Yantrakaal

The Globalisation mantra is one that is routinely chanted by most sections of Indian civil society with the possible exception of those of at the xenophobic fringe, both left and right. However in the case of IIM-Bangalore we need to look at the issue from a slightly different perspective. Comparing an IIM with a Indian multinational like Infosys, L&T, Telco, ONGC or SBI or the IIM brand to something like Kingfisher is erroneous and to understand why let us look at the structure and charter of IIM vis-a-vis these other organisations. A shareholder owned company, whether listed or otherwise, exists for the creation and enhancement of shareholder wealth. If by expanding abroad, the management feels that it will earn more business and hence enrich its shareholders ... then there is no question that it must do so. But in the case of IIM, who is the shareholder ( or stakeholder ) ? It is the people of India, the tax-payer, acting through the Government of India who have set up these Ins...

The nomination of Mr K J Rao to lead the election process in the 2006 Assembly Elections in West Bengal has caused an eruption of euphoria in civil society. The expectation is that he will repeat his marvelous performance in the Bihar elections and by ensuring a fair, free and safe poll he will act as a catalyst for the change of regime. Unfortunately, this expectation may be belied and the budding hopes of Bengal's civil society may be dashed. Let me explain why ... Malpractices in the Bihar elections are easier to contain. This is because they are point events. A short burst of murder and mayhem, money and muscle power plus liberal doses of liquor and other meaningless perks ensures that criminals can get a ticket to contest elections and then win them. Such point events are easy to fix provided one has sufficient legal firepower , in the guise of central paramilitary police forces AND ( and this is a very big AND ) the courage and conviction to use it .. In this case this person...

The Constitution of India has been mutilated once again. This is the 104th time it has been done in the past 50 odd years and the purported reason is social equality. Reservations have been extented to private, unaided educational institutions. And who has done this ? People who, just a week before, have been caught red-handed on camera accepting bribes to 'act honourably' in their chosen profession. With custodians like this who needs enemies ? We have heard of the enemy in Pakistan, in China, in SriLanka, in Burma, in Bangladesh, in the USA, in the WTO ... we have also heard of commercial enemies that apparently trouble our commercial enterprises .. who outsell us in garments, in tea, in computer services ... we have heard of foreign trade unions demanding ban, or restrictions, on Indian programmers and we have heard of foreign trade bodies that seek to ban exports of Indian shrimps or put tariff barriers on Indian products. These are enemies we recognise and know how to deal...

Why am I obsessed with MMORPGs ? Because I firmly believe that MMORPG genre is the next big killer application of the same order of significance of Spreadsheets ( Visicalc and Lotus123 ... that took computers to every office desk ) and the Web Browser ( Mosaic / Netscape .. that drove computers into every home). An MMORPG is infinitely more fun ( despite sneers from the high-brow crowd) than the usual computer game because of the presence of real, 'intelligent' human beings on the other end. Actually it is less of a game and more of a community where you learn to find your way around a new world, much like what travellers have to do in a strange new country. The immediacy of virtual environment and the extreme richness that is possible is mind boggling. However building such a game is no child's play. You need complex game engines that deliver AI capabilities and then you have to add (a) graphics and (b) a compelling storyline. It is so expensive to build a game that it wa...

After years of reading about MMORPG Worlds, I finally managed to find a reasonably good one that allows you to play for free see ... Planeshift After a few initial hiccups with the software, I finally managed to create an account, create a character ( avatar ), upload it and finally join the game. It was good, though I understand that the popular commercial ones are better ... But as they say in Bengali, a blind uncle is better than no uncle at all. Jokes apart, joining this game gave me a fairly good understanding of what these games are all about. So what are they all about ? It is about a simulated world peopled by different races of people with each having slightly different characteristics. Is it not the same in our 'real' world ? In such a world, you have the ability to create one or more 'avatars' or characters and through them enter the world. Initially it is a very lonely place, as it would be if you were dropped into another planet and asked to find your wa...

Every year the Finance Minister tinkers with the tax rates. But let him also focus on the collection strategy. The income tax department is generally viewed with suspicion and there are many stories about corruption, extortion plus rude and irrational behaviour. Identical behaviour was the hallmark of DoT and the nationalised insurance companies. However there has been a sea change with the introduction of private operators in these fields. Both BSNL and LIC and it sisters are now far more user friendly AND efficient. Let us adopt the same strategy for tax collection. Let there be Tax Collection Regulator ( like SEBI, TRAI, IRDA ) and let it license multiple private agencies for tax collection in each tax circle. Each agency can be given a tax collection target and let them compete for 'business' from existing and potential tax payers. The finance ministry will set the tax rates and guidelines but the implementation will be done by these private agencies. Remuneration for...

Managerial effectiveness is a subject on which millions of words have been spoken and written about but there is sufficient scope to write a million more .. Here is my contribution to the evergrowing corpus !! A manager makes decisions ... If the decision turns out to be correct, he credits the team that has implemented his decisions. If the decision turns out to be incorrect, he takes the blame on his chin. Victory has a thousand fathers and there is no harm if that is the case, but defeat should not be an orphan. This inherent asymmetry between decisiveness and the consequences thereof is true not only in the field of corporate management but has a wider impact. In the armed forces or in the government, this reflects in the relationship between 'officers' and 'other ranks'. An officer takes decisions in the field and credits the team for success but takes the blame for disasters. However this analogy with government agencies is correct only up to a point .. because A ...