Or "how to use Network Science to advance strategic goals". Sorry, but that wouldn't make as catchy a title as the mention of Kevin Bacon, would it? But read on and you will see how Kevin Bacon could have smart lessons for business. Let's deal with Network Science first. Network Science is the study of … Continue reading How Kevin Bacon can help your business
Years ago, when I was a Research Fellow in MIT, the Recording Industry Association of America (RIAA) sued MIT asking to identify the student who used MIT's network to upload copies of copyrighted music. Of course, while this was going on outside our freezing office - for some reason, MIT's air-conditioning was regulated centrally from … Continue reading “I’m just a dumb pipe”: Two strategy lessons from the PirateBay saga
When I was 5 or 6 years old, I did not understand what 'the straw that broke the camel's back' meant. One day, my father made a simple experiment. He made a mini-table from card paper, then loaded several matchsticks one by one on its surface till the table collapsed under their weight. Since I … Continue reading Learning to love – and solve – multivariate problems
The nature of societal and business transactions, indeed any human interaction, is that there will always be information asymmetry. In simple terms, an information asymmetry is a situation where one party has more, better, or more relevant information than the other and therefore has an advantage in a negotiation or a transaction. Information asymmetries are … Continue reading Beyond privilege: managing information asymmetries
Or, what do the current economic conditions mean for your global expansion plans? I was recently on a British trade delegation to India. Peter Mandelson, the British Secretary of State for the Department of Business, Enterprise and Regulatory Reform, was leading. The title of this post is a sound-bite from his speech at a televised … Continue reading Markets where possible, regulation where necessary: discuss.
The occasional series of good readings from around the web returns. It usually appears when the week’s readings have been good and should be shared. The themes are strategy, technology, investment and regulation, but sometimes they just cannot be separated. This week's readings are mostly about predictions. G Steven Burrill predicts what's to come in … Continue reading Four For Friday (5)
Perhaps the most tragic thing about the Satyam saga is the name of the company. Satyam means 'the truth' and the company's fortunes have fallen on the sword of anything-but-the-truth. India's first IT company to list on the NASDAQ and also trading on several Indian stock exchanges is being described as India's Enron. The Satyam … Continue reading Satyam, corporate governance and emerging markets
The year MMIX is here. While we are keen and happy to leave 2008 behind as an unpleasant memory, the events of the year will have a profound effect on our lives in 2009. One thing is certain. Everyone - even, or perhaps that should be especially, Bernard Madoff's investors - begins 2009 a bit poorer … Continue reading What to expect in 2009?
In recent discussions with a business prospect about their India entry, the issue of language came up. In particular, the prospect wanted to know if they will need to adapt their product in several Indian languages, and whether a British or an American accent will be preferable in their automated self-service system. Brief and interesting … Continue reading Language: a challenge in becoming a global business
This post emerged from a question asked by a friend on LinkedIn. The question was: Are (sic) Healthcare services outsourcing from India the next big opportunity? Health-insurance companies based out of the US are giving the option to customers, to get their surgeries / medical procedures done from Indian hospitals. Is it now time to … Continue reading Healthcare Services Outsourcing to India?