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Showing posts with label jj16. Show all posts
Showing posts with label jj16. Show all posts
Thursday, August 4, 2016
The_Perils_of_Indifference
“The perils of indifference” was a speech given by Elie Wiesel, a NOBEL peace prize winner at the White House Millenium Evening, 1999, commemorating the onset of the new millennium. It was my first day at GITAM and I stumbled upon this speech at the KRC and the thoughts which lingered on I wanted to share.
Elie Wiesel was a holocaust survivor at the Jewish concentration camps in Nazi Germany, was separated from his mother and sister, and lost his father to malnutrition and exposure in those. Later he founded the Elie Wiesel Foundation and always spoke against the oppression around the world, including the soviet Jews, the ‘disappeared’ in Argentina, refugees in Cambodia, the Kurds, native Indians in Nicaragua and famine victims. He wrote books such as La Nuit, L’ Aube(Dawn), Le Jour(The Accident), and many more drawing from his own life and experience as a victim. Elie Wiesel passed away this year on July 2nd.
When you ask what is indifference, Siri or Google say it is a lack of interest, concern or sympathy. Is everything understood in that small sentence, or is there more to it? Do we really know how much indifference affects people around us? Elie Wiesel says,” the opposite of Love is Indifference and not Hate”.
Indifference is always tempting, as we would want nothing to do with things with which we are not affected. We always have our own goals and works to do. There could be a bomb killing tens of people, or a flood destroying hundreds of lives or even a community wiped away for ‘developmental’ projects. But no, we want nothing of that. Thinking we could never take the place of the ‘victim’, is betraying our own self. We see suffering in the news, on the roads even, and forget they are people just like us with families like we have.
Wiesel said “Anger and hatred even are a virtue, as they elicit a response. But indifference is always a friend of the oppressor”. He spoke about children, and how it broke hearts to see them suffer on the television, and I could only wonder, has anything changed today? How many children are we seeing, suffering in wars in the Middle East, bodies from upturned boats in Europe, trafficking all over the world, natural calamities, and what do we do about them?
I always thought, what CAN we do about them? Going around fighting all of these is definitely not pragmatic. But that day, I found an answer. If God has given us one voice to speak, technology today has given us numerous voices. When people are hurt, we should let them know we are with them. When we see suffering and we write a beautiful piece, or a symphony, many more will come and stand with us.
It isn’t true that none of us do anything. People react and BRAVO to them. But if we aren’t reacting, we should. We must be holding hands against the oppression around us. When the whole world, ‘our world’, crumbles around us, don’t we want a hand on our shoulder, and a voice saying ‘’ We are with you”.
Being indifferent in this day and age is much more easy, and fashionable even, to say, “I have got nothing to do with people”. But let’s not forget we are all together as part of humanity. Ignoring the human in us is what makes us inhuman.
P.S. The speech by Elie Wiesel is in “Speeches that changed the world”, by Simon Sebag Montefiere, and is a wonderful read.
Elie Wiesel was a holocaust survivor at the Jewish concentration camps in Nazi Germany, was separated from his mother and sister, and lost his father to malnutrition and exposure in those. Later he founded the Elie Wiesel Foundation and always spoke against the oppression around the world, including the soviet Jews, the ‘disappeared’ in Argentina, refugees in Cambodia, the Kurds, native Indians in Nicaragua and famine victims. He wrote books such as La Nuit, L’ Aube(Dawn), Le Jour(The Accident), and many more drawing from his own life and experience as a victim. Elie Wiesel passed away this year on July 2nd.
When you ask what is indifference, Siri or Google say it is a lack of interest, concern or sympathy. Is everything understood in that small sentence, or is there more to it? Do we really know how much indifference affects people around us? Elie Wiesel says,” the opposite of Love is Indifference and not Hate”.
Indifference is always tempting, as we would want nothing to do with things with which we are not affected. We always have our own goals and works to do. There could be a bomb killing tens of people, or a flood destroying hundreds of lives or even a community wiped away for ‘developmental’ projects. But no, we want nothing of that. Thinking we could never take the place of the ‘victim’, is betraying our own self. We see suffering in the news, on the roads even, and forget they are people just like us with families like we have.
Wiesel said “Anger and hatred even are a virtue, as they elicit a response. But indifference is always a friend of the oppressor”. He spoke about children, and how it broke hearts to see them suffer on the television, and I could only wonder, has anything changed today? How many children are we seeing, suffering in wars in the Middle East, bodies from upturned boats in Europe, trafficking all over the world, natural calamities, and what do we do about them?
