Karthik Margabandu

An insurance consultant and a wannabe economist. Wanderlust and Foodie

31 Followers | 50 Following

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Karthik Margabandu

1 day ago

Blockchain is perceived to be a solution that addresses middle man dependency, transparency also ensuring privacy, etc. While the technology does pose benefits, the damage to the environment is significant. The pros do not outweigh the cons when all people are doing is using the cryptos to make Fiat money. Ridiculous!

Bitcoin is consuming as much energy as the country of Ireland

theoutline.com

Karthik Margabandu

12 days ago

Structuring a new social program can be extremely complex. If only public policy implementation adopted agile practices to launch MVPs and adapt the policy accordingly, the cost of implementation could be lesser. UBI will be the new buzz word in a couple of years time and it’s important that we understand what this can do and the limitations so that we are in a better position to implement.

The Paradox of Universal Basic Income

wired.com

Karthik Margabandu

19 days ago

Leadership can be of different types and the one that involves the leader to get their hands dirty to solve problems and thereby inspire others in the process is the definitely the lasting one.

The Power of Leaders Who Focus on Solving Problems

hbr.org

Karthik Margabandu

19 days ago

Something that most of the organisations lack these days - fairness in performance management. A performance management can be fair and effective only if the one who’s doing it is smart and knows the domain and the employee really well. And organisations lack good managers or leaders resulting in bad implementation of the performance management system

The fairness factor in performance management

mckinsey.com

Karthik Margabandu

20 days ago

The framework to understand risk and probability of outcomes in the future is rather simple in theory but an application of the same to base our decisions is complex. Imbibing the way of thinking that future is not binary but a distribution of uncertain decisions with a risk associated with each can help us make informed decisions. Still doesn’t remove the risk altogether.

The Probability Distribution of the Future

fs.blog

Karthik Margabandu

23 days ago

Power of networks in marketing - exhibit A : Micro Brands.

Attack Of The Micro Brands

medium.com

Karthik Margabandu

24 days ago

Cognitive diversity in problem solving is becoming the new buzz word. Cognitive diversity is nothing but having people working together bringing in different perspectives, giving constructive feedback, quantum think a particular solution in all angle. Psychologists say that cognitive diversity should have more emphasis than ethnic or gender diversity. In the end the mind is just one and the way this intellect gets displayed is what gender and ethnicity brings about.

Teams Solve Problems Faster When They’re More Cognitively Diverse

hbr.org

Karthik Margabandu

26 days ago

Take on Data Warehousing and where organizations are currently going wrong. A cultural revolution on data is underway and clearly many aren't ready. 

#Data #Strategy #Agile #Analytics

Road to Data Warehousing — Getting your data right

medium.com

Karthik Margabandu

27 days ago

Strategy is not actions but a journey that one undertakes in different dimensions to reach their objectives thereby positioning themselves in a manner they want to against competition or the industry. The holistic view of the journey is important.

Your Strategic Plans Probably Aren’t Strategic, or Even Plans

hbr.org

Karthik Margabandu

38 days ago

Today, technology is powerful than the Govt and here we have a company that is core tech and innovation trying to be the Govt. FB is extremely powerful and the communities formed there can make or break anything. Zuckerberg needs to be proactive to advocate democratic measures that aren’t just an eyewash in order to make a true impact. The beauty of FB is in the boundary-less communities this is to be preserved and made constructive.

Mark Zuckerberg runs a nation-state, and he’s the king

vox.com

Karthik Margabandu

39 days ago

Loyalty is bought where as needs are met. There is a big difference between the two and together the businesses must strive to stay relevant and meet the needs proactively which effectively builds a good and loyal customer base. The fundamentals of loyalty program is dependent on the company to anticipate needs and stay relevant.

Marketers Need to Stop Focusing on Loyalty and Start Thinking About Relevance

hbr.org

Karthik Margabandu

42 days ago

Evan Williams sets the bar too high. Medium has done remarkably well in getting really good content out there. Their membership model is definitely worth the investment. With some new targets, the desired future state looks solid.

