Saturday, September 17, 2011

The Thank You Economy


One of the most influential books in the social media world. Not only does it talk about how social media is changing the world, but also lets you know what you need to do to survive in corporate North America during this wave of cultural change.

The Thank You Economy

Thursday, September 15, 2011

We all believe in our own unique ways of dealing with things. We all come up with theories and ideas that help us create something new, especially in the world of business.
But this woman shows what teddy bears can teach us about Ethics:

Tuesday, September 13, 2011

The Lifetime value of a customer

The Lifetime value of a customer has been an interesting concept discussed in the business world, but I've never seen a good illustration on how to calculate it. Here's an interesting article on it, although it's hard to say this is accurate, but that's just how the cookie crumbles.

http://www.fastcodesign.com/1664927/infographic-of-the-day-how-to-calculate-a-customers-value?partner=homepage_newsletter


Monday, September 12, 2011

Business Wargaming

Business Wargaming is an interesting tool adapted from game theory and war strategy. Such simulations are supposed to help stress-test a business environment and simulate an environment of competitors, market participants, controls teams etc.

The following piece from ATKearney does a good job of giving an overview / introduction:

http://www.atkearney.com/index.php/Publications/business-wargaming.html

Sunday, September 11, 2011

Why are leaders bad at Strategy? Its not that there aren't enough strategic analytical tools not available in their toolbox or they don't know how to use it, but rather the fact that leaders treat strategic thinking, which is usually a where to play and how to win initiatives unilaterally.
Both these thinking processes should be combined to get the best outcomes.

Check this HBR article for a better understanding : http://blogs.hbr.org/martin/2010/01/why-most-ceos-are-bad-at-strat.html?cm_sp=blog_flyout-_-martin-_-why_most_ceos_are_bad_at_strat

Saturday, September 10, 2011

What is strategy? Some call it the compass that points towards success. But does Strategy exist as a unilateral function in the world of business?

This piece from Harvard Business School - "How Business Strategy Tamed the "Invisible Hand" speaks about how strategy was originally formulated and applied through the times.