Leaving aside the debate on vegetarians vs. non-vegetarians, a sumptuous meal usually has chicken as one of the ingredients. But we seldom pay attention to the mechanics behind producing that chicken (broiler chicken as it is popularly called). The broiler production flow starts from the receipt of imported Grand Parent (GP) chicks at Grand Parent Farms. The life cycle...

Adam Smith, the father of modern economics, distinguished between “value in use” and “value in exchange” – in his own words: “The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one...

The number one barrier which is holding most people back from achieving their company’s or even their own full potential is their inability to make decisions. Decision making is not only a science but also an art which must be practiced and improvised continuously. Here are the seven commandments that would help in nurturing good decision making ability… Good...

Following is a guest post by Satej Salvi The much expected Uniform Code for Pharma Marketing Practices (UCPMP) was finally released by the Department of Pharmaceuticals (DoP) on June 2nd, 2011. It curbs any kind of gifts to doctors, restricts hospitality and meetings, prescribes guidelines around promotional material including drug samples and expects detailed accounting...

If you are spending 2 minutes waiting for something to happen while at office or on business, how much do you think are you loosing? If you are on an interrupting phone call for about 2 minutes, how much do you think you would have saved by avoiding that call? How much does your one minute costs to your organization or business? Knowing the cost of your time helps you...

Indian Telecom is the fastest growing industry next only to the IT industry. Investment in the Indian telecom sector is forecasted to peak at $40 billion during the current fiscal as the country presses on to build a network of one billion mobile phones over the next two years, the Telecom Equipment and Services Export Promotion Council has said. Much of these positive...

Its 8 pm, you are on your way home after a hectic day at office. You are anxiously waiting for the bus to show up, so that you do not miss that crucial world cup match. Chances are – either the bus is overly packed with commuters and you wait your turn for the next one, or the buses are not on time for the umpteenth time. In either case you have no choice but to...

Last week I came across one article in a newspaper – Economic Times – Corporate Dossier. It was about loyal and skilled employees. Who do you prefer? Frankly, I don’t think these are really related. And therefore, there is no real point to compare or choose one of the two. Basically, I believe, these are two mutually exclusive traits such that – loyal person need...

“A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Business plans are decision-making tools. There is no fixed content for a business plan. Rather the content...

The smartphones has been the fastest growing category within the mobile phone space for the last couple of years. In 2009, a total of 172 million smartphones were sold which was a growth of 24% over 2008 (source: Gartner) whereas the mobile phone category was more or less flat in 2009 in the backdrop of severe recession. Analysts expect over 240 million Smartphones to...