Tuesday, March 18, 2014
Tuesday, December 31, 2013
Saturday, October 8, 2011
Death is a truth. Everyone and everything which lives today has to die, one day or the other. So in true sense the meaning of live is proved after what happens to the world after you are gone. What is that something which becomes a topic of discussion between people after you are gone. How you have changed the way people think and have ever been thinking? How you let the world feel that it will miss you? How you will let your way of thinking and living influence the others life. Here are some of the learning and preaching of such a great man who came on the earth and changed the way people think. He was a man who when speaks, makes the dead, alive. He was though a common man, who dared to walk extra miles and brought terrific changes in society. Though he is no more between us, but still he remains within us-The Steve Jobs.
Tuesday, November 24, 2009
Have a look at both of these picture. One is taken at the time of signing in and the other at logout...
What is the difference in between them? How beautifully Google has put the ad...?
Its so simple to understand that how Google separates itself from others...
Saturday, October 17, 2009
This country has moved from one step to another, and then even this young economy has never ended the old values and system of business ever. This country has always made incremental innovations and renovations in their ancient way of doing business. And now the state of such businesses has become the Bottom of Pyramid as very well said by Prof C.K. Prahlad.
Yesterday, I was passing through the road of my colony and I saw a shopkeeper who was selling vegetables loaded on this bicycle cart (Pic). I asked him certain questions and his answers were showing the shift in his own business that how he adapted and made the incremental innovation/renovation to run his business more profitably.
The questions asked by me and the answers he has given are as under-
Q- Chacha sabji bahut mahagi de rahe hain aap?
A- kya Karen babuji, mahangai badh gayi hai, aur abhi age bhi na jane kya hoga.
Q- accha chacha aap kahan se sabji late hain?
A- babuji mandi se, yahan se 7 km door hai.
Q- kitne baje se lagate hain ye thela?
A- dopahar 2-3 se lagate hain.
Q- Accha to aap ye bataiye ki aap kahin dukan kyun nahi laga lete hain?
A- Babuji lagaye the, pehle dukan se hi bechte the road k kinare, par sarkar ka niyam ban
gaya hai ki road k kinare koi dukan nahi lagana hai, sarkari zameen na hai babuji!
Q- Accha to kahin sthir thela laga liye hote, kam se kam ek jagah to rehte?
A- vo bhi kiye rahe babu, police wale mina karat hawan na, road par mana karat hain.
Q- To isiliye aap ye cycle wala thela liye hain?
A- Han, isiliye liye hain, ka Karen majburi hai na. Dhandha to kare bina paisa nahi
Milega aur parivar bhi to hai.
Q- Accha to ye bataiye ki ye cycle wala thela kharide, to mahaga pada hoga.
A- Nahi, hum purana wala thela bench diye aur 750 rupya lagay ke banwaye hain ye.
Q- To aap idhar udhar ja ke benchte hain, to roj wale grahak ko kaise milte hain? Isme to
nuksan hota hoga?
A- Nahi hum ehh se 5-6 colony me pas hi pas benchte hain, aur sab colony ka ek nischit
samay bandh diye hain.
Q- Accha, iska matlab ki aapke grahak roj wale nahi behakte?
A- Nahi, yehse faiyda hi hai, hum grahak ke ghar ke samne se jate hain aur ek nischit
samay par. Aur nahi to 5-6 colony me bhi ho jata hai.
Q- to mahine me kitna bacha lete hain?
A- Wahi 10,000-11,000 rupya bach jata hai babu.
Bahut badhiya hai chacha. Dhanyavad.
So from this small happening one can see that how a small vendor can change his way of doing business by improving the medium( Cart). Moreover one can very well analyze that he has done changes not by his own desire but by the compulsion of law.
*This is not always true, but in this case. There are number of examples in which people adapt by desire.
So the phases, this shopkeeper has seen are-
Shop Model Business ----Moving Cart Model Business ---- Bicycle Cart Model Business
In all the cases he is selling the same product.
In the very initial stage, i.e. Shop model Business, he was having customers who use to go at his shop and buy vegetables. In the second phase, he has got mobility, but to a limited area and also he has increased the daily fixed customers. But in the third stage, he has got mobility to 5-6 colonies situated at very nearby places, and he has got the access of bigger market than both the prior phases.
So, as he has got more access of market, he has got more of the daily customers and hence there happened an increase in the profit.
So he has not only changes the medium of business but also the process of doing business.
There are ‘N’ number of such small vendors and models in India, which are changing day by day and increasing the value in their own business as well as for the economy.
These are the people who sell vegetables like products which are purchased daily by huge population, who belong to lower, middle and high income class. These people are the Bottom of the Pyramid.
Friday, October 16, 2009
Role of the Govt is expanding because of the following reasons-
· Implosion of Credit Markets.
