73rd Week@XIMB

73rd Week@XIMB - 28th October to 03rd November, 2012

28th October - See a heart moving documentary Dilli'. It is a multiple-award winning documentary that has played in over 80 international film festivals across North America, South America, Africa, Europe and Asia.



29th October - Mid term has been taking place in this span of time.

Cracking the rural code and Rural consumption boom are two articles for an insight of rural markets.

30th October - SCM quiz was there.

31st October - There was case discussion on Barilla Spa. While learning about pasta in case study, I reached a conclusion that consumption pattern of essential commodities like wheat and rice can't change but only purchase pattern. I learnt that in long run, stability in sales figure can be offered without giving any short term promotions. Promotion and marketing is tow different activity as per prof in supply chain class. To see the effect of promotion, check the sales data of two quarters before and after the peak promotion season of previous 3-5 years. That will help in fair impact assessment of promotion offers.

01st November - We studied in the case study how Honda entered and gained dominance of the USA motorcycle industry in STM class.

MART has initiated the knowledge series as part of its commitment to disseminate knowledge among larger stakeholders since 2009. The list of knowledge series documents given by MART is here.

02nd November - Xpressions is the annual B-School fest organised by the student community of XIMB, in their endeavor to foster interactions with the corporate world and other B-Schools.

Vinayak Veerakesavan and Binayak Acharya managed to get a special mention award in the Sitaramrao Case Study Competition this year. Narrowly missed the top three. They were working on Manglajodi Eco Tourism. Great Work guys !!!

I applied in IFMR and mine CV was selected for first round. Knowledge of econometrics and qualitative tool was must for this profile. I studied a little about Randomized Controlled Trials (Research Paper)and Impact Assessment (148 Page PDF).

03rd November - I got rejected in IFMR after interview. There were rejection in past weeks in CEAT Campus Connect Contest and Social Entrepreneurship contest. In order to succeed, one must be given a chance to fail. I am going through that phase of failures. Short term success gives me that confirmation to keep doing the hard work and keep trying to move forward. Faith in oneself for cracking big shot is never enough. Recently, I have began to doubt on my capabilities and talent. Still, I respect the journey and accept failure. I am looking for a nice break away from hard luck. I am off for the rest.

72nd Week@XIMB

72nd Week@XIMB - 21st October to 27th October, 2012

21st October - “Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.” ― Peter F. Drucker

I never fully understood importance of leadership until landed here in XIMB. Any university that does not offer its student this freedom and opportunity will fail to develop promising leaders and managers. I am lucky to have ITBHU and XIMB as institute of higher education. I guess any student needs to do study about something he/she is truly passionate about – if he/she is sitting in classes merely for the sake of grades/ – he’s just missed the point! There are some courses that may be no practical use in desk job, field service or even research, there is most certainly value. If you want to be a leader, there has to be irrationality in your setting up of the dreams. As Nelson Mandela rightly said "There is no passion to be found playing small."

Any institute or organization don't just need firefighters, they need architects too; Leadership is not just about solving problems but exploring opportunities. Leadership at the organization often becomes confusing and uninspiring. Top talent leave an organization when they’re badly managed. And generally immediate supervisors are the prime reason. People are always ready to work hard in the conducive environment and can even compromise salaries for a stability. But when senior management don’t hear the voice of the employee below, the plot of disaster creeps in the team. “People leave managers not companies.” This is highly cited quote in corporate world and I agree with this statement. What are leadership traits ? There is no hardcore and strict signs but the motivation and innovation will come high in my list.

22nd October - Kolkata tour is on.

23rd October - Kolkata tour ends today.

24th October - Back to Bhubaneswar and sleeping with luxury.

25th October - I am down with fever, cold, headache and body pain. The winters have arrived in this part of the world.

26th October - There was discussion on Balance Scorecard, Bench Marking and Scenario Analysis in KMSDS class.

27th October - With experiencing so many upheavals, I am more mature now. You are obviously wiser at 27 than when you are 21-22. I have understood my abilities and weak points. Passion is still there [though] faded due to academic burden.

