It is a word that has travelled from India’s hinterlands to the management lexicon. Meet Jugaad, the innovative workaround to complex problems. The problem arises when people start looking at it as a permanent solution
Corporations are partly responsible for and have suffered the effects of the triad of crises — social, environmental and economic — that have hit the world since 2008. An ‘ideal’ corporation today would be one that takes care of society, employs a lot of people and is environmentally conscious
The multiple debates over ecology are bound to be the defining issues of humanity over the next few decades. This would drive both risks and opportunities. Smart companies know that an improvement in ecology will determine economic sustainability. And whatever is ethical, whatever is good for the society, will eventually be good for business too
Throughout history, men have waged war for power, wealth, land and occasionally over women. But rarely, except in the past two or three centuries have they gone to war to bring peace. Is peace really the raison d’etre for the wars being fought in different parts of the world? Or are the real reasons the same as history has taught us?
As the Internet provided a platform for sharing news faster and wider with negligible distribution costs, the newspaper business models that leaned heavily on advertisers for revenues and an elaborate production and distribution infrastructure began to crumble
An integrated international financial system certainly reduces economic sovereignty of nations, as the European Union experiment has shown. The issue is compounded by complex derivative instruments that are now arriving in developing nations like India. What is the risk that foreign capital packaged in complex instruments bring to local economies?