Friday, April 13, 2001

Book Review: Beginnings of Learning




'Beginnings of Learning'
By J. Krishnamurti
Phoenix paperback 

This is Krishnamurti’s second book which I finished reading now. And what a wonderful book this is. Krishnamurti was an outstanding philosopher and thinker. He founded many schools in India, the USA and Brockwood Park in Hampshire, UK. This book documents his conversations with some of the students, teachers and parents at these schools (major one is Brockwood Park). The conversations ranged from anything to everything. The goal is to find how to help students/children meet the educational demands of the society without conforming to society’s conventional values. The focus should be on self-awareness, self-learning, avoiding prejudices, learning difference between affection and sentiment, being peaceful and non-violent in true sense, not conforming to other’s values, and acquiring spirit of cooperation.  

The book is in the form of conversations. A student or questioner asks something and then Krishnamurti replies, explains and takes the questioners along with him. The QnAs are very valid for even today’s times; perhaps more valid today to the wider audience.  

Here I have typewritten and reproduced some interesting paragraphs from the same book:  

“Have you thought about violence? What is involved in violence, how does it arise, what is the structure of violence? There is physical violence and there is the violence of obedience – are you obeying and therefore being violent? Do you understand what I mean? Where I obey you and suppress what I think, that suppression will burst out one day. So there is physical violence and violence brought about through obedience, the violence of competitiveness, of conformity. When I confirm to a patter I am violent – you see the connection? When I live a life of fragmentation – that is, when I think one thing and say another, do another – that is fragmentation and that also breeds violence. I may be very quiet, gentle, do all the work I am asked to do, but I flare up: which indicates there has been suppression in me. So violence is not just physical violence, it is a very complex question. And if you haven’t thought about it, when you are faced with violence you will react most unintelligently.” (P191-192) 

“A young man with a sensitive face and hands said, “I am one of those who take drugs. I have taken them regularly for hour or five years; not much; probably every month or so. I am well aware what it is doing to me. I am not quite as sharp as I was. When I am high I think I can do anything. I seem to have tremendous energy and there is no confusion. I see things sharply. I feel like a god on earth, perfect, without any problems, without any regrets. But I can’t maintain that state all the time and I am back on this mad earth. Now I need a stronger dose and where it is leading me I really don’t know. I am uneasy about it now. I can see myself gradually ending up in a mental hospital, and yet the pull of the other state is so strong that I seem to have no resistance. I experienced with it in the beginning because the others did. It was fun in the then, but now it has become a danger. You see how clearly I can explain all this? But yet there is part of me that has become slow, lethargic and ineffectual.” (P244) 

“The idealist who is also a revolutionary, though he may talk convincingly about freedom, inevitably will bring about a dictatorship of the few or of the many. He will also create a personal cult and destroy totally every form of freedom. You may have observed this in the French and Russian revolutions. Your ideal which may come out of the ashes of the present structure will only be speculative Utopia – call it what you like – you want to build a new society. This is what all the physical revolutionaries have done. They start off with equality, social justice, the withering of the state and so on, and end up with tyrannical bureaucracy, insistence on conformity and the exercise of authority in the name of the state. Surely this is not what you want.” (P247) 

“Knowing that you may be hurt, how ill you prevent this hurt taking place? If somebody tells you that you are not clever or beautiful, you get hurt, or angry, which is another form of resistance. Now what can you do? You saw very clearly how the past hurts go away without any effort; you saw because you listened and gave your attention. Now when someone says something unpleasant to you, be attentive; listen very carefully. Attention will prevent the mark of hurt.” (P256)  

It was an interesting and exhaustive read. I recommend this book for all who are interested in learning.  

