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Monday, February 25, 2013

India’s high-stakes urban challenge 02-26


India’s high-stakes urban challenge

The country’s cities are expanding explosively. A new report from the McKinsey Global Institute considers how policy makers might respond.

Indias urban challenge article, Indian urban policy issue, Economic Studies
India’s cities are expanding on a larger scale and at a faster pace than ever before. To date, though, the country has avoided dealing with the hard questions about how best to manage its massive urbanization. The policy vacuum may lead to worsening urban decay, poor quality of life for citizens, and a reluctance among investors to commit funds to projects in India’s urban centers.
A new report from the McKinsey Global Institute (MGI)—India’s urban awakening: Building inclusive cities, sustaining economic growth—finds that a lack of effective policies to manage urbanization could jeopardize India’s GDP growth rate. But international experience shows that India could turn its cities around in a decade. If the country makes and executes the right policy choices, it could boost annual GDP by 1 to 1.5 percentage points, taking the economy close to the double-digit growth it needs to create sufficient jobs for the 270 million people expected to enter the working-age population over the next 20 years.
The report projects that the country’s urban population will soar to 590 million in 2030, from 340 million in 2008. India’s cities could generate 70 percent of the net new jobs created by 2030, produce more than 70 percent of the country’s GDP, and stimulate a near-fourfold increase in per capita income.
These economic trends will unlock many new markets and investment opportunities in, for example, infrastructure, transportation, health care, education, and recreation. In infrastructure, MGI projects that the economy will need 700 million to 900 million square meters of new residential and commercial space a year—equivalent to adding more than two Mumbais or one Chicago. In transportation, India will require 350 to 400 kilometers of new subway lines annually (more than 20 times the subway capacity built over the last decade) and between 19,000 and 25,000 kilometers of roads (nearly equivalent to the amount India has built over the last ten years). Yet India has traditionally underinvested in its cities compared with the countries of other urban centers around the world (exhibit).
Managed poorly, India’s cities will fall further into decay and gridlock, and today’s growth trajectory could even be called into question. Handled well, this urban expansion will be the key to India’s continuing economic success.

Sunday, February 24, 2013

GOOGLE LAUNCHES 2 HOUR RECRUITING VIDEO STARRING OWEN WILSON AND VINCE VAUGHN 02-25


GOOGLE LAUNCHES 2 HOUR RECRUITING VIDEO STARRING OWEN WILSON AND VINCE VAUGHN

Wow! Talk about taking it to the next level! Wow.
the-internship-google
Google is launching a 2-hour recruiting video starring Owen Wilson and Vince Vaughn. It will soon be in a movie theater near you.  Seriously. Check out the trailer below.

Okay, so its not REALLY a recruiting video, per se. It is actually a regular movie that takes place on the campuses of Google. It showcases what its like to work there and gives you a real feel for the great and wonderful things that take place there. Oh, wait a minute! Isn’t that a recruiting video?
Curiously enough, Google does not have a financial stake in the movie. (The LA Times said so.) But it did give the film crew access to their Googleplex campus and consulted with them on creating a Google-like set.
Fyi, the movie debuts on June 7th. I would really, really, really want to know how this affects their recruiting numbers. Will they get a surge of new applicants? How many of those candidates will they hire? And if so, how long before there is a recruiting video featuring Facebook? And not to be outdone, Microsoft produces one as well. Could this be a new trend in recruiting?!!!!
Probably not. But its fun to speculate. What do you think? Leave me a comment below?
-Jim

Do You Play to Win—or to Not Lose? 02-24


Do You Play to Win—or to Not Lose?