I always thought, what CAN we do about them? Going around fighting all of these is definitely not pragmatic. But that day, I found an answer. If God has given us one voice to speak, technology today has given us numerous voices. When people are hurt, we should let them know we are with them. When we see suffering and we write a beautiful piece, or a symphony, many more will come and stand with us.
It isn’t true that none of us do anything. People react and BRAVO to them. But if we aren’t reacting, we should. We must be holding hands against the oppression around us. When the whole world, ‘our world’, crumbles around us, don’t we want a hand on our shoulder, and a voice saying ‘’ We are with you”.
Being indifferent in this day and age is much more easy, and fashionable even, to say, “I have got nothing to do with people”. But let’s not forget we are all together as part of humanity. Ignoring the human in us is what makes us inhuman.
P.S. The speech by Elie Wiesel is in “Speeches that changed the world”, by Simon Sebag Montefiere, and is a wonderful read.
- Mr. V. Stanley Edward
MBA I year.
ENNUI
Are you bored?
The immense pleasure you get when you realise you have
nothing to do
To the stage of cognizance where you really have
nothing to do..
It’s a journey of a full circle, filled with petite
realizations.
You will be preoccupied for that second, but don’t take
that moment for granted,
‘Cause you never know when work will leave your side.
Once again you will become a solitary reaper, Left to
your own imagination.
The mind shifts from one scenario to another,
Few are clear sailing, few not so..
The idea of becoming a winner to the idea of being
called by the devil...
This is what boredom does to you..
The most mundane consequences become intriguing...
And the most intriguing become prosaic..
Are you still bored??
-MS.
U.AKANSHA
BBM Final Year
ALGO_TRADING
Trading and
investing has become the norm for individual investors and traders as an
alternative investment apart from gold and land, since late 1990s as brokers
offer their services via a wide variety of online trading platforms.Trading is
nothing but an activity of buying and selling securities on stock exchanges.
Trading in securities can be done on long term basis referred usually as
delivery trading and a very short term trading which is usually within a day,
referred normally as Intraday-trading. A trading strategyisa plan designed to achieve a profitable return
by taking eitherlong or shortpositions in the stock market. The online trading
strategy through BSE and NBSE clicked mainly due to its verifiability,
quantify-ability, consistency, and objectivity which come with a package of
immense research that highlights its effective and efficient use of
infrastructure to bring in better returns for the investments made in stock
markets for investors.
As many of us
are aware, trading is done either by Individuals as ‘self’ or through broker
agents or by equity advisors of a broking firm. Similar in these lines we have
another type of trading called Bulk trading or block-trading or black-box
trading that is often done only by some of the broking firms especially in US,
UK and European countries. Usually this type of trading is also referred to as
High-frequency trading (HFT) especially in India which deals with trading done
in huge quantities or at a large scale. The high-frequency trading strategy was
first initiated by a company called Renaissance Technologies, USA. The other
major high-frequency trading firms in USA include Chicago Trading, Virtu
Financial, Timber Hill, ATD, GETCO, Tradebot and Citadel LLC.
Investopedia
defines HFT as “High-frequency trading is a program trading platform that
uses powerful computers to transact a large number of orders at very fast
speeds using complex algorithms
to analyze multiple markets and execute orders based on market conditions.
Typically, the traders with the fastest execution speeds will be more profitable than traders with
slower execution speeds”. Computerized trading is used primarily by institutional investors
typically for large-volume trades. Orders from the trader's computer are
entered directly into the market's computer system and executed automatically.
This type of trading involves
trading strategies based on algorithms or complex mathematical formulae, which
is carried out by computers to move in and out of heavy or large positions in
seconds or fractions of a second. The algorithms are closely guarded and
executed by their owners (broking firms) and are known as "algos"
hence this type of trading is referred as Algo-trading (Algorithmic trading). Analgorithm is a specific set of
clearly defined instructions aimed to carry out a task or process. The
algorithm one company uses is not similar to the algorithm used by another
company hence the effective ones churns out the best returns/profits out of
their investments.
Algorithmic trading is a process that uses
computer programming which follow a defined set of instructions while placing a
trade in order to generate profits at a certain speed and certain frequency
that is impossible for a human trader. These defined set of rules are based on
timing, price, quantity or any mathematical model based on either simple or
complex strategy it involves as per requirements of a broking firm. Apart from
profit opportunities for the trader, algo-trading makes markets more liquid and
makes trading more systematic by ruling out emotional human impacts on trading
activities.Algorithmic
trading is widely used by investment banks, mutual funds, and other
institutional traders, to divide large trades into several smaller trades to
manage market impact and risk. Algorithmic trading is
appealing to buy-side firms because they can measure their trading results
against industry-standard benchmarks such as volume weighted average price
(VWAP) or the S&P 500 and Russell 3000 indices in US.
