Tuesday, April 13, 2010

“The name of life is struggle”
Today I am reading about Indian entrepreneurs, I realize that all successful entrepreneurs like - Sunil Bhari Mittal, Rattan Tata, Vijay Mallya, Azim Peremji, Nandan Nilkani become big brand in India after so much hard work and struggle. This is not easy to set an empire, but more hard to run it. Every entrepreneur faced so many struggles in their early stage, if we take an example of kumar Mangalam Birla when he takeover his family business it was 8000 and now it’s worth more than 30000 crore so this is not by family business, it’s by hard work by a man called kumar Magalam Birla. After reading about all business icons I found one thing common that is, passion and values no matter what about they passionate about. I do not have so much word about these great entrepreneur but I will say that they are not successful because they was resource they successful because of passion they had.

Tuesday, March 30, 2010

How business model works?
This is the question I always think about it, but still I do not have correct answer but I have a view on that because every country have their own strength and weakness like in western country retailers have more power and in Asian countries power in hand of producer because we have unorganized market. Another basic thing generally people not accept new thing easily they accepted new innovative thing in old product like LCD TV, every company work for profit but successful business model is work for change provide different for consumers, something unique facility which other do not have but after this question will come how? So answer is simple and implication is so hard knowing your consumers deeply. If I say I have not seen so much new product in market I only seen change in old product by innovation and value chain (how deliver product to consumer). At last I will say that working for your product but product and service only for consumer which make them comfort and happiness and regular change in that. (Disneyland is one of the best examples of BM).

Wednesday, March 17, 2010

LIC-It can be the Strategic Move?
I read a news before few days that LIC looking for bank license, I were really happy after reading this because it will provide lot of benefit and choice to the consumers and competition to the market means services will increase. Many people can argue on that, why LIC in coming in banking business? My answer is many bank come in the insurance business so why LIC not in banking business. LIC is the company that has very hard trust in the market and very good % share in the banking sector like in corporation bank 26%. So when LIC will come in banking field that time new time will start for banking sector LIC will hold market and it will reach to rural India, so country will more grow and new opportunities will come.

Thursday, January 7, 2010

“WAR OF CARS”
In auto expo 2010 is going on and this year auto expo is different because from now, car war will increase in India and market will become more flexible for Indian consumers, especially for middle class. In auto expo 2010 many companies had launch their small car and pricing is also attractive but some of them not disclose their price but if they want to space in market, they have to do good pricing. This year TATA -ARIA, Maruti-Eeco and R 3 (R 3is concept car),Toyota-Prius, Honda, Toyeta Fine-S, General Motors Beat, Volkswagen Polo, many small cars have launch and come in market within one year and by this move small car market will become more competitive and for consumer will become more flexible from choice part weather it is design or price. This year is also different because in India Maruti and Tata is only companies has good market share in small cars because most of other companies were not is this segment before, but this year GM, Toyota and big name has come this segment . this is the new time for all companies and consumers so be ready.

Thursday, December 31, 2009

bye bye 2009 welcome 2010, wish you happy new year to all, at this movement i will demand one thing from god, please give me geyan, that whole life i follow my hart and do hard work and help to everybody.

Can politics adopt competition?

Now a day’s one controversy is going on in Indian leadership b/w Mr. Shashi Tharoor and Mr. S M Krishna about visa rules, I m not saying who is right or who is wrong I m looking this for another prospective. Just a movement stop this story here come to another story-
Now talk about business, how consumer get the best service? Answer is simple, that market has a huge competition in that market have a good service and this competition can be intra organization regarding performance.
Now connect both stories, because I want to link both stories in terms of social benefit and it can be the prospective of change in Indian political system. I not seen this type of controversy before, the question is, this is good or bad? The answer is simple everything have some good or bad point just look the good point, our country is democratic country everybody have a right to say, so why not Mr.Tharoor cannot speak? when Mr.Tharoor share their view on social networking site MR.Krishna says openly that if Mr.Tharoor have any different view regarding visa rules firstly they have to speak internally, so conclusion is that both are using their rights of speak but their own way and both are right, but this all controversy will be good because by that way people will aware, they will know that something wrong decision are taking and political leader will aware that, people are watching them so they will do right thing.
When two person doing the same task competition will automatically increases and decision become more simple than complex. I say whole thing not only because of controversy, I telling because by that way Indian political system will become competitive and it will develop. At last I will say that completion is always good no matter this in politics or in market overall people will get the benefit of this.

Tuesday, December 22, 2009

An idea form strategy
Yesterday I went to a cloth store for female in Troyes with my friends, it was retail store of cloth like jeans, jacket , cap etc. everything was organize well, and they utilizing space very well in their store, i can say that it was congested store but overall it was well organized. But I were very impress to see their service part, there were more than 6 changing room and it was not so big store, but their concentration was on service, which is really important in current market situation not matter where we are in the world.
The entire thing was good about store but very interesting thing that I not purchase any cloth from this store for my family, I purchase a necklace and my friend purchase one pair of shoes and jacket. The idea is that it was the basically cloth shop but, what were we purchased? So u can imagine goodness of store and I also see many mirrors in the store for service of consumers.
At last I want to say that how the store maintain their core business as well as other product also as maintain their consumer interest maintain cost (because on artificial item have good profit margin) and managing service for all item. So it also tell us about future, that in future we have to develop more things in it is not matter that we are company, product or human being.