Prof. SK Verma

School of Innovation & Management @SIMeduOfficial

[Prof. SK Verma @CitizenVerma]

@amandsamir Dear sir, in this difficult time, if district admn needs a space for isolation center/makeshift covid center, I offer my house with a big campus, very good washroom facilities, complete with its own borwell, electricity, dozen if fans, lights, etc. In Raghunathpur.

[Prof. SK Verma @CitizenVerma]

@HondaCarIndia Hi, I use Honda amaze, everything is just awesome but somewhere I miss the ground clearance which is inoperative in India. A sub 4 meter suv is needed from Honda. You may use you sister concer Nissan Magnite platform with Your Amaze 1.2L 4 cylinder engine with CNG

[Prof. SK Verma @CitizenVerma]

@Nissan_India Hi, I use your Magnite. Nice car look wise, safety and ground clearance. Lack in smoothness, engine refinement and power. cabin noise. Kindly use Honda Amaze engine in Magnite. It will solve most of the problems.

[Prof. SK Verma @CitizenVerma]

@RailwaySeva I am informed that there is no upper class waiting hall at New Adelphi Railway station. Is this such a huge facility to expect at National Capital railway station?

[Gems Of Jesus @GemsOfJesus]

Torture of Christianity ✝️

Instruments of torture for Inquisition 14th century

[Adam @AdamColb_]

It took me 9 years to realize, and I will tell you in 2 minutes.

1. Don't tell them everything Even when you trust your close friends and family.

[Bishal Nandi @LearnWithBishal]

YouTube has 117,000,000 channels.

But 99% waste their time on the bad ones.

I have found 10 channels that will teach you more than any university degree (for free):

[Prof. SK Verma @CitizenVerma]

@tehseenp In fact, you study at WhatsApp university, I guess! Go read some real history books

[Prof. SK Verma @CitizenVerma]

@SamsungIndia I made a complain for my 55 inch led tv fon 21 March, it was fraudulently closed one sided without solving the issue. I again made a complain on 2nd April, complain no. 4390102122. The issue is still not resolved. No body visited. It’s been almost 1 month. Plz help

[Prof. SK Verma @CitizenVerma]

@SEVA_SBPDCL High voltage 270 - 400 v) problem being faced by consumers in ward 9, 10, 11, Raghunathpur, Block Brahampur, Distt Buxar.
Issues not solved even after many calls and complain to Raghunathpur JE (Mob - 9264195200). Kindly help and resolve

[True Indology @TrueIndology]

This is for all the British fanboys who say British introduced modern education in India.

Stats do not lie. And stats expose propaganda.

This is official data from 1941.

Travancore was a Princely state ruled by a Hindu king. It had a literacy of 47.7%.

United provinces (Uttar Pradesh) was directly ruled by British. It had a literacy of 8%.

Why?

If British really gave education, why did British ruled Uttar Pradesh have poor literacy?

Why did British ruled provinces fare so badly in education in comparison to native states ruled by Hindu kings?

[Rohit Kumar @RohitKu4500]

ग्रेटर नोएडा प्राधिकरण द्वारा ग्राम खेड़ा चौगानपुर में अर्जित की गई जमीन खसरा नंबर 67, 68 पर किया जा रहा अवैध कब्जा @dmgbnagar @OfficialGNIDA @MedhaRoopam @CeoNoida @tricitytoday @noidapolice

[Rohit Kumar @RohitKu4500]

ग्रेटर नोएडा प्राधिकरण द्वारा ग्राम खेड़ा चौगानपुर में खेल कूद की सरकारी जमीन खसरा नंबर 67, 68 पर किया जा रहा अवैध कब्जा।प्राधिकरण के अधिकारियों की मिलीभगत से चल रहा निरंतर कार्य ।शिकायत के बाद भी नहीं रोक पाये आधिकारी कार्य @OfficialGNIDA @CeoNoida @MedhaRoopam @dmgbnagar

[Prof. SK Verma @CitizenVerma]

@Bitt2DA He was my professor of tourism and history at IGNOU. A great professor with nationalist approach

[Rajan Singh @rajansingh_me]

Three things you should absolutely look for in a job (other than salary 😊):

1. Does the job build up your confidence or weaken you with constant micromanagement, nit-picking, and unhelpful criticism?

2. Does it allow you to build your health and fitness? For that, it should leave you enough time and not suck out all your emotional energy.

3. Do people treat you respectfully, no matter how high up they are in the hierarchy? And I am not talking lip service -- but the real thing.

Optional (but highly desirable): Does the job give you the skills to easily find another job, should you choose to? Ironically, if a company offers this, don't quit (unless the reason is extremely compelling).

The first three points were my primary filters when I chose my last job. Ignore them, and you will start regretting it pretty soon.

[Prof KapilKumar, Determined Nationalist @ProfKapilKumar]

Posted as recieved ! How true
@anujdhar
गांधी जयंती मनाने की इच्छा रखने वाले पहले ये सत्य जरूर देखें ।

[Prof. SK Verma @CitizenVerma]

@RailwaySeva @RailMinIndia PNR 6625033949
Ladies purse stolen near Patna containing valuable items worth lakhs. Patna Rail PS denied FIR & asked to go to Buxar. Buxar Rail PS just received the application but no FIR. They are now saying that case is with IG. Please help.

