Posts Tagged ‘Business’

Quotes on recession…haha

January 30, 2009 3 comments

Here are some quotes on recession and  really humorous ones….

1. The US has made a new weapon that destroys people but keeps the
building standing,. Its called the stock market – Jay Leno

2. Do you have any idea how cheap stocks are ?? Wall Street is now
being called Wal Mart Street – Jay Leno

3. The difference between a pigeon and a London investment banker. The
pigeon can still make a deposit on a BMW

4. What’s the difference between a guy who lost everything in Las
Vegas and an investment banker? A tie!

5. The problem with investment bank balance sheet is that on the left
side nothing’s right and on the right side nothing’s left.


Snacks for the day…

January 29, 2009 1 comment

Management, Romance, Global warming and Articles are some of the few topics which are relevant in our day to day life and without whom our life would come to a standstill. So don’t you think we should devote more time to understand these things and enjoy whenever any opportunity comes our way; well here it is. I’ve collected links of some the blogs where above mentioned topics are discussed and i hope you’ll enjoy reading the stuffs…

Management: an amazing story has been described in the link given below

Romance: a good collection of romantic quotes…

Global warming: solution is been provided in the link below

Articles: you should open this one to find

Techno park…the next leg of the Tata Jagritiyatra

January 19, 2009 1 comment

After Mumbai the next destination was scheduled to be Thiruvananthapuram in kerala (India). Our journey was by train and and it took more than 24 hrs to reach the destination. After reaching Thiruvananthapuram the next thing we remembered that 350 of us were sitting at the splendid open air auditorium of the techno park. Techno park is an IT park which spreads over an area of 300 acres and hosts over 150 IT and ITES companies employing more than 20000 professionals. The infrastructure of the technopark is of world class level keeping in mind the requirements of the MNCs.

Mr.Vijay Raghvan the Ex CEO of the Technopark and Mr. Hari Verma from the Toons animation were the guest of honour. Both of them shared their experiences they’ve had since the beginning of their careers. For them entrepreneurship was all about taking risks and one should never compromise in the amount of risks. Innovation drives every business and it should be properly implemented. Always look for oppurtunities even though it might be a risky affair. An entrepreneur should always be in his/her toes when it comes to implementing an idea.

Many times failure becomes our best pal and people don’t have a clue how to get rid of it. The reasons for failure could be exhaustion of all the resources, taking of debts even when you are not cent % sure. One should always ahave a reserve of 30-50% of capital while running a business.

Why not everyone is successful in the world? The answer lies in the thinking of the people and whoever thinks differently is a sure shot winner. Sometimes handling success is far fearful than handling failure as it involves maintaining success, beating all barriers and reminding onself of the obstacles one had overcame. One very interesting thing which Mr.Raghvan said that we should never compromise on the quality of our product even if it is priced higher than the other products available in the market. He strongly opposed against the bribery system which is common these days and stressed on discouraging corruption. Keeping ones committment was one of his prime agendas.

There are many individuals who wants to start their own business but aren’t much clear about how to start. Interaction is the answer and  is very important for every budding entrepreneur and he should collaborate with more and more people with matching frequiencies.

Categories: Business Tags: , , , , ,

The second leg of Tata Jagritiyatra…

January 18, 2009 Leave a comment

The second leg of the tata jagritiyatra was also in Mumbai (India) and was held in an auditorium. We were altogether 360 participants from diverse backgrounds and from different parts of the world. The session started with the traditional song of the Yatra (journey) called Yaroon Chalo (lets move guys) in which we danced. It was followed by a few speeches by the organizers and then came the international speaker of Dabbawala system, Mr.Manish Tripathi.

I’ve never heard anyone talked like Mr. Tripathi and the fire and intensity with which he narrated everything about the Dabbawala system and how their network operates was beyond explanation. Dabbawala is an ordianry person on the streets of Mumbai whose prime objective is to deliver food of the office goers to their offices from their homes. The people employed in the system are not much educated and some even don’t know how to read or write. It has been said that their work doesn’t demand much qualifications or in Mr. triapthi’s words Suitably educated. He said that the Dabbawala system is such that an overqualified person can do no good to the system instead is a burden on it.