- Rahul 





Thursday, April 12, 2001

Book review: Conversations with God



‘Conversations with God: Book one, an uncommon dialogue’
By Neale Donald Walsch
Hodder and Stoughton 

The title of this book had fascinated me for long and when I could get this book in my hands, I was elated. Reading the introduction made my hunger a million times large. After all, the author claims that he has never written this book, but this book “happened to him.” One fine day, God started to talk to the author. The author was a failure on many fronts before writing the book and he also had many dilemmas and disillusions. God started talking to him – God’s conversation started coming in his mind and his hands wrote everything down. The author had the opportunity to ask as many questions as he wished and he made use of this opportunity very much. The product is in the form of this book and some more books in the series. The author claims that it was God who planned these books, and God was merely using the author as a medium. 

To begin with, I bet the author has read or heard about Hinduism or Vedanta. I say this because the concept of God as he describes in this book, or better, the concept of God which God reveals through this book, is present only in Hinduism in general and Vedanta in particular. The central point in this book is that each one of us is God waiting to be realised. “Aham Brahmasmi”, as the holy Hindu scriptures tell. All of us are the same God, no one is superior no one is inferior. And then God through his book also tells that reincarnation is truth – thereby accepting one basic belief of Hinduism and its sister religions/sects. There is hardly any conflict between what God tells through this book and what Hinduism and Vedanta told us a long time back. The author is reformist when it comes to Christianity. He attacks the Church, calls propaganda a propaganda; but he then very politically accepts some basic beliefs of the religion. The author doesn’t name many religions in this book and claims all that is in this book came from God and these are not a product of his mind or any insanity. If he is true, then this book can become yet another proof that Hinduism and Vedanta perhaps touch the truth in a way no other religion or sect has ever done.

Excerpts from the book: ‘Conversations with God: Book one, an uncommon dialogue’ by Neale Donald Walsch.  

—  

Page 67: 

Most of the New Testament writers never met or saw Jesus in their lives. They lived many years after Jesus left the earth. They wouldn’t have known Jesus of Nazareth if they walked into him on the street. 

The Bible writers were great believers and great historians. They took the stories which had been passed down to them and to their friends by others – elders – from elder to elder, until finally a written record was made. 

And not everything of the Bible authors was included in the final document. 

Already “churches” had sprung up around the teachings of Jesus – and , as perhaps whenever and wherever people gather in groups around a  powerful idea, there were certain individuals within these churches, or enclaves, who determined what parts of the Jesus story were going to be told – and how. This process of selecting and editing continued throughout the gathering, writing, and publishing of the gospels, and the Bible. 

Even several centuries after the original scriptures were committed to writing, a High Council of the Church determined yet one more time which doctrines and truths were to be included in the then-official Bible – and which would be “unhealthy” or “premature” to reveal to the masses. 

—  

Page 137 

You are making mock of Me. You are saying that I, God, made inherently imperfect beings, then have demanded of them to be perfect, or face damnation. 

You are saying then that, somewhere several thousand years into the world’s experience, I relented, saying that from then on you didn’t necessarily have to be good, you simply had to feel bad when you were not being good, and accept as your saviour the One Being who could always be perfect, thus satisfying Mu Hunger for perfection. You are saying that My Son – who you call the One Perfect One – has saved you from your own imperfection – the imperfection I gave you. 

In other words’ God’s Son has saved you from what His Father did. 

This is how you – many of you – say I have set it up.  

Now who is mocking whom? 

—  

Page 161 

You carry a thought around that money is bad. You also carry a thought around that God is good. Bless you! Therefore, in your thought system, God and money do not mix. 

This makes things interesting, because this then makes it difficult for you to take money for any good thing. 

—  

Page 191 

If you ever lit a cigarette in your life – much less smoked a pack a day for 20 years as you have – you have very little will to live. You don’t care what you do to your body. 

And if you have every taken alcohol into your body, you have very little will to live. The body was not meant to intake alcohol. It impairs the mind. 

Author: But Jesus took alcohol! He went to the wedding and turned water into wine! 

God: So who said Jesus was perfect? 

I will stick to my original statement: the body was not meant to intake alcohol. 

Author: But even some medicines contain alcohol! 