· Subsequent sharp decline in economic activities.
· Concern about social and political activity.
In the West the Role of the Govt is changing which has risen two points-
· Due to the reason of great economic and financial turbulence.
· Representation of discontinuity which redefines Govt Role.
Asian economies; before the economic crisis the routine economic role of Govt was-
· To develop and implement industrial Policy
· Managing exchange Rates
· Deploying Reserves
· Using State-Owned Assets
Asia is less exposed to the turmoil than West because-
· Their respond to the previous decade regional crisis
· Improved Current- Account Positions
· Accumulating reserves
· Being ensured that their Banking systems operated prudently
Effects of Economic crisis on Asia
· Shrink of the economic growth of the region to a limit
· Decreased in the demand from the western markets
· Effective 30 years old Export-led Model is distorted
How to come out, Asia
· Need to find alternative sources of growth to compensate the rapid fall of demand in western Market
· Adapt from Export-led model to some other global economic context
Challenges for the Asian Govt, due to crisis
· The way they operate
· Require adjustment in their roles
Asian Govt will likely be more prominent in the following areas
· Government as Principal Investor
· Government as Alliance builder
· Government as Economic strategist
Thursday, October 15, 2009
The title of the article is ‘How Innovators are changing the IT offshoring’
This covers very significant trends of the movement of IT offshoring technique from Staff Augmentation to Managed service model. This article covers the change of the basic philosophy of IT industry where Client and Service provider are very close and forming a Service provider and client as strategic partners.
The attrition rate at the supplier’s end is also the problem of the client, so they are helping their suppliers in minimizing the attrition rates.
A number of other very interesting topics are covered in this article. So have a ZOOM and check it out.
Monday, October 12, 2009
Monday, July 27, 2009
This post is all about the forces which acts on a customer/consumer when he/she goes for purchasing something. Man is a social animal and this cannot be ignored. We all live in a society where there are many things we interact with. For Example, our family is our first society, later on the schools and colleges in which we study which is further followed by several other interactions which happens with us and others...which may be (intentional or unintentional). Here is a mind map image which I found are the forces which acts on a person while he/she goes for any purchase.
Just Zoom it for Bigger Picture stretching your Brain..
Friday, December 12, 2008
Hi everyone, many of us have different know-how and assumptions about the technology and its uses in various aspects.. if not any than at least for me, I was having a lot of misconceptions regarding some of the technical issues... just have a look after ZOOMing the above Picture.....
Sunday, December 7, 2008
Thursday, December 4, 2008
The concept laid down by the writer is great and the stories and the happenings which he has categorized as the In Vivo and In Vitro are full of knowledge and interest. One must read this book to understand that nothing is stationary....not the company, not the place in the company and simply nothing....at the cost if one is not known to the Strategic Inflection Point....in which the RULES OF THE GAME ARE CHANGED....
I will be back right here with an review of this book which is half completed and I was unable to stop myself to give this post even before finishing ....
So see you very soon with the mind map of this book "Only the Paranoid Survive"
Do you know about the SME search Engine Marketing... if not than have a look on the review of this case by me published on Forrester and written by Shar VanBoskirk and this will give you a better understanding and knowledge about the working of Google, Yahoo! and many search engines. This also will teach you the concept behind putting the words on the portal and SE.
so have an look till the next comes..
Tuesday, December 2, 2008
Saturday, November 29, 2008
Darwin, the great scientist who has given the theory which says “The fittest will survive” i.e. the survival of the fittest theory. According to Darwin, every change that takes place happens gradually and that shows a linear nature on graph. But, the question is that whether is that true or not? Might be he is true in the Frame of Reference in which he has postulated this theory, but not now. The reason behind are the examples like 9/11, Mumbai blast, the innovation of chips, mobile phones, the I & II world wars. Just think for a while that could the situation of today have been the same if the above of the things would not have happened. Not only these things, but many more of the happenings have changed the ways human beings lived. So the result does not remain the same. Actually there remains no Linearity in the graph of change vs. time but there seems to be a Step functional graph.
So a very interesting fact which came across, after discussion was that the above mentioned happenings might be having a lot of planning behind for instance, 9/11 would have taken number of months or years to plan but the execution was just the matter of some fraction of seconds or say minutes. And what happened after that has changed the ways people think, in terms of alertness and many more… so this alertness was developed after just a fraction of moments. To make it more clear let me put the example of the innovation of Bulb. After the innovation of bulb, the life is not as the same and on the same track, the conventional one, but that brought a change in the field of technology and human life. So the entire premise of the story says that the process is no more in the linear form in the current world of technology and sharp human brains.
So there comes two terms that I refer as the PROCESS and the EVENT. For any Process there is an Event. So from the starting of a process till its end there happens and linear nature in-between change and time and the origin for those processes are some or at least Event. The most important think is that is one zooms the process i.e. looks upon a process them is shows a slope nature which is linear.
