Startup Wisdom
I read a very thought provoking essay by C.K.Prahalad, a respected management guru, in the recent issue of SiliconIndia (in print edition, this story is not online, otherwise I'd point to it) about corporate re-engineering to meet the challenges of true globalization. The author calls for systematic re-organization of products and services to meet the needs of the poor in countries like India, China, and Brazil. This is a brilliant strategy for large corporations, but a true eye-opener for startups.
Some ideas from the article are contained in this document -- The Bottom of the Pyramid (pdf document)
BTW, SiliconIndia.com and Garage.com have been sending me e-mails selling seminars on How to Go Public. Are these guys out of touch? or desperate for any kind of revenue? The former even has a seminar on How to Get out of a Startup. Reminds me of the movie Breast Men -- the doctors first make money by implanting silicones, then make money by removing them.
