A man can be as wise as Solomon and have an iron character and still be carried away. -Dostoyevsky
Lot of space and time has been taken by the Tiger Woods affairs. He had everything going for him. One of the greatest players of all time he could have anything he wanted.Even he could not resist the temptation.
His managers helped him to cover up the affairs till it blew up. They did not warn him that he would lose a lot if it was found out.Maybe they would have suffered fate of Persian messenger.
We can't blame sponsors. The entire advertising works on happy moments and association. When was the time you found advertising used any funeral?The sponsors immediately fled like mice from ship.
It is also cultural.It would not have created such ripples in Europe.Europe is more tolerant in these affairs than USA.Maybe he would have been icon in Italy who knows. Italian Premier Silvio Berlusconi is prime example.
I hope he comes clean from this and makes a fresh start.
Monday, December 21, 2009
Monday, December 07, 2009
Tuesday, November 24, 2009
Structuring the incentives
When I got my house decorated, refurnished got lot of work done through artisans, contractors. So there is always confusion about the payment and quality of work. I am not expert on decorating matters. So not getting quality work done despite payment is always at the back of my mind. I have to design the payment in such a way to protect my interest.
If I pay on daily basis then work could be unnecessarily delayed. If I give work on consolidated basis then they would finish soon taking up another work. In this hurry the quality would suffer. Certain work requires definite time e.g. curing of concrete etc. I would know the quality only after certain time. But then it would be too late.
So the incentives/payments have to be structured keeping my & contractors interest in mind. How do you balance the interest and working of various committees, commissions? The head of commission gets various facilities at prime locations-good house in city like Delhi,Mumbai- staff,travel facilities. The expenses are paid by government ultimately people.The commission would try to extend the tenure.
If the commission is having sort of technical nature like finding the mishap at bridge,train accident then the terms are rather clear. The terms can be precise. But when the commission is required to find a concept, ideas like truth reconciliation then it becomes quite important to structure the incentives.
Although a commission is faceless entity it consists of humans. It would have follies of human nature. So the probability of extension in committees-commissions enquiring concepts is more. This can be deliberate by the commission.
The other times committee is appointed to keep the matter hot and prolong the benefits. This is suitable for party appointing the committee. So when the interest of committee and party are aligned then the chances of extension of committee are definite.
So the tenure for committees should be kept in mind with all the above.It is not hard to see why the extensions are granted to various committees and commissions. We can counter the self interests of commissions and make them work.
If I pay on daily basis then work could be unnecessarily delayed. If I give work on consolidated basis then they would finish soon taking up another work. In this hurry the quality would suffer. Certain work requires definite time e.g. curing of concrete etc. I would know the quality only after certain time. But then it would be too late.
So the incentives/payments have to be structured keeping my & contractors interest in mind. How do you balance the interest and working of various committees, commissions? The head of commission gets various facilities at prime locations-good house in city like Delhi,Mumbai- staff,travel facilities. The expenses are paid by government ultimately people.The commission would try to extend the tenure.
If the commission is having sort of technical nature like finding the mishap at bridge,train accident then the terms are rather clear. The terms can be precise. But when the commission is required to find a concept, ideas like truth reconciliation then it becomes quite important to structure the incentives.
Although a commission is faceless entity it consists of humans. It would have follies of human nature. So the probability of extension in committees-commissions enquiring concepts is more. This can be deliberate by the commission.
The other times committee is appointed to keep the matter hot and prolong the benefits. This is suitable for party appointing the committee. So when the interest of committee and party are aligned then the chances of extension of committee are definite.
So the tenure for committees should be kept in mind with all the above.It is not hard to see why the extensions are granted to various committees and commissions. We can counter the self interests of commissions and make them work.
Wednesday, November 11, 2009
Parole criteria
While everyone is discussing about Manu Sharma getting undue favour and system should be changed, I prefer to focus more on other parole matters.
The discussion should be more towards discussing the following points.
