Sunday, August 17, 2008

Induction speech by Mr. Nitin Paranjape at JBIMS

On Aug 8, 2008, we had Mr. Nitin Parajpe, CEO, HUL, at our campus for Induction of our batch of 2010. He motivated us through his speech which reflected his 21 years of experience in corporate world. Some of the extract from his speech:
“The topic for my today’s speech is ‘Success’; How to be successful. There are two qualities that are needed in a person to be successful; first is a certain level of intellect and second is the ability to work hard. These two qualities are necessary things to be successful but not sufficient. Emotional quotient is something that makes those qualities work. IQ is the hardware and EQ is the software. EQ is the ability to relate people and things, ability to understand and deal with people.
There are people who are successful academically but are not successful later in their life. But there are some who are ordinary in their academics but gain a lot of success in their life. These people have high EQ. Smart people crib when they see relatively less intelligent people succeeding. Problem with them is that they judge the world by their IQ and the world judges them by their EQ.
Remember 3 C’s of success. Courage, Conviction and Character. Conviction means believing in your values and abilities. Courage means having ability to get what you believe even you have a risk of failure. Conviction comes through knowledge. Courage is needed to challenge the system. Have you heard the name of T.N. Sheshan? He was the election commissioner of India. He had the courage to clean the system. Remember IAS officer Mr. Chandrashekhar? Thane is no more what it was before he came. They succeeded in their cause as they had no other personal agenda than a larger cause.
But sometimes we see many successful people fail. Enron failed because they had only one mission statement - Maximizing shareholders capital. They did not show integrity and they failed. The third ‘C’ comes here - The Character. Character of a person makes sure that the courage and conviction tread proper path. First 2 c’s are meaningless without the third C. What caused the greatest crisis of the decade - i.e. subprime crisis? It is the greed of financial organizations. The greed either for money or to move up in corporate ladder by showing outstanding performance.
You can’t have successful business in failing society. There is a difference in doing well and doing good. Doing well is meaningless unless you do good for society. The first 4 words on Merck website are ‘The people come first’. They say the medicine is for people and not for profit. When you follow this belief, profits are bound to come.
I want to tell you three things of leadership that you should not forget. Firstly, the foundation of success rests of belief system. If belief system is flawed future is flawed. Secondly, the idealism should not be replaced by pragmatism as it happens with most of the managers once they get used to the system. We as fresher are having combination of energy + enthusiasm + idealism. You can be pragmatic in other fields but don’t allow it in the space of beliefs. Thirdly, there is nothing like work – life balance. As work and life are not separate entities. Work is a part of life.
Once, a man having excellent career as a manager, on the death bed, was asked what he wished. He said, “I wish, I would have invested my time in relationships. I wish I would have seen my children grow up.” Invest in people, build relationships. They will enlighten your life.”
Though he said that we would forget his speech in future as he forgot everything happened in his own induction 23 years ago, we won’t forget the learning we got from the veteran of the management world.
Sagar Nikam
Aug 8, 2008

Thursday, August 7, 2008

Me at Mumbai

t has been just 10 days that my college has started. But I feel like I am here since 2 months. The schedule is so hectic that I can hardly able to take 3 hrs of sleep a day. The days are too tiring but I never felt they should have been less hectic. I started loving this life.

After the lectures and ppts and case studies the whole day when I take a ramble on Marine Drive with the music of sea waves in the back, the whole of the tiredness vanishes in minutes. This is the life I really aspired for.

Among the passions in my life there were two of them that I was fascinated with most. One was Mumbai. I felt attracted towards this city when I used to come here in my childhood. This city never sleeps (and now it does not let me sleep). I can see people running constantly, doing something or the other every moment. You feel guilty standing on a footpath doing nothing. The liveliness of this city instigates a kind of enthusiasm in you. Does not matter how much time you have slept last night, does not matter how many liters of sweat is soaked in your shirt, does not matter how much mental or physical work you have done the whole day, there always exists a quantum of energy within you before you go to sleep. This is my personal opinion that you work 50% more in Mumbai than that of any other city.

