80th Week@XIMB

80th Week@XIMB - 16th December to 22nd December 2012

16th December - STM book reading session started today.

Prof Deepak Malhotra - HBS - 2012 Speech to Graduating Harvard MBA Students

17th December - STM reading session continues.

18th December - “Complacency is a part of Indian psyche and you can’t do much about it. Every time an Indian tries to be ambitious he is pulled down and that’s one of the reasons why Indians don’t have the killer mentality,” Sunil Gavaskar once observed.

The fees are submitted. Yet I didn't find enough motivation to attend classes next trimester. Without a dream to chase, the soul stagnates. This has happened to many individuals here at this place. I once wanted to change the brawn environment of RM but failed miserably. This place has the capacity to pull down in an institutionalized way. Neither are we great in knowledge nor have sufficient human capital in the alumni database.

19th December -STM exams were over. I started studying financial inclusion: Financial Inclusion by Extension of Banking Services – Use of Business Correspondents (BCs), Financial Literacy and Credit Counselling Centres and Financial Inclusion talk by Deputy Governor, RBI. Those who are more interested in examining their banking knowledge can give quizzes here at the IIBF website.

20th December - BM guys have nailed very good jobs today. That is much talk of the town today. Always aspire, never envy. I have chosen to take a career path with the TINA effect - there is no alternative.

21st December - FINO aspiration dies slowly. I qualified in the aptitude test but was disqualified in an HR interview. The only one reason that my batch-mates are getting jobs is that they had prepared much meticulously than me. They simply did not turn up and expect things to get done on past achievements. The twin crises of a shortage of jobs and a shortage of skills are hampering mine growth.

22nd December - There was a private meeting of few people with the student placement committee coordinator regarding rumours of future dates of the company visit to campus. With the batch size of 100, it will be a gargantuan achievement for placing all people in their favourite sectors. RM is not given importance by the administration and Placement Coordinator at XIMB. When the placement will falter, a lot of low paying NGO's will be pushed for recruitment. I have been hoping for the last 18 months that things will be all right as opposed to wanting to make them all right. How bad will it get before it gets better?

There is a rage within each student of the RM program with this careless approach. I am in the right mind will never ask anybody to join this program until a new campus is established. Nothing grows in the shadows of the big banyan tree. Continuing to the raging voices, there is nothing more risky and volatile of all things than a self-pitying majority. It's now is the question of identity and only partition is the solution. XIMB - BM has a big network of alumni who are spread all across the globe and have made their names in different fields. And for few exceptions, there is not much harmony at a 'professional' level between these two courses. Also, the majority of students have the habit of placing loyalty to their programs above professionalism for the sake of XIMB.

One must record history to prevent atrocities from happening again. I am finding pleasure to write this blog now. Placing a story of struggle in the placement scenario is a position that goes against the dominant narrative manufactured by B Schools. It is generally believed that anything that is not read, watched or consumed with immediate gratification can't survive for long. Even if I have to compromise on the delay in leaking out such heated debates about XIMB, I assume it's worth it and will never compromise on the authenticity of every written word.

79th Week@XIMB

79th Week@XIMB - 9th December to 15th December, 2012

9th December - There was an interesting collaboration that XIMB has had with the University of Minnesota this trimester. We had (almost) simultaneous courses running on "Social entrepreneurship" (XIMB) and UMN-Acara's "Design for Sustainable Development" (syllabus ). Nine students of SE paired with four teams of UMN and after initial facilitation from both sides the students have been working on joint problems with regular discussions over skype. The teams had their live presentations on Dec 7th which was conducted on an open platform with students here able to add and listen to their counterparts.

This low (no) cost experiment has happened with good learning on both sides. While positioning some of the advantages of XIMB, the noteworthy was the ability of RM students to be more awake when Americans are! The manner in which successive batches of RM students have participated and created a conducive environment for the nine students who opted to work with the UMN students is praiseworthy. The RMAX coordinator(s) and all the participants of last years contests have been good brand ambassadors and we need to thank them for that. XIMB students have not fought shy of constant engagement and hard work that this collaboration has entailed.

