My Thoughts

I was reading few articles in news paper, about Indian retail market.Now many huge players are coming into Indian market for retailing. Reliance, Bharti and others are entering into Joint Ventures for retail market. We might soon see Wal-Mart, Carrefour, and Concord etc in India .I was thinking, why our corner shop retailer does not go for expansion? Even after being in the market for so long. I feel below points could be few reason for this. 1. No Risk taking ability. 2. He must be continuing his father's or Grand Father's shop setup by them. 3. He feels he cannot manage many things like work pressure, man power, profits & losses 4. He does not want to move out of the comfort zone. 5. Likes to grow in bits and pieces, so that he would have more control. 6. All his profit margins are based upon illegal retailing; he does not give any bills or maintains any good accounting practice. 7. His practice of business is purely based upon person to person relationship. He does...

I am currently reading the book, “High Performance Entrepreneur” by Subroto Bagchi. I really liked this book. It is written beautifully with lot of real life examples. I recommend this book if anybody out there dream about starting a company of there own. The author tells starting a company is not a child’s play. One must be really committed, dedicated towards it and once the decision taken there is no chance of taking your foot backwards. Entrepreneurs don’t fear failures, they know only to run the company themselves and they do it at any cost. Subroto quotes nice examples in the book like; the first product of Sony was wooden rice cooker which was a failure product in the market. But still the Akio Morita the founder of Sony did not fear that and went to give us world class products. Once IBM was bankrupted because of recession in 1917, No bank was willing to buy the computing device which IBM had created. Watson Senior's wife once met here friend who was librarian and she told ,...

I had been to DOOM2 movie yestarday with my team mates.we had good time watching one of the worst movies of all time. why our people have that fetish about all those filmi stuns, how can we accept it??. when we entered the movie hall i could hardly see anybody inside,it was full of empty seats. during the course of movie only our team was the cheerleaders for Hritik & ASH The first stun of Hritik in the movie was so artificial,Director must not have allowed hritik to do it himself. I was not surprised to see ASH doing all illogical movies starting from her first hindi film "Aur Pyar Hogaya".Now i am totally convinced that all good looking girls have to be dumb..no second thoughts about it. I was thinking DOOM2 will be a decent movie as it was of "Yash Chopra's Banner".But in this movie they have got it all wrong,right from story to climax. My suggestion to any director will be, most audience will accept certain amount of illogical shots in the movie, only if...

Why our major metro cities in India lacking in infrastructure.You take cities like Delhi , Bombay , Chennai, Kolkatta, Bangalore , Pune or any other city of India Why it is struggling to cope up with growing population.Where are we going wrong? What is the problem? I was thinking on this and I feel the problem lies with all. First we can put all the blame on politicians. But still can we put all the blame on just politicians. What responsibilities does our Bureaucracy have? , what is our judicial system doing? Why the private player does not take part in town planning? And finally why our common man does not stand out and demand for the needs. Actually the problem lies with every individual. The attitude is "why should I need to fight for others?" and feeling is “what ever I do it is not going to change.” Most of our so called Corporate People (Multinational Companies) are just bothered about themselves. A Company in electronic city just want the Hosur ...

Can we sustain the present economical boom? Outsourcing of software services started to increase after 2001, that is, after the 2 year period of recession in US. Before recession software industry was growing at rapid pace which made most of people within the industry to take things for granted. they Assumed that there jobs were like Indian Govt job which would last for ever. But suddenly things started to change and people started to lose jobs, there skills were of no use. Companies started to pinpoint small things such as dress codes, work timings, appraisals, feedbacks etc. Some companies adopted different approach like they sent people of long leaves, unpaid leaves, salary cuts etc. Some companies took totally different approach in a way an intelligent ideas. They had a secret tie up with a dummy company which made calls to present company employees and gave them a really good offer. Once the employee was out of the present company the dummy company would come up with some rea...