Decoding the Reliance-Aramco Deal

Decoding the Reliance-Aramco Deal

Great Lakes Institute of Management, Gurgaon, student Surya Jain talks about his opinions on the Reliance-Aramco deal.

An investment in Reliance Group, rather the biggest one in its 53-year history, might just result in one of the largest ever foreign investment by any overseas company into India. This investor is none other but Saudi Aramco, which is not only the world’s largest and lowest cost-per-barrel producer of crude oil but also the most profitable company in the world [1]. This company is in talks to invest a handsome amount in the largest private-sector corporation in India.

Great Lakes Institute of Management, Gurgaon, PGDM 2019-21 student Surya Jain talks about his opinions on the Reliance-Aramco deal.

The relationship between Saudi Aramco and Reliance Industries has already been a long one, 25 years to be specific. Saudi Aramco has already supplied 2 billion barrels of crude oil for processing at RIL’s refinery at Jamnagar till date. A potential 20% stake in the Oil-to-Chemical division comprising of Refining, Petrochemicals and Fuel Marketing Business of Reliance Industries carries an Enterprise Value of US $75 billion [2]. This deal will also result in Saudi Aramco supplying 5,00,000 barrels of Crude oil per day to Jamnagar refinery on a long-term basis [3].

However, the deal didn’t really have a great start. It fell apart on multiple occasions with Reliance demanding a higher valuation which, indeed, they were able to command with a much higher multiple than industry standards. As a part of the deal, Reliance industries will carve its oil-to-chemicals division and will become an independent entity in 5 years. However, for the first 5 years, Saudi Aramco will not directly own shares in the business division, though it will get a chance to appoint a key business leader, tentatively the COO, to oversee it [4]. Apart from this, Saudi Aramco has been on an acquisition spree and making other major investments in Asia to bolster its presence, building refineries in Indonesia, South Korea, China, and Malaysia.

PGDM student from Class of 2019-21 at Great Lakes Institute of Management, Gurgaon, Surya Jain, talks about his opinions on the Reliance-Aramco deal.

To put things in perspective, Saudi Arabia’s oil export to the US was ~2,62,053 BPD in July 2019, nearly 62% down from 6,87,946 BPD as compared in August 2018, as a result of the US becoming self-reliant than ever [5]. This has resulted from the US Shale Oil Revolution and has been one of the major reason of OPEC production cut in 2017, resulting in reduced supply to the largest, transparent and timeliest market – The US. At the same time, according to a report by Wood Mackenzie, India will surpass China to become the second-largest oil demand growth center in 2019 remaining only behind the US and helping them offset a slowdown elsewhere through growth in Indian markets [6].

On the backdrop, this deal seems to be a perfect solution for Saudi Aramco to maintain stronghold and grip on the fastest-growing oil market in the world (bolstered by the swelling middle class) where it is facing stiff competition. By competition, we also mean the US, which is ramping up shale exports, and Russia who is looking for new customers and trying to making inroads

Suppliers of Crude Oil to India
Source : Ministry of Petroleum and Natural Gas

Stepping into Mr. Mukesh Ambani’s shoes and understanding the story from his perspective, the deal will provide Reliance with the much-required cash to de-leverage its balance sheet, bring net debt to zero by March 2021, and fund the Jio and Digital business [7]. This is part of the company’s larger effort to expand its consumer-facing business including its retail chain, and its effort to move into the technology sector and internet services by diversifying from its core oil refining and petrochemical business. This deal seems to be a perfect synergy between the interests of the world’s largest oil producer and the ambitions of one of India’s largest conglomerates.

Great Lakes Institute of Management, Gurgaon, PGDM class of 2019-21 student Surya Jain talks about his opinions on the Reliance-Aramco deal and how it would benefit Mukesh Ambani's conglomerate and the world's largest corporation.

Written by: Surya Jain – PGDM “Apache” Class of 2021

Great Lakes Institute of Management, Gurgaon

Great Lakes Institute of Management, Gurgaon, PGDM class of 2019-21 student Surya Jain talks about his opinions on the Reliance-Aramco deal and how it would benefit Mukesh Ambani's conglomerate and the world's largest corporation.

