My Blog My Cyberkutir
Remember the dot-com bubble that started during the late 1990s? Shareholders and investors around the world lost billions of dollars. Eyeballs could not be monetised at the pace that was forecast and brick-and-mortar companies did not crumble at the speed that dot-com pundits had predicted. The term “click-and-mortar” was coined instead. However, the penetration of…
Roopen Roy Three Harvard Business School (HBS) professors led by Srikant Datar have researched and written a new book aptly titled “Rethinking the MBA : Business Education at a Crossroads”. The three pundits have studied the leading US and European business schools and have identified the challenges. Mercifully, no Indian B-School came under their microscopes….
Last year, there were only 27 billionaires in India — a business magazine recently announced. This year, the number has almost doubled to 52. The magazine then went on to conclude rather dramatically that the country’s 100 richest people have a combined net worth of $276 billion, which was almost a quarter of the country’s…
The fallout of Fukushima By Roopen Roy Mar 22 2011 The recent earthquake and Tsunami in Japan have wreaked havoc. More than 19,000 people have died or are reported missing. The financial losses are estimated to be as high as $175 billion. The earthquake, which measured 9.0 on the Richter scale, unleashed nightmares at the Fukushima Dai-Ichi…
The Eyes have It! Wash and wear garments were a novelty once. But the new revolution in innovation is in the ‘watch’ and ‘wear’ computing devices. Deloitte, the company I work for, has come out with a study on ‘wearables’. It contends that smart glasses, fitness bands and smart watches would sell about 10 million…
CEO as the Chief Innovator Roopen Roy Innovation is not incubated by committees. Break-through ideas usually do not germinate by following standard operating procedure manuals. By definition, it entails breaking the mould. Innovation and invention are often born out of irreverence for conventional beliefs. Conviction and missionary zeal of an individual or a small…
The CEO and the war for customers By Roopen Roy Apr 14 2015 I have always wondered why so many CEOs start with a promise to change the world but eventually end up being a CFO or a COO. After many years of watching, I have come to the conclusion that it is not about leadership style…
Prime minister Manmohan Singh addressed the nation from the Red Fort on our Independence Day. In a significant speech, he did not mince words about corruption. These were his exact words: “There is no space in our government or in our society for corruption and arbitrary action. We are not prepared to tolerate this at…
The business of ponzi scams By Roopen Roy May 07 2013 The business of ponzi scams has thrived in India — ruining investors, robbing poor people, hurting banks and destroying the lives of employees. These businesses have mushroomed because of a combination of factors: powerful politicians are part of the value-chain and governmental agencies have been inactive….
The Business of Art Roopen Roy On May 4th, a Picasso was sold for $106.5 million to an anonymous buyer at Christie’s in New York. It was a 1932 portrait of the Spanish master’s blonde mistress and is known as the “Nude, Green Leaves and Bust”. It was an all time record…