There was a sizzling news item in Today’s Economic Times about ISB. Attached below is the press clip.

ISB grads rake in $200,000 packet

ISB spokesperson declined to confirm or deny the news saying: “We will be making a public announcement about the placements this year next week.”
—-

To my knowledge there is only partial truth to this news. May be I am ignorant! But the issue here is not about the news, it’s about the media’s intention about the news.

I wonder how “word-of-mouth” news about placements can be published just like that without proper verification. Media people are clearly after selling “hot” news without verifying if the news is authentic or not-authentic. The situation is same in all countries especially as far as B-schools are concerned. I can see this news in two ways…Either there are some people in ISB who are providing “insider” information or News reporters are trying to hype the situation and setting up the institute for failure! To be honest, I am fed up with these kind of “Highest salary 1 crore” (The figure which is apparently a result of B-schools converting the GBP/EUR figure into Dollars and then into Rupees, each at the highest possible exchange rate at any point of the year!!!)…Phew! There is much more about B-schools than just placements or salaries….

PS: Couple of weeks back, I mentioned that 25 odd people are jobless and searching for their fit. The situation has vastly improved with many of those people getting a job offer according to their requirements. One of my friend in that 25 group, now has 4 offers to choose from ! It’s just the question of time….Patience is the key!

Completed my final assignment in ISB. The classes are done. I have now officially met all the course requirements and have majored in Strategic Marketing and Information Technology. Now, I can proudly calll myself as “MBA” (or “equivalent to MBA” for the purists!). It would be tough to hold back my excitement when I get the certificate duly signed by the deans of Wharton, Kellogg, London Business school and ISB. Was this experience worth it? Have I transformed in a positive way? Have I acquired sufficient entrepreneurial and leadership qualities? Will I bring about positive impact to my professional life, personal life and society? Right now, my mind is numb…Sometimes, I have this empty feeling when I try to think what have I gained from this programme…The change has happened beneath the conscious layer of mind…So, the important changes might be latent for quite sometime, before it reaches the melting point and shows up….As always, Time will answer. But I can definitely say that I am a satisfied customer as of now. How much value I derive from the product depends on my usage preference. Unlike the electronic products which lose value exponentially, this one increases in value exponentially…It should and it would!

In 9 days time, I will get the complete ownership and title for my investment. The biggest investment that I have every made in my life…[16 lakhs + Opportunity cost]. I know it’s ’sunk costs’, ‘non-recoverable’ etc., I would see this as a strong foundation…just like the strength of foundation is determined by the depth to which the pillars are ’sunk’!

Now only the exit formalities remain. There are some ‘pending’ items in “TO-DO” list. Will try to get it done asap.

My attempt at ranking the blogs of my colleagues at ISB. A tribute to the fellowship

Consistency of Blogging, Content, Style, Informational value, Entertainment, number of visitors, bringing in new traffic etc., (not necessarily with same weightage)

My ranking: ISB Blogs [Batch of 2006]
========================

1. Vijay Mulbagal

2. R Ramkumar

3. Raghini Rarajam

4. Ankur Warikoo

5. Amit Sharma

6. Ford Perfect

7. Ramakrishnan A

Other blogs that I enjoy much, but couldn’t differentiate:
Chandrashekar Vattikutti
Anoop Vijayakumar
Vaibhav Fadnavis
Venkatesh Adavi
Vineeth Kumar
Alok Srivastava
Girish Krishnan
Karthik Ganesan
Karthik Ramachandran

There has been quite a few cribs that went around about the ‘information asymmetry’ or ‘informational advantage’ exploited by some of my colleagues in ISB.

