Thursday, February 3, 2011

Apologies!!!!

Hi Friends,

Am sure this would be my 1st post after an year. Am sure this is not good sign.

I am sure, from hereon i will try my hard to be regular.

So, jus i was thinking about what to write after a long gap. Jus got a word, "transformation"

So, my next post will be on "transformation"!!! Jus guess wat kind of transformation am gonna talk here!!!

Apologies!!!!

Hi Friends,

Am sure this would be my 1st post after an year. Am sure this is not good sign.

I am sure, from hereon i will try my hard to be regular.

So, jus i was thinking about what to write after a long gap. Jus got a word, "transformation"

So, my next post will be on "transformation"!!! Jus guess wat kind of transformation am gonna talk here!!!

Sunday, January 31, 2010

Global economic outlook!! - just gas!!!

After keen on Haiti problems, its time to move on with some serious stuff such as rethinking and redesigning, the topic for this year. People were keen to hear about “rethinking capitalism” by William George, professor of management practice, Harvard business school.

“A sudden global recession, massive government bail-outs and a steep loss of public trust in corporations have forced a re-examination of the spirit and structure of capitalism. What elements of market capitalism should be rethought? “The discussion had this in their mind, and got some key points (as summed up in the website)

The global financial meltdown has forced a critical re-evaluation of market capitalism

• Despite its flaws, global capitalism has done enormous good for the world by bringing people out of poverty. But it must be improved to serve everyone in the system

• Currently, we are in the middle of a financial crisis, an energy crisis and a job crisis, all of which result in a trust crisis. For capitalism to thrive once again, it must become a “cohesive capitalism”, coalescing individuals driven by market incentives but constrained by conscience

• There is a general need for a global regulatory framework. One panelist suggested that the World Economic Forum’s Global Redesign Initiative might encompass such a framework; others suggested that the G20 should formulate a structure

Global design Redesigned

Will this title end up with the ideas of Balki, as he explained in Paa recently! (A white globe made by Auro).

Effective global governance requires not only nations to agree on common goals but also to design and build the systems and institutions that can achieve them. The entire discussion was centered on “How can global governance are significantly improved in the 21st Century?”

These were the high lights on Day2.

Global development takes another day in their annual meeting

Global development forms a key part of the day's discussions, Climate change is a focal point, with a session on post-Copenhagen commitments, both immediate and long term. This is my area of interest. I am keen in watching this and following this for a long time.

But shocking, I couldn’t see any thing happening there. Still they are only “Talking”. As far I ve seen people are talking a lot but they are not doing anything. Complaining, blowing their own trumpet, and appreciating their own initiatives in global arena, these are some of those notable points during this summit.

Probably my expectations were too big. Let me see how day 4 would be.

Day 4, hoping for actions!

With a huge round of applause the day kicked off with marketing of football team of SA, for their forth coming world cup. Am not interested in this, cos I was keener on topic that was as hot as “Climate”. Yes, there is a plenary on climate change and trading, and global economic outlook.

As I was reading the transcripts of global economy outlook, I could find more and more interesting issues and statistics coming out of eminent personalities. The panel discussed about “Are we out of the mess and, if we are, what follows?”

I ll update other discussion on day 4 in my next post.


Thursday, January 28, 2010

Thanks to BBC - Day 1 in DAVOS!!!

Thanks to BBC, they have made my work much simpler. Though I couldn’t go and watch it live, I could get the live comments and updating from BBC. As we know the main theme for this year is shaping the post-crisis world. People were flowing into the snow mountain village of Davos, to attend the 40th World economic summit today. On the first day they are eager to what economic forecast would be presented, what are the bases to move forward amidst present economic downturn recovery.

By 0900hrs, I got an update from BBC. It was from the founder of the World Economic Forum, Klaus Schwab. Mr. Schwab explained that, in this mass crash we have to help those have been affected and we have to find out the ways and rules so that it doesn’t happen in future. By 1015 an interesting update from BBC got everyone’s attention. The update says” A new survey conducted by PricewaterhouseCoopers suggests that business leaders are suffering a "crisis of confidence" and believe global economic recovery will be sluggish over the next three years. Just 21% of the 1,120 chief executives polled said they were confident about growing revenues over the next year.”


“We need to ensure the poorest in the planet - who will be hardest hit by the financial crisis - are not forgotten.” Former UN sec. general Kofi Annan’s comments are vital at this point. This means in other words, the summit should not jus remain as “Rich man’s club”. This show, how important for us to follow the discussions and arguments in Davos. A senior executive at the US recruitment firm, Manpower, told the BBC that there are four million unfilled jobs across Europe. "The real challenge is finding the right skill, at the right time, at the right place to fill those jobs.” Similar situations what the company HRs in India explain about employable candidate. According to a private equity firm, the Blackstone in US almost 40% of worlds’ wealth was destroyed in past 5 years. This condition pushes the world to a massive imbalance.

