Way2Top

Got hold of this pic couple of weeks before….when I was searching my past archives. Big pat for correctly guessing the person….!

Friday -> Boat cruise + Dinner + Dance + Beer
Saturday -> Movie + Dinner
Sunday -> Dinner + General Masti in my balcony

Can’t get better than this! and I can’t get more spoilt than this Well, I am enjoying my days…

Am just managing to keep up with assignments..just! It has become a question of motivation! Another 2 more days of class…and then, I am officially MBA! Realization of once-a-dream…It will sink in soon….

“…Hyderabad, March 24: EDS, the $20.5-billion global technology services company, appears to have discovered a rich vein of managerial talent pool graduating from the Indian School of Business here, with Plano, a Texas-based firm, making 14 job offers to the Class of 2006.

“They’ll work with senior executives across EDS in identifying and capitalising on new growth opportunities in areas including applications development and business process and transformatio-nal outsourcing,” he said. “The candidates will be gr-oomed for leadership roles in the company, possibly in Latin America, Eastern Europe or elsewhere…”

EDS discovers a rich pool of talent at ISB

80 people, all Students and family members…
One cruise boat, entirely ours for 2-and-half hours…
Food on board…
DJ on board…
Free booze on board…
Dance floor on board…

Excellent experience…! Everyone enjoyed the evening fully…

Admissions department arranged this party for the volunteers who helped in evaluating and interviewing applicants. Kudos to them.

I was counting the number of True friends in ISB, who I can say that I know very well and can turn for help anytime. The count stopped at 8! There are numerous other good friends, friends and acquaintances. I have good relationships with many people, but the desired depth has not been established, mainly due to lack of sufficient interactions and spreading the effort with vast number of student body…

I perceive the 8 to be true friends. In 20 days time, the 8 will be dispersed throughout India spanning Bangalore, Chennai, Mumbai, Delhi and Hyderabad….There is a common link between all 9 of us…No one is from Dean’s list! Not that my association is bad

- People are going out for dinners, purchases, pubs, outings etc.,
- Efforts for yearbooks are in full swing.
- Parties in ISB are on hold until everyone is placed or until CAS process is closed (March 25th). I am hoping that everyone is placed by then so that parties can be celebrated without a zilch of hesitation.
- People are backing up their stuff in their newly bought external hard-drives or in CDs, depending upon their requirements.
- The DVD section looks empty all the time, as everyone is watching movies like maniac.
- Recreation centre is always full.
- Orientation activities for next batch are being planned. Yes, while we are preparing to leave, we are also preparing to welcome the next batch and to make the transition seamless.
- Video gaming and network gaming activities are on all-time high!

We have very good professors taking the courses for us in Term 8. Unfortunately, the students are in fun mode, with very few days remaining in ISB. The professors understand that and excuse us for not reading the articles But, I should mention about Mr. Phanish Puranam, who took the first 5 sessions of “Managing Strategic relationships”. He was phenomenal. Clarity of thought, Amazing fluency, probing the students on insights provided…Too good!

A picture taken by Exchange student Angus Moon. Amazing view! This one is much better and recent than Google Map’s.

In the centre is the Academic centre [Library, classrooms, dining hall, cafe, auditorium, academic office]. Surrounding the academic centre from top right (clockwise): Student Village 3, Recreation centre [with swimming pool], Student village 2, Executive housing & faculty housing, Student Village 1 [recently constructed]…You can also see the Microsoft Campus towards the north-west of Academic centre..

Every now and then, some music will catch my attention. Some attention are short-lived. But few songs move into my permanent ‘favourite list’. One song which moved into that list recently is Enya’s “Only Time”. I listened to this song when I watched the movie “Sweet November”. Was mesmerized by the song and picturization. Immediately searched and downloaded the song. I have been humming the song all along since then.

There is a soothing feeling. This is a healer music. As you listen to the music, you will get a feeling that time will calm down every problem and a sense of serenity will prevail in your face and mind. Quite a few of my friends knew this song before…Ignorant me…At least knew about this now.

