Trip to Hyd and other thoughts
I went to Hyderabad again to visit my mom and also to do some recruiting work. Because of Diwali rush I couldn't get train tickets and I had to go by bus. It was a long journey of 20 hrs. While it wasn't the best bus journey I had, I am glad my body didn't complain too much.
Mom back at home:
I didn't realize earlier that my Mom's operation was a major one. But thankfully she is back at home now and she is not supposed to do much work. The only thing I am not happy about is that to rule out any future recurrences, doctors are considering preventive treatment. I thought the operation intended to take care of that as well.
Letting some one go:
I had to take the hard decision of letting some one go. It was hard not because I wasn't sure whether this was the right thing to do or not. It was hard because there is a huge negative perception in everyone's mind about being asked to leave. I have seen several rounds of layoffs in Trilogy and realized that there will be situations when it is the right course of action and thought that one day when I have my own company I should have the guts to make the tough calls.
I did make the tough decision but I was not at all happy to doing it. Asking someone to leave is really hard thing to do and I felt really bad in my gut and but it had to be done. We will be more careful while hiring and prevent future occurences of this kind. But nobody can promise a no-firing/no-layoffs policy, if they do they are just kidding themselves.
Inez Finserve --> Cressida Finserve??
We are contemplating name change from Inez Finserve to Cressida Finserve. There is some nitty-gritty you need to know for this to make sense. Not that I am an expert or anything I have learnt these intricacies recently. If one wants register a company, one must get the name approved. You fill something called Form 1A where you specify, among other things, the name you want. You also need to provide four alternative choices. And the fee for this is Rs. 500.
We requested for Inez Finserve and as alternates and for the alternatives, we provide three names starting with Inez and the fourth one was Cressida Financial Services. We gave the Auditor the fee of Rs. 500 and Rs.1500 for miscellaneous expenses.
We learnt recently that the name that was last one on our alternatives list. There is no communication as to why our first four choices weren't approved. The system is messed up but we can't go about fixing it.
The most practical course of action is to work with what we have got. Which is to change the name from Inez Finserve to Cressida Finserve. Nandan and I will talk tomorrow and decide on a suitable course of action and my option would be to go for Cressida Finserve. This kind of sucks but everything with respect to Inez is only in our minds and it will take a little effort to think of this company is Cressida Finserve as opposed to Inez Finserve. Please let me know what you think.
That’s all I have for now. I hope you had a happy Diwali.
Until next Monday, take care.
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