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Key Learnings from Breakout Nations

All Thanks to Ruchir Sharma for his splendid book : Breakout Nations. 1) The old rule of forecasting was to make as many forecasts as possible and publicize the ones you got right. The new rule is to forecast so far into the future that no one will know that you got it wrong. 2) Goodhart's Law (Coined by former Bank of England, adviser Charles Goodhart) : Once an economic indicator get too popular, it loses its predictive value. 3) It is said that it takes money to make money, but for nations to grow rapidly it is much easier to be poor - the poorer, the better. 4) Typically it is difficult for any nation to expand the manufacturing share of its labor force much beyond 20 % , and China is already at around 23%. 5) "Low context", in contrast describes societies like United States and Germany in which people are individual oriented, care about privacy and more likely to stick to timelines and their word. Both India and Brazil are "high-context" societie...

Development in a Trimester of rural management - 4

An IRMA Prof. Arunathan always ask a very profound question on poor and rural managers : “Why we are here and why they are there? ” There must a greater emphasis on individuality and questioning the status quo in very academic program. Continuing from the 3rd part of the Development series in RM , I will move towards the 4th part of the learning in the field of Rural Management. Here in 10 points what I learnt in last 3 months: 1 - RM student could barely handle the stress when the pile of assignments came to them. They devolve from sensible students to the frenzy morons looking for their grades. 2 - The exposure to the American just do-it culture can produce entrepreneurs rather than a MBA degree. MBA is only as mandatory prestige tag for sure success in industry. 3 - Everything that we do, revolves around the singular concept of landing up with a great job. And the fact is no matter what we do, we will end up with a decent enough job in a corporate environment. 4 - Marketing is...

Poetry of Protest - 3

When injustice becomes law, resistance becomes duty. - Thomas Jefferson Continuing from the series of Poetry of Protest Part 1 and Part 2 , we are looking more in the power of protest. Protest is a sign of repression to overlook voice of love, reason and critical criticism. Looking for the identity, dignity, autonomy and culture in current scenario across globe, the inertia of the tradition can only be resisted by individuals of great integrity and confidence. Out of disobedience one starts being an individual. We live in a arbit society where pregnancies, marriages and divorces of D-type celebrities became the national news but there comes a threshold where the public's right to be informed on the matters like naxalism and corruption takes back seats.With the loss of confidence, the capacity of outrage goes. We are living in the ages where even speaking against Sachin Tandulkar, Shivaji Maharaja and Dr. Ambedkar is considered sin leave aside deemed demigods. The one sided mov...

Attention Deficiency

Attention span refers to the amount of time we can focus on a task before we start to "zone out". Due to boom of the social media, the average attention span has dropped from 12 minutes to a staggeringly short 5 minutes. People’s attention spans are much shorter now as their interests have moved on to sports, technology and fashion. The attitude of our younger generation has changed so rapidly with the introduction of Twitter and Facebook. Even then social media can't be blamed entirely as knowledge accumulates to people who read Wikipedia on screen that to those who mush their brains with Twilight on paper. “According to UNESCO, the biggest single indicator of whether a child is going to thrive at school and in work is whether or not they read for pleasure.” Growing numbers of children are being turned off books by the end of primary school because of the influence of the internet and lack of reading in the home, according to research. I don't vouch for the Americ...

Ten Issues -24

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1- Smokers’ Corner: Real revolutions by Nadeem F. Paracha. 2- The Night Shastri Died And Other Stories by Kuldip Nayar. 3- Why Elites Fail by Christopher Hayes. 4- The real wealth of nations - The Economist 5- Children of the Taliban - PBS Frontline 6- The wedges between productivity and median compensation growth By Lawrence Mishel 7- 'A Perfect and Beautiful Machine': What Darwin's Theory of Evolution Reveals About Artificial Intelligence by Daniel C. Dennett. 8- Why so many communist philosophers? by Santiago Zabala 9- Destroying the commons by Noam Chomsky. 10 - Theories of Oppression and Another Dialogue of Cultures by Ashis Nandy Perspectives Jonathan Haidt: The moral roots of liberals and conservatives Psychologist Jonathan Haidt studies the five moral values that form the basis of our political choices, whether we're left, right or center. In this eye-opening talk, he pinpoints the moral values that liberals and conservatives tend...

