Category: Writings

  • Poor Little Rich Slum – Rashmi Bansal & Deepak Gandhi

    Traveling is a really interesting learning period. 
    Yes, it really is – that is why the old adage in Kannada Says – “Desha Nodu, Kosha Odu” (Roam around your country, Read books) yes that’s the best way to acquire knowledge. 
    Pretty much that’s is what happened this time when I was traveling to  Tirupati. I picked up one of the books from my shelf – still unread yet small in size. It was – Poor Little Rich Slum. 
    Yes… its another of the books by Rashmi Bansal. The book is about Asia’s Largest Slum – Dharavi, lying in the heartland of Mumbai. I had heard quite a bit of the entrepreneurial activity that happens in Dharavi and thought it would be a quick read. 
    Just 2 minutes into the read and I was completely engrossed into it. Loved the stories of the entreprenuers there and also the change makers. These were the two major sections of the book and just loved knowing about these entrepreneurs. 
    I suggest this be an essential read for those people who want to know about the entrepreneur scene in India. 
    Go ahead… Its worth a buy. Read it and enjoy the Journey through Dharavi.
  • Exploring Uncertainty and Unknown – Conquering My Fear


    [I do not intend to talk about the general phenomenon in this blog; this is only sharing a few experiences which helped me conquer my inherent fear in unknown places. I hope this could encourage people sitting on the fence to move on, and not be paralyzed by the internal fears they cultivate.]

    I love working in an uncertain environment – I have realized, it keeps me awake. Yes, when in an uncertain territory it requires us to be alert – possibly the best state anyone could be. May be you do not agree, but being one who loves to learn and finds motivated with the insights gained by these experiences I would say I enjoy uncertainty.

    It is not once but numerous times – though my treks and escapades from the city that I have found I enjoy this state of alertness arising out of facing uncertainty. My experiences are not just in the forests where I got lost, but even while in an urban jungle; not just in India also in the unknown country of USA. Though not exhaustive, these I believe definitely are worth sharing.

    I prefer public transport to travel during by escapades originating from cities, but on exploratory treks I would prefer either a private vehicle or shared vehicle some last mile exploration. I have already shared quite a few of these trek experiences and wouldn’t talk about them here but would suggest the readers check in on these trek blogs.

    The escapade from an Indian City – Mumbai to Shirdi:
    I feel quite a few of you reading this wouldn’t find it really a escapade, given that there are a lot of buses that travel between these cities. Following is a short narrative which gets me to call this an escapade –

    I am a Bangalorean, who possibly has spent most of my life in here itself – a cozy city that makes you fall I love with it! Yes I have spent my childhood here when the city wasn’t congested with the traffic and was lot greener. I would reserve the discussion on how the city has changed for the future; and only highlight that I had not grown familiar with any other city!!! Yes my bad – but it is ok to accept it and go ahead that think about it.

    It was the first time I had come to Mumbai for my internship at a Start-up. I was staying at the IIT-Powai campus a few minutes from the Vikroli station. I did a quick Google check and decided to plunge on this journey – it wasn’t that I had an internal awakening, but during one of the sales calls that I was attempting and traveling through the city locals that I found a couple of co-passengers conversing about the recent trip to Shirdi – a place or religious significance to we Indians.

    At the spark of a moment, I decided to trip to this place with the only constraint of using the public transport all through. A few queries to the localities and the Google search got me to realize I could expect buses from Dadar in Mumbai.

    I moved on a Friday night to Dadar and caught a late night bus to Shirdi. Before I could wake up I was as at Shirdi in the wee hours of Saturday. I hadn’t booked any guest house or hotels to stay and sneaked into a small hotel backyard and completed my morning chores. I then visited the temple, by 10 am I was out of the temple and didn’t want to return to Mumbai the same day – I turned my head and found some small shared taxis shouting they would go to a place called – Shani Singnapur. I decided this would be excited and went along. A couple of hours of journey and I was at the place, visited the temple there too and by 2 pm I had nothing to do again! I decided to take the shared cab back to Shirdi and then take a call. I reached Shirdi and found a few cabs going towards an industrial town called Nasik. I decided to take this and figure out a place where I could spend the night. I reached Nasik around 6pm – here I was in a completely different town with no clue of where to go. I found a government guest house and try my luck there – there were no rooms!!! I asked an employee to suggest if he knew any guest house and instead of guiding me to one – he asked me to wait, and said he would accompany me!

    I wasn’t quite sure what to expect next – an unknown city, a stranger willing to help; but haven’t I read a few newspaper articles that talked about travelers being looted? Lurking I this fear, I followed him … Around 20 minutes later he took me to a “shady” looking guest house – ensured I had a place/shared room for the night and then said – “come with me I will show you some good shopping spots!”. By this time – I has mentally accepted any result and just believed I would get the night through.

    I had on an earlier trek lost lulu route and gained crucial insights of the triviality of human life! But this experience was something different… What was I to expect next?

    This stranger takes me to a store – a resin vendor store and says. These are Nasik special, take as many as you want before you leave – I need Rs 30 for my drink tonight. It would be a compensation for the help I provided you with. I for some time had all sorts of thoughts running around I my mind and this is how it is to end?

    “Life is like a box of cookies, you never know which one you would get” said a learned person – it sounded so true. This experience got me to also realize the importance of trust – Both in people and in GOD.

    I moved around the town, checking on the places to visit and the departure time of the buses from the station.  I followed this up with dinner, but there I had to spend the night in an unknown guesthouse room with unknown strangers? Well I didn’t know if it was “safe”, I just decided to sleep and worry about what happens later.

    He while day of fatigue got me in no time and I was snoring to glory – willing to accept the reality and not lose sleep over it. And lo I woke up on the alarm at 4 am, completed my daily chores and was ready for another day of exploring the uncertainty of life.

    I caught the 6am bus to Triambakeshar – another place of religious significance – This also happens to be the birth place of river Godavari (I didn’t know this before I reached there!). I took the trek to the peak close to the temple and returned from there to visit the temple. After the sacred Darshan of the Lord Shiva who is the deity of the temple I decided to get back to Nasik and check out the mythological place of Panchavati. It is believed that the incarnation of Lord Vishnu – Ram, along with his consort Seetha and brother Lakshman had stayed at this village.

    After the tour of Panchavati, I decided it was time to get back towards Mumbai and rest the night out before I could get back to work the next day.

    While there were a few buses which could take one to Mumbai, none were available around 2 pm when I left the town of Nasik, so I decided to use take the bus that could take me to the last station of the Mumbai local on the central line!

    Wow that sounded awesome! Right I go, when I reach the station – I looked at the map and decided to visit another place – Titwada which is famous for its temple of Lord Ganesha. I didn’t know if I would have a second chance to do this visit and for what Ever reason and possibility I decided to visit the place – in 45 minutes I was done and ready to get back to Vikroli.

    Having reached the Vikroli station at 5:30 PM and took an auto-rickshaw. As I reclined on the couch – I relived this experience. Definitely it was a lovely experience, balancing on the fence of uncertainty and safety. This gave me the confidence in my ability to explore completely unknown locations

    Following this, I haven’t tried any major escapades per say in India owing to the time bound nature of the work that I do, however I have tried to innovate my travel route to have some adventure with uncertainty yet complete the task taken up in time.

    Possibly there was something the first escapade would have been the only one if I hadn’t tried this on the recent travel to Berkeley.

    Second escapade:
    Berkeley to San
    Jose

    “Silicon Valley” the name is almost synonymous to innovation and a highly thriving entrepreneurial ecosystem. San Jose is part of this ecosystem and houses a lot of companies working on cutting edge technology.

    The valley also has a bay – San Francisco Bay, which opens up into on the Northern side. The mouth of the San Francisco bay has the monumental Golden Gate Bridge, which in itself is a symbol of engineering excellence. Being on the west coast of the USA, the bay opens up into Pacific Ocean.

