History, Management, Philosophy, Politics, Reviews, Society

Gun culture and USA

The tragic gun firing at a midnight screening of “The Dark Knight Rises” in Aurora, Colorado, USA, is an alarming signal of penetration  of  gun culture among both urban and rustic teens, through the popular forms of  Movies and Video Games.

Why USA is prone to such mindless,ruthless and dramatic gun firings, particularly by depressed teens,  since some decades, why not developing countries ?

Before analyzing the genesis of  gun culture and popular media , we must go through the genesis of Guns/Arms Manufacturing in USA Soil. It was arms and dynamites production which accelerated and championed USA economy among world super powers in the early 1920’s.  It was USA, which orchestrated nuclear race, by nuclear bombing in Japan to show its supremacy, and placed world on the brink of  volcano made up of nuclear lava.

In addition to this issues and background, the worst case is free availability of  Guns and weapons in USA. Gun licencing policy and its availability is not stringent, in fact it is free liberal, as like US economy. One can easily procure guns and arms in USA soil without having any proper examination and verification, unlike developing nations.   This incident, which may provoke another set of teens,  in turn may trigger another Colorado firing.


Dams cause floods?


India recorded massive floods in Bihar, Arunachala Pradesh, Karnataka and Andhra Pradesh in the last 6 months. India has been facing peculiar kind of crisis of either floods or droughts. Some notable economists used to say that countries could grapple in war for acquiring water resources. Reality superseded their supposition. Even states posing one on one for water resources. Andhra Pradesh, Tamil Nadu and Karnataka have been fighting for  their share of water in rivers of Krishna and Kaveri. They have built huge and massive dams to store water to meet the needs of state requirement.

Deccan region recorded a massive rainfall of  five times more than average annual rainfall within a 5 days span. Lakhs of people have been displaced and hundreds of have been hacked to death in this catastrophe. This devastation raised myriad of questions on the validity of huge dams. we are just damaging the natural beauty and flow of rivers which exist from thousands of years in the name of technological advancement and infrastructural development. Huge and Jumbo dams breaks the natural drainage and river beds to  raise due to silting. USA has already started removing outdated and ecological damaged dams. New York Times paper calls the ‘age of dam removal’ in USA

#dams #USA #kaveri #removal #floods #disaster


Bschools’s myth

Focus on business education and career prospects has been intensified further after the lethargy in progress of software industry in India. Management education, once part of commerce stream, emerged as independent discipline and wooing all the graduates irrespective of  their educational background at graduation.Now, more than 2000 Bschools have been to India and shaping management executives to meet the requirement and challenges of modern India. With the advancement of globalization, International Bschools like Yale, Harvard, Cambridge and Oxford planning to open up franchises in India. In vice versa, IIM is planning to go global despite there is domestic deficit of standard management graduates.

IIM’s were started in the very year 1961 with the co-operation of Massachuts Institute of  Technology and Ford foundation.IIM’s have been playing crucial role in the development of management education across India. In the year 1991, Indian has shifted its stand from socialist to regulated market system by adopting LPG policy. Prior to 1991, Indian organizations and companies had been dominated by kins and scions of business emperors. Requirement for standard management graduates increased due to need to cope up with the global competition, business environment and to build a strategic alliances between east and west.

Another pandemic faced by Indian Bschools is their inability to produce successful entrepreneurs in India unlike western countries.Indian business graduates prefer managerial and supervisory jobs by demanding tens of lakhs as annual pay, most of them are not ready to start entrepreneurial ventures.Though some of entrepreneurs are hitting the mainstream market but they are not surviving in long run, except the scions who have strong financial and market dynasties. I will give an example of Indian entrepreneur Sabheer Bhatia’ long  Journey. He has started hotmail in the late 1980’s much before the arrival of google in internet market. He had to sell major stakes of his company to Microsoft for hectic amount. He would have emerged as the global internet giant among Microsoft, Google,Yahoo and Twitter, if he retained his stakes.

It was Mc caulay who introduced English education to meet the requirement of clerical jobs in India, are we still practicing the  Mc caulay model of education even after 60 years of Indepence..

Survey reports  have interesting versions on the myth of MBA degrees. According to a list of best performing CEOs by the Harvard Business Review, 36 out of the world’s top 50 chief executive officers do not hold a masters degree in business administration. Bschools have been facing practical problems of Lack of faculty, excessive commercialization, lack of standard methodology, infrastructure etc.

Harvard business review lamented the management of Bschools claiming that they have been neglecting the area of CSR and Business ethics at the curriculum of business education. Satyam and Raja ratnam scandals signifies the importance of corporate social responsibility and  ethics at business. Here the arguement is, how far Indian Bschools committed to teach the importance of CSR, Business ethics, economic nationalism and  social welfare to their students. We must not forgot Birlas and Tatas credibility and commitment  towards the nation and people.


India ranked 134th in HDI

India did not achieve any progress in Human Development Index in the Human Development Report published by the UNDP(united nations  development project) by retaining the 134th rank. Interesting fact  is  India unable to perform well in the fields of primary health, Nutrition, basic amenities which are the key indices for calculating Human development Index ,despite we are maintaining  good track record in economic and finacial sectors. This is a perfect instance for the economic disparities and disequilibrium of Indian society. Leading Economists Amartya Sen-Mahbub ul Haq unveiled the formula for calculating Human Development Index.

The HDI combines three dimensions:

* Life expectancy at birth, as an index of population health and longevity
* Knowledge and education, as measured by the adult literacy rate (with two-thirds weighting) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weighting).
* Standard of living, as measured by the natural logarithm of gross domestic product per capita at purchasing power parity.

Economy, Management, Reviews, Society

The Polyester Prince: The Rise of Dhirubhai Ambani

The Polyester Prince: The Rise of Dhirubhai Ambani by Hamish McDonald

Dheerubhai Ambani, the most popular name of modern Indian business, is still in the minds of Indians despite his physical demise. Hamish MC Donald has made a critical interpretation of Ambani’s transition of normal man into a Business Tycoon who allegedly influenced mainstream politicians for the commercial benefits of his business unethically. This book was written in 1998 and has been banned in India due to the heavy pressure from Ambanis.You can find this books at bombay streets for nominal cost which are smuggled. Maniratnam has been inspired by this book for making of “GURU” with Abishek Abhachan . Mani Ratnam also depicted numerous scenes from the source of this  book. This book also highlighted the rivalry between Dheerubhai Ambani and Nusli Wadia(grandson of Mahamad Ali Khan Jinna) who were allegedly tried to assassinate each other. Their rivalry remained as a black spot of Indian corporate history. In the film Guru, Mithun Chakravarthy played Ramanth goenka role while Madhavan played Journalist Guru Murthi role. Interesting aspect is Guru Murthy was hugely suffered by Ambani on the various charges and even jailed unlike the ‘GURU” movie description where Abishak Bachan didn’t touch Madhavan. Mani Ratnam must have been pampered by Ambanis. Though this book is mandatory for the people who aspiring a career in corporate sector and entrepreneurship,but  special kind of fiction has been added by author  to  sensationalize the book and his name. Readers should be very cautious while reading the book and to make conclusions on Dheerubhai’s character.