RE: [MTC Global] Relevance of Higher Education

On the same issue here is a persepective of young Americans. Take a look.
 
When It Comes to Getting a Job, Americans Believe Skills Trump College

http://www.theatlantic.com/business/archive/2015/06/millennials-skills-college-career-success/395996/

  Kuldeep Nagi, PhD

Bangkok, Thailand
66-846374466


 

Date: Sat, 27 Jun 2015 11:24:38 +0000
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] Relevance of Higher Education
From: kdparanjpe@rediffmail.com

Dear Sir, A great quote. The competency of a person to distinguish people between those
who speak right from those who advocate wrong and those who speak truth from those who
speak falsehoods is the hallmark of a good leader and a seasoned businessman. This is
not taught in any B-school nor will ever be taught, but has to be acquired nevertheless.
Best Regards,
K.Paranjpe

On Sat, 27 Jun 2015 10:30:11 +0530 "Virendra Goel" wrote
> A journalist once had asked me what gives you right to lead your company except your
money when you are not qualified in any technical or management field.  I said I have
developed the competency to evaluate the words of the people working for me to
differentiate between right and wrong and between true and false.RegardsVirendra
GoelFrom: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of
kiran paranjpe
Sent: Friday, June 26, 2015 9:29 PM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] Relevance of Higher EducationDear Sir, The topic is very
interesting.I agree with Dr Gauri, that while education is
essential for all, higher education is not required by all.

Actually speaking a minimum of High school education if pursued diligently is sufficient
for a person to begin work and learn on his own. Such a person if clever can become a
successful businessman.

In the olden days, life was simple. There were few laws to follow and few people to
satisfy ( the stakeholders). Now life is complex. One has to know and master many things
that are part and parcel of any business. This requires an advanced level of knowledge
and skills. It is here that higher education becomes relevant.

In the end, the big businesses will edge out the smaller ones. All this requires
thinking big, promising big, delivering big and spending big. It means thinking and
doing things that are big. It is true, that dreaming big is not the monopoly of the
highly educated but to achieve big all kinds of highly trained and knowledgeable
professionals are required.

So for every successful entrepreneur educated or not, there are many educated people
contributing to his business.

Is it surprising that the owner entrepreneur is not highly educated but the people
working for him are! What should one choose?. It is left to the individual what he wants
to do in his life.
Best regards,
K.Paranjpe





On Fri, 26 Jun 2015 07:40:44 +0530 Nirmal Kumar Valecha wrote
>Its all known. The less educated only learns the trade or sales across the counter and
in very exceptional cases sales through offices. But time comes when they fail to expand
and adopt new concepts of sale. Or they land into huge losses. Its very rosy on the face
and in few minuits of conversation. Peep into their personal lives. They slog. They do
not know how to enjoy life. Their families are totally unorganized.
I am s Sindhi. Our community is less educated bit good at sales and making money. But
their businesses are mismanaged. The boys leave the schools and colleges and join family
business at a very early budding age. In sales no body can beat them because they have
learnt tricks of the trade early in their life. But other part of their lives is just
hell.

Education has different charm doing business in the same stream.
On 25-Jun-2015 8:10 PM, "Usha Gowri" wrote:@VishwasIt is true
higher education shouldn';t and isn';t for everybody.The society requires people
educated at various levels for various professionsWe cant pose the need for 5 and more
years of education for a doctor or an engineer.( by the way we should do this for
teacher education so the value of a teacher goes up)Our system unfortunately is like a
continuum-school-PU-graduate-PG-doctoral/MBA and thus we commit two maybe three crimes
:one precious national resources are being wastedtwo we mass produce when there is no
demand and many other areas of work are suffering because we teach a false sense of
prestige and arrogancethird-we give false hopesUnless we have the courage to fight eh
system and set it right,putting aside our non working socialism ,we just have to live
with this anomaly.GPresident, CORE
Foundationwww.corefoundation.orgPresident,ChilumeMentor—MTC Global Student Chapter
https://www.facebook.com/TheChubbyUnicorn/app_117784394919914

You';re never given a dream without also being given the power to make it true.~Richard
Bach

"The world is full of abundance and opportunity, but far too many people come to the
fountain of life with a sieve instead of a tank car... a teaspoon instead of a steam
shovel. They expect little and as a result they get little." ~ Ben Sweetland




On Thu, Jun 25, 2015 at 6:10 PM, Ramesh Babu wrote:
Kudos to Prof Gupta. Good field work. You should have also enquired about their business
model. Most Rajasthani or Marwari shop keepers maintain very small overheads. They
source materials from known sources, mostly relatives at unbelievable prices and they
don';t mind hood winking the law and risk illegal actions as long as they get profits.
Some 20 years back, I had a similar chat with a shop keeper in Secunderabad. I just
asked him how he maintains his account and the state of goods in his shop. He said that
they have their own system of accounting which they learn from their elders. For
taxation purposes they employ a part time accountant to create fictitious books to show
no profit and avoid taxes. One has to be thick skinned to follow such a model.



