Wednesday, March 25, 2020

The Acme of Excellence of Medical Institutions


https://www.ndtv.com/india-news/coronavirus-outbreak-world-health-organisation-executive-director-michael-j-ryan-india-has-tremendou-2199553

India is a very populous country and the future of this virus will be considered in a very highly and densely populated country. India led the world in eradicating two pandemics, small-pox and polio so India has a tremendous capacity

That's the strength of institutions built and strengthened by the founding fathers of the nation. That was done inspite of the resistance by the self-serving power hungry orthodox.

The greatest strength of our medical community & the institutions heading them is highest level of integrity, professionalism, and above all no self promotion or bragging. In fact, they actively support promotion by others including celebrities & politicians. If that helps to achieve the larger good faster & better. The polio vaccination has largely become the preserve of politician & film celebrities.

In 2018 May, there was Nipah epidemic, with above 50% fatality rate (Corona Fatality is >1%), breakout in Kerala. It was contained by 10 June 2018! And there wasn't any bragging or self promotion even till date! ... 

In Art of War by Sun Tzu it is said: see victory only when it is within the ken of the common herd is not the acme of excellence. [7]


Neither is it the acme of excellence if you fight and conquer and the whole Empire says, "Well done!" [8]

To lift an autumn hair is no sign of great strength; [9] to see the sun and moon is no sign of sharp sight; to hear the noise of thunder is no sign of a quick ear. [10]

What the ancients called a clever fighter is one who not only wins, but excels in winning with ease. [11]

Hence his victories bring him neither reputation for wisdom nor credit for courage. [12]

He wins his battles by making no mistakes. [13] Making no mistakes is what establishes the certainty of victory, for it means conquering an enemy that is already defeated.

Hence the skillful fighter puts himself into a position which makes defeat impossible, and does not miss the moment for defeating the enemy. [14]


The consummate leader cultivates the moral law, and strictly adheres to method and discipline; thus it is in his power to control success.

Source: https://www.infoplease.com/primary-sources/philosophy-religion/art-of-war/sun-tzu-art-warby-sun-tzu-6#fnt7

The institutions built & strengthened by founding fathers of our nation are on the journey to attain the acme of excellence!*


We can be assured of our perpetual success & continuous advancement if we ensure strengthening of all these institutions, going forward, especially the institutions of economics, business, governance ... & politics!

Saturday, March 21, 2020

A Breakthrough Concept. Disruptive!

Clayton Christensen dedicated his life to Disruptive Innovation and helped countless organizations to solve Innovators' Dilemma. 

Job Theory proposed by him is culmination of at least 2 decades of his relentless work on disruptive innovation. The seeds of Job Theory were quite evident in Innovator's Dilemma through his insights on why the milkshakes were hired. He had to put in the two decades to propose Job Theory framework and its success with many organisations who sought consultancy at his firm InnoSight.  Job Theory helps focus on the customers' needs rather than correlation of available data hence the success of disruptive innovations doesn't depend on luck.

Job Theory takes the firms to the next level of abstraction and finds parallels in Ted Levitt's Marketing Myopia, which companies still continue to suffer. In my opinion, present business management practices suffer from too many inadequacies to gain from Job Theory because the execution based on Job Theory is going to be extremely challenging. But the startups are going to gain tremendously by winning the competition against luck!

Sunday, March 15, 2020

Edgy, Entertaining Yet Elevating & Educating

I finished listening to and shared the following review on Extreme Economies by Richard Davies, narrated by James MacCallum on my Audible app.
 https://www.audible.in/pd/1473570387?source_code=APITMANDROIDAPP0824160004

There is a need for a comprehensive study of the Economies at the edge. From that perspective the title is quite inviting. In addition, I was in for a pleasant surprise. The author, Richard Davies does a wonderful job of picking up very interesting facts & insights and narrating them in interesting & engaging way. In my view, the author matches and surpasses Malcolm Gladwell's catchy style.

He chooses three frontiers: Survival, Failure & Future. Then narrates 3 Economies from each of them.

On Survival: Resurgence of Aceh after 2004 Tsunami, once in 500 years occurrence, serves as an excellent example. Resilience, entrepreneurship of people coupled with clear-cut departure from past and international help provided springboard for the take off of the economy while addressing the structural issues. Whereas, natural entrepreneurial zeal & energy of the people propelled the economy to boom; a township, built with his intention, glaringly stays as a failure! Zaatari refugee camp in Jordan which is emerging as permanent settlement offers an example of entrepreneurial spirit of the people, even in stateless state, shapes and scales up thriving Economy comparable to startup cultures all over the world! The author narrates the contrasting situation at Azraq camp too! Louisiana Penitentiary, the infamous 'Angola' thrives on informal Economy. The informal currency of the economy keeps on changing leveraging the circumstances and now the leading edge technology itself. Though the situation in Angola is hopeless, to say the least, the past inmates provide hope!

On Failure: Darien Gap continues to have great potential since Medieval ages due to natural resources and proximity to US, but fails badly because of the apathy of the people and lack of direction from the leadership. Kinshasa, erstwhile Leopoldville, is bestowed with the greatest riches of the nature in terms of minerals & forests. It's a sad picture of how a well endowed geography gets plundered & pillaged by the outsiders and then insiders to remain as the most expensive poorest city! Glasgow, though party of the successful, developed economy, turns out to be the ghost city for not seizing the emerging opportunities. The underlying causes for the drastic failure of economies with great potential are the extremely short term exploitation of the natural riches, lack of long term vision, self aggrandizement of the leaders at the cost of the whole economy and its future!

On Future: Akita in Japan provides the peep into the future of the world where the majority of the population is aged with bleak future ahead. Tallinn of Estonia provides reassuring & refreshing break from the other economies! Thanks to the leadership of the economy in the hands of the professionals & intellectuals,- with no political background and no ambition for power - the economy has embraced the emerging technologies in governance to propel the economy faster into prosperity surpassing the earlier-affluent neighbours. The study of Santiago exemplifies the increasing inequality in the face of rapidly expanding economy.

All these economies challenge the collective wisdom and push the envelopes of present day Economics!