WhatWhat is the Importance of First Principle Thinking for Entrepreneurs

As an entrepreneur, it's incredibly easy to get caught up in the day-to-day grind. Let's be honest, life as an entrepreneur is manic and chaotic for the best founders. There's simply no easy day -- operational fires are put out on a seemingly never-ending basis, employees shuffle in and out, and new products are constantly being launched. This frenetic pace makes it quite easy to feel overwhelmed when it comes to forward planning and structuring on a daily basis...Read more

TooToo Much Charisma Can Make Leaders Look Less Effective

Conventional wisdom suggests that the most charismatic leaders are also the best leaders. Charismatic leaders have, for instance, the ability to inspire others toward higher levels of performance and to instill deep levels of commitment, trust, and satisfaction. As a result, they are generally perceived by their subordinates to be more effective, compared with less charismatic leaders...Read more

HowHow Transformational Leadership Can Turnaround A Sinking Company

When companies face stiff competition that’s eating into their market share and dwindling their sales and profits, most CEO’s first instinct is to push people harder. This knee-jerk reaction may be able to help companies achieve short term results but in the long run it’s going to hurt it more. The impact of driving your people harder to keep a sinking company afloat is just like plugging holes in the ship without knowing what to do next. Sure you’ll survive for a while, but you won’t be able to sail to an island (or towards sustainable success)...Read more

BecomingBecoming a Manager in a New Country

Becoming a manager for the first time is no easy task. One day you’re happily doing your own work and achieving your own goals, and then, suddenly, your work life does a 180: Instead of focusing on yourself, you have to focus your attention on others. You have to motivate others, build relationships with your team, and give effective feedback. You need to have empathy and understanding, but command respect. You need to be direct and assertive, but not so much that you crowd out others’ contributions. You need to take responsibility, while at the same time giving others the autonomy to grow. The changes can be dizzying and often require an entirely new set of skills...Read more

BigBig Ideas Are Getting Harder to Find

Modern-day inventors – even those in the league of Steve Jobs – will have a tough time measuring up to the productivity of the Thomas Edisons of the past.

That’s because big ideas are getting harder and harder to find, and innovations have become increasingly massive and costly endeavors, according to new research from economists at the Stanford Institute for Economic Policy Research...Read more

1212 Habits Of Successful Young Leaders

When Airbnb was founded, CEO Brian Chesky was 27 years old. Steve Jobs was 25 years old when Apple went public. Bill Gates was only 20 when he founded Microsoft. Young business leaders have the ability to achieve amazing things despite inexperience.

If you want to be a successful young leader, you will need to acquire a few common traits shared by the world’s most successful young businesspeople. Here are 12 habits of successful young leaders, so you can put yourself on track to reaching new heights professionally...Read more

3 Essential Qualities of Leaders

The truth is that although we see countless articles and books about leadership and I think many people view themselves as leaders, there remains a great need for real leaders. Not the kind who believe they are leaders because they are the boss. The leaders who understand their place in relation to the whole.

I think the term “leadership” is often used for all the wrong reasons.

He is a leader because all these people follow him...Read more

MarketingMarketing Is Innovation

Innovation means the creation of new value and new satisfaction for the customer. Successful innovating organizations, noted Peter F. Drucker, measure innovations "not by their scientific or technological importance but by what they contribute [in terms of value] to market and customer."

Innovation in a business enterprise must be always market-focused.

Converting unfulfilled customer needs into new products and services that people want, need, value and expect -- and are willing to pay for -- is what strategic (as opposed to tactical) marketing is all about...Read more

BatteryBattery revolution that will power e-cars

Just a few years ago, electric cars were an option only for technology enthusiasts or hardcore environmentalists.Slow and expensive, they took several hours to recharge and their dismal range could leave you stranded before you even cleared the suburbs.

By 2020, that picture will look very different. You will be able to recharge your electric sports car in the time it takes to drink a coffee, then drive 500km before needing to top up...Read more

WhatWhat are the limits of CEO activism?

Should CEOs actively speak out when they encounter social injustice—even if their beliefs may not shared by employees, board members, or many shareholders? James Heskett asks, what are the limits to a chief executive's soapbox?

