Posts Tagged ‘vijay peduru’

Week In Review : Mar 27 – Apr 2, 2011

by Magesh Tarala on April 3, 2011

Business Intelligence in a Wiki World!

by Linda Williams, Mar 28, 2011

Often the development of Business Intelligence insights is closely guarded within the company to ensure at least a temporary advantage in the marketplace. Secrecy in all areas of analytical review is no longer possible or even preferable in a world that is increasingly transparent with the pervasive use of social media. But the decision to tap into the networked intelligence to speed up problem solving or make breakthroughs cannot be rote, but must rest with the complexity of the use and the expertise of internal resources to meet that need.  more…

Project Reality Check #15: The Requirements Game

by Gary Monti, Mar 29, 2011

Nailing down requirements is the number one complaint of project managers. Addressing this requires two skills: political adroitness and finding a balance point between exploring solutions and exploiting what is known and available. A mantra regarding project requirements goes something like this: “Requirements are stated needs, expectations are unstated needs. Clients tend to judge based on expectations.” So, in order to be a successful PM, it isn’t enough to simply say the client should be realistic. The PM and team need to push as far as they can working with the client in developing a realistic solution – one that will save reputations, relationships, and pocket books as well as produce the desired deliverable. more…

How to create your own good moods?

by Vijay Peduru, Mar 30, 2011

Whenever we meet certain people, they trigger a mood within us… Anxiety, flow, joy, fear, exhaustion, etc. Is there a way where we can choose our emotions? Yes, just like we choose to enter any room in our house, we  can choose our moods ourselves instead of getting triggered. This is a key skill for all, especially entrepreneurs when dealing with situations that might trigger default moods. more…

Flexible Focus #47: Clearing your Clutter

by William Reed, Mar 31, 2011

One of the things that prevents us from seeing life in this way, that shields our eyes from the wisdom in natural simplicity, is that we are surrounded by too much clutter. The recent events in Japan has triggered going back to basics and clearing the clutter. It has brought out the goodness in people. Mandala Chart can help us shift our focus. You can start by answering the following questions:

  1. What are 8 ways in which I can serve the most important people in my life?
  2. If I had to keep or choose 8 things, what would they be?
  3. What are 8 things I can do to clear the clutter in my life?
  4. What are 8 goals or values by which I choose to navigate my life?  more….

Leader driven Harmony #18: Gen-Ys need Special Handling when entering the Workforce – Part 2

by Mack McKinney, Apr 1, 2011

Upon arrival at a new job, every new employee is judged.  They will be scrutinized by established members of the organization in three areas: Talent, Reliability and People-skills. Give them the strongest possible start in each area. Basically, sharing of values and standards, repeated and demonstrated over time, is how individuals are brought into a team with shared goals, interdependencies and mutual rewards. more…

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How to create your own good moods?

by Vijay Peduru on March 30, 2011

Whenever we meet certain people, they trigger a mood within us. Same with objects, places, smells and a lot of other things in our life.   Anxiety, flow, joy, fear, exhaustion… different moods are triggered. We human beings are hijacked by our surrounding emotions. When we watch a movie, we laugh, we get tensed, bite our nails etc i.e we get deeply involved in the movie and allow the same emotions to be in us as the actors. If you look at these situations the common thing is we allow emotions to be triggered in us.

Is there a way where we can choose our emotions?

Just like we choose to enter any room in our house, we  can choose our moods ourselves instead of getting triggered. We humans have the amazing capacity and ability to think before we respond but most of us are not aware of this. How do we use this in our everyday life?