71st Week@XIMB

71st Week@XIMB - 14th October to 20th October, 2012

14th October - Binayak Acharya & Gaurish Manerkar won 1st Prize at B-plan competition in KIIT. That is a one more positive news for XIMB.

15th October - In SCM, we discussed about basics of network design in supply chain.

We were taught in CBRM lecture about attitude formation that is explained through tri component model of Cognition, Affective and Conative process. (Source; Schiffman and Kanuk, 2004). I was suggested to read about The Stanford Prison Experiment.We were told about tom sawyer effect where sometimes a very unattractive thing can also be made very attractive. There is a webpage for more study.

16th October - There was case study on Timex corporation in strategy class.

There was discussion on Daniel Kanheman in CBRM lecture and his Dual process theory where System 1 is Automatic & unconscious and System 2 is Slow and sequential thinking. I read a good article on discounts- Paying more in a sale? How to spot a real bargain from sneaky retail tricks.

The symbols are powerful instrument in touching the chords of the customer. When Gandhi broke the salt laws, he was expressing pent up emotions among Indians. The salt tax charged the Indian people for a basic human necessity and prevented them making their own salt. Hence, Indians were forced to look for the meaning of freedom in their daily life affected by British Rule.

17th October - There is an urgent need to learn linear programming model for going through basic of distribution network design.

We all learned something about Power Chemical companies through the case - Creating Fertile Ground for Knowledge at Monsanto. In power chemical sector, life of patent is 7 years while that is 16 -20 years for pharma sector. We were given insight about core competence through example of Larsen & Toubro (L&T).

18th October - In STM, there was focus on growth, stability and other strategies followed by companies. In this CBRM lecture, I learned about different type of heuristic : Anchoring, Availability, Naive Diversification, Affect, Social Proof and Effort.

19th October - The classes are closed leading to Puja Holiday.

20th October - I should interact with persons from different social strata to understand the aspirations, source of strength and fears of individual. TV, Social Media and Internet is not reality, go outside, travel, talk to different people and live. There are places where people have never seen a proper doctor. Mike Horn, the adventurer has aptly put importance of living life full of new experiences: "If you don't have any challenges, you don't have experience and if you don't have experience you haven't lived life."

70th Week@XIMB

70th Week@XIMB - 7th October to 13th October, 2012

7th October - Sunday : BASF field visit.

8th October - I learned about CST, VAT and upcoming GST in SCM lecture. Under the CST Act, the tax is collected at one stage of purchase or sale of goods. Therefore, the burden of the full tax bond is borne by only one dealer, either the first or the last dealer. However, under the VAT system, the tax burden would be shared by all the dealers from first to last. Then, such tax would be passed upon the final consumers. There was brief discussion on FDI in retail that is a hot topic these days .

9th October - There were no classes. There was very important batch meet regarding placement. We all are heading towards the future determined by the placement, there is an uncertainty in the even calm minds also. As Keynes has said, we have, as a rule, only the vaguest idea of any but the most direct consequence of our acts. In our decisions, the pull of reality is greater than pull of dreams. I don't know where I will flow!

10th October - In this SCM lecture, there was study on transportation and inventory cost.

11th October -Fr. Sirinus Topno, S.J. left for his heavenly abode yesterday evening due to cardiac arrest. Fr. Sirinus served the Institute in various capacities such as Administrator of CENDERET and MDC since 2010.

Gramotsava launch. Gramotsava, an event conceptualised by students of Xavier Institute of Management, Bhubaneswar is done to promote products and business concepts among rural masses, got underway from Thursday. The event, organised by Rural Managers’ Association of XIMB (RMAX), saw the unveiling of the official banner for Gramotsava 2012 with the theme ‘Back to the Roots’ here.

There was a talk given our alumni Parul from CMF -IFMR. This talk revolved around impact assessment of the project. Her work profile was more a policy based action research that requires good knowledge of statistics & econometrics with software's like SPSS, STATA.

12th October - The launch will be followed by a two-day fair in the rural haats of Tangi and Begunia in the districts of Cuttack and Khurda, respectively. Daily Pioneer newspaper has covered the item in detail.