References

[1]: https://www.linkedin.com/feed/news/the-worlds-most-profitable-company-4984378/

[2]:  https://www.bloomberg.com/news/articles/2019-08-14/saudis-defending-coveted-indian-oil-market-with-reliance-tie-up

[3]: https://www.vccircle.com/reliance-to-sell-20-stake-in-oil-to-chemicals-business-to-saudi-aramco

[4]: https://economictimes.indiatimes.com/industry/energy/oil-gas/ril-to-hive-off-oil-to-chemicals-business-into-separate-company-in-five-years-rils-pms prasad/articleshow/70651943.cms?from=mdr

[5]: https://www.cnbc.com/2019/08/15/saudi-arabia-dramatically-changing-its-oil-exports-to-china-and-the-us.html

[6]: https://economictimes.indiatimes.com/industry/energy/oil-gas/india-to-surpass-china-to-become-2nd-largest-oil-demand-centre-in-2019/articleshow/67641257.cms?from=mdr

[7]: https://www.financialexpress.com/industry/reliance-industries-agm-live-updates-mukesh-ambani-jio-giga-fiber-jio-phone-3-ril-stock-price-reliance-plan-12-aug-2019/1672964/

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#instascam – Of Fake Accounts and False Prophets

#instascam – Of Fake Accounts and False Prophets

Mechanics of the Scam:

Influencer marketing is big business today. A study by Swedish e-commerce start-up A Good Company, and HypeAuditor, shows that Indian Instagram influencers have over 16 million fake followers, the third-highest after the US and Brazil [1]. Several influencers use these bogus accounts to boost their vanity metrics such as “likes” and overall engagement.

And brands bite – the study estimates that the fraud has cost marketers $750 million globally. Marketing firm Mediakix predicts that influencer marketing on Instagram could reach $2 billion by the end of 2019. “Influencers” on Instagram and other social media enjoy a wide outreach and leverage this to strike deals with brands and earn sponsorships, pushing products and services to their fake fan base. Many of these influencers try to game the system and make easy money by coaxing brands into thinking they have a larger following than they actually do; they buy followers, likes and even engineer comments on their posts. Companies end up paying a fortune to these influencers for collaboration and in the form of free give-aways to non-existent persons. It is quite easy to buy fake engagement and fake followers online for anyone who knows where to look.

Influencers get more and more creative with their tricks in making their fake followers look genuine

A Cat and Mouse game:

Unfortunately, there is no single fool-proof workaround for this. As much as social media platforms such as Instagram, Twitter, Facebook, Reddit, etc. work to identify fake users, the shady services that sell fake social media engagement always find ways to stay one step ahead. In his great “Manipulating” series on YouTube, Destin Sandlin explains how these social media websites are at war with fake news and fake engagement [2]. You could once spot fake following by checking social media analytics websites such as Social Blade and look for unusual spikes in follower count, given that there has been no major external event that may to the spike [3]. However, services that provide fake engagement have gotten smarter. They allow you to gain followers in a slow, consistent, steady fashion that seems organic to the algorithms of social media websites.

Influencers have a number of fake followers in the form of people, often themselves, and as bots.

So what can be done about it?

Technology companies have dedicated a vast amount of resources to solve this problem using AI-driven algorithms to terminate fake accounts. However, there are certain elementary methods to identify if an account is fake, apart from the ones mentioned earlier.

One of the ways is to analyse the comments. Comments posted by bots or the influencers themselves usually follow a common theme in terms of vocabulary and sentence structure. So if you look for patterns in them, you will usually find overwhelming polarized content and limited writing variety.

Another method is to check the profiles of some of the commenters. If they are overwhelmingly empty accounts with poor post frequency, skewed following-to-followers ratio (fake accounts usually follow a large no. of accounts to engage but have low follower count), or just don’t seem to have any personalized content, there is a very good chance the influencers are buying engagement and scamming companies out of their money.

A typical fake Instagram profile with high Following count as compared to Followers count and a single post, with the image of a celebrity.

