Skip to content

Proto04 Day1- The game of Business

July 18, 2008

Speaker 1 – Murugavel JanaKiram, Founder and CEO of BharatMatrimony.com

what – Building services for India. The Art of pricing

Journey of Bharatmatrimony, how it evolved from small user base to the leader in its domain. He provided insights on survival and growth strategies in today’s competitive world.

Speaker 2Bhavin Turakhia, Directi

Before i go ahead let me add that his presentation was oozing with passion and unique ideas … excuse me if I could not capture the passion and energy in words … you got to be there to feel it. So he talked about Game of Business

The game of business

Success factors that helped –

simplicity is the ultimate sophistication – Da vinci

some of the simplest principles for success of org

oft asked question – what is the success mantra of your company? Answers vary from so many right variables (money, marketing ,team, efficiency etc )

Bhavin’s Gyaan

Business is like a game …. two most important ingredients for success of business

1. Right players
2. Enable team to take right decisions most of the time

point no 2 – you have the right team now how do you create right ecosystem to enable individuals the right decisions! 7 principles

1. All members must know how to play the game – obvious but do you follow this in ur org?

you don’t have to control your complete your team all the time. you dont make team who can take decisions but you create team that do tasks based on instructions given … this not gonna work …. do you want to play fooseball or the soccer…

[Recommends Two books – Maverick and how to play the game (that is if i could capture second name right) ]

what is it to teach play the game? … every player needs to know every aspect of the game. how many companies teach every member how to read balance sheets?
When all employees understand the dynamics of business, everyone can feel, think and act like managers … there is no management and employees — There is one TEAM
2. All the players are aware of the final objective – win the season? Play for the nationals? Compete in the worldcup?

3. Each season is broken into multiple games, each independent from the other – small immediate games (goals) that takes you close to your bigger goal
4. The score is always visible on a public scorecard – (Bhavin’s fav)
Think of game where nobody is maintaining score, there would not be any passion motivation …. [oh it really seems to be his favorite point …. which is evident from his voice.. going up and up and up in energy ]

5. Each player can link their actions to the outcome of the game — where do i fit in the game.

6. Victory party!! Need i say more about the importance of parties 🙂 if you win the current game celebrate
7. To the victor(s) belong the spoils –

He gave interesting example of giving love concept at Linden labs. Details about the same

1. corporate affairs and culture at Linden Labs

2. Love Machine at Linden Labs

To sum it up

1. Teach the game 2. share the vision 3. set near term targets 4.keep score 5. line of sight 6. celebrate victories 7. Align to everyone’s success

Conversation


Q value of formal training to start up a business

A. As for my for my formal training, I
– dropped out of science
– got a Bcom degree, Thus
– no formal tech exp
– all stuff is taken from people and books
– formal training is not required
– ingredient is passion

can your people say that they belong to your company?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  • Tweet Tweet

  • Poke the Tag

    2008-2009 A thousand splendid suns Australia avanoo avanoo foundation blog blogger blogs books Brand Recall browser business. collaboration college comments creative me creativity Davos dreams facebook Fraud fun gifts google google chrome gyaan hands on Happy new year ideas Indian Railways innovation inspiration Insurance intro IT leadership life love magic marketing monster nature network nostalgic opinions passion pearls personal pixie plastic waste ponder proto08 proto4 proto Day1 proto day2 Proto July question questions quotes Raju Satyam Satyam Fraud 2009 she shouts social media squidoo sydney Sydney Harbour Bridge TED Thoughts Vimlendu web2.0 web3.0 weird wordpress world Economic forum
  • Choose your topic

  • Yo’re Reading this

  • you said it

    Tears? - FlyNava Blo… on Movie that made me cry
    So, what’s sto… on Let It Flow
    Ready to embrace it?… on Are you *IN LOVE*?
    reevesbarron28241 on What, Why and How of Social…
    Try this website on Private RSS feeds – Any…
  • Piling up

  • You were here

  • Admin

  • %d bloggers like this: