Business in emerging markets

What makes for a good businessman in a highly changing and uncertain competitive world? Surviving the fittest in current business environment and exploring the new emerging markets may take him to peaks and perks. For country like India already getting outsourced by global corporations, due to its cheap labours, also India enjoying it’s English speaking advantage over china in outsourcing. It is time that emerging markets have estimated a big need for big and small investors, but already big corporations emerging in emerging markets. Also there are a lot of opportunities for Small and medium size investors all over the world. Recently I attended a seminar on doing business with LATIN AMERICAN COUNTRIES (LAC) and United States of America, in Chennai (India), Where I got some key points in business over regional, and cultural barriers with effective and appropriate tools.
It is not appropriate if I will mention here about business with USA, because there is a strong relationship between India and US in business, culture too (yes, Indians performing American practices in management, education, entertainments, etc…US using India’s Yoga, Ayurvedics, etc.). But I like to mention some key points in it.

Basically Asians are cost-consious, but Americans are quality-conscious. So with US Size does not matter, Quality does. Adherence to Global Quality standards (by Quality Certifications or whatever) takes you closer to the deal. It helps the businessmen to relate your competency and capability to globally renowned benchmarks.

According to World Bank's 2006 Ease of Doing Business survey ranks India 116th among 155
(Based on Starting a business, Dealing with Licenses, Hiring and firing,
Registering property, Getting credit, Protecting investors, Paying taxes, Trading across borders, Enforcing contracts, Closing a business)
While Opportunities are immense, operating environment needs to be friendlier!

And more significant part, I impressed is on Market Entry Strategy through Business Presentation using effective Communication Tools and Practices, Quality Certifications, “FMA” Method, Understanding the Dynamics of the Market, Bridging Cultural Gap, Effectively Managing the Relationship...what is this FMA method??Fair-Magazines-Associations Method, it recommends to Visit the right trade Fairs, exhibitions and conferences all through the year. Subscribe to technical / industrial / trade magazines / journals related to your business. Associate your business with or join Industry Associations.

There are several examples like this to illustrate…!

Then Latin American countries: Untapped and emerging markets!!

LA countries are untapped markets, to tap this market, substantial awareness needs to be created about the potential of the region, amongst the Indian exporters. The entire Latin America was a neglected region for Indian businessmen due to various reasons.
To get breakthrough, what may be the most important factor to be considered?
Differentiated Marketing Strategy! Yes, The study revealed that the companies have attempted this market were not successful as they have approached the market with their own strategy in Marketing their products in LAC and not Formed any specific strategy for entering this market.
And It is also learnt that even some big Indian companies have tried to venture this market with their own strategy and financial strength, but unable to get into the market.

LAC region is blessed with abundant natural and mineral resources; there are several examples to illustrate…Argentina-Agro Products, edible oils; Brazil -Regional Jet aircrafts, iron & steel products, iron ore, wood pulp, foot wear; Colombia-Crude oil, chemicals, coal, gold, emerald; Chile-Copper, wine, salmon, paper, and pulp; Mexico-Petroleum, manufactured goods, silver; Venezuela-Petroleum, petrochemicals, steel, aluminium, etc…

Selecting a market platform to do business with LAC
Selection of market platform can be either the South Cone countries of Argentina, Chile and Uruguay or the mass markets of Brazil and Mexico. These two options lead to two different consumer value propositions. Here Dr. Ravichandran, Secretary General, Indo – LAC Chamber of Commerce & Industry mentioned, “Value proposition for markets in advanced state of demographic change and level of urbanization is different from that of markets are at the full stage of transformation”. So Brazilian and Mexican markets are gigantic mass compared to Argentina or Chilean markets. For these reasons, firms should focus on developing an effective strategy. With the two largest economies in the region, Firms have to determine whether the core market platform is Brazil or Mexico and then we can easily reach other countries too!

Wal-Mart impact?

Wherever you go shopping in India, there is a tag “goods once sold cannot taken back” in each item. But in USA, we can use the goods for long time may be 3 or 6 or more months, if you are not satisfied, then return it back. This case is applied almost all shops including WALMART.So, Shall we expect this in BHARTI-WALMART retail stores in India? If yes, then it will revolutionize Indian retail business! Because it will, create a great awareness with consumers and Force manufacturers to produce good quality products.

Do you want to write something people will actually read?

How to begin writing a book (or blog post, or article or whatever)
When you do presentations, do you want people to listen to what you say?
Of course you do!
How? Begin by reading Kathy Sierra's article about "better beginnings" and think about how you can incorporate these tips into your writing and your presentations. As a beginner, I'm taking her first piece of advice to hear... "Begin with a question. A question the listener wants to have answered."Here the link http://headrush.typepad.com/creating_passionate_users/2006/10/better_beginnin.html
I encourage to read her articles,every post offers points that anyone can use, beginners and experienced writers and presenters, and that can help you be more creative in your presentations.

Forbes' 20 Most Influential Business Books

In the Forbes' article the writer Dan Ackman pointed to a list of business books the magazine calls these The 20 Most Influential Business Books. Though it was published in 2002, I feel these titles are interesting and useful...

In Search of Excellence by Tom Peters and Robert Waterman (1982)
Built to Last by Jim Collins and Jerry Porras (1994)
Reengineering the Corporation by Michael Hammer and Jim Champy (1993)
Barbarians at the Gate by Bryan Burrough and John Helyar (1993)
Competitive Advantage by Michael Porter (1998)
The Tipping Point by Malcolm Galdwell (2000)
Crossing the Chasm by Geoffrey Moore (1999)
The House of Morgan by Ron Chernow (1990)
The Six Sigma Way by Peter Pande et al (2000)
Seven Habits of Highly Effective People by Stephen Covey(1990)
Liar's Poker by Michael Lewis (1989)
The Innovator's Dilemma by Clayton Christensen (1997)
Japan Inc. by Shotaro Ishinomori (1988)
Den of Thieves by James Stewart (1991)
The Essential Drucker by Peter Drucker (2001)
Competing for the Future by Gary Hamel and C.K. Prahalad (1994)
The Warren Buffet Way by Robert Hagestrom (1991)
Jack: Straight from the Gut by Jack Welch with John Bryne (2001)
Good to Great by Jim Collins (2001)
The New New Thing by Michael Lewis (2000)

PERSIAN FOLK TALE

I read one short and sweet Persian folk tale. I hope you all will like this one....
Long time ago, in a small village of Persia, one man used to live with his servant. One day servant came running from the market. When his master asked him the reason, he replied that in market place he saw death and death was looking towards him with scary eyes. He then begged his master to lend him his fastest horse so that he could go to Baghdad and hide there for a few days. His master granted him permission. After his servant was gone he went to market to buy the ration. There he saw death again. He asked death angrily why he scared his servant. Death replied innocently “I did not mean to scare him. I was just surprised to see him here, because I have an appointment with him in Baghdad in the evening. So I was surprised.”

QUOTES to quote!

Some words can read,some can memorise, few can feel....but these words,should have in single gulp!

"The best writing is rewriting."- E. B. White

"Any word you have to hunt for in a thesaurus is the wrong word."- Stephen King

"Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great."- Mark Twain

"The key to performance is elegance, not battalions of special cases."- Jon Bentley and Doug McIlroy

"Many who burnt heretics in the ordinary way of their business were otherwise excellent people."- G. M. Trevelyan, "Bias in History"

"The best lack all conviction, while the worst
Are full of passionate intensity"- Yeats, The Second Coming

"Don't worry about what anybody else is going to do. The best way to predict the future is to invent it."- Alan Kay

"Short words are best and the old words when short are best of all."- Winston Churchill

"That language is an instrument of human reason, and not merely a medium for the expression of thought, is a truth generally admitted."- George Boole, quoted in Iverson's Turing Award Lecture

"We're even wrong about which mistakes we're making."- Carl Winfeld

A SOCIAL SERVICE!

I rarely get chance to blog here, very hectic! belive me!! Anyways, i suggest that you must read this blog only if you are extreeeeeeeeeeeeeeeemely vettiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii!!(but dont think that im writing this blog by being very vetti, like 24/7 in TASMAC!!.....im writing everything only to make u laugh, live as social service) I thought, thought and thought to make this blog more funny,witty...i hope, i am doing or ll do.

BRILLIANT WAYS GIRLS TURN GUYS DOWN!!

There is an another mail about BRILLIANT WAYS GIRLS TURN GUYS DOWN..... HE: I'm a photographer I've been looking for a face like yours! SHE: I'm a plastic surgeon. I've been looking for a face like yours!! HE: May I have the pleasure of this dance? SHE: No, I'd like to have some pleasure too!!! HE: How did you get to be so beautiful? SHE: I must have been given your share!!! HE: Will you come out with me this Saturday? SHE: Sorry! I'm having a headache this weekend!!! HE: Go on, don't be shy. Ask me out! SHE: Okay, get out!!! HE: I think I could make you very happy SHE: Why? Are you leaving? HE: What would you say if I asked u to marry me? SHE: Nothing. I can't talk and laugh at the same time!!! HE: Can I have your name? SHE: Why, don't you already have one? HE: Shall we go and see a film? SHE: I've already seen it!!! HE: Do you think it was fate that brought us together? SHE: Nah, it was plain bad luck!!! HE: Where have you been all my life? SHE: Hiding from you. HE: Haven't I seen you someplace before? SHE: Yes, thats why I don't go there anymore. HE: Is this seat empty? SHE: Yes, and this one will be if you sit down ........but we guys never give up!!!

