New Book – “विठू तुझ्या दारी”(At your doorstep, Oh Lord Vitthal)

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Hello All,

I am very much excited to announce the launch of my 6th book called “विठू तुझ्या दारी”(At your doorstep, Oh Lord Vitthal). This book is about my mesmerizing and life-altering experience of the 250+ km journey on foot from Alandi to Pandharpur, called “Waari” in my Marathi language. This book has all the small details and my reflections and thoughts about the journey along with 150+ coloured photographs and many self-composed poems.

My previously published books are as follows:

– “Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depth”

– “Microsoft Dynamics 365 FinOps – Sales Order-based Revenue Recognition In-depth”

– कविताष्टक : Kavitashtak

– संवादाक्षरे : Samvadakshare

– गोष्ट तुझी माझी : Gosht Tujhi Majhi

My new book is an e-book available on Amazon at this link – https://www.amazon.in/dp/B0CQD26GWZ. I hope you all like my new book.

Kind regards

Sarang Jayant Kusare

New Book – 2nd Almanack of a D365 ProjOps (Integrated with ERP) consultant

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I am excited and very happy to share that my new book, called “2nd Almanack of a D365 ProjOps (Integrated with ERP) consultant”, is now released and is on sale on Amazon. This is my second book in the “Almanack” series. The first book, which was released in the earlier months of this year, was named “Almanack of a D365 ProjOps (non-stock) consultant.

While the previous book was divided into three parts, this time I’ve opted for a two-part structure. The reasoning is simple: foundational topics—such as the core project types, associated accounting treatments, and the related setups—were already covered in detail in the first book. Repeating those topics here would offer little new value to the reader. Instead, this new book builds on that base, allowing us to delve deeper into the areas that matter most for ongoing learning and practical application.

Part one focuses on the functional and technical aspects of the product. It highlights updates, subtle changes in behaviour, edge-case scenarios, usability issues, and some of the challenges that may arise during implementation. This section is intended to provide a well-rounded view of the product’s current state, helping consultants and teams make informed decisions.

Part two shifts focus to the human side of ERP consulting. It explores the soft skills that often determine the success of a project, including communication, expectation management, problem-solving under pressure, and the importance of adaptability and continuous learning. These topics are often overlooked but are essential for anyone striving to be an effective ERP professional.

I hope this second volume offers as much value to you as the first. Whether you’re revisiting familiar concepts or exploring new perspectives, my goal remains the same: to provide you with useful, actionable knowledge that supports your growth as a Dynamics 365 ProjOps (Integrated with ERP) consultant.

This book will be especially helpful to those who come from a FinOps background and are now transitioning into or expanding their work within the ProjOps (Integrated with ERP) space. That said, even seasoned ProjOps (Integrated with ERP) consultants may find valuable takeaways here—be it through fresh insights, clarification of edge cases, or as a quick reference guide.

Readers are expected to have a fundamental understanding of accounting principles, as this knowledge is often essential when working with the intricacies of the ProjOps (Integrated with ERP) solution.

Finally, if you’ve already read the first volume in this series, Almanack of a Microsoft Dynamics 365 ProjOps (non-stock) Consultant, you’ll be well-prepared to get the most out of this book. It builds on many of the foundational topics discussed there and takes them further in both depth and practical relevance.

Paperback link – https://amzn.eu/d/6w6MW46

eBook link – https://amzn.eu/d/i4Tk3ns

My other prose, poetry and Microsoft Dynamics 365 books are also available on Amazon. Do check them out..!!

Thanks

Sarang

New Book – Almanack of a Microsoft Dynamics 365 ProjOps (non-stock) Consultant

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Hi All,

With God’s grace and the blessings of the elder ones, I am very happy to launch my new book called “Almanack of a Microsoft Dynamics 365 ProjOps (non-stock) Consultant”. Please refer to the previously published books at the end of this message.