    The Silicon Valley being on the southern side of the San Francisco bay is also called as the South bay area.

    Berkeley is a city known for it open culture, in fact there are possibly representations of all cultures here! The University of California, Berkeley is an institute of international repute and attracts the best of the students from across the world.

    I was in Berkeley for a brief period of 1 week and didn’t want to miss catching up with some of my friends who stayed at San Jose; however commuting to the southern city wouldn’t be easy without being able to drive in your own car! I was in here for a short while and the taxis would be costly mode to travel – lo here comes public transport for the saving!

    I prefer trains to buses when it comes to traveling in unknown journeys – they reduce the uncertainty and also could give you an option of easy retracting in case you aren’t successful; but the complexity increases with the buses and the one ways etc making it chaotic for a newbie like me. Compounding the problem would be me not carrying a cell phone!!!

    A frantic Googling attempt gave me a simple clue of how I could reach San Jose from Berkeley using the BART and Caltrain. I was now venturing out on a trip which I knew wasn’t very risky, but lack of s constant mode of communication could be crucial.

    I took the BART to reach Millbrae and used the attempt to learn a lot about the stations on the way – the cost is extremely reasonable ($4.8 – now don’t get in the exchange rate shock in here – this is a completely different economy here!

    I exchanged to the Caltrain at the Millbrae station, however given that I has just missed a train – I had to wait for nearly an hour here. There were people who were dressed differently at the station – each almost in a very different style of his/her own – carrying the baggage of imagination and the news that creates stereotypes, to be frank wasn’t very comfortable with the variety I saw here.

    45 minutes of waiting got me into the train that had its last destination as San Jose – I was remember, I didn’t have to change any more buses in here.  There was rather not much of an excitement until reached the destination.

    Wow! I land up in this station which looks like a film shot from the early 1990’s and with very few people! I had to make a call and so looked out for some change – I went to the vendor who I guess spoke Spanish. I asked if could get some change and got a reply which was incomprehensible!  She probably was saying – I cannot give you a change unless you purchase something. I decided instead to try my luck with a few denominations and surprisingly, this worked for me.

    I met the fee friends at San Jose and returned to Berkeley. There wasn’t anything very exciting about this, but this experience gave me a lot more confidence in exploring the unchartered territory of life.

    It is not uncommon for us to be trapped in fear. Each one of us is gambling with one fear or the other. Some are frightened of losing their reputation, while others are frightened of taking risk. One could easily look back and realize, each one of us have one fear or the other that we engage with and attempt to outdo.

  • Believe you can!

    “We are all inventors, each sailing out on a voyage of discovery, guided each by a private chart, of which there is no duplicate. The world is all gates, all opportunities.”
    -Ralph Waldo Emerson

    When Emerson the famous explorer said this statement, he probably was reflected on the fear that we have to open up to the future and create our own identity.

    Each one of us in unique – unique in our own way, our talents is different and what we do using these talents are clearly distinct. But, the big challenge we face today is moving above the ordinary, rising above the fear that is so prevalent. The thought that this is not tried earlier – I may not succeed, I may fail; the thought that – I would be wasting my time chasing the dream I have.
    If, Albert Einstein were to believe that he was a dull student as said by this teacher; or Thomas Alva Edison were to believe that he was incapable when thrown out of school by his teacher; we wouldn’t have seen the scientific advancement due to relativity today nor would we benefit from the inventions by Edison. The life and achievements of such great people stands testimony to the power of individual dreams being created in-spite of opposition.

    Don’t limit yourself with the thought that I am an only an imitator; believe in your abilities; you are an innovator, an inventor. Stretch your imagination. Reach for the skies. Pursue your passion. The whole world is your playground provided you are ready to play – explore it.

    As you begin the new phase of your life – entering the professional course, take it upon you to follow your passion. Get interested into aspects of your specialization that most interest you. It is good to be completely involved – it helps you specialize better than others. Be the best in your favorite area.

    Pursue your identity – realize you are best as you not as anyone else.
  • Group Discussion !!!

    One of my friends Pooja Tiwari, had pinged me on Gtalk to clarify her doubt and gain a perspective on Group Discussion (GD). I am reproducing the chat, as is with her permission, as it would according to me help people get some insight into the GDs that are conducted for entrances into MBA institutes. Hope it would serves the purpose it intends to… there might be spelling errors/short forms, please ignore them an proceed with the spirit of the discussion.
    —————————————————————————————————

    pooja: yaar i have a gd for IIF on 9th feb
    2007

    sachidananda: humm… good…

    prepared?

    pooja: i m tensed for my GD

    i have never attended before

    sachidananda: dont get tensed….

    pooja: ya i know

    sachidananda: jst relax… and u need to understand and have some practise…

    pooja: how to prepare for a GD plz guide me

    sachidananda: GD… well wht sort of gd will it be ny idea?

    I mean case based or
    news paper cutting based or

    pooja: depends i do not knwo anything it could be any

    sachidananda: did u ask the seniors

    pooja: actually na i have no friends who have attended GD

    sachidananda: humm…

    pooja: so no guidance

    sachidananda: wr u able to contact ppl who passed our of IIF?

    pooja: bcuz they are strangers to me

    so it is very difficult to get guidance frm them

    sachidananda: if they have time… they will be more than willing to help u

    so dont worry… jst try contacting them n see if u can get some information on the GD
    well at a general level I can tell u a few guidelines

    pooja: ya may bne

    ya tell me

    sachidananda: 2 min

    pooja: ok

    sachidananda: well as I told u

    the GD’s will be of 3 kind…
    1. Case based,
    2. New Paper clipping based
    3. Some pseudo topic
    along with these you might be asked to summarize the discussion that you had in the GD… so be ready
    the 3 types need some variations in the way you prepare…
    2 min
    u thr?

    pooja: ya i m reading ur tips

    sachidananda: 2 min

    Lets take the simplest of the 3 types…
    Case based…

    pooja: ok

    sachidananda: all you have is the case and you will be analysed based on ur ability to analyse ur case…

    you will be have to jot down or highlight the points in the case which you think are most important… generaly the case will be 1 page or lesser… and you will be given around 6-7 min to prepare

    pooja: sounds interesting

    and what type of questions are generally asked in personal interview

    sachidananda: then you will have to give a good discussion on the case points u highlight and get different way to look at the case. and try and analyse the case…

    will come to the PI later

    pooja: ok

    sachidananda: lets come to the news paper cutting

    pooja: case could be anything like accident, water problem in building

    sachidananda: this is a bit tougher in the sense that while in case you will limit urself to the case facts, in news paper cutting related discussion you will have to took at the current happening and discuss them well…

    you might get excited and try to get ur opinions… but u need to control urself and
    see that u are able to appreciate other’s points as well….
    so in this type of GD it would be more if ur general knowlegde and nothing more…

    pooja: ok

    sachidananda: coming to the 3rd type….