by Heidi Grant Halvorson and E. Tory Higgins

In what kinds of situations are you most effective? What factors strengthen—or undermine—your motivation? People answer these questions in very different ways, and that’s the challenge at the heart of good management—whether you’re managing your own performance or someone else’s. One-size-fits-all principles don’t work. The strategies that help you excel may not help your colleagues or your direct reports; what works for your boss or your mentor doesn’t always work for you. Personality matters.
In business the most common tool for identifying one’s personality type is the Myers-Briggs Type Indicator. But the problem with this and many other assessment tools is that they don’t actually predict performance. (In fairness to Myers-Briggs, it doesn’t claim to.) These tests will tell you about attributes—such as your degree of introversion or extroversion, or your reliance on thinking versus feeling—that indicate what you like to do, but they tell you very little about whether you are good at it, or how to improve if you’re not.
Fortunately, there is a way of grouping people into types on the basis of a personality attribute that does predict performance: promotion focus or prevention focus. Although these types are well known among academic psychologists and marketing and management researchers, word of them has not yet filtered down to the people who we believe could benefit most: managers keen to be more effective in their jobs and to help others reach their full potential as well.
The Two Types

Motivational focus affects how we approach life’s challenges and demands. Promotion-focused people see their goals as creating a path to gain or advancement and concentrate on the rewards that will accrue when they achieve them. They are eager and they play to win. You’ll recognize promotion-focused people as those who are comfortable taking chances, who like to work quickly, who dream big and think creatively. Unfortunately, all that chance taking, speedy working, and positive thinking makes these individuals more prone to error, less likely to think things through, and usually unprepared with a plan B if things go wrong. That’s a price they are willing to pay, because for the promotion-focused, the worst thing is a chance not taken, a reward unearned, a failure to advance.
Prevention-focused people, in contrast, see their goals as responsibilities, and they concentrate on staying safe. They worry about what might go wrong if they don’t work hard enough or aren’t careful enough. They are vigilant and play to not lose, to hang on to what they have, to maintain the status quo. They are often more risk-averse, but their work is also more thorough, accurate, and carefully considered. To succeed, they work slowly and meticulously. They aren’t usually the most creative thinkers, but they may have excellent analytical and problem-solving skills. While the promotion-minded generate lots of ideas, good and bad, it often takes someone prevention-minded to tell the difference between the two.
Although everyone is concerned at various times with both promotion and prevention, most of us have a dominant motivational focus. It affects what we pay attention to, what we value, and how we feel when we succeed or fail. It determines our strengths and weaknesses, both personally and professionally. And it’s why the decisions and preferences of our differently focused colleagues can seem so odd at times.
Most readers will be able to identify their dominant focus immediately. But if you can’t, here are some signs to look for in yourself or your colleagues:
Promotion-focused people
  • work quickly
  • consider lots of alternatives and are great brainstormers
  • are open to new opportunities
  • are optimists
  • plan only for best-case scenarios
  • seek positive feedback and lose steam without it
  • feel dejected or depressed when things go wrong
Prevention-focused people
  • work slowly and deliberately
  • tend to be accurate
  • are prepared for the worst
  • are stressed by short deadlines
  • stick to tried-and-true ways of doing things
  • are uncomfortable with praise or optimism
  • feel worried or anxious when things go wrong
Simply identifying your own type should help you embrace your strengths as well as recognize and compensate for your weaknesses. To some extent people do this intuitively. Studies show that prevention-focused individuals are likely to take up what organizational psychologists call “conventional and realistic” work, as administrators, bookkeepers, accountants, technicians, and manufacturing workers. These occupations require knowledge of rules and regulations, careful execution, and a propensity for thoroughness—they are jobs in which attention to detail is what really pays off.
The promotion-focused are likely to pursue “artistic and investigative” careers, as musicians, copywriters, inventors, and consultants. These tend to be think-outside-the-box jobs, in which people are rewarded for creative and innovative thinking, and being practical isn’t emphasized.
Your focus might also steer you toward a particular industry. Promotion-focused leaders tend to be most effective in dynamic industries, where it’s important to respond rapidly and innovatively to stay ahead. Prevention-focused leaders are most effective in more stable industries, where avoiding catastrophic error is often the key to success.
Creating Motivational Fit
Once you know your focus, you can choose role models, frame goals, seek or give feedback, and provide incentives that will strengthen your motivation or your team’s. Motivational fit enhances and sustains both the eagerness of the promotion-minded and the vigilance of the prevention-minded, making work seem more valuable and thus boosting both performance and enjoyment. When the motivational strategies we use don’t align with our dominant focus, we are less likely to achieve our goals.
Choosing role models. Storytelling has long been touted as a motivational tool. But different types of people need varying kinds of stories. Studies show that the promotion-focused are more engaged when they hear about an inspirational role model, such as a particularly high-performing salesperson or a uniquely effective team leader. The prevention-focused, in contrast, are impressed by a strong cautionary tale about someone whose path they shouldn’t follow, because thinking about avoiding mistakes feels right to them. As an individual, you naturally pay attention to the kind of story that resonates most with you. But as a colleague or a boss, you should think about whether the stories you share with others are motivational for them.