This book is essentially a collection of my daily learning notes, taken while implementing Microsoft Dynamics 365 Project Operations (non-stock)—hence the title, Almanack of a Microsoft Dynamics 365 ProjOps (non-stock) Consultant. It covers a range of topics, from product features and implementation details to soft skills and key experiences I felt were worth documenting along the way. This book is basically structured into three sections. The first section explores the fundamental project types and their accounting treatment, which I believe every ProjOps (non-stock) functional consultant should have a basic understanding of. The second section highlights key topics, issues, and notable observations I encountered during my experience with ProjOps (non-stock) implementations, which I hope will be valuable to readers. Lastly, the third section delves into the essential soft skills required for ERP consulting. This book is my sincere effort to document the knowledge and experiences I have gained as a Microsoft Dynamics 365 ProjOps (non-stock) functional consultant. This book can be read either sequentially or in a non-linear manner. While all topics focus on Microsoft Dynamics 365 Project Operations (non-stock) and its consulting, readers are free to explore any topic independently.

This book is primarily aimed at Microsoft Dynamics 365 ProjOps (non-stock) functional and technical consultants, who have a fair bit of idea and experience in Microsoft Dynamics 365 ProjOps and FinOps space. In my experience, there is a significant difference between a Microsoft Dynamics 365 ProjOps consultant and a Microsoft Dynamics 365 ProjOps (non-stock) consultant. The “non-stock” distinction is crucial, as it requires a strong understanding of Microsoft Dynamics 365 Finance & Operations—something that cannot be overlooked. This book is particularly useful for those with experience in Microsoft Dynamics 365 Finance & Operations who are relatively new to Microsoft Dynamics 365 ProjOps (non-stock). However, even experienced consultants in this field may find value in it—whether as a resource for new insights or a refresher on key topics. Lastly, it is important to note that a fundamental understanding of accounting is assumed for readers of this book.

This book can be purchased on Amazon:

The details of the previously published books are as follows:

  1. Poetry books:
    1. कविताष्टक : Kavitashtak (Collection of poems of 8 lines)- http://amzn.eu/g0ckv62
    1. गोष्ट तुझी माझी : Gosht Tujhi Majhi (Collection of poems) – https://www.bookganga.com/R/75VI0 
  2. Prose books:
    1. विठू तुझ्या दारी (At your doorstep, Oh Lord Vitthal – Travelogue of my epic 250+ KMS journey on foot over the course of 18 days from Alandi to Pandharpur) – https://www.amazon.in/dp/B0CQD26GWZ
    1. संवादाक्षरे : Samvadakshare (Collection of 20 short stories in the form of dialogues) – http://amzn.eu/2XlkVhB
  3. Microsoft Dynamics 365 related books:
    1. Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depth – http://amzn.eu/d/iIwQFDr
    1. Microsoft Dynamics 365 FinOps – Sales Order-based Revenue Recognition In-depth – https://amzn.eu/d/1g9m256

Kind regards

Sarang Jayant Kusare

Alandi to Pandharpur Paayi Waari – 2023 / आळंदी ते पंढरपूर पायी वारी २०२३

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राम कृष्ण हरी !! आळंदी ते पंढरपूर पायी वारी करण्याची संधी या वर्षी (२०२३) विठ्ठलकृपेने मिळाली. १८ दिवस वारीचा संपूर्ण अलौकिक अनुभव घेऊन खूपच छान वाटले. वारीत असताना मी वारीची रोजनिशी ऑडिओ स्वरूपात रोज रात्री रेकॉर्ड करत होतो आणि आपल्या आप्तेष्टाना पाठवत होतो. spotify वर ती अपलोड करून त्याचे ऑडिओ ब्लॉग्स सद्या करतो आहे.आशा आहे आपल्याला ही श्रवण वारी आवडेल..!!पांडुरंग हरी वासुदेव हरी !! जय जय विठ्ठल श्री हरी विठ्ठल !!

https://spotifyanchor-web.app.link/e/xPwqbjdonBb

Alandi to Pandharpur Paayi Waari – 2023 / आळंदी ते पंढरपूर पायी वारी २०२३

All 17 episodes / संपूर्ण १७ भाग !!

Sarang Kusare / सारंग कुसरे

Microsoft Dynamics 365 FinOps – New Book on Sales order based Revenue Recognition

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I am very much excited to announce the launch of my second Microsoft Dynamics 365 FinOps book on Amazon called “Microsoft Dynamics 365 FinOps – Sales Order-based Revenue Recognition In-depth”. Please check the link below. This book is available in paperback and e-book format (Kindle).

