Hari Pudipeddi

Entrepreneurship, Technology, HealthCare and Software Testing

Follow me on TwitterRSS Feeds

  • Home
  • Writings
  • Books
  • About

Startup Weekend

Aug 18th

Posted by Hari in Startup

No comments

I got associated with Startup Weekend recently and have been thoroughly enjoying my association with them. Am working with the team who is bringing the Hyderabad edition and wanted to share all the information regarding the event here.

————

Entrepreneurship, technology and innovation have never been as important in our world as they are today. With that, entrepreneurs and innovators across India need all the help they can get through mentors and meeting the right investors.

At Startup Weekend (www.StartupWeekend.org) we bring together aspiring entrepreneurs and provide a platform to give shape to their ideas.

Startup Weekend (www.StartupWeekend.org) is founded by Andrew Hyde in 2007 and funded by Kauffman Foundation. You can read more about us at http://startupweekend.org/about/our-story/

What happens at SW?

More than 100 aspiring minds come together to identify ideas to give shape. All 100 can share their ideas or they can be part of another idea. Ideas are shortlisted, teams are formed and over the next 48 Hours, the idea takes shape. We have Investors, Idea Evaluators, and Mentors available to guide teams through the process. On the last day, ideas are presented and the shortlisted ideas take away cool prizes.

Startup Weekend in India

Startup Weekend came to India in 2011. The first two events were organized in Delhi (March 4-6, 2011, http://delhi.startupweekend.org) and Bangalore (March 11-13, 2011, http://bangalore.startupweekend.org).

During Delhi Startup Weekend, 34 Ideas were Pitched, 10 Teams formed; 8 Partners, 5 Mentors.
During Bangalore Startup Weekend, 67 Ideas were Pitched, 15 Teams formed; 7 Partners, 4 Mentors, 20% of teams won prizes.
Now, we are bringing Startup Weekend to Hyderabad from 2-4 September 2011.

To know more about the event, visit http://bangalore.startupweekend.org. You may also join our announcement only mailing list at https://groups.google.com/forum/?hl=en#!forum/startupweekendind, which will keep you posted on the event and other details.

Startup Weekend, swhyd

Choosing to Cruze

Jul 1st

Posted by Hari in Cruze

8 comments

Having read the title of this post, am sure you know by now what I am going to rave about. But, before that, wanted to dedicate a paragraph for my earlier beast and king of India Road, the Mahindra Scorpio.

What do I say? In one line, there is nothing to beat a Scorpio  for the price range and for the comfort even today and I am also sure that there will be no competition in the near future too. Mahindra struck the right chords when designing that car. When I was buying it, friends and family said that it is too big a car to drive in Bangalore, but I did not give in. Went ahead and today, I have no regrets of having bought it. I thoroughly enjoyed every moment of the last five years. As I was closing in to 80,000 KM, the only thing I was not enjoying is that the Clutch was getting heavy (or rather the traffic is increasing). Read all about my drives and maintenance schedule on my blog (Scorpio Maintenance,Scorpio Drives)

I wanted to move  to a car as there are no SUV’s in the price range I was looking :( Started my research in January 2011 and it took me five months to close in to Cruze.

Available Options
Not many, but just three – VW Jetta, Honda Civic, Skoda Laura and Chevrolet Cruze.

Check out the video comparison between the three cars from AutoCar.
Jetta Vs Laura Vs Cruze

VW Jetta – Apologies, but a straight NO. They do not have an automatic variant in Indian market and does not even come with 50% of the features what its competitors have to offer.

Skoda Laura was always out of my lists as I personally believe that it’s prized high above it’s true value. Also, the reviews I have been reading of the after sales service kept me away. Adding to these, the maintenance costs are High too. Also, Automatic transmission is close to 20 Lakhs, which is way above my budget. Also, the true comparison is with the L&K 2.0 TDI AT which is way beyond in the price for me.

Honda Civic was in my mind. Like many other reviewer’s, I was also skeptical about the ground clearance. Let me share my experience. One day, in December 2010, I went to Magnum Honda at Mekhri Circle and was speaking to their sales person, Mr. Santhosh, a wonderful sales person. When I talked to him about the ground clearance, he said only one thing, “I will give you the complete list of Civic owners in Bangalore and Bellary (a mining area in Karnataka where the roads are very bad and this I heard and I have never been there), you randomly pick any 10 numbers, call them and ask them if they have spent any money on the car maintenance because of the low ground clearance and even if two out of the ten you choose say yes, then I will get you the car at an unbelievable price for you” are the exact words he told me. I was really impressed with his challenge. Also, if there are people spending around 15-17 Lakhs on the car and if this was a real big problem, there would not have been any sales for the car was my thought. Also, he bough the car and took me for a long drive and made me drive in places where there is no road and also ensure that i went on all the speed breakers. I did hit the bottom of the car when was crossing few speed breakers, but it was only scratching my heart and not the car :) I was very impressed with the confidence of Mr. Santhosh. My parents liked the car and especially, my mom was very impressed because it had a very large rare door which was making it very convenient for her to get in and out. My mom loved the silver colour and her pick was the Civic with Silver colour.

Chevrolet Cruze – I test drove this car way back in November 2010 and was very impressed in the first ride. My heart went to it, but somehow could not relate an American Car with a Diesel engine; Didn’t know the history of Cruze by then and now, I know. So, accepted :)

Comparing the Overview, Specification, Features, Other Features of all the Four Cars.

What I was looking for?
In the order of priority:
1. Sturdiness
2. Power
3. Safety
4. Ability to do long drives without tiring me :)
5. Value for my sweat and blood

Before I go into details of each of my requirements, let me share my shortlists – Honda Civic and Chevrolet Cruze.

Sturdiness
What is Sturdiness and why have I rated this on the top?
sturdiness is the state of being vigorous and robust or the property of something that is strongly built or resoluteness evidence by strength of character.

  • Civic fails to impress me on this. It is delicate (looks delicate though).
  • Cruze looks like a leopard sitting on the ground with all four legs stretched (Not comparing to BMW et all)

Body Structure (Civic Vs Cruze)
  • Read the Civic Skeleton/Body structure details here. Honda introduces the Advance Compatibility Engineering (ACE) body structure with the Civic.
  • Read the Cruze Skeleton/Body Structure details here.

I am sure you got the synopses of both the structures, both are well engineered and crafted to be sturdy. With my limited knowledge of detailed design of the structure, I rate Cruze 1 point more than the Civic in this category.
Power

One of the most important factors for me. I got used to a bit powerful car and wanted my next one to be a bit more powerful, not just in the books, but in actual performance too. (Scorpio comes with a 122 PS @4000 RPM Power, but the wheel base and Torque of 290Nm @1800 RPM gives you the feeling of power).

Civic promises a 132 BHP powered petrol engine but losses it’s edge in the torque with 172Nm@4300 rpm.
Cruze comes with a 150 BHP 2.0 Ltr VCDi engine with a displacement of 1999 CC and 327Nm@2600 rpm. However if you test drive both, you will clearly see the difference in the initial pick up itself.
This was the killer. By now, I have almost decided on Cruze :)

Safety
Two categories to note – Passenger Safety and Pedestrian Safety (Because, it is common in India for people to cross the street suddenly, not because they want to, but because there is no other option).
Passenger Safety

  • Both Cars come with Driver and Passenger Air Bags. Outside India, Cruze also comes with Air Bags for the rare passengers and also the top. Unfortunately, they do not have this in India :(
Pedestrian Safety
  • In Civic, to help reduce pedestrian injuries in the event of a collision, the hood and fender areas are designed to deform if contacted by an adult or child pedestrian. Energy-absorbing collapsible hood supports, wiper arm pivots and fender mounts are designed to allow substantial deformation in an impact.
  • In Cruze, the protection design to the hood and relating hinge structure reduces the chance of pedestrians striking the engine block.

I am not going into the finer details, both cars come with ABS. However, Cruze comes only with ABS and Frond and Rare Disk Breaks, where as the Civic comes with ABS, EBD and BA along with Front Ventilated Disc Breaks and Disc Breaks for the Rare.

What is ABS and EBD? Read the definition here
.

Ability to do long drives, without tiring me :)
I love driving and my drives relax me. With the Santro (2003 May – 2006 May) and Scorpio (June 2006 – May 2011), I totally clogged 1,32,000 KM (55,000 KM in Santro and 77,000 KM in Scorpio), averaging about 1,375 KM per month.

