Saturday, December 20, 2008

e choupal news : Dec 2008

I could not but admire that rural shop keeper : He was handling so many skus : branded , unbranded , loose and packed in a small dingy shop with no visibility of inventory ( But.. He had all data in his super computer brain ) , and mutiple trading and customer accounts with varying payment period and methods ( barter / cash ) , installments .

It is a interesting management lesson that ownership makes business simple : he explained to me how a child learn complex things like walking , talking etc.. . It takes time initially but if the child wants to do it over a period of time he performs all the function without realising he is doing it .

It struck me like a bullet : Yes we read so many management theory , but this one was " Straight from the GUT" .