CAREER


T put me in charge of credit for Pakistan as well.   This meant that any credit proposal from Pakistan would reach me first, and I would have to evaluate it and recommend to T whether the proposal should be approved or not.   On the second day after becoming responsible for...

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Winston Churchill followed an old principle that says that if you have to give a speech for two hours, you need just half an hour to prepare the talk. But if you have to give a speech for just 20 minutes, you need perhaps three hours to prepare for it.    That is also the reason why...

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International property consultant Knight Frank has observed in its recent Attitudes Survey 2021 that 14 per cent of India's ultra-high net worth individuals (UHNWIs, $30 million plus) are from the salaried employee segment.   This makes India the fourth highest contributor in the Asia...

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Now that COVID seems to be ending, you may be mulling over the idea of sending your son or daughter to a foreign university for an under-graduate education.   Ask yourself: why?   If the reply is: “Why not? I have pots of money,” then this article is not for you.   If...

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When I worked for Glaxo 60 years ago, it was accepted that a weekend was ‘leisure time’. It was a break – and one came back on Monday, fresh from whatever you had been doing on the weekend. It was only when I joined a company with a young Indian heading the company as chief executive (CEO),...

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T had a running battle with the other general manager (GM), a national from the United Arab Emirates (UAE), who managed a subsidiary bank.   The two GMs would bicker all the time, and I was in the middle because as head of credit for both banks I was reporting to both.   Every...

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Chief executives (CEOs) occupying the corner office for life (or the rest of their working life) can be an advantage - but more often, a disadvantage. One has to go back to the adage “Power corrupts, absolute power corrupts absolutely.”    The advantage is that such a CEO virtually...

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Students who qualify for Chartered Accountant (CA) and Company Secretary (CS) will now be considered equivalent to those who have completed their post-graduation degrees.   As a result, those who have completed CA and CS can appear for the University Grants Commission's (UGC) NET...

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When it comes to the IT and tech industry, only 19 per cent of women working in the sector said they were inspired by a female role model to take up the profession, a new report revealed on Sunday, stressing that the lack of female representation is still a key barrier to achieving a diverse...

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In case your mental picture of T is that of an inhuman, evil ogre, here is a glimpse into his humane side.   T’s hairy tales    T had a great sense of humour.   As I have said earlier, he was almost completely bald (more about the “almost” later).   When T was...

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Some time back, I had written about a chief executive officer (CEO) who was insecure, worked for 12 hours a day in the office, had no hobbies, was married to his assignment foot, arm and shoulder, and expected undiluted loyalty (adulation) from his subordinates.    I worked on his...

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IANS 23 February 2021
As the pandemic has severely impacted the employment scenario and several sectors still remain fragile, loss of income or employment remains the biggest personal concern of urban Indians, according to a survey.   The WEF-Ipsos survey showed that at least two out of three three Indians...

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T’s campaign against the HR head found an excellent avenue.   The HR head had embarked on a “job evaluation” exercise.   As anyone with any sense knows, if you do such an exercise the following will happen:   - 80% of the staff will remain in their current job grades,...

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Moneylife Digital Team 08 February 2021
ICICI Prudential Asset Management Company announced the appointment of Anand Shah as Head of PMS (portfolio management service) & AIF (alternative investment fund) Investments.    Speaking at the occasion, Nimesh Shah, MD & CEO, ICICI Prudential AMC said “We  at  ICICI  Prudential ...

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‘T’ was in constant strife with the various functional heads, such as HR, finance, audit, etc, who reported to his Boss, the managing director, along with T.    In particular, T had a running battle with the HR head.   In my early days with T, I was summoned to his office...

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COVID-19 has changed people’s lives – how they spend their time, how they manage housework, how they socialise, and how they work. Work from home (WFH) has become the norm, at least for now. How does it work, for both employee and employer?   First, some data – all from reliable...

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Preface   You cannot choose your parents or your children, they say.   Well, you can run away from oppressive parents, or opt to remain childless.   But, you cannot avoid bosses. Wherever you go to earn a living, there will be a boss. You have to live with your bosses....

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In the 1970s and 1980s, the non-resident Indians (NRIs) held an exalted position in the minds of average Indians. They returned home from time to time with attractive gifts, the latest gadgets, seemingly unlimited spending money, and stories of the wonderful lives they lived in those far-off...

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Teaching is my hobby. I have been teaching at various venues for many years now. So, when a local business school invited me to teach banking in its master of business administration (MBA) programme, I happily accepted.   My very first teaching session was a revelation.    I...

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IANS 30 January 2019
When it comes to hiring, soft skills, work flexibility, anti-harassment policies and pay transparency have emerged as the four trends that will gain momentum in India this year, Microsoft-owned professional networking platform LinkedIn said on Wednesday.   The research revealed that...

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