Link for Microsoft Dynamics 365 FinOps – Sales Order-based Revenue Recognition In-depthhttps://www.amazon.co.uk/Microsoft-Dynamics-365-FinOps-depth/dp/B08L41B9S1/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1603708500&sr=8-1

Microsoft Dynamics 365 FinOps has a new offering – a new “Revenue Recognition” module where the revenue recognition is sales order-based. The module is introduced to empower the users to execute revenue recognition for contracts in line with rules and regulations as mentioned in IFRS 15.

This book has in total 256 pages and the pages are all colored so that the screenshots are seen in much greater detail for better understanding. The book not only explains the topic theoretically but also has supporting T-account details which give an overall picture of the entire revenue recognition process. Please see the actual images of the paperback copy.

As mentioned earlier, I did write a book previously about fixed price projects revenue recognition. When I learnt about this new feature of sales order revenue recognition in the system, I thought of completing the loop. And hence created a book about this new sales order based revenue recognition, so that both of these two books together would broadly cover the revenue recognition area in Microsoft Dynamics 365 Finance and Operations system collectively and would be helpful for the end users as well as functional consultants.

Link for Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depthhttps://www.amazon.co.uk/Microsoft-Dynamics-365-FinOps-depth/dp/1723988812/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1603708550&sr=8-3

Hope the readers find this new book (and the previous one) insightful and hope they get more knowledge about how the system recognizes revenue using this new sales order-based revenue recognition offering.If you have any acquaintances, associates, colleagues, friends, relatives, and people you know, who work in Microsoft Dynamics 365 Finance and Operations, please share this news with them.

Thanks…Stay calm and safe!!

Kind regards

Sarang Kusare

What got you here…Won’t get you there…Marshall Goldsmith..!!

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I was reading a Marathi book named “Majjano Monday” (translation: Joyful Monday) by Navin Kale and in one of his articles Navin Kale mentioned about Marshall Goldsmith and his book titled, “What got you here…Won’t get you there”. I was intrigued to read about it and thought I should give it a read as well. Hence I ordered it instantly and started reading it. I must say that this book was an eye-opener for me. It was like someone showing me a mirror about all the wrongdoings that I was unknowingly undertaking and a path to correct them as well.

The key message of this book is, in office/corporate life, there is a limit to which your professional, university degrees will help you. Beyond that limit, it’s always those subtle, magical soft skills, which you would not have learnt anywhere else, which will do all the magic. While reading this book, I could constantly relate the content to me, many of my colleagues, my managers to up to the top leadership level. This book was a real treat in terms of understanding what need not be done than what actually should be done. The book discusses in details the twenty habits that hold you back and stop you from advancing your career in the right direction. The analysis of all the twenty habits is so very well done, that after reading each one of them you get a completely different outlook and a new dimension to look at each one of the habits. Though it is easy to read and difficult to follow, as Marshall himself says in the book, it is better to at least start by reading and knowing them all. The habits that are discussed in the book are as follows:

  1. Winning too much
  2. Adding too much value
  3. Passing judgement
  4. Making destructive comments
  5. Starting with “No”, “But” or “However”
  6. Telling the world how smart we are
  7. Speaking when angry
  8. Negativity or “Let me explain why that won’t work”
  9. Withholding information
  10. Failing to give proper recognition
  11. Claiming credit we don’t deserve
  12. Making excuses
  13. Clinging to the past
  14. Playing favourites
  15. Refusing to express regret
  16. Not listening
  17. Failing to express gratitude
  18. Punishing the messenger
  19. Passing the buck
  20. An excessive need to be “me”

And the bonus one was “Goal obsession”.

The examples that are given while discussing these habits were real eye-openers. The problem areas are very well discussed and then the solution areas too, are very well detailed. The solution areas being:

  1. Feedback
  2. Apologizing
  3. Telling the world, or Advertising
  4. Listening
  5. Thanking
  6. Following up
  7. Practising feedforward

And in the end, Marshall Goldsmith points out the findings from his research where he interviewed 200 high-potential leaders from 120 companies around the world. The question that was asked was, “If you stay in this company, why are you going to stay?”. Marshall points out that the top three answers were:

  1. “I am finding meaning and happiness now. The work is exciting and I love what I am doing”.
  2. “I like the people. They are my friends. This feels like a team. It feels like a family. I could make more money working with other people, but I don’t want to leave the people here.”
  3. “I can follow my dreams. This organization is giving me a chance to do what I really want to do in life.”