Naturally, my next car should be something with should take me further and relax and provide more pleasure. Considering the Psychological aspects of the low ground clearance and not providing enough power to substitute, Cruze won more points.

Value for my sweat and blood…
This is quite natural for everyone :) and I am no exception. I earn my money and naturally, it should not go waste. For me, Car is an Investment (I am sure for any Man, it is), but a little more for me.
Somehow, my heart was not 100% ready with the investment on Civic, but definitely 101% for the Cruze.

Identifying the Dealer
I initially went to Sundaram Motors on Kasturba Road, Bangalore. The sales person was decent. He asked me when I was planning for the car and I said immediate. I told him that I would come back in 2-3 days with the documents required. I was back to research on the dealership and did find few issues with the dealership, sales and service. I live in North Bangalore and was seeing if there was any dealership in this part of the town so that the service center is nearby. I figured out that there was Trident Chevrolet dealership in Kalyan Nagar and called them. Went there on a Sunday morning and Mr. Arun greeted me. I was comfortable with Trident because I bought Santro also with Trident.

Experience with Dealership and the Sales Person
Mr. Arun is a very calm and sober Sales person. He has been with Trident for over 8 Years and ensures that the customer is happy with their selection :) I bugged him to the core with my questions. I used to call him once in a week (I waited for 4 weeks for the Cruze) for a test drive and he patiently used to come and give me a ride…

Call Arun on 97437 86901 if you are looking for a Cruze and you will not regret it. I am in no way marketing for them, but just sharing my experience with Trident and Arun.
Customization

If you ask me, no customization required.

Music System – The music system in Cruze is not a very good one. It is decent one. I am still researching on the Stereo, will post after I find out a good fit.

Types – Cruze comes with JK Tyre, not the best. They should have given Bridgestone or Michelin. I am not changing them now, but if you are looking to customize, do read Choosing the right Tyre for your car.

In Dash Multi-Purpose System – Caska is the one of the best which is custom made for Cruze. It includes DVD Player, Bluetooth Phone integration, GPS Navigation and iPod Integration. One Team BHPian has got it, check out pictures and his review here.

Choosing to Cruze
I booked the Car 6 June 2011 and got the delivery on the 30 June. Click here to check out the pictures.



Cruze Drives

What Book has changed your Life?

Jun 7th

Posted by Hari in BoP

No comments

Fortune at the Bottom of the Pyramid

I read this book way back in early 2005 and it did quite change my thought process. Even though this book focus’s on helping Organizations understand how Innovative Products work in the Emerging markets, there is a key take away for Social conscious people like me.

The book embarks on a journey, in which Late Dr. Prahlad argues that organizations always work with the top and middle of the pyramid, but forget the largest part of the pyramid. Any products and service can be produced at better quality for a lower price when it reaches many more than what is anticipated. The discussion/argument is not about the exclusive products like cars or luxury items, but others which are quite necessary. The book takes you thorough case studies of organization who have innovated to help people who absolutely need few things, ranging from Home to HealthCare to daily consumables.

I am not going to go deep into any of the case studies, but would like to share how it motivated me to think differently. Before I read this book, my understanding of the world and organizations was very limited, but this book opened my eyes to a whole new world of understanding what consumer needs and how this has changed they organizations did business.

Today, we have organizations building even cars exclusively for the price sensitive population (Tata Nano car which costs only $2,500). The products and services which have been innovated for the bottom of the pyramid (price sensitive population) also has impacted the middle and top of the pyramid. Organizations realized this a bit late. The prime understanding of any good producer is that any product/service accepted by consumers will always be accepted. However, one aspect which organizations miss is that even in non-price sensitive markets, people consume only limited quantities. However, when you produce goods and services in smaller quantities, acceptance might also go up!

Look at the classic example of Aravind Eye Clinic in Madurai, Tamil Nadu, India. This organization has constantly innovated from the beginning to provide cost effective eye care. If you speak to the founder, his inspiration is McDonald’s. He was amazed the Quality of food available at any of the McDonald’s outlets across the world, which is precisely the same anywhere and everywhere. Being an ophthalmologist, he wanted to create something which has the same quality anywhere and everywhere. Today, Aravind Eye Clinic performs more than 600 eye surgeries each day and these surgeries cost as low as $50. What is the outcome? Acceptance in the 80% of Rural India that they too can better their lives.

If I keep quoting case studies, the list goes on. However, the key take away for me is to produce something/anything which can be accepted at the bottom of the pyramid and impacts their lives. This will translate to acceptance at the middle and top of the pyramid too.

BoP, nonprofit

HealthCare Infrastructure in India

May 18th

Posted by Hari in Government

6 comments

There have been many articles, research papers and writeup on this topic available on the web. As part of a research project, I managed to gather some data points for understanding the State of HealthCare in India. Thorough this post, would like to share my findings and provide some references for a better understanding on this subject.Economically, India has been consistently growing at over 8% GDP every year for the last 3 years and if the Economists prediction goes right, we will continue to grow the same way for the next few years.

HealthCare is one of the key parameters in which a country’s Development and stature are measured. To begin this discussion, let us first understand the structure of HealthCare in the Indian Context.

Primary Health Care is essential health care; based on practical, scientifically sound, and socially acceptable method and technology; universally accessible to all in the community through their full participation; at an affordable cost; and geared toward self-reliance and self-determination (WHO & UNICEF, 1978).
The World Health Organization (WHO) has identified five key elements to achieving this objective:
  • Reducing exclusion and social disparities in health (universal coverage reforms)
  • Organizing health services around people’s needs and expectations (service delivery reforms)
  • Integrating health into all sectors (public policy reforms)
  • Pursuing collaborative models of policy dialogue (leadership reforms); and
  • Increasing stakeholder participation.

Primary HealthCare in India

In 1947, the year of India’s independence, average life expectancy was 29 years and today, in just 63 years, it has reached 65 years. According to estimates, it will reach 74 Years by 2025. There are many reasons for this impressive progress in life expectancy in India and one of the key reasons is the maturity of the Primary Health Care facilities and services in India.

PHC was conceptualized in 1946, three decades before the Alma Ata declaration, with the recommendations of the Bhore committee, that laid emphasis on social orientation of medical practice and high level of public participation. The government followed it up with setting the Community Development Plan in the 1st 5 year plan (1951-55) and Health Survey and Planning Committee in the 2nd 5 year plan.

Primary HealthCare as a key initiative has been an Objective only in the 9th 5 Year Plan (1997-2002).

  • Department of Women and Child Welfare (DoWCW) is responsible for the overall implementation of HealthCare schemes in India.
  • The Central Government is responsible for providing funds for HealthCare infrastructure across the country.
  • The State Government is responsible for allocation of funds to respective regions and building up the personnel and HealthCare facilities across the state.
  • At times of emergency, the Central Government is responsible for collecting and distributing Medicine’s and required support to the state/region.
  • The Government provides a three-tier (Primary, Tertiary and Secondary) support structure for addressing the HealthCare needs across the country.
Structure of Indian Public HealthCare System
The Indian HealthCare system is a three-tire structure which focus’s on delivering care at the individual level. This structure is designed according to the population norms.

Population

Urban

Hilly/Tribal/Rural

Sub Center

5000

3000

Primary Health Center

30,000

20,000

Community Health Center

1,20,000

80,000

Sub Center
The Sub Center is the closest to the common man and becomes the first point of contact in the three tire system.
  • Each Sub Center is managed by an Auxiliary Nurse Midwife (ANM) and one Male Health Worker.
  • One Female Health Assistant and One Male Health Assistant manage 6 Sub Centers.
As of 2008,
  • There are 1,58,792 Sub Centers.
  • 53,390 ANM’s
  • 1,46,036 Male Health Workers
  • 23,458 Female Health Workers
  • 23,458 Male Health Workers.
Primary HealthCare Center (PHC)

Primary HealthCare Center’s form the second tire in the system (Secondary Care) and each PHC is a hub for 6 Sub-Center’s. A PHC typically has a 4-6 beds for addressing immediate and basic Health Care necessities.

Community Health Center (CHC)

CHC forms the third tier in the system.

  • A CHC has 1 Surgeon, 1 Physician, 1 Gynecologist and 1 Pediatrician along with 21 Paramedical Staff.
  • CHC is a 30 bed facility.
  • 1 CHC for 4 PHC’s.

Now, let us look at the core data of HealthCare Infrastructure in India.

