Friday, September 25, 2009

size matters (even in recession !! )


Even before the debates on estimates of cost of sub-crisis are subdued, a new debate has started whether economies across the world are reviving. At least in India we have got enough reasons to believe so- a significant rise in IIP index, increased freight movement across ports, companies going on hiring spree etc. The pace at which banks were collapsing at one time has been shadowed by the pace at which economies around the world are recovering now.

A large part of this fast paced recovery should be attributed to governments across the world which have left no stone unturned in paying honest tax-payers money to crooked institutions. From Greenspan’s cheap money to Bernake’s cheap money has been a scintillating and fast journey. And mind you this is not applicable to one or two countries alone; this has been the trend everywhere. Globalization in true terms!!

But what signal is it sending to the companies? Go and enjoy the world till the sun is shining; when there will be night some Fed will come to save you. “If you were not taking risk and making money, you have been a fool, is the message which companies are getting by all this”- says a noted economist. But I have just a correction to make here. “If you wanna take risk, which is not even comprehensible to yourself, please make sure that your size is big enough.”
Small fishes are not entertained here – Fed Reserves.

Wednesday, July 8, 2009

economics with cuteness......

Okay c’mon tell me what is wrong in studying economics in graduation?

It came to me striking while I was having a lovely chat with a few lovely girls in a cafĂ© recently (I don’t know why everything related to girls comes striking to us?). I was sitting with the friends of a friend of mine so I thought to concentrate on her friends (of course to make them feel at home); especially to one whom I found really cute. Our jokes were understood by each other very well followed by an extra ounce of laughter. As a group also we were going nicely, discussing the latest movie- NewYork, dressing sense of Katrina and John, then we went on to discuss new movie launches in pipeline (I was dreaming the future prospects) until one of them raised a technical question (I hate it when girls raise technical issues and that too in between nice talks). The question pertained to my studies. Economics Graduate I said. And after that the reactions changed from wow feeling to Oh! "Oh the number stuff? Why even after so many economics theories we can’t prevent a recession when it comes? Why everything in economics start with hypothesis?"

Oh my god this was not where I wanted to land.

And then started what I may call my nightmare. My cutie pie asked- Did you take Human Resources Management as your specialization to give yourself a human perspective after this economics degree or you were genuinely interested in taking up HR? I tried to lighten up the environment by cracking actually it was because of pretty girls in HR that I took HR. But my jokes were not jokes anymore. I could have understood if it were from one or two girls. May be a breakup with an economics guy or some time table guy (remember Dil Chahta Hai?); but there I was with four girls just hell bent to post mortem my decision of taking Economics at first place and then the dare to follow it up with an HR.

So finally I had to take up the stage to clear things about economics. Yes economics guys are a little enticed towards numbers (when somebody asks us how many hours you slept yesterday we tend to say 8 hours, 33% more than my average sleeping hours and so on). Yes economics theories did fail to solve the problems many times but believe me I had nothing to do with those theories. So finally 43 minutes later, after 7 arguments in favour of economics and 3 proofs about economics guys being human (even without studying HR), we came to the conclusion not to ostrich economics people from society. But in the process of reaching to conclusion my cutie pie was lost somewhere. My future dreams which had started coming in the beginning of the talk were forgotten in between somewhere. What an opportunity cost of discussing economics!

Wednesday, June 17, 2009

Independence - To think, to decide, to act.........

What determines the level of success and competence in a human being? What kind of skill set one has varies but the basic tenet remains unchanged; the degree of a man’s independence, crave for a new beginning and undoubted love for his work decides his level of talent as a worker and his value as a man. Independence is the only true parameter of human value. There is no alternative for personal dignity and self. Never in your life let anyone or anything become bigger than you. You are a unique creation and your degree of self respect will determine your level. Before others can think high of you; you yourself have to think high of you. Don’t let anybody and everybody sway your opinion. Question before you agree; think before you produce an opinion; believe in what you say and do. The man who can feel, think, judge or act is the man who can make a positive change for himself and the world.

Sunday, May 24, 2009

Make your life worth living...

Almost no one likes uncertainty in life but uncertainty is what makes our life worth living. Excitement of doing things for the first time, not knowing whether it will be successful or not, gives us butterflies in the stomach. What other feeling in life can match the feeling of giving an important competitive exam, being late for an interview with slightest chance of making it on time, the feeling just before the results are going to be out, the feeling of purposing first girl in the life (the fear involved ranging from a firm No to a ‘I think I don’t like your face’ to even a Slap; but also slightest chance of Yes). How much boring life could have been if there were no uncertainty, had we known everything about the future?

Still we fear the unknown world more than anything else. We are not ready to take risks in life. But the fact is that we almost never regret doing something but we regret things we didn't do in life. We regret for love not shown, for words not said, for not understanding the viewpoint of a friend, for not giving full hearted efforts at something which interested us once, not taking enough risks. By living our life on safer notes all the time, aren’t we depriving our grandsons of stories of our adventures, depriving ourselves of the line- 'I was so crazy once'; depriving ourselves of a life that we could have made?

Always be confident enough in life to make it worth living.