LinkedIn-Microsoft deal- In Short

Alphabet, Oracle, IBM and Salesforce also tried to acquire LinkedIn but finally Microsoft grabbed the deal at $26.2 Bn. It is absolutely essential to have alignment on two things in any M&A: Purpose and structure. On the former, virtually Microsoft and LinkedIn had identical mission statements. For LinkedIn, it was to connect the world’s professionals to make them more productive and successful, and for Microsoft it was to empower every individual and organization in the world to achieve more. Both are trying to do the same thing but coming at it from two different places: For LinkedIn, it’s the professional network, and for Microsoft, the professional cloud. 

Reasons- Technological & Strategic Advantage

The data Microsoft is going to get from LinkedIn can be used for interviews, reference, etc. Integration of services like HRMS, Skype, MS office will enable Microsoft to give unparalleled offerings. In words of Satya Nadella,“This combination will make it possible for new experiences such as a LinkedIn newsfeed that serves up articles based on the project you are working on and Office suggesting an expert to connect with via LinkedIn to help with a task you’re trying to complete”. Microsoft could also enter into bridging gap between job requirements and job seekers by using Lynda.com, recent acquisition of LinkedIn. Talent acquisition business of LinkedIn is strong and it is penetrated only 20% into large organizations. This human capital area is a massive business opportunity and an entirely new one for Microsoft. Marketing and Premium solutions have strong growth opportunities. This gives Microsoft a big technological and strategic advantage. At the same time it is boon for investors of LinkedIn because of company’s growth was slow in last year.

Competition with Facebook and Salesforce.com

Microsoft has dominated the work productivity software market for 30 years. With the acquisition of LinkedIn, the company is looking to add the missing “social angle” to its products. Currently Facebook at work or Enterprise Social Network (ESN) is in beta mode and being used by 450 companies. The social media giant plans to reach out to global working population of three billion. The combination of Microsoft’s work productivity tools with LinkedIn’s professional network could prove to be a tough competitor for Facebook@Work.

LinkedIn gathers detailed information about its users, including their employment history, education and whom they know. These data could prove valuable to Microsoft as it attempts to build offerings for managing relationships with customers and to compete with Salesforce, a firm it tried to buy last year. This deal enhances Microsoft’s transition from a desktop software firm to a cloud computing services provider.

Concerns of Financial Analysts

Though Satya Nadella has been more aggressive about acquisitions than Steve Balmer, industry experts have expressed some concerns about this deal. In February LinkedIn’s share price sank by more than 40% in a day, shedding $11 billion from its market value, after the firm reported that forecasts of revenues for 2016 were lower than expected. LinkedIn had also revealed that it made a net loss of around $165m in 2015, despite revenues of $3 billion, in large part because of excessive stock-based compensation.

History and Operational Challenges

In most of the M&A it is more important to see what company does with M&A rather than which company is being bought. Records of Microsoft with such big deals are poor. Buying aQuantive ($ 6.3 Bn, 2007), Skype ($ 8.5 Bn, 2011) and Nokia’s handset business ($ 7.6 Bn, 2014) didn’t go well. Satya Nadella wants to keep LinkedIn as a separate company might be because he has seen negative side of integrating big companies.

Post Merger Integration and Culture

As per Peter Cohan integration is one of the important tests for successful acquisition. After this deal Jeff Weiner will remain LinkedIn’s CEO and report to Microsoft CEO, Satya Nadella, and join the Senior Leadership Team but there could be a culture clash between the younger LinkedIn thinking and the mature Microsoft way of doing things. In near term there will be no changes in who reports to whom so no reporting relationships at Microsoft will change in that regard. LinkedIn team is expected to focus on driving results while simultaneously partnering on product integration plans with the Office 365 and Dynamics teams. Jeff Weiner in his article ‘changing way world works’ writes, “employees will have the same title, the same manager, and the same role they currently have, the company will have the same mission and vision; same culture and values”. A lot of academic research shows that the odds of making an acquisition work are not high; it will be interesting to see what happens in this deal.