[Anupam Kumar Suman @sumananupam13]

पटना साहिब क्षेत्र में प्राचीन पाटलिपुत्र के अनेक अवशेष हैं। कल जब मैं यहाँ अकबर के काल में टोडरमल द्वारा 1573 में स्थापित 450 वर्ष प्राचीन चित्रगु्प्त मंदिर पहुँचा तो यह मान्यता बताई गई कि यहाँ चित्रगु्प्त की पूजा की परंपरा चंद्रगुप्त मौर्य के प्रधानमंत्री (महामात्य) राक्षस द्वारा शुरू की गई थी मतलब 300 ई.पू. के लगभग। यूँ तो ऐतिहासिक रूप से इसे सिद्ध करना मुश्किल होगा पर यह ज़रूर है कि इस मामले में एकमात्र साहित्यिक स्रोत विशाखदत्त की प्रसिद्ध संस्कृत नाटक ‘मुद्राराक्षस’ ही हो सकती है। मेरे संस्कृत और इंडोलॉजी अध्ययन के मुताबिक़ संस्कृत के इस क्लासिक नाटक में कायस्थ पात्रों जैसे शकटदास आदि का भी उल्लेख भी है और कुछेक जगहों पर देवता के रूप में चित्रगु्प्त का भी। जैसे नाटक के प्रथम अंक में ही अपने शिष्य से बात करते हुए चाणक्य पाँच विरोधी राजाओं और उनके अमात्य राक्षस से संबंध को देखते हुए मनाते हैं कि चित्रगुप्त उनका नाश करें (चित्रगुप्तः प्रमार्ष्टु)। यहाँ यह संभव है कि चित्रगुप्त को ��ाप-पुण्य आधारित कर्म सिद्धांत के व्यवस्थापक के अतिरिक्त अमात्य कायस्थों के पूजित देवता के संदर्भ में भी चाणक्य द्वारा याद किया गया है। अगर यह व्याख्या सही हो तो गंगा किनारे अवस्थित चित्रगुप्त के इस स्थल को मौर्य महामात्य राक्षस द्वारा स्थापित माना जा सकता है। जो भी हो, पटना को यदि प्राचीन पाटलिपुत्र के गौरव के छटाँक बराबर भी पहुँचना हो तो न सिर्फ़ ऐसे धरोहरों की रक्षा ज़रूरी है बल्कि प्र���चीन पाटलिपुत्र पर सौ साल से लंबित पुरातात्विक व साहित्यिक शोध को भी बढ़ावा देना होगा।

[FinFloww @FinFloww]

In 2010, Kishore Biyani’s Big Bazaar was trying to create a retail monopoly in India.

Until Radhakishan Damani’s DMart stopped them in their tracks.

The funny part? While Big Bazaar had 250 stores all over the country, DMart defeated them with just 10!

Here’s the EPIC story:

Big Bazaar and DMart were founded around the same time in the early 2000s.

Truth be told, Big Bazaar popularized the supermarket culture in India.

It is said that during its peak, more than 300 million customers visited the stores in a year.

Bringing all sorts of products under one roof, it was once considered to be the largest supermarket chain in India.

Then where did it all go wrong?

Kunal Shah says that the western model doesn’t always work in India.

That’s true, we shouldn’t be copying the west!

But here’s the catch: some things work on humans universally.

So, instead of reinventing the wheel, it’s better to copy where you rationally think it can be effective.

The core idea here is being rational and knowing your customers very well.

While Kishore Biyani did not fully embrace the west’s model because he thought it wasn’t applicable in India, Radhakishan Damani studied and applied it in DMart.

DMart stuck with its proposition which was providing goods at extreme discounts.

They understood that Indians love discounts.

Moreover, you can easily drag them towards yourself and retain them, if you keep giving discounts.

This will build customer loyalty.

In India, you can’t just acquire customers with discounts and not continue to give those discounts.

Therefore, they never introduced loyalty programs or went aggressive with marketing and seasonal sales.

But when every other supermarket chain offers similar kinds of discounts, how does DMart win and what makes it special?

The problem is most other retailers think of discounting as an acquisition strategy.

When all other retailers burn cash to give deep discounts to acquire customers, DMart has deep discounting embedded in its business model.

Discounting is at the core of its business.

Damani used cost optimisation to make this discounting system sustainable.

Big Bazaar did the same, but the problem was — for them expansion came before sustainability.

We have to understand that this is a low-margin, high-volume business.

Rightly so, expansion makes sense.

But DMart optimised its small number of stores to generate maximum profits.

They adopted a lean and mean model.

This worked better overall because they could do this without taking on much debt, while uncontrolled expansion needs to be fueled by debt.

It helped them ride the Global Recession of 2008 better while Big Bazaar was affected badly due to high debt.

Big Bazaar leased stores in malls and rents kept going up every year.

Its parent company — Future Group — kept acquiring other supermarket chains such as HyperCity and Easyday to name a few.

By 2019, they were drowned in a ₹12,800 crore debt. Pandemic was the final nail in the coffin.

Meanwhile, DMart has complete ownership of most of its stores which are usually located in suburbs.

Because not only is it cheaper, but this is where their target customers reside.

They chose to expand slowly with little to no debt and reinvested profits back into the business.

There’s more to this story.

In their mission of cost optimisation, they focused on building strong relations with the suppliers by clearing their credits within 10 days.

Whereas others took as many as 60 days.

This way, they were able to get goods at huge discounts and provide them to the customers at the cheapest price.

DMart has less number of employees compared to the overstaffed Big Bazaar stores.

Unlike Big Bazaar, they refrained from selling perishable products such as fruits and vegetables, and huge electronic items which need more space for display.

They only sold products which have a high brand recall and demand throughout the year.

This helped them further cut costs and increase profits.

We have a bias that only businesses with the highest market share thrive.

A business which is sustainable over the long term is a much better bet.

Mindless expansion for gaining market share could kill your business.

Look for companies which serve their customers extremely well and make them come back again and again because of their unique value proposition, not because there’s no other option.

If you liked this read do RePost🔁 and follow us @FinFloww

for more such reads every Monday, Wednesday, and Friday!