its NICE to HAVE one.

N - Need to have
Back to those days when we had pager as a device. I have one of Motorola, and I am a business man. Suddenly people are using mobile phone as they become cheaper and people are finding difficult to reach me. I NEED to HAVE a mobile phone. Still I can survive for some time with pager, as my business is not that huge.

N - Necessary to have
Continuing the above scenario, my business is growing. People are really facing difficulties to reach me. Also due to pager the TAT(turn around time) for my reply is more. People start complaining please do something. Now its NECESSARY for me to HAVE a cell phone.