Amidst the sand I stand, accepting mirage in the nearby land,
Less I knew the truth behind, it was the thirst that made me blind.

Along with the world I moved, thinking there’s life and I grooved,
Less I knew what meant life, is that the happiness or my loneliness in disguise?

I gave my best to save a relation, dreaming that life would mean a new creation,
Less I knew the plan behind; it was only me who was inclined.

Love and respect were the attributes; I honored and gave value to,
Never did I feel there’s something else, that casts a spell, it was ‘money’ that sells.

All the time I considered my heart, felt it is stronger than my head,
But how did I know it wasn’t heart, but you chose your brilliant head instead.

Uncountable efforts that I have put, analyzing life as I thought it should,
Whenever I thought I gave my best, there comes a challenge and put me to test.

Not so long ago I found, between you and me the absent link,
And when I thought I knew it all, you gave me a reason to rethink

Image Credit: The Wolf

Popularity: 14%

It’s back to basics – so it seems. The ” good old days” – days when firms would simply throw money to retain people, Compensation Managers were given marching orders to “do what it takes” to retain talent and in the bargain delivered top dollar increases and fancy variable pays, when counter offers was the need of the hour and kept compensation managers on their toes -

This all seems to be a passe!

With global recession tightening it’s grip around us and with nightmares like the 50B US$ fund run by Bernaud Madoff coming to light, analysts say this is the tip of the iceberg!

I wish it isn’t because what we have been through over the last few months has been more than what we can take. Unfortunately, my wish isnt going to come trough and this will last a few more months – the damage, unraveling like a ravaging hurricane, the magnitude of which will be know only when the storm passes!

While we duck for cover and realize that umbrellas are not enough to weather this storm, compensation managers are going through a pretty different and unique year end / compensation planning process. Quite a few firms that I know, both big and small have said they don’t plan to do merit raises this year – some of the other players are even taking a call on doing away with variable pay plans, not to mention the scary issue of headcount reduction.

So what does the employee feel?

Well – at least some of my experiences tell me that the real world is living in an ivory tower. I’ve had a few folks walk by to me and say, “Can you tell me how much increase I am going to get ? “, “I want to know the “exact” percentage of my bonus!” and I am stumped for words!!!!

It’s sad that a majority of the work force thinks that this is a passing cloud. I can’t blame their ignorance because they probably don’t understand the magnitude of what we are contending with today. But as someone who reasonably understands the situation, I can tell you one thing – the good old days are gone forever and will never ever return.

Hold on! I’m not a pessimist. I am an eternal optimist!!! I’m not predicting doomsday for a second. The point that I am trying to make is that corporates are learning lessons and learning them hard and fast – mistakes teach us a lot and this one is no different.

This too shall pass say some – Yes!.. This too will, because we can’t expect to see things never improve. They will and they better.. Just that the new world order has arrived and when things get back to normal – it’s back to the days of our parents, days when value propositions will be driven by learning and growth opportunities, loyalty to firms having some value and of course, compensation being at the bottom of the stack..

Good bye good old days, welcome to the new world order!!! – if your firms want to survive!

Image Credit: Luismi1985

Popularity: 20%

After the terrorist attacks on Mumbai, pressure is building up on Pakistan to take action against the terror camps operating from its land. Investigations carried out by Indian, US, British and Israeli officials proved that the attacks were planned by the Lashkar-e-Taiba   supported by ISI .

In spite of Pakistani denials (just for giving the impression that Pakistani Government doesn’t give in under pressure), United States, and other countries have applied a lot of pressure, and have urged Pak to take action failing which they will act.

Now what should be the course of action?  How should we respond?  Can we trust Pak when it says it will take action against any terror outfits operating from its land.

What should be done ?

Our politicians are highly gullible.  Even after it was proved that the terrorists are Pakistanis, what did they do? They spoke to Mr Zardari and asked the ISI chief to come to India.

For what?

If at all we want to call anyone we could have called the CIA, a few investigators from Britain and Israel who can give us credible evidence that this was masterminded by terrorists from Pakistan. They would have substantiated it as an act of war (they are very good at it and we all know that).  Mr Zardari promised to send ISI Chief to India to help investigation but took an about turn overnight.

