IT and IPO

Information and technology has changed vast landscapes in the world today
we all witness organisations adopting the technology for advancements, efficiency, cost saving, growth and so many other reasons
IT itself is a parasite industry it lives on the economies of other sectors mostly Banking, Manufacturing, Transportation, other Services . The range of adoption has increased over the course of years with US leading the way to Europe and now Asian organisation following the suit

Organisation today adopt technology in various levels and mostly in the growing stages of the organisation this technology creates a difference. A small organisation takes a minimum outlook in IT investment which grows as per the needs whether there are billing packages to be installed or stock accounting or any mailing application etc. it grows as the needs grow bigger

ERP packages have been there since so many years especially with SAP, JD edwards, Ramco, BAAN etc. and with CRM and SCM packages following the suit there are varied expert packages available to fix unique requirements of Organisations across the globe . The idea for these packages are to run the automation of various departments and interlink multiple functions within the organisation so that host of data and workflow can be managed within the same. yesteryears of ERP adoption were only for the automation and integration of various departments by making the workflow standardised. Today the same workflow is a Process standardisation and organisations today understands the valur of PROCESS standardisation with the best in the Industry
SAP bought this concept of Process mapping with BEST in class. normally this happens with picking up of the best organisation running the package and than mapping its processes with the new customer looking deeply into the current methodologies and blueprints. And when they are implemented it streamlines the organisations work and efficiencies adoption so that they are more focussed into the business they are in , more accountability comes into picture and restores faith in many department with exceptional transparencies

ERP decision has been cumbersome all the while with organisation taking multiple look before taking their call, apart from commercial implications there are hurdles in the mindset of the employees, hurdles of disfigured processes and workflows which post enormous challenges before an organistion takes a call on ERP packages. History says the propulsion is mostly from the top and the motivation is the automation and integration for a best in class processes automation
A NEW outlook to adopt IT and ERP or Software packages have risen over the times, mostly seen in developing economies when an organisation is looking to grow big by raising capital in market or equity with private player they are asked to show their operations efficiencies in this IT PACKAGES plays a BIG role. They not only streamlines the idea about the organisation it also gives an impression of efficiencies and here is the image criteria comes into being

The moment process are stramlined with a world class software packages mostly organisation call for raise in capital and expand their plans, this has worked very well in many constructions and manufacturing organisation in South india where they have adopted the ERP packages and than gone for the IPO where they could generate a lot of interests
this is an interesting trend where IT is showing the way to increase the transperency and improves the level of attraction , generates a very high interest among investors resulting into a very high evaluation of an organisation

This trend is going to continue over the course for times to come as is there are very less organisation going to a listing route, still they have started taking notice in investment on IT and software packages. We would witness different trends which will surprise us but the crux is
IT is going to change the level of organisation and its stand in the MARKET, it is going to give IDENTITY to an organisation's efficiencies and would certainly make a great impression in the mind of shareholders




Today ERP decisions are

My Country -My people

I don't have words to express my fear and the concern to address my faith
witnessing what all have happened in past 5 days makes me loose sanity to what all I live for
echoing my blames either on terrorists, politicians or pakistan whosoever it is the desperation and disapointment is not coming to an end.
Who knows which next turn, what next moment will be the last, the uncertainity is gripping so much that even the refuge of spiritualism not giving relief

Mind stops to relax and gets alerted to newer dangers that when would be my turn.
I wonder being in cities the longetivity of ones life has more chances to end, you will face more options to loose your life whether it is terrorist, or some accident,or if atall you are left than pollution and stress are there to take you heaven

MY country and MY people are all engripped in fear of uncertainity and disillusion, whom to trust, what to do, how to gear up and make things much better. Stronger and safe
Many luminaries are thinking and designing solutions, govt. is taking steps doing some shuffles in the positions and changing the officials but where will all come to stand still

IS this country worth enough to look in to the eye of storm, storm of terror, storm of financial meltdown, storm of misleading leaders.
I wish i would have got answers to this... there are steps to be taken , things to be done
and here I am doing one of my contribution .

I will change the way i plan and do the necessary to contribute.

