Lalu to teach management at IIM-A

Believe it or not but Lalu is all set to don the role of a management guru and deliver a lecture to the IIM-Ahmedabad graduates on 18th Sept on the turnaround of Indian Railways which earned a profit of Rs. 15000 crore in 2005-06. Beloq are few excerpts from a news article on Rediff News -

Prasad puts it in his inimitable style: "My mother always told me not to handle a buffalo by its tail but always catch it by its horns. And I have used that lesson in everything in my life, including the Railways."

When some of the Railway Board members expressed apprehensions in increasing wagon loads, a decision which alone generated Rs 7,200 crore (Rs 72 billion), Prasad said: "Wagon is the bread earning horse of the Railways. Load it adequately. Make it run and don't stable it."

Prasad's other management mantra for the Railways has been: "If you do not milk the cow fully, it falls sick," which he is practicing while running the Railways.

Prasad's secret lies in the fact that he did not convert the ministry into a Bihar Bhawan but left the crucial decision to his bureaucrats. He is achieving his targets not by increasing fares or downsizing, but by increasing traffic.

Today it is not only IIM Ahmedabad, which wants to fete Prasad for posting a fund balance of Rs 15,000 crore in 2005-06. Even the premier international business schools like Harvard and HEC Management School, France, have shown interest in turning Prasad's experiment with the Railways into case studies for aspiring business graduates.

Read the full article here or click on the title above.

Believe in your Dreams

Luke : I can't believe it!

Yoda : That is why you fail.

[Yoda - The 'Star Wars' Jedi Master]

Haircut of the Year

For those who couldn't figure it out...look at his ears!!!

Disneyland on the Ganges

Shiv Sagar, grandson of the popular Indian film producer Ramanand Sagar, (Ramanand Sagar is largely remembered for his immensely popular TV serial Ramayan), who holds a management degree from the Indian School of Business (ISB) Hyderabad, is planning to launch a spiritual theme park on the bank of River Ganga near Haridwar, a first of its kind in India. Read details of the same here.