Can we trust such a man?

Time has come for India to take strict action.  Resignation of Shivraj Patil or others is meaningless and a political stunt.  It’s the Government and Prime Minister’s actions that will speak on India’s position and strength in the International community.  Since we have proof that this was sponsored by Pakistan,  the Ambassadors of USA, UK and Israel should be summoned and presented with these.

India should make it clear that we take this as an act of war by Pakistan against India and we would deal with it in a similar way US or UK has dealt with.  As far as US, UK and Israel are concerned their citizens were specifically picked up by the terrorists and they should take it as an act of terrorism against them.  This would have forced them to declare Pakistan as a Terrorist State and deal with it accordingly.

“Give thousand chances to your enemy to become your friend, but don’t give a single chance to your friend to become your enemy”. This doesn’t hold well with Pakistan.

In 1974 Israeli athletes were killed by Palestinian terrorists during Munich Olympics.

What did Israel do?

It hunted down each and every one of them.  It showed the world that nobody can escape by attacking Israel.

Now look at what have we done – engage in a dialogue with our neighbor!  Discussions will not provide any solution with Pakistan. If it did, it would have provided long ago.  Pak has neither neighbors nor friends; they just use the situation and time to act.

They are one of the best friends of America and in another way they are the biggest threat as well. They are damn smart. Remember they have used Americans to act against America.

So with such a country how long will you keep discussing?  How many more blood baths will we have to face to learn?  Indian politicians and media have to change their mindset. Media is getting worse than the politicians.  Every news channel / paper seems to be backed up by one or the other political party.

In Pakistan democracy is nothing but a proxy of the military.  Military always holds the reins of that country and it is not possible to delink both.  It was born after a bloodbath, it is continuing the same way even now.  Army, Islamic Radical Groups,  ISI,  Elected Government,  Taliban – every group is a power centre. No one is responsible for anyone.

Everyone has their own beliefs, system, and agenda.  Terrorism is a business for them.  Look at the amount of aid they got from US for fighting against terrorism which was created by them.

We must step up pressure on Mr. Zardari until the following things are done by Pakistan;

1. Handover the terror suspects to India including Dawood Ibrahim,  Masood Azhar who was left free in exchange of Kandahar  passengers.

2. Stop financial and moral support to radical fundamentalists who propagate hatred against non Muslims.

3. Change the think tank of ISI

4. Stop training Islamic militants

5. Stop inducing venom into Muslims in India.

Pakistan knows for sure that in an open offensive against India they will be wiped off. Hence they continue this proxy war. They will never stop till we wipe out terror camps that are running in POK and in Afghan borders.  Time has come to say “Enough is Enough”.

Mr Prime Minister – Don’t just give statements.  Let’s get on with this war and finish off before this proxy war finishes us.  At least let our future generations live in a peaceful India.

Image Credit: Sameer5678in

Popularity: 26%

Diversifying a portfolio means, deciding on how to divide the money available for investment between various investment options like shares, bonds, fixed deposits, Mutual funds, fixed property, gold and cash to be retained in hand.

In your personal investment plan try to ensure that there is adequate diversity. A clever investor will never put all his money in one type of investment. Let’s see why we should diversify our portfolio.

Main reason for a well diversified reason is mitigation of risk.

You can even add insurance to this list. But it’s slightly a different investment option in the sense its benefits are not available to you but to your dependants.

Once you have arrived at the money available for investment, it’s important to decide the ratio to be invested in different investment options. Before investing it’s important to know the amount of risk and return associated with each investment option.

Time is Money:

If you think of making money in a very short span it’s not possible with any type of investment option. Every investment needs certain time to generate returns. Before deciding on an investment option we need to be clear about how long we can hold that investment and what would be the approximate return. You must be clear as to go for capital appreciation or a short term return or a combination of both.

For example, if we remain invested for long term in stocks and fixed assets like a house, there are very few chances of incurring losses. Long term means you should keep the investment for at least 5 to 10 years.

History tells that those who have invested in stock market for 10 years have maximum lost 1.5 % of their investment.

