Chapter 405: Prodigy
Alindam looked darker than in the photo, with shiny black hair tied back in a ponytail.
Under the blue striped jacket was a white shirt that was open to the third button and his chest was clean-shaven.
He wore rings on his fingers, his fashionable glasses were inlaid with dazzling gems, his silver cuffs gleamed, and on his feet he wore diamond-patterned socks and shiny leather shoes.
These things were so golden that they made people feel dizzy and panicky, but young Alindam was very talkative, which made the students and staff around him feel much more relaxed.
He was thirty, not much older than Ron. He had a youthful energy, especially when he was joking about critics and competitors, and he often said "Wow!"
Ron met him in the school's conference room, which led to the office on one end and the classroom on the other.
The office equipment was bright shades of red and blue, and a projector on the wall glowed white.
There were about fifty chairs in the room, all pushed aside, and Ron and Arindam sat at a long table on the other side, their chairs facing each other.
The air conditioner is turned on very high, which will make you feel noticeably cooler.
"Mr. Soul, look!" He pointed to the corner of the conference room.
That is the air conditioner that was recently launched by Soul Electric, a real air conditioner.
Since we finalized our cooperation with NEC on refrigerator technology, we also developed air conditioners.
They are all compressor technology. Once you master it, you will understand everything.
Sur Electric has extensive experience in the field of water air conditioning. After obtaining the compressor, it quickly finalized the design, which was much faster than the refrigerator.
"I didn't expect it's already on the market in New Delhi." Ron's eyes lit up.
"The effect is very good. I plan to install a few more in the office. Oh, and the students' classrooms use water-cooled air conditioners."
At this moment, Alindam was extremely grateful for his original decision. He chose Sur Electric purely for cost considerations.
It's cheap and has a good reputation, so there's no reason to buy imported products.
The reason why Suer Electric's water air conditioners are still popular is that many organizations purchase them in large quantities.
"I'm very happy to come to the Management College today." Ron nodded with satisfaction.
"We are all making our own contributions to India's economic development." Arindam shook his head frequently as if he had been praised.
He launched into a long lecture on the history of the college, slowing down only slightly when staff brought him sandwiches on paper plates and a couple of Cokes.
He said he was originally going to the United States to attend university, but his father asked him to take graduate courses at the college.
He was already giving lectures at the college before Alindam even graduated.
"I have an advantage because I am the principal's son," Alindam said with a smile, then emphasized that he is fully qualified to teach his classmates.
Three years later he obtained a master's degree and started a consulting firm.
One of the jobs of a consulting firm is to hire people for other companies. While communicating with clients, Alindam is also looking for jobs for college graduates.
The employment problem of college graduates is an urgent issue that needs to be solved. Although Alindam himself disagrees with this statement, it is still a reality that he has to face after his success.
In the early years, Alindam's ability and qualifications were not enough to support his ambitions.
At first, he created a magazine and a research department, but the magazine soon went bankrupt, the film he invested in was never filmed, and all his capital was lost.
"At the beginning of the year, I officially launched my first leadership club for senior executives, named 'Becoming Great Leaders'. My idea was that if they came to my classes, they would bring me business.
They came and, looking at the pictures, they had no idea I was that young. But that turned out to be no problem, as the club became a sensation and a huge success.”
He raised his voice, raised his chin somewhat proudly, looked Ron in the eyes and said, "This is how I built my own temperament."
Ron found this a bit strange, as it seemed that all of the tycoon's academic qualifications, including his master's degree, were obtained from his own school.
But he didn't delve into it and just asked Alindam to show him around the campus.
The school's teaching building is divided into two floors, and most of the classrooms are on the underground floor. The students inside are chatting incessantly. Some students are wearing suits, and they are preparing to attend the "Executive Communication" class.
The ground floor includes the school's computer room, a small library, and several classrooms. On the other side are a circular conference room and open offices where Planman employees work.
They were in their twenties or thirties, staring at computers and phones. Although they looked busy, they didn't give the impression that they worked for a multinational company.
Arindam and the department head referred to the people at the desks as "managers." The manager, a middle-aged man with a slightly balding head, was on the phone, searching a database for data and asking others if they were interested in holding a management seminar.
90% of Planman's employees graduated from the college in Alindam, and this data is confirmed.
As soon as they graduate, they will quickly make the transition from students to teachers here.
For example, Rossiter is short. If he doesn't wear shoes with higher heels when wearing a suit, he will look even shorter.
He is in charge of advertising and is the head of the Planman advertising agency.
The dean of the college is Majumdar, a man with a stylish goatee who is also the editor-in-chief of the economics section of Planman's magazine.
