Post Coronavirus: Uncertainty is Certain

Post Coronavirus: Uncertainty is Certain

The global economy has been in a slowdown for the past 7 quarters. We have slowly but surely felt it in our businesses and occupations. A coronavirus epidemic in the recent quarter has aggravated the global economy further. At first, China. Then, Iran, Russia, Italy,…

Harvest your Best Practices. Innovate them, or die.

Harvest your Best Practices. Innovate them, or die.

The Secret: Continuously Innovate Best Practices to Next Practices Financial Management We all know that we are organized in silos. These silos have names…Purchase, Operations, Accounts, Human Resource Development, and so on. We have owners for these silos, who are accountable for the performance of…

How to Pole Vault to Quality 4.0?

How to Pole Vault to Quality 4.0?

Quality Once upon a time we had craftsmen. In India. In Egypt. These craftsmen had Quality in their DNA. They understood customer needs and built Quality into the design of products and the related processes; as well as worked through the processes in a state…

Employees – The Only Appreciating Asset

Employees – The Only Appreciating Asset

Employees – Our Biggest Asset We all acknowledge that our employees are our biggest asset. I would like to add that employees are the only asset of an organization that appreciate in value. Particularly, in a learning organization. So in a turbulent business environment, why…

Pray for things to get worse.  Leaders will ultimately understand COPQ.

Pray for things to get worse. Leaders will ultimately understand COPQ.

Our sales are not happening. Sad. And we are making a loss. Even more sad. People are losing jobs. Now, that is a crisis. Five decades back, I was taught by eminent economists that the backbone of the Indian economy is manufacture for defence and…

Is Mumbai a Hatchery for Problems?

Is Mumbai a Hatchery for Problems?

Sporadic and Chronic Problems The job of a manager is to solve problems. Problems surface in two avataars: Sporadic and Chronic. In the case of a sporadic problem we need to treat the symptomatic evidence of the problem. On the other hand, in the case…