Friday, December 26, 2008

Glass ceiling in Corporate World

While I am writing this, one of my school friends, Aarti reminded me of my incident in class 7th. When teacher asked me, what does my mother do? Instead of saying Housewife, I said, she does nothing. It was my ignorance and innocence and I didn’t mean what I said, but that line struck chords with my classmate. After 15 years she reminded on this incident that how she decided to be a working woman.

I saw this interview of Chanda kochhar http://en.wikipedia.org/wiki/Chanda_Kochhar (next CEO of ICICI Bank, India’s largest private sector bank) and Naina lal kidwai, Head of HSBC, India. This show on NDTV celebrates Chanda's achievements and explores answers to the question whether glass ceiling in corporate world still exists. It was very interesting with way Chanda responded that women employees should not expect favors from employers and do whatever it takes to complete the tasks assigned to them.
I have always seen that women are always dealt in special ways in teams and organizations. In Infosys, women constitute 40% of staff. This is a huge number and senior management is pushing hard to bring this number to 50%.
I am fortunate to have worked with exceptional, hardworking and diligent women employees. I have always been very appreciative of women employees when they don't seek special considerations and do the job with same passion as their male counterparts would do but I have also seen women employees coming with expectation that their team mates and seniors would assign them with lighter workloads and that it's their right to be considered unequal in terms of work load and responsibilities. Many a times, peers and immediate team leaders are responsible for encouraging this kind of behavior. They treat women employees in special ways and become lenient in terms of work assignments. I have even some times seen them doing women team member’s tasks.
I have seen managers tend to oppose having women employees, as they associate them as under performer in case of firefighting or heavy workloads. They fear that they won't have sufficient reason to ask them from staying late although they can dictate male employees easily. In some cases, they are not left with any choice but to accept women employees in their teams. But what should mangers do when every 2nd employee is a woman? How do they mitigate project management risks in case their schedules go haywire and they are left with no other option but to work extra in already frozen schedule?
It’s important for both managers and women team members to learn lessons from Chanda's rise to highest position in ICICI Bank. Woman employees should live an active professional career. They should not lead a passive or supplementary earner in the family. There will always be pressure in life to manage work and family but an active career would give them confidence to balance both worlds.
Managers should build the atmosphere in their teams so that each member in the team is equally driven towards team goals and any wrong expectation on the part of male or female employees should be appropriately handled.

Let me know your thoughts and experiences when you have come across such situations in your teams.

Wednesday, December 03, 2008

View and endorse at PetitionOnline.com

Please take a step ahead & join this initiative. Please view and endorse at PetitionOnline.com:
http://www.PetitionOnline.com/26novAct/petition.html


On 7th December 2008, this petition will be attempted to be presented to the Prime Minister of India. Till 7th december, endeavour is to collect at least 1 million signatures. Probably such mass need may stir the administration to take visible and needful action.


Please sign and forward to as many people known to you as possible.

Thursday, November 27, 2008

India's 9/11-Mumbai Terror Attacks

Watching news coming from home on this Thanksgiving has made me sad and angry. There has been unprecedented coverage of Mumbai attacks in Western Media. Never in history have news channels CNN, NBC; FOX covered any terror attack in India in such details as they are covering since last 24 hours. CNN's partner CNN IBN and NBC's partner NDTV have been source of excellent media coverage to the western world. Most of the TV journos are on vacation here in US but the tragedy of this magnitude has made them engaged and busy over this holiday.
Because of foreign hostages, Western media and Government are very much interested in knowing developments happening in India minute by minute.
These attacks have put Mumbai's name in mouth of common American who otherwise doesn’t care to know anything other than what's happening here in US. It's a great learning for western media of what India and Mumbai are. Their lack of knowledge was widely apparent in shows such as Larry King live and American Morning on CNN.

