Strategy

Book Review – Seeing Around Corners by Rita McGrath

Overview: — I got this book as an advance review copy. Rita McGrath has produced another stunning book, in a way even better than her earlier book “The End of Competitive advantage”. You can pre-order the book here. Ease of reading: — The book is not only easy to read. The stories and the insights from the stories follow one after the other. The stories keep the reader interested and the insights from the stories allows us to learn from these stories. What I loved about the book: We are living in a world where there are inflection points coming […]

Strategy

Strategy to Execution to enable Intelligent Enterprise

Premise All organisation have a stated strategy – one that they would like to execute on. However, most organisations are not able to execute the stated strategy, which leads to the organisation not being able to live up to its potential and deliver what they promise to their stakeholders. So, where do things go wrong?   For any strategy to get executed, there are a series of things need to happen: Strategy definition process (ongoing): The process used to define the strategy needs to take into account the current reality of the organisation – its strengths and weaknesses, the prevalent […]

Ideas, Innovation, Leadership

Why Some Ideas Never Get Heard!

Premise: I have been reading and writing about ideas and how ideas spread and the role they play in innovation. However, there was a question that almost always bothered me – Why some ideas, despite being great ideas, never got the traction they deserved, both within an organisation and in the marketplace. The answer to this question was provided by Nilofer Merchant in her TEDx talk that she shared on her blog. If this is a topic of interest for you, i would strongly recommend that you start following her blog and the work that she does. Here is the […]

Ideas, Innovation

The Power of Framing

If you were offered $5 today versus $10 in a month, what would you prefer? This is the exact question that was asked in a psychological experiment, which has been repeated multiple times by different experimenters and it looks like most of the people who participate in the experiment tend to choose option 1, i.e., $5 today over the $10 in a month. This proved to the experimenters the existence of a bias that we tend to value short term rewards more than long term rewards, also called “temporal discounting”. When the same question was reframed as “Would you prefer […]

Entrepreneurship, Leadership, Personal Growth

The Laws of Success with Albert-László Barabási

Premise: I had always suspected that success and performance are not always related, but the research by Albert Barabasi now shows that this looks to be definitely the case. Albert is a network scientist and has been involved in some very interesting research trying to find the formula for success. In this series of short video playlist, he shares the 5 laws of success that he has discovered through his research: The Secret of Success: Success is unbounded! Success breeds Success Run away with Success Success has no age In Conclusion: Porus Munshi once said that performance and success don’t […]