So one can see that for the world of today every thing or anything changes in just minutes or may be in very little of time, so there can’t be the process of change showing a linear behavior with time but the step functional. And by the way the people who are responsible are the unreasonable people and not the reasonable one.
This is one of the very fantastic book on Branding with plenty number of examples and stories about a number of companies. One should read this book to know the new ways of branding in which a company creates the Brand image in the mind of the customers and consumers by creating a Belief System with the help of seven codes which are mentioned in the book as-
The Creation Story, the Creed, the Icons, the rituals, the Pagans, the sacred words, and the Leader.
So the above are the mentioned assets by which a company can create a Belief System which generates a sense of Belief in the mind of the Customers and that the line quoted next in the book says that “Believing means Belonging” So one the thing goes right in the brain with the correct of message to the customers, they start loving and associating the particular product or service with themselves. Some of the examples which I can be able to put here are the Google, Nike and the rest are in huge numbers. So those people who want to learn newer ways of Branding and those who possess keen desire in reading the examples and stories of success and failures of the companies, take time to read this book.
Many of us have attended the classes for hours but some gets the chance to learn a fantastic subject and that too by an excellent Professor not for some hours but for the entire night…..
Yeah that happened in ISBR. The subject was Innovation Management and the person for the day (not day indeed but Night) as Guru was Mr. Pavan Soni, Innovation Evangelist and Innovation Consultant, Wipro.
I was one among the bunch of lucky students to have the lecture…
It all started at 9 pm and ended at early morning till 5.00 am.
The journey for the day on the boat of IM (Innovation Management), with a commander like Pavan Soni was unforgettable. What is Innovation? Difference between Invention and Innovation was taught with the relevant examples. Innovation was not taken as to be taught only in Business, but also in politics, economy, how great people did that and to conclude that as the point of observation in every human being. There happened a lot times when the biggest of the theories were revised, given commend upon and discarded with logical and factual data.
The Product Innovation, Process Innovation and Business Model Innovation were discussed in detail with plenty of examples. The impact of these innovations on customers, company and top line& bottom line of any organization were interesting to understand.
Now, there happened a lot of Big Companies in the cold night so why not a small cup of Tea in the break…
After break, IBM’s survey and interview of 100 CEO’s from all around the world in the form of a report which described that where and at what degree of importance Innovation is in the companies and how does they do that.
Incremental, Breakthrough and Disruptive Innovation was taught and their order on the basis of performance and price.
GPI (General Purpose Innovation) and SPI (Specific Purpose Innovation) was discussed.
Tom Peters (a great management guru) definition of Innovation, “Innovation is equal to WOW” was quite interesting and impressive creating WOW in the students.
The other topics were the Obstacles for Innovation, Investment of companies in Innovation, Similarities in Innovators, How to measure Innovation and BCG survey on Innovation was discussed. The ROI (Return on Innovation), Monetizing Innovation were the interesting one.
And finally, LIGHT …the sunlight which appeared to enter through the windows of thought after a lot of Unlearning and Learning.
Special thanks to the Professor …
Monday, November 24, 2008
Current confidence Index
Future Confidence Index
Business Condition Index
Invest Confidence Index
Employment Confidence Index
Hi Everybody, after a long gap I am here and for now I am neither going to write anything about the Index of the Share market nor about the big Companies cutting down their costs and expenditure by various ways. This time let me put the thing which is really of great importance and value for both the B and L(Business and Life). I am talking about the Great Brains and the People back to these big Changes in the Business world...the CEO’s...I was going through a very interesting fact put by one of the Site which coins a term called as CEO Index for Confidence etc...
So the thing became more of interest for me when I came to the fact that the index shows a downfall in those values for the CEO’s. That is really not a big deal and also not very amazing to note during this course of time. Everything is going random and the forecast are proving to give the negative results. Now those people are also human beings having some limits.. so this is not a big matter of surprise if their confidence index goes down....
But have you ever thought that what build their confidence? Is that the market conditions? Their Will power? Their Forecasting approach? Their Position? Their Work Pressure? Their Product's/Service's Positioning in the Market? The Business they deal with or the Life they live? I don't know... and to give an opinion the answers may be many ...
According to the Chief Executive Magazine, The CEO Confidence Index plummets 42.3 points to a record low of 58.2 points in October, based on a polling of 309 business executives...
one can also see the changes which happened in between the two consecutive months of Sept and Oct in the Confidence, Investment, Future confidence etc..
So what all are the factors behind this can be a very interesting topic to search. Is that only the US fin crisis ...oh that is obvious but if Obama is creating Change in the same course of time with the such conditions and pains in his head then why cant they is a big question...
So let us think about these interesting and Societal topics to get the World @ Power..