The Dabbawala is into existence since the days of the British. Many British people came to the colony and were little reluctant to the local food and so a network was established where a person was entrusted to carry their lunch boxes from their home to their offices and back to their home. The system became popular and here it is now employing around 5000 people who are paid around Rs 4000 monthly. Around 200000 lunch boxes are moved everyday by these Dabbawalas with an acute accuracy. There are codes written on the dabbas (lunch boxes) pointing to the destinations as most of the Dabbawalas are illiterate so they cannot read any text . According to a recent survey, there is only one mistake in every 6,000,000 deliveries, statistically equivalent to a Six Sigma (99.9999) rating.

There are no vehicles involved in the whole system and the entire service is provided barefoot. One could say their operations are little low tech. Only recently they have started taking bookings through SMS in order to keep up with the times. The dedications of all the workers is mind boggling and this is undoubtedly the best managing system in the  world. Nowhere in the world would such passion towards their work could be seen. These Dabbawalas are so dedicated that even during the monsoons they never fails to deliver the lunch boxes to the respective clients. Such is their passion towards their work.

When Mr. Manish Tripathi ended his speech the whole auditorium was filled with the noise of clapping. He had shown us the right way to manage people around us and why every business doesn’t need an MBA.

You can learn more about Dabbawalas in the link given below:

Categories: Business Tags: , , , , ,

The first leg of Tata Jagritiyatra…

January 17, 2009 2 comments

Tata Jagritiyatra was the initiative taken by the Jagriti Sewa Sansthan which is an organization headquartered in Mumbai (India). The theme of the yatra (Journey) was to visit different places across India where common people are working differently for the upliftment of the society. The motto was to awaken the entrepreneurial spirit of the youths so as to enable them to generate employment and bring development. Tata was the main sponsor of the whole yatra. The journey started on 24th december 2008 and ended on 11th january 2009. There were many organizations that constituted the part of the journey. The first was the Shri Mahila Gram Udyog Lijjat Papad (SMGULP).

The first leg of Tata Jagritiyatra was in Mumbai (India) at the magnificent campus of IIT powai and was organized by the Ecell coordinators. A team of the SMGULP was asked to give a brief idea of their startup and the journey thereafter. SMGULP was a cooperative system controlled by women where women over the age of 18 could become members. Its foundation was laid a few decades ago and was the brain child of seven gujarati house wives. These ladies wanted to generate sustainable income for their family and the only thing they were good at was cooking. So they collaborated with each other and with an initial capital of Rs 80 started making Papads (Indian dish). In 2002 the annual turnover of SMGULP was Rs 3 billion and exports worth Rs 100 million.

Lijjat was the collective effort of the women and even now women are the owners. Men are only salaried employees and has no ownership rights in Lijjat. Lijjat believes in the philosophy of Sarvodaya and collective ownership. Lijjat is largely responsible for empowering women and had taken many initiatives to literate women and their families. All women are considered equal and are treated as the owner. The decisions are based on the consensus and any women has the right to veto the decision. The organization as of now is employing 42000 people in 62 divisions across India.

There are many organizations in the world but there is no one like Lijjat where women are given ownership and has a respectable position in the organization. Their entrepreneurial achievement is way beyond understanding and has reached the acme of success. If seven women could do wonders by thinking differently why not other women. The model of the Lijjat should be studied by everyone who aspire to become an entrepreneur.

To learn more about the organization visit the link below:

Microsoft and Yahoo in talks again…

November 30, 2008 Leave a comment

Microsoft Inc has put another offer in front of the Yahoo Inc to buy its U.S. internet company’s online search business for 20 billion dollars. Having rejected the first offer of Microsoft Inc, surely this time Yahoo Inc would think twice before taking any step further. 

To learn more go to the link below:

The man behind the success of Apple..

November 30, 2008 Leave a comment

Steve Jobs, who was the brain behind the “Apple”  knew how to sell his product. He was albeit not a technical person but he knew the basics of marketing and this made him the one of best marketer in the world. He founded apple computers with his friend Steve woznaik. The two together had laid the foundation of the world’s greatest company. 

Well it might seems to some of you that why am i writing about steve jobs as the world already knows about him. But the reason why i am writing about him is my curiosity to tell every reader again and again about him. He is a legendary person and the way he does business is inexplicable. He is the role model of so many people and only recently while i was studying more about him through his videos, my respect towards him increases manifold.

I would want all of you who wants to do great in life and aspire to be an entrepreneur, please learn about him and watch his videos so that you won’t miss even the minutest details of marketing.,28804,1733748_1733758_1736089,00.html