Should startups invest in high quality or faster development?
Sitting in the “Entrepreneur talk” session held at the Sauder Business School, I hear from the CEO and co-founder of Shoeme.ca, one of the Vancouver’s fastest growing e-commerce website, – “large chunk of your investment should be spent on marketing. Technology and product quality can always be concentrated later on.” This statement leaves me astray as it disrupts the fundamental ideology I had developed over the years as a software developer. As an engineer, my focus has been optimizing product quality. What my bachelors education and work experience taught…read more
WestJet Company Stock Valuation
Company: WestJet Airline Ltd, is a Canadian low-cost carrier, was founded in 1996. It is a publically traded company with around 9600 employees. Its working fleet currently consists of 110 Boeing 737 and Bombardiers aircraft carriers. To cater to expanding service WestJet is in the process of acquiring new aircraft which number to 105 and will be delivered post 2017. Business model: WestJet currently operates in two models namely – WestJet and WestJet Encore. WestJet started with a low cost air transportation strategy directly competing with Air-Canada. Over the…read more
Optimizing Bench resource utilization
IT sector in India contributes about 40% to the Nation’s GDP, employing 25% of Indian workforce. Amongst various advantages that is infused by this sector, it is also known to employ a huge number of employees to constitute its “Bench Force”. So what exactly is Bench Force? Why does a company need one? Bench force is needed by company to portray its ability to accommodate new projects. Thus, more the number of the employees in Bench Force, faster is the company’s ability to start new projects without actually having…read more