The Medium Model

blog.medium.com

Karthik Margabandu

43 days ago

Allibaba has got the Chinese retail market sorted. The innovation and experimentation is way more than Amazon or other retailers around the world. Amazon couldn’t monopolise the US market the same way Alibaba did in China and hence took a global stance. Only a matter of time Alibaba thinks scale.

The future of retail is happening right now in China

qz.com

Karthik Margabandu

44 days ago

It’s difficult to take over a company that’s in the middle of a public relations turmoil and drive the same efficiency as before. At a stage like this when Uber is unable to monopolise the ride sharing market across the globe like Google or FB in their respective domain, prioritising the right things is of paramount importance. Should Uber save face or pursue the markets aggressively. A mix of both is needed simultaneously and Khosrowshahi is setting things up well.

At Uber, a New C.E.O. Shifts Gears

newyorker.com

Karthik Margabandu

44 days ago

It’s extremely difficult to put up with the volume of information out there. True learning can happen only when there is equal amount of unlearning and the half-life analogy is apt to make us realise how much continual effort is needed.

Half Life: The Decay of Knowledge and What to Do About It

fs.blog

Karthik Margabandu

50 days ago

Regulators across the world have been pushing back with plenty of Governance measures just so that companies can imbibe a culture that does not tolerate misconduct and at the same time takes measures that are well within their Risk Appetite. For some, regulatory reporting has become a pain/burden. A new organisational approach is needed to reduce instances of misconduct - investment in cultural capital.

The Economics of Why Companies Don’t Fix Their Toxic Cultures

hbr.org

Karthik Margabandu

51 days ago

Too much distractions and too little time thinking or retrospecting. Welcome to the world of on demand and good bye patience. We might be getting good with gadgets and way of living but only to lead depressing lives.

The End of Reflection

nytimes.com

Karthik Margabandu

52 days ago

Germany’s regulations may cause its industrial money to be wiped out soon. It’s time that Germany pressed the accelerator on technology and innovation and ensure they have ample companies at home driving this with the big industrial companies like BMW, Bosch etc.

Why Germany needs to accelerate into the digital fast lane

amp-ft-com.cdn.ampproject.org

Karthik Margabandu

52 days ago

Investments in technology and innovation must be accompanied by a thought of how these would fit in the business model thereby addressing customer needs in a hassle free manner. Just the investments would not suffice!

Why So Many High-Profile Digital Transformations Fail

hbr.org

Karthik Margabandu

53 days ago

A beautifully written post on what it takes to unravel a complex story for anybody to understand and no body does that better than Tim Urban. Tim’s ethics are to be admired; flicking through thousands of articles/papers, spending a considerable time understanding, spinning a tale with a structure and chronology. In the end, his outputs have been nothing short of brilliance.

Wait But Why’s Tim Urban on Parsing and Transmitting Complex Ideas

firstround.com

Karthik Margabandu

58 days ago

Distractions and unnecessary governance can impact the pace of the work and at the same time lead to minimal productivity. It’s important to say ‘No’ to ensure progress.

Understanding Speed and Velocity: Saying “NO” to the Non-Essential

fs.blog

Karthik Margabandu

58 days ago

Beautifully written

A close shave in Turkey

1843magazine.com

Karthik Margabandu

59 days ago

Board games are awesome. Bringing bunch of people together and making them focus on a shared reality in the digital age is magic. Also helping in strategic and analytical thinking at the same time ensuring fun.

Playing board games can make you a nicer person with better relationships

qz.com

Karthik Margabandu

61 days ago

Everyone needs motivation and it can be intrinsic or extrinsic. Research tells better ways to get both. Behavioural science is key.

The Science-Backed Reasons You Shouldn't Share Your Goals

blog.trello.com

Karthik Margabandu

62 days ago

Data Science or any BI project needs to cater to the customer needs. In the end the development and consumption is all about the underlying business problem. The intersection of Math, Business, Technology, Design Thinking and Behavioural Science is the true skill that one must possess today.

