I guess this is the question we all must ask before getting into a company and finally accepting the job offer. As when you are sitting in the chair and answering various question this particular thing rarely cross your mind, one is worried about walking the gates of a giant company and see some numbers credited to the account on a regular basis with dignity of a job well done.
Recent Satyam crisis came up because the top management presented the inflated balance sheet to protect its standards and keep its place or move ahead of some other Indian IT majors. The worst is that the entire board either pretended or for real were clueless about all this and said that they were only shown the data which was published in the annual report audited by the accounting brains of Price water house coopers. How are they to be blamed? Than forget how much the employees would know and what is going through their mind is very difficult to decipher and no one has asked what will happen to the fresher’s who were placed in this company which is? (was) one of those companies’s where many people wanted to work at different positions.
When you are in college, and prepare for company placement, you never ever for once think that even if you get a job you will have to search for options and insure that you have more than one offer. Which is not at all possible simply because in college you need to give other a chance so that this whole concept of providing placement to most of students is maintained and then you relax once the company has made the offer? What happens next is very simple you give treat and enjoy the moment of being a part of the chosen few who made it in the end. Trust me I have seen my friends and I know for sure that they never for once think that the company whom they have trusted and laid their hopes on might delay or might even cancel the whole recruitment process. Simply because the whole process is very quick and you hardly have time to think or see it from other perspective. Neither when you sit on the chair and are grilled on technical/managerial/aptitude/general subject you think whether this company is worth trying for. How many projects this company has? How many people are sitting on the bench? What is the current market position of the company? Who are its clients? Are they heavily dependent on one country or one big project? Etc. Etc. It simply never crosses our mind because we believe the management and the HR executive who visit campus. More than anything one is so in secured about oneself that doubting the company is something that never occurs even in the wildest dream.
But, doing this is easier said than done because what one goes through at that moment is something which can be described by the person who has been there and seen that no one else knows the level of competiveness which exists. Once you are out of college with a job offer in hand you start dreaming and shopping to just add some colours to this whole dream. There are so many people who have said not to put all your eggs in one basket rather keep the options open. But this rarely happens.
The failure of Satyam has sprinkled doubt in every company be it in IT industry or non IT industry and this recent recession is also influencing things in every corner. Because today, many are not relying on campus placement some have chosen to try for alternative off-campus and in case they get a better deal outside they will switch. Which might result in lesser number of people choosing to join the company they were placed but than its cool at least they don’t have to wait and they have new deals in their hands.
Although for a company this might be little bad because even they have targets which need to be adhered and showcased in the major yellow papers. It might be the college who will have to bear some pain because the company’s might not choose to come if people from the college don’t join and as a result lesser number of students placed in next semester.
I just hope that the Satyam saga is one of its kind and there are not other company’s who are doing the same things under the covers. I hope when I am reading a financial news paper I am getting the correct information regarding the deals/amounts/projects etc and even the company’s official website are not lying and are giving accurate information rather than fictitious data.
The future is very hard to predict simply because you just don’t know what is happening at the
top level management and no one knows whether the transparency the corporate leaders talk about is only words or whether it has some meaning and credibility. This is not the case with Satyam, I am sure where Board of directors/ceo’s etc had no clues about this 7000 crore fraud which was going on since months. There might just be many companies where similar situation might exist. I am not saying a fraud would be there but what I am saying is that there might be people in the board within the company who are not aware about the decisions made by top notch executives or the deals that were signed or how many people are actually sitting on bench as it might not be their domain so why? Bother.
At this moment of time I actually don’t know whether Right to Information includes this aspect or not but I certainly know it should and we must have access to some information which directly or indirectly effects our lives. Be it as a Fresher for the company/employee or as an investor. So that one could easily use the power of information and technology in the best possible way and make correct choices.
And they should definitely show the bottom line accurately!
By,
Tulika Jyoti Vardhan
Saturday, January 10, 2009
Tuesday, December 2, 2008
Waah Taj ……………………….... why? Taj!
A Building burns, testifying what is lost and what might be gained!
“The Taj” , Mumbai, we add an article before a noun to make it exclusive but here it is lot more than being just exclusive simply because it was or rather is a building that epitomizes royalty. I have grown up hearing stories on “The Taj” that here a cup of tea costs more than Rs 100 or Rooms are so clean that you are not sure whether you should lay your feet. It’s a hotel where all the rich and famous stay whenever they come to Mumbai.
I vividly remember the day when I visited the gateway of India; I saw this mammoth structure that made me feel very small and insignificant. I could see various small windows which had a person standing there and looking at the sea through binoculars and honestly I wished to see it from inside and have just one cup of tea if nothing else. But then it could not be fulfilled, hence I had to satisfy myself with a boat ride which was Good.
