Azim Premji on The Changing World

This is very interesting and inspiring speech by Azim Premji At the 37th Annual Convocation 2002, IIM, Ahmedabad 37th Annual Convocation 2002, IIM, Ahmedabad.

In this speech he share guiding principles of staying afloat in a changing world based on his experience in Wipro. In this speech he speak about 11 different lesson to learn  to adapt  change in our life.

(1) Be alert for the first signs of change.
(2) Anticipate change even when things are “Anticipate change even when things
     are going right.
(3) Always look at the opportunities that change represents.
(4) Do not allow routines to become chains.
(5) Realize that fear of the unknown is natural.
(6) Keep renewing yourself.
(7) Surround yourself with people who are open to change.
(8) Play to win..!!
(9) Respect yourself. The world will reward you on your successes.
(10) Never change: your core values.
(11) We must remember that succeeding in a changing world is beyond just
      surviving.

at last, beautiful quote from Azim Premji’s speech @ IIM-A convocation.

Change is the Only thing that will Never change. So better adapt to it.

If one desires a change, one must be that change before that must be that change before that change can take place

Check out PPT for complete speech.

Technorati Tags: Change, IIM, MBA, Wipro, Business

Corporate Lesson

chk out this PPT. It is really good, explain about 3 important lesson to learn in corporate life. This PPT is created by IIM-Kolkata

Technorati Tags: Corporate Lesson, Attitude, MBA, IIM

Net entrepreneurhip

at last this weekend I get time to write about my favorite topic – entrepreneurship. As internet revolution is booming again and Web 2.0 is in very much demand nowadays, I thought why not right about Net entrepreneurship. India is becoming global IT hub but there are very few .com companies which is
able to sustain them self after .com bubble burst. So, I thought about wirting this post in Indian context only, but in later part will write about some other net entrepreneur also.

If we talk about India, there are few companies which started before .com bubble burst but very few companies coming up with innovative idea in this Web 2.0 ( I am not able get any new Web 2.0 company from India, except Slideshare.net, if you have more info about Web 2.0 company from India plz post it here)

Companies like Naukri.com, Shaadi.com which is started around 8-10yrs are some of the successful company in India, later on some travel site also came up with successful business model but they were not started by any individual person but most of them are just a new initiative taken by company already running travel business. (I found makemytrip.com which is amoung few successful travel company started by Deep Kalra) Another successful internet start up is Contest2Win.com which is started by Alok Kejriwal, this company organize online
contest for many company to reach out to young audiences. 2nd one is seventymm.com, online movie rental company started by Raghav Kher.

Now, as Web 2.0 revolution is booming again, this successful companies have enough fund to start new companies with some new innovative business model. For example, success of Contest2Win Alok Kejriwal started two new company Games2Win and Mobile2Win, Anupam Mittal o Shaadi.com also started new
sites like Fropper.com and Astrolife.com. Bikhchandani of Naukri.com started Jeevansathi.com and 99acres.com.

As Indian economy growing faster, it’s easy to get VC fund for new startup compare to earlier. Earlier it was not easy to get funds from VC or any other financial institution for internet start up, but now because of some successful startup many VC funds and financial institution like ICICI Venture and some other are ready to support new venture in internet world.

“Today investors are ready to give high valuations to Net companies and want to grab companies that have a first-mover advantage in their space. Or those that have a dominant market share, a good brand and, of course, if they already are profitable,”
 
               – Bala Deshpande (Director, ICICI Venture)

Now, if we take a look outside India there are many highly successful Web 2.0 companies making millions of dollar and have very large user/customer base. Some of most successful Web 2.0 startup are MySpace, YouTube, Wikipedia, Flickr, Digg, Facebook etc. All this startup is very successful and made millions of dollar thru their innovative business model or selling themself to some BIG copmany. For Example MySpace bought by Fox Interactive for $580 million, YouTube bought by Google for $1.6 billion and Facebook founder already rejected $1 billion offer from Yahoo!

If we talk about US, it seem to be far ahead of any other country in terms of Net entrepreneur. even Teenage students are becoming entrepreneur like Laima Tazmin (Age 17) have her own web site design company LAVT. This company earned $25,000 in 2006. another example is Omar Faruk (Age 18) running web
management company called BlueStream. His company grossed $40,000 in 2006 and earned Faruk the Youth Entrepreneur of the Year award given out by Ernst & Young and the National Foundation for Teaching Entrepreneurship. At last but not least one of the best example for teenage entrepreneurship is of Jack Fisher & Weina Scott (both Age 17) who started SwitchPod, a podcasting website. It was very successful and later on sold their business to Pittsburgh based Wizzard Software for $2,00,000.This sale also provide both founder with annual salaries of $40,000 for a 20-hr workweek.

Wanna be millionaire like all this Net entrepreneur?? there are still huge scope for business on the Net, most common Web business models are like Product sales, Services sales, Information delivery and ofcourse e-commerce.

Opportunities as only as finite as your imagination

All the best.

Reference :
Rediff.com article on Net entrepreneur and US teenage entrepreneur.