Personnel Availability

Required In Position Shortfall
CHC 6491 4276 2337
PHC 26022 23458 4477
Sub-Center 158792 146036 20486
Doctors at PHC 23458 24380 3537
Multipurpose Worker (Female) at PHC & SC 169494 153537 21066
Nurse MidWife 53390 44940 18017
Only ANM 19385 21313 1841
Health Assistant (Female) 23458 17599 6481
Health Assistant (Male) 23458 17972 8827
Health Worker (Male) 146036 60247 79322
Laboratory Technician 27734 12885 14135
Obstetricians and Gynecologists (PHC) 4042 1029 2576
Obstetricians and Gynecologists (Other Location) 219 143 115
Peadiatrician (PHC) 4042 791 2814
Peadiatrician (Other Location) 219 73 146
Pharmacists 27734 20964 7017
Physicians (PHC) 4042 1043 2562
Physicians (Other Location) 219 81 138
Radiographers 4276 1695 2280
Surgeons 234 81 142
All Specialists at PHCs 17104 4279 11033
Total 739849 556822 209349

Infrastructure – (District Hospitals, Ayurvedic Dispensaries & Hospitals, Family Welfare Center and Referral Hospitals)

State District Hospitals Ayurvedic Dispensaries Ayuevedic Hospitals City Family Welface Center Referral Hospitals
Andhra Pradesh 16 557 9 0
Assam 22 380 1 0
Arunachal Pradesh 14 2 1 0
Bihar 25 311 11 12 70
Chhattisgarh 16 634 8 0
Goa 2 77 1 0
Gujarat 23 493 48 106 409
Haryana 21 472 8 0
Himachal Pradesh 12 1109 25 0
Jammu & Kashmir 14 273 2 0
Jharkhand 24 122 1 0
Karnataka 27 589 122 2 57
Kerala 14 740 124 0
Madhya Pradesh 50 1427 34 0
Maharastra 23 469 55 0
Manipur 7 0 0 4 8
Meghalaya 5 12 1 0
Mizoram 8 0 0 0
Nagaland 11 85 0 0
Orissa 32 624 8 0
Punjab 20 507 15 0
Rajasthan 33 3539 100 0
Sikkim 4 1 1 0
Tamil Nadu 27 35 7 104 100
Tripura 2 55 1 0
Uttar Pradesh 71 340 1771 0
Uttaranchal 18 467 7 0
West Bengal 16 295 4 0
Andaman & Nicobar 3 5 1 0
Chandigarh 1 6 1 0
Dadra and Nagar Haveli 1 3 0 0 1
Daman and Diu 2 1 0 0
Lakshadweep 1 2 0 0
New Delhi 9 148 10 0
Pondicherry 4 16 1 0
Total 578 13796 2378 228 645

Infrastructure – Homeopathic Dispensary & Hospitals, Medical Colleges, Unani Dispensaries/Hospitals

State Homeopathic Dispensary Homeopathic Hospitals Medical Colleage Rural Dispensaries Unani Dispensaries Unani Hospitals
Andhra Pradesh 286 6 32 196 6
Assam 75 3 3 1 -
Arunachal Pradesh 44 2 - -
Bihar 179 11 8 366 144 4
Chhattisgarh 52 3 3 6 1
Goa 59 1 1 - -
Gujarat 216 14 13 8347 - -
Haryana 20 1 3 19 1
Himachal Pradesh 14 1 2 3 -
Jammu & Kashmir 0 0 4 235 2
Jharkhand 54 2 3 30 -
Karnataka 42 20 36 176 51 13
Kerala 580 33 18 1 -
Madhya Pradesh 146 22 8 50 2
Maharastra 0 45 39 25 5
Manipur 9 1 1 42 - -
Meghalaya 10 7 - -
Mizoram 1 0 - -
Nagaland 115 1 - -
Orissa 603 6 4 9 -
Punjab 107 5 7 35 -
Rajasthan 178 9 8 102 3
Sikkim 1 0 1 - -
Tamil Nadu 46 9 25 1421 21 1
Tripura 93 1 2 - -
Uttar Pradesh 1482 8 16 49 210
Uttaranchal 60 1 3 3 2
West Bengal 1220 12 9 3 1
Andaman & Nicobar 15 1 - 1
Chandigarh 5 1 1 - -
Dadra and Nagar Haveli 1 0 3 - -
Daman and Diu 0 0 - -
Lakshadweep 1 0 - -
New Delhi 98 2 5 25 2
Pondicherry 7 0 8 - -
Total 5819 228 263 10355 1008 254

State wise Population to Infrastructure availability

State Population Sub Center PHC CHC Doctor
Andaman & Nicobar Islands* 356,265 3,125 18,751 89,066 4,880
Andhra Pradesh 75,727,541 6,048 48,234 453,458 34,204
Arunachal Pradesh 1,091,117 1,843 9,406 24,798 12,542
Assam 26,638,407 5,801 31,562 258,625 65,290
Bihar 82,878,796 9,356 50,505 1,183,983 52,958
Chandigarh* 900,914 64,351 450,457
Chhatisgarh 20,795,956 4,386 28,843 152,911 24,125
Dadra & Nagar Haveli* 220,451 5,801 36,742 220,451 36,742
Daman & Diu* 158,059 7,185 52,686 158,059 26,343
Delhi* 13,782,976 336,170 1,722,872 599,260
Goa 1,343,998 7,814 70,737 268,800 30,545
Gujarat 50,596,992 6,956 47,155 185,337 49,654
Haryana 21,082,989 8,665 50,198 245,151 60,237
Himachal Pradesh 6,077,248 2,934 13,535 83,250 14,932
Jammu & Kashmir 10,069,917 5,281 26,853 118,470 22,328
Jharkhand 26,909,428 6,799 81,544 138,708 81,544
Karnataka 52,733,958 6,476 24,025 163,263 18,562
Kerala 31,838,619 6,250 35,026 297,557 18,383
Lakshadweep* 60,595 4,328 15,149 20,198 10,099
Madhya Pradesh 60,385,118 6,836 52,554 223,649 57,951
Maharashtra 96,752,247 9,146 53,278 237,721 81,236
Manipur 2,388,634 5,687 33,175 149,290 20,771
Meghalaya 2,306,069 5,751 22,389 88,695 21,755
Mizoram 891,058 2,435 15,633 99,006 17,136
Nagaland 1,988,636 5,009 23,124 94,697 25,173
Orissa 36,706,920 5,488 28,700 158,904 27,130
Pondicherry* 973,829 12,647 24,970 243,457 14,321
Punjab 24,289,296 8,499 50,184 192,772 120,842
Rajasthan 56,473,122 5,257 37,574 161,814 36,623
Sikkim 540,493 3,677 22,521 135,123 12,869
Tamil Nadu 62,110,839 7,134 51,120 301,509 27,483
Tripura 3,191,168 5,512 41,989 290,106 12,514
Uttar Pradesh 166,052,859 8,092 45,001 322,433 82,985
Uttaranchal 8,479,562 4,804 35,479 154,174 9,792
West Bengal 80,221,171 7,746 86,819 229,860 99,038
Total 1,027,015,247 7,033 2,988,332 7,595,753 1,830,246

I will append more information as I get to learn more.

Most of the data was taken from Ministry of Family and Child Welfare (http://www.mohfw.nic.in) and also from search, papers and other websites. I ensured that I do not violate any copyright information.

India HealthCare, state of healthcare in India

Innovation Perspectives

Sep 21st

Posted by Hari in Innovation

3 comments

On the 9th and 10th September, PMI Bangalore Chapter organized their Annual PMPC (Project Management Professionals Conference) at NIMHANS Convention Center, Bangalore. I got an opportunity to be invited to the conference at the last minute. Could not attend on both days but squeezed in as much as possible to be there on Day 1.

The key theme around the conference and its speakers has been “Innovation”.

Conference was well organized and there were eminent people who came to share their experiences including Mr. T N Seshan, former CEC of India. I could capture few interesting points during the conference and here, I am sharing them in Q&A format which could probably provoke your thought process.

How do we help “team” think Innovatively?

Many managers struggle with this. Innovation is not a skill, but attitude and the thought process. How can we change someone’s thought process when they are tuned to a particular style? Especially the learning style which we grew up with? One noble Professor who was part of the Panel  provided an interesting thought. Managers should keep pushing what he calls Stress Relievers. What he recommended is that we should push team members to inculcate the habit of reading. Along with this, Management should periodically give Puzzles to its team (group and Individual) and encourage them to solve. This will help them sharpen their thought process and start thinking of new ways of solving real live problems.

