Tag Archives: book review

Book review: “Average is over”; about the future of successful people

I tend to read about 1-2 books a month. Largely on my kindle and sometimes audio books. I was referred to Tyler Cowen’s book “Average is over” by a friend who reads more extensively than I do. She wishes that I dont give her unnecessary attention.

It is about $10 on Amazon Kindle. If you want to be the 0.01% of innovators, creators and influencers, then you should read this book.

I have believed in the theory that “normal”, “average” and “balanced” are the worst words in the entrepreneur’s dictionary. Things like “best practices” suck. If something is a best practice you are getting no value from it at all, since someone who found out about it in the first place got the most value from it.

The basic premise of this book is that the next generation of technologies, innovations and breakthroughs in the next decade will not result in economic gains for the “average” folks.

Instead the folks who are extremely driven, intelligent and motivated are the only ones who will make it big.

The rest will see their quality of life improve marginally, but will have to find other means to feel “good” about the contributions they make.

I would recommend you read this book (or skim it) if you have an interest in economic activity and the history of innovation.

Book review: Making breakthrough innovation happen by Porus Munshi

I had a chance to meet author Porus Munshi at the SAP Innovation meetup with the CMO of SAP, Jonathan Becher. Big thanks to my friend, Amarinder for inviting me to be a part of that event.

Porus Munshi book

Its a breezy 234 page read with 11 stories from Indian companies that innovated on product (ITC eChoupal), marketing (Dainik Bhaskar) and process (Aravind Hospitals).

To make “orbit changing” innovation happen his recommendation is to set a BHAG (Big Hairy Audacious Goal) and question every assumption. The second part is to come up with an “insight” that brings the innovation to life.

E.g. The BHAG for Aravind hospitals was to “Eliminate unnecessary blindness worldwide”. This requires operating on 24 Million people. Any eye surgeon can operate on 10-15 a day, so that’s a lot of eye specialists required.

The insight the obtained was from McDonalds where the entire “process” was streamlined as a manufacturing assembly unit with no compromises on quality.

So Aravind hospitals redefined the operating process and made it similar to an assembly line, which enables their doctors to operate on 3 times the number of patients possible, with no compromise on quality.

There are many other stories including innovations at city of Surat, Trichy police, Cavin Kare, etc.

I finished the book in under 3 hours, so its not a textbook, but more like a case study compilation.

If you are in Bangalore and want the book to read (you can pass it on to someone else after you finish), drop me an email and I can have it delivered. Or if you want to pick it up, my office is at Cunningham Road.