Today I was read about a interesting Bank called BAL VIKAS BANK, the bank has four branches in Delhi (Fatehpuri,Okhla, Nizamuddin Dargah and Bhogal) and some counters in Bihar and they are planning to open more branches, and very interesting thing about this bank that, its run by street children’s, and for street children’s. This bank founded by 24 children’s in 2004 and now days it becoming popular in Delhi and Bihar. The two organizations help the bank, Mahila Vikas kandra and Butterflies (Delhi NGO).And I was surprise that the only streets children are account holders of this bank like- picking garbage from streets, works in cycle shops etc., In this Bank have more than 1200 account holders and more than 25 lakh deposit, and they also provide interest on deposit and loan to their account holders or poor children’s. Only below 18 years children’s can open their account in this bank. After 18 years they can open their account in other bank, and in this bank they can deposit minimum 5 rupee or maximum 500.
Now come on strategic part of this bank, I was very surprised after read this news because nobody wants to help street children’s except few, and by that way they are proof themselves and becoming self dependent and also making country strong. Because they motivate themselves for saving, and saving is best way to become financial strong. If we see this bank this is very innovative and unique and we can learn many things by this bank. They are set the example front of us that if we want to do something in life we can do. (Best of luck for their future)
Monday, November 30, 2009
Wednesday, November 18, 2009
Project Bandaloop
Firstly I want to slam (salute) the effort of them, I am talking about the dance company, project Bandaloop, I have a question to myself ,this is the dance company like others? NO, this is not the company like others, so i ask the difference to me, yes they not have small difference, they have huge difference, their dance is awesome, I am not saying this because of their dance, I saying this because of their spirit, passion, commitment and many more thing, which i never seen before.(except few)
This group founded by Amelia Rudolph with the mission of honors nature, community, and human spirit through dance. Their dance is very inspiration they use climbing and rappelling, the choreography draws on aerial vertical and horizontal movement to craft dance. I will only say one more thing; if we want to become successful person in life, for that, first we want to become Project Bandaloop.
http://www.youtube.com/watch?v=bKEBvs396rs
Firstly I want to slam (salute) the effort of them, I am talking about the dance company, project Bandaloop, I have a question to myself ,this is the dance company like others? NO, this is not the company like others, so i ask the difference to me, yes they not have small difference, they have huge difference, their dance is awesome, I am not saying this because of their dance, I saying this because of their spirit, passion, commitment and many more thing, which i never seen before.(except few)
This group founded by Amelia Rudolph with the mission of honors nature, community, and human spirit through dance. Their dance is very inspiration they use climbing and rappelling, the choreography draws on aerial vertical and horizontal movement to craft dance. I will only say one more thing; if we want to become successful person in life, for that, first we want to become Project Bandaloop.
http://www.youtube.com/watch?v=bKEBvs396rs
Saturday, November 14, 2009
Politician are not corrupt they do everything to come in power?
First I want to clear that I m not in favor or against politician, this is my point of view, let me clear this by an example, teacher teach, what his job, is teaching, player playing, what is his job is playing but in case of politician is differ they have two job, first is they represent people second is their department responsibility, by this way ego come in their mind that we are everything, we have power, without us people not survives etc. and in this ego they not see that what is ethical or unethical, they do whatever they want, because they feel they are power. There is one motive- stay in power, whatever way they follow, is right, according to them.
In this time period they do many good or bad things, sometime one good thing is bad for others or vice- versa.
Politics is field where people come with only one motive- is social service, but when they entre and people start respect them they feel that they have superpower. Their ego overtake their social feelings, and they move towards money, and people also realize it, so they also do what they can do, and when politician realize this that people are going against him they do some ethical or unethical for stay in power.
I m not saying, that they are corrupt when they take commission from people to do work, because, normally people do the same thing in business also, I m saying that, they are corrupt when they do unethical or bias in their decision and not use proper fund they receive.
I want to ask a question to everybody- if u find 500 rupee on road what u will do? Give honest answer.