Helping team to de-stress regularly by encouraging them in Sports and Dancing is another way of motivating team to think different.

We are so used to follow instructions and solving problems in School and at College. What we need is a different way of solving problems. This comes only when Management/Managers give the opportunity to its team members to think different. Manager’s should definitely understand how to balance the pressure of the demanding milestones and also give the liberty to team members to think and solve a problem. Also, the success for the organization comes when Managers give the same freedom to their Managers.

Why is India far from Innovation?

Panelists had various thoughts on this. One perspective which struck chord with the audience is that we are more Service Driven. Others agreed, however also highlighted that there are various organizations which have started thinking in these lines. Intel’s Celeron processor was completely born out of India. There are many other innovations which are coming out from India. However, the cycle is taking longer due to the infrastructure. What I mean by Infrastructure is the system we have – Our Education System, Incubation Cells, Government Support, Investments and mentorship. These are working today, however, there is loads of differences when it comes to execution. We are definitely in-line, however it is taking longer than the usual cycle.

What are organizations NOT providing to foster Innovation?

One aspect which many have agreed is the timeframe and the service mindset. We need to Quantify results quickly than the anticipated time. This happens everywhere and most of the times. This becomes a burden for Innovation. Organizations need to develop their Delivery Models based on this. Time required for Innovation in solving the problem should be considered while estimating their timelines for Delivery. This builds the culture of Innovation in the organization and also teams are motivated to think in this direction. Organizations which have incorporated this have definitely been successful – Google (20% of time goes towards working on an individual’s passion), ThoughtWorks (Services organization) have been the true differentiators. There are many organizations across the globe, but mentioned the above examples so that they can easily be referenced.

How do you measure Innovation?

Many participants agreed that they use Innovation Index. Others who shared their experiences mentioned that they measure what needs to be delivered to how it is being delivered, essentially metrics.

For each of their goals, organizations should have a quantifiable measurement criteria and this helps measure their Innovation. How many different and effective ways have been proposed to solve a problem is what needs to be measured. This becomes a benchmark in the Organizations measurement.

Does aggressive growth need rapid Innovation?

It depends. There are various parameters in understanding what the end goal is. Organization Goals  take the center stage. What is the Priority of the organization – Growth or Innovative Solutions? Until this is answered, one cannot determine if each of them are inter-connected or inter-dependent.

Is Competition killing Innovation?

One Professor who was part of the Panel started with an interesting perspective on various Era’s:

Socialist – The Nehru age. We need to become an industrial economy to build the country.
LPG (Liberalization, Privatization and Globalization) – This happened across the globe. Each country wanted to build their economy to establish themselves.
WTO (World of Threats and Opportunities) – This is today. We have an Opportunity and Threat sitting beside each other all the time.
Did this kill Innovation? NO. What ever the perspective is, Innovation happens all the time and organizations ensure they stick to what they are doing. Going forward also, these aspects are always existing and how we handle them and build ourselves is what counts.

“Innovation is Attitude” – How can we develop this attitude?

No rocket science. Build the attitude from day one. Give the liberty to your teams to think on their own. Do not provide them with solutions to solve problems (like in a typical System Development Lifecycle). Let teams think for themselves and propose solutions. Match with what your experts have in mind and arrive at a cumulative solutions. This will provide confidence to your teams to think independently.

I was present for a session by Sudhir of Lumium Innovations, Ahmedabad and that was very different.  Lumium is working towards becoming the Indian IDEO. He had a different perspective on thinking out of the box. He says that there is Nothing outside the box, but it is just a bigger box.

The session name on the agenda attracted double the capacity of the auditorium. The initial case-studies he presented which they were working on, gave a different light to many in the auditorium, but what attracted me is one slide he shared toward the end on the three tangents of the Box.

There are three tangents to the graph – Past, Present & Future

Past

  • Cumulative Learning
  • Discrete Experiences

Present

  • Systems
  • Consumers

Future

  • Technology
  • Bio mimicry

What happened in the Past is that we banked on our cumulative learning. Imagine the last project you worked on?  The project schedule was prepared based on a similar project done earlier. The design and architecture is based on past experiences of the Architects (This is what they are paid for, right?). The pricing has been based on the projected number of hours taken to complete the project (again, this goes back to referencing earlier projects). There is nothing wrong in this. It is a very well accepted perspective.

In the book Super Crunchers, Ian Ayres begins the book with a reference to column  in a famous wine magazine which mentions that a particular place in France, at a particular latitude and longitude and at a particular time frame produced the best wine in the world till date. How did this come about? This is based on various calculation of the location of the vineyard, climatic conditions and the quality of grapes grown. This came into writing when the columnist referred to various statistics of wine produced around the world. The prediction (even though its in the future) was based on historical data. He did not predict that we will have the best wine prepared in the future, but it is based on the past data.

What is happening at Present is that we are building systems based on the consumers requirement. There is no referential data available. Look at all the applications which are being developed for the Mobile space as an illustration. There is no reference because the mobile space is re-inventing itself everyday. A new kind of platform is being conceptualized and brought to the real world almost every day.

What will happen in the Future is that our reference point is going to be Technology and inclusion of Bio mimicry. How technology takes shape and how consumers want o see what the want and demand what they see.

Most of the notes above are my interpretations and my examples. Feel free to shoot your thoughts.

IDEO, Innovation, limium, pmpc, project_management

7 Leadership Lessons from World Cup

Jul 13th

Posted by Hari in Entrepreneurship

1 comment

FIFA World Cup 2010 has just concluded and if you have been following the games, I am sure you have learned a lesson or two. My favorite team has been Spain since the beginning seeing their performance in the last 2-3 years. Most of my friends laughed at me and just wrote me down. Spain lost their first match and opinions became stronger. Well, I was confident of Spain since the day one and it actually became stronger after they lost their first game.

As I followed the games, I understood that this time it is going to be a different one. As expected, all “favorites” were out in either the league or Super 16′s. One team which has stood out was the Spain and there are definitely lessons to be learned from them. Here are the top 6 Leadership Lessons I learned:

Persistent – Even though they lost their first match, it is their Determination to win what mattered. The only thing which they concentrated was the game. Who ever the opponent is, the game came from the heart.

This is exactly what is needed from a Leader. No matter what the situation is, who the opponent is and what the game is, you need to have the determination to handle the game. Winning and Loosing are two sides of the game and there is nothing like he/she is stronger than me, more educated than me, have more experience than me.. These are all reasons we give ourselves. The fear of loss in us becomes the strength to the opponent and this is what takes the game away. You need to be confident of yourself and play it with your heart and no matter what, success is yours.

Consistent – Consistency comes from the mind. The Determination to always excel is what makes you a winner. Failure is the stepping stone to success, and if you close your mind thinking that the game is over, it is long over. Consistency is a must quality in each of us to make the difference and this does not come in a day, it is a constant practice. Also, when you are being consistent, you do not change the rules of the game, but you change the way you play. Just imagine if Gandhiji stopped his ‘Non-Violence’ strategy because he is not able to move forward? Would we have got Independence? He kept to the rules of the game, but kept on sharpening his playing skills which ultimately achieved what has to be achieved. From the beginning the Spanish kept to their cool side and only concentrated on being the wall to the opponent. They used every opportunity to hit a goal.

n FAILURE = 1 SUCCESS – It does not matter how many times you loose, but it matters if you have won the crucial game or not. In real life, no one wins everyday, but just because of that, if you stop practicing being consistent and determined and kept on changing your strategy, you will NEVER win. Only when you fail many times will you know how to be successful. Do you think it was any different with the Spain matches?

Goal! – You should DEFINE and quantify what you want to achieve and this is the key to success. But, this does not mean you bend the rules to reach your goal. In movies, we see always the Villan bends rules to become the winner, but the Hero always plays the game following the rules, and who wins? Even though movies are fictitious, the fiction comes from real life. The Spanish always got their goals (remember, they hold a record this year for scoring the least number of goals and still winning what matters) when they wanted to. They has to work hard for it, but when you are just determined to get it, you know you would get it.

TEAM WORK – Last but not the least, its all in the Team. Team should stick to their roles and live up to play the best of their capacity all the time. If one starts thinking that I am superior than the other, that’s it, the game is all over. Each one in the Spanish team came from different parts of the country but played together for one club until they achieved what they want. It’s all in the TEAM and there is never an Individual Winner, also will never be.

