Emergic: July 2, 2006 Archives

Sunday, July 2, 2006

India's PC Market

The Indian PC market, which includes both desktops and notebook PCs, grew by 32 percent to 5.04 million units in the year to March 31, according to MAIT. Desktop sales totalled 4.6 million units, registering an annual growth of 27 percent, while notebooks shipments totalled 430,000 units, growing 144 percent compared to a year earlier.

PC shipments are expected to cross 6 million units in the year to March 31, 2007, because of increased buying by some industries, and also because more homes are buying PCs as their prices drop, MAIT said. Increased sales of PCs in smaller cities and towns is also contributing to market growth, according to MAIT.

Emerging Markets | PermaLink | Comments (1)

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Posted by yuriy

Learning from Failure

Business Week writes:

Intelligent failures -- those that happen early and inexpensively and that contribute new insights about your customers -- should be more than just tolerable. They should be encouraged. "Figuring out how to master this process of failing fast and failing cheap and fumbling toward success is probably the most important thing companies have to get good at," says Scott Anthony, the managing director at consulting firm Innosight.

"Getting good" at failure, however, doesn't mean creating anarchy out of organization. It means leaders -- not just on a podium at the annual meeting, but in the trenches, every day -- who create an environment safe for taking risks and who share stories of their own mistakes. It means bringing in outsiders unattached to a project's past. It means carving out time to reflect on failure, not just success.

Perhaps most important, it means designing ways to measure performance that balance accountability with the freedom to make mistakes.

Management | PermaLink | Comments (1)

Yes indeed, failure is a good teacher. However, it is a risky proposition too. The two things mentioned that the failure should happen early and inexpensively is something that cannot be easily controlled, since the failures are mostly unexpected. What is indeed important is to build a culture such that exprimentation and exploration are encouraged in a responsible manner and if in that spirit failure does occur, then it should be taken in a positive stride. The typical practice is to study the successes of other and learn from that. Nothing wrong in that, but it's equally important(if not more) to learn from the failure. Often, how to do NOT do a thing is often equally important as how to do it.

Posted by kabir