Sunday, 27 September 2020

Indian Startup Ecosystem

 

From having a handful of tech companies to dozens and thousands of innovative new ventures, India’s startup ecosystem has grown immensely in the past decade

India has witnessed launch of more than 55,000 startups to date with more than 3,200 startups raising $63 Bn in funding in the last five and half years alone

Home to 34 unicorns, and 52 soonicorns with a potential to become unicorns by 2022, the world’s second largest startup ecosystem is poised for disruption

In just over half a decade (2014-2019), India has shown a great appetite for technology, data and the internet. The internet paved the way for thousands of startups to rise over the past decade, address unique problems, transform entire industries and create new segments!

Indicators of Growth in the Startup Ecosystem

The pace of growth in the startup ecosystem has increased to 15% year-on-year in 2018, while the growth of the number of incubators and accelerators has grown to 11%

Significantly, the number of women entrepreneurs stood at 14%, up from 10% and 11% in the previous two years.

Startups in the country have been able to create an estimated 40,000 new jobs over the year, taking the total jobs in the start-up ecosystem to 1.6-1.7 lakh

Bangalore has been listed within the world’s 20 leading startup cities in the 2019 Startup Genome Project ranking. It is also ranked as one of the world’s five fastest growing startup cities.


Drivers of Startup Ecosystem

Corporate Connect

Enterprises are realizing the disruptive potential of start-ups and are thus, partnering/investing in them. Examples of corporate support:

Facebook in partnership with Startup India disbursed cash grants of $50,000 each to the top 5 selected startups

10000 Women program by Goldman Sachs is providing women entrepreneurs all around the world with a business and management education, mentoring and networking and access to capital. 

Microsoft Ventures Accelerator Program in India has recently picked up 16 startup

Government Support

Government of India is understanding the value of working with disruptive innovators across the value chain and using their innovations to improve public service delivery.

Department of Animal Husbandary and Dairying has conducted a grand challenge in association with Startup India to award top startups in 5 categories 10 lakhs INR. 

Small Industries Development Bank of India has launched a scheme to provide assistance to existing Small and Medium Businesses in need of capital for growth

Over 26 states in the country have Startup policies. 




I Have a Dream!

 

It’s critical. Communication is a core leadership function and a key characteristic of a good leader. Effective communication and effective leadership are closely intertwined. Leaders need to be skilled communicators in countless relationships at the organizational level, in communities and groups, and sometimes on a global scale.

You need to think with clarity, express ideas, and share information with a multitude of audiences. You must learn to handle the rapid flows of information within the organization, and among customers, partners, and other stakeholders and influencers.

 

Communication—or a lack thereof—can make the difference between success and failure. Effective communication can inspire others to action, make a process go smoothly, and plant the seeds for new ways of thinking. If you have a knack for communication, you can further polish your skills by taking a look at these examples of some of the best communicators the world has seen.

Martin Luther King, Jr.

Who hasn’t heard and been touched by King’s “I have a dream” speech? The message is a beautiful one, but so was the way he delivered it. He delivered it with passion and anaphoras. An anaphora involves repeating the same phrase at the beginning of different sentences. In the famous speech, King said “I have a dream” eight times, and he repeated other phrases as well.





I have a dream today!

I have a dream that one day, down in Alabama, with its vicious racists, with its governor having his lips dripping with the words of "interposition" and "nullification" -- one day right there in Alabama little black boys and black girls will be able to join hands with little white boys and white girls as sisters and brothers.

I have a dream today!

I have a dream that one day every valley shall be exalted, and every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight; "and the glory of the Lord shall be revealed and all flesh shall see it together."

This is our hope, and this is the faith that I go back to the South with.

Repetition, done tastefully and in the right places, reinforces the point and solidifies it into the minds of listeners.

Oprah Winfrey

Even if you are the sort who thinks that Oprah Winfrey is a tad on the annoying side, you’ve got to admit that she does have a good handle on the whole communication thing. Winfrey understands that listening is as important—if not more important—than speaking when it comes to communicating. She speaks out about issues that are on the minds’ of the people in her audience, and she does so honestly. People trust her because she comes off as genuinely interested in others.

 Barack Obama 

President Barack Obama has been hailed as “The Great Communicator.” His ability to strike a chord with America propelled him into the White House for two terms as the leader of the free world. Political adversaries had a hard time stopping his momentum as he communicated with the American people in a way that harkened back to President Ronald Reagan.


Part of what gives Obama the ability to do great things is his skill at communicating his ideas in a way that’s easy for his target audience to comprehend. He’s able to laugh at himself and others, while acknowledging the hard work that others do to give him the opportunity to lead effectively. He knocks down barriers and communicates past the filter, giving Americans a feeling that they’re personally connected with him.

1. A third term?

If you have the opportunity to make someone laugh, while at the same time drawing a parallel to an important concept, you’re more likely to create a meaningful impression than with a sober presentation.

