Friday, December 18, 2009

CHOOSE YOUR WIFE

LIFE HAS TAKEN MANY LEAPS AND BOUNCES,
BUT THAT DIDNT HELP ME TO REDUCE SOME OUNCES.
THATS THE BEAUTY OF GIFTED LIFE,
ITS MORE SWEETER THAN YOUR NIEGHBOUR'S WIFE.
EVERY BACHELOR SEES OUT FOR A WIFE'
AND ALSO SEES THAT SHE IS A BLUNT KNIFE.
LET ME GUIDE YOU WITH EXPERIENCE I HAVE,
THE WIFE SHOULD NOT MAKE YOU CRAVE.
WIFE IS A GIRL WHO IS SEXY AND HOT,
ATLEAST YOU CAN BE A PART OF THE TALKING LOT.
SHE SHPULD BE A GIRL WITH LOTS OF MONEY,
AND SHOULD BE AS SWEET AS FRESH HONEY.
SHE SHOULD BE WORKING FOR LONG HOURS,
ALSO HER OFFICE SHOULD GIVE HER CARS,
LONG HOURS WILL HELP YOU TO FLIRT WITH OTHERS WIVES,
AND INCREASE YOUR EXPERIENCE AS EVERY HOUR DIES.
ALSO TAKE CARE BY LOOKING AT YOUR IN-LAWS,
TRY TO FIND VARIOUS TYPES OF FLAWS.
ON A SERIOUS NOTE, DONT OBEY ANYTHING MENTIONED UP,
JUST LOOK AT THE NATURE OF GIRL AND SIT IN THE MARRIAGE CUP.

BY:
DHAVAL MISTRY

Friday, December 11, 2009

HOW TO DEAL WITH FAILURE

Dean Shepherd, a professor of entrepreneurship at the Kelley School of Business at Indiana University, knows a few things about failure. Shepherd became interested in the subject as a doctoral student, when his father lost his longtime business. “He clammed up, denied that the business had gone and never spoke about his emotions,” Shepherd said during our recent conversation. His father’s reaction led to Shepherd’s eventual book From Lemons to Lemonade: Squeeze Every Last Drop of Success Out of Your Mistakes. Here is some of his advice.


The right and wrong ways to deal with failure

Needless to say, Shepherd’s father did not react to his failure in a healthy way. “If you don’t talk, you keep emotions down, but after awhile you have a severe reaction,” Shepherd says. However, talking about your failures too much can also be unhealthy, Shepherd warns, as constantly discussing emotions causes them to escalate.

The best way to deal with failure, then, is to find the middle ground between these two paths. “People usually feel comfortable talking or not talking, but we need to do both.” In other words, learn to talk about your reaction to failure, but don’t wallow in it. Shepherd says it’s this strategy of oscillating between talking and not talking that allows us to learn from our mistakes.

Three tips for facing failure

Here are a few of Shepherd’s additional suggestions for dealing with failure in a healthy way:

• 1. Address “secondary” causes of stress: When confronting a failure, it’s important to take care of the other things that need tending to as a result of that failure. Shepherd shares an example: “If you’re an entrepreneur and your business fails, you might have to sell the house, switch your children’s schools, look for a job. As you do these things, when you turn back and think about the failure, the enormity is less.”

• 2. Separate yourself from the failure: “Just because your business failed doesn’t mean you’re a failure,” Shepherd says. It’s important for people to actively work on separating their identity from their failure in order to move on.

• 3. Don’t let failure become normalized: “If we end up failing a lot, failure can become normalized, and when we fail, we don’t feel any emotional reaction,” says Shepherd. “That may sound good, but if you become desensitized to failure, you’ll become desensitized to commitment. This creates a bad cycle: you have less investment in your endeavor, so you fail, and you don’t learn from it.”

Finally, Shepherd advises people to keep the big picture in mind when dealing with failure. “Learn from past failures so you don’t make the same mistakes again. If we think of our projects as a series or a stream, we can be successful overall, even though we may fail at any particular one of them.”

Wednesday, December 2, 2009

MANAGING MANAGEMENT

this article is solely dedicated to management aspirants and all of those who have got into this fuss.
management is a great fuss but at the end of tit you are out as bright as the shirt shown in tide (washing powder) ka advertise. but on a serious note t his is one course in your life that i bet sure that you would never regret.
Lately, whenever someone who holds an MBA does something ethically questionable, it has become fashionable not to blame the person, but her degree.


