My field of study being data/business analytics, I come across numerous published articles and papers on professional networks on how historic enterprise information when analysed in detail helps them to understand the underlying customer buying patterns and market demand which inturn transforms and boosts business of the same enterprise. Recently, there has been a sudden apprehension and appreciation of the old Indian inventions/theories (e.g.: in medicine, astrology, etc) and the western world has realized its significance after their research evidences matched the olden results!
Even with respect to analytics, which is a booming field of study today, it was since long that I was trying to relate it to the traditional retail system in India mainly with respect to those who have had generations spent in this occupation and still continue to have a hold over their businesses with the same firmness and competency. Somehow I could not get the answer to this question and was discussing on this with my dad when he rightly pointed that people who are into these businesses, have an extremely sharp memory and observation. They don't need paper based records to justify their sales and product agility. They keenly notice and track even the slightest and silliest object that is selling in their store with frequency, time and quantity. The study of current sales and how to outgrow them in future is taught to them by their ancestors merely through observation and the experience they hold having run the business over long period of time. And that is the reason my dad said everyone in this industry respects their parents and forefathers more than anyone. Because they are their tutors for data and business analytics who teach them how to keep the show running without all these modern world information systems!
I sometimes feel amazed to see the caliber of Indians and their work. You name a field of study and its there found out long ago and practiced for ages together. Any new theory/discovery comes up from Nasa, our saints have already known and documented it, only that its in Sanskrit and its pictorial evidences might not exist but the science does! Reading about all the Indian scripts, stories and observing the mode of work that each sect of people from the different parts in India follow, I dont think there is any question which would be left unanswered in any subject!
Even with respect to analytics, which is a booming field of study today, it was since long that I was trying to relate it to the traditional retail system in India mainly with respect to those who have had generations spent in this occupation and still continue to have a hold over their businesses with the same firmness and competency. Somehow I could not get the answer to this question and was discussing on this with my dad when he rightly pointed that people who are into these businesses, have an extremely sharp memory and observation. They don't need paper based records to justify their sales and product agility. They keenly notice and track even the slightest and silliest object that is selling in their store with frequency, time and quantity. The study of current sales and how to outgrow them in future is taught to them by their ancestors merely through observation and the experience they hold having run the business over long period of time. And that is the reason my dad said everyone in this industry respects their parents and forefathers more than anyone. Because they are their tutors for data and business analytics who teach them how to keep the show running without all these modern world information systems!
I sometimes feel amazed to see the caliber of Indians and their work. You name a field of study and its there found out long ago and practiced for ages together. Any new theory/discovery comes up from Nasa, our saints have already known and documented it, only that its in Sanskrit and its pictorial evidences might not exist but the science does! Reading about all the Indian scripts, stories and observing the mode of work that each sect of people from the different parts in India follow, I dont think there is any question which would be left unanswered in any subject!
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