Bosses will be bosses

Boss will always be Boss.

Bosses will be bosses !

Boss hidden agenda

The board of directors for a large company, believing it was time for a shake-up, hires a new CEO.

This new boss is determined to rid the company of all slackers and laggards, so on a tour of the facilities during his first day, the CEO notices a guy leaning casually against the wall.

The room is full of workers and he wants to let them all know he means business, and wasting time on the clock is not acceptable.

The CEO walks up to the guy and asks, “And how much money do you make a week?”

A little surprised, the young fellow looks at him and replies, “I make $300.00 a week. Why?”

The CEO reaches into his wallet, hands the guy $1,200 in cash, and screams, “Here’s four weeks pay, now GET OUT and don’t come back!”

Feeling pretty good about his first firing, the CEO looks around the room and asks, “Does anyone want to tell me what that goof-off did here aside from standing around?”

With a sheepish grin, one of the other workers mutters, “That guy delivered our pizza.”

Then there was another Boss !

Boss accomplishment

For thirty years, Mr. J had arrived at work at 9A.M. on the dot. He had never missed a day and was never late.

Consequently, when on one particular day 9 A.M. passed without J’s arrival, it caused a sensation. All work ceased, and the boss himself, looking at his watch and muttering, came out into the corridor.

Finally, precisely at ten, J showed up, clothes dusty and torn, his face scratched and bruised, his glasses bent. He limped painfully to the time clock, punched in, and said, aware that all eyes were upon him, “I tripped and rolled down two flights of stairs in the subway. Nearly killed myself.”

And the boss said, “And to roll down two flights of stairs took you a whole hour?”

Here’s to Another One !

Boss in counting there is strength

This one happened to me.

As a Performer at Peak I was placed for 7 years in a row on the Top of the Board where they plug in the small Alphabets with your initials to denote your Name with ‘P’ and ‘A’ meaning Plan and Actuals to denote Planned Revenues and Actuals for Sales People.

Being on the Top of this chart was a proud privilege until one day, the boss called me. He loosened my initials and said ‘ This is just to make you aware of the stability of your position, even if you are on Top of the Chart ! No one is indispensable ! “

This boss had his training in Recruiting, Restructuring, Re-engineering and Retrenchment recently. It was called HR Program ! :)  This story is from late 80’s when Personnel departments were turning into HR Departments all over the country.

Boos is like a diaper

No wonder – Next year I decided to Quit the Company !

It is indeed true, We don’t Leave companies – We Leave Bad bosses !

Bosses will remain bosses !

below C level

Originally posted on The Mind of RD REVILO:

  • Employment, Means You Failed Entrepreneuring Alone
  • Entitlement, means you can’t make iton your own
  • Homeless, you can’t afford to rent or buy a home
  • Talking, is texting on your iPhone
  • Let’s have fun, Living in this New World
  • Your Life, arounda stranger’s finger, twists and twirls
  • Come on, let’s have fun
  • Living below C level
  • On the run, having fun
  • Laughing, smiling, cruising
  • Through a carnival, ran by the Devil
  • Entertainment, watching the weak, gang up on the strong
  • TV, watching, listening to you, but never turned on
  • Responsibility, means answering to no one
  • Always in a hurry, means never having to worry
  • Employment, means towards the next job you’d better scurry
  • Let’s have fun, Living in this New World
  • Your Life, around a stranger’s finger, twists and twirls
  • Come on, let’s have fun
  • Living below C level
  • On the run, having fun
  • Laughing, joking, cruising

View original 144 more words

Six Principles of Integrity

The Six Principles of Integrity

  • The principles of integrity are simple to explain and understand.
  • They are essential for building and maintaining trust in every relationship.
  • The principles point to the necessity of self-sacrifice. S
  • uch a notion is contrary to our innate desire to satisfy self rather than serving the needs of others.

The Six Principles are:

Success without integrity

1. Respect


Respect earned and offered

  2. Courtesy


Courtesy demand earn respect

  3. Loyalty

Loyalty is returned

Selective friends loyalty

  4. Stewardship

No ownership only stewardshipLeadership is example

  5. Honesty

Being honestHonesty sincerity integrity

  6. Contentment

ContentmentWhat day it is

Term of the Day aggregate

Term of the Day


1. General: Collective amount, sum, or mass arrived-at by adding or putting together all components, elements, or parts of an assemblage or group, without implying that the resulting total is whole (contains everything that should be in it).
2. Construction: Granular mineral material (such as sand, gravel, crushed stone) used with a bonding medium (such as cement or clay) to makeconcrete, plaster, or terrazzo mixture.
Learn more about this term
Usage Example
During a specific period of time the total number of goods and supplies that a nation plans on selling is considered the aggregate supply.