A series of recent events triggered the question at the top of this column. They began with a statement by President Trump suggesting that “both sides”—one group that included neo-Nazis and the KKK and another group of counter-protesters—were to blame for the violence, injuries, and deaths on or near the University of Virginia campus last month...Read more

55 Ways Entrepreneurs Can Combine Profit and Purpose

If you want to leave a legacy and give back to society, you need to make some smart decisions along the way. Here are five ways you can make your mark while sleeping peacefully at night.

1. Pick an impactful industry.
Depending on your background and skills, you may feel limited about which area you decide to go into. However, this shouldn't always be the case. The key is to pick an industry that has a real, tangible impact on the world...Read more

WhyWhy the world has much to learn from India's big digital leap

At #ChampionsOfChange, a recent Niti Aayog Initiative for 200 corporate CEOs to interact with the Government of India, Prime Minister Narendra Modi spoke eloquently about using technology to solve India's challenges and driving the change we want to see in India. He cited the example of the Government e-Market (GeM), an online marketplace for government tenders that aims to curb corruption by bringing transparency to public procurement.

He described the role of Aadhaar in reducing leakage in government subsidy schemes...Read more

ThreeThree Indians among world's '100 greatest living business minds

Three Indian entrepreneurial legends, Ratan Tata, Lakshmi Mittal and Vinod Khosla have been included in Forbes’s special list of the world’s ‘100 Greatest Living Business Minds.

As part of Forbes’s 100th anniversary celebrations, the magazine unveiled on Tuesday its special centennial issue, which highlights essays, lessons and ideas for the next 100 years from the world’s greatest living thinkers from the world of business.

In developing the list, Forbes sought people who have either created something with a lasting impact on the world or innovated in a way that transcends their given field...Read more

#5#5 Key Conversations CEOs Must Have with Their Teams

The role of the CEO is to have ‘effective’ conversations. If his or her conversations are effective, then the organization will generate results, and if not, the results of the organization will get impacted.

In my experience of interacting with some top CEOs, several of them miss these basic, and yet critical conversations, with their teams. And interestingly, some others avoid having these conversations — because each of these aren’t necessarily easy conversations to have

Often, it is learning to take the bull by the horns. And many CEOs I know who have mastered these conversations and have generated great results...Read more

Transcending Either-Or Decision Making

Jennifer Riel, an adjunct professor at the Rotman School of Management, presents a model way to solve problems: integrative thinking. It’s taking the best from two inadequate options to come up with a successful solution. She gives examples from the film industry to show how CEOs have put the process to work. Riel is the co-author, along with Roger Martin, of the book Creating Great Choices: A Leader’s Guide to Integrative Thinking.

CURT NICKISCH: Welcome to the HBR IdeaCast, from Harvard Business Review. I’m Curt Nickisch in for Sarah Green Carmichael...Read more

#10 Must Have Behavioural Traits For Every Entrepreneur #10 Must Have Behavioural Traits For Every Entrepreneur

Entrepreneurship is the new craze and many youngsters, as well as experienced professionals, are now exploring ways to have their own start-ups. The government is encouraging start-ups in a big way and we have seen an exponential growth in the number of new ventures opening every day.

To ensure your enterprise thrives grows and does not die a premature death, read these ten commandments for entrepreneurs that will help you scale your venture towards success and fame...Read more

Leaders Must Always Envision a Bright Future Leaders Must Always Envision a Bright Future

Occasionally, I casually remark in speeches that I have tattoos on both shoulders. I pause and wait for the audience’s shock to become apparent, and then go on to mention that the tattoos are in invisible ink—you can’t see them, but I know they are there—several of them.

Always the first tattoo is the reminder, “To serve is to live.” Another is Peter Drucker’s, “Think first, speak last...Read more

India will stick to plan of having 100% electric mobility by 2030 India will stick to plan of having 100% electric mobility by 2030

India will stick to its plan of having 100% electric mobility by 2030, road transport and highways minister Nitin Gadkari said.

Gadkari said he cleared the electric vehicle policy on Wednesday.

Now NITI Aayog will send it to the cabinet in a couple of weeks (for its approval)," he added.

