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Startup Weekend: How to Take a Company From Concept to Creation in 54 Hours
by Marc Nager Franck Nouyrigat Clint NelsenTested principles for transforming an idea into a fully operational company Startup Weekend—the organization behind 54-hour events where developers, designers, marketers, and startup enthusiasts come together to share ideas, form teams, build products, and create startups—has spawned both a global initiative in entrepreneurship as well as numerous successful startups. Startup Weekend, the book, contains best practices, lessons learned, and empowering examples derived from the organization's experiences for individuals and small organizations to follow as they launch businesses. Each of the key beliefs outlined has been tested by Startup Weekend and has yielded powerful results. The principles described in each chapter will give any business idea a greater chance for success. Chapter topics include trust and empowerment, flexible organizational structures, the power of experiential education, action-based networking, and much more Describes consequences for startup development as entrepreneurs and founders begin doing much more, even faster Profiles successful Startup Weekend companies, including two powerful examples: Memolane, an application that captures a user's online life in one timeline making it easy for users to travel back in time and relive memories; and Foodspotting, a mobile and desktop app that allows users to find and share the foods they love Apply these simple actionable principles to launch your own startup revolution.
Startup Your Life: Hustle and Hack Your Way to Happiness
by Anna AkbariA young entrepreneur and sociologist shows readers how to reach personal fulfillment using the same strategies that power Silicon Valley's greatest startups.As an entrepreneur, Anna Akbari learned that one of the best things about startups is their ability to “pivot” quickly—basically a euphemism for failing and starting over. And she quickly found that personal success is no different. It’s not just about developing and following the right process but also having a good idea. And that demands rigor and daily maintenance—far beyond a few positive affirmations. Like any Silicon Valley startup, the business of life is not as glamorous as its Instagram account would make it seem. What do you do when planning is not an option? When control is out of your reach? You isolate the small stuff, experiment constantly, and use the results to lay a more sustainable foundation for the future. You validate your idealized vision by testing it out in bite-sized increments. You see what sticks, integrate, and move forward. And inevitably, you experience a series of failures along the way, but those failures are key to your next success.Living a start up life is about maximizing flexibility and measuring on-going results, not avoiding failure or reaching one particular end goal. It's about embracing defeat, analyzing it, and failing up. In Startup Your Life, Akbari shows that after all, it's often the stumbles that pave the way for real happiness.
Startup guide: how to document the processes of your company in record time
by Victor FreireThe ultimate guide to document the processes of your organization in only 11 steps. The book describes a simple way to handle the very difficult task of documenting all the company processes. In just 11 steps, you can document the process of your company in less than 3 months
Startup, Scaleup, Screwup: 42 Tools to Accelerate Lean & Agile Business Growth
by Jurgen AppeloReal-world tools to build your venture, grow your business, and avoid mistakes Startup, Scaleup, Screwup is an expert guide for emerging and established businesses to accelerate growth, facilitate scalability, and keep pace with the rapidly changing economic landscape. The contemporary marketplace is more dynamic than ever before—increased global competition, the impact of digital transformation, and disruptive innovation factors require businesses to implement agile management and business strategies to compete and thrive. This indispensable book provides business leaders and entrepreneurs the tools and guidance to meet growth and scalability challenges head on. Equal parts motivation and practical application, this book answers the questions every business leader asks from the startup ventures to established companies. Covering topics including funding options, employee hiring, product-market validation, remote team management, agile scaling, and the business lifecycle, this essential resource provides a solid approach to grow at the right pace and stay lean. This book will enable you to: Apply 42 effective tools to sustain and accelerate your business growth Avoid the mistakes and pitfalls associated with rapid business growth or organizational change Develop a clear growth plan to integrate into your overall business model Structure your business for rapid scaling and efficient management Startup, Scaleup, Screwup: 42 Tools to Accelerate Lean & Agile Business Growth is a must-read for entrepreneurs, founders, managers, and senior executives. Author Jurgen Appelo shares his wisdom on the creative economy, agile management, innovation marketing, and organizational change to provide a comprehensive guide to business growth. Practical methods and expert advice make this book an essential addition to any business professional’s library.