Term of the Day Sarbanes-Oxley Act

Term of the Day

Sarbanes-Oxley Act

A 2002 U.S. federal law which establishes a broad array of standards forpublic companies, their management boards, and accounting firms. It was passed after a series of accounting scandals at Enron, WorldCom and TycoInternational diminished public trust in U.S. corporations, and is designed toincrease corporate accountability. The law established the Public Company Accounting Oversight Board (PCAOB), which oversees the auditors of publiccompanies. Sarbanes-Oxley sets forth eleven specific reporting requirements that companies and executive boards must follow, and requires the Securities and Exchange Commission (SEC) to oversee compliance. also called SOX, Sarbox Sabanes-Oxley, Public Company Accounting Reform and Investor Protection Act of 2002.

Learn more about this term
Usage Example
The Sarbanes-Oxley Act was created in 2002 after a series of insider trading scandals that now requires corporations to be overseen by the Securities and Exchange Commission (SEC) among other reporting specifications.

FinCEN advisory: Financial red flags for human smuggling and human trafficking – The FCPA Blog – The FCPA Blog

FinCEN advisory: Financial red flags for human smuggling and human traffickingBy Richard L. Cassin | Monday, September 15, 2014 at 10:18AMThe Treasury Department’s Financial Crimes Enforcement Network FinCEN issued an advisory Thursday to help financial institutions detect and report suspicious activity that could be related to human smuggling or human trafficking.”Financial institutions, large and small, can play a critical role in identifying and reporting transactions related to these unlawful activities based on their observations when interacting with customers and their monitoring processes,” FinCEN said.The advisory starts by helping anyone understand what the terms “human smuggling” and “human trafficking” mean, and how they’re different.Human Smuggling: Acts or attempts to bring unauthorized aliens to or into the United States, transport them within the U.S., harbor unlawful aliens, encourage entry of illegal aliens, or conspire to commit these violations, knowingly or in reckless disregard of illegal status.Human Smuggling –i Involves persons choosing to immigrate illegallyii Is limited to illegal migration or the harboring of undocumented aliensiii Involves foreign nationals, andiv The crime involves an illegal border crossing or the harboring of someone that illegally crossed the border.Human Trafficking: The act of recruiting, harboring, transporting, providing or obtaining a person for forced labor or commercial sex acts through the use of force, fraud or coercion.Human Trafficking –i Involves the use of force or coercion and the exploitation of victimsii Includes, but is not limited to, involuntary servitude, forced labor, debt bondage, peonage and sexual exploitationiii Anyone can be a victim regardless of origin, sex, age or legal status, andiv There is no need for a person to cross a border to be trafficked; individuals can be trafficked within the borders of a country.     *     *Here’s a sampling of the many red flags for human smuggling listed by FinCEN:Multiple wire transfers, generally kept below the $3,000 reporting threshold, sent from various locations across the United States to a common beneficiary located in a U.S or Mexican city along the Southwest Border.A customer’s account appears to function as a funnel account, where cash deposits often kept below the $10,000 reporting threshold occur in cities/states where the customer does not reside or conduct business. Frequently, in the case of funnel accounts, the funds are quickly withdrawn same day after the deposits are made.Checks deposited from a possible funnel account appear to be pre-signed, bearing different handwriting in the signature and payee fields.Frequent exchange of small-denomination for larger denomination bills by a customer who is not in a cash intensive industry. This type of activity may occur as smugglers ready proceeds for bulk cash shipments.Unexplained/unjustified lifestyle incommensurate with employment or business line.     *     *And a few of FinCEN’s red flags for human trafficking:Transactions conducted by individuals, escorted by a third party e.g., under the pretext of requiring an interpreter, to transfer funds that may seem to be their salaries to other countries.Frequent payments to online escort services for advertising, including small posting fees to companies of online classifieds as well as more expensive, higher-end advertising and website hosting companies.Frequent transactions, inconsistent with expected activity and/or line of business, carried out by a business customer in apparent efforts to provide sustenance to individuals e.g., payment for housing, lodging, regular vehicle rentals, purchases of large amounts of food.Payments to employment or student recruitment agencies that are not licensed/registered or that have labor violations._____FinCEN Advisory FIN-2014-A008 dated September 11, 2014 “Guidance on Recognizing Activity that May be Associated with Human Smuggling and Human Trafficking – Financial Red Flags” is here pdf._________Richard L. Cassin is the publisher and editor of the FCPA Blog. He can be contacted here.

via FinCEN advisory: Financial red flags for human smuggling and human trafficking – The FCPA Blog – The FCPA Blog.

