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Showing posts with the label growth

Expert Advice

I find little use in most of the advice I receive, so I merely pass it on. People mistakenly believe, that I am an expert. As the Indian economic growth slows rapidly, the falling value of the rupee, the dangerous erosion of social institutions, we have political and economic pundits crawling out of every nook and cranny. They hog all the prime time on television, and prime space in the newspapers and magazines. I read and listen to their analysis of the situation and the advise these people dole out. I would have been amused had the situation not been so bleak. The politicians are the most entertaining, focusing more on theatrics rather than facts they blame everyone else except themselves. The economists offer many deep theories, several of them even make sense. However it is a known fact that, economists can fully explain a situation only many years after the incident occurs, and they have understood somewhat what really happened. It is not difficult to be critical in h...

The neck of the bottle is always at the top.

        F requently requested to assist organisations large and small, I observe a common and recurring theme.  The issues revolve around the struggle of owners /managers to manage effectively. This is visible predominantly in companies that have started small and are growing, in family run businesses and families themselves. They are invariably puzzled that management approach, style and methods which worked so well in the past, now just don't work anymore. They resort to even more hard work and effort, yet the situation only worsens. Finding themselves in unfamiliar situations they dart here and there implementing fads, half hearted strategies alien to their thinking and character. They do this because they are getting frustrated and doing something is considered better than doing nothing. They change staff and managers. They churn product mix, vendors and even customers and markets. They try so many things but nothing seems to work. They chang...