Thursday, December 16, 2010

Intelligence Vs Information

I have had a brain wave tonight and couldn't help sharing it through my blog. How do you differentiate between Information and Intelligence. We all perhaps know and understand how raw 'Data' is differentiated from Intelligence. In fact there are plethora of BI and Reporting tools in the market who claim to just do that albeit using different names and tags. They follow the basic thumb rule of Information ( unambiguous, contextual, accuracy, speed of retrieval etc etc). But guess the challenge is how do you create Intelligence blocks which is one layer above conventional information

So how about a Business User looking at Sales Forecasting data for his/her items for the next 6 months using trends, customer buying pattern, inventory for those items etc and then applying a market pulse to that analysis so that he/she can add more 'Confidence' to that analysis

Thats intelligence as it is just not data aggregation or roll-ups it goes one step above and adds feedback to the whole process by applying data driven and localized patterns.

Got an opportunity to present Business Intelligence concepts in a MS BI event

More in the next blog

Cheers

Tuesday, November 2, 2010

How free are you...

This post gets dedicated to one of my mentors in the Industry...

He was doing a mentoring session with the CEO of an emerging startup company and the first thing he asked to him was 'How free are you?', at first I was amused but then I understood the deep insight which was wrapped.

In today's world if you really want to make a venture, an enterprise successful you need to be 'Present'. As they say the 'MBWA' , Management By Wandering Around, where as a CEO you are just meeting people ( Clients, Prospects, Investors, Mentors) , fine tuning your pitch and business model and of course you have a strong operational team to back you up.

Gone are the days where you can get a mileage by pitching in with your offerings quality or uniqueness unless they are relevant to the business.

I was hearing a interesting video of one of Guy's book on pitching where he says, imagine that old man sitting on your shoulder and whispering in your ears 'So What', if you can pitch your offering keeping that old guy happy you have made it

It is a journey move on .....

Cheerio

Friday, October 29, 2010

How passionate are you about the work you do

Sorry a long lull in my blogging due to 'Durga Puja' and other stuff. So first of all Subho Bijoya to you all.

This though suddenly popped up in my mind that perhaps one of the key elements of achieving success depends on the fact that 'How Passionate are you about your work', how much 'good feeling' does it generate , how much closeness do you feel when you do those things.

Yes, there are other important things like how scalable is your stuff , how much financial benefits can that generate but paramount importance is 'How much are you enjoying'

So measure that happiness before you embark on a journey because that will decide as to how long can you persist to realize your vision , how much struggle are you ready to face...

More on my next blog..

Sunday, September 19, 2010

Do you have 'CPO' in our organization

Was watching 'Chak De India' and a thought suddenly crossed my mind. Guess what is a 'CPO', Chief Passion Officer, surprised, intrigued .. trust me very soon we will have an official role like this.

What does a CPO do in an organization. He is the one who is responsible to percolate the dream and the vision of the organization at different levels and layers. My personal take is that you need more than one CPOs as you grow big as the challenge of an organization once is grows big is to tie up the organization in one thread.

I know a lot of thinking has been done in this area so thats why you hear about things like company day, annual day, offsite gatherings , CSRs etc but for me they are like one of things , you need to have this on a continual basis

My personal experience says the biggest challenge is to make each and every one in your organization feel important in terms of what they are doing and give them a dream and trust me it is a very difficult stuff to achieve

I know a company in Mexico where every employee is a partner of the firm :)

Keep commenting

Cheerio
Mitul

Wednesday, September 15, 2010

Experiment to Enterprise - A Journey

Been a bit irregular in terms of blogging as have been involved in a few very challenging but time consuming activities.
Suddenly had this thought in mind, how does an experiment, a concept evolve into an Enterprise. How many such journeys lead to destination and most importantly what is that 'Destination'
last 3 years of my experience with such journeys have been very insightful and though every such journey is an unique one but still if one does observe minutely there are certain common patterns

- One trend which is very prevalent in such journeys is the fact that at one point of time the happiness and joy of seeing your concept getting accepted in the market has to be replaced by the concern that your coffers are getting empty

- The mundane* aspects of these journeys are the ones which become the key impediments if not handled properly. So kick start the 'How do I get funds in my business' track at the earliest in your journey. It has dual advantage a.) Of course it gives you a cushion b.) It gives you an early validation of your direction

- 'When do I accelerate and how do I accelerate' is perhaps another common area which hits these journeys. Scaling up has to be planned properly and right timing is the key

- Finally it is important to have an image of how your journey will look like say 3 years from now; so you know whether you would end your journey at that point, or merge yourself in a bigger journey or may be chase another destination, have that in mind as that will act as an checkpoint to how you are doing

would love to hear more from you all ...

Cheerio
Mitul

Monday, August 9, 2010

Intelligent Passion

Hi,

Back to blogging after a span. It has been a Topsy turvy ride in terms of my medical condition so have decided to skip health blogging henceforth ;)

Yesterday while I was taking bath it suddenly stuck me that what makes you indispensable in the industry. Technology acumen, communication, ability to multiplex, client handling blah blah, may be they all contribute but for me it is one single attribute 'Intelligent Passion'

A person who can infuse passion and charge in the group, somebody who can create that madness, that drive is a key, intelligent because that passion has to be aligned with a long term vision/direction rather than just trying to achieve some sort term goals.

Specially for a start-up you need a bunch o such people who can instill that 'we can do it and lets do it' attitude in the group. To become such a person one has to love his work and be proud of it without thinking of any immediate gains , thats when you can drive a team a set of people into it ...

Cheerio
Mitul

Saturday, July 17, 2010

Health is wealth :)

It has been a long gap. Last 2 weeks of my life has been some sort of a 'Wake Up' call. It started of with a 'dull ache' in the lower abdomen which gradually increased, so much so that was sleepless for almost 4-5 days.
Went through a battery of tests USG, Blood and CT Scan and thanks to the good wishes of all my friends and family and of course the almighty there is nothing very serious to it.
In this period there have been some major realizations and I am sure that going forward they would help me to shape myself or rather prepare myself well.
If you are in a long term game you need to preserve/care for your body (unless innovation can bring in a case where you can have a creative mind without the need for a body :) ), so a bit of daily exercises, less of alcohol and smoking and most importantly a good and health diet should at least take basic care of your body.
I am planning to join 'Tai-Chi' courses...
Changed Mitul ;)