The economic restructuring of the last decade had finally taken root and helped Indian industry become globally competitive Interestingly,while the GDP is growing at 8%+, not even 2 percent of the Indian population has been directly affected by the boom, and point to the abysmal state of infrastructure in urban centers and the stark poverty in the villages.The challenge is making the growth more broadbased, easier said than done given the distribution of employed across organised and unorganised sectors and the need for enterprises to look more competitve.
Via washingtonpost - A very intersting study in contrast between Amazon and EbayEBay and Amazon.com, the Internet's top two e-commerce sites, are taking opposite approaches to growth. EBay raised its prices this month for the fourth year in a row, while Amazon renewed its pledge to keep cutting prices even if it means lower profits and more.
Trait by trait, companies can evolve their own execution cultures Consultants from Booz, Allen and Hamilton argue that the execution culture of an organisation rests fundamentally in the organisation structure. No company may ever totally master the enigma of execution. But the most resilient and consistently successful ones have discovered that the devil is in the details of organization. For them, organizing to execute has truly become a competitive edge concludes the report - A good report
Gates aims to wipe out spam Mr Gates' plans for anti-spam software include the inclusion of "human challenges" which force the e-mail sender to solve a puzzle or the computer sending the message to do a simple computation. This would be easy for a machine sending a few e-mails, but expensive and difficult when dealing with lots of spam. "The ultimate solution would be to make senders of e-mail pay a fee if their mail was rejected as spam. "Payment at risk", the electronic equivalent of a stamp, would not deter genuine e-mailers who would be confident their mail would be accepted, Mr Gates said
Amazon.con can now recommend restaurants in US locations! ( Via Seth Godin) I have long tracked Amazon for various initiatives - several path breaking moves have propelled Amazon into a powerhouse that it is now. I wonder why Amazon does not want to have a footprint in Asia - why not set up an amazon warehouse in an Asian City - say Singapore or Hong kong?
Six Degrees of preparation- Initiative at Fedex The initiative, called the 6x6 Transformation, aims to keep FEDEX nimble in the face of fast-changing customer needs - Proof that best performing companies keep investing in new initatives to become more competitive, change with the changing times and prepare to cover more ground. Fedex is always an inspiring company to watch - more so with new initiatives like this.
Ambition Syndrome and leading a meaningful and enjoyable life Mahesh Murthy's column in businessworld is known for its contrarian perspective - In this article Mahesh talks about finding happiness in measured steps - A simple idea expressed in a very nice way