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Quotes from the books I read

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Time for few more quotes from the books I read. Mostly from Infinite games and Rising strong. When we die nobody will be declared as winner. In finite games there is a clear winner at the end of the duration based on metrics. In the infinite game, people drop out overtime but game lives on. Finite leaders look at metrics, infinite leader looks at continued inspiration. Finite games are seductive and addictive,  we must resist that urge. Kodak is the first company to introduce stock dividend. You can choose courage or comfort,  not both, not at the same time. Lot of seats in the arena filled with critics never ventured on the floor.  Knowledge is a rumor until it lives in the muscle memory.  - Indonesian Tribe Humans are feeling machines, that can think. You can change your life by charging thoughts, actions and feelings. When we know better, we do better. Expectations are resentments waiting to happen.  Vision without execution is hallucination. Resentment is li...

Quotes from the Books I read

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Some quotes from the earlier books I read: We know more than we can tell There are 2x10^270 possibilities in the game GO. More than atoms in universe.  Half the money I spent on advertising is wasted,  the trouble is I don't know which half. FB solved this problem. When compared, Cocaine is 20% of natural endorphin. The tallest oak in the forest was once a nut, who stood his ground. Strategy can not be created by committees. You are going to make mistake. The sin is to make same mistake twice. The best is to learn from others mistakes. If you take a penny and double it every day for next 30 days, you have more than 5million. People are endlessly complicated. During the 2nd world war US Air-force tried to train the pigeons to spot the bombing target for the bomber flights. It didn't work well, so they have to discard the program. Confirmation bias, endowment effect, halo effect. google it, pretty interesting. Similarity Judgements : when you give two things to a human, he ...

Random Quotes from books

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Random quotes I liked from few books like Empowered, Inspired and others. Quality of work = time spent × intensity of focus. Our brains construct world view based on what we pay attention to. A factory of the future Will have two jobs, human and dog. Human is responsible for feeding dog, dog's responsibility is to make sure human is not touching machines. In future people with commonsense design machines, people with less commonsense will be ordered by machines. One person gets hired every 15 seconds on Linkedin. two and half times more likely to apply if the job is remote. one in seven jobs is now remote. Product manager should have deep knowledge of customer, data, stakeholders and industry. “A's hire A's, but B's hire C's.” speed, scale and discipline to implement it are the 3 fundamentals of product success. Collaboration doesn't mean consensus. Three rules of decision making: The first rule is to identify the issue as such and make the decision. The second ...

Few Quotes from the book Talent code

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I just finished reading book "Talent code" by Daniel Coyle. Very good book indeed, lots of interesting points and thoughts. Men did not differ much in intellect, only in zeal and hard work. This is interesting thought, we attribute a lot to luck than hard work. Brazil Fusbol: In this particular example author gives lot of credit for Brazil football team success to Fusbol practice they do at young age.  It is played in Brazil, in small indoor grounds with people in close proximity. When these people are spread over bigger soccer field, the tight passes they make accurately , makes all the difference. Flight simulator: Before flight simulator was invented, there were lot of flight accidents. As the pilot brain is NOT trained on the edge, it is directly on to driving seat or theory class. It made huge difference in adopting to situations and forming mind patterns and accurate reactions. Our brain is bundle of 100 billion wires called neurons. The connection of circuits will prov...

Born to run - Book Review

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This blog is about great book called "Born to Run - Christopher McDougall ". He is a great author and talks about techniques of running and about a tribe that can outrun deer out of breath, not by sprinting but by consistency, patience and keeping it in sight. They can chase deer for days. Animals doesn't have millions of sweat glands like humans. Animals may be able to run fast in short bursts but they need a break to recover their breath and cool down. We can run in conditions no animal can run. Our sweat glands are our advantage. Horses can sprint, but at steady pace humans can beat horses at long distance. Author talks about this tribe in Mexico "Rarámuri". Research about them in Wiki, very interesting tribe. They are known for their long running ability. Iskiate - Also known as chia fresca is water based chia drink known for boosting endurance and energy. This is the secret drink let's them going for two days continuous run. Rarajipari game - The game...

Supply Chain thoughts

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Collating some of my thoughts on retail and supply chain in general in the form of a question and answer. 1. The challenges in supply chain space in the recent years particularly in Multi Brand Retail where business model completely revolve around effective Supply Chain Solutions. Demand volatility is the biggest challenge. Demand for essential items grew so much that manufacturers were not able keep up with the demand. Demand is going like viral videos, something becomes famous all of a sudden and retailers are under pressure to supply it fastest to the doors of the consumers.  Upstream supply fluctuations, economic downturns, natural disasters, ever changing customer demands will continue to be challenges in multi brand retail.   2. How technology is transforming the Supply chain Canvass during these years of Digital Transformation. Block chain is bringing more transparency to responsible sourcing.  The challenge is every body from manufacturer to consumer need to...

System is ignoring key variable in the equation

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Though it looks like an error message, read it carefully, very interesting thought. "System is ignoring key variable in the equation". This is from the movie WIRED , a Canadian film about laying faster cables between NYC and Kansas City to make Wall street transactions few milliseconds fast. In that movie, one of the character explains about the Wall street system and its variables.  The lemon farmer grows lemons in his farm. He sells it to distributor, then distributor sells to retail stores or manufacturing industry. Then Wal-street bets on companies dealing with this trade. So if you see companies bets on companies and no body cares about the farmer not listed on share market. That is the key variable missing in the system.  Who built this system ? humans like you and me. how did they ignore critical variable in this equation ? We all know all the variables in the equation are not having same value. Value proposition for different variable is dependent on so many factors. ...