  1. Be aware that there is always a mood that is triggered in you, in any situation. All of us have this – it is one of the things that comes along with being human.
  2. Decide our mood before-hand: We can choose our mood prior to our encountering something, like beginning of the day or beginning of an interaction. In the morning, we can say to our self that today I choose to be optimistic, happy etc. When we encounter any situation or person the default emotion/mood is triggered, but we can stop it and remind ourselves about the choice we made and immediately choose the mood we desire.
  3. Consistent Practice: The difference between a Pro and an amateur is the pro practices his skill everyday rain or shine.  If we treat this habit like a game and practice it daily, it will eventually become a habit.  It will initially be difficult, so, we can try this for an hour or so every day and slowly increase it for a day, then week.. months and then years, until this practice becomes second nature to us.

This is a key skill that entrepreneurs stand to benefit from. Why? Well, lets just say that entrepreneurs have their share of “Situations” to deal with that might trigger the default moods.

Vijay Peduru is an entrepreneur in the bay area and is the co-founder of a bootstrapped startup. His interests are bootstrapping, leadership and spirituality.
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Should you always persist?

by Vijay Peduru on March 7, 2011

We all have heard many successful entrepreneurs and successful people talking about persistence and how persistence is one of the main ingredients for success.  The famous quote by Vince Lombardi “Winners never quit and quitters never win.” Has perhaps been quoted many times by many people!

But if you look at any successful person – along with persistence comes also the wisdom to quit if something is not working out well.  In fact, business laws like chapter 11 and Chapter 7 are setup for this, Chapter 11 just means “We are going to stop doing what we were doing because it is not working out well for us and start with something new.  Chapter 7 means “We give up”

Declaring bankruptcy is sometimes good, so we can continue without the baggage from before. Here is a good example of a  19-Year-Old kid taking On Google. If you read his story, this kid Daniel Gross worked for 3 months on several ideas but nothing satisfied him and when he had 48hrs left he built a new one and continued to work on it for the next several months.  This is a good example of when to persist and when to quit.

This “quit or persist” works in anything in our life… A startup idea, a habit, an addiction. At any point of time, we can decide if we need to quit or persist.

Quitting is painful and is not fun, but perhaps it is better to acknowledge the failure, so we can start with fresh ideas and fresh perspectives.  When we know where we want to go and if what we are doing now does not seem to get us there, it is good to quit and maybe just maybe we will discover a better future than we anticipated.

Vijay Peduru is an entrepreneur in the bay area and is the co-founder of a bootstrapped startup. His interests are bootstrapping, leadership and spirituality.
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Week In Review : Feb 6 – Feb 12, 2011

by Magesh Tarala on February 13, 2011

Developing Organizational Bench Strength

by Sean Conrad, Feb 7, 2011

Identifying your core, differentiating competencies, and then developing them in your entire workforce, but especially in your high potential employees helps to ensure your organization has the bench strength it needs to compete and succeed. Developing bench strength is about developing pools or groups of employees, not just individuals. It’s vital that you identify these high potential employees. If they’re valuable to you, they’re likely also valuable to your competitors and to companies in other industries. more…

Project Reality Check #8: Project Execution – Fantasy vs. Reality

by Gary Monti, Feb 8, 2011

No good deed goes unpunished” is a common project reality. It happens in spite of the best of intentions because of the disconnect between the various truth systems. One of the project manager’s jobs is working the interfaces between all those truth systems and doing so in a way their integrity remains intact. more…

Brilliant advertisements = Phenomenal Sales. True or False?

by Vijay Peduru, Feb 9, 2011

Don’t expect your product to sell more with brilliant ads and average product. 1984 Superbowl commercial for Macintosh computers is a great example. This strategy does not work in the Industrial age anymore. A product has to be first really useful to the customers before advertising helps. Now we need remarkable products or remarkable ideas, which can spread virally. more…

Flexible Focus #40: The 8 frames of life: Society

by William Reed, Feb 10, 2011

In today’s world, your place in society is not longer controlled by birth, circumstance or fortune. The amazing impact of technology to connect people and facilitate communication is firmly put you in control of your personal identity. There is plenty of good and generous advice searchable on the Internet about personal branding through Facebook, Twitter, YouTube, Linkedin, and many other popular social networks. The challenge is not so much how to get online but rather why, knowing your role, mission, and purpose in engaging in Social Media. Download a Social Media Mandalato help you think about which aspect of social media you might want to include or improve. more…

