Posted on January 01, 2010 by admin with 1 comment
Happy New Year!
And
Welcome 2k10
PS:
And, by the way, 2010 = 1+2-(3-4-5)*6*7*8-9
Now that the hype is done and soberness returns, here is an interesting one on new year resolutions at The Economist. Here are some of the most anticipated Hollywood films in 2010.
Here is a nice graphic at NYT capturing the past decade, and here is a text version of 200X’s at Foreign Policy blog (apparently, both with a pinch of 'merican vanity).
Among technology predictions for 2010, here is one on "wisdom of crowd" at CTO blog.
For mindgap.in - There was this plan to do a three-part series on best of Peter Ducker over the holidays. While the first part was almost done around X'mas, turns out there were no holidays after all, and the plans were to be deferred. (Also, see point 2 above)
Posted on December 26, 2009 by admin with No comments
PETER F. DRUCKER WAS BORN IN AUSTRIA IN 1910, and would have completed a century this past Nov '09. It was celebrated all over by "Duckerites", among which one IIM professor said - if you have some time that you want to spend in a gainly manner then simply flip open any of Peter Drucker’s books and start reading. “Classic Drucker” was at an arm's length at that time and was worth giving a try. Apparently, the prof was right. What follows now is a brief intro before the main business.
Originally, an investment banker from London, Drucker was first published in German in 1930. He then went on to write 39 books on management and wrote editorial for WSJ for 20 years. At the height of the financial chaos, one WSJ issue carried his picture on the front page titled "What would Peter do?" – as if the question was being put to, if you may, a body of knowledge collectively known as Peter F. Drucker.
Drucker was also titled "the father of modern management". His writings have remained remarkably relevant up to and beyond Y2K era, at times touching daily life; his lessons in leadership and managing change offered a very fresh thinking; his passion towards non-profit organizations were of a true spirit; his “predictions” of corporate events such as fall of General Motors – which he actually helped build in 1950's, make him stand ahead of his time. Same as most of visionaries, perhaps. But if one is looking, there is a pattern to be found in Drucker’s digests – the advices pertain to the fundamentals, they encompass overall entropy of the system and urged to find solutions by referring to the organism’s inherent nature, and they were kept simple, brief and generic at times by cleaver wordplay.
What shall follow is a three-part series wherein some from Ducker's best of articles would be featured. A humble tribute [update] starting with Managing Oneself where Drucker sets goals, objectives and responsibilities for the Knowledge Worker.
Posted on December 20, 2009 by admin with No comments
A HARVARD TEAM OF ORGANIZATIONAL DEVELOPMENT consultants did a sampling of nearly 14 years covering 2000 Chief Executives of global companies listed by S&P. The sampling and tests were fairly exhaustive and unique, and presented a vivid picture of the Executive boardrooms that saw many major global economic events including the Y2K IT burst, Oil-price surge and dive, and 2007 economic down-turn, among others. Though the headline making "attribute" of the published list came out highlighting that the first three of top 5 best performing executives in the world do not have a formal degree in management. Three of the top five are connected to IT industry, and the other two are from petroleum and energy sector. Broadly, four out of 10 successful leaders in IT and six out 10 in energy sector do not possess such formal b-school education.
Overall, there are less than 30% of the top 50 listed chief executives having any formal management degree. The top 5 have total industry experience of about 30 years. And there doesn’t seem to be any trend suggesting that having an MBA correlates with (or compensates for) lesser industry experience.
Basis the media coverage of this HBR story, I did a small poll among peers of taking their opinions on the study, and one common question that I had for all was – what is the "special" expectation from a management grad from top management institutes. After all, this skill-set does command a certain premium over compensation and designation in the job market. Interestingly, alumni of these institutes could provide but a very sketchy and rather tentative reply. Whereas responses from non-MBA managers and professionals were found to be more thought-through.
