Thursday, August 19, 2010

Have Indians become Immune to Inflation?

How many times in India have we witnessed opposition political parties creating hullabaloo over high inflation against the ruling party?
Take a recent example of the opposition stalling Parliament proceedings over high food inflation. Before that, the NDA and other political outfits had also called for a 12-hour ‘Bharat Bandh’ on July 5 on the burning issues of hike in fuel prices and untamed inflation.


Up to What extent price will increase?


Economic Growth and Inflation are said to be 2 sides of a same coin. Sustained growth triggered by rising aggregate demand can lead to acceleration in inflation as the economy consumes its scarce resources, leading to inelasticity in the near-term supply side dynamics.

Unfortunately, in most cases the finance minister of the ruling party postulates the root cause of high prices as supply-side constraints, backed by the robust domestic demand fuelled by growth, to shield itself from the spiraling inflationary scenario and accelerated food prices.
Moreover, the inflationary trend is prevalent not only in food articles but across the board – be it in the form of education, healthcare, consumer durables or even transportation costs. The longevity and stubbornness of thriving inflation raises one very interesting question in the mind:
In fact, speaking about Indians becoming more immune to Inflation, reminds me about our Media channels. The manner in which the Media people broadcast the inflationary issues on their NEWS channels, it gives a feeling that they are certainly adapt in making a mountain out of a molehill.
Prices of most pulses are high due to demand-supply mismatch and people are prompted to pay as high as up to Rs. 100 a kg for selected variety of pulses. Consumers are hit badly as retail prices of most food commodities are ruling about 50% higher than the wholesale market. Thankfully, sugar prices have slumped more recently from its yearly highs.
It is said that Indians, now, have become more used to the price rises than ever before. Potato prices have already soared in the retail markets at Rs. 20 per kg. Moreover, Pakistan has started importing potatoes and tomatoes from India after floods in the country destroyed the crops. This could lead to further hardening of prices in potatoes domestically.
Tomato prices are already quoting sky-high at Rs. 40 per kg in India. Thus, even the most basic food items, used by rich and poor both, like potatoes and tomatoes are not spared from the hit of inflationary monster.
Higher CPI has co-existed with high consumer demand for almost two years now. For a country like India which is used to an average inflation of less than 5% from 1996 to 2006, the sustenance and tolerance of high double-digit inflation by the Indian public, for as long as last 2 years, comes as an unfamiliar development.
One reason of this increased tolerance level amongst the public could be rise in income levels. Post recession, there is a marked surge in attrition levels – signaling rebound in the salary and wages of employees of private firms. In fact, the Sixth Pay Commission has also played a significant role in providing boost to the overall wages of public sector employees.
On the national level, even government has increased its spending on various infrastructural and social sector spending programs such as Pradhan Mantri Gram Sadak Yojana and National Rural Employment Guarantee Scheme among various other state-owned initiatives.
Emergence of Rural BPO sector has also played its own role in ensuring incremental job opportunities going deeper and remote into the Indian villages and towns. More demand begets more jobs. And, more jobs can translate into higher income and spending ability.
Once higher rural spending by the Centre and job opportunities spurred by the higher economic growth start trickling into the economy, it leads to gradual spurt in demand for various high-end goods and services. Take, for instance, higher rural income could call for a higher demand for consumer durable goods such as LCD televisions, microwave ovens, refrigerators or even mobile handsets.

Tuesday, July 6, 2010

Need for companies to adopt Micro-Blogging platforms?

Twitter has taken micro-blogging to a whole new level where now almost every internet savvy user relates to it. However, even when a micro-blogging platform like Twitter has found great acceptance from an individualistic perspective to share thoughts/opinions, the debate is still on whether



Companies should be using the Micro-blogging platform?



Ok, the social media mavens would say that it is a must for companies to be present on micro-blogging platform to listen to their customers and also keep a window open for generating leads.



Hard pressed for examples ? Dell making million dollar sales from its twitter account is one that is used almost with certainty. However, it is not only about hard tangible benefits in the form of increased sales that companies should be targeting. There are many more intangible benefits that make the case for companies to start utilizing micro-blogging platforms.



A study reveals some interesting insights on how consumers from different countries respond to companies present on Micro-blogging platforms and the results are heartening. India does not feature in the list, but even then the survey results justify the case for companies to get on to micro-blogging platforms and engage with the audience



Consumers appreciate companies monitoring micro-blogs

With the growing adoption of microblogs across the globe, a good percentage of consumers use the platform for sharing their thoughts/opinions and connect with other people. In all this chatter, companies that monitor and listen to microblogs to understand what the consumers are saying about the company’s products/services are more likely to be liked by the consumers.



How consumers feel about companies monitoring microblogs





More than 50% of the consumers from all these different consider it is indeed positive that companies present on microblogs monitor and respond to consumer’s issues. Very few people think that companies are violating their privacy or the companies are just hopping on to the micro-blogging platform as a fad and don’t do much else.



