choices – Karthik Shashidhar

arbit, business, work assumptions, bureaucratic hassles, choices, class participation, fundamental difference, inertia, priors, scrutiny, switching costs, trivial change

Priors and posteriors

March 30, 2011

There is a fundamental difference between version 1.0 of any thing and any subsequent version. In the version 1.0, you usually don’t need to give any reasons for your choices. The focus in that case would be in getting the version ready, and you can get away with whatever assumptions you want to feel like.…

business, fundaes, IIM, studs and fighters choices, common sense, first class, guest faculty, initial stage, innovation, insight, jargon, job, pioneer, ritesh, stud

Fighterization

January 13, 2009

The story begins with this slightly old blog-post written by Ritesh Banglani, a guest faculty at IIMB. Banglani writes: In the first class of my course at IIM, I asked students a simple question: What is strategy?. The most interesting response came from a rather cynical student: “Start with common sense, then add some jargon.…