China during Financial Crisis

Dear All, as this is a tough time for all and everyone, all the nations are facing the same problem of Financial Crisis, but the scene is somewhat different in certain parts of Globe. neither people are afraid nor the companies. I read one article and got some learning which I am sharing with you all. China in financial Crisis.
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

CHIEF HAPPINESS OFFICER

Happiness....
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 ....

NO COST OR LOW COST MARKETING

Dear All,

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…

Will You Marry Me? - (John to Jennifer)

No No !!!!
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....

Risks in Supply chain

Dear All,

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

Regulatory concerns-36%

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%

Natural disasters-10%

Others-4%

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

Automobile Industry-History of Cars

Hi All,
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
BMW
Toyota
VW
Ford
Bugatti
Suzuki
Land Rover
Nissan
Mazda
GM
Audi
Porsche
Maruti Udyog
Ferrari
Rolls Royce
and many more 2 come...

Innovators (Change makers)

Cloaked under immense pressure

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.

Id,Ego and Superego

Id, Ego and Superego

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...

Article on Reengineering by Mckinsey

Here is the article on Reengineering by Mckinsey which has taken into consideration about the successes and failures happening in the process of Reengineering. Also the article gives a focus on the strength and weakness as the set of rules. The article is based on the studies they have made on several big companies like AT&T, Simiens etc The original article is here-

How to make reengineering really work

The Mind map is made by me which simply tells that the article in brief - Mind Map

Surf the Waves

Here is a glossary of Terms associated with MBA in several subjects. You can browse it anytime to have a look, so as to remember and learn them. They are for sure not the all, but at least the many and the best thing is that they are well defined...
QUICK MBA

Forbes Financial Glossary

BusinessWeek-Innovation CIC

Companies are Innovating from ages and now has become the time for the other class of people who provide knowledge by their databases and Insight. The BusinessWeek has developed such a tool called as CIC- Companies Insight Center.
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

HBS Articles

The best of the resources all around are there on the internet. The articles and the knowledge about various things, just one click and they are before you to serve the thirst of your knowledge. Here are some of the best shots which I came through in the form of articles from premier institute of Business i.e HBS, focussing on the Environmental safety management and developing Decision makers etc... have a look on this.

The Value of Environmental Activists

What Do You Think? Is Case Method Instruction Due for an Overhaul?

Working Paper: Wellsprings of Creation: Perturbation and the Paradox of the Highly Disciplined Organization

First Look: New Research by HBS Faculty

Business Magazines

There are a number of ways to increase your knowledge, the one best way is by reading books. This Earth is no more the Circular one, but is Flat now, (for learning)...
Here are some of the Business Magazines for you all. Have a look on these-
Money Today
The Economist
The Fast Company
Family Business
Fortune
Business 2.0
CEO Executive
and many more will be here very soon..

Wherever You Go, Whatever You Do; You add Experience!

Getting up at the early morning and a loose schedule throughout the day when you don’t have any work, whatever the crap things one is doing he/she is just adding something to his/her Experience. Ad more over the things become more of interest when the particular person applies his/her intellect to add all those happenings to the stream line of his/her goal.

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

A Game of Business In MBA Life.

There are a number of problems in our studies which can be very easy handled with the help of games. For MBA student there are a number of business games in market; either to know or understand about the share market or to learn about the basics of Marketing, Finance etc, and the things becomes easy when we move toward the Business games. These business games are in a great demand not only by the top B-schools of India but also in different foreign colleges. There are games which have a number of rounds in it at the same time there are many more such games which have a very short duration of ending and learning. These games have a lot of benefits as the team work, the real environment of work, the communication skills, the decision making skills and simply the learning one can get out of it are vast.

So to share with you some of the links both the short and long term games are-

Integration

VSE

Moneybhai control

Going for Innovation is Safer or Risky?

As per BGC report survey says that the Executives are very much bothered about the return of the Innovations they are getting. What will be the impact of this on Innovation? How far will it effect the growth and development of both the society and the company? Will it decrease the rate of Innovations happening or the number of innovations will get a downfall? These all are the burning and can be the point to think about?

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…

BCG Report

Brains in Brain!

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.