In Conclusion:

Methods to spot fake profiles are certainly not fool-proof and can be quite cumbersome, but they can still provide a fair idea about an influencer’s account. Skepticism could be helpful to marketers so that they can take a calculated risk if they’ve got Influencer Marketing on their minds. They should be cognizant of the fact that any random “influencer” may not have their best interests at heart. Nevertheless, influencer culture is here to stay, whether we like it or not. While large corporates may not [need to] invest in this, struggling start-ups and local brands may still try to walk this road as a cost-effective means to create awareness among masses, instead of expensive mainstream advertising.

Written by: Anant Gupta – PGDM “Apache” Class of 2021

Great Lakes Institute of Management, Gurgaon

PGDM Class of 2021 (Apaches) student Anant Gupta

[1]: https://indianexpress.com/article/technology/social/indian-instagram-influencers-have-over-16-million-fake-followers-says-new-study-5830303/

[2]: https://www.youtube.com/watch?v=MUiYglgGbos&list=PLOY__sF3NWC1rqjRh_KVftNj0j4slUd3Z

[3]: https://socialblade.com/

Welcoming the Apaches – PGDM Class of 2019-21

Welcoming the Apaches – PGDM Class of 2019-21

Great Lakes Institute of Management, Gurgaon, PGDM Batch of 2021

Great Lakes Institute of Management, Gurgaon, was bustling with energy and excitement on 9th July, 2019, as it welcomed a fresh new batch of PGDM students. The program saw a total of 144 students pouring in from different parts of the country to make this state-of-the-art campus their home for the next two years.

The inaugural ceremony was presided over by dignitaries from Gartner, world’s leading research and advisory company, along with the renowned faculty of Great Lakes Institute of Management.

Dr. Debashis Sanyal, Director of Great Lakes Institute of Management, Gurgaon, with Mr. Arindam Mukhopadhyay, Vice President and Global Head of Consulting COE at Gartner

Dr. Debashis Sanyal, Director, Great Lakes Institute of Management, Gurgaon, addressed the new batch of PGDM students, and applauded them for their well-deserved candidature. He expressed his delight over the growing competition and high-quality of applications that the institute received. After introducing the students to the faculty, he went on to share his wise counsel with the students. He informed the students that this day marks a transition from a structured environment to an unstructured world, where qualities such as flexibility in thinking, benevolent mindset of working in a team, optimism in the face of challenges and failures, and making the most out of time in the campus will help them succeed.

At the commencement, Mr. Arindam Mukhopadhyay, VP and Head, Global Consulting COE, Gartner, delivered the keynote for the orientation of the fresh young minds He congratulated the batch for making it to the premier institute and threw light on what awaits them after they graduate. His presentation drove home the fact that we are living in a dynamic world, where fundamental shifts are occurring across sectors, thus frequent innovation is indispensable to continuous growth. He emphasized on the importance of Industrializing Learning, which refers to developing cognitive thinking in future managers on a wide scale in order to drive constant innovation. He strongly advised students to demonstrate a Champion Mindset. The mindset urges an individual to follow the mantra of “Know it, Own it, Do it, and Persevere” to enhance growth on a community, organization and an individual level.

Furthermore, Mr. Ravi Kumar Anand, Campus Recruitment and Relationship Leader, Gartner, recommended that students research and understand the kind of role they would like to pursue in the future and use this platform to work towards the same by developing the required skillsets for their dream role. He inspired the students to expand their view of possibilities and take charge of their careers by putting sincere and constant efforts.

Dr. Vikas Prakash Singh, Program Director for PGDM Program at Great Lakes Institute of Management, Gurgaon, and Professor of Economics

The commencement event concluded with Dr. Vikas Prakash Singh, Program Director for PGDM at Great Lakes Gurgaon, delivering the vote of thanks and, keeping up with the Great Lakes tradition, announcing the name of the new PGPM batch – The Apaches.

PGDM 2021 Cohort at Great Lakes Institute of Management, Gurgaon

Know it, Own it, Do it, and Persevere.

Compiled by Elim Panda, PGPM “Spartan”, Class of 2020

Great Lakes Institute of Management, Gurgaon

Why should an Experienced Professional pursue a One-Year MBA Program?

Why should an Experienced Professional pursue a One-Year MBA Program?