Algorithmic trading volumes are also
currently driven by sell-side proprietary traders and quantitative hedge funds
which thrive with a never ending quest to
please their high end customers in order to acquire great deals from them. Such
traders continuously work on ways and means to attract their customers with
their innovative and die-hard spirit. The first to innovate broker gets a
significant advantage over the others in such competition, in both ways of
capturing large orders and a reputation of being a innovative thought leader.
This scenario is possible only when best algorithm is put in place to enjoy a
significant time window ahead of the competition if that algorithm addresses a
really unique execution strategy.
HFT firms do not consume significant
amounts of capital, accumulate positions or hold their portfolios
overnight.These HFT firms make up low margins with incredibly high volumes of
trades usually in millions.As a result, HFT has greater and higher risk than
traditional buy-and-hold strategies have. A High-frequency trader usually competes
against other HFT, and not on long-term investors. Members of the financial
industry generally claim that high-frequency trading substantially improves
market liquidity, lowers volatility and makes trading and investing cheaper for
other market participants.
On the flip side, research body
argues that HFT and electronic trading pose new types of challenges to the
financial system and the trading discipline which is very much grounded in the
market since decades.Several European countries have proposals to ban HFT due
to concerns about volatility which is experienced sometimes with sharp spikes.
High-frequency trading has been the subject of intense public focus and debate
since the May 6, 2010 Flash Crash. Regulators claim that these practices only
contributed to volatility in the May 6, 2010 Flash Crash and found that risk
controls are much less rigorous for faster trades. Nobel Prize–winning
economist, Michael Spence, believes that HFT should be banned keeping healthy
trading and long term perspective in mind.
In India, the debate over the use of
HFT has resurfaced after the recent release of Michael Lewis' book Flash Boys, which is critical of the
system. The discussion within SEBI is that stock exchanges should implement its
guidelines which statethat there should be a two-queue system for orders coming
from co-location and other mode. Such architecture will provide orders
generated from a space not co-located. This way there is a fair chance of
execution and also addresses the concerns related to being crowded-out by
orders placed from co-location, a SEBI official said. Co-location is like
proximity hosting, where the exchange hosts the subscriber's server at its data
center i.e near the master trading engine and helps in faster movement of data
and execution of trades. Not all traders can use co-location as setting up the
infrastructure as it involves huge costs.
In India, both National Stock
Exchange (NSE) and the BSE do not follow any separate queue system currently.
If implemented, this two-queue system would ensure stockbrokers who are not
co-located to have a fair and equitable access to the stock exchange's trading
systems, said SEBI. The regulator had said distribution ratio of orders from
terminals/servers that are not co-located to the orders from co-located servers
may be kept at 1:1 and, in future, it may be reviewed based on the feedback
from market participants.As per the latest data on NSE, HFT constitutes 17.15
per cent of the overall trading volumes. HF proponents say "SEBI's suggestion
cannot be implemented as Co-location is mainly for time priority. It gives
liquidity to markets with high number of passive orders. If orders that come
first may not go first, then people will stop using it. Separate order queues
will close down co-location".Only time will tell the future and
implementation of Algo trading but without strict compliance and guidelines it
would be calling in for a financial disaster if
implemented in India.
-
Ms. E. Madhavi
PhD Scholar, GIM.
Body_Lies!!!
Seeking your kind attention to the two words above,
what on this holy earth do they even mean?
What in the name of the various actions we all get into, is all this
body lies about?
Now, whatever you would read in the next few sentences,
I am sure, you would have experienced in some or the other time of your
life. Wait for it, keep on reading.
“You are such a wonderful student of mine! How
beautiful you look! What a perfect answer! Hey, I am just your friend okay!
Hahahahahahahahahahah! It is real pain when you don’t message me! You are the
best of all I had ever seen in my life! You are Awesome! You are beyond
comparisons! We are the best! Sweetest friend ever! Closest buddy! If you do
this, I will pay you this! Please do not try to compare me with anyone! It’s a
deal! Get out of my home!”
Yes, slowly, these dialogues, from somewhere, deep down
your sub conscious, suddenly sprouted into your now conscious, didn’t they?
This is what I would want to write today. The immense
amounts of emotions, feelings, ideas and ideologies we all go through at each
and every single given point of time and how these are indirectly not allowed
into the scene with body lies!!!
This is what I call it, with what I had seen in my past
23 years of my life. All those expressions, fewest of the few, in the third
paragraph are in some sense related to you. Someone would have told you the
same or in a bit better or a morbid way, makes no difference.