TOUGHIE

Have you ever tried to be in senses, working without taking rest for more than 3 days continuously? Have you checked your elastic limit of work? Have you tried to sleep in spite of having a terrible headache due to your work pressure? For most of us, the answer will be NO. The reason behind this is the fact that we never wants to check the upper and lower limit of our working capacity. Definitely a common healthy person will not die if he/she tries these kinds of things; the only thing what can happen may be that, that person may become ill and not more than that. For illness again one can take rest or medicines.

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.

Winners

are too busy

to be sad,

too positive

to be doubtful,

too optimistic

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.

Variable Focus

There was a time when the things were so easy that mom’s call a boy used to go to the next door shop keeper and ask for the things and taking those all he goes back to his house. But with the changing system and development in the Businesses every thing changed. Those past ways of doing business was the Relationship base business. The things changed to the Product focused business and then after the process based and finally the customer focused. If one will read out the facts and the case during these periods than one can very well say that the component HUMAN remained common. I feel that since this factor remained common, it s of most importance since all the things are carried out by and done for the same HUMAN beings. As HUMAN beings acts because of the functioning and by the direction of their BRAIN, it became the main focus of all.

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?

A Brief History Of Time

Dear friends, these days I am in between words and not mugging up the same theories and business strategies. yeah I have got a lot of time for reading out those books which were in my mind, they are giving me a lot of learning and a very fine company. The recent book I have finished is 'A brief History of Time' written by a great scientist Mr. Stephen Hawking. While going through the pages of that book I was feeling that if I was in my class of physics and as I am returned back to my science books that I have left earlier. This book discusses about the question for the creation of this Universe and Us. This book gives a scientific look about the questions which are very rarely asked. This also shows the how the philosophy of Aristotle and other philosophers was having importance and how the stream of philosophy and science came to meet at some point. This book doesn't contain any mathematical equations but the fact is put is the same mathematical form with the help of words that can please both a person who is of Science background and of other streams. This contains the theories of nearly all the great scientists who have given their postulates in the Astrophysics, Metaphysics, and topics like relativity which has covered Newton, Einstein and all others.
It has given me the answer of a lot of questions and has added a lot for my life. Moreover it was thrill and learning about the story of Start of Time through the Big Bang and the End of it by Big Crunch.
Will be covering the other silent mentors and posting a brief idea very soon.

Insight and Intuition

Insight and Intuition

The difference between these two and a story after a long period of time is here.

Insight is the ability to see and understand the truth about people or situations, while Intuition is the ability to know something by using your feelings rather than considering the facts.

Friends, I feel that both of these are very powerful but I don’t know why Intuition is the one which have a greater pull of attraction for me and my daily life. In Business the usage of Insight is more than that of Intuition, but for Life; Intuition plays a greater role. As for nowadays the business is turning more towards the democratic form and the things are becoming more or less very open the Intuition is playing its efficient part here also.

In insight the truth is already there and a person analyses it and comes to a conclusion or a decision or else things. Hence Insight have nearly no risk or very less risk. But in Intuition what happens is; a person claims on something which is not because of the given facts which he/she analyses but may be because of the experience or the feelings about the concerned topic. Thus the greater risk is in Intuition. Truly said the Greater the Risk; More is the Profit.

To make strategies, to start a new business or to take any decisions of life both are required. Friends we can very well analyze the given data and come to a conclusion but for Intuition, may be it requires a very minute and experimental way of daily living or a simple experience of many years of this LIFE and BUSINESS.

So friends, share with me your views about these through your comments and let us develop and make both of these stronger to embed in our style for a healthier LIFE and BUSINESS.

Hush-hush

Hush-hush

The world is moving towards Globalization and the business as well but still the human tendency is not having the move in the same direction. Every one wants to share, but no one wants to disclose the innerness and hence I feel that all are cheating all just for some goals. As all the sharing of knowledge, data and information are for the just to achieve a particular goal or aim. In business, the demand of innovation and creativity are the need for sharing and in our life the aim to be let the other feel and understand you is the reason for the sharing. I would like to give some idea and better a comment about this Hush-hush in Business and Life. In business the strategies, plans and tactics are made and meanwhile the so called sharing and democracy like of fake words are used to show the world that yeah we are together. This is not fair at all as this is a cheat and it should not be done. If one has to do so, than do it, don’t be so good and do the wrong things. In the same manner in human life also this hush-hush happens people comes so closer that the feeling of innerness is created and what is generally behind that is some what which is really the worst of all the things. If you have to do the things to cheat the others is O.k. but do that in the correct way. The Hush-hush happens because of several things. The feeling that the others are smarter than us is the cause. The cheat and the wrong deeds may be the other cause. The person is not having confidence in him/herself. The discloser of the plans and ideas may be utilized by others, which means that the person is not Agile than the others. The person is a coward that he/she fears of the out come. The person is not having the faith in him/her and also in the people. The person is mentally weak and he/she things that he/she is doing the smartest thing and hence they should not share but follow the Hush-hush strategy.

