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Showing posts from November, 2017

The Flip Side of Google Search

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Rahul, a fresh engineering graduate, was trying his hands at rubik’s cube. He said,” after doing google search and watching youtube videos, I have been able to crack the code. The world’s fastest player can solve the puzzle in barely a minute. I have studied his instruction set 15 times and I am able to crack the code in approximately 4 minutes.” What happens when you a solve a puzzle without applying your mind; relying on google search or a guide in the first go? In this process of solving a puzzle, I was wondering whether the goal is more important than the journey or the end is more crucial than the means? What happens when we are obsessed with the goal (scoring marks, getting a job, expecting a promotion) without giving due importance to the means ( thinking, creative problem solving, putting the right efforts in getting results etc) Students may score marks without a deeper understanding of the subject. Managers may get short-term results by taking short cuts (quite rel

The Application of Buddha’s Four Noble Truths in daily life.

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The Buddha teaches us that if we perform one task at a time with complete awareness,  it could lead us from confusion to enlightenment,  writes RAJAN PARULEKAR       1. Truth of suffering  2. Truth of the origin of suffering  3. Truth of the goal  4. Truth of the path to the goal The first sermon the Buddha delivered after his enlightenment was on the Four Noble Truths.  Quite often it is felt that the Buddha was pessimistic, and that he was against the good things in life when he uttered the first noble truth — life is dukkha — suffering. It is not so. Suffering can be interpreted in terms of day-to-day anxieties and irritations. When we are all by ourselves,  the thought that something is missing, and the feeling that we are not our ideal self, and all the current problems start troubling us.  Actually,  we don’t think.  These thoughts surface by default, without our choice. These random thoughts include the pain of earning a living,  keeping near and dear ones ha

Why market pulse is more critical than a superior product design?

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In the early 90s Airbus and Boeing, the two major players in commercial aircrafts decided to come together to manufacture Very Large Commercial Transport (VLCT). Later on both the competitors parted ways as their business strategy could not synergize. Ultimately in 1994 Airbus decided to go solo on this venture and the project was codenamed A3XX. And thus the first flight of A380, the largest commercial aircraft happened in 2007 which is a double-deck, wide body 4-engine aircraft with 6000 square feet of usable space, 40% more space than its nearest rival product Boeing B747-8. A380 could accommodate 500 seats in 3-class capacity (Economy, Business and First Class) or 850 in an all-economy class. With several delays the project cost escalated from the initial 9 billion to 13 billion Euros. Product Pricing and Positioning : The A380 had a seating capacity which was 5 times the Airbus A320 Neo but the price point was 4X . The List price of A 380 was $430 Millio

Enhance Profitability by Managing Outstanding Collections

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Most of the salespeople feel that their job responsibility is limited to achieving the targeted order bookings.  In a desperate bid to sell, quite often they agree for ridiculous credit terms set by the customer.  However from an organizational perspective, a sales transaction is never complete unless the vendor has received the FULL  payment for the products/services he has supplied;  and which has been duly  credited to his account. Having the money in bank is more critical than having it on paper! The webinar will provide you a comprehensive tool kit in not only improving the cash-flow but also your profitability. For Whom : The program is useful for Executives and Managers from Sales & Finance who are in B2B/B2C , Industrial products, Financial Services, and from Verticals like: Engineering, Financial Services, Hospitality, IT, Insurance, Logistics, Pharma, Telecom etc. Main Themes :  Major Themes: Effect of late collections and its impact on Cash Flow and