The official year for going all electric — which means all vehicles sold from then will be electric — remains 2030, the minister said. However, a top official said the government was aiming to advance the target...Read more

The Best Senior Teams Thrive on Disagreement The Best Senior Teams Thrive on Disagreement

Most team leaders try to build cohesion on their teams. Through team-building exercises and the careful establishment of norms and processes, leaders aim to create a culture of trust, psychological safety, and good feeling.

But should enterprise leadership teams also pursue cohesion? To explore this question, over the course of six years, we surveyed senior-most leadership teams 99 times at companies representing a variety of industries, including financial services, food and beverage, energy, technology, healthcare, and retail. Each team member responded to over 110 items that focused on their team ‘s capability and performance...Read more

5 Traits of Successful Innovators 5 Traits of successful innovators

What does it mean to innovate? The word itself is defined as “making changes” or “doing something in a new way.” Innovations inevitably shift the way we experience the world and go through our daily lives. Think about what you experience on a day-to-day basis. You’re reading this right now on a device dreamed up by visionaries like Steve Jobs and Bill Gates. Driving around, you’ve most likely seen Elon Musk’s vision of an electric vehicle, a Tesla, rolling right next to you. And you may have let your friends know about that through Facebook, for which we have Mark Zuckerberg to thank (most likely…the movie The Social Network has some other theories on that we won’t get into here...Read more

When Succession Skips a Generation When Succession Skips a Generation

As discussed in a previous column, next-generational succession is one of the main challenges facing family businesses globally today. Owner-managers who are confronted with this issue often have to turn to professionalising the family firm by bringing in outsiders.

The process of professionalisation – transitioning from a founder-led company into a management-led organisation – is meant to enable founders to focus more on their core competencies. But it is very difficult to get right because it touches on emotional issues that non-family firms never have to confront...Read more

Hold Your CEO AccountableHold Your CEO Accountable

Industries have always faced challenges in the marketplace, but today they are under stress like never before. Advances in technology have ushered in dramatic changes, remaking traditional industries like energy, retail, journalism and medicine. Even cutting-edge technology companies that themselves are disruptors, are in a continuous state of transformation. Companies cannot settle for incremental improvement. they must accept major transitions as a fact of life.

The CEO has to drive dramatic change, and it takes much more than having a strong strategic vision. The CEO must look in the mirror to assess their own approach and duty in the transformation. Then ask; “Am I communicating the strategic vision with clarity...Read more

5 ways leaders can show authenticity5 ways leaders can show authenticity

At GE headquarters, I recently met with a very over-scheduled Jeff Immelt to get his take on the importance of authenticity in leadership. His five rules for authentic leadership should have a profound effect on anyone with a dream of becoming a future global leader.

1. You talk to your people openly about challenges.
“I’ve done this for 14 years. For anyone who thinks it’s easy, these are hard jobs. But you also have this sense that no matter what happens we can get better.”

People need to know what the leader is going through. It helps them to understand why they spend the hours and make the sacrifice for the job...Read more

Managing People from 5 GenerationsManaging People from 5 Generations

For the first time in history, five generations will soon be working side by side. But whether this multi-generational workplace feels happy and productive or challenging and stressful is, in large part, up to you: the boss. How should you relate to employees of different age groups? How do you motivate someone much older or much younger than you? And finally: what can you do to encourage employees of different generations to share their knowledge?

What the Experts Say
As people work longer and delay retirement, internal career paths have changed. “Organizational careers don’t look the way they did before,” says Peter Cappelli, professor of management at the Wharton School and coauthor of Managing the Older Worker...Read more

How to Measure the ROI of Leadership DevelopmentHow to Measure the ROI of Leadership Development

Most companies understand the benefits of leadership training and development programs. In fact, in a recent survey of more than 500 executives, 27 percent of those who said their company was “currently winning in the market” attributed that success to great leadership, while another 25 percent credited powerful and distinct capabilities.

