As it is, you don't leave home without it. In a world of cashless payments, why not simply make your cellphone a wallet?

Japan has long been phasing out the hassle of wins and bills with microchip-laden "smart cards", that let people make electronic payments for everything from lunch to the daily commute. But even smart cards could be on their way nut, their plastic presence overtaken by virtual-wallet technology now available in the everyday cellphone.

Other nations, led by South Korea, already have so-called mobile wmrnerce payment schemes in place that let people punch keys an their cell phones so that the devices trigger transactions. But a series of phones going on sale this summer in Japan, for use on NTT DoCoMo's wireless network, are the world's first with an embedded computer chip that you can fill up with electronic cash.

First you find a machine that is used to stock smart cards with cash. They can be found in some convenience stores and offices in Japan, You place the phone in a special spot on the machine and slip bills into it. The phones have a 50,000-yen (about Rs.20,250) limit. Now you can spend.

In order to pay, you simply wave your cellphone within a few centimetres of a special display found in stores. restaurants and vending machines. A fairy-like thinking sound means your purchase is being deducted from the embedded chip using radio-frequency ID technology. It is instantaneous. Unlike infrared or other mobile payment schemes that require clicks on the handset, you do not even need to open your clamshell-shaped phone, the style of choice here.

Teachers should be aware of the importance of their role in helping gifted students in social and emotional adjustment, and in promoting their mental health. Many science of maladjustment appear at quite an early age and teachers have the opportunity to observe students under conditions which disclose such behaviour. I need be, expert help should be obtained in treating such maladjustment.

When parental relations are strained, the child is likely to feel insecure. Such a child can be helped by giving him some individual attention and making him feel that he can win the teacher's respect and affection for his superior performance.

When discipline, at home, is weak and inconsistent, the teacher can do much by providing the child opportunities for good behaviour. Bright students are as quick to respect firm and consistent discipline as they are challenge one that is lax. Bright students who misbehave at home may welcome stricter discipline at school and they may in fact be grateful for the support of a firm hand in their efforts to control themselves.

The gifted child may need help in human relations. He cannot but feel different from his average classmates. If he can find no companions who can share his interests and concerns, he may begin to stay apart more and more. One result may be a tendency to solitary pursuits such as reading, collecting things or scientific experimentation. He misses group games and rough and tumble type of play. He falls behind in physical skills and when, by chance, he finds himself in games or groups activities he feels awkward and inadequate. The teacher could help by giving him the opportunity of leadership in the activities in which he is superior, by asking him to help the weaker students in studies and so on.

Today, large parts of the population feel that business has become detached from society, and that business interests are no longer aligned with social interests. It is not enough to say that business has been discredited by the behaviour of some greedy or some fraudulent CEOs, and that tightening the rules will demonstrate that the majority of business leaders are trust worthy. What has come under attack is the credibility not only of business leaders but of business itself, or in other words, of our market driven system.

This is paradox. The welfare of all people can be increased only if we use available capital and human resources in the most efficient way. Free markets, democracy, transparency, global interaction and entrepreneurship are the only way to boost economic progress and social development. Yet many people are longing now for different solutions. There has been a proliferation of simplistic, populist voices condemning our capitalist system as cold and inhumane. At a time of corporate scandals and economic stagnation, those voices find fertile ground not only among the traditionally left-out minorities, but increasingly among large parts of the middle class.

The middle-class moroseness can be explained by the sudden fear people feel for their future. The capital stock has shrunk, retirements benefits no longer seem secure, health costs increasingly eat away at income and job security is fading even for the well trained. In some ways this movement against the system has already infected whole nations : in Latin America, several countries are now governed by presidents who are at odds with the fundamental driving factors of our free-market system.

The only way to stop this new wave of antibusiness sentiment is for business to take the lead and to reposition itself clearly and convincingly as part of society. Business needs to propagate - and live up to - a new philosophy that I would call "society-oriented business".

When I started working during the late 1960s and early ‘70s I was the proud owner of a slide rule. I was a low-mileage model, as I only knew how to work out percentages on it, but even that was better than struggling with long multiplication or logarithms to do the same work as some of my colleagues were wont to do.

The point is that this was only three decades ago, and the pocket calculator had still not been invented.

I remember, in the early 1970s, sitting in a meeting in the viewing room of the advertising agency I worked for, taking part in a discussion with out client, Proctor and Gamble on whether the commercial which had just been approved should be shot in black-and-white, or colour. The discussion, as with most discussions with that client, was long and carefully articulated on both sides. The agency, of course, looked to the future, and argued strongly for colour. We were finally overruled, on the grounds that there were still too few colour TV sets in existence for it to be worth the extra investment in colour film.

At the same period, I recall the excitement of the company’s first computer being delivered. The account’s office window was temporarily removed, while the computer was swung into place by a crane especially hired for the purpose. The computer power was probably less than a Personal Organizer.

Not only was colour television a rarity, and the personal computer still some way off, other everyday objects had stiletto be invented, like the digital watch or the camcorder. How we existed without such basic everyday tools I now find hard to imagine.

The truth is that we and our parents and grandparents before us-and their forebears before them stretching back over the past two centuries - have seen and accommodated huge technical advances and social changes. Many of these change have not only been big they’ve been fast.

To make effective decisions, all we have to do is to out-think our opponent. Our decision needs to be better than his, that’s all. There is no need to be perfect.

The mistake we make is to think through our intellect. If we ask any successful business leader or CEO these days about what has made them so successfully, again and again they claim that their success came from something beyond their intellect; something beyond logic and facts’ something that gave them the intelligence and guts to take effective decisions. It is simply the intuitive power within them that has helped them make these effective decisions.

We can tune into intuition as part of our regular life. The question therefore is not whether intuition is an inborn quality, but whether we can make ourselves intuitive.

When we step into the present, we step out of time-bound awareness. We step beyond tension. Our body stoops producing adrenaline. Time-bound awareness is mass, which is solid. Non time-bound awareness is pure energy, liquid, dynamic, bubbling and creative. We step out of our boundaries. We become free. We become free. We become intuitive.

When out thoughts stop, our present vision extends into the past and the future. We become free of time and space constraints. When we mediate deeply, we become intuitive, and can reach cosmic intelligence or enlightenment.

Visulisation is the three-dimensional, multicolourd, singing-and-dancing version of affirmations that enables the subconscious to prefigure future achievement of success. It is a basic and fundamental human attribute, and one that can literally be the difference between surviving and not surviving.

When Victor Frankly, the Freudian psychologist, was examining the discriminating factors that enabled him, and many like him, to survive in the hell of the Nazi concentration camps, the key factor was the ability to visualise. All survivors had a vision of something beyond their current suffering, something more worthwhile, and something worth hanging on for.

This underlines the importance of each individual having a vision of something, outside and larger than herself, that gives her life some meaning. They very existence of a mission lifts the eyes to something more meaningful and enduring - and in so doing provides something to life for - at times when quiet surrender could be an attractive option. Such a vision gives a further reason d’eter for integrity, by providing a purpose that binds together the core values that make up self-worth.

One of the most powerful - and difficult to achieve - applications of visualisation is to focus your mind daily on the person you intend to become. Create a clear mental picutre of that person - and see it in full colour, and add sounds and smells, if they are appropriate. The emotional values you add to the visualisation are vital in making the full connection to your subconscious, which acts only on thoughts that are mixed with emotions. These techniques are, of course, widely valuated in files like sport and business, where the peak performers are nearly all visualisers. They all see, feel, and fully experience their success before they achieve it.