Contact me at bala@balaramadurai.net.

Blogs

Books and Stuff Podcast - Episode 10 - How to use diversity in perspectives for the sake of investing

Welcome to the Books and Stuff Podcast Series.

Books and Stuff Podcast series - What can you learn from philosophy, physics, maths, sociology to help you in investing? A well oiled mind to look at the stock market from various perspectives and hopefully, benefit from these perspectives. This is precisely the core idea of the book that Krishna to discuss with Bala - Investing - The Last Liberal Art by Robert Hagstorm.

Enjoy the Books and Stuff Podcast!

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Technology Forecasting for Strategic Decision Making - MOOC on NPTEL

Prof. Dmitry Kucharavy and I are happy to announce the launch of a new MOOC on NPTEL on Technology Forecasting for Strategic Decision Making.

How to strengthen strategic decision-making with reliable technological forecasts? Numerous quantitative methods are available for predicting future demands and short-term changes. These methods, however, have limited application for such a question. The need is to combine the advantages of qualitative methods and explorative qualitative methods for long-range technological forecasting. A structured methodology can be applied for this purpose. In this course, you will learn a combination of the technique “Extrapolation with S-curves” and a network of problems using practical case studies.

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Product-centered vs Human-centered Approach to Product Development

Which approach do we take in product development? Product-centered approach or Human-centered approach? This was a question that Kruthika Natarajan had posed on the NPTEL discussion forum. I gave her a few pointers based on my experience which she interpreted and I felt that this is a blog post on its own. So, here is our Guest Author for the post - Kruthika Natarajan on Product-centered approach or Human-centered approach.

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Systematic Innovation is not an oxymoron - podcast

Creativity + compassion = Innovation, says Bala Ramadurai, a co-founder of TRIZ Innovation India, and an Adjunct Professor at Symbiosis Institute of Business Management, Pune.

In our next episode of “Shape the Future of Work” podcast, listen to Bala as he shares how he helped companies become more creative using proven methods. Tune in to a podcast app of your choice and get inspired. Don’t forget to let us know your thoughts and experience in this area.

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43,252,003,274,489,856,000

No, I didn’t always wanted to do that. Title the post with a complicated number. Go ahead and copy this in to your favorite search engine and find out what it is and come back here and read the rest of the article. After that, you will have to figure out how this number is related to Kinderspark, the recently concluded innovation fest for school children conducted by Mahindra & Mahindra. Here is one more thing of intrigue - how is a Marvel superhero related to the whole thing?

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Thirukkural - 223

My 10-year old and I have been reading one kural a day (from Thirukkural, a set of poems about life) for almost 200 days running now. Some very interesting stories and discussions have come out of that. I am sharing some of them with you. Hope you find it useful.

குறள் 223:

இலனென்னும் எவ்வம் உரையாமை ஈதல்

குலனுடையான் கண்ணே யுள.

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I believe I can fly - Lighten the load to get a new idea

I recently read this article on lightening the load to fly (article link given below). I couldn’t help but sing along “I believe I can fly” by R. Kelly, one of my all-time favorite songs.

When we think of product/service ideas, we always think of adding features, adding this, adding that. But, a more powerful approach, is to remove or lighten.

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How to eliminate distractions while writing

Try to eliminate interruptions — by other people, email, your phone, or poking around the Internet — but don’t tell yourself that you can only work with complete peace and quiet.

I loved this point from an article, I read. I thought about how I to achieve this in my schedule.

Easy DND - Do Not Disturb mode. Switch this on and all the unnecessary calls, messages, internet based distractions are all off. Use a pomodoro® technique by using a timer to focus on the (writing) task at hand.

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Micro-progress on Habits and Tasks - Solpa Adjust Maadi

Rome wasn’t built in a day is one of the adages you might have heard. Many projects and tasks that I have had in the past and those that are in my inbox are deadline driven. So, the deadlines bring in the drive to complete them. However, there are some tasks which are nice to do, and they do not have any deadlines. They get postponed all the time, particularly because there is no deadline attached. How does one tackle this situation? Micro-progress. Mark the task on your calendar, do a little (barely minimum) work and write that down in the description. Now, postpone the task to some other date. That’s it! The next time, the task shows up, do the exact same thing.

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Books and Stuff Podcast - Episode 9 - How to invest the Warren Buffett way

Welcome to the Books and Stuff Podcast Series.

Books and Stuff Podcast series - Earning and learning seem to distinct spheres of life. However, Warren Buffett through his investing has shown us all that they needn’t be separate things, in fact, Bala and Krishna believe that they are one and the same. But how does one learn about earning?

The book The Warren Buffett Way written by Robert Hagstrom points out the 4 mined from the billionaire investor’s life long learning, er… earning, er… investing journey. (These questions are our own interpretations of Hagstrom’s explanations)

  1. Business Tenet - Do you understand how the business makes money? If you were the chief of the company, would you know how to make money?
  2. Management Tenet - Do you know how the people run the business? Do you know who the leadership is? What is their unique management style?
  3. Financial Tenet - After crunching numbers, are you able to understand if the business has indeed been profitable?
  4. Value Tenet - Is the stock available at a discount from its projected value? How do you project value?

Enjoy the Books and Stuff Podcast!

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