Attacks after attacks from Jaipur to Bangalore to Mumbai have become norm and India is becoming one of unsafe places in the world. You go from Virar to Churchgate in morning for work but your family is never sure that you would return back Virar at night. There have been more than 7 attacks in India this year alone but not a single attack in US since 9/11 which happened seven years back. America has unique geographical advantage of being surrounded by Atlantic and Pacific oceans on both sides and no base of islam in whole of North America (Canada, US, Mexico) but that fortune is not shared by countries such as India.


These attacks were well planned and have achieved 100% success in causing damage to India's reputation and inspiring terrorist organizations from Albania to Afghanistan.
In all these attacks, ideological fanatics from Islamic world are involved. Time and again everyone has said that not all Muslims are extremists but incidents like this give bad name to 1.5 billion Muslims around the world. As Spiritual leader, Deepak Chopra rightly said, moderate Muslims have to do more than just condemning these attacks.


Indian Intelligence and Central and state governments are equally responsible for failure to get any clue on all the attacks including this one. They haven't busted a single attack till date. Because of appeasement politics, no party has shown guts to crack down on this Islamic fundamentalism. Various Islamic extremist organizations including SIMI continue to operate in India.
India is extremely complex and diverse society. It is difficult but not impossible to detain and destroy networks of these ill minded people. So what should be done now? Should we let this rescue operation over and forget these attacks as we have forgotten all other attacks? The answer is No. This time media should take this agenda of terrorism comprehensively and create a public opinion on terror. They should focus their stories on financing of these organizations. They should put pressure on Indian government to create strict Anti terrorism laws and form a Terror Intelligence body of constitutional structure.
Share your comments on what more can be done to bust these terror organizations?

Disclaimer: I have used Muslim and Islam words many a times in this post but I am in no way against any religion or faith including Islam.

Saturday, November 01, 2008

Meeting with Ashwin Madia

I have been following US presidential elections keenly for last 12 months. The D Day (Nov 4) is just 3 
days away; Radio and TV are full of all sorts of Ads.

It was surprising to know that elections in US for all the public offices happen on a same day unlike in 
India, where elections happen almost every day for numerous public offices from Gram Panchayat to Central 
Parliament. This practice of regular elections is time consuming and resource intensive. It keeps politicians and  
bureaucrats busy all the time in contesting and conducting elections. Development takes a back seat 
and vote bank politics keeps all the executive and legislative constituents occupied with elections.

Former President APJ Abdul Kalam made a great suggestion for amending the Constitution and making 
all the elections happen on same day. This would be huge boost for progressive and stable 
governments. I am not sure why Indian media and intellectuals don't push for this idea.

What makes me write today was a surprise meeting with Ashwin Madia. He is a Democratic candidate 
running for 3rd district in US Congress. He is another story of successes that American Indians had in 
US. Indians went gaga after Bobby Jindal won elections for Governor of Katrina State of Louisiana.

It looks like it is Ashwin Madia's turn this time. With anti Bush sentiments giving strong lead to Obama, 
Ashwin Madia is not far behind. Ashwin is young, highly educated and aa experienced Marines officer. However, His 
opponent, Erik Paulsen is strong and experienced leader, which makes this fight tough for Madia.

Last week, my colleagues and I went to Culvers for lunch. While we were busy with lunch and usual office talks,
a man comes from behind and stood infront of our table.He said, "I am Ashwin Madia". I am 
following him since he started his first Ad but never expected that I would meet him in person. 
See his Ad:



As a natural Indian response, I stood up and greeted him while my colleagues were still sitting. I was 
surprised and answered, Ya I have seen you on TV. My colleagues could not even recognize him. He 
asked, Do you have any questions?, and I said, No, which ended our conversation. We shook hands 
and he moved to other tables to meet other hungry voters.

I can never imagine that a politician comes and you don't stand to greet him in India. It was a 
complete culture shock for me to see the response from my colleagues and lack of any such 
expectation from Madia. Politicians don’t have a special status in US unlike in India where our 
jansevaks and netas (public servants and politicians) consider themselves above the people.

