Saturday, August 27, 2016

IT industry jargons

Here are a few corporate jargon that I could write based on my industry experience, so far. Purely for fun. Not intended to indicate or hurt anyone.
1. As discussed - 
Most of the official emails that flow from a higher designation person to a lower designation person will begin with these two words. It is basically a safety protocol initiated by the email sender to officially register a previous conversation so that it may be used as a record at a later date in case of disputes. However, this phrase is always camouflaged as a gentle reminder in case you forgot.

2. Let us take a step back - 
Mostly used in official conference calls; and mostly by a person of a senior designation who either did not follow the conversation so far but did not want to show it, or wants to sound quite intellectual by using these phrases. This actually means that you need to rethink all that you said until then in the call and find out the flaw that the senior person wants to point out, even if there is none. Also, it is a very effective phrase when you want to project yourself as the next emerging leader.

3. Ensure we are on the same page – 
Well, this does not refer to the pages of the Mills & Boons or John Grisham novel. It is basically a term used to indicate that all the participants of the call or in an email should have the same understanding as the key person who has conveyed that idea/thought. However, it does not really matter if the idea/thought is not factual or logical. But the moment you use this phrase in a discussion, it automatically validates your idea/thought to be worth considering.

4. 30000 feet view – 
This is most often used by the senior management folks and business development teams. Here the analogy is the view that the eagle has of the ground below. You have the broader view of what’s happening, but you do not actually have a micro-level view on things. As you keep reducing the distance from the ground, you are supposed to have more accurate details. People who are at top level usually prefer to have this view and not get any closer, because they do not have time for the details, unless there is an escalation. When there is a client escalation, all levels of management are flat on the ground.

5. Take a deep dive – 
No, we are training to be penguins. What it actually means is that the group is still hovering on the surface of an idea. But they will at any time jump deep into the idea and come up with brilliant suggestions as soon as their bulb starts glowing. It can be used by anyone in the conversation if they want to take some lead in the conversation and sound like they are going to be the one to bring the solution to the problem.

6. View the big picture – 
This is again a very important phrase. It is often used by middle level to top level management folks. At every stage there is a big picture, which is actually a smaller picture to the next higher level. It all depends on what level you are in. And it is most often used for convincing someone to take on something that is next to impossible. For example, see this sentence by a manager – “I know it is difficult to execute the project within a week. But this is where you need to look at the big picture. This opens up potential opportunities with this new client”.

7. This is a high profile client – 
I know that when you hear this from your manager, you will begin to doubt what profession you are in. But it basically means, the client is someone with loads of money or lots of connection or lots of attitude. He is a cash cow we need to milk so that our coffers are flowing. Either that, or he is someone who is capable enough to inflict damage to our reputation in the market. It also means clearly that we will always be in the receiving end and the client will be in the giving end, regardless of what he gives.

8. Let us take it offline – 
This will be often used in group conference calls. During such calls, some conversations may also branch out between few participants of the call. In order to not disrupt the main call, they would prefer to take the discussion offline, meaning privately between parties after the call. It can also be used in cases where some uncomfortable question is posed to you and you do not have an answer. As a saving grace you can use this phrase, which would indicate to others that you have answers to all the questions, but graciously do not want to digress from this call. You can always fall at someone’s feet later, in private.

9. You need to think out of the box – 
Well, it does not mean you have to sit next to a telephone booth when you working your project plan. Basically it means, you need to think of extraordinary solutions for your ordinary problems. If you cannot think of different interesting solutions, then how can your manager present different solutions to the client? This is also called lateral thinking. The world is now bored with the ordinary. Sensation is the new thing. If a person wears a torn pant, he is poor and uncouth. But if he wears torn jeans, then he is making a style statement. So the person who put holes into the jeans was thinking out of the box.

10. Let us work proactively – 
Simply means, plug the gaps before the problem even happens. It is basically risk identification and mitigation. But come on, that is boring to say. Instead say, let us be proactive in preventing problems in this project. You need to do bit of a time travel here, at least mentally. Go to a future state. See what problems have happened. Come back and fix it before it has happened. Not able to understand it? Then please read Einstien’s General Theory of Relativity and watch Interstellar movie.