KANK review in software engineer's view...

I got a mail of KANK movie review from one of my friend,who is working in software MNC...
1. The program *KANK* has not been built as per the FunctionalityDesign Specifications (script).
2. The director should have first created a proper Design Document(screenplay) and then begun the actual coding.
3. *AmitabhBachchan* is a powerful class with a number of methods andfunctions but it has not been effectively used.
4. *AbhishekBachchan,* a derived class of *AmitabhBachchan*, inheritsall the attributes and properties of its parent class.
5. *ShahRukhKhan* and *RaniMukherjee* are emotionally overloaded andgo into an infinite weeping loop every 60 milliseconds.
6. The methods such as *Songs()* and *Cinematography()* have beenproperly executed and produce fantastic results.
7. *PreityZinta* is an abstract class, which looks pretty but actuallydoes nothing.
8. Functions like *ArjunRampal, JA, and KD* pass NULL values and areredundant.
9. The program takes an unbearably long time to terminate? about 3hours and 20 minutes.
10. Overall, the package is not worth purchasing. You may opt forpirated copies, though.
....i think he watchd this movie in his working hours with pirated copy and he mixed his programing stuffs with karan johar.However,what a creative contribution to software&film industry!!

SUNDAY!!!

It's Sunday, friends.
Stop working, and go out. Like playing? Go play. If you have kids, play with them. If your Dad or Mum is around, go talk with them. If you have a wife or husband, go kiss and hug her/him because you want to do that.
Do present and do whatever u wants. We Indians are naturally hard workers, but I’m encouraging to be lazy at least one day, Sunday!!
Stop working for money, organization, achievements, or for past or future, and or for good or crap!!!
Start working for u, ur mind, ur desires, and ur real interests…. and for present to prove your PRESENCE!!
Relish the osho’s words “Life is a festival, celebrate it“ by releasing worries hanging on your mind….

A Black ticket seller!!

Three days back I went to udhyam theatre to watch movie”thimuru”. After booking tickets I was waiting in front of the theatre for my friend. By seeing my gaze (!) and gestures a stranger approached me, thought me as a BLACK ticket seller….
Stranger: ticket irukka?
Me:enna thimura? (in Exasperated voice)
Stgr: aama thimuru-ku thaan…(film name also 'Thimuru'!!)
Me:??!!…………..(Blinking outside,Tittering inside!)

(Alazha irukaravungullukae intha gaethiya???)

I BECOME ENGINEER…

I wanted to become a Lawyer…
They stopped crimes
I wanted to become a Painter…
They invented photoshop
I wanted to become a cook…
They invented ovens
I wanted to become a banker…
They invented ATMs
I wanted to become a Farmer…
They invented tractor
I wanted to become a Soldier…
They flew white flag
I wanted to become a writer…
They started to write porn books
I wanted to become economist…
India starts to develop
Finally
I wanted my brain unused…
Then I become ENGINEER.

(I can because I think I can…ok ok ithu ellam oru pollapaa-nu thaan kaekureenga, yes ithuvum thaan!!!!)

ZEN & FUN Masters…

Friends before going to read this blog, please empty your DUSTBIN, yes, I mean your BRAIN! The working procedure (in life lab) of our brain is as same as the dustbin, never mind whatever we feed, both intakes without questions. One more resemblance is, both dustbin and brain ends with ‘IN’. Ok coming to the point, the reason I asked you to empty your brain is a ‘ZEN story’. In this story, a university professor went to visit a famous Zen master. While the master quietly served tea, the professor talked about Zen. The master poured the visitor's cup to the brim, and then kept pouring. The professor watched the overflowing cup until he could no longer restrain himself. "It's overfull! No more will go in!" the professor blurted. "You are like this cup," the master replied, "How can I show you Zen unless you first empty your cup."So, please empty your cup, to take this FUN masters stuff!!
And this is my brand new original blog
So it’s a new world-it’s a new start…

In Bryan Adams words…

Here I am - this is me
There's no where else on earth I'd rather be
Here I am - it's just me and you
And tonight we make our dreams come true

It's a new world - it's a new start
It's alive with the beating of young hearts
It's a new day - it's a new plan
I've been waiting for you
Here I am...