So longer the duration lesser the chances of losses. There is also scope for making tons of money. Those who have invested money in stocks and real estate or gold between 2003 and 2007 have made tons of money.

Every investment has a cycle and it repeats. It’s very important to identify the right type of investment that has started churning money.

We can see that in the last 6 months, stocks are out and bonds are the preferred choice of investment.

• If your goal is long term, invest in stocks and real estate, this is the right time to buy as the valuations are very attractive. Though we can’t exactly say the % of appreciation, it will definitely yield good returns for long term investors.
• If your goal is short term, invest in fixed deposits or government bonds.
• It’s also very important to decide on the timing of the investment. Early birds will always make maximum money. When everyone is making money, realize that some will soon start loosing. Don’t buy when the market is at the peak. It’s very important to time the market.
• Finally ensure that you always have some cash in hand to attend to any emergency or to put in any attractive investment option that presents itself before you.

Finally remember that risk and return coexist in any kind of investment option and it’s always possible to lose money in any form of investment. Now the question you should ask yourself is “How much loss will I be able to bear?”

If you are not in a position to take more risk, put more of your money in FDs and Bonds and minimum in stocks. If you are capable of taking more risk, put more of your money in Equities and Real estate and very little in FD or Bonds. Those who have household responsibilities or those who are paying quite a bit of their money as interest towards loans should always be careful about the kind of investments they make.

Here is a small principle for dividing your funds amongst various investment options.

Reduce your age from 100 and what ever is the number you arrive at, you can put that much of money in high risk – high return investments.

For example, if your age is 30, you can put 70% of your money in high risk/high return assets and 30% in low risk – low return assets. As your hair starts turning grey, reduce your exposure towards equity, and increase it towards debt securities.

Image Credit: SMN

Popularity: 22%

If you invest in tax saving schemes right now, you can get your money back early. For example: If you have planned to invest in Fixed Deposit which can’t be withdrawn for 5 years, if you deposit today you will get your money back in 2013 December and you can use this money for tax investment again. Where as if you save it in March, you will get it back only in 2014 March and you will have to again go in search of cash.

Most of us spend all the cash in hand all through the year and try to find some cash in March. If we don’t find cash in March then your tax plan will go wrong.

Some people are of the opinion that even if I save on 31st March it will still come under this financial year, but this is not clever thing if you are trying to invest in Tax Saving Equity linked funds (ELSS) or Public Provident Fund. You will stand to loose 4 months of interest free income.

Some of us will wait till the year end to submit the medical bills or bills of books purchased for research etc. There is a chance of bills getting lost. It’s better to submit these bills every month to the concerned department in your office.

What about the investments I have made in the financial year ?

Before making any tax saving investments, it is always better to review the investments you have already made in the current financial year. In case you have made investments through Systematic investment planning (SIP), or already contributed to PPF, add all the amounts and plan for the remaining amount.

Get your calculations right:

• For employees there is PPF and it will anyway come under Section 80C. Some employees also would have taken health insurance, life insurance, or group insurance policy. First calculate the amount you have already paid towards premium.
• For those who have taken home loan, calculate the EMI you have paid for all the months. See the interest and principal component in that. You can get the principal paid on the loan exempt under Section 80C. You can claim exemption on interest up to 1.5 Lakh per annum.
• Also take into consideration, the tuition fee you have paid for your kids (allowed only for 2 kids).
• Take into consideration all the above and then decide on the amount for which you have to do tax planning.

• After all your tax planning is done if you are falling under 10% tax bracket and tax payable is not less than two to three thousand, it’s better to pay the tax instead of making investments only for saving these two or three thousands.
• Accounts folks in your office would have already informed you the amount of tax payable. Once you have calculated the amount invested so far, return from the amount invested, and the amount to be invested, all that you need to decide is to where to invest.
• If you don’t have the appetite to take risk invest in National Savings Certificates and Bank Fixed Deposits and if you are planning to invest for long term, put your money in Public Provident Fund.
• If you have the ability to bear risk, invest in Tax Saving Funds or ULIPs.

Instead of investing your money at once, it’s better to choose SIP and invest in 5 equal installments.

