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Showing posts from March, 2020

Sustainable lockdown

If policy makers are stuck with frequent, long periods of lockdown, it will kill business and consumer confidence. No one can plan. No one will invest. We lose many $trillions. If we spent $100 billion on testing, can contain the virus with no lockdowns. Sounds cheap to me. pic.twitter.com/VlIAhOMarh — Paul Romer (@paulmromer) March 31, 2020

Humor to Strategy

While comedians are always thinking differently about an issue, to make fun, that thinking can be used to come up with different scenarios and thus strategies to tackle with the problems and possibilities. 

Seeing your idea play out or benefit from it?

Harry Langerman thought about setting up a restaurant  near the Great Wall . Dan Gilbert in  The surprising science of happiness  TED talk, refers to H arry S Langerman                                                            Image: slideshare Is the best averting becoming the R ay Kroc ?

Sometimes its memories

I remember a teacher telling me about a watch she had that is her dads, who passed away. Another man bought a Tag heuer watch after his mom passed away and the dad had passed away earlier, but now the watch is in the memory of all their conversations.

Industry

An industry is a defined as a group of firms producing products that are close substitutes. But with Clayton Christensen's jobs-to-be-done viewpoint, it needs to be rewritten as a  group of firms providing similar solutions. For example, blockbuster to netflix. They were in entertainment, not DVD storage and distribution.

Trends to Watch

How  Middle class  is changing across the world Retirement trends Trends in income distribution Economic growth It is said that trend watching is done as the firms cannot control the environment but with Ford's vacation time so people can travel and tire company Michelin Restaurant rating, you can become the trendsetters.

Illustration Studio: Inking Florals: A step-by-step guide to creating dynamic modern florals in ink and watercolor

Illustration Studio: Inking Florals: A step-by-step guide to creating dynamic modern florals in ink and watercolor  I have been itching to draw something for a week now, This book seemed like a good candidate. Artist isa down broke down the whole inking florals step by step. Starting from a picture of flowers, getting ready with some basic forms and then putting it all together to make beautiful flowers. I drew two sets and my daughter colored it. Loved the gladiole beginning with inverted grapes. You start appreciating the forms, shapes. once you have your outline, you can use your reativity to fit the flower in smaller size by furling it. You can make greeting cards with these pictures, beautiful journal pages.

Contango

Contango - a fee paid by a buyer of securities to the seller for the privilege of deferring payment. When demand is less, but production is more and the powers with storage have a way to profit Better compared to backwardation To know how much of a product is available to know the health of the product in the market. Satellite images have been used to find out about oil storage in ships and tank farms.

Everyone Can Bake: Simple Recipes to Master and Mix

Everyone Can Bake: Simple Recipes to Master and Mix by Dominique Ansel Some Lessons from the  Master of Cronut 1. I can cook but Baking? Any complex process requires some supervision from an expert. 2. Think of each recipe like first day of school . It lowers expectations and becomes second nature. 3. Everything I need to know, I learned in Kindergarten. Ansel stresses about getting the basics right before innovation. 4. Similar but different. This is where you make controlled changes and observe the outcome. 5. Whats in the cake should be on top of it. The author says that the finishing components are a clue for what flavors are hidden on the inside. Off Center for the decoration. I figured this from all the pictures even though it is listed in the tips for decoration. The cakes almost look like they have the calm on one side and the wave and surf on the other with the raw fruits. Do things with intent. Cake is a gift.

Disposable shortages

To  reuse the mask or not The cost of single use Risk has three parts: The odds you will get hit, the average consequences of getting hit, and the tail-end consequences of getting hit. The odds of the masks spreading the virus vs the infections that could expound. Do Riches mean endless food at the party or endless masks on a rainy day? What money cant buy? Extreme preparedness for all. Efficiency all the time. We teach our children the mathematics of certainty—geometry and trigonometry—but not the mathematics of uncertainty, statistical thinking. How many doctors? Increase the pool of doctors How many masks? Donations from Dentists ,  churches Atleast  enough for the frontline . This sounds like cricket where we need to take care of our best batsmen and bowlers. How many ventilators? Dyson Building 15000 new ventilators to fight covid-19 How many ICUS? The best  Number of beds per 100000 people  is 68. How many kits?  Is...

Dominos

Growth hacking of Dominos with  Sutus  not a phone company but a business solution.  In  2008 when the taste dwindled , it was time to up the game with " a richer, spicier sauce, tastier cheese combinations and a buttery crust with garlic and herbs".

5 Ways to Innovate through Chaos

Create the Future + The Innovation Handbook: Tactics for Disruptive Thinking 5 Ways to Innovate through Chaos 1. Workshops Gutsche suggests different simulation exercises, self disruption and other ways that you can workshop through to learn some new techniques. 2. To inspire action, create urgency With a crisis like COVID-19, the bonus is the urgency is created for you. Down time is time ripe for experimentation.

As a director

you might have to know  The key to transferring a set of practices from one domain to another is to first understand why they work and then to modify them in ways that both match the new context and preserve the underlying principles.

