Three Management Lessons from the E-Com wars

Flipkart devalued for the seventh time in January 2017. Snapdeal lays off 600 employees. Ola seeks 40% lower funding. E-com startups seem to be losing their shine while Amazon and Uber are flourishing in the same market. What is it that ails Indian E-com players and what are the lessons to be learnt? 1. Value is key not Valuation - Value is what the customer sees in the offering. Price is an estimate of what this value is worth in the mind of the consumer. Valuation is a chimera created by the just…Read more »

Enable flow to enhance productivity and throughput

“Focus on being productive instead of busy”, famous quote by “Tim Ferris” Advisor of Facebook, Twitter, and Uber.   Do you face the issue of ‘lower factory output’ even when your workers spend the whole time efficiently? If yes, you are not alone. There are many factories that are struggling with this problem i.e., “Higher individual output but lower collective output”, more so with factories that operate on ’piece-rate’. The first step in solving this problem is to locate where productivity is lost. When the system is capable of identifying the source of…Read more »

Where is the treasure hidden in your business – this map has answer for all that!

What is the purpose of a map and how does it help us? Ah! It’s simple what kind of question is this!  I know you are not here to learn maps, but to find that treasure and walk off. Don’t worry, we are getting there… Traditionally, if you look into a country’s map it helps you understand boundaries, division of states, road infrastructure, rivers, natural resources etc., In today’s digital world, google maps helps you to navigate from one place to another, tells you the distance, traffic conditions, one-ways, toll plaza’s, amenities on…Read more »

Is your business scoring the required run rate?

  If you are a big fan of cricket, then can you tell me which is the crucial number that the chasing team would always be looking into? Can you guess – is it the target score? Is it the overs remaining? Is it wickets on hand? If your answer is something other than what is mentioned above, then probably you are right! Yes, run rate it is. The chasing team always looks for the required run rate and plan their batting strategy – whether to go behind the bowlers with big hits…Read more »