Changing Management Paradigms

The classical tenets of Management were developed at the time of Industrial revolution. The leading management Guru was Taylor who led thinking on how to increase efficiency, reduce wastefulness and improve profits. Taylor developed what is now called scientific management. The management style broke down work into small pieces that could be performed by an...
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What ails Indian Healthcare Sector

The Indian healthcare is afflicted by “Economic Viability” syndrome. The healthcare industry is like a middle aged woman who is trying to reinvent herself so as to be able to compete with younger females. Similarly hospitals are competing with younger industries and chasing “sexy after-tax profit margins”. The doctors want to earn as much as...
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Red Flags in Indian Economy

For long, India was compared to China and suddenly with Chinese meltdown, India started to look much better. Despite logjams in parliament, India with its stable political regime, large domestic market, Indian multi-nationals and pipeline of foreign investments in manufacturing and services, seems much better than other BRIC economies that are plagued with some or...
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