Download this song here

I bumped into one good friend in ISB yesterday after a long time. Don’t remember how long…Should be more than 45 days…

He wasn’t looking normal. I could see a dejection in his face. I didn’t remember him seeing during placement season too…So I asked him…”Long time no see…How are you sir?”. He replied, “Doing good..how abt you?”. “I haven’t seen you for long time…things are fine at your end?”. He replied, “Yeah sort of..”. I asked, “You are alright?”…He replied..”Hmm…Actually my dad passed away..”. I was stunned and speechless for a moment. I just replied, “I am sorry…”

Honestly, he seemed to have just recovered. I did not want to press on that matter again. So left after moments after exchanging few words.

On one hand, many people are enjoying and having fun during the last term. This young man is bearing an unbearable sadness and deprivation. I sincerely pray for his father. May his soul rest in peace. On the similar lines, there are 25-30 people (as against 10 quoted earlier which apparently seemed to be a rumour) still jobless and searching gallantly for their fit. I am sincerely wishing good luck to them. These people will do exceedingly well after weathering such a storm. I regularly talk with 5-6 of these people and they have confessed about how difficult it is to see celebrations all around and cannot be part of the fun whole-heartedly. Still they carry themselves beautifully…I am proud to be associated with these guys…They teach me invaluable lessons…I am observing and learning from you guys…

This question has been troubling me for quite some time. “Is not voluntarily revealing the truth or not practicing absolute transparency same as telling a lie?. Does it have the same impact on the recipient of the messages as a lie has”.

Let’s take an example of organization. Every organization has so many drawbacks and lot of internal politics and turmoil. The employees of the organization have the first-hand information about such things. The outside world does not have any idea about such things. The organization creates an official ‘PR’ group or ‘corporate communications’ group to communicate the messages about organization to the outside world. Needless to say, the messages are carefully and selectively let out. Of course, the near and dears of the employees will have a much deeper insight about the happenings within the organization. This sort of ’selective communication of good things’ creates the so called ‘Information asymmetry’.

The governments are subject to the utmost scrutiny by the Media and Analysts. The more the scrutiny, the less the information asymmetry. The same level of scrutiny applies to some of the most famous organizations and institutions across the world.

Let me turn my attention towards the Universities and Institutions. There is really no ‘absolute transparency’ in any Universities/Institutions/B-schools. Every institution has the so-called ‘interface’, which is responsible for official communications. Take for example, the recent placement scenario in the B-schools. The news floating around like “86 lakhs International salary”, “34 lakhs international salary” is portraying only the bright side of the situation. No news comes out about the infamous ‘bottom-of-the-pyramid’. This information asymmetry inflates the hopes on millions of aspirants to pursue Business education. After all, only a handful can command such salaries.

But then, if you look from the B-school’s perspective, they are playing the game according the rules. The maturity level of the audience also comes into the picture. The readers if they read some negative news should be mature enough to gauge the unpleasantness and appreciate the reality. There is (mis)expectations from both sides. The day when everyone is mature enough to accept the news and every institute is nice enough to be truly transparent…this ‘information asymmetry’ will die down. Until then…it’s the ‘due diligence’ of the individual which will reduce the information asymmetry for him/her.

I am hoping that the growing popularity of blogs and anonymity provided by the blogs will help in reducing the ‘information asymmetry’. In the absence of anonymity, the individual will face pressure from the institution or the organization in writing about all the things…Sometimes even from his own peers. Because the ‘brand’ of the institute is under the hanging knife.

If there happens to be an individual who is completely dissatisfied with the institution, then no one can stop him/her from writing about this ‘disappointment’ anonymously. But then, some people might dismiss that by saying ‘biased opinion’!

On all probabilities, there will be 50+ blogs for the class of 2007. This is good for increasing the transparency…After all, not all 50 students will have the same opinion! So, gauge the transparency level of an institution by the number of blogs from the institution

PS: The information asymmetry can be witnessed anywhere and everywhere. Be it the case of buyer-seller, recruiter-interviewee (remember the resumes and PPTs!), Classifieds (matrimonials, rentals, for sales), media (some television channels and news papers are biased too!)…

http://govar.blogspot.com/2005/02/when-spade-is-never-spade.html. This post is more relevant to the topic…