Saturday, February 23, 2013

89th Week@XIMB

89th Week@XIMB - 17th February to 23rd February, 2012

17th February - Sikkim Trip

18th February - Sikkim Trip

19th February - Sikkim Trip

20th February - All classes were finished till now. I only remember Hobbes quote mentioned in Ethics class - It is a bleak world where there is continual fear, and danger of violent death; and the life of man, solitary, poor, nasty, brutish, and short.

The following seven students of RM II have won the worldwide ACARA Challenge of USA (University of Minnesota). The Teams are: Pure Pots- V Ramesh, Pabitra Nayak- Prize $ 1500 ; Nutricycle- Jyoti Kumar Mainali, Omprakash Singh, Shreyas Bhartiya- Prize $ 1000 ; Community Shops- Amit Verma, Sachin Pethkar- Honorable Mention- (Prize money on Pitching)

21st February - Only one student had completed IRP in a entire batch of 330 students, and that puts his effort in perspective. B Srinivas Rao completed his IRP with full dedication and efforts.

22nd February - This was the last class of CMD where I learnt about futures market in more detail. The recent growth of futures trading has taken place in the backdrop of a long history of ban on forward trading when the perception about these markets was not good. These markets are bound to challenge status quo and adversely impact some interest groups. Whenever futures markets try to grow faster than the under developed physical spot markets of underlying commodities, disconnect between the two gets widened thereby exposing the futures market to the criticism of being driven by speculators, even if closely regulated.

23rd February - From a distance it seems that XIMB-RM is two poles: the potential, educated progressive half; and the self indulgent and bias, backward half. And they are quite dynamic in nature depending on situations ;) But a neanderthal legacy of hullabaloo over civilized and reasoned debates exist in the students.

Saturday, February 16, 2013

88th Week@XIMB

88th Week@XIMB - 10th February to 16th February, 2012

10th February - A person's essential fair-mindedness is perhaps its most striking and skillful feature that can won him over adversaries. That was my assumption until I came at XIMB. Here, the bias decision will win you more friends and build a reputation of caretaker. I hoped that such scenario changes in coming times in vain. The lobbies, peer pressure and affiliation became stronger with each passing day. I read a quote by Warren Buffett that cleared the fog in the mind : "If they don't have integrity, they never will. The chains of habit are sometimes too heavy to be broken."

11th February - George Orwell had said long time back: "Every generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it." This holds so true for each batch of engineering or management that I have been part of.

12th February - I read a wonderful statement on Economic inequality in a Journal : (Economic) Inequality materializes the upper class, vulgarizes the middle class and brutalizes the lower class.

13th February - Not in campus.

14th February - Not in campus.

15th February - Not in campus.

16th February - Not in campus.

Saturday, February 9, 2013

87th Week@XIMB

87th Week@XIMB - 3rd February to 9th February, 2012

3rd February - Not in campus.

4th February - Not in campus.

5th February - Not in campus.

6th February - I returned to the campus and attended GID lecture. I became aware of the term Green GDP for first time. The green gross domestic product (green GDP) is an index of economic growth with the environmental consequences of that growth factored in. Due to lack of training in economics, I was also unaware of the term Shadow Pricing. While discussing more about economics, I came to know about Ithaca Hours, Joan Robinson, Gender-related Development Index (GDI) and the Gender Empowerment Measure (GEM) . There was a general consensus that our society with market economy has transformed into market society in the age of neo liberalization.

7th February - There was discussion on audit process of an organization in GD class. That led our informal discussion in the class to Comptroller and Auditor General (CAG) of India.

8th February - “When in Rome, be a Roman” is an often quoted idiom, but I never believed in the the practicality of this phrase. Moreover, it's everybody desire to be like, looked at and responded for walking on an offbeat path. This routine statement became more important in the context of state versus individual. No one can deny moral courage, of a person who stands in the face of public and governmental pressure and to do what is right rather balancing the views. It is necessary to be different and unique in its own sense. That individual walking a different line can only became a though leader and can be taken as an asset for social structure even when society is not conducive to adapt the contradictory form of truth. It is important not only for all of us to understand importance of such person. It's what it stands for when standing for something is the most difficult.

9th February - In the absence of Prof Kajri Mishra, our lecture was taken by Prof. Debi Prasad Mishra, who handles the general management strategy and policy department as a senior faculty member at IRMA. The complete lecture was around public system management. There was brief discussion on externality and Fiscal Responsibility and Budget Management Act, 2003 (FRBMA). In context of Indian state, post independence state has taken responsibility to provide fair value to producers, reasonable price to consumers and employment to the work force. That was a nearly impossible for any state to attend multiple objectives of the contradictory nature. And generations have to bear the good and bad consequences of such experiment.

It is a common complain that bureaucracy is not of customer friendly nature. It's wrong because there definition of customer is quite different. Citizen who pays for services is not a customer but who is in power hierarchy is a customer for them. This was a deja-vu moment of my learning about government. There are various methods like Citizen's Charter, RTI, Social Audit and e-governance has been taken to make state more citizen friendly. Let me end this week with an old, if cynical, saying about government : “Never believe anything until it is officially denied.”

Saturday, February 2, 2013

86th Week@XIMB

86th Week@XIMB - 27th January to 2nd February, 2012

I am away from the laptop, internet and XIMB for a complete week on a trip to home. I was becoming stoic calm proof against vicissitude of academic pressure.

The power of "rural": A special on rural marketing


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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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