About the blog

This is blog features a collection of short articles by V. Premnath.

The articles try to compile some of the thoughts, suggestions and ideas that I have shared with young people who have approached me for advise.

This blog is connected to the website, www.premnath.org

You can write to Premnath at v.premnath(at)ncl.res.in

Recent Posts

(16 Dec 2019) Benjamin Franklin method of taking decisions

I first came across Benjamin Franklin’s method of taking decisions while reading one of the books that described the many practical pieces of advise he gave. I have always found this piece of advise useful in my life (all though I use it partially). Recently, I shared this with my son when he was to take an important decision. I am sharing it here for the benefit of others.

The method has three parts:

  1. First frame the issue that needs a decision and write it down
  2. Franklin observed that when we feel confused and unable to take a decision, it is due to our mind recognising different reasons for taking the decision on way or the other at different times independent of each others. At any given time, we are not able to keep all the pros and cons together in our mind. His solution: Write down all pros and cons.
  3. Once you have a list, how do you decide?  He suggests matching one or more pros with one or more cons based on comparable degree of importance and ruling those out from further consideration until you are left with only a few pros and cons to decide between.

I personally like Point 1 and 2 above and use it often.  However, Point 3 requires a certain degree of algebraic efficiency that I find difficult to do. But  the good news is that just doing 1 and 2 helps you take a decision with more confidence and assures you that you have taken a decision after careful consideration.

For those who are interested in reading more:

  1. (15 Dec 2019) My wish list for a Pune Knowledge-driven Innovation Cluster Comments Off
  2. (15 Dec 2019) Pune’s Knowledge, Innovation & Industry Clusters Comments Off
  3. (15 Dec 2019) On innovation clusters Comments Off
  4. (26 Oct 2019) What should India’s strategy on indigenous API manufacturing be? Comments Off
  5. (23 Sep 2019) Farewell to Guru Comments Off
  6. (25 Aug 2019) Science, engineering and technology Comments Off
  7. (2 Sep 2019) Disruptive innovation at the interfaces of the drug industry Comments Off
  8. (22 May 2019) Lessons from Sweden in Innovation Management Comments Off
  9. (25 Dec 2018) So you want to be rich? Comments Off
  10. (25 Dec 2018) Pune Startups: Review and Outlook Comments Off
  11. (16 Dec 2018) The Perfect Librarian and “Cool” Lady: Remembering Saroj Krishnaswami Comments Off
  12. (12 Oct 2018) Open Innovation: Excerpts from CII CTO Summit Comments Off
  13. (2 Sep 2018) My memories of my grandfather Comments Off
  14. (11 Aug 2018) Convocation address, Dept of Chem Engg, IIT-Bombay Comments Off
  15. (25 June 2018) Selected reports on startups and VC investments in India Comments Off
  16. (25 June 2018) Selected Readings on Incubation and Acceleration Comments Off
  17. (20 May 2018) Interesting comments in Blink article on Memes Comments Off
  18. (22 April 2018) New book on Med Tech Innovation by Prof Ravi, IIT-Bombay Comments Off
  19. (20 April 2018) Dr Padmanabhan’s new memoir Comments Off
  20. (20 April 2018) Using Rallly for scheduling meetings involving multiple busy people: Comments Off
  21. (21 July 2017) Learning from Ashish Comments Off
  22. (10 June 2017) Mission Admission — A reality check! Comments Off
  23. Excerpts from “Shoe Dog: A memoir by the creator of Nike” by Phil Knight. Comments Off
  24. Defining technology, innovation, entrepreneurship, social entrepreneurship! Comments Off
  25. (2 June 2016) Success is defined by your choices Comments Off
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  27. How can startups attract and retain talent? Comments Off
  28. Career development: Growing in responsibilities Comments Off
  29. Tips for writing a Statement of Purpose (SOP) Comments Off
  30. Does poor academic performance in school/college matter to my prospects? Comments Off
  31. Quotes from “I too had a dream”, by Verghese Kurien Comments Off
  32. Tips on writing good resumes Comments Off
  33. How to choose a company name (in India)? Comments Off
  34. Careers in intellectual property in India Comments Off
  35. On social enterprises Comments Off
  36. What is entrepreneurship? Comments Off
  37. How should you choose a place to pursue undergraduate studies? Comments Off
  38. Seeking a job vs seeking excellence Comments Off
  39. How do US universities decide on who to admit for PhD programs and offer scholarships? Comments Off
  40. No absolutes Comments Off
  41. Fire in the belly Comments Off
  42. The curse of versatility Comments Off
  43. The opportunity in front of chemical engineers today Leave a reply
  44. What is Chemical engineering? Leave a reply
  45. What is science? What motivates scientists? Leave a reply
  46. Should you join a PhD program? Leave a reply
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  48. Learning goals for primary school children Comments Off
  49. Launch of the blog Comments Off