My second fascination was Sagar – the Sea. I can see him from the little balcony of my room. I can see the waves coming from a distant place barging on the stones 24 hrs, sending message to work constantly. When I stand on the embankment and face him I see his endless mightiness. I hear him whispering in my ears with the thousands of waves, “Stretch the limits, Expand the horizons”.

When I stand on the embankment and face the sea, I realize how big I am on one side of it and how small I am on the other. When I feel this gap too intensely I turn back and return to my room, to do something to fill up this gap….


Love & Attraction

Love is a two way process. When it is one way, it’s called Attraction

How can you love somebody provided she does not love you?

It is said that ‘True love does not expect anything in return’. Here replace ‘True love’ with ‘Attraction’.

You are attracted towards looks or voice or personality or any art skills of a person and start liking her.

When this liking intensifies you call it love when actually it’s an attraction.

Boys don’t fall in love with Kareena or Deepika. They are attracted towards them.

Many people argue with this reasoning by saying ‘We fell in love with each other in our very first meet. It was love at first sight’.

Actually it was attraction that instigated them to come closer. And then when they understood each other, they fell in love.

Here we can say that attraction can be first step towards the birth of love, but certainly both are different concepts.

The process happens like this:

Situation one:

A is attracted towards B. A starts giving signals of him being attracted towards her. If A gets response from B, that means B is also attracted towards A. Now both of them come closure. They start caring each other. They understand and respect each other. Then one day they fall in love. That moment both have feelings for each other.

Situation two:

A is attracted towards B. A starts giving signals of him being attracted towards her. But B is not interested. A becomes desperate for B, as he thinks its love. Depending on the patience A has, he sustains his so called love for some time. Then as he does not elicit any response or love or care in return, the feeling in him start eroding. After some time A totally forgets B, when he is attracted towards C.

So the phrase ‘Love at first sight’ is a false phrase. Love never happens at first sight. It takes time to create and also to get destroyed.


Petrol Price Hike

Petrol price rose by Rs 5 a litre. Its at Rs 56 in Mumbai and Maharashtra now.

There is a huge protest against this price hike all over the country.

Left and BJP taking over the UPA govt. News papers and news channels censuring this implementation.

Common man venting anger over govt. (in private though).

How many of them think 360 degrees about this issue?

How many of them know the data and the facts?

In 2004, crude oil price was at $32 a barrel in international market.

That time the petrol was at Rs 40 a litre.

Now the crude oil is selling at $128 a barrel. Exactly 4 times (i.e. 300% rise) that of 2004 price.

But the petrol has raised to Rs 50 a litre in india i.e. just a 25% hike.

How come the oil companies are supposed to sustain, forget even making profit in this tight control of price?

If they stop working due to stringent control on prices, who is going to deliver you the fuel for your vehicles?

(Remember Reliance has already seized working of its petrol pumps all over India).

One more issue needs to be discussed here.

Why the prices are rising?

Among others, growing demand by developing countries like India and China is one reason.

Govt of India has been trying to keep the prices at affordable level. So the republic of India doesn’t think twice before visiting petrol pumps.

Its does not think of the fuel crisis before kick starting its bike.

Now as the fuel price has gone up (even though with marginal amount), people would think before wasting the fuel.

The general elections are coming soon.

Govt knows that people are not enough mature to think of these points.

This hike can be a bolt in UPA’s plans to maintain its regime at Centre.

Govt may reduce the price by a rupee or two just before election to appease the voters.

As of now we should accept this reality maturely.


Why MBA?

It was 7 pm. I was sitting among 80 people at IMS. It was a session on GD, PI for cet.

After a briefing instructor asked us to ask him queries if any.

The first question came “what to answer if the panel asks us ‘why do you want to do MBA?’”

No one probably would have taken this question as a surprise except me.

Probably many of them were interested in getting the standard answer from the instructor.

But is it the instructor who is supposed answer the question?

