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Showing posts from October, 2010

HBR: What Is The Work Of The CEO?

"The CEO is the link between the Inside that is 'the organization,' and the Outside of society, economy, technology, markets, and customers. Inside there are only costs. Results are only on the outside." -- Peter Drucker, "The American CEO" Alan ("A.G.") Lafley TOOK OVER AS CEO of Procter & Gamble in June 2000 when the FMCG behemoth was battling turbulent times. At 6pm on his first day at the office as the new (and first time) CEO he was facing a hostile press conference live on national television – like a "deer in the headlights" as he recalls. P&G stock price that had crashed from $86 to $60 in one day tanking Dow index by 374 points, went further down by 11% at the news of Lafely's appointment as the new chief. The headlines went from "P&G Investor Confidence Shot" to "We love their products, But we hate their stocks." to "Does P&G Still Matter?" Four years into working hard at try

Sachin Tendulkar’s Stock Market Run

AUSTRALIA, THE DOMINANT SPORTING powerhouse among the 71 the Commonwealth countries, have invested into researching India’s cricket performance and how it relates to equity trading at Bombay Stock Exchange and National Stock Exchange of Dalal Street in Mumbai, India. The market cap of BSE stands close to USD 1.4 trillion, and NSE, with market cap of nearly USD 1.5 trillion, is the third largest Stock Exchange in the world in terms of the number of trades in equities. Australia were dethroned by India from #1 spot for ICC test cricket ranking earlier this year, and are being challenged for their spot for the ODI ranking as the contest is on. And their desperation is evident on the field while the Test Series between the two national sides is currently under way. As Sachin Tendulkar, the cricketing legend goes on to slam his sixth double century for India, his second against Australia, (and the only International player to ever score a double hundred in the ODI format of the game),

Oct 2 - Mahatama Gandhi at 141

[Photo courtesy: Amitabh Bachchan] "If blood to be shed, let it be our own. Let us cultivate the calm courage to die without killing." ~ Mahatma Gandhi (2 October 1869 – 30 January 1948) [Above] A video clipping of Gandhi's speech challenging Jan Smuts' racist law of segregation. From Attenborough's epic - Gandhi: The World Event . Richard Attenborough writes in his compilation book: "[Gandhi's] words struck me so forcibly that there and then I committed myself to attempt to make a film about Mahatma Gandhi - a commitment that changed the subsequent twenty years of my life." See also: Try http://youtu.be/e3tjIiWIkAQ for the clip on YouTube. Go here for Richard Attenborough's compilation book The Words of Gandhi .