Compensation premium in sin-industries What makes doe-eyed graduates work for a firm that exploits human weaknesses? Young graduates often make emphatic declarations that they will not work for companies that engage in morally dubious activities. They profess to work for companies that they can be proud of. As someone who has just graduated, I can … Continue reading To sin or not to sin?
Category: Companies
Read about companies that are changing the world. A breakdown of their business model and how they make money
Bata: shoemaker to the world
Bata is synonymous with school shoes and Bata pricing (Rs. 99 pricing) in India. However, not many know that company’s roots actually lie in Eastern Europe – in fact, the Indian operations were actually set up by chance. Czech pioneers arrived in India in the 1920s to source raw materials but decided to stay because … Continue reading Bata: shoemaker to the world
ITC: Less of a puff
ITC’s roots go back a century. It was incorporated as Imperial Tobacco Company of India in 1910 and for the first 6 decades of its existence, it was devoted to growing and consolidating its cigarette and leaf tobacco business. From cigarettes to hotels & what not The winds changed direction in 1975. Since then, ITC’s … Continue reading ITC: Less of a puff
Dropping the middleman
No community marketplace is immune to the threat of disintermediation. No matter what the service, if it costs money to use a platform, there is always going to be people looking for ways to cut it out of the loop. Platforms employ several methods to deter disintermediation, such as creating terms of service that prohibit … Continue reading Dropping the middleman
Is India the next manufacturing champion?
China is lightyears ahead of India, or any other nation, in manufacturing. China’s manufacturing sector is 10x that of India and total exports are 7.5x. The current COVID-19 crisis has sparked debate about global corporations moving their manufacturing base away from China. The most obvious benefitter for this would be India, so much so that … Continue reading Is India the next manufacturing champion?
COVID-19 Chronicles: Survival of the fittest
The COVID-19 crisis is the biggest health crisis in over a century. The world is under lockdown, taking away the one thing that no business can live without – clients. While most companies are trying to make ends meet and hoping this passes away soon, some have pivoted their business models to embrace the change. … Continue reading COVID-19 Chronicles: Survival of the fittest
Ocado: from delivering groceries to selling technology
There’s no dearth of companies trying to exploit technology to provide leaner, more personalised solutions for their customers. Thousands have gone down the automation path, but few have found enlightenment. Each year, millions of dollars are spent on developing AI and ML capabilities, but much of it is in vain. In a sea of moderately-successful … Continue reading Ocado: from delivering groceries to selling technology
McDonald’s: flipping burgers or buildings?
In 2019 your favourite (or not) fast-food chain McDonald’s reported a whopping $ 21 billion revenue. The order of magnitude is definitely not surprising for a company that’s literally omnipresent, but a further breakdown of its reported revenue and income will make you see that McDonald's does more than just flipping burgers. McDonald’s might be … Continue reading McDonald’s: flipping burgers or buildings?
Banking wars!
There is no denying that technology is taking the world by storm. Instead of just being a support function, technology has become the product itself - especially in finance. The evolution of FinTech is creating new challenges for banks to overcome and new business models are emerging. Neo banks and Challenger banks are cases in … Continue reading Banking wars!