Interpretation: Score of 0-9 is considered normal while 10 and above abnormal. Many a times, I have clocked 21 out the maximum possible 24, the only saving grace being the last situation, since I don’t like to drive (maybe, I should ask my driver to answer that lineJ)
In conclusion:
Barring stress control, Ranjan Das did everything right: eating proper food, exercising (marathoning!), maintaining proper weight. But he missed getting proper and adequate sleep, minimum 7 hours. In my opinion, that killed him.
If you are not getting enough sleep (7 hours), you are playing with fire, even if you have low stress.
I always took pride in my ability to work 50 hours at a stretch whenever the situation warranted. But I was so spooked after seeing the scientific evidence last week that since Saturday night, I ensure I do not even set the alarm clock under 7 hours. Now, that is a nice excuse to get some more sleep.J
Unfortunately, Ranjan Das is not alone when it comes to missing sleep. Many of us are doing exactly the same, perhaps out of ignorance. Please forward this mail to as many of your colleagues as possible, especially those who might be short-changing their sleep. If we can save even one young life because of this email, I would be the happiest person on earth.
Explore the manager within you.Share the knowledge you have acquired as a student or as a professional.No better place to put your thoughts and views on various aspects of management.If you want to contribute to the blog as an author then mail us at aggarwal.prabal@gmail.com or vicksitis@gmail.com.Else you can post in your comments on our various posts. Also, if you like our articles, comment on it, as it will encourage us to write more
Friday, November 20, 2009
Lack of Sleep and Heart Attacks - What killed Ranjan Das and Lessons for Corporate India
Thursday, November 19, 2009
Inflation-Nice One
A man eats two eggs each morning for breakfast. When he goes to the Kirana store he pays Rs. 12 a dozen. Since a dozen eggs won't last a week he normally buys two dozens at a time. One day while buying eggs he notices that the price has risen to Rs. 16. The next time he buys groceries, eggs are Rs. 22 a dozen.
When asked to explain the price of eggs the store owner says, "The price has gone up and I have to raise my price accordingly". This store buys 100 dozen eggs a day. He checked around for a better price and all the distributors have raised their prices. The distributors have begun to buy from the huge egg farms. The small egg farms have been driven out of business. The huge egg farms sell 100,000 dozen eggs a day to distributors. With no competition, they can set the price as they see fit. The distributors then have to raise their prices to the grocery stores. And on and on and on.
As the man kept buying eggs the price kept going up. He saw the big egg trucks delivering 100 dozen eggs each day. Nothing changed there. He checked out the huge egg farms and found they were selling 100,000 dozen eggs to the distributors daily. Nothing had changed but the price of eggs.
Then week before Diwali the price of eggs shot up to Rs. 40 a dozen. Again he asked the grocery owner why and was told, "Cakes and baking for the holiday". The huge egg farmers know there will be a lot of baking going on and more eggs will be used. Hence, the price of eggs goes up. Expect the same thing at Christmas and other times when family cooking, baking, etc. happen.
This pattern continues until the price of eggs is Rs. 60 a dozen. The man says, " There must be something we can do about the price of eggs".
He starts talking to all the people in his town and they decide to stop buying eggs. This didn't work because everyone needed eggs.
Finally, the man suggested only buying what you need. He ate 2 eggs a day. On the way home from work he would stop at the grocery and buy two eggs. Everyone in town started buying 2 or 3 eggs a day.
The grocery store owner began complaining that he had too many eggs in his cooler. He told the distributor that he didn't need any eggs.
Maybe wouldn't need any all week.
The distributor had eggs piling up at his warehouse. He told the huge egg farms that he didn't have any room for eggs would not need any for at least two weeks.
At the egg farm, the chickens just kept on laying eggs. To relieve the pressure, the huge egg farm told the distributor that they could buy the eggs at a lower price.
The distributor said, " I don't have the room for the %$&^*&% eggs even if they were free". The distributor told the grocery store owner that he would lower the price of the eggs if the store would start buying
again.
The grocery store owner said, "I don't have room for more eggs. The customers are only buying 2 or 3 eggs at a time. Now if you were to drop the price of eggs back down to the original price, the customers
would start buying by the dozen again".
The distributors sent that proposal to the huge egg farmers but the egg farmers liked the price they were getting for their eggs but, those chickens just kept on laying. Finally, the egg farmers lowered the
price of their eggs. But only a few paisa.
The customers still bought 2 or 3 eggs at a time. They said, "when the price of eggs gets down to where it was before, we will start buying by the dozen."