China, in fact, has 94% of the consumers saying that they would much rather have companies utilize the micro-blogging platform for listening and responding to issues



Consumer trust increases in the companies that Micro-blog

For companies in any segment and especially in the B2C segment, Consumer Trust is a deal breaker. Companies that are considered trustworthy by consumers are expected to fare better than others given the long term loyalties and increased chances of Word Of Mouth Publicity. So, if a presence on a micro-blogging platform helps you increase the trust factor with your consumers one wee bit, it sure is worth it.



How much consumers trust companies that microblog





The chart clearly suggests that the consumers from different locations indeed trust companies more if they are present on microblogs with only a few suggesting that it actually works the opposite and consumers lose trust in the company. Chinese consumers are most positive about the presence of companies on microblogs and almost everyone (in the survey) shows increased levels of trust.



The findings are suggestive of the need for companies to make their presence felt on microblogs and ensure that they engage with their users. Moreover, Chinese consumers are the most positive of the lot when it comes to championing the cause for company microblogs. So if Chinese consumers fall under you target market you might as well start thinking on creating a micro-blogging strategy if you don’t have one already.



The study unfortunately does not include Indian demographics which would have been much more interesting but even then the findings do depict a positive case for ‘Companies on Micro-blogs’.



From my personal experience, I have witnessed a few great examples from companies in India using the micro-blogging (twitter) platform in reaching out to their consumers. Telecom companies specially Airtel has recently been actively monitoring twitter and it is reaching out to consumers helping them resolve their issues in real time. The signs are definitely there that companies can benefit from using the micro-blogging platform in ways other than deriving increased revenues alone.



What are your thoughts on companies getting on to microblogs? Does it result in you developing a positive connect with the company or the companies are not doing enough to reach out to your problems?

Sunday, June 13, 2010

why india will be superpower?--->>> 12 hints

World’s First CEO-Style Prime Minister


Who introduced professional leadership in politics? Barack Obama? Of course not. For all his NGO work, his oratory powers, and his professional education, the fact remains that Obama is a political leader and not a seasoned professional in economics or governance. He has to consult Ben Bernanke and others economists to understand the complex challenges. Contrast this with India’s once makeshift Prime Minister. He will never win a Nobel Prize for Economics, but Dr. Manmohan Singh’s Oxford education, and his professional career with UNCTAD, India’s Ministry of Foreign Trade, Ministry of Finance, and as the Governor of Reserve Bank of India, make him more than enough to understand the complex economic challenges on his own. In a world where the political challenges are all increasingly economical, that is a definite plus for India. More than that, Dr. Singh’s repeat success in 2009 has forced other political combinations like the BJP-NDA too to consider professional leadership, which is a development that can transform India into a superpower much earlier than anticipations.



Family Values Drive Savings & Entrepreneurship

Nobody knows for sure whether family as an institution will survive as long as the earth, but if it does, India will be family’s last bastion. It is not just a matter of allowing or not allowing gay and lesbian sex, but a matter of children, children’s children, and transcending one’s existence. Struggling to have children, struggling more to bring them up, and struggling even more to keep them from fighting each other like Kokilaben, and forcing them to have families of their own are all chapters of the Great Indian Story. 22 years is considered late for a girl to get engaged, even if she is Sania Mirza. Here children never grow up, at least for their parents. And reverse mortgage will never become fashionable. Here homes and houses are for keeps, for generations. How this will translate to a booming India is simple – India’s entrepreneurship and its savings culture are rooted in its family. Grandparents, uncles, or parents run joint families almost like a small business. Family is India Inc’s smallest unit. And family keeps India young. If nations like USA, UK, & Japan had once reached superpower status relying on their strong families, and started withering based on their weakening families, India has an unbeatable long-term edge in this regard.



Cricket Fosters the Competitive Spirit

Yes, it is India’s cricket. Not an Englishman’s game anymore. Don’t be fooled by Pakistan and Sri Lanka battling it out for top honors recently, while India watched on the sidelines. That is Indian complacency, Indian overconfidence. But India will rebound. If Ramayana, Mahabharata, & Gandhiji were the only things holding this diverse nation together once, today India has cricket. Whether you like it or not, Sachin and Dhoni are as revered as characters from the epics or India’s freedom struggle. And not without reason too. It was cricket that defined India’s competitive spirit. The man on the street can’t understand India’s philosophical uniqueness or the country’s software prowess. But the moment he watches Dhoni & Co playing the Australians, he realizes – India can! India’s population strength will ensure that the cricket industry will be more and more India centric, even while forcing traditional sporting giants but non-players like USA, Brazil, and the European nations to adopt the game. Cricket is something that made India shrug off its non-competitive attitude from the ancient times. Every superpower needs its brand of nationalism, and cricket is India’s version.



Passionate About Information Technology

If anybody thought India’s information technology is only about business applications programming and outsourcing, they are going to be wrong. TCS, Infosys, Wipro, and the hundreds of smaller IT companies are only part of the story. Indian engineers have a noticeable presence, if not a dominant presence in the world’s top IT products and consumer applications companies like Google, Microsoft, Yahoo, Oracle, IBM, HP, Adobe, and lots more. Imagine a scenario where India somehow taps into this talent base. That day we will wonder what we used to call IT until now. Information Technology will achieve for India what automobiles did for making USA a superpower, what electronics did for making Japan a superpower, and what military manufacturing did for making Russia a superpower.