Amidst this heated and chaotic situation, Indian automobile major Rahul Bajaj, gave some positive signs when it matters to India. India avoided this economic crunch marginally as there was a growing demand internally.

To get more on end of day notes, please follow the link;
http://news.bbc.co.uk/2/hi/business/davos/7863684.stm

Tuesday, January 26, 2010

Chennai to Davos!!! – Fly free!!!

Davos, a small municipality in Switzerland. World knows this place for 2 main reasons 1. World Economic summit, an annual meeting of global political and business elites; and 2. The home of the largest ski resort in Switzerland, serving as the site of the annual Spengler Cup ice hockey tournament. Ironically this place is been referred for both hot business (macro: economics) and cool sporting events.

So, after hearing all these, I have decided to go there to watch “how all those big canons fire”!!! Not only that my country got invitation only after my birth date (What a coincidence! :P). But it is not possible for me to fly. One simple reason is am armature in the concept and I lag sponsorship to fly. But I didn’t give up the idea of following Davos. And one such initiative is this blog entry. I ll watch Davos, and will update you as a part of learning and sharing.

So, our journey starts from Chennai to Davos will start in next few min. Yes, (I struggled a lot to put so many imagination to do this, but take it from me, once we reach there I ll update only facts and happenings!). Though I didn’t receive any invitation from WEF people, I somehow arranged my travel plans to Davos. I had the same feel, what Auro had it in Paa!!!

But why should we have to fly to Davos? The purpose of Davos 2010 is to improve the state of the world that requires catalyzing global cooperation to address pressing challenges and future risks. Global cooperation in turn needs stakeholders from business, government, the media, science, religion, the arts and civil society to collaborate as a true community.

Rethink, Redesign and Rebuild

In response to new priorities, the organizing theme for the 40th World Economic Forum Annual Meeting in 2010 is a call to action, "Improve the State of the World: Rethink, Redesign, Rebuild".

Rethinking the solutions for existing challenges across globe, Redesigning the structures and systems of international cooperation to the challenges of the 21st century, and efforts in Rebuilding trust and confidence among key stakeholders.

Thematic Pillars of the Programme

The programme will focus on the following six areas,

  1. How to Strengthen Economic and Social Welfare
  2. How to Mitigate Global Risks and Address Systemic Failures
  3. How to Ensure Sustainability
  4. How to Enhance Security
  5. How to Create a Values Framework
  6. How to Build Effective Institutions

This is very important to watch Davos because, this WEF covers various important topics such as agriculture and food security, climate change, corporate global citizenship, disaster resource n/w, energy poverty action, financing for development, global competitiveness, global education initiative, global health initiative, global risk n/w, humanitarian relief n/w, national monetary convention project, partnering against corruption, scenario planning, water, working towards wellness, slimcity…

Ooohhhhhhh….am getting headache after reading the titles, I dono how I will cover all these discussions to present to you! Let me try!

As a responsible citizen, I wish to watch and follow this event. What is there for India in this WEF?

India has the potential to emerge as one of the world’s fourth largest economies by 2020, but it will require coordinated efforts by current and future leaders from government, industry and civil society to address pressing challenges.

During closing sessions of WEF 2009, the participants of the India Economic Summit discussed the enablers and challenges for India’s next generation of growth and gave the actions required by industry and government leaders.

Key Points discussed during IES-2009

India’s security is under control. The country is no more vulnerable to a terrorist attack than any other, according to its government.

• To succeed in generating the growth it needs to sustain progress over the long term, India must address significant potential bottlenecks such as its infrastructure gap and skills deficit.

• To be more effective in turning words into action, India’s leaders must be held accountable for their performance. If they do not deliver, they should be replaced.

• Business to government: Just do it!

Panel members of India Economic summit:

Shumeet Banerji, CEO, Booz & Company, United Kingdom; Carlos Ghosn, Chairman and CEO, Renault, France; William D. Green, Chairman and CEO, Accenture, USA; Baba N. Kalyani, Chairman and Managing Director, Bharat Forge, India; Chanda Kochhar, Managing Director and CEO, ICICI Bank, India; Indra Nooyi, Chairman and CEO, PepsiCo, USA; Robert Greenhill, Managing Director and Chief Business Officer, World Economic Forum; Nik Gowing, Main Presenter, BBC World News, United Kingdom.

So….what for we are waiting? Let’s start….!!!

Friday, December 25, 2009

Chocóla - The food of God from Pondicherry!

