One Year stand with ISB

This Blog aims to capture my affair with ISB and beyond.

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Location: Hyderabad, India

I promise not to make this a chronicle of events unfolding in ISB or the world in general. These posts will generally qualify those events with my thoughts. At the same time I promise it will be enjoyable :-)

Friday, January 05, 2007

"the anatomy of compromise"*

Well term 6 is over. We are now 3/4th MBA. Just 2 more to go. And in the middle, there will be the placements. Junta is taking lesser courses next term to focus on placements. I am also thinking of doing the same. Last term was very eventful both in the classroom and outside. First of all there were innumerable assignments which really kept us busy. Then we had the party at our Aikya family's house (who is incidentally an ISB alum). No need to mention about the alum gathering - solstice. All of you must be familiar with it. Then we went carol singing a day before Christmas eve and it was a huge hit with the kids, the profs and the junta and spouses. yours truly went around distributing sweets and presents as the grand old man clad in red robes (minus the reindeers). Then there were innumerable number of PPTs and talks. Finally the new year intermingles with exams. Top it all up with a trip to Ramoji yesterday and that's term 7 for you.

You are wondering what all the above has to do with the title of the post. Well you are right, nothing! The link starts now. It is the title of a chapter from Ayn Rand's book "capitalism". Just got to lay my hands on a torn an tattered copy which I had kept for years. I knew it was a great timeless classic, also read and appreciated some of the chapters (though not all of it) and so never wanted to part with it inspite of its precarious condition. Today it just happened to grab my attention and while turning the pages I couldnt help wondering at the intellectual content this great lady possessed and how well she understood. Most of the principles and thoughts which are so fervently thought in today's BSchools as something which is time tested and developed recently, already find place in this great book of an outstanding visionary. I would like to quote here 3 basic rules (without context) from the chapter "The anatomy of compromise"

1. In any conflict between two groups (of people) who hold the same basic principles, it is the more consistent who wins.
2. In any collaboration between two groups who hold different basic principles, it is the more evil or irrational one who wins.
3. When opposite basic principles are clearly and openly defined, it works to the advantage of the rational side; when they are not clearly defined, but are hidden or evaded, it works to the advantage of the irrational side.

If you dont understand the above. Gotta read the book. Meanwhile am off to face the new term.

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