The impacts of this Hush-hush are many-

The level of respect from the people around you will go down. The self respect decreases. The person may get success, but a short term success. The person may loose several things while doing so. And may be a time can come that the particular person can feel bad about the things done by him/her.

What should be done? I personally feel that the “GAME SHOULD BE AN OPEN ONE ALWAYS”. Even if the firm wants to do the biggest thing it should not be in light. Who are the people and what are the assets which are going to be affected by that particular move should be very open. This reduces the risk and then the concerned organization is very much desired and also binds itself to achieve the particular goal or objective.

Also the negative impacts of the process will not affect the people as they already know and they would have adapted or chosen the alternate way for the problem.

The ultimate sense is the “OPEN GAME”.
The example may be what Vijay Malya has done in his business, what Google use to do, what most of the companies of the world used to and those all says that the game is open and everyone knows everything. This everything may be the perception, the opinion, the thoughts, the reality or whatever. It should not the matter for the company. For the competitors the game is tacked by their Intuition. If the intuition of that company is good than they can know and if not they will believe in any Mirage Idea.

Hence OPEN THE GAME AND LET THE OTHER FIND THE REALITY OR TRUTH.

FOCUS ON INNOVATION

Dear Readers, this is the new post in which I have tried to put some matter of thoughts which I feel is happening in the prospect of Innovation, nowadays. The Innovation itself is coming in the trouble and it demands Innovation for itself.

What I am writing is simply a concept or a fact less Idea or philosophy. Here is a thought for Innovation by me.

Check this-

FOCUS ON INNOVATION

Why Do We Race?

Everyone is running in today’s world. Some run for money, some for achievement of name and fame. And the others I don’t know. But what is the reality behind any race?

Some people like says that they run for winning. Whether they are correct or not? Will they definitely Win or is the only thought for the begin of the race? The same people when defeated says that it was not the ultimate issue of winning the race but the participation was the need for them, they carried the thought of winning the race which up streamed them throughout the race.

Some people run for defeating the other participants. Some run for understanding the Life and some run to become the star who keeps on shining in the pages of history. Mind this also readers that there are also the number of racers who race just for the sake of running.

Some days back I was going to my college with one of my friend and he was driving very fast. I asked him, “Why is he driving so fast?” He replied that race is his passion. I got that race can be the Passion for some people and hence they run. The other moment I saw a car which passed next to us and was thinking that what could be his aim behind the race? Was he racing or is the brand of the car which is converting his normal speed into the racing speed and making that particular person in race. Yeah it may be. But again that was a race on the automobile and what about the race of this Life.

I feel that everyone of this universe is racing mainly for two aims. The one could be to estimate their potential or to show it to others. And the other is to make the life more challenging or to face the challenges so that the entropy of his/her life can be reduced…whatever it is but believe me whenever I race in my life I enjoy a lot and I really don’t bother about the results but the learning which I use to get of all those races is the matter of concern for me …now and hope that will be ever

Regional Imbalance

Regional Imbalance

This world is an organization and the countries are the functional part of this world. Also this world is becoming a village and the reach to the farthest distances are in a very easy reach of one and all. This is really fantastic and is very much due to the help of IT and technology. People can do a number of works and the way is also simpler now as compared to before.

But the question which arises is that whether there is any integration among all the regions or is just a fake relation for the progress and development made between one and all. I should say that there are a lot of benefits because of the world coming closer and integrated. The business, the knowledge sharing and the cultural flow is happening. Is, really the world integrated and are the regions balanced?

If not then what are the factors for this? Is it you and me or is the government responsible for that? Let’s take a journey of the examples regarding these all regional balances and imbalances.

