How ‘Zerodha’ Used Technology to Disrupt the Indian Stock Trading Industry?

In this practitioner-oriented research, we describe how “Zerodha” entered and disrupted the Indian stock trading industry through the use of technology by overcoming the challenges of (1) developing a new business offering that is accessible to all, (2) gaining trust across the community, and (3) fostering and growing their business ecosystem. Our case-based research illustrates how an organization can enter a well-established business area and create value by (1) rethinking the business model, (2) treating technology as a business enabler, (3) empowering the end user, and (4) proactively investing in the business and community. Based on Zerodha’s experiences, we provide guidelines and recommendations for other businesses contemplating to enter and disrupt an established industry by leveraging technology

Relevance of Balanced Scorecard for Performance Evaluation of Selected Indian Corporate Units

One of the hall-mark of leading edge organization- be they public or private has been the successful application for performance evaluation to gain insight into, and make judgments about the organization and the effectiveness-efficiency of its programmes, processes and people. In other words, they use performance measurement for managing their organizations. It is a common practice to evaluate a company’s performance in terms of financial measures like profitability, ROI, EVA. However, survival of company does not depend on financial matter alone. The financial measures alone in performance measurement and control system are inadequate for strategic decision making. There has been growing criticism for financial measures in performance as they are historic in nature and lack futuristic outlook. Their relevance in the information age, when the companies are building internal assets and capabilities, is questioned. The situation might be worse when the firm is compelled to pursue short term goals at the cost of the long term objectives. Manager in practice have learnt the hard way that an unequalled focus on the financial health of the organization results in several irreparable adverse consequences. Managers of successful companies do recognize that the financial measures are after-the-events or lagging indicators of performance which depend on numerous events that would have occurred months or years before and over which they do not have control at present. Thus, Non financial measures are equally important while measuring the performance of business units. Harvard’s Robert Kaplan and David Norton developed an innovative and multidimensional corporate performance evaluation tool known as Balanced Scorecard. The BSC is a useful approach for organizational measurement and improvement. The BSC is performance measurement system using a multi-dimensional scorecard to translate strategy into a balance of financial & non-financial performance measures. So many corporate firms are using the tool successfully throughout world. While in India, the Balanced Scorecard is also getting popularity

Global Positioning: Houqua and His China Trade Partners in the Nineteenth Century

This study unearths the lost world of early-nineteenth-century Canton. Known today as Guangzhou, this Chinese city witnessed the economic dynamism of global commerce until the demise of the Canton System in 1842. Records of its commercial vitality and global interactions faded only because we have allowed our image of old Canton to be clouded by China's weakness beginning in the mid-1800s. By reviving this story of economic vibrancy, I restore the historical contingency at the juncture at which global commercial equilibrium unraveled with the collapse of the Canton system, and reshape our understanding of China's subsequent economic experience. I explore this story of the China trade that helped shape the modern world through the lens of a single prominent merchant house and its leading figure, Wu Bingjian, known to the West by his trading name of Houqua. I demonstrate that a large measure of Houqua's success stemmed from his ability to maintain an intricate balance between his commercial interests and those of his Western counterparts, all in an era of transnationalism before the imposition of the Western world order. The story of Houqua is at once local, regional, and global. Houqua’s business success certainly amplified the economic vitality in Canton. However, this analysis of his business success is less an examination of the Canton system than a study of the impact of an exceptional operator within this system who, through his personal business endeavors, set in motion changes that had ramifications for China’s development and the global system at large. His success in global business illustrates the construction of networks of trust for the purpose of facilitating economic exchange in the advent of an enforceable, unified international system of arbitration. The experience of his successors tells the story of the diverging economic fortunes of global traders operating formerly on equal footing. This is a story not only of an exceptional individual but also of the dynamic setting of transnational business when regional networks negotiated their connections in the emerging modern world.Histor

Small is smart: making micromobility work for citizens, cities and service providers

