Saturday, September 13, 2008

Common sense is not common

I was having a detailed discussion with a startup entrepreneur . He has a good model along with brilliant set of products and services . Now, these products and services had a deeper inter-relation and represents a particular category of business domain . This eventually makes him a niche owner . However , I observed, that the ownership of the niche was accidental rather than intentional. So , the entrepreneur completely unaware of the niche he has created , which had a larger market potential is averse towards scaling and better monetisation of the business .

To get a niche , and then focusing on the niche to scale the model to create better monetisation is the most common sense thing to do. However , most of the startup entrepreneur having used to 'do it myself ' attitude, sometimes stops his enterprise, to move into the next level growth. It's like those parents , who find it hard to loose themselves in the growth process of the child, and step back for sometime , that the child takes more responsibility.

Infact ,I created some opportunities for this startup entrepreneur, that he can move in the next level of growth . But his operational psyche is stopping him to take an strategic role , which can lead his enterprise in next levels of growth.

Common sense is really uncommon.

Wednesday, September 10, 2008

Particle physics to Business Continuity planning

Thank God !! The greatest experiment of science, to unveil the mysteries of universe , is found to be safe . Yes , the 'safe' is the key word for the multibillion dollar project, as many feared that it could create some black holes, while the subatomic particles collide in the Large Hadron Collider, which could eventually create a lot of natural calamities to earth.

Though there is no such devastating natural calamities as thought by some people , however there was a strong earthquake in Iran, around the same time. Perhaps it could have no relation with the experiment .

Not much is known about the 'Higges boson' known as God's particle and the field it creates. Getting more clarity on the Higges mechanism was the principle objective of this large scale research .

But what if there are more dimensions then are our regular conception of 3 dimensional space backed by one dimensional time . Scientist expect to find new dimensions also, when this subatomic particle meets in the speed of light . If that dimension , is non-local, then obviously there can be effect of such experiment into geographically distant zones , where strong evidential relationship could not be found.

At times , I have seen these same phenomenon while developing a Business Continuity plan. There might be datas which are entitled into two seperate categories, and who don't have any oppurtunities to establish any kind of formal relationship . Still ,all of a sudden , when our Business intelligence moves in higher plane, the relationship which is so uncommon ,looks very common . This is the starting point of innovation, where a Entreprenuer gets a intuitive revelation to work in a vision which apparently looks impossible. A new pattern gets created in a disruptive fashion. That is somewhere , a relation could be found with the act of Business strategising, and finding substructures of subatomic particles alongwith thier interplays.

Sunday, September 7, 2008

Strategies and tactics : How they differ ?

1.0 The Difference of Strategy and Tactics

Strategies are different from tactics . One is more holistic in nature and the other is reductionist. The most important differences of strategy and tactics are given below :

1.1 Strategies are proactive and tactics are reactive.

1.2. Strategies are internal in source and the business venture has absolute control over their application.

1.3. Strategy can only be applied once, after that it is process of application, with no unique element remaining.

1.4. The outcome is normally a strategic plan which is used as guidance to define functional and divisional plans, including Technology, Marketing, etc.

2.0 The Content of Strategic Planning

Strategic planning is the formal consideration of an organization's future course. All strategic planning deals with at least one of three key questions:

2.1 "What do we do?"
2.2 "For whom do we do it?"
2.3 "How do we excel?"

3.0 The Important aspect of Strategic Planning

The most important aspect of strategic planning in Business is how do we beat the competition.In many organizations, Strategic plan is viewed as a process for determining where an organization is can survive competetion the next year or more -typically 3 to 5 years, although some extend their vision to 20 years. In business lingo this is referred as Sustainable Competitive Advantage.In order to determine where the organization is going, the organization needs to know exactly where it stands, then determine where it wants to go and how it will get there. These analysis is the pretext of resulting document which we know as "strategic plan".