Category: Ideas

Ideas

Interesting discussion on the future of education (Video)

Below is an exciting conversation between Fred Dust (Partner, IDEO), Michael Karnjanaprakorn (Co-Founder and CEO, Skillshare); Tim Marshall (Provost and Chief Academic Officer, The New School) and Andrew Yang, Founder and CEO, Venture for America. These are some of the pioneers who are exploring new ways to prepare our kids for their future (what else does education do). Though, I agree with most of the things that are being discussed here, I think that true revolution in education will only come once we are able to integrate such efforts in the mainstream education movement. Also, we all say that education […]

Business Model, Ideas

Whats the future of business?

The future of business is real time. What does it take to run a real-time business? In my opinion, if one wants to create a business that is run in real-time, they need to take inspiration from how professional sports teams are run. CEO plays the role of the general managers of the team, answerable to the owners (board of directors or shareholders), have a vision for the team and communicate it to the clearly to coaches and players. The coach is responsible for the team composition and with the support team is primarily responsible for one thing only – train the […]

Ideas

What if money were no object ? (Video)

What if money were no object? What would you do with your customers if you thought that money was no object? How would you serve the customer? How would your customer act if money were no object in his/her dealing with you? Some questions to ponder and you shall come up with ideas that you would never have gotten in the first place.. – @rmukeshgupta

Ideas, Innovation

Everyone wants to innovate but no one wants to fail

Every organization, small or large is talking about innovation to be developed as a key strength within their organization. Every organization has an innovation program running at some maturity, but nothing really breakthrough comes out of these innovation programs. So, what’s wrong? Every organization wants to innovate, but no organization wants to fail People do not remember (everyone knows but conveniently forgets) that not all innovation projects will succeed and there is very little that you can do to forecast which one’s will in fact succeed. In that sense, i think innovation projects are like the Movie business and there is a […]

Business Model, Ideas, Innovation

Idea for a disruptive biz-model innovation for banks

There is a lot of discussions and activities around the revival of the good old ATM. Some are trying to make these machines more Customer-centric like Wells Fargo. Some are trying to improve the overall user experience of the ATM like Diebold. However, the true question should be the following: “Do we even need an ATM? Is there a better, easier, faster way to manage cash than via an ATM?” The first bank to figure out the answer to this question has the potential to truly disrupt the banking industry from a cash management perspective. One way that I think could be […]