    the psedo topics…

    pooja: ok

    sachidananda: u will be given some arbit topic and you will be discussing on it…

    hr its more of ur creativety that is checked….
    say some sentence like “Red is hot”
    this is given and you will need to
    think and get as many ideas a possible…

    pooja: sounds crazy

    sachidananda: and generally it gets out of control in this case…

    if you are able to get something reallys stud level then its easire to mak it
    like say you can make a small poem on the topic it would be a cracking one for u

    pooja: right

    yaar u r very nice guide

    sachidananda: he he… thanks…

    now some general fundaes…

    pooja: u may proceed

    sachidananda: there are 3 parts in a GD

    pooja: jaise ki

    sachidananda: 1… the start.. 2… the intermediation..3…completion or conclusion…

    the case anchor would giv u
    some instructions at the begining… wht u will have to carefully note is

    pooja: k

    sachidananda: whtr they would be indicating the time to start the discussion or whtr u ppl need to start off on ur own

    if they would indicate then its would be easy…. if u are to start then u will have to be sure all the members have read the case
    for this u would have to see if all are done and are waiting for the discussion to start… “
    in such a case u can start… “From you reactions I see we are ready with teh case… and we are ready to discuss.. “
    then follow it up with a small time on some way of looking at the case…
    * this shows ur initiative in taking leadership… this is an important scorere…
    ensure you have a valid dimention to add and not jst the case facts stated…
    this is an imprt part.. dont waste the lead that u get…
    after this part jst continue adding valid perspectives..tht will hlp u crk the GD…

    pooja: ya yaar it sounds interesting very interesting

    sachidananda: but if u dont get this chance… dont worry 2 have the most important part that is the middle part of the discussion…

    gnereally the GD would last for 10-15 min…
    unless it turns out to be a fish market…
    After the initiation, in this section u will have different ways the Gd is goin on…
    1. some times it might run out of control…
    2. sometimes it might jst be going in one direction…
    3. sometimes it might be revolving around the same point…no new perspective…
    4. some times it might be that every one is pulling the cart in all different directions and no one is able to pull the cart for too long…

    pooja: ok

    ya i agree with u

    sachidananda: the way u handle these 4 situation would be different

    1. in this case whr the grp is out of ctrl… u need to try and get it under a smooth proceeding…
    say u act as an arbitrator… and ensure then communication goes on well…

    pooja: i knwo this kind of step will earn bonus points for me

    sachidananda: then u cant rest… u need to be the leader after this point … dont waste the lead you get….

    pooja: exactly

    sachidananda: add some vital points and continue frm thrn…

    now to
    2. in this case wht will diffentiate you is ur ability to get a different perspective to the whole discussion…
    and this has to be giving a complete new perspective… and this would brk thr monotone…
    this as u say will give an adv again…
    coming to 3.
    in this case u have 2 approaches…
    one of them is adding a new D as in th e case 2…
    or you will have to expand the same point of discussion…
    these 2 will give u the same head start as u mentioned…
    are u on the same page??

    pooja: ya i m

    sachidananda: k now the last point…

    pooja: i m reading ur words by heart

    sachidananda: 4. In this case the best you can do is adding new perspective on each idea and expecting some thing will be most valid which would take the grp further….

    I mean add new ideas on almost all the prespectives and expect the grp will keep the momentum going on…

    pooja: ya affcourse and if u do so moderator is impressed

    sachidananda: this will give u an advantag…

    rt…
    I think I got admission…
    mostly based on this…
    in my IIMB interview…

    pooja: gud

    sachidananda: well thr are other things to be taken care of…

    pooja: so u cleared the CAT in one go

    sachidananda: nope…

    it was my 2nd…

    pooja: yes what r t things to be taken care of

    sachidananda: some generlly used breakers are…

    once u think there is a vital point… be quick to add to that by say “I agree with…and would like to add”, “Exactly…”, “I would like to add to that point…”
    and its advantageous to keep a tab of the discussion….I mean keeping a note of the points discussed… this will help you know if you can add some more presp in case u get them later…
    but to begin with you will have to keep a note of the topics/poins you have in mind and would like to discuss…
    there is no use jst supporting the points you always need to add…

    pooja: r we allowed to note down those points in our writing pad during interview

    sachidananda: during GD some let u…. some will ask u to put them on the case paper… some will also ask u to summarize..

    interviews.. will deal in some time… cool relax

    pooja: ya i have also heard that at the end of GD some one is normally asked to summarize the discussion

    no prob
    first i will get my self prepared for GD

    sachidananda: humm good…

    pooja: sachin i want to request u one thing if u dont feel it right reject it i will not mind

    sachidananda: but remember the

    saying…
    “the proof of the pudding is in the eating…”
    so its am must to practice…

    pooja: right

    sachidananda: well now tell me

    no issues…

    pooja: actually i was thinking if i will give u my no will it be possible for you to give me a call

    to conduct my telephonic interview

    sachidananda: humm.. thikn that should be ok…

    pooja: i want u to conduct my telephonic interview

    sachidananda: sure.. will do that….

    but guess it might take some time…

    pooja: no prob

    sachidananda: well for the interview its importatnt to have ur own opinios and stick to it…

    pooja: ur choice whenever u r free let me knwo that now u want to conduct my interview

    sachidananda: sure… will do tht…

    pooja: i know i want u to give me some topic or situation then i will speak on that

    then u can judge where i stand

    sachidananda: k…

    sure….
    but be prepared with these 3 Qs…
    1. tell me about urslf

    pooja: alright

    sachidananda: 2. y mba…

    3. why our institute….. why this splz(as the case might be)
    this should help u a lot… well another thing…. prepare a SOP and send it over to me…
    might b of help if u are to answer the last Q
    ok?

    ————————————————————————————————-
    Just to inform the reader that this is not the complete set of preparations…I might have missed a lot the suggestions on this topic through the means of comments might help to make it more comprehensive… Over the years there might be a lot of improvements but this is what I know about, so the discussion is limited by the my ability to keep myself updates and Pooja’s ability to ask questions.
    All the best guys… let me know if this was helpful.

  • My Father – Gandhi

    This is one of the recent films I saw. This is one of the better movies I have seen off late. This movie is about Mahatma Gandhi’s eldest son Hari.
    This Akshay Khanna has played the role of Hari Das Mohan Das karma chand Gandhi, to life.
    The movie depicts the internal conflict that Hari had to under go; his difference of opinions with his father. In his search for his own life which he did not intend to spend in the shadow of the great M K Gandhi, he falters and falters…. in every mode of his life. Some times it looks as though, Bapu did not understand Hari’s aspirations, just went ahead with his own ideals and this is what forced Hari to take the route he did. Hari had big dreams for himself… he wanted to be a barrister like his father, he did not understand the orientation that Bapu had given to his own life. Bapu was an Icon with great principles and practices, but, Hari was an open challenge to him in most aspects. Hari wanted to study further, but was not gaining the necessary support nor the real passion to go ahead and make it big.
    Having faced a lot of failure in his life, he had made his own world view, it is in this world view that he tied himself up, his want for an independent recognition and some easy way to get rich; got him to live his life in such a way as to question Gandhiji’s ideology.

    The movie depicts the struggle that a son faces when he has an Iconic father…. really a thought to ponder over…. there is an old saying In Kannada… which means there is not much grass under a banyan tree.

  • The indus spray story…

    [This is my attempt to write a story / case based on the man org project that we had as part of our course… well this case is a mix of fact and fiction… take it in the spirit… nothing more… I dont intend to make any statements of judgment through this article….]

    It’s very important to start a good story from the beginning, so here we start from how it all began.

    Mr Shashidhar, with his entrepreneur spirit found a huge market for the tapping in the packaging domain. He decided to try his idea out, and started off pushing at 3M for a contract of packaging its aerosols and lubricants. 3M was the first company that he chose thanks to tow major thought process, – firstly the huge quantity of packaging that 3M has to do, and the potential gains if this was outsourced to Indus Spray, second 3M is known for supporting entrepreneur ideas, so all that Mr Shashidhar would have to do was get a buy in showing the lower costs and other benefits.

    The road to an enterprise is not an easy task for its entrepreneur; nor was it any easier for Mr Shashidhar. He had to make a number of visits to the 3M Company before he could actually get the contract for packaging of the lubricants and the aerosols. Well it is surely not enough to start off with just the manufacturing of the products right away, he had to get the area for setting up his plant, and clearance norms so that he could get the packaging of the goods once the contract was confirmed.

    While on one hand Shirdhar was trying for a contract on the other he was setting up his small scale industry for packaging. He set up the factory in Electronics city on the outskirts of Bangalore. Well why did he choose this particular location? The potential advantages that a start up would need, so as to let it grow into a larger firm is the answer. Electronics City, being on the outskirts of Bangalore, has access to lower tax rate (or is it a holiday?), the second most important criteria, is the cost of labor; the skill needed for this packaging was relatively less and so all that was needed was mostly unskilled labor. The location advantage coupled with the low labor cost was the major factor in choosing the company at Electronics city.