A Cinephile

I love world cinema. I have habit of checking IMDB votes of good films. I am a person who love movies, conversations about films, and people who love films. That's who I am, A cinephile. Part I Cinema provides us a cosmetic version of nationhood. We, Indians can great affinity to our cinema. We pay homage to movies through the use of dialogues, style, body language and even songs in daily life. So much of their impact on us that we can either hate or love our films but definitely can't ignore them. Ramadhir Singh is more subtle and strategic way in Gangs Of Wasseypur : "Every fucker's got his own movie playing inside his head. Every fucker is trying to become the hero of his imaginary film. As long as there are fucking movies in this country people will continue to be fooled." There is always so many feel-good and masala potboiler films in our mainstream Hindi cinema. They serve a very important function of delivering entertainment in our society. But on...

BHU Kulgeet

मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी । यह तीन लोकों से न्यारी काशी । सुज्ञान धर्म और सत्यराशी ।। बसी है गंगा के रम्य तट पर, यह सर्वविद्या की राजधानी । मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी ।। नये नहीं हैं यह ईंट पत्थर । है विश्वकर्मा का कार्य सुन्दर ।। रचे हैं विद्या के भव्य मन्दिर, यह सर्वस्रष्टि की राजधानी । मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी ।। यहाँ की है यह पवित्र शिक्षा । कि सत्य पहले फिर आत्मरक्षा ।। बिके हरिश्चन्द्र थे यहीं पर, यह सत्यशिक्षा की राजधानी । मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी ।। यह वेद ईश्वर की सत्यवानी । बने जिन्हें पढ के ब्रह्यज्ञानी ।। थे व्यास जी ने रचे यहीं पर, यह ब्रह्यविद्या की राजधानी । मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी ।। यह मुक्तिपद को दिलाने वाले । सुधर्म पथ पर चलाने वाले ।। यहीं फले फूले बुद्ध शंकर, यह राजॠषियों की राजधानी । मधुर मनोहर अतीव सुन्दर, यह सर्वविद्या की राजधानी ।। सुरम्य धारायें वरुणा अस्सी । नहायें जिनमें कबीर तुलसी ।। भला हो कविता का क्यों न आकर, यह वाक...

Life of A Rural Manager

What is unofficial tagline of Brand Rural Management Programme at XIMB : “We Try Harder” A simple question is asked by an aspirant, “Why does anybody ever want XIMB-RM as first choice in admission ?” Yes, we all know that “XIMB-RM is only No. 2.” Yet the reply is simple: “ We try harder in nurturing our budding rural manager because we have to make a point. It's always the second ranker who works harder and learns a lot more in the process.” The origination of the answer is not to create a cute, gimmick, but instead it was – and is -- a business philosophy that every XIMB-RM students holds true. Each and every student of rural management knows that he must work harder and learn extensively than their counterparts. XIMB - RM focus on frank and truthful statements about our ranks and education philosophy. This institution is a Sangam (confluence) where we seek to find balance between mainstream business and development of people on margins. As I write this, I'm enj...

Ten Ted Talks

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1- Adam Savage: How simple ideas lead to scientific discoveries. 2- Larry Smith: Why you will fail to have a great career 3- Brené Brown: The power of vulnerability 4- Brené Brown: Listening to shame 5- Hans Rosling: Religions and babies 6- William Noel: Revealing the lost codex of Archimedes 7- Clay Shirky: Why SOPA is a bad idea 8- Bryan Stevenson: We need to talk about an injustice 9- Tony Robbins: Why we do what we do, and how we can do it better 10- Daniel Pink on the surprising science of motivation Quote of the Day : “As a teacher and a writer, I'm not interested in just producing books, and I'm not interested in just reproducing class after class of people who will get out, become successful, and take their obedient places in slots that society has prepared for them. What most of us must be involved in—whether we teach or write, make films, play music, act, whatever we do—has to not only make people feel good and inspired and at...

IITBHU : Such a long journey

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Vide Notification no. F.No.8-5/2008-TS.I (Vol.-IV) from Ministry of Human Resource Development, Govt. of India, the Institutes of Technology (Amendment) Act, 2012 (No.34 of 2012) has come into force on 29th day of June 2012 and consequently, the erstwhile Institute of Technology, BHU has become Indian Institute of Technology (Banaras Hindu University), Varanasi w.e.f. June 29, 2012. IT-BHU has always had the trait of becoming independent and autonomous. Now, that goal has been achieved. Speech given by Jawaharlal Nehru on 15th August 1947: ' Tryst with Destiny ' is coming back to my mind. In 2009, IT-BHU was slated for conversion into an Indian Institute of Technology (IIT) by amending the Institutes of Technology Act 1961 through The Institutes of Technology (Amendment) Act, 2011, which was passed by the Lok Sabha on 24 March 2011 and by the Rajya Sabha on April 30, 2012. The institute is now officially known as IIT-BHU. To once visit Varanasi is a very desirable fate, and o...