Image Credit: Kevin

Popularity: 26%

Where the mind is without fear and the head held high;
Where knowledge is free;
Where the world has not been broken up into fragments by narrow domestic walls;
Where words come out from the depth of truth;
Where tireless striving stretches its arms towards perfection;
Where the clear stream of reason has not lost its way into the dreary desert sand of dead habit;
Where the mind is led forward by Thee into ever-widening thought and action;
Into that heaven of freedom, my Father, let my country awake

                                                                                                by Rabindranath Tagore

Life will be a peaceful journey if we are able to face difficulties without fear, swallow the bitterness of tragedy, enjoy the happiness, and love that life showers on us.  Such lovely life is being crushed to death by the ruthless terrorism in a fraction of second right in front of our eyes.  In the journey of life death is appearing everywhere in today’s world. 

Parliament, temples, malls, shops, local trains, on streets, in star hotels, in air, on land or in water – everywhere terrorists are hunting down innocent people.

Recent attacks in Mumbai with are a direct war waged by terrorists on India.  Every time something like this happens I see a regular drama and it always has the below statements:

“We will destroy the very roots of terrorism and make our country a safe place again”

“I appreciate the people for the courage they have shown in this hour of crisis”

“We will not bow down before terrorism”

I think by now you would have guessed the people who make these statements.  These are our Netas.  When terrorist beasts are killing people mercilessly, what is the assurance being given these leaders,:

 “Incidents like these are happening all over the world and it is difficult to predict these incidents”

 “In a big city like Mumbai it is not possible to keep an eye on every person who comes in”

This is nothing but escapism and gross irresponsibility of the leaders.  They don’t even feel ashamed for making such statements. First time when terrorists killed people, I hated terrorists.

But then they repeatedly killed people, I started hating our politicians and law makers more than I hated terrorists for giving them a license to kill. 

10 to 12 terrorists who have entered Mumbai via sea  were able to hold the entire nation as hostage for 3 days. This clearly shows how incompetent our leaders, our policies, and our intelligence are. 

As if a sudden realization has dawned, Shivraj Patil resigned form his post. 

But it took a nation to loose 200 lives of civilians, 24 police officers, and soldiers to remind the Home minister of his “Moral Responsibility”.  After the UPA government came to power the number of attacks by terrorists have increased manifold and nothing was done politically to tackle this issue.  With all their concern for the terrorism they got POTA abolished. 

These leaders who can’t even step out without a dozen commandos around them say “people here are very courageous”.  They don’t have to certify our courage.  People of this nation are always more courageous than the leaders.  Though we know that our lives are not safe every time we step out, we still walk on the street without any fear.

Leaders make statements like “we will not be cowed down by terrorism’.  But it’s we the people who show this in action.  Within 3 days of the terror attack, ‘Leopold café’ is opened and people thronged it.  This is testimony to the courage of an Indian.

Mumbai resembled a war zone for 3 days.  Once it’s over people are back on the street not because of the assurances given by our politicians but because of the courage and patriotism shown by the Armed forces. 

Those brave commandoes who have sacrificed themselves to save us gave us the courage to come out and salute them.  Those of us who witnessed their dedication and sacrifice in flushing out the terrorists from Taj, Nariman house and Oberoi can’t forget them in our life time.

Even today we don’t have proper mechanism in place to tackle something like this.  We don’t have the weapons or technology or strategy.  How can you explain bullets piercing the bullet proof jackets of our cops? Our government is not able to stop the inflow of RDX into the country from Pakistan and Afghanistan. 

Our intelligence officers became spectators when the terrorists were equipping themselves with latest weapons.

After the parliament attack in 2001, though the government declared Terrorism as a national issue, nothing was done to beef up internal security.  Though, Prime Minister spoke about setting up of a ‘Federal Investigation Agency’ nothing has materialized.  Look at America, immediately after 9/11 attacks, they have put in place ‘Department of Homeland Security’.

At last Prime Minister woke up and setup a task force to come out with a strategy to counter terrorism in 100 days.  Actually, this should have happened long back.  None of the states in India has plan in place for terrorist attacks.  There is no proper co-ordination between our Police and intelligence.  Attack on Mumbai is an attack on the whole nation. 