International Business Ethics

International Business Ethics

While business ethics emerged as a field in the 1970s, international business ethics did not emerge until the late 1990s, looking back on the international developments of that decade. Many new practical issues arose out of the international context of business. Theoretical issues such as cultural relativity of ethical values receive more emphasis in this field. Other, older issues can be grouped here as well. Issues and subfields include:

The search for universal values as a basis for international commercial behaviour.

Comparison of business ethical traditions in different countries. Also on the basis of their respective GDP and [Corruption rankings].

Comparison of business ethical traditions from various religious perspectives.

Ethical issues arising out of international business transactions; e.g., bioprospecting and biopiracy in the pharmaceutical industry; the fair trade movement; transfer pricing.

Issues such as globalization and cultural imperialism.

Varying global standards – e.g., the use of child labor.

The way in which multinationals take advantage of international differences, such as outsourcing production (e.g. clothes) and services (e.g. call centres) to low-wage countries.

The permissibility of international commerce with pariah states.

The success of any business depends on its financial performance. Financial accounting helps the management to report and also control the management to report and also control the business performance.

The information regarding the financial performance of the company plays an important role in enabling people to take right decision about the company. Therefore, it becomes necessary to understand how to record based on accounting conventions and concepts ensure unambling and accurate records.

Foreign countries often use dumping as a competitive threat, selling products at prices lower than their normal value. This can lead to problems in domestic markets. It becomes difficult for these markets to compete with the pricing set by foreign markets. In 2009, the International Trade Commission has been researching anti-dumping laws. Dumping is often seen as an ethical issue, as larger companies are taking advantage of other less economically advanced companies.

#169 – Adiós and Thank you – Linkedin Pulse Influencer Platform

Adiós and Thank you Linkedin for Opening up the Linkedin Pulse Influencer Platform for all Bloggers and budding authors who are keen to publish long posts.

On 4th April, I published my first post and since then published 168 which is a run-rate of almost over 1 article per day till 9th September.

Reflecting back on this journey let me begin where it all started. In February, I got admitted to a renowned Heart Hospital in Bangalore for Cardiac issues. After returning home, having been advised Rest, Strict Diet, Fitness regimen and Medicines I received an email to get well from my Respected Guru – Dr. Marshall Goldsmith.

While wishing me to get better, he mentioned that I should observe closely everything happening around me as this is my life-phase of ‘Temporary Sanity’. He said, before Normalcy returns, I should also begin sharing as much as I can – what I have learnt.

Temporary Sanity – The words shook me !

Reflecting deep into their meaning, I realised that all the things that the Doctors advised me to STOP were things I was doing knowingly. I had a problem of ‘Too Much’ or simply ‘A Problem of Plenty’ or ‘Overdoing’ ( Like writing an article a day for Linkedin Pulse ! :) ) .For e.g. Smoking, Drinking, Over-eating, Skipping Lunch, Eating junk food, Peanuts and whatever else ! I was inviting the Double By-pass Surgery. Fortunately, the Good doctors felt they could help me reverse the Heart Disease if I helped myself by following their Sane Advice.

Normalcy will Never be the Same ‘NORMAL’ for me Again !

I enjoyed writing a post every day infact, began drafting and keeping articles for future so that I don’t overload the Readers ( I realised, I had stored over 100 more articles in semi-finished state in ‘Draft’ mode). But then, I realised that this September, Come September – my Test results were showing ‘ Near Normalcy’. I have responded to the treatment, I have allowed myself to be ‘Sane Again’! I have strictly followed the Recommendations of the Doctors and Plus some with the help of my family members who supported me at every step otherwise – leaving 30-40 years of habits is not at all simple. Thank you all.

I had a Professor in my Part-Time Evening Course Management School. He was a Master of a technique called ‘Process Labs’. He had once suggested me to revive my hobby interests some day and begin Drawing and Painting. This month I revived this hobby. I left this in 1965 when I lost my father.