As a personal point-of-view within the premise of making of an effective leader, the three key specialities in order of their importance that must be expected from these executive (management grads from primer institutes) are:
The ability to influence the work parameters
The ability to survive in and surpass non-conducive, and at times hostile, situations
The ability of effective and dynamic role-play and role-changes
Ability to Influence: Given the set of rules and roles, constraints and commitments, goals and objectives, the problem definition is analyzed. The ability to influence these problem statement parameters (and success thereof) is the value-add that the executive can bring to the table. Negotiators are high-influencers and negotiators are a sort after folks similar to these executives. This should not imply however that all executives should be negotiators; it is important though that most of the activities in addressing the problem definition would involve various levels of negotiations by the executive. It is also important to become an influencer before becoming a decision-maker.
Survive and surpass: The ability to survive in and surpass non-conducive and hostile situations directly correlates with the executive’s ability to stand-up and face challenges and adversities. Simply put, it is the attitude of the executive of not giving up and keep trying, and keep trying different things. (The expectation also arises from the fact that the executive has already surpassed trying conditions of cracking the entrance exams of premier institutes, and then has survived the onslaught of a tough curriculum.) The condition is the training. And the expectation is to have that training extended to the live working environment for the benefit of the project at hand.
Dynamic Role-play and "Seasoning": The top spot of the hierarchy is a summarization of all the roles beneath. A hands-on leader has a clear advantage over a theoretical one in practical situations. Organizations, by design or by default, provide opportunities of taking on various roles in varied capacities. "Seasoning" or Role Maturity is a parameter by which role change is judged, initiated and calibrated. It is also a very effective personal assessment tool by which the executive can identify personal strengths and work on weaker areas. While on one hand this ability is personality driven (where certain individuals may pursue a specific vertical growth is a defined area), versatility indeed is what separates successful top-spot holders from the rest.
Posted on November 29, 2009 by admin with No comments
Greg Chappell at Mysore, Nov'09 [Source: self]
BRIEF, ARTICULATE, NO-NONSENSE, ALL-BUSINESS 'Guru' Greg Chappell has a pleasantly lighter side to his otherwise tough-guy personality and the young Indian crowd of Software professionals at ILI, Mysore got the rare pleasure of interacting up close and personal with the Australian cricket legend during his leadership speech last week.
Greg Chappell is a master tactician from southern Australia – apart from being the captain of Australia Test squad like his grandfather and elder brother, his illustrious career also includes joining breakaway leagues, fighting off nude opponents on the pitch, and the historically forgettable under-arm delivery that Greg as the then captain of Australia instructed his younger brother Trevor Chappell to deliver as the final ball in '81 against NZ at MCG.
Posted on November 07, 2009 by admin with No comments
THE FIRST EVER TECHNOLOGY, ENTERTAINMENT, DESIGN (TED) EVENT IN INDIA drew to a close this afternoon at the lavish and state-of-the-art technology campus of Infosys at the Indian city of Mysore - about 120km south of Bangalore. It was an adrenalin pumping experience, and it left so many feeling spent at the end of four days. Absorbing a torrent of ideas condensed in a time-capsule is a demanding event for the creativity centre - glucose consuming frontal cortex of the human brain.
After all, TED may be the new religion. For generation Y + X.
Posted on November 01, 2009 by admin with No comments
Santa and Banta submitted the tender for digging the second underwater Euro Channel Tunnel connecting England with France and continental Europe. This was perhaps the first time that a bid for such an extreme engineering project was coming from India, and apparently so it raised a few eyebrows and steered interest. An outsourcing relationship with India was not a new thing, but bidding for second Euro tunnel - that had got to be special...
Mr. Santa and Mr. Banta, the proprietors of Santa Banta & Co., were also among the main invitees to present their ideas describing their technology, tools, budget and time-lines to the consortium presiding over the project. As it turned out S B & Co had the lowest quotation, the shortest time-line for the project, the simplest possible plan and most straightforward execution using the most standard of tools: Santa would take one team (of a few hundred thousand labourers) digging from England towards France, and Banta would do the same from the opposite direction. The consortium was now specifically interested in the technology that S B & Co would employ like Global Positioning GPS for estimation and co-ordination of their efforts and meeting midway through the English Channel.
