Kiran Jonnalagadda

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Geek Heresy: Resc...
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read in October, 2018
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Kiran Jonnalagadda is now friends with Uttam Jaiswal
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Geek Heresy by Kentaro Toyama
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Willpower by Roy F. Baumeister
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How the BJP Wins by Prashant Jha
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More of Kiran's books…
“Well, there are ways and ways of getting your hands on the small shareholder’s cash. Consider Suzuki’s way: it takes a large amount of money out of Maruti Suzuki and sends it to itself in Japan—but not as a dividend, which all the minority shareholders would have to examine and agree with, but as ‘royalty’ for using the Suzuki name. You think anyone still buys a Maruti car because of the Suzuki name? Maybe one or two people—enough to justify Rs 2454 crore going off to Japan in 2012–13? Thought not. Just to rub it in, do note that the amount that Suzuki ‘earned’ from the rights to its storied name in India was more than the conglomerate’s entire profits for that year in Japan, Rs 2402 crore. For that matter, the royalty was also higher than Maruti’s own profits, of Rs 2392 crore. One begins to suspect that the company is overpaying.”
Mihir S. Sharma, Restart: The Last Chance for the Indian Economy

“Rakesh used to say, ‘In a start-up, either you are close to the customer, or close to the product.”
Kashyap Deorah, The Golden Tap: The Inside Story of Hyper-Funded Indian Startups

“The name ‘JSW’, you will note, is not particularly imaginative. Nor is it the kind of thing you would imagine is incredible intellectual property. Yet, in 2014, JSW Steel told shareholders that it would pay Rs 125 crore a year to a firm entirely owned by Sajjan Jindal’s wife, Sangita. In return, Sangita Jindal would graciously permit her husband to use the ‘JSW’ acronym, which JSW Steel insists her company, JSW Investments, owns.”
Mihir S. Sharma, Restart: The Last Chance for the Indian Economy

“India is a land where contradictions will continue to abound, because there are many Indias that are being transformed, with different levels of intensity, by different forces of globalization. Each of these Indias is responding to them in different ways. Consider these coexisting examples of progress and status quo: India is a nuclear-capable state that still cannot build roads that will survive their first monsoon. It has eradicated smallpox through the length and breadth of the country, but cannot stop female foeticide and infanticide. It is a country that managed to bring about what it called the ‘green revolution’, which heralded food grain self-sufficiency for a nation that relied on external food aid and yet, it easily has the most archaic land and agricultural laws in the world, with no sign of anyone wanting to reform them any time soon. It has hundreds of millions of people who subsist on less that a dollar a day, but who vote astutely and punish political parties ruthlessly. It has an independent judiciary that once set aside even Indira Gandhi’s election to parliament and yet, many members of parliament have criminal records and still contest and win elections from prison. India is a significant exporter of intellectual capital to the rest of the world—that capital being spawned in a handful of world class institutions of engineering, science and management. Yet it is a country with primary schools of pathetic quality and where retaining children in school is a challenge. India truly is an equal opportunity employer of women leaders in politics, but it took over fifty years to recognize that domestic violence is a crime and almost as long to get tough with bride burning. It is the IT powerhouse of the world, the harbinger of the offshore services revolution that is changing the business paradigms of the developed world. But regrettably, it is also the place where there is a yawning digital divide.”
Rama Bijapurkar, We are like that only: Understanding the Logic of Consumer India

Marie Kondō
“I currently offer a course for clients in the home and for company owners in their offices. These are all private, one-on-one lessons, but I have yet to run out of clients. There is currently a three-month waiting list, and I receive enquiries daily from people who have been introduced by a former client or who have heard about the course from someone else. I travel from one end of Japan to the other and sometimes overseas. Tickets for one of my public talks for housewives and mothers sold out overnight. There was a waiting list not only for cancellations, but also just to get on the waiting list. Yet my repeater rate is zero. From a business perspective, this would appear to be a fatal flaw. But what if no repeaters were actually the secret to the popularity of my approach?”
Marie Kondō, The Life-Changing Magic of Tidying

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