What comes to our minds when we talk about IIMs, XLRI, Jamnalal Bajaj, FMS, etc...? A community of world's leading business thinkers, outstanding peers, accomplished executives, salaries like non-terminating number series, slick professionals with their think pads, great professors with their management mantras, brilliant students exuberating self-confidence. Life at a B-school offers much more than all this.

Two years in a B-school prepares managers of tomorrow. Even though students enter into a B-school with a specialization in their minds but B-school provides them with an opportunity to think upon his specialization again. In most of the B-schools, first year is common across all the specialisations, and after 1st year, students go in for their summer training in different corporates. During this 1st year, students do their complete SWOT analysis (Strength, Weakness, Opportunities and Threat) and then they choose upon their specialization. Even during summer placements, students choose their industry on the basis of their future plans. Generally, marketing students choose FMCGs (Fast Moving Consumer Goods) companies or Consumer Durables because of the higher customer interface and challenges. A finance student prefers banks or other financial institution because of the financial exposure which these companies provide. Similarly, a Systems or an Information Technology specialist will have his dream lying in working with companies like Infosys, Wipro, Polaris, etc.




A typical day starts at 6.00 in the morning by grabbing a pink business paper, analyzing the current business scenario. A quick breakfast at 8.30 in the morning, a strategy development session at 11.00 am, a canteen refresher meal at 3:00 in the afternoon while having a light talk with friends and professors, a presentation at 6.00 in the evening and a field survey at 8.00 in the night is just a glimpse of a peculiar day in a B-school. Not to mention that in between the available time, you would have analyzed Reliance Infocomm strategy, Bharti's deviation from its core competency, India's remarkable GDP growth, effect of the weakening dollar, etc.



Most prospective students know that the academic experience at a B-school is rigorous and challenging. It prepares graduates to succeed in managerial endeavor.



The pride of the Institute is over 4000 alumni, working in highly prestigious positions in Fortune 500 and top 100 Indian companies.



But that's only half the story...



B-school is a place that's stimulating, exciting, and fun. A place that has something interesting happening every day of the year. A place that encourages students to pursue their interests and explore their imagination.



From being an integral part of the Annual Paper Presentation in Business Conferences like Strategym, to writing a Business Plan for a start-up company, to helping a non-profit organization better achieve its mission, forms the part of day-to-day life in a B-school. The B-school experience is also about inspiring future managers to ask the probing questions and discover innovative answers as they develop the skills that they need to be leaders and architects of their own destiny.



Perseverance is the key to acquire that much wanted managerial skill set in a B-school. K. V. Kamath from ICICI, Manvinder Singh Vindi Banga from HLL or Ajay Piramal from Nicolas Piramal, all management graduates from top B-schools, certainly will agree with this underlying fact. One has to work hard and the outstanding faculty at a B-school plays a vital role in developing the managerial potential of students. In most of the reputed B-schools, the faculty belongs to the Business Mecca's of the world like Harvard, Stanford, Kellogg or Wharton or he may be FPM from IIMs. This faculty provides a rare mix of competence in both the theoretical aspects of management and the applied working knowledge of its practical aspects.




Apart from the full-time faculty, the visiting faculty which exposes students to actual business environment consists of various industry stalwarts. When they are not advancing business knowledge in diverse fields and working with business leaders around the world, they are unusually devoted to teaching you. Core competency from C. K. Prahlad, Advertising insights from Piyush Pandey or Alyque Padamsee will be a treat to the mental faculties of an aspiring manager. B-school also provides with an opportunity to interact with the alumni of the alma mater who have already proved their mettle in the corporate world in their respective arenas. They visit the institute and share their experiences with the budding managers.



Regular guest lectures at the B-school are a big attraction amongst the student communities. Students get an opportunity to interact with who's who of business world. Who else can tell you better about the success of Bharti than Sunil Mittal himself? How about a lecture from Narayan Murthy on Corporate Governance, or say, a brief interaction with Azim Premji on India's future outsourcing scenario.



A student generally studies between 40-45 courses in a B-school like Statistics, Financial Management, Strategy Development, Organisational Behaviour, Business Communication, Macro and Micro Economics, to name a few. He also gets corporate exposure through his summer projects, winter projects, etc., depending upon his area of interest / specialization.

One of the biggest benefits which a B-school offers is the contacts that one makes with one's classmates. Tomorrow everybody will be a manger in one or the other industry and when the whole of the batch meets during their alumni get-together once a year, the NOSTALGIA is overwhelming.



i have learnt many things from this articles which i found on the net while surfing and i am sure it will help all management aspirants and all of those who are undergong it can relate all this to what is going to come across in MBA.
take care