The leader also do the same thing, so who is wrong, yes we are. We have to ask question for them for us, because whatever money they receive is ours.
We have to realize them that nothing is better than social service and you are not above that.
We have to realize that, nothing is powerful than people.
First I want to clear that I m not in favor or against politician, this is my point of view, let me clear this by an example, teacher teach, what his job, is teaching, player playing, what is his job is playing but in case of politician is differ they have two job, first is they represent people second is their department responsibility, by this way ego come in their mind that we are everything, we have power, without us people not survives etc. and in this ego they not see that what is ethical or unethical, they do whatever they want, because they feel they are power. There is one motive- stay in power, whatever way they follow, is right, according to them.
In this time period they do many good or bad things, sometime one good thing is bad for others or vice- versa.
Politics is field where people come with only one motive- is social service, but when they entre and people start respect them they feel that they have superpower. Their ego overtake their social feelings, and they move towards money, and people also realize it, so they also do what they can do, and when politician realize this that people are going against him they do some ethical or unethical for stay in power.
I m not saying, that they are corrupt when they take commission from people to do work, because, normally people do the same thing in business also, I m saying that, they are corrupt when they do unethical or bias in their decision and not use proper fund they receive.
I want to ask a question to everybody- if u find 500 rupee on road what u will do? Give honest answer.
The leader also do the same thing, so who is wrong, yes we are. We have to ask question for them for us, because whatever money they receive is ours.
We have to realize them that nothing is better than social service and you are not above that.
We have to realize that, nothing is powerful than people.
Sunday, November 8, 2009
Dell computer- A New Way
The innovation and changing business model is the necessity in current market, its proof by the way of Dell computer, Dell computer was famous for direct selling for computers, laptops, but in current market its change, Dell is selling his computer by the way of distribution, why they do that, the answer is simple consumer is king, consumers demand is always change, so company also want to change, but Dell were not did it in past so now its market capitalization is only $30 billion(october2009), those was $100 billion in 2005. But interesting thing that apple share in market is double compare to 2005, and HP also increase 10%, why only Dell decrease?
The reason is simple they not change themselves according to the consumer, apple and HP did this, they innovate in their products. But after 2006 Dell wake up and did change in Dell business model, now they are more focus on skill, innovation and flexibility those they were not in past. So according with time, things also change.
A perspective of Dell market capitalization (in billion $)
In 2005 their market capitalization was$100, in 2007 it was $59 and in 2009(January) it was $21 but by their move it’s increased and now in October 2009 it was $30.
“There’s been a pretty ignoramus shift in our business over last several years” says Dell.
The old Dell is history, we are not trying to become like our competitors he says “We are digging our own path” says by Dell CEO.
Dell market share have drop near 40% whereas Apple and HP increase, net income also dropped out by 28% to $2.6 billion in fiscal year end 2007.
Later in 2007 Dell broke his tradition to selling direct to the consumer, its announcement to sell its machine at Wall-Mart and by the way of distribution channels. They realize his mistake, so now they have become more risky, investing in R&D, Dell give the responsibility to change Dell computer old structure to Gladden, a 20 year veteran of GE. He changes process and culture, now they focus on consumer rather than product.
They decide to segment his business in four segments-
• Consumers
• Corporations
• Small and medium size business
• Government and education buyers
DELL – Past and Present, they make new strategies to capture market again, they are making new way to walk-
In past Dell distribution, innovation, acquisition, management, were different, they were not in distribution, they invest in innovation less than 1%of its renenue and they did not do any acquisition in past, and management only focus on sale laptops.
But in present everything have change, they doing acquisition, investing in innovation, selling software, and big thing that they are selling computers by the way of distribution.
This was the strategies, dell computer adopt for making trust again, and it’s also working but slow.
