Achieve Success With AI

For a growing company joint venture provides one means to grow in a different product line, sector or different geography. It combines the knowledge of joint venture partners in creating a new business opportunity. However, there are other growth ways open to business. In case a business has enough financial resources, it can buy another company altogether. This is called acquisition. Acquisition is the best way to change the growth pattern as it balances specialization and diversification . It is often the best way to bring new competence and new knowledge into business. Here are some recent examples Yahoo has bought Maktoob .com which is expected to help Yahoo to accelerate its strategy of expanding in high-growth emerging markets. Infosys is ready to buy companies in Europe, Latin America, the middle east, Japan and Australia. They are looking at companies serving sectors such as energy and health care ArcelorMittal and Tata Corus are other two examples

Nokia has released a high-end phone running on Linux software. The New N900 model, with cellular connection, touch screen and slide-out keyboard uses a linux version that works well in parallel with symbian in this high-end model. This model uses a processor called ARM's Cortex-A8 processor . Nokia's earlier attempt to use Linux in its " Intenet Tablets" was not able to impress customers. It represents a great step forward for Linux domain as this shows linux's ability fit into many sizes.

A growing business needs expansion into new areas. The opportunities for growing business are always plentiful than the means to realise them. Business must decide what opportunities it wants to purse and what are the steps it has to take to realise that selected opportunity. One of the well known business strategies considered in such situation is joint venture. A join venture, in which two companies combine as partners to found another independent company but jointly-owned third company is often the best way to enter a new market from that of either company. Joint-venture is also a good approach to bring two separate knowledge resources to bear on a new opportunity. For example, in 1981 Maruti Udyog ( Now Maruti suzuki ) was created as a Joint Venture between Indian Government and Suzuki to produce people car in India. The JV produced its first care within 13 months and released to the market. This example shows how technology was brought from another company to serve another mar

Learning has been, still is and will always be an important human activity. What needs to be learnt,how to learn, from where to learn may change over time, and they do, but need for learning remains as long as individuals live and human race lasts. Progress in human society, or evolution as some prefer to call, has always necessitate learning new things, in novel ways and in newer environments (hunting in forests, cultivating lands, building forts to name few). Periodically, the advent of technologies have changed and sometimes altogether altered the very process of learning and have demanded a new category of learning skills. The invention of printing press for instance, made learning from books (as contrast to learning from a teacher in a face to face mode )a possibility in the beginning and a necessity later. A well read man is example of both showing the importance of learning from books and personal achievement. Contemporary technological developments have again changed the learni

Invention is a welcome activity and creative process. The reason for invention is usually necessity and the result of invention may be anything from a simple solution to altogether paradigm shift in very process of business or life. Invention being a creative process needs motivation, inspiration and even examples. One of the best source of inspiration would be surrounding environment including nature. But some times even nature might not have found a most effective manner of doing things: that is not invented best way. For instance, when man wanted to fly in the skies, the immediate inspiration came from birds. Early inventors tried to imitate birds, and their wings in building flying objects - i.e aeroplanes. To design new planes, the European inventor Da Vinci tried to have planes with feathers that flapped up and down. But later experiments found limitations of such wings and redesigned the wings that have no similarity with birds feather. The lesson during invention process is to