A good friend (and a regular reader of The Smart CEO) and I had this deep discussion about the concept of narrative fallacy, a term coined by Nassim Nicholas Taleb, author of The Black Swan. Taleb uses the term narrative fallacy to explain that humans tend to take a complex series of events and oversimplify these into simple stories, ignoring a lot of random, but important events that take place in-between. In essence, Taleb believes that as humans, we often ignore the chaos in the world and the role luck plays in all successes and failures.read more
In conversation with Irfan Razack, chairman and managing director, Prestige Group, one of South India’s leading property developers with interests in residential, commercial, retail, leisure and hospitality sectors
A peek into some wonderful anecdotes on branding from Brand Owners’ Summit Bangalore, co-organized by afaqs! and The Smart CEO
Krishnan Ganesh, a serial entrepreneur, believes that brand building opportunities in India are unique. He shares with us his experience from Tutor Vista, Bluestone.com and BigBasket.com
Madan Padaki believes that today’s rural youth has raw talent, entrepreneurial spirit, global aspirations and access to technology. Through Head Held High, he aims to provide them with the right opportunities and eradicate rural poverty in the long run
Mindtree’s Krishnakumar Natarajan believes that a corporate brand is actually an extension of its internal culture and how the brand is felt, perceived and thought about by various stakeholders who interact with it. In his talk at the Brand Owners’ Summit, Natarajan talks from the heart about how brands evolve continuously, just like how people do, and why it is crucial for marketers to keep this in mind as they formulate a branding strategy
Dr. Mohammed Rehan Sayeed, a cardiac surgeon by profession, started Motherhood Hospitals, a mother and child care single-specialty chain, to fill the lacunae in the delivery of healthcare in the countryread more
Unitus Seed Fund-backed Welcare Health Systems has developed affordable eye-screening devices to fight diabetic retinopathy, an illness which is likely to affect one in four diabetes patients in the coming yearsread more
Advitiya Sharma, along with 11 co-founders, set up Housing.com as a map-based home search portal that offers more than 100 data points, at just a clickread more
Dynaflex, supplier of tamper evident packing material to e-commerce companies, casinos, investigative agencies and educational institutions in India, plans to raise US $10 million in six months to fund its expansion and aims to record revenues of Rs. 100 crore by FY2017. Today, over 45 per cent of its revenues comes from the e-commerce sectorread more
KRDS, one of the first few European Facebook marketing agencies, eyes the Indian market for growth. Its key weapon: the 1200 social media campaigns it has executed in 30 countries, so farread more
Today, Robosoft Technologies, a mobile app development firm, generates 75 per cent of its revenues from outside India. But, given the pace at which India is transitioning to smartphones, Rohith Bhat, the founder, believes that the scales may shift in future. Bhat thanks the company’s early-stage success to its first client, a dream one at that, Appleread more
Indian spirits manufacturer, Kyndal Group, is in the process of building a global brand. What’s encouraging is that the brand has seen over 300 per cent revenue growth since 2006 and is currently in a consolidation phase. This augurs well for Kyndal as it prepares to take the fight to foreign brandsread more
Lucia, the critically acclaimed Kannada film has two lessons for its business audience; despite taking a planned route to build a brand, there’s always an unknown element that will draw a customer to it, and the potential of crowd funding to convert ideas to products and dreams to realityread more
Being active on social media and mobile, having face-to-face interaction with customers, and building conversations through personalised emails are some key tactics that brick and mortar and online retailers can use to secure customer feedbackread more
Given that today, workforce diversity is a key driver of innovation and success, companies across the world need to place an emphasis on diversity training and develop conducive policies to support themread more
Sanjay Kamlani, angel investor, serial entrepreneur and founder of Pangea3, the legal process outsourcing firm that he exited, says it is the process of building a business rather than a glamorous product offering that keeps him thrilled. Kamlani explains: “How do we grow our teams, how do we synchronise seamlessly between clients, employees and investors, how do we maintain a very high retention rate? – it is dealing with questions like these that energise me every single day.” That is the sole reason why he has slowed down his angel investment endeavors to pursue his next entrepreneurial stintread more
The story of a serial entrepreneur
The drive to go through the hardship of starting up multiple times is one key reason why Krishnan Ganesh, founder and CEO of TutorVista, is a four-time entrepreneur. He shares with...
The Wise Leader
Narayanan Vaghul, former chairman, ICICI Bank, draws ideas from American Generals during World War II, the life of Mahatma Gandhi and even Sachin Tendulkar’s cricketing career to...
How A.R.Rahman has almost perfected the art, or should one say the business of continuously re-inventing himself...
How you can own a slice of India’s next billion-dollar startup?
An inside peek into Mumbai Angels, one of India’s first angel investing clubs, and several reasons why angel investing can be exciting and rewarding...
Plan A to Plan B and beyond
An entrepreneur’s move from Plan A to Plan B must be ‘process-oriented’, says John Mullins, professor of management practice at London Business School and co-author of ‘Get...
Inventor. Entrepreneur. Investor.
Vinod Dham, who is acknowledged as ‘Father of the Intel Pentium’ and currently founding-managing director at Indo U.S. Venture Partners, has constantly reinvented himself to st...
The People Man
Infosys’ Mohandas Pai is a man on a mission. His biggest challenge today: meeting the aspirations of 1,30,000 Infoscions...
It’s not a myth; it’s a belief
Devdutt Pattanaik shares his experience as the chief belief officer of Future Group and how his understanding of India has helped shape his career and the ethos of Future Group...
The business of quick service restaurants
For an Indian QSR, the best way to approach a business is to make smart choices - on menu, format, location and process. And for those who have managed to build a strong foundation...
Sanjeev Bikhchandani’s search for a Naukri
Info Edge’s executive vice-chairman, Sanjeev Bikhchandani, launched his first Internet portal, Naukri.com, in 1997 when India had only 14,000 Internet users. Today, he is churnin...