Investment banking as myth busting

I loved the take of  Andrew Sheets  with regards to investment banking. Also a cartoonist                                             Image:  Meet Morgan Stanley's chief-cartoonist Some Lessons from Andrew Sheets 1. Finding Creative ways to answer Hard questions For exa  Where to park those planes which are usually in the air? 2. Have deep and broad experts at hand.

The Ludo game of X Matrix

While summarising a problem in  A3 report  format, I came across  Hoshin Kanri . While reading about it, I saw the X-Matrix picture. This looks like a Ludo game. Imagine if you saw each of your porject milestones as a dice throw. And each dice throw in your control, where you know what number you need for the favorable jump forward. We cant get all 6 but we keep chugging forward. Another way to look at this would be to make quarterly goals each direciton, so you have your annual goals met along with progress/status at the end of eahc quarter. The key variables of current, future state and the gap must be quantifiable .

When cure is not a cure at all

When  wrong medicine  goes to someone who does not need the medicine in the first place. Diagnose and confirm the need for the cure. One of the times when doing nothing is better. Always an option on the table when things are not understood.

When things were ok

In  Saving money through structured problem solving , one of the solutions- a lunch break - was for a problem of dicontinuity of electricity supply, which is now not a problem but actually ended up being a problem with costs in productivity and paper loss. When you do the  root cause analysis  and find a solution, be mindful of how some of the scenarios change and your problems fall off, unnecessitating the solutions, which is not just a waste but also could be hirting you.

When more data hurts

When  more data  does not bake in its knowledge, the interconnectivity and leads you to falsely rely on the isolation that probably you wont be affected. It could be made more meaningful with, the graded mobility radius of each confirmed case. For example, Cases   Zipcode Mobility radius 30        A                  25 12        B                  10 4          C                    2 Better than Cases 46 or Cases Zipcode 30      A 12      B 4        C

Momentum shift

You might have heard of  Orangetheory fitness . Have you heard of the founder  Ellen Latham ? Orange Theory fitness At-Home Workout  to get a taste of it.

Keeping your Passion Alive

What it takes to keep it burning? Many moments in your life, you have a brush with your passion Tinder You feel the spark Kindle Carry it with you. Let tthe embers activate for a while. Fan it Fuelwood Time is the fuelwood with which you use all the other resources needed to keep it going. It might be creating art/music. You learn the technique and keep practising. Through all this, you find th joy in the process and keep scaling new heights. Viral load explained: "The viral load is a measure of how bright the fire is burning in an individual, whereas the infectious dose is the spark that gets that fire going." https://t.co/zujoyqfazq pic.twitter.com/IBFObfoIwq — New Scientist (@newscientist) March 27, 2020

How to make your next networking event, a success?

Make it a  Reciprocity Ring  Just with that, you make them courageous in making an ask and also let them feel the joy in helping others. In  few minutes, Jim Mallozzi  got 2200 ideas from his audience. This book has examples of ways many successful people have dared to ask and were rewarded. There are many games that can be used to connect different size audience, provide psychological net so that they can share freely and grow.

A Behavioral Theory of Labor Negotiations: An Analysis of a Social Interaction System

A Behavioral Theory of Labor Negotiations: An Analysis of a Social Interaction System Sub-processes embedded in any negotiation. More than 50 years later, it can still guide readers to positive outcomes.

Teaching others what you know

When I was teaching how to cook a breakfast, my student asked - "Dont we need to add salt?" There we go. When sharing our information with others, we forget the points we take for granted. Lickily there was enough liquid to adjust the salt, when we realised this.

Goal Mapping: How to Turn Your Dreams into Realities

Goal Mapping: How to Turn Your Dreams into Realities Brian Mayne has many inspiring quotes by many motivators on the sidelines of the book. Mayne's theory is about using both your left and right brain, words and pictures to make your visions come true. Another point about balancing your goals, removes the friction away from one coming at the expense of the other.

Just begin and the mind grows heated

Just as you warmup before your exercise, start some activity and as you get in the groove, you get more ideas for using your time well.

Embrace Complexity

Eli Shafak very artfully makes the case against shunning complexity and embracing diversity. When looking for solutions, we are urged to think simple. But there is a penalty for that which only shows up in big errors. "Expect blowups and explosive errors in fields where there is a penalty for simplicity." @nntaleb http://t.co/mp4PtqxulE #Flashboys — Ardian (@rdntola) March 31, 2014 E

Why you should know your Math facts

ALEX Toys Future Coders Poppin' Pictures Coding Skills Kit Kids love this activity of placing colored tiles in different shapes like watermelon, smily emoticon and so on. The other side of the card translates the colors to shapes which are then put onto the shape in the tile. Learning this translation is what prepares our future coders. As soon as I explained this involved translation, the kid wants to code the card right away. On the side with shapes, the top legend of color tiles has some colors with no shapes. That was a good observation. It means that the card does not use those colors.                                                          Image: Ebay   Workbook Multiplication Learn to multiply G rowing Smarter by Bendon for Grades 2-3 This book is geared towards the theme of astronauts and space flights. One of th...

