• Inequality & Technology

    A few weeks ago, I’d written about inequality and the role of meritocracy in shaping its future. Another related force, whose influence has been rising rapidly, is technology. I had written about it earlier in a post – Algorithms of Wealth – and my thoughts ended in at least three directions! At least two are relevant here. In the post, I had mentioned the abundance that The Second Machine Age promises and whether the disparity we see now is an inevitable step towards that. But I had also wondered whether any notion of sustained reduced disparity is a lost cause and that as we advance further, the gaps will keep widening.

    A recent HBR article titled The Great Decoupling, based on an interview with the authors of The Second Machine Age, indicates that the authors themselves now believe in the second path – while digital technologies will help economies grow faster, not everyone will benefit equally. In my earlier post I had also brought up how I had hoped that the internet would be the great leveller, and my disillusionment since then when I realised that it created its own hierarchies. (on a related note, read) (more…)

  • The Seeds of War

    Ashok Banker

    The second in Banker’s MBA (Mahabharata) series. The book quickly moves through the progeny of Bharata, pausing only for characters who have a direct bearing on the final epic war. Kacha – Devayani, Yayati and Puru are such, with the latter also offering lessons on dharma.

    The plot then moves on to the story of Shantanu and Ganga, and thus Devavrata, later to be known as Bhishma, after his terrible vow. The last few portions are focused on Shantanu’s second wife Satyavati and their offspring, and the continuation of the dynasty by Vyasa. (more…)

  • The entitlement of the self

    IMO, Season 4 of Mad Men really took it up a notch. I think it’s because the human condition started showing up much more than before. Episode 6 – Waldorf Stories – offers quite the example. <spoilers> To quickly give context to the non viewers, a flashback shows how Don Draper, the show’s lead character and a fur coat salesman then, was hired by an inebriated Roger Sterling (partner at an ad agency) years ago. Don rises right to the top, becoming a partner at the new agency that Sterling, and others form. When the agency wins its first award, Roger feels entitled to an acknowledgement from Don. When he doesn’t get it, he asks for it. Later, in the same episode, Peggy, whom Don ‘raises’ from secretary to copywriter, also feels entitled to Don’s  acknowledgment of her contribution to the award winning ad. In the first instance, Don is gracious and acknowledges Roger’s hand in making him what he is, but in the second, he is furious at Peggy.

    It made me think of entitlement. I have read many an article about the millennial generation’s sense of entitlement, but maybe it’s not a generational thing at all. Maybe, it’s just that this generation expresses it more than others, and this is being documented much more courtesy the web. A point of difference is probably what is being asked for – opportunity (millennials) and acknowledgment. (earlier generations) (more…)

  • Big Pitcher

    Microbreweries have been sprouting all over the place and Big Pitcher was one of the couple that we had not been to. So on one of those Sundays when I had craft beer on my mind, we decided to drop in there. (map) Five floors on Old Airport Road, I thought that was indeed a brave business decision! The first floor was closed during lunch time, so we made our way to the second floor. The place has a theme straight out of some old western movie, complete with guns, Chuck Norris posters and swinging doors!

    collage0 (more…)

  • The purpose of brand

    The Guardian had an interesting post recently, titled “Brand is becoming meaningless“, it (brand) is being replaced by a company purpose that the organisation can rally around. Yes, there is a study that this is linked to, and quotes. To paraphrase, brand is the effect, not the cause, and that has made it lose its fashionable shine.  Someone should tell Maggi this, they just lost $200 mn in brand value, even as the corresponding goods value is ‘only’ $50 mn! (via) Now, just so we are clear, I am not completely against this thought, all the more because this is something I have been writing about for a while now.

    131028.brandpurpose

    (via) (more…)