The horrific effects of reckless expansion of leaders running the financial and real estate sectors have been toxic mortgages which are now coursing through the veins of the global financial system, wrecking countries and currencies and businesses. What is shocking is not merely that responsible people have wrecked top financial institutions like Morgan Stanley, Merrill Lynch, Bear Sterns and...

How to decide ‘just how much’ to tell? Here are some tips for young executives

An important rule of good communications, whether verbal or non-verbal, is – ‘tell enough’. One should neither tell so much as to cause information overload nor tell so little that the listener is not able to put the pieces together. In the Western world, when people greet you with a ‘how are you?’, you are...

No, this is not a script from a Hollywood film, although the title might give that impression. But there is some resemblance alright. The financial world has entered a new age of turbulence. The uncertainty and chaos is similar to the lawlessness of the Wild West depicted in early American movies. Unfortunately, there are not too many sharp-shooting sheriffs around to control the mayhem....