Change the world

Barack obama became the first BLACK president, the world was never same again. It has been a unending quest for equality which non whites have been fighting eternally. It was the quest which MArtin luther king made very obvious and honourable to fight for in US .

where all this fight has gone, it seems white and non whites have been pushing each other everywhere, I still remember my days in Africa where whites were dominating the blacks in there own countries. Exporting the raw material and bringing them COCACOLA. The atrocities that South african english govt. did on people in SA is well known even today where one man NELSON MADELA stood for freedom following the principle what our insipid but steely determined GANDHI taught to the world( Non Violence) who dares wins.

Today the world require far more nelson madela's and Gandhi's where people are more torn apart with the lines of color , religion, origination and prosperity. We stand wondering what will happen had the civilisation not happened. People must have been eating on each other .





Coming back to OBAMA: as he said to people that he is not elected because he is what he is .. heis elected because he is the best contender to take them through the tough times of : 2 wars, Economic crisis and planet under trouble. As he said it may take a year or his tenure but we will together as a people of AMerica " YES WE CAN "





I must say what will happen to the muslim terrorists where USA president is seen as a enemy number one, seeing obama who is son to a muslim father twice ( one his biological father, other one a step father) how will they still think that OBAMA can be a enemy of muslim, as he himself has the seed of them, perhaps they get confused and loose focus on what they do.





keeping in mind what will change in this world to come lets hope that we emrace the change that has occurred on one part of the world which holds a large significance to the destiny of many countries and certainly will look forward to stability

chasing the sun

pondicherry

Shareholder turmoil

WAMU surrendered to its deamons and JP morgan spotted the opportunity.
Distress sale by Fed on the fear of loosing everything, WaMu management could even gather what happen and they are bought to their feet with one swoop

What are the architects of financial system are doing today ? Just seeing hopelessley the system they made close to free economy which drove the world. What could have been the cause of errors.The plight of shareholder who have invested in WaMu, Lehmann is undoubtably killing
How will the system will secure itself and be robust enough to cater to new challenges

Pullicat lake sunset

Sunsetting at pullicat lake

questioning the school of thought

with all the trauma and turbulence in the world market, starting from the the cronicles of Sub prome meltdown, Countrywide bought over by BoA, Bears and Sterns falling; Freddie and fannie groping for help; Lehman brothers succumbing; Morgan and Stanley looking for partners ....

I wonder what would be the new case studies going to be in B schools across the world who feed the management students with the foods for business. Are they going to postulate a new theory or we would witness a great case study .

All my life I have been worshipping the iconic factories of business schools of America who base their theory on productivity&profits considering the developed environment as a breeding ground. Today many theory stand to dilute their survival whether they were really true

Business schools teachin the nitty gritty of financial systems across the world, forecasting the world economics projecting the numbers in the balance sheet. formulating a theory to click in wall street. All is to be questioned today knowing what all they bragged and postulated ... does it all establishes a business that truly stays
Today if we account of what we have lost is the trust .... trust on the system what wall street was made of, a trust of what wall street stands for........
Scholars have ran all their lives studying factors taht affect the financial system, handle risks and controlling the organisations worldwide why today we could not figure out that windfall

I wonder the reasons to answer why a $50billion company is no more and why stock brokers whose lives every one envies are winding up their trades and shops. isnt that all they bought the most efficient, affluent, iconic system to halt was the GREED................................

Time will tell that it was good or bad that Sub prime investments done by all the banks, funds and institutions were valid or not . Today I see the shambbers

There was a time when the hedging and mortgage bonds , subprime security trading were the biggest money making theme which all lusted for. Salomon brothers perfected the art and later on it was picked by all the wall street bankers across . Organisations build their name, fame and profits on to it. Brokers made their hefty commissions on each trade that happened on the dance floors of the stock markets . Who will say same is the reson for all the downfall.

My mind stops answering to the questions that what would be the new world finacial system be..
organisations still demand money to fund either their growth, expansion buyoout and stability
money is still there but who owns it today , who are the new stake holders going to be . what wouild be the channels for that . I know every fin kid would be looking to answer some of those questions

lets see the new world system of business where these fin major use to play a major role find new ways to support thier life lines. And here all what howard , Wharton, stanfford, Wales &LSB's of the world woudl change the way they teach

Control on choices

I always believe that every man is linked to the threads of his conscious and sub conscious . Destiny is written by man himself, but there is also a undercurrent that works within your realms of what is visible and what is not . This undercurrent can be either followed through intution or instincts .
Every life undergoes trials and tribulation, whether it is mammal , reptile or insects . Understanding this through the eyes of faith or religion . The modus of life is already fixed

Here is what comes handy is the right to "CHOOSE"
Well even if every thing is just written on the wall , or it seems everything is just set still a man always gets the chance to have a preposition . To choose or not to

And there you change the course of lives and destiny, Lives courses and its experiences changes from that moment for ever . And that is why it is said

" MAn is the Architect of his own DESTINY"

Mortgage CRY!!