First and foremost is the Academics. Thought I don’t want to name any particular person or any particular incident, I would like to make a point on the “Transition of notes” from previous batch students to current batch. The academic curriculum in ISB is more or less same every year (It’s the same case with every institute/university in the world). So, Possessing the notes/solutions from previous batch in fact provides the person with ‘unfair’ advantage. Though this definitely hampers the learning, this serve the purpose of getting good grades! (Yes, incentives for getting good grades is high for some career-aspirants). The onus is largely on the outgoing batch to maintain the decorum. When there is no supply, demand will be automatically curbed!…But given the fact that there are some close friends who enjoy the alum-student relationship, this cannot be completely curbed…In my opinion, incoming students who will be future business leaders, should keep out of this definitely….The pressure and stakes are so high that some students go to any extent for getting good grades. Though, we have a strict ‘Honour code committee’ in ISB [wherein the punishments/penalties are very severe], it has not completely eliminated the trend…Keep in mind though that such cases are very few…but have significant impact!

Second is about placements. The general opinion is that the ex-professional relationships help in placements. For example, if a person is coming from big FMCG company, and is aiming at big 5 consulting company, then chances are that there will be alums from FMCG company who hold key positions in consulting companies. This relationships or ‘bonding’ opens the back-door for few. I don’t quite agree that this is ‘unfair’. In this case, the personal relationship is helping the student to gain a foot-hold in to the destination company. Moreover the kind of ‘acquaintance’ or ‘past relationship’ helps only as far as getting to know the insider information. There is no way a person can pass through just by ‘knowing’. Now this ‘insider information’ is extremely important [Resume tips, interview tips, job-related-info, positive word-of-mouth etc.,]. This is where the ‘networking’ ability of students play a role! But from what I have seen, this kind of pro-active networking/contacts helps big time…

This kind of bonding is strong among IITians, some top FMCG Companies, etc., For many students, who don’t have either of the above background, that ‘bondage’ does not exist. ISB will provide them with such a ‘bondage’ which they can exploit later…!

Third is about ‘insider information’ within ISB. For example, there has been stories that some people enjoy preferential treatment from CAS [Career Services wing in ISB]. The information about the arrival of some key companies or job postings circulate among the select few much in advance, where as the majority of students will know the news only one-two weeks before the deadline! This ‘lead time’ helps in getting a head-start in preparation! Here, the personal rapport with relevant personal helps…again, it can be argued that it is the initiative of the students, which is paying off!…but I wouldn’t buy that argument, as the information asymmetry shouldn’t have existed in this case atleast…

The purpose is not to take a swipe against anyone. The purpose is to convey that such situations might occur and to be prepared to handle such ‘information asymmetries’. I hope people are smart enough to handle the situations….! As far as the outgoing batch is concerned, this is what we will be dealing day-in and day-out in real life! Life…please be kind on us

An attempt at my own 2 x 2 matrix creation …Don’t read too much…

The X-axis represents the amount of interest you have for any topic.
The Y-axis represents the amount of knowledge you have about any topic.

You might come across any topic/person/activities in your life. You might either know about the subject already or not. You might either have interest for the subject or not.

This framework suggests you 3 ways for knowing and generating interest about any subject. So you basically start at the “Don’t know Don’t care” quadrant. You have to reach “Do know Do care” quadrant. As you can see, there are 3 ways to reach the destination.

1. Generate interest about the subject and simultaneously learn about that! [Travel diagonally]
e.g., You are forced to do a project in your work with a particular technology. You don’t know the technology and you don’t have interest for that either. As you work your way through the project, you get to know about the technology, and as you know, your interest grows parallely!

2. Learn about the subject and then generate interest for that subject! [Traverse Y-axis first, then X-axis]
e.g., You are going to a restaurant..You see all alien menu items! You are hungry. So, you should order something and try it out. If you like it then you will generate an interest for it!

3. Generate interest for the subject and then learn about the subject! [Traverse X-axis first and then Y-axis]
e.g, First impressions, Love at first sight, Infatuation etc., If your further learning about the subject reveals more unpleasant ’secrets’, then you will ‘permanently’ go back to “Do know Don’t Care” quadrant!

So, everyday in your life, keep exploring subjects that you “don’t know and don’t care”…and then consciously make effort to deposit the subject under your “do know do care” quadrant! Only very few subjects make it to that quadrant…and stay in that quadrant…Whatever remains in that quadrant, nurture those!

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

MBA - stuff!

