Mind... its the ultimate mystery anybody can come across! It works faster than light at times... slower than a tortoise at others... It's the best strategist available! It'll never let you know what is deep inside it unless and until you decide to search for it wit utmost interest! Mine is one such mind with different facets associated with it... emotional... logical... practical... spiritual... knowledgeable... yet to discover it though!
Thursday, February 18, 2010
Wednesday, January 20, 2010
The Beauty of a blank mind
This compilation is an output of a few days of mine where I have been blank from the top without letting my brain work the normal way. Wanted to just experience it. Also, given the fact that it has been made to stretch for quite sometime now, wanted to give it a little break as well ;) (Just hope it is not too long though). So, here goes the experiences and a few observations in this one month where my brain has literally not thought in its usual way.
Discovery of the defaults:
There are a few default activities which the neurons will be pre-programmed for. These activities are the ones essential for you in life. For a normal social living with a commonly agreed behavior. They are the ones without which you might not be identified as a normal human being by the external society. On a normal day, this whole process of facts would have lead me to a lot of queries from within questioning the existence of such external influences. But since I had switched my mind off, it was at peace; just accepting the facts and moving on to the next.
These pre-programmed activities actually allow you to re-discover yourself and it lets you at times to discover what you actually have been doing since quite sometime now. The derivation out of this is something which took me by surprise. (It was more of a logical derivation which stuck me while writing this up :P). The point is, if this act of yours which you would have done sometime back and hence registered in your 100+TB of memory allows you to feel happy and satisfied, you have actually discovered your passion! It might not be true always though.
A few built-ins:
In the due course of you playing various roles in your life in order to take it forward, there are a few more characteristics which you would be embedded with. These also to a great extent qualify for being default. But the reason why I have not categorized them as defaults is the fact that these characteristics gets associated with you by choice and not by force. Though you might be pushed into doing a few things by force, at the end of it, they will eventually turn-out to be a choice (because if you had a better choice, you would have gone ahead and done that instead). Even these gets executed without any hassles without much input signals reaching the brain which demands it to work.
A few forced actions:
This was the most difficult part to deal with in the due course of the transition. These are the actions which you would have to perform since you have committed your presence else where. It may work or any other personal commitments which you might not have intense interest in. But, due to the fact that you have committed your contribution, you will be forced to stretch your brain there. Now, this is the case if the brain is not left blank as well. But, there will be a difference in execution of the act when it comes the brain being left blank. This was one observation I had when I introspected and thought back as to if there was a better way of handling things. Well, there actually was a difference. Most of the acts performed were based on the built-in capabilities which I had and the outcome of a solution for a problem was something which I would have obviously done (logically going by the historic record etc). This lead me to a thought process which said "It might be the case where the history speaks and the experiences of history provides a solution". Well, I couldn't arrive at any conclusion though.
Creative actions:
It did not come to my surprise that there were not many creative actions performed in this period of time. There were no actions which spoke of me being different from what I would have done with a 1-2 months of lesser experience in life (It might not have been humongous different though...). Even the interest levels for me towards the acts performed were at a lower end. I was not the same old enthusiastic person and to my surprise it was very evident!
I am not planning to bug you guys any more now! At the end of it, the only moral which I could practically prove out of this exercise is "Thinking is the source of Innovation. Historic events provide solutions to any problem in an expected manner which the world might accept as it is supposed to be proven; but this will not be the ultimate solution to the problem which would have been better dealt if there was some innovation attached. Be foolish; be hungry!"
Shreyas
Wednesday, December 23, 2009
The Urge Within...
There is always a trigger for me in life to go ahead with something! This time it was this movie “3 Idiots”. Don’t worry, I am not going to describe the story here and reveal it to the world even before they watch it!
I always believed in this concept of “Listening to the heart” (though I did not do it). The urge within you to achieve something makes you really love it!! I should admit the fact that the last one and a half years have been really a paradigm shift for me in life where I have gone running behind my dreams. Though I have stopped temporarily, the urge within me still exists. The fire still burns. I still get goose bums!!
Let me get into the market realities. How many entrepreneurs had we seen when we were children? You could count them on your fingers (I am considering entrepreneurs to be as people who start companies here though I am wrong in assuming this note). And how many do we see today? Any thoughts of why this transition has happened? Any idea where were all these bloody brilliant ideals and bloody nerve before? They were all inside you! Inside your own mind and inside your own self!! Here are my few thoughts on this… They are pretty straight forward infact!
India has always been a land of opportunities. This is the case with most of the developing nations (not that developed nations are not!). Due to the onshore-offshore model which was introduced by the software industry, people in this developing nation started to become financially independent. Since it has been quite an amount of time since the advent of this industry and considering the fact that the competition is building, the growth at the top started to stagnate. So, the only choice left was to quit and start! This is the case with a selected few though!
Then came a set of highly motivated young professionals who wanted to prove to the world that they are different (please not to mistake this as their ego quotient). They were young, did not bloody care for money! Had confidence of winning this world! Had the motivation to slog their ass out in the market. Had the perseverance to sustain in the market even after getting royally raped in it! They also had the ideas with them and the courage to innovate! Now, does this sound like a perfect combination to you all? Well… if you ask me its not! Out of all these bunch of guys, only those went ahead who actually had the urge in them! Who had the passion for whatever they were trying to do! For doing what ever they found was good and not the world! This is what is required guys… Even if you don’t have the best of the degrees, even if you are not having the best of the ideas, even if you are not out of a tier 1 college, it doesn’t bloody matter!! Only thing that matters is the nerve that drives you crazy about one small thing! Go for it guys!! Just go for it!! (Yes, you would need patience for people to accept it as at the end of it, they are going to pay for it!)
Thanks to Aamir for this one more breath taking movie!!
