Thursday, October 25, 2012

HR Guru

Connecting several thousand professionals across the globe, HR Guru aims to bring them together on a common platform and provide a forum for discussing persistent problems and finding solutions to their queries. HR Guru seeks to provide guidance to budding professionals in dealing with their daily work demands and providing a third party perspective to their situations and issues.

Job seekers can look for their dream jobs through the platform HR Guru provides and employers will find the right talent that they seek. The HR Guru page on Facebook also provides a medium for job hunters and employers alike, where the twain can meet and fulfill each other’s needs.

HR Guru, through its team of high calibre professionals and experts also provides valuable insights into the industry trends and recent researches, and keeps professionals abreast with the best practices in the corporate world.

Giving valuable inputs on people skills and providing the right guidance to professionals across the world, HR Guru is the voice of the people in the corporate world. Click here to Read full Interview...

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Monday, October 15, 2012

Sangeeth Varghese

Sangeeth Varghese, who was nominated for the Young Leader Award at the World Economic Forum was the guest keynote speaker at Bengaluru. Verghese is an expert from LSE and the founder of LeadCap Ventures. The event progressed, and a session on global market research turned into an engrossing storytelling session as Verghese quoted both from The New York Times’ Adam Bryant’s “passionate curiosity” and Frans Johansson’s classic The Medici Effect. He masterfully linked it with the need for HR practitioners to learn from other disciplines like sales.

Then came the sales expert Bob Urichuck who enlightened the audience across both cities. As HR is always expected to understand, appreciate, and even learn from other functions, it was an opportunity to learn a few insights and important tools of the “people” function. “It is not the price that closes the sale. You will make the sale when your prospect feels certain that he/she is getting the best value for his/her money. Over 60 per cent of the salespeople are not using this simple strategy to succeed,” said Bob.

The programme had discussions on the lines of behavioural approach. Some of the topics that covered in the discussion were: Only person who can motivate you is yourself; work for your dream, work for your dream; success is the progressive realisation of goals; etc. Click here to read more...

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Thursday, October 11, 2012

She Writes Story Contest winner: Santana Pathak

Santana Pathak is one of twelve winners of the MSN-Random House She Writes a Story Contest', as chosen by our judges. Her story 'Mirage' features in the 'She Writes: A collection of Short Stories' published by Random House India and available at all leading bookstores.


Santana Pathak is not a conventional female writer dogged by social norms and values. Growing up and studying ina North-eastern state and working in fields like academia and journalism in the pan-Indian layout, she has seen two different worlds dealing differently with common human values. This disparity has made her sensitive towards the complexities of life. It has also widened the horizon of her expectations and nothing surprises her. Her writings are born from thoughts that keep playing in her mind and feelings that touch her heart with each passing experience.


read an extract from santana pathak's story 'mirage'

Sitting on the edge of the small, concrete bridge, Monalisha was holding her lover's hand in silence. At such moments, she felt like humming an evening raga. A tinge of sadness descended on her mood instantly on realizing her ineptness in singing.

Monalisha cast a glance at Prashanta-his face was intent, as if in anticipation. So it was coming then, she smiled, and turned her head to see what he was looking at. A train had appeared in the distance as mysteriously as a vision, its movement slithery in the darkness, and yet alluring due to the square patches of light emanating from its windows. Like all evenings, today too her lover's face brightened at the sight of the approaching train, and both of them smiled at each other. Tightening the knot on their hands, they got up and started walking towards the small hill in front of them, with its languid chegun trees. It was one of the many hills that surrounded the lush green university campus where Prashanta and Monalisha studied.

Nestling on a green patch at the bottom of the hill, they observed the dance of the glowworms together. Their silence was occasionally pricked by a few men walking on the concrete street below, and a few stray lights from the passing cars that illuminated the otherwise deep, silvery dark.