Play the way, the Game needs to be Played – You are playing a very truthful and committed game, but opponents are not always the same. You do not run away from a mosquito, but you do run when you see a Tiger. Why? In the last two games which mattered, the Spanish played the way the opponent was playing. With Germany, there were no fouls at all, but with the Dutch, the match holds a record for the maximum number of cards. However, one key aspect here one needs to remember, this should not deviate from the way the game needs to be played. You mend your game and not the rules!

Stay Cool – ALWAYS: If you noticed the games played, Coach played an important role and the one thing you notice is that he has always been cool.  No game can be played in tension and no game can be won with a disturbed mind.

The most important aspect of Leadership is keeping yourself Cool and Lite, else every decision you take turns out to be a disaster.

FIFA, Leadership, WC2010

Cost Effective Web Application Testing

Jul 3rd

Posted by Hari in OpenSource

No comments

Web applications are the way of life today. Every business, every person uses web for one thing or the other every day. I remember the famous SAIL advertisement “There’s a little bit of steel in everybody’s life”.. “There’s a little bit of Web in everybody’s life today.

Recently, I spoke with a group of Web Application experts from RedBus on how can we reduce cost while testing web applications. How much ever the technology has advanced, few basic aspects remain the same and when you do them correctly, you can reduce huge over-head’s.

You may use any engineering model for your development (Spiral, Waterfall, Agile etc), but your test strategy should include the basics and get it right. The fundamental aspects of Inspections, Reviews and Checklists become very important.

Reviews
This is one of the oldest and proven forms of Testing. Reviews demand understanding of the domain and the technology by each and every stakeholder of making the system work as required. Reviews happen within the team and also by a knowledgeable source – Peer-Reviews and Expert Reviews. Peer reviews are within the team by an Architect or the Designer and also a review by an expert in the domain and the system will add a lot of value. One other review is by the end-user. Requirements are gathered by the Business Analyst or the given by the End-user. Having a review of the functionality of the system by the End-user will ensure that you building the system right and adds value to the end user. In case of the web application and it is our solution, a review of the functionality by your friends or family will give you a third perspective.

Imagine a rocket launch or an airplane with out the review… Reviews exist in all industries and this is one of the most accepted and cost-effective way of testing.

Inspections
Inspecting the system is again a task of the expert. Inspections provide opportunity for ad-hoc testing and ensure all requirements are covered while building and not at the end.

Checklist
Checklists help in ensuring you check for the key functionality, but not at an intense level. For example, if you are building a user log in functionality for your web-site, the checklist will read something like this:

1. Page load with all required fields?
2. Correct User Name and wrong password?
3. Incorrect User Name and random password?
4. Blank User Name and Password fields?
5. Blank User Name and random Password?
6. Blank Password and random User Name?

In a checklist, you do not get into the details. You will check for the appropriate error messages which need to be shown. Checklists are most effective when you make them as comprehensive as possible. Try speaking to a Pilot and he will tell you how their checklists are designed.

The above are the common Cost effective testing method’s. Threat modeling and Penetration Testing are two techniques which are important for web applications. In Threat modeling, you will design various models of how the application can be intruded once deployed. Considering these models, you test the application. However, it is not practical that few people can think of all the various ways an application can be intruded. Hence, a good threat model does not mean that the application is safe in all aspects.

Recently, I was reading The Checklist Manifesto by Dr. Atul Gawande and it shows the power of checklists. Dr. Atul showcases his experiences of usage of checklists in Construction, Airplane’s and Hospitals and this is an amazing read to see for yourself, how these small checklists make life so easy to work.

Cost Effective Web Application Testing
View more presentations from Dazasya.
owasp, web testing

Creating a Market for your Startup

May 7th

Posted by Hari in Entrepreneurship

3 comments

Days have changed and so has Entrepreneurship. Until very recently, if you have an amazing/cool idea (as per your rating), you write your thoughts on paper, share it with family and potential investors and look for some angel funding or formal Investment to give shape to your idea. In cases where you do your homework well, you go around doing the ground work asking people of their views on your idea, make modifications and re-design your Innovation.

Today, we have the new parameters of Entrepreneurship shaping up. Innovations are shaping the future. People are not only expecting better solutions for problems, but smarter ones. The future of Entrepreneurship and Innovation lies in creating the market and just not bringing out new solutions.

What is Creating New Market?

Let me start with an Illustration – Today, in developing countries, HealthCare is one of the primary focus for building a healthier future. However, with no strong HealthCare framework for meeting the demands of hungry consumers, HealthCare organizations (Hospitals and Medical Schools) design and operate very independently. What misses is the “integrator” for providing Quality HealthCare. Each organization has its own way of handling medical records and the system. Instead, “single-point” solutions is the need of the day. This is not the problem in India, but across the world.

The next aspect of Innovating for the future demands “Education”. Educating the customer gives better mileage to the Innovation rather than creating something and leaving it for the customer to read and understand.

One of the most recent advertisements (advertisements are the closest to Customer Education) I saw and loved its thoughtfulness is the Volkswagen Polo Ground Clearance advertisement. VW came to India just few Years ago and they have been really bombarding commercials (which make sense to Indian Customer) of their brand and in just a very short period of time have become a very common name. Mercedes, Honda, Toyota have been in India for long enough but still not many people cannot identify the car (at least few models). What i am referring to here is the time to market and customer education (awareness).
Any Innovation does not make sense unless it reaches its target customer and also creates a sizeable customer base.

How to Create your Market?

  • Create a prototype of your idea (can be as simple and stupid as you want, but which gives a near picture of what the final Innovation would look like).
  • Associate your Innovation to a cost.
  • Educate your potential buyer on how it can ease out their effort in addressing the problem you are solving (Provide the USP)
  • Sell!
  • Ask them to try and give you feedback.
  • Will they buy your Innovation at the price you have fixed or do they think twice and bargain??

After you win confidence of your potential customers, try it with outsiders (colleagues, acquaintances etc) and see what their reaction would be. Will they buy and use?

The last aspect what you need to consider is the longevity of your Innovation. How long will it take your customer to come back? If your customer has to come back regularly, what is that which makes them come back to you and not your competitors? How long can you sustain your customers before loosing them? Will they come back?

If your Innovation is a one time solution, how effective it is and what is the your Business Model to add enhancements and keep your market going?

…This chain goes on.
Remember to always Educate your customer on what particular problem your Innovation will solve, which makes meaning and this will help you see a new world of opportunities opening up.

