Tuesday, July 1, 2008

Making a complete ass of the Indian Media

High time they had this coming. The state of news seems to have been crumbling for some time and journalistic standards were not being adhered to. A group of people called the Pen Pricks got together and pulled off a hoax (link to a hoax press release) and thus exposed the media for their complete lack of journalistic standards. Of course the foreign media had a great time having a bit of a laugh at Indian media's expense.

It tells us a lot about the credibility of the stuff we pay to get delivered to us daily. What is telling is not one but many many newspapers ran the story. Its sad and unfortunate, but a nice kick in the rear end was probably well deserved. One only prays that it will sound a bit of a wake up call else journalism and news will fall prey to the every munching monster called deadlines and bottomlines.

Saturday, June 14, 2008

Breaking News is so Broken

This post (click on the title) really really brings out something I've been finding just way too annoying.

Tuesday, June 3, 2008

The Market drives the Product Stupid ! (or what I learnt from IPL)

Background : IPL (Indian Premier League) is a cricket league tournament which only recently held its first series and which by most accounts was phenomenally successful.

As an engineer, I have often focused on products, and IPL has been a great educator. It has sent a clear signal - products aren't so important as markets are !. This post talks a little about what I learnt from IPL. (By the way - this ain't my thought - its lifted from : The pmarca guide to startups, part 4 : the only thing that matters.)

1. Focus on the market needs !

IPL figured out the market - IPL focused on it. The rest is history.

2. Leadership may be diverse, it may be distinct - it matters !

Leadership matters at the end of the day. As IPL and Shane Warne demonstrated - it can really really make the difference at the end of the day. There is no one right pattern for leadership, but at the same time it does make a difference at the end of the day. Check this article : "Different strokes" for details.

3. There's always a Kerry Packer and a Lalit Modi to upstage status quo :

You may feel safe in your beliefs - this is how its always been done. But if you do not ask yourself the question - am I doing the best I can for my markets and try to answer and react to the question to the best of your abilities - please do not worry - there's always a Kerry Packer and another Lalit Modi to upset all your assumptions (and all your apple carts).

4. Its the world of fast food.

People want to consume - and they want to consume in a hurry. Forget italian food - McDonalds rules. Please figure out who you are serving. And please please .. if you want to serve a slow italian meal - do not take on McDonalds and do not envy its riches.

5. Do you want to be the "real man" or the "rich man" ?

These are no longer necessarily the same. Do you want to be the "real man" or would you be the "rich man" or the one who sets up landmarks ?

Here's where I do a sudden U turn and say - if you have a product which really helps the market - take an inspiration from IPL and just run with it - the status quo simply doesn't matter and if you are meeting the market needs - don't worry about the current club rules - the market rules and clubs don't matter.

Dhananjay