I had the oppurtunity of visiting IIT madras last week and i happened to see this beautiful stuff. it immediately struck me and i thought i cud share with u guys.
Wednesday, April 14, 2010
Tuesday, April 13, 2010
TATA NANO-cheapest car or compensation car
"the nation's cheapest car the grand tata nano is set to give problems to the people in india"
this statement is similar wen tata launched its chaepest car nano wen it maked the haedlines some 2 yrs ago. no one wud hve expected that weird things will happen i.e ignition problems.nw the company has stepped in and is awarding compensation to its customers( Gosh, strategies by ratan tata seems to fail in this )
the costs of the car comes to around 1.35 lakhs or so(i m nt sure). recently i studeied in paper that tata is compensating its customers by giving an extra one lakh i.e 2.25 lakhs they are giving.
who is to blame for? is it the customers who are taken aback by its cheapest price or TATA's R&d team ?
this statement is similar wen tata launched its chaepest car nano wen it maked the haedlines some 2 yrs ago. no one wud hve expected that weird things will happen i.e ignition problems.nw the company has stepped in and is awarding compensation to its customers( Gosh, strategies by ratan tata seems to fail in this )
the costs of the car comes to around 1.35 lakhs or so(i m nt sure). recently i studeied in paper that tata is compensating its customers by giving an extra one lakh i.e 2.25 lakhs they are giving.
who is to blame for? is it the customers who are taken aback by its cheapest price or TATA's R&d team ?
A story of an employee who is going to work in one of the big4 companies
"Can you explain the "forced ranking" system (e.g. GE style) that the Big 4 use to weed out employees.
Good question. There are really three factors that come into play here -
a) CPA - This is huge. If you don't have it after 4 years at your firm, you're in the red zone. Try and get it out of the way as soon as you become eligible to take it. If you are not a good test taker, then it is even more imperative to begin the arduous process asap. If you are an audit superstar, but still don't have your CPA by this time, you're in danger. Why? Because it is a numbers game, and since firms have to cut a certain number, they just look at stats and don't look at each individual's particular scenario.
b) Performance Reviews - Don't aim for an average rating. In this economy, it's not good enough. Yes, if people know you're good, you might end up getting put on horrendous clients. But that's just a risk you have to take. Take more responsibility for what you do. Help your senior associate/manager in any which way you can. Trust me, he or she will really appreciate your willingness to help (assistance, not brown-nosing). If you go below average w/ different reviewers, update your resume.
c) Hours - If you're sitting around in the office "on the bench" and not working much for days/weeks, don't wait for somebody to assign you to certain clients. Go seek out your managers/senior associates and ask to be put on clients. This is a very easy metric for HR to measure, and if they notice that you're not being used effectively, you're expendable.Then again, if people start leaving the firms, then they'd go back to the pre-recession days of their economic model, i.e. constantly be short of auditors instead of having an excess to carry around on their books.
Good question. There are really three factors that come into play here -
a) CPA - This is huge. If you don't have it after 4 years at your firm, you're in the red zone. Try and get it out of the way as soon as you become eligible to take it. If you are not a good test taker, then it is even more imperative to begin the arduous process asap. If you are an audit superstar, but still don't have your CPA by this time, you're in danger. Why? Because it is a numbers game, and since firms have to cut a certain number, they just look at stats and don't look at each individual's particular scenario.
b) Performance Reviews - Don't aim for an average rating. In this economy, it's not good enough. Yes, if people know you're good, you might end up getting put on horrendous clients. But that's just a risk you have to take. Take more responsibility for what you do. Help your senior associate/manager in any which way you can. Trust me, he or she will really appreciate your willingness to help (assistance, not brown-nosing). If you go below average w/ different reviewers, update your resume.
c) Hours - If you're sitting around in the office "on the bench" and not working much for days/weeks, don't wait for somebody to assign you to certain clients. Go seek out your managers/senior associates and ask to be put on clients. This is a very easy metric for HR to measure, and if they notice that you're not being used effectively, you're expendable.Then again, if people start leaving the firms, then they'd go back to the pre-recession days of their economic model, i.e. constantly be short of auditors instead of having an excess to carry around on their books.
indian railways
whenever i go to railway station. i feel somewhat bizarre about things happening. the railway authorities are, i dont know why they introduce special trains for women . they are not understanding that if they introduce special trains, crowds in the station become enormous . and if the next general train comes my god unbelievable all the people over there rush into it.
so i feel that men and women should be given equal things. y the hell shud they introduce LADIES SPECIAL .many are saying India is developing country and men an women afre equal. this very incident from the railways suggest that men and women are not given equal stuff
so i feel that men and women should be given equal things. y the hell shud they introduce LADIES SPECIAL .many are saying India is developing country and men an women afre equal. this very incident from the railways suggest that men and women are not given equal stuff
India surpassing the US economy
India can emerge as the world’s second largest economy in the year 2039, bigger than the US, if its GDP continues to grow at the rate of eight-nine per cent,( HOPING IT WUD HAPPEN EARLIER)
Former senior advisor and a Director at The World Bank, Harinder Kohli said Indias average per capita income would jump 22 times from $940 two years to $22,000 in 30 years from now, in that scenario.