She removed Prashanta's cap from his head, his perennial favourite, and ran her hand over his curly mop of hair. This always irked him and he jostled with her, trying to take the cap away from her hand. Their proximity was electric. Prashanta's breath was over her face, and the warmth melted her eyes.

She turned her face towards him and her lips met his, as his robust hands lifted her up against him, brushing aside the ivory skirt from her thighs. She hesitated for a moment, as always, but the warmth of his touch embraced her entire being. She gently slipped down his black shirt, revealing a bit of his sculpted shoulder. On his knees, hiding his face in her bare midriff, his sharp breath feathery warm on her flesh. Prashanta's rhythm was more moving than the music in her soul. Everything stood still, except the glowworms and his breath that kept rising like sea waves. She willingly surrendered her bosom to his meanderings, put her face on the cave of his shoulder, and mounted on a wave of joy, rising from the silence of the blue night to the ecstasy of the sea waves, and then to the silence again.

in her own words: santana pathak

Have you always been a writer? What made you start writing?
No. I have had a stint as a journalist, but that is very different from being a creative writer. Starting to write has something to do with all the shifting I have done in the past decade of my life, which have exposed me to lot of new experiences and people. The milieu also changes along with your uprooting of self. Faced with these, I have constantly been in a state of flux. Numerous incidents keep flooding my senses, and I keep groping in the dark looking to set meaning to them, or at least, trying to sort them out in my mind. Only recently I discovered that it is writing which gives me relief from this state.

What inspired you to enter She Writes?
Relentless insistence from "the man in my life." I believe he did sense my restlessness, and advocated the contest can be the catalyst to my experiences.

Why did you choose the category that you did?
Because all the men in my life remain my closest window to a world which I can experience only philosophically. It is intriguing and at times, baffling to know that despite the constant co-existence, so many things fall into perspective only when you look at that world through the eyes of that particular person.

Do you have a writing routine - e.g. do you have favourite places to write/favourite times of day/do you write longhand or on a computer?
I believe I am able to sort out my thoughts most effectively when I am taking a walk along a busy, throbbing street! I find myself repeatedly doing that. I have in fact written many initial drafts on a Blackberry sitting at roadside tea stalls.

Who is your favourite author?
Of course, it is impossible to list all. I had sought out my world through books since I was a child and have done a post-graduation in literature! But I seek company of a few all the time. Of Maxim Gorky and Chekov who turned me to a precocious child. Of Ernest Hemingway for making me understand how a simple line can be pregnant with resonances. And of late, of Haruki Murakami for his striking balance of the real with the illusory!

Which book has inspired you the most?
Lots of them. The lives captured in books inspire me the most. One such book would definitely be Steven Davis's Jim Morrison: Life, Death, Legend, through which I experienced the belligerent genius up, close and personal. I so wish I will garner the strength to burn the notebooks of my past and still have meaning enough to cling to, which Morrison so effortlessly did!

Which key piece of advice would you give to any other budding writer?
I cannot give an advice. But I would just like to share one experience. Writing can build a perspective into many things that leaves you unsettled in your existence, and when that happens, it is sheer bliss!

Wednesday, October 10, 2012

MTHR Organises Lectures on its 10th Anniversary Celebration

Continued... The events in Bengaluru (24th May) and Mumbai (27th May)
featured the renowned author and educational consultant, Tony Buzan, best known for his concept of ‘mind mapping’.

He shared some valuable insights into the workings of the human mind during the course of his lectures. He said that studies have shown that creativity of a human being is maximum (95+) when in standard KG, drops to 50 when in high school and plunges to 10 as an adult. He said that this is normal, and the natural course should be to make it rise back to its high school level.

Buzan also made some stark observations during his talks saying that the recession of 2008-09, where companies went bankrupt, was essentially due to bankruptcy of the mind. He also said that, whereas the age before year 1750 was Agrarian for 100 years, and the subsequent ones were Industrial, Information and Knowledge Ages, the one after 2007 and continuing is one of the Mind: the Intelligence Age. Read More

Monday, October 08, 2012

M & A The Perfect Corporate Crime

CEOs have ripped apart shareholders’ wealth globally under the guise of M&As; Indian firms more so! B&E’s Manish K. Pandey, Deepak R. Patra and Karan Mehrishi undertake the most radical analysis of the recent past and destroy age-old perceptions!

