How to Gain Meaningful Employment Over 50
First time I heard it, I was astonished. A friend (and an ex-client) was visiting Sydney with his wife, and we were sharing a dinner. We had worked together more than a couple of decades ago, on some key projects, when I was still learning the art and craft of consulting. He had gone on […]
Dropping an Anchor – Strategic Thinking on Centralisation vs Decentralisation
The chief mate was on the forecastle with the bosun and 3 sailors preparing to anchor the ship. Master was on the bridge of the ship with the second mate, a helmsman and a lookout. The ship had just arrived in the pearl river delta after a long sea voyage, and this being the middle […]
What Makes the Business Networks Great?
What Makes Business Networks Great? Extract from the book “The 5-Star Business Network”, written by Vivek Sood In 2012, when Facebook’s IPO was being discussed in the media, a range of valuations was put forward by the experts between approximately $50 and more than $100 Billion. Most people in traditional businesses were stunned and asked how […]
Strategy Is An Easy Game – Especially for the Good Yachtsmen and Navigators
It appears a bit extreme now – but it was very common at time when I was a navigating cadet. As a 17 year old cadet learning to navigate a large 28,600 metric tonnes vessel, one of first things I was asked to do was to make sure that I learnt the entire ‘International Rules of […]
Why Business Networks Are Important?
“Call it a clan, call it a network, call it a tribe, call it a family. Whatever you call it, whoever you are, you need one.” -Jane Howard Business Networks are important to accelerate and sustain success for any individual or organization. It is imperative to learn from the evolution and success of business networks. Business […]
Apple Watch, And The Sign of a Bad Strategist
When I am doing difficult mathematical problems with my son, if he does not yet know the right answer (or the method to solve the problem), generally he will give several answers in the hope that at least one of them might click. I am trying to train him up to be a good thinker, […]
HOW SUPPLY CHAIN 3.0 CAN LEAD TO TANGIBLE BUSINESS BENEFITS (Part 3 of 6)
In the previous blog entry of this series, I have outlined a customer centric business model, which is also captured in my book The 5-Star Business Network. Now let us delve into the evolution of supply chain models, or how Supply Chain 3.0 came about. In the old model of supply chains, businesses used to […]
Fresh Thinking for New Business Models
Old Business Models are Getting Redundant When General Motors filed for Chapter XI protection in 2008, it also marked the closing of a type of business models in modern commerce. General Motors was seen as the paragon of modern American management theory as popularized by Peter Drucker in the middle of the twentieth century. It […]
A Revamped Business Model: The Introduction of Customer Centric
New challenges need new responses. The common organizational model looks like the generic drainpipe structure, meeting the mammalian need for an ordered hierarchy and flow of power within a business. Most companies have evolved in the last 2 decades and their functioning has become almost entirely customer centric. Their customers’ priorities drive most of the […]
Who is going to win the battle of Titans (Apple, Amazon & Google)
As everybody knows, three giants in the tech and software world have amassed an incomparable power in recent years from their networks and their strategies. With a vast range of products, they have stitched up the market amongst themselves. But what are the strengths and weaknesses of each giant? What are the deep business and […]