    The company had access to low cost unskilled labor, but if all the work was to be done manually, it would be a huge overhead when there was a large order to be completed. This necessitated the need of some machined to enable faster and quicker delivery, the cost of labor was substituted by a one time investment in machinery. For this purpose, machinery was imported form Germany, and the necessary technical support was obtained from the Indian collaborator of the German firm, to set up the machinery and other related maintenance.

    Having the necessary machines, the labor, and a location where it could handle the raw material and the completed goods, he was waiting to start off with the packaging once the deal struck.

    The deal stuck and it was time to get to the shop floor for Mr Shashidhar, though he started of looking into the routine working of the packaging department, as time moved on, he realized there were other pressing needs to be catered to. There was the finance that had to be taken care, the accounting of the firm, the stores to manage the inventory; if Shashidhar was engaged in all these routine activity he would have no time to work on the growth plan of the company. He hired a person who could take the responsibility of looking into the daily handling of the company affairs, be it stores, or finance or even production. This person became the general manager of the company, who would look into the daily handling of the company. At this point the structure of the company was simple with just a General Manager who would look in the aspects of the company, such as the production, the accounts, the stores. He would report directly to The MD.

    MD was involved placing the strategy for the company that he had started off with. He had to start gaining a suitable margin for the products that he produced, considering the large volume that was to be packed, and relatively low expenditure, a small margin on the product would do. There was virtually no transaction specific investment that Indus Spray had to do for the packaging of the products. The machines that were set up had a generic capacity and nothing much would change if 3M decided to let go with Indus Spray and a new customer would come in. This acted as an advantage; there was no transaction specific investment to be done for the 3M.

    How ever, 3M was taking a major bet by outsourcing the packaging to such an upstart company. 3M was an established brand and a major leader in the lubricants and the aerosol industry. The packaging of these products had to be of a high standard, in case it has to have the advantage that is has, so it was taking a huge risk To mitigate the risk, it agreed to hand over the packaging of the products to Indus Spray if it agreed that it would be the only consumer it would cater to. This was a hard bet for Indus Spray, but it had to agree for two major reasons, the market that 3M gave and the reputation that would be earned on being earned due to association with 3M.

    Indus Spray now had the order, now had such a big company as its client, 3M would supply all the necessary material, all that Indus Spray had to do was just pack the products and return to it. The initial consignment was mostly of lubricants to be packed. Well with all the material available, it is quite logical to assume that Indus spray could use all the material and make a brand of its own, why doesn’t this happen? Well the brand that 3M has serves as a hedge in such an attempt, even if Indus Spray made its own brand from the material supplied, it would not be able to make a head way into the market.

    With continued association 3M gained confidence in the work that Indus Spray was doing. With trust being a major capital now, 3M decided to hand over the packaging of aerosols to Indus Spray. Indus Spray had to invest into obtaining the permission to use LPG for its production, was this transaction specific investment that Indus spray was getting into? First sight gives us that impression, makes us believe that 3M was getting a better grip in the contract than Indus Spray, well a deeper insight which the MD gave enabled us to clarify this confusion. Indus Spray wants to venture into the Deodorants packag
    ing business, and this was a logical first step to obtain permission for use of LPG. Thus an investment that looked so transaction specific is what forms a part of the much larger gain to Indus Spray.

    Now with 3M gaining confidence in the work that Indus Spray was doing it was time for Indus Spray to try and enlarge its client sphere. The MD who was till now occupied with the his co-ordination with 3M to build trust now had to shift focus, as the relation ship was quite stable, and growth is what “makes” a firm.

    After 3 years of association with 3M, it was now time for the MD to look for new avenues to expand. For this he had to ensure that 3M gave the permission, and make a provision to let Indus Spray have another customer. After a bit of running around, 3M finally granted the permission to go ahead, Indus had to ensure that it did not hamper the deal with 3M.

    The next client that 3M wanted to get in contact with was Natural Remedies. Natural Remedies was into the business of herbal medicines, the domain was completely different, and did anything differ? Well not much, with a generic capability in manufacturing and the association with 3M to back with, it was not difficult to see that Natural Remedies did not have much difficulty to collaborate with Indus Spray.

    Natural remedies did have some minor modification to make from 3M in the caps that were needed, the nozzles etc. The supply of these nozzles and crowns led to association with another supplier. This business was slowly turning from the service of packaging to procuring the material for the purpose of packaging.

    The margin was low and, the volumes were high and so it was a profitable business to be in. The competitors where not many, because the low margin on each product doesn’t let many firm get into, its also hard to find clients like 3M when you start off, who can give you the market that you need. These factors provide a hedge against a lot of firms entering into competition and let the market to the existing firms.

    While Indus spray concentrated on the packaging of the products, being a low margin high volume business it could not spend a lot of amount on investment in maintenance, and fixed cost on permanent labor. To reduce these costs, Indus doesn’t have any permanent staff other than the GM. Other employees are daily/weekly wage workers and are hired as needed. The maintenance of the property, security is outsourced, which would reduce the cost of maintenance, and security. Here we find that the company has already outsourced the most possible area for outsourcing, the support staff. Being the cost leader is what has emphasized this move.

    The packaging needed is rather uniform through out the year and doesn’t vary much except when a bulk deal comes from 3M. In case of such high demands, additional labor can be obtained by word of mouth and this gives Indus Spray and additional flexibility.

    Other factors of environment needed for production like electricity which is not too regular considering that Karnataka is a power starved state, emerges as major hurdle in the production process. But again thanks to the employees who are flexible, ready to work during off peak hours and complete the production on schedule.

    This gets into another dimension that is visible, the interpersonal skill of the entrepreneur. The commitment of the unskilled low cost labor, which is not a permanent workforce, shows the interpersonal capacity of the entrepreneur in reaching to the emotional need of respect that the labor posses. While this is one of the strong points of the company, there is a need for constant growth.

    The company till now has been able to move from 3M to gain a new client in Natural Remedies, but does it stop at this? No, there is huge potential for growth, there are a number of packaging areas to enter into. The MD wanted to reap heavy profits and that is exactly why he entered into this business, so what does he do next?

    Mr Shashidhar, went on to obtain an alcohol license, this needed a lot of work and is not hassle free. The long term aim of the MD and hence the company is to move into the high margin Deodorant packing business. Recently the company has been able to obtain the alcohol license that was needed for such a deo-packing industry. This gives it a boost into creating much higher profits.

  • Azim Premji Chairman and CEO WIPRO Technologies

    Azim Premji stands today with numerous laurels and achievements. Premji has been honoured as being the – “Business Man of the year” – 2000, by Business India Magazine. From a beginning that was given to him by his ancestors to being a millionaire, it has been one huge journey for Premji. Born on July 24th, 1945, Premji has today become an icon for most Indian budding entrepreneurs. Premji was doing his undergraduate program at Stanford University, in 1966 when he was called back to India following the sudden demise of his father. At the age of 21, he was entrusted with the responsibility of handling the family vegetable oil business.
    Premji eventually sought—and received—permission to study arts courses by correspondence to complete the requirements for his bachelor’s degree in Electrical Engineering. The Indian Institute of Technology, Roorkee and the Manipal Academy of Higher Education (2000) have both conferred honorary doctorates on him. At the first general body meeting of the company a shareholder had doubted Premji’s ability in handling the company and had advised him to hand it over to mature management!! This spurred Premji and made him all the more dertermined to make WIPRO a success story! Success story indeed it has been, under his leadership WIPRO has grown a lot. Starting with the family business of vegetable oil, WIPRO later on diversified to get into various fields. From Vegetable oil it diversified into to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders. Thereafter Premji made a focused shift from soaps to software. Today WIPRO is a household name as a huge software company.