Startup, startup_marketing

Twitter Update – 7 May

May 7th

Posted by Hari in Twitter

No comments

  • Interesting persepective on Why you should DELETE (Cannot!) your FaceBook Accounthttp://bit.ly/ayq7c5 #FaceBook
  • For Startups, Some Good News From Google http://bit.ly/9sysB6
    Microfinance Open Book blog: Yunus Proposes Microdeposit Insurancehttp://bit.ly/aGtelG
  • 10 Essential Tips for Building Your Small Biz Team http://bit.ly/btDWHx
  • 10 Awesome Webcam Feeds From Around the World http://bit.ly/b9awK2
  • “Social” Demands in the Age of Social Media http://bit.ly/dk8qUJ
  • 5 Social Media Strategy Tips to Help Avoid a Panic http://bit.ly/cNsUb0
  • With Social Media Comes Great Opportunity http://bit.ly/du5GIg
  • Mobile Apps – the next big trend http://bit.ly/9Wzz6W
  • Microsoft Previews Spindex, a Social Media Tracking Tool http://bit.ly/aepsGh
  • Nurture Talent Academy, India’s 1st Training Institute for Entrepreneurs, today announced its … http://bit.ly/bZYA9i
  • 51 Healthcare Groups Call for Changes Of Federal EHR Adoption Proposalhttp://bit.ly/aJxiNJ
  • Four Steps to the Next Step in Your Social Media Evolution http://bit.ly/9EksZS
  • Why Top-Down is a Better Approach for Open Innovation http://bit.ly/ckiGUv
  • Rethink, Reimagine, Reset http://bit.ly/aJgCUU
  • New book inspires by sharing stories of sustainable, green innovation http://bit.ly/c7eG3d
  • Creative problem solving: Which way does your banana bend? http://bit.ly/d7l3sK
  • Double Down – Two Innovation Templates in One Bite http://bit.ly/9k1mBA
  • How Good Are You at Critical Conversations? http://bit.ly/dhAb6l
  • Proud of Social Enterprise UK http://bit.ly/apJWHD
  • Leadership in the Age of Climate Change http://bit.ly/cEizDl
  • The Productivity Myth http://bit.ly/aBPObq
  • 5 Differences Between Social Media and Social Networking http://bit.ly/cN82QV
  • The Anatomy of Trust in Social Media http://bit.ly/brltK6
  • 9 More Simple Google Search Tricks http://bit.ly/cLRgGr
  • 4 Ways Foursquare Can Improve Your Workplace http://bit.ly/cqN7SY
  • How Non-Profits are Using Social Media for Real Results http://bit.ly/ag9tUS
  • 21 Tips for Using Twitter and Facebook for Business http://bit.ly/99MUwN
  • Technology for Transparency: The South Asian Story http://bit.ly/dex5JX
  • CNN: India Farmers Profit from Organics http://bit.ly/9DseBm
  • All Entrepreneurship is Social…for Awhile http://bit.ly/aMGuPO
  • Social Systems & Knowledge Networks | http://bit.ly/ctEe2s
  • Boost Leadership. Boost Innovation. – Jim Woods Business Creativity, Radical Innovation & Compet http://bit.ly/9eB6GI
  • Steve Wozniak: The Mac vs. PC War is Over http://bit.ly/9pgyrv ]
  • Enterprise Cloud Adoption Is Changing the Playing Field http://bit.ly/dyVGkp
  • Vision India 2020 Book Review: Sabeer Bhatia http://bit.ly/dlMPDX
  • Amazon Starts Sharing What You’ve Highlighted on Your Kindle http://bit.ly/aobqGE
  • Building One Of The World’s Biggest Tech Blogs From New Zealand: ReadWriteWeb Founder Richard MacMan http://bit.ly/cD1OCx
  • 101 CreativiTeas for the Knew Age http://bit.ly/bHr1Ub
  • Evaluating Ideas http://bit.ly/cMfJop
  • Social Engagement Through Youth Empowerment http://bit.ly/aZr1ot
  • Opening up Science http://bit.ly/aqNFrL
  • April’s Top Ten Innovation and Marketing Articles http://bit.ly/9NhcdQ
  • 7 Ways to Customize Your Real Life Online http://bit.ly/aaUZnJ
  • 5 Must Have Tools And Apps For Enhanced Facebook Experience http://bit.ly/bumQ5o
  • The Evolution of Media and Online Newsrooms http://bit.ly/9nrn9j
  • 5 Ways to Find and Use Employees to Speak for your Brand http://bit.ly/bOvIWP
  • Social Media: A False Sense of Productivity? http://bit.ly/cMQDbw
  • Twitter Is The Social Media Platform Of Choice For Fortune Global 500 Companieshttp://bit.ly/b6TCgf
  • YourStory partners OnSuccess, An innovative new platform for entrepreneurs in Koreahttp://bit.ly/9JsfNw
  • Five Steps: How Photographers can Create New Business Models, Remixed (Video)http://bit.ly/cVErnN
  • Social Enterprise Speaker Series at The Hub Bombay http://bit.ly/bb9bPx
  • Is Intel’s Atom Splitting Apart the Netbook Market? http://bit.ly/dpL6Rw
  • Innovation Perspectives – Innovation Industry on Display http://bit.ly/dtE37H
  • Innovation Perspectives – Social Media Return Dilemma http://bit.ly/drSW7z
  • Innovation – Science or Alchemy? http://bit.ly/chtHcW
  • Innovation Perspectives – Collaborating with Stakeholders http://bit.ly/bWOkJb
  • Innovation Perspectives – Social Media and Global Innovation http://bit.ly/aOKTwd
  • Social Entrepreneurship Boot Camp http://bit.ly/cxb7oQ
  • Think global to meet challenges and solutions http://bit.ly/8X6oZS
  • The C.K. Prahalad Fortune at the Bottom of My Backpack http://bit.ly/cxFnat
  • 8 Best Android Apps for Health and Fitness http://bit.ly/9qoL2I
  • 26 Essential Social Media Resources You May Have Missed http://bit.ly/dxu0HP
  • The Five Whys for Start-Ups http://bit.ly/c9Q4i5
  • Best Buy Awards 10 Youth-Led Teams Funding to Expand Social Ventureshttp://bit.ly/bszZhM
  • Will Foursquare Badges Really Help Newspapers? http://bit.ly/9fBrYe
  • Social Media workshop for NGO professionals in New Delhi : 27th Aprilhttp://bit.ly/cKXege
  • Connecting Social Networks to Innovation http://bit.ly/bOJkPZ
  • Innovation Perspectives – Connecting Social Networks to Innovation http://bit.ly/d4rYTo
  • Google Maps For Social Media? | The Relationship Economy…… http://bit.ly/d7kg56
  • Crowdsourcing + Open Innovation Fuel a Prize-Driven Economy (Part 2)http://bit.ly/asEmw5
  • Indispensable vs. Irreplaceable http://bit.ly/b49k65
  • 20 Top Twitter Monitoring and Analytics Tools http://bit.ly/d52W2b
  • The Life-Cycle of Toothpaste http://bit.ly/bUUjfv
  • Want to Know What Facebook Is Saying About You? Try This Toolhttp://bit.ly/aop7MY
  • HHS: HIPAA Regulations Will Come Next Month http://bit.ly/cjZ5hZ
  • Crossing the Re-invention Gap – Newspapers http://bit.ly/aDKGDd
  • There is No GPS for Innovation http://bit.ly/dlqFsp
  • Innovation Perspectives – Social Media is the Glue of Innovation http://bit.ly/9klYDV
  • Crossing the Re-invention Gap – Newspapers http://bit.ly/aIZfm5
  • 80+ ways to Tweet http://bit.ly/fLth
  • 20 Top Twitter Monitoring and Analytics Tools http://j.mp/cMD0UT
  • Indispensable vs. Irreplaceable http://j.mp/dB00ri
  • Six Factors in Emergent Innovation http://j.mp/dDz8Lg
  • Crowdsourcing + Open Innovation Fuel a Prize-Driven Economy (Part 2)http://j.mp/aOomG9
  • Google Maps For Social Media? | The Relationship Economy…… http://j.mp/blpu0x
  • Incubating Innovation in the Middle East http://j.mp/dkataD
  • Six Factors in Emergent Innovation http://j.mp/98VRvN
  • Intangible Innovation http://j.mp/bX52hd
  • Innovation Perspectives – Connecting Social Networks to Innovation http://j.mp/aVOEdZ
  • Connecting Social Networks to Innovation http://j.mp/cOprIC
  • Social Media workshop for NGO professionals in New Delhi : 27th Aprilhttp://j.mp/90Qof5
  • Will Foursquare Badges Really Help Newspapers? http://j.mp/dD9Lyr
  • Best Buy Awards 10 Youth-Led Teams Funding to Expand Social Ventureshttp://j.mp/bsGrxP
  • There is No GPS for Innovation http://j.mp/9aFCww
  • Mary Roach: 10 things you didn’t know about orgasm http://bit.ly/2L2YDg #TED
  • Innovating your Business Model http://bit.ly/9bPIz3
  • Can Social Media hinder Innovation http://bit.ly/b2LW9V
  • Are you linkedin to Innovation?http://bit.ly/apDixw
  • Storytelling in Social Media http://bit.ly/d779hE
  • What if Innovation was the norm? http://bit.ly/c0r4xx
