What goes around comes around

What goes around comes around...No, I am not talking in the context of Karma but pure Business. And, this was depicted by esteemed Prof. Prasad Teegalapally popularly known as Dr.Mandi - Professor of "Dhandha" (full story below on this :-) ) using a simple instrument in the first class of 'Principles of Organization and Management' at NITIE.

Value provided is value gained

The instrument has 5 identical metal spheres suspended such
that motion created in any of the balls triggers motion
in the others based on principle of transfer of momentum.
when a sphere from left end is set into motion, it triggers
motion in the sphere at the right end. The sphere at
the right end now swings back and sets the left most
sphere (now still) into motion.

Similarly, two spheres set together in motion from one end will trigger two at the other end, which will eventually set back the original two in motion. Both ends are proportionally connected.

The same holds in Business, when value is created and delivered
to customers, customers come back to you with equal effect creating your value in the market.
Customer oriented production and marketing play a key role in the success of an organization.

Productive Learning:

Prof. Mandi and students in classroom seated in Desi style.

Prof. Mandi emphasizes on not neglecting, proudly carrying out Indian ways, being shadowed in the virally spreading western culture. He also stresses on getting out something productive from everything one learns or invests time on. As he says:

·  Learn and Earn, Earn and Learn

· Consume and Create, Create and consume 

MANDI

MANDI is  a unique on field marketing exercise from the National Institute of Industrial Engineering (NITIE - Mumbai)  led by Dr.Prasad (and so the name Dr.Mandi :) ). Here in students go out on the streets to sell educational toys. The idea is to practically implement sales strategies, interact and understand customer behavior live. 

Watch Mandi here:
http://www.youtube.com/watch?v=B2R8hzI8jXA
https://www.youtube.com/watch?v=WuELGdxwBCg

More of lessons on "Dhanda" management from Dr.Mandi coming up!!!!