This election is all about change; Can we ever have a change in India?


Monday, September 08, 2008

Finally Infosys goes for it

Finally, Infosys wants to acquire a company. After several years of refusing to acquire a company, Infosys has come out with a proposal to acquire Axon Plc, an UK based Consultancy Company.
        During last several years, Infosys denied the need of acquisition on the grounds of strong organic growth, lack of suitable companies that can be acquired etc but things seems to have changed now. With growing need to diversify business mix, reduce dependency on US market and better deploy 6000 crore rupees of cash pile up(on which Infy was earning 6% post tax return) and slow organic growth, Infosys seems to be thinking correct that time has come to grow inorganically.
        I remember asking question to Kris Gopalakrishanan, CEO Infosys, in one of townhall meetings regarding poor utilization of cash reserves and acquisition needs.  He wasn’t expecting such a question which shareholders typically ask in Annual general meetings and he did comment that this question is an AGM question. He answered in his conservative style that we don’t have to grow inorganically when we can achieve the same growth in organic way.
        By now internet is full of analysis on how good or bad the Infosys game plan is. People have reservations on this deal. They are worried about actual benefits out of this costliest transaction ever done by Indian IT Company. Some stock analysts have even downgraded infy stock on basis of likely downfall in Earnings per share in coming quarters.
        I think Infy management is one of the cautious, risk averse management among all Indian IT companies. I feel they would have taken several months to arrive at this conclusion. Infosys is famous for playing safe and I believe they must have exercised acute diligence in arriving at this decision. However, I feel there are several questions which could be raised against logic of the deal. Let me try to capture some of them over here:

Cash is precious:

When markets are slowing down, cash can be precious. When ypu have 100,000 employees and you promise to give them salary for one year without doing any business, 100% cash deal looks illogical. Why couldn’t have Infosys tried to raise debt on its balance sheet and partially fund the acquisition?

Expensive deal

Axon has generated profits of 37.4 million USD on sales of 378.3 million USD. So, Infy is spending 700+ million dollars to add just 37 million dollars to its bottom line. Doesn’t the deal look pricey? I guess this decision reflects the desperateness that Infy and other companies are showing to grow in Europe.

Other Markets

Japan is second largest market after US and Indian companies including Infosys derive very small fraction of their revenues from Japanese market. It would have been bold decision to acquire a Japanese company to penetrate in an impregnable market.

        We have witnessed many acquisitions happening in Indian markets. EDS bought Mphasis. Cap Gemini bought Kanbay. When market conditions are tough, it becomes conducive to make acquisitions in Indian market. There are too many Indian vendors small and big struggling to grow. I believe time has come for consolidation in Indian markets and Infosys could have tried to look inwards rather than outwards.

Margins

Infosys has always talked about preserving margins and maintaining them (27%) at highest level in the industry. How could you justify acquiring company which has margins of just 9.9%?

        These were some of questions which can make anybody skeptic about rationale of the deal. Let’s hope the deal goes through and Infosys achieves its goals of achieving lion’s share of big business transformational deals out of this acquisition.

