A man eats two eggs each morning for breakfast. When he goes to the
grocery store he pays Rs. 6 a dozen. Since a dozen eggs won’t last a
week he normally buys two dozens at a time. One day while buying eggs he
notices that the price has risen to Rs. 7. The next time he buys
groceries, eggs are Rs. 7.5 a dozen.

When asked to explain the price of eggs the store owner says, “The price
has gone up and I have to raise my price accordingly”. This store buys 100
dozen eggs a day. He checked around for a better price and all the
distributors have raised their prices. The distributors have begun to buy
from the huge egg farms. The small egg farms have been driven out of
business. The huge egg farms sell 100,000 dozen eggs a day to
distributors. With no competition, they can set the price as they see fit.
The distributors then have to raise their prices to t he grocery stores.
And on and on and on.

Read the rest of this entry »

Time Management is something most of us claim to either have mastered or are completely useless at. Some signs are, being perpetually running late for meetings, not able to schedule, so on & forth. Over the years passing thru these phases & watching a bunch of friends & colleagues namely R. Sriram; Soeb Fatehi; Sunil Sheth; Hemant Gajjer; Devangshu Datta to name a few have managed to change myself to a greater extent, more importantly becoming adept at managing time most of the days — Read the rest of this entry »

According to the media & the highly qualified common man, the last month has been extremely bad for India, with inflation at a record high etc. etc. These articles, comments (most of them given by people who have no clue or at times by people who can only retain their job provided they comment) are mostly to be taken with a pinch of salt. Whilst there is some truth involved, some thoughts that occur to one that can be practiced maybe now or forever by businesses -

1 Remember what Sam Walton said: Trust your customers. Go talk to them, bad times or good times.

2 Ask yourself what you want to look like when recovery comes & start working towards the outcome. Read the rest of this entry »

2008 is going to present an Exciting, Challenging & sometimes Frustrating market conditions. In many cases all three situations will be present at once. Such business environment demands the best from Professionals.

To succeed in such exciting times, lets see what skills do a manager needs to refine. The following skills listing are not in any particular sequence of importance. Some of you may find the last one to be of top priority, while for others this may be just the right sequence! I leave it to your judgment.

1: Hiring (& keeping) the best.
As products (& or services) become similar, its the people who will make the difference. Read the rest of this entry »

Having faced umpteen crisis over the years, have developed some thoughts that seem to be consistent to every CRISIS and have helped me overcome most of them Read the rest of this entry »

Received this as a forward today along with the Warren Buffet rules that seem to be doing the rounds these days:

Bill Gates recently gave a speech at a High School about 11 things they did not and will not learn in school. He talks about how feel-good, politically correct teachings created a generation of kids with no concept of reality and how this concept set them up for failure in the real world. Read the rest of this entry »

(This was sent to me by someone a couple of years ago. Find it pretty relevant; more so in today’s scenario) Read the rest of this entry »

Lesson 1 : Learning to work with a team

(1 therefore is: Being team driven is critical to success in professional life) Read the rest of this entry »

What is the biggest problem that faces a manager/business head/coo/ceo - EXECUTION - everyone loves dreaming, conceptualizing, but get some one to implement/execute - there come multiples of troubles - Over the years, reading, applying different methods, means, I have come to some points that remain constant. Read the rest of this entry »

Lesson 1 : Learning to work with a team

(1 therefore is: Being team driven is critical to success in professional life) Read the rest of this entry »