1) The nuclear deal with US- what has happened and what is going about this N- deal is a big question for all. This can be among one factor which imbalances the regional effort which was created by a number of persons working there in America who are Indian and also the same time a number of American People who are attached to India by one way or the other.

2) The regional imbalance is counterfeited by several organizations of this world that have the one and ultimate aim to reduce the barriers and to create a democratic system for everyone. The one best example can be the UNO.

3) The European Trade Union and such types of systems are still a barrier which are creating a sense of imbalance on the regional basis.

4) Taking example of the Asian nations Islam and the religions are acting as the factor for the regional imbalance which is prevailing all across the globe.

5) The African nations are very much tried to integrate but still the color is the factor for the discrimination and hence the imbalance which again helps the regional imbalance.

6) The minerals within any country are used by one and all but now a days regional imbalance is happening because of such a cause.

7) The economy is not at all the barrier and hope that in the coming days also nothing such will happen in the business ways. The reason may be the aim of business is integrate and assembling of the market and to spread a particular business all across the world. Some of the examples could be the Google; McKinsey etc are the good examples. The health care industries are also the good one which is noble one to reduce the imbalance among the regional basis.

Actually, we are ABSENT for that day

The day when we attend the class and don’t speak a word means, that we are absent for that day. I think that the teacher shouldn’t mark present for the scholars for that particular day.

Voice is one of the most important things which represent our presence in the system. If one is unable to speak i.e. a Dumb than that is a different story but if one can speak and then even he/she wants to be in the comfort zone means that person is absent for that day. This doesn’t means that any one is allowed to speak any thing but the meaningful sentences or the word.

We don’t remain in our comfort zone.

The fear of speaking goes away.

The interest is cultivated.

The knowledge sharing increases and helps us and everyone around us.

The wrong information or knowledge doesn’t remains within us as it is cleared by others.

The reach to goal and a sense of achievement is felt.

Confidence is build within us by speaking.

A sense of respect can be seen and moreover a self actualization is done by this process.

Hence friends lets don’t be in our comfort zone and speak up in the classes for gaining all the above or at least one of these. It can be a very good experiment with us. If this doesn’t work then what goes? Nothing …. Let’s try this….

CEO

Be the CEO of your Company

Cells, Tissues, Organs, Organ Systems and finally a Man or simply a Human Being…

What is this?

Ok…..before all these let me tell you something about a Company. What is a company? It is a group of people who use to do the things for some common goal or purpose. And what is our body? It is also the same as a company because all the parts are integrated to make several processed having a common goal. All the cells and tissues forming the organ systems have the common goal in the body. Now there is a CEO for a company and what about this human body? Who is the CEO?

Is it you or is someone else? Is there some alliance between you and some other person or your company or is it you who takes the decisions for the processes? The answer could be different but the fact is that IT IS ONLY YOU AND YOU WHO IS THE CEO OF THIS ESTEEMED COMPANY-your own body. We keep on building day to day strategies and we also make our own values and ethics as in an organization. What a similarity….fantastic; isn’t it? A company is born sometime and the same is us. A company has relations and stakeholders and the same is with us also. We have a number of relations with people and the employees are within our own body. Yeah really it is our own mind which governs each and everything. We are the CEO; if not in a MNC then what it is our own company. The directors are the family members and our parents. Each and every member keeps on trying over the competitive advantage over us same as in a corporate world. I call this world as the HUMAN world rather than the corporate world.

There are very limited companies in the corporate world and the numbers of people who want to become a CEO are in numbers than what remains the option before one? It is the ownership of the same company in which we are working. Once we will assume this as company and start working for it, it will be a real fun and the level of confidence, the time management, the situation management and the opportunity cost, the ledger and the balance sheet ….all will be in our hand and we will be able to comply with the rules and regulations of our body very well…

So friends keep on working and see the effect and believe me for that, you will feel the change and development within …

Give me the feedback so that I can become able to make this a worthwhile…one…

Again and as usual this is a battleground LIFE and here we do our BUSINESS; either this way or the other…..