I love Indian Railways

Why l love Indian Railways...

I travelled through many trains in India and here in US too with all my reflection the diffrence one will always say that Rail services in Developed nation are much better ( neat clean , on time ) but there is something terribly wrong in this whole system... people dont seem to enjoy the journey...

A Platform crowded with stalls of vendors , some vending machine , some police wala passing time with themselves or eating khaini . A red shirt man carrying bags and baggage to the bogies and trail of people following him guiding him .some carts passing by selling some articles, some food items ... on tracks a stray dog sniffing, rats running through the holes and people checking the reservation charts far by ... checking as if its another university result for them ..
This is my Indian Platform .. It may sound really awful for westerners that what the hell theplace is ... As there they have those neat clean stations, where you get electronic tickets, nicely dressesd Guard, ticket checker , automatic doors in trains, Air conditioned compartments , cushioned seats, cleaned compartments.. enough space for people to sit capture one of there liked one..

But IF you see carefully none of the passenger talk to each other... they either pull out there Laptops, novels , magazines.. or a small cake like machine which i find is a boon to this type of society ( IPOD ) they call it ...Well you may say the boon of technology or the bane for human interaction you will find less people interacting except if they are in Group ..
the same notes are given tome by my friends who have travelled across europe

So here we are in this part of the world.. even one person boards the train atleast asks the other passenger " bhaisaab kahaan tak ja rahaye hai "

Well this is missing in the most civilised society .. as they say ...they dont talk to people...
is that what development does to people..

Economics

As the economy progresses we witness the windfall of taxes . In some way or the other the administration wants to get a a pie of what you earn , get or gain.
Recently I read a white paper written by learned professors of some US university . The research was based on rating the countries economy on the standards of people having enough cereals to eat, population control, Birthrate, Fertility rate etc etc.
According to there research its all linked. The research says in Developed economies it is observed the birthrate and death rate are stable and mostly found out that birthrate can descend and death rate too descends . It is commonly fact that in developed economies the health services are much better and the life expectancy is high. But the problem just like what US/UK/Denmark is facing is more and more people of retired age and more is the pressure on pension revenues, state health care system, more pressure on subsidies. I am not stating here that the elderly are too heavy to bear , the idea is indirectly the state bears the pressure and some way increase the taxes.

Developed economy faces this in much later stages in case the population rise is far more than the rate of health care system expansion.
The developed ones are facing the other side of troubles which is taking toll on many state machinery and big corporates we all know about the GM/FORD high rising pension burden stories . taking toll on these companies forcing them to shut many shops.

In some way high taxes in an economy forces people to produce more... earn more... well the fundamentals of this statement is yet to be supported with data but the idea is possible...

it is said that taxes kill business.. but in an ecosystem where taxes are uniform and higher the production and the earning can be pushed to the limits to sustain a living . Any how it is just an idea the pressures of taxes is more visible on developed countries than developing because there is always someway or the other grey area to elope from .
Indian next gen is witnessed to pay higher taxes .. they say it is good to the system , more money flow will generate more employment, better infra...
they are not shy to pay more taxes... this is a surprising fact witnessed here.

Even if India stands low in percapita rice/wheat production in worlds standards but the amount of people involved in its production is higher than many populations of many countries.
and this over engagement on agriculture gives rise to the spillover of employment on other sector for eg. manufacturing and services.This holds good considering the number of people working in developed countries and produce they give on production per acre. the reason here will be given as high class machinery , fine seeds, good fertilisers and pesticides . It holds true but to discuss the labour in this condition is a good idea.. number of people working in agriculture have decreased and gone to other sectors.


this is what will happen in India and so it is not a problem people come to city for jobs this is in fact a good indicator to growing economy.