(Sources- article of Jeff Weiner, people matters, Economist, Business Insider, Forbes & ET)

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Charles Correa

Charles Correa 1

Mukesh Bhavsar on Charles Correa

Charles Correa 2

Mukesh Bhavsar on Charles Correa

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How to crack TISSNET?

TISS (Tata Institute of Social Sciences) has earned recognition as an institution of repute from different Companies, Ministries of the Government of India and various State Governments, as well as international agencies such as the United Nations, and the non-government sector, both national and international. The Master’s degree program in Human Resource Management offered at the TISS (now at Hyderabad also) remains one of the most sought after and prestigious programs in the field of HR in India.

As a student of HRM, I take the opportunity to make TISSNET preparation simple for you which will be beneficial to applicants of almost all courses :-).TISS_Logo The selection of candidates for different programmes happens in two stages and has three components of assessment. All candidates appear for the National entrance test (TISSNET). Based on the performance in the TISSNET examination, only short listed candidates are called for the Pre Interview Test (PIT). In this post I’ll focus only on entrance exam i.e. TISSNET. Difficulty level is not that great as TISS wants students with no exposure to have the equal chance too (but this results in very high cut-offs). Typically aspirants have to attempt 100 questions in 100 minutes. From last few years there is no negative marking and three sections are there-

1. English Proficiency (30 questions)– This section has RC passages with most questions being direct. Besides RC, logical arrangement of paragraphs, vocabulary based fill-in-the-blanks, analogies, sentence correction, essence/summary of a paragraph are the kind of questions that have traditionally appeared in this section. Keep daily habit of reading something related to different fields. E.g. Education, Politics, Biology, Economy, History, etc. Identify the crux of the passage, mark important words and refer dictionary for unknown words. Try to improve reading speed. You can go through other sites which will give you break up of questions according to different category. But searching/reading too much info isn’t that useful, just keep in mind these inputs and FOCUS ON STUDY!

2. Maths and logical reasoning (35 questions)– Practice commonly asked topics like Venn Diagrams, Ratios and Proportions, time and work, quadrilaterals, numbers, averages, profit and loss, mathematical series, percentage, permutation and combination, DI, visual reasoning, etc. Refer RS Agarwal or any other notes with average difficulty level. Calculation speed is the key! Learn tables, squares, cubes, fractions, etc. You can expect 5-7 difficult questions in this section.

3. Most important- General Awareness (30 questions)- This is where many of the top percentile getters of other exams fail! Forget TISS if you don’t improve your GK! TISS really wants to have different blood in the institution and they make it sure through this section. Earlier the questions used to be predominantly from the field of Social Sciences only while they cover concepts from a wider range of topics now but there is a common trend in the kind of questions being asked. I hope they don’t change the pattern after reading this blog ;-).

From last few years around 15-20 questions are being asked on Static GK– longest-biggest-highest type questions, states-dances, arts, culture, books & authors, laws and rights, constitution of India and recent amendments, important organizations (founding years, HO locations, heads), government schemes, etc. Also go through basics of history, geography, science and economics.

Remaining 10-15 questions are based on news from last 8-10 months (Current GK)- Recent Mergers & Acquisitions, obituaries, socio-political appointments, sport persons, important sports/events/tournaments and their slogan-logo-locations, budget, elections, awards, etc. After reading this you might think it is too much to go through all this but believe me it is important and helps a lot during ANY interview. You just need to keep making note of anything relevant you read in a smart way. E.g. create separate word files for above topics and keep adding information regularly. For other GK topics just Google- list of M&A/ obituaries/ Sport events, etc in the year so and so…

Take as many mocks as you can, solve old TISSNET papers, it will boost your confidence. Don’t be overconfident because of easy nature of paper. Don’t search/ask for cut-off! Your target should be terribly score high! Practice will give you understanding of the required speed, strong and weak areas. Keep reading newspapers like Indian Express/TOI and ET. Keep adding one liner news in your word file, Google around those news to memorize important info. Daily reading will help you in getting comfortable with social issues, forming opinions, changes in laws, HR and other development related news. This helps in GK section as well as PIT because you get just a month to prepare for PIT and you have lot to read! (and interviews of other B-schools in between).

