Nice way to fold a shirt

April 23rd, 2008 admin Posted in General | No Comments »

Folding a shirt is something we all have done all our lives. Noteworthy is this trick which looks to simplify it:

http://www.howtofoldashirt.net/

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Welcome to the Stock Market

January 9th, 2008 admin Posted in Good reading | No Comments »

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs10. The villagers seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at Rs10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs25 and the supply of monkeys became so little that it was an effort to even see a monkey let alone catch it.

The man now announced that he would buy monkeys at Rs50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers.
“Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs35 and when the man returns from the city, you can sell it to him for Rs50.” The villagers squeezed up with all their savings to buy the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!! !!

Welcome to the Stock Market!!!!!

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The five corporate lessons

January 9th, 2008 admin Posted in Good reading | No Comments »

Keep in mind for the rest of your life and it’ll definitely get you somewhere

Corporate Lesson 1
A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next door neighbor. Before she says a word, Bob says:
“I’ll give you $800 to drop that towel.”
After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After a few seconds, Bob hands her $800 dollars and leaves. The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks”
“Who was that?”
“It was Bob the next door neighbor,” she replies.
“Great!” the husband says, “Did he say anything about the $800 he owes me?”
Moral of the story: If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.

Corporate Lesson 2
A priest offered a lift to a Nun. She got in and crossed her legs, forcing her gown to reveal a leg. The priest nearly had an accident. After controlling the car, he stealthily slid his hand up her leg. The nun said:
“Father, remember Psalm 129?”Â
The priest removed his hand. But, changing gears, he let his hand slide up her leg again. The nun once again said:
“Father, remember Psalm 129?”
The priest apologized, “Sorry sister but the flesh is weak.”
Arriving at the convent, the nun went on her way. On his arrival at the church, the priest rushed to look up Psalm 129. It said:
“Go forth and seek, further up, you will find glory.”
Moral of the story: If you are not well informed in your job, you might miss a great opportunity.

Corporate Lesson 3
A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp. They rub it and a Genie comes out. The Genie says:
“I’ll give each of you just one wish.”
“Me first! Me first!” says the admin. clerk. “I want to be in the Bahamas , driving a speedboat, without a care in the world.”
Poof! She’s gone.
“Me next! Me next!” says the sales rep. “I want to be in Hawaii , relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas, and the love of my life.”
Poof! He’s gone.
“OK, you’re up,” the Genie says to the manager.
The manager says, “I want those two back in the office after lunch.”
Moral of the story: Always let your boss have the first say.

Corporate Lesson 4
A crow was sitting on a tree, doing nothing all day. A rabbit asked him:
“Can I also sit like you and do nothing all day long?”
The crow answered: “Sure, why not.”
So, the rabbit sat on the ground below the crow, and rested. A fox jumped on the rabbit and ate it.
Moral of the story: To be sitting and doing nothing, you must be sitting very high up.

Corporate Lesson 5
A turkey was chatting with a bull.
“I would love to be able to get to the top of that tree,” sighed the turkey, “but I haven’t got the energy.”
“Well, why don’t you nibble on my droppings?” replied the bull. “They’re packed with nutrients.”
The turkey pecked at a lump of dung and found that it gave him enough strength to reach the lowest branch of the tree. The next day, after eating some more dung, he reached the second branch. Finally after a fourth night, there he was proudly perched at the top of the tree. Soon he was spotted by a farmer, who shot the turkey out of the tree.
Moral of the story: Bullshit might get you to the top, but it won’t keep you there.

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High-performance entrepreneurship - the role of trust

January 5th, 2008 admin Posted in Good reading | No Comments »

A very good Knowledge@Wharton article on what it took Subroto Bagchi (ex Wipro) and others to set on a “high performance” entrepreneurship track, trust each other, and follow a very systematic approach to set up MindTree consulting from scratch.

http://www.forbes.com/2008/01/03/mindtree-india-startup-ent-manage-cx_kw_0103whartonperformance.html (alternative)

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Game theory and “tit-for-tat” strategy

January 5th, 2008 admin Posted in Good reading | No Comments »

http://www.forbes.com/2008/01/03/india-game-theory-ent-manage-cx_kw_0103whartonindia.html (Alternative)

This is an interview with V. Raghunathan, in the context of his book Games Indians Play: Why We Are the Way We Are. The tit-for-tat approach is practical - something a lot of people may already be doing. It could be more meaningful to follow it cautiously. Highly recommended as it also helps one to understand the “prisoner’s dilemma”.

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