It’s also important to seek out mentors and, when possible, future bosses whose focus matches your own and, if you’re a manager, to subtly adapt your style to suit each employee’s focus. According to recent research, promotion-minded employees thrive under transformational leaders, who support creative solutions, have a long-term vision, and look for ways to shake things up. The prevention-focused are at their best under transactional leaders, who emphasize rules and standards, protect the status quo, tend toward micromanagement, discourage errors, and focus on effectively reaching more-immediate goals. When people find themselves working for a leader who fits, they say that they value their work significantly more and are less likely to want to leave the organization. When employees and bosses are mismatched, enjoyment of and commitment to work declines. If no one works to counteract the tension, serious problems can arise. (See the exhibit “When Personalities Don’t Match.”)
Framing the goal. Sometimes even minor tweaks in how you think about a goal or the language you use to describe it can make a difference. One of our favorite studies on this subject comes from Germany. Coaches in a highly regarded semiprofessional soccer league were told to prep their players for high-pressure penalty kicks with one of two statements: “You are going to shoot five penalties. Your aspiration is to score at least three times.” Or “You are going to shoot five penalties. Your obligation is to not miss more than twice.” You probably wouldn’t expect a small change in wording to affect these practiced, highly motivated players. But it had a big impact. Players did significantly better when the instructions were framed to match their dominant motivational focus, which the researchers had previously measured. This was especially true for prevention-minded players, who scored nearly twice as often when they received the don’t-miss instructions.
In another study that used framing, students were assigned to write a report, for which they would be paid, and deliver it by a certain date. They were asked to make a specific plan, detailing when, where, and how they would write the report.
One version of the instructions was designed to fit a promotion focus:
Imagine a convenient time when you will be able to write your report.Imagine a comfortable, quiet place where you might write your report.Imagine yourself capturing as many details as you can and making your report vivid and interesting.
The other version was designed to fit a prevention focus:
Imagine times that will be inconvenient for writing your report so that you can avoid them.Imagine places that will be uncomfortable or have lots of distraction so that you can avoid writing your report there.Imagine yourself not forgetting any details and being careful not to make your report bland or boring.
Remarkably, students who received instructions suited to their dominant motivational focus were about 50% more likely than others to turn in their reports. So when you are trying to keep yourself or someone else motivated, remember that promotion-focused people need to think about what they are doing in terms of positives (what they aspire to, how best to accomplish the task) and prevention-focused people should instead think about negatives (potential mistakes, obstacles to avoid).
Seeking or giving feedback. Once goals are set in a way that creates motivational fit, you must sustain the fit by seeking out—or, as a manager, giving—the right kind of feedback. Promotion-focused people tend to increase their efforts when a supervisor offers them praise for excellent work, whereas prevention-focused people are more responsive to criticism and the looming possibility of failure. For instance, in one study we found that the promotion-focused were more motivated and tried harder in the midst of a task when they were assured that they were on target to reach a goal as opposed to when they were told that they were below target but could catch up. For prevention-focused people the reverse was true: They tried harder when told they weren’t on target; in fact, being assured of success undermined their motivation.
We aren’t suggesting that you seek out false praise or unwarranted criticism, or offer up either one as a manager. But if you’re promotion-minded, you can look for people who will give you the positive, inspirational message you need. And if you’re prevention-minded, you should routinely ask colleagues for constructive criticism.
As a manager, you should always give honest feedback, but you might want to adjust your emphasis to maximize motivation. Don’t be overly effusive when praising the prevention-focused, and don’t gloss over mistakes they’ve made or areas that need improvement. Meanwhile, don’t be overly critical when delivering bad news to the promotion-focused—they need reassurance that you have confidence in their ability and recognize their good work.
Providing incentives. Tangible incentives are another way to sustain motivational fit. This is not as simple as “rewards are motivating,” because incentives vary according to personality type. You can create your own incentives (“If I finish this project by Friday, I will treat myself to a spa day,” or “If I don’t finish this project by Friday, I will spend the weekend cleaning out the garage”), and you can push to make sure your employees’ incentives create fit.
It’s also important to avoid incentives that aren’t aligned with focus, because they can be demotivating. For example, after the Gulf of Mexico oil spill and the public relations disaster it created for BP, the company’s new CEO, Bob Dudley, changed the rules governing employee bonuses: Increasing safety would be the sole criterion on which they were calculated. One well-known shortcoming of this approach is that it can lead to the underreporting of problems rather than to an actual increase in safety. But a second important flaw is probably now also obvious: Rewarding people for safety is a poor motivational fit. The thought of a bonus makes people eager and willing to take chances (promotion), which is the opposite of being vigilant and avoiding mistakes (prevention). On the other hand, penalties—such as taking bonus money away—for not meeting new safety standards would provide the right kind of motivational fit.
We believe that a promotion focus and a prevention focus are two legitimate ways of looking at the same goal. You may think your business should concentrate on creating new opportunities for advancement, while your colleague thinks the emphasis should be on protecting your relationships with existing clients—and you are both right. Promotion-focused and prevention-focused people are crucial for every organization’s success, despite the potential for infighting and poor communication. Businesses (and teams) need to excel at innovation and at maintaining what works, at speed and at accuracy. The key is to understand and embrace our personality types and those of our colleagues, and to bring out the best in each of us.