Startup: A Silicon Valley Adventure
by Jerry KaplanThe classic account of the early days of tech, named one of the 10 best business books of the year by Business Week: &“Riveting, wry, and often wise.&”—The Washington Post Jerry Kaplan had a dream: he would redefine the known universe (and get very rich) by creating a new kind of computer. All he needed was sixty million dollars, a few hundred employees, and a maniacal belief in his ability to win the Silicon Valley startup game. Kaplan, a well-known figure in the computer industry, founded GO Corporation in 1987, and for several years it was one of the hottest new ventures in the Valley. Startup tells the story of Kaplan's wild ride: how he assembled a brilliant but fractious team of engineers, software designers, and investors; pioneered the emerging market for hand-held computers operated with a pen instead of a keyboard; and careened from crisis to crisis without ever losing his passion for his revolutionary idea. Along the way, Kaplan vividly recreates his encounters with eccentric employees, risk-addicted venture capitalists, and industry giants such as Bill Gates and John Sculley. And no one—including Kaplan himself—is spared his sharp wit. &“What separates Kaplan&’s tale from other start-up stories is the insight he provides about dealing with two of America's largest computer companies—IBM and Microsoft…Readers interested in entrepreneurial adventurism will find Kaplan&’s tale entertaining.&”—Publishers Weekly &“Kaplan tells it with novelistic style replete with races against the clock and sharp character sketches…An insider's well-written story of the death of a new machine.&”—Kirkus Reviews &“A winner.&”—Wired
StartupPro: How to set up and grow a tech business
by Martin ZwillingIf your find yourself daydreaming about your own business and not just your next promotion, this book will help you shape your ideas as you begin your enrepreneurial journey.
Startupland: How Three Guys Risked Everything to Turn an Idea into a Global Business
by Carlye Adler Mikkel SvaneThe real story of what it takes to risk it all and go for broke. Conventional wisdom says most startups need to be in Silicon Valley, started by young engineers around a sexy new idea, and backed by VC funding.<P><P> But as Mikkel Svane reveals in Startupland, the story of founding Zendesk was anything but conventional. Founded in a Copenhagen loft by three thirty-something friends looking to break free from corporate doldrums, Zendesk Inc. is now one of the hottest enterprise software companies, still rapidly growing with customers in 150 countries. But its success was anything but predestined. With revealing stories both funny and frank, Mikkel shares how he and his friends bravely left secure jobs to start something on their own, how he almost went broke several times, how they picked up themselves and their families to travel across the world to California and the unknown, and how the three friends were miraculously still together for Zendesk's IPO and (still growing) success. Much like Zendesk's mission itself--to remove friction, barriers, and mystery in order to make customer service easier and more approachable--Startupland removes some of the myths about startups and startup founders. Mikkel's advice, hard-won through experience, often bucks conventional wisdom and entrepreneurial tropes. He shares why failure (whether fast or slow) is awful, why a seemingly boring product or idea can be the most exciting, why giving back to the community is as important as the bottom line. From how to hire right (look for people who are not offended by swearing) to which personas generate the highest response rates, Mikkel answers the most pressing questions from the perspective of someone still in the trenches and willing to share the hard truth, warts and all. While there are books by consultants who tell you how to build businesses, or by entrepreneurs now running billion-dollar businesses, there are few books from people still in the trenches who acutely remember the difficult daily decisions, the thrill (and fears) of the early days, the problems that scale with growing a business, and the reason why they all went on the adventure in the first place. Startupland is indispensable reading for all entrepreneurs who want to make their ideas the next big thing. The book will inspire and empower you to follow your own dream and create your own story.
Startups Fuera de Serie: Aplasta la Competencia con tu Startup Innovadora
by Jonathan S. WalkerHaz que tu negocio comience como nunca antes con estas estrategias vitales ¿Deseas que tu startup pueda comenzar con el pie derecho sin mucho esfuerzo? ¿Necesitas una forma de atraer posibles inversionistas para obtener ventaja sobre la competencia? ¿Deseas obtener un impulso rápido para que tu startup crezca exponencialmente en los próximos meses? Te presentamos Startups Fuera de Serie: ¡Aplasta la Competencia con tu Startup Innovadora! Estrategias probadas para que lleves a su negocio a donde necesita ir. Estas son algunas de las cosas que aprenderás en este libro para que tu negocio tenga un gran comienzo: •Ganando tracción para tu inicio •Uso de correos electrónicos a tu favor •Aprovechando el Marketing de correos electrónicos (Estrategias principales para campañas) •Estrategias de marketing viral •Escalar de pequeño a grande •Cómo aprovechar el marketing de afiliados •Aprovecha el poder del mercadeo en red para tu inicio Y mucho, mucho más. ¡Obtén tu copia de este libro hoy mismo! No te pierdas los increíbles enfoques incluidos en este poderoso libro de estrategia empresarial. ¡El precio puede subir pronto así que date prisa! ¡Desplázate hasta la parte superior y presiona el botón "Comprar ahora" Hoy!