Slowly the price of eggs started dropping. The distributors had to slash their prices to make room for the eggs coming from the egg farmers.
The egg farmers cut their prices because the distributors wouldn't buy at a higher price than they were selling eggs for. Anyway, they had full warehouses and wouldn't need eggs for quite a while.
And those chickens kept on laying.
Eventually, the egg farmers cut their prices because they were throwing away eggs they couldn't sell.
The distributors started buying again because the eggs were priced to where the stores could afford to sell them at the lower price.
And the customers starting buying by the dozen again.
Now, transpose this analogy to the gasoline industry.
What if everyone only bought Rs 200.00 worth of Petrol each time they pulled to the pump? The dealer's tanks would stay semi full all the time. The dealers wouldn't have room for the gas coming from the huge tanks. The tank farms wouldn't have room for the petrol coming from the refining plants. And the refining plants wouldn't have room for the oil being off loaded from the huge tankers coming from the oil fiends.
Just Rs 200.00 each time you buy gas. Don't fill up the tank of your car. You may have to stop for gas twice a week, but the price should come down.
Think about it.
Also, don't buy anything else at the fuel station; don't give them any more of your hard earned money than what you spend on gas, until the prices come down..."
...just think of this concept for a while.
..................please pass this concept around....reaching out to
the masses ...the world .....
Saturday, November 14, 2009
Wednesday, November 4, 2009
Simply Reliance - Exclusive News -Plan Variants to be Launched "Customer Chooses the Pulse"- This is truly India's Most Disruptive & Best Tariff Plan
RCOM’s new plan extensions (to be launched) to the Simply Reliance Plan are — customer chooses the pulse plans.
(Extension Plans to Simply Reliance are not officially launched on the website still - but will be launched shortly as per the source)
- They will launch a 1 paisa per second plan with Rs. 0.60 per minute cost
- & a per 180 second plan with Rs. 1 per 3 minute cost (effective cost .33 paise per minute).
RCOM has taken the pricing war to the pulse level. The offer to customers is simple – customer chooses the pulse duration (second, minute, or 3 minutes) and the higher the pulse duration, the lower the per-pulse charge.
RCOM's another Pricing action is similar to Volume Discounting in segments or slabs. This has and will put pressure on Incumbents like Airtel and Vodafone who are responding to the price war with a passive approach - which is ridden with lots of conditions or riders along with the tariff plans which they offer. Airtel Advantage Plan and Airtel Freedom Plan are both expensive as compared to Simply Reliance Plan by as much as 20% to 60% in various tariffs they offer and again their offers are timed - 30 day validity or 1 year validity. Unlike reliance whose offers are for lifetime.
Reliance Communications Simply Reliance Plan Variants | |||
| | | |
Applicability (Both GSM & CDMA Networks) | Both Prepaid & Postpaid segments - Pan India | ||
Prepaid Plan Implications | New Plan | Existing | New Plan |
Sim Card Cost Currently | Free | Free | Free |
First Recharge for lifetime plan benefit | | Rs.51 | |
Existing customer migration cost - one time cost for lifetime | | Rs.48 | |
Validity of the plan and the number | Lifetime | Lifetime | Lifetime |
Minimum Recharge Commitment every 6 months for connection continuity | Rs. 200/6months | Rs. 200/6months | Rs. 200/6months |
| SIMPLY RELIANCE PLAN (Rs.) | ||
Category / Pulse Rate | Per second | Per minute | Per 180 seconds (3mins) |
Local on-net | 0.01 | 0.5 | 1 |
Local off-net | 0.01 | 0.5 | 1 |
STD (NLD) on-net | 0.01 | 0.5 | 1 |
STD (NLD) off-net | 0.01 | 0.5 | 1 |
SMS - local | 0.01 | 0.5 | 1 |
SMS - national | 0.01 | 0.5 | 1 |
Roaming incoming | 0.01 | 0.5 | 1 |
Roaming outgoing (local) | 0.01 | 0.5 | 1 |
Roaming outgoing (STD) | 0.01 | 0.5 | 1 |
| | | |
Per Minute Cost Workout for Consumers - Effective Cost | Rs. 0.60/min | Rs. 0.50/min | Rs. 0.33/min |
| | | |
Postpaid Plan Implications | | | |
Monthly Plan Type 1 - Cost (with Rs. 99 worth of free sms's) | | Rs. 99/month | |
Monthly Plan Type 2 - Cost (with Rs. 399 worth of free sms's & free local calls both) | | Rs. 399/month | |
| | | |
Source - Company and Kotak Report | | | |