Saturday, February 12, 2005

A Virtual Finance Interaction...

KN Venkataraman aka "KNV" (90BMD), and the Finax Secy of that batch - and currently based in USA - met the present batches in the virtual space on the night of Feb 6th-7th.



This was the first among the (hopefully) many more such virtual interactions to come in future between the batches and alumni.
[for those who passed out long back, the venue "LH" mentioned in the poster above stands for "Lecture Hall"!!]

Wednesday, February 09, 2005

Best Of X Factor - Blog

just to inform you, we have started a new blog: bestofxfactor.blogspot.com :-)

it has some of the best stuff that has come out on the x-factor...

- Mohit Kishore
Editor, X-factor

Tuesday, February 08, 2005

Madhukar's new pastime : )

It is really unfortunate that all of you on this list are MBAs (or doing their MBA)... and are not aspirants for doing a MBA course.

So I feel really sad that, in your this life, you are going to miss this opportunity, which an MBA-aspirant can avail of posting a query to me (or to any of the other 6 people) on the BW MBA Advisory Panel:
http://www.businessworldindia.com/b%5Fschool/advisory_panel.htm
and get some gyan on high-funda issues in life

really sorry for you;0))
madhukar

Monday, February 07, 2005

XLRI kid wows world

XLRI kid wows world
- Kumar Anand wins laurels at global managers’ meet
PARVINDER BHATIA

Jamshedpur, Feb. 6 2005:

His paper on “intellectual capital and innovation” was adjudged “the most thought-provoking” one in the 26th MacMaster World Congress held in Canada. The sole delegate from India, his vision drew plaudits from no less a person than the former deputy Prime Minister and federal finance minister of Canada John Manley.

Meet Kumar Anand, a second-year business management student of Xavier Labour Relations Institute, who has returned to the city after winning laurels in the international circuit. “It is a great feeling. I am proud that my efforts have been rewarded,” said Anand.

The McMaster World Congress, a forum that brings management brains from across the globe together, was organised by the DeGroote School of Business, Canada, in association with the Management of Innovation and New Technology Research Centre (Canada) and the Taiwan Intellectual Capital Research Centre. The three-day conference was held from January 19 2005 at Hamilton in Ontario, Canada. Students from 70 universities across the world, including the University of Missouri, USA, Technical University of Lisbon, Portugal, and University of Basilicata, Italy, took part in the meet.

Anand's paper titled — “Managing Intellectual Capital in Growth Organisations in New Knowledge Economy” suggested a framework for organisations to manage their intellectual capital in the present hyper-competitive global economy. “ This is an age of knowledge-based economy. Consultants like MacKinsey have been able to capture the world market because of their knowledge base,” said the budding manager. He added that corporate houses in the country would have to focus more on knowledge capital.

Sharing his experience at the meet, Anand said, “It was a wonderful opportunity to learn, share and network with some of the best management brains across the globe. Equally stimulating were the queries from the international delegates about the Indian economy.” This is not the first time that Anand has impressed a global audience. He won accolades in the World Congress on Disaster Management held in New Delhi last year.

Thursday, February 03, 2005

Prof. Dholakia's Speech at XL... From FE

Prof. Nikhilesh Dholakia, Professor of Marketing, E-Commerce, and International Business in the College of Business Administration at the University of Rhode Island (URI) visited XL on Jan 31.

He spoke on "IT-enabled Globalization: Interplay of Economics, Politics, Culture"...

Excerpts from The Financial Express, National Edition, Feb 2, 2005:

BOTTOMLINE

‘India, China could become the tail that wagged global IT dog’



JAMSHEDPUR, FEB 1: The share of India and China in the global IT industry would go up in the near future despite the fact that India’s current share is a mere $50 million in the $2,600 billion worth global IT industry, as per Nik Dholakia.

Giving his views on the business process outsourcing (BPO) scenario the world over, especially in the Indian and the US context, Prof Dholakia said the momentum was definitely tilted towards China and India.
The global IT industry is currently estimated to comprise an electronics goods market worth $300 billion, a computers and software market worth $1,000 billion and a $1,300 billion telecom market.

Speaking at XLRI campus here on IT-enabled globalisation of what he described as his “aerial view” of India, Prof Dholakia said even though the numbers were very small and India’s contribution was not even a drop in the bucket, yet in the global IT industry, India and China (the latter because of its hardware base) could become the tail that wagged the global dog.

“Right now India to them is some kind of a nebulous threat where all the IT and call-centre people are sitting and taking away jobs,” said Prof Dholakia while describing the common perception in the US. He added, “The changes we are seeing in India are catering to only the 20 million elite (which includes 5 million people associated with the information and communication technology sector) with a per capita annual income of $3,000 to $20,000 or more.”

Though it was a phenomenal change, but it was still, even in India, just like scratching the surface, he added. Prof Dholakia was confident that BPO was not going to disappear but would only grow with companies outsourcing finding newer ways of ‘slicing’ jobs and manufacturing processes.

According to the professor, although for overseas clients the cost-advantage for outsourcing jobs to India was gradually narrowing down, it would still be the ‘overtaking of skill’ factor which would bring jobs to India. Thus, availability of better skills in India, he thinks, would continue to bring outsourced jobs into the country. Other countries like China (which is currently doing a massive English-language training), Vietnam, the Philippines, Ghana, South Africa and Pakistan were all gearing up fast and eyeing at BPO, he observed. Simultaneously, the phenomenon of ‘near shoring’ — outsourcing to nearby countries where the time-zone was not a factor — was also on the rise.

The EU, with its expanding membership, was giving preference to the new aspiring member-states for bagging outsourced jobs, he said. According to Prof Dholakia, companies like Infosys and Wipro are opening up offices in the Czech Republic, Romania, etc, for bagging ‘near shoring’ BPO jobs. The issue of cultural comfort was also a matter to be reckoned with in outsourcing, he said.

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