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Showing posts from February, 2012

Moneyball

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Moneyball is the inspiring story of the Oakland A's, a team that was all but bankrupt but managed to beat the odds through intelligence and perseverance. Brad Pitt plays Billy Beane, the team's general manager who has run out of ideas on how to make his strapped for cash team successful. This is until he meets Pete Brand, played by Jonah Hill, an economic major from Yale. Brand devises a formula that analyses players in a way nobody else does, thus revealing statistics about players that no one else can see. Beane and Brand use this formula to build up their unlikely roster of misfits. In closing, the film notes that Beane passed up the opportunity to become the general manager of the Boston Red Sox, despite an offer of a $12.5 million salary, which would have made him the highest paid general manager in baseball history. This is quite the unusual sports movie. “Moneyball” isn’t really about the sport of baseball, but focuses instead on the dirty politics of the big, nameless...

Questions Every Customer Asks

Do I want to do business with this person? Within two seconds after you meet a customer, that customer has probably decided whether he is willing to buy. That's why first impression, appearance and initial greeting are so important.  Sometimes you have no control over the answer to this question, because the customer may have arbitrary rules that run to your disadvantage. Do I want to do business with the firm this person represents? There are two possible scenarios. If the customer is not yet familiar with your firm, it's up to you to position it correctly. If the customer is familiar with your firm, then you've either got a good reputation (in which case you've got a leg up), a bad reputation (you've got to start with damage control) or a mediocre reputation–in which case, you're back to positioning your firm to your advantage. Do I want and need what this person is selling? Through the conversation with the customer, you will discover needs (and requirements...

Al Pacino's Inspirational Speech

Nash Equilibrium

Nash equilibrium is a concept of game theory where the optimal outcome of a game is one where no player has an incentive to deviate from his or her chosen strategy after considering an opponent's choice. Overall, an individual can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. Nash equilibrium is named after an American mathematician John Forbes Nash Jr., who originally presented it. Nash equilibrium is a situation in which one subject independently tries to maximize his/her own profit without collaborating with others. Under Nash equilibrium, even if only one subject changes its own act, the subject's profit will not increase from the current situation because each subject or organization has chosen an act that maximizes their own profits while taking others' acts into consideration. Therefore, no subject or organization has an incentive to change its own acts. Even though Nash equilibrium is caused...

Social Networking Sites versus Corporate Social Networking Portals

When we use Facebook, Twitter and other social networking sites, we share following experiences: ·          We are usually invited to participate by people we know and trust. ·          There are specific things we want to do with the other people involved, such as share photos, stay up-to-date on a club's activities, or develop a personal reputation. ·          We get something back from participation: advice, practical information we need, a network to tap when times are rough, or the emotional pleasure of seeing others photos or hearing their news. ·          We have control over who sees our information. ·          The applications are intuitive — there's no training required. ·          The applications are well-tuned to support the specific task...

Leadership - Dhoni's way

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Mahendra Singh Dhoni was born in Ranchi, Jharkhand to Pan Singh and Devaki Devi. His paternal village Lvali is in the Lamgarha block of the Almora District of Uttarakhand. Dhoni's parents moved from Uttarakhand to Ranchi where Pan Singh worked in junior management positions in MECON. Dhoni studied at DAV Shyamali, Jharkhand where he initially excelled in badminton and football and was selected at district and club level in these sports. Dhoni was a goalkeeper for his football team and was sent to play cricket for a local cricket club by his football coach. Though he had not played cricket, Dhoni impressed with his wicket-keeping skills and became the regular wicketkeeper at the Commando cricket club (1995–1998). Based on his performance at club cricket, he was picked for the 1997/98 season Vinoo Mankad Trophy Under-16 Championship and he performed well. Dhoni focused on cricket after his 10th standard. Few had heard of him as a 23-year-old when he savaged a Pakistan A side in Nairo...

Only you Can Lead yourself

Only you Can Lead yourself to Where you Want to Go Don’t be fooled by bosses, HR teams, mentors and godfathers telling you they have a rocking future for you. Your career’s up to you ................. "It was sometime in 2001 that I got promoted from assistant VP to vice president. At that time, I was managing the mortgage b ... usiness in North India for a leading foreign bank. Even after my promotion, I continued doing the same role — only the title changed. All my earlier promotions had come with a change in my role and responsibilities. One of my seniors, who is still with the bank, on one of his visits to Delhi, took me out for dinner to celebrate my move from AVP to VP. Vice presidents were a rare breed those days, so becoming one did call for a celebration. I took the opportunity and decided to voice my concern. “What next? Does the organisation have a plan for me?” “As in?” “Now that I have been promoted, will I continue doing the mortgage role for another two years or is...

History of Internet

Charlie Chaplin Speech

Problem seems to be complex initially but after many complex approaches, solution comes out to be simple.

Ravindra Jadeja – Son of Rickshaw driver to Millionaire

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Ravindrasinh Anirudhsinh Jadeja, born on 6 December 1988, is an Indian cricketer and represents Saurashtra in first class cricket and Chennai Super Kings in the Indian Premier League. He was also part of the victorious Indian U-19 cricket team that won the World Cup in Malaysia in 2008. Jadeja is a left-handed middle-order batsman and slow left-arm orthodox bowler. Jadeja made his first class debut in 2006-07 Duleep Trophy. He played for India in Under 19 Cricket World Cup in 2006 and 2008. His bowling and fielding helped India win Under 19 Cricket World Cup 2008 final. Jadeja was selected to be a part of the Rajasthan Royals for the inaugural season of the Indian Premier League in 2008. His brilliant display in the IPL matches won him praises from the team’s captain and coach, Shane Warne. He was nicknamed "Rockstar" by Warne as he was so impressed with Jadeja's cricketing skills and predicted a bright future for the all rounder. He made his presence felt during the IP...