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India,Israel and Innovation Many years ago my colleagues and I provided consulting services for an Israeli hi-tech product company. The company wanted to hire high-quality software engineers from India. However, Indians were reluctant to work in Israel because of the perception of lack of security. Finally, an innovative solution was found. The company established…
IFRS: a brief for the CEO Way back in 1987, as a young consultant, I went to Tokyo to present a paper at the World Congress of Accountants. The keynote speaker of the Congress was the charismatic Chairman of Sony Corporation: Akio Morita. His speech is indelibly etched in my memory. He challenged the…
IFRS: a brief for the CEO Way back in 1987, as a young consultant, I went to Tokyo to present a paper at the World Congress of Accountants. The keynote speaker of the Congress was the charismatic Chairman of Sony Corporation: Akio Morita. His speech is indelibly etched in my memory. He challenged the…
How disruption can impact education How Disruptive Innovation Changes Education Q&A with: Published: Author: Clayton M. Christensen August 18, 2008 Martha Lagace Executive Summary: HBS professor Clayton M. Christensen, who developed the theory of disruptive innovation, joins colleagues Michael B. Horn and Curtis W. Johnson to advocate for ways in which ideas around innovation…
How banks are being swindled By Roopen Roy Feb 17 2016 The NPA crisis in the Indian banking system is largely a self-inflicted wound and it has been festering for long. The remedy that is being suggested is simple: take Rs 2.4 lakh crores from the tax-payers and hand them over to the very same banks as…
His Story Emeritus-http://www.accountancy.com.pk/newsprac.asp?newsid=255 We are restructuring our auditing practice in India. The revamp will be steered by Rathin Datta, who took over as chairman and chief executive from April 1, 2003. The move, according to the consultancy major, follows changes in auditing standards and the regulatory needs of corporates and banks to set up…
His bat has spoken This piece was written on the 10th December at the Cricket Club of India in Mumbai His bat has spoken “If the ball is doing something, then you‘ve got to fight it out- its about having resolve and showing character.” Sourav Ganguly in an interview with Lokendra Pratap Sahi…
Hindi Chini Buy Buy The power of Chindia The Exponential Power of ‘Chindia’ New joint ventures between Indian IT service firms and their Chinese counterparts hint at the formidable bilateral economy that could emerge by Partha Iyengar and Jamie Popkin If you are a strategist or a decision-maker in almost any enterprise anywhere in the world, you can’t…
The elixir of life High Tea, India Style Jehad Nga for The New York Times By MATT GROSS Published: October 14, 2007 THE Himalayas rose almost out of nowhere. One minute the Maruti Suzuki hatchback was cruising the humid plains of West Bengal, palm trees and clouds obscuring the hills to come; the next it…
Have you heard of Bartercard? http://e.mydigitalfc.com/DCF/DCF/2009/11/11/ArticleHtmls/11_11_2009_011_002.shtml?Mode=1 Ever heard of bartercard? Nov 10 2009 Sri Ramakrishna, the guru of Swami Viveka nanda, advised his discipl es to be detached from money. “Ta ka Mati, Mati Taka,” he said. “Consider ca sh as a handful of dust and dust as a handful of money.” Rather th…