IPL 2011 Auction--Some interesting learnings!!!

“He is in the market now!!”, US$ 50,000...US$ 1, 20, 000… US$..., my hammer goes up…SOLD!!!

For two days Saturday & Sunday, the ITC Royal Gardenia in the heart of the IT hub was the scene of both - action and auction as TOI says “An Auction packed weekend!!!”

Big 10 fishes of Indian business, A portly, flamboyant Vijay Mallya, a liquor to airlines honcho, dimpled Preity Zinta, Mr. Wadia with partners, the lissome Shilpa Shetty, the diminutive, young, gorgeous Gayathri Reddy and Mrs. Richest Indian Nita Ambani, another portly honcho N. Srinivasan, the Big Sahara Parivar, controversial and multiple owners of Team Kochi, construction giant GMRs and representatives of 'King of Bollywood' Shah Rukh Khan went for their best bets.

Far away in London or somewhere in England was the 'Chairman and Commissioner' of the first three IPL editions Modi, now more busy battling various charges against him than strutting around the auction venue, like a larger than life figure he did in the past.

In comes Gautam Gambir, opened the auction also, and did the same as he is doing for Team India, score & score big, but this time was not with the bat. It’s always dicey to be first but he managed to have a first mover advantage and got the highest price.

This blog is not about who got good price and who was undervalued. It’s about how these big fishes think about their business. It was great experience to witness almost live business deals, a great learning experience.

The way people were taking calculated risks, managing their finance and most importantly keeping eyes on the budgets of their competitors.

I observed some amazing things.

First was the body language of Mrs. Ambani as she was not confident enough during the auction and was confused because of lack of budget they had but finally managed to get some good boys in the pocket. Correct me if I am wrong but just got the feeling that she is not meant for business.

Second, they way Dr. Mallya was playing. He is indeed an intelligent game player. He was taking the bids up to the certain level for relatively inexpensive players and then getting out of it, forcing other franchisees to buy them at higher prices than they should. A biggest example is Davy Jacobs, South African wicket keeper batsman. His base price was US$ 20,000. For few initial minutes there was no bid for him. In comes Mumbai Indian at the base price, and suddenly Dr. Mallya started from the other end , took it up to US$ 1,60,000 which was 8 times higher than the base price, and moved away, forced MI to pay more for it. He did it for few other players also. As a result he was able to get some good players at a touch lower price.

Third the way a gorgeous and confident Deccan girl Gayatri Reddy was going. She had money so was very aggressive for certain players. She never moved out of auction once she had decided to go for it. Not only she was going out and out for some players but also the way she was looking into the eyes of opposite bidders at the time she was bidding. A super confident look was saying more than what she could have said by words. A great decision making ability and passion for what she wanted.

Team Pune, as we know Sahara Parivar is the owner. A very calm looking bunch of professionals, with no nonsense stuffs. They came with some plans and had a very good execution. They had done their home work way before the auction and it was visible by the way they were bidding.

But the most common thing I observed is we still have some typical mindset. How? Let’s see. There were few players, for whom there was no bid for few minutes after their introduction to market; you start feelings that he will remain unsold. Then some team goes for it, the moment one team initiated there were people against them taking sudden interest in that player. Here comes out that mindset, “If they have seen something in this player, there should be some reason behind it, so let’s also go for it”. (Agar wo ye kar raha hai to pakka kuch hoga us ke piche..chalo hum bhi dekhte hai”)

So over all it was a very good case study and had a lot of lesions to learn. Some confusions, some controversies, some excitement, some heartbreaks, some surprises, strategies and planning, a perfect recipe for a b-school case study!!!

From the heart of a Software Engineer!!!

CAUTION:
Based on true experiences. I am not responsible for any resembles.