    Under Premji’s leadership, WIPRO has grown from a Rs 70 million company in hydrogenated cooking oil to a pioneer in providing integrated business, technology and process solutions on a global delivery platform. Today, WIPRO Technologies is the largest independent R&D service provider in the world. It also ranked among the top 100 companies globally with a turnover exceeding 2.3 billion US Dollars.

    Premji started off in WIPRO with the simple vision to build an organization on a foundation of values.

    Premji believes that ordinary people can do extraordinary things, the key to achieve the extraordinary is creating highly charged teams. He takes personal interest in building teams and leaders. He devotes significant amount of time as a faculty in WIPRO’s leadership development programs. Premji has a fanatical belief in delivering Value to the Customer through world-class quality processes. This belief has driven Wipro’s pioneering efforts on Quality. Wipro was the first Indian Company to embrace Six Sigma, the first Software Services Company in the world to achieve SEI CMM Level 5 and it also became the world’s first organization to achieve PCMM Level 5 (People Capability Maturity Model). Premji equates Quality with Integrity – both being non-negotiable. In 2001, he was voted among the 20 most powerful men in the world by Asiaweek. He was also among the 50 richest people in the world from 2001 to 2003 according to Forbes. In April 2004, he was rated among the 100 most influential people in the world by Time magazine. His assets include 84% holding in Wipro Technologies (the remaining belonging to the co-founder of Wipro). In January 2006, he was the 10th richest man in the world. He has been awarded the prestigious Padmabhushana award in 2005 from the Govt of India. He is also a member of the Prime Minister’s Committee for Trade and Industry in India. Premji in put up in Bangalore, and has a family comprising of Wife: Yasmeen Premji Sons: Rishad Premji married to Aditi Premji; Tariq Premji Azim Premji Foundation

    Azim Premji Foundation says it “Aims at making a tangible impact on identified social issues by working in active partnership with the Government and other related sections of the society”. The Foundation was set up with financial resources contributed by Azim Premji. It believes that “Education is the vital element in the development and progress of our nation”.

    Programmes of the Azim Premji Foundation focus on “creating effective and scalable models that significantly improve the quality of learning in the school and ensure satisfactory ownership by the community in the management of the school”. Azim Premji Foundation says it “dedicates itself to the cause of Universalization of Elementary Education in India.”

    Azim Premji’s Eight steps to excellence Here is what Premji has to say about the secret of success

    These are changing times. Yet in the middle of all the changes there is one thing that constantly determines success. Some call it leadership. But to my mind, it is the single-minded pursuit of excellence.

    Excellence endures and sustains. It goes beyond motivation into the realms of inspiration. Excellence can be as strong a uniting force as solid vision.

    Excellence does not happen in a vacuum. It needs a collective obsession as I have experienced the benefits of excellence in my own life. Excellence is a great starting point for any new organisation but also an unending journey. What is excellence? It is about going a little beyond what we expect from ourselves. Part of the need for excellence is imposed on us externally by our customers. Our competition keeps us on our toes, especially when it is global in nature.

    But the other driver of excellence is internal. I have found that excellence is not so much a battle you fight with others, but a battle you fight with yourself, by constantly raising the bar and stretching yourself and your team. This is the best and the most satisfying and challenging part about excellence.

    How does one create excellence in an organisation?

    First, we create an obsession with excel
    lence. We must dream of it not only because it delivers better results but because we truly believe in it and find it intrinsically satisfying to us.

    We must think of excellence not only with our mind but also with our heart and soul. Let us look outside, at the global standards of excellence in quality, cost and delivery and let us not rest till we surpass them.

    Second, we need to build a collective self-confidence. Organisations and people who pursue excellence are self-confident. This is because excellence requires tremendous faith in one’s ability to do more and in a better way. Unless, we believe we can do better, we cannot.

    Third, we must understand the difference between perfection for its own sake and excellence. Time is of essence. Globalisation has made the customer only more impatient. This may seem like a paradox: should we aim for excellence or should we aim for speed?

    Excellence is about doing the best we can and speed lies in doing it quickly. These two concepts are not opposed to each other; in fact, speed and timeliness are important elements of quality and excellence.

    Fourth, we must realise that we cannot be the best in everything we do. We must define what we are or would like to be best at and what someone else can do better.

    Excellence is no longer about being the best in India. It is about being the best in the world. We have to define what our own core competencies are and what we can outsource to other leaders. Headaches shared are headaches divided.

    Fifth, we must create processes that enable excellence. Today, there are a number of global methods and processes available whether it is Six Sigma, CMM or ISO. Use them because they are based on distilled wisdom collected from the best companies in the world.

    Also, we must build a strong foundation of information technology, because in this complex, dynamic world, it is imperative that we use the most modern tools to keep processes updated.

    Sixth, we must create a culture of teaming. I have found that while great individuals are important, one cannot have pockets of excellence. Quality gives ample opportunities to build a culture of teaming. Cross-functional teams that are customer facing can cut through an amazing amount of bureaucracy, personal empire building and silos and deliver savings that one would not have imagined possible.

    The other advantage of building teams focused on quality is that the teaming culture eventually spreads to the rest of the organisation and teaming becomes a way of life.

    Seventh, invest in excellence for the future. Future always seems to be at a distance. But it comes upon you so suddenly that it catches you by surprise, if not shock. What constitutes excellence in the future will be significantly different from what it is today.

    In these days of severe market pressures, there is big temptation to sacrifice the future to look good in the present. We must certainly trim our discretionary expenses, but we must ensure that our investments in strategic areas that lead to excellence in the future are protected.

    Finally, excellence requires humility. This is especially needed when we feel we have reached the peak of excellence and there is nothing further we can do. We need an open mind to look at things in a different way and allow new inputs to come in.

    Otherwise, there is a real danger of becoming complacent or even downright arrogant. I would like to end my talk with a story that illustrates this very well.

    A brilliant young professor went to meet a famous Zen master to have a discussion with him on Zen. He found himself in front of a modest house. He rang the doorbell and waited. A while later, he heard shuffling footsteps and the door was opened by the Zen master.

    He invited the professor to sit with him on the dining table. The professor was a little disappointed with the shabby appearance of the Zen master. He started quizzing him immediately on comparative philosophies and the Zen master gave some brief answers.

    When the professor began to debate with him on those answers, the Zen master stopped speaking and kept smiling at him. Finally, the professor got angry. He said, “I have come from a long distance just to understand the relevance of Zenism. But apparently you have nothing to say. I have not learnt anything from you at all.”

    At this point, the Zen master asked the professor to have some tea. When the professor held the cup, the Zen master started pouring tea into it. After some time, the tea started spilling and the professor shouted, “Stop! The cup can contain no more.”

    The Zen Master stopped and then, once again smiling, he said, “A mind, full of itself can receive nothing. How can I speak to you of Zenism until you empty your mind to learn.” The professor understood and apologized to the Zen master. He parted from him, the Zen master — a wiser man.

    The author is Chairman & Managing Director, Wipro Limited.


    src:http://www.rediff.com/money/2005/jan/17spec.htm

    src: http://en.wikipedia.org/wiki/Azim_Premji http://www.answers.com/topic/azim-premji http://www.rediff.com/money/2005/jan/17spec.htm http://www.wipro.com/webpages/aboutus/azim.htm http://www.iloveindia.com/indian-heroes/azim-premji.html

  • Study

    A lot of people of late have been asking me, how should you study? What are the different ways to study so that we remember? And so on. I am no expert to reply to this question, but yes, I think I can contribute a little bit so that the person who has these questions feels better.

    I will be dealing with the questions as they strike me, and may be if we have some query we can clear them and discuss so that we get different opinions and may be even device new mechanisms to study!!!

    I have concentrated more on the students who are studying for their graduation. May be some of the methods and queries that we see may be common to a lot of other students, in such a case just go ahead and pick up the technique, if you feel it’s worth it.

