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One of the lessons supposed to be learnt to keep corporates ready for battle and ensuring that there is least disturbance when a senior executive retires or leaves the corporate is the Human Resource Department policy of ‘succession planning’. It was a policy and procedure to be implemented within corporates with the intent of identifying…
A study of World History shows that Human progress across centuries has been a witness to great disparity of income and wealth between the Upper Class and the Lower Class of citizens (with different strata of people in each class). Before the Industrial Revolution, the disparities of Income and Wealth appear to be very high. …
Studies show that among the large economies of the World, India has among the highest proportion of GDP by promoter family businesses. Considering the importance of Business in shaping GDP contours, we have to accept this side of India life, without too much demur. This is what we are. The Indian sub-continent countries (neighbouring countries…
One of the dilemmas that India as a Nation faces is the relative non-acceptance in the political class that higher Rate of Growth facilitates improved per capita income. There is a strong belief that higher growth rate increases income disparities while not doing enough to increase the income levels of the lowest income tiers. This…
Whether it be the political world of empires/powers (super/regional) or the world of Corporate dominance (Domestic / MNCs), the words soft power and hard power resonate with both these structures. Most of the political empires have followed the route of hard power – capture the land, exploit the land for its minerals, push your culture/beliefs/language…
It would not be an untruth if we say that the Indian Income Tax is against all canons of taxation – it is not equitable or fair considering that major income heads like agriculture income are not taxable, that income like dividend is taxed again. A salaried employee or a retiree / pensioner with monthly…
‘Operation Sindoor’ undertaken by the Indian Armed forces has many management lessons for corporates. While the situation may not be exactly similar for a battle between countries (one country with proxy fighters) and between businesses, many learnings can be extrapolated. The key learnings from ‘Operation Sindoor’ for corporate sector environment challenges are: You can get…
One of the most important financial advices given to a financial professional is – ‘follow the money trail’. In plain language, it means track who has finally benefitted from the event / service and / or has made payment for the same. Money never changes hands unless there is a benefit or advantage derived from…
The financial media (print & visual) is mainly focused during RBI Monetary Policy Committee (MPC) meetings on whether interest rates to Borrowers will come down, since inflation is supposedly turning benign. What seems to be getting forgotten is that interest rates affect 2 interest classes – the savings class (individuals) and the business (borrowing) class. …
The only really serious economic and financial talk all over the World is USA President Donald Trump usage of the concept of ‘reciprocal tariffs’. In simple language, the Trump Administration seems to be saying that USA tariffs on your country exports will closely match the import tariffs that you impose on USA exports. It is…
