Observations, deductions and feelings fueled by tequila, tea and tobacco

Posts Tagged ‘Education’

The IIM fallacy

In Education, Management & Leadership on July 2, 2010 at 09:02

Yes, the IIMs are a route into the riches for people coming from the Indian lower middle or lower classes. They are an easy shot into the upper middle classes, and if you’re lucky, hardworking or a genius, even into the ‘rich’ classes.

They are, however, nowhere close to or on the way to developing their students into become leaders in a global economy.

Can the IIMs really claim to be the ‘best in class’ if all they are producing are mediocre managers forming the bulging global middle class?

I won’t, actually can’t, answer that question. If you can, please use the comment space.


True Education

In Education, Nation, Photos, Quotes on December 5, 2008 at 21:21

Intelligence plus Character: Thats is the goal of true education
– Martin Luther King, Jr.

If this were the metric to be used, I’m not sure how would my beloved alma maters rank. In my life, their ranking in providing true education would be just the reverse of their rankings in popular imagination. But then my opinion counts for little in a world full of rats and cheese. .. and that education is fast defining the soul of our republic.

Taken outside my home on one of the sutta breaks

shi(f)t happens! / DYK

In Education on June 2, 2007 at 20:36

Wanted to share this great presentation for a long time now but wordpress didn’t allow me to upload the original.

In my opinion, we should make a  more relevant ‘Indian’ version of this and make it compulsory viewing for all high school students.

You can download the original from here. You can also get the background music file by mailing me at ravenbarks@gmail.com in case you want it.

If you are in anyway associated with the teaching profession or education in general, I suggest following Karl Fisch’s blog here.

*cough cough* … dutch cold anyone?

In Economics, Education, Nation, Youth on May 12, 2007 at 01:46

Lots of people have been hinting about the economy catching Dutch disease due to frantic growth being seen in the new economy sectors .. specially IT/ES and retailing that are absorbing all skilled labour available around. So far I’d been reading about it in all the newspapers and blogs I follow, and experiencing it once in a while when my mom back home in Karnal complained about that lack of good help at home. This week, while meeting people in the distribution sector – specifically traders and C&Fs – I got a first hand account of initial symptoms of this disease.

All (or most) channel partners these days are IT enabled with systems connected throughout the chain. This creates a requirement at their end of people with average computer skills to operate these systems. And the feedback I got is that out of all the things required for the business, its these people who are the toughest to manage. As one of the owners said, entry level salary for someone who only has basic typing skills (read really slow typing) and no exposure to any ERP or Office programs would be about 6K in a place like Kalyan. 6 months down, with some exposure on the computer but still with only rudimentary knowledge of ERP systems, the salary would already be in 7-8K range. And end of the year, it’d stand at 10K. 67% raise in the first year!! And the reason for this? As stated by the owner – all these operators are immediately plucked by the BPOs and retailers for their ERP skills… or sometimes just because they can speak english and use a computer.

The employee view? One warehouse manager put it very simply. People who can’t afford big training institute fees come to work here for any salary, with a clear view to leave within 2 years. End of two years, they easily move to any BPO/Retailer/Manufacturer on salaries that are 3-4 times what they get here. The employees use this as a training school that pays them for getting trained in some highly valued skills.

How was it earlier? Another trader complained about his manpower costs as percentage of sales – they grew around 5% throughout the 90s compared to 80s when he took over the business from his father. And in the last 5 years? 70% increase in manpower costs. When the actual number of people employed has stayed the same. Given that his business has been growing at ~15% and the headcount has remained same, some of the wage increase can be explained using the wage-productivity hypothesis, but that surely won’t amount to 70%!!
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