Monday, November 26, 2007
Mass-customization: the Ice-cream wallah way
There is a small but big word in marketing: “Mass-customization”. This means that the products being offered are customised for the masses, not only for some selected few customers. Examples? The Dell laptops; you can visit the Dell website; configure your laptop as per your requirements and then order. You will be able to decide on the price based on exactly what you want. Some level of mass customization are also offered by the automobile firms where you can chose what colour, accessories, and components to get your car with. But for me, the biggest business doing the mass customization is my neighbourhood Mewad Ice-cream wallah.
You want a cone for Rs 5, or 6, or 10? You want fruit salad or faluda of Rs 5, 10, or 15? Do you love a particular flavour? The boy won’t ask any question, he will give you exactly what you want and for how much. This is unlike the ice creams from big firms and dairies where you get fixed stuff and pay fix amount…
Inspired by my operations professor who always give indigenous examples instead of straight-from-the-books stuff...
Monday, November 19, 2007
Book Review: The Goal by Edi Goldratt
Saturday, November 17, 2007
Book Review: 11 Minutes by Paulo Coelho
Tuesday, October 30, 2007
Innovative Indian Companies - HCL Technologies:
1. ‘Employee first, customer second’: Because of its shock value, this initiative invited world wide interest.
2. ‘U’and ‘I’ approach: Employees could directly approach and query President Mr. Vineet Nayar.
3. Trust Pay: 85% of the salary of employees were made fixed, including bonus, along with a trust in them to deliver results.
4. 360o feedback: This was made compulsory, and open for all to see. The President of HCL was the first one to put his own form on the intranet for all to review. Others followed suit.
As a result, HCL Technologies saw its attrition rates dropping, employees better engaged in delivering, and deals getting better and multi-functional.
Ref: When corporates change track, J. Mulraj, HT, Mumbai, 18 Oct. 07
Thursday, October 25, 2007
Movies: Ram Gopal Verma ki Aag
Wednesday, October 24, 2007
Innovative Indian Companies - Marico
Recently, Mr. Harsha Mariwala, MD, Marico Industries was on our campus to deliver his lecture on ‘Marico’s Journey”. He spoke on his and his company’s journey, right from the day of inception to today. Here are some innovative practices that Marico has implemented:
o Only two grades: Company realised that the expectation of being promoted every year makes many a disgruntled managers. So the company made its organisation structure having only two grades, called Managers and Partners. A young MBA joining, for example, would start from the Manager level. This has resulted in curbing the attrition in the company.
o House Concept: Company realised that many of the manufacturing plants were situated in remote places where no adequate facilities were available for employees’ engagement. So the company implemented a house concept, where the plant was divided into several houses, and attempt was made to install a sense of belonging among the employees. Through out the year, cultural events and sports are carried out among the houses. This has resulted in less idle time, and hence more balanced life among workers.
o Ex-Employees Association: This association doesn’t stop at the get-together functions. The company keeps track of all its ex-managers. And whenever there is a vacancy in the future, first it gives the offer to an ex-employee who is most suitable for the position. Even in the meetings and strategic discussions, it invites its ex-employees. This much of trust on its ex-employees is something that many companies can’t believe in.
o Kaya Health Clinics: It has got into this as extension to its products. Now it offers complete wellness solutions. This is a shift from a product driven company to a ‘solutions company’.
o Product innovations: (Coconut Oil)
o Plastic bottles, that rats won’t be able to cut
o Cap which works in both winter and summer. Coconut oil in sachets for the masses
Tuesday, October 23, 2007
Hinduism: The Devi who lived here
Where is the Divide?
Do Indians believe in their tribe more than they think themselves as Indians? We had a discussion in the class. I still remember what a colleague said: “All communities have a sense of superiority that they want to impose on others. Honour killings are a proof of that.” And one friend said that most of the Indians are not educated enough to see the big picture.