Experienced Professionals
PGDM vs One Year MBA Course

Many of us are attracted towards the prospect of earning an MBA within one year by pursuing a PGPM (Post Graduate Program in Management), instead of investing two years in a conventional MBA program, commonly known across B-Schools in India as the PGDM (Post Graduate Diploma in Management). There are ample of institutes and universities abroad that offer one-year full time MBA for working professionals, taking in the best of these experienced professionals and training them to take up much higher roles. And you read it right, these programs are full time and are not the same as part-time executive MBA programs. But how is a two-year course delivered in one year and how does it differ from conventional two-year programs? Who is this program more appropriate for? What are the gains and ROI on a one year MBA? Let’s find out.

Where is the sharp contrast when it comes to a one-year MBA?

A one year MBA program, designed for professionals with at least two years of work experience or more depending on the MBA colleges or business schools offering it, leverages the same experience and industry exposure to steer classroom discussions. Yes, discussions, and not lectures. A typical classroom session involves a faculty member guiding the discussion around concepts and students relating to those concepts through their own professional experiences, applying them to historic business cases and developing pragmatic solutions to business problems. A whirlwind of insights and perspectives ensue, questioning conventional wisdom and the status quo itself. This pedagogy eliminates the need to begin from basics and the faculty can get down to business quicker with such a cohort.

Peer Learning facilitates faster learning and wider perspectives
One Year MBA vs PGDM

Summer internships are not a part of the one-year curriculum as the students already have the industry exposure that they need. Instead, live-projects and experiential learning programs provide an opportunity to work on projects with companies, under the mentorship of a faculty member (and often also an industry mentor) and develop innovative solutions to real-world business problems. This helps a student to be confident as a management professional by the end of the course.

A one year MBA program cuts back on redundancy and gets students to speed by leveraging their own experience. The quality and completeness of the curriculum is maintained to ensure a holistic learning experience, with peer-learning forming a major component of it. People from different educational backgrounds, industries and job profiles come together to share their insights, applying their experiences to concepts and relating them to real-word examples.

A mature and more industry-aware cohort
One Year Management Program for Executives

How intense does it get?

As stated by most premier business schools conducting such programs, one-year programs are quite rigorous but they do bring out the best in each student. Class hours are longer than those in other programs, followed by assignments, projects, readings and case analysis for the next day. To quote a one-year program alumnus from an Ivy League business school, the first few core terms are in fact a pressure cooker. But that same rigor trains a student to stay charged up and handle tense situations and unpredictable challenges at workplace. And what else does this reward one with? Let’s look at the benefits.

A much lesser opportunity cost:

The longer you stay as a part of a workforce, the harder it gets for you to take a break and live without a steady income while pursuing higher education. This opportunity cost increases with the duration of hiatus. Here the opportunity cost is the income that you forego when you take a break from work and pursue higher education. Existing loans and family responsibilities make it even more difficult to take a break for two long years. A one-year program halves the opportunity cost and lets you get back to your professional and personal life in a year.

A quick leap:

There are those who work hard and wait for the next appraisal, traverse the hierarchy and climb up the corporate ladder. And then there are those who jump a few levels and take up managerial roles by investing their time and efforts in management education. It’s one year in a business school versus years of appraisals and job changes. An investment of money, time and effort in the former saves one all the time and effort that would be spent in the latter.

A step ahead of the rest:

While fresh minds are still in their second year of management education and busy getting placed, the one-year graduates are already awaiting their first appraisal. Who wouldn’t want faster returns on investment?

Students from diverse backgrounds in a one-year MBA course

One year programs are gaining more and more traction every year with some of the best MBA colleges in India, such as the Indian School of Business (ISB), Great Lakes Institute of Management Chennai and Gurgaon, Indian Institute of Management Ahmedabad (IIMA), SP Jain Institute of Management and Research (SPJIMR), and others offering the One Year MBA in India for experienced professionals, among other MBA courses. Admissions to these programs are conducted through major management entrance exams such as GMAT, CAT and XAT, and follow the same rigorous admission process with Test Score and Profile-Based Shortlisting, Essays or Statements of Purpose, Written Ability Tests, and Personal Interviews. Both types of programs cater to different types of audiences and carry equal credibility. It’s just a question of how appropriate a particular program is for an aspirant based on experience and background.