No Enmity With Any Nation

Not exactly Gandhi’s non-violence, but India still is one of the most non-violent nations on earth. And it is a mature, seasoned non-violence. Because, India had its experiments with strategic violence, be it Bhindranwale or Prabhakaran. But India was fed up soon. Violent means to achieve anything is not just Indian. India is interested in the world, but not terribly interested in Middle East, Afghanistan, or North Korea, thereby freeing enormous energy and resources for development. Even the response to the 2008 Mumbai terrorist attacks was superb, something only India was capable of. Had India responded immaturely then, Pakistan would have been torn apart into two nations by the Taliban, which would have been an even dangerous scenario for India. India's patience with Pakistan has ultimately forced the world and Pakistan to admit its experiments with terrorism, including owning up the 2008 Mumbai terrorist attacks. The country’s eventual superpower status will be unique in that India will be the first non-violent superpower, not resorting to violent means in its past, present, or future.



Of The People, By The People, For The People

The good news is that the world’s largest democracy is working. If showing the door to the flashy types is one parameter of a vibrant democracy, Indian democracy is alive and kicking. Lalu, Mayawati, & Buddhadeb learnt it the hard way. Indian voters can’t be fooled easily. They reiterated many things that were always true. Like for example, Advani is no replacement for Vajpayee. Best performing Chief Ministers from all sides led their parties to thumping victories in the last general elections. With 33% and 50% reservation coming for women in parliament and local governments soon, India’s democracy looks just unstoppable. Isn’t it just a matter of time before the world’s largest democracy becomes one of the world’s superpowers too?



Communalism is Getting Weaker

Leaders like Gandhi and Nehru harped on about secularism with a definite agenda. Because, they were smart enough to realize that communalism is the country’s only bane. But India is finally showing definite signs of growing up on this front. The miserable failure of the Ayodhya Temple plank during the recent election is a definite sign that the people are more Indian and less Hindu or Muslim now. With one of the largest Muslim and Christian populations in absolute numbers, India’s secular credentials will only get stronger by the years. Ongoing economic development will make secularism stronger and stronger, thus taking India closer and closer to superpower status.



Not a Lawless Land Anymore

One of 2009’s most startling Indian images is of Maya Kodnani, a Gujarat Minister, getting arrested for her alleged involvement in post-Godhra communal violence. Whatever be the court verdict on her eventually, that simple act proved a profound lesson – this country which is often tarnished for its lawless pockets, is not just the same anymore. Kerala’s CPM Party Secretary Pinarayi Vijayan also learnt the bitter lesson recently, when CBI charge-sheeted him on a major corruption case. India sometimes resorts to strange tactics to ensure rule of law. Prabhakaran was wanted for killing former Prime Minister Rajiv Gandhi, and India maintained an aggressive silence when neighbor Sri Lanka finished off Prabhakaran and his LTTE systematically. A similar tactic is now pursued by US against Taliban , Al-Qaeda, and Osama bin Laden, by using Pakistan. The fact that India can decisively move against the guilty, however mighty they might be, and whether they are inside or outside the country, speaks about the country’s emerging superpower-class power.



A Talented Race

It is not just APJ Abdul Kalam, AR Rahman or Saina Nehwal. Indian talents are getting noticed in diverse fields like business, technology, governance and what not. It is a sort of coming off age for Indian talents now. Agreed, not many like Ram Charan, Indra Nooyi, Padmasree Warrior, Arun Sarin, Sanjay K Jha, or Rajiv Ouseph are working or playing for India. But the message is clear. Indians are supremely talented. If USA became a superpower by attracting talents from worldwide, India has plenty inside.



Native English Speakers, Almost

One hundred years from now, there is every reason that English will be identified with India and not England or US. With a population more than double that of English strongholds like USA, UK, Canada, & Australia combined, this should be a reasonable projection. Middleclass Indian youth are not learning English anymore; it is almost their native language. If English is the international language of business and collaboration, this poses some problems to India’s competitors like China & Brazil to be the next superpower.



Natural Aces Like the Himalayas & Coastline

The natural resources of India are still to be realized. Just two examples would suffice – the country’s long coastline and the one and only Himalayas. Today’s technology may not be enough to fully tap these resources, but a day will come when India will be looked upon as a much more resourceful country than ever thought before. And just as in the case of USA, natural resources will be an ace up India’s sleeve in the days to come. India’s possession of two-thirds of the global occurrence of thorium, the alternate nuclear fuel to uranium, is just one hint.



International Competition is More Like Tug-of-War Now

Yes, there was a time when India used to think of her children as one billion mouths to feed. Not any more. Today it is like playing tug-of-war. Each nation’s youthful working class is their team. And India has a pretty growing team. With a burgeoning working middleclass – that is larger than USA’s population - it is only a matter of time before many teams slide against India. For the second-largest population in this globe, becoming at least the second-most powerful superpower might be easier than imagined.



