The Indian School of Business had its convocation recently. Some good quotes and advice from Ratan Tata and Rajat Gupta. Ratan Tata began his address by recounting a story of a man who goes shopping for a parrot. He is shown a bird for 5,000 USD that can type in English using its beak, another [...]
Archive for April, 2006
Good messages from ISB convocation
Posted in Uncategorized on April 18, 2006 | Leave a Comment »
The Infosys Bubble
Posted in Uncategorized on April 16, 2006 | 16 Comments »
Everybody was excited at the bonus issue and revenue results from Infosys, currently celebrating their silver jubilee. I do not agree with this herd, prescribe “cautious optimism” moving forward for the challenges outweigh the opportunities moving forward. The story continues to get bleaker, for the whole software services industry as a well, where just adding [...]
Pentium Key Chain Quote
Posted in Uncategorized on April 6, 2006 | 2 Comments »
More than a decade ago, in December 1994, Intel faced a crisis, the Pentium chip caused erroneous calculations because of a buggy floating point error unit. Intel recalled nearly a million chips that cost the company a one time charge of US$ 500 million. After the crisis was resolved, each employee was given a key [...]
Between the Geek and the Meek.
Posted in Uncategorized on April 5, 2006 | 3 Comments »
Technology always wins. It has the power to drive bottoms up change. (via Economist) In medieval Europe, innovations such as spectacles, water wheels, clocks and printing had the effect of empowering people from below and stimulating economic development, often in the face of opposition from church and state. Three very interesting ventures of Abdul Qadir [...]
Potential and Impact of Basic Public Services
Posted in Uncategorized on April 5, 2006 | Leave a Comment »
The other day I met somebody from Australia, he had a proposition to bring to India, a day care franchise which is very popular there. He marketed the opportunity quoting, more dual income couples with children will require professional day care, after school is over and parents return from work. I requested an “immediate stop” [...]
Luck, Success and Skills
Posted in Uncategorized on April 2, 2006 | Leave a Comment »
A wise man once said, don’t confuse luck with skill when judging others, and especially when judging you. Andy Grove’s wisdom, “ There is something called luck, recognize it, and make the most of it”. I have some fundamental equations that I would like to present Performance = motivation * capability Success = luck * [...]
Real Estate Bubble ? A curse.
Posted in Uncategorized on April 1, 2006 | 12 Comments »
Chidambaram claims the inflation in India is only 4%. Most industrialists and thought leaders in Indian including our theoretical economists praised the budget. We have in India, a sychophancy spiral, the minister says something and everyone praises him without a mind of their own. At a social dinner with old friends, the host who stays [...]
