Privatisation can’t help. We need a Perestroika!

By simply implanting the government equity with private equity is hardly likely to change the character of public sector banks. Even the objective of the privatization of banks which first started in 1991-1992 during the term of Prime Narasimha Rao is suspect. Was this done to shore up…

How a pre-read kills the joy of presenting

I am not quite sure who started it all, but I kind of suspect it was the management consultancy companies. Or was it the VCs who received business proposals by the dozen just like film producers receive scripts? The concept of asking for a pre-read, when you are…

Tata Nano – Many would be sorry to see it go

When Tata Motors MD Guenter Butscheck told the press this week that Tata Nano might see a phase-out in 2019, one couldn’t but help feel a twinge of sadness. After all, the Nano was touted as being the cheapest car in the world in 2009 when it was…

The Promoter v/s The Professional

You have to join a promoter’s company to know the genetic disrespect that promoters have for professionals. But then consider their background. They were original founders of the company, most of them entered a virgin market on the upswing in less competitive times, enjoyed more than average profit…

Is there a Right Time to Retire?

It’s the kind of question that confronts most men and women at some stage of their life and career. And especially when they have reached the top. Because the top is scary. It is stressful. And as soon as you reach the top, the other more important question…

Let’s stop the Overworking Culture

When an Infosys techie was murdered using a computer cable by a security guard at their Pune campus, besides feeling extremely shocked and sorry for the young lady, the first thought that came to my mind was ‘ What was she doing at work on a Sunday?’ But…

Should you Resign or get Fired?

When Preet Bharara resigned as US Attorney for the South District of New York, he raised the age old question; should one resign or just get fired. Of course in Preet’s case he has a stellar track record with his many cases to straighten up a Wall Street…

Ex-employees are Important Brand Ambassadors

Ex-employees are important brand ambassadors. Employees who have a good experience are likely to recommend the company to future employees. Equally they are also likely to recommend the company for business opportunities. So employees can be important advocates of the company brand, something that a number of employers…

Is ‘​ We’ve frozen recruitment’​ the right away to reject candidates?

Recently a large marketing communication group made a splash in the newspapers about how they were going to double their recruitment efforts in a particular department of the company. At the same time, a young MBA aspirant was being interviewed for a job in the same group and…