Ajit Balakrishnan, founder and CEO, Rediff.com, is the author of The Wave Rider, A Chronicle of the Information Age. You can e-mail the author at ajitb@rediffmail.com
Law enforcement authorities in India insist that the market-place operator be responsible that all products and services put up for sale by independent merchants.
In the world of business education, there is no shortage of rankings. In Europe, the Times Higher Education Supplement, the Financial Times and The Economist put out rankings. In the United States, BusinessWeek leads a large pack of rankers. Indian business magazines don't lag in this either with annual rankings from Business World, Business India and Business Today.
Many management theory prescriptions tend to be like my neighbours' attempt to be helpful, without fully understanding what cause and what effect had worked for them when they tried an antibiotic or a paracetamol.
What would Tilak have made of what some environmentalists say -- that the immensely popular Ganesh festivities that culminate in thousands of Ganesh statues being immersed in the sea cause environmental damage.
Florence can overwhelm a visitor. Very few cities in Europe or even the world match it for its atmosphere.
Maybe what we teach at our IIMs needs to be like the Ganges, nourished from many different sources.
Beliefs such as "Don't put all your eggs in one basket," says Prof Manimala, are "heuristics," rules of thumb that people use to make decisions in situations where many alternative courses of action exist and information is unclear or conflicting.
Patel General Stores' business model and that of 11 million other stores like them in India are going to be even more reliant on fleet-footed young men dropping out of school in rural areas.
Recognising solutions to problems, both in science and management, often can be traced to a similar phenomenon -- not knowing that we don't know something.
A broad-based humanities-oriented curriculum the answer for business schools
Hiring a professor's top students and getting the professor for free seems to be the way R&D is done today. And the irony was that we found it in our own backyard.
Innovation happen when two worlds, previously unconnected, collide. And innovators are really people who see the connections between these worlds.
The faster we make the transition from farm to industry, the shorter the pain?
Some recent happenings on the realty and SEZ fronts seem to bother nobody. What worries me is that if more of these events occur, my sense of reality may get altered, says Ajit Balakrishnan.
Ajit Balakrishnan, chairman of the board of governors, IIM-Calcutta, and CEO, rediff.com, gave the Convocation Speech at the Indian Institute of Management, Calcutta on April 1, 2007. The speech is reproduced here.
The credit card industry in India is forced to grope in the dark
User-created one-minute videos have been around ever since the dramatic drop in the price of video cameras.
A perception that India has a gigantic problem has suddenly been turned into a perception that India faces a gigantic opportunity
Sadly, at conferences on entrepreneurship and venture capital, it's not low-tech units and entrepreneurs whom people have in mind.
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