God: I have no control over what you call medicine. I will stay with my statement. 

—  

Page 194 

I designed your magnificent body to last forever! And the earliest of you did live in the body virtually pain free, and without fear of what you now call death. 

In your religious mythology, you symbolise your cellular memory of these first humans by calling them Adam and Even. Actually, of course, there were more than two. 

At the outset, the idea was for you wonderful souls to have a chance to know your Selves as Who You Really Are through experiences gained in the physical body, in the relative world – as I have explained. 

This was done through the slowing down of the unfathomable speed of all vibration (thought form) to produce matter – including that matter you call the physical body. 

Life evolved through a series of steps in the blink of an eye that you now call billions of years. And in this holy instant came you, out of the sea, the water of life, onto the land and into the form you now hold. 

—  

Page 197 

Your body, your mind, and your soul (spirit) are one. In this, you are a microcosm of Me - the Divine All, the Holy Everything, the Sum and Substance. You see now how I am the beginning and the end of everything, the Alpha and the Omega. 

Now I will explain to you the ultimate mystery: your exact and true relationship to Me. 

YOU ARE MY BODY. 

As your body is to your mind and soul, so too, are you to My mind and soul. Therefore: Everything I experience, I experience through you. 

Just as your body, mind, and spirit are one, so too, are Mine. 

—  

Page 204 

Author: Is there such a thing as reincarnation? How many past lives have I had? 

God: It is difficult too believe there is still a question about this. I find it hard to imagine. There have been so many reports from thoroughly reliable sources of past life experiences. Some of these people have brought back strikingly detailed descriptions of events, and such completely verifiable data to eliminate any possibility that they were making it up or had contrived to somehow deceive researchers and loved ones. 

You have had 647 past lives, since you insist on being exact. This is your 648th 

—  

- Rahul

Thursday, March 29, 2001

Book Review: Trade like Warren Buffett



‘Trade Like Warren Buffett’
By James Altucher
Wiley

Warren Buffett is considered world’s greatest value investor. Though he is famous for “buy and hold forever” strategy, the author James Altucher says perhaps no other investor has applied so many diverse set of investment strategies, as Buffett has done. This book is a testimony to that. (Warren Buffett claims to be 15% Philip Fisher and 85% Benjamin Graham.)

In this book, James tries to cover all the important different investment styles used by Buffett, e.g. merger arbitrage, relative value arbitrage, bonds, fixed income arbitrage, stocks, commodities, and currencies, and focuses on how we can learn some trading tips from him. The pages explain strategies like mean reversion, market timing, funds, as well as Graham Dodd (margin of safety). The important role of internet and technologies in investing is also well explained.

The book also contains very interesting interviews with two Buffett style hedge fund investors. I also liked the chapters “Buffett and disasters”, “trade like Bill Gates”, and “Jealousy”. This is a very good book, though the beginners may find it slightly difficult at some places. Highly recommended for Warren Buffett fans.

- Rahul

Wednesday, March 14, 2001

Book Review: Tao Te Ching


‘Tao Te Ching’
By Lao-tzu

Translated by Stephen Mitchell

Harper & Row, Publishers, Inc.


This is a wonderful book for which I am grateful to our library. The introduction to the book says this is a book which is translated maximum number of times after Christian bible and only a few other books. It contains a philosophy which is foundation for Taoism religion and has influenced a lot others.

Lao-tzu is said to have lived around 6th century BC, though everything about him is debated and unauthenticated. It is said that he served in some small nation in China and after its downfall he left the state. Before he was leaving, the security personnel at the border asked him to leave his thinking in form of a book, and hence the great philosopher wrote it in the form of this book. Though it is still debated if he himself was the original thinker and author of the philosophy in the pages.

Tao means “way”, and the title of the book is “Tao Te Ching”, meaning “Book of the way”.

