Tag: musing

Car Customization

Prasad AjinkyaLeave a comment

In India, the moment you say the words car customization, the name Deepak Chhabria automatically crops up. DC used to be the pioneer of car tuning and modding in India. Back then, changing the looks of your car was not considered as the “in thing”, and people almost always made do with the factory settings.

With the successful launch of the Need for Speed series, the Indian market has slowly warmed to the idea that even cars can be customized and do not have to be kept in their pristine form in which they had been shipped from the factory.

Yes, we have finally started tearing away that smelly plastic from the upholstery and consider sticking on cute little dog stickers on our bumpers as well!!

The really elite ones do the smart thing and get a better looking car from abroad, and then go ahead and get customizations which are worth that car! In the digital era, almost everything that you purchase has a little CPU of it’s own … yes, even the fridge knows when to milk goes bad! Then it comes hardly a surprise that most cars are also smart cars. And smart cars require smarter customizations and mods.

This is where brabus comes into picture. Brabus is a German company which absolutely rocks the customization scene. Especially if you own a Mercedes. In fact, in the past the BBC has covered the brabus in their automobile show, Top Gear. An excerpt from one of their episodes,

It’s unlikely, but should you find the standard Mercedes SL600 wanting in the power department, mentalist German tuning firm Brabus may have the answer. By throwing away most of the standard Merc’s motor, adding new turbochargers and fiddling with the many onboard computers, it’s created the most powerful convertible car ever.

Now, why would I recommend that you definitely get this for your Mercedes? Well, if you can afford to get a custom made car through customs, then it has to be either a Mercedes, a Ferrari or better yet, a Maybach. Interestingly enough, Brabus do tuning for all these brands. So the next time you are thinking of car tuning, don’t say DC … say Brabus :)

Co-operation in Capitalism

Prasad Ajinkya2 Comments

If I have ever met you in person (or if you have frequented this blog for some time now) then you would know that I often extoll the virtues of the selfishness citing Ms. Rand and her essays on Capitalism.

In fact I at one time have had a heart to heart conversation with the founder of an organization whose heart is based on contribution and co-operation, stating that the philosophy behind Capitalism is different from a contribution oriented nature. It’s a muddle anyways, in fact the more you think about it, the harder it gets to really identify between the dark and light. There are ample examples where co-operation has been utilized for filling the coffers of different capitalists.

As a point to prove his case, this founder asked me to read a book … the Evolution of Co-operation. If you think game theory is fun, then you should definitely read this book! It’s highly recommended. I did read through the book, but I think it has taken me a bit long to fully understand it … just around 2 years or so!

Today, as I was reading a blog article on a news article based on that very book, a blog article by CFA Institute, I realized what the founder meant to say. That Co-operation can exist within a capitalistic system. The problem with most systems (and this is possibly the places which Ms. Rand glosses over) is that they have a tendency to go corrupt, to go weak. Socialism and Communism suffer from it and this was faced by Ayn Rand all through out her life.

But the solution to that problem is not Capitalism (as suggested by Ms. Rand), a corrupt Capitalistic system is worse if not the same as a corrupt Communist system.

However, that’s not the point of this post, the point is simple. That competition can occur only if there are implicit co-operative signals within the market. Signals such as agglomeration wherein competitors flock together at the same place such as an expo, exhibition or a khau galli to sell their goods.

Another personal lesson learnt – ideals are just that … ideal. In real life, you have to deal with corrupted ideals.

Nothing special

Prasad AjinkyaLeave a comment

I wanted to make this a special post. It’s my 400th one on the blog.

However, 2 busy weeks and a sad case of writer’s block later, I decided to let myself go … where I get the inspiration, but cannot put pen to paper.

Nothing is special. It’s a post, there.

On the other hand, it does not have to be something unique or worldly … it does not have to be an insight. The mere number should make me happy … on to # 500 then!

Although if mere number of posts are going to satisfy my ego, then perhaps I should look at integration some sort of an RSS to my RPC. That never was the point, was it.