With these findings, Marshall Goldsmith sums up by saying that it is not always the money that is the key driver alone and with all the small subtle behavioural changes made, the place of your work can be more joyful, filled with happiness and full of value for you as well for the company.

But while reading this book, I was constantly thinking about one more thing and that was more around being calm and composed from within. The twenty habits and the remedies to correct them are very well presented in this book. But for being confident from within, you should be really good at what you do, be really skilfull and then apply the dressing of these soft skills on top of it. I mean if you do not have enough knowledge about the area of your work, the proper hard skills, but if you are just good in soft skills, I think that won’t work. You still have to earn the hard skills no matter what, there is no escape to that. Having said that, soft skills are the ones which would make you go further and farther.

I enjoyed the read thoroughly and would highly recommend this book who wish to understand the essential skills required other than the hard skills to be successful and valuable at work.

 

Thanks

Sarang

Steve Jobs by Walter Isaacson – MUST READ

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Finally finished reading the 500+ pages detailed autobiography of one of the most influential tech personality of the modern world, the ‘Apple’ man Steve Jobs. Most autobiographies influence you in a positive fashion and you tend to learn from them unknowingly but with this one, you tend to like reading about Steve Jobs but it does not leave a good taste about him as a person because of the way he treated the people in his office and in life in general. I mean howsoever intelligent, influential, powerful you might be but that’s a waste if you cannot treat your fellow beings with dignity and respect. I specifically remember one very powerful thought from Sachin Tendulkar’s autobiography, which Sachin’s father (Ramesh Tendulkar) taught him and that is of being remembered as a great human being than a great cricketer. To quote what his father said to him:

“How many years will you play the sport? Twenty years; if you are very good, maybe even twenty-five years. Even by that yardstick, you will live the majority of your years outside the sphere of professional sport. This clearly means there is more to life than cricket. I am asking you, son, to keep a pleasant disposition and maintain a balanced nature. Do not allow success to breed arrogance in you. If you remain humble, people will give you love and respect even after you have finished with the game. As a parent, I would be happier hearing people say, “Sachin is a good human being” than “Sachin is a great cricketer” any day.”

Some people might say I, am comparing apples with oranges here, as the area of work for both the individuals is different. But even if that is true, treating human beings and their self-dignity with utmost care should be at the forefront, no matter which sport or business you are into. And that’s where, when it comes to learning from the life of Steve Jobs, you feel ok he was great, he was visionary, he changed the lives of millions but at the same time he was horribly wrong on one of the most important aspects of being human and that is empathy, which he lacked.

Steve Jobs life is full of twists and turns, packed with full emotions and drama at times. However, the most important quality about Steve Jobs that stands out is his vision and to work relentlessly to achieve that vision at any cost, no matter what. This approach actually led him to get the best from whosoever he worked with. And the people who could not bear his approach eventually left him or were fired. He always used to assert on working with A-players and separated and fired the B-players which he found incompetent. He would always make sure that the end-user experience is as simple as possible in all of his products be it Mac, MacBook, iPod, iPhone, iPad etc. and to achieve that simplicity in products he would behave as complexly rude as possible with the colleagues, subordinates. He would even comment an idea suggested by any colleague as, “Utter bullshit” idea and then in the next team meeting would highlight that same idea as “Excellent” and as his own in front of everyone, without acknowledging the owner of the idea. There are multiple examples given about this typical behaviour of Steve Jobs in his autobiography.

While reading such things about Steve Jobs I used to always remember one line from Gulzaar’s (very well known Oscar winner poet/lyricist from India) songs and the line goes like this:

“Badi nichi rahe hai uchaiyo ki”

Meaning – The path to success goes through lowest of terrains.

This line of Gulzaar saab can be interpreted in many different ways, as per your understanding and experience. But somehow that line always rang a bell in my conscience during the entire span of reading this autobiography. Also, one more thing that kept me surprised was he was a regular reader of “The Autobiography of a Yogi” (Autobiography of Swami Yogananda, which I have read and should be at the top on the list of autobiography readers)  but none of that reading actually was seen in his behaviour with other people. Even after facing death in the later part of his life, his egomaniac attitude continued till the very end. I mean Steve Jobs’s autobiography is actually a roller coaster ride, where at times it so happens that you start developing a soft corner for Steve but suddenly you read about his behavioural whims and fancies and you tend to get neutral or even getting puzzled as to “was he really such a jerk?”.