Monday, June 09, 2008

Oily Conversation

These days, almost everyone discusses Gas prices, energy problem, and alternative sources of energy everyday. After some time, people will begin the talk with gas prices than with weather. Recently, Prasad, Sunil and I exchanged conversations on oil subsidies. An article in Economic Times became background of these conversations.
Here flows our discussion:
Prasad: interesting article. Oil is subsidized, but we seem to have the highest cost for petrol..... Wonder why? ;D
Sunil: assume you mean India by "we" and not Karnataka. The Govt. of India imposes a Central Excise Duty on refined petrol and diesel (apart from the import duty on crude oil) of the order of ~6%. Apart from this, each state imposes its own State Excise Duty and State Sales Tax. I believe these also run into high single digit percentages. Retailed oil still does not come under VAT for taxation purposes, which is the reason most states impose high duties. That effectively negates the subsidies I guess.
Myself: If new innovations for alternate energy don't happen then this issue is going to cause a global turmoil. Adding to Sunil’s point, one more reason behind Petrol being costliest in India is cross subsidization of diesel and kerosene with Petrol. Diesel runs tractors and tube wells in farms, so it has to be cheaper than Petrol. Kerosene is poor man's fuel, so it has to cheaper than Petrol and Diesel. And whole nation faces the consequences of this mad policy. People adulterate petrol with kerosene since kerosene is cheaper than petrol and India is probably the only country where every car manufacturer tries to launch a diesel version of car as soon as he enters in the market.
Sunil: I would disagree with "mad policy". Cross-subsidization is effectively the only way to provide a cheap source of power to farmers and the BPL population. Even after taking this into account, the petrol prices in India are not the highest in the world especially given that we are not a "net" oil producing nation. If I remember right, until a few years ago the oil prices were entirely controlled by the government and they had built up an "oil pool deficit account" of the order of many thousand cores (which was finally liquidated by former petroleum minister Ram Naik). The nation has done better without that additional burden. Adulteration of petrol is not so rampant nowadays. Most new vehicles will bust their catalytic converters if the gasoline is spurious. Auto drivers adding kerosene to petrol is an entirely different matter. Coming to manufacturers rolling out diesel flavors of vehicles, this again has to do with the price differential between petrol and diesel and is specific to India (and maybe some other emerging countries). Diesel vehicles obviously have lower maintenance costs in terms of fuel over a period of time. I'll put my environment-conscious-guy cap and say that diesel engines are also much more efficient than petrol engines.Again, if I remember correctly retailed petrol in India has a 5% ethanol blend. Countries like Brazil have already moved to a 25% ethanol blend. India is still struggling to get the Bureau of Indian Standards' (BIS) to accept the 10% ethanol blend standard (this was a while ago, not sure what the situation is now). I'll sign off a-la NDTV - "It remains to be seen if there is enough political will to implement cleaner fuel promoting policies"
Prasad:btw, new age diesel engines generate more power for the same amt of fuel, more efficient and cleaner (see wikipedia -Diesel engines are more efficient than gasoline (petrol) engines of the same power, resulting in lower fuel consumption. A common margin is 40% more miles per gallon for an efficient turbo diesel.)... unfortunately, we would probably have older diesel mixes which combined with older engines generates SO2 & particulate emissions. Noise is the other issue which is being tacked too in the modern engines....Blends are still iffy... they have a much lower calorific value and tend to clog the engines since they are thicker. Moreover, with the current food crisis, there are schools of thought against redirecting food generating land to fuel generation. The only plus in my opinion is that it is regeneratable (though at a high cost per some of the current research)
Sunil: Fuel from blend - ethanol can also be generated from molasses, which is the way it is done in India. And sugar-cane doesn't figure on anyone's list of staple foods :) And then there's Jatropha and bio-diesel.....
Sunil: India’s Warped Economic Policy - by Sunita Narain She stole my words! ;)http://www.rediff.com/money/2008/jun/06guest.htm

Sunday, June 01, 2008

Champion of Spelling Bee

Sameer Mishra won 2008 Scripps National Spelling Bee championship on 30th May. It was another year in which lot of kids of Indian origin made into final rounds. Sidharth Chand, Samia Nawaz, Kavya shivshankar, Jahnavi Iyer and Sameer Mishra made into list of top 10. http://public.spellingbee.com/public/results/finishers They all love Math and Science. Most of them want to become doctors (that surprised me as none of them said they want to become engineer). For American Indian kids to make into finals has become a kind of trend since last few years. Their continued success is quite fascinating.
What makes these American Indian kids to do so well in this competition? Is it that they are following some kind of trend like Russian girls becoming tennis stars or is it about inborn talent which lot of American Indian kids share, that makes it possible for them to excel in this competition. It would be interesting to follow these kids’ career paths. I hope these kids do well in their lives and achieve their dreams.

