A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, a faculty member at Alliance School of Business, Alliance University, Bangalore. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
P5 to G7 and now G-20 .. (TOI..) The centre of gravity of world political and economic influence shifting from the West to Asia ..
Pittsburg in US is hosting a major meeting of major countries that will help the world recover from the credit crisis precipitated by irresponsible countries and their greedy polcies ..
The members of the G20 are the finance ministers and central bank governors of 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S. In addition, the European Union is represented by the rotating council presidency and the European Central Bank
Shorn of the platitudes, the sentiment underlying the makeover is anything but charitable: it's basically rich and aging nations, which have lived beyond their means for decades and fear a decline, seeking a bailout from (demographically) young economies that are thriving in a free, competitive world.
The G7 never in their dreams thought they would come to this sad state of affairs for their countries and its peoples.
Collectively, the G-20 economies account for 85 per cent of global gross national product, 80 per cent of world trade, and two-thirds of world population.
The Motham OOOttu people in Kerala are making headline news these days. The company which has questionably acquired largenumbers of commercial property throughout by clutching at the throat of many a poor defaulter mercilessly, in the garb of the Church and its top priests, is finding the going tough these days.
Thousands of crores of rupees of blood money, (the combined worth of the brothers who started their operations in chitti (ponzi schemes) and later graduated to blade money lending operations, confiscating property of defaulters by deceit and mercilessly, by paying off goondas, is about Rs 10,000 crores plus) is a major issue which the common man of Kerala meeds to sit up and seriously ponder. (No wonder that none of the better families in Kerala would ever dream of marrying off their girls or sons into these families for fear of the eternal curse of blood money running through the future generations).
It is there for everyone to see how the curse is running through the members of this family. Mentally retarded sons and daughters, sons getting killed on the road, getting killed by goondas because of the company they keep etc is making headline news. One should not forget the fact that the truth will finally chase you ..
Old timers vividly remember one of the stories of their times of how Velappan , a fake currency note operator, ran through the compounds of some of the families in central travancore in a police chase and threw away his ill gotten wealth, which entered wrong hands.
Because of the illegal funds the party has received from these operators, an impartial enquiry by the authorities is never possible. Only a CBI enquiry will expose the true facts and stop companies like the above from fleecing the common man in the garb of NBFCs, corporates etc.. The police is just a pawn here, the real people behind this are still untraceable and needs to be fixed before the rot sets deep in Kerala society damaging its economy.
/_*Schedule of Project Management, Second term, PGDM , batch 14, June –
*Objective* : To give the students the foundation knowledge of managing projects on the three pillars of cost, time and expectations, by exposing them to case studies, quantitaive problemmatic situations and talks from expert project managers from the field.
* Topics* :
Basics of Project Management, overview
Organisation Structure and Culture, appropriate structure from functional, projectised and matrix.
Project scope, defining, establishing priorities, work breakdown structure
Integrating WBS with the organisation and Information systems
Estimating Project times and costs. Macro versus micro estimation, details and tools.
Developing a project plan, A-O-N and A-O-A networks, CPM / PERT, lags, laddering.
Risk management, identification, assessment, response and control. Risk assessment through PERT.
\Scheduling Resources – time constrained and resource constrained problems
Reducing project duration – constructing a project cost-duration graph
Managing Project teams, Leadership, factors affecting team performance, managing virtual teams, pitfalls
Project audit and closure, audit, closure and evaluations.
/PS : Project managers from Industry will be taking two to three sessions on practical project management issues./
*Schedule of evaluation* :
Mid-term exam 30 % End-term exam 40 % Assignments 10 % Class test 10 % Attendance and 10 % class participation
The Americans who were polluting the world like never before (in all sense of the word..), oblivious of the rest 5.65 billion people out there, got a shock of their lives. America was changed for ever ..!! Unless it changed, it was doomed for ever !!
And change it did ! Today it is more tolerable, has less of money in households to pollute, is moving with a begging bowl to other countries asking for help to lift them out of the rotten mess their leader have put them in.
It is said, US with no internal savings and on a spending binge, needs on an average $ 2 billion a day to survive and it depends on countries like China, Japan and the Gulf states to provide them this sustenance allowance by buying US govt securities. If these countries choke this oxygen supply, wonder what will happen !!
September 15 also marks one year of the fall of Lehman Brothers .. The day America was changed for ever !
When Obama was asked recently as with which international personality, living or dead, he would like to have dinner with, pat came Obama's reply. With Gandhiji !!
