Tuesday 27 August 2013

My First Attempt: DIGITAL CV


Hey friends
Here comes the end of our course of Principles of Organisational Management with our exams just around the corner.
But before the end, Prof. Mandi made me do yet another 'first' thing of my life...My First Digital CV!!





Please look at the CV and provide me your feedback!
The real question is: Whether you'll hire me based on this Digital CV?  Think hard and then decide!
Do leave your comments!

Thanks!!

Sunday 18 August 2013

NAVRANG CUBE & ORGANISATIONS

Hello Friends,

I hope you are fine and eager to learn more POM concepts. Today I am going to introduce you to a unique and interesting object, A Navrang Cube. Those who are familiar with Hindi language would find it easy to understand that NAVRANG is formed by two words, 'Nav-' which means 'Nine' and '-Rang' which means 'color'. So, NAVRANG means 'Nine Colours'.

Coming to the significance, let me take you to the class where I was introduced with a NAVRANG cube. As always, Dr Prasad brought a new surprise for us, the cube looked like the one shown below.

But I wondered- What does THIS have to do with Management?



The class began with the prof. throwing dismantled pieces of this cube to students sitting around him. There were 27 Pieces in total. His question was if this particular cube can be formed again, with no color repeating on any side.

'Oh, That would be easy', was my first thought , and the entire class seemed to follow my ideology. Lots of hands rose to accomplish this simple task. Two were chosen and given enough time. But then, they were not able to complete it, in the given time and then gave up. 
The Next part was when Dr. Prasad handled the cube. He seemed to have a structured format and completed it in one third of the given time.

Then he explained that we required to have a structured approach to solve the cube and this is what needs to be done in organisations. One of my friend made a video in English language to demonstrate the same as well.


So what all did we learn from the experience?


Attempt by Student (First time)
Attempt by Professor
A Trial Attempt without preparation
A planned attempt with early preparation
Random Format
Structured Format
Confusions, Uncertain, stressed,
Calm, Simple and Clear flow of ideas
Unrealistic goals set based on excitement
Realistic goals based on experience
Not done even upto 10 Mins
Done within 4 Minutes

Other Principles of Management
  • Each Problem can be solved by systematic thinking
  • Each Block represents an entity (Labour, Machine etc) in an organization and is to be assembled in a structured and hierarchical way like the above process, so efficiency is maximum
  • Two blocks of the same color may represent people who don't gel well with each other. And hence while forming a team, a structured approach is necessary.

This is all for the time.
Keep reading and keep exploring!

And if you want one of such cube, inform me.

A Job Seeker Or A Job Creator !?!



    • An Entrepreneur, according to Oxford Dictionary is "A person who sets up a business or businesses, taking on financial risks in the hope of profit."

      And, Urbandictionary.com, a popular online website for informal definitions defines Entrepreneur as 

      "Knows a little of something but lots of everything. Loves starting things then delegating them to others. Hates bosses, rules, authority and taxes. Thinks Donald Trump should have a golden statue erected in his honor. Probably doesn't really know how to spell entrepreneur."


      Ask any entrepreneur and (s)he'll readily relate with the latter one rather than the one given by oxford dictionary. Being an entrepreneur is more than just being an owner of a business, it's being an innovator, a daredevil, a visionary, a gambler and what not! 

      Be it  the discouraging employment market or a generation with enough resources to vision and aspire, ours is an age of evolution of a new breed of homo sapiens.


      Okay, so should you get you step in or stay away from the  boots of an entrepreneur?
      Interesting question!
      This can't be judged by tossing up a coin in the air. No, just can't!
      Let's see how you should decide that... 



      Do you have what it takes to be a 'JOB Creator'?

      Entrepreneurs are very particular bunch. They usually don’t fit a common mould. When they look at the world around them, they don’t dwell on how things are. Rather, they focus on how they

    •  
    • can transform things into how they want them to be, as well as how they can make a profit in the process. Here are some of the characteristics of a successful entrepreneur.  Do you possess any of these traits?

      1. Self-Starter - Being an entrepreneur entails initiating something. Entrepreneurs see an opportunity to seize it, and start a business.

      1. Enjoys big challenges – Entrepreneurs like challenges. They like to push the limits and test themselves against the world. The trill of beating a challenge is just as rewarding as the profit that follows.

      1. Does Not Quit – Real entrepreneurs never give up. If they fail, they regard it as nothing more than a temporary setback. They go back to the drawing board, fix their plan and try again. Most successes only come after many failures.

      1. Desire to succeed – Starting a business is risky. Entrepreneurs cannot stand the idea of living an uneventful life. They need to be challenged and succeed. They have a genuine appetite for success.

      1. Creative – Entrepreneurs are usually very creative people. Creative here refers to the ability to see a business evolve where nothing existed beforehand. They can spot an opportunity and work to profit from their observation.

      1. Hard-Working – Entrepreneurs are always hard-working people. Running a business is not a walk in the park. Ultimately, they must put in the hours to get the job done and make sure that the business achieves its full potential.

      1. Flexible – Entrepreneurs wear many hats. If there is a problem, they simply can’t call up Bob form Legal or their VP of Marketing for a solution. They usually need to figure things out on their own and get all aspects of the business running single-handedly, at least in the beginning. A first-rate entrepreneur also know when it’s time to bring in additional managers to help with the business.