Dynamic Processes

Dear All,
What is a dynamic process?
simple ... isn't it?
The process which is dynamic is called a Dynamic Process.
now comes the fun and the game.
how come we say that a process is dynamic in nature? Are there some standard,to measure the momentum of any process or is just the simple vision?
yea.. it is some of the times the vision and perception and many of the times the facts of standard. There is a sequence of any process and many times the next steps followed is considered as the dynamic state of it. This is also true. But what really could satisfy the means and justification of the word 'Dynamic'. CHANGE.....
SIMPLY THE CHANGE...
Change is the only constant, in this entire universe and that is the justification with the word DYNAMIC.. became complicated yea friends this is the effect of the word change and dynamic. Once these happens either in any concepts of BUSINESS or in the ways of LIFE, it brings a sense of disturbance to make a new reality to be known to the world. One becomes unstable to reach a better standard of stability. In the process of Innovation the Change is the factor and in the process of Knowledge Management the Dynamic word plays its role...
How easy the world is and how complicated the things are made....
Again this is because it is LIFE and we never stops of doing our BUSINESSES...

Knowledge Management

Dear Friends,
Here is one more article by me on Knowledge Management...following the first one on Innovation for India.
waiting for comment and feedback about KM and this article...
check this:
knowledge management

Situation ans Silence

Dear Friends,
The word or the world of silence...

How good or bad it is? Situation is the parent of Silence and we are the victims or the gainers. Any ways... it is always the fun and zeal to live a world which is silent and the discoverer of whose is SITUATION itself, the most powerful of all. Suppose for a while that we cant speak!
Will it be a terrible one of the situations or the real fun one can enjoy?
Exams the time when someone is going to judge us....
Puzzled and Silent or some estimating their learning in their own mind and there are also the number in mass who disturbs the wave of silence... the classes turns into library...The corridor is as silent as the college is closed for that day or the couple of more..
Why one turns silent? Is that the way to make the learning easy or is the way to show the sincerity for learning or doing any piece of work? Whatever... doesn't matter
but no one comes and says to keep quite is the overall benefit and the situation again is the mother to give the result of its kid SILENCE which we adore for these days through the RESULT...

Over all this is LIFE, she plays her role and we do our BUSINESS...

International Monetary System and BRETTON WOODS System...

Dear friends,
Here is something useful...
check this:
http://kumargauravmishra9.googlepages.com/internationalmonetarysystemandbrettonwoo

Speaking and Implementing

Dear Friends,
I have seen a lot of people speaking much about several things. I appreciate and respect their guts of speaking when the wind is blowing against them. It turns some people to the core of fun and enjoyment. But at the same time some people feel that such people are nonsense, they keep on speaking and they don't do the things they speak.
From last one month I was observing and doing research for this small thought and what I found was amazing.
I got a man who speaks a lot, having the desire to be an entrepreneur and no doubt he is able to convert his skills and resources. But, here comes the word BUT..... why this came?
because of the matter of fact that whatever he speaks remains the form of energy in this universe and not the truth to be seen by us..
He was unable to follow his own words and for that matter he is loosing several things and god knows what will be the future .... may god the brightest one...
MORAL of this POST-
When a person gets the talent to speak and the Knowledge in bits and pieces..... it is really very dangerous because for that person nothing remains GOOD except HE himself.
Learn alot and then speak is the best formula to apply so that people may appreciate you and your knowledge.

Two types of Human beings and Work.

Dear Readers

Very well said by Edwin H Stuart (An American actor) “Men who do things without being told draw the most wages.”

There are two types of persons in the prospect of doing work, the one who do the work after being told and the other who use to initiate by themselves. Most of the time people of the first category are right in doing any task. The fear of being wrong makes the category of the first type of people the same and they never try to experiment. Such person seldom creates history while the other groups are of scientist nature and they keep walking on the path of change, discovery, invention and innovation. This is not the fact for those people of the first category that they can’t turn themselves into the other one and vice versa.

For the people of the first category there needs motivation of themselves and the need of inspiration for ignition. I am saying ignition because I categorize the Group 2 people as the burning one.

The same time the people of the second category will change if they don’t add the flavors of interest in their job.

The CHANGE can’t be bound because that’s the only CONSTANT…..

So dear readers it is fine to be in any of the above categories, but the matter of discussion is that whether YOU want to create history or not…

Think and then categorize yourself….

Arrogance

This word is very common in our life. This word is mostly the sense of curse and abuse for all, but for me every word has its meaning which contains both the positive and negative aspects and the same with this ‘Arrogance’. It means Overconfidence or Egoism or Pride or Superciliousness.