Unfortunately, the knowledge that leadership development is crucial to success doesn’t prevent these programs from being axed when budgets are tight.
CEOs want hard facts upon which to base the efficacy (and likewise, the value) of a leadership training and development program. They want quantifiable proof that success is directly related to training and not to some change in the internal or external environment such as a new product release, changes in technology or an improved economy... Read more

Coaching for Transformation in Businesses

“A good coach will make his players see what they can be rather than what they are!” The same principles apply to leadership coaching as well. We live in a state of constant flux. Our business models are constantly evolving; processes need to constantly adapt to changing customer and employee needs. Traditional business models have disappeared even in conservative sectors like banking. This results in anxiety, fear and above all, a strong resistance to change. People who can adapt and learn new skills quickly thrive and find themselves new opportunities...Read more

Leadership is Not just About Designation - #6 Traits that Make you a True LeaderLeadership is Not just About Designation - #6 Traits that Make you a True Leader

Leadership is about people, it has nothing to do with any title. Being a leader is not easy. Every individual is different from the other and come from different background, and has different thought process. So leadership is all about understanding people.

So-called leadership titles like, "CEO", "VP", "GM", etc., only show their power over others. If you want to be a true leader, you must inspire your employees through your actions. As John Quincy Adams said, "If your actions inspire others to dream more, learn more, do more and become more, you are a leader."...Read more

Who Empathizes with Machiavellian or Narcissistic Leaders?Who Empathizes with Machiavellian or Narcissistic Leaders?

Have you ever worked with a leader who manipulates others to get their own way? Or is there someone in your team who is so completely self-obsessed that they disregard other’s opinions and contributions? Hostile personality characteristics such as these might help people climb the career ladder, but it could be a very lonely journey to the top — unless their colleagues also share these personality characteristics.

In our research, we replicated previous findings that leaders with negative personality traits were perceived by their subordinates as displaying poorer leadership behavior. However, we also found that if followers shared those same traits, they were more likely to get along with their nasty manager...Read more

Why Women Entrepreneurs Are Game ChangersWhy Women Entrepreneurs Are Game Changers

Gone are the days when women were not often seen in the business world. Now, the business landscape is changing, though at a slow pace. Kiran Mazumdar Shaw, Oprah Winfrey, Arianna Huffington, Indra Nooyi are a few names that assure us women are equally efficient when it comes to running a successful business.

I, being a woman entrepreneur myself, believe that women can be equally successful as their male counterparts in the business world. Why? My friend, women have many traits that can put them ahead in the business race.

Here are the top seven business skills that women innately have:..Read more

‘Electric is the future’ for German car majors with 50 billion euros investments‘Electric is the future’ for German car majors with 50 billion euros investments

MUMBAI: With opposition to diesel gathering momentum, automobile makers in Germany, one of the biggest consumers of the fuel in Europe, are preparing to head out to Electric Avenue.

That was the loud and clear message at the ongoing 67th edition of the Frankfurt Motor Show: “Electric is the future.” And, that autonomous cars driven by artificial intelligence are closer than ever before.

The Volkswagen Group, Daimler Group and BMW Group have committed investments in excess of €50 billion to develop electric cars (EVs). Volkswagen, the world’s largest car maker, has declared its intent of being the largest EV maker by 2025, aiming to overtake rival Renault-Nissan, which already has a head start...Read more

Disruptions in the global automotive industry: Solutions from India?Disruptions in the global automotive industry: Solutions from India?

When Henry Ford unveiled the moving assembly line in 1913, it transformed the automotive industry. Over the last 100 years, the industry has been disrupted by many innovations—electronic control units (ECUs) in automobiles and their takeover of several human tasks, driverless car prototypes, and more recently, changes to the mobility paradigm with autonomous vehicles, ride sharing, shared business models, increased connectivity, and more.

With significant automotive sales, a very large user base, and an increasing appetite for innovative mobility, how can India play a disruptive role in the industry? The answers lie in the challenges of the present...Read more

Why Entrepreneurs Need to Slow DownWhy Entrepreneurs Need to Slow Down

India has secured the third position in the list of leading start-up hubs, following the US and the UK, as per the ‘Indian Start-up Ecosystem Maturing’ report by Nasscom-ZINNOV, released in 2016.

Given the upsurge in foreign incubators supporting these budding ventures, in addition to government policies that further encourage entrepreneurs to Make in India, there are innumerable businesses that have seen the light of day in the past few years...Read more

Balanced Scorecard or OKRs: Which Tool Will Help You Execute Strategy?Balanced Scorecard or OKRs: Which Tool Will Help You Execute Strategy?