For question papers, GK and PIT related  material visit- https://howtocracktiss.wordpress.com

For official info- http://www.tiss.edu/

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लेझीम खेळणारी पोरं (Lejhim Khelnari Pora- Marathi Play review)

Lejhim Khelnari Pora review

Mukesh Bhavsar on Lejhim Khelnari Pora (review)

Lejhim Khelnari Pora_Mukesh Bhavsar 2

Mukesh Bhavsar on Lejhim Khelnari Pora (review)

Director and Set Designer: Abhijeet Zunjarrao (Contact-abhijeet.zunjarrao@rediffmail.com)

Writer: Sanjay Krushnaji Patil

Cast: Neha Ashtaputre, Durgesh Budhkar, Rahul Shirsat, Ketan Fad, Roshan More, Sonali Magar, Babu Aavade, Darshana Rasaal and Shreyas Meshram

Music– Viraj Zunjarrao Lights– Jaydeep Apte

Presented By Abhinay, Kalyan

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Education… Career and Happiness…

Did I want to be a civil engineer? Of course not… I wanted to be a superman…! Wanted to join army and protect my beloved country. But then things don’t always happen the way we dream… do they? Ok… From the very first day I was told that I had to concentrate and focus and work hard and understand and do all of this at the same time… After all my name is just Mukesh with no Ambani at the back! So I would go to the class daily filled with all types of people and try to do all these things together… I would end up staring at the teacher with an expression of constipation. They sure would remember me… my ways have been weird. I used to say there is difference between education and learning… and they used to laugh at me… But I felt pity for them for not understanding the essence of education… Sometimes I tried to tell them if students are not paying attention in class the teachers are equally responsible for failing to create interest in students! I would tell my boring teachers that I might bunk few lectures and just meet the norm of 75% attendance… Instead of looking at my honesty and reflect on the quality of education they have provided, they would tag me as a rude student and unofficially give me less Marks in the internal assessments… Because they were gurus! They used to do their job to ‘deliver’ lectures… But those long painful hours while drawing sheets and writing assignments made me cry. Took precious fun and learning away from those intellectual books, talks, seminars, music shows and everything I used to do…

“Do you have a girlfriend? Are you virgin?” many people tend to ask me in Mumbai… Never ask such questions… I didn’t even made good friends in those ‘5 years’ of engineering! Not even from my class mates! There were exams…. Fat books… hundreds of concepts… thousands of numerical and speculation by those who had the power to speculate… “Is baar ye pakka aayega 15 marks ke liye” 🙂 The look that everybody had just before the exam… Cannot be expressed in words… A day before the results… Nobody would utter a word that could upset another living soul… they told me god is watching… even though I don’t know now even if he exists or not… Not only was it important to pass… it was important for everybody to pass… Somebody would still fail… but why its me all the time??

My teacher asked me once- Mukesh what will you do in life? What do you want to become? I said,” ma’am, I want to be a good human. I want to follow my interests. Pet ke liye kuch na kuch dhang ka to kar hi lunga!” and I did, for next three years I worked with some of the best organizations experimenting in education, even got a chance to work as a teaching assistant in Manchester University..!

But there is this invention called money… and you are expected to earn it and forget that money is for you… You are not for money! Then there was office… No offence intended… a labour knows work better than any (fresher) engineer on site… I went there clueless… Then the boss would ask us to do something that even he fails to understand and even though you know nothing about what’s going on in this world you still do it..! Perfectly sometimes. I didn’t give a damn what amount of money I earn… Every month the company kept putting money in my bank account… I was interested in learning… I experimented with life… I had tough time… Many left… some new joined… I was interested in low cost housing and bamboo… but who else? Everybody wanted to build towers in cities… For the sake of building CV I was also on the so called ‘World’s tallest residential project’. For the luxury known to only those who have money!

