Friday, August 29, 2014

We the CAs

We,  THE CAs.
We CAs are a unique tribe. We are pampered during our article ship, before we actually deserve; statutory authorities have given us immense social respect by bestowing some great responsibilities , before we have earned that (degree is minimum qualifier not earned respect), we wear this hat of CA in our day to day social life and act as an auditor of everything including life. Finding fault with everything has become our birth right or we assume it is our life mission.
There are some great CAs, doing fabulous social work and contributing their might positively by becoming part of the solution, baring those , most of CAs can be classified in two categories;
They are either inactive/indifferent in social contribution or fault finders, part of the problem wherever they go and whatever they see.   Audit & tax are not only their bread and butter but their water and air too. They do not have third angle to anything.
CAs are often compared to MBAs and earlier with lawyers. Well, both these tribes are not comparable to us. Compared to number of lawyers seen in politics, CAs is not a match. We don’t take active interest in world around us. Politics is about taking charge & doing something - proactively. It’s about communication, communication at its best.  We lack adequate skills here.
MBAs are obvious different – they are trained in classroom, their trainers come from different walks of life, they have campus culture of networking and team work, they have holistic view of the business, they have great public communication skills in public. – We lose here on competitive skills.
Lest we forget both - lawyers and MBAs have subject knowledge too.  It’s not only about communication skills but its depth of subject plus communication skills and most important their interest in things around them, eagerness to contribute positively sets them distinctly apart from CAs.
It takes all the three attributes shown above for a CAs to become all round socially relevant human being. Hat of CA is a proud hat to wear but forgetting to remove while living life will keep us CAs only and not a complete living human being.  
I live in a housing complex where there are 400+ flats and around 2500 population. It comprises of 4 housing societies and as many as 40 CAs in the complex. Most of them are not willing to join managing committees. If forced to join seldom attend the meeting. Even if they attend the meeting many of them play a destructive role of just opposing everything. Instead of becoming a facilitator of good work and helping those who are working with their help either time or money or contacts, these people play negative role , become road blocks and frustrate those who are working and willing to work.
Out of the total 40 managing committee members from 4 societies & 40 odd CAs, there are hardly any CAs are the part of managing committees. I being in touch with all the 4 societies as a chairman of the common association I get feedback from other managing committee members that these CAs are just playing a role of a compliance officer. They are extremely focused on compliance, minutes, methods and legality & other petty issues irrespective whether it’s stalling the work and killing the spirit of cooperation.
They do not see life beyond that. As a managing committee following the law is important but it’s insignificant area as compared to larger role it has to play in the overall development and maintenance of the society.
This brings to my moot question. Are we just a CA in our personal life? Why CA even though a powerful degree can’t stand competition with MBAs? Why for CEO engineers and MBAs are preferred than CAs?  We all are individual plus CA. However once we get the CA degree we just remain CA and shed our individuality.
I recollect what CA YM Kale after joining Hinduja Group said in one of the conferences “ We CAs think we are most important & indispensable part of the businesses however once you join industry and assume larger role one can realize how insignificant is the role of a CA in the larger overall perspective of the business landscape.”
When the world is sleeping we have to remain awake is our slogan, agreed. However that should not become a barrier for us to assume larger role in life. CAs must assume role of problem solver , facilitator of good work in society around them and get out of the audit hat unless actually auditing. Life is much more than mere auditing and tax!!

Thursday, August 21, 2014

The BIGGEST confusion !!

1st chapter of Anupam Kher's book The best thing about you is YOU is titled as - We all are Unhappy.  He concludes the chapter as - Happiness can not come solely come from external sources. First of all we have to discover the concept of Knowing Yourself and being Yourself. 

Being yourself means who?  As a body or as a soul? As long as we consider self as a body his chapter title will remain true. The moment we consider self as a soul we will be on a path to achieve his last line.

