Posts

First Mover Advantage?

Being The First Writing in 90 s, Al Ries and Jack Trout made the Law of the First their first law in the celebrated 22 Immutable Laws of Marketing . The proposition simply was - It is better to be FIRST than to be BETTER! Citing a rage of examples from Yuri Gagarin, Charles Lindbergh, IBM and Harvard, their point was that customers always remember the first, and the second person/ brand doing the same, even if they did it better, is usually forgotten. Presented as a Law, this may not really stand up to any scrutiny. IBM was never really the first, as were not a host of brands that came to dominate the market. In fact, Ries and Trout themselves added all those qualifications in their later laws - like, it is not First in the market but first in the mind! To be fair, what they were trying to do is not create new laws based on evidence, but rather presenting the generally accepted marketing wisdom and marshaling the evidence to support it. But, it held - and we got obsessed wi...

How To Think About Kolkata

There is a Kolkata protocol. As any outsider reaches the new shiny Netaji Subhas Chandra Bose International Airport and steps outside the glass doors, and looks into the waiting and loitering multitude just outside the gate, along with a few indifferent guards, a few skinny and bespectacled men trying to look officious with identity cards hanging around their necks, the noise, the sunlight and the general atmosphere of hustle reaches her - she remembers the name: Mother Teresa! As the first act of politeness - as well as of sounding world-aware - she would usually ask those waiting to receive her about Mother Teresa. And, then, the other party would usually start talking about Kolkata's great cultural heritage, its assortment of four or five Nobel Laureates, including an implausible Ronald Ross, who did part of his research in Kolkata (and therefore, has a street named after him), and an apparently disingenuous claim on Amartya Sen, who went to college in the City but have found ...

Higher Education: 'Unbundle' or Not?

There is some sort of consensus that Higher Education needs to change, but the shape of it is hotly contested. One key idea that has got some traction is that some sort of unbundling is both inevitable and desirable. This model of 3- or 4-year Undergraduate degrees, focused on one or few disciplines, is too costly and too closed for our time. Unbundling, which rests on recognition of various ways of earning college credit, through various channels and activities, would reduce the costs and allow the students flexibility in terms of time and location to complete their degrees. All sorts of experimentation has followed: From the launch of college credit bearing (as well as non-credit) MOOCs to variation of the structure of college degrees, including shortening of the time required, have got under way.  But, it has also gone the other way, as Chris Mayer argued (see the article here ). The Higher Education community in general, accepting that a transformation is necessary, is ar...

Waiting For Trump

Everyone has an opinion about Trump. Which is okay, because he has an opinion about everyone. So, though I do not get to vote in the American Presidential election, I shall add my two bits! Right now, after South Carolina, the path to a Trump-Clinton match-up looks clearer than it ever was. All the predictable candidates of the Republican field, save Marco Rubio, have started dropping off, and soon, Trump would achieve what seemed completely unachievable even a few weeks ago - sound the most sensible among the group! His economics may eventually sound better than Kasich, his xenophobia more moderate than Cruz, and his common sense more than, well if he had it at all, Carson's. Oh, Rubio! Though he is still going strong, he may indeed be too smooth, too official, to go all the way in a year like this.  Now, if Trump faces Clinton, it will be easy to see it as an ultimate Insider versus Outsider race. There is no one more on the inside than Clinton, she even lived in the Wh...

What Makes Creative Places?

Creativity was perhaps never been more glorified. We have appreciated art, music and literature, enjoyed the fruits of scientific research and technical invention, indeed, but never before we have considered Creativity as the sole source of progress as well as redemption. Governments never wilfully proclaimed the goals of building creative economies, city planners never before had an explicit mandate for creative cities, and here is the clinchers, accountants never concerned themselves with creative output. Creativity, seen in context, is a modern religion, a source of collective well-being when all other prospects have failed. Accordingly, there is a stampede for making creative places. Start-ups have taken the place once Public Corporations had in public imagination - the mainstay of a middle class economy! Governments now divest in public sector, they are so last century, and proclaim policies to encourage start-up making. Economists write about idea economy and collective IQ....

Internationalisation of Higher Education and Open Business Models

I have been working on Internationalisation of Higher and Professional Education for over a decade now, mostly at the business ends of things and exploring strategic opportunities. Therefore, I find myself often in conversations about how to internationalise educational offerings, often involving developed country institutions trying to tap into demographic booms in emerging markets, and sometimes, emerging market institutions reaching out the other way.  Most of this conversation, as I see it, is opportunistic. The list of failed attempts is long, which, not incidentally, include my own two years of developing a business to deliver British qualifications online in partnership with colleges in India and China. So, my current wisdom is not just theoretical - it has all the practicalities of someone who burnt himself in the process!  This makes me reluctant, often to the surprise of willing collaborators or investors who would see me try again, to engage again in cross...

Varieties Of Online Learning

Ask anyone what 'Online Learning' means and you know why they think it is a poor alternative of the classroom learning, the real thing. 'Online Learning' is mostly reading texts and watching video online, and that dreaded 'forum', which is about talking to each other but 'not for me'. This picture is consistent, as even the proponents of Online Learning would often concede that those who can afford college, should go to college. But, while the advocates of Online Learning may make its case based on affordability, its costs at the point of delivery is insufficiently understood: The learner has to find appropriate device (or devices), data plans, quiet spaces and required self-discipline. If the popular 'Total Cost of Ownership' estimation was ever applied, Online Learning is not a cheap alternative.  Despite this paradox, that its costs and promises are not in sync, Online Learning became wildly popular because of one thing: Degrees. The...