Posted on October 31, 2009 by admin with No comments
Continuing from the previous post, following are a few more Catch Words of Consulting:
Q x A = E : Quality of Solution x Acceptance = Effectiveness of Change. Q is good most of the time. The Key differentiator is Acceptance and Adaptability for a successful Change management.
Passive Resistance: is nodding the head, but not actually going to participate in change; civil disobedience of a personal kind; dragging the feet with a smile.
Planning vs Plans: D. Eisenhower once said, "In preparing for battle I have always found that plans are useless, but planning is indispensable." Planing is so important that PMBOK devotes the largest of its five process groups entirely on planning.
Posted on October 18, 2009 by admin with No comments
Shubh Deepavali A warm wishes to you and your family for A Happy and Prosperous Diwali
The Festival of Lights of India - illuminations, oil lamps, firecrackers, colourful lanterns, rangoli mandalas, bright clothing, sweets, feasts, and festivities with families and friends.
Posted on October 17, 2009 by admin with No comments
"CHANGE IS THAT BIG FAT PINK ELEPHANT that drunkenly roams around this large organization, stamping on people, without anyone having any idea what to do about it." This is how the elderly consultant illustrated in his concluding report to the senior management of [an organization] that was undergoing post-Outsourcing blues. (Do notice elephant as a hidden reference to India as the low-cost location.)
It indeed was a significant experience to participate in a professional forum in Australia with such Consulting veterans and alumni of the global consulting 'Big 5' sharing their vivid experiences.
Posted on September 27, 2009 by admin with No comments
GOLDMAN SACHS PROJECTS THAT India’s middle class will outstrip China’s by 2045. This is some 15 years after half of China’s population becomes either too old or too young to be part of the workforce.
Perhaps instant-ness of contemporary life induces a certain myopia. Social media - twitter, FB, and other "self trumpets" - may make one feel that 2045 is too far away to be bothered about. And perhaps that's true for some as well, those who would want to die out soon, but 35 years is a fairly short turn around time by economic standards.
Malthusian Matters (pun intended), and stands nonetheless to see another day, another argument.
Posted on August 15, 2009 by admin with No comments
"MIND THE GAP AND THE ACCIDENTAL TECHNOLOGISTS" is the topic on which Andy Mulholland wrote an interesting note recently, and I so wish if this were a guest post on this blog, if only for the namesake.
Highlighting 'the gap', as he puts it, Andy describes the misalignment of Technology focus with Business needs. The problem is rather recent, cropping up only from 90's, because before that, nobody actually bothered. The flexibility of IT introduced by leaps and bounce of advances of the recent decades is the reason for this widening gap because previously the rigidity of how computer systems worked almost ensured that business accepted what (MIS) system owners dictated.
HOW SHOULD ONE REPLY TO THAT seemingly casual email detailing titillating offer of servicing the client from onsite or onshore location for a few weeks or months to take the project to the next big level? The short answer is, reply by sleeping over it a couple of days, especially while one is been-there-done-that category. The recent HBR research article however goes on to urge you to deny it flatly.
It is apparently less costly for the company to push for short-termed, employee-only transfer compared to a two-year global assignment having a settled designation for the similar tasks. The research running for a couple of years shows that these propositions are riddled with marriage troubles, depression, child behaviour issues, and other difficulties.
Peter Principle: "Every new member in a hierarchical organization climbs the hierarchy until he/she reaches his/her level of maximum incompetence." [try here for more]
IT IS PARADOXICAL, SOUNDS UNREASONABLE, AND DEFIES COMMON-SENSE. But that is how it works, realistically and evidently, for any hierarchical organization where the way of promotion rewards the best members and where the competence at their new level in the hierarchical structure does not depend on the competence they had at the previous level, usually because the tasks of the levels are very different between each other. Since about 50 years ago when a Canadian psychologist named Laurence J. Peter published his studies to this effect in 1969, there has been many changes in the way organizations and it workforce operate in relation with each other. There has been multiple experimental models across various industries, including Role-based organization, Competency-based designations, (A fusion of sorts of these two), flat-structures, circular organizations, and alike. Peter principle seem to have remained steadfast among all of these nonetheless.