(Source- business week 26th October)
Pulkit Goial
The innovation and changing business model is the necessity in current market, its proof by the way of Dell computer, Dell computer was famous for direct selling for computers, laptops, but in current market its change, Dell is selling his computer by the way of distribution, why they do that, the answer is simple consumer is king, consumers demand is always change, so company also want to change, but Dell were not did it in past so now its market capitalization is only $30 billion(october2009), those was $100 billion in 2005. But interesting thing that apple share in market is double compare to 2005, and HP also increase 10%, why only Dell decrease?
The reason is simple they not change themselves according to the consumer, apple and HP did this, they innovate in their products. But after 2006 Dell wake up and did change in Dell business model, now they are more focus on skill, innovation and flexibility those they were not in past. So according with time, things also change.
A perspective of Dell market capitalization (in billion $)
In 2005 their market capitalization was$100, in 2007 it was $59 and in 2009(January) it was $21 but by their move it’s increased and now in October 2009 it was $30.
“There’s been a pretty ignoramus shift in our business over last several years” says Dell.
The old Dell is history, we are not trying to become like our competitors he says “We are digging our own path” says by Dell CEO.
Dell market share have drop near 40% whereas Apple and HP increase, net income also dropped out by 28% to $2.6 billion in fiscal year end 2007.
Later in 2007 Dell broke his tradition to selling direct to the consumer, its announcement to sell its machine at Wall-Mart and by the way of distribution channels. They realize his mistake, so now they have become more risky, investing in R&D, Dell give the responsibility to change Dell computer old structure to Gladden, a 20 year veteran of GE. He changes process and culture, now they focus on consumer rather than product.
They decide to segment his business in four segments-
• Consumers
• Corporations
• Small and medium size business
• Government and education buyers
DELL – Past and Present, they make new strategies to capture market again, they are making new way to walk-
In past Dell distribution, innovation, acquisition, management, were different, they were not in distribution, they invest in innovation less than 1%of its renenue and they did not do any acquisition in past, and management only focus on sale laptops.
But in present everything have change, they doing acquisition, investing in innovation, selling software, and big thing that they are selling computers by the way of distribution.
This was the strategies, dell computer adopt for making trust again, and it’s also working but slow.
(Source- business week 26th October)
Pulkit Goial
What matter for product sale and how?
What matter
This is very critical question, what is matter for product sale and organization success- organization strategies, organization polices or advertisement, but I m not fully agree of this, according to me is something different, which is matter for organization and consumer called- DISTRIBUTION CHANNELS (Distributors, wholesaler and retailers)
I am asking a question to myself and all consumers, you know the company name of every product you use? My answer is no, because we use products, not company and we know retailer who sale this product to us.
Let’s take an example of any new product, when new products came to market consumer purchase this product from retailer, because they have trust on retailers that, he will not sale them wrong product and this is truth in market.
How matter
No company willing to sale their product on credit, companies take advance draft from distributors, but what distributor do, he sale company product on credit to wholesaler or retailer. And wholesaler and retailer purchase it because they know we will pay amount to distributor or wholesaler when product will sale or after some days of purchasing.
Example- I was the sales executive in mobile company, we take advance draft from distributor but distributor sale mobile to retailer on credit. Retailer purchase new brand because of trust on distributor and for profit margin. But consumer purchase mobile because of trust on retailer. Indian market is very complicated, and it is hard to understand. I have another example of Pepsi where I have done my summer training, distributor sale Pepsi by hiring sales persons, and they sale Pepsi in auto, and retailer purchase more Pepsi because of them, their behavior, credit power, service and relationship, we can say many thing, but the main thing is, distribution channels matters.
Dell computers was the company who were sale his machine directly to the consumer but now they also selling his machine by distributors, because they realize their mistake. Distribution has tremendous power, and this power is more powerful country, like- India there is large consumers and growth.
After reading this, a question can arise in your mind? that why the retailer and wholesaler purchase products on credit, the thing not only that product is new or old, one very interesting thing behind it, I observe this thing when I was with my father business (distribution), retailer purchase product on credit and go to their store and sale that product, by his capabilities, but not give that money immediate to the wholesaler, they invest it into other products, and after some days they give back money to wholesalers’. Thing is work in that way.