      1. Competitive – The world of business is the ultimate shark tank. In our capitalist society you are either the hunter or the prey. Thus, entrepreneurs like to compete with others. They relish the opportunity to measure wits with others and come out on top.

      1. Independent – A big driver to starting one’s own business is the desire to work for oneself. Entrepreneurs are notorious for this characteristic. They generally hate having a boss and having to report to someone else. They want to call the shots and make their own “destiny.”

No that you know what is an Entrepreneur and what makes a successful one, get off your butts and start making some noise and/or money. Life is short! Live it!
What do you think? Do you know what it is to be an Entrepreneur? Did I leave any important actions out? Please write a comment. I’d really like to know your take!

Thursday 1 August 2013

A meet with the Alum and 'Mastishk' Storming


This post is not about any routine lecture but that of a special session organised for us.Dressed up in formals, we all arrived at the classroom to listen to three of our Alumni. Our first interaction was with Mr. Nikhil Kulkarni, the think-tank behind India’s first online business gaming challenge  Mastishk , whic is now a popular event in B-School circles





I found Nikhil,presently working with KPMG in Banking and Financial Services domain, to be a very simple personality and a serious person initially by the looks. As he addressed us and the session went ahead, I witnessed that his ideas are so powerful that everybody in the room was left impressed and inspired to think out of the box.

I found Nikhil,presently working with KPMG in Banking and Financial Services domain, to be a very simple personality and a serious person initially by the looks. As he addressed us and the session went ahead, I witnessed that his ideas are so powerful that everybody in the room was left impressed and inspired to think out of the box.
I found Nikhil,presently working with KPMG in Banking and Financial Services domain, to be a very simple personality and a serious person initially by the looks. As he addressed us and the session went ahead, I witnessed that his ideas are so powerful that everybody in the room was left impressed and inspired to think out of the box.

He started the discussion asking us how many of us want to become entrepreneurs, many of us raised hands, then he tried drilling into their reasons for this choice and figured that except a few most of us had exactly zero idea what exactly it is to be an entrepreneur.
Most of the students look at entrepreneurship as an exit option from their mundane job lives. Most of us were confused between being independent with taking zero liability. He tried to give us a brief understanding of what exactly it is to be an entrepreneur, quoting some examples he inferred that we never noticed.

He pointed out that  we hardlt come to know about failed startup stories because their stories go unsung, and the very few which succeed catch the limelight, and reading their stories we envisage ourselves as future billionaires without peeping into the ground realities.
“A startup demands extreme patience and passion and if you are ready for both it is THE thing for you” said Nikhil, but if you are confused even to the extent of one percent  don’t go.
The feeling of a job creator comes with its own terms and conditions. Comparing doing a job and being an entrepreneur he identified that neither the efforts nor the responsibilities are less anywhere, in job you have an advantage of switching whenever you want, in startup you are your own boss doesn’t mean that you are not answerable to anyone, your stakeholders , your customers are all your liability.



 


While he was just to start telling his experiences about Mastishk, Hemant entered the class, classmate of Nikhil and co-founder of Mastishk. A vibrant personality; who lightened the discussion with his smiling face, both shared their experiences about the genesis of Mastishk, the problems faced by them running it and what they learnt from it. The discussion was very involving. 

I loved the part where Hemant told us how they used to look at themselves as C2C (CEO to Chapraasi) of the company and how they derived their satisfaction while fulfilling what they envisioned.
After the arrival of our third Alum the discussion turned more engrossing and we enjoyed a mind boggling and eye opening session.

At the end of the session, they answered many of our doubts and guided us with some TO-Dos. They concluded the session with a promise to be back soon to help and guide us with our issues what so ever they may be.
He pointed out that  we hardlt come to know about failed startup stories because their stories go unsung, and the very few which succeed catch the limelight, and reading their stories we envisage ourselves as future billionaires without peeping into the ground realities.
“A startup demands extreme patience and passion and if you are ready for both it is THE thing for you” said Nikhil, but if you are confused even to the extent of one percent  don’t go.
The feeling of a job creator comes with its own terms and conditions. Comparing doing a job and being an entrepreneur he identified that neither the efforts nor the responsibilities are less anywhere, in job you have an advantage of switching whenever you want, in startup you are your own boss doesn’t mean that you are not answerable to anyone, your stakeholders , your customers are all your liability.

While he was just to start telling his experiences about Mastishk, Hemant entered the class, classmate of Nikhil and co-founder of Mastishk. A vibrant personality; who lightened the discussion with his smiling face, both shared their experiences about the genesis of Mastishk, the problems faced by them running it and what they learnt from it. The discussion was very involving. 
I loved the part where Hemant told us how they used to look at themselves as C2C (CEO to Chapraasi) of the company and how they derived their satisfaction while fulfilling what they envisioned.
I loved the part where Hemant told us how they used to look at themselves as C2C (CEO to Chapraasi) of the company and how they derived their satisfaction while fulfilling what they envisioned.After the arrival of our third Alum the discussion turned more engrossing and we enjoyed a mind boggling and eye opening session.


At the end of the session, they answered many of our doubts and guided us with some To-Dos. They concluded the session with a promise to be back soon to help and guide us with our issues what so ever they may be.
Such talks in future would be very helpful for us to take the important career decisions ahead.

Looking forward to more such enlightening experiences.