Saturday, November 17, 2012

75th Week@XIMB

75th Week@XIMB - 11th November to 17th November, 2012

11th November - I recalled a good session on role, commonalities and differences between Entrepreneur and Manager given by EDI Director Dinesh Awasthi. One is the creator of the organization while managers join the organization. Entrepreneur is looking for future plans and involved in creative destruction while Manager looks for past achievement and maintaining status quo. In the end, its the basic difference between puppet and puppeteer between them.

It's not the critic who counts, nor the observer who watches from a safe distance. Wealth is created only by doers in the arena who are marred with dirt, dust, blood, and sweat. These are producers who strike out on their own, who know high highs and low lows, great devotions, an who overextend themselves for worthwhile causes. Without exception, they fail more than they succeed and appreciate this reality even before venturing out on their own. But when these producers of wealth fail, they at least fail with style and grace, and their gut soon recognizes that failure is only a resting place, not a place in which to spend a lifetime. Their places will never be with those nameless souls who know neither victory nor defeat, who receive weekly paychecks regard­less of their week's performance, who are hired hands in the labor in someone else's garden. These doers are producers and no matter what their lot is at any given moment, they 'II never take a place beside the takers, for theirs is a unique place, alone, under the sun. They are entrepreneurs! - Joseph R. Mancuso

11th November -

13th November - Happy Diwali. I will produce talk on entrepreneurship by Inir Pinheiro.

Whenever you endeavor, the structures are not there. You have to make your own path. Need conducive environment in the college for people to venture differently. It matters from which community one comes from. Lack of opportunity creates violence. That shows clearly in the relationship of a B-School batch around placement week where everyone wants to go for glorified desk-job. There are two types of journey: The journey without and The journey within. Then, he asked us to watch a TED talk by Dan Pink

Dan Pink: The puzzle of motivation

Career analyst Dan Pink examines the puzzle of motivation, starting with a fact that social scientists know but most managers don't: Traditional rewards aren't always as effective as we think.

14th November - There were several complaints about the speed of the internet connectivity off late. The speed has been affected because college is upgrading its internet connection. Initially, we had 70Mbps Airtel + 20 Mbps Ortel and we are currently upgrading the airtel connection to 110Mbps.

Funny things B-school students say and what they actually mean

15th November - There was a case discussion on : Diffusion of Innovative Teaching Method: Case of The Heritage School (A) and (B)

Diffusion is the process by which an innovation is propagated through certain channels over time among the units of a system. Innovation: From the point of view of a customer, a solution is considered innovation when it is new or perceived as new by the individual or the unit of adoption.

16th November - There was an evaluation and feedback session for the volunteers for NSORM today. Our work was well applauded by Kajri Madam.

Batch-meet was organized by RM Placement committee tonight and the future job scenario was looking bleak. It again reconfirmed my predictions that XIMB RM had not have market sense in the expansion of batch size from 50 to 100 for 2011-2013 batch without backing up for job opportunities in bad times. This institute had indeed dimmed diamonds in a sense of peer learning.

Deep and meaningful professional development comes from setting high expectations, from challenging oneself, and from supporting them. With hard times coming, I must demonstrate greater wisdom and confidence. If one is not enjoying what he/she is doing, then probably one will neither be doing justice to yourself nor your dependents.Hence, one should choose job carefully.

Gore Vidal once made a very fine statement: At any given moment, public opinion is a chaos of superstition, misinformation, and prejudice. This was shown after the completion of the batch meet when rumors and gossips were running high.

17th November -There were first three classes of Product and Brand Management for Agri-input Products (PBMAP) by Prof. P. Venugopal of XLRI. We learnt about Market Structure - Conduct -Performance in Agri-inputs, Farmer Buying Behaviour and Store loyalty v/s brand loyalty.

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