Friday, May 23, 2008

Housing needs a Nano

I would like to begin by expressing my appreciation for all of you who visited my blog and shared comments on last post. It was startling and exciting to know so many diverse thoughts and opinions. Some agreed, some disagreed, but one thing evident was everyone’s zeal about development in India. I believe no one would disagree with me on this.
Last week an article caught my eye. It was about affordable housing in India.
http://www.business-standard.com/common/news_article.php?tab=r&autono=323039&subLeft=1&leftnm=1

Omaxe, a real state player is planning to spend 20 bn dollars on constructing 1 million low cost houses. This move should be applauded and placed in same category of low cost innovation same as No frills hotels(Ginger, Tata’s venture), No frills airlines(Kingfisher, SpiceJet, GoAir) and low cost car(Tata Nano).
Housing sector has long been ignored and underserved. An 2BHK apartment in India’s Big cities like Mumbai and Bangalore is dream for millions of people. Hardly any one in India’s big cities can think of house with front and backyard like we see here in US.
There are various reasons to this housing problem:
Lack of government support and priority for affordable housing: There is lot of financing agencies, various housing banks but reality is none of them have revolutionized housing finance sector barring few such as ICICI bank and HDFC.
Lot of Black money involved in Land transactions: People with black(unaccounted) money have been parking their money in land and real estate for long time. Since it’s unaccounted, it gives an edge to these people in buying a property. Moreover, it drives the prices upwards and makes it even more difficult for people with limited white incomes to full fill their basic need.
Arcane Laws: Because Land is a state subject and not a union or federal subject, there is no common policy framework in whole country. Laws vary from one state to other. And for bankrupt state governments, land revenue is lucrative source of earning but they treat housing and land transactions like a butcher who kills Hen that hatches golden eggs. High property taxes, corrupt Land revenue department, low IT penetration, lack of transparency hinder growth of this sector.
Lack of corporate involvement: Companies have always structured their offerings for people with high disposable incomes,NRIs etc. There have not been large scale offerings of quality and affordable housing.
But looks like exciting times have come and things are changing. While taking cue from Omaxe, Tatas could consider venturing into this untapped, high potential market with a Ginger or Nano version of housing product. Mr Tata, Are you listening?

Saturday, May 03, 2008

More things change, more they remain same


It has been close to two months since I “put pen to paper”. Since I have just been to India, I think this is good time to share the observations that I made in this trip.
I went home after close to 1.5 yrs. Hence, I was anxious to go and see family and friends. I boarded from Minneapolis Airport for Chicago. Baggage check in and security check were smooth. These days, airport security staff and travelers have learnt to cooperate with each other and they are taking traveling travails in good spirit. The flight from Minneapolis boarded and arrived on time in Chicago. I had lot of time on my hand in Chicago and hence made use of time to see the airport, buy some gifts and read books and paper.
Chicago’s O’Hare International Airport is world class airport. I could see lot of shops selling promotional items for 2016 Olympic Games, planned to be organized in Chicago while in Delhi’s Indira Gandhi Intl Airport, there were hardly any signs of Commonwealth games which are just 2 years away. This clearly tells you why sports are non priority for India.
I bought and read Financial Times as I had never read this paper before. I was surprised with lot of articles on India and China in paper and felt as If I am reading some paper from subcontinent. I was also carrying a book, “Exporting America” by Lou Dobbs. Since I had seen Lou Dobbs tonight on CNN several times, and main theme of this book is on outsourcing, I was interested to read the book. I was not impressed by reasoning presented in book. It seemed to be chauvinistic and exaggerated writing with sole agenda of presenting facts in negative light. But, I was impressed with the fact that after outsourcing of Manufacturing and high paying service jobs, how the employees and future generations would be trained to something that is unthinkable currently.
My American Airlines flight to New Delhi boarded on time. I liked the cabin crew services, especially sumptuous Indian food. I felt American Airlines serves good food and has good in-flight services. I am making these comparisons with experiences that I had with NWA-KLM which I feel grossly under serves.
My India experience started as soon as I landed in GMR Delhi Intl Airport at 9pm in Night. Nobody needs to tell you that you have arrived in India. The appalling infrastructure (more so because of revamp being done at the airport) and sad faces you see at immigration present a disappointing picture. You can make world class Infrastructure but how will you change mindset of people in immigration, customs and security check? All the claims of world class airport will fall flat if we don’t make folks at airports customer friendly and service oriented.

