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Showing posts from September, 2011

Checklist before adoption of Best Practice

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"What worked in some other company, may not work in our company". So, before adopting any best practice, following checklist need to be taken care of:- ·          What are the downsides?       Before adoption one needs to evaluate the changes required, the possible implications in both best case as well as worst case scenario ·          Is success truly attributable to the benchmark practice?       Possibly the other company would have got success because of some other reason and not because of specific practice. Check needs to be there in this scenario too.  ·          Are the conditions similar at your organization?       For best practices to be emulated businesses need to have similarities in strategy, business model, market and workforce. Source:   HBR

Internet – “Social Life 2.0”

An interesting finding has come from a study conducted by Cisco. The study presents how fundamental internet has become in the human life today. It has reached the importance level of air, water, food and shelter. It has become a vital part of human life sustainability. All other loves are now secondary compared to it. We can say that we are living in “Social Life 2.0”. One of every three college students and employees surveyed globally (33%) believes the Internet is a fundamental resource for the human race – as important as air, water, food and shelter. About half (49% of college students and 47% of employees) believe it is "pretty close" to that level of importance. Combined, four of every five college students and young employees believe the Internet is vitally important as part of their daily life's sustenance. More than half of the respondents (55% of college students and 62% of employees) said they could not live without the Internet and cite it as an "integra...

The Alchemist

One of my friends recommended me the book ‘The Alchemist’ by Paulo Coelho and I found it to be one of the most stimulating books that burst with optimism. It is the kind of book that tells you that everything is possible as long as you really want it to happen. "When you really want something to happen, the whole universe conspires so that your wish comes true". These words echo throughout this book. The Alchemist is a wonderfully simple story of a young shepherd who follows his dreams of treasure and encounters many experiences and people, learning wisdom and life lessons along the way. In his journey to unknown and unseen lands, the young Santiago sees the greatness of the world, and meets different kinds of people. He gets duped, experiences love, loses and makes money, learns a different language, meets different people, finds himself in pleasant and not-so- pleasant situations. His journey is full of adventure and lessons, while he also finds the privilege of meeting a ...