Saturday, December 5, 2009
Importance of transportation for an economy
Tuesday, November 10, 2009
Distribution Management – Decline of an Industry
Background:
XML Pvt. Ltd (name changed as the company still exists in a different sector) entered the market with a vision of being the market leaders in home appliances. They entered the market with Television as their only product in the market. When they entered the market, there were not many major players in that segment in India. Soon they became very famous and every household had its name associated with the company. The company had a wide network of local dealers and supplies. XML had very powerful sales forces who were locals from the various states in India and the market penetration was easy for XML. Slowly, XML expanded its product line from beyond TV and started manufacturing Washing machines, refrigerators and other electronic home appliances.
XML was an innovative organization with the R&D department consisting of engineers from the top engineering colleges of India who were working with the future technologies. Hence it always took its customers by surprise and quality was never a problem for XML as its products usually persisted for more than 10 years without a single complaint.
Supplier problem:
The main supplies XML had was of ICs, the manufacturing parts and cartons. It had tied up with various local vendors for supply of manufacturing parts and cartons. For sophisticated parts like high-end LCD and other ICs, it had tie-ups with international vendors.
The initial problems with the suppliers started when after monopolizing the television market, XML started demanding from the suppliers. The suppliers were given a credit period as high as 6 months. The suppliers also did not have much of a choice because XML being the major market player, if they are associated with XML, their value proposition increased at that point of time. Hence, XML exploited this situation even more. Even if the credit period was 6 months, the suppliers were being paid after a year or two. This lead to the descend of many local suppliers since they were not able to sustain the pressure of money.
On the other hand, the international suppliers were paid on-time. This increased the grudge in the local suppliers. They started meeting among each other without the knowledge of the company and started forming unions. Since the employees were also local people, the suppliers started encouraging for the employee unions. Finally after a lot of strikes, XML had to move its production unit to its headquarters.
In the new headquarters, XML decided to tie-up with more suppliers and spread its suppliers from over the entire country. This led them to take command over the few local suppliers they had. But this also put them into a lot of problems as the other suppliers were a lot more demanding with respect to the credit period. But XML did not change its strategy for the credit period. The suppliers now wanted to teach XML a lesson. Hence they now started to push all the rejected pieces into the manufacturing units by bribing the employees. This affected the quality of the products to a larger extent and the customer complaints started to increase. Since XML had never faced such a situation, it was not quick enough in responding to the customer queries and the service earned a very bad name.
Due to this, the international suppliers also did not see XML as the vendor they wanted to be associated with. Hence they also started to disassociate themselves with XML. This was a major hit-back for XML as it lost most of its suppliers. At the same time, competition had become fiercer in the market. Smoothening of the government norms had led to international brands enter the market. Hence the suppliers started to concentrate on tie-ups with the international brands. This lead XML to loose most of its quality suppliers.
Dealer problem:
Even though the government norms were eased and the foreign brands were allowed to enter India, these new brands had a very tough time initially. They had the main challenge of replacing the existing local players, setting up a distribution network and many other challenges.
With all the proceedings as depicted in the ‘Supplier problem’ section, the competitor took advantage of the situation. They paid a higher dealership price than what XML was paying. This made the dealers to concentrate more on the products of the competitors. The shelf space for XML kept reducing month-month. Many dealers discontinued their relationship with XML. The competitors need not have to think about penetration either. It was already present readymade in the market. This gave the competitors a cost advantage as the market was already open. Hence the competitors could manage a higher compensation to its dealers and suppliers.
Apart from the competition, dealer and the supplier problems, XML was also attacked by a family issue since it was a family run business. All this finally contributed to the collapse of the electronic home appliances section of XML.
Learning:
- For you to operate in a value chain created by your company, all the stakeholders in the supply chain have to be treated at par.
- Do not neglect competitors and update yourself on a regular basis. Though XML had a full fledged R&D team, they were not in par with the technology offered in the market by the competitors.
- Monopoly does not exist for long in an open market environment. Hence try to build brand values as long as you have the monopoly. These values will come handy during the time of immense competition. This will also help in arresting the competition from penetrating the market easily.
- Consider the business model of having exclusive dealers.
- Innovate the marketing strategies to be in sync with the changing business needs.
Monday, November 9, 2009
Sales ... A case study
It was May 2008 and the top management of the entire organization was involved in a proposal to one of its most prospective clients. It was one of the highest revenue generating projects in the recent past for the organization. The company, XYZ Pvt. Ltd, is a niche telecom service provider in the market space of Europe. XYZ has been in a good relationship with its client organization CLT since more than half a decade providing constant innovative solutions to CLT and thus collaboratively helping them to growth in the highly competitive market. Due to the ever increasing demand of its customers, CLT decided to capture a place in the cloud to enable its systems to provide a cheap solution to its ever increasing client base. Hence CLT decided to change all the systems involved in providing the service so that the technical disability is avoided across the entire set of services.
• Quality of service provided (QOS)
• Cost incurred by CLT (ROI)
• Overall service package offered
• Cost or ROI is not the only factor on which businesses work in this highly competitive environment. You should always have a competitive edge so that you can make a difference.
• Proper pricing strategy has to be considered while selling. In the above case even if XYZ had lowered down the price by 50 million €, they might not have won 100% of the bid. Purely because of the fact that the perception of client to spread the domains was not because of the cost factor. It was because he had to increase the pressure of QOS due to cut throat competition.
• At times, a perfect product/service mix appeals to the clients. It might create a win-win situation.
• A sales force has to be flexible enough to cater to the customer demands. If the customer requires technical solutions or projections, the sales force should deploy technical people. If high level decisions have to be taken, the proper DMU (Decision Making Unit) has to be deployed.
• Customer perceptions play a very important role.