The following websites captures the essence of MBA. They neatly provide the summary of all key concepts.

www.quickmba.com
www.netmba.com
www.valuebasedmanagement.com
12 Manage [Thanks Vijay for the last 2 links…]

Supporting materials:
Damodaran Online
“Finance made easy!” - That would aptly fit the title. Prof. Damodaran has even put up all his lecture videos for others to learn!

Kotler - Marketing Textbook Complete - Online The bible of Marketing. I Haven’t read the book end-to-end yet!

Online Statistics Reference

Consulting Preparation: [Amazing resource for Consulting interviews]
Kellogg Consulting Club

Coming to the blogging world:
http://www.weblogsinc.com/ [A network of more than 90 top-notch blogs on subjects ranging from economy, electronics to automobile and cinema!. A very good starting point for top-notch blogs…]

The Indian Economy Blog [This one I like very much. It’s all about perspectives ]. Do remember to browse through the wonderful links on the side bar of this blog. Good Starting point…

Happy browsing…I am posting this for my personal reference too…

For the past 6 months, my blog has been a target of SPAMS. The Spammers target the old posts which are 4-6 months old and inundate them with words describing private portions of human body and some ugly acts. I mass-delete them every fortnight. But in the recent past, the intensity has increased and they are targetting posts which are just 1 months old!

In another 20 days time, I will neither be able to dedicate quality time for my blog nor get access to high-speed connection in home. So, keeping in mind about the long-term needs, I did two things. I installed “Spaminator”. This has done a good job in killing spams. But still 20% of the comments leak through. So, I enabled an option which says “Accept the comments from people who have one approved comment in the past”. So, you might have to go through the first-time moderation. I think this is an optimal approach. Please don’t hold this moderation against commenting…Comments form 50% of any blogs

- 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…

Looking back at the evolution (or revolution) of cricket, I am wondering if the following things are changing the nature of the game.

Positive mindset…
Ambitious players…Strong players…Strong hitting…
Changing rules like Powerplay…
smaller grounds and Shorter boundaries…
Better pitches…
Better bats…
Advent of 20/20 matches…

Need to think about these points as well:
Psychological impact on bowlers?
Cricket is commercialized? Lose of purity?

The records are broken everyday…Be it the lowest score or the highest score…In the end, spectrum is widening…That’s good for cricket…But care should be taken that it does not become an overdose…

After a long time, I had that overhang after watching a cricket match…you know the memories still fresh on mind the next morning, the next evening…and for few more days to follow…:)

This sort of game can life the spirit of entire nation…enhance the intensity of the fan-following for cricket in the winning nation… Just like the world cup victory for India, the world cup victory for Sri Lanka, the world cup victory for Pakistan, this win is right up there for South Africans….

Read somewhere that the request for a DVD of this game is flowing in from all parts of the world to the South African cricket board. They are promptly preparing one… Expect one in week’s time… The demand is originating from India and Australia…Biggest Ambassadors for Cricket!

On its part, ESPN will be repeat telecasting the match on 3 occasions over the next week! Make hay while sun shines Now the expectations for the South Africa-Australia Test matches have gone up many notches! Advertising revenue will go up by multiple millions

Hats off to both South Africa and Australia…

Since Holi falls on a working day, we decided to celebrate Holi in advance. It was absolute fun…Some pictures for you…

Spouses had great time too…

After some time, people became violent and started tearing T-shirts

Snacks for Free!

And me…

When I joined ISB, alums were saying…”Prepare for the roller coaster ride ahead..Prepare for the best year in your life”. I could not comprehend the true intensity of those words. I just thought the words formed an overstatement. But now I realize it…

The kinds of emotion that one goes through in ISB is complete. May be this can be said about every year of one’s life. But what makes this year special is the ‘total experience’. The isolated location of ISB atop hilly regions, kind of infrastructure, freedom from work, intellectually stimulated environment that also fostered some strong relationships, vagaries of emotions, living with some like-minded-people who have strong ambitions and convictions in life everything contributes to the wholesome experience…

Towards the end of the year, I just wish I learnt more about some people here. I thoroughly enjoyed my circle of companionship here…Truly awesome…If I just take away the mask of academic workload and look at ISB, the freedom that I enjoyed here stands out…Will miss that very much…

I have changed in some aspects definitely. I have a strong desire to enjoy life to the fullest extent…My first and foremost wish that is floating in front of my eyes is to lead a balanced life. No doubts I need to succeed at the professional front…But I also have to take care of personal front, pursue hobbies, explore the world, learn different cultures, languages, live true to myself and to help others…I have identified this as a goal…so, now definitely there should be a way to make it to happen…as mind cannot conceive what it cannot accomplish!

