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Strategy

Other than the daily grind of operational activities and managing them a manager's job is to strategize. Well should say its everyone job to strategize to upset the competition.

But what exactly is Strategy???. Was drawn to question a long long time back and the Harvard Business Review classic from Micheal Porter resolved this one

A highly recommended read for everyone

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Interesting idea to make bribe's legal by Kaushik Basu.. Some titbits "An Indian website, ipaidabribe.com, set up last summer by anti-corruption activists, reveals just how grasping officials can be. It has documented over 8,500 instances of bribery adding up to nearly 375m rupees ($8.4m) in backhanders. These include 100 rupees to get a policeman to register a complaint about a stolen mobile phone and 500 rupees for a clerk to hand over a marriage certificate. The amounts are much larger to facilitate income-tax refunds, where the standard “charge” is 10%; sums between 5,000 and 50,000 rupees change hands" " The category of payments he would like to legalise are “harassment bribes”, made by a person to get things to which he is legally entitled. In such cases, Mr Basu argues, the giver should be granted immunity from prosecution and a proven complaint should result not only in punishment for the corrupt official but also in a “refund” for the bribe-giver. These step...