You are ashamed at mistreatment and feel like not coming to your home country. Nevertheless, one has to come and so did I.
To be on Delhi roads with so much traffic, noise and pollution is an experience in itself. I now imagine why foreigners become scary of Indian conditions when they are not accustomed to these in their home countries. while going to my friend’s place, I zipped through Chankyapuri area where all embassies and consulates are located. It was reminiscent of days when I came to Delhi for getting Belgium Visa.
I was soon going to start early morning when I was supposed to catch a train to go home.
I reached New Delhi Railway station early morning. It was crowded as expected but signs of grand railway station were missing. As soon as I entered the station my luggage was searched by two police men. I felt happy that there are people who are keeping eyes on people in such crowded areas. But, Here is a problem, when hundreds going in and out of station are two ill-equipped policemen sufficient to carry out this job? Can’t we have some x-ray machines installed at entrances and exits of National capital’s railway station?
My train came on time. As soon as it stopped, all passengers lined up at the door not even allowing passengers to get down. This is another typical behavior that you will find on all railway stations in India. Despite knowing that train is going to stop for 20 mins still people don’t have patience to let the passengers disembark from train. Why Indians are so Impatient? Why can’t they display more civilized behavior?
I was using Railway e tickets for first time. TTE came, saw my tickets but never bothered to ask for my identity card. After a while, a retired tourist couple hailing from New Zealand boarded the train. They were heading for Rathambore to see tigers. We had good conversations. At least it helped me pass time. One thing that I heard from them was differential pricing of tickets in tourists attractions like Taj Mahal. Indian govt charges Rs 20 to Indian citizens and Rs 750 to Foreign tourists. This lopsided pricing of tickets is unjustified and leaves a bad taste among foreign nationals. I have never seen this kind of pricing in any tourists location here in US.
After some time, lunch that I ordered came. I was surprised that IRCTC has outsourced the pantry services to RKHS(RKHS also serves in Infosys canteens) . I found no difference in service or quality of food which left a dangling question in my mind that whether organizations consider “customers” in their quest for outsourcing services?
My train journey was about to end as Ratlam(You can find references about Ratlam in "India Unbound" by Gurcharan Das) station was about to come. I reached Ratlam in evening after 12 hours of train travel. I have nice memories of Ratlam as I have spent my childhood days here. Out of station, I saw same old buildings, congested roads and tempos guzzling pollutants in plenty.
Dad had come to take me to home. We started our 2.5 hours journey to my home on a bumpy ride. I felt sad with road full of pot holes and more so uncomfortable life that has been in India for centuries. I was feeling drowsy and tired after traveling for more than 40 hours. Finally, I reached home with a thought in mind that “More things change, more they remain same”. I once belonged to the place and now I don’t desire to be part of it.

