Tag Archives: Management

Empathy

The biggest challenge I face managing a business which is labor intensive is to understand the circumstances under which or the which have forced a person to react the way he/she is reacting. And one thing is sure that at … Continue reading

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Improving Cash flows – Inventory is the Key

I am currently following a very interesting discussion in one of Linked in groups. The moderator has raised a question “If you could do only one thing to improve cash flow, what would you do?”. There are variety of answers … Continue reading

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The Emerging Role of CFO

It can be safe to say that traditional roles of finance function are now taken for granted. The rules of the game have changed for CFOs, reflecting a more uncertain, dynamic and global economic environment in which their businesses operate. This is made more complex by extraordinary rate of technological change. This future environment presents enormous challenges for CFOs, but it also provides a great opportunity for ambitious finance professionals seeking a rewarding and enriching career. Aspiring CFOs with commercial exposure, who have developed their non-financial expertise and can be savvy in the boardroom are the ones to watch. Continue reading

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Cost Cutting Vs. Cost Optimization

The latest buzzword in any business is budgeting and forecasting. A little bit of introspection and we find that budgeting practices are often aimed at cost reduction. Nothing but business environment is to be blamed for this. Growth rate of … Continue reading

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Sustainable Business – Need of the Hour

From the traditional goal and objective of business of  maximizing  profits, Managers are now talking about creating values. It can be safely said that the neo age managers look upon maximizing prosperity rather than maximizing profits. Prosperity is a greater  challenge  than profit as … Continue reading

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Performance Vs. Conformance

January 1948. Mohammad Ali Jinnah had decided to be adventurous and had pushed mujaheedeens in Kashmir Valley. India had just gained independence and was under charm of Lord Mountbatten and Mahatma Gandhi. Though it is ironical in many ways but … Continue reading

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The Art of Storytelling

Above is a famous photograph. Almost everybody of us would have seen above and have admired the deception it portrays. The wow factor in the photograph is amazing and so is the strong underlying message it conveys. This photograph has … Continue reading

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Persuasive Communication

I am a big fan of Jagjit Singh. 20 years back, I got a chance to attend one of his concerts in New Delhi. More than the excitement of listening him live; it was the prospect of getting face to … Continue reading

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Valuing Human Capital

During my early articleship days, I and my peer group were often enthralled during the process of finalization of Balance Sheet of big corporates.  We saw with amazing disbelief as to how figures and values were assigned and fine-tuned to various … Continue reading

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Managing Cash to Cash Cycle – The Pragmatic Way

As a finance professional, whenever I look at a Balance Sheet, my first focus area is Inventory portion of it. To me, apart from operational inefficiency, the biggest sinkhole in any organization is Inventory. In this entry, I would not … Continue reading

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