13th October - I was absent from the 2nd day of Gramotsava. Better said than done, guys (Binayak Acharya, Kshitij Gupta & Gaurish Manerkar) from batch had won 1st Prize in a debate competition held at KIIT.

69th Week@XIMB

69th Week@XIMB - 30th September to 6th October, 2012

30th September - I was busy whole day in field visit of live project.

I over viewed a World Bank page that summarizes Doing Business 2012 data for India. Also, Power of Ideas 2012: NASE, a new voice to boost India's social ventures and Power of Ideas 2012: Quipper Research, an all-women startup, dedicated specifically to qualitative marketing research.

1st October - There was discussion on facilities, capacity design and inventory in SCM lecture.

2nd October - A holiday gone in watching movies and reading pile of newspaper.

3rd October - There was discussion on Supply Chain Design at Jaguar: Bringing 'Nirvana' to Halewood case.(Full Pdf) There is one more complementary case that was not even mentioned in the class - Jaguar Comes to Halewood: The Story of a Turnaround.

Registration of IRP is over and yet exact topic of IRP is still undecided.

4th October - There was discussion on Lifebuoy - Leviathan or Legend case in STM lecture. I learned that a market leader should be ready with a fighting brand but should not introduce unless competition is stiff as it can led to cannibalism of its own premium brand.

5th October - There was only one lecture of KMSDS revolving around a case discussion. Chaos Theory: Harness Knowledge to Benefit Front-Line Service Delivery Teams, Staff, Customers, Clients and Health-Care Providers. I learned about organization life cycle.

6th October - I volunteered with group of SE students to visit Milk Mantra Plant. I was able to see the procurement and processing part of the complete business model. Milk Mantra facility at Gop, Puri district - Ethical Milk Sourcing programme creates a sustainable impact on the lives of more than 5000 milk suppliers on fair pricing policy. And, the network of farmers also get access a variety of extension services aimed to

21st Week @ XIMB

21st Week - 30th October to 5th November

30th October: The Mid-term exam is over and the whole day has passed in watching movies and roaming around. I read a good quote today from C K Prahalad that states: Executives are constrained not by resources, but by their imagination.

All Aboard The Slave Ship: An open letter to Young India, callous and comfy in its cocoon.

31st October: Winters and studies post mid-term have started. I have been allotted Meghalaya for RLLE (Rural living and learning experience) and hoping to see the true picture of BHARAT vis a vis India.

My CV was also not shortlisted for a summer internship at TERI, hence, I was quite disappointed today. Hoping for a new start. Gaurish, Partha, and AP give much moral support to overcome this grief.

An old Interview with students of PGDM-RM students (Future Rural Managers)

1st November: Apple's Think Different advertising campaign. 1997-2002 re-consolidated my conclusion that thinking differently and independently is the ultimate path of growth.

There was mention of noble laureates Elinor Ostrom and Paul Krugman in marketing class. Elinor Ostrom's speech and Paul Krugman's speech at the Nobel Prize ceremony are linked to the common good . As a budding rural manager, one should know a little about the works of Elinor Ostrom.

She was awarded the 2009 Nobel Memorial Prize in Economic Sciences, which she shared with Oliver E. Williamson, for "her analysis of economic governance, especially the commons." Ostrom is considered one of the leading scholars in the study of common pool resources (CPR). In particular, Ostrom's work emphasizes how humans interact with ecosystems to maintain long-term sustainable resource yields.

As per the advice of faculty teaching ADM course, two types of abilities are needed to get a premium over others. One is our ability to relate and learn, other is our ability to forecast the future.

2nd November: I missed MEARS lecture for SRM assignment.

Our Human Behavior can be predicted by laws of Mathematics. It was a revelation for me despite having an engineering background. Heard about Sheikh Maktoum and Pallonji Shapoorji Mistry (Phantom of Bombay House) in ITM class for the first time.

3rd November: Learned much from below two study materials and one short video.

McKinsey & Company - The 'bird of gold': The rise of India's consumer market: If India continues on its current high growth path, incomes will almost triple over the next two decades, and the country will climb from its position as the 12th-largest consumer market today to become the world's 5th-largest consumer market by 2025.

