We all lose if failure is punished too harshly; It is easy to gloat over flops but the fact is that business cannot succeed without risk

November 12, 2013 3:53 pm

We all lose if failure is punished too harshly

By Luke Johnson

It is easy to gloat over flops but the fact is that business cannot succeed without risk

Isuppose we are all fascinated by entrepreneurs going broke. Perhaps it is envy at work, possibly morbid curiosity, in some cases a desire to see justice served – or is it simply that such tales are full of human drama? The massive recent coverage of the fall of Brazilian tycoon Eike Batista, with extensive features in the Financial Times, The Wall Street Journal and Bloomberg Businessweek, is a classic study of how the media love to focus on a collapse – no doubt because it evokes the readers’ interest. Similarly, the bankruptcy of the Quinn empire in Irelandhas received huge attention – Gavin Daly and Ian Kehoe have even written a book on the subject called Citizen Quinn. Read more of this post

K Anji Reddy: Innovator Forever: With his consistent focus on new ideas, K Anji Reddy encouraged several of his colleagues to start their own businesses

K Anji Reddy: Innovator Forever

by Seema Singh | Nov 13, 2013

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With his consistent focus on new ideas, K Anji Reddy encouraged several of his colleagues to start their own businesses

I always believed that whatever the West has done, we could do as well and I’ve proved it time and again,” said K Anji Reddy during a conversation a few months before he passed away in March 2013, at the age of 72. Much before innovation became fashionable, and eventually inevitable, he invested in research and within three years licensed new molecules to multinationals, beginning 1997. Much before globalisation became commonplace, he took Dr Reddy’s Laboratories (DRL) global in the early 1990s and set up businesses in the regulated markets of the US, Europe as well as in Russia. And much before entrepreneurship became cool, he, a first-generation entrepreneur, vitalised the entrepreneurial culture of Hyderabad, encouraging several of his colleagues and employees to start their own businesses. Today, at least a dozen sizeable companies and scores of ancillary businesses can trace their origin to the company that Dr Reddy started in 1984. So infectious was the influence that the founders of Divi’s Laboratories, MSN Laboratories and Virchow Laboratories even carried forward the name ‘Laboratories’ with them. Read more of this post

Take a Crooked Path to Growth; Successful companies don’t grow in a straight line. Here are three ways growing companies manage their growth through the ups and downs

Take a Crooked Path to Growth 

KARL STARK AND BILL STEWART

Successful companies don’t grow in a straight line. Here are three ways growing companies manage their growth through the ups and downs. There is no cookie-cutter approach to growth. Success stories never turn out the way they were meant to be. When entrepreneurs set out to build a business, they have grand plans about investment, customer acquisition, and eventual stardom. They show a typical hockey-stick chart that shows investment and low revenues in the first few years, followed by a sudden and sustained surge of astronomical growth. Read more of this post

Here’s What The Swedes Get Right About Parenting That Americans Don’t

Here’s What The Swedes Get Right About Parenting That Americans Don’t

KATRINA ALCORNMAXED OUT: AMERICAN MOMS ON THE BRINK NOV. 12, 2013, 3:43 PM 10,229 25

Editor’s note: The following excerpt is from Maxed Out: American Moms on the Brink” by Katrina Alcorn. The book tells Alcorn’s personal story of managing her career, children, and marriage, and what she learned about “having it all.”

Available from Seal Press, a member of the Perseus Books Group. Copyright 2013. pgs. 349-351

The poet William Blake said, “What is now proved was once only imagined.”

Let’s take a moment to imagine a world where more people are involved in the work of caring for children. And by people I mean, specifically, er . . . men. How could this one fact change our government policies, the dynamics of the workplace, and our relationships with each other?  Read more of this post

Powering Employees With More Than a Paycheck

NOVEMBER 10, 2013, 4:35 PM

Powering Employees With More Than a Paycheck

By TONY SCHWARTZ

More than two-thirds of employees around the world, a recent Gallup poll found, feel disengaged, dispirited and fatigued at work. Why is that? A value proposition is no more than the promise of a fair deal: I provide you with something you want and, in exchange, you give me something I consider worth the trade. That trade between employers and employees, since the dawn of capitalism, has been time for money. Read more of this post

At Multibillion Dollar Finnish Startup Supercell, You Absolutely HAVE To Take Off Your Shoes

At Multibillion Dollar Finnish Startup Supercell, You Absolutely HAVE To Take Off Your Shoes

MEGAN ROSE DICKEY NOV. 12, 2013, 1:36 PM 2,024 2

Finnish startup Supercell has a strict policy: No shoes allowed in the office, ever. Well, you can wear shoes, but just not the ones you wear outside, Business Insider has learned.  Supercell wants its office to feel like home, so it requires its employees to take their outdoor shoes off. That means a lot of people are walking around in their socks.  Check out the proof below.  Shoes on shoes on shoes

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The great middle-class identity crisis; ‘Fewer stay in the same profession for life. We are ceasing to be our jobs’

November 8, 2013 12:09 pm

The great middle-class identity crisis

By Simon Kuper

‘Fewer stay in the same profession for life. We are ceasing to be our jobs’

Ionce had dinner in San Francisco with a group of independent bookshop owners. How, I asked them, do people end up running their own bookshops? Oh, they said, there was a set route, pretty much the equivalent of taking holy orders. Read more of this post

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