Honda -- the country's second largest two-wheeler manufacturer -- will wait for India’s ambitious electric mobility infrastructure to come up before launching any battery-operated vehicles in the country, a top company official said.The decision comes even as Honda’s rivals Bajaj Auto, TVS Motor Company and Suzuki are in advanced stages of commercially launching electric two-wheelers in India.“As an electric vehicle model we have it within Honda, but we need infrastructure to make it possible. We have to talk to the government to prepare for electric mobility. Even in Japan we are still talking to the government. We are preparing for electrification but we need infrastructure”, Noriaki Abe, Chief Officer, Honda Motor Company, said on the sidelines of EICMA.Close In its global portfolio, Honda has the PCX electric scooter with swappable battery technology that it sells in Europe and Japan. The company had showcased a concept based on this at the 2018 Auto Expo. … [Read more...] about Honda in wait & watch mode even as rivals rev up their EV plans
Leadership lesson plans
Successful traders are like race drivers. They know how to manoeuvre their way at high speeds. What makes them different is that they know what lies under the hood of the vehicle they are driving and how to correct it if there is a breakdown.The charts and indicators that they use are well-researched to the point where they become second nature and muscle memory. They do not need to think before they react; the reaction comes automatically.If you are a scalper who holds a position for a few seconds to a maximum of a few minutes, your reaction has to be automatic. There is no time to think, all the thinking has to be before and after market hours.Close Sivakumar Jayachandran (@justsiva123) trades on the high-speed race track. A scalper 90 percent of whose trades are held for less than two minutes, Siva as he is called by fellow traders was another trader who proved his mettle at the this year’s Investor Carnival held in Goa. Trading on expiry day along with veteran traders, … [Read more...] about Sivakumar Jayachandran: Journey of a BPO employee to a star trader
The age of judging companies only on their longevity is now past. Great companies solve problem that matter. advertisement advertisement Since the 1950s we have been judging companies by their longevity. We fret over how long they stay on the Fortune 500 list, maintain a leadership position, or survive “disruptions.” But does longevity even matter anymore? Isn’t longevity just a bi-product of something more important? I think that great companies are those that dedicate themselves to a problem that matters. When they solve the problem, they exit the stage triumphant. And companies that survive, do so because the problem they exist to solve (their purpose or mission) is so big that there is still work to do. Longevity is not a goal in itself; it is a bi-product of taking on a big problem. Purina, for example, exists to “connect pets with people.” Google exists to “organize the world’s information.” When will such missions be … [Read more...] about Great Companies Solve Problems That Matter
advertisement advertisement The year 2012 is not only the Year of the Dragon, it also marks 30 years since In Search of Excellence was published. While there have been voices over the years which have been critical of the book’s methodology, its resulting content, and even its writing style, the case can be made that it is the most influential management book not only in these last 30 years but perhaps–just perhaps–ever. Hyperbole? Consider: It created a new genre of “best seller” business books, works that were not only informative but interesting and highly readable for Everyman. With a few exceptions, such as McGregor, Chandler, Sloan, maybe Drucker, many (most?) prior books on management/leadership were arcane tomes written by academics for academics and practitioners and were rarely found on any popular “best seller” list. Now “business” is considered a book category in itself thanks in no small part to … [Read more...] about The Most Influential Business Book Of The Last 30 Years?
advertisement advertisement When Walmart bought up a tiny Silicon Valley startup called Kosmix in April last year, it left a lot of tech watchers scratching their heads. About nine months on, the little company’s role within the mega retailer is coming into focus. Kosmix–now called WalmartLabs–is leading mobile and social research and development at Walmart, with the goal of pushing the company forward in mobile and online retail. And increasingly, it looks like Kosmix will play a key role in the retail behemoth’s international efforts. For Venky Harinarayan and Anand Rajaraman, the company’s two cofounders, Walmart’s purchase of Kosmix was their second startup deal. They’d sold their first company, Junglee, to that other massive retailer, Amazon. Kosmix became WalmartLabs and Harinarayan and Rajaraman joined Walmart as heads of mobile and online retail. The key, it seems, is that Walmart is giving the tiny crew the space to create and … [Read more...] about WalmartLabs Brings The “Two Pizza Team” Startup Culture To Walmart Empire