Well, I will stop my rantings there.

I have borrowed 10 books from the library and exhausted my limit for the first time. One of the things that I want to take forward from ISB is the habit to read, read and read wide variety of topics. This may be the right time to get it started…so started

I have to fill the CAS questionnaire based on my recruitment experience. I am also asked to prepare for a possible video recording session about my recruitment experience with the target firm. In fact, CAS is pursuing around 2-3 persons (from each firm) to do this activity. The resulting materials will stand as a repository for the subsequent batches.

The Yearbook preparations are in full swing. Since I do not have one from my undergraduation, I am looking forward for this Yearbook. Will treasure it. Please make it professional and fun-filled guys.

Holi celebrations are planned for next week. Looking forward to that. I have seen last year photographs, which depicts mirror pools of Student villages filled with coloured waters and everyone rolling over on the colourful pool! I hope something similar to that will be organized this time…

Away from all these things, I am surprised by the power of internet to link up totally different people. To be precise, I am talking about the power of blog. I have received emails like, “Bharani, I know one senior project manager in so and so firm…If you want I can arrange a meeting with him…”! Not to forget the loads of wish mails…and enquiry mails. I have replied to some…haven’t replied to some…Apologies to those who haven’t received replies from me…Will enforce myself to reply to all those pending emails. I have also made few friends over the net, who share similar values and philosophies in life.

I would like to link up many blogs. But my page design does not allow me to put up 100’s of links. I am looking for a good solution (long-term) which will solve the problem of endorsing and linking other blogs, without worrying about growing list or growing page size (preferably new idea other than putting up in side bar). I am planning to create a separate page just for links…But I am worried if that will dilute the gratitude that we show by putting up the links in first page? Any suggestions…?

PS: Dave has raised some concerns about Lack of ethnic diversity in Indian B-schools…I agree with him to some extent…It will take time to build international diversity. We do have ‘few’ foreign students coming here under exchange programmes..But apart from that international diveristy does not exist. Give us 5 years….may be there will be an improvement in this aspect

Almost everyone is placed in the batch (Less than 10 waiting for their matching placements). The Average salary, highest domestic salary, highest international salary, number of consulting jobs…all the records are broken and new benchmark has been set for the next batch! ISB will be publishing the placement details only on April 1st week. Please hold on till then…

Everyone seems to be relaxed in Term 8. Definitely I am! Have 3 classes each on Monday and Wednesday. Rest of the days are available for all other activities, including time to study. Have been watching movies for past few days. Went out for dinner. Sleeping a lot. I have decided to pamper myself as much as possible by eating/sleeping/playing lot. Need to regain the 8 kgs back. I was around 70 when I came to ISB…Now I am 62.5!! This is stark contrast with few people who have grown thicker by miles! Stress seems to have opposing effects on different people…

Planning to clean my room and pack things slowly. Need to purchase an external hard disk to store all photos, documents, mails etc., Looking for some good deals. Have to start the hunt for apartment/house in hyderabad…preferably near Hi-Tech city (Banjara hills/Jubilee Hills). Also, I am expecting a trip to office to meet the management team, sometime during next week….

My parents are already after me for marriage…I cannot keep them waiting for long. So in a way, my bachelorhood is also fast approaching an end…though I don’t know how soon!

Mr. US President was impressed by ISB’s infrastrucutre and Entrepreneurial focus exhibited by ISB.

The ISB website has comprehensively captured the entire visit.

The person sitting behind me commented, “Both Mullford (Ambassador) and Mr. US President had their mouth open when they entered the Atrium!”. Well, I didn’t notice it or I missed it apparently..