Having said that I still enjoyed the entire read, his struggles with himself as a person, the reality distortion field, the unwavering sharp pointed look, his observations about the eastern and the western world where he always used to rate East’s ‘Intuition and Experiential wisdom’ over West’s ‘Science and Intellect’, his issues with his family, his relationship with his daughter etc. About copying stuff, he had openly criticized Microsoft, Google throughout his life but he himself had copied the idea of computers from Xerox PARC. To quote it directly from the book:

“The Apple raid on Xerox PARC is sometimes described as one of the biggest heists in the chronicles of the industry. Jobs occasionally endorsed this view, with pride. As he once said, “Picasso had a saying, ‘good artist copy, great artists steal’ and we have always been shameless about stealing great ideas.” 

By the end of the autobiography, all the events in the life of Steve Jobs, help you formulate his image in your mind and I must say other than being a great visionary and perfectionist the image that forms in the mind of the reader is not a favourable one. I mean these are my thoughts and people are free to disagree with it. Having said that in the last chapter (chapter 42) Walter Isaacson has shared Steve Jobs thoughts in his own words, about his life in general and his way of doing things and they are pretty justifiable. But all that matters, in the end, is how you are remembered as a human being and what legacy you have left behind. In the case of Steve Jobs, he has left behind a legacy of some great products, great companies, great transformations coupled with lack of empathy and respect for others.

Thanks

Sarang

Was “Hit Refresh” by “Microsoft Future Decoded 2018” – Part 2

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As mentioned in the previous post, with all those thoughts from “Hit Refresh” fresh in my mind, I just fully immersed myself into the event for the next two days. The keynote speeches, the HoloLens demo, Virtual reality demo, classroom sessions on various topics ranging from AI, Quantum computing to Augmented reality, PowerApps etc. were just amazing and fantabulous.

with Will Dorrington

For me personally, one of the major highlights was the mixed and augmented reality demo I had wearing the HoloLens and experiencing first hand what I had read so far on the topic of MR and AR. The demo was about the remote assistance, where the supervisor is guiding the field technician from his office. I was the technician in that demo and I got a chance to wear the HoloLens and perform the operation myself taking the cues from the HoloLens. With HoloLens on my head, I could see the skype window with supervisor’s face in it, on the left-hand side and the instruction steps on the right-hand side. The actual circuit on which I had to perform the operation was in front of me. The supervisor, on the other hand, was seeing exactly what I was seeing in front of me from the HoloLens. The supervisor then used pointers, highlighters on his Surface Pro, to guide me with what I need to do with the circuit that I need to fix. Whatever he was highlighting, I was able to see it overlayed on the actual circuit and based on his inputs and guidance I was able to perform my job. This was an amazing experience as I got to believe in what I have been reading so far on this topic.

I was already in awe with this experience and before that effect could fade away, I experienced one more mind-boggling facet of the unbelievable HoloLens technology and that was more around mixed reality. By the way, just one clarification, before this event I used to interchangeably use the words ‘Augmented reality’ and ‘Mixed reality’ and I used to think they are the same. But in this event, I got to exactly know and experience the difference between the two. The difference is as below:

  • Augmented reality superimposes the physical world with digital objects/animations of any sort.
  • Mixed reality integrates digital objects into the physical world making it look as if they are really there, completing the entire picture for the user.

Just to complete the spectrum, I am mentioning the definition of VR as well below:

  • Virtual reality replaces your world with a virtual one. VR was my next best experience at this event.

