The Seventh Lesson Contributed by Subhashish THE SEVENTH LESSON by Peter Drucker Taught by Schumpeter One more experience, and then I am through with the story of my personal development. At Christmas 1949, when I had just begun to teach management at New York University, my father, then 73 years old, came…
My Blogs
The serious business of education
The serious business of higher education “Our youth can be an asset only if we invest in their capabilities. A knowledge-driven generation will be an asset. Denied this investment, it will become a social and economic liability. Hence, we must invest in building the knowledge base of our coming generations.” Dr Manmohan Singh-August 2,…
The role of culture and traditions in governance
The role of culture and traditions in governance None of the board members, past or present, had any knowledge of the situation in which the company is placed. Even business leaders and senior executives in the company, such as, Ram Mynampati, Subu D, T R Anand, Keshab Panda, Virender Agarwal, A S Murthy, Hari T,…
The roar of clouds
The roar of clouds Ravana’s son Indrajit stealthily attacking Rama’s camp. The painting depicts a sequence of events and Indrajit is shown successively at four different places; first attacking from the clouds and binding Rama and his brother Lakshman with the deadly serpent arrow. Then he faces off against the monkeys who try to fight…
The rich are getting hungrier
The Rich Get Hungrier The Rich Get Hungrier By AMARTYA SEN Cambridge, Mass. WILL the food crisis that is menacing the lives of millions ease up — or grow worse over time? The answer may be both. The recent rise in food prices has largely been caused by temporary problems like drought in Australia,…
The nuclear option
The nuclear option http://www.mydigitalfc.com/my-mind/get-savvy-about-nuclear-power?page=0%2C2 Get savvy about nuclear power By Roopen Roy Aug 03 2008 AFP This is the time to bring experts together to craft a long-term 50-year strategy for nuclear energy India’s energy needs are growing at an accelerated pace. In many ways, our growth momentum is dependent upon…
The gentle giant
The Guru of Innovation Clayton Christensen:the gentle giant of disruptive ideas The first time I actually saw Clayton was one morning when I was walking in front of McArthur Hall in Harvard Business School. Clayton starts work very early probably just after 6 AM.What I was struck by was his height and stature. He is at…
The danger of wasting opportunities in a crisis
The danger of wasting opportunities in a crisis In India, we prefer to coin our own terms. We do not like “privatization”, we “disinvest”. We do not like recession, we like to believe that we are entering a phase of “growth moderation”. Some of us truly believe that “India is decoupled from the US economy”…
The comeback of consulting
The comeback of consulting http://www.businessweek.com/magazine/content/07_36/b4048056.htm?chan=search SEPTEMBER 3, 2007 The Comeback Of Consulting It’s once more a huge business for Big Four auditors, thanks partly to Sarbanes-Oxley rules Four years ago, the partners at Deloitte & Touche did something radical: They kept the firm in one piece. It was the only one of the Big…
The candidate to watch
The candidate to watch Mitt Romney Consultant in Chief By BRIAN M. CARNEY November 10, 2007 “I love data.” Mitt Romney has been speaking for less than two minutes when he makes this profession. The former Massachusetts governor is meeting with the editorial board of The Wall Street Journal…