In their study published a few days ago on Organization Efficiency titled "The Peter Principle Revisited" Prof Alessandro Pluchino and two other colleagues of the Universita di Catania of Italy argue that the long term consequence of Peter principle seems to imply an unavoidable spreading of the incompetence over all the organization and would be in danger of causing a collapse in its efficiency. The team presents a numerical study of Peter principle (arguably for the first time) which they presented as "agent based model" of managing organization efficiency.
[Above: Agent Based Model -- The computational study of the Peter principle process applied to a prototypical organization with pyramidal hierarchical structure having 160 positions across 6 levels. On a lighter note, a colleague recently came up with his idea on the progression within the pyramid structure that the "lighter" the person in terms of work-load, the "higher" she floats towards the top of the pyramid.]
The "Common Sense strategy" is to promote the most efficient person up the hierarchy. However, the study argues that the best strategies to improve, or at least not to diminish, the efficiency of an organization, when one ignores the actual way of competence transmission, are those of promoting an agent at random or of randomly alternating the promotion of the best and the worst members.
Providing alternatives to the CS approach for promotions, the study illustrates two alternative strategies inspired by Peter Hypothesis wherein either a random person is promoted (incidental, which is also in line with Game-theory), or the best and the worst persons are promoted alternatively.
Mushroom Management Theory: Keep employees in the dark and fearful, feed them manure and dung, watch them grow and when they grow enough, get them canned. (try here for more at urban dictionary)
IN QUITE A CONTRAST TO THE PREVIOUS post on model leadership, this is not only a different type of leadership, it is found being practices widely as well. Referencing their publication for this month (June 2009), John Landry of Harvard Business Review writes that Lehman would not have happened if they would have allowed a freer flow of information, or made it easier for employees to raise their concerns. Industry observers have drawn parallels of Lehman explosion with implosions of Enron and WorldCom citing the same "keeping in dark" issues where information is not shared.
Americanism means the virtues of courage, honor, justice, truth, sincerity, and hardihood; the virtues that made America. The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living and the get-rich-quick theory of life. -- Theodore Roosevelt
NR NARAYANA MURTHY OF INFOSYS delivered the opening lecture at Columbia Business School's Khemka Distinguished Speaker Forum at Manhattan on May 26, 2009, where the above quote from Roosevelt were the closing lines.
Mr. Murthy began by describing Capitalism as an economic system in which investment in and ownership of the means of production, distribution and exchange of wealth is made possible and is maintained chiefly by the private individuals or corporations. It is a system that incentivises individuals to use their enterprise, drive, hard-work and innovation to create wealth for themselves and the society.
Mr. Murthy argued that capitalism is also a system most conducive of creation of jobs and elimination of poverty and no other social or political system has succeeded as much as capitalism in benefiting the society at large. Providing his reactions on the issue of things going wrong with capitalism in recent months - especially the disproportional funds and bonuses claimed by executives of organizations going bankrupt, billions worth of fraud funds, and leaders cooking up accounting books - Mr. Murthy, who was declared by The Economist in 2005 as one of the top 10 most admired global business leaders, called for looking inward and for cultivating better ethical qualities to become a respectable leader. Following are the eight of them as he recounts.
Percepts of being a Respectable Leader:
1. Create a good culture around you: Decent behaviour stems from a good culture surrounding a person. It is required to have the culture of openness, fairness, honesty, decency, transparency and accountability in a corporation. This task has to start from day one, and can not wait till you become a CEO.
2. Cultivate simple and inexpensive habits: The best way to overcoming greed is to derive pleasure and spend time on small, simple and inexpensive habits in life. Every decent town has a modest library. And, the government (still) does not tax having a good conversation.
3. Do not equate success with money and power: Success is your acceptance by the circle of you family, friends, your officemates, and your community that you are indeed valuable. Success is also about having good sleep every night.
4. Create an environment of happiness around you: A happy leader has a circle of supportive family and friends. Building such a circle requires a lot of emotional investment on your part. I do not know of anybody who is a demon at his office and an angel at home.