The first part of the demo involving the remote assistance was all about the augmented reality, where the real circuit was superimposed by the objects, animations that were guiding me to perform my job better. However the second part of the demo was about the mixed reality and that just blew my mind, literally. Long story short, there was a small part of a long turbine physically there in front of us, which I needed to repair but when I wore the HoloLens, the entire turbine was visible to me as if it was real, though it was not there physically. This technology not only superimposed the digital objects on the part of the physical machine that was there but also integrated the digital view of the remaining machine, which was not there, into the physical part of the machine, which was there. Ideally Mixed reality = Augmented reality + Virtual reality. On the HoloLens, I was able to see the entire turbine along with the computer-guided instructions to repair it, with all the hologram seen clearly from the Hololens. I was literally moving all the screens in front of me by doing all the birdy dance with my thumb and the index finger with the help of HoloLens, in the air and performing my actions on the turbine, just like the way Tom Cruise moved it in the movie ‘Minority report’. I would never forget this experience.

Other notable experience was the Virtual reality experience, as mentioned above, which was about experiencing the house even before it is built from the inside out. That experience too was mind-blowing as virtual reality would allow you to feel the end product virtually before it manifests into reality.

Experiencing VR and MR

Another notable stall was of SAP, where they were demoing the SAP HANA One Demand product. It was too good to see the Artificial Intelligence embedded in their product and what it could do with the help of IoT (Internet of things). The reporting capabilities and the AI around it too were superb to watch. Just to illustrate more on it, the presenter dragged the excel sheet with some sales data into the reporting application screen. Once the excel sheet was dragged and absorbed by the system, with AI and machine learning capabilities system itself first determined the type of data that was presented to it and then decided the best possible way to display it in the form of the visual report. This was similar to PowerBI but something even more than that. Having said that PowerBI too have AI capabilities when the user asks “Show me the sales for this quarter?” and the system displays that correctly.

Empowering a Modern Workspace with AI

This reminds me of one of the notable classroom sessions that I attended about AI and that was “Empowering a Modern Workspace with AI”. The speaker there gave very relatable examples about AI and that was really good. It was mentioned that there are three layers to AI and they are ‘Pattern recognition’, the middle layer is ‘Perception’, sensing more and more complex scenes and the final layer being ‘Cognition’, deep understanding of human language. The session again underlined the fact that though AI is in its nascent stages, everything around technology is ultimately moving in that direction only.

Apart from all this, there was one more session that I kind of did not understand fully but conceptually got what speaker was saying and that was about quantum computing. I understood the analogy of linear computing finding the way in the maze by trying one possibility at a time but quantum computing doing all the possibilities all at once to arrive at the correct answer and that too in no time. One more concept of a molecule present at two different places at the same time at a sub-atomic level, quite didn’t make sense to me, though I could relate to that concept spiritually as this same phenomenon is mentioned many times in ‘Autobiography of a Yogi’ (Steve Jobs’s most favourite book. This book is an autobiography of an Indian guru Swami Yogananda). Other than that I didn’t understand much but the benefit of that session was it left me hungry to know more into that topic, which is supposed to be the future technology trend. I actually then searched on youtube about it and found very informative Microsoft videos called ‘Explanimators’. You can watch them here.

Other key highlights of the event were, interview of the great actor Sir Michael Caine CBE, speech by the famous scientist and broadcaster Dr Maggie Aderin-Pocock MBE, keynote speech by Satya Nadella and the famous author and sportsperson Matthew Syed. All the above 4 speeches were amazing and of great value.

Sir Michael Caine CBE spoke about being honest, truthful and full of integrity with whatever you love to do and perform and pursue it with full passion and hard-work. It was an experience in itself to hear from the legendary artist.

Sir Michael Caine CBE

Scientist and broadcaster Dr Maggie Aderin-Pocock MBE is an amazing orator. She just left everyone in the auditorium spellbound with her passionate and inspiring speech about having a crazy dream and having a fire in the belly to go after it and achieve it. The way she presented herself on stage, telling her whole life story and her achievements, no one would believe that she was dyslexic as a child and had to change 13 schools to complete initial education. That was truly amazing and inspiring.

Dr Maggie Aderin-Pocock MBE

Satya Nadella’s speech was the ultimate speech as he touched upon many different topics around the emerging technologies and how ‘Intelligent cloud’ and ‘Intelligent edge’ is going to shape, transform and disrupt the future in more productive and positive manner. He also spoke more on AI as this the ultimate aim where everything is driving to.

Finally, the talk delivered by Matthew Syed was also an engaging and enlightening one. The one statement that he made in this entire speech struck a special chord in me and that was about humility and confidence. Matthew made a very subtle but valid point about it. He said a person should have confidence in execution but humility while evaluation and not the other way around.