I had great Gurus in Prof. R.C.Bhavsar and Prof. Sachchidanand Nagdeve in School who were passionate teachers and took pains to tell me the Art. The best learning I had was:

‘You may initially spoil a painting, the worst you can as you are leaning and we shall help you restore it , Only caveat is, the transformed painting may not look as what you originally planned to paint, but we guarantee it would be Better and Still Better.”

I humbly reflect back on the past 6-7 months and remember my Gurus and Mentors to think – is this what is happening to me ? I was a turnaround Management artist. I am being transformed, restructured, rejuvenated and Turned around – into Permanent Sanity ? And, sure, by reversing the Heart disease, restoring Health and Normalcy – my life will not be the same as I planned to live earlier. It is getting Better and Still Better. I thank them all for this Transmogrification !

Along the way, my sincere thanks to the Linkedin Pulse team which tolerated me and many like me – the budding authors by giving an excellent Influencer platform on Pulse. It brought me 5674 new followers in a short while. I shall keep writing – but not at the same pace and not at just this platform but mostly on my own blog pages. Linkedin also helped me to enhance my new connections in past 6 months by over 2000 new connections which is great. Nearly 300 people average read my posts here regularly and I hope, I was able to share something useful.

So Adio’s ( as they say in Spanish) Linkedin Pulse – Thank you.

#168 – Strategy: The Maestro Concept and The Inverted Pyramid Technique

The Maestro Concept and the Inverted Pyramid Technique which we discuss today are adapted from Journalism and the NewsPaper Industry.

While formulating Strategy or discussing the Strategy Map creation Corporate Strategists can make use of these.

Let me explain what the concept and the technique are:

A. The Maestro concept is a time management technique used in journalism in order to assist the newsroom work in a project based, teamwork intensive manner by “thinking like a reader”.

The Maestro concept has five points:

  1. Idea-group meetings: meeting of team members to brainstorm story ideas
  2. The importance of coaching writers: editors act as the “maestro” to lead writers through story development
  3. The challenges of hurdling newsroom traditions: avoid the “assembly line” approach to publication in favour of holistic, reader-focused writing
  4. The maestro session in action: a short teamwork exercise to draft the presentation of a story, consisting of three parts – thinking like a reader, picturing the layout, and combining the work of all team members
  5. A lesson in critiquing: “maestro” conducts follow-ups to the story to review the process and its impact
The Corporate Think Tank and Brain-storming meetings , The Management Scribe or the Minute writer, The Chart and Graphics maker, The Analysts, all find a parallel and therefore a role in this Concept which can initially act as a Time Saving Concept First and can benefit the Corporate in many more ways than one.
B. The inverted pyramid technique of journalism writing :

Inverted pyramid inverted technique of journalism writing

  1. Who? A photo or illustration shows the readers.
  2. What? A headline quickly gives reason to the visual.
  3. When and Where? A caption to further engage readers.
  4. The lead follows and eases the reader into the rest of story, summarizing in an inverted pyramid technique the who-what-when-where of journalism writing.
  5. A lesson in critiquing: “maestro” conducts follow-ups to the story to review the process and its impact.

The four-graph approach to

  1. writing,
  2. editing,
  3. photography, and
  4. design is meant to efficiently create an article designed for the reader. The design is partly based on the findings in the “Eyes on the News” study that found readers typically look at photos first, headlines second, captions third, and text fourth. The goal of this approach is to engage the readers by presenting the primary factual information.

Strategy requires a ‘Buy-in’ First from the C Suite itself who then Present it to the Board/ Supervisory Board. The ‘Buy-in’ is also critical from the Executing Team and finally by the different Functions and the workforce to be successful by engaging all the stakeholders with a firm commitment to implement it.

The Maestro Concept and the Inverted Pyramid Technique can facilitate both and make the Presentation of Strategy in a non-complicated, simplified, easy to understand manner to all the relevant stakeholders.

The Maestro concept begins with a “great story idea” that is generated through collaborative idea-group meetings to shape stories before they are written and integrates writing, editing, photography, art, and design.

It is a method designed to improve presentation of important stories through teamwork that brings the story to life and results in high impact and high readership. The Maestro Concept created by Leland “Buck” Ryan, now director of the Citizen Kentucky Project of the Scripps Howard First Amendment Center and tenured associate professor of journalism at the University of Kentucky‘s School of Journalism and Telecommunications.

