Life is a Great big canvas and you should throw all the paint on it you can. (Danny kaye)
Wednesday, May 8, 2019
Tuesday, May 7, 2019
Dear Ms BOT
Google driven impression of Bot
As I sat with my hands folded engrossed in my thoughts, I detected mild symptoms of the illness known as “writer’s Block”. I told myself that it cannot be true because Seth Godin says that no such thing exist. Writer's block is a myth. Can I defy him? Probably not!
"Maybe it is a starting cue that I was looking for to start my next post."
I in fact had a few Ideas that could be converted to posts, like we always do
most of the times. This "fingers off the keypad" phase ensued because it was difficult
to find the right "balance between Benefit and Effort". Ones that could
be put together with very little effort did not look worth the time spent while
those which qualify wasn’t worth the effort involved. A “catch 22”
moment!
Then I received an email from the desk of Ms. R of a blogging portal. It was quite similar in style to
the memos that are often used in the corporate world. I was about to toss it into the bin but had second thoughts since it was addressed to me by my name.
The content was generic with all the potential to be a spam but customized by
addressing it to me by my name. A personal touch to penetrate my spam filter.
Then it struck to me that it’s quite possible that the Ms. R is
actually a BOT and to confirm it I replied back and my assumption was confirmed soon. I am glad that I read it as this gave me the opportunity to
communicate with a BOT… a new first for my book of records!
I agreed with myself to disagree with the opening statement of
the mail which read “it is crazy most of us have not achieved the dream
successes we always envisioned for ourselves”. It’s actually a bit weird to disagree or even communicate with a BOT.
Keeping an eye on the future, I took the strategic decision to
practice conversing with AI. This also provided me an opportunity to breakout from
the catch 22.
If one is curious to know, why would I disagree with a
statement that appears to be quite true, I would be tempted to question “how
many of us can define what success means to one’s own self?”
Is your success comparative or is it absolute!
Sometime others perceive you as a successful person while you
are uneasy where you stand and dream of going somewhere else. “I deserve to be
there”, you keep telling yourself and your perception cannot be further off
from them who consider you successful. Sometime the reverse of this is also
true!
There are situations where people carry along a “kangaroo
career aspiration” while doing well as a teacher/doctor/banker/engineer etc. They dream to be standing in another podium having reached the pinnacle as an artist
or writer or someone else. They bask in that glory signing autographs, getting photographed,
giving speeches … albeit “the MongeriLal” syndrome.
Human being could be different in thousands of mutually
exclusive ways but “day dreaming is our common language as a species.” There is
nothing wrong in such behavior therefore, as long as this dreams are not
associated with “dream successes” as referred by Ms. BOT.
Success is the attitude towards continuous self-
improvement and in my reality remaining happy during the journey is as
important as the celebration at the destination.
Success, therefore is a way of life.
Success, therefore is a way of life.
Why Can't I Break Free
A mighty elephant possessing the strength to large trees cannot
gather the strength to free itself from a flimsy chain tied to a peg. It’s not the
physical chain that ties the elephant but the invisible restraints that tells
its brain that there is no point in trying to break free.
It is the perception of this elephant’s personal reality that
makes it feel weak and feeble with respect to the binding chain because it was created
through earlier failed attempts.
Unfortunately this is not limited to elephants.
We too find ourselves restrained with our beliefs embedded
through earlier experiences or teachings and we created our own reality around
those. We are so strongly programmed that we cannot even distinguish between
possible and the impossible.
Human brain weighs only 3% of our body weight but it
consumes 20% of our energy. This tells us something about its capability if we
decide to put it to use, we can move mountains.
Many people continue to live with stressful relationship, a bullying
mate, an unwelcome workplace, a difficult boss and the list can go on and on
because our belief tells us that this is the only reality. But we do not have
to do that and all we need is to free ourselves of those invisible chains.
Bob Marley said, “Open your eyes, look within. Are you
satisfied with the life you're living?”
We can all ask the same question today and refer to the beautiful
words from Steve Jobs to find our honest answer.
“Your time is limited, so don’t waste it living someone
else’s life. Don’t be trapped by dogma-which is living with the results of
other people’s thinking. Don’t let the noise of others’ opinions drown out your
own inner voice.”
I hope this will take us one step closer free ourselves.
Sunday, May 5, 2019
And some adjusted their sails – episode two
Change has always triumphed. So did the realists who
adjusted their sails acknowledging change as the only constant in our world. While
the pessimists who was whining and the optimist who expected things to revert back
both perished. Continuing with my mini-series about the “Ones who didn’t lose”,
this is the inspiring story about PayPal that was developed by Confinity Inc. in 1998. Their story of embracing change and redirecting the sails to stay relevant is another inspiring story.
Jessica Livingston shared an interview with PayPal founder,
Max Levchin, in her book “Founders at Work” where it was revealed that the company was initially
envisioned as a cryptography company. Later on they developed a service that
would allow the transfer of funds between two palm pilots.
The vision was to enable the consumers to pay their bills and make purchases digitally via their PDAs and eventually eliminate the purpose for carrying a wallet. The transition wasn’t effortless, and the company, at various points in time, deliberated the merits of the staying the course or changing business models. Market maturity for such service did not exist then and frauds almost
forced them out of business.
In 2000 they decided to enable eBay payments via PayPal and this was the game changer. Within a very short period of time the revenue streams from online transactions surpassed that from Palm Pilot transfers. By the end of the year, PayPal had discontinued its Palm Pilot service entirely.
The vision was to enable the consumers to pay their bills and make purchases digitally via their PDAs and eventually eliminate the purpose for carrying a wallet.
In 2000 they decided to enable eBay payments via PayPal and this was the game changer. Within a very short period of time the revenue streams from online transactions surpassed that from Palm Pilot transfers. By the end of the year, PayPal had discontinued its Palm Pilot service entirely.