Leader driven Harmony #11: Know your Boss’s job and Your Replacement’s Name

by Mack McKinney, Feb 11, 2011

Succession planning in some organizations happen more methodically and maybe only for key positions. But in most cases, it may not be thought out or planned for. And when circumstances arise, you may be in your boss’s shoes… soon. You never know. Learn about how to get ready to take your boss’s job. more…

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If you have an average product , but if you can create brilliant ads, will the products sell more.  Look at this superb Ad from Apple aired during the 1984 Superbowl introducing the first Macintosh computer.

Almost anyone who watches this will think that Apple would have had phenomenal sales for the McIntosh after this ad.. In fact, Steve Jobs thought so too, but what really happened was sales were dismal and the MCintosh was not at all usable in real life.  Yes, it was looking cool, but people couldn’t use it. (Hard to believe now that Steve would have thought like this). In fact, the dismal sales of Mcintosh was one of the major reasons Steve was fired from Apple in 1985.

Steve learnt one of the most important lesson in his life… that a product has to be first really useful to the customers before advertising helps.  Having average products and following up with great Ads  worked in the Industrial age but not anymore.  Now we need remarkable products or remarkable ideas, which can spread virally.

Vijay Peduru is an entrepreneur in the bay area and is the co-founder of a bootstrapped startup. His interests are bootstrapping, leadership and spirituality.
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Week In Review : Jan 16 – Jan 22, 2011

by Magesh Tarala on January 23, 2011

Still busy? – Even with all the productivity enhancing gadgets

by Vijay Peduru, Jan 17, 2011

A recent article in NYT  talked about how kids are wired for distraction by always being online . Every Gadget they use is connected to the internet and the kids are always distracted. It is not just the kids even we grown-ups do this. Each one of us wants distractions and these tools are just another avenue for our distractions. We want distractions because we want to escape from things which are bothering us. Choose to face the problem and use the time previously used for distractions for more enjoyable tasks. more…

Free eBook: Freedom, money, time and the key to Creative Success

by Himanshu Jhamb, Jan 18, 2011

In Mark McGuinness’ own words: Creative people are those who work hard, but because they love what they do, it doesn’t feel like work. Your key to success doesn’t cost a dime… Get your FREE copy of Freedom, Money, Time and the Key to Creative Success by clicking here OR by going directly to the download page. It’s a light read – 34 pages in all. And it’s full of practical advice you can apply to your own situation. more…

Project Reality Check #5: The Devil is in the Details

by Gary Monti, Jan 19, 2011

Expected Monetary Value (EMV) connects the customer with the team. This tool is very powerful. At the core, an EMV calculation comprises probability times impact to get a weighted number. The EMV model is a great way to connect with stakeholders and work rationally while keeping relationships intact. more…

Flexible Focus #37: Navigate with Nanba!

by William Reed, Jan 20, 2011

Earlier in this series in an article called Mobile Mandala, we introduced an exciting new iPad Application called theMandalaChart for iPad, which is available in the iTunes Store. We are proud to announce the first of these templates, a set of 30 Mandala Charts for the iPad application called the Nanba Diary. These pages explain how the MandalaChart and Nanba Diary work for you. more…

Leader driven Harmony #8: Get a FIRE going in Your Belly!

by Mack McKinney, Jan 21, 2011

Let’s pretend you have a major, life-threatening disease and are seeking treatment.  Do you want to be treated by a physician, physician’s assistant or nurse who just kinda likes their job?  Who just muddles through the day?  Who is about as good at the job as most other physicians?  OF COURSE NOT! Same applies to you if you are providing some service or product to someone. In this article Mack tells you how do you get to be the best and how you can rise past the others in your field and become the “go-to” person?. more…

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A recent article in NYT  talked about how kids are wired for distraction by always being online . Every Gadget they use is connected to the internet and the kids are always distracted.  Thinking about this, I thought it is not just the kids even we grown-ups do this.

