Friday, February 22, 2008

Isn’t this the right time, to plan, on shifting to India?

Isn’t this the right time, to plan, on shifting to India?

Ony of my US friend and successful entrepreneur, Anthony Mitchell from Seattle, wants to Shift back to India. Anthony helps Indian companies to expand their presence in the U.S. market through traditional marketing campaigns, institution building and management training, and through acquisitions of U.S. businesses that have not made strong tie ups with Indian ITeS service providers. For additional information, see: .

He recently wrote some thought provoking articles on the Job transformation scenario of India middle managers in high tech companies :

Customer Relations Managers Face Job Transformations - Part 2

Customer Relations Managers Face Job Transformations - Part 3

He also wrote something about how middle managers will upgrade their skills to face this job transformation . Test Your Global IT Business Skills,

India has emerged as a significant player in the international landscape. The perception of the outsider about India ‘as a land of opportunity’ is obviously creating positive image to engage more investor in the ‘Indian Economic Development’ process. We are moving towards better life standards collectively. Data wise, we are having significant growth which I suppose , will continue ,while we move towards next Union Budget which is the ‘Nation’s largest Financial plan’ on 29th Feb, 2008.

However, there are lots of question, about whether the economic growth is trickling down to the agricultural sector. Farmer suicide has become common phenomenon, largely due to inability of paying back of loans, which shows again that economic development is limited to certain key sectors of population. We still do not show a good picture on terms of ‘Human development Index’. Apart from certain ritual exercise on certain significant days, the thinking on ‘nation building’ is rare.

There are few, who pinpoints conceiving and implementing economic liberalization, as only element for India’s recent growth. They had to be reminded, that we did not choose the starting up of economic liberalization process. We were forced to do so, due to our sad economic state at 1991.

The fact is , India is one of the oldest civilization in the world , and during time ,it had its own process of material growth, which was not dependent in any key people or policy . We had cycles of spiritual and material growth throughout the history. There are foreign invaders who came, destroyed, and ruled. However, India continued its spiritual and material journey, without bothering about who came and who went away. As Vivekananda, pointed out that the greatest quality of India, is its tolerance. Sri Aurobindo said it as “Unity without uniformity” which is better described as India’s tolerance to all sorts of culture, nationalities, and communities and how they are united together without loosing their own identity. Due to this , India was prosperous earlier, and it will be the world’s most powerful nation, within a decade .It is destined to be so.

So, welcome back again to India … the land of prosperity and peace. Spirituality and materiality. For all the Indians, who have shifted abroad in search of prosperity. In addition, to all the others, who wants to come to India, for search of prosperity.

Sunday, February 17, 2008

Business Risk= Business Execution – Business Planning?

Risk management is a structured approach to managing uncertainty through, risk assessment and developing plans to manage it, and mitigation of risk using managerial resources. The plans include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk. However, there is another non-standard way to manage risk. That is the way, entrepreneurs manage risk. Alfred Hitchcock, the famous director also used to manage risk in that way.
More information about Hitchcock style of managing risk, and application of it, in our Business and daily life, is available in AIL online course category “Entrepreneurship and Business Planning”. Please use this link if you are interested to enroll for this course.