The unlikely villain turned hero

Painting with a broad brush is not always the right thing to do. In the United States, virtually anybody who's in the finance sector has been branded a villain. They of the billion dollar bailouts and the million dollar bonuses. Near the top of the pecking order of rogues, in the public mind, is AIG...

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Yuletide Cheer

Its that time of the year, when there is a nip in the air (or a vigorous bite if you happen to live in cold lands). The world is seeming an altogether nice place. Half the world's humanity is on holiday. Warm greetings and best wishes are flying around. Most of us are prepared to put the ills of the world behind us and, for a few days at least, look forward with hope and happiness to celebrate all...

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Au revoir Phil

How do you say farewell to a man like Phil, on his retirement ? You just can't. Period.How do you even begin to say farewell to somebody who has spent 42 years in the company. No that's not a typo. The number is right. FORTY TWO years of sterling service to the company. He has seen it all - he's seen the company's many victories and some setbacks. He has seen people come and go. He's seen history...

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Climb every mountain

If you are from the generation that grew up with The Sound of Music, you may recall this song - Climb every mountain. In that classic musical, it wasn't the most melodious of pieces, but it made up with some depth of meaning. Each one of us climb our personal mountains and this post is a rambling muse into how all achievements, big or small, are remarkable, amazing and, in many ways, the purpose of...

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All that glitters is gold

They say all that glitters is not gold. But today, that might be a slightly misplaced sentiment. Gold is glittering so much that everything seems to pale into significance. I mean the price of gold. If you haven't noticed, it has skyrocketed. And the cause of it is coming from an unlikely direction.Gold hit an all time high price of $1424 a troy ounce in Nov. It seems to be zooming northward. I haven't...

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The quintessential bureaucrat

All bureaucrats are the same, but some are better than the others ! Each nation is blessed with a liberal sprinkling of "homo sapiens pointless bureaucracy-ensis". But the ancient land of India is surely the world leader in this matter. Meet Ramamritham - the quintessential member of this species.Readers of this blog will know of my partiality to caricaturing a typical member of a group by a name....

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Chicken Tikka Masala in Old Blighty

Chicken Tikka Masala is reputed to have taken over as the national dish of Britain. Perhaps the best example of reverse colonisation, although it must be said that overthrowing "British food" is not as great an achievement; such being the epicurean significance of the cuisine in Her Majesty's land. Actually its a Bangladeshi takeover, given that 99% of the curry houses in Britain are run by Bangladeshis....

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The sheer bliss inside the airport

It took us 74 minutes two weeks ago to enter the airport. It is now time to experience the blissful experience of actually being in.Lets concretise the experience. Imagining you are taking an international flight out of Chennai airport, arguably the worst airport in the land. You may recall that the last step before being allowed entry into the hallowed portal is a painful check of your ticket and...

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The bridesmaid's hour cometh

Beijing, everybody knows. Shanghai, is equally well known. But most people's knowledge of China stops right there. The more enterprising will know of Shenzhen. But then , that's about it. The rest of China remains a mystery to many who have not ventured in that direction.Well, its now Guangzhou's turn to be in the spotlight (pronounce the zh, like a j). The Asian Games start in Guangzhou on Friday,...

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Ah, the joys of an Indian airport

If you have had the good fortune to be in an Indian airport even once, you would appreciate the unmatchable joy of such an experience. This blogger is uniquely qualified to ruminate on this topic, since he has spent a substantial proportion of his life in the confines of the aforementioned entity. Unfortunately he continues to indulge in this hobby , despite numerous new year resolves to escape from...

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The Ascent of Man

The Ascent of Man is an all time classic BBC documentary on the evolution of human society. Written and presented by J Bronowski, it was made in the 1970s and traced the evolution of humans into what they are today.That was before the age of computers. And email. And the Blackberry. With the onset of such a revolutionary step in human evolution, the series needs to be continued. Alas, J Bronowski...

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When reality pales into insignificance

Imagine a company which was for decades a byword in inefficiency. It pollutes like hell. It has 400,000 workers, none of whom can be sacked, although it needs far fewer. Most of the places it operates in are rife with insurgency, where the government's writ doesn't run very deep. Corruption is endemic. Technology is antiquated. There's a mafia which operates almost exclusively thanks to its presence....

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We are a funny lot

Consumer behaviour is so complex that nobody really understands it. That's why there's a massive and flourishing market research industry to try and fathom this mysterious creature called you and me. Perhaps this is not so mysterious - after all the consumer is usually referred to as "she" instead of "he". And who can claim to fathom the mystery of the female of the species .......Take the case of...

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There's a tune in the air

Even in the stupefyingly boring world of business, there can be music that can make you catch your breath at times. So it shall be in this blog, which has, thus far, been scrupulously clean of anything tonal , thanks to the acute tone deafness that afflicts this blogger. No, I don't mean the ritualistic annual day in Indian IT companies where 10,000 coders all try and do weird contortions in the name...

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Do they know what's going on ?

Remember Jerome Kerviel - the trader who almost brought down Societe Generale ? The French banking giant ? He was convicted by a French court this week, sentenced to jail and ordered to pay back the € 4.9 bn loss the bank suffered as a fine - largely symbolic as he would just become bankrupt.No doubt at all that he was guilty. He had built an open position of some € 50 bn. He violated trading policies...