Can you actually identify any sentence which could have
been said with hidden intentions? Yes, I know you are counting hundreds of
them, already! Keep them all aside for a moment. Now think, could any of these
statements mean the same when someone said to you that way! Oh yes, you might
count few of them!
Lately, I had some shocking realizations about how
people can lie! Nerve impulses are so strong, god, I feel as if they really
carry some electric current in them to keep us tortured every single time with
these thoughts. We all tend to imagine, re clipping the whole conversation all
together, trying to observe how the other person was talking in the
interaction.
Selective perception and contrastive understanding,
human minds, we cannot do anything! Can’t we? When a person speaks, we try to
decipher him in the most modern way, better than anything you have known till
date!
When a person speaks up something, wait, still wait,
again wait, wait for a minute, and then possibly give them a comeback. This
doesn’t mean one has to sit looking like a dumbfounded creature before them. It
means, one has to try looking into the depth of the sentences that they pass on
into your brain cells. Decipher them using your codes, no problem. But, do not
fall prey to the body lies they create.
Their body sways, moves, flagellates, rocks, travels,
waves the way exactly you are about to understand it in. That is definitely
what they do not intend to tell. There is something hidden. There is something
you have to demystify.
Your Father, for example, might say “Get out of my
home” with an angry body gesture. Instead of just reacting, wait and try to
decode his body language. He is body
lying. His body lies have made you misunderstand his anguish. This is where we
are all failing.
Body lies is the new generation problem of many people.
Even we do this. Yeah, just think of one, woof, you got it. See, told you!
Sales, one of the most happening, ever continuing
phenomenon has to do something with body lies. You go to a guy, he has this
suit and tie, perfectly shaven chin, neatly pulled up hair, serious grin on his
face, well dressed, extremely well spoken. That could possibly be his first
day!
First days are always crucial; one has to decipher the
logics and codes used by the client or the customer. Getting into shoes is an
old phenomenon, you will have to get into his socks, you will have to become
his shoe horn, you will have to become his polish and you will have to become
his perfectly crafted, extremely comforting shoe sole. Getting into one’s shoes
is not just enough.
Salesman: Blah Blah blah (Routine Sales Pitch)
Him (client): Super, we will plan for it
Salesman: Wonderful sir! Will call you back after some
time.
Salesman: Hello sir! Shall we decide on terms and
conditions?
Him(client): No, We already gave it to some other
company
Salesman: Doomed!
You might have deciphered him wrongly when he said,
“Yes, let’s plan for it.” You might have taken his body lies for granted. You
might have acted according to his body lies. He was hiding his intentions in
his body language. Winner, towards the end would be him. Of course, you will
have to make him a winner, but not at the cost of you losing the game. Your
body lies and his should negate, and synergy is to be created. How? I am not
yet sure, I’m learning still.
This could happen with your parents, twins, elders,
friends and dear ones. Do not fall prey to the endless talk sessions, or the
body lies anybody would get you into. Disaster, it would lead you to.
But towards the end, I do understand that this is what
is completely my perception and might not be true in all cases. But watch out
for body lies people.
That was one simple example of what I could narrate to
you. I can already imagine you connecting the dots in many of your cases, with
different stakeholders in your lives. Please carry on!!!
Happy living !!!
Mr. Avinash Duvvuri
MBA – Alumnus (MBA, 2014 – 16)
THE_PATH_TO_SUCCESS
Success is a small word with a big meaning. This word decides how much respect we get from the society. One, who is not successful, is the one who has nobody to talk to. Some people say success means having a lot of money, while some say success means being an influential personality. But I say Success means doing what you love and loving what you do.Most of the people have less patience than the others, and that’s the reason they give up so easily. No diamond is found easily by just looking in the mine, we’ve got to find it...work hard on it. Suppose success is on Level 10, most of the people work hard till level 9 and they give up. They give up being so close to their goal. They don’t focus on their actual goal, they forget that where "focus goes, energy flows". For them, success means everything. It’s just that they don’t want to work hard.
Bill Gates, Mark Zuckerberg, Steve Jobs, and Robert Kiyosaki- all these people never sat on their sofa and played Video games thinking "No problem, I'll get a job somewhere easily". They knew their condition, they started their companies, worked hard 24x7, and now they are the most successful people.
Every student laughed at their innovative ideas back then, who’s laughing now?
98% Billionaires are self-made, in fact most of them started from nothing. They made a perfect plan. They worked hard.
They earned money. They invested it.
They earned it all back again and now they're Billionaires.
No matter if you fail once twice or thrice, but don’t lose hope. Hope is what pushes you towards the sky. If Bill Gates had lost the hope when he left the college, today he would be selling eatables on the roads but NO, he didn’t. He knew there is something within him which is trying to make him perfect. He found it. He heard the inner voice. He worked real hard.
