When the first spreadsheet “VisiCalc” was conceived by the Harvard Professor Dan Bricklin in 1979 he might never have thought that the product which he sold for 10,000 USD will make fortunes for others and will be a source of earning to the buyers for millions of dollars. Spreadsheets are so popular due to their magical nature which really has the potential of doing things in minutes which would take hours or at times days, otherwise. But everything comes with its toll, and spreadsheet is no exception. According to a study done by Powell, Lawson, and Baker in 2007 the results shown that 11 out of 25 spreadsheets have errors with non-zero effects. 10 out of these 11 spreadsheets had an error that exceeded $100,000, 6 had impact of error more than $10 million, and 1 had an error not below $100 million. If your company is using spreadsheet, and most probably is, you should know the risks & how to avoid the same. In the discourse that follows we will review the top 5 risks of using spreadsheet in business along with their remedies.
Brands are ubiquitous. There is hardly a category in our overly complicated lives where brands do not play an important role – one far more important than we are perhaps willing or able to admit. It’s a bit like art. We can all say whether something appeals to us, but it is far more difficult to say exactly why.
Dan Adams of the Daniel Adams Company says a brand “…is a set of ideas and associations that exists in the mind. A product or service exists only when we see it, or use it. If hearing the name, or seeing its symbol triggers a set of associations, it is a brand. Otherwise it’s just a product.
“My idea for an alternative model for social and economic development is very simple,” says Shad Moarif, an educationist of international repute who founded READ over 25 years ago. “First, all NGO’s committed to socio-economic development will have to engage the private sector. These should include homegrown corporate entities, multinationals and companies set up overseas by the Pakistani diasporas all over the world.” The first group of such companies, says Shad, would consist of social entrepreneurs. Admittedly, only a small number among them could be called social entrepreneurs. They will need to agree on three fundamental principles:
Ever wonder why Pakistan cricket is always in such a mess? Well, the reasons are too numerous for a short article such as this so we’ll look at two key positions– the captain and the coach.
We corporate-wallas are familiar with all the leadership mantras that come our way on a daily basis and so we know that the critical attributes required to run cricket affairs are sorely lacking. Almost without fail, the captaincy goes to the ‘senior-most’ player, whether he has the capability or not.
Many people believe that creativity is inborn and only a chosen few are creative. While it is true that creativity is inborn, it is not true that only a chosen few are creative. Everyone is born creative. In the process of growing up, educating yourself and adapting yourself to your environment, you slowly add blocks to your creativity and forget that you had it in the first place. The difference between a creative person and a person who is not so creative is not in the creativity that they were born with but in the creativity that they have lost. How can you enhance your creative ability? One possible way is to observe the habits of creative people, identify the ones that you feel will work for you and then make a plan to cultivate them. Here are 16 habits of creative people. If you cultivate some of them, you will feel an increase in your level of creativity. In the process, you will also feel tickled by life!
Understanding the heart of leadership communication – and being able to effectively manage ‘emotion- driven' communication – is a key to leadership success today. It is fundamental to what we now call Emotional Intelligence.
I’d like to tell you about two boys in a schoolyard. These boys had a dispute, as schoolboys - and girls - can do. One of the boys wanted to play the game one way and the other disagreed; he wanted to play it his way. One of the boys said something about the other boy which then upset the other boy and so there was a certain amount of verbal retaliation before they took it to the next level - and stopped talking. Now,
I occasionally still get requests that read like this: "Senior team wants to do a two day session in location x. Please send outline, confirm availability and fees." My stock response, "Any so called professional who responds to this on the face of it should be immediately disqualified from consideration!"