HR Openings for Lashkar-e-Tayiba

I am sure that there was an MBA behind this one ....
"Art of Recruitment: How to become a complete jihadi" Talk about professionalism in Terrorism

here are a few addendum i could think of as the Terrorism Pvt Ltd. grows :-
1) Annihilation Outsourcing : 24x7 service
2) SB Head-Hunters : We hunt heads which shall roll .... (literally) p.s: SB - Suicide Bomber
3) BombStone M&A : We shall give you a deal which you can't refuse (Ex: LeT takes over smaller players)
4) Kasab Lynch : We deal with instruments apart from derivatives/bonds
5) JIC (Jihad Insurance corporation) : It ain't Blackmail only insurance

But a final question that pops into my mind is, what is pak still hiding behind "no hard-core proof" ... couldn't these clearly point out the role of LeT in terrorism ??

Staturday Startup - Startup's during the economic slowdown

Schedule
* Date: December 13, 2008, Saturday
* Time: 3.00 - 6.00 pm
* Venue: DOME 1,S.P. Jain Institute of Management & Research, Munshi Nagar, Dadabhai Road, Andheri(W) Mumbai - 400058. Map, SMS address to phone

Agenda
* 3.00 - 3.30: Librarywala demo by the Co-founder Hiten Turakhia
* 3.30 - 4.00: AdoRoi demo by founder & CEO Mitesh Thakkar
* 4:00 - 5.00: Panel discussion on "What should a start up do in a slowdown"
o Mahesh Murthy, Seedfund
o Hemir Doshi, IDG Ventures
o Rohit Nalwade, Ex-CEO of Consumervision
o Gopal Krishnan, Hanin Global. Ex Founder & CEO Mobile2Win
o Moderator: Aditya Mishra, Co-founder & Director, Headstart

A key take-aways of the session :-

Librarywala.com : if you haven't checked it out do see this online library model which charges you around 139 Rs for 3 books/month.

A few pointers for the panel discussion :-
Starting up a start-up during a recession would prepare you to survive for the rest of the good times.
Start-ups would be a good time to start up; cause anyways now people would be joining for Jobs rather than for money.
Guy Kawasaki's Rules for boot-starts in the time of recession.
Recession for start-ups is infact a Boom time :)

After the Crisis - Parody of Logos

Check this Link
for more of such newly arraigned companies

SPL - Spjain Premier League

All Good things they say finally come to an end... and so did the Mega-Cricketing bonanza of SPL (SPJain Premier League) conceptualized and implemented by the students (our lalit modi - Lokesh Daga) with 6 teams battling out in awesome knock-out matches with the girls also throwing their punches in the games .... It was something to watch out for the past 14 days (early morning sessions)Finally it was the Chennai superkings who battled out the finals with the Kolkatta knight riders (Click on the pic below to view)

To note, it was not just the fact that MBAers could also bat & bowl, but also the enthusiasm shown by everyone on the field that was really fun and memorable through-out the tournament.
It was innovation through-out as the gals were also given overs to bowl and bat called super-overs. A few of the gals even ended up as match winners in a few cases :)

Pics : Courtesy Srikanth Kulkarni

The parkinson's Law for an MBA

The Parkinson's law in IT states :

"Data expands to fill the space available for storage"

the corollary in the life of any Typical MBA would be stated as :

"Idleness expands until it fills all time available"

While most of the out-side world would have been fantasizing about an MBA doing multiple roles with his single hand; solving case studies, attending CEO guest lectures, working on strategic assignments (I love everytime i use the word strategy), preparing Business plans, growth road-map for companies which have long bitten the bankruptcy dust... here is a lil bit of truth from my a typical MBAer.

Unfortunately this is how it works for me :-

The Green Board - Uniquely SP

In the midst of every renowned institute of education lies a symbol unique not only architecture but of a nature so hallowed that it represents the entire livelihood of the institute, it becomes the life-line and even could be argued during momentary status of inebriation to represent the entire institution.