Failure defeats losers, but inspires winners.
There are no regrets in life, just lessons.
Life is too short to spend it not pursuing you dream. Abraham Lincoln once said, "The best way to predict your future is to create it".
You cannot blame it on your parents, you cannot blame it on your friends, because all that has happened to you, is because of you.
If you don’t work hard, if you sleep 12 hours a day expecting some miracle would happen, buddy boy, you're done. Nothing is going to happen until you start it. Your hand is not going to move on its own, until you allow it. Work hard. Get successful.
Mr. Anubhav Bhatt
BBA (CIMA) 1st YEAR
Value_of_Friendship
For a person,
family proves to be an extraordinary backing in each part of life. In the event
that we look through the existence of a person, we can discover numerous
individuals who add value to life by backing them now and again. Among those
individuals who are included their life, "Friend" is the most
precious.
For a person, a
friend is the one who stays by his/her side constantly. It's not about
difficult times or typical life; we will have either on our side for that
specific issue. On the off chance that we are great and act decidedly for each
circumstance, there will be somebody or the other who will remain on our side.
Just keep one thing in mind- act naturally and individuals will be attracted to
you and will want to be your friend. For the most part everybody says that we
ought to be insightful in selecting a friend! I think about how we can
legitimize a person and choose to make specific individual as friend? In the
event that was a right proclamation, we won't have even one friend for our
lifetime since we will squander our time on breaking down individuals around us
and at last may wind up discovering none!
There is no
compelling reason to discover a friend in another spot! Simply act naturally.
It can help you to move to a specific gathering or if your method for living is
great, individuals will have a tendency to be with you. Up to this point it's
about being you, now we push forward intuition diversely to the present
situation around us:
In the present
society, if one can’t discover a person being with us like a friend for the
life time, he/she must not be disheartened. Every person has needs and needs
change from time to time. As time goes on we feel solace, even with the general
population around us during that period. We are in a society where people
usually approach a person only when we have any work with him/her. This
mentality keeps us on our guard for we fear that we also might be used and then
discarded.
Remember one
thing a friend is not a person who makes you learn some things in a good way. A
friend is a person who makes you learn numerous things badly.
·
Be
with a person where you can chuckle notwithstanding when are crying.
·
Be
with a person who teases you all the time by recognizing your shortcoming. This
is the way you can improve yourself.
·
Be
with individuals who listen to your words without getting exhausted .
Tune in, life is too short and there is
no confirmation that you will be alive for the following day. Carry on with
your life brightly where you can add appeal to yourself. Be with the people who
make you happy, avoid those who overlook you when times changed. Increase the
value of your life and the way you live by being unassuming. This is sufficient
to draw worthy individuals to you.
- MR. K. VIKAS
MBA FINAL YEAR
Is_Technology_an_Addiction?
Communication is very important in our day to day life. We feel happy that we are able to update our friends and peers with every small and big incident in our life. A Facebook or WhatsApp update on the specials cooked in the kitchen to buying the first car - all this has become possible because of the cellular phones and mobile phones. But are we realizing that, slowly we are going to an era of acute obsession towards technology, and digital presence is taking over the physical presence of a person?
I remember my days spending time together with family and friends, discussing any topic at tea time or dinner table. But now we have started ignoring family members and stopped visiting family friends. The current generation spends time with cell phones and tablets and focuses on building digital relations with friends. In the name of socializing we are spending all our time on Whatsapp, Wechat or Facebook .
I remember once I had been to a hotel with my family. Being a keen observer I was just looking around. I saw one couple sitting at an adjacent table; both of them were sitting with each other, they were chatting on their mobiles, but not with each other! I was surprised to see this change in the lifestyle of people. In the name of spending time we are physically with one person and digitally with another person.
When I was in school in the early eighties, we used to feel happy if someone visited us during the weekend or we visited someone. But now even if someone visits us, we don’t feel happy to spend time with them, instead we feel happy to spend time uploading pictures, sharing updates and chatting on the phone. In the process our personal information is no more personal, it’s known to everyone.
Younger generations are vulnerable to relations made on social media .They make friends and also get into other forms of relationships just depending on the information in the profile which is created by some stranger and which may or may not be true. The website creators have a system of verifying the phone numbers and some verify the email ids, but what about all the other information?
The generation I belong to has seen and experienced both non digital and digital era. But this generation I strongly feel needs to be cautioned about the era they are heading towards, an era which will make us lonely and unsupported. We move more towards communicating using technology, but personal relations are slowly fading away. We are probably getting to an era where attachment towards digital relationships is growing and we are no longer attached to persons who are with us.
