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Beleive it or Not...

Most of the Extraordinary achievements comes in life only when you are not making living(means your earning) out of that.........

Good of Bad Times.........

In good economic times, everyone wants to fly or we can say everyone wants to maximize everything they had (the basics of Capitalism). Obama said that it is not the time to get into the discussion of Capitalism but I say it is the correct time to learn the lesson from the aftereffects of Capitalism.

There are always some good of bad times. Truly, it's very painful stuff for everyone involved, but you eventually get to the other side of it all. There are two way how system changes, one is by the people and another is by itself. When it changes itself it becomes tough for the people involved in it but the outcome might be more superior and satisfying.

One consensus example we hear frequently is the last dot-com bust ( 2000-2001) -- the bones of which (cheap fibre and web technology) laid the groundwork for much of what we see today in the web 2.0 world. At that time, everyone wanted to start a web company and make money out of that but because of the access of the people working for the same thing and the process they were following it bursts. But the backbone that time makes created the requirement of web to everybody; people come out some of the innovative ideas like networking, sharing and use of IT in business.
Last year we saw the beginning of the bust, but this time it is bigger then the dot-com one. Many still have apprehensions about what 2009 might bring. We watch and wait, wondering whether the economy will simply bounce back, or whether last year was only the beginning of the downswing. Business groups are wary, and predict a slow start to the year. Some are optimistic, while others are hedging their bets and playing it safe.
Some of the good things which are happening in this bad times are :

1. Narrows the focus – this time companies are thinking to do that only in which they are the best and also trying to come out something which can be the best for their customer in terms of technology, cost effectiveness and customized as per the needs.
2. Improves the team – Great managers always believe that its both people and results that are important. It is not either/or. So often in hard times, managers need to work hard to prepare the team and select the right people for right work. Bright people may be cheap as well in these time which helps in making great teams.
3. To invest in all that large-scale stuff – In tough time cheap automobiles, real estate, luxury goods, airplane travel, From an IT perspective, hardware and Software. So it is the time for lots of people to invest in the technology and systems. Investment should accelerate in technologies and services that save money and create substantial value; marginal offerings will languish
4. Innovation/Alteration -Creative free or low cost ways to replace old expensive solutions. This is the time for people to find the ways to save money and sometimes it results in unique solutions. For eg: Telepresence solution is a hot topic these days -- it's less about effective collaboration, and more about staying off airplanes -- same idea, use technology to run the business better.
5. The needs of others – The only way to survive in these times is to find the need of the others. Like we know how telephone phone discovered and so many other things because of the need. Vendors that can work with customers to achieve clear business objectives, rather than just sell product, do very well indeed.

6. Appreciative Inquiry – People don’t just push the ideas on employees but ask them what more they can do, how can be the part of tough times.
7. Re-engineering business processes and workflow – In good times we get many luxurious process and flows which sometimes are not needed. These are corrected in these times.
8. People go to academics: It is another point that wise people go for studies in these times so that they can get good time and opportunity when good times come.
9. Remember the basics: For the country like India, we very early forget our roots/ethos/cultures. These are the times to remember that all and also try to find out where we were wrong to adapt those things which was never ours and hopefully which will never be ours.

Tough times come and go–things go up and down, never stays. You can prepare yourself for tough times by becoming wiser (rather than wasting) in good times. These times are painful, yes, but al least there's an element of good to all of this if you think about it.



Comments are welcome!

Need of the Higher Edcation : Why and How?

To compete successfully in the knowledge-based economy of the 21st century, We should not focused only Clerical Jobs but also try to be Technological Independent by providing research opportunities in India via higher studies.

Need of the Higher Education:

INDIA is headlong toward economic success and modernization, counting on high-tech industries to name a few are IT, Automobile and biotechnology to propel the nation to prosperity. Unfortunately, its weak higher education system is the major hurdle in the technological growth. Its systematic disinvestment in higher education in recent years has yielded not world-class research programs nor very highly trained scholars, scientists, or managers to sustain high-tech development.




