Monday 20 Jan '14While management education imparts good ‘micro’ skills to students, what they lack is clear understanding of the macroeconomy. Considering India’s current economic issues, this is an area that needs immediate attention
Monday 25 Apr '11Management students need to comprehend the current inflation phenomenon since they are going to market their product in a scenario of constantly rising prices; they must reconcile with falling profit margins due to rising input costs, pay higher inflation-indexed wages and make future strategies factoring in expected inflation.
Monday 27 Dec '10Leadership in the industry using maximum brainwork is not just about running an organisation efficiently. It’s also about extrapolating current trends to foresee future possibilities and skillfully integrating with the anticipated socio-political and economic needs.
Monday 15 Nov '10Currency war’ or ‘competitive devaluation’ is a buzzword today. Interestingly, given the cause of devaluation as gaining export advantage and price-competitiveness in international trade, it raises a fundamental question about the appropriateness of excessive export-dependency of an economy to achieve high growth-rate for itself.
Monday 27 Sep '10Occurrence of trade cycles has become inevitable with most countries moving towards freer yet more cautiously controlled economic models. It also underscores the importance of prudent economic policy composed of fiscal and monetary measures.
Monday 06 Sep '10It’s both amusing and interesting to notice the similarity between a fully grown tree and the education system. Like the roots of the tree spread across vast expanse of land and draw on every possible inch of the soil, school level education takes the children through the spectrum of subjects from drawing to maths; and from sports to history.