The NRI trap

We All know India was facing a big brain drain few years back, bright talented people with grit to make good out in their lives and for there family trusting there fortunes get on with there journey to different parts of the world . Each one having some dream in there eyes and wants to have a better life than what was supposed to be in India. With promises most have made a good out of what ever they got.
Our ambassadors are spread across the world mixing, adjusting and suiting themselves to the different cultures.

But as they have left India after some years back home things started to change, India started to explore what it always had in store .Opening of markets, growing middle class. Money chasing all the markets and Industries. Billions of dollars invested from Echelons of the Industries suddenly this country started to shine. Across the world the buzz became louder that this country is going to challenge the world’s biggest economies

In the mist of all the changes in the eyes of the world, our India’s image in many of our NRI’s has not change . Things still remain the same for them, India doesn’t suits there life style, life is cheap in India. Things are so improper problems of corruption, illiteracy , lack of infrastructure, poverty still clings on to like a anaconda.

Its almost a sort of confusion what NRI’s face the place is still the same for many . Those who are looking the brighter picture are even looking for packing there bags back to whre they belong.
The world is chasing the money and opportunity in that part of the world the very own NRI are still lurching on the thought that there is lot of filth and trouble in that place.

The funny part is that the other community and nationality is giving hats of to the engines of India Shining but our those ignorant NRI’s are still on the same thoughts of broken roads, failing electricity systems, lines for kerosene and rations, Corruptions with the havaldars , illegal encroachments etc. and cry for the murders and rapes happening as if there is none, in the other parts of the world . I am not getting critical for the NRI but then it is high time that our real ambassadors change the mindset and see that the juggernaut called INDIA has started to arrive in almost all the platforms resting sports , we need to work more in that .

Effect of pluto

The ruling by the world's top astronomers to boot Pluto from the planet category is sending shock waves through another set of dedicated stargazers: the world of astrologers, who are mulling how this turn of events might affect our moods, our lucky numbers and our chances of getting a date

Well as Pluto is been demoted to a dwarf planet category there are several to join : Xena an asteroid has been discovered which is there in the dwarf category. But many astrologer believe the importance will not go down instead it will provide a new meaning to the Astral charts .

Some believe that the demotion has changed its role in charts now , what all they say is all to themselves because they only understand what it means


About Pluto in your chart :
Pluto supplies the energy for the evolutionary process whereby outmoded or dysfunctional entities are transformed through death and rebirth into new ones higher on the evolutionary path. This outmoded entity is often a part of our ego with which we are identified, and without which we feel we cannot live. If we resist Pluto here instead of surrendering to the necessary ego death and personal transformation, mental illness or even breakdown can occur. Pluto causes the disintegration of psychological blocks obstructing our evolutionary growth. Its energy comes from the core of all things, and is the most intense and potent there is: atomic, nuclear, sexual, kundalini. If we allow the fear of the death of some part of our self to block it’s process, the result can be catastrophic.

Further reading
http://www.timboucher.com/journal/2006/09/03/pluto-in-astrology-what-now/

Financial quotient

Why do the Factories work in low capacity?

The Answer to the question with every layman that why if a factory has a capacity of X units actually operates in under utilization of full capacity i.e. (X-dx) unit

The answer lies in the facts of sales model
It is taken into consideration that Net working capital when calculated in the form of percentage of sales the growth is shown ideal but that is not the case in actual life, There is already some Working capital involved more than required and the Net working capital is calculated by adding that amount already involved added with the percentage of sales

Networking capital=mY (m stands for the percentage factor &Y stands for sales revenue)
Actual Net working Capital =$50+mY

Another factor is when firm operates in full capacity then to show the rise in sales figure gradually it is not possible unless there is new investment on fixed assets like plant and machinery whereas it becomes easier till a point to add sales if the capacity of the plant is under utilized.

After a point for a small increase in sales one has to undergo a investment on the plant and machinery .
In this Till point A to B the plant can show the increase in sales growth without adding the capacity but after the point B it becomes real necessity to increase the capacity utilization

Competing with the customer

In service Industry Competition has taken its own transformation .Today as a Service vendor sells a service the primary concern for the Market aspects rises from Market dynamics, Market size, Number of Players,Market share etc.
There is more to this concern as can be seen as a potential in near future - Customer themselves. There are many things a Person does themselves so that they don't have to return to the vendor and spend more money .
this is a Marketing challenge for many Organisation which are generally into the Third party services , Customer premise services, Maintenance etc. The examples does not just spreads to the realm of household services of plumber, electricians etc . even the Corporate world faces the same .