• Name : People know me better by my employee id

• e-mail id: name.surname@companyname.com

• Age: 00011000

• About me: I think I am changing the world, but I am not. I think I am contributing to the Indian economy, but I guess I am not. I Think I love my work, but I do not. I think I hate all people who made Me earn my engineering degree, and I do. I think I am living, but And most importantly, I am LOOKING for someone to make me live !! Ok...I won't be funny anymore. I am a cool guy with a zeal to enjoy life (For all those who know me--> "Just stop laughing!!")

• Relationship status : what??????????????!!!!!!!!!!

• Ethnicity : Programmer.

• Languages I speak : Java, C/C++, 010101110101

• Religion : I get holidays on all religious festivals, so I love All religions.

• Political view : It is a process which runs in concurrence with projects but it keeps going on even after projects get over.

• Humor : weekly.

• Fashion : Ask my company HR. But, I like jeans, t-shirt and a cross-bag.

• Smoking : The second greatest pleasure on the earth.

• Drinking : The first is this.

• Living : Cummon, this is a stupid one. How can this be asked to a software engineer? Believe me, I am living!!
  

• Hometown : Yes I do have a hometown!!!!is anybody listening????
  

• Web page : http://www.naukri.com ,http://www.jobsahead.com - Isn't it Ultimate???

• Passions : searching for the cheapest pub around,,looking for other company, remembering my good old college days, worrying about my future.

• Sports : quake, CS (Counter Strike), computer chess.

• Activities : Cut – Copy – Paste codes from Google, Ctrl + Alt + Del, Changing system password after getting notifications, waiting for coffee breaks

• Books : "How to lose weight in 20 days?", "How to live a happy life?", "101 ways to attract a girl", "Java Unleashed", "C++ at your footsteps", Others censored.
  

• Music : Computer error sound, keyboard sound, mouse click sound

• Cuisines : Bread Butter, Maggi, anything available within 200 metres of my cubicle.

• Side Effects:

1. I swipe my ID Card when I reach home instead of ringing the bell
2. I keep my hand under the tap assuming the water will flow automatically until I realize that I am at home
3. I take my plate to wash basin after done with food even at restaurants.
4. When I hold my girlfriend’s hand, I hold it like mouse and start wondering why it is not getting clicked.
5. When I go for a movie, I keep looking at bottom right corner to know the time.
6. When I call my girlfriend, at the end of conversation I say “In case of any issue , I will revert you”
7. When I surf internet at home, I do not open orkut or facebook assuming it is blocked.
8. When I get up on Saturday or Sunday morning, I realize that I have not completed my 8 hours, so I go to
sleep again.

People…this is just for fun and make u smile …..I am the one who have made life very very easy for those countless people….. I am the one who is playing a small but important role in Indian economy…… I may not be as respectful as our soldiers securing our borders but I am the one who is a part of those brilliant Indians who are making the country proud..so cheers!!!!!!and enjoy your work!!!!!

Comments are welcomed!!!!

Common man vs. Celebrity

It’s about 8 months I have posted something here. Now I got something to write and it is about my experience of 18^th September night.

This is what a common man experiences

Chintan & I decided to go to the famous “Lalbaugcha Raja” in Mumbai. We took a slow local from Vashi and got down at Kurla. Again took local and reached Byculla. We walked around 2 Kms to find from where the queue is starting and finally joined the queue.

Ohh my god!!!! I must say…it’s easy to count stars in the sky but almost impossible to count human beings over there. The queue in fact was not queue; it was something like crushing crowed going in one direction, so it was defined as a queue. And then came that 300 meter distance!!! Again it is easy to breath under water but not at that place!!!!I must salute those women who managed to be there and did not give up. It took around 1.5 hours to cross those 300m. It was very funny to see people trying to join the queue from the middle and getting caught by police.

So after crossing those 300 m, people started moving forward in batches, so had to wait for a long without moving a centimeter. But when we got the chance to move on (around 2 a.m.), we walked almost continuously till the destination (around 5 am).

Just before the destination, the arrangement for managing the queue was very different. I t was like maze puzzle. And we had to cross to of such kind and finally reached the destination. And the most annoying part…they allowed us to see Lord Ganesha hardly for 2 sec. huuuuuh!!!!!But someone has truly said “Bhagwan itni aasani se nahi milte”!!!

