Management Thoughts and Quotes

MBA Schools in India

• About 1500 Managemt. Schools• About one lakh graduates/annum• TN has 105 Business Schools• Top 100 B Schools – Pune has 9; TN has 6• Ranking : LIBA 34; PSGIM 39; BIM 44; Amrita

IM 47; RECT/NITT 70; Inst. for Tech. & Mgmt. Chennai 97.

The IIMs of India - Existing

• Ahmadabad• Bangalore• Calcutta• Indore• Kozhikode• Lucknow

The IIMs of India - Proposed

• Chattisgarh• Haryana• Jharkhand• Uttarakhand• Jammu and Kashmir• Rajiv Gandhi IIM, Shillong• Tamil Nadu

Employability

• NASSCOM Report • McKinsey Study• Only 25 % Engg./Mgmt. Grads. employable• Only 12% of HE cohort enter University• 160,000 Indians go abroad/annum for HE• Over 50 yrs. of under investmt. in HE• 450 Univs., 20,000 Colleges & 12m Studs.

Research & Development

• ASCI reports 80% of Indian Cos. –zero spend on R & D

• No. of papers in Internatl. Journals:• India China• 2000 11,000 10,000• Now 19,000 50,000• Reduction of Science content• Analytical, Design, Innovation Skills

Shortage of Faculty

• IISc, Bangalore : 210 for 478• NITs : 2603 for 3747• IITs : 2983 for 4267 [Lok Sabha,Dec. 2009]• Paucity of qualified Scientists for R & D• Need of the hour: A Scientific Culture• Natl. Foundn. For Sc. & Engg. Proposed with

Rs. 1000 Crore budget/annum ! -- PM

Management Jargon-1

• SWOT Analysis• TQM/ ISO• Turnover• Inventory• Production/Productivity• GDP – 3 Sectors; Per Capita GDP• ERP – SAP - BHAN

Management Jargon-2

• Bench Marking• Q1 Profit• Operation Research• Tag Line• ITES• Decade/Century/Millennium• Million/Billion/Trillion• Mega/Giga/Tera

Management Thoughts-1

• PLATO : The beginning is the most important part of the work. Truth is eternal.

• DESCARTES : I think, therefore I am.• Chndogya Upanishad : Where there is

creation, there is progress.• KURAN : God helps those who persevere.• Sir ISAAC NEWTON : If I have seen further, it is

by standing on the shoulders of giants.

Management Thoughts-2

• Think! There must be a better way.• Knowledge is the antidote to fear.• GARY PACKER : The harder I worked, the

luckier I got.• When the going gets tough, the tough gets

going.• The best photograph in the world is no good,

if it is still in the camera

Management Thoughts-3

• Management : To manage men tactfully!• Managing the certainty is routine; managing

the uncertainty is the real thing.• Planning is commanding the future, rather

than being commanded by it.• If I have 8hrs. to chop the wood, I would

spend 6 hrs. sharpening the axe.

Management Thoughts-4

• Sir Arthur Conan Doyle: It is a capital mistake to theorize before one has data.

• The test of an organization is not its genius, but its capacity to make common people achieve uncommon performance.

• R L Stevenson: An aim in life is the only fortune worth funding; and it is not to be found in foreign lands; but in the heart itself.

Management Thoughts-5

• To love the beauty life imparts, To know the joy of giving, To hold a song within your heart, This is the art of living! • A good organizl. Structure doesn’t guarantee good

pfce., just as a good constitution doesn’t guarantee good Presidents; but poor organizl. structure makes good perfce. Impossible.

• Don’t keep a dog and bark yourself!

Management Thoughts-6

• Graveyards are full of indispensable people!• If you offer peanuts, you’ll get only monkeys!• A cheap employee is very costly!• Hire people smarter than you!• NAPOLEAN : There are no bad soldiers; only

bad officers!• The human mind is like a parachute; it works

only when open.

Management Quotes-1

• The woods are lovely, dark and deep, But I have promises to keep; And miles to go before I sleep, And miles to go before I sleep! – Robert Frost• Change the traditional role from: Commander to Coach; Manager to Mentor;

Director to Delegator; One who demands respect to One who facilitates self respect. Dr. APJ Abdul Kalam.

Management Quotes-2

• Jawaharlal Nehru’s Convocation Address at Allahabad University in 1947 December:-

A university stands for Humanism, Tolerance, Reason, Adventure of Ideas and the Onward March of the Human Race!

* Martin Luther King : Science has overcome religion; therefore we have Guided Missiles and Misguided Men!

Management Quotes-3

• Martin Luther King : In the end, we will remember, not the words of our enemies, but the silence of our friends!