No other aspiring superpower has all the core drivers of a superpower – population, democracy, leadership, nationalism, talent, youth, language, and resources – as much as India has. If India takes on its triple challenges of alleviating poverty, eliminating corruption, and ensuring growth, it will enter the superpower league effortlessly.

Thursday, June 10, 2010

Top 3 myths about stock market!!!

Myth 1: Stocks with High PE ratio are Expensive







The most common myth among the investors is that the Price to Earning Ratio (P/E) is the ultimate analytical tool to understand the valuations of a company’s stock price. Even as the P/E is one of the most important gauges to base an estimate on the stock’s valuations, it is not the sole statistical figure that throws light on whether to buy a stock or not.






Investors feel that if P/E is high, stock is over-valued and vice versa. However, that is not correct. Just give a thought – When are share prices allotted high P/E valuations?






The market allots a high P/E to a particular scrip’s valuation when the prospects or fundamentals of that counter is estimated to be an out-performer in terms of earning potential over a period of time, say, for example, 1 year forward earnings.






Even as the stock price could be quoting at a higher P/E valuation currently, the market signal could well be that as proceeds from the higher earnings start trickling in; the valuations of the stock will be rendered with a sobering effect going forward.






Myth 2: Stocks quoting Below Rs.50/- are Cheap






Yet another most common understanding among new investors is that stocks which quote below a certain price range, say, for example, stocks quoting below Rs.100 or Rs.50, are cheap in terms of valuations.






Over here, one must remember that a stock price in no way indicates the actual valuation of the company’s stock. The valuations of a stock price are gauged by factors such as P/E, Price to Book Value, Price Earnings to Growth Ratio (PEG), Earnings per Share (EPS), Return on Assets and Growth Rate among others.






Just imagine, if stocks could have been valued simply by price, people would have never bought stocks which quote above, say, Rs.1000 or 2000. They would always buy stocks within the range of Rs.50-100/-. Don’t you agree?






Suppose you want to invest Rs.10000 in equity markets. With so much money you can either buy 4 shares of Infosys Technologies quoting at around Rs.2600 or 525 shares of Hindustan Motors (HM) currently at Rs.19 per share.






But, if you calculate the percentage rise or fall (let’s assume 3% up) in the stock price of both – 4 shares of Infosys and 525 shares of HM – you will realize that the net gain in actual terms for both the stocks remains same from the fluctuation in the stock prices.






Myth 3: Multi-baggers can be Explored only amongst Mid-caps


The term ‘multi-bagger’ is the most over-rated in the world of stock markets. First of all let’s discuss as to what does a multi-bagger mean? The term multi-bagger is used for stock where the price appreciation has been significantly higher than other stocks.






Usually, we measure the returns from a stock price in terms of percentage price appreciation, for example, 30% gains or 40% gains. Whereas returns from a multi-bagger stocks are measured in terms of certain number of ‘times’ of the original investment or more than 100% returns, for example, a stock ‘X’ has appreciated 2 times or 5 times from the price an investor could have bought.






The most common myth about the term multi-bagger is that most of such stocks could be explored amongst small or mid-cap stocks with lower base size. However, that is not true. Investors can as well explore such multi-baggers amongst fundamentally sound large-cap counters but at a time when the valuations are at their cheapest.






Take, for example, during the recent global recession, several large-cap jewels had sullied at depressing lows. The stock price of Bajaj Auto had slumped to Rs.315/- as on December 5, 2008 and has surged to a Rs.2200/- as on June 8, 2010, a whooping 7 times price appreciation for its lows.






There are plenty myths among investors in the stock markets. But, I’ve mentioned only three of the most common ones in the mindset of gullible investor


Saturday, May 8, 2010

Now No Tough Interview Questions!!!