5. Don't get fixated on extreme desires: Desire is the root cause of all sorrows, said the Buddha. Extreme fixation with material things leads to greed, fraud and acts that we would later regret.
6. Shun jealousy: Jealousy is a rationalization of your failure vis-a-vis another's success or achievements.
7. Maintain transparency and develop a sense of humility: When in doubt, disclose (with your family, friends and at workplace). Humility is admitting that there could be other people better than me, and helps cultivate team-spirit.
8. Take part in charitable activities in your spare time: The opportunity of meeting other generous people outside the hierarchy of your organization is a sure way of escaping the orbit of jealousy.
[Above: NR Narayan Murthy delivering speech at Columbia. Go here at YouTube.]
See also:
Go here for the related article on Columbia website.
Go here for more on Mr. Murthy on the official Infosys website.
Beautiful Data: The Stories Behind Elegant Data Solutions
by Toby Segaran and Jeff Hammerbacher (try here)
Looking forward to his book which is due in July 2009.
The 39 contributors of the book explain how they developed simple and elegant solutions on projects ranging from the Mars lander to a Radiohead video.
Some of the topics include:
opportunities and challenges of datasets on the Web
visualize trends in urban crime using maps and data mashups
challenges of data processing system of space travel
crowdsourcing and transparency helps drug research
automatic alerts when new data overlaps pre-existing data
massive investment to create, capture, and process DNA data
The Passionate Programmer: Creating a Remarkable Career in Software Development
by Chad Fowler (try here)
Chad Fowler argues here that your career in Software has to be a personal enterprise. And this publication from Pragmatic Bookshelf is one of my picks for the new engineers joining the Software industry, and who come for advice (and expects me to fortune tell for them :-)
This book is about creating a remarkable career in software development. In most cases, remarkable careers don't come by chance. They require thought, intention, action, and a willingness to change course when you've made mistakes. Most of us (including me to a larger part, and most of those that I know personally) have been stumbling around letting our careers take us where they may. While the uncertainty is not entirely avoidable, Fowler argues that it can be controlled, and this book aims to lay out a strategy for planning a possible successful life in software development.
Success in today's IT environment requires you to view your career as a business endeavour. This book tries to teach how to become an entrepreneur, driving your career in the direction of your choosing. Fowler talks about building your software development career step by step, following the same path that you would follow if you were building, marketing, and selling a product. After all, your skills themselves are a product.
Posted on April 30, 2009 by admin with No comments
UMERTO ECO'S LIBRARY is supposed to be about books on the pending list waiting to be read - a rather twisted argument by Taleb at knowledge assimilation when he philosophises that the unknown is more important than acquired knowledge itself. Perhaps makes sense, if you are a nihilist as well.
Frank Zappa almost gave it up saying, "Too many books, too little time". And this post claims to be no improvisation either. In fact, following are a few from the pending list from my night-stand that give a rather sarcastic stare almost every time. Reviews and comments welcomed.
This book gathers together some of the best writings that has recently appeared in The Economist on the way technology and its use is developing, and is likely to develop and change in the future.
Taking a look at the index was a compulsion of sorts to pick this engaging read. And the opening para alludes towards how IT will have to be a utility, like electricity.
Other comments: From the industrial revolution to the railway age, through the era of electrification, the advent of mass production and finally to the information age, the same pattern keeps repeating itself. An exciting, vibrant phase of innovation and financial speculation is followed by a crash, after which begins a longer, more stately period during which the technology is actually deployed properly. This book examines the post-technology era, drawing on the best writing on technology that has appeared in The Economist...
Reality Check: The Irreverent Guide to Outsmarting, Outmanaging, and Outmarketing Your Competition
by Guy Kawasaki (try here)
Picked it up from the airport lounge last week -- the reviews are generally good -- some rather uncommon common-sense observations and ideas on business in hi-tech/IT industry from a Venture Capitalist pov promises this to be an interesting read.
Other comment: In Silicon Valley slang, a “bozo explosion” is what causes a lean, mean, fighting machine of a company to slide into mediocrity. As Guy Kawasaki puts it, “If the two most popular words in your company are partner and strategic, and partner has become a verb, and strategic is used to describe decisions and activities that don’t make sense” . . . it’s time for a reality check.