To me, the old statement “Anekta mein Ekta” (Unity in diversity) still holds valid for India. The willingness of Indians to be associated with their caste or credo is nothing wrong per se, until it comes in the way of others. India is a multi cultural country, there is no denying that. It is needless to write the aspects of diversity that exist in India. But above all what matters is: Indians invariably are tolerant and revere others’ religious or cultural beliefs. That is why we have made it so far!. That is why we as a nation have not fallen apart while many other former British colonies fell preys to religious fundamentalism and tyranny. That is why we are still by large a peace loving junta, except when political powers make us vulnerable. Tell me a country where religious riots, racism or hate crimes have not happened.
Problem exists not in India or the Indians. Problem exists when we indulge in narrow wishful thinking. Problem comes when we are far from the ground realities, and try and compare India with other countries, which are homogeneous because of their size which in many cases is less than an Indian city or state. I hope we are wise enough not to fall in this trap of wishful thinking of having a ‘homogeneous’ country.
For me, extremely diverse cultures having completely different practices and beliefs are just fine; until they don’t impose their superiority over others. In India, we have never done that. But petty politicians want us to believe that ‘we are the best’ and ‘our God is better than theirs’. In almost all states of India, there are regional political parties, which try to enrage a regional sense of pride and exploit that for political benefits. It is sad that many of us fell into such traps many a times. These traps only make us think, research and debate the North-South divide, the Hindu-Muslim divide or the caste divide.
When I moved to Mumbai and knocked at the door of my neighbour, he asked my surname and whether I was a Maharastrian. It was up to me, either to believe that people in Mumbai are racist, or to neglect this as an exception. I chose the latter. And I hope you too see the larger picture.
Sunday, October 21, 2007
Integration – the Engineering Way
It was our first semester at REC Durgapur. Regional Engineering Colleges, as you know, had seats reserved for each state of India, in proportion to their populations. So we had students from each part of India, with their different languages and cultures. Many of them had never come out of their states before. That was the place where they got a national identity. Everyone spoke Hindi and English; every one wore the similar clothes, ate the same food, shared the same hostel, and sat side by side: like brothers.
I remember it was a maths class. The professor was a Bengali (in fact all professors in our college were Bengalis, except one from Kerala). The professors always felt good while taking classes of first year students. He seemed to be in a mood. I still remember what he said:
“This concept of RECs is foolish. They think if students from all parts of India come and learn together, there would be a national integration! How stupid. In fact when students from different parts of India come and live together, there would only be hatred and dislike of each others. They have all passed different entrance exams; they are not all equally talented. Then they have got educated in completely different environments. When each state has an REC, why don’t they reserve all seats for the students of that domicile? If you think there would be any integration, you are foolish.”
We all giggled together.
Four years in our college gave us many more occasions to laugh. There were times when the professors told many nons (that is how non-Bengalis were called) in public that they were not welcome. There were times when there were secret meetings of Bengali students – over the growing ‘menace’ of nons! But in the end, we know – Satyameva Jayate!
Four years at REC Durgapur changed a lot of things. Slightest feelings of differentiation were erased from our memories. It all started from the ragging days. When one junior used the word ‘reserved category’ in front of one of the seniors, he was thrashed, by all 16 seniors, one by one. Then and there, that word was erased from our minds. During the ragging days, we ate together, suffered together and sang and danced together – how can any feeling of caste or religion survive! And those feelings couldn’t get up ever after. Hindu-Muslim divide – no trace. We had Muslims whom you couldn’t distinguish from amongst the class. North-South divides? No way, we had so many best friends, where one was from the north and the other from the south. For us, Rajnikant and Saurav Ganguli were both equally revered heroes. And even Bongs and Nons partied together; fought together and survived together.
Engineering is not only about studies; studies are just a part of it. I say four years in an Engineering College is like acquiring a complete way of life. A vision where everyone one is equal. We have already come across this many times: that engineers are logical. Don’t you think that when we ‘logically’ think, all are equal – and a ‘divide’ of Maharastra, Gujarat, Bengal, or Kerala exist only on geography and NOT in our minds?