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Archive for the ‘Human resources’ Category

The Satyam fiasco – Ramalinga Raju’s misadventures

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Sorry for not blogging about this earlier. I did not have access to broadband Internet at my home for the last 3 days and was working off my Blackberry for office related tasks.

While the economic and financial implications have been written about far and wide and everyone is busy reading the tea leaves, what are the lessons one take’s away from this? Before I begin my analysis, I would like to remind my readers that I had blogged on Corporate governance and sound accounting practices as early as 1.5 years ago on this very blog: https://ecofin.wordpress.com/2007/07/06/importance-of-accounting-for-the-business-world/ and on http://www.accounting101.wordpress.com AND on Corporate Ethics here: https://ecofin.wordpress.com/2006/11/16/corporate-ethics/ more than TWO years ago! Read the rest of this entry »

Ecofinglobe.com and its statistics from an year ago

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I was chancing to look upon my blog’s readership and it has skyrocketed in last few months. To give you an idea of how much the readership for http://www.ecofin.wordpress.com has gone up by, Alexa rating has shown a consistent rise in my webpage ranking (it currently stands at 755139 worldwide and its India ranking is better at 58137. Furthermore, my year old blog stats shows my blog to have averaged 9999 hits way in May 2007. The current count stands at 77791.

Above means nothing if people don’t read posts. Simple page views/hits serve no value absolutely. The most important indicator that indicates the health status of a blog is its post:comment ratio. My blog’s average post:comment ratio is at about 1:2. This means, for every post I put up, I get double the # of comments. This ratio was about 2:1 last year at about the same time and it had not even reached breakeven. So, it is a satisfaction that my blog is a success in terms of these critical metrics.

Thank you, all for making this blog readable! Its only my readers who can turnaround this blog and I hope to keep you as repeat readers so the value of this blog is enhanced further!

Keep visiting back – you know where to look for me: http://www.ecofinglobe.com!

Book review — Harvard business review — Finding and keeping the best people

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Makes sense for me to read this since this is something I need to do at work day in and day out.

Will post a detailed review once done.

Written by Naveen Athresh

April 5, 2008 at 1:53 pm

Some macro economic predictions for 2008

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https://ecofin.wordpress.com/2008/10/09/are-we-staring-in-the-face-of-a-depression-in-2008/

Here’s a caveat: I fully understand economic predictions are foolhardy and its a bunch of crap since it is not something that can be predicted. Famous investors such as billionnaire Warren Buffett etc. also share the same viewpoints about economic predictions not being practical due to the changing dynamics of economies worldwide!

I still choose to defy this and some of my predictions for 2008 are as follows. Do not worry – I will not try to state the obvious and this is a result of some tad bit of analytical analysis thrown in for it to have some meaning. Read the rest of this entry »

Blogging guidelines – my two cents

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What are the important factors one needs to consider before one begins to blog:

1. First, get over this obsession of Google adsense. 99/100 bloggers I meet first think of making a quick buck on adsense rather than focus on quality of their blogs and its relevance towards the topic(s) chosen! This is really very disturbing statistics. Read the rest of this entry »

Direct from DELL

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Michael Dell - founder of DELL Computer Corp.Courtesy of Dell Inc.

http://www.amazon.com/Direct-Dell-Chairman-Executive-Corporation/dp/0887309143 

I am currently reading up on the book – Direct from DELL written by none other than the legendary founder of DELL Computer Corporation (NASD: DELL). Read the rest of this entry »

Rising rupee / Foreign exchange exposure of Indian IT companies due to appreciation

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Cross posted in http://www.acc101.com

In the last few weeks, we have been hearing of the top Indian IT service export companies declaring their Q1 results (remember the Indian financial year is from Apr 1st – Mar 31st) and almost all of them without doubt have been hit by a rising rupee. I have written an earlier post on the same topic and it made for interesting analysis back then – https://ecofin.wordpress.com/2007/05/10/currency-markets-is-the-indian-rupee-really-appreciating/

I read in the papers today about some steps taken by some of these IT majors such as asking employees to work on Saturdays to compensate for their exposure to the rupee appreciation! I am not so concerned about the fact that they are asking their people to work on Saturdays but I am concerned about the fact that they are trying to relate two different events (from an employee perspective in an employee driven organization) to justify their need to make employees work on Saturdays to cover for their risk exposure to the outside forex market. Is this justified – is what I am trying to analyze.

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