Posts Tagged ‘Books’

Trust Agents – A review

Monday, January 4th, 2010

Trust AgentsI learned about this book from Amit Klein, and was curious to know what it was about. So I borrowed his copy about a week back, and I must say it has been an entertaining read. Trust Agents by Chris Brogan and Julien Smith explores the concept of trust on the Internet. They do a very good job of explaining how trust is created or earned in online social communities and how a brand can successfully leverage this trust in its favor. They go on to present a series of cases that illustrate how businesses can build relationships with online communities or even other people and utilize them to build better products.

Both Brogan and Smith are established bloggers. This shows in the light, almost conversational style that the book is written in. It makes reading the book a breeze and you almost never find the text becoming drab or boring.

While I don’t think the concept of “Trust Agents” is particularly new, with Malcolm Gladwell doing a good job explaining the power of trust agents or “Mavens” in his 2000 book Tipping Point, Chris and Julien do a fantastic job in explaining and fleshing out the concept in the context of the web.

I think anyone who wants to know more about how trust in the digital tribe functions and how it may impact their business, should give this book a read.

We are like that only !

Sunday, February 24th, 2008

India is a functioning anarchy.

- J.K. Galbraith

This one line pretty much sums up what Games Indians Play: Why we are the way we are is about. The book by V. Raghunathan tries to explain our “Indianess” through behavioral economics and game theory. It’s delightful look at the various facets of the Indian pyche like our obsession with bending rules, public apathy etc. It’s quite an interesting read and an delightful exercise in seeing the practical applications of game theory.

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It Happened in India

Sunday, August 5th, 2007

It happened in IndiaJust finished reading Kishore Biyani’s It Happened in India. It’s a decent read, largely autobiographical in nature. The book traces Kishore Biyani’s journey from a garment seller to a retail mogul. Kishore Biyani (KB) for the uninitiated, started off a successful chain of stores (Pantaloons, Big Bazaar, Food Bazaar) in India and was one of the first to move into the organized retail segment. Today his ’small’ retail empire is worth over $2 billion.

The book offers a rare peek into the mind of this notoriously media shy entrepreneur of modern day India. Through the book we learn of his humble beginnings, his paranoia of losing touch with the common man, his little idiosyncrasies and most importantly a X-Ray look at his firm and business model.

To me the story of Pantaloons, Big Bazaar, Food Bazaar was very fascinating. This is largely because these are success stories I can relate to, since Pantaloons has come up literally before my eyes. That apart the manner KB has grown his organization and gradually moved into areas other than retail is awe inspiring. The kind of foresight he showed in helping set up Idiom, getting real estate for setting up retail way before the competition could, design of the stores definitely needs some really good business acumen. He is a true ‘maverick’ who has constantly defied convention. This is even reflected in the book, in the non-linear fashion in which the tale is told with commentary from his friends and colleagues. If you get a chance, this book is definitely worth reading.

To end this post, here is quote from the man himself, one that I agree with completely:

I believe that we all come to this world to kill time. Therefore, we pick up some activity that we like doing and call it our profession. I call this the Time Pass theory.

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