KACHARAGADLA

When Zappos CEO Tony Hsieh  announced  that his 1,500-person company was going to adopt a “holacracy” model, many people were left wondering what the heck holacracy even is. According to  HolacracyOne , this “boss free” business philosophy focuses on a less structured system with roles -- as opposed to concrete job descriptions -- and on self-organization and arranged teams that concentrate on specific operations or goals. While this term may be a new piece of business jargon, structures similar to it have existed for years. Derived from the Greek “holon” -- meaning something that’s both a whole and a part -- the setup isn’t without its pitfalls. In the best-case scenario, a holacracy will tap into employees aptitude and drive, but  models can flop  after a few months of use -- it can even drive your best talent away. Still, Hsieh cites the speed and flexibility of the holacracy model as a key element of Zappos’ ongoing success.  “When companies get bigger, innovation or pr

The Park will house a common manufacturing facility centre to act as a hub for the SME sector enabling it to flourish as a cluster. The exact location of the park is yet to be decided. The Andhra Pradesh State Government has in principle decided to develop a dedicated 200-acre industrial park for manufacturing of medical devices. Chief Minister N. Chandrababu Naidu said the Park will house a common manufacturing facility centre to act as a hub for the SME sector enabling it to flourish as a cluster. Though the Government was yet to zero in on the exact location of the medical devices park, the focus of the facility would be on creating an eco system for manufacture of high-end medical devices with an eye on the export market. This was announced by Chief Minister N. Chandrababu Naidu at a meeting with the representatives of Association of Indian Medical Device Manufacturers (AIMED) during his recent visit to New Delhi. The decision comes after the association was able to

  US aviation major Boeing and Tata Advanced Systems today announced a joint venture that will manufacture aero structures for AH-64 Apache attack choppers, recently ordered by India, and collaborate on integrated systems development opportunities in India. The joint venture will initially create a manufacturing centre of excellence to produce aero structures for the AH-64 Apache helicopter and compete for additional manufacturing work packages across Boeing platforms, both commercial and defence. “Boeing and Tata Advanced Systems intend to grow the JV partnership in the future with a focus on opportunities to collaborate on development and selling of integrated systems,” a statement by Boeing said. Boeing had recently received an order for 22 AH-64E Apache attack helicopters and 15 CH-47F Chinook heavy-lift helicopters. Both are the newest models of these aircraft. “This partnership will capitalise on India’s industrial capability, innovation and talent to contribu

China’s retail sales more than tripled from 6.7 trillion yuan in 2005 to 27 trillion yuan in 2014, helping to create one of the world’s largest consumer markets, according to government statistics. Along with this three-fold growth in consumption came a corresponding expansion in retail space – new malls and shopping centes in a country that had previously done its shopping along local street fronts and at state-owned stores. This economic transformation fostered retail real estate giants such as Dalian Wanda, which made Wang Jianlin China’s richest man, with  a fortune estimated by the latest Forbes China Rich List at $30 billion . However, many observers expect that this boom may also have caused a massive misallocation of resources, especially as growth in retail sales has begun to taper in recent years. Now, real estate consultancy JLL estimates that China is looking at a bulging pipeline of more than 40 million square metres in new mall space expected to enter the mark

When I first read about Pearl River Piano, it was a story about an acquisition of a famous German piano maker named Ritmüller that helped Pearl River to advance in the premium segment. Yet, there was a little problem: Ritmüller was supposed to be from the city of Göttingen and even though I had lived there for five years, I had never heard the name. So, I called an expert on the German music industry, and he hadn’t heard about the company either. Now I was intrigued, and did what professors do when the facts don’t fit: I dug into the archives. It turns out the real story is much more interesting. In the archives, I found that  Ritmüller piano factories  were established in 1795, and had a strong run in the 19 th  century when they were one of the most prestigious brands in Germany. In fact, the man who later founded Steinway & Sons New York spent his apprentice years with Ritmüller. Yet the German brand went bankrupt in the financial crisis of  1929 . On e-bay, historical piano

Here's the tech news you need to know to start your week. 1.  Another big European startup just delayed its IPO plans. HelloFresh, which is worth $3 billion (£2 billion), is postponing the flotation "because of "concern about investor demand and valuation, and general 'market volatility,'" Tech.eu reports. 2.  Snapchat is closing the gap on Facebook video with a reported 6 billion views to Facebook's 8 billion.  Snapchat has confirmed the view count but declined to comment further. 3.  Apple has defeated a class action lawsuit brought against it by its retail employees.  Employees are subject to searches to ensure they haven't stolen anything, and argued they should be reimbursed for the time spent doing so. 4.  A mysterious electric car startup is building a $1 billion factory in California.   Faraday Future has been searching for a site for its new manufacturing plant. 5.  Europe is trying to reach a new data transfer pact by early 2

One of the most prestigious prizes in architecture has just been awarded to a housing complex in Singapore. The judges at the  World Architecture Festival 2015,  which ran from November 4 - 6, has bestowed its top honors, the "World Building of the Year" award, upon an apartment complex known as The Interlace. Designed by the Dutch-based Office for Metropolitan Architecture, the building was an entry in the housing category, where it was also recognized as the top entry. World Architecture Festival The development is located on an elevated site covering eight hectares. It makes the most of being located in the lush green Southern Ridges of Singapore, with its 31 stacked apartment blocks each measuring six stories high and ensuring beautiful views in every direction. This also creates eight huge, open courtyards with rooftop sky gardens and terraces for both public and private use. The development's apartment facings were carefully designed to ens

Both prepaid and postpaid subscribers are eligible for the offer, and will be valid for only one day  India: With Diwali less than a week away, Vodafone has announced a special festive offer for all its 188 million users across the country. The company will be providing 100MB of free 3G/2G data to its subscribers to usher in the festive season. As part of this offer, users will be getting the free 100MB data on Diwali day. The offer will be valid for only one day, on Wednesday, November 11. Subscribers can avail the free data by sending an SMS, typing “DIWALI” to 199. The offer will be available to both prepaid and postpaid Vodafone users. The free data is being offered by Vodafone to support and encourage a silent Diwali. Managing Director and CEO of Vodafone India, Sunil Sood said, "At Vodafone, we are driven with the singular objective of delivering superior experience to our customers.” The company believes that its innovative way of extending Diwali greetings to