Dear Friends,
We are all aware of iPhone and iPod from Apple. Recently iPad was launched in the world, understand more than 1 million sets have been sold. At the same time there were two launches from India of the product similar in all respects to iPad. They are Adam from Notion Ink & Phi. Both are expected to have price advantages over Apple's iPad.
Do you think India being a price-sensitive country, Desi products will give iPad a run for the money whenever it is launched?
Or Desi version will die a natural death against the giant- Apple
Why iPhone is not able to gain a sizable market share in India?
I would like to hear your views and plan of action for both companies - Apple & desi companies. You may choose one of them for your analysis and final recommendation.
I shall be requesting senior alumni to judge your plan of action and choose the best first three.
Why wait, let us start!
Best wishes
Wednesday, June 30, 2010
Monday, June 28, 2010
Reality Check
Why do we join MBA? Majority of us believe that MBA degree/
diploma is considered as a passport to prosperity.
1. Money
2. Respect
3. Career growth
You (once acquired MBA degree) are the part of management entrusted with job of achieving objectives of the organization through & with people.
Expected to understand & improve the running of the organization.
Understand organization as a whole & being able to understand people in it.
It means management expects certain skills MBA possess so that there is alignment in their way of working towards achieving goals of organization.
What are those skills?
They are
1. Good understanding of subjects and its application in real life
situation,
2. Analytical skills: Logical vs. lateral thinking,
3. Ability to work under pressure / obstacles,
4. Ability to work in team,
5. Proactive,
6. Learning attitudes,
7. Innovative mind and above all
8. Communication mastery because it is through communication one gets
result.
So why not we start with reality check – self- SWOT analysis. Do we possess the aforesaid skills? If yes work on it to fine tune it, if not what do I do to acquire those skills? Or in between, work on both but never ignore your strong areas.
It is said talents are incomplete when not aligned with skills. Talents may open doors, but skill will allow going through.
Therefore it is not too late.
Many of you may think strongly those skills are well known to us. Then why to repeat the same?
If you are serious about your career, would like to make you employable, you need to revisit this dashboard again and again to check whether you are on the track or not. Because those skills cannot be acquired in short period but it requires continuous practice. Remember The 10,000 – Hour Rule as explained in the book “OUTLIERS” by Mr Malcolm Gladwell.
I would strongly recommend the reality check exercise every week. Next time when we meet I am going to talk to you about real life situations / happenings and its linkages with your studies / career.
Till then wish you good time and do share your views I would be looking forward to receiving them in all humility.
Why do we join MBA? Majority of us believe that MBA degree/
diploma is considered as a passport to prosperity.
1. Money
2. Respect
3. Career growth
You (once acquired MBA degree) are the part of management entrusted with job of achieving objectives of the organization through & with people.
Expected to understand & improve the running of the organization.
Understand organization as a whole & being able to understand people in it.
It means management expects certain skills MBA possess so that there is alignment in their way of working towards achieving goals of organization.
What are those skills?
They are
1. Good understanding of subjects and its application in real life
situation,
2. Analytical skills: Logical vs. lateral thinking,
3. Ability to work under pressure / obstacles,
4. Ability to work in team,
5. Proactive,
6. Learning attitudes,
7. Innovative mind and above all
8. Communication mastery because it is through communication one gets
result.
So why not we start with reality check – self- SWOT analysis. Do we possess the aforesaid skills? If yes work on it to fine tune it, if not what do I do to acquire those skills? Or in between, work on both but never ignore your strong areas.
It is said talents are incomplete when not aligned with skills. Talents may open doors, but skill will allow going through.
Therefore it is not too late.
Many of you may think strongly those skills are well known to us. Then why to repeat the same?
If you are serious about your career, would like to make you employable, you need to revisit this dashboard again and again to check whether you are on the track or not. Because those skills cannot be acquired in short period but it requires continuous practice. Remember The 10,000 – Hour Rule as explained in the book “OUTLIERS” by Mr Malcolm Gladwell.
I would strongly recommend the reality check exercise every week. Next time when we meet I am going to talk to you about real life situations / happenings and its linkages with your studies / career.
Till then wish you good time and do share your views I would be looking forward to receiving them in all humility.
Monday, June 21, 2010
Lateral thinking vs logical thinking
Here is a very good story deals with the above concept. I find it useful so that you all may develop lateral thinking skill.Hence I am posting it.I look forward to receiving your feedback.
Many years ago in a small Indian village, A farmer had the misfortune of owing a large sum of money to a village moneylender. The Moneylender, who was old and ugly, fancied the farmer’s beautiful daughter. So he proposed a bargain. He said he would forgo the farmer’s debt if he could marry his daughter. Both the farmer and his daughter were horrified by the proposal.
So the cunning money–lender suggested that they let Providence decide the matter. He told them that he would put a black pebble and a white pebble into an empty money bag. Then the girl would have to pick one pebble from the bag.