What Happens When Data Scientists and Designers Work Together

hbr.org

Karthik Margabandu

62 days ago

M&As are always an economic and political battle between multiple parties. While the two parties in the transaction are incentivised, the implications are for the wider group. Broadcom has been persistent in acquiring Qualcomm in order to be the World’s largest semi-conductor company; a move that doesn’t seem to stand well with the Trump administration, the Chinese Govt and the Singapore Govt

The incredible multi-dimensional chess of Qualcomm vs. Broadcom

techcrunch.com

Karthik Margabandu

65 days ago

Design is just a buzz word. In essence all of us have the principles of design embedded in our day to day work - be it creating a new spreadsheet or a wireframe/report or presenting results of a quarter with appropriate articulation. The ultimate goal is to sustain and reach diverse broader group. How we do it - some say with the right strategy and some say with the right design. Design cannot be isolated.

What Design Chiefs At Uber, IBM, And Microsoft Care About In 2018–And Why

fastcodesign.com

Karthik Margabandu

66 days ago

Or the reason why Americans don’t often go to hospitals are because they are convinced that healthcare is expensive and a majority of them are confused on what their insurance pays for especially with a lot of bills around Obamacare and Trumpcare. The context is what that gives any tale based on numbers a good narrative.

Why Is U.S. Health Care So Expensive? Some of the Reasons You’ve Heard Turn Out to Be Myths

nytimes.com

Karthik Margabandu

66 days ago

Happens more often that what we think. Most of our decisions are predictably sub-conscious and companies out there take advantage of this. It’s time we learn where our bias leads to wrong decisions and start acknowledging more of it.

Distinction Bias: Why You Make Terrible Life Choices

nirandfar.com

Karthik Margabandu

66 days ago

The incentives work both ways. Companies that are carrying out space expeditions are advocating benefits of humankind which is the social incentive. While at the same time, they want to colonise mars and capitalise on the things/resources they find in outer space which would make them rich thereby adding to the personal incentive.

The legal battle to colonize Mars

theoutline.com

Karthik Margabandu

69 days ago

The company may have failed but it thrived at the time when other big companies were scraping the surface and most importantly showed American people hope and nurtured creativity; the irony being the lack of the very same thing that it nurtured that made it spiral down.

When Groupon ruled Chicago

theoutline.com

Karthik Margabandu

69 days ago

Hypocrisy and desperation at its height. While the world was moving towards ‘on-demand’, Tinder & other swipe dating apps were the answer to on-demand dating but dating seldom works that ways.

What Happens When a Married Woman Goes on Tinder?

thecut.com

Karthik Margabandu

72 days ago

From now on, the distinguishing factor between those who win elections and those who lose them will be how a candidate uses that data to refine their machine learning algorithms and automated engagement tactics. Elections in 2018 and 2020 won’t be a contest of ideas, but a battle of automated behavior change.

The Rise of the Weaponized AI Propaganda Machine

medium.com

Karthik Margabandu

74 days ago

With great power comes great responsibility. The parole board is a very important position and it needs oversight for they hold the chance of being able to change someone’s life.

The false hope of parole

theoutline.com

Karthik Margabandu

75 days ago

A small but powerful move towards a better schooling for the kids. Entitlement is the biggest source of problem. Entitlement can lead to different behaviours - Bullying, Feeling lonely, distant etc. Identifying and changing these behaviours at an early age is of utmost importance. Lack of active participation by the teachers is the single most biggest problem in our education system these days.

One teacher's brilliant idea to stop school shootings has nothing to do with guns

businessinsider.com

Karthik Margabandu

81 days ago

Reading is an art form that everyone needs to cultivate. It has numerous benefits

The Reading Brain (Why Your Brain Needs You to Read Every Day)

medium.com

Karthik Margabandu

81 days ago

Badging is a nuisance. The volume of junk around us has increased significantly that notification free life is peaceful. It’s time for phones are designed to cater to that.

How Tiny Red Dots Took Over Your Life

nytimes.com

Karthik Margabandu

83 days ago

Facts presented in different way and different order leads to drastically different perspectives. We always have assume the superior role when it comes to critical reasoning or arguments often failing to understand the alternative. An open mind with a strong adoption of appropriate mental models can take us closer to looking at the world in an objective manner.

Latticework of Mental Models: Naive Realism

safalniveshak.com

Karthik Margabandu

85 days ago

Drucker lays it down well. In essence preaching the ABCs of Stoicism. Time is the most important asset that’s truly ours and it’s upto us on how use that. Purposeful abandonment is important in order to use it well.

