LEC01

Dr.Mandi sir’s lecture of Principles of Management began with Pink Floyd’s song ‘Another brick in the wall’. As the lyric of the song has ‘we don’t need no thought control’, the lecture made our thoughts to fly, explore and be very free.

I was made to realize that though many things or services can be made or be availed by few people or even by a single person; the organization comes into picture when Scale production and speed is needed. To run the organization in an Excellent manner, the Effectiveness and the Efficiency of the system, process and work flow needs to be optimized. Examples of excellence that came to my mind were Darwin’s theory ‘Survival of the Fittest’, Windows by Microsoft, iPhone by Apple, etc.

The tower building exercise gave me the insights of an organization’s Goal setting such as achievable target, Set target and Potential target. Also things like people giving their opinions, making a judgement and having negative mindset was seen (Inspite of increasing people to two and making the constructing person blindfolded made almost everyone to reduce their expectation rather than not taking into consideration that extra manpower as a resource is provided).The exercise reminded me of my work ex where we had the system in place which allows to delegate the responsibilities of an engineer(client side) to be given to third party engineers by training them and having appropriate monitoring parameters.

Some of the educational toys which were sell during Mandi were shown to us. The physics model which showed law of conservation of Momentum and the mathematical model, the  cube, which showed us clearly the understanding of (a+b)^2 i.e area and (a+b)^3 i.e. volume was really amazing. ‘Danda’ and ‘Opportunity Cost’ would be the thing that I would be remembering for a very long time.