Tuesday, July 26, 2011

The capitalist need the entrepreneur more

Despite all the raving and ranting by the capitalists, the truth is that it's the capitalist that needs the entrepreneur more.
Without an entrepreneur (which of course the capitalist can himself be) the capitalist cannot hope to grow his wealth.
There are an estimated 42 million entrepreneurs in India. Most of them survive (and grow) without help from the capitalists.
Many a young entrepreneurs get hooked on to the idea of raising capital, when a little modification a little scaling down of the plan can get them started without it.

It may come as a surprise to some to know that it was the entrepreneur who showed up first on earth.

Thursday, July 21, 2011

Unifying Ideas

Everyday there is an endless assault of information, customer demands, breakdowns, absenteeism, insights, errors, exceptions, vendor meetings... that can easily drown us in activities and drain us of our energies. Worse still we risk losing our way and ending up nowhere.

What we need are unifying concepts, ideas and models that help us see all this in a unified way. We need to look for the 'one thing' that can explain many things or the 'one thing' we need to hold on to that helps us grip many things at once. Or we need to look for how can it all be arranged using a simple model.
Or better still what is a simple operating model that we can use to organize our response to these. Arriving at such a perspective is probably the starting point to being able to manage things better.

Monday, July 04, 2011

Most important resource wasted

People are one of the biggest cost for most business. People are the most important resource in a business. But people resource is also where the most waste occurs.