INTERESTING GYAN

1) Be part of a like-minded group. Applaud different views. Welcome different skills. Build a team mission. 2) Debate. Don’t argue. Share views, opinions. Eliminate heated environments. Agree to disagree, move on. 3) Numbers can’t change you. Cash. Follower count. Assets. Keep your feet on the ground. It can all disappear quickly. 4) If you can’t help for free, you don’t deserve paid work. Help, without expectations. Every action is experience. It somehow pays off. 5) Comparing is nature. Don’t overdo it. Focus on self-motivation, not envy. They aren’t better than you. Never lose confidence. You have the ability. 6) Look backwards to learn. Not regret. Look forward to visualize. Build your game plan. There will be bumps. Find the way. 7) Improving is success. As Henry Ford put it, “No one ever considers themselves an expert if they really know the job”. You aren’t an expert. No stopping. Learn daily. 8) Life is about communities. Search one. Join one. Analyze. Provide value. Climbing t...

  Lie 1: If you don't settle in your 20s, you are gone! This is the decade. You don't get another chance. Study fast, get a job, get married, kids, that car, that house. Quickly! Time's running. Look at everyone else doing it!  Lie 2: People who are poor are lazy. People who are rich are hardworking. It is your fault if you haven't made it in life. Look at everyone else who made it. There is nothing granted or gifted in life Lie 3: Those in corporate jobs, are unambitious. They have sold their soul. They are addicted to the salaries. They could have done so much more with their life. But they decided to spend it working for someone else.  Lie 4: Starting your own business is the surest way of making money. You can never get rich earning a salary. You can never get rich working for someone else.  Lie 5: Your parents are never wrong. They are wise, they are experienced, they want the best for you. Plus, they are parents. They can never mean any harm.  Lie 6: The w...

A seven-time Lok Sabha member from Bengaluru North constituency, Sharief showed his complete loyalty again to Indira Gandhi against the then-popular Karnataka chief minister Devraj Urs, who parted way From driving the car of his political mentor and former  Karnataka  chief minister S Nijalingappa to steering India's Railway Ministry, veteran  Congress  leader  C K Jaffer Sharief's growth in  politics  and his unflinching loyalty to the party is widely admired. Popularly called "Jaffer bhai" in the political circles of his times, Sharief was a staunch loyalist of Indira Gandhi, who stood with her through thick and thin, and it also paid him rich political dividends. Challakere Kareem Jaffer Sharief was born on November 3, 1933 at Challakere of Chitradurga in the then Kingdom of Mysore. He was associated with the  Congress  from his adolescence. Though his growth in the  Congress  was under Nijalingappa's mentorship, Sharief sided w...

  All the domestic airlines, from IndiGo to Jet Airways have the prefix, which is followed by unique alphabets. The code is generally seen just before the rear exit door and above the windows. If you are a frequent flyer, you may have noticed 'VT' written on every aircraft. But despite noticing, very few of us actually care to know about the little details we notice. So what does it mean? The prefix 'VT' stands for Victorian or Viceroy Territory, which is the nationality code that each aircraft registered in India is required to carry. The code is generally seen just before the rear exit door and above the windows. All the domestic airlines, from IndiGo to Jet Airways have the prefix, which is followed by unique alphabets that define the aircraft and who it belongs to. For example, on all IndiGo flights the registration VT is followed by IDV, i.e VT-IDV,  for Jet, it is VT-JMV. The prefix marks that the aircraft has been registered in the country. It is mandatory in all...

Most of us learn a basic rule of economics: when the price of a product rises, people usually buy less of it. But what if the opposite happens? What if people actually buy more of a product when its price increases? This seemingly strange situation is known as a Giffen good . What Is a Giffen Good? A Giffen good is a type of good for which the quantity demanded can increase when its price rises, producing an upward-sloping demand relationship over the relevant range. This appears to contradict the traditional law of demand , which generally states that, other things being equal, consumers tend to buy less of a good when its price increases. However, a Giffen good is an unusual case in which the income effect is strong enough to outweigh the substitution effect . One important distinction is: All Giffen goods are inferior goods, but not all inferior goods are Giffen goods. An inferior good is simply a good for which demand tends to fall as a consumer's income rises. A Giffen good ...

  Consumers perceive prices in different ways, using objective and subjective judgments to make buying decisions. This can make product pricing difficult, as you can choose from many different strategies to position your products. One of these is the "price equals quality" approach. Marketers often call this the Chivas Regal effect. Overview of the Chivas Regal Effect According to marketing folklore, the Chivas Regal brand of scotch whisky was struggling to gain market share and its sales were low. Its owners doubled its price -- without changing the whisky -- and saw unit sales double. Consumers saw the increased price as evidence that this must be a quality brand. In the 1980s, some U.S. universities adopted the same kind of policy, and the Chivas Regal effect became more associated with tuition costs than whisky. Colleges started to raise tuition fees to bring in more money and typically saw a significant increase in enrollment. At the time, parents equated higher tuiti...

  Nobody really   recommends   command-and-control leadership anymore. But no fully formed alternative has emerged. So mature companies often struggle to balance the need for innovation with the need for discipline. The authors studied two exceptions: the new-product-development stars PARC and W.L. Gore. Both companies, they learned, have three distinct types of leaders.  Entrepreneurial leaders , found at lower levels, create new products and services and move their firms into unexplored territory.  Enabling leaders ,  in the middle, make sure the entrepreneurs have the resources they need.  And  Architecting leaders , near the top, monitor culture, high-level strategy, and structure. This system allows both companies to be self-managing to a surprising degree. Employees choose their work assignments and dream up new projects, whose success rests on colleagues’ volunteering to join in—making the companies collective prediction markets. And the me...