Its Recession - Time to act

Hey all its 2009 !!My first blog of this year and that too on Recession,In couple of days first quarter of this year will be behind us. World is witnessing the worst recession in 100 years. Daily we are hearing job cuts, companies shutting down/downsizing operations etc Stock market’s nose dive only adds more fuel to the present situation .Governments all over the world are taking corrective measures but apparently nothing seem to solve the cause (at least for short term).As I’m writing this blog Indian economy is heading towards deflation. It’s indeed appalling to note that within a span of 8 months, Indian economy has taken a complete U turn from record high inflation rate of 8.75% to almost zero % inflation (this coming week)

Recession at its peak

Where are we heading? All goody feedbacks on Indian economy are no more appearing in the news columns. May be I feel this correction was long pending. It’s time to understand the real terms and as a responsible citizen it‘s also our duty to fight this recession by chalking out clear plans, cutting down unnecessary costs rather than panicking

How’s the world going to come out of this mess? Given severity of the wound it’ll surely take time to heal .It’s a good time for the country, people to take stock and hone its/their skills. All of us should try to innovate in all we look at. Word – Innovation itself may scare most of the people as it carries a whole lot of meaning and make a common man think that he/she may not be a genius to innovate. To me innovation is as simple as bringing in process improvement which there by may increase the productivity or saves time, money or what ever it may be which ultimately should enhance the experience

Not this kind of innovation though :-)

As I’m discussing about innovation, this forwarded link has hit my mind (received from my PM this week- you tube video link), I was thrilled to see that video, our experience with mobiles, notebook, and internet are definitely going to have a sea change in coming years, you might have already seen this still thought to share the same with you all along with this blog, Try to peep in whenever you get the leisure time, Man behind this innovation is none other than a Indian – Pranav Mistry – try googling his name, you will get lot more interesting details

Pranav's Innovation


Ok guys that’s it for now, things are going as usual at my end, you know what - I’m here in Hyderabad for 9 months now, really couldn’t believe myself, this is the longest stint since I left TATA, I’ve had a good time so far, though it’s a kind of routine life (now)
Have got an opportunity to work in a support environment which I had never experienced and also opportunity to prove my leadership skills by managing this current project as an offshore project lead, so things are going on ok if not that great :-)
Wish you all a advance Good Friday and Tamil new year(for all tamilians)