Actually to be seen in a bigger picture this is not a issue at all it has always been like this , any one who can venture on can " Do it themselves" but then how can this be fought in a market place is a tough ask.
there is no clear bound defined paradigm and periphery under which a " DO it themselves" service can be defined ,but in reality this happens with every one . How can a Basic maintenance Organisation come over with a tactic to curb this tendency . AS Phhyschologically this tendency is natural and happens with every one .
AS a human an activity is tried first and then asked for help .

There are many aspects to this physche but my article will only base this as an assumption that there can be a way out to market a service to Compete with the " DO it themselves" tendency.

India Bets

On the arrival of March 31 there is no more bigger scare to salaried class than the tax saving grind.
Every one goes through this more over every salaried person undergoes the same fright every year that whether the savings enough , whether one will be able to save the tax and keep the govt. goons at bay.So here is another way of looking at this the promotion of savings to be done by each person at the limit of one lakh under which things like - ELSS MF, Edu loans, Infrastructure bonds, PPF, NSC, POST office savings comes in.
Well so most people look for faster way to earn and they look on to Mutual funds where the view is they give bigger returns than instrument mentioned . Flip side is they have there risks but as many are betting on the Indian Economy and running bull market the bet is like promising risk which is too hard to leave by.

AS the growth story goes on and on and many making millions every small investors mainly the salaried class looks into this opportunity .
So her eon a opportunity to bet. Bet on a Fund manager who is running some fund by some Asset management comapny with the likes of HDFC, SBI, ICICI, REliance, Sundaram, ING, Principal , Birla etc.

SO how can Govt. still thinks of banning on betting well they say share market is not betting well it is right in some sane senses but what about insane senses .
Well this is sheer pleasure of betting on the growing story of Indian bull market .

There is ban on betting on Cricket, sports . Ban on playing roulette, poker. But there is no ban on Derby, no ban on lottery and of course betting on some share , some company some person who owns them ..
There is some reasonable explanation done in every legal and illegal activity by every govt. across the world and most have the same funda .

anyhow each of us are onto the same betting on the investment of there hard earned money to give returns some day .. poor Middle class

Ferrari: My Beast.........

Ferrari: My Beast.........

India Winning

Tata Wins Corus

On the Eve of last day of January 2007, Tata finally got hold of Corus at 608 pence per share . Winning against the war against CSN . Well the story is is such a big news in Indian Corporate that one cant stay away from being jubilant about it. Well as a company Tata steel has played a big gamble paying more than what the corus deserved .The Management of Tata steel says it will be reaping benefits in 3 years. Now technically we speak about this than the deal has burn holes in Tata's pockets . They may not be worth that much $11.3 Billion but there name is such that any banker is ready to put bet on them . 100 years of history . The biggest corporate house of India having varied interests in - IT, Telecom, Tea/drinks, Retail, Steel, Automobile, Metals, Components, hotels, Consumer durable, FMCG what not.
9 times the EBITA is the value they paid with ultimately CSN would be laughing its fortune as the company itself is a shareholder in Corus.

But then this is moer to do with pride , I would like to commensurate the courage what RAtan tata showed in getting up to his decision that yes they will buy this. He knew that if tata steel has to do good it is now because seldom such big organisation are put to sale. The golden opportunity to make into big league see as they have climbed to the ranks of being No.5 producer in the world no wonder the deal has done wonders for them.
Tata group time and time have been accused of being complacent, uncle auntie company which has a rusted machinery . Tey are not quick to respond to market like the new age business gurus lf likes of - Bharti, Ambani, Shrinivasan.But see with one deal things have changed in the minds of public. Now TaTa is a new age energy symbol to chalenge the world that yes we are there and we can put our name in the big leagues of the world.


The most promising thing is Tata steel is so indian that every one has the connections with it it has grown within India with Indian minds and labour workind day in day out making the cheapest cost steel in the whole world.Well All news channel came up with the buzz of Brand India has arrived yes we are sure with two or three more such bg deals the world will suddenly wake up that yes this country has lot of money. RIL is looking ahead to bid for GE plastics well if that goes through they also are looking at $10 billion+ investments, already videocon, subex, Ranbaxy, dr. Reddys have done bog ticket acquisitions . And evidently its for sure that more will be coming .