    You may find me idealistic in some of the answers but, that’s the way I have preferred doing things. I am open to criticism; I like people being critical about what they read or learn or anything.

    AND LAST BUT NOT THE LEAST, there is bound to be difference of opinions, just post your views on the topics what you think is a good way forward? May be you have a better technique to remember or recall and things like that, just share it so that it’s of some use to other as well.

    Let us begin with understanding what study is first?

    Study is application of the mind to the acquisition of knowledge, as by reading, investigation, or reflection. This is a time consuming process, requiring a lot of patience and effort to attain knowledge.

    The knowledge that you obtain would be in deep understanding of the subject of interest. It’s only through study that we understand the minute details that are missed out when we just browse through the topic that we “intend to study”. These minute details when understood completely, gives a competitive edge over those who have not “studied” the particular subject.

    It is study of the subject that is the marking difference between the Master and a novice. A novice to start off with a lot of committed study of the subject develops into a master of the subject.

    Study need not be always mental; it is a combination of mental and physical activities. The theory learnt would involve a majority of mental effort, but it’s through the physical examination i.e., through practical experience that we understand this better, “to understand” is component of study. That is why we have “practical sessions in labs” during college days.

    The scope of study essentially involves understanding of the subject, practical and theoretical parts just form a path to achieve better knowledge of the subject.

    So the basic purpose of study turns out to be mastery of a particular field of interest.

    Now the next question is why should I study something?

    Well not every thing is to be studied in detail, you can just be happy by knowing what the topic means!!

    But what interests us we have to study it in detail, else we are just like an encyclopedia reference (not detailed, just a glimpse of the topic), so can you tell some one how it actually works, what it actually is? Can you reply to any query in that regard based on just this minimal knowledge? This will lead us to a position where we are in a situation – “Jack of many, King of None!!!”

    We seem to know a lot of things, but don’t understand all of them. This is what generally happens when we go to an interview. Let me take up the example of a campus interview: Invariably we are asked the question – “Which is your favourite subject?” and then the interviewers start off asking questions on it. The Idea behind this is simple – if you like a subject, you would definitely learn the subject well (This is intern a reflection on the interest you have). They then evaluate you based on their understanding, how well you know the subject – this is just to know how thorough you are on the subject that you like – reason, if you have shown this interest and understood some subject really well then if you are given a handsome pay and incentives you would definitely learn what they want you to, and perform well in it. This is so simple isn’t it?

    So it’s important that we “study” at least one subject well, if we do learn more than one subject well, then it’s an added advantage.

    If we study some subject thoroughly, it reflects on our understanding of other subjects as well. If we are a master of some subject, its easy to underst
    and another just by mapping one to another, an example may be – understanding equations in algebra helps understand matrix related problems, this is with maths… but will definitely hold true with other subjects as well I am very sure. So, EASE OF REMEMBERING is another factor why was need to study.

    What is it, which makes study different form a “go-through” or a “browse”?

    Well as I see it, it’s the understanding of the subject. While a “go-through” or a “browse” will just keep things in memory for a short term and then forget it, without understanding the essence of what was read, heard or seen.

    I know that its difficult to study, its so easy to get behind marks but always remember … what is understood becomes ours for life, what is just kept in mind with say the intention of an exam, or something will not remain with us though out, and needs constant rehearsal.

    To understand we have to spend time with the subject that we wish to master, to study. With time, the time spent to study a subject goes on reducing.

    Time wise it can be said that “studying” in the long run is faster and more rewarding than just a “browse”.

    I attempt to study, but I can’t recall a thing when I am asked about it. What should I do?

    Well, study can be done only if we work on any subject in our mind, so we have to retain and get the association right.

    Retention of what we study is very important, without that it’s like we have no data to study when we have time. To retain data, we have to have the art of association (actually this is a study technique that we will look into some time later). This association is what gets the continuity of thought. This guides us how one of the topics is related to the next topic, how one sentence is linked to the next and so on.

    The flow that is seen is what helps us retain the subject related information in our brain. When we associate a line of information with the next, we derive a sort of flow in the thought process that helps us recall. Just by thinking “how this sentence leads to the very next sentence?” we can associate and there by remember the topic. So all we have to do is just read, and then take some time to understand the particular sentence, and then read the next sentence, associate the two of them so as to form a chain, which can be pulled out by holding one end.

    While trying to think of the various associations that are needed to get to the flow, you can actually use your own experiences so that you can remember them better. You can also think of the associations that are funny, or those which rake up a lot of emotions, these associations tend to stay with us for a longer time in memory.

    How should I study? Is there any particular method?

    Well to frankly say there is no particular method, I have used a few of them, I think this will help in studying a subject. I discuss in here two different techniques:

    1. The first technique is what most of them can easily follow. It’s what is called “repetition”. This is a very time consuming process, but very easy to follow. This can be done my even a dull head who doesn’t even have a bit of imagination. All we have to have is abundant time at our disposal. Just sit in front of the material, and repeat what is to be learnt, after a lot of effort it automatically gives a flash of understanding and then we have to look at all things again with that as our torch light. This is one of the crude ways to study, but is very time consuming.

    2. The second method needs nothing but a bit of imagination, i.e. I mean the capacity to visualize things. All we have to do is just read a sentence, and let the mind think freely on this particular sentence. Let it imagine and get as many Ideas as possible (In turn the mind gets happy because, we are giving it sufficient work that it like – imagining). Now read the second sentence and so the same imagination exercise. Once this is done, think about the two sentences in tandem; try associating the two sentences (again an imagination exercise.) Keep doing this exercise, from the first line of the paragraph to the last line of the paragraph. Once a paragraph is complete, go to the next, once 2 paragraphs are complete, associate one paragraph with another. This will give the flow of the content in the topic chosen. Try it out and see how long you remember what you have learnt (you are sure to be amazed at your capacity!!!)

    Well this just did not end the study, now we have most of what we learnt in our brain and this is the most important part. Once we have all this data into brain, we have to keep thinking about it when we are free, this will help us understand better, and once we get that understanding we have studied the subject. The more you think, the more diverse the meaning of what we have studied is go
    ing to be; this makes us more studied… and eventually the masters of a subject.

    Once we are masters of a subject, we can easily understand other subject just but drawing parallelism between the subjects in case we feel so, else we can use the above technique to study them.

    Hey what do you think is the essence of the above method that you have told? If I know what I have to do it would be helpful as I can device my own method for it?

    The basic essence of the methods that I mentioned above is “observation”, through repeatedly letting the mind ponder over and think about some thing that it just read helps us observe the subtle and an hidden information that will not be available on just reading through. This is important in order to improve the understanding of the subject that is under study. Observe every single thing that you can, the more you observe, the more you understand what is being talked off – what is that that each of the author thinks is important, what does he emphasise, what is that which will give me a better analogy of what I learn. All this is possible only if we observe and then try looking at the subject of study.

    Oh All that’s fine, but I don’t get time to do anything? how can I give so much of time to master a subject?

    Well, friend I think 24 hours in a day is all each of us have to do all our activities. We have our own priorities in life no doubt, but as a student its our first priority to study and make a mark for our self. I personally think as a student study has to be our first priority, all other things can hold back (some 20 yrs down the line we should not feel sad for not having studied something which might be needed).

    The basic reason why we always complain about shortage of time is our bad time management. All of us have the same 24 hrs but some can do much more than others in the same time frame.

    Most of the time we waste our time because we don’t know what the next job that we want to do is? We waste a lot of time thinking what to do next, this is to be avoided, and then we will be managing our time better.

    How do I manage Time?

    Managing time is simple as far as I think; we have to follow the following steps to manage time:

    1. Identify what are those things in which you waste a lot of time.

    2. Think if I have to do some work, what would be the shortest time that I can give to this, in case we fail to finish it on time what would be the longest time frame?

