Sunday, January 22, 2012

32nd Week@XIMB

32nd Week- 15th January to 22nd January, 2012

15th January : Sunday is mostly celebrated as perfect reading day by me. Pagalguy had some really interesting articles on their portal. I will put here two articles -

1- India’s latent entrepreneurship potential lies untapped because of life skills that aren’t taught and social expectations that aren’t set right. By addressing these problems in India’s bright youngsters through their curriculums, b-schools could lay the seed for innovative businesses that scale to become billion dollar companies, says Vijay Anand, Head of IIT Madras’s Incubation Center and Founder of popular startup event ‘’. Read more here..

2- The popular method of measuring the average salary against the fees to calculate the Return on Investment of an MBA program has no fundamental basis by any concept of Finance, says IMI Delhi’s Admission Chairperson Prof Himadri Das. He suggests a more sound method to calculate the RoI and demonstrates how it is linked to the quality of the b-school’s professors.
Read more here...

16th January : It was just another busy day. Today, I felt that humans have been sandwiched between godless communism and God-damn-it capitalism. Thrash religion, Love People and Learn Economics sounds like good mantra for mine personal development!

17th January : REPP lecture was mostly based on news discussion. There was use of words like Structural Adjustment and Structural Transformation. They are buzz words mostly used by World Bank regarding Indian economy. I get to know about colleges of developmental studies at International (IDS SUSSEX, ISS in The Hague, UEA Norwich) and at National location.

I learned a little about product and service design at OM. MIS lecture was a slow starter. All software engineers feel nostalgic for their working days and IT firms. RIM lecture was focused on both production and consumption aspects of the marketing. There is a TED video of Madhu Viswanathan founded and directs the Marketplace Literacy Project a non-profit organization that offers marketplace literacy programs in subsistence marketplaces.

TEDxUIUC - Madhu Viswanathan - Bottom-Up Solutions for Subsistence Marketplaces

18th January : MP lecture was largely based on the village plan. It was last lecture of ADM. Professor talked about philosophy of life that includes hard work, knowledge and ethics. He emphasized on the competitive advantage within us due to ours exposure to both academic and Industry experts.

Ms. Parul Agarwal, from the 2008-10 batch and is currently working as a Senior Research Associate at IFMR-CMR. She came to our campus but I was feeling lazy to attend her lecture.

19th January : I finally submitted the final version of our RLLE report to the college. It was 115 pages long having 40 pages of diagram only. There is over focus on the Elinor Ostrom while talking about Tragedy of commons. I learned in brief about STEEPLE (Political, Economic, Social, Technological, Environmental and Legal )analysis that is used as a framework of macro-environmental factors used in strategic management. There was similar study of dimensions of the community in CMIB lecture.

strategic Guest Lecture : Mr Kannan Lakshminarayan will speak on "Weaving a Vision: Technology applications in rural areas". Mr Kannan an engineer and entrepreneur has designed the rural ATM and a decentralised microspinning machine for processing cotton.

Malkha, a neologism that conjoins the words Malmal and Khadi, is the brand name of natural-dyed handloom cloth produced by the Decentralised Cotton Yarn Trust in Andhra Pradesh [Source : India Together]. Malkha' is a new age cotton fabric, that fuses traditional methods of production with innovative micro spinning machine's. Microspin is a start-up company born out of the vision to radically transform what is arguably the oldest industry of India – Textiles. This enables a field to fabric manufacturing chain, which is environmentally conscious and socially responsible, empowering diverse communities of cotton pickers, weavers and spinners through their ethical trade policies and equitable profit. More details on his innovations are available at MicroSpin and Youtube Video of Malkha is available.

With the mission of helping banks reach out profitably to unbanked & under-banked regions, and years of R & D ably supported by IIT Madras, Vortex has designed ATMs which are highly reliable, rugged, easy to use and eco-friendly. They consume up to 90% lesser power and hence can be economically operated using solar power. Vortex ATMs are currently serving even the remotest parts of rural India – using technology as an enabler to improve quality of life. More details on his innovations are available at Vortex India.

20th January : XIMB was hosting pan-India annual B-School sports fest, Athlos, on the 20th-22nd January. It was a rest day for me. On a serious note, I gave a thought about pursuing higher studies(PHD) with few years of field experience. This decision depends a lot on the personal life and academic standards hiding in the future. I always think a serious student of developmental studies must be equipped with skills in the real world with basic knowledge of political science, statistics, anthropological ,historical and economics, to encourage them for multi dimesnsional analysis framework. Even Chris Blattman agreed with me in his blog post.

21st January : I have no interest in these gaming affairs. Still,  I was busy playing Age of Mythology whole day. Time enjoyed is not time wasted.

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This Blog is meant purely as a personal diary of a rural manager in making. It exists to record information, experiences and opinions about various issues encountered in the line of duty. Any person, institution and organization mentioned here doesn't assume any liability for its contents. This is not a deliberate attempt to defame anyone. And if you have actually read all that is written in the blog and aren't mad at me, then thanks for your time and patience !


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