2. Friendship and political points.

Obama is known for being gracious and generous with his recognition of others' hard work. He also loves highlighting the idiosyncrasies of his political opponents. During his 2015 White House Correspondent’s Dinner toast, he said, “I tease Joe [Biden, the vice president] sometimes, but he has been at my side for seven years. I love that man. He’s not just a great vice president, he is a great friend. We’ve gotten so close, in some places in Indiana, they won’t serve us pizza anymore.”

 


Sunday, 20 September 2020

Learn Business communication!

 

Business communication is a complex thing. Communication as a concept means far more than just a message or a conversation. It means the mutual understanding of the subject matter and therefore, in business, communication is most imperative to get right. Everything in the workplace is dependent on good communication across teams and individuals, from the planning stages of any activity right through to the reporting of its success.

In contrast to personal communication, business communication always comes with an end goal. There is a certain amount of regulation associated with communication within the workplace, and rules that each company put into place in order to establish good business practice. Previously, business communication was limited to telephone conversations and paperwork, however now there are far more channels of communication including email, video conferencing and instant messaging.

Understand the unique skill of business communication as we break down the key concepts

There are two main types of business communication that incorporate all of the different communication channels: written communication and oral communication. Oral communication covers things such as meetings, informal chats, telephone conversations, group discussions and interviews. Written communication includes emails, instant messages, reports and documentation.

 

Based on Structure

The first one is the structure of communication; the channel used for interaction plays a vital role.

It can be further bifurcated into the following two categories:

 



 

Formal Communication

It is a regular and organised channel of work-related communication within a company, where the employees have to coordinate through a proper medium among themselves.

Types of Formal Communication Network: A communication network is a pattern designed to understand how information travels from one person to another.
Let us now go through the different networks provided under formal communication:

·         Chain: When an employee passes on official information to the other employee who further communicates it to a third employee creates a chain pattern. For example; the CEO informs the sales target to the General Manager, the GM also transmits it to the Sales Manager.



 

Wheel: When a single employee communicates any organisational information to a group of co-workers, a wheel pattern is formed. For example; Team leader reading out a circular issued by the management in front of other co-workers.



Circular: An employee communicates information to his colleague, who passes it on to another co-worker and so on. The message passes from one employee to another and finally reaches to the person who initiates the process.



Free Flow: In this type of network, no particular pattern is followed. Information is spread in a non-systematic manner by anyone. For example; in an emergency condition in the organisation, say in case of a short circuit, the information is randomly spread among the employees.



Inverted V: Under this network, the subordinates can communicate directly with their immediate senior as well as their senior or top management too. For example; sales executives can interact with their team leader as well as with the manager.



Informal Communication

It is an unofficial form of communication arising out of friendship or casual relations, where the discussions may or may not be related to the work or the organisation.

Types of Informal Communication Network: Though there is no particular system which is followed for informal communication, still following are the four informal networks identified:

·         Single Strand: Similar to the chain pattern, in single strand too, the information goes on passing from one person to another; then to the next; and so on.



·         Gossip / Grapevine: One single person spreads information within an informal group where the message may or may not be valid. This pattern is also called as grapevine.



·         Probability: It is similar to the gossip pattern, but here, it is not necessary that everyone is involved in the communication.



·         Cluster: When a person passes on information only to his trustworthy people believing that they won’t tell it to anyone, but they do the same thing. Thus, the message spreads to a selected group of people; this network is known as a cluster.



Based on the Medium of Communication

The way a message is framed and the channel used for sending information to the receiver determines the following forms of communication:


    

Verbal Communication

Transmission of information which is enclosed in words whether written or said is known as verbal communication.

A message framed in words when spoken to the receiver is termed as oral communication. It includes face to face interaction, calls, voice calls, video calls, a recorded message, etc.

Non-Verbal Communication

As we say ‘actions speak louder than words’, expressing information other than words is known as non-verbal communication. Any communication remains incomplete without the use of non-verbal means.

There are different types of non-verbal communication, including kinesis, paralanguage, chronemics, artefacts, proxemics and haptics.

Kinesis refers to interactions through facial expressions, body language, eye contact, gestures, postures, etc. However, paralanguage is the way we speak, i.e. tone, volume, pitch, etc.

Artefacts include the appearance, personality, dressing sense and presentability of a person. Whereas, chronemics is the timing, punctuality, pause etc. while speaking.

Proxemics is the distance which a person maintains while communicating with others, speaks a lot about the relation between the two. Lastly, haptics or the touch also inform about the feelings and expressiveness of a person.



Monday, 31 August 2020

Apodictic certitude!

 

“All our knowledge begins with the senses, proceeds then to the understanding, and ends with reason. There is nothing higher than reason.”

― immanuel kant, Critique of Pure Reason

Immanuel Kant (1724–1804) is the central figure in modern philosophy. He synthesized early modern rationalism and empiricism. The fundamental idea of Kant’s “critical philosophy” – especially in his three Critiques: the Critique of Pure Reason (1781, 1787), the Critique of Practical Reason (1788), and the Critique of the Power of Judgment (1790) – is human autonomy. He argues that the human understanding is the source of the general laws of nature that structure all our experience; and that human reason gives itself the moral law, which is our basis for belief in God, freedom, and immortality. 