For a matter of discussion I would like to ask that when a person becomes Overconfident or when Pride of his/her own comes in him/her? The answer could be many and it will vary from person to person. Again one query pains my head that why after killing Ravana in Ramayana, Lord Ram sent his younger to him to gain the words of knowledge? Was Ravana not an arrogant person? Ram is God. What was the need of sending Laxman to him?

The answer in my opinion could be many and for the matter of fact we can’t deny that Ravana was an arrogant person but the person of immense knowledge.

Sometimes it happens with us also that we become arrogant but why the person in front never thinks … this is the thing which a person contains in him/her, or is the madness he possess or he thinks that everyone else him is fool and he is the most intellectual one…what is the fault in this… if one possess let him cheer, no matter is the way of arrogance… he is not going to hurt anyone ….if he does so than it is a sin and a crime…

See the photo here, the ladder takes one up through one side but it doesn't have any chance than to jump on the other one...

The very first Inventions were Innovations.

Dear friends,

Here is an opinion by me which separates Invention from Innovation to very much extend.

From the early history of mankind and development there were several inventions and most of those inventions were Innovations except a few. This is a proven fact that the discovery of electric current by Benjamin Franklin, the inventions of Alexander Graham Bell and Thomas Edison, momentous flight of the Wright brothers, Dr. Jagdish Chandra Basu results on plants or anyone else were innovations because of the fact that in the definition of innovation itself it is said that anything which is entirely new is Innovation. Now the matter of discussion is that whether these things were not new of there type or is the definition of innovation is not correct. It should also be noted that discovery is a different thing than invention and innovation because discovered things are those which are already present.

Here I would like to add one more thing that knowledge management plays a vital role in the process of invention but at the same time this is not a fact for all the inventions. But as far as innovation is considered KM is mostly the constructive source except a few. It is a hot going debate and will continue for some days in this blog…. Keep in touch…

It is the time let us do anything either it is Innovation, Invention or Discovery.

ISBR

From the early first day to the day of today this body has provided me a lot and is enhancing my skills day by day. The capstone, the Thomas International techniques, the platform of events and several other activities, shows the management process of this college. The very first time students participated in the NEN from this college and they were in the position of the rankers. The lecturers having the vast knowledge in their fields and the exposure to the outer corporate world are immense through this. The France trip for the BEM College is a chance for students to go abroad and learn more as the tag line says

REAL WORLD REAL LEARNING…… ISBR

This is paying a lot for us let us utilize to the fullest very sincerely.

THE PLAN GOES PARALLEL

Business doesn’t remain the same as compared as early days. It is now grown and developed like anything. It was a time when people use to get up early so that they may reach the market to buy things and also to sell their own products but now the situation is changed. It was not even imaginary that we will sleep and our business will run.

Some days back, I was in a queue to withdraw money from the ATM and I saw that the bank near that ATM was closed. I thought that this is closed and the business of selling the policies can’t be handled from this place now, the same moment I saw a board with a policy written on it. I thought of the entire INTERNET and other call centers which were running parallel for the business of that firm and I came to know that I was wrong. This is the age of IT and this has made everything too easy and simple that we can’t even think of.

See the magic and keep analyzing, we somewhere and somehow come in the reign of this IT where every thing goes PARALLEL.

Dilemma of Customers or WHAT?

What a dilemma is this?

Customers are the point of concentration of all the firms and it is only the customer base only which makes a company like Wal-Mart, Google and others to stand in the top Fortune list...
The market are shifting from the PRODUCT based to the CUSTOMERS based marketing and the techniques of ERP and CRM are used by one and all. Here, sometimes happens the situation of confusion among the customers whether they should use the product or not... who will give the solution of such problems?
Phizer.Ltd, the Indian unit of the US based pharmaceutical giant has launched an anti- smoking drug here named Varenicline sold as Champix which has the course treatment of three months and the charge comes Rs. 9,500.
Any smoker has a probability of cancer and death, but this medicine as an anti-smoking drug can be able to solve this problem but the problem comes for a customer when there is no any surety that the medicine or any product is good for them or not. It is like the situation in which one side is the sea and the other side is a bay. What to do and what not to do? This problem comes only for the customers who really want to quit smoking not for the others.

The company should come forward and say that the product is totally good to use so that we as a customers can be assured to use it as it will not possess any harm.