Who wants to do the MBA?

If you even don’t know why you want to do MBA, then why on earth are you appearing for the exam?

Obviously, many of them want an MBA degree to get a high salary job.

And since it does not sound well as an answer, they want a more digestible one.

But is it valid to speak the words which someone else has told you?

Won’t he pretend to be what he is not?

The instructor told us to prepare our own ans.

He asked us to write down our abilities, what we think of ourselves.

To ask ourselves, do I possess the qualities to become a manager?

Have I ever demonstrated them?

How many of the people sitting in that room would have demonstrated their leadership qualities before?

Does everybody have these qualities within him/her?

And if he/she does not have them, then should he/she quit from perusing for MBA?

Did everybody really think over this that day?

When the session got over, I saw cofounded faces, running incessantly on the path which lacked the direction.


She

It’s the time when I was preparing for CAT second time. This time even more seriously than the previous one.

I used to wake up by 6, reach office by 7, after one hr gym and having breakfast, I used to sit in our Library for 1 hr to read Business magazines and books.

I used to take a corner bench so that no one would disturb me. I used to be the first person to enter the library (obviously after the librarian) to take my favorite seat.

One day I saw her sitting on my place. Immersed in a big book covered with a news paper binding. I sat on the same bench next to her.

As a usual habit I just had a look at her and started reading my book. After some time she went out (probably for water). Then due to the inherent curiosity I started reading from her book to know what she was reading. To my huge surprise it was a book on public administration. Never expected one in Infosys. Months and years rolled back.

When the results of SSC board exams were out and I was 17th in Merit list, news reporters asked me, what I wanted to be. IAS officer happened to be one of my answers. (Journalist, Engineer, Actor being the other ones). In my final year of engineering I joined one academy for preparation of UPSC exam. Later on I realized, how it is impossible to crack the exam in first attempt, how I can not prepare while working in a software company, how my career is on stake if I refused to join the company for the preparation, how the people are preparing days and nights for years considering this is an exam of preparation and not just the talent and how an IAS officer is just an implementer and not a policy maker. What I actually wanted to do in my life?

I wanted to do something different, different from others. Something creative, innovative. Where I had a right to change the direction, to give the shape.

Where I need not depend on somebody else for approvals, a kingdom however small it is, I wanted to be the king of it. I did not want to travel on trodden paths. I wanted to create my own path from nothing, which others would follow. I wanted to make my own mark, my own brand name. What should be my career options then?

IAS was certainly not the one I was searching for. I left the preparation. I did not even fill up the form.

Now I am sitting in a software company, as an employee, dreaming to leave the organization.

Here I can see a girl, being a part of the hectic life of a software engineer, devouring the dream I left for good.

Did I do wrong abandoning my dream? Did I took the risk factor too seriously? Should I have been preparing for the exam? Could I have been an IAS officer till date if I did not have left preparing?

As I know my mind very well, these were the short term questions which faded away after 5 minutes. I don’t ponder on past too much.

She came back. Me:

“Are you preparing for UPSE?”

“Yes”

“That’s really great. We can hardly find anyone in software industry aspiring to become an IAS officer”

(She just smiled)

“Actually I was also preparing for the same in my college days. Later on I left.”

“Oh.. so did you join any coaching institute?”

“Ya, chanakya mandal”

“Ya I heard about it. Actually I am not from this place. So I don’t know much about this city. Can you give me the contact details of it?”

“Sure. But don’t have it right now. I will send it to you through email.”

Then she gave me her email address. I found the detail on Google and sent it to her.

I don’t know why but I felt inspired after this event.

There are people who just vegetate but there are some who stick to their aims and keep the guts to follow them.

June 3, 2008


Watchman

Graph does not matter. Slope of the graph at this moment is something that does matter. While it is pleasing to see the graph growing at a rate greater than the average rate since its inception, it does not give any idea of the future trend. We can not extrapolate with the data of the past. The graph can change its direction any moment. I have kept a watchman in my skull to check the volatility of the graph.