-
Piyush Ranjan Prusti and
Abhirup are now friends
-
Piyush Ranjan Prusti joined the group
NIT Jaipur fanatics
-
Working in intercultural group around the globe is the next challenge which will be faced by inspiring global managers and bschools need to take initiatives for that.
-
Abhirup and
richa garg are now friends
-
Vinay Mucharla and
Karthikeyan NB are now friends
-
Abhirup and
Juili Ballal are now friends
-
Binu Thomas changed their profile picture
-
Vinay Mucharla and
Kumar Mayank are now friends
-
Binu Thomas wrote a new post
“Innovate or perish” goes the old adage. Every business has to follow this or face extinction. This is more prevalent to firms fighting it out in the technology landscape – be it Information Technology, smartphone
5 Comments-
-
-
“It’s more difficult to maintain a leadership position than simply to attain that position”- a superb article once again..new and revealing insights for the reader 🙂
-
-
Shatakshi Tripathi wrote a new post
I am not very sure about the percentage of readers who know about the Buridan’s Ass concept. Let me assume that the ratio of knowing it is 50-50. Now since 50% know about it already, I should not write an article a
7 Comments-
-
Great!
Innovating is the way to survive. But it is quite impossible to keep innovating always…there are limitations in terms of resources, feasibility and scope. I believe, along with innovation , a company should focus on creating a strategy that would allow it to maintain its point of disparity(POD) and make it inimitable at the same time.. one of the ways to do that is to achieve POD by differentiating ‘across’ activities. For example, POD by offering low cost will not survive long, it will lead to a price war. However, if the company offers a low price based on low cost solution (like Walmart, which initially lowered its cost by opening stores in non-urban areas, hence cheaper rents; reduced material cost by buying its own warehouses and pick up trucks, which in turn allowed it to gain bargaining power with vendors; reducing employee cost by automating check out processes and automatic ordering). A competitor can copy some of them, but not all of them. This difference would allow a sustainable growth. 🙂-
I guess I should have worked more on explaining the idea of innovation. Innovation is not restricted to technology only; it is about every thing that relates to any thing of your product. Though I personally feel that playing a price game is the worst of a business strategy. There are always options that we need to look upon. Of-course Walmart was one of a kind but in general market situations as far as my analysis goes, companies usually do not indulge into a price war. The indulge in a variation of what you wrote in the last line. 🙂
-
-
- Load More Posts
Latest Articles

The Davids that fell…
- June 16, 2015

Deepika Padukone – “My Choice”- An Advertisement
- March 31, 2015

15 Awesome Ads that you must see
- March 29, 2015
Groups
MBA Readers Group
Private Group
Group Discussion Preparation Group
Private Group
Mission CAT 2015
Private Group
Friends
Riddhima Kartik
@riddhima_kartik
Jenish Kamdar
@jenish-kamdar
FORE School
@ravithakur89
Faraz Khan
@farazkhan
Rathod Dharamsing
@rathoddharamsing-niam14gmail-com
Media
Photos
Files
Sorry, no items found.



























Superb one Binu. In my view Samsung’s days are over and the vaccuum will be filled by Xiaomi