Hi all, a very Happy Christmas and advance New Year wishes. This is a sweet moment. No not just a sweet moment but this is a Chocó moment. Confused? Yes I think a better word to substitute sweet is Chocó. As a part of “Me and We - interview series”, I met Mr. Srinath, the Chocó man of Pondicherry, and proprietor of The Ebonyfoods – Chocóla (“Chocola – The Food of God”)

Ouf, a lot of home work I did before meeting Srinath, after reading about his 100 varieties of chocolate and especially “chocolate pakoda”. As a successful entrepreneur he shared his success stories and paths he travelled in establishing a sweet and humble organization. More than a chocolate boutique, Ebony Foods is growing as a more streamlined organization. Let’s hear more about this from Srinath!

Me&V: Hi Srinath, a many congratulations in showcasing 100 varieties of chocolate from (a small town) Pondicherry. Could you explain us where this Chocó idea has started?

Sri: Thanks a lot. What you will ask some who returns from any foreign nation? Not only children but also elders will be eager to taste the chocolates from that foreign nation. Now you just think of Pondicherry for a while, what is the thing that comes to your mind? Probably few may saw as cheap tour destination, some may say rich heritage and “Calm” place, but many prefer to say (stay!) for cheap liquor. What souvenir a foreigner can get back from Pondicherry? Sweet is the best thing that can substitute our joy. So, a specialized Chocó from our town can make a mark.

Me&V: That’s fantabulous. We are eager to know about your educational (entrepreneurial) background!

Sri: After my under graduation in hotel management, I was thinking more on Chocós and with the same idea I jus came out of the hotel where I was working. I went to European Union, the home land of chocolates to pursue my masters in hotel management and also more on chocolate preparation and designing. After coming to India, I jus started to practice what I learnt and the result is Chocóla. Setting-up an organization, stream lining the production, making a big product line, be a social responsible entrepreneur, all came well when I was doing what I liked. To me entrepreneurship is “doing what you like, rather liking what you do”

Me&V: 1. Chocolate market is estimated to be around 1500 crores (AC Nielson) growing at 18-20% per annum, 2. The Indian chocolate industry produces over 30,000 tones of chocolate products in year, 3. Over 70 per cent of the consumption takes place in the urban markets, 4. The per capita consumption of chocolate in India is 300 gram compared with 1.9 kilograms in developed markets such as the United Kingdom … These are some of the statistical data about chocolate industry as a whole. Amidst brands like Cadbury, Hershey’s, Kraft, and Nestle…how did you find a space for Chocóla?

Sri: I am clear in, what I do. I started this bouquet to show case the varieties in chocolates, and especially in black chocolates. Big brands like Cadbury’s and nestle are jus entering in this market, moreover there is a great boom for “designer chocolates”. There is a gradual increase in per capita consumption of chocolate in India and it is growing in a higher rate.

Giving a new dimension for Pondicherry, a sweet face and trying to make it as a “Real Mithai Mandir” is fantastic. What are the marketing strategies that Chocóla use to establish itself as a brand?

Know more on this in my next post…

Friday, December 4, 2009

Service as a Service – the new “SAAS”

This is going to be a typical word for the future (irrespective of the industry/ medium in which it operates). Yes, am sure of this technology because after understanding the 50 business models that can be operated in “Fermium” environment, this is also possible.

We define SAAS as a software distribution model in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the Internet. In a similar fashion you think of software to be replaced by service, and it is Service as a Service. I am not a management thinker to predict something would turn-up in near future so that the entire world can spin around it. If someone can think of providing platform as a service, software as a service and Infrastructure as a service, then this is also possible “service as a service”. Yes, as the big giants like Amazon, Microsoft, and Google and for that instance any company that works on cloud computing is extending the ideologies of providing service as a service.

And as we say, it depends on the eye of the beholder to recognize it as a service or a product.


Friday, November 20, 2009

Baidu's Problem:Is this google's opportunity?

It is always challenging task for me to keep writing some thing interesting and at the same time to be most informative post in my blog. Am happy with this task. And every time i wish to raise my bar, and this time i wish to share my first case study with you all.

The case is mainly about the internet war happening in the mainland of China. And this is between the Chinese search engine leader Baidu and Google (search engine "giant").

This issue is bit old one, yet the consequences are growing day by day. Though it is happening in the neighbor nation, I feel we should follow this so that “best in practice, lessons learnt” can come from horse’s mouth at any point of time. The issue is all about “Baidu Vs Google”.

Baidu is the local search engine giant in the land of dragon. What is so special about this? For rest of the world Google is the synonymic word for internet, but for China (the world's largest Internet market by users) Google failed to do so. Yes, this is an old issue (Google’s problem in China, in the year 2005). Even after four years, the internet giant couldn’t establish itself as a leader in Dragon land.

Understand more about that in the following link,

Kindly, give your valuable feedbacks. It will help a lot for me to write effectively.