  1. Tell me about yourself.
    It seems like an easy interview question. Its open ended. I can talk about whatever I want from the birth canal forward. Right?
    Wrong. What the hiring manager really wants is a quick, two- to three-minute snapshot of who you are and why youre the best candidate for this position.
    So as you answer this question, talk about what youve done to prepare yourself to be the very best candidate for the position. Use an example or two to back it up. Then ask if they would like more details. If they do, keep giving them example after example of your background and experience. Always point back to an example when you have the opportunity.
    Tell me about yourself does not mean tell me everything. Just tell me what makes you the best.
  2. Why should I hire you?
    The easy answer is that you are the best person for the job. And dont be afraid to say so. But then back it up with what specifically differentiates you.
    For example: You should hire me because Im the best person for the job. I realize that there are likely other candidates who also have the ability to do this job. Yet I bring an additional quality that makes me the best person for the job--my passion for excellence. I am passionately committed to producing truly world class results. For example . . .
    Are you the best person for the job? Show it by your passionate examples.
  3. What is your long-range objective?
    Make my job easy for me. Make me want to hire you.
    The key is to focus on your achievable objectives and what you are doing to reach those objectives.
    For example: Within five years, I would like to become the very best accountant your company has on staff. I want to work toward becoming the expert that others rely upon. And in doing so, I feel Ill be fully prepared to take on any greater responsibilities which might be presented in the long term. For example, here is what Im presently doing to prepare myself . . .
    Then go on to show by your examples what you are doing to reach your goals and objectives.
  4. How has your education prepared you for your career?
    This is a broad question and you need to focus on the behavioral examples in your educational background which specifically align to the required competencies for the career.
    An example: My education has focused on not only the learning the fundamentals, but also on the practical application of the information learned within those classes. For example, I played a lead role in a class project where we gathered and analyzed best practice data from this industry. Let me tell you more about the results . . .
    Focus on behavioral examples supporting the key competencies for the career. Then ask if they would like to hear more examples.
  5. Are you a team player?
    Almost everyone says yes to this question. But it is not just a yes/no question. You need to provide behavioral examples to back up your answer.
    A sample answer: Yes, Im very much a team player. In fact, Ive had opportunities in my work, school and athletics to develop my skills as a team player. For example, on a recent project . . .
    Emphasize teamwork behavioral examples and focus on your openness to diversity of backgrounds. Talk about the strength of the team above the individual. And note that this question may be used as a lead in to questions around how you handle conflict within a team, so be prepared.
  6. Have you ever had a conflict with a boss or professor? How was it resolved?
    Note that if you say no, most interviewers will keep drilling deeper to find a conflict. The key is how you behaviorally reacted to conflict and what you did to resolve it.
    For example: Yes, I have had conflicts in the past. Never major ones, but there have been disagreements that needed to be resolved. I've found that when conflict occurs, it helps to fully understand the other persons perspective, so I take time to listen to their point of view, then I seek to work out a collaborative solution. For example . . .
    Focus your answer on the behavioral process for resolving the conflict and working collaboratively.
  7. What is your greatest weakness?
    Most career books tell you to select a strength and present it as a weakness. Such as: I work too much. I just work and work and work. Wrong. First of all, using a strength and presenting it as a weakness is deceiving. Second, it misses the point of the question.
    You should select a weakness that you have been actively working to overcome. For example: I have had trouble in the past with planning and prioritization. However, Im now taking steps to correct this. I just started using a pocket planner . . . then show them your planner and how you are using it.
    Talk about a true weakness and show what you are doing to overcome it.
  8. If I were to ask your professors to describe you, what would they say?
    This is a threat of reference check question. Do not wait for the interview to know the answer. Ask any prior bosses or professors in advance. And if theyre willing to provide a positive reference, ask them for a letter of recommendation.
    Then you can answer the question like this:
    I believe she would say I'm a very energetic person, that Im results oriented and one of the best people she has ever worked with. Actually, I know she would say that, because those are her very words. May I show you her letter of recommendation?
    So be prepared in advance with your letters of recommendation.
  9. What qualities do you feel a successful manager should have?
    Focus on two words: leadership and vision.
    Here is a sample of how to respond: The key quality in a successful manager should be leadership--the ability to be the visionary for the people who are working under them. The person who can set the course and direction for subordinates. The highest calling of a true leader is inspiring others to reach the highest of their abilities. I'd like to tell you about a person whom I consider to be a true leader . . .
    Then give an example of someone who has touched your life and how their impact has helped in your personal development.
  10. If you had to live your life over again, what one thing would you change?
    Focus on a key turning point in your life or missed opportunity. Yet also tie it forward to what you are doing to still seek to make that change.
    For example: Although Im overall very happy with where Im at in my life, the one aspect I likely would have changed would be focusing earlier on my chosen career. I had a great internship this past year and look forward to more experience in the field. I simply wish I would have focused here earlier. For example, I learned on my recent internship… …then provide examples.
    Stay focused on positive direction in your life and back it up with examples.

Thursday, May 6, 2010

NOW NO CONFUSION--->>CV Vs RESUME!!!

Curriculum Vitae vs Resume - Not The Same Thing

While most of us use the terms 'Curriculum Vitae' (CV) and 'Resume' interchangeably, there is a difference between these two documents.

To understand this, let us look at the literal meaning of these two terms:
Curriculum Vitae: The course of life And Resume: summary

