Posts tagged ‘India’

March 3, 2013

Build a School in the Cloud

I have not been more excited than after watching this video. Here is proof of something that I have always known, given the tools and the right questions anyone of us can learn complex, difficult and soul searching answers. Here is my vindication. I have been writing about how kids can learn to code, I am going to say kids can learn anything if we provide them the tools, let them collaborate and give them a lot of love and encouragement, then stand back and watch the magic. They don’t need instructions, they don’t need exams or punishment, all they need is someone encouraging their curiosity. Schools as we know them are obsolete.

Here is a brief description of what Dr.Sugata Mitra has been doing for the past decade.

Source: worldchanging.com

Educational researcher Dr. Sugata Mitra’s “Hole in the Wall” experiments have shown that, in the absence of supervision or formal teaching, children can teach themselves and each other, if they’re motivated by curiosity and peer interest. In 1999, Mitra and his colleagues dug a hole in a wall bordering an urban slum in New Delhi, installed an Internet-connected PC, and left it there (with a hidden camera filming the area). What they saw was kids from the slum playing around with the computer and in the process learning how to use it and how to go online, and then teaching each other.

The “Hole in the Wall” project demonstrates that, even in the absence of any direct input from a teacher, an environment that stimulates curiosity can cause learning through self-instruction and peer-shared knowledge. Mitra, who’s now a professor of educational technology at Newcastle University (UK), calls it “minimally invasive education.”

At TED2013, Sugata Mitra made a bold TED Prize wish: Help me build a place where children can explore and learn on their own — and teach one another — using resouces from the worldwide cloud.

Download the Self Organized Learning Environment (SOLE) Toolkit >>

“Education-as-usual assumes that kids are empty vessels who need to be sat down in a room and filled with curricular content. Dr. Mitra’s experiments prove that wrong.”

Linux Journal

November 8, 2012

Tolerance, Inclusion and Prosperity

Español: Logo AIESEC

(Photo credit: Wikipedia)

I had a bit of a disagreement with Fred Wilson, who is one of my virtual mentors through his blog avc.com. But I think Fred is wrong on this argument. I stand by what Fred wrote in his posts Tolerance and Prosperity and Immigration Reform. I strongly believe we have a number of monsters that run in our heads. We are all xenophobic and neophobic, but we need to rise above that if we are to build a better global community. Even Fred, who lives in New York which is suppose to be the melting pot of the world and a Venture Capitalist, took a stab at “Jobs being shipped to India” stance. It pains me to see this argument. Why do we as human beings always want easy solutions that are not resilient or sustainable? The easiest thing to do is close the borders of every country and make everything behind the closed walls, that way we can create jobs, wealth and what not within the Walled Garden… but is that the world we want to live in? I lived in that world and believe me it was not that much fun. India was a closed economy until about 1991 when the country was broke and had to open its economy to get life blood. We had 2 choices for cars, toothpaste, soaps and chocolates… everything.

I am not saying that having limited choice is bad but I am saying we can do better. Closed systems don’t work, they work for a time but they fail miserably on the long run. I think most Politicians like this closed system because it gives an illusion of control, jobs are created because we have limited demand of jobs and better than limited supply for jobs, so wages become high, we may more in tax et cetra et cetra. The problem with this notion is that it leads to sub-optimal or inefficient results. Closed systems maybe needed when there are huge structural challenges like a War or Technological gap (i.e some companies have superior technology or know how that would squash local business etc), but I believe we are passed that phase and it has been made possible by the Internet. However the old school thinking is actually putting cogs on the wheel of Freedom to Innovate. Brad Burnham, who is the partner of Fred Wilson wrote an excellent piece on his blog with the title “Freedom to Innovate“.