It was interesting to see that there was a special queue for “Mannat”. And it was something like 30 hr long queue!!I must stay “IT HAPPENS ONLY IN INDIA”.

So finally we managed to see a huge “Lord Ganesha”.

In fact we crossed three local railway stations….Bycull, Chinchpokli and Parel and reached near Curry road!!!!

This is what a celebrity status does

Now I watched in news that Mr. Amitabh Bachhan along with his son went there on 20 September night and …yes you are right, there was no queue for them!!!!

So just started wondering that why is it so????

Is it making justice to people like us?????

“RULES IN INDIA ARE ONLY FOR COMMON PEOPLE”

They are also normal human beings but……

I am sure that every common Indian civilian has gone through such experience once !!!

Still wondering why!!!!!!!!!

Please comment if you have something like this to share!!!

3 Idiots.....what we missed.....

Hi all.....
Some movies are life time movies....one came in 1975 , I guess I don't need to mention it and second came in 2009....3 idiots....Now , we enjoyed it like anything and have started speaking few dialogues in our daily life....but here are some points which we might have missed because of some better things in the movie...lets start

1) When exam results are in the corner every one starts calling god...every one will become innocent baby n do all good things....it is applicable in our daily life also, Most of us think about god only when we are in trouble, but is it so that god is hungry for Rs. 11 coconut and stuff like that?Just think.....

2) Chatur's speech which reflects how our politicians are...... how? when Chatur started speaking all those stuffs , Mr. Virus wanted to stop him but Mr. Tripathi stopped him doing that as he was enjoying it..but when things came to him he escaped from that place....It reflects how they are..when they are culprit they will start bla bla bla...n when they r not , they will take all chances...Just think.....

3) The most important point....the beginning itself is the end of movie when they start searching their missing friend...Do we know where all our friends are?

With whom we have done all mischieves , chupke se ciggarate pina , pulling legs of each others , giving boost to a friend on 13th feb to propose some one on 14th n he still fails , copying in exams , standing in front of head of institute after being cought for some "Really Important Stuffs?"with whom we cried , with whom we played , we laughed..????????We made promise to be in touch alwayz.....on the last day of college.....

So guyz n girlz for what you are waiting for? go n get your friends....may be some one is searching u.......
Cheers to friends and friendship....................


Please comment on it and give your views......

NTL--Nothing To Lose Strategy

I know its something unusual but we come across such situation in our daily life.Take an example of our college days when we had crush on someone.Most of the times it happens that we never tell them and 10-15 years down the line we realize k "Kash bol diya hota to zindagi shayad kuch or hoti". What would have happened if u would have told...in worst case u would have got a slap.But think that agar usne ha bola to?

Now this applies everywhere.....If you feel to do something new or interesting...just do it yaar..Anyways nothing is gonna happen if you don't do it , but something will happen , atleast you will get a feel that you have done something that you are not used to...........

I thought of this concept when I was playing cricket.We were bowling first and they scored 94 runs in 8 overs and let me tell you its not possible in normal condition to score these much.where we play,but guys n girls we chased it in 7 overs , simply bcoz we thought that we have "Nothing to Loose"....Just remember 1983 wc final between India and West Indies and famous run chase of 434..-south africa vs oz on 12th march ..so telling from my personnal experience that apply this theory and you will give your best, be it an interview , be it a love matter or any confusing situation of your life...just think :"I have Nothing to lose"

Advertising

"Jo Dikhta hai wahi bikta hai"
Well every one is thinking that selling is the motto of advertising,but it is not like that.Advertising is al about creating or changing the perception of the people.Whenever they experience something in their life, they should be able to make a relation with your product with that experience.And that s where you have the biggest opportunity to strike.
"Associate your advertising with experience of people in their daily life"
That's it for now...I will keep posting as I learn....