Monday, May 4, 2009

Infrastructure projects management

There is huge unultized capability in energy, steel, auto, food processing, mining etc in North America and Europe which is struggling to survive in the global bear market. On the other hand there is substantial unmet demand for such goods and services. Many Corporations find it difficult to crack into the otherwise lucrative India market because of what are perceived to be huge social, political, bureaucratic and regulatory barriers. 

The current bear market affords a major potential in risk diversification and business expansion to business. SAC can help reduce the entry pain and break into this difficult but potentially lucrative market. We have integrated social sector models that can be deployed to assist in implementation of mega infrastructure projects. Specialised expertise and generic local capability is a potent combination that can be deployed to effect. 

With the general elections coming to a close in India by middle of May, this is a good time to explore and exploit the situation. The bear market will not last forever and once it is over, it will competition as usual. Now is the time to make your move.

Friday, May 1, 2009

Learning from entertainment industry collaboration efforts

I had set out enthusiastically collaboration efforts in the entertainment industry. We had planned to organize music related events worldwide. Unfortunately the collaboration effort did not succeed in one place but in other places it has achieved great success. 

I would like to list out the reasons where I failed. It failed when expectations of both parties although clearly outlined at the start was not followed up and updated.  As the project planning moved ahead, expectation management was left at the oral level and corporate principles of documenting conversations, making alterations to existing agreements was given a go by. Critical communication gaps emerged and the relationship tanked. It ended with rancor and distrust on both sides. 

Where it succeeded was where we kept discussions at a purely professional level and did not let emotions get ahead of us. We are going strong on at this stage with our programs but it was a learning that I wanted to share with others.  

Principles for global collaboration

Cultural differences need to be resolved while entering into collaborative arrangements with companies and individuals worldwide. Most of us from Asia generally find it difficult to say no to things that we are not comfortable with; we are especially reluctant to make a negative statement to people who we categorize as elders, religious people or people in what are perceived in Asia as coming from 'noble" professions like medicine, religious people and others like people in high office, well connected people etc. We also try too hard to get a deal going and are willing to negotiate which is perceived as vacillation or resorting to trickery in other parts of the world. I have found additionally differences in approach to doing business in different sectors in the same country. The entertainment industry in general is less structured and organized as other sectors like manufacturing, IT, finance and the like. My recommendation that the best way to handle these challenges is to adopt a structured approach while dealing with people in culturally different locations. Documenting discussions, making out legal agreements, defining roles and responsibilities, insisting on a structured process to doing business are some ways these differences can be bridged. Collaboration is critical to success and perhaps some of these aspects may help us in our journey to collaborate and grow together.

Wednesday, April 22, 2009

Innovative utilization of super specialists in US and Europe

A large number of super specialists in US and Europe who till yesterday were sought after by employers are suddenly finding themselves out of work. Our global collaboration model seeks to utilize the capability and innovation of these people in our business development framework. Innovation and capability in my view has more value than cash. If this is deployed for public and business good, it has the potential of being a winner for all. We encourage patent holders, scientists and innovators to initiate a business dialogue with us. Together we will help create a business venture that will give both intellectual and financial rewards to both. We seek to get the best minds working in synergy to beat the recession.

Friday, April 17, 2009

Investment credit shortage and recession

Access to credit is one of the major impediments to growth. We are deploying the global collaboration model to overcome this impediment in a case of a hospital chain owner. Synergistic alliances with companies in various parts of the world is organized. Alliance partners bring to the table, for the benefit of all, their individual strengths in technology, management skill, financial resources, sales and marketing capability. While this does entail a lot of due diligence and work but at the end of the day it is highly intellectually satisfying and financially rewarding activity for us and our collaboration partners. We are thus able to help each party achieve their individual goals even in the prevailing recessionary environment.

Monday, April 13, 2009

Business during the global recession

Planning for our global entertainment events I travelled a couple of weeks back to the US and the UK. I observed that while there was a great emphasis on detail but structured and logically approach to issue identification and resolution were missing. There was a great desire to do business but very little thought was given to the macro picture which drives business.
Our planning of global entertainment events and other collaborative ventures is moving steadily forward because we have adopted a new approach to business which looks at the macro picture first, identifies areas of consideration and then goes into the details of each area. Planning is done as we go along this journey of discovery. This I am finding is an excellent way to beat the current recession and explore new opportunities.

Friday, March 20, 2009

Entertainment division SAC

We started our discussions with my US partner www.latinmusicfest.com on holding Latin music events in India. SAC collaboration network was deployed and now we are in advanced stages of planning events in India, US, Mexico, Puerto Rico, Brazil, Argentina, Colombia, UK, Netherlands, Spain, France and Germany.
This to me demonstrates the power of collaboration and putting the best minds across the globe to work. All those who are part of this project do not think of the bear market and recession but look to growth and collective prosperity.
We are constantly innovating and fine tuning our engagement models and making this work. This is a place for executing ideas. Bright minds are invited to get in touch.