I think the leadership of the 21st century is going to be defined by countries and companies that are driven by leadership that subscribe to the age of Wisdom, as Late Dr.Steven Covey describes in his book The 8th Habit. I want to write against this foolish notion that we need to seek out for a Job, everyone of us is a Job Creator. Lets take the example of a startup, and the entrepreneur who started the venture has created something of value and in order to service those customers who want to utilize the value the startup has to create jobs and when you are in a closed system it leads to people fighting for the same resource and drive up the cost of the value creation thereby making the venture uneconomical and ultimately it fails. This is what I see today in Iceland, everyone that I talk to says that it is hard to find people with skills in Web Design or Programming or Software Development or whatever. I have never found that to be a problem, do you know why? because I take chances with people… I don’t have to have every skills checkbox filled to hire someone because I am totally ok with getting someone on board who has some basic skills and then train them on the job. It has worked very well for all the companies that I have worked for where I had the responsibility to build a team. I found the same attitude in GreenQloud, the company had hired students from Germany, Colombia and Argentina through a program called AIESEC and their Icelandic Chapter. I had a chance to meet Armina Ilea, VP Corporate Development of AIESEC, Iceland and I was surprised to hear that Icelandic startups or companies were not taking advantage of this wonderful program. I plan to use this program to get people from all over the world to come to Iceland as interns work with us and if we are able to make the experience mutually beneficial then they stay back in Iceland and become part of the team. I know a lot of people including Fred Wilson and Brad Feld have lobbied very hard to make it easy for Entrepreneurs and Skilled workers to get Visas to the US. I don’t know why every country does not embrace this philosophy? Yes, I am foolishly optimistic person but I never give up on people because when I don’t they surprise me and go above and beyond what is expected of them. Lets build more tolerance and inclusion and in my humble opinion it will lead to Prosperity not just for those creating the jobs but to everyone in the Ecosystem.

June 22, 2012

Startup Reykjavik

Startup Reykjavik is one of the pieces in the puzzle to transform the Icelandic economy. I was very pleased to see how quickly we were able to get this program going, I am one of the mentors in the program. I started writing about my vision for Iceland and Strategy and Execution of the strategy is happening as we speak. This is the Iceland that I know. People just do things rather than get into an analysis paralysis. There are many pieces to this puzzle. The Startup Reykjavik Website has got a face life so go and check it out. I have had a chance to meet with most of the teams and I see a lot of potential. Given that the program is being run in Iceland for the first time, I believe we will need to talk about what is happening. The Startup list is here, I think this initiative is extremely important piece to help entrepreneurs get started the right way. The Startup Reykjavik organizing team has assembled an impressive mentor list and 2 weeks into the program I hear that all the mentors have been spending time with the teams and guiding them. This is a BIG win for the Entrepreneurial Ecosystem in Iceland. The community participating in building the next generation of teams and companies is the most sustainable path to transforming a region. The next big challenge that we have is to get new investors to bet on the teams that are being mentored out of Startup Reykjavik and other programs like this that are bound to start in other places in Iceland. I have another blog post related to this and Angel Investing, I had an interesting short discussion with the team member who has come all the way from India to participate in Startup Reykjavik. The stigma of Angel investors, I have a very strong opinion that Angel investors should have Intrinsic Motivation to do what they do. Unfortunately, most of the wanna-be angel investors are extrensically motivated. The other interesting point of discussion was the role of Government and Government run programs, I personally don’t think Governments can run programs like this because you really need to take a long term view of the region and the world and you need a long term commitment, unfortunately, most Governments are very short term focused, but Governments are important stake holders in these kinds of initiatives, they can implement policies and develop infrastructure that supports Entrepreneurship and Startups.

May 3, 2012

Leadership is a Choice

Leadership is not a talent or a gift. It’s a choice. It’s not complex, but it’s very hard.”, General Stanley McChrystal explains to a packed auditorium of 600 at the Stanford Graduate School of Business. McChrystal shares his perspective on leadership and influence discussing the importance of understanding culture, leading by example, building trust, and creating a common goal within a team. McChrystal is a four-star general and former commander of U.S. and international forces in Afghanistan. He also served as the former leader of Joint Special Operations Command (JSOC).

The video is 51 minutes long, but is well worth it. One of the common theme in the whole presentation is that its about doing things. Its not management, its leadership. General McChrystal talks a lot about the American Civil Rights Movement, one of whose leader was Martin Luther King Jr. he adopted the strategy of M.K. Gandhi, the father of India. I am big fan of Gandhi, actually I was born on October 2nd the same date as Gandhi. I know, I know I should be old now… coming back to the video at about 23:58, General McChrystal alludes to the American Civil Rights Movement as the most disciplined strategy of non-violent movement that succeeded. I am not sure if that is accurate because the Indian Independence from the British was won through the same strategy. Every movement needs inspirational leaders, Leaders lead and they don’t follow opinion. It is important to involve people and being inclusive. The heart of leadership is Communication, keeping everyone informed, being transparant and open. There is one common theme in all these movements, Truth, I say there is no other way to build relationships. I tell entrepreneurs, you should be prepared to play the truth game, because you cannot fool yourself into building a business. The same is true when you want to lead change. The title of Gandhi’s autobiography is “The Story of My Experiments with Truth”. Just like leadership, live truthfully is very hard, I know I struggle with it everyday and I work very hard to be honest with myself.

