Economist Nouriel Roubini predicts Europe will weigh down U.S. economy – USATODAY.com
Wednesday, 23 May 2012
Friday, 11 May 2012
Monday, 7 May 2012
INNOVATION and Not EFFICIENCY - Key source of Competitive Advantage.
Efficiency and productivity have become
necessary-but-not-sufficient conditions of success. If they are the basis of
your approach to work, then your options – and rewards – are going to be
severely limited.
So if your approach to work is based on ‘personal
productivity’, you risk falling into the trap of Personal Taylorism. You’re
becoming more efficient at the risk of losing your creative spark and your
competitive edge, and you’ve already lost the efficiency game, anyway. The more
concerned we become over the things we can’t control, the less we will do with
the things we can control.
Under Taylorism, a
manager could not only tell a worker to stoke a furnace, or fix a bolt, to close a sale or type a business letter, but
could arrange the task and show the worker exactly how to do it for maximum
efficiency. In the early twentieth century, Taylorism was widely adopted and
became one of the key mechanisms in production but nowadays Taylorism is a
historical curiosity, usually cited as an example of What Not To Do when managing human beings.
Coach
John Wooden said, "Never mistake activity for achievement." These
words of wisdom are nowhere more appropriate than in the wide-open world of marketing,
which offers endless forms of activity that result in questionable achievement.
Now a days people in position expect people to follow and perform a task/job as
they expect and they think it as an achievement. Rather they should generate enthusiasm and
stimulate the team in finding the best way rather than
having their own way.
Efficiency is no longer the name of the game. Innovation is now the key source of competitive
advantage.
___________________________________________________________________________
John
Wooden was a three-time All-American while playing basketball at Purdue
University. He is the only man ever elected to college basketball’s hall of fame
as both player and coach.
As
a coach of UCLA’s basketball team he produced ten national championship teams
in twelve years. Seven of those national championships came in a row. (1964,
1965, 1972 – 1973, 1975).
Frederick Winslow Taylor was ‘the father of
scientific management’ – a system for managing human work by developing
standard methods for performing each task on the production line. Procedures
were designed for maximum efficiency and workers were trained to stick to them,
rigidly. Hierarchy and authority were used to maintain control.
_____________________________________________________________________________
Saturday, 28 April 2012
Welcome to the 'Stock Market' - A Parable
Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10. The
villagers, seeing that there were many monkeys around, went out to the forest and started catching
them..
The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort.
He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and
they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms.
The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even
see a monkey, let alone catch it!
The man now announced that he would buy monkeys at Rs 50!
However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the
man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can
sell it to him for Rs 50.
" The villagers squeezed up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!
Welcome to the 'Stock Market'
villagers, seeing that there were many monkeys around, went out to the forest and started catching
them..
The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort.
He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and
they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms.
The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even
see a monkey, let alone catch it!
The man now announced that he would buy monkeys at Rs 50!
However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the
man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can
sell it to him for Rs 50.
" The villagers squeezed up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!
Welcome to the 'Stock Market'
Wednesday, 11 April 2012
Desire is the starting point of all achievement.
Once you make a decision, the universe conspires to make it
happen.
Desire is the starting point of all achievement.
Need and struggle are what excite and inspire us. Without a
struggle, there can be no progress
The progress to future depends on what we do in the present
and Success is the sum of small efforts, repeated day in and day out.
Thus Success is neither magical nor mysterious. Success is
the natural consequence of consistently applying the basic fundamentals. "Believe
and act as if it were impossible to fail”.
"If you'll not settle for anything less than your best,
you will be amazed at what you can accomplish in your lives.
Remember success nor failure
is ever final.
Like what you do. If you don't like it, do something else.
Lastly What you get by achieving your goals is as important
as what you become by achieving your goals.
Monday, 9 April 2012
Growing pills on a plant: Why Himalaya Drugs' strange formula works - Economic Times
Growing pills on a plant: Why Himalaya Drugs' strange formula works - Economic Times
Himalaya Drugs' strange formula works
Part FMCG, Part Pharma - Rs 1,200-crore Himalaya: the pharmaceutical business and the 'FMCG' business, both have evolved rapidly in the past five years and now marketing in 82 countries.
Himalaya address this in two ways. Besides its battery of medical representatives, it has taken the lead in adopting the high standards of manufacturing and sourcing that allopathic drug manufacturers are mandated to take. Himalaya makes ayurvedic drugs, it promotes these drugs through the allopathic doctors' network. Unlike Ranbaxy which advertises its Revital pills on television, Himalaya doesn't. Instead, it uses its medical representative network to influence allopathic doctors to prescribe its herbal formulations.
One division with 160 medical representatives focuses on building awareness about Himalaya's products in medical colleges, especially medical students.
"People are more willing to try nutritional supplements and wellness solutions that ayurveda offers. For more chronic conditions and curatives, they tend to turn to allopathy,"
Himalaya Drug Company – Fact Sheet
Revenue – Rs,1200 crores – india Revenues (63.5% ) and International revenues (36.5%)
Number of doctors reached – 400,000
Number fo Chemist outlets tapped – 200,000
Number of Medical representatives – 2,000
Number of countries in which Himalaya products sold - 82
Himalaya Drugs' strange formula works
Part FMCG, Part Pharma - Rs 1,200-crore Himalaya: the pharmaceutical business and the 'FMCG' business, both have evolved rapidly in the past five years and now marketing in 82 countries.