The great idea of the Critique of Pure Reason is  the very thing that explains the possibility of 

our knowledge of the fundamental principles grounding a scientific view of nature is also the key to the possibility of our freedom in both intention and action, which seems threatened by the rule of causality in that natural world. Kant argues that the principles of the scientific worldview can be known with certainty because they express the structure of our own thought. They are therefore conditions of the possibility of our experience, which we impose upon the raw data of sensation. Thus, there is a sense in which certitude about the principles of science is possible only because of human autonomy: we are not merely passive perceivers of sensible information flowing into us from external objects, but also cognitive agents who structure what we perceive in accordance with the necessary conditions of our active thought. Thus Kant argues that we can be certain of the fundamental principles of science - above all the universal law of causation, the assumption underlying all scientific inquiry that every event has a cause and can therefore be explained in accordance with a law of nature - precisely because this law is a condition of the possibility of the thought that we must impose upon our perceptions in order to have any experience at all.

Kant defines the position of critical philosophy in contrast to dogmatism, empiricism, skepticism, and indifferentism. He seeks to carve out for theoretical philosophy a significant but limited domain, distinct from that of empirical knowledge and the opinions of common sense, but excluding the exaggerated claims that have brought metaphysics into disrepute. In this way, the Critique of Pure Reason belongs to a main tradition in modern philosophy, beginning with Descartes, that tries to provide an a priori philosophical foundation for the methods and broad features of a modern scientific view of nature by an examination of the suitability of human cognitive faculties for the kind of knowledge of nature that modern science aims to achieve.

 At the same time, Kant tries to save precisely what the dogmatic metaphysicians cannot, by connecting the claims of religious metaphysics not to the sphere of theory but to the sphere of moral practice, and, in the famous words of the second-edition preface, by limiting knowledge in order to make room for faith (BXXX). But Kant tries to accomplish all these goals, especially the last, in an authentically Enlightenment manner, always giving first place to our rational capacity to reflect on our cognitive abilities and achievements, to correct them, and to subject the pretensions of reason to self-limitation, so that human reason itself retains ultimate authority over all matters of human knowledge, belief, and action. The ultimate autonomy of human thought lies in the fact that it neither can nor must answer to any authority outside itself.

Πνευματική ηρεμία🌈


Peace of Mind

"Peace cannot be kept by force. It can only be achieved by understanding." 

Albert Einstein



Peace is notoriously difficult to define, and this poses a special challenge for articulating any comprehensive philosophy of peace. Any discussion on what might constitute a comprehensive philosophy of peace invariably overlaps with wider questions of the meaning and purpose of human existence. The definitional problem is, paradoxically, a key to understanding what is involved in articulating a philosophy of peace. In general terms, one may differentiate negative peace, that is, the relative absence of violence and war, from positive peace, that is, the presence of justice and harmonious relations.  One may also refer to integrative peace, which sees peace as encompassing both social and personal dimensions.


Aristotle on Philosophy of Peace



The writings of Aristotle (384-322 B.C.E.)  do not present an obvious reference point for a philosophy of peace. Yet there may be such a reference point in his development of virtue ethics, notably in Ethica Nicomachea (Nichomachean Ethics). Virtue ethics may legitimately be linked to a philosophy or ethics of peace.  The mean of each of the virtues described by Aristotle may be viewed as qualities conducive to peace. In particular, the mean of the virtue of andreia, usually translated as courage or fortitude, may be seen as similar to the notion of assertiveness, a quality which many writers see as important within nonviolence. Aristotle also identifies justice as a virtue, and many peace theorists emphasize the inter-relationship between peace and justice. Further, some writers have specifically identified peace or peacefulness as a virtue in itself. Interestingly, Aristotle sees the telos or goal of life as eudaimonia, or human flourishing, a concept similar to the ideals set forth in writing on a culture of peace.


The true Vedantic spirit does not start out with a system of preconceived ideas…. each man has been entirely free to search wherever he pleased for the spiritual explanation of the spectacle of the universe."

                                        – Romain Rolland (French Nobel Laureate)

                                         

There are different forms of theories of peace. The one practical philosophy of Peace practiced in India is Shaanti Manatras.

Shaanti Mantras are loudly chanted usually at the beginning and end of any lecture, study or meditation session. Loud chanting helps us to switch the context of our mind from whatever we were doing earlier to the current activity. Chanting with our attention on the meaning puts us in the right attitude to think deeply. Here is a popular Shaanti Mantra.

सह नाववतु
सह नौ भुनक्तु
सह वीर्यं करवावहै
तेजस्वि नावधीतमस्तु

मा विद्विषावहै
शान्तिः शान्तिः शान्तिः

Indian Startup Ecosystem

  From having a handful of tech companies to dozens and thousands of innovative new ventures, India’s startup ecosystem has grown immensely ...