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OMG , its a holiday

Hooray, Hooray, It’s a holi holiday – if you were a gawking teenager in the 70s, you would have probably tapped your feet in rhythm to Boney M. If you are a toddler, teenager, 20,30,40,50 something or a laorenjia (old old man), in China, you would instead be singing Oh My God; it’s a holiday and run for cover !This week is “National Holiday” in China. Oct 1 is the National Day in China – some 61 years...

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Hopelessly Stumped Banking Corporation

HSBC is a solid, and perhaps staid, bank. It rode the financial crisis reasonably well and generally stays out of the headlines. Surprising then to see it on top of the financial news for the last five days thanks to a messy succession saga. Here's what happened. Successions in HSBC are very orderly. The Chairman retires to tend to his garden somewhere in the English countryside. The CEO becomes...

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Jobs for Life

Jobs for life ?  A quaint and obsolete concept ? Not even dinosaurs would think of such an idea ; Right? Don't snigger. No less a company than Siemens has done just that in Germany. My first reaction was, of course, what on earth has Siemens done. Has it simply bowed to the pressure of the mighty German trade unions ? The power of trade unions in Germany is well known. The country has adopted...

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In praise of Vaithy mama

Vaithy mama is a legendary figure if you were a schoolboy playing cricket in a certain district in the south of India in the 70s. No prizes for guessing that this blogger was one of them. Vaithy mama was the lone selector of the district cricket team and had the power of life and death over earnest schoolboys for whom being dropped from the team was the end of the world. Vaithy mama's selection criteria...

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The Right to no Information

The Right to Information is a fundamental right in most countries. Freedom of the press is a cherished goal. All very good.  But I think its now time to have a Right to NOT have information. I write this even though I have witnessed at close quarters for three years, the perils of such an idea. Take the case of the story of the idiot in Florida who wanted to burn the Koran, which is the trigger...

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Small enough to fail - alas

I had never heard of ShoreBank until I read this article in The Economist. The Economist titled its article – Small enough to fail. I add an “alas” to my post header. ShoreBank , according to The Economist article, thrived for 35 years on a business model of a small community bank that targeted lending to poor people in poor neighbourhoods. It actually had higher repayment rates and lower delinquency, ...

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I have the right to blog in office time !

The blurring of lines between work life and personal life has been a profound change in the last 10 years. We may not have fully realized it as it’s a classic case of slow boiling of the frog. If anybody had presented to you what the demands of working life would be when you started your career, you would have recoiled with horror. But like the proverbial frog, we have all been slowly cooked to death.E...

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Zen Buddhism and the art of patience

You may have heard of the 100 km traffic jam in Beijing where traffic moved at 1 km a day - that's right a day; not an hour. This post is a learned treatise on handling exactly such a situation. There's no point cursing or wailing. It won't get you any further than 1 km a day. No point abandoning your automobile to come and get it another time - whenever you get it you still can only do 1km a day....

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Two gems from the archives of Indian television

Once upon a time, long long ago, before gils was born, there was a time when there was only a single TV channel in India. Of course , it was government controlled - Doordarshan was the only channel and those who want to experience that torture can tune in to CCTV today. The powers that be in Doordarshan decreed that prime time viewing must be Krishidarshan (a program on agriculture, for those unfamiliar...

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A touch of madness in California

Californians are the best example of the concept that it is a thin line separating genius from madness.  The genius of Californians is well known. If there is one single place that is deemed to be the most creative in the world, it has to be somewhere in California. Many of the world's greatest inventions originate from there. Maybe its in the water; maybe its in the air, but something makes...

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Excuse me, Are you Indian ?

India is 63 years old today. Well, India is several millennia old, but also only 63 years young. It is Independence Day for India the country, as it exists today. Bits and pieces have gone away – Pakistan, Bangladesh and so on. But a large part came together, as it never had had all through its history. People with different cultures, different languages, different religions, and even with wildly...

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To err is human; forgiveness is not an option

You may have followed the drama of Mark Hurd's exit as the CEO of HP; if you haven't, here's a good summary of what happened. Hurd was very successful  at least in Wall Street's eyes, as HP's boss. All numbers, by which Wall Street judges companies were up and markets loved Hurd after the seemingly chaotic Carly Fiorina. But its rumoured that Hurd was despised by many of HP's employees, not...

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Get well soon Brenda Barnes

The news came out yesterday that Brenda Barnes was stepping down as Chairman and CEO of Sara Lee. She's stepping down on medical grounds; she had suffered a stroke in May. May we wish her a speedy recovery. I had posted sometime ago on The "Different" Brenda Barnes. She's a great role model for women who take a career break to raise children and come back successfully to top management. She's one...

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Entrepreneurship Traits

Comparisons between China and India are sure to provoke a yawn . Its an overwritten about topic . However, when I saw a report in the Wall Street Journal comparing the Indian and Chinese entrepreneur, I could not, but help, write a post. The report says both sets of entrepreneurs are extremely bullish about the future. Both don't think the recession has not really affected their future prospects....

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Boy that timeberwolf was one ectoplasm deal

Political correctness has seeped into every facet of life. Witness Goldman Sachs's recent policy banning profanity from emails. Fair enough - it seems reasonable that employees should not using four letter expletives in formal communication. But then where does normal venting of spleen end and profanity start ? Apparently asterisks aren't allowed too. You can't say s@#*. You can't use popular abbreviations...

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