Peter Drucker: The Rules of Effectiveness

medium.com

Karthik Margabandu

86 days ago

The wars are being fought on the cloud as enterprises are running behind the adoption. IBM’s business model is doing wonders with a bundled PaaS, SaaS and consulting services. Constant experimentation and innovation is the key in this space and Google being an incumbent with huge capital to invest can be a game changer.

Why Microsoft Is Ruling The Cloud, IBM Is Matching Amazon, And Google Is $15 Billion Behind

forbes.com

Karthik Margabandu

87 days ago

Problem solving and fire fighting has become an integral part of everyone’s life these days. It’s important to understand what is controllable and spend efforts and energy on just that.

How Leaders Can Keep Their Cool in a Crisis

hbr.org

Karthik Margabandu

87 days ago

While the obsession with data has lead to quantification of the learning outcomes, these tests/surveys miss the context. Tracking learning outcomes has become a cosmetic measure for the schools to appear good. The learning outcomes must be altered so that it takes into account the context of who the students are - their social-economic background, their access to opportunities etc. Only then can the behaviour of learning lead to the outcomes that is expected.

The Misguided Drive to Measure ‘Learning Outcomes’

nytimes.com

Karthik Margabandu

87 days ago

It’s a vicious circle. Population ageing -> Increased automation and adoption of AI -> Economic Inequality-> Adopters of AI and Automation reaping the benefits -> People out of jobs -> Economic Inequality.

The Real Threat of Artificial Intelligence

nytimes.com

Karthik Margabandu

89 days ago

Looking at the gun control from a doctor’s perspective. This is just devastating. While we are hoping for reduced gun ownership, Trump is aiming to put more guns out there with an absurd idea of arming the teachers. Gun control in United States is a public health issue.

What I Saw Treating the Victims From Parkland Should Change the Debate on Guns

theatlantic.com

Karthik Margabandu

89 days ago

The future of the world is in understanding science and irrational behaviours. Countries around the world must rely on R&D for humanity to make great strides. Having said that it’s also important to understand and differentiate guided research and serendipity.

China’s great leap forward in science

theguardian.com

Karthik Margabandu

90 days ago

A good article on the alarming effects of climate change and how sophisticated techniques from attribution science has helped establish causal links between the fossil fuel producing companies and the repercussions. However, this is still being looked at as a zero sum game. Initially these companies are going to protest but in the end pay up some company to reduce the negative sentiments. With the repercussions rising at an alarming rate, there is no talk about improvements or sustainability. Exploiting the natural resources to make trillions to only pay couple of million as penalty is a slap on the wrist. Rather these investments ought to be spent on research for tackling climate change.

If climate change wrecks your city, can it sue Exxon?

theverge.com

Karthik Margabandu

91 days ago

IKEA is a good example of how quick and smart reactive decisions can be a good turnaround. Creating a company and scaling it is extremely challenging and IKEA has done it good - established a sustaining culture. Not a typical text book approach but worthy of a business case study.

IKEA’s Success Can’t Be Attributed to One Charismatic Leader

hbr.org

Karthik Margabandu

91 days ago

Just do it. We spend a lot of time at the idea of the task than the task itself.

The Most Clever Life-Hack I’ve Ever Learned

medium.com

Karthik Margabandu

92 days ago

Age old. Very intuitive and yet we don’t end up following these fixes.

How to Fix the Most Soul-Crushing Meetings

hbr.org

Karthik Margabandu

96 days ago

This is one of the most open ended debate one can find. There has been a lot of talk about resource constraints on our planet but time and again it has been shown that we have tackled it with wildest of discoveries for which a lot of money was spent on research. But there is nothing wrong with a fall back plan and Musk’s wildest dream is getting us inches close to that. While it’s a moral question on whether we are wasting money on space explorations, the world’s resources ought to be split so that we tackle the problems here and at the same time research on our fall back options. It’s time we get that maturity and capability considering we have a lot of tools at our disposal to get to that stage with ease.

Why SpaceX Matters

medium.com

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