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'Effective management critical in times of crisis' - The Hindu BusinessLine


‘Effective management critical in times of crisis’
February 10, 2021
According to Telangana IT & Industries Minister, KT Rama Rao, there is a need to strike a balance between what worked before and what needs to happen in the next normal
K T Rama Rao, Minister for IT & Industries, Telangana, said effective management was critical in times of crisis, similar to what the world has been facing for close to a year due to the Covid pandemic.
“We need to strike a balance between what worked before and what needs to happen to succeed in the next normal,” Rao said in his message to the Regional Management Conclave, a flagship event of the All India Management Association (AIMA). ....

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BBLF business lit fest to feature noted industry leaders, authors


BBLF business lit fest to feature noted industry leaders, authors
February 03, 2021
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Birla Institute of Management Technology is organising the BIMTECH Business Literature Festival (BBLF) 2021 on February 6, along with publisher Penguin Random House.
The festival will be inaugurated by Jayashree Mohta, Chairperson, Jay Shree Tea & Industries Ltd, and Chairperson, Board of Governors, BIMTECH.
The keynote address of the virtual festival is by Arun Maira, former member of the Planning Commission, while the valedictory address will be by Shiv Shivakumar, Group Executive President, Corporate Strategy, Aditya Birla group.
The virtual festival will have students, faculty, alumni from B-schools, corporate professionals, and bibliophiles as its audience and conversations will focus on business books. It will host renowned national and international authors and speakers from the industry such as Ambi Parameswaran, Abhijit Bhaduri, and Ismail Amla, who has co-autho ....

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Five thoughts for 2021 - The Hindu BusinessLine


Five thoughts for 2021
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How will the year ahead be for companies, employees and families
Some people will remember 2020, but most people will want to forget it. I am putting forward five thoughts for 2021.
Is 2021 a reference year?
2020 was good for some industries, bad for many industries. In 2021, the industry and company will see growth/decline against the 2020 base. 2022 will be a year of growth or decline basis what happened in 2021. So, I think 2023 will be the first normal year for any meaningful ‘like-for-like comparison’. This will have implications for compensation and bonus policy. For me, it is a mere coincidence that in the Chinese zodiac, 2020 was the year of the rat, 2021 is the year of the Ox and 2023 is the year of the rabbit. Expect all businesses and CEOs to talk about the artificial base of the pandemic year till 2023. Many CEOs and businesses have cut costs this year. Is this a structural cost cut is something the street wil ....

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