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Turnaround management seminar-Interaction session with MBA students

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Uploaded by on Jan 20, 2011

Will firing people wreck the morale? No, if firing helps the survival of the business, it will increase the morale of the rest. And those, fired, won't perish, but go elsewhere and find some other job. Ultimately it is a win-win situation.
What is innovative spirit? Creating needs, making products that cater to the needs, making it attractive and affordable are all spirit of innovation. Steve Jobs manifests it. The innovations he made while he was at Walt-Disney-animation, paved the way to movies like Avatar, decades later. I-phone, I-pad...
Can India overtake China? Impossible, under the circumstances. Infrastructure growth in China is way ahead of India. Being the factory of the world, China heavily invests in Africa for raw materials. Indian poverty is big compared to the Chinese. Indians have much more debt. Indian debt-servicing is not going smoothly. Gap widens between poor and rich. Indians depend more on Gulf-oil. The Chinese are far ahead of Indians in spite of the human-rights issues or one-party rule. Indian industrial growth is around 7% & agricultural growth around 4%. The growth in service sector or the export of digital products are not going to save Indians from the looming trade deficit. Last year, Indians had to import food-grains.

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  • Hi, Students speak good English? Try to improve sound quality. Train them to speak aloud. the Chinese now can own land and buy car. Peking, a town of bicycles is a buzzling with modern cars. They even have their own version of a Rolls Royce with less than half price.

  • Very good, Heros. The questions are grass root level. But you try to enlighten them earnestly.

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