International Yoga Day: The Great Lakes Chapter

“To Join or to Unite”

If you search for “Life at a B-School” on the internet, you will find an array of adjectives such as “strenuous”, “arduous”, “tenacious”, and all in all, “difficult” showing up among search results. Well there’s no denying it. But like any curriculum, students tackle every challenge with utmost zeal. However, we do not give enough importance to fitness, especially in the form of Yoga, and are incapable of understanding how impactful it is for the body, mind and soul.

This International Yoga Day, on 21st June, 2019, the Spartans (PGPM 2020) and Jaguars (PGDM 2020) of Great Lakes Institute of Management, Gurgaon, came one step closer to understanding the importance of Yoga. The International Yoga Day aims to raise awareness, worldwide, of the many benefits of practicing yoga. Being management students, our greatest battle is with time, stress, and meeting crucial deadlines. That one morning, with the sunshine falling lightly on our shoulders, the birds chirping and the gentle gush of the morning wind, there was a mist of calm and peace that touched us. We realized Yoga is a science, it’s a systematic process which gradually dissolves all illusions of the mind. Through this practice we can understand and experience the Supreme Truth that God resides within us. So, we have to offer something spiritual to our mind and soul, which otherwise might revolt. This ancient spiritual science offers a calmer, happier and more fulfilled life to a person.

The global popularity that Yoga has attained not only puts our country prominently on the map (among various other reasons), but also highlights the health-related benefits that are fruitful in every aspect of life. Yoga, an elixir that works on almost every new age predicament such as anxiety, depression and ill health, is a must for B-school students. The Yoga Camp at Great Lakes began at 6:30 AM and went on till 8:00 AM. The event started with a lot of enthusiasm, apparent from the fact that students came for the session even though they had classes till late the previous night. The students gathered around at the amphitheater by 6:15 AM, filled with energy and enthusiasm. The preparation for this event had started 8 days ago where 20 students collaborated and 5 teams were formed for specific tasks.

Yoga is a great source of power and energy, and in order to get the best out of it, one should “stretch” routinely before the Yoga exercises. Hence the yoga instructors started the morning with basic stretching exercises, followed by chanting Om and reciting the Gayatri Mantra as they help in improving concentration and in building focus. The day ended with performing the Surya Namaskar. This stimulates the nervous system, including the brain, lower plexus and the spinal cord.

Students appreciated the experience and also the broad knowledge which they were able to gain from the event. One of the PGPM students, Ankit Kaul, said, “The session conducted on International Yoga Day was more than just an exercise regime, it was a refreshing experience amidst the hustle of our daily routine.” All students cherished the event. A regular yoga practitioner Aveesh Bhatia (also a PGPM student) said, “It was a recreational session for the students, and we experienced inner peace after attending it. Simple and effective yoga is truly a gift to humanity.” The International Yoga Day at Great Lakes opened many eyes, educated us on the importance and effectiveness of Yoga and motivated us to strike a balance between work and life.

Contributors: Ankit Kaul, Arushi Kapur, Arun Shiv, Meghna Mittal, Ranjeeta Gupta, Shreya Gupta, Sidhanshi Sharma, Divya Gupta, Nikhil Dixit and Sunrita Sarkar

PGPM “Spartans” Class of 2020

Great Lakes Institute of Management, Gurgaon

Chairman Emeritus Reconnect 49 “Education & Spirituality”

Chairman Emeritus Reconnect 49 “Education & Spirituality”

My dear friends,                 

Once I was captivating introduction of the new batch of MBA at NPTI. The dialouge went as follows:

A Student:          Sir, I am Shrivastava, BE(Elect)

Me:                       I am not interested in your surname and your degree

-These are on our records

Student:             Sir, I am Mahesh Kumar (Imaginatively substituted name)

Me:                      That is your name given by your parents-drop it

Student:             I am a student of NPTI

Me:                      That’s your present occupation-I know it

Student:             Sir, I am a boy

Me:                      I am not interested in your gender

Student:              I am becoming conscious now, who am I?