  • The inspiration for the Maestro concept came from a 1991 Poynter Institute study by Mario Garcia and Pegie Stark called “Eyes on the News”. That study followed the eyes of readers (tracked actual eye movements) in three cities and discovered that readers do not read a newspaper as journalists believed. The Maestro concept was developed through an “approach to newsroom management, organization and operation that applies W.Edwards Deming‘s management principles used in manufacturing to the creative process”. Striving for quality, in both product and management, is Deming’s focal point. As a statistician, Deming noted that when management focused primarily on costs, that approach over the long run drove up costs and diminished quality.

The Maestro concept is a time-management technique for story planning and newsroom organization through team collaboration to shape stories early before they are written. The central concept is trying to anticipate readers’ questions about news stories (“think like a reader”) and then answering those questions as quickly as possible through visual aspects with high-visibility points such as photos, headlines, captions and information graphics.

It is a management technique to encourage collaboration across news departments and ensure that quality work in a story package comes not from the traditional method of an assembly line, but from teamwork and good time-management from all players working on the story.

“The Maestro Concept” is presented in and is the title of Chapter Eight in the 2001 book, The Editor’s Toolbox, A Reference Guide for Beginners and Professionals. Ryan co-authored the book with Michael O’Donnell.


Weekend Wanderings – Cape Otway


Great pictures

Originally posted on Leanne Cole PHOTOGRAPHY:

When I was in Apollo Bay, I really wanted to see the Lighthouse at Cape Otway.  I don’t really know why, I think because we keep being told that it is a great lighthouse, though I wonder if that is so we will pay the huge price to go in and see it. I almost went and saw it once before, but didn’t quite get there.  I have to say, I don’t think I will be going again.


It is a nice looking lighthouse and the people who work there are lovely, but I thought the price wasn’t really worth it.  It seemed a bit much.  They have got a lot things there for the tourist, but we weren’t that impressed.  I loved going up the lighthouse and looking at the coast from it.  The tour guy at the top was great and full of lots of great information.  We…

View original 378 more words

#166 – Appreciate ! Why Best Favours are Worth Doing for Doing !


I wrote about the company I worked for and the DMTGP concept we followed – Deliver More through Great People. One of the ideas we brain stormed in my team was to create ‘Thank You’ Stores. You would gain entry there on your Supervisor, Manager or Boss in general granting you access.

It was a Glass Showcase which had company promo materials and other useful stuff, like the Chinese Feng-Shui boats and wind chimes which you could pick up – No questions asked. It was our way of saying ‘Thank you’ to employees for the good work done.

Another idea was to distribute small Thank You cards – the visiting card size which I got made with Roses background from VistaPrint and MOO. The surprise element was when on Valentine’s Day we asked the employees to exchange these cards for Actual Roses when the Market had shortage of Roses and the available ones’ were very expensive !

It felt great to see over 1000 Cards exchanges from a Team of 250 people. Of course, the Girls were the happiest lot as they received all of them from the Boys in the Team.

Were we doing favours? Not at all. It was simple expression of Gratitude for the Good work of the Men and Women at work who contributed to the Team Performance or did exemplary, extraordinary deeds to go out and help the customers or their colleagues.

I read an article recently. It was a short RSS Feed by my favorite Author Seth Godin. It lands in my mailbox because I have given Permission. He is after all, the Great author of the Concept of “Permission Marketing” which I respect.

This time the Feed had three quick points which said:

  1. “Those people who owe you because you mowed their lawn, drove carpool, promoted their site, gave them advice, listened to you in the middle of the night— they will probably let you down.
  2. Favors aren’t for trading, they wear out, they fade away, they are valued differently by the giver and the receiver.
  3. No, the best favors are worth doing for the doing, not because we’ll ever get paid back appropriately. “


#165 – Slog,Train,Get Skilled-Boss will Never be Happy?

Sharing a great story a friend shared with me on Facebook.

You may agree or disagree with the Bottom Line or the Headline – depending whether you are the Boss or the Employee ! :)

A bit lengthy but a good one.

Dog’s Life

A butcher watching over his shop is really surprised when he saw a dog coming inside the shop. He kicks it away. But later, the dog is back again. So, he goes over to the dog and notices he has a note in his mouth.

He takes the note and it reads “Can I have 12 sausages and a leg of lamb, please. The dog has money in his mouth, as well”.

The butcher looks inside and, behold, a ten dollar note. So he takes the money and puts the sausages and lamb in a bag, placing it in the dog’s mouth.

