Future CEO in the making

November 21, 2006

Good Quotes on the “Importance of Time”
  • The future depends on what we do in the present - Mahatma Gandhi
  • You can ask me for anything you like, except time - Napoleon
  • You will never "find" time for anything. If you want time, you must make it - Charles Bruxton
  • The Future is something that everyone reaches at the rate of sixty minute an hour, whatever he does, whoever he is - C. S. Lewis
  • Take care of the minutes and the hours will take care of themselves - Lord Chesterfield
  • To do two things at once is to do neither - Publius Syrus
  • The laws of science do not distinguish between the past and the future - Steven W. Hawking
  • Time and tide wait for no man - Geoffrey Chaucer
  • Those that make the best use of their time have none to spare - Thomas Fuller
  • Gaining time is gaining everything in love, trade and war - John Shebbeare
  • Time is money - Benjamin Franklin
  • What you lack in talent can be made up with desire, hustle and giving 110 percent all the time - Anonymous
  • The time will come when winter will ask what you were doing all summer – Anonymous
  • Time only seems to matter when it's running out - Peter Strup
  • We must use time as a tool, not as a crutch - John Fitzgerald Kennedy
  • Time is a fixed income and, as with any income, the real problem facing most of us is how to live successfully within our daily allotment - Margaret B. Johnstone
  • There is time for everything - Thomas Edison
  • I wasted time, and now doth time waste me - William Shakespeare
  • Minutes are worth more than money. Spend them wisely - Thomas P. Murphy
  • Time may be a great healer, but it's a lousy beautician - Anonymous
  • The bad news is time flies. The good news is you're the pilot - Michael Althsuler
  • Lost time is never found again - Benjamin Franklin
  • Time invested in improving ourselves cuts down on time wasted in disapproving of others - Anonymous
  • To do great and important tasks, two things are necessary; a plan and not quite enough time - Anonymous

My Take on Time:
"Time like money is a tangible asset. It can be saved, spent, lost, found, invested and wasted. Hence, let not the advantage slip as time never makes a noise"

November 15, 2006

The rise and rise of Google

I could go on and on this all day and night and then into tomorrow and probably the day after to talk about the meteoric rise of Google. Frankly speaking, I haven't enjoyed a technology piece so much for so for many years. Google has been one interesting company to track. Coming-up with humongous amount of innovative and breakthrough technologies. This is one company which raises the bar and sets the expectation level racing.

Open source and Linux, looks a powerful combination to control destinies. Google may not be releasing an open-source operating system or a desktop suite, but the company is definitely promoting, supporting and using open-source software. Just can’t believe how they comfortably beat market expectations quarter-on-quarter. Certainly does reflect in its stock prices scaling to almost $460 from the time they floated it at $85 two years ago. These guys are certainly in for a kill.

Google to its credit has also been able to effectively manage its expansion beyond the search empire to create amazing ventures in the likes of Google Maps, Google Earth, Google News and its price comparison service Froogle. No to mention the recent buy-out of video sharing website YouTube. Interesting, Microsoft CEO, Steve Ballmer in his recent India visit went on record saying “it is actually something that people copied up from TV. YouTube is a copyright law problem waiting to happen.”

Looks like we got to wait and watch for what google and its future hold and have in store the entire community. As far as I can reckon, by far the biggest issue Google may have on hand is its rate of diversification and co-founder Sergey Brin admits that the firm needed to integrate its operations more effectively. "If we continue to develop so many individual products in separate silos, you'll have to search for the product you want before you can use it," he said. "You'll end up doing a search before you can search." Further, he has introduced a program called "features not products" to improve horizontal links between Google's offerings.



Considering the paucity and time and patience for readers, am attaching a good article pertaining the great orginization that it is...
http://www.cbsnews.com/stories/2004/12/30/60minutes/main664063.shtml

August 18, 2006

Execution: The Discipline of Getting Things Done By Larry Bossidy & Ram Charan

I just about finished reading this book and found it very practical and a must read for all MBA grads. Its impressed me so much, that I even made a summary of this book and sent it across to a couple of department heads in my office. Thought I could also post it in my blog as it serves the purpose twofolds. So guyz just sit back and enjoy your read...

Importance of Execution: Execution is a discipline and a system. It has to be built into a company’s strategy, its goals, and its culture. More time and scholarship are given to strategic thinking and management techniques and it’s the leaders who take an idea and make it a reality. Execution is a specific set of behaviors and techniques that companies need to master in order to have and sustain competitive advantage.

Seven Essential Behaviors and Building blocks: Organizations serious about execution and leadership, must exhibit these key behaviors:
· Know your people and your business and always rely on direct information
· Insist on realism as it’s the heart of execution
· Set clear goals and priorities
· Follow through helps better execution
· Measure people performance and reward the doers
· Expand people capabilities by sharing experiences and wisdom
· Know yourself through four core qualities: authenticity, self-awareness, self-mastery and humility

Creating the Framework for Cultural Change: The culture of an organization is the sum of its shared values, beliefs and norms of behavior. To deliver better results, start with examining whether your organization’s ingrained beliefs are helping the business perfect its execution. Following are a few good practices:
· A new way of thinking aimed at examining and delivering better results
· Change behavior by changing rewards
· Importance of dialogue and candid speak

Have the right people in the right place: An organization’s workers are its most reliable resource for generating excellent results year after year. Organizations should have the right people for the right job. The way they can do it is identify the following at an early stage:
· Lack of knowledge
· Lack of courage
· The psychological comfort factor

The Three Core Processes of Execution: Many organizations treat their people, strategy and operations processes as separate, independent entities, when in fact they are interrelated. They must be treated as such in order to ingrain the discipline of execution into the corporation. Let us now look at the three key processes of execution — people, strategy and operations — and show how all three are linked.
- The people process: Linking Strategy and Operations provides the framework for determining the organization’s talent needs over time and for planning actions that will meet those needs
- The strategy process: Making the link with People and Operations requires the utmost attention as it addresses the how part of executing a strategy
- The operations process: Making the link with Strategy and People defines where a business intends to go


Jack Welch’s hands-on management working philosophy: To make a quantum increase in inventory turns in manufacturing operations and generate cash, Welch personally paid a visit along with his team to the leading practitioner of the methodology in the mid-1990’s, American Standard.
Welch normally involves himself deeply and personally with the subject. He would take deep interest to learn what it would take to execute such an initiative at GE, and would facilitate the necessary changes rolling quickly through his huge company. By the time of his retirement in 2001, Welch saw GE’s inventory turns double.

August 17, 2006

Why I blog…

One of those days during my early days of training was absolutely bored, decided that I needed to make use of the millions of bytes out there on the Internet to some use, further leave my footprint in the cyberspace too. Hence, got onto making this site and interestingly I forgot about this site for a month and a half. Until one fine day when I put in my name in Google and surprisingly it pulled up this site. How weird can it get? Google helps you find you!! Huh!! No wonder as the saying goes "You don’t believe me, then go check on Google"

Have you ever considered what or how it would be when you are 70 years old, assuming you live that long, and see your children and grand children (again assuming you get married and then manage to have kids, and they also manage to have kids blah, blah) live and take over what is your legacy. Hmm interestingly I cant even seem to think about it or imagine it, coz life has changed manyfolds than I can ever imagine in the my last 15 years, imagine how much it will change in the next 55 years. Huh I have no idea why I just said what I said, but you read it, and have come this far. By now you should know that all this babble was for just filling up this page. :-)