Startups and Crisis Management
by Dafna KarivDrawing on a mixture of theory, cases, and interviews, Startups and Crisis Management provides a valuable overview of how new ventures fared in the wake of the COVID-19 pandemic. It then considers the wider lessons for startups operating in times of crisis and adjusting to the ‘new normal’. The macroeconomic shocks of rising unemployment, lockdowns, and remote working have impacted the entrepreneurial ecosystem and raised questions about how startups can survive, adjust, and thrive once more. This book analyses the reciprocal relationship between startups and their ecosystems, using theoretical lenses such as push and pull factors, necessity entrepreneurship, networking, and embeddedness. Each chapter contains case studies based on interviews with individuals from startups around the world, exploring how real-life firms reacted to the coronavirus crisis. This illuminating text will be a useful resource for modules exploring startups during times of crisis, and courses on entrepreneurship and crisis management more broadly.
Startups and Downs: The Secrets of Resilient Entrepreneurs
by Mona BijoorEntrepreneurship is a cycle of failures and recoveries-hopefully with more successes than not. This national bestseller is about resilience and navigating the process. How do the best entrepreneurs think about failure-as it's happening and in hindsight-and ultimately win? Today&’s media is replete with stories about major entrepreneurial successes, IPOs (initial public offerings), mergers, and acquisitions. Reporters and readers alike have also been captivated by the stories of entrepreneurial failures, downfalls, and massive exits (think Travis Kalanick, Elizabeth Holmes, and Doug Evans). However, entrepreneurship is rarely linear, and a lot happens between the headlines and reality. Entrepreneurship is a cycle of failures and recoveries—hopefully with more successes than not. Start-Ups and Downs: The Secrets of Resilient Entrepreneurs shares the wisdom of one entrepreneur who successfully disrupted an entire industry but felt as if she was never prepared for what came next. Mona Bijoor has created a guidebook for navigating the process, from pitching with power to coping with competition, with inspiring stories from respected entrepreneurs, including Nat Turner, cofounder and CEO of Flatiron Health; Courtney Nichols Gould, founder and co-CEO of SmartyPants Vitamins; and Stephen Kuhl, cofounder and CEO of Burrow, intended to lift up anyone determined to keep pushing forward. This book is about resilience. How do the best entrepreneurs think about failure—as it&’s happening and in hindsight—and ultimately win?
Startups and Gazelle Enterprises: Insights into the Success and Challenges of High-Growth Firms (SIDREA Series in Accounting and Business Administration)
by Salvatore Loprevite Stefano Marasca Domenico Nicolò Marcantonio Ruisi Claudio TeodoriPolicymakers and scholars have shown growing interest in startups, particularly in recent years of economic crisis, as nations seek to rebuild their economies and foster employment through entrepreneurship and innovation. Many new businesses fail in their early stages due to insufficient access to the financial and managerial resources needed to sustain their expansion. Only a few survivors experience substantial growth and contribute significantly to job creation (the so-called 'Gazelle enterprises'). This book delves into this evolving field of research, featuring contributions from Italian scholars affiliated with the Startup Study Group of SIDREA, the Italian Society of Accounting and Business Administration. The authors examine the key factors that influence the success or failure of startups, with a focus on identifying enterprises with a high probability of survival and growth. The volume also explores related topics such as sustainability, performance measurement, and valuation of startups. Designed to bridge theory and practice, this book is a valuable resource for academics and finance professionals alike, offering insights into the best practices and strategies that drive successful startups.
Startups and Innovation Ecosystems in Emerging Markets: A Brazilian Perspective
by Moacir De Oliveira Jr. Fernanda Ribeiro Cahen Felipe Mendes BoriniThis book examines the behavior of high-tech startups and important aspects of innovation ecosystems in Brazil. It discusses how the local business environment boosts startups and high-tech entrepreneurship, leading to the most successful implementation of technology parks and incubation movements in Latin America. In the first part, the chapters explore the experience of Brazilian high-tech startups with regard to innovation, funding, background of the entrepreneur and their efforts entering international markets. The second part is dedicated to innovation ecosystems and explains the role of business incubators, acceleration programs, and university entrepreneurship in the country.