  • CKP’s testimony to the need for foresight in management http://bit.ly/bMFDxa
  • Are you going to Innovate? http://bit.ly/cOkwtm
  • Intangible Innovation http://bit.ly/dc9yzy
  • Five things I don’t know about HealthCare http://bit.ly/asr8u6
  • Indian Outsources should look for Rural Talent http://bit.ly/97kEFq
  • How Poverty is Calculated in India http://bit.ly/9vvSSq
  • Dasra is inviting applications for its Social Impact Program upto June 30 2010.http://bit.ly/atp2xT
  • 9 Ways to breath life into your Blog http://bit.ly/clgQ6o
  • The art of Overshare http://bit.ly/cvhhdj
  • The future of Social Software http://bit.ly/9EXxks
  • 26 Reasons why Brainstorming Sessions fail http://bit.ly/cbTwbG
  • Amazon’s Smart Innovation Strategy http://bit.ly/cRHcHJ
  • Guiding Principals of Open Innovation http://bit.ly/a9hRSJ
  • Top 10 Innovation Imperative http://bit.ly/aCy1Q6
  • 35 Critical Thinking Strategies http://bit.ly/bBSnAo
  • Innovation is Solving Problems without Constraints http://bit.ly/92GEGs
  • What is Pricing Mode? http://bit.ly/brvr8Z
  • A Tribute to CKP http://bit.ly/dnikln
  • Your Competitors are your Customers http://bit.ly/9S3lTO
  • 20 University startup’s from VentureLab Invite you to VentureConnect 2010http://bit.ly/9NlteM
  • The State of Internet http://bit.ly/agGaHt
  • BlackBerry Vs iPhone http://bit.ly/bLZoZM
  • Microsoft launches Social Networking Platform for Politicians http://bit.ly/d9XBUN
  • Idea Valuation - http://bit.ly/drdP7r #StartupSaturday
  • Importance of Storytelling to Innovation http://bit.ly/b9ZXD9
  • World Innovation Forum Scavenger Challenge #1 http://bit.ly/9v3Rao
  • 2010: The year of Innovation and Entrepreneurs in Middle East http://bit.ly/aY6j41
  • Dell Partners with Entrepreneurship Development Board to help Entrepreneurs in Indiahttp://bit.ly/cC5V37
  • 6 Ingredients for Successful Innovation http://bit.ly/cjHYpy
  • Why ‘Top Down’ Innovation is Difficult http://bit.ly/cD5UeS
  • Building Deep Innovation Capabilities http://bit.ly/9WU1aM
  • 5 Key Questions for Quick Decisions http://bit.ly/bKUdUw
  • Avoiding Innovation Chaos http://bit.ly/bNYl4z
  • Where’s your Innovation Friction? http://bit.ly/dtoeYV
  • Seven Tips for Proving Your Business Model http://bit.ly/awljft
  • Open Innovation Frustration http://bit.ly/b5vLl6
  • Experiments – The Key to Innovation http://bit.ly/bBlCOc #Innovation
  • Wolfram Alpha Wants to Be a Google Maps for Data http://bit.ly/bAbjBC
  • 10 Simple Google Search Tricks http://bit.ly/aP6oMg
  • Cisco Opens Entrepreneurship Institute http://bit.ly/c56jQ0
  • What makes great Employees? http://bit.ly/dxsLbJ
  • 50 Photography lessons you should take for fun http://bit.ly/d3xNi3 #Photography
  • Innovate How you Innovate http://bit.ly/bwgiKB #Innovation
  • The four currents of a Culture of Innovation http://bit.ly/azGrT0 #Innovation
  • How to build your capacity to make ideas Happen http://bit.ly/9BiJik #Innovation
  • Innovation Perspectives: Designing your Organization and Culture http://bit.ly/bnpvIm
  • Seth Godin on the Power of remarkable ideas http://bit.ly/amdxj1 #Innovation
  • Twitter attempts to filter Tweets http://bit.ly/9038QU #Twitter
  • 11 Ways to Implement a Culture of Innovation http://bit.ly/8XUxN1 #Innovation
  • Innovation Equality http://bit.ly/9JqbxV #Innovation
  • Innovation Metrics – A Whole Brain Strategy http://bit.ly/cXX4WT #Innovation
  • The age of Innovation http://bit.ly/bXXIWE #Innovation
  • Key to Successful Innovation Leadership http://bit.ly/b8maZ3 #Innovation
  • Rise of Innovation Ninja’s http://bit.ly/9P6D8P #Innovation
  • Now Open Innovation Resource Center on nnovationTools.com http://bit.ly/bO9jPo#Innovation
  • Empathy Driven Innovation http://bit.ly/d6NRPf #Innovation
  • Finding time to Innovate http://bit.ly/cQt32f #Innovation
  • The 8 Ugly Truth’s about Social Media http://bit.ly/9DCWZV #SocialMedia
  • Amazon – Make Kindle Open Source to beat Apple iPad http://bit.ly/bzSeqx #Kindle #iPad
  • Innovation How you Innovate http://bit.ly/b9zgLT #Innovation
  • Innovation Perspectives – Kill your Innovation Champion http://bit.ly/9Cr6aZ #Innovation
  • 3 Models for Applying Customer Feedback Innovation http://bit.ly/dy3dW4 #Innovation
  • When selling your Innovation is your constraint http://bit.ly/bnhhU5 #Innovation
  • Drastic Expectations for Growth and Innovation http://bit.ly/aUSw0o #Innovation
  • How Non-Profits use Social Marketing to Promote Energy Conservationhttp://bit.ly/9oJ0dV
  • RT @innovate: 3 Models For Applying Customer Feedback to Innovation -http://su.pr/1Wm0GW – Hutch Carpenter
  • Social Entrepreneurship is Sexy – Notes from Panel Discussion at #HS2010http://bit.ly/dqyg4X
  • The 5 Elements of Hardwork http://bit.ly/c0lLjZ
  • Selling Innovation to your Boss http://bit.ly/bPCSMh
  • Reducing the risk of Innovation http://bit.ly/d73wqr
  • Innovating to Compete http://bit.ly/bq1OoS
  • The importance of Innovation Skills and Best Practices http://bit.ly/dcQSo4
  • An Innovation Manifesto http://bit.ly/bmk5wG
  • 10 Top Reasons your Corporate Social Network should be an Innovation Social Network http://bit.ly/9tKlJm
  • Innovation a Top 3 Priority – What about Metrics http://bit.ly/a78bXf
  • Top Innovation conferences of 2010 http://bit.ly/9xye6I
  • Free range Innovation http://bit.ly/9Pf0y7
  • Adopt, Adapt, Improve and Innovate http://bit.ly/aKQ2J1
  • The Innovation Paradox http://bit.ly/cWszgf
  • Are you prepared to loose control of your idea? http://bit.ly/dDlFdN
  • How fortune 100 companies are leveraging Social Media http://bit.ly/asHBzU
  • Part 1/3 – Building Systematic Innovation Capability http://bit.ly/cEbpEd
  • 8 Design Tips for Startup’s http://bit.ly/cXZpwO
  • Challenges in Social Entrepreneurship track panelists… http://tweetphoto.com/14088506
  • Should you Startup? http://bit.ly/bvoe0p
  • Can you define Social Innovation? http://bit.ly/bFii8n
  • Inspiring, Young Entrepreneurs http://bit.ly/csnyf9
  • The importance of communication in Open Innovation http://bit.ly/aLx0Vv
  • An exciting new ideation tool for the iPhone http://bit.ly/9DBQRV
  • US looses Innovation crown to Iceland http://bit.ly/cyzPrd
  • Open Innovation Side Effects http://bit.ly/bVHbUe
  • Entrepreneurs and Innovations http://bit.ly/aHgwvL
  • 5 “Must Haves” for a Strategic Plan http://bit.ly/dkIYRo
  • The mad world of Innovation http://bit.ly/beruMg
  • Radical Innovation is a Proposal, not a Product http://bit.ly/cAjcNo
  • Harsh reality of Innovation http://bit.ly/bEV7aU
  • Growing garden of Innovation http://bit.ly/cnX23k
  • Februrary’s top 10 Innovation & Marketing articles http://bit.ly/c7jRPT
  • Microsoft and creative Destruction http://bit.ly/a3PDyD
  • Killing innovation by asking too many questions http://bit.ly/aWzyoX
  • Simple justification for Open Innovation http://bit.ly/atAYVp
  • How Google, Yahoo and Microsoft think of Real-Time search http://bit.ly/cPM5wV
  • The importance of touch on mobile web http://bit.ly/bSWLoj
  • Why B Schools setup Entrepreneurs to Fail? http://bit.ly/arBkCs
  • Why do Business Incubators Fail? http://bit.ly/9qKJ3hWy
  • Meet the 35 Semi-Finalists of Duke Entrepreneur Challenge http://bit.ly/ar5eqO
  • Marketing through Experiences http://bit.ly/d5p9pa
  • How smart Entrepreneurs can shift into the Green Economy http://bit.ly/cuqC7E
  • 8 Essentials for ‘Greening’ the Company Website http://bit.ly/91V1Ps
  • Echoing Green joing Social Entrepreneur API http://bit.ly/cgka30
  • Have you registered for HeadStart 2010 - http://bit.ly/bkh21M #HeadStart
Twitter, Twitter_Updates