In addition to Truth, I want to emphasize the importance of inclusion, General McChrystal gives the example of him being part of a basketball team and he never got to play, the 15 seconds he got he made one shot and still cherishes the perfect 100% shooting record, however he never felt any passion for his team, he could not contribute… that made him just another observer of the team. I think everyone has daily opportunities to be inclusive. Lets strive hard to live by that principle. I am big fan of Dr.Steven Covey, I have written about his work before, Dr.Covey is the author of the book “The 7 Habits of Highly Effective People” and “The 8th Habit – Find your voice and help others to find theirs”. I may have listened to these books about 100 times, and everytime I listen to them I get a pearl of a wisdom out of it. I highly recommend it. Those are books about Leadership.

February 29, 2012

#BMD – Value Propositions

This is the first of the posts on Business Model Design. The topic this post will cover is Value Proposition, it is one of the boxes in the Business Model Canvas. In my opinion defining the Value Proposition is one of the fundamental blocks in building any business. The definition of value has to be clear. Lets consider the example of Auro Investment Partners aka Startup Iceland. When I embarked on this journey almost 3 years back the value I wanted to create was to enable entrepreneurs to achieve their highest potential and goals. Although the fundamental definition has not changed, what is valuable has changed depending on the lifecycle and stage an entrepreneur or the company that we work with is in.

BMD-ValueProposition

BMD-VP

Alexander Osterwalder in the Canvas asks fundamental questions that we need to take the time to answer:

What value do we deliver to our customers?

We deliver speed in capital decision, know-how, networking and physical presence into the US and Indian markets, mentoring and experience in starting, building and scaling companies in the technology and the hospitality business. Characteristic addressed: Speed, Performance, Risk Reduction, Customization, “Getting the job done”,

Which one of our customers problems are we helping to solve?

At the initial phase it is providing the seed and angel funding, followed up with mentoring, advising and help in building  the team, a network and large markets of US, Europe and India. Characteristic addressed: Performance, Risk Reduction, Customization, “Getting the job done”, Cost Reduction

What bundle of products or services are we offering to each Customer Segment?

Our customer segment is broken down into Entrepreneurs in the technology space and Entrepreneurs in the hospitality space. For the customers in the technology space, we provide validation of the business model hypothesis, marketing and sales strategy, operational know how, team building know how and developing the market and customer know how. In the hospitality sector we bring vast experience in developing, managing and running hotels. In addition, we bring experience in advising investors in investing in hospitality business. Characteristic addressed: Customization, Risk Reduction, Performance, “Getting the job done”, Cost Reduction

Which customer needs are we satisfying?

We satisfy the need for early stage capital, mentoring and network development to validate product market fit. We try very hard to build relationships and partnerships that are driven by the principle of win-win. We want to understand and provide value for Entrepreneurs in the entire gamut of business development. We understand it is our previlage to have the opportunity to work with Entrepreneurs and not the other way around.  We want the entrepreneurs who work with us to see the value we bring to the table, if we are unable to justify the value we simply don’t waste the entrepreneurs time. We believe we need to be evaluated the same way as we evaluate the teams and entrepreneurs we work with.

February 25, 2012

Bill Gross @Idealabs

Bill Gross
Bill Gross (Photo credit: jdlasica)

To get a thumbs up for innovation from Bill Gates is nothing to sneeze about. Bill Gross has done just that. Bill Gates just wrote a note about Bill Gross in his Gates Notes. I have been following Bill Gross for as long time now. He is the quintessential ideas guy, he has been doing this since he was a teenager. I wish we had role models like him in India. We were taught that working for the Government was the best job one could get. I still remember my mother urging me to take up a job with the Indian Railways and how that would secure my future with at easy 9 to 4 job! what a concept! anyways, I digress. This post is about Innovation and how to make it sustainable and solve big problems because that is what Bill Gross has created in Idea Labs. There are 5 key things that he outlines in the video and so does Bill Gates. How can we create an environment that fosters these things?

  1. Embrace failure as learning: Employees don’t fear loosing their job if an idea does not work – it allows them to take risk
  2. Bold Ideas are important, but they can fail: Try bold things that have a high chance of not working, its still learning
  3. The market place is not always ready for a new idea: Old ideas that are shelved can come back if a market has changed
  4. Go places where others are too afraid to venture: Get excited about things that are in the white space of what others won’t do – the best ideas come at this intersection
  5. Analyze, Assess and Move on: It takes a dissection of the strengths and weaknesses of all systems, coupled with statistical analysis, to quickly cancel out the ideas that won’t work, in order to land on a completely new idea.
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