It was a delight to go through this book. At many places, I found the philosophy to be similar or same to that of Hinduism, Sanatan Dharma or the Vedanta. This was not surprising, because if there is one truth, no matter who tries to get it and in what geography, one should make the same conclusions and observations. Many times I wondered if Lao-tzu had read the Vedas or if he got the concept of nirguna brahma from there. I am reproducing some texts from this book, with regret if there are any errors.

I also thank the translator Stephen Mitchell for making this book understandable for us.



The Tao is infinite, eternal
Why is it eternal?
It was never born;
Thus it can never die.
Why is it infinite?
It has no desires for itself;
Thus it is present for all beings.



Fill your bowl to the brim
And it will spill
Keep sharpening your knife
And it will blunt
Chase after money and security
And your heart will never unclench
Care about people’s approval
And you will be their prisoner.



Do your work, then step back
The only path to serenity.



We join spokes together in a wheel,
But it is the center hole
That makes the wagon move
We shape clay into a pot,
But it is the emptiness inside
That holds whatever we want.
We hammer wood for a house,
But it is the inner space
That makes it livable
We work with being
but non-being is what we use



Success is as dangerous as failure.
Hope is as hollow as fear.
What does it mean that success is as dangerous as failure
Whether you go up the ladder or down it,
Your position is shaky.
When you stand with your two feet on the ground,
You will always keep your balance.
What does it mean that hope is as hollow as fear?
Hope and fear are both phantoms
That arise from thinking of the self.
When we don’t see the self as self,
What do we have to fear?
See the world as your self.
Have faith in the way things are.
Love the world as your self;
Then you can care for all things.



The Master doesn’t talk, he acts.
When his work is done,
The people say, “Amazing!:
We did it, all by ourselves!”



Throw away holiness and wisdom,
And people will be a hundred times happier.
Throw away morality and justice,
And people will do the right thing.
Throw away industry and profits,
And there won’t be any thieves.
If these three aren’t enough,
Just stay at the center of the circle
And let all things take their course.



The Tao is ungraspable.
How can her mind be at one with it?
Because she doesn’t cling to ideas.
Since before time and space where,
The Tao is.
It is beyond is and is not.
How do I know this is true?
I look inside myself and see.



There was something formless and perfect
Before the universe was born.
It is serene. Empty.
Solitary. Unchanging.
Infinite. Eternally present.
It is the mother of the universe.
For lack of a better name,
I call it the Tao.
Man follows the earth.
Earth follows the universe.
The universe follows the Tao.
The Tao follows only itself.



All things end in the Tao
As rivers flow into the sea.



The Tao never does anything,
Yet through it all things are done.



When there is no desire,
All things are at peace.



Teaching without words,
Performing without actions:
That is the Master’s way.



Knowing others is intelligence;
Knowing yourself is true wisdom.
Mastering others is strength;
Mastering yourself is true power.



Men are born soft and supple;
Dead they are stiff and hard.
Plants are born tender and plaint;
Dead, they are brittle and dry.

You can also get a few quick Wiki links related to this: http://en.wikipedia.org/wiki/Taoism ; http://en.wikipedia.org/wiki/Tao_Te_Ching ; http://en.wikipedia.org/wiki/Tao ; http://en.wikipedia.org/wiki/Laozi

- Rahul

Tuesday, March 13, 2001

Book Review: The Rules of Wealth



‘The Rules of Wealth: A personal code for prosperity’
First Impression, 2007
By: Richard Templar
Pearson Power

What interested me into this book first and foremost was its title. “Rules of wealth”: interesting enough. And I enjoyed reading it and got experienced perspective too. Richard Templar is the bestseller-author of “The Rules of Life”, and a very successful man himself, hence an authority to write on this topic.

The book lists 100 rules which we can apply to gain, enjoy and sustain wealth in the best manner possible. It is divided into five parts: 1. thinking wealthy, 2. getting wealthy, 3. get even wealthier, 4. staying wealthy and 5. sharing your wealth. It was the first part which I enjoyed most. Thinking wealthy is the first point to start becoming wealthy anyway.