McKinsey & Company - India's urban awakening: Building inclusive cities, sustaining economic growth : India has a young and rapidly growing population—a potential demographic dividend. But India needs thriving cities if that dividend is to pay out. New MGI research estimates that cities could generate 70 percent of net new jobs created by 2030, produce around 70 percent of Indian GDP, and drive a nearly fourfold increase in per capita incomes across the nation.

Food and You:

This animated story journeys through the broken food system and then looks at the transformation that is already underway to bring about change. It brings it back to you, the individual at the root level, and invites you to be part of the movement to grow a better future.

To learn more about Oxfam International Youth Partnerships, visit the website here: http://oiyp.oxfam.org.au/

4th November: Today, the Programme coordinator of PGDRM proposed to send students next year to understand farmers' crisis in different places (In 16 years, farm suicides crossed a quarter million). He also encourages all students to understand local issues in great detail, irrespective of the given location. This step is inspired by IIM students to study ‘crop holiday’ villages. (The much discussed ‘crop holiday,’ declared by the farmers in East and West Godavari districts has drawn the attention of IIM Ahmadabad agri-business management students.)

Milton Friedman on Libertarianism and Humility: Human freedom is inextricably bound with tolerance. As Milton Friedman argued (see the video), the foundation of libertarianism is tolerance. (Fantastic 43 minutes long talk especially for the critics of Ayn Rand).

5th November: It was a day that lasted with 5 lectures. The most happening discussion was done in ITM class on Snacko India Limited: Leveraging Trade. Promotions for Competitive Advantage by Sajjan Raj Singhvi, Rajat Gera.

There was also a brief discussion on the case study of SEWA Union: Organising Bidi-workers. Book Download Link. Ela Ramesh Bhatt is the founder of the Self-Employed Women's Association of India (SEWA).

20th Week @ XIMB

20th Week- 23rd October to 29th October

23rd October: Learned about TSCR (Trend, Seasonality, Cyclicity and Random)

24th October: An Introduction to Livelihood Promotion : Traditionally the solution to the problems of poverty was conceived as an increase in income levels through the generation of employment. However this vision has changed in the last two decades. This publication shows how it is possible to promote livelihoods as a means for poverty reduction.

One cannot feed the hungry on statistics - David Lloyd George

MEARS- 85 % of savings accounts and 60 % of current accounts act as fixed deposit.

RPLS- Muhammad Yunus : Poverty was not created by the poor. There is nothing wrong with these people. They are just as capable and inventive and have as much potential as others. The system simply never gave them a chance to grow. If you really want to solve poverty you should enable people to take matters into their own hands.



25th October: Didn't recall events of today. I read an interesting statement by Gopal Vittal, Executive director for home and personal care at Hindustan Unilever on Indian market - Don’t Bet Your Money on India, Bet on its States. Only states that excel in the quality of human capital and infrastructure, rate of private investment and have a smaller government will attract more business.

26th October: Diwali Holiday ! Celebrated with harmony, joy and lot of fun. Students were looking more like human than machines after a long time.

27th October: I was told about Toolkit Break-Even Analysis tool in Marketing class. HBS (Harvard Business School) Toolkit Break-Even Analysis :Marketers studying the launch of a new product or service use break-even analysis to help determine at what point the product or service can be expected to be profitable. This downloadable interactive workbook, one of several workbooks/ tutorials from the HBS Toolkit used by Harvard Business School students, is designed to help calculate a break-even point or target-profit level based on the fixed costs, variable costs, and unit price of the product or service being analyzed.

28th October: MEARS mid term exam.

29th October: FSA mid term exam.

19th Week @ XIMB

19th Week- 16th October to 22nd October

16th October : One fine day is Sunday. Still post Gramotsava, there was 2 hour session on EQ & Leadership. I learned that there is always lack in abundance.

17th October : The whole day just passed away. I did't think any productive work was done today. Still I was able to read one good article :- Ph.D. Thesis Research: Where do I Start? Notes by Don Davis, Columbia University.