Sunday, February 24, 2008

Better Know the restrictions

These days, USPS (United States Postal Service) is quite active as they are coming out with new products and services on regular basis to meet changing needs of customers. Recently they introduced Large Flat Rate Box for domestic and International Priority mail giving customers option other than Regular Flat Rate box. They also started Sunday delivery with Express mail. This is one of only its kind offering in Parcel industry as none of big three UPS, FedEx, DHL offer Sunday delivery.
USPS has been taking right steps after momentous Postal law signed by President Bush last year to fight with other carriers as they cannot sustain the business by just delivering letters to each and every zip code from Alaska to SanDeigo.
They have to compete aggressively with other carriers in profitable business of Parcels and their moves are in right direction.
I will transition to another topic which actually prompted me to write today. Few days back, I was surprised to read some of the restrictions that various countries place on Shipments coming inside their borders ( http://www.usps.com/mailpro/2008/janfeb/janfeb.pdf )

Here are some of seemingly absurd restrictions that I found.:
Australia: Goods bearing the name “Anzac.”
Costa Rica: Blank invoices.
Ireland: Hay, straw, including articles made of straw.
Latvia: Live animals except bees and leeches.
Russia: Color copiers.
Switzerland: Mini-spies (miniature wireless transmitters).
Tunisia: Playing cards.

Countries generally disallow arms, ammunitions, explosives and hazardous substances that are identified by United Nations. But what’s wrong with Anzac? And why is Hay is restricted by Ireland? Funnily, Latvia restricts live animals with exception of bees and leeches and Russia doesn’t want color printers to be sent to them. Perhaps, they are happy with monocolor printing.

Friday, February 15, 2008

Infosys Predictability

">

Last week I came across Infosys Ad on CNBC, with same themes which are on show in this video. We used to wonder why Infosys never comes out with Ads on TV as part of brand building exercise as had been the case with likes of Accenture. We used to get answers that we don’t need to spend money on such campaigns. Keeping this point aside this video is truly motivational, inpiring and nostalgic. The bonds and attachments that you create with fellow infoscions is truly understood when you are 8000 miles away from the heart of company, representing it and upholding the values every single day.

I believe among all other top IT companies, the one true differentiator is strong value system. Every single day, strong values are ingrained and embedded in you and in my opinion; this is the best asset that you build when you work for Infosys.

The story in video is about adventure of 7 guys who thought of playing gamble and risking their successful careers leading to a company that becomes brand identity of nation after 25 years. This achievement is truly remarkable. But, this is half the journey completed. If Infosys wants to survive another 25 years, then it would need immense imagination and strategy.

Saturday, January 26, 2008

Million Dollar Story

I just realised that it has been three months since I have scribbled.Some how I was stuck in other things and couldn't devote time to write.However,I was constantly reminded by some Friends of my full stop on writing...

I recently completed four years in the company.It has been fast ride with lots of ups and downs with varied experiences. On 4th anniversary, I mailed to my training mates in company who joined in the same batch.More than 60% mails bounced providing the proof of mass exodus, which has become norm for Indian IT companies.

This mass mail bouncing reminded me of comments by Subroto Bagchi,Founder of Mindtree Consulting, in one of his article in which he referred oldies in an organisation to be of two types dead trees or evergreen trees.I am not sure which category I fall into. A month back,I read an interview of senior employee in Pitney Bowes where in he made a point to jump organisations early in the career.

There are lot of counter arguments to these opinions but they give you enough food for thought.

I will switch topic and talk about http://milliondollarstory.blogspot.com/
which prompted me to scribble today. Ankur Shanker,DCE graduate is writing stories everyday on his blog and bringing readers on his site to earn money from Advertisements.He is doing this to fund his education at prestigious London School of Economics.


I was amazed to see his unique idea and media coverage that he has garnered.
He hopes to raise 100,000 USD but he is sceptic of meeting the target but hopeful of getting some monetary help in form of scholarships from corporates.
This story is yet another proof of love for education among young Indians and it also attracts our attention on huge demand and supply gap in Indian education system.

I recently got chance to visit one of the Government schools here in US.The infrastructure was mind boggling.We hardly have such good infrastructure in schools and colleges in India.On side of planet we have insatiable demand for education with poor supply and on the other side, we have such good schools struggling with drop out rates as high as 30 percent.

I hope Ankur can join LSE this July and dreams of millions of Indians for good education get realised one day...