Technorati Tags: Net entrepreneurship, entrepreneur, India, Business, Web 2.0 startup

Steve Jobs – An innovator and A Dreamer

        Steve Jobs – I would say an Innovator and A                Dreamer. A man who saved Apple from going bankrupt.     He is one of the best CEO in Fortune 500 company who     is a very good speaker also. His simplicity (yeah..             watch any his of keynote address.. no showoff like             any other businessman..no suit, no tie.. jst a simple         blue jeans and T-shirt) and art of working that appeal     me most.

        recently I watch “Pirates of Silicon Velly” movie, it’s     about Apple and Miscrosoft… Steve Jobs V/s Bill             Gates.. after watching this movie I came to know             many thing about Steve Jobs, and as he is one of my role model.. writing this entire post to Steve Jobs only.

Steve jobs born in San Francisco on 24th Feb, 1995. He was put up for adoption by his unmarried mother. Jobs did his schooling in California after that he joined HP, where he met Steve Wozniak (with whom he later founded Apple). After school he joined Reed College (at that time Reed College was almost as expensive as Stanford). After 6mth he couldn’t see any value in it so he dropped out and started leaning calligraphy.(thats the main reason why Mac have wonderful fonts like serif ans san sarif)

in 1974, he joined Atari, after bad experience with Atari along with Steve Wozniak, he decided to start his own company, thats how Apple started on 1st April, 1976 (It’s not a April fool ) they designed Apple I and Apple II and later on introduce The Macintosh.

At Apple Steve was very charismatic leader but because of internal politics he got fired from Apple in 1985.

We had just released our finest creation — the Macintosh — a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

                       — Steve jobs @ Stanford Commencement speech

After get fired from Apple, He started NeXT Computer and later on Pixar ( Pixar created worlds 1st animated film, The Toy Story). In 1996, Apple bought NeXT comuputer.. so Steve Jobs back to the company he founded . and after in his keynote address in 1997 @ Bostan, he announce partnership with Microsoft..the moment that no one expected. In this keynote address Jobs delivered a speech which later on became Apple’s one of the best Ads.. Think Different campaign.

…You still have to think differently to buy an Apple computer. The people who do buy them do think differently…they are the creative spirits of this world. They’re the people who are not just out to get a job done, they are out to change the world…A lot of times people think they’re crazy. But in that craziness, we see genius. And those are the people we’re making tools for.

                                              — Steve Jobs, Macworld 1997 @ Boston

than onwards both Apple and Steve Jobs never looked back, Apple introduce product after every successful product. Its all started with launching of Mac OS X then iMac, ibook, iTunes, iPod and now latest one iphone. he became iCEO of
Apple.

Steve Jobs has very charismatic and aggressive personality, he is wellknown for hos electrifying presentation.. anyone who watch his keynote address can tell he is one of the extraordinary speaker. He is magnificent. whatever other people talk about this managerial style, but he is very dedicated to his company, Steve Jobs works for an annual salary of Us $1, and so he hold a world record as the “Lowest paid CEO” in Guinness World Records.

apart from his business career, in his personal life Steve jobs is very philosophical man himself. after drop out from Reed College he came to visit India in search of philosophical enlightenment. You can not down about his philosophy better from his speech at Stanford University.

“If you live each day as if it was your last, someday you’ll most certainly be right.”

“No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.”

                        – Steve jobs @ Stanford Commencement speech

I think I have taken enough of your time reading this post and written much about Steve jobs, so now in the end just putting one of the best part I like from his speech @ Stanford Uni.

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”

“You’ve got to find what you love”‘ thats what Steve jobs says

Related Link : Steve Job’s speech at Stanford University
                    Steve Job’s Macworld Boston 1997 keynote address

Technorati Tags: Steve Jobs, Apple

The Miniature Earth

Appreciate what you have

You may have something similar to this in the past. This on-line slide presentation from Miniature Earth is a wonderful example which demonstrates the effectiveness of high-quality, full screen images combined with text. There is no narration with this, but you can imagine a speaker giving a talk with slides of this sort.  The slides are the same except for the language of the text.

Below are some sample slides from the online presentation.

RSS Feed subscriber Click here to watch video

Source : Presentation Zen

Technorati Tags: The Miniature Earth

Just like that…. !!!

Hi, Friends..

long time I not posted anything on my blog, as my MBA 3rd sem. going on, little bit busy with assignments and exam. right now my mid term exam going on.. so, will be back after midterm exam

till than you can enjoy reading some  old post on my blog. here I am posting link to top post of my blog.

Rat Race
Company Name and Origin
5 things B-School don’t teach
How to become a billionaire
When you can’t earn an MBA
Indian Business Women
The story about how Stanford University began

or I recommend you to read some good book that I read,

Business :

1) Made in Japan – Akio Morita
2) Straight from the Gut – Jack Welch
3) The Google Story – David A. Vise
4) Snapshot from Hell – Peter Robinson

Fiction :

1) Foutainhead – Ayn Rand
2) Angels & Demons – Dan Brown
3) The Alchemist – Paulo Coelho

Biography :

1) It’s not about the Bike – Lance Armstrong

I think it’s enough for some time
will be back soon..