18th October : FSA quiz was a disaster. Missed Kuru meeting and slept quite early at night. Since, I was roaming out in the morning, soft skill training session was also missed.

Rediscovered Facebook Page of India - Rural Livelihoods.  For implementing the inclusive growth agenda, it is crucial to prop up agriculture, the soft underbelly of our economy. The National Rural Livelihood Mission (NRLM) should take charge of dry-land farming now by Ramesh S Arunachalam.

19th October : Alumni Talk was given by Mr.Patnaik. He is a rural management program pass-out of first batch. He has expertise in banking, insurance and micro-finance sector.

1- XIMB started one year Post Graduate Diploma Program in Rural Management for the graduates and NGO members in 1995 which was upgraded to the two year PGDM (Rural Management) programme from 1999.

2- Before entering in the corporate sector, one must ask -: How am I going to build my career ? Package of the placement offer is not necessary but selection of right sector. Work in the organization for atleast 2 years is necessary to build a robust professional network inside the company. This time duration helps in getting an overall picture of the company and sector. Hence, One should do cost benefit analysis before switching over to another company.

Catch : Its easy to switch from corporate sector to development sector rather than reverse phenomenon.

3- And there was once a lot of RM-XIMB versus IRMA debate but it has now cooled down.

Last but not least, customer retention is more important than customer service in banking sector. Huge investment is needed in human resource for any company to sustain and grow in the long term.

Case study Analysis:

Harvard Business School: "Inside the Case Method" -1




Harvard Business School: "Inside the Case Method" -2



20th October : There was case discussion on TI cycles whose diagnosis were done by four different professors in this paper at Vikalpa, The Journal for Decision Makers that is a quarterly publication of the IIM-A. It ends with the profound quote by Thomas Edison : I am more of a sponge than an inventor. I absorb ideas from every source. My principal business is giving commercial value to the brilliant but misdirected ideas of others.

When India marketeres in trouble, they pray to rural markets - Prof. Mithileshwar Jha, Marketing IIMB . I learned about dumping and tariff  in ITM class and quoted brilliantly in PROJM class to Gaurish - Things are interesting when you take interest in it.

At a lot of times, economics and formal education is not everything. I found one more evidence in support of this. In Rajasthan, India, an extraordinary school teaches rural women and men -- many of them illiterate -- to become solar engineers, artisans, dentists and doctors in their own villages. It's called the Barefoot College, and its founder, Bunker Roy, explains how it works. Sustenance with existing resources is the crux of his talk.

Bunker Roy: Learning from a barefoot movement


There was soft skill training conducted by Placecom today. I attained mock interview session & it was quite effective. Lesson learnt but not sure about it :- One has to build/fake success stories while presenting in MBA interview.

21st October : Day was passed in academic activities. One good case study was done in Prof Peepin's first class about MEADOW and Titan Industry. This case study can be found in (Page 75-86) of Livelihood Manual Book [Download in PDF Format] . An alternate reading material :- Corporate Non Profit partnerships - Case Study of MEADOW is good source for details. In 1995, Titan began working with local NGO Myrada. Al Fernandez, the promotor of MYRADA, one of the leading NGOs in the country used to say this :'We (those associated with MF work) need poor for our survival. But the poor have survived generations after generations even without any of these institutions.' Following early successes the initiative was converted into a privately held company run and owned by the women themselves, supported by further technical training and expertise from Titan. The company was called MEADOW (Management of Enterprise and Development of Women). “In a free enterprise, the community is not just another stakeholder in business but is in fact the very purpose of its existence” Mr. Jamsetji N Tata, (Founder, Tata Group)

 22nd October : Complete Day was passed in finalizing PROJM and FSA assignments. Evening time was occupied by Finomics'11. XFin hosted Finomics'11, a national level panel discussion. The theme for Finomics'11 is 'Emerging trends in Risk management'. The eminent speakers for the panel discussion were: Mr. C. S. Mohapatra, Director, Capital markets, Finance Ministry, GoI Prof. Girish V S, Group Editorat BFSI NexT & CFO NexT Dr. K. C. Mishra, Vice Chancellor, Sri Sri University, Orissa Mr. K. C. Samal, Executive Director (Finance), NALCO.

