July 5, 2017

Virtual Reality is being used in business

From using VR to design warships (it can't get more serious) to having Realtors do virtual walk throughs. A friend from US mentioned recently that his wife (who is a realtor) has increased her sale because it lets a potential buyer do a virtual walk-through of the property. Try and buy is going to become the way we shop. Learning and development has huge opportunities to use VR in training employees not just on the product and services but to build more empathy with customers. Leadership training can use VR to build empathy - an elusive area so far.

June 29, 2017

How to Handle Underperformers on a Team You Inherit

How to handle underperformers in a team you inherit? The manager is responsible for the success of the team. It is not fair to top performers when the manager ignores the underperformers and lets the others pick up the slack. How can the manager help?

June 28, 2017

Can we sell our data for a living

The data we generate is then used to craft algorithms that can predict our next move. That is the basis of all the nudges we get as we shop. “Those who bought X also bought Y” is the algorithm trying to figure out your next move. The algorithms are always trying to second guess you — till the time you give up controls of your life to the algorithm. Then why not make a living by selling this data that is ours.

June 25, 2017

Warren Buffett and Charlie Munger

Would you pay millions to have a Buffett lunch? For more than 18 years, people have tried to outbid each other to have lunch with the Oracle of Omaha – Warren Buffett. This year the winning bidder shelled out $2.68 million for the privilege of having lunch with the man.I have some good news for you. You can get the wisdom of Warren Buffet and his right hand man, Charlie Munger if you pick up the book titled “All I Want to Know is Where I’m Going to Die So I’ll Never Go There”. Yes, that is the title of the book. I was almost not going to read it. I thought it would be another compilation of financial mumbo jumbo and ratios. Then I read the subtitle. It says, “Buffett and Munger – A Study in Simplicity and Uncommon, Common Sense.” This a must-read.

June 22, 2017

Culture Eats CEO For Breakfast

Travis had described the 14 values as a “philosophy of work” that Kalanick and chief product officer Jeff Holden, an Amazon vet, had spent hundreds of hours putting together. The values were built on a world view that there was room for only one ride sharing company in the world. There was no doubt that it demolished the taxi service companies that used to limit the supply of cabs to be able to charge arbitrary prices. Supply of cabs was restricted keep demand higher than supply. Uber demolished all this.It was built on a view that for me to succeed I must kill my peers. The value of “principled confrontation” was designed to encourage employees to challenge authority without fear. On the ground, it translated to bullying the weak colleague.

June 19, 2017

Learn, earn, reach and teach

If you have never been active on social media, do not try to make up for lost time by getting hyperactive. Think of unconventional choices. Have you thought of being your own boss or pursue your passion for teaching? This may be a good trigger to get started. If you want to run fast, then social media could be just the running shoes that you need.

June 18, 2017

How You Can Protect Your Social Media Reputation

There is no delete button on the internet. Your friends get to see your party photos -so can the rest of the world. Every now and then hackers break open the locks and run away with your data. This has happened to every major site. So what you post on the net is for the world to see - even your employers. What can you do? Plenty.

June 11, 2017

Book Review: You Can Do Anything

The more data we create, the more important it is to bring in human judgment. Pulitzer prize winning journalist and columnist for Forbes, George Anders new book “You Can Do Anything” tells you that this may be era of the people with a Liberal Arts education. Technology is sterile unless we can make the human dimension work.