Strategies which led to success!
Dear CEans,
In a friendly discussion with fellow member Manish (a.k.a goyal420), we were talking about the importance of engineers to know more and more about strategies, especially business strategies. At-least knowing them (if not doing MBA) will be an asset for the engineering career. So, we thought, why not create a separate thread for this purpose? Why not let us all share whatever knowledge we have, novice or expert ones! We all know the fact that we have a good amount of MBA engineers here! So, lets start this thing and lets keep moving!
Let me start with something which has happened in India a few months before!
For the first time, an Indian company showed its interest in expecting very less from its customers in a particular field. They charged the customer for just what they used, they brought out the pay per second plan for mobile usage. Tata Docomo. The best example to the Vedic saying "Don't think of results, just do your work, expect nothing, just do it." And look what they have achieved! They made a big hit in record time, and now, everyone's just following their idea, just to stay up and save their faces in the market!
Please comment on this one and do correct me. And please bring out the ideas and strategies which you have seen, heard.