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As I read this article, I lost myself with Steve Jobs. I, still, remember when I first read about Steve Jobs in iCon. I had heard about Steve earlier but the book made me fall in live with his leadership style. I always hoped that someday I could have made to one Apple Conference and meet this iconic personality, who has so much to offer with his individual presence: management, presentation, leadership, perseverance and many more. As Steve Jobs announced his second indefinite medical leave, Apple shares were bound to take a beating and I feel it should not have surprised many other like me. This post is about analyzing few points that the article tries to address about Steve Jobs and the POWER. As I have consistently mentioned in my earlier posts, we, Indians, are little bad with powers and History has proved it again and again. Most of us have a bad notion of POWER and for us, POWER is just another way to utter sentences like ” Do you know who I am or I am your —————- (You fill in the blanks and bang you are that) and mark your presence without any personal significance. Individuals find ways to stamp their authority everytime.

But lets come back to the article, I am referring to. The first power lesson the article points to is :

“power can result from sheer drive, persistence, resilience, and the ability to tolerate conflict”

Steve Jobs is definitely an inspirational figure for the above lesson. I agree with the author when he mentions that Jobs persisted, sticking with his same focus on the user interface, his fundamental vision of ease of use and cool design, but also learned from the setbacks. People who would have seen “Pirates of Silicon Valley” would know the history that Apple was once written off the radar and so does Jobs. But he held on to his dream and vision only to come back strongly later. Remember his last turnaround, he was sick. The whole world wrote him off, media said Jobs is gone but he again came back only to introduce another killer product – iPad. So hold on and hold tight to your dreams.

The second power lesson the article points to is:

power can come through the projection of an image of strength that may not yet be the reality”

Remember, what apple store has done to various software developers. It has given a platform for enthusiastic software developers to pursue tehir passion yet not only make money but also become famous. Stanford did not think at all to introduce a course in its computer science curriculum that promotes students to develop apple software application as part of its course. Pulse, an iPad application, is the recent success and latest sensation resulting from it. Android and Nokia followed the store concept of success with their own stores. But Apple did it first. So, powerful people project an image of strength and sustainability.

The third power lesson the article points to is:

“likeability is not a prerequisite to power”

Great and the one thing that I personally love the most. It is not necessary that all powerful people are likeable but as a matter of fact, very few are. It is a very well known fact that Steve Jobs is sometimes heavily criticized for his attitude and actions. One of the example that the article cites is a prime example: “Being Steved”. Being Steved is the official term for Apple employees getting fired by Steve Jobs. In the incident mentioned in the article, when the employee was packing up his things after getting fired by Steve Jobs, Steve Jobs comes by and inquires. And says, you are re-hired. I have personally heard of stories about people who were fired by Steve Jobs only to leverage on the opportunity of getting fired by Steve Jobs to make it big in their life.

Bottom line is: Apple is a success and a lot of its credit goes to Steve Jobs. He is a visionary person, may not be liked by all but he is a successful figure who knew how to make his own ways. Not to forget, his charismatic presence only puts the tagline that we see on Apple products. Personally, I feel this time the medical leave might last a little bit longer and may be a good strategy for Apple to prepare its successor while the market accepts the change and accepts the new Apple as we love today.

Source Article: http://blogs.hbr.org/cs/2011/01/steve_jobs_a_study_in_power.html

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Ohh yes guys, the IPO of Micromax might hit the Indian market soon. Do you know Micromax? Honestly, I was not aware of this brand unless some of my friends and colleagues bought the mobiles of Micromax. Very few people know and in fact, even I was surprised to know that Micromax is the largest selling mobile handset in India. And the most amazing story of its success is: it has done so in a very short period of 3 years. Today, it is valued at $1 Bn. As far as I have heard about the Micromax from my friends, they say one prefers Micromax because it provided dual SIM support, qwerty interface at an amazingly low cost. Yes, low cost was its selling point and as I have discussed earlier on this blog, no matter what technology you provide and what features you give, we, Indians have just one first question: What is the price? And here is where I feel Micromax is a winner. I was not surprised to know that Micromax has gained its popularity in such a short period of time and captured 5% of the Indian mobile market, as reports suggest.

So, what does it mean to us?

  • Don’t stop dreaming and dreaming big. Remember 3 years back Nokia, Motorola, Samsung and few others were household names. Introducing itself at that time and emerging as the leading player is one of the greatest example of living a life of dreams for Micromax. kudos to all the whole team.
  • Entrepreneurs don’t fear. The believe in themselves more than anyone does. And Micromax proved it with its valuation.
  • Hard work, Focus and Determination are the key to success. Its the combination of all these factors that today Micromax is going for an IPO.
  • Ideas with customers in mind matter the most. I believe what clicked for Micromax is their approach to the Indian market. They just combined the idea of iPhone, cost factor plus the Indian attitude of shifting telecom providers to suit to the cheapest calling rates at that instant of time. Apple did not lunch iPhone in India and when it did, the cost was too high that it could even be anywhere near to success. Blackberry was not in market. And Micromax launched itself at just the right time with the correct attitude.

So, guys keep dreaming and believe in them. You never know when your Idea could be the IPO of the Indian Economy!!!

Sources: http://trak.in/tags/business/2011/01/10/micromax-ipo-stock-markets/

http://micromaxinfo.com/

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