The primary difference between a CV and a resume is the length and the purpose. A resume is a shorter, briefer summary of your skills and experience. A goal of resume writing is to be brief and concise since, at best; the resume reader will spend a minute or so reviewing your qualifications. A Curriculum Vitae, commonly referred to as CV, is a longer (two or more pages), more detailed synopsis. It includes a summary of your educational and academic backgrounds as well as teaching and research experience, publications, presentations, awards, honors, affiliations and other details.
The Curriculum Vitae
The main features of the CV are outlined in brief below:
  1. The Curriculum Vitae is a list of all your achievements until the date you are submitting it, presented in reverse chronological order (i.e. the latest achievements first)
  2. The Curriculum Vitae is ideally two pages in length, though it can sometimes go up to three to five pages
  3. The Curriculum Vitae would include everything that you have done and can be classified as work outside the home - whether paid or unpaid; hence, it is okay if the Curriculum Vitae contains voluntary and honorary positions and work done in such positions
  4. The Curriculum Vitae structure is very systematic and is generally drawn in a specific order
  5. The Curriculum Vitae is normally accompanied by a cover letter, which summarizes what it contains and points out the match of the applicant with the job
  6. A Curriculum Vitae can be written in the following three styles: functional CV, targeted CV and performance CV
The Resume
The main features of the Resume are as under:
  1. A resume is a precise and very brief document representing at-a-glance your key skills and main achievements
  2. A resume should not be longer than one page, unless in rare exceptions
  3. A resume would contain of only what is strictly relevant to the job applied and nothing else - it is more important here to have all the information contained within one page, that representing the information it in totality
  4. The resume would highlight your skills and achievements above all other things
  5. The resume is usually presented without a cover letter because the main reason you are submitting the resume, is fast processing; a cover letter would defeat the purpose
  6. A resume usually can be written in three very different styles - (i) Chronological resume - whereby your skills and main achievements are listed by date starting with the most recent ones first, (ii) Functional resume - whereby your skills and experience are more highlighted than anything else and (iii) a combination of both - whereby both skill and achievements are presented hand-in-hand.
Curriculum vitae and Resume - So Similar Yet Different!
As mentioned above, the CV is mostly used throughout the world, while the US companies are more comfortable with resumes; this is mostly because it is faster and easier to scan through the one-page resume than a Curriculum Vitae and it forces the applicant to be very specific.
When applying for a job, it is most important to put your best foot forward. Whether your prospective employer uses the term "resume" or "CV", make sure that you know what he or she is looking for in the document. Once you have this information, you can work on creating a knock-out resume or CV that will help you land your job.

Tuesday, May 4, 2010

"corporate governance policy for colleges"

 Ya it seems strange. but after completing my whole career, a strong thought came to my mind that there is a crying need for an hour is "CORPORATE GOVERNANCE POLICY FOR COLLEGES". 
now and then we students everyday become a part of politics played in colleges. and without any fault of our we became victim of this dirty games. due to the ego and the internal conflicts of the authorities we have to suffer. We struggle for whole career. we give our best, but end of the day due to this politics only we get nothing for our  work. 


so it needs that the similar kind of policies and framework which applied to the corporates through CORPORATE GOVERNANCE. it should made compulsory for colleges. so that all the colleges have to show there every details. and they dont get to chance to do any blunder and show the wrong figures of results and placements. and so that the current and future students get power to know the truth of every colleges.


what you think friends is it not right to apply  CORPORATE GOVERNANCE to colleges also??
come forward and make our voice louder for this step
your support needed
JATIN SHAH

Monday, March 15, 2010

Proficient Affiliate Marketing Techniques For Beginners

There are ways you can start earning money from affiliate marketing easily. They may be easy only if you take time to study and understand how the entire affiliate process works. It wont be a wise business decision to just jump in simply because you read of how many are earning money through affiliating with lots of products and services. You have to learn or at least be aware of the tricks and details.



The first major thing you should do is to find a market you would engage in. There are thousands or even millions of different markets on the internet but you have to ensure that you indulge in the right market for you to start earning the much desired affiliate commissions and pay checks.



In any market you want to align with, ask your self if there are already so many products in that market. If there are, it simply means that the market is vibrant and may be quite profitable. Are there some other that are already selling in that market, especially those using Pay per Click advertising? If the answer is positive, then it means that there is money to be made in the market or niche because if those PPC advertisers arent making some money they would have stopped the adverts. Be mindful of the fact that serious competition is any niche simply translates that there is serious money in that niche while the reverse is the case for the markets that has little or no competition.



You can go to Clickbank dot com or Amazon dot com and search for the product of want to market using any search term you feel comfortable with. After that you can search for the same product at Google search engine. If you see some result on right hand side of the search result page, it means that people are paying to advertise such products, so they are making profit.



There are some ways of knowing which product is selling more and which isnt. In the affiliate domains such as clickbank dot com, you would notice that some products are tagged high gravity, which simply means that lots of people are promoting such products. These products are usually higher up in the search result pages of the affiliate domains. Being high gravity products also means that the competition there may be fierce but it is definitely a sign of profitability in the niche or market.



On the other hand, there are products that are lower gravity and dont have much promoters and subsequent competitions. Check if such product is of low lower gravity as a result of being new in the market. If, yes, you can start promoting and be among the first few that would probably earn good commissions therein. But if the product has been there for awhile, you have to think twice before promoting such product.



With the unique you got from the affiliate site, you can start promoting such affiliate product either through articles writing and marketing, through forum posting, through email marketing campaign and so on.

