Gains and Pains of Digital Transformation

Descriptive Questions & Essay Topic Gains and Pains of Digital Transformation

Essay Topic Gains and Pains of Digital Transformation – A big challenge is the change in the IT customer who is now behaving like a consumer.

Social, cloud, analytics and mobility are rapidly changing the way companies operate. Their synergy has resulted in easy-to-use products and services for customers on the one hand, and richer dividends for companies on the other. Seeing a positive correlation between business performance and the emerging technologies, companies are fast-forwarding to digital transformation.

Customer expectations are changing faster than what IT teams can anticipate. “With multiple conversation platforms, it doesn’t matter where it starts: may be with a chat, then goes on to a social platform. Digital transformation is about integrating platforms and departments to get a unified experience,” says Suman Reddy, Managing Director, Pegasystems.

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Via: The Hindu

WEF Gender Index

WEF’s Gender Index

WEF Gender Index Report for Competitive Exams

India fell five places in terms of women in the workforce to hit nearly the bottom of the rankings at 139 of 145 countries, its worst rank in this category since 2006.

Indian women have also regressed in terms of health and survival, placed at a lowly 143 out of 145. India is one of the three countries that have declined the furthest on the health and survival sub-index, the other two being China and Albania.

The WEF’s assessment of India’s ranking in terms of sex ratio at birth (143), a sub-indicator in the health and survival category, is unchanged from last year and is ahead only of China and Armenia.

On educational attainment—a fourth parameter in the overall gender index after political representation, economy and health—India has improved marginally, going up one place from 126 in 2014 to 125 this year.

The report said the female to male ratio in India’s labour force participation is 0.35 now against 0.36 in 2014. Income disparity is also high, with women earning an estimated average of $2,257 per year, compared with $9,175 for men.

For 2015, the top 10 ranked countries in terms of gender include the Scandinavian trio of Iceland, Finland and Norway. They are followed by Sweden and Ireland. One African country, Rwanda, comes in at number 7 and an Asian country, the Philippines ranks 9.

The Asia-Pacific top 10 include two South Asian countries—Bangladesh at 64 and Sri Lanka at 84.

India’s Gender Index Rank over the years

SAMPLE

INDEX ECONOMY EDUCATION HEALTH POLITICS
Year No. of countries Rank Score Rank Score Rank Score Rank Score Rank Score
2015 145 108 0.664 139 0.383 125 0.896 143 0.942 9 0.433
2014 142 114 0.646 134 0.410 126 0.850 141 0.937 15 0.385
2013 136 101 0.655 124 0.446 120 0.857 135 0.931 9 0.385
2012 135 105 0.644 123 0.459 121 0.852 134 0.931 17 0.334
2011 135 113 0.619 131 0.396 121 0.837 134 0.931 19 0.312
2010 134 112 0.615 128 0.403 120 0.837 132 0.931 23 0.291
2009 134 114 0.615 127 0.412 121 0.843 134 0.931 24 0.273
2008 130 113 0.606 125 0.399 116 0.845 128 0.931 25 0.248
2007 128 114 0.594 122 0.398 116 0.819 126 0.931 21 0.227
2006 115 98 0.601 110 0.397 102 0.819 103 0.962 20 0.227

The report says:

The magnitude of national gender gaps is the combined result of various socioeconomic, policy and cultural variables. Governments thus have a leading role to play as the closure or continuation of these gaps is intrinsically connected to the framework of national policies in place. The Index does not seek to set priorities for countries but rather to provide a comprehensive set of data and a clear method for tracking gaps on critical indicators so that countries may set priorities within their own economic, political and cultural contexts. In addition, governments must align their efforts with those of business and civil society to foster growth that includes both men and women. The World Economic Forum’s Global Challenge on Gender Parity seeks to promote public-private cooperation to close gender gaps, based in part on the analytical tools provided by this Report as well as others.

To download and read complete report visit weforum.org/reports

 

importance of planing

Importance of Planning in Career Management


A man who does not think and plan ahead will find trouble at his door.

