Yesterday I had posted a link to Deepak’s blog showing how sensex EPS projection is at best a futile exercise…. well today I am posting a link to how ‘big bang’ retail can create problems, stories, etc. to make a case for itself. Take the case of Gillette – once upon a time (say 125+ […]
For many people doing their MBAs and CA there is always a challenge in defining financial services. Let us see what all financial services includes in India (as of now). Well it includes the following: Banking Life Insurance General Insurance Capital Market Services Mutual fund Leasing Hire Purchase Securitization Credit Rating Venture Capital Factoring Services […]
Charity for me has always been charity related to kids, and preferably related to education. When i see organizations like akshayapatra, Isha Vidya, Aid India,..I am amazed at the kind of work that they do. It is humbling to see (for example) akshayapatra fed a million plus kids a day (million is just a statistic). […]
Unless it hurts the leaders…they do not feel the pain. If they do not feel the pain they cannot deliver good solutions. In the financial services industry…the leaders are not feeling the pain of mis-selling, of other mistakes…and it is difficult to give good leadership to people… Read on about leadership and pain read on […]
If you do not understand the basics of a subject..statistics do not help you. So if you do not understand investing..it becomes easy for the salesman to tell you a story..with numbers.. If you understand cricket you will appreciate the examples: Inzamam Ul haq.. has a better batting average than Sachin Tendulkar in New Zealand. […]
An industry can be called successful only after we see the status of all the stake holders. We saw how the employees and the sales force was feeling. Let us see something about the ‘customers’ and the ‘owners’. The customers of the life insurance industry can be divided into 3 categories: a. Those who understood […]
Here is a story..obviously from the great Hindu Mahasamudram. It is an obvious cut paste (which means it is NOT original), but the learning is more materialistic. Obviously at the philosophical level it is the Gandhian philosophy – there is enough for every man’s need, not for every man’s greed. Or you could take it […]