The pity is, Indians never learn! You’ll get the drift by the time you end the introduction. First, the dirt! The year 2000 was the eve of the glorious new century, and a boon for the Big-6 M&A consulting firms. And why not! For these global consulting proponents, an example like the year 2000 Vodafone-Mannesmann merger was god’s gift multiplied many times over. It was proclaimed to be the single largest deal in history. Sir Christopher Gent, then CEO, Vodafone paid a smashing $190 billion for Germany’s Mannesmann AG, making Vodafone the biggest operator in Europe. The combined entity was valued at $365 billion, making it the world’s fourth largest company overnight. What better a gift could the M&A brayers ask for? Wasn’t this M&A deal enough proof that M&As were/are the only dynamic and rapid solution forward to mammoth growth and that all those who had criticised M&As for the past so many years were nothing but dimwits?

If Gent’s strategy cup ran full of suicidal moves, Arun Sarin – who was on the Vodafone board since June 1999 (and was equally, if not more, to blame) and who took over from Gent in April 2000 – redefined the standard of how much shareholder value could ever be destroyed from a company. Eight years since the deal, the value of Vodafone in terms of market capitalisation stands at $161.4 billion (as on July 24, 2008), down by a sickening $203.6 billion, a fall of 53%! Arun Sarin ensured that in the last eight years since the merger, Vodafone has become the biggest loss making company ever in the history of mankind! The loss: $86 billion! Both Arun Sarin (who exited in June 2008) and Christopher Gent, apart from the other top management, retired multi-millionaires, a far cry from thousands of Vodafone pauper shareholders.

If that sounded absurd, Gary Foresee took on the infamy mantle with ease. Gary joined Sprint as CEO in the year 2003. Signing bonus amount: $6 odd million! Subsequent years’ pay: Between $1.5-6 million! Gary’s claim to (in)fame was ensuring Sprint’s spectacular merger with Nextel in 2004-05. He sold the deal on the fact that the combined telecom giant would have a subscriber base of 53.8 million in the US! What he sweetly left out was the disaster the deal could be. At the time of the deal, the Sprint Nextel common stock was trading at $26.9; it’s at a sickening $8.30 today! While many shareholders got wiped out Mr. Gary Foresee was kicked out at the end of 2007. His severance package? $40 million!

Charles Prince is an equal, if not better peer for these heroes. He, as the Chief Administrative Officer, engineered the utterly disastrous $140 billion merger of Citibank with Travelers Group ten years back. Then he ensured the company jumped into the mortgage black hole. Till date, Citigroup has been forced to write off almost $41 billion because of Prince’s royal exigencies! He was “eased out” in November 2007! Apart from his wholly owned $94 million vested stock holdings in Citi, he got $28 million further stock options, (not forgetting the $53 million during his last four years as Group CEO), plus a pension of $1.74 million; and this apart from a $10.4 million “bonus” that shareholders were made to pay him. [Citi has now recruited Vikram Pandit as the CEO, paying him a cannon ball destroying never before seen signing bonus of $241 million! Since he has arrived, Citi stock prices have tumbled by 25%!].

December 31, 2007, saw Richard Parsons resigning as the greatest CEO of Time-Warner. Greatest, because he joined the board in 1991 [became President in 1995] and oversaw the supernova of a merger between Time and AOL. The companies had a combined value of $247 billion during the deal. Today, the combined entity is worth a mind numbingly low $58 billion. Parsons earned on an average $10.64 million per year. By the way, he’s now the Chairman of the group!

