STTI Social Entrepreneurship Update (26th Sept, 2014)

bezos quoteHello everyone!

Jeff Bezos, the CEO of Amazon, famously noted that if a team cannot be fed by two pizzas then the team is just way too big (Bezos’ Two-Pizza Team Rule).

The team leads of the STTI Soc. Entr. Committee have appreciated the wisdom behind this observation as we found that both productivity and a collaborative environment were compromised in our first two meetings this semester due to the size of our initial team. Low productivity naturally serves as a huge impediment to our objective of collaboratively developing working business models for firms in India.

We have thereby decided to significantly downsize the Soc. Entr. team. We request you to take the time out to answer the following questions and send in your responses to us by 11:59 PM, Wednesday, 1st October.

  1. From the STTI Soc. Entr. Meeting 1 Notes -> “ In order to be an effective business consultant in India, there is a need to understand the dynamics of the social, economic, political and cultural frameworks within which the Indian businessman operates.”  Please describe some of the factors within these frameworks that play a significant role in determining business success in India. (200 – 300 words)
  2. You have been asked to look into understanding a specific aspect of the education sector in India from the perspective of an investor. Please describe your findings and observations. (200 – 300 words).

We will look through your responses and then have informal meetings with short listed members. We should determine the members of the downsized team by the end of next week.

We are looking to work closely with business organizations in the Krannert School of Management to really step up the professionalism, efficiency and effectiveness of our team. It is thereby absolutely imperative that the members of the final team are committed to maintaining a result-oriented professional work ethic.  Please remember that since we will be slaves to the uncompromising metric of “tangible results”, we will work together to take any necessary steps in order to lose dead weight or adopt more effective strategies.

For those of you who haven’t attended any of the STTI Soc. Entr sessions this semester: The Social Entrepreneurship committee of STTI is looking to simulate a consulting experience by designing a ground level operating strategy for an education firm in India. The following link describes the broader idea on which our work this semester will be based: (Link to Article)

Thank you for your time and interest in the STTI Social Entrepreneurship Committee. Good luck!

Aakash Pydi
President, Student Think Tank for India.