Monthly archives of “December 2014

Planning vs Design

Planning applies established procedures to solve a largely understood problem within an accepted framework. Design inquires into the nature of a problem to conceive a framework for solving that problem. In general, planning is problem solving, while design is problem setting. Where planning focuses on generating a plan—a series of executable actions—design focuses on learning about the nature of an unfamiliar problem.


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Bitcoin and Emerging Markets

In my op-ed for Mint, I write about the potential applications bitcoin could have specifically for emerging markets like India: India’s banking and financial services industry has incumbents that are inert, sloth-like and highly risk-averse. The banking industry in particular…