What Could FlipKart Do Post its Billion Dollar Day Experience

FlipKart’s big billion day was one of the watershed moments in the eCommerce industry in India as they garnered up more than 100 million dollars in sale in 10 hours. You can find the official statement from one of the founders: However, there has been a lot of criticism that they have faced around every aspect of the sale and had to eventually apologize to all their registered customers. There is a lot of learning for all online retailers in India.  The most critical learning in my opinion is that the Indian consumer is still highly price conscious and demanding […]

Tips for Executives to Continue to Remain Effective

One of the biggest traps that effectives fall in is to become too busy in transactional stuff and lose sight of their role. This happened to me in my first stint as a founder/CEO and it almost cost me the business, which I eventually got out of. I have since learnt that it is a good idea if you could step back a minute before doing anything and ask your self the following questions: – Is this the best thing to do, given the current circumstances? – Is this the right time to do this? – Is this the best […]

Heart Beat

What Can Business Leaders Learn from Our Heart

Situation: My health check and my son Last week, I was at a hospital for the first of my regular (hopefully) health check. The doctor was checking my blood pressure and told me that it was slightly on the higher side and that i need to make sure that it doesnt go higher.  When my 9 year old son came to know about this, he asked me the reason for high blood pressure and this lead to a discussion about the functioning of our hearts. When I was explaining the functioning of the heart, I realized the importance of rhythms […]

Thanks

Gratitude, Celebrations and Progress

This post is the 300th post on this blog. This calls for two things actually: Gratitude: One of the most important things in life is to show gratitude for everything that is good in our life. Gratitude and thanks are due to every single reader who have supported this blog by reading, subscribing and sharing the posts on the blog. So, THANK YOU! Your constant support is what makes the time and effort that i put in to write, even more worthwhile. I can only hope and request you all to continue to support the blog by not just reading/sharing […]

Business Networks

Building Sustainable Competitive Advantage in a Networked Economy

Sustainable Competitive Advantage One of the most fundamental pillars of any successful strategy is an organizations ability to create and sustain a competitive advantage, create a niche, business practice, product, service that only is a differentiator for the organization in the market. Some organizations use patents, some use product design (Apple), some use their ability to innovate and come up with new market categories (Uber, 3M, Proctor & Gamble), some use their ability to manage cost (SouthWest Airlines), some use their scale of operation& Gamble, Colgate), some use their customer focus (Amazon, Zappos, Ritz Carlton), some use a combination of […]