Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Thursday, May 30, 2013

Education World Article - "Tomorrow’s Workforce: What Students Need"

How prepared are our students of today for the skill requirement and challenges of tomorrow? Here is a perceptive little article from Education World.

Tomorrow’s Workforce: What Students Need

Young people in school today will be joining the workforce tomorrow. But are they being prepared for success in the 21st-century work environment? Education World asked experts to weigh in and identify the most important skills that students will need.
Here’s what we learned.
Image

Monday, May 13, 2013

What is going to make the Difference?



Book Review
Edward de Bono.
The Six Value Medals. The essential tools for success in the 21st Century
Vermilion, an Imprint of Ebury Publishing, Random House,  London. 2007. pp. 176, Rs. 245 (Flipkart)

The author is well known for some amazing books like How to Have a Beautiful Mind and Six Thinking Hats. In this forward-thinking book, the author has endeavored to push our thoughts towards a value-driven framework.


When businesses and commerce started gaining momentum in the 17th, 18th century; the sole focus was growth, economical progress and dominance. There was scant regard for anything else. The common tendency of past and today’s businesses is to operate and resolve issues on the way. This is true and is necessary. But the author questions that by simply operating and maintaining are we honestly exploiting our true potential or remaining stunted? He implores his readers to question what should be the true differentiating factors given all common things as constant and available equally.
Edward de Bono contends in this book that competence, information and state-of-the-art technology has become a commodity in today’s world. As a professional or as a company, these factors can be easily replicated. In such a scenario, what will be the differentiating aspect to become competitive and establish as a market leader? He suggests that in the future we will have to embed values in our thought-process and analysis and launch oneself as value-driven from all perspective.
This is a coming of age book for all of us who play various roles in personal life, in our families, organizations and society. The paradigm of conducting ourselves and doing business are changing rapidly and the solutions that will survive the test of time will have to be value-driven. It is no longer about the bottom-line but the values that steer us and our employees and stakeholders in a particular manner. If we understand them, we can come up with amazing solutions and outcome.
Values are prevalent everywhere and in all our actions whether we acknowledge it or not. It is embedded in our subconscious mind. The author’s framework of Six Value Medals highlights various areas or our lives.
·         Gold Medals - Human Values
·         Silver Medals- Organizational Values
·         Steel Medals- Quality
·         Glass Medals- Innovation and Creativity
·         Wood Medals- Effects on environment
·         Brass Medals- Perceptual Values
These values can be rated as strong, sound, weak or remote. Edward de Bono suggests that for any decision, if we follow a simple scoring method for each value, we can make solid progress in our decisions. Every project, issue, conflict, idea, change can be slotted into this framework with promising results.
What will set us apart is how we make decisions, how we choose and think, how we find solutions, how we function and interact with our customers, suppliers, lenders, employees and community. The author implores us to introspect about our values. He points out that values are often perceived as “vague” and “intangible”. And that is where this book becomes useful. It provides a framework to put this intangible factor into perspective, to understand values and assess them.
This book is a tool and not a solution in itself. It stimulates our neurons to think and think deeper and differently. The value triangle and the value map act as guides to help us analyze and assess various values and make sound decisions.

This short book is spread across 19 concise chapters making it easy to read, comprehend and retain. Chapter 3 is the heart of the book which basically explains the framework. Each of the medals is explained in specific chapters. The key lessons and pointers for analysis and implementation lie from Chapters 11 through 16.
This book is seriously recommended for business owners, middle and top managers as well entrepreneurs for personal growth and driving their organization towards a more durable and resilient future. When we start our business, rarely do we ponder about mission or vision. The first scramble is to stay afloat. As we grow and stabilize, we realize that there is a need for something “extra” to become sought after. And that extra is Values in individuals, teams or companies. The author’s larger message in this book is embedding values in how we function will ultimately enrich our society. The author has beautifully presented the tool in a short reader-friendly manner which can be effortlessly absorbed maybe over a weekend. And the reward for investing the time in reading the book will be manifold if implemented in the right spirit and intention.
If you are a budding entrepreneurial venture or an established company, a beginner in a professional career or an industry veteran – this is a must read book to enhance and enrich your work and family, to add a whole new dimension and meaning to your life.

