Thursday, June 25, 2009

Winning: Straight From the Gut

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Jack Welch’s Winning was suggested to me by Sunil, my school pal. He said that if leaders follow what has been written in this book, Sathyam-like situation could have been averted.

I bought the book immediately.

Winning is unlike the books that I have read. It is a management and self-development book under one cover. The book is pulp of successful manager’s experience. It may not be well-researched but you can be rest assured that it is crude experience. It is a book for CEO, CXOs, Mangers, Supervisors, and, most importantly, for every employee.

Before reading this book, I always felt that Mission/Vision was an exercise of writing meaningless long and complex sentences. Jack Welch explains with real life examples and the appropriate ones as to how this exercise can align the entire organization towards goals.

Whether it is Candor or the 20-70-10 rule, this book touches upon every department of an organization. Jack Welch believes that every department is strategic and has an important role to play in Winning, be it Finance or HR.

As I said it is not a book written by a theorist but by a practitioner; and an honest one at it. As it is said “one learns more from his mistakes”, Jack Welch in this book shares many mistakes he has committed.

Winning by Jack Welch is not a book from the head; it is from the heart. Or better from the gut.

Wednesday, June 24, 2009

Social Networking: Problem of Plenty?

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My interest in writing blogs with renewed vigor was with a post on Orkut. I was not sure if social networking sites were fad or would become part of our lives. A reflection on my behavior indicated that I was using Orkut to find out my existing contacts online and interact with them. I was not keen on newer friends, unless they were fairer variety. So, I felt social networking was at best an extension of Yahoo Groups. But, of course, social networking sites have grown on to became photo album, video album, birthday calendar, game parlor and many more such things.



When I thought Orkut was all that I needed, someone initiated me into Facebook. I opened an account and didn't use it actively, until recently. Then my mails were peppered with invitations to join WAYN and many others. I have resisted the temptation. When I thought going was fine, LinkedIn came along. It has become a must. It has become an essential for someone in the corporate world to be active on LinkedIn. It can get you partners, sales and jobs. So, I linked up. Now, the count is three.

And again I thought that this was enough. Then Twitter twittered into my life. The 140 word social networking, sms, microblogging tool has become very addictive. It’s four now.



A link shared on Twitter showed that while MySpace, Facebook and Orkut are the leading social networking sites in the world. There were many unheard local networking sites leading in different countries. Sonia’s research revealed that there are around 300. That is quite a bit considering the number of netizens in most countries, except for probably developed nations, is definitely low.

But I guess the need for people to network is far from being satiated. Once the number of internet users increase, the importance of such sites is likely to grow substantially. The survival of such sites itself will be interesting to watch out. While, Twitter doesn't have a revenue model, I guess Facebook, Orkut and the likes have or are developing revenue generation models.

On the differentiation front, I haven't used many sites to give my opinion but I think LinkedIn is the most differentiated for segmenting and going after the professionals. It has a well-differentiated offering. The other most differentiated social networking site is Twitter. Limited by 140 words, Twitter probably has a high adoption graph line compared to other social networking sites. It has real celebrities who Tweet real time. By the way, the part on why Internet, despite being a two-way media, still cannot solve the problem for celebrities in responding to fans is a good read, in Clay Shirky’s Here Comes Everybody. While, one can do so many things in Facebook, Orkut…Twitter primarily acts as a message board.



Now, I have reconciled to the fact that I may for sure sign up for another social networking site if there is a different and attractive value proposition. I am not sure if I would need it, though. I have already started signing off TweetDeck for longer period.

Friday, June 12, 2009

TwitterFeed

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I subscribed to Twitter Feed. Is it working, I don't know yet.