I found the author to have the right balance and mix of optimism with caution. At places he is conservative, and rightly so, and at other places he is bold and not risk averse. There are rules which make us keep humane and family causes above pure financial greed, and there are others which ask to give up short-term gains for the long term wins, and the vice versa. The key, as the author rightly says, is to apply the strategy and take actions rather than keep thinking or procrastinating.

Though there were places where I found the rules to be against the present or future business models and too conservative also, I think prudent readers would separate the chaff from the seeds. Recommended.

- Rahul

Wednesday, March 7, 2001

Book Review: Deming Goldratt




‘Deming and Goldratt: The Theory of Constraints and the System of Profound Knowledge: The Decalogue’
First Indian Edition 2007
By Domenico Lepore and Oded Cohen
Productivity and Quality Publishing Pvt Ltd

Edward Deming is considered father of modern quality management. Eliyahu Godratt is a business management guru and his theory of constraints (TOC) has changed the way we looked at problems and improvements. In this book, the authors Lepore and Cohen have tried to integrate the contributions of these two great men. The System of Profound Knowledge by Deming and TOC by Goldratt has been assimilated and the product is a comprehensive system and a conceptual framework.

The approach put forward in this book is as follows:

The Decalogue:

Step 1: Establish the goal of the system, the UOM and the operating measurement
Step 2: Understand the system
Step 3: Making the system stable
Step 4: Identify the constraint and carry out five focusing steps
Step 5: Implement the buffer management
Step 6: Reduce the variability of the constraints and the main processes
Step 7: Creating a suitable management structure
Step 8: Eliminate the external constraint: selling the excess capacity
Step 9: Bringing the constraint inside the organization when possible
Step 10: Set up a continuous learning program

The goal of the book is “to provide a path to follow in order to deal with the constraint that prevents us from achieving continuous improvement in our organizations.”

- Rahul

Saturday, February 24, 2001

Book Review: Business the Richard Branson Way



‘Business the Richard Branson Way’ – 10 secrets of the world’s greatest brand builder; Third Edition
By: Des Dearlove
Wiley India Pvt. Ltd.

Richard Branson is now a legend. Few self-made men have ever achieved as much in this business world, as Branson has achieved with his Virgin brand. Though there is no dearth of available literature or articles about him, I think a business oriented biographical tribute had to be a wonderful read. This is what this book provides us with.

Here are the “10 Secrets” about the “Virgin King”:

1) Pick on someone bigger than you
2) Do the hippy, hippy shake
3) Haggle: everything is negotiable
4) Make work fun
5) Do right by your brand
6) Smile for the cameras
7) Don’t lead sheep, herd cats
8) Move faster than a speeding bullet
9) Size does matter
10) Never lose the common touch

After reading the book, now I feel like knowing Richard better. And not to mention that I too am fascinated by his sheer bold and honest leadership. This book reveals and gives us an idea of how Branson did what. A few minor takeaways in my opinion:

1) Living the brand
2) Creating the right impression around oneself and the brand
3) Become identified as a gutsy force
4) Very creative ideas
5) Trying out and executing a hundred ideas to get at least some very successful
6) Keep oneself in control of one’s business
7) Take very fast decisions
8) Understand other’s psychology and act on them
9) No disadvantage can’t be turned around
10)Be on the moral right side

This is an amazing book. Though the topics and dimensions were so many that at places not enough pounds have been spent on each, the book which is relatively thin (170 pages) gives a very fair idea to satisfy readers’ curiosities. It’s a quality read. Recommended.

- Rahul

Tuesday, February 20, 2001

Book Review: Freakonomics

Freakonomics: A rogue economist explores the hidden side of everything
By: Steven D. Levitt and Stephen J. Dubner
Penguin Books


I had heard about this book when in b-school but couldn’t lay my hands on it. Now that I got it, I started with enthusiasm. The front cover carries Malcolm Gladwell’s comment on it: “Prepare to be dazzled”. And WSJ says, “If Indiana Jones were an economist, he’d be Steven Levitt”. After reading it, I found that the book lived up to the hype!