In an era of T20 B plan contests I feel happy to see XIMB students showing the ability to have the patience and persistence for Test match kind of engagements. I sincerely hope that the Indian cricket team learns a bit from them at Nagpur!


9th December - CBRM & SCM presentation.

10th December - Mckinsey Newsletter had a amazing article - From oxcart to Wal-Mart: Four keys to reaching emerging-market consumer.

11th December - People belonging to Hindi heartland must read Munshi Premchand to have basic understanding of the rural India. It may be idealistic version but must read

12th December - BASF live project final presentation was over today. Finding the need to innovate is difficult rather than already existing products. This was key learning. I heard first time about Best Alternative to a Negotiated Agreement (BATNA) in the presentation.

BoP is like a holy grail chased by every company these days in the name of sustainable business. Economy, Ecology, Society defines Sustainable Business. Since BASF is a company working in B2B, it is difficult to have B2C transition. Transitions that happen by default, clearly lack the foresight and hence the planning. Trade Fairs is a better way of B2B Marketing as you know your customer. Lower period of pyramid need different modes of selling. Hence we need to solve the both puzzles of product innovation and business model.

Distance from highway is a good criteria to select villages and people. But we need more information on income group and spending/ borrowing habits of the people.
Co-relation National Highway, Block and Village with Average Income will be interesting thing to note for BoP market. There is already need of reliable and Valid data in both Qualitative and Quantitative analysis.

13th December - Management@Grassroots programme is another academic initiative of XIMB which aims at providing community relevant course contents and pedagogy with active participation from the target audience of these courses. Kudos XIMB !!!

14th December - CBRM and SCM end term.

15th December - No exams, hence a day of rest.

78th Week@XIMB

78th Week@XIMB - 2nd December to 8th December, 2012

2nd December - I was back in Bhubaneswar from Raipur. I was rejected in Manipal Process after playing simulation game round.

People don't remember why they even join this course.

3rd December - Its Institute day i.e. Holiday. Fr. Paul Fernandes, S.J., Ph.D is appointed as the Director of XIMB by its Board of Governors with effect from December 4, 2012.

4th December - I wasted another precious day of my life.

5th December - In a closed and localized market, increased productivity only resulted in surplus goods and falling prices. That may happen to Amul and directly affect to the prices paid to producers. Indian government must start exporting milk and milk products to avoid such condition. And we are also self sufficient in milk production.

6th December - I qualified for the written test but rejected again in interview. I observed that beyond a solid knowledge of subject, it is temperament in stressful situation that matters most for winning candidate. Talent alone looks attractive but hard-work is effective in a long run.

7th December - I was alone and deep in gargantuan trouble of hopelessness. What happens when big ego meets official rejection news again and again ? To lose one job interview may be regarded as a misfortune. To lose two looks like carelessness. And as to losing three, well its a streak of nonperformance in my own eyes.

7th December - I am feeling numb and energy-less. Currently, I am in shambles with the state resembling to Indian cricket team. There is nowhere to hide for Indian team that has been exposed as a mediocre team. India has fallen from where they rose and the circle is complete. The time has come for me to move on in the life.

77th Week@XIMB

77th Week@XIMB - 25th November to 1st December, 2012

25th November - I was busy in preparing CV for off campus. I attended last three lectures of CRM.

26th November - IRP meeting is going on. I need to acknowledge their past errors in order to avoid them in the future. I will be more regular in updating my seniors.

I Couldn't attend a talk on PDS due to excessive drinking at night. This the lowest point of the college life. As they say, familiarity breeds contempt. There are amazing speakers who have worked and achieved fame across various sectors give talks every other day at XIMB. I could have attended if I wanted to. When it becomes a daily occurrence, one start to take it for granted. Don’t. If one want to be great, one has got to learn what’s made great people great. That was their sheer consistency to learn with limited opportunities.