    3. Now list down the things that are static (routine) for the day, and ones that are dynamic (ones which change day to day based on sudden priority works, we can at least make a guess rt!!)

    4. Think which of these things can be clubbed to gather in one go? (Say once we go out of the house for getting some books just check to see if you need a pen as well). Avoid repetition of work.

    5. Now to the most important part of time management, decide how much time we should give for each of the subject that you want to study? Say you decide to give 30 min to each subject and you have 5 subjects, so we have to find a slot to fit in this 2 and half hours. May not be in one continuous stretch, but may be with time gaps in between. But the basic point is you should do this regularly.

    6. Once this much is decided, we can plan a time schedule that, which gives us the time for all that we want to do within the day. Now that we have the schedule we just have to follow it, that’s all we have to do to manage our time.

    If you have a calendar based reference to what you would like to do, what are your engagements for the next 6 months? And so on… it will help do the time management even better.

    Well this should help us do off our problems with time management, but still I personally feel we can improve up on this, when we have scheduled a job to be done and that is postponed or is completed much before time we have to put some things else in the place so as to use that time and may be if we feel relax later on!!!.

    I have studied as much as I can, but I get nervous when I get to the time I have to perform – Exams. What do you think is going wrong here?

    I think this is a problem with t
    he confidence of facing an examination. As the saying goes – “The proof of a pudding is in eating it.” Any amount of information that is there in the mind will be evaluated only on the way its been presented.
    1. First of all we have to isolate the reason(s) for the lack of confidence. For this we have to look at our-self and analyse where we might be missing the crux… that is making us feel lower in confidence?
    2. To improve confidence it is important that we practise really well, practice facing the opposition that we might be exposed to, i.e. answer more question papers, and answer the questions which in the increasing order of difficulty as you may think to be.
    3. Also self suggestion techniques, like speaking to your self about your strength will help a lot, suggesting your self by saying “I am confident of performing well” will also help.
    4. Getting to revise very often will help out, the frequency of revision may keep on increasing. say initially you start of revising every alternate day then once in 3 days then once in 5 days and then 7 days, fortnight and so on…

    Is there any suggestion that you would like to give while we are about to write exams?

    Definitely there are some things to be kept in mind while writing an exam. The most common mistake that we do it – once we get the paper we just have a quick glance at the questions and immediately start writing it, this is a wrong thing to do. Once you are in the examination hall and you have received the paper, we have a few things to note:
    1. Read through all the questions completely and realize which questions you would like to answer as you think they might be easy.
    2. Once you select the questions you want to answer, read them again and look at what the paper expects you to write.
    3. Once you know what is being requested for, note down the point in the corner of the answer sheet, else you may forget what is to be written, or you may realize a few points while writing the answers.
    4. Once you have written the points, think of organizing them in a very presentable manner, point wise presentation is preferred over paragraph presentation. While presenting ensure you write down the points as much as possible in the order of importance that you would like to associate.

    There are so many things to remember, can you suggest a few things to aid the process of remembering?

    As already discussed while mentioning about how to study? I have made a mention of the link based system of studying. This alone should go a long way in helping remember things. To assist this method further:
    1. you can make small set of notes, as summary of all the topics, the main points under each topic etc. This will help save a lot of time towards the end of the academic calendar.
    2. If you have a lot of diagrams to refer to, then it will be better to make the diagram on a sheet of paper and stick it over the wall so that it keeps reminding u about the functionality.
    3. Make comparative notes, this will help remember with much more ease… a typical example would be the comparison of the various hydrocarbons in organic chemistry… you can compare the method of generation, the chemical reactions and things like it. If you have a sheet ready like it, you can stick it out and keep comparing with it.
    4. And try associating things that you want to remember with some thing out of proportion, something that is exaggerating something really funny, this will help you remember things for a long time.

  • Competition – Natural versus prepared!!!

    Competition – Natural versus prepared!!!
    ———————————————-

    Well this is just one thought that I got while I was walking back from the cafeteria after my lunch. Some of my friends were talking about writing exams like GRE, CAT, GMAT ans things like it. Even I had given CAT and got GDPI calls for 3 of them. But this thought which I got – naturalness versus competitive preparedness, is not one that i am used to.

    This is a competitive world no doubt about that, we see competition right from school days till we find job, and even after that. We see children in pre-university colleges, going to tutions after theirs long hours of class through out the day. Especially when the students are in 12th I see that they don’t have a break, the preparation starts some 2 months before the actual college classes begins, the students are made to go through a rigorous schedule and don’t find time for anything else. Then there are the competitive exams which these students write. They are get to compete on much larger scale and those who will make it though these exams gets a graduation course of his/her choice.

    In all this process of preparation for the exams, we are continuously strained by the time bound process. We have to say, wake up at 5:30am, then slog the whole day and then get back to bed at 12 mid night. We do this for one year and then we get into a graduation course that would later on guarantee us a job, and a profession. But in all this we find that we just prepare our-self for the competitive exam, and just get trained for the particular purpose. We don’t follow this system further until we have another competition else where.

    Well when I say “natural” in the above sentences, I only mean not being explicitly prepared for this purpose, but this naturalness might be a result of long term effort. What this means is, you work continuously, not concerned about the course of events/competition etc., you work to increase your skill set and there by just make it natural – liking what you do.

    Here are a few things that curtails me and get me thinking as to why its better to make the thing natural than just be prepared for it is the effect this preparedness gets in. Assume you enter into a prestigious institute like IIT with a solid preparation that was overlooked & guided by a coaching class. When you enter into such an institute and find all the people coming in there with just some prepared course material and not naturally good in the subject (he has not understood the subject on his own and just come in with some knowledge about how to solve what is given), we cant find a lot people getting into to understand the subject of the course and the basis for innovation – science, takes a hard hit. We find today a lot of people who could not make it into the engineering colleges for their graduation go and join the pure science stream. The result being that we have very few innovations in the pure science related field of late. We have to emphasise on naturalness and ensure that this be the path that people follow, so as to benefit the long run objectives of improvement rather than immediate gains.

    After all these though, i am slowly getting into being more bent towards the natural process. I don’t want to be spontaneous for success alone, I feel like relishing what I do. I want to make my gamut of capabilities large enough to encompass the challenge of competition more easily. I believe in sharpening the axe even when I don’t have to cut wood. Working toward making life and the challengers that I face be just a process of evaluation for the much larger concept of making things natural.

    If I have to explain what I mean to say in the above paragraph, I would get it clear like this. I am generally work with words, solve crossword puzzles, and try all the games related to vocabulary, just because I like the language and want to know more about it. I work on this continuously. If some day choose to write GRE, the preparation for the vocabulary section of the exam would not need any extra effort. Its just natural for me to answer this. I would be in a much better mental state to answer the questions, than if I had prepared specifically for this purpose – in which case, the pressure of the exam can get me to mark a wrong answer even if I know the correct one. If you read regularly to improve you G.K and not for any competitive interview, you are definitely more better off.

    Though the natural process of preparation, which takes time and effort, and doesn’t seem to give immediate results, except that you do it for your own satisfaction. In the long run, this naturalness give lot more preparedness to face situations, a better understanding of the subject, making it more rewarding.

    Well I don’t mean to rule out that small term preparation is bad, or not useful at all. All I want to tell up is that, this short term is a good short cut to success but it will not carry a long way until we convert this short-term preparation to be more expanding and encompassing. We don’t get to like all that we do, true, but we have to prepare our-self for the situation… in such cases we have to take to the short term preparation. But we can keep doing this short preparation but have to make it natural if the same situation recurs. The basic point is we have to strike the right balance between the two.