Just a couple of days back, not even in my wildest dream I thought that while I was sleeping this very building was burning in fire. I came to know about this in the morning and was shocked to see the view. Honestly it was like a sleek Hollywood movie, only the location, actors, Villains were real. One could saw reporters running from here and there catching hold of anyone who could spare a moment and describe it.
This is perhaps the first time when I saw live reports constantly in every channel. No matter what Mr. R R Patil says this is the worst attack till date and until something changes dramatically these kinds of things will continue happening. As it is not only the terrorist, it is the system which is causing this to happen.
As we know Corruption and Terrorism are two words with completely different meaning yet there is a thin line that joining them. Terrorism is so not possible without corruption. Even the religion is not as important as corruption is. What I understand when a bullet is shot it does not see who is at the either end. It just kills or simply goes on killing without any emotional or religious attachments.
Which is why I fail to understand that if I take an interview in any firm be it an Indian or a foreign MNC, I would never be entertained if I don’t match the skills that are required for the post. Politics is perhaps the only field where this doesn’t matter especially at state level.
This is just a small issue, but it doesn’t matter to these ministers who are often caught napping in these situations, Religion, caste, language and now region is a part and will always be a significant part of their road map for a seat. Thanks to the media which is doing an amazing work of creating awareness inspite of the fact that they dramatize events they are at least speaking boldly about things that are recklessly ignored by the politicians. They are making people aware and giving them opportunity to express themselves about what they feel. That is why people today turn up to media whenever they want to say something.
If media was not there then people who have resigned would never have done that, you don’t have to be Einstein to realize this. It’s high time that we as think ourselves as an Indian first than go by the vote bank politicians. I belong to Bihar which was at the receiving end of this regional politics and I completely understand the concern they have for the job which is being taken away from them but throwing them out is not the solution. People from Bihar and UP would never take what these terrorist have taken away. The reason why they migrate is because we feel things that are missing here is available in a big city like Mumbai same way a “Marathi manoos” dreams of going to newyork or Singapore or Malaysia. We are no different.
This might have happened in Mumbai but no matter which part of the country we belonged we all shared the pain and earnestly pray that this doesn’t happen again. Barkha dutt in her channel rightly said “Today we all are mumbaikars”!
As the time passes by we will be able to say with pride yet always in a somber mood as the scars will never ever go away…
“Arre Hazoor, WAAH TAJ kahiye”!
By,
Tulika Jyoti Vardhan
“The Taj” , Mumbai, we add an article before a noun to make it exclusive but here it is lot more than being just exclusive simply because it was or rather is a building that epitomizes royalty. I have grown up hearing stories on “The Taj” that here a cup of tea costs more than Rs 100 or Rooms are so clean that you are not sure whether you should lay your feet. It’s a hotel where all the rich and famous stay whenever they come to Mumbai.
I vividly remember the day when I visited the gateway of India; I saw this mammoth structure that made me feel very small and insignificant. I could see various small windows which had a person standing there and looking at the sea through binoculars and honestly I wished to see it from inside and have just one cup of tea if nothing else. But then it could not be fulfilled, hence I had to satisfy myself with a boat ride which was Good.
Just a couple of days back, not even in my wildest dream I thought that while I was sleeping this very building was burning in fire. I came to know about this in the morning and was shocked to see the view. Honestly it was like a sleek Hollywood movie, only the location, actors, Villains were real. One could saw reporters running from here and there catching hold of anyone who could spare a moment and describe it.
This is perhaps the first time when I saw live reports constantly in every channel. No matter what Mr. R R Patil says this is the worst attack till date and until something changes dramatically these kinds of things will continue happening. As it is not only the terrorist, it is the system which is causing this to happen.
As we know Corruption and Terrorism are two words with completely different meaning yet there is a thin line that joining them. Terrorism is so not possible without corruption. Even the religion is not as important as corruption is. What I understand when a bullet is shot it does not see who is at the either end. It just kills or simply goes on killing without any emotional or religious attachments.
Which is why I fail to understand that if I take an interview in any firm be it an Indian or a foreign MNC, I would never be entertained if I don’t match the skills that are required for the post. Politics is perhaps the only field where this doesn’t matter especially at state level.
This is just a small issue, but it doesn’t matter to these ministers who are often caught napping in these situations, Religion, caste, language and now region is a part and will always be a significant part of their road map for a seat. Thanks to the media which is doing an amazing work of creating awareness inspite of the fact that they dramatize events they are at least speaking boldly about things that are recklessly ignored by the politicians. They are making people aware and giving them opportunity to express themselves about what they feel. That is why people today turn up to media whenever they want to say something.