I am sure this incident has rattled the minds of some people of the world. This incident brings back some stunning revelations !! The world needs to sit back and think, has there been a personality in the past hundred years who has had more profound influence on the world and the struggle for liberty of the blacks and coloured people of the world, than Gandhiji, who through his actions, dogged determination and pursuit of non-violence and truth had earned for the world eternal liberty from fear and racial dominance. I doubt anybody else can claim that spot.. No wonder Einsten remarked : "Generations to come, it may be, will scarce believe that such one as this ever in flesh and blood walked upon this earth"
That frail, half naked fakir, has changed the world for ever. He has given Obama the right to rule US by inspiring Martin Luther King to fight for the liberty of the blacks of US. He has inspired Nelson Mandela to suffer long prison terms, all in the name of freedom for his country men from the tyranny of the white rule and Indians to grow and prosper in peace ....
Let us not forget this great and noble personality whose 140th birth anniversary is falling on the 2 nd of October.
How the Indian public with the tool of the powerful ballot can see through the actions of our selfish, immature politicians, punishes and throws them into the dustbin of history mercilessly...!! The Indian public cannot be swayed by the majoritarian agenda or cultural nationalism ..
The famed Paul Muthootu murder in Alleppey, Kerala is getting murkier day by day.
Asianet TV through a sting operation recorded from the goldsmith who made the S shaped knife. as per news reports, the police CI later placed this knife under the pillow of Kari Satheesh in his house. Kari is being framed by the police as having committed the murder. Kari's mother was on TV denying all the charges and accusing the police of planting the knife under the cushion of her son ..
The involvement of the police, Government and the Muthootu family in trying to hush up the case as an accidental murder and not a planned one is getting exposed with each passing day by the brilliant revelations made public by the media. The fact that the DGP of Alleppey on the second day itself called a press conference to brief the media and the public of the police intentions to hush up the case, when he should not have influenced in any way the progress of the case, is a false step. The Kerala High Court had criticised the Police Dept for committing this anomaly. Will any heads roll in the police dept ?
How can we trust the Kerala Police anymore ?? Why is the police and the govt not interested in bring the murderers of Paul George to face justice ? Have they been bribed by some industrial houses or politicians to hush up the issue ? Kerala will heave a sigh of relief if any of the so called big business sharks are liquidated ..
Whoever has used the goondas for their rapid and unjust growth in Kerala by catching at the throat of the poor man, is now facing reprisals from the same goondas ?
With the police also hand in gloves with the murderers, can we expect this case to see the light of the day in the near future ? Or will it be hushed up like the many other cases which the Kerala Police is so famous for ..
An ever vigilant media and opposition only can help the common man get to know the truth !!
IN 1996, in one of his most celebrated phrases, Bill Clinton declared that "the era of big government is over". He might have added that the era of big companies was over, too. The organisation that defined capitalism for much of the 20th century was then in retreat, attacked by corporate raiders, harassed by shareholders and outfoxed by entrepreneurs.
Great names such as Pan Am had disappeared. Others had survived only by dint of huge bloodletting: IBM sacked 122,000 people, a quarter of its workforce, between 1990 and 1995. Everyone agreed that the future lay with entrepreneurial start-ups such as Yahoo!—which in late 1998 had the same market capitalisation with 637 employees as Boeing with 230,000. The share of GDP produced by big industrial companies fell by half between 1974 and 1998, from 36% to 17%.
Today the balance of advantage may be shifting again. To a degree, the financial crisis is responsible. It has devastated the venture-capital market, the lifeblood of many young firms. Governments have been rescuing companies they consider too big to fail, such as Citigroup and General Motors. Recession is squeezing out smaller and less well-connected firms. But there are other reasons too, which are giving big companies a self-confidence they have not displayed for decades.
Big can be beautiful…
Of course, big companies never went away. There were still plenty of first-rate ones: Unilever and Toyota continued to innovate through thick and thin. And not all start-ups were models of success: Netscape and Enron promised to revolutionise their industries only to crash and burn. Nevertheless, the balance had shifted in favour of small organisations.
But deregulation had already begun to go out of fashion before the financial crisis. The Sarbanes-Oxley act, introduced after Enron collapsed in disgrace, increased the regulatory burden on companies of all sizes, but what could be borne by the big could cripple the small. Many of today's most dynamic industries are much more friendly to big companies than the IT industry. Research in biotechnology is costly and often does not bear fruit for years. Natural-resource companies, whose importance grows as competition for resources intensifies, need to be big—hence the mining industry's consolidation.The entrepreneurial boom was supercharged by two developments. Deregulation opened protected markets. Some national champions, such as AT&T, were broken up. Others saw their markets eaten up by swift-footed newcomers. The arrival of the personal computer in the 1970s and the internet in the 1990s created an army of successful start-ups. Steve Jobs and Steve Wozniak founded Apple Computer in 1976 in the Jobs family's garage. Microsoft and Dell Computer were both founded by teenagers (in 1975 and 1984 respectively). Larry Page and Sergey Brin started Google in Stanford dorm rooms.
