Showing posts with label PAN-IIT. Show all posts
Showing posts with label PAN-IIT. Show all posts

Thursday, November 4, 2010

How Many IITs are there in India?

I had the opportunity to attend 2010 PANIIT conclave as a IIT-Kharagpur spouse this year - i.e. as an impartial observer. One of the first things I noticed was the large number of new IITs - Its hard to miss the new banner; in places I had not even heard of. On the other hand, how many had heard of Kharagpur which houses one of the oldest IITs? I was not the only one noticing this. Alumnae discussions on the topic expressed concern of maintaining quality in the face of such aggressive expansion and the notoriously slow pace of government decision-making. At the same time Alumnae from different IITs vied with each other on how bad conditions were in IIT when they went there - from yellow water in Kharagpur to deplorable food in Delhi.
I believe that the expansion is a great thing and long overdue. And the risks of quality can be well managed for the following reasons:
1- Students: The older IIT capacity is so far below the number of brilliant available minds applying that even with the expansion- only the best will be able to get in. At alumnae meets I always hear that it is having brilliant students as companions made the IIT experience what it was. So this will not change.
2- Teachers: I personally know 2 brilliant deans who now have an opportunity to head a new IIT. Without growth they would not have the opportunity. I do not believe these teachers will compromise. As a daughter of parents (mother and father) who chose the teaching profession - I believe there is a lot more than money that attracts teachers - they will give it their best. With opportunity comes fresh ideas and new hope - it will trickle down from deans to the rest of the staff.
3- Curriculum: Nehru's vision for a free India included science and technology. And the great emphasis in IIT on that has paid a huge dividend for India. But times have changed - we are now in the knowledge economy where innovation is the name of the game. Improving the social sciences, medicine and arts curricula may be easier in the new IIT's and will certainly be a boost for students inclined towards disciplines beyond technology.
All in all, Its a great step forward for India.

Monday, March 23, 2009

Debugging the Elephant: My Aha! moment at IIT Clean Tech 2009

Have you heard that elephant story? When 4 blind people touch different parts of an elephant and they just can't figure out how it can possibly function? Software designers are required to laugh at this story to make the grade but it is relevant for all new endeavors. When it comes to figuring out the clean energy space- yep I didn't have the big picture. Aha! All is changed. On March 21, I attended the IIT Clean Tech Forum: "To inform and educate attendees about opportunities for jobs, businesses, investments, research and development in the emerging new energy economy." But I got more. I got to visualise the elephant. A software person, at such events, I position myself as a dilettante- its a defensive posture. The conversation quickly moves into PV cells, Silicon stuff, Nano or Giant windmills, even biomass (a polite word for waste matter among other things). Else its about policy, big government programs and so on. The Forum featured great talks (Solar energy, Biofuels, Energy Storage etc. ) but I was really interested in the talk by Raj Vaswani, Silver Spring Networks, on Energy Management. It was great - overview as well as details; not to mention entertaining. The energy crisis is real - NIMBY -> BANANA -> NOPE (not in my backyard, build anywhere nothing anywhere near anything, not on planet earth). He also called software the "Fifth Fuel" (I love that) and mentioned demand side management several times. I got the trunk of the elephant - I knew how software skills could be applied. But I still didn't have the big picture - Who cares enough to help me build my dream? The real AHA moment came during the panel. It came from Adam Grosser, Foundation Capital. In a nutshell: "Demand side applications are more amenable to VC funds than supply side- e.g. storage, transmission, data management - like Raj's company". So the companies that focus on "efficiency" are the "low hanging fruit" - and that is what VC's fund. Infrastructure energy projects are supply side - which is where solar, wind etc come in - payback (and witness increase in government funding) comes after a little longer period of time and required different capital strategy. That's it- this is how I can slice/dice the space - tell the tail from the trunk and what's in between. So, if you are in clean tech or thinking of getting into it- create a framework that works for you: ask - Supply side or demand side? Where is my expertise a strength? Low hanging fruit or long term payback? and then develop your funding and execution strategy. An oh, by the way, Raj's company is growing and hiring like crazy - write hr@silverspringnet.com . A word of caution - Raj says "my customers are the big Utility companies and they don't even like low hanging fruit; they will just pick up the fruit if its laying on the ground."

Saturday, July 14, 2007

The New Face of Entrepreneurship

On Saturday July 10th I had the opportunity to be on the PAN-IIT panel "Social Entrepreneurs: The New Breed". My objective with this panel was to create mindshare for this emerging area of entrepreneurship - so it was really gratifying to see how the large hall filled up and the audience created a huge positive energy -bringing their passion for "doing well by doing good" to the Q&A part. In addition to the panel I hosted lunch tables on two days. Bottom line is I met more enthusiastic, dedicated folks in these two days than I have in any other two days in my whole life! Many people shared their stories with me. So what did I learn? I learned that it is hard to be a social entrepreneur - it involves risk-taking, passion to persist in the face of obstacles and yes ability to manage finances -Best of luck and kudos for trying! You are all winners.