Màster universitari en Disseny -- Contemporary DesignGaur egun higikortasuna bira erradikala ematen ari da. Mugitzen garen modua ez da ere duela 20 urte, gizartea aldatzen ari den eta harekin bera bere balioak. Ikerketa hau, Master-Amaiera Laneko Diseinuko Ikasketa Aurreratuetan – Bartzelona (MBDesign), bereziki Diseinu Garaikideko lerroan parte hartzailea, gaur egunko erabiltzailearen beharretara, diseinuko erremintaren bitartez, molda daitezkeen hiri-higikortasun kontzeptu berriko bilaketan oinarritzen da. Gaur egun hiri zentruak autoz beteta daude, trafiko ikaragarria sortuz, eta hiriaren zona jendetsuenak ostopatzen. Honek hiritarrei iraganean eragingo dieten hainbat arasoproblema desberdin ekarriko dizkigute; hiriguna masifikatu bat bezala, kutsatutako giroa, ibilde bakotzean denbora galdua… Ikerketa honekin, kasu ideal hipotetiko batean, hiriaren, higikortasunaren eta erabiltzailearen harteko konponbidea proposatu nahi dut. Diseinuko erremintaren, hipotesiaren eta aurkezpen honetarako konponbidea emateko ikerketa jarraituaren bitartez, Bartzelonako ingurunea analizatzea lortu dut, nola eboluzionatzen duen Smart City honek eta nola hiri-higikortasuna ahalegin handiak egiten ditu harengana moldatzen saiatzean. Ikerketaren kasu desberdinen bidez ezinbesteko ezaugarri batzuk ezarri ditut produktuaren garapenerako. Teknologia berriek pauso handietara eboluzionatzen hari dira eta ibilgailuetako aplikazioa jada ikusten hari dira Auto Aretoetan. Garapen hau diseinua, gizartea, teknologia eta ingurunea bat egiten dutenean, etorkizuneko ikerketako hasiera gisa balio lezakeen oinarria izan litzateke.Mobility today is taking a radical turn. The way we move is not the same as 20 years ago, society is changing and with it also its values. This research that belongs to the Master’s Thesis in the Interuniversity Master in Advanced Design Studies - Barcelona (MBDesign), especially in the Contemporary Design line, is based on the search for new concepts of urban mobility that can be adapted to the needs of the user of today, through the design tool. Today, urban centers are crowded with vehicles, creating immense traffic and hampering the busiest areas of the city. This brings us different problems that throughout the years will affect considerably all the resident citizens; as a crowded city, a polluted environment, waste of time in each journey ... With this research I intend to propose a possible solution in a hypothetical ideal case of city, mobility and user. Through the design tool, a hypothesis and continuous research to solve this approach, I have been able to analyze the Barcelona environment, how Smart City evolves and how urban mobility makes great efforts to try to adapt to it. Through different cases of study I have established essential characteristics for the development of the product. The new technologies are evolving at great strides and the application of them in vehicles can already be seen in the Auto Showrooms. This development in which one design, society, technology and environment is the basis that could serve as the beginning of a future research for its real approach

Responsible leadership : proceedings of the Corporate Responsibility Research (CRR) 2009 Conference

Huomautus: Teoksella on useita tekijöitäfi=vertaisarvioimaton|en=nonPeerReviewed

Evaluation of the new Design Summer Year weather data using parametrical buildings

The Charted Institution of Building Services Engineers (CIBSE) updated the near extreme weather (Design Summer Year – DSY) for all 14 locations in the UK in 2016. This new release attempts to address the underlying shortcomings of the previous definition where the averaged dry bulb temperature was the sole metric to choose DSY among source weather years. The aim of this research is to evaluate whether the new definition of the probabilistic DSYs can consistently represent near extreme condition. London historical weather data and their correspondent DSYs were used in this research. Dynamic thermal modelling using EnergyPlus was carried out on large number single zone offices (parametric study) which represent a large portion of cellular offices in the UK. The predicted indoor warmth from the sample building models show that these new definitions are not always able to represent near extreme conditions. Using multiple years as DSY is able to capture different types of summer warmth but how to use one or all of these DSYs to make informed judgement on overheating is rather challenging. The recommended practice from this research is to use more warm years for the evaluation of overheating and choose the near extreme weather from the predicted indoor warmt

The Internationalisation of Emerging Market Firms: A Study of the Indian Service Sector

This study investigates the motives for and favoured investment modes of internationalisation of Indian services sector firms. Further, this study examines capabilities and resources and how companies deploy these in international markets. This entails understanding how the companies adapt to host markets and the mechanisms which trigger dynamic capability adoption. Finally, this study analyses the effects of the external market on their internationalisation motives. This study’s relevance is significant given increasing investments from emerging and transition economies, which form a third of global investments today compared to less than ten percent two decades ago. This coupled with the notion that emerging market companies lack the pre-existing capabilities required for internationalisation, is probed in this study. Internationalisation theories have been sourced from a western context based on developed market companies’ investment into other developed or emerging market countries; in this context, this study provides evidence of a subaltern view in reference to the internationalisation of emerging market firms. The empirical material consists of five Indian service sector firms with significant international presence in the Information Technology, Telecom and Hospitality service sectors. The research adopts an interpretivist cum constructivist approach to understanding their internationalisation motives using a qualitative exploratory case-study based research method. Data was collected in the form of semi-structured interviews (elite interviews) with the decision makers of the companies under study. This was supplemented with email questionnaires from former employees who had worked in overseas locations. This was further supplemented with secondary data towards reliability and triangulation purposes. Findings from this thesis illustrate that the firms studied are heterogeneous in nature about their internationalisation motives. There is divergence in managerial learning across host markets in the adaption of internationalisation for the creation of competitive advantage. In analysing the internationalisation motives of these companies, this study extends the existing theoretical understanding behind the concept of multinational companies. This study also makes a theoretical contribution towards the understanding of fast capability acquisition by Indian service sector firms towards rapid internationalisation while developing a competitive advantage in foreign host markets