SP JAIN GLOBAL BLOGS

In these times when ‘crony capitalism’ and ‘suit boot ki sarkar’ are terms that are easily bandied about, it is a common perception that business is all about greed, and businessmen are a selfish lot, looting the rest of us to fill their own coffers. I beg to differ. I contend that business is as noble an endeavour as any, and is, in fact, social work. Let me illustrate my point with a story.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

One very important parameter of negotiation is psychology. Whenever two sides negotiate, it is never two individuals, and never two organizations, but always two psychologies. The psychological mindset of an individual is extremely important in a negotiation.

Topics: Global Family Managed Business, Faculty, Thought Leadership

Why are Venture Capitalists (VC) bullish and heavily investing in Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) technologies? We can easily wind-up discussing this with just one case: we have all ‘heard’ of the Magic Leap that raised a staggering amount nearing $1.4 billion from some of the world’s biggest companies and well known venture firms. What is this technology? Why is its product in beta nowhere to be seen? The Wired Magazine called them ‘The World’s Most Secretive Start-Up’ in ‘The Untold Story of Magic Leap’. We can hardly guess the valuation of the company which is still doing R&D for their first product, launch of which, as some critics claim, is nowhere near. But the valuation is leading to a staggering $4.5 billion at the least.

Topics: Virtual Reality, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

As a negotiator, I am sure you would have always thought that the outcome of every deal should be in your favour. Well, there is nothing wrong to think that way, but there is a gap between expectation and reality.

Topics: Global Family Managed Business, SP Jain School of Global Management, Thought Leadership

We spoke to Dr. Debashis Guha, Director of Machine Learning Program about recent industry trends. Here are some excerpts of Machine Learning from the interview –

Topics: Thought Leadership, Disruptive Technologies

In a business to consumer (B2C), negotiation is very different from marketing and selling. The primary difference is that Marketing is about making people aware of the product, services, or business, whereas Selling is to convince the other person to buy your product or service. Negotiation normally succeeds selling, because once a customer has agreed to buy the product or service, then issues about price, payment terms, delivery, quantity, and others will surface, which are negotiable.

Topics: Global Family Managed Business, SP Jain School of Global Management, Thought Leadership

Innovation is no longer the prive of Silicon Valley. Indian industry is the cynosure of all eyes when it comes to innovation.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

I just watched the YouTube video “Humans Need Not Apply.” After the initial let-down (boy do I feel useless – and apparently I soon will be), I had to stop & think. If 45% of human jobs will be replaced by bots (physical and virtual), and if that will happen in our lifetime — much more quickly than farm work was mechanized and craftsmen were replaced by factories — what should each of us do?

Topics: Faculty, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

Machine Learning is one of the most important technologies of our era and it has already had substantial impact on our everyday lives, both in our homes and in our workplaces.

Topics: SP Jain School of Global Management, Thought Leadership, Disruptive Technologies