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Showing posts with the label Evolution

Popularity - would it really define your future income online?

     About couple of months back when I was going to a temple with my family through a nearby village, I happened to see some young folks hardly around 20 years of age with camera. At some distance there was another group with their mobile phones hanging and a young fellow capturing a video of his friends dancing. What stuck me is the craze these young generation are showing to make videos for online platforms.       Let us deep dive a bit. Are these folks here for money or popularity or both? What is driving them to become short video makers which are hardly a minute or two? Of course, its the money and then the idea that they can become popular quiet fast and easily. But isn't it a misnomer. Don't you think this path is quiet misleading.      What is even more depressing is to think that every body can monetize money thru online platforms like Tiktok,  Instagram or YouTube. Yes few of them succeed, but its very handful of them....

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 ...

Man's creative destruction

       Oh God, please save us. Are we on the verge of evolution or destruction? On the technology front, we are assuming that making robots to take up mundane regular tasks is creative or progressive in nature. What if it turned out to be the worst ever invention of human history? Add AI to these bots and they can even think like Humans, at least that is the assumption as of now. Imagine a future where the bots with their intelligence ruling the humans who invented them. Isn't it scary?        Let us take a step back and see where did we go wrong. Today morning I had breakfast with couple of my classmates @ IIM Bangalore course. While having coffee I found that the disposable paper cups used for the coffee had a thin layer of wax and a plastic layer inside the cups making them carcinogenic. Introspecting it further, our own creation to make our lives easier has been the cause for our various diseases or rather destruction. So are we really ...

Evolution of the Service industry...in the making

I just got an   email   which just astonished me...we all know about Raymond Suiting’s. If you have not, it is one of the most popular fabric manufacture, suit makers and fashion designer in India since 1925. Well, the email was about Raymond suiting’s which has been popular in India since 1930s has brought tailoring services to your doorstep. I still remember the good old days of my father and grandfather when Raymond used to be the preferred Suiting’s and Shirting’s maker for any big occasions. Be it a marriage or house warming ceremony, Raymond was the first thought which used to strike in our minds. Even today I would still consider it among the top brands for stitched suits. No wonder it was ranked 23rd most trusted brand of India in 2014. What really shocks me was the step that big brands like Raymond are taking to move towards the Customer satisfaction? Yes they want to bring the service to the doorstep of the customer to save his time, energy and this bold step i...