The link for the Chief Executive
Tuesday, October 21, 2008
But the reason for Google to reduce the hiring is that they are moving for some acquisitions as per Chief Executive Officer Eric Schmidt.
The slowdown means more advertising budgets are ``under stress'' and Google is being ``more careful,'' Schmidt said in an interview with Bloomberg Television in New York.
Google's profit growth slowed to its lowest level this year last quarter as some advertisers, including home and auto lenders, cut back on ad space to reduce costs. Shrinking ad budgets have hurt newspapers the most, Schmidt said.
``All of us are vulnerable,'' he said. ``It's a race between a contraction in advertising, which would affect everybody, and a very positive shift from offline to online.'' The shares have fallen 45 per cent this year on investors' concern that a weakening global economy will hurt ad sales. Google, based in Mountain View, California, climbed $6.78, or 1.8 per cent, to $379.32 at 4 pm in Nasdaq Stock Market trading. Google, which handles almost two-thirds of US Internet searches, has spent more than $3.38 billion in the past 12 months on acquisitions such as DoubleClick Inc to extend its lead over Yahoo Inc and Microsoft Corp. The company's dominance pushed Microsoft to make an unsolicited offer for Yahoo in January, a bid that fell though in May. A global credit crunch may cost the online-ad business $6.7 billion in lost sales through 2010, according to Collins Stewart Plc. Borrowing costs surged after at least 15 banks failed this year, hurt by the collapse of the subprime mortgage market. Earnings performance Profit rose 26 per cent to $1.35 billion, or $4.24 a share, in the third quarter, Google said last week. Excluding costs such as stock-based compensation, profit was $4.92, beating the $4.75 average analyst estimate, according to a Bloomberg survey.
Google has no plans to cut back employee perks, such as gourmet cafeterias, Schmidt told reporters today. The company will keep spending on dat
a centers in preparation for more ``cloud computing'' products, he said. Cloud computing lets users store information on the Internet and access it from any computer. ``We're in a massive shift from how we're doing computing,'' Schmidt said. Web search queries on mobile-phones are growing at a rate ``quite a bit higher'' than Google's overall expansion, Schmidt said. The company's Android operating system allows developers to create programs for mobile phones. T-Mobile USA Inc, a unit of Deutsche Telekom AG, will release the first Android-powered phone, the G1, on Oct 22 in the US. Newspaper revenue The economic slowdown may mean US Internet ad spending growth is less than 20 per cent next year, a rate not seen since 2002, Sandeep Aggarwal, an analyst at Collins Stewart in San Francisco, said last week. Selling ads for online news sites is also proving to be problematic, because readers spend an average of 22 minutes reading the print product versus an average four minutes spent on a newspaper's Web site, Aggarwal said. Schmidt said he doesn't know what newspapers should do about rising newsprint costs and the loss of advertising revenue. Schmidt has endorsed Democratic presidential nominee Barack Obama, and said the candidate could run Google. ``He's a pretty smart guy,'' said Schmidt, who reiterated that Google as a company is neutral in the election. ``I'm sure he could learn how to do it.'' Schmidt also called for greater transparency from the US government, saying it should publish an itemised budget every year. Washington is ``dysfunctional,'' he said.
- Opportunity 1: Second-biggest market-With IT services market worth $108 billion, Japan has the second largest information technology market in the world. India’s share in this market ranges between mere $1 to 1.5 billion. Incidentally, offshoring is limited to 8-10 per cent of the total market. Japan is also the world’s a second largest economy and is highly dependent on technology. Presently, Japan makes for only 2 per cent of India’s exports.
- Opportunity 2: Application development-Japan has low overall IT spending with spend/sales ratio being around 1-1.5 per cent for most industries as compared to around 3.5- 4 per cent in the US. BFSI and manufacturing are the highest spenders amongst all industries. Embedded systems development and engineering and R&D services are the prospective quick win service offerings for Indian vendors. Application development and maintenance are the next big opportunities. Japan witnesses heavy preference for custom-built applications over packaged software with most Japanese companies continuing to operate legacy mainframe applications, requiring extensive COBOL skills to maintain and enhance their systems.
- Opportunity 3: Implementation opportunities-There has been an increased willingness among Japanese companies to adopt packaged products over custom development in the wake of global competition. This change offers huge implementation opportunities for Indian companies. Also, there is opportunity for Indian IT companies to establish themselves as the high-end service providers, with differentiated service offerings compared to their Chinese counterparts.
- Opportunity 4: Manpower shortage-The aging Japanese economy in its expansion phase is facing acute manpower shortage and strong global competition in terms of cost as well as innovation. This is forcing companies in Japan to look for alternatives for sourcing services as well as to look for newer markets. India is a natural ally, complementing the needs with its excellent service delivery expertise and a huge consumer market Indian IT vendors are regarded high on technology and domain competence, with fast ramp-up capabilities. The companies are also seen as low on cost and with a better IP protection environment than China. There is respect for Indian culture as well as recognition of the prowess of the Indian IT sector in Japan. Along with these ample opportunities, there are also some challenges that threaten to offset this huge opportunity for Indian IT. Next three pages talk about the same.
