Monday, March 31, 2008

Do techies get preferential treatment?

Yesterday myself and Hemisha caught up with Sunil Purushe – the big man from Rediff for dinner at Rice boat – a nice keralite food restaurant. The conversation at the end of the day went to an interesting topic – in short, my wife and Sunil felt that today techies get away with lots of things – casual dressing, reporting late and in general eccentric behavior which the rest of the working class are not allowed to do. They felt that organizations should enforce some sort of organizational discipline and there should be some norms for how people should go to work – e.g. people should not have long hair, be disheveled, wear t-shirts to work etc. etc. They felt that by giving preferential treatment to a section of people – companies were being very unfair and that is leading to techies feeling that they can get away with concessions in all areas.

I personally am very confused about this issue. We are in a day and age when organizations need the best people. A good programmer can do in a day what 20 mediocre programmers will not be able to do even after 5 days. These guys have high expectations and certain privileges have become industry norms. How are we as an organization going to attract and retain these people while maintaining a balance with the rest of the staff – sales, biz dev, accounting etc.

It would be interesting to hear the views of other people here. Anyone out there?

Saturday, March 29, 2008

Insight from 37000 feet

I've written earlier about what I like in business ideas.

"I feel by virtue of being in senior management positions at another company that was a market leader, the founders firstly have perspective into a problem that comes from being at the center of the vortex and secondly they come in with a rolodex of contacts and an understanding of industry processes that will just help them get their new business off the ground faster."

The link here is a good example of that insight being crystallized by a company and then shared with the rest of the world. I love the fact that it comes from a company I have grown to adore and respect. Everyone will enjoy reading this. I think this is a good example of the insight that people get by being market leaders and being able to watch a large number of transactions or customer behaviors when you are the market leader. I'll probably write another post on this later. Enjoy the weekend!!

If not debt, then equity?

Given that my last post discourages entrepreneurs from raising debt apart from a few specific cases namely:- 1. Very high ROCE low risk bus...