Pulkit goial
What matter
This is very critical question, what is matter for product sale and organization success- organization strategies, organization polices or advertisement, but I m not fully agree of this, according to me is something different, which is matter for organization and consumer called- DISTRIBUTION CHANNELS (Distributors, wholesaler and retailers)
I am asking a question to myself and all consumers, you know the company name of every product you use? My answer is no, because we use products, not company and we know retailer who sale this product to us.
Let’s take an example of any new product, when new products came to market consumer purchase this product from retailer, because they have trust on retailers that, he will not sale them wrong product and this is truth in market.
How matter
No company willing to sale their product on credit, companies take advance draft from distributors, but what distributor do, he sale company product on credit to wholesaler or retailer. And wholesaler and retailer purchase it because they know we will pay amount to distributor or wholesaler when product will sale or after some days of purchasing.
Example- I was the sales executive in mobile company, we take advance draft from distributor but distributor sale mobile to retailer on credit. Retailer purchase new brand because of trust on distributor and for profit margin. But consumer purchase mobile because of trust on retailer. Indian market is very complicated, and it is hard to understand. I have another example of Pepsi where I have done my summer training, distributor sale Pepsi by hiring sales persons, and they sale Pepsi in auto, and retailer purchase more Pepsi because of them, their behavior, credit power, service and relationship, we can say many thing, but the main thing is, distribution channels matters.
Dell computers was the company who were sale his machine directly to the consumer but now they also selling his machine by distributors, because they realize their mistake. Distribution has tremendous power, and this power is more powerful country, like- India there is large consumers and growth.
After reading this, a question can arise in your mind? that why the retailer and wholesaler purchase products on credit, the thing not only that product is new or old, one very interesting thing behind it, I observe this thing when I was with my father business (distribution), retailer purchase product on credit and go to their store and sale that product, by his capabilities, but not give that money immediate to the wholesaler, they invest it into other products, and after some days they give back money to wholesalers’. Thing is work in that way.
Pulkit goial
Wednesday, November 4, 2009
strategy
Strategic Move- India Buying Gold
Yesterday I read a news in business world, that reserve bank of India are buying gold from IMF and its quantity is huge, 200 tonnes against $6.7 billion.
This is strategic move and may be give some benefit to the India like-
• By this move Indian gold reserve will increase and it will reach near about 550 tonnes, means we will strong economically, this gold are buying against foreign exchange amount.
• It will increase India goodwill front of world, and new opportunities will come, because when we will economical strong our financial power also increase, so we will get sound relation with financial institution of the world.
• After this move our gold holding will move 6 % from 4 % of foreign exchange, it is less compare to develop country but good news that , it is four times of china.
• Come to gold market, by this move internationally gold rate will increase, so demand of gold will increase, and will also increase in India, so when people will buy the gold from market and market will buy from RBI, so money will come in market and economy growth will increase.
• When people buy the gold, they will become financial strong so our country will become internally strong.
• One more move, move towards diversification, we are depended on dollar, by this way somehow, its dependency will reduce.
(Source- business world)
Yesterday I read a news in business world, that reserve bank of India are buying gold from IMF and its quantity is huge, 200 tonnes against $6.7 billion.
This is strategic move and may be give some benefit to the India like-
• By this move Indian gold reserve will increase and it will reach near about 550 tonnes, means we will strong economically, this gold are buying against foreign exchange amount.
• It will increase India goodwill front of world, and new opportunities will come, because when we will economical strong our financial power also increase, so we will get sound relation with financial institution of the world.
• After this move our gold holding will move 6 % from 4 % of foreign exchange, it is less compare to develop country but good news that , it is four times of china.
• Come to gold market, by this move internationally gold rate will increase, so demand of gold will increase, and will also increase in India, so when people will buy the gold from market and market will buy from RBI, so money will come in market and economy growth will increase.
• When people buy the gold, they will become financial strong so our country will become internally strong.
• One more move, move towards diversification, we are depended on dollar, by this way somehow, its dependency will reduce.
(Source- business world)
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