China has taken up this technological marvel and now the need for air travel reduces between the two cities. Can we effectively use such massive projects to ease transportation across islands ?
A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, member of the faculty of Business Administration of Allliance University, Bangalore, India. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
Wednesday, October 24, 2018
A technological marvel - the 55 km Zhuhai - Hong Kong bridge road ..
China has taken up this technological marvel and now the need for air travel reduces between the two cities. Can we effectively use such massive projects to ease transportation across islands ?
Sunday, October 21, 2018
Case Study methodology workshop from IESE
It was really nice to listen to a Marketing Professor from IESE, Barcelona, Spain (2017 Global rank #10) speak and engage the aydience about the Case Study Method and go through a live case study session at The Taj Westend in Bangalore yesterday 20 October 2018 at 4 PM. It was an invited audience, as I got the invite I too attended the session.
IESE Barcelona Spain |
At the start the Professor
1. asked the students broadly what the case was about, the issue behind the case. His strategy was to first get the participants come up with their comments about the case and then issues of the case they find needs urgent attention which needs to be sorted out. The first 30 minutes, the Prof tried to get different facets and perspectives of the case from the participants. He noted all these points on the two white boards kept at the front on both sides of the audience facing them.
2. Then he tried putting issues which he felt were important and elicited their responses..
Harvard Business School, Boston |
A seminar hall lecture in session at Alliance U |
Thus it is imperative, binding, mandatory and inescapable that students read the case well and prepare their personal notes before they start the discussion for an enriching, reinforced learning experience !!
India has excellent student resources but somewhere in our development and rich culture of ten thousand years, we missed the industrial and technology bus and are languishing now in low levels of industrial and societal development. China too faced a similar situation prior to 1979 before it opened its economy to the outside world. Lets be positive that our youngsters are ready and willing to take humanity to greater levels of growth and development in the coming years. My basic aim is to see the case study pedagogy spread more extensively and effectively in Alliance University School of Business at Bangalore to help raise it to the same league of IESE and otheer top Bschools of the world in the next couple of years.
George
Thursday, October 18, 2018
Why Latex ..
Why Latex ??
Latex is an interesting document preparation system in wide use in the scientific and technological world.
Click here for a Latex Tutorial which I co-authored with Prof. Henri Gavin of UNC.
Latex is the defacto communication software of the scientific and management world.
george ..
Monday, October 15, 2018
Internet and Block Chain - foundational technologies
No recent management article is complete without a mention of the benefits of blockchain that is going to change the field of secure and transparent transactions around the world.
TCP/IP and the Internet added great economic value to society by lowering the cost of connections ..
Block chains are going to add great economic value to society by lowering the cost of transactions
- Prof. Marco Iansiti and Prof. Karim Lakhani, The truth about Blockchain, HBR Jan'17,
Like the Internet as a foundational technology, changed the landscape of connections around the world forever starting with the DARPA Labs experiment in 1973 connecting DARPA labs to major academic institutions across the US, Blockchain too is giving all promise and has the potential to be a foundational technology which would change the way humans transact forever. As different from disruptive and innovative technologies, these foundational technologies hold the promise of changing the foundations of our economic and social systems, of understanding of how to carry out safe and secure connections, communications and transactions.
What is a Blockchain ?
A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data.- WikipediaIn this world we come across lot of daily transactions, carry out different processes, make numerous payments, sign contracts and so on. When digitised all these processes and steps carry their own digital signature.
If we could digitally use this signature of different processes and transactions, it becomes easy to transact and store them for future validation. By doing so, we are indeed building one of the world's most trusted and secure transactions processing system.
For an interesting video on blockchain , click here ..
Saturday, October 13, 2018
Transitioning from old to new technologies ..
Thursday, October 11, 2018
Attn : Jeff Bezos .. The extremely high Carbon Footprint of Amazon packaging in India ..
The extra-strong and sturdy AMAZON packaging, who is paying for it .. The customer or Amazon ? |
How can Amazon India deliver more value to their customers in terms of packaging ? Is the customer delight Amazon India is presently delivering to the customer being misconstrued by the customer as an overkill and an affront to the environment ?
Is there a growing concern at the Carbon footprint of the packaging materials used by Amazon ?
Some useful suggestions to Amazon global. (For Jeff Bezos)
- Please reduce the heavy packing Amazon uses to deliver products to the customer. Optimising packing quality, dependability and durability to match the value of goods being delivered !!
- Reduce the mismatch between packing box volume and delivered items, smaller items should be delivered in smaller boxes, particularly in the case of Amazon pantry. Try to reduce the number of shipments too ..