But he underlined that it can become a reality if the current economic growth momentum is sustained in the next three decades. "It (India’s becoming the world’s second largest economy and related indicators) could happen if things go well. That if all goes well".
Kohli warned against India getting caught in the "middle income trap” similar to the experience of Mexico and Brazil. This trap was explained as one when countries start stagnating after reaching middle income levels and dont grow to advanced country levels.
Countries getting into such trap are unable to compete with low income, low wage economies in manufacturing exports and also unable to compete with advanced economies in high skill innovations.
At a Confederation of Indian Industry-organised session on "India 2039 An Affluent Society in One Generation" authored by him, here last evening, he said when countries reach middle income group, they need to do a lot of adjustments, required a very different governance, education system, human resource needs and competitiveness, among others.
At that stage, India needs to improve the quality of its workforce and address issues such as inequality in terms of per capita income between different States, and start working on those matters now itself as it takes a long-time to produce results.
In addition, he argued that sheer volume of energy required, is not going to be available to it, reliably. So, it has to tap hydro, nuclear and other renewable energy sources in a big way.
And also, India has to understand that it cannot do well economically, if its neighbourhood is not friendly. Failed states around it is not in Indias interest, Kohli, who is currently President and CEO of Centennial Group, said.
"It’s in India’s urgent self-interest to export prosperity to neighbourhood", added Kohli, who had served in the World Bank from 1977 to 1998. He also said that the Indian political leadership now realises that "we cannot be rich in poor neighbourhood".
In this regard, he pointed out that China is helping out Vietnam, Laos, Cambodia and Burma because their stability is in Beijing’s own interest.
Former senior advisor and a Director at The World Bank, Harinder Kohli said Indias average per capita income would jump 22 times from $940 two years to $22,000 in 30 years from now, in that scenario.
But he underlined that it can become a reality if the current economic growth momentum is sustained in the next three decades. "It (India’s becoming the world’s second largest economy and related indicators) could happen if things go well. That if all goes well".
Kohli warned against India getting caught in the "middle income trap” similar to the experience of Mexico and Brazil. This trap was explained as one when countries start stagnating after reaching middle income levels and dont grow to advanced country levels.
Countries getting into such trap are unable to compete with low income, low wage economies in manufacturing exports and also unable to compete with advanced economies in high skill innovations.
At a Confederation of Indian Industry-organised session on "India 2039 An Affluent Society in One Generation" authored by him, here last evening, he said when countries reach middle income group, they need to do a lot of adjustments, required a very different governance, education system, human resource needs and competitiveness, among others.
At that stage, India needs to improve the quality of its workforce and address issues such as inequality in terms of per capita income between different States, and start working on those matters now itself as it takes a long-time to produce results.
In addition, he argued that sheer volume of energy required, is not going to be available to it, reliably. So, it has to tap hydro, nuclear and other renewable energy sources in a big way.
And also, India has to understand that it cannot do well economically, if its neighbourhood is not friendly. Failed states around it is not in Indias interest, Kohli, who is currently President and CEO of Centennial Group, said.
"It’s in India’s urgent self-interest to export prosperity to neighbourhood", added Kohli, who had served in the World Bank from 1977 to 1998. He also said that the Indian political leadership now realises that "we cannot be rich in poor neighbourhood".
In this regard, he pointed out that China is helping out Vietnam, Laos, Cambodia and Burma because their stability is in Beijing’s own interest.
IPL
probably 2 more weeks left for this year's ipl. this ipl produced memorable incidents and also they announced 2 more new teams. many people hve criticised abt ipl. also there are some debatable topics.
who are benefitting in ipl? is it indian players or foreign players?
i personally feel that all are benefitting. apart from cricketers, it is people,the marketers( my god they are spending hell a lot of money)there. they are promoting their brand. also the cheerleaders get noticed of it.
coming to our discussion, both the foreign players and indian players are benefitting. remember shane watson of australia who returned from injury and played in the inaugural edition of ipl did superbly and he got a place in the national team.
also to give few more foreign players who got bebnefiited are
pollard( playing with the master blaster.the former a multi talented guy who is at the young age captured millions of cricket fans heart. so as duminy)
also to include a few are kemar roach,murali vijay(god,he is having immense talent) ans so on .the list goes like anything
who are benefitting in ipl? is it indian players or foreign players?
i personally feel that all are benefitting. apart from cricketers, it is people,the marketers( my god they are spending hell a lot of money)there. they are promoting their brand. also the cheerleaders get noticed of it.
coming to our discussion, both the foreign players and indian players are benefitting. remember shane watson of australia who returned from injury and played in the inaugural edition of ipl did superbly and he got a place in the national team.
also to give few more foreign players who got bebnefiited are
pollard( playing with the master blaster.the former a multi talented guy who is at the young age captured millions of cricket fans heart. so as duminy)
also to include a few are kemar roach,murali vijay(god,he is having immense talent) ans so on .the list goes like anything
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