In a recent study highlighted in Harvard Business Review, strategy execution was cited as the number one challenge facing global CEOs, topping innovation, geopolitical instability, and top-line growth. Little wonder it keeps executives up at night when you consider that at least two-thirds (and by some estimates a much higher percentage) of companies struggle to execute their strategy.

So how do the top performing organizations overcome this disturbing statistic?...Read more

What Your Innovation Process Should Look LikeWhat Your Innovation Process Should Look Like

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment.

When organizations lack a formal innovation pipeline process, project approvals tend to be based on who has the best demo or slides, or who lobbies the hardest. There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. And they count on well-intentioned, smart people sitting in a committee to decide which ideas are worth pursuing...Read more

The world is getting smarter with IOTsThe world is getting smarter with IOTs

We are making rapid strides towards a digitally connected future where anything that can be connected will be connected. Internet of Things (IoT) is no longer a buzzword but a reality, and it is as good as it sounds.

Imagine a world where your driverless car automatically figures out the best way and changes its route. Imagine a world where you enter your house cooled to the perfect temperature with hot food waiting for you with the whizz of the washing machine in the background. Imagine all of this and much more happening without the use of a single button or coordination with multiple people. This is the power of IoT...Read more

You Have a Great Idea, But Do You Have the Confidence and Persistence To Build It? You Have a Great Idea, But Do You Have the Confidence and Persistence To Build It?

In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.)

Who are you and what’s your business?

My name is Greg Solometo and I’m Founder and CEO of Alliance Homecare. We started a private pay concierge home care service 10 years ago after taking care of former New York Governor Hugh Carey for the last two years of his life. This identified a pathway to creating a “best in class” care program for seniors and the mobility challenged. Taking care of an elderly person in your family that you love can be a time-consuming, frustrating and costly venture --not to mention overwhelming...Read more

How self-reflection can make you a better leaderHow self-reflection can make you a better leader

Your company is expanding into China. Your most trusted team member put her notice in this morning. And your desk resembles a second-grade science experiment run amok.Advertisement: Replay Ad As you frantically consider where to throw your attention, are you in the mood to reflect on what’s driving your behavior? To analyze your larger goals? To consider what got you into this situation and how you might avoid it in the future?

Probably not.

“The usual reaction is, ‘Well, I’ll just go faster,’” says Harry Kraemer, clinical professor of strategy at the Kellogg School and former CEO of multibillion-dollar healthcare company Baxter International...Read more

E-switchover – What’s at stake?

E-switchover – What’s at stake?

Here’s a look at the number of vehicles and manufacturers that will be impacted the most by the govt’s policy on shifting to electric vehicles by 2030...Read more

The Double-Edged Sword of Being a Lean Start-up The Double-Edged Sword of Being a Lean Start-up

Move fast and break things” was the oft-quoted motto of Facebook’s early days. This ethos of speed is replicated in the lean start-up methodology, which emphasises getting to market as quickly as possible and learning from multiple, rapid iterations of a start-up’s product market offering. While experimentation is a cornerstone of the lean start-up approach, how does the process of learning – which occurs hand-in-hand with experimentation – influence a start-up’s longer-run viability? In particular, can learning and experimenting also have some say in whether a start-up is able to adapt to future technological advances...Read more

11 Things You Need to Know About Bitcoin 11 Things You Need to Know About Bitcoin

Even the most tech savvy among us have a hard time wrapping their heads around Bitcoin. It's a hot topic and a frequent point of discussion among investors, entrepreneurs and stock traders, so you should want to know all about it.

For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank...Read more

New Telecom Policy may ensure Internet access for 1.3 billion Indians New Telecom Policy may ensure Internet access for 1.3 billion Indians

The New Telecom Policy, expected by March 2018, will focus on providing affordable internet access to 1.3 billion Indians and facilitate domestic manufacturing to curb dependence on imports. Telecom minister Manoj Sinha told ETthe call drop situation has improved and competition will ensure quality services at affordable rates. “Internet to all will be the basic principle and to give a boost to telecom manufacturing would be a key factor of the new telecom policy,” Sinha said...Read more

