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Showing posts from 2020

Partha System in your daily life

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During my MBA at IIMK, I had been fortunate to do a Summer Training at Rajashree Cement Plant in Gulbarga, Karnataka. Though the project was about IT systems, my friend, Amitabh and I also got exposed to all aspects of the business. One interesting concept was the Marwari system of accounting called Partha. Essentially, it gave a single-page P&L snapshot on a daily basis. To put it in one sentence, it meant answering the question "Aaj Kitna Pada" or "How much did it cost to produce 1 unit of cement at a plant?". This deceptively simple-looking number sums up everything that goes on in a manufacturing setup. Over the years of a completely unrelated work experience, this learning has somehow stayed with me. And I tend to deploy it in my own personal and professional life. Here's how you could do it too: Didn't earn my "dehaadi" (daily wages) syndrome - At the end of some days, do you feel that you haven't earned what you are getting paid for

Worried about teaching online? Here's how I did it!

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With the Corona scare, a lot of teachers in schools and colleges are being asked to teach online. It can be a nerve-wracking experience for a teacher who has been in the habit of teaching in the classroom, looking at students' faces and relying on their body language to gauge their interest and then to improvise. I have worked as an online tutor, teacher, mentor and trainer for a long time. In fact, as a small group of tutors engaged in tutoring middle school American children online, we would have been among the first ones back in 2005. The international media ( Wall Street Journal , The Guardian , Rediff ) covered the pioneering effort quite well and the e-tutoring industry was born! The current situation has pushed us into this territory and it is up to us to make the best use of this phenomenal education technology. The transition is challenging, more so for the teachers than the students. Our learners today are more online than offline- with their multiplayer games and

Cosy up to AI

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Among the nay-sayers of Artificial Intelligence (AI)-ridden future, the popular refrain is that things can quickly get out of hand. Also, that AI can never beat the human brain and we can definitely live without it. Well, the dreaded animal is already living among us and kinda living cosily too. AI has been around for decades now, snuggled into our cars with Google Maps. I often wondered how did it know if the roads were jammed or free without having someone (or something) to inform it from the ground. But that would be nearly impossible. That's where AI came in to help. Data doesn't distinguish between countries, cities or villages. For AI, it is just a set of data and it's power lies in how the data is analyzed. On a Sunday afternoon, I got stuck in heavy traffic because I didn't start Google Maps before departing. I am certain that this snazzy AI tool would have routed me through an alternate route and saved me half the time! There are two problems that humans