Sunday, April 13, 2008

time management

good tips on time management by Prof Randy Pausch. He has less time in life left and hence, wanted to share all these interesting tips . Its about 76 mins but would be well spent as against a movie or something.


Friday, April 11, 2008

google and the art of recruiting

"I said Google, not Sizzler, " says Micky Rosa, the kingpin for the card-counting affair and the MIT professor in the movie 21.

As innovative as they get, I love Google's recruitment strategies ! Last time I made a remark like this was when I interviewed with them. This time around I make this comment after watching 21.

The product placement of "Google as a prestigious job" in the movie 21 was brilliant. This truly exemplified the "context-sensitive" nature of Google !

In the past, I have seen cyber-sleuthing as a technique being deployed by them at a massive scale in an amazing way to fetch talent from the open market - now, this. Well, the firms thirsty for talent have a thing or two to learn from Google !

Tuesday, April 08, 2008

...truly world class? forex prudence is missing...

For Indian service providers to become truly world class, they will need to spend on in-house forex talent. Check out this case where the story suggests "Nishar said that company does not have have any in house expertise to enter into forex deals." from the cnbc article.

This indicates low risk-management maturity of the vendor. If the earnings are in USD and costs are in INR then one cannot ignore forex. In the past, I had blogged about how Infy couldn't manage its forex here.

I extend this hypothesis of managing forex better to any Indian exporter. If you want to have a sustainable business in a global economy, you must have economists and forex specialists at your disposal.

Business case for forex specialists?
Now, in case of Hexaware, Nishar can argue that he cannot afford to have a full-time position for just forex as Hexaware is relatively small. This observation leads to business-case for forex consultants. I am not talking about forex-agents, who sometimes claim to be forex consultants. I am talking about hardcore economists or forex specialists.

Govt intervention?
For India to be truly world class with the nature of companies it is coming out with, GoI policies need to incentivize forex education initially. Traditionally, everyone has been focussed on engineering and medical to such an extent that there is huge dearth of these other functions' personnel.