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180 Degrees Consulting DDUC brings to you this new episode wherein we will be looking at how an existing business adapted to the circumstances brought about by the pandemic and emerged as a winner.
There are no secrets to success. It is the result of preparation, hard work, and learning. And the story of Amul very well explains it.
The cooperative was formed in 1946, as a response to the exploitation of marginal milk producers by traders and agents in small cities, today, is a household name offering a wide range of diaries and dairy-related products. When the pandemic struck and the lockdown was announced, though the dairy sector was allowed to operate with certain restrictions as milk comes under the category of essential goods, it faced a number of hurdles in the way.
Listen to our consultants Garvit Nandwana and Mayur Virodhiya and follow our podcast for more such updates !!
Welcome to the new series of Consulting mix, " Businesses surviving during Pandemic" and its brand-new episode "How Zepto Boomed during Pandemic".
"It is rightly said that every crisis can either be seen as an obstacle or as an opportunity to get ahead of the competitors", the Business Model of Zepto looks inspired from this. Zepto, The Mumbai-based startup operates on a Hub and Spoke model and promises grocery delivery in 10 minutes through a network of dark stores and micro warehouses, catering exclusively to online shopping.
Listen to our consultants @Garvit Nandwana and @Prerna Bhola on how Zepto scaled up its "10 Minutes Delivery Model" in Pandemic.
“Telephone did not come into existence from the persistent improvement of the postcard.” This quote by Amit Kalantri perfectly sums up what disruptions in markets are about.
"Delta 4 theory" It is coined by the esteemed founder of Cred and Free charge, Kunal Shah. And it can be used as a framework to evaluate new disruptions in the market. According to him, humans are always looking for more efficient ways to get things done. All inefficient processes are a thing of the past and all efficient things lie in the future. Markets get disrupted when businesses help humans become more efficient.
Listen to this brand-new episode of Consulting Mix and follow for more !!
Credits : Anuj Pahuja & Shashwat Saini
If you could choose to be a fox or a hedgehog, which would you rather be?
Frankly anyone would like to be a fox. After all, foxes are beautiful, sleek and cunning. On the other hand Hedgehogs, are small, prickly creatures quite the opposite to slow, quiet and plodding.
But if we talk about business, it pays to be a hedgehog rather than a fox.
Are you wondering what we’re talking about . We’re talking about the hedgehog concept .
The Hedgehog Concept is based on an ancient Greek parable that states, "The fox knows many things, but the hedgehog knows one big thing."
What's that one big thing ? Tune with us for this podcast and get to learn more !!
Do you remember your vacation, what do you remember? Perhaps you remember a beautiful view or a tragic event. Whether the memories are happy or miserable, your overall impression of your last vacation is likely featured by a few particularly strong moments.
The peak-end rule is a cognitive bias that impacts how people remember past events. Intense positive or negative moments (the “peaks”) and the final moments of an experience (the “end”) are heavily weighted in our mental calculus.
We remember experiences in our lives as a series of snapshots rather than a complete catalogue of events. Our minds quickly average the moments that most stand out in our memories to form our opinion of the past. The most emotionally intense points of an experience and the end of that experience are heavily weighted in how we remember an event.
Follow our Podcast for more such interesting episodes !!
"Don't you think that you have overestimated the effect of a technology in the short run while underestimating its effect in the long run".
180 Degrees Consulting DDUC Welcomes you all to the inaugural episode of its podcast -- Consulting Mix.
Our first episode is all about the quote you just read, "Amara's effect". Amara’s Law was created by the late Roy Amara, a scientist, and president of a California think tank. It states that we tend to overestimate the effect of a technology in the short run, while we underestimate the effect technology will have in the long run. We see this all the time when new things come onto the market. When laptops, smartphones, or even social sites like Facebook jumped onto the scene, many pushed to incorporate them into their businesses without really considering what they would do for the bottom line. And if you implemented it without seeing the true benefit, it quickly overshadowed its true potential.
We'll be eventually covering more such interesting and rarely known concepts in our next episodes.
Stay Tuned!! :)
Credits : Lavanya Puri & Robin Ahuja
The podcast currently has 7 episodes available.