What is the percentage of people getting parole compared to applications?
What is the percentage of people getting parole after certain years-5 years or similar criteria?
What is the percentage of people violating parole?
If compared to the above criteria Manu Sharma got better deal then the case should be looked thoroughly.
Some people are going to misuse the facility. Even when we vaccinate people it is not going to be 100% effective in 100% cases. But majority almost 99.99% of people get protection. Similarly if parole is more useful than its disadvantages it should be continued. It is good facility provided for the convicts.
The discussion should be more towards discussing the following points.
What is the percentage of people getting parole compared to applications?
What is the percentage of people getting parole after certain years-5 years or similar criteria?
What is the percentage of people violating parole?
If compared to the above criteria Manu Sharma got better deal then the case should be looked thoroughly.
Some people are going to misuse the facility. Even when we vaccinate people it is not going to be 100% effective in 100% cases. But majority almost 99.99% of people get protection. Similarly if parole is more useful than its disadvantages it should be continued. It is good facility provided for the convicts.
Friday, November 06, 2009
Intelligence at Deoband
Our Home Minister P.Chidambaram denied the knowledge of Fatwa against Vande Mataram at Deoband by JUH conference.
I totally agree that the Fatwa or resolution was passed when he was not present. The home department intelligence can’t even get the proposed Fatwa in advance. So no wonder we can’t get any credible intelligence of terrorist attacks.
We are all sitting ducks with such intelligence. Maybe the intelligence was snooping on opposition parties and rival groups within Congress party.
I totally agree that the Fatwa or resolution was passed when he was not present. The home department intelligence can’t even get the proposed Fatwa in advance. So no wonder we can’t get any credible intelligence of terrorist attacks.
We are all sitting ducks with such intelligence. Maybe the intelligence was snooping on opposition parties and rival groups within Congress party.
Sunday, November 01, 2009
Satya Sai Baba as Chief of US team for Afganistan
We can solve all the problems in Maharashtra now. We have great Satya Sai Baba visiting Mumbai as guest of Chief Minister Ashok Chavan.
Since Satya Sai Baba is so powerful so lets give him responsibility. So we would have all problems solved like malnutrition, power shortage. Hail to satya sai baba.
I am looking forward to days when he takes over the reins of Maharshtra. Since George Bush is in India maybe he can take some tips from Satya Sai baba to resolve afghan, Palestine crisis.Better if he makes him Chief of staff for resolving afghan crisis.
Since Satya Sai Baba is so powerful so lets give him responsibility. So we would have all problems solved like malnutrition, power shortage. Hail to satya sai baba.
I am looking forward to days when he takes over the reins of Maharshtra. Since George Bush is in India maybe he can take some tips from Satya Sai baba to resolve afghan, Palestine crisis.Better if he makes him Chief of staff for resolving afghan crisis.
Saturday, October 31, 2009
Comparing raging fire in Jaipur with California wildfires
Jaipur oil depot fire is burning. It is very unfortunate. Our petroleum minister Murli Deora in his incomprehensible mutter remarked that even California had fire raging for 6 days.
If Indian government can provide living standard as good as California then he should compare the raging fire in California, else better to shut up. The other MPs and Ministers are atleast good in speeches although the work is still not done. But Murli Deora even cant make a decent speech. I can only put him ahead of invisible Minister Azagiri. The most important work Murli Deora has done is bringing money for party funds. Who cares about performance of ministry when you fill coffers for party?
So he would still be there commenting on California and hiding his pathetic performance.
If Indian government can provide living standard as good as California then he should compare the raging fire in California, else better to shut up. The other MPs and Ministers are atleast good in speeches although the work is still not done. But Murli Deora even cant make a decent speech. I can only put him ahead of invisible Minister Azagiri. The most important work Murli Deora has done is bringing money for party funds. Who cares about performance of ministry when you fill coffers for party?
So he would still be there commenting on California and hiding his pathetic performance.
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