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Showing posts from May, 2018

Paradigm shift in the business needed!

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     Adam Smith was a  popular economist whom most of you would have heard of. His famous book 'The wealth of nations' (1776) is a renowned on how nations can build wealth (mercantilism), what government can help nations build wealth thru free market economy. I believe his ideas are even today implemented by corporate to create wealth and by Governments to implement policies to make a economy free-market based. But little did all of us knew that this method of creating wealth only had an adverse impact on our natural resources. Photo courtesy - Internet      Few of us knew his book 'Theory of Moral Sentiments' (1759) was more apt to sustain the natural resources...in short doing business morally rather than keeping wealth as the primary motive. If only this theory had popularized over the principles dictated in Wealth of nations. I personally believe in the next decade, we will see this change happening across the organisations, Governments and S...

Rap it naught

Ready or not Make it a knot All it takes is fake a plot Don’t miss the spot Just sit and find the blot Feel the slot Fill it with a shot Make it a pot That sells, if not rot

Labor Arbitrage!

     The world in the recent past has undergone arbitrage in terms of the labor. We saw the jobs move from developed countries to developing countries like India, China and other south east Asian nations. The competitive advantage these developing nations had in terms of their capability, skills were utilized to the maximum. This led to the developed nations to think why can't such a labor arbitrage happen within their own country? Aren't there few states where the laborers are comparatively cheaper than others within the country? Well it did work for short period as the economics of efficient resource utilization across the world would dominate in the longer run.      Now the situation is gradually shifting within the labor arbitrage but not in terms of geography but in terms of automated machinery (or robots) doing the same job at faster pace with better efficiency. Where does this lead to? My view is, we are evolving right now thinking that robots can ...

Beyond Reality!

     Our world just consists of the things we see. Could there possibly be a world of illusions or dead people? What if we have not experienced it yet? I heard that hypnotizer usually rely on this world to change the pattern. If so, don't you think our reality sucks. Fantasies apart, wouldn't it be just great to travel outside our box and venture in to unknown?      If the above fascinated you enough then you should watch this movie ' Beyond Reality '.          Video courtesy - Youtube. A good movie which keeps you on the edge. Enjoy it.