any comments?

A few words I have heard a lot in last few days and a lot means *a lot to write a friggin' blog*!! Here are a few and their definitions -

1. Moving up the value chain - Ok so you have a offshoring shop in India and you are happy that you are going to be minting money. Wait! Did I hear that this is 2006? Dude! Please change your strategy and do something other than just hiring s/w engrs and make them code like mad. Ok here is a *road map*, try to hire some people who are MBA, give them fundas about what your clients are doing, and next day don't feel shy to promote your techno-functional consultants. Now you are moving up the value chain!!

2. Supply and Demand - They are fine by themselves but when you attach the word IT to it they can pretty tricky. Your normal supply comes from your suppliers, but you IT supply comes from within. The normal demand comes from customers, but IT demand ALSO comes from within. WTF? That's the world that McKinsey has portrayed and projected for all those stupid people who wasted their lives on IT businesses. And if McKinsey says it, please don't waste time arguing.

3. OPM - Option Pricing Model, well they taught us how to price the ESOPs using Black Scholes. Then they said ESOPs are now out. They are expense, in Warren Buffet's lingo. So we thought well they are out, so we were happy (my colleagues in B-schools would agree that Black Scholes is as complicated as one could get to find out the value of stock options. I love ESOPs as much as I hate BS). VOILA!! The curtain raised, and I find myself again pondering over this BS for valuation of option embedded IT projects.. WTF??... What a waste of time for all these months!!

That will be all for now... I think MBA is becoming very dynamic. They should only teach basic things and leave the rest (incl grades) on us.. ;-)