Notes Undertaken -: 1) Every risk has return period. The vulnerability to risk (like effect of hurricane on GDP at Bangladesh vs USA) varies. It also determines the opportunities and threat. Each visionary converts possible risk into the development. 2) "It will not happen to me " is the basic assumption of the people to avoid any investment in the risk management. 3) Even Basel II is not implemented fully in Indian banks. 4) There are three type of people everywhere - EITHER "My Way", "Know it All" and "Let it Go" OR "Taker", "Owner" and "Manager" of risk. 5) What I avoid is 'Let it Go' attitude and record all mine memorable experiences for the benefit of others in the long run. 6) Lot of complicated mathematical models require lot of knowledge that is possessed by only few. All CEO are dependent on the complex mathematical models but unable to understand them. 7) Public Secto company like NALCO gives more emphasis on risk caused by production and environment issues rather than financial matters. 8) Regulator is not the risk operator but only facilitator in mitigating the risk. This was said in the reference for banking sector. But,I found it true for each path of the life and business. 9) Operational risk comes in the term of fraud. Lot of study has been done on this in the field of behavioral economics. 10) Indian bureaucracy has tendency to save its skin by talking/consulting with everybody. Sub Prime crisis at wall street has opened eyes for many to stay alert and engaged in lot of confidence building efforts. [News Link] The Central Government on Thursday constituted the Financial Sector Legislative Reforms Commission (FSLRC) under the chairmanship of former Justice B. N. Srikrishna to rewrite and harmonise financial sector legislations, rules and regulations. --- In many industry, Demand forecasting is done through TSCR model (Trend, Seasonality, Cyclicality and Random).

18th Week @ XIMB

18th Week- 9th October to 15th October

9th October: I returned to the hostel yesterday. This week is mostly dedicated to Gramotsava 2011. Today, I checked a newspaper article on Gramotsava 2011 today. XIMB reaches out to masses through fair - Rural management students create a marketing base in nearly 50 villages.

Gramotsava-2011, a rural marketing fair, is organised every year by the Rural Managers' Association of XIMB (RMAX). Thus, rural management students who engage in on-field marketing and data collection supplement theoretical lessons with practical experience. The uniqueness of the event in the rural management course offered in any college

Gramotsava 2011 fair UPDATE

Venue I: Mandarbasta, Khurda, Friday,14th Oct.

Venue II: Chasakhanda, Cuttack, Saturday,15th Oct

10th October: On request of Shruti Thomas, I liked "Sustainable Housing". Suddenly, a moral dilemma arose inside me. Do I like/support the product/service/community because it was made by Jhaberite? If there is an idea branded by an affiliated college and its arch-rival, what will be my choice? Will my decision be based on merit or loyalty?

In the MEARS lecture, SP Das commented: "Every TDH (It's not Tall Dark Handsome !) wants to do MBA without knowing what it offers. Bhubaneswar Development Authority has 9 B schools 5-6 years back and now there are 38 B schools under BDA! This is called the expansion phase of the economy". I find a harsh truth in his words. I am now finding a method in his madness.

In the FSA lecture, PK Mohanty lamented the poor quality of our performance in FR end term. He insisted that wherever possible marks are given for few candidates. I assume each of us is close-minded when it comes to knowledge receiving. And lack of application and reading is the prime cause behind it.

In RPLS, it was the last lecture of Niraj Kumar. 10 lectures of this course helped me to understand the approach towards development. What I observed is that you can't expect a first grader to begin learning arithmetic by tackling differential calculus. Similarly, our batch needs many hours of lectures and field visit to really embrace the spirit of rural managers.

11th October :

There was only one class in a whole day. A day went by reading a thriller novel. I also read The Base of Pyramid distribution challenge: Evaluating alternate distribution models of energy products for rural Base of Pyramid in India; This paper from the Centre for Development Finance (CDF) – IFMR analyzes the product distribution choices available in rural BoP markets to help enterprises evaluate the key drivers of distribution for successful go-to-market strategies.

12th October: There was lively discussion and participation in the class. It was good to see so many people speaking and cross-questioning with the teacher.  