- Challenge 1: Chinese monopoly-So far China is the biggest offshoring partner for Japan, accounting for over 50 per cent of the total offshoring. Cultural homogeneity is the single biggest factor for choice of China as preferred offshoring partner. Services offshored to China are low-end IT services of coding, testing and BPO. However lately, there have been concerns over offshoring to China due to its limited capabilities to manage large complex projects, lack of high-end domain and technical expertise, inadequate data privacy and IP protection and high-attrition rate
- Challenge 2: Oligopoly culture-The Japanese IT service provider industry is organised based on the Keiretsu model where the supply chain is vertically integrated with interlocking business relationships and shareholdings. There is oligopolistic control on clients and most clients do not have a credible alternative. Also, incumbent IT services hierarchy offers little incentive for Indian IT companies keen on working at high-end technology levels.
- Challenge 3: IT regarded cost centre-Another challenge is the general perspective towards technology spending. IT is often viewed as a cost centre and not as a strategic enabler by Japanese companies. In fact, there is almost no concept of the CIO office. There are also high barriers to entry in terms of language and cultural compatibility. Having served global clients, most Indian IT companies struggle to cope with the immature IT project management practices followed in Japan.
So the opportunities and the competition are going hand in hand. Now the Indian IT players can be the winner of the race if they can provide the best of the product in the minimum price with the superb value additional features. They also need to do the business after a deep and through understanding of the Japanese culture...
- Right time to invest in opportunities-The best time to invest is always when things are at rock bottom. Look for opportunities in markets like India and Middle East.
- Maximum opportunities abound in such times-Paraphrasing Charles Dickens he says, "in the winter of despair, lies the spring of hope."
- Maximize usage of assets-"Make assets go as far as they can by increasing their use."
- Cut down discretionary expense-"To make assets go as far as they can by increasing their use," and critically, "cut down discretionary expense."
- Be absolutely customer centric-"We must have a clear solution that will help our customer's business in these troubled times, so Wipro can be seen as a partner of choice compared to our competition."
- Squeeze out every ounce of productivity- it's time for employees to adopt multi-tasking approach and maximize productivity.
- Manage risks-Given that global slowdown is a reality with recession looming large, it is time to hedge risks. Especially in the scenario in which US -- reeling under a financial crisis, is IT companies’ biggest market.
So, we can see that the leaders and elders of family are guiding with a lot motivation and positive insight to lead them.
Saturday, October 18, 2008
There are certain reasons for the countries because of which they are not that much in the trouble zone. The very first reason is the Tradition and Culture of Business. When one talks about China, people are of very quite and silent type. By their culture itself they don't use to speak too much and the same they use to do in their Business. So what happens is that they becomes more concerned and can put their deep thought to do their business. They have the basic philosophy that "Stay one Step Ahead your Competitors". Even today, there are certain companies in China which are making big money and they are the Domestic Players, not Global. As they don't show off too much they have the sufficient reserve with them. They have taken and will continue to follow and develop new strategies. They are going to reduce the cost ie Cost Cutting Strategy. And when the entire globe in trying to get rid of the Financial Crisis, they people are more relaxed, spending money in R&D. They are developing their product during this tough time, so that after the Financial Crisis, they can Lead the market. This all the happenings remembers me about the economic recession in Hong Kong in 1993, when the real state in Shanghai has taken a big turn to become the Hub for the Asian Market.The co relation between that time and this time is that they have taken a shift in the strategies in the context of Long term and short term. In 1993, they have developed Long term Strategy and today they have taken the shift from the short term to a long term strategy.
Someone has truly said that " Winners are those people who work on Long term focus" and that holds quite true in the case of China
Wednesday, October 8, 2008
this is the word (or feeing) which everyone wants to achieve at the end of the day or at the end of Life and Business.
Yesterday I was going through some of the articles and I came through a site http://positivesharing.com/
This site is about the CHO (Chief Happiness Officer). The thing which was of interest for me was that -Is this the necessity of time or per say Demand of Time to create such a post in companies called as CHO. I don't know!!!
But the fact says that a person can give the best output if he/she is in Happy mood. This is not only about the fact but there were a number of psychologists who have given light on the same in favor of the same. There has been a lot increase in Employee Retention Rate because of several reasons. The one of the very causes was the Happiness or Satisfaction Level which is not achieved by the workers from the companies. No companies tries to be rude with the employees but the perception of people differs in terms of there Satisfaction levels. Not only this but a number of suicide cases happening all around in several of the companies because of several reasons. Several HR practices were implemented and many have shown there results but still the situation goes out of entire control. So there is probably a need for the organizations to look after these effects so as to put their Human Assets under the roof of Happiness... and that probably demands a person like CHO ....
