blog@Yantrajaal

Management education in India is in crisis. Enrollment is falling as students realise that jobs for freshly minted MBAs are nowhere as abundant or glitzy as they used to be in the past. MBAs still get recruited because earlier batches of MBAs are in middle management positions and they need more of their type to keep their own brand value high but in the upper echelons of corporate India their presence is rare. Finally hordes of B-schools, all trying to model themselves as third cousins of IIM Ahmedabad, and handing out PGDBMs by the hundreds have reduced the value of the certificate to the level of a B.A. or B.Com. degree. Necessary but not sufficient for low paying, white collar “executive” jobs so beloved of middle-class India. But management skills is really, really what India needs. There is no dearth of high technology in the corridors of organisations like TCS, L&T, ISRO, SBI, Mahindra, NTPC, ONGC, DRDO and yet we somehow cannot bring it all together in a manner that can ...

If 2013 was the year of Bitcoin, the enigmatic crypto-currency created by the anonymous Satoshi Nakamoto, then 2016 is going to be year of the BlockChain -- the shared public ledger technology that provides the platform on which Bitcoin works. In fact, Bitcoin is just ONE of the many applications that can be built on the blockchain and this fact is gradually dawning on the world of technology as different groups are racing to create new products. While many strange and wonderful products like an automatic Uber-like car service have been proposed, the most powerful applications seem to be coming out of Wall Street. This is because of two reasons The fundamental premise behind the blockchain is control and transfer of assets and this is what Wall Street does for a living Wall Street has realised that rather than resisting the arrival of a disruptive technology it is better adopt it first. Resistance is futile. Just as retailers who ignored the eCommerce revolution got wiped out by ...