Indian education system - less said, better it is; a system which is bereft of ethics,
morality, knowledge and everything else.



On Thu, 25 Jun 2015 09:54:47 +0530 Vishwas Gupta wrote

>CHICKPET is known the business hub of Bangalore City with more than 1000 shops in the
locality. This place is always crowed as people throng to buy clothes, furnitures, toys
etc. at a wholesale price.



Yesterday, I had been there as part of my educational research to talk to few shop
keepers to understand how they do business and what education has to do to them with
regards to their business. During my interaction with many shop keepers in Chickpet, I
found that, most of them were from Rajasthan. One more interesting thing that I found
was that most of them were in their teenage ( 18, 19, 20, 21 ).

Out of all, meeting a young 10th std dropout who runs a clothes shop was very
interesting. His name is Bramhadev from Rajasthan. I thought of sharing few our
discussions here.



As I went into the crowded shop as a customer, he greeted me with a great smile calling
"Anna banni, en bekithu". (Meaning: Brother, what do you want)



(The conversation was in Kannada. I have translated it below)

Myself: I wanted to check for some nice shirt and pant piece.

Bramhadev: Tell me sir, what is the range you are looking at ?

Myself: You first show me all the clothes, let me choose out of those.



Bramhadev: Sure sir and started showing me all his collections. (Meanwhile during the
selection time, I thought of asking him few questions, which was my only intention)

Myself: How did you learn Kannada ?



Bramhadev: Sir, obviously by talking to people.



Myself: But, your Kannada is very fluent !



Bramhadev: Sir, initially, I found it difficult, but, when I continued speaking to
customers, I learnt it on the fly. Now, I speak better than Bangalore Kanndigas. (
Laughing loud )



Myself: Superb. When did you start this business ? Bramhadev: Its almost 10 years now. I
started it when I failed in my 10th. My uncle got me into this business.



Myself: How many languages can you speak ?



Brahmadev: I can speak, Hindi, English, Kannada, Marathi, Tamil, Telugu, Malayalam(To an
extent).



Myself: Oh my God ! How did you learn so many ? Brahmadev: I told you sir, Customers
taught me (Laughs again)



Myself: Sorry to ask you, but still out of curiosity, I just wanted to know what would
be your monthly turnover ?

Brahmadev: Ummmm, it depends on the festival season. Normally, the turnover would be
around 8 - 9 lakhs per month, and during festivals it will shoot up to 15 lakhs. Profit
upto Rs. 4 lakh per month.

Myself: What ? Oh my God ! Thats a super number ! Great man !



Brahmadev: What great sir ? In Chickpet, this is very very less. Others make double than
what I do.



Myself: Didn';;t you feel like completing your education by studying further ?



Brahmadev: Sir, to be honest, none of our family members completed education. To
complete my education it might take another 5 - 6 years which I feel is a big waste of
time and money. I invested both in my business. Today, I will challenge none of the
educated person with 10 years experience will earn as much as I do. What do you say sir
?

Myself: Hmmm....Yes. True. But still education would have helped you grow more than what
you are earning today.

Brahmadev: Seriously No sir. Education would give us fear and make us feel that, one has
to work under someone to earn their livelihood. Education does not teach us to live
independently. I also have many friends who studied along with me and completed
graduation. None are into business. Almost all are working in some private firm.

Myself: Hmmmm....So you don';;t regret completing education ?

Bramhadev: Definitley No sir. I am very happy. (In between our conversation, another
customer had purchased around 20 pairs of shirt and pant, and few sarees. Without using
a calculator Bramhadev calculated the total cost of the purchase and told the customer
the total cost including 10% discount in just 15 - 20 seconds. )

Myself: Boss, you don';;t even use calculator ?



Bramhadev: Sir, educated people need calculator and mobile phones to calculate. Not me (
Laughs aloud ).

Myself: Started smiling and put my head down (because I was using calculator to
calculate the cost of my purchase. LOL.)

Bramhadev: I continuously practiced calculating. I am doing this since 10 years and I
have become perfect. I am sure, I will never err in my calculation. After this, I made a
purchase and the next whole day, I was thinking about our conversation again and again.
I would like to infer what I learnt.



1. Without higher education, Bramhadev is not jobless. Where as our today';;s graduates
with distinction are still in search of a job.

2. Without higher education, Bramhadev has good communication skills. But, today';;s
corporate world complains about our graduates for having no communication skills.

3. Without higher education, Bramhadev earns in lakhs, where as our current generation
graduates complains of not having enough salary to pay their EMIs.

4. Without higher education, Bramhadev';;s mathematical mind works faster than today';;s
graduates who has cleared different levels of mathematics papers with high scores.
Today';;s graduates needs Mobile Phones to perform simple calculation.

5. Without higher education, Bramhadev has no fear of losing his job, but today';;s
graduate employees are always fear of getting fired from the company they are working
in.



Now, my question in mind is

"HOW DOES HIGHER EDUCATION HELP ONESELF ? DOES STUDYING MORE BRINGS MORE FEAR IN AN
INDIVIDUAL ?







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Regards,



Col NPR Babu(Retd)
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