There was a time when countries could achieve economic success with cheap labor and low-tech manufacturing. Low wages still help, but contemporary large-scale development requires a sophisticated and at least partly knowledge-based economy.

What world is doing for higher Education :

India's main competitors — especially China but also Singapore, Taiwan, and South Korea — are investing in large and differentiated higher education systems. They are providing access to large numbers of students at the bottom of the academic system while at the same time building some research-based universities that are able to compete with the world's best institutions. The recent London Times Higher Education Supplement ranking of the world's top 200 universities included three in China, three in Hong Kong, three in South Korea, one in Taiwan, and one in India (an Indian Institute of Technology at number 41— the specific campus was not specified). These countries are positioning themselves for leadership in the knowledge-based economies of the coming era.

What India have:

India has significant advantages in the 21st century knowledge race. It has a large higher education sector — the third largest in the world in student numbers, after China and the United States. It uses English as a primary language of higher education and research. It has a long academic tradition. Academic freedom is respected.

We have a small number of high quality institutions, departments, and centers that can form the basis of quality sector in higher education. The fact that the States, rather than the Central Government, exercise major responsibility for higher education creates a rather cumbersome structure, but the system allows for a variety of policies and approaches.

Yet the weaknesses far outweigh the strengths. India educates approximately 10 per cent of its young people in higher education compared with more than half in the major industrialized countries and 15 per cent in China. Almost all of the world's academic systems resemble a pyramid, with a small high quality tier at the top and a massive sector at the bottom. India has a tiny top tier. None of its universities occupies a solid position at the top.

What our top Technical Institutes students are doing :

We have some world-class institutions like Indian Institutes of Technology (IITs), the Indian Institutes of Management (IIMs) and perhaps a few others such as the All India Institute of Medical Sciences and the Tata Institute of Fundamental Research. These institutions, combined, enroll well under 1 per cent of the student population.

Even the small top tier of higher education faces serious problems. Many IIT graduates, well trained in technology, have chosen not to contribute their skills to the burgeoning technology sector in India. Perhaps half leave the country immediately upon graduation to pursue advanced study abroad — and most do not return. A stunning 86 per cent of students in science and technology fields from India who obtain degrees in the United States do not return home immediately following their study. Another significant group, of about 30 per cent, decides to earn MBAs in India because local salaries are higher — and are lost to science and technology. A corps of dedicated and able teachers work at the IITs and IIMs, but the lure of jobs abroad and in the private sector makes it increasingly difficult to lure the best and brightest to the academic profession.

How to make a system for the Higher Education in India :

For me it looks like that in present scenario, we do not need the people with higher education. This statement looks odd to you guys after reading the above stuff to support the higher education, but this is true and makes sense. Just give it a thought to my statement that how many Industries require people with Masters and Phd’s in their organization. In India you can count them and that’s why people who do the MS/Phd’s from outside India prefers to stay there only, do not want to come back because here there is no work for them.

Industries have to come up with their need in research and also support the system for the higher education. For higher education their should be adequate grant to the student and also enough research opportunity while doing the course and after the course. Our industry have focused only on the service industry jobs not beyond that.

Presently what happen, if someone does Masters or PHD in some field from IITs than the major probability is that he will not get any suitable job for him. So either he decide to go out or change his working area. That is the reason most of the Indian students do not go for the higher studies. They complete their graduation and go for jobs because after Masters they will be treated at the same position as they were after graduation, they might not be treated specially because of their higher education because Industry does not have work for them.

It is a cycle of system, If industry requires higher educated people it will invest in the universities and also start research programs. No university can afford the higher research programs by the contributions of government, alumni supports or fee. To support the high technical R&D the industries needs to come with the universities and fund the students, labs and infrastructure needed. When that type of the system will be in existence than only people will be motivated for Higher Studies in technical field.

Focusing only on the Clerical (referring to the outsourced work by cheap labor ) work will not make India successful in the knowledge-based economy until we are self dependent in the Technological Aspects.

It is the Industry responsibility to provide opportunity for the R&D in India so that more students can focus on the Higher Education and work to make India a Technological Independent Country.