Two further developments are shifting the balance of advantage in favour of size. One is a heightened awareness of the risks of subcontracting. Toy companies and pet-food firms alike have found that their brands can be tainted if their suppliers (notably, from China) turn out shoddy goods. Big industrial companies have learned that their production cycles can be disrupted if contractors are not up to the mark. Boeing, once a champion of outsourcing, has been forced to take over faltering suppliers.
A second is the emergence of companies that have discovered how to be entrepreneurial as well as big. These giants are getting better at minimising the costs of size (such as longer, more complex chains of managerial command) while exploiting its advantages (such as presence in several markets and access to a large talent pool). Cisco Systems is pioneering the use of its own video technology to improve communications between its employees (see article). IBM has carried out several company-wide brainstorming exercises, recently involving more than 150,000 people, that have encouraged it to put more emphasis, for example, on green computing. Disney has successfully ingested Pixar's creative magic.
You might suppose that the return of the mighty, now better equipped to crush the competition, is something to worry about. Not necessarily. Big is not always ugly just as small is not always beautiful. Most entrepreneurs dream of turning their start-ups into giants (or at least of selling them to giants for a fortune). There is a symbiosis between large and small. "Cloud computing" would not provide young firms with access to huge amounts of computer power if big companies had not created giant servers. Biotech start-ups would go bust were they not given work by giants with deep pockets.
The most successful economic ecosystems contain a variety of big and small companies: Silicon Valley boasts long-established names as well as an ever-changing array of start-ups. America's economy has been more dynamic than Europe's in recent decades not just because it is better at giving birth to companies but also because it is better at letting them grow. Only 5% of European Union companies born since 1980 have made it into the list of the 1,000 biggest in the EU by market capitalisation. In America, the figure is 22%.
…but size isn't really what matters
The return of the giants could well be a boon for the world economy—but only if business people and policymakers avoid certain pitfalls. Businesses should not make a fetish of size, particularly if this means diversifying into a lot of unrelated areas. The conglomerate model may be tempting when cash is hard to find. But the moment will not last. By and large, the most successful big firms focus on their core businesses.
Policymakers should both resist an instinctive suspicion of big companies (seearticle) and avoid the old error of embracing national champions. It is bad enough that governments have diverted resources into propping up failing companies such as General Motors. It would be even more regrettable if they were to return to picking winners. The best use of their energies is to remove the burdens and barriers which prevent entrepreneurs from starting businesses and turning small companies into big ones.
A proud son of Andhra Pradesh who was killed while his chopper crashed against a mountain while flying in the turbulent Nallamala forest area between Kurnool and Chittoor on 2 September 2009.. He was going on a surprise visit to chittoor as part of his admnistrative exercise for the state.
It was on September 1, 1939, German army opened fire in the Polish port of Gdansk. Ahead of her departure to Gdansk, to mark the 70 th anniversary of the start of WWII, Angela MerkEl, Chancellor of Germany told on German TV, "Germany attacked Poland, Germany started World War II. We caused unending suffering in the world. Sixty million dead ... was the result,".
In India, the left led by the 'lone' Marxists and the right led by the RSS and BJP, pursued by dogmatic ideologies pose the greatest threat to the nation, even in the midst of positive trends in growth and development figures released by the Govt.
The most important lesson of all this is, to be on ETERNAL VIGIL !! The most demanding price one has to pay for DEMOCRACY !!
The Internet, that all encompoassing communication, entretainment, informative medium is turning 40 tomorrow. It was on 2 nd Sept, 1969 that two computers at the Kelinrock lab in UCLA exchanged data through a ten feet long cable.
Later in 1972, Ray Tomlinson brings e-mail to exchange data between systems and users on these systems using the @ sign to signify the systems.
1973 Arpanet goes international with nodes in UK and Norway
Vint Cerf and Bob Kahn develop the TCP/IP in 1974 to communicate between computers connected to any network.
1983, Domain name system gets into place.
1990 Tim Berners Lee develops the World Wide Web, the integrate multi media and text on the internet
1993, Mark Andressen and his colleagues at UIUC ( University of Illinois) develop the first web browser, Mosaic
1994, the same group develop the first commercial browser, Netscape Navigator
1998, Google is formed in Stanford Uty Dorm.
1999 - Napster makes music file sharing popular and changes the world of music and Internet for ever !!
2005 Youtube, video file sharing is introduced
From 2000 wireless Internet access is introduced with suitable communication 811 protocols became popular..
2007 Aple's iphone, introduces millions to wireless internet access
So far the world internet users population has been doubling every four years ( app..) From 250 m in 1999, it went to 500 m in 2002, 1 billion in 2006 and is now 1.5 b in 2008.
India at 81 million Internet users ( 7.1% of population) is fourth in the numbers of Internet users trailing behind China with 298 m users(22.4%), US 227 million ( 74.7 %) and Japan 94 million (73.8 %)