Tuesday, March 28, 2006

B-School Entrance Interview Experience

A look at Balaji's B-school interview experience reminded me of my own interview few years back.

My interview happened in IIMB, and I reached the institute at 12:00 pm for a 2:30 pm GD. As it turned out, the previous batches of GDs were running late and the place was full of people who were tensely awaiting their interviews. Couple of them even said that they did not get much of a chance to speak in the fish market (It is another matter that they made it in the end and were my batch-mates for two years). So I was there just listening to the people awaiting their interviews and those who had completed their interviews. I was a bit tensed hearing that some of them were questioned on microprocessors and stuff which I had long forgotten.
My GD started quite late but I was by that time acclimatized to the environment. I had spoken to most people outside the GD and had a feel of everyone's background. Our GD topic was a case study. It was nice case with personal and professional dilemmas covered well. I spoke to my satisfaction making enough points and not being too aggressive. We were asked to wait outside the GD room and the interviewers started calling us one by one. At the sight of every single person coming out of the hall, I would get ready hoping it would be my turn. But I was the last person to be called in. While the interview of the person before me happened, I kept wondering why I was left to be the last. I consoled myself saying that the interviewers might have been overwhelmed by my GD performance and probably want to spend more time with me. Yep, I am a positive thinker!
When I took my seat in front of the interviewers the first question that came my way was, "Why do you think you were called the last?" Surprise, surprise, I had my answer ready. "Sir, I am not sure but it could be because you liked my GD performance and wished to spend more time with me in the interview". All three of the interviewers started laughing. One of them asked me, "Is this the answer that they teach you at the coaching centers?" "No sir, it's just a thought of mine"
The interviewers started taking turns then on. The first person questioned me purely on telecom concepts like PABX, ADSL and exchanges. As it was my forte (then!) I answered with full confidence. The second interviewer questioned on current affairs. Questions were on the Iraq issue, Cauvery issue, GK stuff like countries in more than one continent etc. The only blooper in there was that I said that Krishna water (instead of Cauvery) was the major problem between Karnataka and TN.
The most interesting questions of the lot came from the third interviewer who questioned in spirituality. His first question was, "Tell me a sloka from Bhagavad-Gita". My brain went blank. I couldn't remember any sloka and said that openly. But the interview kept on forcing me to remember some sloka and even pointed to the many certificates that I had received in school in Gita recital competitions. Luckily, I did manage to remember one sloka and felt relieved. As they say, every answer in an interview is a source of a new question. The interviewer wanted the meaning of the sloka, the context of it and my beliefs on what the Gita preached. We diverged into other topics like my belief of life that gave me enough room to use my creativity. In the end I left the interview hall content on my performance.

Friday, March 24, 2006

Alcatel in News

Alcatel and Lucent are planning a merger again (Check the News). This news takes me few years back in the memory lane when the talks happened before. It was 2001, the year of the recession. Both Alcatel and Lucent had descended from the high levels that they had seen earlier and were doing pretty bad. The main topic of discussion in office used to be the fall in share prices of the companies, and how the fall of one of them was much more than the other. The company that fell the most paid it's employees twice of what the better-off company was paying. I'm still not sure if they planned a merger or a take-over then. But the end result was the calling off of the merger with rumours that Alcatel demanded more people in the management than Lucent, while Lucent looked at it as a merger of equals.
Anyways, things are different now. The economy is booming and so is the telecom sector. Alcatel is posting good results and Lucent is also improving. This seems to be the period of mergers and acquisitions and this deal might also happen.

A coincidence - I came across another news article on Alcatel today. Alcatel has got a contract from BSNL. But the interesting part of the news comes from the statement,
"BSNL has made it mandatory for the bidders to set up a local unit either on
their own or through contract manufacturers who already have a base in
India"

Once again, this reminds me of the past - 2002 to be specific. It was then that Alcatel started "Alcatel Shanghai Bell". According to the company's website,
"Alcatel Shanghai Bell is the first foreign invested company limited by
shares in China’s telecommunications industry. It was born through the
integration between the former Shanghai Bell and Alcatel’s key business units in
China."

Back then there were apprehensions in the Indian unit of Alcatel that A-S Bell was set-up to take advantage of the cheap Chinese labour, which might result in layoffs in India. The fears were allayed by the news that A-S bell targeted only Chinese clients and was setup because there was some rule that the Chinese contracts could be given only to companies that had some base in China. Now, does that sound familiar?

Friday, March 17, 2006

Strategy?

I found similar sentences in the past few post-listing strategies given by ICICI DIRECT. I'm copy pasting one from the strategy given for Mahindra & Mahindra Financial Services ,
"short-term investors who have got an allotment may consider booking profits on listing at around Rs 240. Long-term investors may continue to hold the stock"
Where is the strategy in this? Isn't this the definition of short-term and long-term investors?

Thursday, March 16, 2006

Still Me

When a child's blunder
evoked mental thunder
A voice came so slender
"It's ok. He is still tender"

When things went bad
Making me feel sad
A voice uttered, "Don't be mad;
There are other thoughts to make you feel glad"

When misunderstanding mounted
Even those akin shouted
Then a voice reminded
These are people who really counted
Their anger is just to be discounted

The inner voice that spoke
Does make the thought evoke
Regardless of the outer cloak
It's still I rewriting my own horoscope

Saturday, March 11, 2006

Locus of Control

I wanna wakeup early everyday
But endup having no time to even pray
Who's the person behind this play?

All my rage, I wanna erase
All souls, I wanna embrace
But somehow anger keeps showing its face
Who's behind this disgrace?

In all work I wanna be sincere
But can't help but build some arrear
Who's behind this scheduling failure?

Into these questions I poke
A thought does evoke
Regardless of the outer cloak
It's I who rewrites my own horoscope

Monday, March 06, 2006

Alliances

The news of V joining hands with J has been the highlight of newspapers and channels in the past few days. After opposing J for so many years, after being arrested by her government under POTA, after cursing her even last week, V has joined with J.
For a minute let us forget whether the goals of their parties match (as if people actually match goals before making alliances). Let us forget if it makes sense to their political beliefs. Let us appraise the alliance merely by a political standpoint assuming that the sole intention is to win in the election. Does the alliance make sense now? Definitely not. What have these guys achieved? Let me draw a parallel for this scenario with the job hunting scenario. If suppose a guy has switched jobs very recently and gets an even better offer. What will be the major deterrents in his taking the offer? a) His resume would start looking bad with too many switches in too less a time - losing the confidence of future takers b) He wouldn't be able to make another switch immediately. This means that the guy has to spend a considerable amount of time with the new company. What does this give to the new company? A very strong hold. The new company can make the guy work like hell as it knows that he doesn't have any move to play for some time. This would be the same case with V. knowing that he can't go back to his previous alliance, J can dictate terms here. I bet V wouldn't get as many seats in J's alliance as he was about to get in the previous alliance. I just wonder how V missed noticing this big a goof-up.

On a lighter note, I see 2 new theories evolving from this extremely surprising move in the TN political scenario.

a) V's theory of relative attraction:
A political party's attraction towards an alliance is directly proportional to the number of seats allocated by the major party in the alliance to the prospective party, and is independent of prior relationships held with same or other alliances.

b) J's theory of black hole:
All parties, irrespective their past (including yesterday), will be absorbed by the black hole that is called the acquiring party
I) if the prospective alliance party exhibits friction in its current position/ alliance
II) definitely if the combining party is willing to have no will of its own