—Confucius


Planned or unplanned activity makes a difference in your career management and any other work or activity  that you do. Carrying out an activity by fits and starts, spasmodic and desultory dabbling never produces the same result as work carried on with a definite purpose and clear-cut lines.

If G.B. Shaw had not made it a strict rule to do first things first, he would probably have failed as a writer and might have remained a bank cashier all his life. His plan called for writing five pages each day. That plan and his dogged determination to carry it through saved him. That plan inspired him to go right on writing five pages a day for nine heart-breaking years, even though he made a total of only … about a penny a day.

Shaw snapped his fingers at circumstances and said, “People are always blaming their circumstances for what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can’t find them, make them.”

No magician ever pulled a rabbit out of a hat without carefully putting one there in the first place. No man can hope to arrive if he does not know where he is going. He will be like a ship without a rudder, adrift at the mercy of wind and tide or of circumstances.

The difference between planned activity and unplanned activity is brought out crisply by Victor Hugo: “He who every morning plans the transactions of the day, and follows that plan carries a thread that will guide him through the labyrinth of the busiest life. The orderly arrangement of his time is like a ray of light which darts itself through all his occupations. But where no plan is laid, where the disposal of time is surrendered merely to the chance of incidents, all things lie huddled together in one chaos, which admits of neither distribution nor review.”

The secret of success in any field of endeavour, including study, lies in six magic words: PLAN YOUR WORK; WORK YOUR PLAN

How to plan your study-work?

In coping with any course of study make yourself (1) a long-term plan embracing the total time you have at your disposal; and (2) short-term plans, monthly, fortnightly, or weekly as may be convenient.

For making the long-term plan find out all about the syllabuses you have to cover, the text books and other material you must read and learn, the practical work you have to cover and other requirements which you have to satisfy. This long-term plan may have to be revised from time to time, but you should have an over-all picture of your study-work and the time-range of your plan.

The long-term plan may be split up into periodical short-term plans in which you can set yourself targets for important pieces of work.

Keep a record of the progress of your plans-in-action.

How to work your plans?

Your plans will work only if you work them. Give top priority to their implementation. Put your whole heart into them. Strive with both your body and mind towards hitting your targets.

Give each stage in your plans your undivided attention. Don’t look farther than each stage, thereby following the example of the mountaineer who cuts steps in the ice, refusing to look up at the heights or down into the depths because the sight of either would terrify him.

A French sage remarks pertinently, “The fool thinks everything is easy and comes in for many rude awakenings; the sluggard believes that all is impossible, and undertakes nothing; the good workman knows that great things are possible, and prudently, little by little, he accomplishes them.”

The homely saying “Little by little and bit by bit” teaches patience and perseverance. Don’t be discouraged by the size of the task you have to do. Stick to it and you will achieve success. The well-known fable of the hare and the tortoise teaches us that slow but sure, wins the race. The race was won by the slow tortoise, which plodded steadily on while the hare, over-confident of victory, took things too easily.

To persist you need the ability to turn a deaf ear to the remarks of other people. Some will tell you that you cannot succeed because you lack brains, brawn, skill, time and so on. Others will tempt you to leave work for more pleasurable occupations. Do what you have planned inspite of discouragement and temptations of others. Then the day will come quickly when you will have the satisfaction of reaching your goals and free time for pleasure while others are still dabbling, wobbling and struggling.

You never hear of quitters. They never attain success or happiness. They go through life leaving a trail of unfinished jobs—what can they possibly lead to but frustration and failure? A winner never quits; a quitter never wins.

Government constitutes National Institution for Transforming India (NITI) Aayog

The Union Government has replaced Planning Commission with a new institution named NITI Aayog (National Institution for Transforming India). The institution will serve as ‘Think Tank’ of the Government-a directional and policy dynamo. NITI Aayog will provide Governments at the central and state levels with relevant strategic and technical advice across the spectrum of key elements of policy, this includes matters of national and international import on the economic front, dissemination of best practices from within the country as well as from other nations, the infusion of new policy ideas and specific issue-based support.

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via Press Information Bureau