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Showing posts from September, 2018

Predators kill the ecosystem!

      In Business, profit making is given so much of importance that the impacts to the environment is hardly being considered. You might argue that isn't value creation and capture another critical factor for sustaining in longer terms. Yes I wouldn't deny the fact that value creation is given its due but profit making is still the primary objective.        Now shifting the focus towards companies like Walmart who are known for its low cost leadership strategy, they are even notoriously known for killing the kirana stores (or popularly known as mom-and-pop store) in their neighborhood. They are predators in their own way who kill the competition just by sheer dominance. My concern here is definitely what will happen to the ecosystem as a whole if such monopoly continues.      Let us correlate to this to Charles Darwin's "Theory of Natural Selection" (5 points -  competition, adaption, variation, overproduction, speciation) led ...

Parallel second economy!

          Again am stressing the point Man is known for creative destructive nature. We are creating the digitalised world with social media, mobile, cloud, analytics (SMAC) technology that is predicted to be equal to the physical economy by 2025, referring to Brian Arthur's article ' The Second economy '. No wonder this second economy will create a progressive path for few with lesser jobs for the majority, the bigger impact is the divide. Arthur in his article talks about producing wealth with uneven wealth distribution. If this is bound to be true, the world is staged for the next war - Rich vs Poor.             If I imagine the digital economy to prosper in the next decade to its full potential, the economic impacts would be a greater divide between the rich and poor. The most unfortunate thing about this being the economic progress without jobs. I am sure, many countries including India have already started see this kind of ...