13th October: A day busy in the preparation of Gramotsava. I was busy with a 'live project'. Have taken initiative for becoming POC of 1st years for 'live project'.

Gramotsava launch was too good. Dance and photo sessions were adding charm to the show. There was a temporary DJ session after the launch.

14th October and 15th October: Under the banner of the Rural Managers’ Association of XIMB (RMAX), about 150 students from the first and second-year batches visited two villages — Mandarbasta in Khurda district and Chasakhanda in Cuttack district. The fair was to promote the latest products and concepts of business and social organisations among the village folk. As a flagship event of rural management, Gramotasava is quite unique as through it we examine the mindset of rural consumers.

Hindustan Unilever is the title sponsor for the Gramotsava 2011 with Mahindra & Mahindra as the associate sponsor and Tata Motors the cosponsor. The Telegraph was the media partner for this year’s Gramotsava, which was formally launched last Thursday. Bonnie Bhaina, an olive ridley turtle, was the mascot for the fair.

Travelling on the bus with the complete RM batch was a pleasurable experience. This Gramotasava would be a part of the sweet memories of my XIMB days.

17th Week @ XIMB

17th Week- 2nd October to 8th October

It was a week that I spent completely at home. I was on the offline mode regarding XIMB. Hence, I will put down some videos for learning purpose for rural managers.

Rural Development - The Challenge of Livelihood and Poverty

Although there appears to be an enduring concern with India's poor within the policy circle and in public discourse, is this debate leading to new and innovative ideas on how to pull millions of Indians out of grinding poverty? What is the way forward? Should the emphasis be on skills development, agricultural development, microfinance, market access etc? What other models of rural development do we need to examine?



How to avoid the pitfalls of rural marketing?

PART1

PART2

PART4

PART5

PART6

PART7

16th Week @ XIMB

16th Week --- 25th September to 1st October

25th September : Attended the class of P T Joseph. I shared answers of personal questions in the public. I disagreed with him about the revealing of private data in public. I am gaining guts each day to face down the powerful and say what needs to be said. And I hope that it should inspire introverts and progressives.

Since, I am selected for first round of summer internship for TERI, I started studying for the interview.

Q&A: Clean Energy for India’s ‘Base of the Pyramid’: WRI’s new report, in collaboration with CDF-IFMR, looks at the market potential for clean and renewable energy in rural India.

POWER TO THE PEOPLE : Detail Report in PDF format.

TERI has undertaken an initiative of Lighting a Billion Lives (LaBL) through the use of solar lighting devices. The Campaign aims to bring light into the lives of one billion rural people by replacing the kerosene and paraffin lanterns with solar lighting devices. In terms of physical targets, it translates into 200 000 000 solar lanterns in use, assuming that each solar lantern benefits five members of a family.



"Movements have always begun with the people and not with the government." ---Arnold Schwarzenegger

Learning : The key issue with rural is 'last mile penetration' for companies and government agencies in general opinion. Poor often pay higher prices than wealthier consumers do for lower-quality goods and services because of uncompetitive markets.

Kurushetra work is going with quite good pace. I am understanding the complete game as a part of marketing team.

On personal note, a lot of blessings to Saumaya and Sonam also for their caring nature :)

26th September : RM is champion in overall sports meet. Rupika Singh is a damn good performer in so many games. Gaurav Anand played really good in cricket winning streak! Truly, Rupika, Partha, Krishanu and Mithelesh are all-rounders in RM 2011-2013 batch whom I look up to and get inspiration from.

I learned a distinct fact about Indian society and media today in the classroom: Urban population takes media more credible than their rural counterparts. Mass Media does not initiate the change, it can maximum accelerate the process of change. Villagers always identify themselves within their reference groups while urban have self perception of iconoclast.

TERI Interview got postponed today. I have done more study on Solar Energy - Bright Idea: Bringing Eco-friendly Lighting to India's Hinterland

The SPIC MACAY Chapter of XIMB organized Western Classical Music Programme : Cello & Classical Guitar performance by Anders Øien & Gustavo Tavares, two of the best classical musicians from Norway.