Hope at least now our leaders will open their eyes and really take an action to fight terrorism.

Image Credit- Sameer Gupta

Popularity: 25%

“Yet again the communal clashes in the city has left the streets  burning with the flames of hatred killing thousands of people all over “.

This is Naina Sahay reporting live from Mumbai, Kal Tak. 

Naina was a young, flamboyant journalist who had earned herself a lot of accolades for her brave reporting and blunt comments that supported the truth. Her parents passed away when she was barely the age of 12 in an accident leaving behind a lot of responsibilities and a younger brother to take care of.

As she grew up she started working at a very young age in order to give her brother the best of life she could. She gave him love of a mother, father as well as sister. And in the process earned a living through whatever jobs she could lay her hands on. Naina got introduced to the field of journalism through a friend and since then there was no looking back. 

Naina just kept on climbing the success ladder to earn herself a life she truly deserved. From scratch, today she owns a good house, car and everything. But what Naina truly cared for was Armaan, her younger brother. She could never live without him. A slight fever and the girl who could report under waist deep water during Mumbai floods would go paranoid.

A small wound on Armaan would make her go berserk  and a drop of tear from Armaan’s eyes would just make Naina depressed. Probably that’s the reason why Naina was unmarried because she could not live without her brother and would want to give him her undivided attention.

But then one incident shattered her life.

In the year 1993 communal riots broke out in Mumbai .People were behind each other’s lives. Dead bodies were lying on the roads. Injured unattended and bloody and gory sight’s everywhere. People were scared to get out of their houses yet Naina risked her life to deliver news to people.  So many times the bullets must have just missed her but even through such tensed situation she would remain calm and help the injured on the streets. While doing her duty her finger constantly clicked Armaan’s number at the interval of every half an hour to ensure his safety.  

Suddenly one day Naina heard a cry of help. On drawing closer to the sound she realized there was a man badly injured and was probably taking his last breadth. The man in a hushed voice called Naina closer. Naina hesitantly went closer. The man revealed a sensational news that would rock the nation and he also had photo evidence to back his story. Naina was shocked at the evidence. Before Naina could ask him any questions the man closed his eyes forever.

The man said that the current Chief Minister was involved in the clashes of Hindu and Muslim communities and he had started communal rights in order to degrade his political rivalry. Naina had a very important evidence and also the power to stop the future bombings that were planned to kill the leader of the opposition party which would leave the entire city burning and spoil the situation even more.

Naina hurried to her house and kept the photograph with Armaan. She went to her Head Office to make arrangement for her breaking news. But what Naina wasn’t aware of was the man who followed her to her house.

While Naina was in the office preparing for the prime event the man entered her house. Armaan heard the noise and went in the front room. The man attacked Armaan, Armaan resisted and tried to fight back but the man just removed a gun and shot down six bullets into Armaan. Armaan’s knees gave away, he fell down and instantly his life was snatched by the cruelty of the world. The man ransacked the entire house and found the photograph and ran away with it.

Naina with her boss returned to her house. Her feet trembled, beads of sweat trickled down her forehead, she collapsed the darkness was’nt only for the moment but for the rest of her life.  Seeing the pool of blood which Armaan was in, disturbed the mental state of Naina.

The news was’nt deliverd but the death of Armaan resulted in the suicide of the courageous self of what Naina used to be. Yet again the politics of our country silenced the truth. She lost her mental balance, she lost her voice and what was left was a silent suicide which was never recorded..

Statistics have shown thousands of people suicide due to different reasons but have we ever thought of the loss of individuality that people suffer at the hands of our ignorance…It is high time we follow the philosophy of LIVE AND LET LIVE… It is high time we understand that we are not divided on the basis of religion, caste, creed or sex but we all belong to a much higher sect that is Humanity.

We all have 2 eyes 2 hands 1 nose 2 feet, so why the heck are we fighting for our so called differences. Let’s all join in this human chain of understanding and love so that we make India, a better place to live in.