The next time you see someone with an iphone, you can see every few minutes, he checks his email or something on the iphone. Yes, these gadgets are distractions, but there is a deep underlying problem than this.

Each one of us wants distractions and these tools are just another avenue for our distractions.  We want distractions because we want to escape from things which are bothering us like laundry, doing the vacuum, taking the kids out, unfinished work at office etc.  We all know that the easiest way is to go head-on with what is bothering us and resolve it, but the great majority of us flee and engage ourselves in distractions. So, how do we fix this?

Next time, you feel anxious and want to go for a distraction, notice it and then take on positive distractions like watching a movie or a funny video and once done, sit quietly with a paper and pen (ok, iphone is fine, too) and write down what bothers you. Most of the time, it is just some unfinished tasks,  Next to the task write down what will be the next clear step you will take to resolve this. Resolve to look at it on a certain day. When that day comes, look at your list and take action. That’s it.  You can do this mentally too but writing down seems to be effective, since when the bothering thought comes to your mind, you can remind yourself that you have already written it down and will take action on the appointed day.

Choose to face the problem and use the time previously used for distractions for more enjoyable tasks.

Vijay Peduru is an entrepreneur in the bay area and is the co-founder of a bootstrapped startup. His interests are bootstrapping, leadership and spirituality.
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Week In Review : Nov 21 – Nov 27, 2010

by Magesh Tarala on November 28, 2010

Project Accounting – Do you really need it?

by Matthew Carmen, Nov 22, 2010

Excel spreadsheets provide a level of project accounting capacity that is not sufficient even for some small companies. To reach successful conclusions, you should deploy additional resources such as project accounting software. Whether implemented on a small or large scale, Project accounting can provide great value to more efficient management of business. more…

Chaos and Complexity #11: The soul of a Project

by Gary Monti, Nov 23, 2010

The soul of a project is the reflection of the people, commitment and capability along with what is being attempted. You achieve this by connection. It opens the door for two-ay communication and support. Complex and chaotic projects only thrive in the presence of connection. Top-down approaches and the associated boundaries must be relaxed for the soul of the project to begin to take shape. Initially, the best results are bottom-up. When workable rules begin to surface then top-down can be considered. more…

Should you satisfy your customers?

by Vijay Peduru, Nov 24, 2010

What if you customer is fully satisfied with your product? This will prevent you from selling anything more to them. But cycles of satisfaction and dissatisfaction exist. If not you need to take your customer through that. For example, a lot of people are satisfied with the camera in iPhone 3G. But when they hear the buzz around the one is iPhone 4G from media and friends, many of them will consider upgrading! more…

Flexible Focus #28: Activate your mindset

by William Reed, Nov 25, 2010

In the art of flexible focus, activating your mindset is the fast track to flexibility. In this installment, William has selected for review eight Mandala Charts which have appeared in earlier articles in this series. Revisiting these articles will help you activate the respective mindsets they describe. They also correspond to the primary eight categories covered in the series, so this review provides an overview of one trip around the wheel, and also reflects the variety of topics possible to address with the Mandala Chart. more…

The origin of leaders #3: Learning – Growing through the crucibles in your life

by Conor Neill, Nov 26, 2010

You can get more output by working more and working harder. But there are obvious limits. So, the trick is to increase the effectiveness of your time. In order to accomplish this, you need to be humble enough to learn continuously. Experience is the greatest teacher, especially bad experience. You have to try things and see how they work. In business, your trials will be visible to others, but you cannot let that stop you. more…

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Should you satisfy your customers?

by Vijay Peduru on November 24, 2010

Almost every business book talks about satisfying the customer.  Every business guru touts this.  But no one seems to be asking the question – If we satisfy the customer, how will he keep coming back? He may be satisfied at that moment and you are happy that he is ecstatic about your service and it ends there.