Our unhappiness starts with our confusion of self as body or soul !!Our wrong belief about the self is the cause of our unhappiness. 

Know your self is not about knowing your nature and habits or anything about the body but its about knowing your true form as a soul. 

'I' should go with soul and not with body. Who is 'I' is the biggest confusion we live our life with.

Wednesday, August 20, 2014

Everyone else but Customer

Objective of Banks is to serve customers & for that matter objective of any enterprise. 

Look at the composition of PSU banks boards ;


  • 1 Govt Nominee
  • 2/3 Share holder Nominee
  • 1 RBI Nominee
  • 1 Workmen Nominee
  • 1 Officer Employee Nominee
Where are the advocate of CUSTOMERS in the board? 

Mostly Bank's customer services are pathetic perhaps this is the reason. Competition is forcing banks to become customer centric  but unless customer service/experience is given core focus and customer champions are given board and CXO level position it wont be sustainable.   

We seriously need customer champions not only in the boards of banks but every company.



When customer experience creation capability is the sustainable competitive advantage business cant become customer centric unless voice of customer reaches the highest decision making forums. 

Saturday, August 2, 2014

I am Amazed by ...

Nomenclature of this blog has changed from today. In line with the new name AMAZEMENT I list down my top 10 Amaze-rs. 

People whom I follow to get Amazed: (Order is Alphabetical,  intensity and area are different)


For his book Enchantment & APE


For what she is and her mission to become US president.    

3) MK Gandhi

For his conviction and determination. 


For his passion , vision & action for India's development.


For his passion for his customers. 


For his book Linchpin & daily blog posts  making sense of world around us (May be his initials matches with mine !!!)


For his clarity of thought about soul and its journey , his religious writings and powerful spiritual treatise in verse Atma Siddhi & Apporva Avasar showing clear road map to Moksha.


For his passion for customers , scintillating products , public speaking style. 


For his powerful messages for human beings.

10) Tom Peters 

For his books - Circle of Innovation , Re imagine and  The little big things & various presentations.

11) Tony Hsieh 

For his culture of doing business at Zappos and his present mission of delivering happiness across the globe.

Who are the people amazing you? 

What we do to live = What we do while living ?? NO

There is a big difference between the two statements given in the heading of this post. 

Unfortunately all of us has assumed that what we do to live is the only thing we have to do while living or we can do while living.

Imagine in a lifetime time we spent in earning and time we spent in things we like and love to do.   We spent time in earning or what we do to live is to really live life we want. But somewhere we have forgotten the very purpose of our life or our earnings and we just live as if we are here to work and earn whole life 24 X 7 X 365 X our active years.

Our needs have grown so big that it takes our lifetime to earn for that and then when we become old to treat ourselves. Period. Most of us do not think life beyond job or business ie earning activities. So much so that keep working till death is considered good. Even our most celebrated star Amitabh Bachchan could not escape this race.   

When you have enough for survival (subject to our own thinking how much do we really need, because greed is endless) it it not our obligation to give back our time , energy for the society or even do things we really love which has no economic benefit.

All of us must pause and think about the difference between what we do to live and what we do while living. We need to earn so that we live the life we want to live. But the moment earning becomes endless activities , life becomes worthless. Retiring age of 60 was set by Govt so people retire at 60 but is it necessary to retire only at 60 ?

Entrepreneurs never retire from economic life and die while doing business. We as a society must awaken to realise the difference and should work to promote ,create platforms for non economic activities. Our education institutions should inculcate importance of hobbies and pursuing hobbies. We have assumed purpose of life as keep working for earning forever. Most people have no clue what to do when they are not working for earning.  

Life is not about living after retirement , it is about living daily. Therefore more we reduce our need , less we keep working for money and more time we will have for things we like/love to do. It is here in this space life lived is worth living. 

Knowing about Three Idiot is fine but it is a real challenge to become one in the rat race society all we live in.



Pause NOW. At-least  think.