All those who are getting addicted to chat and technology have to strike a balance in order to ensure that the Digital presence does not take over the physical presence of a person. The question which often comes to my mind is the addictive potential of IT (Information technology). Is there any solution to such addiction? We all should pause for a while, think, and identify our own levels of IT addiction and seriously consider if we require support to get rid of this deadly addiction??
I remember my days spending time together with family and friends, discussing any topic at tea time or dinner table. But now we have started ignoring family members and stopped visiting family friends. The current generation spends time with cell phones and tablets and focuses on building digital relations with friends. In the name of socializing we are spending all our time on Whatsapp, Wechat or Facebook .
I remember once I had been to a hotel with my family. Being a keen observer I was just looking around. I saw one couple sitting at an adjacent table; both of them were sitting with each other, they were chatting on their mobiles, but not with each other! I was surprised to see this change in the lifestyle of people. In the name of spending time we are physically with one person and digitally with another person.
When I was in school in the early eighties, we used to feel happy if someone visited us during the weekend or we visited someone. But now even if someone visits us, we don’t feel happy to spend time with them, instead we feel happy to spend time uploading pictures, sharing updates and chatting on the phone. In the process our personal information is no more personal, it’s known to everyone.
Younger generations are vulnerable to relations made on social media .They make friends and also get into other forms of relationships just depending on the information in the profile which is created by some stranger and which may or may not be true. The website creators have a system of verifying the phone numbers and some verify the email ids, but what about all the other information?
The generation I belong to has seen and experienced both non digital and digital era. But this generation I strongly feel needs to be cautioned about the era they are heading towards, an era which will make us lonely and unsupported. We move more towards communicating using technology, but personal relations are slowly fading away. We are probably getting to an era where attachment towards digital relationships is growing and we are no longer attached to persons who are with us.
All those who are getting addicted to chat and technology have to strike a balance in order to ensure that the Digital presence does not take over the physical presence of a person. The question which often comes to my mind is the addictive potential of IT (Information technology). Is there any solution to such addiction? We all should pause for a while, think, and identify our own levels of IT addiction and seriously consider if we require support to get rid of this deadly addiction??
Dr. Rajeshwari Panigrahi
Associate Professor
GITAM Institute of Management
GITAM University
THE_FUTURE_OF_OUR_CIVILIZATION
Today when most of the world is
affected by conflict and decline in ethical values, when terror organizations
like the ISIS have unleashed horrifying bloodshed across Europe, the Middle
East and Asia, when mass shootings and black versus white conflicts plague the
U.S., when India sees deepening casteist divisions, I am reminded of Dr. Sarvepalli
Radhakrishnan’s short book – KALKI or The
Future of Civilization (1929). A great teacher and philosopher, former
Indian President, Dr. Radhakrishnan once lived in our very own Vizag as the
Vice – Chancellor of Andhra University.
As per Hindu Puranas or ancient
scriptures, Kalki is the name of the last avatar or incarnation of Lord Vishnu.
Kalki, it is predicted, will rise in the Kali Yuga, the most sinful of all ages,
the end of the world, defeat the evil doers, destroy the old order and
establish a new order. Dr. Radhakrishnan’s book KALKI is not about the end of
the world or the arrival of an avatar called Kalki. Rather it is about the
problems faced by modern civilization and the ways and means to combat these
plagues. Radhakrishnan wrote the book decades ago, but the ideas in this volume
can act as a guiding force to us in these difficult times.
Firstly, Dr. Radhakrishnan tells us that
science and technology has advanced far more rapidly than the human mind and
soul. Our modern inventions have reduced the impact of physical distances, but
have not been able to bring together our hearts and minds. Radhakrishnan
presents a stunningly accurate analysis of the current state of every major
sphere of human life – Religion, Family Life, Politics, International
Relations. It seems as if he is predicting all the issues and problems we are
facing currently.
In the field of Religion, he says, “Chaos
reigns” (p.13). On the one hand, are those who wish to have all the
comforts of religion by indulging in blind faith and avoiding all
responsibilities and silencing their consciences. On the other, are those
intellectuals who have given up on religion and consider religion to be a
dead-end. For them there is no God, no escape, no vice or virtue, only the cold
darkness of death. It is only a minority who belong to the third category and
consider religion as a means to improve the world. Today, we have bands of
fanatics for whom terrorism in the name of religion is a great thing to do!
As far as Family Life is concerned,
Radhakrishnan says that the changing economic situations, lack of proper moral
and sexual education and advances in science, have transformed marriage from a
holy sacrament to a mere trial contract. Divorces abound and children suffer.
Marriage is a burden for many.
