Reimagining India: MIT Sloan’s Prof. Yasheng Huang

India is known globally for the rise of its information-technology and software industry. Yet in this video interview, Yasheng Huang, a professor of global economics and management at MIT’s Sloan School of Management and essayist from Reimagining India: Unlocking the Potential of Asia’s Next Superpower Simon & Schuster, November 2013, warns the country against becoming too dependent on those sectors. He argues India’s potential will only be realized if the country develops its manufacturing and services sectors, which requires labor-market reforms and significant investments in both education and social services. Without those, India will not only face growing social inequality but could also jeopardize its pipeline of college-ready students critical to the high-tech industry.

via Reimagining India: A conversation with Yasheng Huang | McKinsey & Company.

Don’t listen to her. She’s only a child!

I stumbled upon this video that made me numb and hopeful at the same time.

Severn Suzuki addresses the UN conference on Environment 1992 at Rio on behalf ECO  (Environmental Childrens Organisation) run by a bunch of 12 and 13 year olds. She must have turned 33 this year. 2 decades and 1 year on, we’ve only plundered more.

When will we STOP!!?

Her morality accuses our ethics.

Did you hear the anger, the angst and the anxiousness? Did you hear her plead for us to stop plundering the planet? Did you hear her cry for justice and for a safe future for her children? If you didn’t, hit the play button again. And again … and again, till you do.

Amen.

Book Review: 8 Steps to Innovation, Going from Jugaad to Excellence

8 Steps to Innovation: Going from Jugaad to Excellence
Vinay Dabholkar & Rishikesha T. Krishnan

I have a confession to make. The cover led me to believe that this was another one of those innovation cookbooks by two opportunistic wannabe Jugaad aficionados (I still have a huge problem with the cover design in that it is trying hard to impress while succeeding to do just the opposite). The first chapter could only reinforce my belief that here was another version of the many ‘product improvement through R&D is innovation’ treatises that are strewn about ever since innovation became a fashion label. Am I glad that I persisted, if only to collect enough ammunition to tear it to shreds. Surprise, surprise! The book is not only an easy read but is a good resource for organizations that want to understand how to carry out innovation.

The authors give out two clear messages –

(1) that everybody can innovate,

(2) innovation success is less about isolated creative sparks than a concerted approach both to motivate the elephant (incentive) and direct the driver (clarity).

Help yourself to Innovation

Help yourself to Innovation

Continue reading

Creating Heart Capital

This post was first published in January 2009 but has gained renewed relevance in today’s crisis ridden world. It reminds us that too much focus on quantitative metrics can go only one way viz. downwards. (Incidentally, Knowledgeboard has since shut down.)

–Sunil Malhotra

 When I coined the phrase “Heart Capital” a few years ago, I didn’t recognise it’s prophetic undertones. And for those who might want to read my article, here’s the pdf Heart Capital.

The ideas and views regain relevance with today’s ‘communities’ on the collaborative web. (2.0)

Here’s John Moore’s comment on the article I wrote in 2003.

“I love these lines in particular :

To humanise is to recognise that technology cannot replace the charm of personal contact. To humanise is to disrupt current business thinking and methods. To humanise is to add emotion. To humanise is to add fun to work and work systems.

I think the discussion about emotional environment is important; a lot of money goes into trying to create great physical spaces for work (and that’s no bad thing) but the manners and subleties of human contact deserve equal attention.

I would add that as well as being fun, the creation of real “heart capital” requires taking risks and being vulnerable. Acknowledging our true feelings feels risky in many enviroments; yet in my experience it is often a touchstone for deeper and more satisfying human engagement.”

Thanks John! Continue reading

Smart Connections 101 – Shopping, DealChaat and Locality

So here’s the question Tom Koulopoulos is addressing in this brilliant futuristic take on DealChaat, ‘Have I got a deal for you!‘.

(Tom has been named one of the industry’s most influential consultants by InformationWeek magazine. Geoff James of CBS Interactive Media called Tom, “one of the truly deep thinkers in the arena of technology and culture. ” Forbes.com named Tom one of its Business Visionaries with, “an incisive view of world trade…”)

Locality is important.

The bottom line is that inefficient markets tend to put control in the hands of the seller and not the consumer. An efficient market balances the scales. It gives me the best deal as a consumer and also allows sellers to appeal to me directly at the precise moment of need.

Giving control directly to consumers at the moment they’ve decided to buy and on location is not the no-brainer it seems to be. Very few seem to ‘get’ the value it could bring. Not Tom. He goes,

The greatest impact of the Internet has been the evolution of community. We are more connected than ever to the people, places, ideas and things that we want to be part of our lives.

However, this digital connectivity has been slow to find its way into our analog lives. A prime example is the huge disconnect between online shopping and the traditional store-based experience. Although we see the two as being in conflict, the realty is that what’s missing is the connection between the two.

In this age of location-aware smartphones, DealChaat is one platform for creating frictionless markets. Thanks Tom, for your insightful analysis … DealChaat sure has some catching up to do with your visionary thinking. :-)

As apps like DealChaat become pervasive we will be lubricating the wheels of consumerism in ways that will become as indispensable to us in the 21st Century as the Sears Catalog was at the turn of the 20th Century.

And besides, who doesn’t love a deal :-)

Read the brilliant post on Tom’s blog ‘Have I got a deal for you!

innerpage_shoppers1

Check it out. You may want to be associated … write on the blog, help with design, technology, be a critic, join the crack team … let me know.

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Talk to us.

Also interesting in the above context are the following trends for 2013