All in all those two days were full of amazement and enjoyment of having seen, experienced, listened to something that is truly incredible, promising and exciting all the at the same time. Along with me many of my office colleagues were with me at the event.

Lucy, Dan, I, Chris and Will

Just before I end, would like to inform the readers about the Microsoft Ignite event happening on 26th and 27th of February 2019. This event is happening at the same fantastic venue, Excel London and the most important thing, it is free and registrations are open, so hurry up!!!

Thanks

Sarang

 

Was “Hit Refresh” by “Microsoft Future Decoded 2018” – Part 1

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What a timing I must say, I just finished reading “Hit Refresh” by Satya Nadella and within a few days I received registration confirmation from Microsoft that I can attend the “Microsoft Future Decoded 2018” event. I was very much excited to attend the event as that was my chance to experience what I just finished reading in “Hit Refresh”. However, before I write about my experience at the event, let me first write something more about this wonderful book called “Hit Refresh” by none other than the present Microsoft CEO, Satya Nadella.

Working day in and day out in the Microsoft product stack (like Microsoft Dynamics 365 Finance & Operations, Customer engagement, PowerAps, PowerBI etc), I wanted to read something more about Microsoft, not from a technical or product related perspective but more from the organization perspective. With this thought in mind when I entered the Foyles bookstore in Waterloo and I got this book. I have always loved autobiographies as they are the first-hand account of what the person in question has gone through in his/her life. In terms of motivation and having a different perspective on life, autobiographies are way much better than the self-help books, because autobiographies are more straight from the horses’ mouth and hence more effective and long-lasting in terms of the impact that they make.

Hit Refresh

The book talks about Satya’s personal journey from his childhood in India to the point of he becoming a CEO of Microsoft and beyond. The book is a very engaging and interesting read but key takeaways from the book are some of these statements mentioned below. I actually have the habit of reading books with marker/ pen/pencil in hand, so that I can mark / highlight / underline the lines that I liked the most. In a nutshell, this book not only talks about his personal journey but also talks more about the journey on which Microsoft has been and what its journey would be like in future.

                                         

Some of the lines from the book “Hit Refresh”, which I couldn’t help from quoting it here are as below. They are mostly around leadership, technology, future trends at Microsoft.

    • Compete vigorously and with passion in the face of uncertainty and intimidation.
    • You must always have respect for your competitor, but don’t be in awe of it. You must go and compete.
    • One brilliant character who does not put the team first can destroy the entire team.
    • Leadership is about bringing the best in everyone, to bolster the confidence of the people you are leading.
    • An empathetic leader should always think about how the technology his team creates affect the daily lives of the people using it.
    • Consistency is better than perfection.
    • For anything monumental to happen, there has to be a great mind or a set of agreeing minds.
    • Microsoft mission – to empower every person and every organisation on the planet to achieve more.
    • The world is divided into learners and non-learners, demonstrating that a growth mindset can move you forward but a fixed mindset can limit you.
    •  Learning to fly is not pretty but flying is.
    • To be a leader in this company, your job is to find the rose petals in the field of shit.
    • Bring clarity to those you work with (while explaining this point, Satya mentioned that he does not want someone to be the smartest person in the room, but he wants that same person to use their smartness/intelligence and use it to develop deep shared understanding within teams and define course of action in the event of uncertainty.
    • Leaders need to inspire optimism, creativity, shared commitment and growth through times good and bad.
    • Success can cause people to unlearn the habits that made them successful in the first place.
    • Trust is built by being consistent over time. Trust has many components as well, respect, listening, transparency, staying focused and being willing to hit reset when necessary.
    • Partnerships are journeys of mutual exploration and so we need to be open to unexpected synergies and fresh ways to collaborate. Openness is the best way to get things done and to ensure all parties feel terrific about the outcome.
    • Being straightforward with one another is the best way to achieve a mutually agreeable outcome in the fastest time possible.
    • Tomorrow always begins with a chance to create new opportunities.
    • Time needs to be managed with Employees, Customers, Products and Partners.
    • We tend to overestimate what we can achieve in the short run but underestimate what can be achieved in the long run.
    • Mixed Reality (MR), Artificial Intelligence (AI) and Quantum computing are all independent threads today but they are going to come together in future.
    • MR will become an essential tool in medicine, education and manufacturing.
    • AI will help forecast crisis like Zika epidemic and help us focus our time and attention on the things that matter the most.
    • Quantum computing will give computational power to cure cancer and global warming.
    • At Microsoft, we are betting that quantum computing will make artificial intelligence more intelligent and mixed reality even more immersive.
    • E + SV + SR = T/t (Empathy + Shared values + Safety and Reliability = Trust over time)
    • No product or policy works if it fails to reflect and honour the lives and realities of people and that requires those who design the product to truly understand and respect the values and experiences underlying those realities. So empathy is a crucial ingredient in developing a product or a policy that will earn people’s trust.
    • Trust is essential and it is also painfully vulnerable to a multitude of forces.
    • (Education + Innovation) * Intensity of tech use = Economic growth
    • Societies that utilize new tools quickly are likely to be more productive.
    • Although automation tends to reduce employment and the share of labour in national income, the creation of complex tasks has the opposite effect.
    • The third wave of globalization will come when telepresence and telerobotics(like HoloLens) become affordable.