Becoming a director

Brendan Reid shares great advice  to jump from Manager to Director . He followed it up with moving to  Vice President level . Knowing these, you can observe your current leaders in these posiitons and see what you could glean from their behaviors and thoughts.                                                          Image:  3back.com One of the attributes of a Director is the ability to grow great managers. Look at this triumvarate of Director, Manager and Leader to map where your strengths and interestes lie. If you like the technical side of things, going up the ladder, you could be a manager. If you are interested in the people side of things, then you will be a leader that your employees trust in. They will let you know so. To go from a Leader to Director, enlarge your vision to include the mission.

Why you should learn something new?

When you learn something new, you end up having a template of knowing what works for you when you need to learn something at any later point of time. You will know about yourself. You will know the pace at which you like to learn things. You learn if you are motivated self learner or need structure and external coaching. Above All, you will get the confidence that you can do it. Wait, if you love it, then you keep on at it till you are a master. Getting some writing done today, hooray! Research shows that experiences that promote a sense of mastery reduce stress and make you feel better. Take this stay-at-home time to build a skill or take on a project you've been wanting to do. — Monique Valcour, PhD PCC (@moniquevalcour) March 22, 2020 If you decide to quit and start on another new journey, you still learn that you are better at pivoting like moving onto another useful book instead of finishing a book for the sake it.

Leading Edge Novelty Gyro Wheel

Leading Edge Novelty Gyro Wheel is fun for kids. They wait for the evening to play with it, so they can see it light up.

Some reading advice

In case “always constrained for time” was your excuse for not picking up those wonderful books gathering dust in your bookshelf, this is the time to pick them up and read. Here are some essential reading ideas - pic.twitter.com/xtQyzs158v — Vishal Khandelwal (@safalniveshak) March 20, 2020

Manga Drawing Deluxe: Empower Your Drawing and Storytelling Skills

Manga Drawing Deluxe: Empower Your Drawing and Storytelling Skills Have you heard of the Manga Elves who teach you to draw manga when you are struggling with it? Rule no.1 Get Manga Paper. It has measurements, to keep you at scale.

Self Awareness

Look at your strategy. Is your traffic search one-way? Inbound? Is that all of the fish out there? Arent you missing out on the opportunities if you wait for the others to make the first move? You are missing out on the Initiator's advantage.

Circle of Complemence

Klopps comments about sticking to his lane of football  when asked about coronavirus has been seen as knowing one's Circle of Competence. Buffett  is a stickler of the same.  Farnam has more on it If you are feeling like a fish that has to race on a bicycle, then you are probably out of the circle of Competence. Should you double down on strengths or level the weaknesses? How much time have you got? Can you find your complement? Yin and Yang. Look after your fish . Nurture your circle of competence and complemence. Bulls eye

Margin of Trust: The Berkshire Business Model

Margin of Trust: The Berkshire Business Model (Columbia Business School Publishing) While the author says that Berkshire looks for solid returns on unleveraged equity,  The secret of Warren Buffetts success is double leverage  (Read insurance companies as large investment funds) according to a global expert of scandium. insulation from adversity Strategic buyer Vs financial buyer

FITCRUNCH Protein Bars | Designed by Robert Irvine | World’s Only 6-Layer Baked Bar

If you are interested in cooking or food or restaurant, then you will be familiar with Robert Irvine's no monkey business style of getting to work and getting things in shape. That is what he does with this energy bar too. Man with a plan. Available at Costco too.

Nature Valley Cashew Sweet & Salty Nut Granola Bars

After having a  Nature Valley Cashew Sweet & Salty Nut Granola Bar, I went to check if its pair was there. The first one tasted so good that I couldnt stop with one. Later at Costco, I found the peanut bar and bought it. Wholesome nuts. 

Brianna, Jamaica, and the Dance of Spring

It being the first day of spring, this is a timely book by  Juanita Havill The twists and turns are fun. Brianna practiisng her sister Nikki's part kind of foreshadowed what was going to happen. It was a big shock knowing what happened to Brianna. But in the end, all the kids were such great sports and found the true joy of role play and celebrating arts with family as audience. When Brianna started extending her wings in the dance, we were reminded of  Pterapunzel  

You can never have enough color markers

Acrylic Paint Marker Pens, Morfone Set of 12 Colors Markers Water Based Paint Pen for Rock Painting, Canvas, Photo Album, DIY Craft, School Project, Glass, Ceramic, Wood, Metal (Medium Tip)

The Age of Influence: The Power of Influencers to Elevate Your Brand

The Age of Influence: The Power of Influencers to Elevate Your Brand by Neal Schraffer Author Neal Schaffer shows how marketing began, how marketing has changed with technology. When people wondered why would anyone want to say hello to others over phone, they didnt think about the cold-callers. The numbers in traditional Vs digital ad spending. Visual voice. Prevelance of user generated content. Product Centric Advertising. Like the thinking about long term marketing vs campaigns. The author listed about 25 ways of influencer marketing. Many examples of different levels of influencers, their reach, the measurement of their contributions through blog posts, video views etc. Detailed funnel of influencer coversion.

Skull Flowers

Life is full of contrasts. Beauty is too. Flowers adorn the skull The skull gets vivacious with bounty of flowers. Tackle your life of ups and downs by being planned with the energy of both.