Sivaram V. T.

•     Analysis paralysis: Devoting disproportionate effort to the analysis phase of a project
•     Cash cow: A profitable legacy product that often leads to complacency about new products
•     Design by committee: The result of having many contributors to a design, but no unifying vision
•     Escalation of commitment: Failing to revoke a decision when it proves wrong
•     Management by perkele: Authoritarian style of management with no tolerance of dissent
•     Matrix Management: Unfocused organizational structure that results in divided loyalties and lack of direction
•     Moral hazard: Insulating a decision-maker from the consequences of his or her decision
•     Mushroom management: Keeping employees uninformed and misinformed (kept in the dark and fed manure), let to stew, and finally canned.
•     Stovepipe or Silos: A structure that supports mostly up-down flow of data but inhibits cross organizational communication
•     Vendor lock-in: Making a system excessively dependent on an externally supplied component

Ref: Wiki

• As adage goes - "Change alone is constant"
• Condition the people involved in change to accept the above fact
• Do change only if it is needed
• Educate people to accept change as an opportunity to revitalize themselves
• Educate them how they will be after change, show them the long term benefits
• Reward them for successful change

Taken from DARE magazine May 2011 release.

• Join mailing groups such as Headstart, Barcamp, Open cofee club
• Follow blogs like pluggd.in, vc circle, tech crunch, etc
• Join associations like TIE, CIT

•     Question yourself: what are you really good at
•     Find your passion: start doing what you really really are passionate about
•     Find your niche: realize your niche, your domain
•     Add value: start working for not earning money, but to really add value in the early stages of your career
•     CREATE A STRONG NETWORK: NETWORK: NETWORK: NETWORK: there is nothing more powerful than a strong and relevant network. A powerful network takes you places
•     Credibility is CREDIBILITY nothing else. Period: work while creating a strong credibility from the very beginning

Excerpt from an article from Delhi TIE group.

Group buy concept is becoming popular in India. Though it is relatively new, there are quite a number of players in the market.

This is one of them I liked

http://www.dealsandyou.com/

• Death march: Everyone knows that the project is going to be a disaster – except the CEO -- so the truth is hidden to prevent immediate cancellation of the project - (although the CEO often knows and does it anyway to maximise profit). However, the truth remains hidden and the project is artificially kept alive until the Day Zero finally comes ("Big Bang"). Alternative definition: Employees are pressured to work late nights and weekends on a project with an unreasonable deadline.
• Groupthink: During groupthink, members of the group avoid promoting viewpoints outside the comfort zone of consensus thinking
• Smoke and mirrors: Demonstrating how unimplemented -and difficult to implement- functions will appear
• Software bloat: Allowing successive versions of a system to demand ever more resources
• Waterfall model: An older method of software development that inadequately deals with unanticipated change

Courtesy: http://en.wikipedia.org/wiki/Anti-pattern

I read an interesting article on Capital funding in the thesmarttechie magazine.

The author says that in India, technology start-ups are gonna prosper in the areas like mobility, product making and offering services through SaaS model.

Author also gives tips for entrepreneurs in creating a business in technology space.

• Building a strong trustworthy team
• Creating un-replicable value to clients that can sustain for longer time
• Securing angel funding at the optimal time to validate and improve the business model
• Building scalable business