The Game Changers of 2017 The Game Changers of 2017

They are the 35 boldest entrepreneurs of India who are changing the game in various industries and together they represent the optimism, inventiveness and boldness of India's millennial entrepreneurs. They have not just questioned the conventional wisdom but answered it with their fiery and risky business undertakings. They have inspired every young Indian to not shy away from breaking the status quo, rewriting the rules and transforming the world. Entrepreneur Magazine is glad to present the Indian class of 35 Under 35...Read more

The Nine Major Ways of Doing Business in the World The Nine Major Ways of Doing Business in the World

There is a simple truth in international business: All else being equal, the more similar the host country abroad to the home country of a firm, the more likely is success. It is a lot easier, for instance, for a Spanish firm to do well in Portugal than in Switzerland.

For firms and internationally active managers, this places a premium on knowing just how different markets abroad are....Read more

The Case for Investing More in People The Case for Investing More in People

Productivity isn’t everything, but in the long run it is almost everything,” wrote Paul Krugman more than 20 years ago. “A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise output per worker.

There is a virtuous cycle between productivity and people: Higher levels of productivity allow society to reinvest in human capital (most obviously, though not exclusively, via higher wages), and smart investments result in higher labor productivity...Read more

The World’s Smartest Countries The World’s Smartest Countries

When Sergey Brin was 16 and his family had already been living in the United States for a decade, his father took him on a short trip back to Russia. It was 1990 and the Soviet Union was collapsing. By the second day of the trip, the teenager had seen enough to grasp what his life could have been. Taking his father aside, the future co-founder of Google told him in earnest: “Thank you for taking us all out of Russia...Read more

Bibop Gresta Marks His Entry into India: Hyperloop Signs Up With AP Govt Bibop Gresta Marks His Entry into India: Hyperloop Signs Up With AP Govt

The Government of Andhra Pradesh in India loops in Hyperloop Transportation Technologies (HTT) to connect the city centers of Amravati and Vijaywada.

For a country as large as India, Hyperloop Transportation's technology comes as a blessing and the passion of its co-founder as a driver for other entrepreneurs...Read more

Why Preventing Disruption in 2017 Is Harder Than It Was When Christensen Coined the Term 
 Why Preventing Disruption in 2017 Is Harder Than It Was When Christensen Coined the Term

Every winter, my colleagues and I invite CEOs of some of the world’s largest businesses to join our students at Stanford University. Those that do spend an evening discussing the challenges of digital disruption with us and some of the brightest MBA students on the planet. Invariably, each CEO we host recognizes two truths: Digital disruption will reshape their industry in one fashion or another and they must find a way to embrace these changes...Read more

What do organisations with high performance culture do differently? 
 What do organisations with high performance culture do differently?

To understand a high performance culture, let's start from the basics - what is an organisation's culture? American research and advisory firm Gartner defines it as "A physical or virtual environment designed to make workers as effective as possible in supporting business goals and providing value.".

Organisational culture can, hence, be defined as the learned assumptions and unwritten rules on which people base their daily behaviour. It is the commonly accepted - "This is the way we do things around here”...Read more

Auto companies like Hyundai, Tata Motors, advance plans to make electric cars in India 
 Auto companies like Hyundai, Tata Motors, advance plans to make electriccars in India

Signalling a major change in stance, carmakers are advancing plans to make electric cars in India by giving them preference over hybrid versions. Automakers such as Hyundai, Tata Motors and Mahindra & Mahindra are leading the race to roll out electric cars soon.

Hyundai Motor, South Korea’s largest carmaker, is considering the assembly of electric vehicles in India as early as 2019 and has dropped hybrid car plans for the market...Read more

Why Everyone Should See Themselves as a Leader

Sue Ashford, a professor at the University of Michigan’s Ross School of Business, breaks down her decades of research on leadership—who achieves it, and how a group grants it. She explains that the world isn’t divided into leaders and followers. Instead, it’s a state that everyone can reach, whether they’re officially in charge or not. She also explains why shared leadership benefits a team and organization. Ashford offers tips on how to effectively grow leadership in yourself and your employees...Read more

The Early Entrepreneurial Spirit of Warren Buffett, Jeff Bezos and Others (Infographic) 
 The Early Entrepreneurial Spirit of Warren Buffett, Jeff Bezos and Others (Infographic)

Even from an early age, you can tell that many of today’s famous business leaders were destined for greatness. In their youth, Jeff Bezos, Warren Buffett and Richard Branson showed their savviness by starting small businesses or brainstorming million-dollar ideas.

