Thursday, February 08, 2007

What they dont teach u at the IIM's and at JNU

Lalu yesterday
Lalu today
A Management Consultant
As Rail Minister, he brought about a turnaround in the fortunes of the Indian Railways
Financial turnaround of Indian Railways
When Lalu took over, the Indian Railways was a loss-making organization. The Rakesh Mohan Committee (headed by Rakesh Mohan, secretary, department of economic affairs) had termed it a 'white elephant' and predicted that it was destined to hit Rs 61,000 crore (Rs 610 billion) in bankruptcy by 2015 [20].

Defying all these predictions , the Railways booked an unprecedented surplus of 110 billion rupees (2.47 billion dollars)[21]. Lalu Prasad Yadav is now credited with engineering the financial turnaround of Indian Railways, that was on the verge of bankruptcy before his appointment to the office. What makes his performance commendable is that he has left passenger fares untouched and has found several other profitable sources of revenue for the Railways.
He announced this turnaround during his Budget-Speech-06-07 in these words:

Sir, I take pride in informing this House that in the first nine months of the year 2005-06, the Railways’ output has been record breaking. The growth in freight loading is 10% and in freight revenues it is over 18%. Based on the trends up to now, the freight loading target is being increased from 635 mt to 668 mt and the goods revenues target from Rs. 33,480 cr to Rs. 36,490 cr. Thus, Railways would achieve incremental freight loading of 111 mt in two years itself, which will be 133% higher as compared to the incremental loading of 83 mt of entire Ninth Five Year Plan period. Tenth Plan targets of 624 mt loading and 396 billion tonne kilometers have been surpassed one year in advance. Sir, I not only hope but firmly believe that we would surpass the Tenth Five Year Plan’s incremental target of 63 billion tkm for freight business by over 200%. )[22].

The impressive turnaround of the Indian Railways is now being studied by the students of the Indian Institute of Management Ahmedabad.[23].Prof G. Raghuram, a faculty member, IIM-A , has already conducted a detailed study on the Railways turnaround [24].
On September 18, 2006, Lalu delivered a lecture to management students and the faculty at IIM-A, explaining finer points of the Indian Railways "turnaround".[25].A study conducted by The Indian Express concludes [26] :
The turnaround of the Railways is real, touchable and backed by record-breaking figures.
The turnaround is deeper than petty restructuring.
The turnaround has happened without any increase in fares or freight rates.
The turnaround has been led by Lalu.
As part of his drive to modernise the railways Lalu Prasad Yadav has decided to send nearly 100 top officials, 25 General Managers of different railway zones and 60 Divisional Railway Managers to Management Schools in the United States of America and France for training in the latest techniques and to sharpen their managerial skills [27]. He is also seeking agreement with Italian National Railways.

[edit] International interest in Lalu
It has been learnt through various sources that many foreign embassies and universities like the Harvard and HEC Management School,France have sought his bio-data to know more about him [28]. It's reported that The Indian government has been inundated with requests from embassies and high commissions asking for Lalu's bio-data, as well as the possibility of a visit, ever since he became a Minister in the Central Government. Speaking to Asia Times Online, Lalu said, "People all over the world want to know how the son of a cowherd has risen to such heights. Their interest in me is a victory of Indian democracy." One of his officials said more than 100 missions have sought his bio-data and asked questions about him.[2][29] Mr. Yadav, in France for a conference, met Professor Steven R Ditmeyer, a former World Bank and US railway official now on deputation to National Defense University. According to Sudhir Kumar, Officer-on-Special duty for Mr. Yadav, "The professor is intrigued by the man behind the success story of the railways and will be visiting India soon to learn more about him as well as the turnaround. His subject of the case study would be -- How has a man with no formal education brought about a change of this magnitude?" On basis of his view, Harvard Business School will consider a case study on the railways. However, in reality, Mr. Yadav is a post graduate in Political Science from the Patna University and also holds a Bachelor-at-Law - - degree from the same institution.
On a similar note Karine Lejoly of HEC says, "We are looking at making the Indian Railways a part of our course. While nothing has been finalised as of now, I will be visiting India in October-November to talk to the concerned officials."

Big businesses has also recognised his potential.The world's largest corporations like GE, Bombardier and Alstom has shown interest in the Railways’ paradigm shift.International B-schools like Harvard Business School, HEC, Carnegie Mellon and North-Western University have also shown keen desire to understand the magic of Lalu. [30].
Shah Rukh Khan : His story
Memorable lines from SRK Movies:

Deewana -
"Haan, haan, mujhe ishq hua hai!"
Darr -
"Ki-ki-ki... Kiran!"
Baazigar -
"Haar ke jeetne waale ko Baazigar kehte hain."
Dilwale Dulhania Le Jayenge -
"It's alright, Senorita. Bade, bade deshon mein, aisi chhoti chhoti baatein hoti rehti hain."
Dilwale Dulhania Le Jayenge -
"Pyar karti ho mujhse? Bharosa hai mujh par? Phir to bas, doli uthne ki der hai. :~)"
Dilwale Dulhania Le Jayenge -
"Le jayenge, le jayenge, dilwale dulhania le jayenge..."
Chaahat -
"Dekha Narayan, mujhe nahi lagta!"
Yes Boss -
"Yes Boss!"
Yes Boss -
"Achhe logon ke saath, hamesha achha hi hota hai."
Dil To Pagal Hai -
"Mar gaya Rahul!"
Dil To Pagal Hai -
"Hi, I'm Rahul, naam to suna hoga!"
Dil Se.. -
" Dil se!"
Kuch Kuch Hota Hai -
"Kuch kuch hota hai, Anjali. Tum nahi samjhogi."

Kuch Kuch Hota Hai -
"Squeeze me!"
Kuch Kuch Hota Hai -
"Rahul Khanna kabhi bhi kisise nahi darta."
Mohabbatein -
"Duniya mein kitni hain nafratein, phir bhi dilon main hain chaahetein.
Mar bhi jaayen pyar waale, mit bhi jaayen yaar waale, zinda rehti hain unki mohabbatein!"
Kal Ho Naa Ho -
"Aaj... Aaj ek hassi aur baantlo
Aaj ek dua aur maanglo
Aaj ek aansu aur peelo
Aaj ek zindagi aur jeelo
Aaj ek sapna aur dekhlo
Aaj... kya pata...Kal ho naa ho!"
Main Hoon Na -
"Main hoon na!"
Kajol by Shruti - Dilwale Dulhania Le Jayenge - Kuch Kuch Hota Hai - Bollywood Dhol Dhamaka - Shruti's Homepage


Anonymous said...

jab tak samosa mein rahega aloo ...

Anonymous said...

yeh IT shaytee kya hain?

Nilesh Agarwal said...

Long live Lalu Yadav-ji