Saturday, March 13, 2010

How To Set Your Cv On Fire With Astonishing Accomplishment Statements

our accomplishment statements is probably the most important part of your CV because they tell employers that you've done before what they want to hire you to do and you can do it again, even better. But most jobseekers completely leave out their accomplishments in their CVs and in its place bore employers with their previous job responsibilities. What a big mistake. It's time to turn things around. It's time to set your CV on fire by packing it full with powerful accomplishment statements. Here's how to go about it. List your previous work experiences. Under each position, list the problems you were faced with that you were directly or even indirectly responsible for the solution. Then write the steps you took, the things you initiated, the policies you formulated that solved the problem. No, you're not done yet. Reveal the impact your solution made and quantify it. Okay, let me illustrate. Let's assume you were the traffic manager of www.blablabla.com. You faced the problem of low traffic to the site. To solve the problem, you analyzed the stats on the site and saw that visitors don't stay for long on the site and don't come back, that there is nothing to capture the contacts of visitors and get back to them. You also discovered that there is no traffic plan. So, what did you do? You outsourced the site's content, designed a winning traffic plan, and packaged a free e-course as an incentive to capture visitors' contact. You designed visitors' follow-up system. You implemented everything and traffic soared by almost 500% in less than 1 month. And the impact? The site's product was sold out making the company $3 million. So how do you present this in your CV? Here are several ways … * Designed and implemented winning traffic plan that attracted over 1,000 visitors per day -- a 500% increase in one month! * Analyzed site statistics and designed a follow-up system that resulted in a 500% increase in traffic in one month! * Made company $3 million in one month by driving the highest highly targeted traffic in the company's history! I can go and on, but I hope you grab the concept. Those are better than the boring "Responsible for driving traffic" that most jobseekers will riddle their CVs with. It begs the question, "So what?" Now that you know, go ahead and set your CV on fire by packing it full with astonishing accomplishment statements. You'll succeed!

Saturday, February 27, 2010

Highest Paying Affiliate Programs


The highest paying affiliate programs online, in terms of dollar amount earned per conversion, are primarily related to the finance or travel industries. Finance affiliate programs include credit card offers, ranging from $20 to $120 per approval, student loan offers, and home loan offers. Travel affiliate programs include both flight sales and vacation packages.
Making money from a site or blog in these industries only requires a small readership. Even with an approval rate of .5%, one hundred readers a day can garner more than $1500 a month from credit card applications.
Our advice is to focus your blog or site on a niche within the finance or travel industry. For example, low interest college student credit cards or summer vacation packages. Here are some examples of affiliate programs within each high paying industry.
Finance Affiliate Programs
  • NCS Reporting – NCS Reporting provides access to affiliate programs for major credit cards and other finance products. Reporting is pay-per-click based and pays several dollars per click for targeted traffic.
  • Performics – Performics, which is part of Doubleclick, provides affiliate programs for all major credit cards with payouts ranging from $20 to $100 per credit card approval.
  • Driver Loans – Driver Loans is a lead generation site for auto financing loans. Average payout is $9.60 per lead.
  • Next Student Affiliates – Provides student debt consolidation and loan referrals. Pay outs start at $100 per validated application.
Travel Affiliate Programs
  • Orbitz – The Orbitz affiliate program is managed through LinkShare. Commissions from $5 to $30 can be earned on various travel products.
  • Travelocity – The Travelocity affiliate program is managed through Commission Junction.
The highest paying affiliate programs, in terms of percentage, on the other hand, are mostly digital goods. These include ringtones, wallpaper, music, ebook and software affiliate programs.
Highest Percentage Affiliate Programs
  • Thumbplay – Thumbplay pays out $8 per lead, or 200% of their monthly subscription rate of $3.99.
  • Amazon – The Amazon mp3 program will pay you 10% for digital mp3 sales. When it was first started, the percentage was 20%!

Friday, February 26, 2010

Google Tips


Entering a Query

If you have little or no experience with Google, read on. Otherwise, skip ahead to Going Directly to the 1st Result.
If your browser isn’t pointing to Google, visit Google’s home page by entering one of the following web addresses into your browser:
http://www.google.com/ (the full web address for Google)
www.google.com (a common abbreviation for Google’s web address)
google.com […]
This page was last modified on: Monday August 11, 2008

Going Directly to the First Result

Click on the I’m Feeling Lucky button on Google’s home page to go directly to the first result for your query. Instead of showing you a list of pages, Google sends you immediately to the result that may be most relevant to your query. For example, if you enter the query [ california driving ] (without the […]
This page was last modified on: Tuesday March 13, 2007

Selecting Search Terms

The search terms you enter and the order in which you enter them affect both the order and pages that appear in your search results. In the examples below, click on the similar ways of specifying various searches and note how the results differ.
For simplicity sake, this tutorial uses square brackets to denote Google’s search […]
This page was last modified on: Sunday April 15, 2007

Interpreting Your Query

Understanding how Google treats your search terms will help you devise effective queries and revise ineffective ones.
1. All Search Terms Count
Google returns only pages that match all your search terms.
A search for [ compact fold-up bicycle ] finds pages containing the words “compact” and “fold-up” and “bicycle.” Because you don’t need to include the word AND between your […]
This page was last modified on: Tuesday January 6, 2009

Crafting Your Query by using Special Characters

By using special characters and operators, such as +, –, ~, .., *, OR, and quotation marks, you can fine-tune your search query and increase the accuracy of its results.
For details, click an operator above or look in the following seven pages:
Quoted Phrases
The + Operator
The – Operator
The ~ Operator
The OR and | Operators
The .. Operator
The […]
This page was last modified on: Tuesday May 1, 2007