Most Important Point, hence direct from source 🙂

With all this fresh in the mind, I attended the two-day “Microsoft Future Decoded 2018” event here at the Excel exhibition centre in London. More about that in part 2 of this thread, till then hit refresh..:-).

Thanks

Sarang

New book on Microsoft Dynamics 365 FinOps – “Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depth”

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I have released a new paperback book called “Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depth” on Amazon about the fixed price projects revenue recognition last Thursday .i.e. 27th September 2018. In this blog post i am going to talk about the book and the motivation behind that.

I knew basic fixed price projects revenue recognition and how to perform it in the system. However, when it came to knowing all the possible fixed price projects revenue recognition scenarios, i always had to dig the internet and find out how this scenario works and how that scenario works. And while doing that i realized that apart from the basic information about the fixed price revenue recognition, there was not much available on the internet. This triggered me write this book. I thought lets put all the logical and allowed scenarios on paper in details, along with the screenshots, explanation, supporting T-accounts, other relevant details, exceptions, shortcomings, specific behavior  and have it all in one place, in one book. The aim was to stop looking the internet endlessly for this topic henceforth.

What i did initially was plotted all the permutations and combinations with all the elements of the project group like 4 values of ‘Revenue recognition accounting rule’, 3 values of ‘Calculation methods’ and 4 values of ‘Matching principle’ and put them on excel sheet. The number came somewhere around 36. Also added further scenarios when i brought the ‘Cost template’ and its values for ‘Completion based on’ in scope. This added few more permutations and combinations with ‘Straight line’ and ‘WBS’ type of revenue recognition further adding to the scope. However, after trying each one of them by setting them up individually in the system, i concluded that 11 unique scenarios are the ones which i should be writing about in this book.

I decided to name it as “Microsoft Dynamics 365 FinOps – Fixed Price Projects Revenue Recognition In-depth” as this book gives the in-depth explanation for all the 11 scenarios along with all the accounting and relevant supporting details in over 200 pages. The second important decision was to print this book in COLOR, as the screenshots had many markings in RED, which i wanted the readers to really look at and understand it at once. The aim was always to uncover this complex beast of revenue recognition engine for fixed price projects.

Being a functional consultant, i have always faced many situations when client used to ask questions about a specific revenue recognition scenario and whether that is possible in the system and can i explain it. My regular answer was, “Let me get back to you on this”, as i knew that this is a complex area and this needs thorough preparation before presenting it to the client. Now with this book in place, i am personally in a much better position than what i was earlier. Not that i would answer all the questions about this topic instantly but at-least the turnaround time on them and the confidence would be much higher. I seriously feel that consultants working in the area of ‘Project management and accounting module’ of Microsoft Dynamics 365 FinOps, should definitely have a read through of this book.

Amazon link for the book is as follows: http://amzn.eu/d/7cEcot9

If you happen to read the book and if you wish to provide any feedback, then don’t hesitate to email it to me on kusaresarang@gmail.com. And if you like the book, then please write a review on Amazon, so that it would benefit other buyers too.

Thanks again!!

Kind Regards

Sarang Kusare