It is an amazing book which doesn’t feel like trading on economics. It is common sense, in the most uncommon form. The book is an eye opener and I am sure all of us would learn so much new from it no matter how much we knew from before. It teaches us how to see the hidden side of everything.

I would reproduce portions from the front cover flip:

Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their mothers? Why do prostitutes earn more than architects?

One of today’s most original thinkers turns our view of the world upside down…

Life can be baffling and chaotic, and sometimes it’s hard to make sense of it all. The answer, explains groundbreaking thinker Steven Levitt, lies in economics. Not ordinary economics but Freakonomics. It is at the heart of everything we see and do and the subjects that bedevil us daily: from parenting to crime, sports to politics, health to education, fear to traffic jams.

In Freakonomics Levitt turns conventional economics on its head, stripping away the jargon and calculations of the experts to explore the riddles of everyday life and examine topics such as: how chips are more likely to kill you than a terrorist attack; why sportsmen cheat and how fraud can be spotted; why violent crime can be linked not to gun laws, policing or poverty, but to abortion; why a road is more efficient when everyone travels at 20mph; how the name you gave your child can give him an advantage in later life; and what really causes obesity epidemics. Ultimately, he shows us that economics is all about how people get what they want, and what makes them do it.

I would always remember this book for telling me, “If morality represents an ideal world, then economics represents the actual world.” And for proving to me how legalising abortion can help reduce crime rates…

A perfect treat for a reader like me. I highly recommend this book to all….

- Rahul


Sunday, February 18, 2001

Book Review: Freedom from the Known

‘Freedom from the Known’
By J. Krishnamurti
Edited by Mary Lutyens
Krishnamurti Foundation India

I had heard about J. Krishnamurti and his philosophy and was eager to read him. Now that I found his book, there was no stopping. I loved this book and though I didn’t always agree with him or always found his thought in line with mine (for that matter I found him very radical), it was very interesting and enriching to know the way he looks at things. Without doubt he was a very powerful thinker and his thoughts are very logical and relevant.

I think all of us who are interested to explore some of the most puzzling questions of life should definitely read him. This book can be a wonderful start.

I have typewritten and reproduced some paragraphs from his book. The titles and choice or portions are personally mine:

1. Revolt

Revolt is not freedom because when you revolt it is a reaction and that reaction sets up its own pattern and you get caught in that pattern. You think it is something new. It is not; it is the old in a different mould. Any social or political revolt will inevitably revert to the good old bourgeois mentality.

2. Time

I am tempted to repeat a story about a great disciple going to God and demanding to be taught truth. God says, “My friend, it is such a hot day, please get me a glass of water.” So the disciple goes out and knocks on the door of the first house he comes to and a beautiful young lady opens the door. The disciple falls in love with her and they marry and have several children. Then one day it begins to rain, and keeps on raining, raining, raining – the torrents are swollen, the streets are full, the houses are being washed away. The disciple holds on to his wife and carries his children on his shoulders and as he is being swept away he calls out, “Lord, please save me”, and the Lord says, “Where is that glass of water I asked for?”

It is rather a good story because most of us think in terms of time. Man lives by time. Inventing the future has been a favourite game of escape. (P95)

3. Death

To die is to have a mind that is completely empty of itself, empty of its daily longings, pleasures and agonies. Death is a renewal, a mutation, in which thought does not function at all because thought is old. When there is death there is something totally new. Freedom from the known is death, and then you are living. (P104)

4. Love

So what you really say is, “As long as you belong to me I love you but the moment you don’t I begin to hate you. As long as I can rely on you to satisfy my demands, I love you, but the moment you cease to supply what I want I don’t like you.” So there is antagonism between you, there is separation, and when you feel separate from another there is no love. But if you can live with your wife without thought creating all these contradictory states, these endless quarrels in yourself, then perhaps – perhaps – you will know what love is. Then you are completely free and so is she, whereas if you depend on her for all your pleasures you are a slave to her. So when one loves there must be freedom, not only from the other person but from oneself. (P109)