With $37 billion involved, Dieter Zetsche, then on the Daimler Benz board, squeezed through the merger with Chrysler. In 2007, CEO Zetsche made Daimler Chrysler part ways with a deal worth only 21.5% ($7.4 billion) of the total acquisition value! Millionaire Patricia Russo, CEO Alcatel-Lucent, has a history of destroying shareholder wealth. At the time of the merger of Alcatel and Lucent, the entity had a share price of $15.4 (March 31, 2006). July 24, 2008, the price is $6.09 (62% fall). CEO Meg Whitman, who ensured eBay bought off Skype, also ensured eBay’s price fell from close to $40 (September 9, 2005), to $25 (July 24, 2008). Shareholders be damned; she donated $30 million of her personal wealth to Princeton in 2007 to start the Whitman College!

Read more......

Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
IIPM : The B-School with a Human Face

Saturday, October 06, 2012

Organ Anybody?

Gap Between Demand and Supply

A few years back, the Indian health sector was pummelled by a series of organ smuggling and theft scandals involving the who’s who of the industry. Tales galore came to the fore about doctors who were taking out properly functioning organs without the consent of patients during operations and pushing them onto the illegal organ trade market. Andhra Pradesh and Tamil Nadu are the biggest markets in terms of the illegal trade.

One reason for the illegal trade is the failure of the government in promoting legal organ donation. In two years, Tamil Nadu transplant hospitals utilised just 764 organs (Oct 2008 to Oct 2010). The figure is worse in Hyderabad, where in eight years, the figure is just 597 organs transplanted (June 2002 – Sep 2010). Even after over fifteen years of Transplantation of Human Organs Act 1994 being passed, only kidney donations are in practice. Cadaver donations are yet to see the light of day. At present, out of the 1,50,000 patients requiring kidney transplants, only 200 get kidneys by way of donations from the deceased.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
IIPM : The B-School with a Human Face

Friday, October 05, 2012

B-School Survey Panel Meet , 2010

August 12, 2010, saw Planman Media and Business & Economy magazine play host to eminent corporate personalities of India, in a Panel Meet discussion, for Business & Economy magazine’s highly coveted annual issue – India’s Best B-Schools Special Issue 2010. The most unique element about the B&E B-school ranking is that in this particular ranking, the B-schools are ranked by renowned industry leaders (please refer to ‘List of 20 Panel Members’ section for the names of panelists). Considering the importance of the meet, four distinguished industry leaders – Dr. Wilfried Aulbur (CEO, Mercedes-Benz India), Mr. Michael Boneham (MD, Ford Motor Co. India), Mr. Naresh Gupta (MD, Adobe India) and Mr. Brian Tempest (Former CEO, Ranbaxy and presently, Independent Director, Religare Hichens Harrison) – sent their comments and discussions through the audio/visual format. The round-table discussion revolved about the parameters on which B-schools are judged today, and means by which such ranking can be made more transparent and just. Professor Arindam Chaudhuri, Editor-In-Chief of Planman Media expressed his views on how “faculty and course contents” are the two most important elements to deliver overall knowledge in B-schools. He also stressed upon a need for a constant focus on personality development and communication skills. Mr. Girish Vaidya. Former Director, Infosys Leadership Institute spoke about why B-Schools should be ranked on the basis of “curriculum, global exposure and cultural stability, along with the extent to which entrepreneurial programs” are encouraged. Mr. Dhiraj Mathur, Exec. Director, PwC gave a strong argument on why “a strong orientation towards ethics” is important for a B-school. While K. M. Nanaiah, MD, Pitney Bowes India, also highlighted the need for a “globalised curriculum and industry interface”, Mr. Sumeet Nair, Chairperson of Fashion Foundation of India justified the need for “encouraging an entrepreneurial zeal” amongst the B-school students. The event was a huge success and all the participants concluded that much more needs to be done to arrive at the ideal B-school of tomorrow.


Source : IIPM Editorial, 2012.
For More IIPM Info, Visit below mentioned IIPM articles.
 
IIPM : The B-School with a Human Face