George Bush was his usual self when he walked in his quick style and with his hand wave to the audience. As soon as he sat down on his chair, he started speaking…Effective time management. He was convincing for most of the answers, though not all…Well, the entire feeling of Mr.President sitting and chatting with young entrepreneurs and students, and being within 50 metres of radius from President was surreal. The axis of world power was sitting at the axis of ISB (Atrium)…That’s what is called Centre of attraction!

I guess, Somebody should have mentioned to him about the 300 million middle class in India, because he was emphasizing on that fact and the potential associated with the fact on more than 2 occasions.

He has good sense of humour. One person started introducing himself by saying…”My name is X. I am doing so and so…I graduated from this college…I listened to your speech yesterday..I think it was spectacular…”…Mr. President snubbed smilingly…”Let’s leave it there…”

One lady introduced…”I graduated from Carnegie..”. Mr. President replied..”You should be smart…Because only smart people get admission there!!”..

Another person introduced himself…”My name is …I am into Textile and Media industry…”. There comes a reply from Mr. President, “Textile and Media…Interesting combination…You can dress well in movies!”

He answered questions on topics ranging from Outsourcing issues, Bilateral agreements for funding, Pace of globalization, Economic patriotism (Mittal case), Port clearance and issues, Textile & Media Industry, Telecom & Power, Renewable energy etc.,

His Suggestions for developing countries (like India) to become developed countries:
- Focus on Infrastructure development. Especially infrastructure that will expedite market movement and knowledge movement.
- Atleast 50% of population (especially under 25 years) should have basic skills (read, write, subtract!)
- Emphasis on Good Tax policy. Current tax policies encourage tax evasion. Moreover, the current tax policies are quite complicated. They need to be addressed.
- Focus on HIV / Trafficking issues(Prevention, tackling, distribution of drugs etc.,)
- More tools and opportunities should be made available for entrepreneurs.

Something for myself…I noticed that our side of audience seats were captured by Times of India..with a caption “ISB Students listen in rapt attention…”!

Myself, Gautam and Vineeth sitting next to each other

I read an article “Top 25 powerful women in Indian Business”. It was inspiring and encouraging to read the success stories of such women. From male chauvinistic society to women-empowerment-oriented society…India has come a long way…

The things that are happening at B-school are no exception. Corporates are spending efforts to enhance the women-men ratio. B-schools understand the phenomenon and are accordingly increasing the percentage of women in each graduating class.

The words of a HR personnel of a reputed firm sums up the situation…”Yes we do have quota for women. We are looking to recruit atleast one female from ISB…We have orders to maintain certain ratio of women-men in management”.

The benefits@work are also more skewed towards women. They have special IT exemptions, special flexi-timings, special holidays (well apart from maternity leaves!), special career path (fast track) etc., Sometimes, I think…”The benefits are more weighed towards women…unfair ”. From women asking for equal rights…soon the situation might turn towards men demanding for equal rights!

So, if you are a smart female, and are ambitious and career oriented, it makes all the more sense to join B-school and enter into the corporate world. They are waiting with their arms wide open…All you need to do is pick your line/career and work towards that…But the challenges on personal front such as parental pressure, marital challenges etc., still remain…Women who can balance both personal front and professional front do succeed exceedingly well.

The batch of 2006 in ISB has 19% females (which translates to around 70). The number and % are expected to go up in the class of 2007….There are scholarships exclusively for women (Like Anand group, Novartis etc.,). Even ISB has increased the merit-based scholarship amount and numbers (some reserved for women)…ISB is leading the way in empowering women…no doubts.

The visit of George bush is officially not yet confirmed, because it never gets officially confirmed! But as of now, he WILL BE visiting ISB on March 3rd.

The security is top-level. Sniffer dogs, Snipers, mine-sweepers, security gadgets, detailed plans, special passes and ID cards and the list goes on…

It will be great to see him and hear from him first-hand! ‘Once-in-a-lifetime experience’…that’s what DIG of Police has to say about this visit….But this visit is definitely good for ISB community.