Meet Mr money mustache the man who retired at 30
How Entrepreneurs come up with great ideas?

Authors blog

This picture and Amazon review give  an overview.

why-chemotherapy-that-costs-70-000-in-the-us-costs-2-500-in-india/274847/

Counting squares

On demand supply chain. demand supply chain

/this-column-change-life-

social science

To find insider trading follow the kids money

Different metrics

market TSR Vs operating TSR - Total shareholder return from procter & Gamble

Stock weighted vs flow weighted - House prices change from Goldman Sachs

Something about Porter

What is strategy?
Activity map

Insurance

Apart from your driving and credit score, what else does your premium depend on? Your community's driving and claiming behaviour. Lets say  company A charges less than company B to attract customers. With time, customers and claims increase. If company A charges you more at the beginning of your driving history, because your zip codians have claimed a lot, then at some point your neighbours will start shifting to company B.
Umbrella insurance.

What business are you in?

How to dissolve the marketing myopia and the product lens

Playing to Win by A.G. Lafley and Roger L Martin

Not your company's product or the detailed service. But the value you provide to the customer.

Products.
One Tide. Many varieties. One Bounty. Different textures, strength, absorbency.

Technologies.
Febreze technology locks onto the bad odor molecules and neutralizes it.  Quilting technology for paper towels. Film manipulation know how from diaper making to trash bags.

Why procter? According to this Nasdaq article, Procter & Gamble has 38% of its sales from emerging markets. Entering and thriving in a market which calls for a different pricing calls for fitting the circle into a square peg problem. A president of the company decided that a baby diaper in the emerging market should be affordable and cost as much as an egg. Instead of diluting its brand by selling sub par or whittling own the product, they kept the consumer in mind.
Since the company caters to household products, many exapmles in the book are easily relatable. Tide, Diapers, Febreze. 

How Pand G presents data

Books referenced:

A good case study of Four Seasons hotel catering to both home and convention center style. On th elighter side, look at what a casual trip plan can turn into in a scholar speak.

   

Techie stuff
Porter Activity map
OGSM
Assertive Inquiry
Weighted Purchase
BCG matrix
VRIN model
GE Mckinsey 9 box matrix

Q: How many times the deposits, can a bank lend?

A: 8

Hedge funds

Exchange rate mechanism

Efficient-market hypothesis
Block trade
You can insure credit default swap but not someone else's home without insurable interest.

Books referenced


        

Analytics

You are asked for your credit score for mortgage. But did you know that insurance companies too use your FICO score to create an Insurance score that decides your premium. wine companies are able to employ analytics.
If analytics can be used to predict risk, may be regulators should ha used it to see the 2008 financial crisis. In how wall streets quants lied to their computers, the author describes how the risk was averaged over years. But we know how nothing lasts as long as before. Generation gap. Dollar mileage. Why should risk immunity?
And how about some analytics in personal finance. Wait, that annual tax forms is the only reason for any look at the finances at all. 

To Service or not

Dont make your customers unhappy with exorbitant late fees, your customer can become your competitor. Companies use fair algorithms to meet minimum level of service.
What if banks could put a hold on your services instead of late fees? Let they not borrow from telecom the charges for hibernation and reinstating service.

Best Buy as a case

Best buy with an interesting name origin has upto 25000 kinds of items. A laptop charger does not happen to be one of them at my local store.
According to Good, Better, Best Buy, the company prides on owning the last 10 feet to the customer. Once upon a time it was called the last mile, the extra you needed to do to bag the order.
Consumer centricity from the eyes of an MBA student.
With Flexibility of work location, making its own new products, collaboration with major suppliers, Best Buy does shape shift its company. Reward cards were used to gather information for market research.
With a data like 43% sales from 7% customers (alias 7% customers responsible for 43% sales) who wouldn tbe pushed to 'consumer centricity'.

Planning your life as a company

Howard's Gift by Eric C Sinoway

The prologue of the book reminds one of  'Tuesdays woth Morrie' where the mentee writes of the lessons learnt. The author relates the points learnt to events in his life as well as situations in other corporations.

Inflection point is something easy to relate to in everyone's life.

'Start at the end' chapter is intuitive. I have seen at the office jigsaw table, the boundary being made first. Strategic planning which even some kids are familiar with. This chapter can be extended to personal life, when it comes to searching for a partner. Lead the life exploring your interests, then you will meet more people with same interests.

Other books referenced:

   ;

Carter Cast on the drama of comparative living

Unusual activity on credit card
math of Wholesale funding in Bank funding

All those toys

The Grinch might have some hand in Toys r us withdrawal from IPO. They are beset with troubles around holiday times.
Personally I have found that I can buy at Toys r us and Buy Buy baby only with coupons or during sale.

EBITDA. And you thought Net income and Gross income were confusing.

From now on

Managing Uncertainty by Michel Syrett and Marion Devine

After the recent crisis, we have seen how many sectors are interrelated. Crash in one leads to burn in many. In such 'uncertain' times, how can organizations prevail.
Uncertainty management is different from risk and crisis management. How can their managers be prepared for this unknown situation? To answer these, the authors have collaborated with PA consulting group in a survey and followed up the results with interviews of senior executives.
Scenario planning,improving agility and resilience of a company have been shown to be some of the main ways to survive the uncertain times. Communication has always been it for uncertainty reduction theory. Apart from these, analytics and collaboration have been shown with examples from GlaxosmithKline, Bestbuy and others as big players in their success.
Other books reference in the book, specifically the books on Analytics make the reader see how pattern recognition in customer behaviour can be used for double loop learning.
For a better understanding of uncertainty itself, refer to 'Managing project uncertainty' by David Cleden.

Cost of capital

Watershed

Knock-on effect
Signals and signposts from shell looking into scenarios till 2050.
Scenario planning
Knowledge management
GSK spark
Excerpt

We know people and organization but system and process.
Fire sale

The aliens want to know what resilience is. The author informs how Companies too can make their managers resilient to the conditions that call for more than risk or crisis management. Bigelow company suggests playing out a  drill of managing uncertainty.

Books referenced:


        

world of business

Vector graphics
Do women think working in business is immoral
DORA 22 to aid you sleep

Are fuel exports driving up the price of gas?


Small cell. Mindspeed's estimate of small cells was off.


IPO process
How to estimate IPO share price. 

Indian banks have to make 40% of their loan to priority sector
Evergreen option
Evergreen loan


If you are buying a new home, then say So Long Stainless

Hang Ten with Fibaro

Markets around

I like the software used for different applications. Consider 2020technologies drawing for 3D planning.

A transaction between two companies took the smile from one and pasted it on another.
Could it be because of the Red Zone?

Have you heard of the FSA limit decreasing?
Imagine getting a limited edition of a book for Christmas.

fix spider cracks lacquer paint
Dental cleaning

What I learned from a trip to Vegas

That High-Low Dresses is happening
Biostatistics is a field in Public health. It is not pretty when someone asks you what are you going to do with your degree. I did have policy making in mind.

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A visit to the ATT store added a new entry to my lingo. Grandfather clause

Priceline doesnt have to tell customers it pockets profits

Proofread - To test and find good