27th November - KM quiz was over today. I loved and hate the feeling of being pushed to the wall. Without that one never appreciated easy times. I felt the high standard of academic pressure will be there at XIMB. But alas, the academic rigour has been diluted leading to the creation of mediocre but arrogant managers. Do MBA graduates actually possess the level of logical and reasoning skills employers are looking for ?

It may be with a little chance that its not about uninterested youngsters sleeping in classroom ? Are colleges pushing down a whole lot of uninteresting stuff down the throats of students ? What for? To receive the education that would fetch employment
but kill the spirit of entrepreneurship. B school rarely occupy us with life tools to analyze and reason about complicated social situations.

28th November - Harsha trust was celebrating its 10th anniversary reflecting on its decade long journey in the development sector (livelihoods) in Odisha and have for this event Mr.Deep Joshi as a chief guest. In the world of development sector that is fragmented with aesthetics, political and ideological divisions. Only great few persons like Deep Joshi are admired and respected by almost all, across all divisions.

I was reading on public health in India. Side-effects of poor public health was a nice article written by Professor Biswa Swarup Misra. According to the World Health Organisation (WHO), on average a person needs 3 litres of water for drinking, 4 litres for cooking, 20 litres for bathing, 40 litres for sanitation, 25 litres to wash vessels and 23 litres for gardening. I am not sure that our notion of development is fulfilling any of these criteria. As Dr Nata Menabde, World Health Organisation (WHO) Representative to India has said : “A good society is one that takes care of its vulnerable, its aged, its poor and its sick.” Access to credit, insurance and savings are critical in coping with shocks. I think our design of welfare state has failed us.

29th November - I finished pending works and delegated assignments to others before signing off to Raipur for two days.

30th November - Holiday :)

1st December - Holiday :)

76th Week@XIMB -

76th Week@XIMB - 18th November to 24th November, 2012

18th November - Immersion course of Agri Branding was in full flow. We covered -
4. Steps in brand decision process
5. Types of decision processes
6. Modifying the brand decision process to create Brand

"A product can be quickly outdated, but a successful brand is timeless." - Stephen King

19th November - Played Beer Game. I have successfully completed online course of Principles of E-Government issued by 'United Nations Public Administration Network (UNPAN)'. E-Government Index of India is 0.383 in comparison to average score of 0.497.

20th November - Strategic quiz.

21st November - We learned about competitive advantage of nations over other.

Mr.R.S.Sodhi, MD, GCMMF (AMUL) delivered a talk on Synchronizing Management Theories with Business Practices

I visited to warehouse of CWC office for SCM presentation.

22nd November - The poor attendance in CEO talks in-spite of the multitude of mails requesting you for active participation. Student Placecom ensuring attendance indicates the interest of the students for the particular organization and high rate of absenteeism jeopardizes our chances of converting them for final placements. There were few people debarred from applying for the respective company for which they did not attend the talk and also from the immediate next company for which application would be floated. The decision was taken after consulting with Faculty placement committee.
There is nothing more sorry scene than to waste an opputunity through reckless attitude.

23rd November - Last visit of BASF is completed today. I sat in boring immersion course of CRM (Customer Relationship Management).

24th November - Congratulations to Sreevidya N Gowda for getting placed in Mlinda Foundation as the Operations Manager! From a placecom's perspective: each person having job by off campus is one less to place.

I was reading a report on Entrepreneurship in India by National Knowledge Commission published in 2008. One line that struck me : 70% of the entrepreneurs interviewed do not have an MBA qualification. This may suggest that an MBA degree is not a sine qua non to become an entrepreneur, though perceptions may be changing. So why should one person go for MBA degree : The 10 Most Under-Rated Reasons Why You Should Get An MBA

The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. - GB Shaw