Quoted Phrases

To search for a phrase, a proper name, or a set of words in a specific order, put them in double quotes.
A query with terms in quotes finds pages containing the exact quoted phrase. For example, [ “Larry Page“ ] finds pages containing the phrase “Larry Page” exactly. So this query would find pages mentioning Google’s co-founder […]
This page was last modified on: Tuesday May 1, 2007

The + Operator

Force Google to include a term by preceding the term with a “+” sign.
To force Google to search for a particular term, put a + sign operator in front of the word in the query. Note that you should not put a space between the + and the word. So, to search for the satirical […]
This page was last modified on: Tuesday May 1, 2007

The - Operator

Precede each term you do not want to appear in any result with a “–” sign.
To find pages without a particular term, put a – sign operator in front of the word in the query. The – sign indicates that you want to subtract or exclude pages that contain a specific term. Do not put […]
This page was last modified on: Tuesday May 1, 2007

The ~ Operator

Find synonyms by preceding the term with a ~, which is known as the tilde or synonym operator.
The tilde (~) operator takes the word immediately following it and searches both for that specific word and for the word’s synonyms. It also searches for the term with alternative endings. The tilde operator works best when applied […]
This page was last modified on: Tuesday May 1, 2007

The OR and | Operators

Specify synonyms or alternative forms with an uppercase OR or | (vertical bar).
The OR operator, for which you may also use | (vertical bar), applies to the search terms immediately adjacent to it. The first and second examples will find pages that include either “Tahiti” or “Hawaii” or both terms, but not pages that contain […]
This page was last modified on: Tuesday May 1, 2007

The .. Operator

Specify that results contain numbers in a range by specifying two numbers, separated by two periods, with no spaces.
For example, specify that you are searching in the price range $250 to $1000 using the number range specification $250..$1000.
[ recumbent bicycle $250..$1000 ]
Find the year the Russian Revolution took place.
[ Russian Revolution 1800..2000 ]
tags (keywords): fine tune, narrowing search, numbers, […]
This page was last modified on: Thursday July 12, 2007

The * Operator

Use *, an asterisk character, known as a wildcard, to match one or more words in a phrase (enclosed in quotes).
Each * represents just one or more words. Google treats the * as a placeholder for a word or more than one word. For example, [ “Google * my life“ ] tells Google to find pages containing […]
This page was last modified on: Friday July 20, 2007

Special Characters: Summary

This table summarizes how to use the basic search operators described in this chapter. You may include any of these operators multiple times in a query.
Notation
Find result
Example
term1 term2
with both term1 and term2
[ carry-on luggage ]
term1 OR term2 term1 | term2
with either term1 or term2 or both
[ Tahiti OR Hawaii ]
[ Tahiti | Hawaii ]
+term
with term (The + operator is typically used in front of […]
This page was last modified on: Tuesday May 1, 2007

Advanced Search Form

When you don’t find what you’re seeking, consider specifying more precisely what you want by using Google’s Advanced Search feature. Don’t be frightened by the name “Advanced Search”; it’s easy to use, and it allows you to select or exclude pages with more precision than Google’s standard search box. Click on the Advanced Search link […]
This page was last modified on: Sunday August 10, 2008

Other Search Forms

11. Alerts
Once you’ve refined your Advanced Search, you can watch for changes in the top 20 results by setting up Google Alerts. Google will find and deliver links to new web pages once a week, once a day, or as soon as Google finds them. Simply copy and paste your advanced search query into the search […]
This page was last modified on: Tuesday May 1, 2007

Refining a Query

Refining a query means changing or adding to the set of search terms to do a better job of returning the pages you’re seeking. Successful researchers frequently enter several queries to find what they’re seeking.
The search boxes at the top and bottom of the results page show the query for the current results page. If […]
This page was last modified on: Tuesday May 1, 2007

Anatomy of a Web Address

If you already know how to read a web address or URL (Universal Resource Locator, pronounced “you are ell”), skip this section. Otherwise, consider the web address http://www.googleguide.com/searchEngines/google/searchLeader.html. Here’s what it all means:
http
transfer protocol (type of information being transferred)
www.googleguide.com
website name, host name
googleguide
second-level domain name
com
top-level domain name
searchEngines
directory name (major category)
google
sub-directory name (sub-category)
searchLeader
file name (a file within the directory)
html
file format
Here’s a list […]
This page was last modified on: Tuesday May 1, 2007

Using Search Operators

You can use most of the options we discussed in Google’s Advanced Search Form in a regular search box query. If you’re a frequent searcher or a “power searcher,” this can save time because you don’t need to open the Advanced Search page and fill in various boxes; instead, you can enter the refined query […]
This page was last modified on: Sunday August 24, 2008

Search Operators

The following table lists the search operators that work with each Google search service. Click on an operator to jump to its description — or, to read about all of the operators, simply scroll down and read all of this page.
Search Service
Search Operators
Web Search
allinanchor:, allintext:, allintitle:, allinurl:, cache:, define:, filetype:, id:, inanchor:, info:, intext:, intitle:, […]
This page was last modified on: Saturday August 23, 2008