Next, Dr. Radhakrishnan turns to the
Economy. Industrialization has resulted
in lot of wealth for a few and had made our lives easier. But it has also made
life very dull and boring. In the age of mass production and monotonous routine
jobs, we are reduced to machines; there is no scope for creativity and
happiness in work. Above all, our wants are increasing by the day and so is our
work. We have no leisure, no time to enjoy the pleasures of nature or home, no
time to spend with and for ourselves and our dear ones, no concentration, no
wisdom and no peace. He writes, “…the industrial age has made us worshippers
of wealth… Wealth is the passport to the kingdom of heaven. Success by any
means and at any price has become our ideal” (p. 20).
Politics is the next area of focus.
It is not the really capable men who become our rulers. Those who become our
rulers are ultimately slaves of the rich and the powerful. And economic
inequality leads to political inequality. Our democracy cannot succeed until
our people become really cultured and educated. But the situation is quite
contrary – “It has become more easy to
get into a college and more difficult to get educated. We are taught to read
but not trained to think” (p.22).
As far as International Relations
are concerned, Radhakrishnan is very direct. He says that no nation is genuine.
They are all selfish and wish to dominate the world. The worst massacres are
glorified in the name of nationalism. “The
nations plead for peace and prepare for war” (p. 25). And once war breaks
out, all civilization is lost and every nation becomes worse than a beast.
The third part of KALKI is titled
‘The Problem’. Here Radhakrishnan tries to identify the root cause of all the
issues facing mankind today. The actual problem is that we have failed to see
human beings as a union of body, mind and soul. Our civilization has reached
only the first level of body. We are all still focusing on and trying to
satisfy the animal instincts within ourselves. We have a long way to go, we
need to move towards focusing on the mind and the soul.
The fourth part of the book is
called ‘Reconstruction’. Here Radhakrishnan speaks of the solution to our
modern day crisis. Coming to Religion, he says that, removing religion from
human life will not solve the problem. We need to realize that science and
religion are not enemies. Like Dr . APJ Abdul Kalam, Radhakrishnan feels that
science can in fact make us more aware of the power of God or the cosmic energy
pervading the universe. It is also important to accept all the various ways in
which people have been seeking God over the ages. Religion teaches that
suffering and sacrifice are not a curse, they are a challenge, a means to get
more and truer joy out of life. It also says that, even the most evil person
has a core of goodness within him or her. Such an attitude will increase our
faith in spirituality and grant peace to the globe.
In Marriage, the final goal should
be spiritual bliss and satisfaction. All
other joys of marriage should be stepping stones towards this goal. Men and
women should have a mature approach, the same moral codes and devote more time
and space to each other in marriage. Marriage calls for responsibility and must
never be approached lightly.
In Economics, it must be realized
that wealth is not all. After the satisfaction of our genuine basic needs, we
must devote time to leisure, to enjoy our work and our lives.
In Politics, democracy to be
successful must have minimum governance. We need to focus on removing economic
disparity and on producing intelligent voters and honest leaders.
Finally, in International Relations,
Dr. Radhakrishnan calls for an end to narrow-minded nationalism and the feeling
that only my nation is the best. A genuine affection and regard for all of
humanity is essential. Under no circumstances should war or bloodshed be
supported. Looking at the world as one family is the only way to survival.
It is up to the youth of India to
re-discover the magic of Dr. Radhakrishnan’s words and apply it in their daily
lives. By 2020, the average age of India will be 29 and we will have the
largest youth population in the world. We will be playing a crucial part in
shaping the world’s future. Let us remember the words of Dr. Radhakrishnan who
had great faith in and great affection for the young people of our great nation.
-Dr. Rositta Joseph Valiyamattam
Asst. Professor, GITAM Institute of Management, GITAM University.
STUDENT_ACHIEVEMENTS
- MS. APOORVA PATNAIK, IMBA 4TH YEAR, SECURED ADMISSION FOR ONE YEAR STUDY ABROAD MBA PROGRAM AT UNIVERSITY OF NEBRASKA, OMAHA, USA, FROM FALL 2016.
- MR KOWSHIK CHOUDHARY OF BBM FINAL YEAR WON THE FIRST PRIZE IN PHOTOGRAPHY CONTEST, JULY 2016.