Another Student: I am feeling intrigued, I am thinking now,

His next:               I am sensitized on my existence today,

Next to next:        My conscience says I am God’s creation,

Yet another:         I am motivated to think, I am divine.

Me:       When you drop all your labels, you come out as “the pure you” :

  • Your consciousness (awareness)
  • Your conscience (sense of right and wrong)
  • Thinking & feeling part of you
  • Your sensor/ sensitivity
  • Your motivation/ inspiration
  • Your divinity

-is your Spirit . Keep it awakened!

We need it all the time for the spiritual paradigms of our MBA education at NPTI, I indicated. I further clarified to them that subjects like “Power Reforms” , “Customer relationship & Entrepreneurship”, “Energy Environment Interface & Sustainable Development” etc. derive their essence from holistic spiritual paradigms of our survival. Besides technicalities, they involve ethics and ethos, human values, customer care, environmental sensitivity, resource renewability, society’s anxieties over clean energy, electricity for all and its availability 24×7 and so on.

Spirituality

Spirituality is a rather mysterious term for the scientific community who keeps experimenting with external and physical world only. There are several inner dimensions of human existence which can not be denied; for example Mind, Intellect (consciousness transforms intellect into wisdom), Innner voice/ Intuition (sixth sense) etc. An encounter with one’s own “inner dimension” is spirituality.

Spirituality is manifested by original qualities of “the spirit or the soul” such as love, compassion, wisdom, bliss, peace, purity, humility, power, forgiveness, sacrifice, contentment, self-responsibility, values, self-esteem, harmony and connectedness to others.

Spiritual literacy is a basic literacy for all that enables the understanding and use of the deeper meaning and connection in all aspects of life. Spirituality teaches us how our lives fit into the greater scheme of things.

Education & Spirituality

 Swami Vivekanand said : “Education is not the amount of information that is put into your brain, undigested all your life. We must have life-building, man-making, character-making assimilation of ideas. If you have assimilated just five (5) ideas and made them your life and character, you have more education than any man who has got by heart a whole library.

A semi-literate man “Anna Hazare” also talked of 5-ideas

  1. Pure Thoughts
  2. Pure Conduct
  3. Unblemished Life
  4. Sacrifice and
  5. Capacity to withstand humiliation;

which he assimilated, practiced and demonstrated, becoming the most literate man of today, saluted by the Indian Parliament.

Education is not merely Academics

Somehow we have misunderstood academics to be education

– We teach our children to read and memorise history but we don’t teach them to create history

– We teach them geography, but not geographical cultures and respect for them

– We teach them science, but not the science of life

-We teach them external management, but not internal management of Mind

Education is to lead a person to knowledge (know-how & know-why) graduating further to wisdom (discovery of truth by himself) to see life in its totality and to face it in its completeness. It is to set a higher goal of life, inner transformation, vision of oneness and genuine care for others.

Best wishes and Regards,

Dr. B.S.K.Naidu

BE(Hons), M.Tech., Ph.D., CBI-Scholar, D.Engg. (Calif.), FNAE, Hon.D.WRE (USA)
Chairman Emeritus, Great Lakes, Gurgaon, NCR, New Delhi, INDIA
Former Director General (NPTI & CPRI) Govt. of India

No job is small or big, the way in which you do, makes it small or big (c)

Chairman Emeritus Reconnect 48 “Self-Management”

My dear friends,

I wish to share with you all a ‘Mantra’ that I shared with the graduands during GLIM’s Convocation on 18 May 2016. It is a tiny mantra against “The Bhagavad Gita” which has become a compulsory core course for every student in Seton Hall University in New Jersey, USA having > 10,800 students. The mantra is that “All the external managements have to be preceded by Self-Management.

After joining their jobs, many of the entrants are sent for corporate training programs some of which are grossly misnomered. For instance, Time Management. Time is an irretrievable resource and there can be no inventory management in it. You can only ‘self-manage’ to be punctual and to be time bound. Another example is Stress Management. Can you manage stress after it is created? You have to depend only on doctors from headache to cancer. According to an authority on stress-related diseases, cancer is the end product of non-forgiveness. The secret is to ‘self-manage’ so as not to create stress, anger or hurt by you, within you. How do you do this? Foremost is the awareness that you are the creator of all these emotions.