    The most important way of converting this short term preparations into naturalness is by converting them into hobbies, this is the easiest of ways. Other than that we can start off continuing with the same routine that we would have developed in the days of intense preparation, and then blossom with the same routine to experiment and know the beauty of the each of the subjects that may be involved. These are the smoothest way to transform from the short term preparation to long term natural preparedness…

    Well I see that for quick gains and results in the fast paced world of today, there is little that we can do to prevent short term preparedness towards competition. We are happy being able to perform on the particular day and not care about how well we understand and perform. But the only point that is repeatedly coming to my mind is, how long can you survive on something that is manipulated and not completely integrated and made your own feature? I don’t disagree that there are people who follow the short-term progress but understand the subject as well but those are very rare cases.

    Personally I still advocate being on a “natural” course rather than the gimmicks of a short term preparation… I have decided that I will adopt this system from now on…. may be the turning point of my life… cant say…. I still see sense in this method… What do you think?

  • Sabeer Bhatia

    Sabeer Bhatia

    ————–

    I am sure – if you have been listening to the news with apt attention during the late 1997 or early 1998, you would not have missed the news of Microsoft taking over HoTMaiL. In this article I give a brief introduction of the co-founder of the HoTMaiL. The co-founder of the now famous HoTMaiL is none other than our very own Bangalore lad – Sabeer Bhatia.

    Sabeer was born in 1969 at Chandigarh to Balev Bhatia & Daman Bhatia. Balev Bhatia served the Indian Ministry of Defence while his mother Daman Bhatia worked as a senior official at a State Bank.

    Schooling:

    His parents placed great value on education. Sabeer grew up in Bangalore and had his early education at Bishops Cotton’s School in Pune, and then at St. Joseph‘s Boy’s High School in Bangalore. He did his Pre-University in St. Joseph‘s College Bangalore.

    Some of the memorable incidents during his school life are here – “On parent-teacher days they would just say ‘Sir, why did you come? You don’t have to come! We tell Sabeer to solve the questions on the blackboard for us,’” says Bhatia senior. Once, Sabeer came home crying after an exam. He had not done badly; he just hadn’t had time to write down everything he knew.

    He started his undergraduate education at the Birla Institute of Technology & Science (BITS), Pilani. In 1988 Sabeer won a full scholarship to the California Institute of Technology (Cal Tech), in Pasadena. After graduating from Caltech, Sabeer went to Stanford to pursue his MS in Electrical Engineering. At Stanford, he worked on Ultra Low Power VLSI Design.

    Career:

    At Stanford, he was inspired by entrepreneurs such as Steve Jobs and Scott McNealy eventually deciding to become one himself. Instead pursuing a PhD after his Masters, he decided to join Apple computers.

    Sabeer briefly worked for Apple Computers as a hardware engineer -he lasted nine months there, after that he joined a start up company called Firepower Systems Inc, where he spent two years.

    The new dawn:

    In his cubicle, he read about young men starting up for peanuts and selling out for millions. Sabeer pondered what the Net could do for him, and what he
    could do for the Net. Then he had an idea.

    It was called Javasoft – a way of using the Web to create a personal database where surfers could keep schedules, to-do lists, family photos and so on. Bhatia showed the plan to Jack Smith, an Apple colleague and they got started. One evening Smith called Bhatia with an intriguing notion. Why not add e-mail to Javasoft? It was a small leap with revolutionary consequences: access to e-mail from any computer, anywhere on the planet. This was that rare thing, an idea so simple, so obvious; it was hard to believe no one had thought of it before. Bhatia saw the potential and panicked that someone would steal the idea. He sat up all night writing the business plan. “Then we wrote down all variations of mail – Speedmail, Hypermail, Supermail.” HoTMaiL made perfect sense: it included the letters “HTML” – the programming language used to write Web pages. A brand name was born.

    In order to attract attention, the e-mail service was provided for free and revenue was obtained through the advertising on the website. Bhatia had $6,000 to his name. It was time to find investors. By the time he reached the offices of venture capitalists Draper Fisher Jurvetson, 19 doors had slammed behind him. Steve Jurvetson and his colleagues quickly saw the potential and put up $300,000. Bhatia and Smith stretched the money all the way to launch day, July 4, 1996. By year-end they were greeting their millionth customer. When Microsoft came knocking, 12 months later, they’d signed up nearly 10 million users.

    Selling HoTMaiL to MS (Microsoft):

    But what were 10 million subscribers worth? Was it $160 million as Microsoft said? More? Less? Sabeer polled his investors. Doug Carlisle, whose firm Menlo Ventures had pumped $1 million into Hotmail, guessed $200 million. Sabeer chided him for giving the lowest estimate and joked that he might hold out for a billion. Carlisle promised that if Sabeer made $200 million he would erect a life-size, bronze statue of him in Menlo Ventures’ foyer.

    Sabeer didn’t know how to sell a company. But he did know how to buy onions. “In India you’ve got to negotiate for everything,” he says. “Even buying vegetables, you’ve got to negotiate.” When the bargaining started, Sabeer felt right at home. “They came in low with $160 million, so I came in at $700 million! And when they said: ‘That’s ridiculous! Are you out of your mind,’ I knew it was just a ploy.”

    Sabeer wouldn’t budge, and Microsoft’s representatives kept walking out, or rather storming. And shouting and swearing and hurling insults. But the Hotmail team had been warned of Microsoft’s tactics. “It was like a record being played,” says Jurvetson, “which we thought was pretty funny. It gave us a real sense of strength.” During the negotiations, he had bumped into a British backpacker in Prague. Sabeer asked him how he kept in touch with family and friends – Hotmail, of course. Sabeer went back and told Microsoft: “If that is the brand we have built in one and a half years, imagine what it will be in 20 years. Hotmail will easily be bigger than McDonald’s.”

    At $200 million, Doug Carlisle started looking for a sculptor. At $350 million, Hotmail’s investors agreed: Sell. Sabeer returned to the table, alone, and once more said: “No.” The contract was inked on Dec. 30, 1997, Sabeer’s 29th birthday. The price: some three million Microsoft shares – worth $400 million at the time and twice that now. Today Hotmail users are signing up at the rate of 250,000 a day, and the firm is valued at some $6 billion. “I’m pretty sure Sabeer and Jack regret selling,” says Jurvetson. “Who knows what might have been?” Sabeer shrugs: “When we sold, it was considered an outrageous amount. In hindsight, yes, we sold too low. But I don’t regret it because at that time it was considered a great deal.”

    After the Sale (New day!!!):

    After selling Hotmail, Sabeer worked at Microsoft for about a year and in April 1999, he left the company to s
    tart another website, Arzoo Inc, which was shut down when the dot-com bubble burst. In 2006, he re-launched Arzoo as a travel portal.

    He started a new website trying to capitalise on the emerging blogosphere – BlogEverywhere with co-founders Shiraz Kanga and Viraf Zack.

    He also pushed for a project enabling access to the internet through cable television in Indian homes. However, due to bureaucratic problems it is very unlikely that this will reach completion.

    Further future plans of his include the development of a new city in India by the name of Nano city. The aim of Nanocity is to replicate the vibrance and eco-system of innovation found in the Silicon Valley.

    Recognition:

    Sabeer’s success has earned him widespread acclaim;

    1. The venture capital firm Draper Fisher Jurvetson named him ‘Entrepreneur of the Year 1997’,

    2. MIT chose him as one of 100 young innovators who are expected to have the greatest impact on technology and awarded ‘TR100’,

    3. San Jose Mercury News and POV magazine selected him as one of the ten most successful entrepreneurs of 1998 and

    4. Upside magazine’s list of top trendsetters in the New Economy named him ‘Elite 100’.

    5. Named by TIME as one of the “People to Watch” in International Business (2002)

    Src:

    http://en.wikipedia.org/wiki/Sabeer_Bhatia

    http://www.pathfinder.com/asiaweek/technology/990625/bhatia.html

    http://news.bbc.co.uk/1/hi/uk/1402270.stm

    http://www.webindia123.com/personal/abroad/sabeer.htm

    http://www.indobase.com/indians-abroad/sabeer-bhatia.html

    http://www.engology.com/eng5bhatia.htm