5. Sorrow

Sorrow and love cannot go together, but in the Christian world they have idealised suffering, put it on a cross and worshipped it, implying that you can never escape from suffering except through that one particular door, and this is the whole structure of an exploiting religious society. (P114)

6. Art

Why is it that we depend so much upon art? Is it a form of escape, of stimulation? If you are directly in contact with nature; if you watch the movement of a bird on the wing, see the beauty of every movement of the sky, watch the shadows on the hills or the beauty on the face of another, do you think you will want to go to any museum to look at any picture? Perhaps it is because you do not know how to look at all the things about you that you resort to some form of drug to stimulate you to see better. (P121)

7. Teacher

There is a story of a religious teacher who used to talk every morning to his disciples. One morning he got on to the platform and was just about to begin when a little bird came and sat on the window still and began to sing, and sang away with full heart. Then it stopped and flew away and the teacher said, “The sermon for this morning is over.” (P121)

8. Quite

Thus we see it is not control that leads to quietness. Nor is the mind quite when it has an object which is so absorbing that it gets lost in that object. This is like giving a child an interesting toy; he becomes very quite, but remove the toy and he returns to his mischief-making. We all have our toys which absorb us and we think we are very quite but if a man is dedicated to a certain form of activity, scientific, literary or whatever it is, the toy merely absorbs him and he is not really quite at all. (P150)

- Rahul

Thursday, February 8, 2001

Book Review: Zenobia

‘Zenobia: The curious book of business’
By: Matthew Emmens and Beth Kephart
Tata McGraw-Hill Edition


I would reproduce the book’s description from the back cover:
“Written by the CEO of a $14 billion pharmaceutical company and an award winning author and poet, this extraordinary book reminds us that imagination is one of the most powerful, and most overlooked, elements of business success. Moira, an enterprising young job aspirant, winds her way through a strange, sclerotic bureaucracy, never discouraged by what is, remaining tenaciously true to her vision of what could be. In the process, she inspires those she meets to help in her quest to revitalize the once-mighty but now moribund Zenobia Corporation.”

Well, I agree with the description but have to add that this was a very different book that I ever read. The story of Moira, a young lady going to do something different and change the status quo, is told in a symbolic manner. When I started reading, I found it too weird. But the later part was very perfect and it kept on getting a better read, as we the readers become habitual to the symbols used in the story. It is a story of courage and it is a story of hope. It is a story which tells us that everything can change, just we have to have the right attitude.

Should I recommend it to others? Yes, if you are curious about this curiously symbolic story. It is a small book running into about 100 pages. And it is fun reading.

- Rahul

Monday, February 5, 2001

Book Review: The 10 Distinctions between Millionaires and the Middle Class

‘The 10 Distinctions between Millionaires and the Middle Class’
By: Keith Cameron Smith
Ballantine Books

I guess the first thing in this book which would attract readers would be its title. Isn’t it so? But I think what will actually attract us towards this book would be our own wish to be successful in life. As the author writes, “The purpose of life is not to HAVE success, but to BE successful”. And he goes on to tell his own life stories and stories of others, all which would lead us to be successful in life.

I would list own the 10 ‘distinctions’ which the book elaborates. I would leave the explanation to your guess and if you are more curious, definitely the book is not beyond reach.

1) Millionaires think long term. The middle class thinks short-term.
2) Millionaires talk about ideas. The middle class talks about things and other people.
3) Millionaires embrace change. The middle class is threatened by change.
4) Millionaires take calculated risks. The middle class is afraid to take risks.
5) Millionaires continually learn and grow. The middle class thinks learning ended with school.
6) Millionaires work for profits. The middle class works for wages.
7) Millionaires believe they must be generous. The middle class believes it can’t afford to give.
8) Millionaires have multiple sources of income. The middle class has only one or two.
9) Millionaires focus on increasing their net worth. The middle class focuses on increasing its paychecks.
10) Millionaires ask themselves empowering questions. Middle class people ask themselves disempowering questions.

