"e"xperience sharing

Pareto's principle or the 80/20 thumb rule has undoubtedly been the driving factor for most of the business and personal decisions of one's life, and there's no doubt that adopting this principle people and corporates have achieved a lot. I have learnt, seen, read and experienced this myself and feel that the rule has somehow gained such a lot of substance over years that businesses today without any confrontations have adopted this for their growth. But what sometimes bothers me is that why is this globally recognized model not being challenged, not because it has to be challenged but because I feel that there is a lot of business sense to really find means of increasing the 20% component of this principle. Look at it like this - it's said that 20% of the customers get 80% of your business that means these 20 % of the people have enough purchasing capital and need to being able to consume 80% of your business, but does that mean that it's only these 20% who have th...

While "Apple" the big computer and i-tune giant has never really shunned away from innovation and coming up with some of the most coveted products in last few years, it's becoming more and more difficult to call it's name as just one product wonder. Starting from Mac they have come a long way where the i-phones and i-tunes are doing wonder in the cellular phone market. They lead and the rest of the world follow in any new technology they decide to incorporate into their products. I would have loved to write more about the range of apple products and how each and every of those products in their own way have really changed the market outlook towards that product segment altogether, but to do justice to the Title I would rather shift to the core. While Apple has never really entered into price wars and most of their home and business laptops and PCs are sold at the same price in the retail market or online, but the innovation that they have really brought is by not rely...