On 85th birthday

On 85^th birthday I would like people to say the following about me,

He lead a simple and healthy life and was always enthusiastic to learn. He was God fearing and respected everyone.

Throughout his life he was very committed and loyal person. Whatever he did he was determined .  He always tried to help and was not selfish in sharing. He never harmed or cheated anyone intentionally .

Business Strategy game

My Learning from Strategy game played for Shoe factory, 5 Mid-day sessions.

• ·         Demand is very unpredictable, the forecast must be done considering many factors.
• ·         Increase number of shops by seeing the demand.
• ·         Brand image is very important to create awareness of your product to the consumers, Brand endorsements helps in marketing.
• ·         Superior value of your product should be monitored and maintained with respect to the industry, Don’t change your vision and product line. 

• ·         Sufficient liquidity is critical for the smooth functioning of the company so that the company can focus itself more on sales. It helps maintain bond rating.
• ·         Pricing strategy should be based on each individual market e.g. Customers in Europe are willing to pay higher than US and Asia market. 

• ·         It’s better to raise cash from external sources (debt and equity) rather than operating with minimum cash.
• ·         It’s better to hold some levels of inventory rather than face stock outs which has a tremendous implication on the sales. As it reduces image rating bad time.
• ·         It’s better to invest in productivity improvements (automation) to reduce on the costs on the long run.
• ·         Labor compensation should be little above the geographic regional average to ensure high productivity and less quality issues.
• ·         Rebates help in increasing sales.

Scott Adam quote

Scott Adam quoted 'The world has plenty of better accountants, smarter strategist,  accurate statistician and more experienced finance people. The rare part is that each of those modest skills is collected in one person. That's how value is created.'

Mozilla Firefox 4 Launch in manila

prof  Richard cruz opened the seminar by a good speech.

Trends & Challenges in International Peacebuilding

 by Professor Christine Bell

Associate Director, Transitional Justice Institute

Professor of Public International Law, University of Ulster

               

We are the Champions