Of course this is the tough time for the business word and hence for a number of companies. The part which is affected most because as the end to end terminal linkage between the companies and the customers is the important to discuss about. Yeah .. I am talking about the Marketing people and the strategies… the companies need the lesser budgets from all the departments to sanction and hence a marketing manager need to do the same by reducing the expenditure in terms of the advertisement exp. and the promotion etc. So there comes a need of developing a strategy for this…
The recent article which I read was of worth for this ( by Laura Lake) putting forward the concept of LOW COST or NO COST Marketing…
To give you people a brief of it …
That concept says that the companies should reduce there costs of products by reducing there expenditure of advertisement and the promotion exp etc. There were a number of ways suggested by the author such as-
Companies should create a Network at events.
The people should be sent from the organizations to Attend public meetings.
Creating a "useful" handout will also be beneficial.
Create joint-ventures is also good i.e. with the copywriters, designers etc
Write letters to editors of local newspapers and business publications
So these can be the easier ways and the EASY TO REACH IN LESSER COST APPROACH…(but with not the economical costs included)
So lets hope that this works in organizations during the tough time to recession and inflation…
Monday, October 6, 2008
Stop this is not like that. Nobody is proposing anyone through this bill hording but this is just the marketing ploy by Helzberg’s Diamonds. Hows that ?
Actually this company is doing a number of viral marketing and this is one of them...
So the Buzz is now in the Air.
By the way, if a simple change in the font size may bring such an effective pull for the eyes and let the human Brains think of something... than it becomes great..isn't it?
So make changes and be creative because the ways of marketing are changing and it might is possible that you can easily attract anyone to just have a look and wonder about the reality and give a smile .....this makes the sales job easier....
Sunday, October 5, 2008
Some days back I read one article in McKinsey which I thought will be of worth to sharing with you all. The article was “Understanding Supply Chain Risk”. In this article they have mentioned number of factors (with the data) which are the Risk Elements for the Supply Chain of any business. They have shown the variance in the risk associated with different industries and companies with the relevant data given by the executives.
Here is a brief of the entire article-
2 out of 3 executives said that they feel risk associated with the Ability to supply their customers with Goods and Services Cost Effectively.
Lack of Well Trained Labour.
The lack of Confidence in the Companies to handle the Risks.
General availability, cost, quality of labor was the problem maiking 43% contribution in the risk
Reliabilty of Suppliers-33%
Commodities shortages/price fluctuations-29%
Fluctuations in foreign –exchange rates-23%
Intellectual properties theft-22%
Obsolescence of product inventory or technology-21%
War, terrorism, other geological concerns-15%
Problems with Supply Chain Infrastructure-11%
Plant breakdowns/mechanical failures-10%
So, friends, here goes the opportunities for the people who want to go in the part of the Supply Chain in any sort of business. Actually being a MBA one can look over these all above mentioned issues which are the problem or the risks for the SC of business and can build the competency level in him/her so as to serve the Gap required.
The other problems mentioned in the article was regarding the TOO MANY RISKS, TOO LITTLE TIME
To minimize this risk the companies go for the Performance Contract with the suppliers… and there were a lot more measures what a company takes.
In the further part of the article the Sarbanes-Oxley Act of 2002 has been mentioned and talked about its effect on the company’s ability to focus on and mitigate risks related to the SC.
The article also gives some of the helping tactics to the companies facing Risk in their SC.
So readers, this is a fantastic article by Mckinsey
Here goes the link for that- Understanding Supply Chain Risk
Friday, September 12, 2008
Started with the automobile industries, and then I thought that why not the best among it. I browsed for a number of stuffs in the same sector. I have collected the History of some of them. Have a look on these, preceding this- History of Automobile
and many more 2 come...
You, me and thou!
The strain over the deadly brain
Shatters the Will to gain
Thou again stand
Energy, motivation, gut, all……
Remains mere words
But they still stand firm,
The wall of China, the Eiffel tower shrunk
They stand and make the change
They cultivate the charisma by their interest level
And that’s how they won.