I highly recommend this book to all who want to learn from others’ success.

- Rahul

Saturday, February 3, 2001

Book Review: Bangalore Tiger



‘Bangalore Tiger: How Indian Tech Upstart Wipro is rewriting the rules of global competition’
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By: Steve Hamm
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Tata McGraw-Hill
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Steve Hamm is a senior editor and the software editor for BusinessWeek. He has been tracking Indian tech services industry since 2001 and this book is a product of his research. Hamm wanted to thoroughly understand, in and out, an Indian IT major. He could have picked any one of the big-3: TCS, Infosys and Wipro. He picked up Wipro but in this book, he also mentions and explains things from TCS, Infy or even Mindtree (which was started up by Wiproites). I don’t think we would ever find such a comprehensive book and a testimony to Wipro’s success story.
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The author maintains a very fine balance – he explains the historical context – how in 1966 Premji while at Stanford University got a call back from home and had to inherit an ailing business of vegetable oil – but the author doesn’t get lost in it. He explains Wipro’s operational excellence and processes alongside the best practices and what other companies can learn from it. It is really a wonderful read.
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The author makes a summary of Wipro’s approach to achieving operational excellence:
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· Live your core values
· Plan like your future depends on it
· Reduce risks without foreclosing opportunities
· Adopt zero-politics management
· Make decisions quickly, but don’t be afraid to switch
· Spell out the rules, then follow them religiously
· Measure everything
· Demand value for money
· Put the right skills in the right place
· Perform routine jobs routinely
· Turn customers into partners
· Learn from others
· Make your own way
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Wipro’s policies for handling employees:
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· Act on your values
· Train, and then train some more
· Create a true meritocracy
· Make it about the job, not just the paycheck
· Celebrate employees’ successes
· Solicit ideas from the staff
· Aspire to excellence
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Reading the book, I can definitely understand the following other key features of the Wipro Way:
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· Stretch out to achieve Customer satisfaction
· Operational excellence as a sustainable competitive advantage
· Process improvements and optimization of everything
· Cost minimization through use of technology
· Maintain very high level of personal and professional integrity
· Vision towards nation building and improving the society
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Through this book, Hamm has also given a call to the world. In his own words, “Multinationals Beware: Here come the Transnationals!” He explains how the offshore-onshore or Global Delivery Model pioneered by Indian IT companies changed the whole business model for companies all across the world and now these MNCs have to adopt to the Wipro Way or the Infy Way in order to remain in the competition. The book also explains the emerging homogenization of what the author calls “The Wipro Way”, in line with “the GE Way” or “the Toyota Way”. The book is full of conversations with Azim Premji, Vivek Paul, Girish Paranjpe, TK Kurian, and Subroto Bagchi.
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Reading this book is a treat in itself and the learning from it is profound. I recommend it to all readers who want to understand how Indian tech companies operate, how they have grown so far and what are the visionaries behind them.
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- Rahul

Book Review: Supply Chain Management with APO



‘Supply Chain Management with APO: Structures, Modeling Approaches and Implementation Peculiarities’
By: Jorg Thomas Dickersbach
Springer International Edition
Since I am in this field, I would need to refer to this book for some more time now. Many seniors referred me to this book, which is like a text book to understand SAP APO (SAP Advance Planner and Optimizer) module. It is a smaller book as such, if we see the vast content it has covered. And I also found that though the subject matter is explained well, for those who are in the very beginning to work on APO, at places the explanations are not adequately enough and we have also to refer to the Help sites. But we can always come back to revisit this book and then it becomes a very good value add. The book is full of very good diagrams explaining processes, snapshots and the real treat is the case studies or problem explanations faced during implementation or while working with APO.
A must for all SAP APO consultants.
- Rahul