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Bad times are cool

Vineet Nayar

Posted: Thursday, Jan 01, 2009 at 0023 hrs IST
Updated: Thursday, Jan 01, 2009 at 0023 hrs IST


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: must. To begin with, we must stare at the situation square in the eye, assess the impending change, and then reinvent ourselves to fit the new picture. Having done so, we revaluate and then once again look ahead to ensure you stay ahead at the next step—and the next. This is a continuous cycle of change.

It is in times of a slowdown that smart engineers invest in skill development. Everybody can make hay while the sun shines, but it is in the darkness that the true stars shine out. There is always a silver lining to economic slowdown. As businesses slow down expansion and recruitment, it compels our youth to look at life as hard work—and hard work will provide us good CEO’s for tomorrow.

But of course, while fighting a slowdown, we need to understand that times, be they good or bad, don’t last. They will come and go several times in one’s life and must be treated with equanimity. India is a great long-term story and the show has just begun. We will see villages prosper, towns build the infrastructure to become megacities, with each city the size of a European country. There is plenty of action ahead in India and so there must be plenty of fight left in us. So, let’s hang on here and hang in there, and look hard and square at the changing kaleidoscope, to pick the right strategy to speed up again.

—Excerpts from his blog ‘Leading a transformational journey…’

The author is CEO, HCL Technologies...

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