Everything could go wrong… Never did… I did not come here to make friends…  Or to please people… But things don’t happen the way we say… do they… I made many friends…. I fell in love… she left… I gathered my bits and pieces and started walking again… And I met few good people again… I sing with Avril ‘if you wanna bring me down.. Go ahead and try. Go ahead and try!’

Even now many of my friends are married… My Facebook Wall keeps showing where did they go for honeymoon and what type of car they bought… But it doesn’t speak about the heavy loan they have on their head! And here I am still looking for something real and meaningful in life… Then in 2015 I joined a management program of my choice in the institute I loved a lot… After fighting alot with situation and parents! But things remained the same! Did I ever grow up? Did I really learn anything because of these top engineering and masters degrees? What did I get, what did I loose? You have chosen the other, so called safe path… Tell me are you happy my friend?

It’s complicated!!

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Love…

It starts with platonic love, it’s love beyond physical attachment, the existence of love despite impossibilities and challenges. The type of love Plato seems to have admired most was that in which one man loved another because of his intelligence or virtue, rather than because of his physical attractions- a love of the idea of beauty more than the physical appearance, and a love of a person is a lesser love to that of absolute beauty, the ideal form.

‘I love you’ means that I accept you for the person that you are, and that I do not wish to change you into someone else… It means that I will love you and stand by you even through the worst of times!

Even Marilyn Monroe says- ” I’m selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can’t handle me at my worst, then you sure as hell don’t deserve me at my best!”

Love means loving you when you’re in a bad mood or too tired to do things I want to do. It means loving you when you’re down, not just when you’re fun to be with. I love you means that I know your deepest secrets and do not judge you for them, asking in return only that you do not judge me for mine. It means that I care enough to fight for what we have and that I love you enough not to let go. It means thinking of you, dreaming of you, wanting and needing you constantly, hoping you feel the same way for me… but not losing focus on our self… Our own dreams…When I say I love you, I mean to say you’re always there… there to catch me when I fall… there to listen when I need you, there when I feel alone. I love you because you understand me… you know how I feel even when I can’t say it… you know I’m not as strong as I say and still you never let me know that I’m not fooling you. I love you because you make me believe, believe that I am not worthless… You make me believe that I can make difference! believe that I can be loved, am loved, and can love others. I love you because you know, you know I feel this way but can’t say it and still you wait… letting me take my time to come to terms with the fact that I love you… would give my life up to be with you… and above all… never hurt you… lie to you… deceive you… or leave you. All of the above applies to you as well.

Now I hope you understand…

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सरकार

लोकांच सरकार नावाचं रसायन

भलतंच बुवा अजब असतं!

गरिबाला झोपडी नसताना यात

राजकारण्यांच महल असतं!

जातीधार्मातला सरकार मिटवू पाहत भेद,

कास्ट सर्टिफिकेटच त्याला भलमोठ छेद!

anti corruption मोहिमेतही होत इथे करप्शन,

काळ्याचे ‘पांढरे’ करण्याचे बरेच सरकारी ऑप्शन!

अंगात खादी, डोक्यावर गांधी टोपी

लोकात मिरवायची पद्धत साधी सोपी!

मध्यमवर्गीयालाच राहिलंय खाकीचा धाक

मदमस्त हत्तींवर ‘पंजाचा’ हात!

उगीचच हा त्रास का आपण सोसतोय?

अश्यांना निवडून आज पस्तावतोय!

असं हे इथे कधीपर्यंत चालायचं?

‘सत्यमेव जयते’ला असत्यानं ‘राम राम’ ठोकायच?

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