Sunday, October 24, 2010

Teaching - Shud it be a Choice or a Chance!?!?!

This is very emotional moment of my life. In fact emotional not about my personal life but about the Teaching system !!Imagine how much it had disturbed me to speak like this.
This moment, I feel the necessity for a perfect teacher .
Who is a teacher? I read one small poem that my sister wrote during our childhood.
A teacher tells,
An average teacher explains and
A good teacher demonstrates
A great teacher inspires……

A teacher should carry a positive energy with him/her. Its inherent within them. Its not the artificial one. (S)he should be able to influence(but not convincing) the students with that power or positive energy. I can also say they should make us realize the value of the subject what they teach !! In such case there exists no compulsions for students , they obviously pay attention and show interest in the class. That’s a perfect teacher.

Now I understand the case,when lakhs of students study/appear for competitive exams , why only few are making it to IITs or IIMs or what so ever !! I agree, it mostly depends on students but at the same time the TEACHER too. To be significant… it’s the teacher’s capability of making the student pay 101% attention to/in his class.
We hardly n rarely get such teachers !!

Teaching is not just a profession; it’s a greatest boon on earth. It’s a responsibility given to a person. It is not mere a profession of earning money, it should be with PASSION.
Passion, not to become HOD or PhD scholar but to give the students…THE BEST !! What you learnt and what you teach is vital!!

Its how much students understand the subject because of the lecture. I mean it: SUBJECT or the real content !!
Since last 20 years I have seen few professors/teachers of that sort. RKP in TIME Hyd is one among them.

Bad examples:
Doing a PhD or doing numerous Research papers won’t make one a good professor. And that is the bloody criterion if one considers it as BENCHMARK!

I experienced a horrible response recently, from a Professor who performs so badly. (S)he is not bothered about how (s)he teaches. When we give her/him a feedback instead of correcting him/herself, says: “I know how to get better appraisal. I will do some more research papers and will compensate it”.
What the **** is this??? Can we expect this kind of response from a so called professor?? Is this what we expect from PROFESSORS??
Another one says in a very first class: “I’m here for money; you are here for MBA degree. University provides you degree and salary to us.”
Though it is the ultimate objective of either party, speaking like this demotivates the students. This is not expected from a professor, having so many years of Exp.
Are these people our professors??? Are these the people who guide and lay path for students!?!?!

This is what makes the f***ing difference between Prestigious institutes and name sake B Schools.
Teaching MBA won’t make every college a B-SCHOOL. It’s the quality of professors and not the quantity of PhD holders. I mean IT!! QUALITY!!!!
I have not met such a professor so far in ***BS. Hope I’ll see one so soon..

Teaching should be by choice, not by chance!! Only the REAL TEACHERS emerge!!
Hence I wish u to be such REAL teacher. Bring out that passion from with in you, if u want to be such teacher, if u want to make that positive impact on many lives !!
This is what I believe. 

Signing off…nachiketa@spm.
Please add your comments below.

Friday, October 22, 2010

Macro n Micro Economics !!

Hi, this is the summary of the article I read in ET dated Oct 22, 2010. Nothing in this is manipulated. Its an excerpt from the article.

The real macro economic success of this phase of India's reform process has been increase in our savings rate. This has resulted in higher investment rate. That led to higher level of GDP growth, which is a good indicator for growth of National Economy !!
The three components of savings rate: household, Corporate and Public Sector savings.
Corporate savings contributed alot from 4% to 10% of GDP.
So what made this corporate savings contribute this much??
1. Overall Profitability : PAT/Sales increased.
2.At the same time companies decreased the dividend rate from half of profits.
3. Hence Profitability doubled as they distributed less of their profits.
4. This led to double of their savings.

There is an other factor for this.
It is increase in Corporate Tax collection. The increased direct tax collection from corporate sectors. This only contributed 10.7% of GDP. (It was 8.7%)

Liberalisation of Indian economy has led to the Corporatesector becoming a much more significant engine of the improving Indian Story.
The dramatical improvement of the Corporate Performance is largely because of Micro Reforms.
1. Take the case of Telecom. It contributed $50 B USD. This itself contributed 5% to India's GDP.
2.This is largely because of new telecom policy 1999.
3.Take the case of Power. Higher contributions of Prvate sectors will address India's power shortages.
4. The case of better roads and ports made efficient and faster transportation possible for domestic market conditions as well as exports.

Yet there is one more Indian School of thought that believes what has contributed to this growth is the growing importance of stock market s in promoters’ thought process.
The upfront value creation by these people increases the profitability and hence Cash is kept in business as it leads to better upfront value creation !
From all these we can safely say that there have been actual performance improvements caused by imprvmt in overall operating environment in different various sectors.
Sectors lik Faster infrastructure build out, Lower Inflation and interest rates, Inprovemnts in agriculture, economic pass in rural areas, education, vocational training,health, labor reforms,debt markets, water management, fiscal policy etc.

Such micro reforms on sector to sector basis is need to go on to ensure our MACRO ECONOMIC position continues to stay healthy to support India’s growth aspirations.

nachiketa !!
Source: Economic Times , Oct 22,2010

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