The butcher is so impressed, and since it’s about closing time, he decides to shut up shop and follow the dog. So off he goes.

The dog is walking down the street when he comes to a level crossing. The dog puts down the bag, jumps up and presses the button.

Then he waits patiently, bag in mouth, for the lights to turn. They do, and he walks across the road, with the butcher following him all the way.

The dog then comes to a bus stop, and starts looking at the timetable. The butcher is in awe at this stage. The dog checks out the times, and then sits on one of the seats provided.

Along comes a bus. The dog walks around to the front, looks at the number, and goes back to his seat. Another bus comes. Again the dog goes and looks at the number, notices it’s the right bus, and climbs on.

The butcher, by now, open-mouthed, follows him onto the bus. The bus travels through the town and out into the suburbs, the dog looking at the scenery.

Eventually he gets up, and moves to the front of the bus. He stands on 2 back paws and pushes the button to stop the bus. Then he gets off, his groceries still in his mouth.

Well, dog and butcher are walking along the road, and then the dog turns into a house.

He walks up the path, and drops the groceries on the step. Then he walks back down the path, takes a big run, and throws himself against the door.

He goes back down the path, runs up to the door and again, it throws himself against it.

There’s no answer at the house, so the dog goes back down the path, jumps up on a narrow wall, and walks along the perimeter of the garden. He gets to the window, and beats his head against it several times, walks back, jumps off, and waits at the door.

The butcher watches as a big guy opens the door, and starts abusing the dog, kicking him and punching him, and swearing at him.

The butcher runs up, and stops the guy. “What in heaven’s name are you doing? The dog is a genius. He could be on TV, for the life of me!” to which the guy responds:

“You call this clever? This is the second time this week that this stupid dog’s forgotten his key.”

—-Moral of the story—-

You may continue to exceed onlookers’ expectations but shall always fall short of the boss’s expectations!! It’s a dog’s life after all…. GOOD NIGHT

#164 – 7 Ways The C Suite Mentor Helps you to Best the Best

No. It’s not my Sales Pitch as Mentoring is not my Business. ( Please do read my Bio-Summary on the Profile page). It is just a fond wish to Mentor the C Suite member/s to be what I am stating in following lines.

So it is kind of a Purpose/ Objective statement which I wish to fulfill as my personal CSR. The Mentee Goals are Priority # 1. Yet, if the mentee fulfills what I state below – this satisfies me.

Please do read on:

We Mentor you to be the Best.

You know it.
To be the Best,
You have to Beat
(be better than the Best)
And Be the Best.

So What does a C Suite Mentor help you Do.

Be Better, Still Better.

Do Better, Still Better.

We don’t make you the Chess Player who lives by Excuses.

You learn to own up failure and remember the Learning as Experience.

So you learn to Out-Negotiate the Competition. You learn to Win.

1. Out Negotiate

You Learn to Compete. Compete to Out-Perform and Deliver More.

2. Out-Perform

Even if some people dislike your Moves. Make Ethical Moves Always !

You learn to Out Swim and Go longer distances, explore New Territories.

3. Out-Swim

You learn to Swim with Sharks without being eaten alive ( Harvey Mackay)

You learn to be rational. You learn not to overpromise. You become a Realist.


You learn to Do what you love, Love what you do.

Make sure that the below statement is never said about you.

You learn to Go the Extra-Mile. You Learn to Out-Smart the Competition.

You Out-Work with your dint of hard work and Stamina. You find God Speed.

5. Out-Work and 6. Out-Smart

You Learn that “Humility means accepting reality with no attempt to outsmart it.”


You learn to Deliver more than you promise.

In Summary, learn to :

1. Out Negotiate

2. Out Peform

3.Out Swim

4.Out Do

5. Out Work

6. Out-Smart

7. Out Deliver

A picture that should keep Uber’s investors up at night

Originally posted on Quartz:

Look at all those phones!

It’s unlikely that every single one is running a different car-service app, but there are enough operating in San Francisco that it could be: one for Curb and one for Flywheel, the two taxi-backed apps, and another for Uber, which also dispatches taxis. If this were a livery car and not a cab, it could also be running Lyft. And of course, the cab is probably accepting radio dispatches from a local service, as well as picking up street hails.

This is what it looks like when you pump lots of competition into the car-service marketplace: Suddenly, there are lots of ways for drivers to find a passenger, and you’d expect drivers to maximize their revenue by choosing the highest fares or the most convenient pick-ups to increase turn-over…

View original 19 more words