Monday, June 4, 2012

Entrepreneur Development Initiatives

The global economy and its evolution which is often discussed about these days are largely due to the culmination of the random dynamics of many enterprises of different sizes that keep transitioning each moment. The impact of decisions and strategies of larger organizations and conglomerates is much more resounding and visible but “things” actually move due to the numerous entrepreneurial ventures that serve as cog in the wheel of economy. Hence, SMEs being the backbone of economy is not merely a figure of speech but raw fact.
 
The point here is that there is a strong need for entrepreneurs and start-ups. There are huge gaps and demands to be fulfilled which crop up regularly. Often one particular offering gives rise to ten other gaps to be met. For example: The telecom industry gave rise to mobile phones which led to need (but not limited to) for mobile apps, content, security software, data storage and technology to share mobile content like pictures and video over Internet. There isn't lack of ideas or entrepreneurial zeal in individuals but the challenge remains in making them marketable and execute with precision. The present generation is better educated and more eager to start on their own rather than join other companies. The rapid rise in students from premier institutes nixing tempting job offers in favor of setting up their own ventures is clearly on the rise and poses a promising future for entrepreneurship in India.
Everyone starts small at one point in time but how do they manage to scale-up and create an empire. Rockefeller, Vanderbilt, Jobs, Ford, Gates, Ambani, Tatas and the Birlas all started as fresh entrepreneurs at some stage and steadily made it big. No doubt that many agencies both government, private and non-government organizations are trying numerous intervention programs to create positive impetus to foster entrepreneurial drive among individuals to nurture many more such achievers and of course strengthen the economy.
 
The point of concern here is how to make the entrepreneurial development initiatives productive and outcome-oriented. In order to construct a program that yields quantifiable results, we have to understand two fundamental aspects – the traits that help the premise of entrepreneurship thrive in a person and what support they need as budding entrepreneurs to bloom.

Published in SME WORLD June 2012 Issue Click Here

Wednesday, August 10, 2011

The METRICs of SME Challenges

Adaptation of Dr. Subhash Sharma's METRICs model to analyze the Challenges faced by SMEs in India.
The article was published in the August issue 2011 of TISA magazine.



Monday, March 7, 2011

Enterprise Resource Planning (ERP) for SMEs: Random Musings

Today with advancement in technology, the conventional chopdi is steadily getting replaced by applications to fulfill similar aims albeit with greater efficiency and effectiveness. What does a chopdi generally do? Casting a cursory glance will reveal that it helps manage the receivables, payables and highlights the gain or loss position of the business.
The complexity and the environment of conducting business are getting proliferated. Establishing systems to manage enterprises from its fledgling days is becoming paramount if we look around for examples. The effort pays off handsomely in the long run. This compounded with use of technology to manage the systems can be a marvelous arrangement.
Published in SMEWorld March 2011 Issue
Click here to read

Friday, January 14, 2011

Data Management in SMEs

Technology news in SMEWorld Dec 2010 Issue

A common doctrine of life is that everything that takes birth goes through its cycle of activities and then dies allowing others to take its place. In Hindu mythology, “God” is in the form of Brahma, Vishnu and Shiva. All three of them have specific function as a creator, preserver and destroyer. The importance of each is equal for maintaining a balance in nature.
A similar analogy can be drawn in our everyday business life where data and information (either in hard copy or soft copy format) have to undergo the cycle of creation, maintenance and destruction. It is not a choice but a “must”; a necessity.

Click to read

IT is everywhere: Embracing ICT is imperative for MSMEs

Cover Story of SMEWorld Nov 2010 Issue
Do you recall the last time you have used a post card, inland letter or aerogram? Sent or received an urgent message by telegram. Probably 95% of the readers might not even remember. The erstwhile ubiquitous red postboxes have become obsolete and long forgotten.

Click to read