Saturday, February 23, 2013

My city Hyderabad seems to be on bad days. 02-23

My city Hyderabad seems to be on bad days.

Immediately after the ghastly bomb blast on Thursday resulting in huge loss of property and precious human life,

Today again there are reports of huge fire accident resulting in an inferno engulfing the area near by and causing enormous loss of property. including some vehicles nearby. Fortunately, as of now there re no reports of loss of human lives.

Fire fighters re doing their best, but they are constrained heavily. Police are too busy providing security to the unending stream of politicians coming to city & visiting the blast site & hospitals. This is causing huge inconvenience o the citizens in general & specially the patients, who even during normal time do not get the best of attention. 

The least these politicians can do is,to keep away from Hyderabad for some time & allow the things to settle, & allow the police to do their work peacefully.

There should be some provision in the constitution to prevent these opportunistic species from creating inconvenience to the normal citizens.

An opinion needs to built on this by you me & others on this

Shyam

Friday, February 22, 2013

edX Expands Internationally 02-22


edX Expands Internationally and Doubles its Institutional Membership with the Addition of Six New Schools

EDX WELCOMES THE AUSTRALIAN NATIONAL UNIVERSITY, DELFT UNIVERSITY OF TECHNOLOGY, ÉCOLE POLYTECHNIQUE FÉDÉRALE DE LAUSANNE, MCGILL UNIVERSITY, RICE UNIVERSITY AND UNIVERSITY OF TORONTO TO ITS X UNIVERSITY CONSORTIUM OF THE WORLD’S LEADING HIGHER EDUCATION INSTITUTIONS