Himalaya address this in two ways. Besides its battery of medical representatives, it has taken the lead in adopting the high standards of manufacturing and sourcing that allopathic drug manufacturers are mandated to take. Himalaya makes ayurvedic drugs, it promotes these drugs through the allopathic doctors' network. Unlike Ranbaxy which advertises its Revital pills on television, Himalaya doesn't. Instead, it uses its medical representative network to influence allopathic doctors to prescribe its herbal formulations.
One division with 160 medical representatives focuses on building awareness about Himalaya's products in medical colleges, especially medical students.
"People are more willing to try nutritional supplements and wellness solutions that ayurveda offers. For more chronic conditions and curatives, they tend to turn to allopathy,"
Himalaya Drug Company – Fact Sheet
Revenue – Rs,1200 crores – india Revenues (63.5% ) and International revenues (36.5%)
Number of doctors reached – 400,000
Number fo Chemist outlets tapped – 200,000
Number of Medical representatives – 2,000
Number of countries in which Himalaya products sold - 82
Friday, 30 March 2012
Generous commuters put prof's school for poor kids on track - Times Of India
Generous commuters put prof's school for poor kids on track - Times Of India
Prof. Sandeep Desai's social service began in 1997 when he quit his job and took up other assignments to fund Shloka, a free English-medium school for children from the Goregaon slums. "After Shloka, which we started in 2005, we began our second school at Ratnagiri for poor rural children, but the construction got delayed due to a shortage of funds," he says. That's when he decided to collect money directly from the common man. "The response has been great. In just five months, I have collected over Rs 4 lakh,"
Prof. Sandeep Desai's social service began in 1997 when he quit his job and took up other assignments to fund Shloka, a free English-medium school for children from the Goregaon slums. "After Shloka, which we started in 2005, we began our second school at Ratnagiri for poor rural children, but the construction got delayed due to a shortage of funds," he says. That's when he decided to collect money directly from the common man. "The response has been great. In just five months, I have collected over Rs 4 lakh,"
Monday, 26 March 2012
IDF - DWARAKA BAL GURUKUL , HYDERABAD
Indian Development
Foundation (IDF) has launched 3rd BAL Gurukul in Hyderabad on 26th March 2012 at Dwaraka High School,Gandhinagar ,Secunderabad.
This is the 74th Bal Gurukul started in India by IDF , 5th in AP and 3rd in Hyderabad.
Education is of prime importance. IDF in its
diversified objectives has included education programmes into its fold. There
are many first time school-goers in a family. In such cases, the children
attend schools but do not get proper educational guidance from home. Indian
Development Foundation (IDF) has found a method to remove this barrier by
opening up `Education Programmes’ – `Bal Gurukuls’ in India. These Bal Gurukuls
not only provides quality education to the underprivileged children but also
facilitates in raising the literacy level of the district. IDF also believes in
providing `right education’ to those who need the most. To know more about IDF Pl click on www.idf.org.in
Dwaraka high school was established in 1979 as a
primary and middle school by the Gandhinagar Association (an association of the
residents of Gandhinagar colony). Dwaraka High school is run by the Gandhinagar
Association – The building is given free by the association to run the
school.
IDF is happy to announce the starting of
"Dwaraka Bal Gurukul" on 26th March 2012 .
Around this residential colony there are four big
slums which house nearly 2000 families. Children from these slums study in this
school. The school has classes from Nursery to X class – Co-Education. Earlier
the strength was good but due to various factors the strength started dwindling
and now they have around 225 students in the school. This school does not have any
government funds or aid. State bank of Hyderabad, Kavadiguda, Hyderabad donates
the entire books for the year to all the students. The same bank donated 12
computers to this school.
| Add caption |
The children attend
schools but do not get proper educational guidance from home as there
are many first time school-goers in a family and drop outs are
more as parents do not see any visible change.
The staff and students feel that if some additional coaching
is given by conducting extra classes after school hours they would perform
well. But again students cannot afford to pay for the tution fees. In
this Bal gurkul students of 5th and 6th class are selected and
empowerment classes with an external teacher is conducted (No fees charged)
after school hours to ensure the overall performance of the students
improves soon.
We are sure that with this support these children
will improve their performance in school which in turn will convince their
parents to let them continue their education.
IDF Social Ambassador Mr.Sanjay Ram, School committee members Mr.Ramakrishna(Correspondent),
Mrs.Swaroopa(Principal) , Mr.Ramesh Mallam(President Gandhinagar Association),Mr.Srinivas, Mr.Buchi Das (Core Committee Members), Mr.P V Rao (V R Research Executive Search), the Staff and
the students were present for the event.
The School Committee were very
happy that we have selected their school for the Bal Gurukul and their children
would get the benefit.
News Clippings In Leading News papers:
Subscribe to:
Posts (Atom)