If media was not there then people who have resigned would never have done that, you don’t have to be Einstein to realize this. It’s high time that we as think ourselves as an Indian first than go by the vote bank politicians. I belong to Bihar which was at the receiving end of this regional politics and I completely understand the concern they have for the job which is being taken away from them but throwing them out is not the solution. People from Bihar and UP would never take what these terrorist have taken away. The reason why they migrate is because we feel things that are missing here is available in a big city like Mumbai same way a “Marathi manoos” dreams of going to newyork or Singapore or Malaysia. We are no different.
This might have happened in Mumbai but no matter which part of the country we belonged we all shared the pain and earnestly pray that this doesn’t happen again. Barkha dutt in her channel rightly said “Today we all are mumbaikars”!
As the time passes by we will be able to say with pride yet always in a somber mood as the scars will never ever go away…
“Arre Hazoor, WAAH TAJ kahiye”!
By,
Tulika Jyoti Vardhan
Tuesday, October 28, 2008
Following The Times!!
I just celebrated diwali yesterday and spended lots of money in shopping which wasn’t mine why?simply because I am yet to receive my first pay check. And I am not too happy about the situation I am thrown into because of the recession period. Honestly when I was in college I never ever expected that this would be so dramatic. Simply because college gives you hope and your heart is filled with dreams to achieve milestones. Even in january , when I was going for my final sem project I did not realize that IT industry would go through such phase.
A phase in which stock market is going down ,major investment banks in USA arel going bust, people are loosing jobs in usa and ya this had to effect India as we live in a global world no matter what the ministry says.Although I do not understand the economics of it as I am not an economic student but I do understand that petrol price have come down drastically and inflation which was going out of the roof has also managed to come down. But then value of rupees is decreasing.
Hence every company which deals in dollars is feeling the pain and that is coming down to every college be it small or big brands like IIT’s,IIM’s or any local college. As my friends who are going through placement procedure said that the package they are getting is way less than same time last year. And worst is the news reports that comes from every corner which states that even people who were placed by big mnc’s are getting regret letters instead of joining dates as this happened to 15 students who were from IIT Kharagpur which is one of the renowned institutions in the country. Even in company’s these decisions are closely guarded that no one has any clue and they have a fancy term coined for justifying these moves. In here they forget the effect on the student they have recruited but than Buisness is not done emotionally I guess. And yes its not your college where you are allowed to take so many liberties without ever being penealised like this.
Which is really sad as there is no time given when one can actually search for alternatives. At times when I see things around me I earnestly feel that I should give up everyything and just quit searching for anything. And I don’t know but some how it feels that one is not doing what one was supposed to do. I know its something written in every self help book that asks you to discover yourself. But than I am still doing that which is discovering “ME” as the days are passing by and cossing my finger with hope, aspiration and all the dreams that inspite of all this things will change with the new year.
AS nothing is as permanent as change!
By
Tulika Jyoti Vardhan
A phase in which stock market is going down ,major investment banks in USA arel going bust, people are loosing jobs in usa and ya this had to effect India as we live in a global world no matter what the ministry says.Although I do not understand the economics of it as I am not an economic student but I do understand that petrol price have come down drastically and inflation which was going out of the roof has also managed to come down. But then value of rupees is decreasing.
Hence every company which deals in dollars is feeling the pain and that is coming down to every college be it small or big brands like IIT’s,IIM’s or any local college. As my friends who are going through placement procedure said that the package they are getting is way less than same time last year. And worst is the news reports that comes from every corner which states that even people who were placed by big mnc’s are getting regret letters instead of joining dates as this happened to 15 students who were from IIT Kharagpur which is one of the renowned institutions in the country. Even in company’s these decisions are closely guarded that no one has any clue and they have a fancy term coined for justifying these moves. In here they forget the effect on the student they have recruited but than Buisness is not done emotionally I guess. And yes its not your college where you are allowed to take so many liberties without ever being penealised like this.
Which is really sad as there is no time given when one can actually search for alternatives. At times when I see things around me I earnestly feel that I should give up everyything and just quit searching for anything. And I don’t know but some how it feels that one is not doing what one was supposed to do. I know its something written in every self help book that asks you to discover yourself. But than I am still doing that which is discovering “ME” as the days are passing by and cossing my finger with hope, aspiration and all the dreams that inspite of all this things will change with the new year.
AS nothing is as permanent as change!
By
Tulika Jyoti Vardhan
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