CAMBRIDGE, MA – Feb. 20, 2013 – EdX, the not-for-profit online learning enterprise founded by Harvard University and the Massachusetts Institute of Technology (MIT), announced today the international expansion of its X University Consortium with the addition of six new global higher education institutions. The Australian National University (ANU), Delft University of Technology in the Netherlands, École Polytechnique Fédérale de Lausanne (EPFL) in Switzerland, McGill University and the University of Toronto in Canada, and Rice University in the United States are joining the Consortium and will use the edX platform to deliver the next generation of online and blended courses. This international expansion enables edX to better achieve its mission of providing world-class courses to everyone, everywhere, and is the natural next step to continue serving the large international student body already using edX on a daily basis.
While MOOCs, or massive open online courses, have typically focused on offering a variety of online courses inexpensively or for free, edX's vision is much larger. EdX is building an open source educational platform and a network of the world's top universities to improve education both online and on campus while conducting research on how students learn. To date, edX has more than 700,000 individuals on its platform, who account for more than 900,000 course enrollments. The addition of these new higher education institutions stretching from North America to Europe to the Asia Pacific will double the number of X University Consortium members and add a rich variety of new courses to edX’s offerings:
  • The Australian National University, a celebrated place of intensive research, education and policy engagement, will provide a series ofANUx courses to the open source platform including Astrophysics taught by Nobel Laureate and Professor of Astrophysics Brian Schmidt and his colleague Dr. Paul Francis, and Engaging India, taught by Dr. McComas Taylor and Dr. Peter Friedlander.
  • Delft University of Technology, the largest and oldest technological university in the Netherlands, will provide a series of DelftX courses under Creative Commons license, including Introduction to Aerospace Engineering by Professor Jacco Hoekstra, Solar Energy by Dr. Arno Smets, and Water Treatment Engineering by Professor Jules van Lier.
  • École Polytechnique Fédérale de Lausanne, one of the most famous institutions of science and technology in Europe, will provide a series of EPFLx courses specially tailored to fit the edX format, originating from its five schools -- Engineering, Life Sciences, Informatics and Communication, Architecture and Basic Sciences.
  • McGill University, one of Canada's best-known institutions of higher learning and one of the leading universities in the world, will provide a series of McGillX courses in areas ranging from science and the humanities to public policy issues.
  • Rice University, in Houston, Texas, is consistently ranked among the nation's top 20 universities by U.S. News & World Report. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy. Rice's Smalley Institute for Nanoscale Science and Technology was the world’s first nanotechnology center when it opened in 1991. Rice will initially provide four RiceX courses and investigate ways to integrate its learning analytics tools from OpenStax Tutor to enable students and instructors to track their progress in real time.
  • University of Toronto, one of the most respected and influential institutions of higher education and advanced research in the world, will provide a series of TorontoX courses including Terrestrial Energy System by Professor Bryan Kanrey, Behavioral Economics by Professor Dilip Soman, The Logic of Business: Building Blocks for Organizational Design by Professor Mihnea Moldoveanu, and Bioinformatic Methods by Professor Nicholas Provart.
“We have had an international student community from the very beginning, and bringing these leading universities, from North America and Europe and the Asia Pacific into the edX organization will help us meet the tremendous demand we are experiencing,” said Anant Agarwal, President of edX. “Each of these schools was carefully selected for the distinct expertise they bring to our growing family of edX institutions. We remain committed to growing edX to meet the needs of the world while maintaining a superior learning experience for all.”
Courses offered by institutions on the edX platform provide the same rigor as on-campus classes but are designed to take advantage of the unique features and benefits of online learning environments, including game-like experiences, instant feedback and cutting-edge virtual laboratories. Through edX, the new X Universities will provide interactive education experiences for students around the world. All that is required of edX students is access to the Internet and a desire to learn. By breaking down the barriers of location and cost and enabling the global exchange of information and ideas, edX is changing the foundations of both teaching and learning.
The new member institutions will join founding universities MIT and Harvard, as well as the University of California, Berkeley, the University of Texas System, Wellesley College and Georgetown University in the X University Consortium. ANUx, DelftX, EPFLx, McGillX, RiceX and TorontoX will offer courses on edX beginning in late 2013. All of the courses will be hosted on edX’s open source platform at www.edx.org.