- CONGRATULATIONS TO THE FOLLOWING B.COM HONS STUDENTS FOR CLEARING VARIOUS FUNDAMENTALS AND SPECIALISATION PAPERS OF ACCA –
Friday, July 29, 2016
MDP_ON_“EMOTIONAL_INTELLIGENCE_FOR_ORGANISATIONAL_DEVELOPMENT”
Prof. K. Ashok, Head, Department of
HRM, GITAM Institute of Management, organised a one day Management Development
Program for the executives working in HSBC, Visakhapatnam, on “Emotional
Intelligence for Organisational Effectiveness.” The program was held on 13th
July 2016, from 9:00 am to 6:00 pm at HSBC Hexagon House, Visakhaptanam. As
Daniel Goleman (1998) puts it ,” Emotional Intelligence is the capacity for
recognising our own feelings and those of others, motivating ourselves and for
managing emotions well in ourselves and in our relationships”. This program succeeded in highlighting the
importance of Emotional Intelligence in Organisational Perspective.
LECTURE_ON_GOAL_SETTING
Sri V V Sanyasi Rao delivered a lecture
on “Goal setting” for the first year MBA students on 9th July 2016. Mr
Rao has been a very active member in Students unions, Youth Congress and OCC. In
the seminar Mr. Rao emphasised on how important it is to set goals for
motivating oneself and planning one’s future. He also motivated the students to
be winners with quotes such as “Winners never cheat: even in difficult times.”
GUEST_LECTURES_FOR_FINAL_YEARS
Sri Edward Vinod Telstra noted corporate professional and
administrator from Australia delivered two highly beneficial guest lectures on
“Managing Distribution Channel through Personal Selling” and “Consumer
Behaviour: Managing Cross Cultural Marketing Issues” for the MBA final year
students on 21st and 23rd June, 2016.
INDUCTION_AND_ORIENTATION_FOR_MBA_FRESHERS
Thursday, July 28, 2016
INTERNATIONAL_YOGA_DAY_AND_MEDITATION_CAMP
Centre for Gandhian Studies,
GITAM Institute of Management organised a Yoga and Meditation camp from 17th
June 2016 to 21st June 2016, to commemorate the International Yoga Day. The camp witnessed a
series of lecture cum training and demonstration sessions in various forms and
aspects of Yoga. A large number of faculty, students and general public
benefitted from the event. The event was inaugurated by Prof. M.Potharaju,
Registrar, GITAM University, in the presence of Prof. P.Sheela,
Principal, GITAM Institute of
Management and Dr. N. Jhansi Rani, Co-ordinator, Yoga programme, GITAM
University.
As a part of these celebrations the
following five programs were organized from 17th – 21st
June, 2016. The main objective of all
these programs was to spread awareness about Yoga among students, faculty,
non-teaching staff and general public. Yoga exhibition was inaugurated on 17th
June, 2016 by Registrar, GITAM University.
In this exhibition a display of books related to theory, research and
practice of Yoga, charts of yoga postures, accessories related to yoga practice
was made. Registrar, GITAM University also inaugurated the 3 day Pranayama camp
on 17th June. Historical
background of Pranayama, nature of Pranayama, dos and don’ts of Pranayama,
physiological and psychological benefits of Pranayama were explained in this
camp. Different techniques of Pranayama
that are practised by Hatha Yoga system were taught during Pranayama camp. Yogasana competitions for Students, faculty
and staff of GITAM University were conducted separately. Online essay competition on “Relevance of Yoga in Education” was also conducted for students, faculty and
staff of GITAM University. Winners were
given prizes and certificates in the Valedictory function. On 21st June, 2016 Yoga
Demonstration was organised with the active participation of dignitaries of
GITAM University, students, faculty and staff.
BUILDING_A_BILLION_DOLLAR_STARTUP
On
28th June, 2016, students of GITAM Institute of Management had the
benefit of listening to Mr. Anand Govindaluri, MD & CEO, GOVIN CAPITAL,
Singapore. He is also a representative of Singapore Institute of Management
(GE).
Prof
P. Sheela, Principal, GITAM Institute of Management welcomed the gathering. Mr.
Ananad Govindaluri explained in depth about the five start-up commandments
which are: invest in people, clear business model, focus on building value and
valuations will follow, cash is king, begin with the end in mind. He
highlighted the value of friendship and said that friends are the true mentors
in life after our parents. He spoke about the evolution of Singapore. He told
that the investors look for, People: strong management team, Market:
sustainable business models and good exit strategy, Technology. He also spoke
about the key success factors for technical start-ups and said that having a
vibrant ecosystem is very crucial. He also shared many of his life experiences
with the students. He quoted one of the famous quotes of Leonardo Da Vinci,
“Simplicity is the ultimate sophistication”.
Mr.
Akula Mallikarjun, MD, Manuh Global Technologies and Mr. S. N Roy, ED, Manuh
Global Technologies also addressed the gathering regarding the start-up ideas.
Prof P. Sheela, Principal, GITAM Institute of Management proposed the vote of
thanks. The session was very interactive. Large number of faculty and students
of GITAM Institute of Management actively participated in the session.
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