Friday, February 28, 2014
26th of February 2014 witnessed a unique teaching-learning experience while the eager learner of Financial Institution & Services of Diploma level and Banking Theory & Practice students of Advanced Diploma level embarked on a industry visit to the prestigious Central Bank of Oman(CBO). Industry visits have often been used as an effective teaching-learning tool, however, its effectiveness increases manifold if its properly planned in line with the theory taught in the four-walls of the classroom, not to forget the ability of the lecturer/trainer-industry professional combine to relate the presentation or learning derived precisely in consonance with the level of the learner. The amazing ability of the professionals from different departments of the CBO to reach out to the learner's level, in terms of simplicity, conceptual clarity and diving home the practical understanding of the theoretical learning imbibed while pursuing the academic program, made it a wonderful experience for all concerned. It was evident from the level of interactivity displayed by the listeners. The planned assignment in line with the industry visit just before the onset of the tour acted as the right motivator for the learner to prepare well, along with their spadework, not to forget the need to pay attention to every minute details being discussed. The post visit submission in the form of an individual report having due weightage, contributed towards the overall performance matrix of the learner. The biggest takeaways from this industry visit has been the following-
(1)The importance to plan the right topic at the right time
(2)The need for the industry professionals to reach out to the learner in terms of their understanding
(3)The importance of adequate spadework so as to make the learner prepare actively in the discussion
(4)The ideal motivator to participate with an open mind is decided with the fixation of the right kind of post visit submission and evaluation with due weightage
(5)Hearing from the horses mouth, i.e. the practical insights from the professional Central Bankers or industry chieftains
(6)Visit to the currency museum enabled the understanding of the evolution of currency from the historical perspective
(7)Last, but not the least the cooperation from the institution, the department as well the industry involved in the Industry visit based teaching-learning
Special thanks to CBO and the presenters, heartfelt gratitude to Mr. Mohd. Riyaz, OJT Coordinator, Business Studies Department, Business Studies Department Administration, College Administration of ICT, Ms. Marie Grace for facilitating the visit, along with yours truly and lastly the keen learner comprising of the students of Financial Institution & Services, and Banking Theory & Practice for their active partcipation.
Tuesday, February 4, 2014
Satya Nadella is Microsoft's next CEO, Bill Gates his wingman
Javed AnwerJaved Anwer,TNN | Feb 4, 2014, 07.41 PM IST
NEW DELHI: Over five months after Steve Ballmer announced that he would step down, Microsoft named India-born Satya Nadella as its new CEO on Tuesday. In an accompanying move, the company also announced that its would step down from his ceremonial post of board chairman to "devote more time to the company" and to support "Nadella in shaping technology and product direction."
This is particularly interesting because with this move, is not only trying to empower to carry out his vision -- he has backing of Gates -- but is also hoping to assuage fears over his lack of experience in consumer space. The idea seems to be that Nadella will take care of the enterprise side of the business, which makes most of the money for Microsoft, while Gates can pitch in with inputs on consumer-related products like the Windows Phone where Microsoft is faltering.
Though Nadella was discussed as of since Ballmer's announcement to retire, rumours were that Microsoft was looking for an external candidate and not internal because it wanted a fresh approach to its business. But in the end it turned out that Microsoft board decided to play it safe and handed the reins of the company to a man who has been with the software giant for the last 22 years and who knows the company inside out.
"Microsoft is one of those rare companies to have truly revolutionized the world through technology, and I couldn't be more honored to have been chosen to lead the company," said Nadella. "The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly."
"During this time of transformation, there is no better person to lead Microsoft than Satya Nadella," said Bill Gates, Microsoft's founder and member of the board of directors. "Satya is a proven leader with hardcore engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth."
"Having worked with him for more than 20 years, I know that Satya is the right leader at the right time for Microsoft," said Ballmer.
Nadella was earlier heading the company's cloud and enterprise business. While in his earlier responsibility he looked after a division that had $19 billion annual revenue, the post of Microsoft CEO is a big step up for him. The company generates around $78 billion revenue in a year and is currently facing a number of challenges in the market where Apple and Google have emerged more exciting and innovating technology companies.
Nadella completed his engineering degree from Manipal University before heading to the US for higher studies. He joined Microsoft in 1992.
The new chairman at Microsoft will be John Thompson, who led the search for the new SEO.
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