By 2001, PayPal accumulated more than a million
users. They went public on the NASDAQ. In 2002, the company was purchased by eBay for $1.5 billion
and continue to operate as a trusted payment gateway for eBay and other online
transactions.
The flexibility proved to be the ultimate strength and despite
being founded in 1998, PayPal was swift enough to change course and ride the
high and lows of the digital economy.
Saturday, May 4, 2019
Recession and Job Interview
Last time when I started with the cliché “one thing that is
certain in life is death”, I forgot to mention “recession”.
The theory behind recession is complicated, although we all can
figure out few of the events that makes it happen. I am told that the economists
can bring in recession by repeatedly warning the population about the onset of
one. The possibility of losing income frightens
the daylight out of the population's spending habit. Evaporation of
liquidity from the market creates a dominoes effect on the greater economy and actual recession
soon sets in. Some argue the phenomenon is visible in US economy as consumers
are increasingly losing confidence despite economic KPIs looking good otherwise.
After the global economic crash of 2008, the world economy
has remained largely uncertain, as social and political unpredictability added
to their already troubled economic counterpart. The psychological impact of too
many wars coupled with political turmoil, Brexit propaganda, trade wars, political
sanctions etc. are creating havoc.
The job loses has been rampant forcing many face frequent job interviews during the past decade. The reason could have been varied such as disruptive
technologies, cost cutting, internal restructuring, and lack of projects among
others but the impact on an individual's moral has been the same, nevertheless.
The most stressful subject to answer while sitting at the
interview table is justifying frequent job losses. These are some of the expert
advice that I put together for reference:
- It is important to establish that the reason was not your capability.
- The safest argument maybe due to the position being eliminated during a consolidation or downsizing.
- It could be due to change in higher management
- Falling out of bosses favor due to personal ego.
- A definite No-No is bad-mouthing the earlier bosses.
- Using same reason too many times will not be convincing.
- While it is safer to stay within the vicinity of the truth but do not feel compelled to tell the full truth.
- People tend to explain a lot but this seldom works favorably. In a situation like this the mantra is “less is more”.
The core job knowledge will remain a determining criteria and
so will the attitude. Therefore the brain has to be programmed with a positive
mindset well in advance. This will have positive impact on the nonverbal
communication too.
Remember, the best interview can only be given with the "yes I can”
mindset!
Thursday, May 2, 2019
And some adjusted their sails – episode one
The winds of change have been prevalent since the beginning of
human civilization. Perhaps at the beginning of the “Bronze Age”, the stone-crafters
were super upset at the fear of losing their livelihood. Similar scenario must played
out as the use of iron started to gain momentum and the bronze expert dudes must have
put up great resistance!
But the change triumphed.
Today the wind of change is blowing faster & stronger or that our present perception. The only businesses that remained afloat are those who adjusted their sails in time.
But the change triumphed.
Today the wind of change is blowing faster & stronger or that our present perception. The only businesses that remained afloat are those who adjusted their sails in time.
I contemplating to post a mini-series about The Ones who
didn’t lose and start with the fantastic story about Netflix.
In 1997, American entrepreneurs Reed Hastings and March
Rudolph founded Netflix as a video-rental company. The “dot com” revolution was
then reaching its peak while a much bigger digital storm was brewing in the
backdrop. As the internet continued to grow
more relevant, Netflix did not get into a denial mode and bury their head in the
sand. Instead that faced the challenge and adjusted their sails.
By 2007 Netflix took advantage of the speed of the internet and
began offering subscribers, the option to stream some movies and television
shows directly to their homes. The popularity grew at a phenomenal speed and in 2016, their service streamed directly to homes in more than 190 countries. By the end of
2018, the number of subscribers exceeded 130 million and generated bulk of their revenue.
Netflix decided to create variety of contents to satisfy the
taste and need of their subscribers and developed complicated algorithm for
predicting an individual’s movie preferences based on past choices. This further
cemented the bond with their customers and made them what they are today.
Compare the Netflix story with the stories of hundreds video
libraries & parlors that used to provide similar services in almost every neighborhood.
Wednesday, May 1, 2019
Innovation & Me Being Judgmental
I was once told that “the science of knowing what conventional
logic is wrong about” is a great marketing strategy. But now I know that non-conventional logic is not necessarily always astounding.
Can a new Samsung TV idea which can turn from vertical to horizontal and back
again be classified as an innovation?
Haven’t we seen this happen before in our iPad and all other tablets! Agreed that millennial and gen z love their tablets but is that a good enough logic to assume that they will love to have their TV doing the same.
But why sweat about a TV after all? How many of the young people watch the box these days. TV does not provide the privacy of space and contents that is so dear to them.
Haven’t we seen this happen before in our iPad and all other tablets! Agreed that millennial and gen z love their tablets but is that a good enough logic to assume that they will love to have their TV doing the same.
But why sweat about a TV after all? How many of the young people watch the box these days. TV does not provide the privacy of space and contents that is so dear to them.
I am certain that no theory of innovation can justify launching this creation of Samsung. We know that time will deliver the final verdict and rest assured that the wait will not be that long.
While this vertical TV doesn't excite me, I have seen a fantastic use for a vertical screen elsewhere that shakes the very foundation of innovation of use.
These are the the Smart mirrors, which are also called smart displays or MemoMi Labs Digital Mirrors that Neiman Marcus installed in 34 locations in 2017.
This emerging technology which combines Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) will definitely change of future of retail and makes the virtual shopping experience I have been waiting for not so distant affair.Check here
These are the the Smart mirrors, which are also called smart displays or MemoMi Labs Digital Mirrors that Neiman Marcus installed in 34 locations in 2017.
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