On his first day in office as President, when Abraham Lincoln entered to deliver his inaugural address, a fellow stood up and said “Mr. Lincoln, you should not forget that your father used to make shoes for me and my family” The whole Senate laughed. Lincoln said “Sir, I know that and I also know that there was never ever any complaint from any of his clients including your family. He was a genius and he used to pour his heart and soul in to his job. I am so proud of him. “Let me see to what extent I can reach his creativity and perfection while presiding over the United States.” No one can hurt you without your consent.

Buddha was known to be beyond hurt. One day one visitor took up the challenge and started hurling abuses at him till he was himself totally tired. Finally he said Oh! Buddha you are still smiling, you have no self-respect. Buddha replied with the same smile “It is like this. If you offer me an apple and I don’t accept, where will the apple go? The visitor replied “obviously it would remain with me.” Buddha said “it is exactly the same with abuses; they have all remained with you”

The Blame Game

Unfortunately, we are all caught up in a blame game. We make some body responsible for our hurt, anger and stress. This starts from early childhood. Can you imagine a 2-1/2 year old child telling her grandfather “Nani has hurt me inside. She says she will not give me ice-cream until I finish my food”. We smile it off. We also help the child nurture a ‘belief system’ of blaming others for any hurt caused. Whenever she falls down and gets hurt, we go and hit the floor or the obstacle to console her. We never explain her that she fell down due to her own lack of attention.

If we don’t find a person or an object, we start blaming the circumstances. Do we really have to? Let me give you an example. Recently, in an award function where a renowned doctor was being felicitated, he shared his life story. He said he grew up in an extremely poor family who were not sure of the next day meal. He had an elder brother who was always blaming his father and turned alcoholic. His younger brother went into depression losing all hopes from life. This man thought the only way for him was to study hard and become a doctor, if possible, not only to get over the poverty but also to treat both of his brothers one day. He used to borrow books from his friends when they were playing or enjoying their picnics. He studied under the lamp-posts and struggled through. He attributed full credit of his success to the extreme poverty. The wind may blow from any direction, but the direction in which you go depends on how you set the sails. Setting the sails is Self-management or more precisely the Thoughts-management.

Egolessness

Egolessness is one issue which confuses the youngsters as well as the grown-ups. Should they not be proud of their higher qualifications, superior skills, long and rich experience etc? Should they compromise on their self-esteem in order to avoid ego clashes? These doubts arise out of the ignorance of a fine line between ego and self-esteem. If you are contributing in a meeting and if you say “This is the best idea” it is ego. But if you say “This is my best idea” it is self-esteem. You can keep your self-esteem intact by giving space to others’ self-esteem.

Willpower

At times you start feeling that you lack “Willpower”. You lack determination, resolve and strength of will. In order to explore this, you should start examining your own daily routine. You want to get up at 6. You put an alarm and the bell rings. You choose to close it and sleep for another half an hour, 45 min. or more. You finally get up and it is time to brush and go for a morning walk. You compromise on a bed tea. Now the daily newspaper arrives. You get tempted to see at least the headlines and the sidelines and the interesting lines. Morning walk gets postponed to the next day and you somehow reach office 15 min. late even after skipping the shave. You think 15 min. late is allowed, and you are still in the comfort zone! Now pause and look back, wherefrom the “power of will” can emerge and cultivate, if you go on ignoring the inner voice? So, if you want to be powerfully self-managed, you will have to:

  1. Revisit your ‘belief-systems’ and alter them to the extent necessary.
  2. Revisit your ‘so called’ comfort zones and see if their shells can crack under the resonance of your own Inner Voice.
  3. And have a better control on your ‘thought factory’ which is generating 25 thoughts/min. or 36,000 thoughts /day.

 

Best wishes and Regards,

Dr. B.S.K.Naidu

BE(Hons), M.Tech., Ph.D., CBI-Scholar, D.Engg. (Calif.), FNAE, Hon.D.WRE (USA)
Chairman Emeritus, Great Lakes, Gurgaon, NCR, New Delhi, INDIA
Former Director General (NPTI & CPRI) Govt. of India

No job is small or big, the way in which you do, makes it small or big (c)