1. If she picked the black pebble, she would become his wife and her father’s debt would be forgiven.
2. If she picked the white pebble she need not marry him and her father’s debt would still be forgiven.
3. But if she refused to pick a pebble, her father would be thrown into Jail.
They were standing on a pebble–strewn path in the farmer’s field. As they talked, the moneylender bent over to pick up two pebbles. As he picked them up, the sharp–eyed girl noticed that he had picked up two black pebbles and put them into the bag. He then asked the girl to pick a pebble from the bag.
Now, imagine that you were standing in the field. What would you have done if you were the girl? If you had to advise her, what would you have told her?
Careful analysis would produce three possibilities:
1. The girl should refuse to take a pebble.
2. The girl should show that there were two black pebbles in the bag and expose
the money–lender as a cheat.
3. The girl should pick a black pebble and sacrifice herself in order to save
her father from his debt and imprisonment.
Take a moment to ponder over the story. The above story is used with the hope that it will make us appreciate the difference between lateral and logical thinking. The girl’s dilemma cannot be solved with traditional logical thinking. Think of the consequences if she chooses the above logical answers. What would you recommend to the Girl to do?
Well, here is what she did ……
The girl put her hand into the moneybag and drew out a pebble. Without looking at it, she fumbled and let it fall onto the pebble–strewn path where it was immediately lost among all the other pebbles.
"Oh, how clumsy of me," she said. "But never mind, if you look into the bag for the one that is left, you will be able to tell which pebble I picked."
As the remaining pebble was black, it must be assumed that she had picked the white one. And since the money–lender dared not admit his Dishonesty, the girl changed what seemed an impossible situation into an extremely advantageous one.
Moral of the story: Most complex problems do have a solution. It is only that we do no attempt to think.
Many years ago in a small Indian village, A farmer had the misfortune of owing a large sum of money to a village moneylender. The Moneylender, who was old and ugly, fancied the farmer’s beautiful daughter. So he proposed a bargain. He said he would forgo the farmer’s debt if he could marry his daughter. Both the farmer and his daughter were horrified by the proposal.
So the cunning money–lender suggested that they let Providence decide the matter. He told them that he would put a black pebble and a white pebble into an empty money bag. Then the girl would have to pick one pebble from the bag.
1. If she picked the black pebble, she would become his wife and her father’s debt would be forgiven.
2. If she picked the white pebble she need not marry him and her father’s debt would still be forgiven.
3. But if she refused to pick a pebble, her father would be thrown into Jail.
They were standing on a pebble–strewn path in the farmer’s field. As they talked, the moneylender bent over to pick up two pebbles. As he picked them up, the sharp–eyed girl noticed that he had picked up two black pebbles and put them into the bag. He then asked the girl to pick a pebble from the bag.
Now, imagine that you were standing in the field. What would you have done if you were the girl? If you had to advise her, what would you have told her?
Careful analysis would produce three possibilities:
1. The girl should refuse to take a pebble.
2. The girl should show that there were two black pebbles in the bag and expose
the money–lender as a cheat.
3. The girl should pick a black pebble and sacrifice herself in order to save
her father from his debt and imprisonment.
Take a moment to ponder over the story. The above story is used with the hope that it will make us appreciate the difference between lateral and logical thinking. The girl’s dilemma cannot be solved with traditional logical thinking. Think of the consequences if she chooses the above logical answers. What would you recommend to the Girl to do?
Well, here is what she did ……
The girl put her hand into the moneybag and drew out a pebble. Without looking at it, she fumbled and let it fall onto the pebble–strewn path where it was immediately lost among all the other pebbles.
"Oh, how clumsy of me," she said. "But never mind, if you look into the bag for the one that is left, you will be able to tell which pebble I picked."
As the remaining pebble was black, it must be assumed that she had picked the white one. And since the money–lender dared not admit his Dishonesty, the girl changed what seemed an impossible situation into an extremely advantageous one.
Moral of the story: Most complex problems do have a solution. It is only that we do no attempt to think.
Sunday, June 20, 2010
Promise made is practiced
Dear FMS BHU Students,
It was nice interacting with all of you in career guidance session organised by BHUMAA on 19th June 2010 at Malaviya Smriti Bhavan, New Delhi.
As promised, I am starting a blog for you only. Primary objective is to prepare you for a better & secure career by sharing with you the real life application of your text book, enhancing your understanding of those theories, concepts.
I am a firm believer of whatever we read in text book has application in real life situation. It is up to us to create that relation.
In coming days, i am going to pick a topic / subject / concept from your current syllabus and take you through the journey of learning. I hope you are going to have a good time with me. In the process I shall also be learning from your input.
Let's start.
I shall welcome your suggestion/ feedback in right earnest and take it as an opportunity to explore new horizons of knowledge / skills.
Best wishes!
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