Startups in Action: The Critical Year One Choices That Built Etsy, HotelTonight, Fiverr, and More
by JP SilvaThe growing pains of a startup’s initial year in business require a keen awareness of uncertainties and a willingness to adapt in order to survive. Today’s new founders greatly benefit from taking a behind-the-scenes look at successful companies such as Etsy, HotelTonight, Fiverr, and more in regards to how they overcame the challenges of their first year. Startups in Action is your curated source for critical insights and inspiration from those who have been there before.This book documents the month-to-month journeys of these companies in their first year, zeroing in on key decisions that helped them recover from missteps, and adapt to complications, to eventually grow and succeed. Were the founders full-time from the beginning? How long did it take them to build a working prototype? How many end-users did they have in the first year? The answers to these questions are of interest to those who are just starting out and want to learn by example. Collected from interviews with the founders themselves, author JP Silva answers these questions and reveals how each of the startups charted their paths to success. Startups in Action is equal parts inspirational and practical, providing guidance through a foundation of relatability to help cope with situations and surprises experienced during a startup’s first year. Startup discourse is rife with myths and oversimplification. Cut through the noise and learn the events, actions, and counteractions only attainable from the founders themselves. As more and more aspiring entrepreneurs are about to start their journeys, the value of knowledge about difficult choices and obstacles that companies face in their first year is critical. With Startups in Action, you will benefit from the invaluable knowledge of experience and be prepared to face the challenges of building a successful startup. What You Will Learn Acquire critical insights from the most successful startups, easily available and collated in one bookCompare and contrast the first year journey of your startup with that of giants such as Etsy, StubHub, Fiverr, and moreLearn how to build better startups by understanding what you should or should not do Who This Book Is ForThis book is for new and aspiring founders, and those curious to learn about the journeys of successful startups.
Startups international: Erfolgsfaktoren, Motivationen und persönliche Hintergründe
by Anabel Ternès Matthias SchäferDie 2. Auflage dieses Bandes überzeugt durch aktualisierte Daten und einen erweiterten allgemeinen Teil, der neue Erkenntnisse zum Thema mit in den Blick nimmt.Was macht erfolgreiches Gründen aus? Und wie wird man eigentlich zum Gründer? Startup-Gründer aus der ganzen Welt wurden für dieses Buch zu ihrer Kindheit, ihrer Unternehmensgeschichte und zu ihrer Motivation, ihren Krisen und ihren Erfolgsgeheimnissen interviewt. Die mehrstündigen Gespräche wurden mit jedem Gründer auf der Basis eines Leitfadens mit zentralen Fragen geführt. Herausgekommen sind Geschichten, spannende Einblicke in die Höhen und Tiefen der Biographien der Gründer. Kurz, ganz persönliche Einblicke in die internationale Welt der Startups. Ergänzend zu den Geschichten wurden alle Interviews wissenschaftlich ausgewertet und analysiert, um einen Einblick in den internationalen Startup-Kosmos zu bekommen.
Startups revolucionárias: Elimine a Concorrência Com Sua Startup Inovadora
by Jonathan S. WalkerComece o seu negócio como nunca antes possível com essas estratégias vitais Deseja que sua startup comece da melhor maneira sem muito esforço? Você precisa atrair possíveis investidores para obter uma vantagem sobre a concorrência? Você quer ganhar impulso rápido para que sua startup cresça exponencialmente nos próximos meses? Apresentando Startups Revolucionárias: Esmague a Concorrência Com Sua Startup Inovadora! As estratégias comprovadas para levar sua empresa aonde ela precisa ir. Aqui estão algumas das coisas que você aprenderá neste livro para começar bem o seu negócio: Ganhando tração para sua startup Usando e-mails para sua vantagem Capitalizando no Marketing por Email (principais estratégias para campanhas) Estratégias de Marketing Viral Dimensionamento de Pequena para Larga Escala Como se Alavancar no Marketing de Afiliados Aproveitando o Poder do Marketing de Rede para sua Startup E muito, muito mais! Pegue sua cópia deste livro hoje! Não perca todas as coisas incríveis reunidas neste poderoso livro de estratégia de negócios. O preço pode subir logo, então se apresse! Vá até o topo e pressione o botão "Comprar agora" hoje!
Starvation And The State
by Steven SerelsSudan has historically suffered devastating famines that have powerfully reshaped its society. This study shows that food crises were the result of exploitative processes that transferred resources to a small group of beneficiaries, including British imperial agents and indigenous elites who went on to control the Sudanese state at independence.
