Indianomics!

Following the dreadfull accident of Filepe Massa last weekend, and no possibility of him returning to race this reason, Ferrari were left with no credible option than to approach the 7 time world champion to race for them. This is a great news since I always believed that Micheal left Formula1 business unfinished, especially since his last race where he finished his race with a punctured tire. Hope he gets atleast some podiums this season and a win will be like icing on the cake.

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Air India has everything it possibly can, except for productivity. Majority of the airline work force are working like typical babus who work from 9 to 5 with more than 180 off days in a year.

The recent cash crush is caused by inefficient management of resources and underling assets that are not utilized. There were question raised on why does not sell 25% of the stake to a Private company so that Air India can clean up the mess.

If any wants to see an example of a world class company that is fully government owned, look for Temasek. It is Singapore Government’s investment company that has around 350 employees and manages assets around US$130 Billion. And it is a multinational. Or look at Singapore Airlines. A Government controlled airline that is now the best airline in the world.

Why can’t National Aviation Company of India pull up their socks and start working? By stopping pay cheques, isn’t touching employee’s loyalty any where? Or just because its government money and people will keep paying taxes, you don’t have performance responsibility?

I would like to mention what I had read in DNA news paper where the author (sorry, forgot the name, can some one send that story link or the name of the author) who is an ex-board member of Indian Airlines mentioned what changed in Indian Airlines that is not happening in Air India or now NACL.

It’s the Employees motivation factor. Employees are the internal customers and if you don’t treat them good, the external customers are going to suffer.

If you are wondering that airline has old staff (Air Hostess) as a reason, that you would be wrong. I have only travelled twice on Air India and it has been a pleasant journey for me, with Air Hostess and Stewards giving proper attention and treated everyone equally. Even the sister airline, Air India Express was very good and comparable to some of Private airlines.

The problem is not onboard aircraft; it’s with the management and its work culture of a typical babus. The managers are not chosen on merit or are under performing because once you become permanent, no one can push you out. Or if that happens, the Worker association starts an agitation and strike, further dampening the airline.

If you plan to privatise, then employees start an agitation. They do that because then they become accountable and which is bad for their leisure.

This is the culture that needs to change in Air India and only then will be there any hope revival for country’s premier airline. Brining on board Ratan Tata may help in getting more money from Government, but I guess even Tata will not be interested in taking reins on the Airline with no control over the staff performance.

I read an interesting news on DNA Mumbai edition.

Are you worried about Job losses and Job security? Then you have a robot for a company now! Japanese companies are axing hired Robots in the wake of recent plummeted demand in Industrial production. According to what the newspaper published, in 2005, more than 370,000 robots worked in factories across Japan, about 40% of the Global total.

There are still people who think Recession prevails in India, but its not. In fact, it never was. It’s only the Recessionary Mood that is prevailing. I saw people who were searching Google when “India recovering from Recession” and “how IT can recover from recession in india”

I can understand their curiosity. I get a hit on my Blog for at least once in a day for Recession. The geography is not limited to India, even outside India. Recession might effect the IT Industry if things still go bad in other countries. So will be all Export oriented units.

Whatever the mindset says, India is clearly out of Recession. As of now and largely enough, the wave has gone by and things look again, back to square one.

If you are a Mumbaikar, you will remember this. BPL (now Loop) Mumbai had launched an aggressive campaign which reduced customers bill by almost 30%. That was called One Second Billing.

Tata Docomo's Logo is pretty interesting and its keeping in line with Tata Indicom logo's circles.

Tata DoCoMo is the GSM based telecommunications service of Tata Indicom in partnership with Japan’s leading mobile operator, NTT DoCoMo. They have a Pan – India licence and are already live with 5 circles, covering Kerala, Karnataka, Tamil Nadu, Andhra Pradesh and Orissa. With interesting banners shouting “Why pay for unused?” and “One paisa across India”, you would be keen to know what are the charges and how do you save huge cost in your monthly bill. (continue reading…)

I saw an advert in HT yesterday. And it was funny. It read “we thank the Democratic Front Government for not allowing price increase in electricity rates.” Now this is what I call a hit back with a bigger punch. Two weeks ago, Shiv Sena hit the roads protesting this move while MNS was busy with water issue. Its funny! Why do you need to thank the government on something that they are supposed to make sure it never happened at first place.