Thursday, December 10, 2009

"IS THAT LUCK ONLY WHICH MATTERS IN LIFE"

I am in a confusion regarding good luck and hard and smart work. How this two are related and impact our lives. In our day to day lives we normally see that people who are really hard working get the results after a long wait and people who are clever and smart workers do often better in their lives. Does this mean that in modern world, it is only luck and looks that matter and not your actual capabilities. I really want to figure this out, please can anybody help??
Working hard is something which everybody cannot do and that is why the smart work comes in. in today's fast moving world one should be more of a smart worker than a hard worker. But does that mean that one should just stop working hard thinking that nothing is going to benefit. Are hard workers on such a back seat. Is working hard becoming useless?
No, is what i feel. Because what I have learnt from life is that the hard workers reap benefits but that might happen later. God tests their patience, may be. No issues at all. The person who deserves to be their on top will reach their one day only with hard work and not by flattery. Its talent and attitude at the end of the day which takes you to great heights.
Can I then conclude by saying that the topic of debate remains- "Do means justify ends" or the means you follow to reach the top don't matter at all.

Tuesday, December 8, 2009

"AERO MODELING WORKSHOP"

“KEEN TO LEARN HOW PLANES FLY….COME LEARN WITH US”

Yes, this was the tag line of a workshop which we conducted at our university campus titled –“welcome to the world of aero dynamics”. Conducting an event is not that easy, it is the blend of all activities which we learn in our management. We began with the planning of event which included the permission from authorities, deciding on the date and place and also the purpose and agenda of the workshop. Then comes the promotion of the event. It was very important to know the response of the students as we were mainly targeting the hostellers and the event was to take place on Sunday. We went to each class telling students what we are planning to do. We had posters and social networking sites helping us in promoting the event. Managing finance was the next challenge. Budgeting, handling and making payments for the materials ordered. Then we organized the sequence of events on the day of workshop. All were important things to manage the welcome speech, the chief guest’s speech, the air show and the practical learning. While organizing it was necessary to delegate some tasks as one or two persons cannot do everything- managing and maintaining discipline among 75 young enthusiasts who were keen to become aero modelers. And on the very last moment we found that web cam was not working. And oh my god! We had no time to arrange for the things. In fraction of seconds the chief guest was to arrive and we were not ready….?? Amazed… Let me tell you what we did, we called the IT people who helped us immediately and we were able to make things right. This was so unexpected but we learnt to fight contingencies. One workshop can teach so much and I am happy that I learnt this all.

DON’T LIMIT YOURSELF AND YOUR LEARNING. I took interest in the workshop just because I wanted to experience the phases one has to undergo. I am not from technical background neither I had any knowledge of the electronic components of a RC plane. But I learnt and now I am aware. LEARNING HAPPENS IN EVERY SECOND OF LIFE, TRY TO LEARN…..

Sunday, October 18, 2009

SANJAY GHODAWAT- A Success Story


Ghodawat Group deals in food, agriculture, energy and in many more areas and earns a revenue of about 1000 crore.

Sounds strange…Never heard of this group..??????? The struggle started in 1988 when Sanjay Ghodawat now 45 years travelled in a tempo; to sell a pan masala called Quality, shop-to-shop across Karnataka, Maharashtra and Goa. But in 1992, times started changing when he introduced his own Gutka brand- STAR and it did all the wonders for him. Today his Gutka brand is most favored in western India. The incredible thing about Ghodawat’s business empire is that its almost completely based and fully run from a small town KOLHAPUR.

Today only one-fifth of revenues are coming from Gutka and rest coming from a big basket of other products in which the group entered.

He is now referred to as VIJAY MALLYA of Maharashtra- he owns a chopper- Eurocopter and a range of more than 100 CARS which includes Rolls-Royce, Ferrari, Vintage Plymouth, a Bentley and the list goes on and is being extended. This group is a perfect example of small town-Big business running from Kolhapur.

The group currently has a muscle power of more than 5000 employees and is growing as per the diversification.

THE GREEN INITIATIVE-

The group currently owns and operates about 150 wind turbines which generate about 100 MW of electricity. The group plans to invest Rs. 400 crore in next five years, in energy.

MANAGER’S PERSPECTIVE-

As these businesses are run from small-towns, they sometimes fail to attract good talent. The main reason is that the professionals don’t want to move to small towns.

Wednesday, October 14, 2009

ETHICS AWAY FROM HOME- A MANAGERIAL INSIGHT

An easy way to look at corporate ethics when one is away from home in another nation is to Do in Rome as the Romans do?

But this kind of absolutist approach can lead to various problems. The answer lies somewhere in between. Different nations have different core values which define their ethics. What may feel lie bribery to an American, may be in keeping with Japan's longstanding tradition of gift giving-sometimes very costly ones. Many business practices neither exist in black nor in white but in a Gray Zone. One approach can also be, to do everywhere exactly as the managers do at home. But this again is clearly inadequate as every country has the right to establish its own rules regarding health and safety etc. To find any guiding principles is very difficult in this context. But if the managers try not to become either absolutists or relativists then answer lies here in the following three principles;

-Respect for core human values irrespective of the place you are in;

-Respect for local traditions;

-Follow the belief that context matters when deciding what is right and what is wrong

Sunday, October 11, 2009

WORLD WOULD BE HAPPIER

If wars can be ended,

If communalism can be stopped,

If bribery and corruption existed no where,

Then the world would be happier…

If every child gets parents,

If every person gets food,

If there are no beggars,

Then the world would be happier….

If every where there is greenery,

If every where there are trees,

If everybody is a believer,

Then the world would be happier…

If every country is prosperous,

If every nation stands united,

If all people are smarter and sharper,

Then the world would be happier…

ECO FRIENDLY PRODUCTS – AS A MARKETING WEAPON

Eco friendly or nature friendly products are those which are considered to inflict minimal harm on the environment. There are many eco – friendly goods and services marketed in India. Some famous products which are marketed as eco-friendly are Honda hybrid car, compact fluorescent lamps, VRV Ac’s, CNG, refrigerators, solar water heaters etc.

Green products are a rarity in India. People are still unaware of their advantages. It can be said that this is an UNEXPLORED MARKET….

Marketers can grab this opportunity for sustainable and profitable growth. Market for green products will evolve by proper provision of formal knowledge to the people. Consumer preference is the most critical factor to determine the growth of green products in India.

Economic incentives like offering subsidies would also help in creation of market for green products. These products should be promoted as products for mass consumption and not conspicuous consumption. In the end I would like to say “GO GREEN”.