Some employees are also members of Alindam's family and graduated from this college.
For example, Alindam’s wife, Rajita, is petite and drives a Porsche. She was Alindam’s student before they got married and is now a teacher of executive communication courses.
Arindam's brother-in-law, with long hair, wore his shirt open and held a copy of The Omnivore's Dilemma.
He was also a student of this college and is now the editor-in-chief of the lifestyle column of Planman's magazine.
As Arindam met with the heads of various departments, they joked and chatted for an hour before getting down to business, as they were all former classmates.
Ron always had the illusion that they were deliberately showing off their happy times in college and wanted him to know how close they were.
"We were like a mafia," Arindam said.
This college, this company, is a complete whole.
Like the mafia, they are full of suspicion of external things, and like fanatical believers, they firmly believe in the mysterious religion composed of Alindam's personal experience, management philosophy and the company's unique operating methods.
But another way to put it is: they are a business group that firmly believes in their boss's words and deeds.
Damn, it’s amazing!
It seems that the school's graduates are absorbed by themselves, either becoming teachers in the college or employees of the so-called "Planman Consulting Company".
The perfect internal circulation does not export any of the so-called "management talents" they call to society.
What is the reason? This is worth pondering.
But what is certain is that Alindam is a genius.
He is energetic, ambitious, shrewd and capable, but also has weaknesses.
He was a leader of his time, and his personality and conduct quickly amassed for him power in all areas of India.
Everything here is full of energy, everyone is passionate and united.
"Why don't the students here go to work somewhere else?" Ron asked.
"Our current goal is to train MBA talents first, and after they have gained experience at Purman, we will recommend them to Indian institutions that need their skills."
"Really?" Ron raised an eyebrow.
“Of course, and our job placement services are improving and foreign companies are approaching me,” Arindam argued.
The fact is that a large number of college graduates stay in Alindam's own company.
Ron guessed that their salaries were not high, but Alindam said that he gave the graduates enough treatment.
He divided his employees' salaries into three levels: the first level has a starting salary of 25,000 rupees, the second level has a starting salary of 50,000 rupees, and the third level has a starting salary of 75,000 rupees.
Students who have just entered the management college belong to the first level, with a monthly salary of 25,000 rupees, or an annual salary of 300,000 rupees, which is equivalent to one-third of the salary of graduates, which is quite good.
Ron was very surprised to hear this. Nowadays, the salary of graduates from famous universities is only around 6,000 to 10,000 rupees.
As a result, the treatment Alindam gave his students was almost twice as much as outside.
Their jobs involve making calls at a desk, similar to what you'd find at a call center, so they don't need an MBA.
"Where does Planman's profits come from?" Ron asked curiously.
"Well, our business mainly comes from providing high-end human resources services to other companies. We also promote management courses to help employees of other companies pursue further studies." Alindam answered haltingly.
Ron's expression became subtle, and he knew it as expected.
From what they said, Planman Company provides human resources services.
But this sounds funny if their business is really profitable, or if they really have control over such channels.
Then why not sell your own students instead of stuffing them all into Planman Company?
It is impossible for Alindam not to understand that this method of self-production and self-sales is very dangerous, unless he has no other choice.
To put it bluntly, the graduates of the School of Management cannot find jobs, and in the end he has to take the blame.
So the question is, why is Arindam paying students tens of thousands of rupees?
His Planman Company's business was mediocre. Apart from a few magazines that had a slight presence, the rest seemed to have no results.
Where does his money come from? Ron thought, the students' tuition!
Mallya once said that the annual tuition fees for students coming here is as high as 400,000 rupees, and there are thousands of students in the Gurgaon campus!
The college raises 400 to 500 million rupees in tuition fees every year, which is indeed a huge sum of money.
Most of the students who come here are children of small bosses from all over India. They cannot get into the real Indian Institute of Management, nor can they study abroad, so in the end they can only come to the fake colleges to get a diploma.
Graduate student! Master's degree! Just listen to how impressive this title is!
They had no idea whether this academy was genuine or not, nor did they know how to tell the difference.
Alindam accepted the tuition fees with peace of mind, and then used the money as salaries to pay to the students who graduated from here.
No wonder the specific details of his business cannot be found outside, because it cannot be made public.
The future success or failure of the students of this college depends largely on the development of Planman Company, which in turn depends on Alindam.
As for how Alindam will develop in the future, it depends on whether there will be a steady stream of students coming.
If business schools generate more revenue for companies and employ the majority of their graduates, then the model can work effectively as long as more and more students are willing to pay such large sums of money to attend school.
Is this mechanism familiar?
That’s right, it’s a pyramid scheme!
(End of this chapter)
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