To surprise the world here we come ....

India in the middle of mortgage outsourcing

In a tough business environment, mortgage companies need to think outside the box and ally with outsourcing partners who can provide innovative solutions to leverage the full benefits of global sources.
With the latest Nasscomm report of ‘Mortgage outsourcing to reach $1.1 Billion by 2010 ‘ making Indian shops jump in joy. As with growing competencies within the operations of BPO’s the focus has already gone a paradigm shift from being a non-core service provider to Critical services provider.
There is rise of different process outsourcing in Mortgage domain, which is a luring opportunity for the players across the globe to gear up and grab a pie of this cash rich opportunity. The mortgage lenders in USA, UK and other Developed countries already depend on services of software which is essential mortgage technology starting with Loan origination systems, Mortgage banking solutions, to workflow management systems etc. The need is not just stops there with margins in loans dwindling the cost reduction pressure have triggered outsourcing in big level.

Mortgage outsourcing trends is not just for conventional processes of loan origination, Document preparation, underwriting, collections and settlements but there are discrete processes like title preparation, title searches, flood certifications 1003 data entry with processing, Settlement, HUD preparation, escrow management, lien management and many more
On the parallel side there are trends of virtual loan officers fast catching up, here the employees does the lead generation and completes the 1003 form. The US office conducts the credit checks and offshore professional competes the form and then on they also do the underwriting process and finally sent to US office for final approval.

To support the trend of outsourcing it is believed that when the operating models will mature and gain acceptance, it will have the capacity to help mortgage lenders reduce their costs and improve customer service in better way. This observation can be derived from the contemporary process efficiencies attained by many players such as – Genpact, WNS, IBM – Daksh working in India who are not only writing the rules of the game but also standardizing the models for others to follow. The mortgage lenders may also leverage offshore resources to find new customers and process a major portion of the loans in a low-cost environment.


New horizons…
MISMO the MBA (Mortgage Banking Association) body is pushing hard for the wide spread adoption of Electronic mortgage which we call eMortgage. The great revolution is on the verge that will trigger deeper impacts to the biggest players in the Industry. The rules are going to be same; same scrutiny of documents, same scrutiny of signature, same credit checks and credit score assessment but the operation and approach of these activities will change for the good.
Operations in eMortgage broadly divided as Pre closing, Closing, Post closing, Recording and servicing and the vast opportunity of – smart document tracking, e Packaging, Compliance checking, Underwriting, eVaulting and other closing services making the whole picture of process driven ecosystem; With the gaining adoption of eMortgage these processes are going to be a cause of concern they will make or break the businesses. MISMO has already laid standards to run the processes but the operations of these processes observing synergy is the trick to conquer.
Outsourcing of consulting services are also the upcoming opportunity that is coming to hit the offshore centers the transformation of outsourcing for routine and mundane task is going to pave way for knowledge driven expertise run by KPO’s. The services in demand are Disaster Management, eSecurity, BPM, Electronic quality control, Compliance standards adoption and certification, Staff training and many more
The Landscape
There are many players already servicing to the mortgage outsourcing in India with Tier I comprising of IBM, Genpact, Equinox, WNS, Infosys BPO etc. and Tier II – I Gate. Nirvana, e4e, Global Indecomm, I-seva, Vision net; what is observed is many players are acquiring and expanding their expertise to meet the demand of the Mortgage Industry outsourcing. In the current scenario the bigger players are looking for higher margin business opportunities which they foresee in the form of eMortgage process outsourcing and consulting services but Industry is underdeveloped for such leap of operations, in coming times the Conventional operating processes are expected to bring a new wave in BPO’s. There is going to be surge of investments, with space for every one from large player to midsize and smaller outfits. All can serve this new opportunity of BPO. Bigger lenders will outsource to players who have relevant competencies, expertise and certification this is what triggering the buying spree which has happened in form of Genpact buying moneyline lending services, WNS acquired Arizona based Tucson, I flex buying equinox, Office tiger buying mortgage ramp. The trend visible is, almost all the players are either adding up newer services, Ramping up the operations, increasing servicing lines or building competencies, getting certification, buying licenses otherwise partnering with US based players. It is evident that time to market is everything to grab the opportunity