Monday, November 24, 2008

the towel story

A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. After a few seconds of arguing over which one should go and answer the doorbell, the wife gives up, quickly wraps herself up in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbor.

Before she says a word, Bob says, “I’ll give you £800 to drop that towel that you have on”

After thinking for a moment, the woman drops her towel and stands naked in front of Bob.

After a few seconds, Bob hands her £800 and leaves. Confused, but excited about her good fortune, the woman wraps back up in the towel and goes back upstairs. When she gets back to the bathroom, her husband asks from the shower, “Who was that?”

“It was Bob the next door neighbor,” she replies.

“Great,” the husband says, “did he say anything about the £800 he owes me?”

Management Lesson: If you share critical information pertaining to credit and risk in a timely fashion with your stakeholders, you may be in a position to prevent avoidable exposure.

Wednesday, November 19, 2008

QUOTE UNQUOTE ...

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'The financial situation at the moment is so bad that
women are now marrying for love'

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Tuesday, November 11, 2008

Wall St crisis and Technology

The Wall Street crisis has also taught us a great deal about technology.

For years we've listened to software companies tell us that, with technology, our decision-making will be made easier. And we'll be making better decisions. We'll have better facts. We'll be able to do better analysis—in small businesses, large enterprises, and financial-services firms.

And yet, the markets still crashed despite all this cutting-edge magical stuff. Where were the alerts? The safeguards? Those special programs and whiz-bang tools that so many tech companies promised? It didn't do much for Bear Stearns, Merrill Lynch , and AIG. Those guys had a lot of great and expensive technology, but they still tanked.

This financial crash has taught us that even the best technology doesn't do a very good job predicting anything—or even helping business owners and managers make decisions. At best, technology can help us do something faster. But we are a long way off from artificial intelligence. So, the next time some software sales guy tries to tell us that his business application will do anything more than increase productivity, We'll be hard-pressed to believe it.

For years the rage has been stocks and markets, and everyone's buying, buying, buying, and I'm an idiot if I'm not participating. The same goes for technology. Each week there's another new thing: software sold as a service (SaaS), cloud computing, Linux, Speech to Text, virtualization, Web 2.0, mobile computing, you name it. Sometimes I feel like just because I'm not doing any of these things I'm missing out on the party. Well, the financial mess we're in right now has taught me that maybe it's not always a great thing to be in the party.
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I myself is feeded by these tech .. but still I cant understand the worth of monney (read Billion of $$$) is worth the expenditure..
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Monday, November 10, 2008

Bawra Mannn

Heard a beautiful songgg .. with awesome lyrics ... a song sung from heart ..i just loved it ..

Bavra Mann Dekhne Chala Ek Sapna
Bavra Mann Dekhne Chala Ek Sapna
Bavre Se Mann, Ki Dekho Bavri Hain Baatein
Bavre Se Mann, Ki Dekho Bavri Hain Baatein
Bavri Se Dhadkaane Hain, Bavri Hain Saansen
Bavri Si Karwaton Se, Nindiya Door Bhaage
Bavre Se Nain Chaahe, Bavre Jharokhon Se, Bavre Nazaron Ko Takna
Bavra Mann Dekhne Chala Ek Sapna
Bavre Se Is Jahan Main Bavra Ek Saath Ho
Is Sayani Bheed Main Bas Haathon Mein Tera Haath Ho
Bavri Si Dhun Ho Koi, Bavra Ek Raag Ho
Bavri Si Dhun Ho Koi, Bavra Ek Raag Ho
Bavre Se Pair Chahen, Baavron Tarano Ke, Bavre Se Bol Pe Thirakna.
Bavra Mann, Dekhne Chala Ek Sapna
Bavra Sa Ho Andhera, Banvri Khamoshiyan
Bavra Sa Ho Andhera, Bavri Khamoshiyan
Thartharati Low Ho Maddham, Banvri Madhoshiyan
Bavra Ek Ghooghta Chahe, Haule Haule Bin Bataye, Bavre Se Mukhde Se Sarakana,
Bavra Mann, Dekhne Chala Ek Sapna