Harvard for example have their Steps :
(Photo source : flickr )
And here at SPJIMR we have the Green-Board
The ubiquitous communication channel.....which updates itself as frequently as every hour
The Harbinger of all ........ Surprise Quizzes
The instant marketing Board... for all the events that happen at SPJIMR
The notice board...issuing threatening messages to those who err their ways (or score below 2.4).
The flat-screen monitor for everything that happens here at SPJIMR.

Banking and the Marketing Paradox

SBI, the largest PSU bank has over 2,000 ATMs all over India. ICICI Bank has around 1,700 ATMs while HDFC bank has 830 ATMs.
ICICI introduces Mobile banking services including fund transfer.
Almost all banks currently support Internet/Phone Banking. Remember the branding efforts of Canara Bank.

The main reasons for the introduction of these extra channels of service for each of these banks would essentially include
1) Reducing Transaction Costs (Approx. Transaction in Branches : 5-10 $; Transaction in ATMS : 1-2 $; Transaction in Online : 0.5-1 $).
2) Enhancing Customer experience.
3) Competitive edge.
4) Scalability of operations.

So, what would be your reaction when an eminent banker says,
"The Banking sector is digging their own grave; if they continue expanding with only ATMs or Internet/Mobile banking "

Personally, I was a bit-shocked esp. being a hard-core addicted user of all the above additional services offered by my bank I was definitely trying to find the truth(or)fallacy in the above statement.

Back-tracking to understand the logic behind the statement let me bring across another lesser known fact in the banking sector ...
The Revenue potential for the Banking sector these days :-
a) Personal Loans : 30-40% (including Auto & Home loans)
b) Credit Card services : 10-15 %
c) Investment Banking : 15-20 %
d) Other services

As can be understood most of the revenue for the banks of today is not restricted to Loans and to realize the growth potential they need to advertise their newer services to their existing customers or to rope in newer customer base... But why aren't they able to do this ???

The ATMs/Mobile banking facilities has if-you-had-not-noticed successfully pushed the customer away from Branches; and in the case of banks such as ICICI banks have removed the necessity of having Brick & Mortar branches.
So banks not only lose the pulse of the customer but also invariably create a gap to market their services to their potential customers.. thus in the end restricting growth in the future.

Traditionally, my dad would go every week to the bank have a rapport with the manager see if there was any funds/services that the bank offered he could invest in.
Fast forward to my generation.. I hardly step outside the vicinities of my home, delete any sms-alerts of the bank, go across to ATMs only to perform dumb operations of withdrawing/checking balances... and an idle corpus lying in my savings account.

Have the Banks drunk the Nectar of technology pretty early without understanding the true benefits ?

The next imminent issue for the banking sector is to develop newer channels of marketing for their future. Any suggestions ??

Mobile Idly Shop at 12.00 PM - Uniquely SP

Being a hard-core Tamil, there are a few things that really distinguishes us :-
1) First day First show of RajniKanth
2) Getting excited over Asin's Debut with Ghajini
3) Slap-Stick comedy of Vadivelu
4) Drinks Mixed with old & gold Tamil Songs (engirrudhalum varzgha)

And finally IDLY-WADA (Sambar Dalkey)

So here is what a bunch of hungry tam guys @ SP Jain do to satiate their palate with a bunch of piping hot idlies tossed in fiery chilli chutney and pakka Filter-coffee


A truly Mobile shop which opens exactly at 12 PM near the signal outside the Boys hostel; this guys peddles everything from Gutkas, Cigars, Idlis and Filter-coffees.

70-70-70 Rule of Outsourcing

The world's most revered chief executive Jack Welch has introduced a new rule. It is called the 70:70:70 rule. Apparently, it has also been e-mailed to GE employees across the world. Welch has decided that 70% of GE's work will be outsourced. Out of this, 70% will be done from offshore development centers. And out of this, about 70% will have to be done here in India.

This ultimately boils down to about 30% of GE's work being outsourced to India.