Satisfied Customer – A Problem?

Everyone knows that it is easier to have recurring revenue (an existing customer) than generate a new revenue stream (from a new customer). The question though is – How do we handle this if the customer is already satisfied? One might wonder why this is a problem. Think about it – A customer who is satisfied over a long period of time slowly loses the value of what s/he is getting as it starts appearing like anyone can do it – in other words, the bar that you set becomes the standard and hence, the value erodes.

Satisfaction/Dissatisfaction Cycle

Great marketers have known this for a long time. Just like in a good movie, the director cycles through a satisfaction/dissatisfaction cycle working with our emotions – one needs to take the customer through cycles of satisfaction/dissatisfaction with the product and/or service. And yes, the honesty of this post makes it edgy!

Humans naturally crave for new and scarce things.  If we look at Apple, they release a new product with some features which  are not so great… like the  camera in iPhone 3G. People are a little dissatisfied with these features and start to talk about these and eagerly await for improved features.  When apple release a newer product, they surpass the expectations like the camera in iPhone 4G.  Lot of iPhone 3G users will naturally buy the new iPhone 4G.

The cycle continues…

Listen to the Customer

Sometimes, when we release new models or new software, the customer is already satisfied with the product and does not want the new product. Lots of sales people work on convincing the customer by telling them the new features. They somehow want to convince the customer to buy the product. Instead, they should sit and listen to the customer and should discover  pain points for the customer. Most of the times the customer does not see it as a pain, but if you can see it and show him how bad it is (make him dissatisfied) and then show him how the new product will alleviate this pain – he is most likely to buy it.  The key is to know… that the customer is sometimes blind to the pain and we have to bring it forth for him. In the case of IPhone 3G, a lot of people are satisfied with the camera, but when they see other people telling how bad it is compared to the iPhone 4G, they realize that what they have is not good enough and want to get the new iPhone 4G!

Vijay Peduru is an entrepreneur in the bay area and is the co-founder of a bootstrapped startup. His interests are bootstrapping, leadership and spirituality.
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Week In Review: Oct 10 – Oct 16, 2010

by Magesh Tarala on October 17, 2010

Developing your financial management talent

by Brian Superczynski, Oct 11, 2010

IT financial management has not evolved into a discipline with its own academic programs and certifications. In addition to learning on the job and tailoring programs for your organization, ITIL and PMI courses/certifications will help. But the first step is to recognize this as a  unique area that needs to be developed in your organization. more…

Chaos and Complexity #5: Chaos vs. Complexity

by Gary Monti, Oct 12, 2010

When patterns emerge in chaotic environment, adaptation happens. This is called complex adaptive behavior. This is driven by self organization. The hallmark of emergent, complex adaptive behavior is it brings about a change from the starting point that is not just different in degree by in kind. more…

Social Media and Tribes #16: LinkedIn gets a local makeover in India!

by Deepika Bajaj, Oct 13, 2010

India’s economy is growing by leaps and bounds and it’s professional class is utilizing social media to keep up. Brijj is the local equivalent of LinkedIn, but it has some local twists. more…

Flexible Focus #23: Manners make the man

by William Reed, Oct 14, 2010

Some of the Japanese traditions from the Edo period are still relevant. It shows how to live with respect, culture and style. In this article William has a short list of some key aspects of the Edo manners. You can also download the EDO SHIGUSA MANDALA to start integrating Edo Manners in your life. more…

Worry and Anxiety – Can we really overcome them?

by Vijay Peduru, Oct 15, 2010

We worry about a lot of things. But if you carefully analyze those worries, you will realize that more than 90% of them are needless. Worries only lead to bad situations like relationship problems are health issues. Overcome your worries by understanding that worries are stories we invent about a future situation. These stories will more than likely never happen. On a positive note, invent a good future situation and deliberately think about the good things that will happen in the future. more…

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