- Mother Teresa - Peace
- Lance Armstrong - Tour de France
- Tony Buzan - Mind Map
- Edward de Bono - Lateral Thinking
- Tiger Woods - Golf
- Sachin Tendulkar - Cricket
- Seth Godin - Marketing Guru
- C V Raman - Raman Effect
- Scott Adams - Dilbert
- J K Rowling - Inspirational Writer
- Roger Federer - Tennis
- Harsha Bhogle - Cricket Commentary (I admire him a lot)
- Dad - Orator (He's an amazing speaker)
- Mom - Thinker (Finding Quick solutions to seemingly daunting problems is a skill she mastered long back)
Monday, June 23, 2008
Friday, June 13, 2008
- You are letting the kids in person know that they have an external aid around - makes you feel a good & noble person inside.
- You get in touch with a bunch of people who wish to help the needy and I bet the experience leaves this "community" of people charged up & motivated.
- You can even upload your picture later on TOMS's Website being viewed by thousands of folks everyday - I am sure you agree that spotting your picture on a website other than your own sure makes you feel good.
- The first thing I noticed on TOMS Website was "COLORS" and lots of them. To me colors have always been associated with fun & play. So I hope the Volunteer programme adds the element of fun (for good) which we all need in our otherwise ever busy existence.
- As a consumer your mind gets a true "two for the price of one" satisfaction too :)
What a nice way to serve the community and get attention of social media & consumers at the same time.One thing is for sure - My next BIG shopping spree has to include a TOMS pair for sure ;)
Thursday, June 12, 2008
- Reverse Thinking (From a Customer's Viewpoint -I know thats what they teach you in school). But these folks actually visit gas station and compute the avg time a consumer takes to fill in a tank & they try improvising the same. It helps to serve customers in a quicker 'n' better way.
- Instant Reporting of Business Metrics - In any business data forms the basis of analyzing how one is doing versus say last month or current month last year (YTD Comparison). But then hey, few folks also go a step further to predict the consumer spending & buying patterns in specific geographies based on a heuristic analysis (remember Correlation/Regression chapters from the High School Math book - its almost the same). This whole number prediction process becomes way too interesting when you increase data collection frequency (say collecting all gas stations sales data in ur area per hour), add plenty of variables (competition pricing, weather, breakdowns on roads etc) & ofcourse the omnipresent pressure from the mgmt to present the daya in a simple yet elegant fashion. (Will write more on this sometime - Yes, you guessed it right - I am working on a similar project right now ;))
- Delving Deeper - The marriage of oil companies' expertise in drilling and the current state of art technology has resulted in tapping the seemingly unreachable deep-water oil reserves. This requires volumes of innovation, collaboration & persistence but then few guys are trying their best out there in deep sea just for you and me.
- Evolve- Contrary to one's expectations - the oil companies seem to adapt to the changing market forces very quickly. And yes they are always on the lookout for any new ideas you might have.
Thursday, June 05, 2008
- United States continues to be the largest consumer of gasoline(petrol) in the world, we guzzle almost 2.4 Gigalitres everyday [Source EIA]
- Contrary to the perception, the gas prices in US are quite low when compared to those in Internation Markets.
- The variation of Gas prices across the globe is way too much. On one end of the spectrum there's Venezuela where Gas Price is a mere 12 cents a gallon (I can drive on and on and on ;)) then there's Sierra Sierra Leone where one has to shell out almost $18 per gallon (better use horses for commute)
- The Hybrid Car sales are growing exponentially in US with California being the leading state which is a feel good factor indeed. [nearly 250k Hybrids were sold in US in 2007]
- Govt of respective countries keep a very close watch on Gas Prices. Even a small hike in prices may result in cascading effect in Transportation costs, cost of almost any material good sold - thus the strong priciting control & vigil.
The Gas prices are certainly governed by the usual Supply-Demand Equation but there are a bunch of other factors that come to play a distinguished role when it comes to true pricing. I was surprised to observe the variables my friends came up with that can effect Gas prices:
- Labor Cost (This directly effects refineries & thus the price)
- Fluctuations in Stock Market & Weather
- Natural Calamities (Remember how Katrina took oil prices for a toss)
- Relationship between nations
- Change in Taxation Policy (Obama & Hilary know this pretty well too :D)
- Crude-Oil Inventories Rhythm
- Maintenance or Over-hauling of a major Petroleum Refinery
- Commute time of ships transporting crude oil from Petroleum producing nations to the others.
- Competition amongst firms distributing Petroleum Products.
- Seasonal Demand (During Summer Vacations the consumption grows by a huge amount which in turn shoots up Gas prices too)
When you pump say $35 into your SUVs / Cars, the money you paid gets dietributed to various entities across the Supply Chain. To give an idea, here's a rough breakup of who pockets the every dollar you spent on your vehicle's gasoline (considering US's national avg in 2007) :
* Crude Oil (OPEC) - 73 cents
* Federal & State Taxes - 11 cents
* Refining Costs & Profits - 10 cents
* Distribution & Marketing - 6 cents
- Since our natural Gas Reserves are dwindling at an alarming rate, we (atleast few of us) should focus on how quickly we can develop technology to use alternative fuels (Hybrids are ok but what next?)
- Gas is one (major) fraction of the spectrum of Petroleum Products - thus Energy Conservation on a daily basis seems a plausible solution - but then one has to adopt a tough stand on it or participate in initiatives on similar lines.
- Try following some suggested techniques on the web for fueling our vehicles in a smarter manner. (Quick short-term fixes)
- Use Public Transport or Car Pools where possible. (I read somewhere that socialising aka networking helps & you never know you might end up meeting your next date as well;))
- Can we really think out of the box? Its been ages since we dwelled upon "Coal-to-Oil-to-Gasoline-to-Comfort" concept. Wind-Solar-Nuclear-Wave were looked upon but we never had a promising long-lasting solution.
But like they say, its better late than never, we decided that for now we would try inculcating "Energy Conservation" habit & hope for the best. Have a look at this article by Glenn Beck - hope you get Wowed too!