Starvation and India's Democracy (Routledge Advances in South Asian Studies)
by Dan BanikThis book analyzes India’s impressive efforts in responding to sensational and easily visible disasters in contrast to the ‘silent emergency’ of drought-induced under nutrition and starvation deaths. Building on Amartya Sen’s famous claim that no famine has ever occurred in a democratic country, it re-examines the relationship between democracy, public action and famine prevention. Drawing on both quantitative and qualitative data in India at national, state and local levels as well as in-depth field visits to two states on India’s east coast, Orissa and West Bengal, the author analyzes the following issues: the interaction between specific institutions in India and their accountability to the public the role of the media in highlighting problems of extreme poverty and destitution and the effectiveness of political and administrative responses to such reports the extent to which tribal groups are vulnerable to starvation and famine, and an analysis of whether starvation deaths in drought-prone Kalahandi district in Orissa are unique in India the impact of two major nutrition programmes, the Public Distribution System (PDS) and the Integrated Child Development Services (ICDS), in reducing the incidence, duration and impact of starvation deaths. Starvation and India’s Democracy will be of interest to researchers in economics, political science, philosophy, development studies and South Asian studies.
Starve and Immolate: The Politics of Human Weapons
by Banu BarguTells the story of leftist political prisoners in Turkey who waged a deadly struggle against the introduction of high security prisons by forging their lives into weapons.
Starved for Science: How Biotechnology Is Being Kept Out of Africa
by Robert PaarlbergListen to a short interview with Robert Paarlberg Host: Chris Gondek | Producer: Heron & Crane Heading upcountry in Africa to visit small farms is absolutely exhilarating given the dramatic beauty of big skies, red soil, and arid vistas, but eventually the two-lane tarmac narrows to rutted dirt, and the journey must continue on foot. The farmers you eventually meet are mostly women, hardworking but visibly poor. They have no improved seeds, no chemical fertilizers, no irrigation, and with their meager crops they earn less than a dollar a day. Many are malnourished. Nearly two-thirds of Africans are employed in agriculture, yet on a per-capita basis they produce roughly 20 percent less than they did in 1970. Although modern agricultural science was the key to reducing rural poverty in Asia, modern farm science—including biotechnology—has recently been kept out of Africa. In Starved for Science Robert Paarlberg explains why poor African farmers are denied access to productive technologies, particularly genetically engineered seeds with improved resistance to insects and drought. He traces this obstacle to the current opposition to farm science in prosperous countries. Having embraced agricultural science to become well-fed themselves, those in wealthy countries are now instructing Africans—on the most dubious grounds—not to do the same. In a book sure to generate intense debate, Paarlberg details how this cultural turn against agricultural science among affluent societies is now being exported, inappropriately, to Africa. Those who are opposed to the use of agricultural technologies are telling African farmers that, in effect, it would be just as well for them to remain poor.
Starving the Beast: Ronald Reagan and the Tax Cut Revolution
by Monica PrasadSince the Reagan Revolution of the early 1980s, Republicans have consistently championed tax cuts for individuals and businesses, regardless of whether the economy is booming or in recession or whether the federal budget is in surplus or deficit. In Starving the Beast, sociologist Monica Prasad uncovers the origins of the GOP’s relentless focus on tax cuts and shows how this is a uniquely American phenomenon. Drawing on never-before seen archival documents, Prasad traces the history of the 1981 tax cut—the famous “supply side” tax cut, which became the cornerstone for the next several decades of Republican domestic economic policy. She demonstrates that the main impetus behind this tax cut was not business group pressure, racial animus, or a belief that tax cuts would pay for themselves. Rather, the tax cut emerged because Republicans believed that following World War II, Democrats had created an extremely durable power structure based on offering government programs to Americans, through which they were able to unify an otherwise fractious coalition of farmers, workers, and African Americans and retain control of Congress for four decades. Republicans were reduced to lecturing about balanced budgets, an issue that did not win them many elections. The Republican party began to see tax cuts as an opportunity to alter these basic building blocks of American power. If Democratic power was built out of government programs, Republicans found a new power source in offering tax cuts. Once it became clear that the resulting deficits could be financed by foreign capital, this program reoriented the Republican Party, transforming it from the party of fiscal rectitude into a party whose main domestic policy goal is reducing taxes. With one party promoting government programs to appeal to voters and the other party promoting tax cuts to appeal to voters, and neither party able to generate electoral coalitions around addressing more pressing political and economic problems, this history reveals problems at the heart of contemporary American democracy itself. Prasad suggests some ways forward. Since the end of World War II, many European nations have combined strong social protections with policies to stimulate economic growth such as lower taxes on capital and less regulation on businesses than in the U.S. Starving the Beast suggests that taking inspiration from this model of progressive policies embedded in market-promoting political economy could serve to build an American economy that works better for all.
