Category Archives: Success Stories

Story behind iPhone

The demo was not going well.


It was a late morning in the fall of 2006. Almost a year earlier, Steve Jobs had tasked about 200 of Apple’s top engineers with creating the iPhone. Yet here, in Apple’s boardroom, it was clear that the prototype was still a disaster. It wasn’t just buggy, it flat-out didn’t work. The phone dropped calls constantly, the battery stopped charging before it was full, data and applications routinely became corrupted and unusable. The list of problems seemed endless. At the end of the demo, Jobs fixed the dozen or so people in the room with a level stare and said, “We don’t have a product yet.”

The effect was even more terrifying than one of Jobs’ trademark tantrums. When the Apple chief screamed at his staff, it was scary but familiar. This time, his relative calm was unnerving. “It was one of the few times at Apple when I got a chill,” says someone who was in the meeting.

More at The Untold Story: How the iPhone Blew Up the Wireless Industry

Dr.Younis:Nobel for Microcredit

…when you think of the benefits of small loans, achieving peace and stability isn’t the first idea that springs to mind. But it is exactly what Yunus, 66, is aiming for. While he may not be brokering treaties, he’s actually promoting peace by uprooting one of the root causes of conflict: poverty. At the same time, he’s demonstrating how effective entrepreneurialism can be.

More at Businessweek

Entrepreneurship, the HCL style

Wealth creation and not wealth redistribution must be our goal. Creating enabling conditions for entrepreneurs, celebrating their successes and promoting entrepreneurs as role models is a critical part of the task ahead.

As HCL celebrates its 30th Anniversary, Prof. C.K.Prahalad reflects on the nature of entrepreneurship that makes such success possible. It may be useful to distill the core elements of its success.

  • Aspirations must exceed resources (A>R)
  • Strategic Intent – Folding the Future in
  • On Weak Signals: The Next Practice
  • Passion and Integrity

Those core elements are relevant not only for HCL, but for Indian business, he reckons.

More at Economic Times

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