27th September : Parthsarthy CR got selected for Summer Internship in Sanguine Management Services. TERI interview got postponed even on Tuesday. It was frustrating !

One of the major factors that I like in the development studies : It talks critical about paternalism and dependence. A factor highly overlooked by our mainstream studies ! I observe both pro and cons of RM programme of XIMB. I like XIMB for its nice blend of management and development in comparison to the 'Other' colleges of rural management. Corporate exposure in RM programme can be well marketed as USP for coming years. I don't like XIMB because it highly undermines the potential of the RM programme in comparison to BM programme. Sometimes administration make me feel our batch as the children of a lesser god.

Good News: Association of Indian Universities (AIU) has granted equivalence of MBA for the Rural Management program of XIMB.

28th September : Whenever I write this blog, I get inspired from Milan Kundera, Anne Frank, Aleksandr Solzhenitsyn and Julian Assange.

RPLS : Learning brain does not have apartment for the different subjects. It is the mixture of interconnected information that makes sense.

Indian movies are substandard in the nature. It is just like Indian markets that is fond of substandard products. That is true for the people also who falls like products on the criteria of merit. Even people don't like and feel threatened by the exceptional talent or an outlier in their group/society/class. Kudos to Manu Bansal for raising bars in academics and rest of people will definitely suffer in the long run with this fatalistic approach!

AP got selected for Summer Internship in ABRL(Aditya Birla Retail Limited).  A coincidence of meeting Sachi madam at CCD :)

A look at the students of Pantnagar university in XIMB confirmed a loyalty and bonding factor amongst themselves. It does not promote outliers but work on the concept of gradual change in coming batches. The tradition of respect and the code of conduct at micro level of observation.

There are lakhs of flood Victims in Orissa and were mass participation in Anna Hazare's movement last month. And we were excluded from each of these movement. It appears quite paradox somewhere in the mind. When the world is changing, do educational institute need to force student becoming apolitical and unconcern in nature. But I have put head down to work alone and not to be influenced by group thinking and mass movements. Today, I am opting out enter into this chaos and struggle. Tomorrow I must must and must return, to do what I can for others.

Few of us in the batch are feeling agitated by some issues over transparency and administrative hurdles. A sher by Faiz Ahmed Faiz to commemorate and summarize what is going inside any institute, country and human society.

ऐ ज़ुल्म के मातों लब खोलो, चुप रहने वालों चुप कब तक,
कुछ हश्र तो इनसे उट्ठेगा, कुछ दूर तो नाले जायेंगे |

29th September : There are two quizzes scheduled today. An average performance in both of them. Rafa was admitted to hospital. His medical report is not a sign of good health.

Only few days have deep impact on the course of a life. September 29th is a remarkable day when lasting memories are made. While riding my bike, the wind flowing through my hair has given me a feeling of ecstasy on the September night.

30th September :Discussion in RPLS class : Questions and Answers: Deep Joshi

Sum of capability of our batch in cynical form : Underemployment of sub standard products in the market. Reading capacity of the RM batch is quite low. Best academic institutes create persons with reading capability that gave them a upper hand over their competitors.

There are staunch leftist in the faculty who does not consider market good. Hence, have a quite negative view of the new world. They are not a problem now. The problem of our generation : Persons (in our batch also) who thinks 'Capitalism' as the only way of development. They have no deep analysis and idea of the social welfare, justice, merit and opportunities. They consider 'Merit' as a uni-dimensional tool for the progressive society. Anti protest and positive discrimination policies like reservations appear futile to them. There worldview doesn't consider social factors like social taboos, caste discrimination (now caste assertion) much in the counting. Only through the framework of economic background, they hastily judge everything. Lack of knowledge of social science in students and lack of knowledge of economics in faculty while over-viewing society is apparent as epidemic everywhere. May be my analysis wrong here ! Yet capitalist or communist, most of us are 'western' not 'modern' in the social behaviour.

1st October : It is a start of Dussehra holiday. I am out of XIMB. Hurray !
A good video to enjoy weekend : The 6 killer apps of prosperity: Niall Ferguson on TED.com