Best gift you can give your children: Education

Prasad Ajinkya11 Comments
Reading as a practice

I met two brothers the other day, one of them was an auto-driver, his family lives in a chawl in Mumbai, his children also stay in the same area with pretty much no educational qualifications and with a similar future as to their fathers. One of his daughters has been married to a chap in their locality, and has a son. I am not saying they have a bleak future, or anything at this point. Just read on.

The other brother, finished his B. Com and got into a PSU organization, he worked hard in this organization for more than 30 years. Now he is a top executive and owns a bungalow in Pune, and a house in Mumbai. He ensured that his son got decent schooling. Now his son is a management consultant earning a top-notch salary.

The mannerisms and the income levels of both the families are vastly disparate. Like the Hindi saying Zameen aur Aasmaan.

With both of the brothers starting off at the same point, the only differentiating factor that I can ascertain for certain is this –

Education

As future parents, that’s the best gift you can give your children.

Batch of 2005

Prasad AjinkyaLeave a comment
IIM Indore

The world of business talks fondly of the batch of 1989 from the Indian Institute of Management Ahmedabad. This is due to the fact that a lot of participants in this class turned towards entrepreneurship and launched successful ventures of their own. The likes of Sanjeev Bhikchandani of Naukri.com, Rashesh Shah of Edelweiss Capital and many more.

Yesterday I was talking to some of my seniors, and suddenly there has been a tipping point in almost 30% of their careers. These 30% have left their well paying cushy jobs and started on the road to entrepreneurship. Some of them have already made a name for themselves, some of them are in the making.

I wish them all the best and hope that the batch of 2005, IIM-I is someday as famous (if not more) as the batch of 1989, IIM-A!

Concrete Ant-hills

Prasad Ajinkya3 Comments

Yes, you read that correctly. Today when I was coming to office, this thought struck me. Aren’t we all nowadays working in some commercial complex or the other?

Huge concrete towers where multiple corporates have their offices, and people moving in small “colleague huddles” from one place to the other? This is especially true in the cases of SMEs (small and medium enterprises), since they do not have enough capital to invest into a full blown facilities of their own.

So walk into any commercial complex and you will find hundreds of such firms humming with activity. With all the employees going about their day-to-day work … 10am tea break, 1pm lunch break, 5pm tea break … and so on. Aren’t these employees akin to worker ants then?

This tea break thing is a fascinating concept. I wonder if top managers know that tea breaks are the places where dissent is majorly expressed. They are the right places to tap into the corporate grapevine. An ex-colleague of mine used to do this by walking into offices incognito (since he was the CEO of the firm) and sitting inconspicuously in the canteen. Sooner or later some employees would come gossiping by and he would get his insight into the workings of that branch.

Hmmm … I wonder when this mode of working will evolve into a more individualistic nature?

Social Entrepreneurship – How is it any different?

Prasad Ajinkya4 Comments

I really do not see how is it any different from any other enterprise? I looked up the wiki page for Social Entrepreneurship, here’s what it says –

Social entrepreneurship is the work of a social entrepreneur. A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change (a social venture). Whereas a business entrepreneur  typically measures performance in profit and return, a social entrepreneur focuses on creating social capital. Thus, the main aim of social entrepreneurship is to further social and environmental goals. However, whilst social entrepreneurs are most commonly associated with the voluntary and not-for-profit sectors, this need not necessarily be incompatible with making a profit.

How in the world is this any different from what a good business does? It recognizes a social problem (read loosely as a problem that the society in general faces), and it solves the problem. For any enterprise, over a period of time there will be performance metrics – profit and return merely build sustainability. These would be needed by the social entrepreneur as well. So what makes it any different? Social capital is also created by enterprises. If you go through any of the annual reports that a firm publishes, they have this term – Goodwill.

If good will is not social capital, then what is? I think social entrepreneurship is just a term invented by hacks to make themselves feel good. Or maybe its just a marketing gimmick for generating funds.

PS – Before you hit the comment button to rant, do not misread me. All I am saying is that any good business is as good as any “social entrepreneurship”, then why make the difference? Is social entrepreneurship the new green?