State
by Rawi AbdelalSurveys approaches to understanding the state; highlights the relationships between the state, order, and property; and offers an analytical framework for how states vary from place to place and over time.
State Aid Law and Business Taxation
by Wolfgang Schön Isabelle Richelle Edoardo TraversaThis book is a compilation of contributions exploring the impact of the European Treaty provisions regarding state aid on Member States' legislation and administrative practice in the area of business taxation. Starting from a detailed analysis of the European Courts' jurisprudence on Art. 107 TFEU the authors lay out fundamental issues - e. g. on legal concepts like "advantage", "selectivity" and "discrimination" - and explore current problems - in particular policy and practice regarding "harmful" tax competition within the European Union. This includes the Member States' Code of Conduct on business taxation, the limits to anti-avoidance legislation and the options for legislation on patent boxes. The European Commission's recent findings on preferential "rulings" are discussed as well as the general relationship between international tax law, transfer pricing standards and the European prohibition on selective fiscal aids.
State And Local Public Finance (Fourth Edition)
by Ronald C. FisherNow in its 4th edition, State and Local Public Finance provides a comprehensive and sophisticated analysis of state and local government public finance practices and issues, using the basic tools of economics. For this new edition, there is a focus on the most important services provided in the state-local sector: education, health and welfare, public safety, and transportation. This textbook provides an examination and analysis of public finance practices and problems in a federal fiscal system, focusing on the fiscal behavior and policies of state and local governments. The author presents detailed descriptions of significant institutions. Modern economic theory is applied to examine the way these institutions are used to produce and finance services, and to provide evaluation of alternative policies. Although the emphasis is on U. S. institutions and issues, much of the economic analysis can be applied to any federal system or to fiscal decentralization. This fully revised new edition sees updates throughout to data, topics, and applications. The Headlines and Applications sections reflect the most current policy issues affecting state and local governments. These include the effects of the Great Recession on state and local governments, changes in the tax treatment of internet purchases, the Affordable Care Act and implications for Medicaid spending by state governments, demographic changes and the implications for state-local finances, the implications of changes in automobile technology for transportation financing, and the potential for increased gambling activity. This text will continue to be invaluable reading for those who study public finance, local government finance, urban economics and public policy and public administration.
State And Society In Brazil: Continuity And Change
by John D Wirth Edson De Nunes Thomas BogenschildThis volume grew out of a conference series sponsored jointly by the Stanford-Berkeley Joint Center for Latin American Studies and the Instituto Universitario de Pesquisas do Rio de Janeiro (IUPERJ). Entitled "Opportunities and Constraints in Peripheral Industrial Society: The Case of Brazil," the first conference was held in Nova Friburgo in July 1983 and was followed up by another at Berkeley in late January 1984. In the course of our discussions, the subject matter widened so that a new title was chosen for this book. Also,in the interim, as Brazil made the transition to democracy and returned to economic growth, many topics on the agenda for the 1980s emerged in clearer focus, so that the chapters have all been sharpened and upgraded. In the division of labor that produced this book, Nunes coordinated the project at Berkeley and in Brazil, while Wirth and Bogenschild did the editing.
State Bank of India: Transforming a State Owned Giant
by Rajiv Lal Rachna TahilyaniFebruary 2011: O.P. Bhatt reflected contentedly on his five-year term as Chairman of State Bank of India (SBI), India's largest commercial bank. He had led SBI on a journey of transformation from an old, hierarchical, transaction oriented, government bank to a modern, customer focused, and technologically advanced universal bank. In 2006, when Bhatt assumed leadership, SBI had been losing market share for over two decades to private and foreign banks. Analysts and industry observers had predicted that at the prevailing growth rates ICICI Bank, a private bank launched in 1994, would overtake SBI in terms of deposits in four years. However, by 2010, SBI had more than doubled its profits, deposits and advances; regained market share and won the Asian Banker Achievement award for the strongest bank in the Asia Pacific region.