Nothing is bad or good, every thing been uncertain in this universe. And again the same goes true with the Life and the Business. From the time a child born till the time he/she dies, he/she develops the Id in every stage about the same or the different things. The lack of satisfaction developed in the Id comes next in the life in the form of ego, then how is that bad. In fact companies make money over this. For example if a child is deprived of the milk of mother goes for smoking, and doing those all things in which they can suck. This is because the basic necessity of sucking was hindered in the early stages of his /her life. And what the companies do is obvious, they makes cigarettes, cold drinks, straws, etc for them and make money. This is how they make money over the suppressed Ids of people. But the question is that how do they know this that the particular person is suffered of any Id needs. The answer is that they keep on studying the intelligence of human beings and that’s how they can estimate and predict their possibilities of doing business. They, then after segment the market according to the needs of their customers. Once the companies can become to know the personality of the customer they can easily provide the required things and thus can make the money. Actually the basic needs of every human beings as per the theory of Freud in the very beginning of life comes in play as the intrinsic form which is called as the Personality. Those needs are in the form of 5 stages. They are the Oral Stage, Anal Stage, Phallic Stage, the Latency Stage, and Genital Stage. Then after these stages finally develops the personality of the Human beings. And finally the companies make studies over these and hence they make money. If those Id needs are not satisfied this qualities develop in something which people call as the Ego and finally the pressure in the Human beings grows so much that the pressure bursts in the form of Superego. Then basically the companies are fulfilling those needs of humans and hence doing a thing which is very good and noble thing for them. Thus, if those things are not fulfilled ie the Id needs are not fulfilled and the person becomes Egoistic or Super egoistic then what is wrong in this is the question. Think and wait till the next...
Monday, September 8, 2008
This is helpful for both the students and the corporates as it contains a huge knowledge base in it. This contains a list of more than 42,000 public and 322,000 private companies worldwide. They also provide-"Find stock quotes and charts, news and press releases, financials and key competitors. Research compensation figures, biographies, and board relationships of key company executives. Read up-to-the-minute global sector and industry news."
To check this - CIC
Working Paper: Wellsprings of Creation: Perturbation and the Paradox of the Highly Disciplined Organization
Sunday, September 7, 2008
Here are some of the Business Magazines for you all. Have a look on these-
The Fast Company
and many more will be here very soon..
Thursday, September 4, 2008
Actually this may not be a 100% truth but many of the times the work we do in our life, we feel like it is not of worth but what happens in reality is that all those things which we feel are not of any importance becomes valuable when we put a little amount of Intelligence in that so as to correlate that with our ultimate Aim of Life. You may actually check this with your own life. Just do this as an experiment.
But there are certain suggestions which you must have to follow. Behave as before and don’t take the correlation of the work you are doing with the aim of your life or the Specialization you are trying to gain, in the every beginning. Do the things as usual and than try to correlate that at the end of the day. Whatever you will feel, will for sure give you a feeling of satisfaction. So just check this out and give the suggestions if you have any regarding this… so as to find out that what the impacts of our BUSINESSES are on our LIFE
So to share with you some of the links both the short and long term games are-
Since Innovation has become the theme and the base line for most of the companies of the world, will they do it in spite of the less return which is the base line for any company? How far is these all going to effect them and what all are the ways by which they can maximize the return on Innovation i.e. Monetization of Innovation in the best possible ways. Will the Cost incurred in Innovating be reduced, again with no compromise with the quality and the value of the product possible? Are some new case studies as the pitfalls in Innovation going to come before the MBA scholars and companies? Let us put our brains and find the ways. May be some new Strategies can be developed…
Here is the BCG report…
Tuesday, September 2, 2008
The biggest of the companies in the world are shifted from being a product to the customer centric approach in their businesses. Be it an IT company, FMCG, Hospitality or anyone else; if not having the monopoly like GE over the market, more or less this P2Cc i.e. Product to Customer Centric shift can be seen. But, is that the real thing or something else happens can be the theme of discussion?
The word customization, individualization etc are the ways by which companies are directly achieving the main purpose of satisfying their customer’s needs. Now a very interesting thing which comes forward is that the companies are developing the Product and reducing their Risk factor associated with the Product as they already are the CDP (Customer’s Designed Product). Thus by being Customer centric they can do several things and hence can reduce their R&D cost associated with the PD and the marketing cost as well. The Risk factor is also reduced till a bit of extend, adding-up in their Risk Management. The examples may be many-
DELL, Google.com, Nokia, Orkut.com, BMW, Linux etc
There are many more and the matter of fact becomes much more of interest when we see that the need and the demand of the customers is the common target for all of these. They basically want to know that what the customer can design for him/her if they are made the developer. Thus the companies are tilting towards that what is happening behind the thirst i.e. the mighty Brain, which is more or less the main responsible factor for their growth cycle.
The focus is now the Brain and there are a number of researches going on the study of Human Brain. Once there was a time labor force was the factor for attention. Then came the era of Technology and further the Product, Customer and now is their Brain. Where it will end, it can’t be easily said or predicted but as the cycle passes on the factors of attention keeps on integrating with each other.
The intelligence and emotions are both the focus of study these days as the IQ only is not required for the companies as they need both-customers and the Employees with a greater level of IQ and EQ. Let us see that where it goes but wherever it will go, it will penetrate all.
