Comments on: Beyond privilege: managing information asymmetries http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/ Strategy at the cusp of technology, investment and regulation Thu, 29 Jul 2010 13:24:00 +0000 hourly 1 http://wordpress.org/?v=3.0 By: gregorylent http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/comment-page-1/#comment-649 gregorylent Mon, 23 Feb 2009 13:46:05 +0000 http://www.shefaly-yogendra.com/blog/?p=680#comment-649 how will hyper-connectivity change information asymmetry? how will hyper-connectivity change information asymmetry?

]]> By: Vikas Gupta http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/comment-page-1/#comment-653 Vikas Gupta Sun, 22 Feb 2009 16:54:55 +0000 http://www.shefaly-yogendra.com/blog/?p=680#comment-653 <b>@Nikhil's comments:</b> I've a huge experience with the RTI act. I have filed more than 30 RTI petitions (amounting ot more than 200 pages) to various govt. bodies! @Nikhil’s comments:

I’ve a huge experience with the RTI act. I have filed more than 30 RTI petitions (amounting ot more than 200 pages) to various govt. bodies!

]]> By: Vikas Gupta http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/comment-page-1/#comment-652 Vikas Gupta Sun, 22 Feb 2009 16:51:17 +0000 http://www.shefaly-yogendra.com/blog/?p=680#comment-652 Hello there! Found you on Nitawriter's blog. You have a beautiful, very organized blog here; great theme. The comments on about page are disabled and I had no time to fill that contact form! So, I am writing here only! Feel free to delete/edit this comment; it's incongruous here. This is a very scholarly blog dealing with topics probably not very relevant to me; what the heck I am subscribing to your feeds! BTW, you have a beautiful name (and a beautiful face too if I can hazard a guess from the sneak preview!). :D Ciao! P.S.: You may want to use the commentluv plugin. Your readers and commenters will love it. Also odiogo! Hello there!

Found you on Nitawriter’s blog.

You have a beautiful, very organized blog here; great theme.

The comments on about page are disabled and I had no time to fill that contact form! So, I am writing here only! Feel free to delete/edit this comment; it’s incongruous here.

This is a very scholarly blog dealing with topics probably not very relevant to me; what the heck I am subscribing to your feeds!

BTW, you have a beautiful name (and a beautiful face too if I can hazard a guess from the sneak preview!). :D

Ciao!

P.S.: You may want to use the commentluv plugin. Your readers and commenters will love it. Also odiogo!

]]> By: ian http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/comment-page-1/#comment-651 ian Sun, 22 Feb 2009 15:27:10 +0000 http://www.shefaly-yogendra.com/blog/?p=680#comment-651 Shefaly you only have to look at the reporting of the "Credit Crunch" and "Banking meltdown" to see the problem with information. Was Northern Rock a sound banking operation that was brought down by Robert Preston's reports on the BBC or a regional player trying to make headway in the national market who over extended itself? When it comes to reputation management too many firms believe that it is the role of the PR agent rather than a core part of the executives role. Just look at corporate blogs and the use of twitter and you will see that on the whole these are areas devoid of strategic input. The only time that they seem to think about it is when the press grab a story for a personal blog or Facebook and run with it. For example the Great Communicator Richard Branson and his Virgin Businesses were found wanting when a group of staff complained about customers on Facebook and had to respond by firing the staff for misconduct. Branson does not seem to understand the Web and so has not engaged with it thus the information he has available is limited. At times do we not filter information so as not to hurt others; a white lie here another there and soon we have to remember what we said to whom? How often do you hear someone say that it is my job to recruit people better than me so that the business can grow? What happens in recruitment is that a B class manager hires a C class report so that they know their job is safe. All to many times the recruitment is undertaken via an agent who is not independent but rather interested in maintaining revenues from that client. How else can you justify the appointment of some under performers in very desirable jobs? The nature of business means that you cannot advertise every post and so at times there needs to be some secrecy. Shefaly you only have to look at the reporting of the “Credit Crunch” and “Banking meltdown” to see the problem with information.

Was Northern Rock a sound banking operation that was brought down by Robert Preston’s reports on the BBC or a regional player trying to make headway in the national market who over extended itself?

When it comes to reputation management too many firms believe that it is the role of the PR agent rather than a core part of the executives role. Just look at corporate blogs and the use of twitter and you will see that on the whole these are areas devoid of strategic input. The only time that they seem to think about it is when the press grab a story for a personal blog or Facebook and run with it. For example the Great Communicator Richard Branson and his Virgin Businesses were found wanting when a group of staff complained about customers on Facebook and had to respond by firing the staff for misconduct. Branson does not seem to understand the Web and so has not engaged with it thus the information he has available is limited.

At times do we not filter information so as not to hurt others; a white lie here another there and soon we have to remember what we said to whom?

How often do you hear someone say that it is my job to recruit people better than me so that the business can grow? What happens in recruitment is that a B class manager hires a C class report so that they know their job is safe. All to many times the recruitment is undertaken via an agent who is not independent but rather interested in maintaining revenues from that client. How else can you justify the appointment of some under performers in very desirable jobs? The nature of business means that you cannot advertise every post and so at times there needs to be some secrecy.

]]> By: Nita http://shefaly-yogendra.com/blog/2009/02/17/managing-information-asymmetries/comment-page-1/#comment-650 Nita Sun, 22 Feb 2009 14:33:40 +0000 http://www.shefaly-yogendra.com/blog/?p=680#comment-650 Interesting what you write about the organisation hiring just a certain "type" of people. I have seen this too often..and if an odd person of another "type" gets in, then he tries hard to fit in, at least superficially into the mould. I feel this kind of thing is harmful for companies as those who are rigid about this tend to stifle creative and orginal thinking. Interesting what you write about the organisation hiring just a certain “type” of people. I have seen this too often..and if an odd person of another “type” gets in, then he tries hard to fit in, at least superficially into the mould. I feel this kind of thing is harmful for companies as those who are rigid about this tend to stifle creative and orginal thinking.

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