June 2010


Today I came across this “new” site for management innovation exchange where leaders, managers and commoners like me read & contribute ideas.. It’s like a social media site where managers chill and enlighten (or get enlightened) “virtually”. The vision they have goes something like this …“an open innovation project aimed at reinventing management for the 21st century. The premise: while “modern” management is one of humankind’s most important inventions, it is now a mature technology that must be reinvented for a new age.

What struck me was an interesting article by Vineet Nayar, CEO, HCL Technologies (his interview is featured in The New York Times). Now, how many CEO’s would admit to the World (I’m not saying everybody in this planet reads NY times here), “I am not the smartest or brightest leader… but my job is to ensure that everyone is enabled to do what they do best“.

Spying on his teenage kids… he realized that this is the age of Facebook where people do stuff and share pretty much everything online… so why not apply that to managing a company. This resulted in his staff doing presentations online and receiving 360-degree feedback open to 50,000 employees !! Him asking for solutions to all his employees in his blog…

This is the age of collaboration where companies and customers collaborate, interact and create value…  Some of the most successful companies have been doing it for a while… like Starbucks, Dell ….many more. Whether we like it or not pretty much all employees in any organization are active online these days (and some during office hours too) so why not use their online presence creatively & constructively for the benefit of the organization ?

Here is a piece by Digiredo on how to make Web2.0 work in corporations.

Speaking of which I should ask my boss to blog and lead us ‘virtually’… definitely not like this…

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I am a newbie investor, don’t ask me about my portfolio yet 😉 (will reveal those when they are profitable and proven). During the course of my online journey traversing various blogs on making money, investing and finance. I found this interesting article on  “Top 7 Bull Points For Gold” .

our prediction that gold would hit $1500 an ounce by the end of 2010 . . . and that prices of $2000 and even $3000 were likely in the next few years.”

This article highlights some of the key points that I have learnt over the years based on discussions with many people in the industry.

Tweet Summary of the Post – IF u r thinking of long-term investments… GOLD is definitely one of the TOP 3 options.