Wednesday, August 13, 2008
How can a person achieve the dreams and convert the valuable of the thoughts into worth action if the real meaning is not there to live? How can a person be so soft and have the big dreams. The theory of ‘Survival of the Fittest’ has changed to the ‘Survival to the Fastest to Adapt.’
Now let me share with you one happening with me. This is a bit out of the track but not the context of discussion.
Once in my presentations I have said that ‘A person as a leader should be very polite, humble and democratic with all people but at the same time he/she must be very much authoritative, gentle and punctual with himself.’ Actually, this sentence was discovered by me when I was asked to hive the meaning of a Leader. This sentence may have different meanings for various people but for me this sentence has only one meaning i.e. a person should be kind hearted, loving, social, wise and humble with every beings he/she interacts but when the encounter of that particular person happens with him/her, he/she should show a sense of responsibility and royalty. One should not excuse himself/herself for any of the reasons.
The whole premise of that sentence in that presentation came up through a girl who stood in the class and gave her opinion about his. She, very gently said that ‘Sir, I disagree with this statement. The reason is that I lived according to this statement for certain time and what I found was that I became alone as the time passed and my mom and dad told me to be in society and not to be that much of a tough lady. Hence I mingled again with my friends and the feeling of being alone is no more now.’
The things became a bit scattered and the environment as well followed the same randomness. The entropy of that particular system (Brain) increased and with her ending I started speaking the things as reply for the defend and more over I again tried to make it scattered. But what was the exact thing which I wanted to tell that girl but felt unable as some one i has tied me in rope. Truly speaking it was probably me at that time who was stopping me for not to speak that. The reason behind this is really not known to me. But what all I can say is that –
Once a boy who was being taught by his parents to speak truth at any cost asked his dad that, “Dad, suppose I am facing a chance and the situation become very difficult and I was asked to speak the truth. I am knowing that if I am going to speak the truth than I will be killed without any reason and without asking any questions to me, but the same time if I am not speaking the truth I will be set free and coming out of that place I can handle as well as manage the things to let the truth appear of the surface of social bench i.e. before all. Now the question is that what should I do at that moment of time, should I go with truth or not?” It was very well known to that guy that his father can face any type of situation and can leave all the things but not the truth.
His dad tried to take away his small son of that question but the son asked again. Then the reply of his dad was something like this-“You should not speak truth for the moment because you are very much precious. You should come out of that situation and than try to manage the things.”
Again one more bombardment of question from that quite listing face which was very much careful and serious but soft while asking, “That Lie because of the matter that I am your son? What will you do, if that person will not be me but you? Will you compromise with your values for your Life?”
Dad looked a bit tense and nervous about these questions but he said immediately that, “If this is the case with me, I will never compromise with my values and I will speak Truth.”
Probably, this can give the answer that why I did not spoke and made the things clear.
Toughness for me is a different thing and for others it may be same or different. Again the variation varies from person to person.
The thing what I use to tell to me to justify this sentence and to adjust this with me and vice versa is that-
“WINNERS ARE ALWAYS ALONE AS THEY LEAVE PEOPLE AND EMOTIONS, VERY FAR BEHIND.”
The last thing what I remembered to put here is a quotation which was written somewhere.
are too busy
to be sad,
to be doubtful,
to be fearful,
and too determined
to be defeated.
I will wait for your comments and opinions friends and will be back though this blog LIFE and BUSINESS.
NOW comes the main part that the study of HUMAN BRAIN. All the functional departments of the organisations require the know-how of the way their employees and the stakeholders things that is the functioning of the BRAIN. The HR people have to know that for the behavior, way of thinking, interest in work etc to increase the efficiency and the effectiveness of manual work involved. For Finance people, again the same thing are required for the better and may be the best possible decision to take so as to increase the Value in the Organization. The marketing guy for the need to interact with both the sets i.e. for the inside people of the organization and for the outside people.
Hence one can see that how the things changed and the point of focus became precise and centralized with the change. People are doing study and already the developed and discovered study are used as the Primary source of data for the development and to be more focused so as to give the best of the result and again to get the maximum of the output.
But the thing for discussion may be that- what next? After Human Brain what will be the next target for study for the organisations? Will the change in the way of doing business will go back i.e. in the reverse cycle or some steps more. But any way there has been all the time a Philosophy of people that all the things have a decline time and also some follows a cyclic process. What will happen in the business scenario? What will be the seen if the fuel (oil) will be finished? Will the companies use the Solar or the nuclear energy as the source of power or will there be any other Fuel discovered? Will those new fuels will be of the same value and whether the efficiency will be effected or not? What will happen with the pollution and what control measures will people follow?
Any ways these all are the questions of the very far future but the situation may arise like that. And the biggest of all the questions at that time WHAT WILL BE THE TOPIC OF STUDY FOR THE NEXT DEVELOPMENT AT THAT TIME?