The Great Indian House Dream

I do not know exactly since when the middle class Indian started dreaming about owning a house. It could be from time immemorial.
Or it could be a mindset shift over the last 60-odd years when families began to grow apart, joint family systems collapsed, ancestral properties were no longer substantial monetarily and rent expenses started inflating with the ever-growing population and rising demand for real estate.
So, it was a very common dream of the generation of the 40s and 50s to purchase a house in their lifetime, breathe their last in their own house, and leave the property to their son(s). The cost of purchasing a house and that of conducting a daughter’s wedding were equally expensive. It needed a lot of planning and saving. Housing loans started picking up from the early 80s but it was still not the sought after option for purchasing a house.
Around that time, people rather preferred to wait until their retirement so that they could pool together the money from their savings such as the Provident Fund and then buy a house. This was the practice also because people at that time did not prefer to take loans. It was not in the mental and societal makeup at the time. Anyone taking a loan was considered to be ‘poor’, ‘lavish’, irresponsible’ by the society and his immediate circle of family and friends. Thus, purchasing a house became a lifelong ambition and dream that many worked towards. Simply, they bought a house at the end of their work life, retired to their own home and lived peacefully until their death leaving the property to their heir(s).
By the 80s, a wave of unemployment hit the country. Many were out of their jobs. Finding jobs were becoming increasingly difficult. People at this time preferred to save as much as they could and keep their jobs intact. But there was also a mindset shift happening. The concept of instalments was picking up. People were not probably considering instalments to be loans. So, they slowly started shedding their inhibitions about taking loans and did not consider it as a social stigma as they did before.
With the IT industry emerging in the 90s and people eventually finding new job opportunities, banks also found a sudden business opportunity in the real estate segment. More interesting and enticing propositions were put forth that was promptly lapped up by the common man. Increasing population, expansion in urbanization and increased IT infrastructure development led to a rise in real estate prices which made it a lucrative investment as well. People now started to purchase houses as an investment that they could always dispose off in dire straits. This however started to create a higher demand but lesser supply of property, thus further escalating the real estate prices. Soon cities started shrinking in size; agricultural lands turned into urban establishments soon resulting in inflation in other commodities as well. People started buying more property than they actually needed because they felt that it was their way towards prosperity and financial security.
But with the IT industry undergoing swings in boom and recession over the years, the inflated real estate prices were not brought down in tandem. The builders had pumped in a lot of money on the properties and thus were not willing to reduce it with the falling capacity of the buyers. This resulted in a decrease in the number of buyers as people were now suddenly very cautious with their money. They realized that the job scenario was unpredictable and they wanted every rupee for the rainy day. This resulted in a number of properties standing incomplete in various stages of construction because the buyers simply do not have the funds to complete the construction.
This situation resulted because, in our desperation to get hold of a ‘good’ property while our luck with the job continued and the prices were still affordable to us, we went ahead and purchased a property from a buyer who had not yet built the property! In fact, the builder was to build the property only using our money. And here we are only talking about flats or apartments. Independent houses were becoming scarce because many people sold their grounds to builders to make a lump sum amount of money. Purchasing a government approved plot within the city was simply too expensive to the common middle class man. So, the builder took our money and started building the flats and we were to get possession of the flat only after a year or two when the construction would be completed. And in this time, we would already be shelling out more money as well for various reasons such as government approvals, electricity and water supply connections, etc.
But on what confidence did we purchase this flat now? 

1. On our assumed job security
2. Our savings in the form of equity investments and gold


But the more important reasons were – we planned that we could let the flat out for rent, and pay the EMI using the rent! Smart!
Or we could take up onsite assignments; earn a lot through foreign exchange, even though it meant that you would leave your family and aging parents behind and live the life of an alien in a foreign land, being submissive to whatever the white man says all because we just want the dollars. $$$$
But we forgot some crucial things in this planning –

1. The rent you get from a flat will never equal the EMI you need to pay. The rent will always be 50-75% lesser than the EMI you would have to pay monthly. So you still have to pay out of your pocket.

2. Almost none of the flats purchased are immediately available for possession. It may be available even a year or two later depending on the area and size of the construction and, of course, the builder. Even though you do not have the flat with you yet, your EMI starts from the time the loan is taken. So you are shelling out money but do not have a house in hand, and you just have the builder’s guarantee that he will complete the house for you in time and just as he explained how it would be to you when he sold you the flat!


3. If you do give your house on rent, then you will toil hard to repay the loan for the next 15-20 years while another guy will enjoy the benefit of your brand new house. By the time you are ready to occupy the house, not only you, but your house will also be old. It will then make you wonder that probably you should have saved up and bought an equally older house later when you needed it.


Think about it. Have we not put ourselves in this situation? Why? Because of the big house dream. Because we could not afford to wait till our retirement before we purchased a house, as we were worried that the houses would be too costly by then. 
And because we could not stop with buying just one house sometimes.

We have increased the real estate values. We have led to the reduction in agricultural land. And yet we now complain of rising prices.
Ironic, isn’t it?

Sunday, August 14, 2016

Kodaikanal - View from Coaker's Walk


Shot at Bryant Park in Kodaikanal on July 9th, 2016.
Nikon D1500

Kodaikanal - View from Coaker's Walk


Shot at Bryant Park in Kodaikanal on July 9th, 2016.
Nikon D1500

Kodaikanal - View from Coaker's Walk


Shot at Bryant Park in Kodaikanal on July 9th, 2016.
Nikon D1500

Kodaikanal - Bryant Park


Shot at Bryant Park in Kodaikanal on July 7th, 2016.
Nikon D1500

Kodaikanal - Bryant Park


Cute Little Fellow!
Shot at Bryant Park in Kodaikanal on July 7th, 2016.
Nikon D1500

Kodaikanal - Bryant Park


Shot at Bryant Park in Kodaikanal on July 7th, 2016.
Nikon D1500

Kodaikanal - Bryant Park


Shot at Bryant Park in Kodaikanal on July 7th, 2016.
Nikon D1500

Kodaikanal - Bryant Park


Shot at Bryant Park in Kodaikanal on July 7th, 2016.
Nikon D1500

Freddie Mercury


Charcoal sketch of Freddie Mercury.
Created on 12th August 2016

Lord Shiva - in Ardhanareeswarar avatar


Lord Shiva in Ardhanareeshwarar avatar - half man and half woman.
Charcoal on paper sketch. Created on 11th August 2016.