MyTake

The future has always been there. Today shall be past tomorrow and history shall determine the future. So the future can never be isolated with the past or present. Future is here and we are deliberating on the nature of the future and the expectations of today's generation for staying alive, relevant and sustain in changing and challenging times. Yes the future is going to be different than the present as it has always been. The only thing which is important in this context is - whether we are prepared to face the future or are we putting efforts to develop systems, structures and styles that would successfully deal with future. Do we need to be effective or efficient in order to perform at the front to face the challenge or we can afford to allow the mighty to fall. The trend shows that the future is going to be more technology driven and the speed shall decide the future of an organisation. Economies of speed shall spearhead organizational performance. Artificial Intelli...

Government and industry face a dire challenge of responding to the expectations of the citizens. Government responds through public policy and industry through products and services. In independent India our economic policies were driven with a unique model of mixed economy whereby addressing industry and society. Welfare of the people was the primary concern and an intention of following Gandhi’s principles was initially visible. Gandhi who believed in small scale industries and village oriented economic policies had strong view on self-sufficiency concept which questioned western model of economic development. Nehru was all for socialistic pattern of society hiding away his thinking on capitalism. Nehru’s contribution is acknowledged in creating the temples of modern India. Or to say it laid the foundation of India’s economic development. Our grandparents always emphasized on the moral learnt through the story of Rabbit and the Tortoise – slow and steady, wins the race. It ...

Organizations have to chart out strategies in order to respond to competitive forces. Strategy is nothing but a game-plan. The intention is to put forth full potential and come out with flying colors and to win the game following the system, rules and procedures of the game. Competition is a prerequisite for strategy and in the VUCA times it has become further challenging to compete. The belief that competition is with the external forces drives the organization to target only external parties or rivals. Surprisingly organizations have to learn to manage the competition from within and with the situation with more rigor and responsibility. And that is where leadership becomes key. The whole science of game theory provide a guide to a leader to follow the principles of sports in order to make effective decision. The whole premise of team-building is built on the principles of work satisfaction. One enjoys doing what one does. It allows one to put across full strength to a...