- Amazon's packing materials are very durable and strong, customers don't feel like disposing them and store it for future use at homes
- The value add Amazon deliver is not only for the materials they supply, but also in the quality and reliability of the delivery mechanism. This no doubt, brings extreme customer delight !
- The Indian customers are equally concerned about the "damage Amazon does to the environment" in it's over-obsession to serve the customer, while forgetting the damage it does to the environment. Use optimal packing modes
- With the fear of having to stock such high quality packing material at home or disposing them safely, the customers are not sure how soon one will find fill the homes filled with packing material and make customers re-think their personal e-commerce strategy and force them to go back to old methods of brick-and-mortar shopping - all for the sake of the environment
- Amazon India should develop a reverse logistics strategy (at the delivery time itself) of collecting undamaged packaging material which could be used for future packaging to other customers.
- Amazon India can consider developing an extra performance metric of Packaging turns, like inventory turns. Try to aim for a value of 3 and more, the value of which signifies the number of times the same packaging could be used to serve goods to customers. Else Amazon India is doing a great disservice to the environment.
- The Indian customers wish to understand and analyse the cradle-to-grave account of Amazon packaging material to ensure the customers are not damaging the environment by shopping at Amazon.
The typical and time-tested approach of the world's oldest civilization from India to resource consumption and to all aspects of life has been to have an optimising mind-set. Not of the Jugaad type, but of the useful, reusable, recyclable and environment friendly product type.
Not sure, but will a deviation from this mindset potentially damage the brand image of Amazon in India in the long run ??
Tuesday, October 09, 2018
Nobel peace prize 2018 to Nadia Murad
Bravery in spite of personal insult and shame .. Nadia Murad .. |
Saturday, October 06, 2018
Importance of Communications ..
Thursday, October 04, 2018
Alice Vaidyan enters Fortune Top 50 Most Powerful Women of the world list
Alice Vaidyan,, pic courtesy Bennet Coleman. |
Click here for the Fortune magazine link ..
The year 2018 saw the exit of Indira Nooyi, former CEO of Pepsi (Indian origin but US citizen, a product of IIM Calcutta and Yale University, US) and the former CEO of ICICI Bank Chanda Kochar and Shikha Sharma of Standard Chartered Bank.
Alice Vaidyan, a veteran of the global insurance industry brings with her 30 years of international insurance experience. She is the Chairman and Managing Director of $6.8 billion General Insurance Corporation of India (GIC Re) spread over 160 countries of the world ..
Under her leadership, GIC rose from rank 14 globally to rank 10 and expanded operations to 160 countries across the world. GIC is the Government of India's second largest dividend payer at approx. INR 1200 crores ($200 million) for the year 2018.
Alice Vaidyan graduated in Chemistry from St. Josephs College Irinjalakuda, Kerala, completed her Post Graduation in English from SB College Changanassery, Kerala in 1983 and later got extensive training at the Harvard Business School, Boston in Strategy and Leadership.
Alice has three kids, all grownup and is a doting grandmother to a 8 month old boy. Her husband, Dr. M G Vaidyan, was the former Deputy Managing Director of India's largest state run bank, State Bank of India in Mumbai. Her parents Easaw Mathai (from SBI) and mother Thankamma Easaw, stay in Kochi, Kerala.
George ..
Wednesday, October 03, 2018
What’s happening to General Electric ?
I bring such interesting points of discussion to the class. It gives students an international exposure and makes them think like entrepreneurs and CEO managers to change companies and their operational style..
In spite of Flannery being the darling of the Board till 14 months back, suddenly lost grace and was replaced. At high levels such events do happen and it is real. It reflects on the immediate compulsions of the organisations.
No corporation can forever remain immortal ..
1. Is the 120 year old GE a company from the older generation waiting to be replaced by a younger entity ?
2. Can the new leadership give a new purpose to GE and take it to the top ?
3. Why have shareholders been losing their faith in this company which was the darling of the masses till a few years back ?
4. Is this the path that all corporations will one day have to take of initiation, growth, sustenance and decline ..?
5. Will the new CEO, Culp, a Harvard Bschool alumnus be able change its fortune ?
6. Will market cap decline be a forewarning to decline of the corporation ?
7. What will be Culp's strategy to help GE re-emerge in the hi-tech market of the world and remain a dominant force ?
Monday, October 01, 2018
Understanding the Google work culture ..
Tools in effective teaching.
Here are 10 teaching strategies for effectively teaching MBA students different concepts of Operations: 1. Case Study Analysis: - Use rea...
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