The Halo Effect: ... and the Eight Other Business Delusions That Deceive Managers
by Phil Rosenzweig (try here)
While discussing Taleb's ideas with an economist through his blog, he came back with this book recommendation, suggesting that The Halo Effect shall prove a worthy prequel to Taleb's work (later, Amazon book selling trends seconded this).
After acute analysis Phil Rosenzweig observers in this book, contrary to many other mega-selling memes, that success finally comes down to "shrewd strategy, superb execution and good luck"
Other comment: Much of our business thinking is shaped by delusions -- errors of logic and flawed judgements that distort our understanding of the real reasons for a company's performance. In a brilliant and unconventional book, Phil Rosenzweig unmasks the delusions that are commonly found in the corporate world.
Posted on April 12, 2009 by admin with No comments
INTERESTING ILLUSTRATION OF CONSUMPTION BEHAVIOUR in the recession era by Armano on his personal blog Logic + Emotion based on a recent article on the topic in The Economist.
Here is Armano's post, and here is the original write-up at The Economist.
TED: IDEAS WORTH SPREADING is the welcome line at ted.com - an intellectual platform blending Technology, Entertainment, and Design, and almost attaining a cult status. Who's who of the world have marked their presence at its annual conferences starting 1984. This is the stage where Prof. Stephen Hawking urged mankind to colonise neighbouring planets; where the UN peace ambassador Jane Goodall spoke about her 45 years old chimpanzee studies; where Bono won the price of expressing three wishes in a bid to change the world; and where Bill Gates opened a jar of mosquitoes to the audience to spread (with them) awareness about malaria (later, when the panic subsided it was declared that the mosquitoes were harmless for they were cured of the germs. I am not entirely sure though which anti-virus was used by Mr. Gates.)
A meme is an information packet with an attitude. For the current young generation world over, and those leaning towards entrepreneurship, TED is the "in thing". So also for the Darwin look-alike scientist-philosophers such as Daniel (Dan) Dennet, who is deliberately mistaken by his followers for a living personification of the old Greek philosopher statues of Delphi museum. In the video clip that follows Canadian professor Dan Dennet, during his presentation on the stage at TED, spoke about the subject he is famous as well as controversial for: Memes and Atheism.
In a interesting spin to the subject, Dan places Creationists, Terrorists, Memes, and Viruses in the same basket. What comes out is a curious argument surrounding memes (pronounced meem, as in theme), presented in a rather entertaining and gently forceful manner. You are free to disagree with it, that may prove to be the harder part though.
[Above: Prof. Dan Dennet on stage of TED talking about Memes and their power.]
A few points that shall immediately stick an observer:
Where is Economics? There is no apparent stab against commerce and economics, but there is no explicit mention of it as being one of the driving forces for T / E / D either. (Do have a look at the list of sponsors. After all, running TED is not without large commercial help.)
If memes are all about spreading ideas, would you call TED's slogan a good meme? (Apparently, Dan seem to have taken a frown at all kind of memes.)
Spending a good amount of time on Google wasn't that helpful in trying to ascertain the definitive difference between what Richard Dawkings coined as Meme in 1976, and what historians, philosophers and priests over the millennia have traditionally called a Metaphor.
The viral social media seem to provide the perfect medium for meme concept; it remains unclear, however, how far and deep it take the impact of meme theory into the social fabric already. And what, where and who are the checks and balances?
Dan and Dawkings may take offence on the use of the word coincidental on their part, but coincidental it might be that Meme and the social media moto of "Me, me, me..." sounds so alike. (If it was intentional on Dawkings' part, he is surely a visionary. And should belong to the Social Sciences rather than Biology.)
Daniel Dennet's book, Kinds of Minds, is as entertaining as it is serious and thought provoking.
See also:
Go here for the above video of Dan Dennet on YouTube, and here for more on memes.
Go here for Ted.com and its various links, and here for subscribing to TEDtalk videos.