Idea Valuation

Apr 11th

Posted by Hari in Entrepreneurship

3 comments

Yesterday (10 April 2010), I had a opportunity to speak at the Start-up Saturday Bangalore on Idea Valuation. I was playing the devil’s advocate role for few of my friends Start-up idea’s and that is how I got interested in Business Model Testing. After speaking to good number of people around me on this topic, I felt I could do something and help people by giving a third eye perspective of their ideas. Accidentally, I ran into a book Will it fly? The Idea Tester by Carla Langhrost. This little piece of work really inspired me. There is someone else in this world who is thinking like me :) Took few key aspects which match with my thought process and put together few slides as a framework for my talk.

Here is the link to my slides Idea Valuation

Idea Valuation
View more presentations from Dazasya.

Ground Rule: All topics of discussion in this talk are practically applicable in your daily life too and just not Entrepreneur Ideas.

I started my talk with the definition of an Idea. What is an Idea?

The transcript, image, or picture of a visible object, that is formed by the mind; also, a similar image of any object whatever, whether sensible or spiritual.

Any idea, if it cannot be visualized in your mind is not worth taking forward. What you visualize need not be precise, but at least a skeleton image is not showing up in your mind, you need to re-think on your Idea. For instance, you are wanting to buy a car, but you have not decided the brand and make yet. However, when you think of buying a car, a skeleton model is up in your mind. The end result might not be exactly what you visualized, but without that skeleton picture, it might be practically impossible to get what you really want.

Components of Idea

Every idea has four basic components – Uniqueness, Meaningful, Acceptance and Future.

  • What is the Uniqueness in your idea? You are doing your job or your are driving the car of your choice only because your organization found some uniqueness in your skill set and you are driving that car because it has few unique features which match you requirement.
  • Meaningful – Your idea has to be meaningful. To dry yourself after a shower, you need not only have a towel, you can use a dryer or stand below a fan.
  • Acceptance – One of the best examples is the “Free Hugs”. Fee Hugs was initially not accepted by many countries, it was even banned in few places due to various reasons, but the persistence of Juan Mann and his visualization of the happiness in one’s heart after the hug is what makes the movement a very successful one.

Testing Parameters

Three basic parameters to test your idea – Idea Preposition, Start-up Preposition and Self Preposition.

Idea Preposition

  • Need – What need are you addressing?
  • Idea – How viable is your idea and how much of the problem can it solve? (Note that not all ideas solve 100% of problems)
  • Uniqueness – How different is your idea from your nearest competitor?
  • Test – Finally, ensure that you give sufficient time for your idea to settle and test the viability of your idea.

If you notice the graph, Uniqueness occupies the biggest pie. During your Idea Preposition days, the more you concentrate on your uniqueness, the more better is your end result.

Start-up Preposition

  • Start-up Cost
  • Profit Margin
  • Breakeven Point
  • Test

While testing your Start-up Preposition, Start-up costs become the most important factor. When you are buying a car, the initial investment you make on your is more important that the maintenance costs. Even if you can afford maintaining (paying service bills) a high-end luxury car, but you are unable to raise funds for the cost of the vehicle, it really does not make any meaning.

Ensuring that your Start-up costs are completely in your control is the one key factor for your idea to become a reality.

Self Preposition

  • Self Analysis
  • Salary
  • Work-life Balance
  • Passion
  • Test

When ever we take up new task, we always tend not to look at the viability of implementing it. When you are having a 12 hour work-day everyday, it really does not make sense to start another new task taking more time away from your resting time. This results in failure than success even if the idea is one of the best. Work-life Balance is the key is Self Preposition. Ensuring enough time for rest will help in thoughts settling which ensures better results.

Business Model Test Approach

Traditionally, there are two well accepted ways of testing your idea – Data Driven and Model Based.

  • When you are starting something new, it is the Data Driven Model which you would choose. You need to do your ground work really well to ensure you have the right ingredients in place for building your Start-up. “Data” is the only answer and it will substantiate your idea to make it practical and implementable.
  • When you are starting something similar to an existing business (Ex. Software Services or a Retail Chain or a Restaurant Chain), you may test your idea comparing with various business models in the space. Already businesses are existing and you are starting something similar. There is no harm in understanding, valuating and identifying gaps in your competitors business model to ensure you incorporate them in your business model.

Each of the above can be practically applied to any component of your Business Plan and Remember to TEST your Plan thoroughly before beginning your journey, because – In God we Trust and Everything Else we Test!

 

Here are the Video’s of my talk…

Idea Valuation – Part 1

 

 

Idea Valuation – Part 2

Idea Valuation – Part 3


Idea Valuation – Part 4


I thank Viswa for all his efforts in creating this video.

idea_tester, idea_valuation, startup_saturday
12345»10...Last »
  • All about Me!

    • DailyMile Profile
    • Dazasya – My STARTUP
    • Facebook Profile
    • Follow me on Twitter….
    • Interesting links on Del.icio.us
    • LIVE FEED
    • My Stories
    • MySpace Profile
    • Orkut Profile
    • Photos on Flickr
    • Photos on JPGMag
    • Professional Profile
    • Recommended Readings
    • Shelfari Profile
    • Writings & Presentations
  • Associations

    • 1M/1M
    • BarCamp Bangalore
    • HeadStart Network Foundation
    • HealthCare Services Specification Project (HSSP)
    • Indian Testing Board – ITB
    • Open Web Application Security Project – OWASP
    • Startup Weekend Hyderabad
  • Recent Posts

    • Startup Weekend
    • Choosing to Cruze
    • What Book has changed your Life?
    • HealthCare Infrastructure in India
    • Innovation Perspectives
  • Follow this blog
  • Blogroll - Hobbies

    • Bangalore Photography CLub
    • DSLR Camera Guide
    • DSLR Lens Buying Guide
    • Entrepreneur Magazine
    • Photography Tips, Tricks and Camera Reviews
    • Thomas Hawk's Digital Connection
  • Blogroll - Innovation

    • Andrew Hargadon
    • Blogging Innovation
    • Business Model Innovation
    • Guerrilla Innovation
    • Harga-Blog
    • HBR on Innovation
    • Innovation from BusinessWeek
    • Innovation Labs
    • Innovation Tools
    • Taylor Davidson
    • The Heart of Innovation
    • The Medici Effect
    • The Medici Effect
  • Blogroll - Social Entrepreneurship

    • AidWatch
    • Allison's Blog
    • Audeamus
    • Beanbags and Bullsh!t
    • Beneblog
    • Beyond Profit Magazine
    • BOPreneur
    • Bricks and Mortar
    • Bubb's Blog
    • Center for Financial Inclusion
    • Center for Global Development
    • Cleantech Blog
    • ClearlySo
    • CSRWire
    • Dani Rodrik's Weblog
    • Echoing Green
    • Ecological Economics
    • Ecopreneurist
    • Environmental Leader
    • Global Envision
    • Global Footprint Network
    • Global Voices
    • Green Bang
    • Green Upgrader
    • Greenbiz
    • Gristmill
    • Have fun, do Good
    • How to Change the World
    • Made to Stick
    • Marc Gunther
    • Marketing Green
    • Maximizing Progress
    • Microfinance Insights
    • NextBillion
    • Non Profit Local
    • Paul Graham
    • Philanthropy 2173
    • Seth Godin's Blog
    • Social Catalyst
    • Social Earth
    • Social Edge
    • Social Enterprise Ambassadors
    • Social Entrepreneurship at Change.org
    • Social ROI
    • Socializing
    • Spare Change
    • The Naked Entrepreneur
    • The Social Business
    • Think Change India
    • Tree Hugger
    • Triple Pundit
    • Truck and Barter
    • World Changing
    • World is Green
    • XIGI
  • Blogroll - Software Testing

    • Anuj Magazine
    • Pradeep Soundarrarajan
    • Weekend Testing
  • Archives

  • Pedometer

  • Running / Workout’s

  • Tag Cloud

    ACM Amazon Kindle Amul AppZapper Ashoka Ashoka Fellows in India Bangalore BarCampBangalore BCB6 Blogaloreans blogathonindia blogathonindia1 Blogging client for Symbian Book reader in India Book Review BoP Business Model Innovation Camera Equipment Compute Computer Cooperative Movement Cooperatives Creative Zen Creativity eBook Reader Entrepreneurship Government HeadStart IdeaForward Innovation Innovation Series iPod KickStart Live Blogging OOCBangalore Personal Photography Scorpio Drives Scorpio Maintenance socent Social Entrepreneurship Social_media SocietyForward Twitter Twitter_Updates
  • Subscription Options

    Subscribe to Harinath Pudipeddi

     Subscribe in a reader

    Add to Google Reader or Homepage

    Subscribe in NewsGator Online

  • Brighter Planet's 350 Challenge
Mystique theme by digitalnature | Powered by WordPress
RSS Feeds XHTML 1.1 Top