ABOUT EDX

EdX is a not-for-profit enterprise of its founding partners Harvard University   and the Massachusetts Institute of Technology   focused on transforming online and on-campus learning through groundbreaking methodologies, game-like experiences and cutting-edge research. EdX provides inspirational and transformative knowledge to students of all ages, social status, and income who form worldwide communities of learners. EdX uses its open source technology to transcend physical and social borders. We’re focused on people, not profit. EdX is based in Cambridge, Massachusetts in the USA.
Media Contact:
Dan O'Connell
oconnell@edx.org
(617) 480-6585

Wednesday, February 20, 2013

Put Police to work. 02-20


#humour  

An Old Jamaican man lived alone in the country. He wanted to dig his Yellow Yam and Sweet Potato Garden, but it was very hard work as the ground was hard.

His only son, Vincent, who used to help him, was in prison. The old man wrote a letter to his son and described his predicament:

Dear Vincent, I am feeling pretty badly because it looks like I won’t be able to plant my Yellow Yam and Sweet Potato Garden this year. I’m just getting too old to be digging up a garden plot. I know if you were here my troubles would be over. I know you would be happy to dig the plot for me….Love, Dad

A few days later he received a letter from his son:

"Dear Dad, Don’t dig up that garden. That’s where I buried the money."
Love, Vinnie

At 4 a.m. The next morning, FBI agents and local police arrived and dug up the entire area without finding any money. They apologized to the old man and left. That same day the old man received another letter from his son:

"Dear Dad, Go ahead and plant the Yams and Potatoes now. That’s the best I could do under the circumstances."

Fresh Stats On Social Networks: Pinterest Catches Up With Twitter, Digital Divide Shrinks 02-20


Fresh Stats On Social Networks: Pinterest 

Catches Up With Twitter, Digital Divide Shrinks


GREGORY FERENSTEIN




I  find statistics absolutely delicious. Pew research released fresh stats   on what slice of Americans are addicted to all of the various social networks as of December 2012. There are a few big business and cultural implications.
Pinterest has practically caught up with Twitter, with 15 percent and 16 percent of adult U.S. Internet users on each network, respectively. Pinterest, which launched in 2009, has experienced explosive growth, especially with a white, female and affluent user base. Women are five times more likely to use Pinterest (5 percent vs. 25 percent) and almost twice as likely to be white and college-educated. It’s become a magnet for hip urbanites searching for the hottest wedding gowns and apartment decor. Twitter, however, gets a lot more attention, since neither presidential campaigns nor Middle Eastern activists are leveraging style catalogs to rearrange their countries’ political leadership.
There is no longer a minority gap in social media use. The surveyed groups (whites, Hispanics, and African-Americans) hover around 68 percent of total adults. Almost twice as many African-Americans (26 percent) use Twitter as whites (14 percent). The disproportionate African-American use of Twitter has fascinated culture commentators and scholars. One study   found that African-Americans in celebrity news strongly predicted their Twitter use. Former web editor of the The Onion, Baratunde Thurston, hypothesized that “there’s a long oral dissing tradition in black communities,” explaining, “Twitter works very naturally with that call-and-response tradition — it’s so short, so economical, and you get an instant signal validating the quality of your contribution.”
Ironically, not using social media may be an elite thing. Those with a college degree are slightly less likely than those with some college to use social networks (69 percent vs. 65 percent). While the difference isn’t statistically significant, at least one study   verified the trend among educated users to ditch Facebook for moral, political or cultural reasons. “Many Facebook refusers actually revel in their difference from the mainstream, seeing it as a mark of distinction, superior taste, and identification with an elite social stratum,” said New York University Professor Laura Portwood-Stacer.
Hipsters find it too mainstream and others find their privacy policies troublesome. In other words, not using social media is likely a product of more education, not a lack of access.
The full totals for each social network. Sixty-seven percent of online adults say they use Facebook, 15 percent of online adults say they use Pinterest, 13 percent of online adults say they use Instagram, 6 percent of online adults say they use Tumblr, 16 percent of online adults say they use Twitter (and 20 percent of online adults say they use LinkedIn as of August 2012). Below is a full table summarizing the results of the survey:
statgraph