Wednesday, October 06, 2004

Summer Placements

Removed on request

USA 2004

I was going through my stash of comics and I came across this.



The Presidential Elections in USA is towards the fag end. Who wins this election is a great concern for many Americans. For the rest of the world, the stake is not USA but the World, and mankind. It doesn't matter who wins. Both will continue to make a mess out of the world and screw up other countries to 'protect the interests of America, the most powerful and the greatest country in the world. God bless America.' Only the intensity and speed at which they go about it will be different.

Cowboy Bush will go full steam ahead in the middle-east as he did in Iraq. What can we expect next? Iran? Syria? Kerry might be a little slower but they are made of the same metal. Both will give Billions of Dollars in aid to Israel and Pakistan, aim towards total immunity from International Laws for Americans and their soldiers.

Which one will be better for India? We cannot say anything for sure. Bush pushes for free trade but his governors don't want that. Kerry wants to protect, and may do so, or maybe not.

Whatever happens, I just hope we are not left in a worse position than now.

Monday, October 04, 2004

Weasels

Wherever you go, there are some guys who wait for you to finish all the work and then get credit for it by claiming that they did it themselves without anybody's help. I talked about this guy, who fought with me over making a small presentation. Today, I got to see 'his part' of the assignment. Basically, it was the same. He had changed the template, removed a couple of my slides, added a couple of slides of his own, listing a few websites, and that was it. Nothing else was done. He had excluded the work of the third member as he claimed they were 'not up to the mark'.

In the class today, he came to me and said, 'you have done most of the work, so you can relax for the next assignment'. But to others, he was giving the impression that he had done all the work himself and how I fought with him to dodge my work. I am sure the next assignment would also be done by me and he would try to get all the credits. He also did not send me the completed file so that I could prepare for the presentation. When I asked him about that in the class, he acted surprised - 'oh, you want to present too?'

He is one of those guys who can talk for hours non-stop about nothing. He started the presentation and then tried to do all the talking himself. It was a presentation on ethics and the duties of companies towards customers and all the examples that I had given, he explained then wrong! I thought he could not steal everything for himself! and I presented a small portion of it. After a few slides, he told me in front of everybody that he would take it from there. Again, he explained the examples wrong.

During the Q&A session, a few questions were asked about the companies mentioned, and he said that he got those in 'some web site', and 'does not remember where'. Did I tell you he was a weasel?

Humour in class

Most of the classes in MBA are as plain as a grey suit. Then there are some serious classes where humour flows from the students, however unintentional. Consumer Behaviour (affectionately called 'con bee'). The professor is the strictest that is around and penalises a whole study group for the lapse of just one student in class. His classes have produced many gems from the students.

A few days back, the prof was discussing about BCG matrix. BCG matrix is a 2x2 matrix developed by the Boston Consulting Group to classify the projects or products in the portfolio of a company according to the market share and growth potential. The four categories are Cashcow, Stars, Dogs and Question-marks.

Cashcow is called so because it has a stable market, large market share and money is 'milked'. Stars are those projects which are growing and have a large market share. They are the cashcows of the future. Question marks are business units that have a small share in a high growth market.

When the student was asked why the 'Dog' was called so, he earnestly replied, "Sir, they are projects that cannot be 'milked' and also dogs cannot be 'milked', so they are called dogs" :)

The correct answer is, dogs are pets and those projects classified as dogs are pet projects of someone high ranking. This is the only reason why those projects are still in the company.

Same class, different session, there was this Harvard case about the Coca-Cola Coke fiasco. One student supposed to present it, started his presentation by declaring that 'even Harvard professors could not solve the case, and the onus has shifted to us'. Later during the presentation, he came upon the fact that the average age of the top management in Coca-Cola (in 1985) was 70. He said as a matter of fact that, most of the top management were dying, and as this 70 was the average age, there are much older people still in the top management.

Sunday, October 03, 2004

Foundation Day

This is the season when most of the schools, colleges and universities all over India celebrate their Annual Day, or as it is being called now, Foundation Day. What's wrong the old name anyway? Our's was today. Today was when the Institute was dedicated to the nation. Actually it was yesterday, on M. Gandhi's Birthday. But, to gain an extra holiday, it is on the 3rd. How clever is that?

I was sleeping in my room, with The Zombies, Strawberry Alarm Clock and Jefferson Airplane having a private Woodstock in my dreams. My friend banged on the door and reminded me about the 'speech' that was starting in a few minutes. Grumblingly, I got my arse off the bed and waddled towards the auditorium. I thought I could continue my sleep over there.

Every founding day we have one 'eminent' person from the industry or the government coming to our insti and giving a speech. This year it was Ms. Anu Aga from Thermax. Before she started, I thought, great! Yet another speech in praise of IIMs, IITs, and the Director. After she started, I realised my mistake. She was bang to the point and started her experience of turning around her company from a deep hole in the ground. Ofcourse, there was some tooting of her own horn, but it was not nauseating. She was succint and told about the history of the company, the difficulties involved and how she managed the problems. Never once did she use the standard speil, Oh! IIMs and IITs are the brain of India, blah blah.

The speech was worth the hour spent. Then we had tea and snacks, I came back to my room satisfied :)