The bankruptcy of Monitor Group, the consulting firm, has come as a shock to the followers of the strategy gurus who set up the firm - Michael Porter and Mark Fuller. No management education is complete without a cogitation of... Read More.
With energy efficiency and conservation being the new buzz words, there has been an increasing focus on bringing down energy costs as well as being environment-friendly. Real estate in India is responsible for about 30% of the total electricity consumed... Read More.
As discussed in my last blog, the introduction of product patent regime is transitioning the industry into an innovation based one. Indian firms are on the right track with various newly developed molecules entering the clinical trial phase. They are... Read More.
In most companies in India, competitive intelligence is not primarily done by CI professionals. Many functions are interested in competitive intelligence. Sales, marketing, strategy, product development, are the common ones. But finance, HR , procurement and others also need it.... Read More.
Topple rate is a measure that a McKinsey consultant devised in 2007. It measures the rate at which companies lose their leadership position or switch ranks. The ranking in this context is done on the basis of return on assets... Read More.
Most companies undertake annual strategy planning exercises (STRAP) to lay down the plan for the coming year. They undertake market/business research and competitive intelligence to support their planning. Some of this research is backward looking – How much did the market... Read More.
Any businessman will tell you that knowing how your competitors sell their wares and at what prices is simply good business practice. But how do you get this information? Is it Ok to do mystery shopping? As in all other aspects... Read More.
I am baffled by the title of a recent press release from Assocham - “Corporate espionage via social media rampant in India Inc.: Survey”. It is misleading. Assocham conducted a survey in 5 cities in India, covering 1500 senior people in... Read More.
Notwithstanding the alleged irregularities in the Facebook IPO, let's understand that IPO markets have structurally changed over the last two decades. Increasingly, models and rules borrowed from the US have been adopted in other countries, including India. From a time when... Read More.
The Union Budget is a much awaited event each year. We are eager to know what the finance minister has planned for the economy for the year ahead. Nothing wrong with that, but how many of us have actually drawn... Read More.