And that entrepreneurial spirit only increased with age. Growing up, billionaire investor Buffett was hard at work, delivering newspapers and selling items such as gum, golf balls and garbage bags. With the money he made, Buffett launched a business where he invested in pinball machines, which he installed in local barber shops...Read more

How Automation Will Rescue Middle Management 
 How Automation Will Rescue Middle Management

The rise of AI has sparked worldwide fears that technology will soon become advanced enough to replace human workers on a grand scale. If you share those fears, I have good news and bad news for you.

First, the bad news:

According to a January 2017 McKinsey Global Institute report, about half of employees’ current tasks could be automated by adapting existing technologies. It is not a question of whether, but rather of when, the technology will be good enough to perform on par with humans. Indeed, millions of workers in the global manufacturing sector are already at risk of being replaced by robots...Read more

Game-Changing Inventions Game-Changing Inventions

Why don’t cows choreograph dances? Why don’t alligators invent speedboats?” These are questions that Anthony Brandt, a composer, and David Eagleman, a neuroscientist, ask—and immediately answer—in the first chapter of their new book, The Runaway Species. Animals can’t match human ingenuity, they explain, because of “an evolutionary tweak in the algorithms running [our] brains.” We’re different because we see the world not just as it is but as it could be. We think What if? and can therefore create our own futures. And what an existence we’ve fashioned so far: language and accounting, the wheel and the plow, vaccines and medicines, cinema and skyscrapers, satellites and smartphones...Read more

Leadership Development: An important agenda for a CEO Leadership Development: An important agenda for a CEO

Among the varying HR priorities of fast growing organizations, it is not unheard of for the Learning and Development program to lose focus.

In the developing markets, talent capital plays a significant role over technology or financial capital in the growth of an organization. Consequently, organizations agree to invest a substantial amount of their turnover in development of their people. More often than not, much of the investment and effort that organizations spend on learning is focused on the wrong things...Read more

The World’s Most Innovative Countries, 2017

Around one in nine people in the world currently suffers from hunger. One in three is malnourished in one form or another. Moreover, global food demand is expected to increase by at least 60 percent by 2050. To nourish a population of 10 billion, innovation in agriculture is imperative. The good news is that historically, agricultural innovation has proven both feasible and incredibly successful. Advances such as pasteurisation, refrigeration, mechanisation and the so-called ‘green revolution’ have boosted the world’s food supply and triggered socio-economic development...Read more

The #14 Most Daring CEOs in India The #14 Most Daring CEOs in India

A business leader is the one who challenges the status quo. Their unexpected ways of looking at situations draw the best results for the companies. The corporate head keeps a steady hand while the company is growing to its full potential.

A great CEO cannot be judged by his degree but how he can lead with impact. This year's 'Daring CEO' list features people with practical wisdom: the insight, judgment, and strength of character that no business school can teach...Read more

6 Ways You Can Succeed As A New Leader  6 Ways You Can Succeed As A New Leader

Congratulations on earning your place as the new leader of your team or a new organization. It’s the moment you’ve work so hard for and finally have made it here. You’re a new leader whose past experience, attitude, skills and reputation has landed you in a position of much authority and responsibility. There’s a good chance you’ll succeed in your new role, however, it’s not guaranteed.

Everything you’ve done so far in your career has led you to this position, however, everything you’ve done so far isn’t what you need to continue doing to succeed. In fact, you’ll need a new set of skills to continue being successful. You need to adapt those traits and develop skills that make leaders winners...Read more

Entrepreneurship a less desirable career choice in India   Entrepreneurship a less desirable career choice in India

NEW DELHI: Entrepreneurship is a less desirable career choice in India when compared to its peers in the least developed economies as well as in Brazil, China and South Africa, says a report.

According to Global Entrepreneurship Monitor (GEM), a global consortium researching on entrepreneurship, only 39.3 per cent in India think entrepreneurship as a good career choice.

The figure for India is less than the factor-driven (least developed) economies as well as the BRICS nations, except Russia as the data for Russia was not available...Read more