Popularity: 31%

Image Credit : Leo Reynolds

“Man, I have a 6.35 am to catch. I am running late by 10 minutes. I am not sure if I will be able to make it. Lets talk tomorrow” says Vineeth

“Suresh, I started this venture part time with few of my friends. I am already working 10 hours at office and another 3 hours to commute back and forth. I am expected to deliver both at work and at my new partnership firm. I am finding it difficult to manage, yaar. Can you tell me a way to come out of this ?” says Sudheer, an HR executive at an MNC

“Hey Verma – I have had another bad day with my wife. She keeps complaining that I don’t take her out for a movie or for dining, I don’t spend time with the kids and is not a partner to all the hardship that she undergoes. What do you reckon. Do you think I should quit my job and take up a new one or leave her alone?” …asks Srinath, another MNC executive who also happens to be a partner in the venture in which Sudheer has put his heart to.

What do these three guys have in common ?

Anybody’s guess – They all have the same problems that you and I face every day – lack of time.

I wish I could give them a part of my time and add it to their allotted 24 hours in a day. If only we could buy and sell time, then the whole world would have been a different phenomenon altogether. I am sure, time is the only commodity left to be traded.

Did I give some ideas to the commodity market, just now ?

Never mind, that’s a different topic altogether to discuss. Will do it some other day.

Lets get down to business and “Show Daddy” how time can be well managed.

One common thing that I have noticed in many youngsters and the old alike is that everyone craves for time.

Time is money.

• Ask a trader, how much money will he lose if he steps out of his desk for a few minutes.
• Ask a sprinter, what is the value of the split of a second
• Ask a CEO, what is the value of his time

All of them would say one common word – Invaluable.

Time is invaluable.

So, coming back to the point – how do I, as an individual, manage my time most effectively ? How can I fulfill my role  as an employee, a wannabe entrepreneur, a husband, a father or a son, a neighbour or a colleague – how ?

Everybody needs my time and no body tries to understand how much invaluable it is to me .

I have long introspected these questions, time and again and have come up with a formula  called “Show Daddy” which works fantastically for me. Hope this will put things into perspective

1. Set expectations

This one is a tough one. I can set expectations for myself but how do I do set it for others who are so dear to me ? Well, that’s the question that runs in many of our minds. My answer to that is simple.

Learn to say “No”.

This is a golden two letter word that brings an eternity of happiness. Take things which you can fulfill. Say “No” to others. If your wife asks you to come for shopping and expects you to be with her all through her shopping expeditions and you don’t like it a bit, say “No”.

The other option is to go with her but with a laptop and an air-card chipped in, so that you can make use of your time while she takes 4-5 hours of creative time for selection and end up buying nothing (No offence to lady readers but it’s a fact that many of us go through). If you don’t have a laptop, go buy an ASUS EE PC – that is the smallest yet powerful micro PC that you can get in the market. Wouldn’t cost you much – say around $300 or so.

The example given above holds good with your boss too.

Eat only what you can chew. If you accept what you can’t deliver, he will question you on your commitment, integrity, honesty, sincerity blah blah blah and you will call for unwarranted discussions.

In contrast, if you put your foot down, you will set his expectation right and in the process save lot of time and energy for yourself

Key message – Put your foot down where it matters by saying “No” and thus set expectations

2. Have a plan

Well, I don’t need to tell you the importance of having a plan. Having a plan is half the job well done. Imagine a project manager managing his project without having a set plan, set objectives, set goals etc.  We will speak more on this in the sections coming but you get the point, right ?

Without a proper plan, you would seem like a headless chicken with no sense of direction, whatsoever. A plan gives you direction. A direction gives you the goal and the goal shows you the path to achieve that goal.

Improper planning or the lack of planning itself can cost you hundreds and thousands of dollars of wasted or overutilised man hour effort trying to figure out what needs to be done and when.

Bottomline – A plan is the backbone and a step by step guide for your success.

I thought of writing the rest of the time pieces but I know you are already exhausted already. I am taking a break now, will be back tomorrow to complete the rest of the article in this 5 part series.

Meanwhile, digest what I said just now, do some introspection and see if you can start making some changes to your life….just some !

Cheers !

Popularity: 16%