Management Gyan

Is Leadership All About Global Thinking?

Is Leadership All About Global Thinking?

April 2019   
Over the past few decades global businesses have gone through a transformation in that the challenges being encountered by leaders are very different today for keeping the companies competitive. . . . Read more »


Networking on the Fairway

Networking on the Fairway

Rabindra Man Shrestha joined the Royal Nepal Golf Course (RNGC) in 1994 when he was the sales and marketing director of Gorkha Brewery. His sole intention behind taking up the sport was to promote . . . Read more »


Rituals Can Save Your Company!

Rituals Can Save Your Company!

"What are your pressing HR issues?" I asked the HR director of a multinational operating in Kathmandu while designing a workshop. The prompt reply was: "We hire new people to replace the old ones. . . . Read more »


In Praise of Communication

In Praise of Communication

Everybody unanimously admits that communication is the tool for effective implementation of any work. Management happens only if there is effective communication among the various actors. Even if . . . Read more »


How Incentives can Improve Employee Engagement?

How Incentives can Improve Employee Engagement?

Incentives are something provided by organisations in addition to regular remuneration to drive performance in their employees. At times, these incentives are monetary and in others they are monetary . . . Read more »


Public Relations : A Promising Career Choice

Public Relations  : A Promising Career Choice

Business has never been conducted in isolation. It is very much part and parcel of society and supplying its demands for products and services in the form of a commercial venture. But these demands . . . Read more »


Is Leadership Different from Management?

Is Leadership Different from Management?

March 2017   
A debate has been persisting, if leadership is different from management. It is indeed different but not for the reasons most people think. John P Kotter had elaborated this debate in his leadership . . . Read more »


Predicting Crisis

March 2017   
A moment of crisis is integral to any business enterprise. Irrespective of quality of management a crisis is likely to happen at an average frequency of 5-7 years from the start of an operation. These crises can be attributed to external or internal factors or a combination of . . . Read more »


CEO - Beware, You may Fail

CEO - Beware, You may Fail

Feb 2017   
Yes, many of the CEOs fail. It is a strong assertion, startling and dismally disappointing. But it is a fact. The failure rate of enterprises world over is much higher than success. All the failure . . . Read more »


Democracy for Managerial Excellence

Democracy for Managerial Excellence

Jan 2017   
What is managerial excellence? It is like parenting a new born baby into adulthood. In the business world dreaming has to become reality. Successful great leaders combine in them the qualities of a . . . Read more »


Getting Organised by the Doctor ! Making the Most of Your Diary

Every year most business people across Nepal get a gift of a diary. A nice thick book, it has plenty of nice pages inside as it proclaims all of the dates for the upcoming year. And for the vast majority of Nepali businesspeople, the book is a waste of money. Why? It is because most diaries are not properly utilised for effective business . . . Read more »


Why NEWS in Advertising?

Why NEWS in Advertising?

No, this discussion is not about news in advertising. At a time, when news itself doesn’t contain much news, it is over optimistic to expect news in advertising. For that matter, there isn’t much . . . Read more »


Packaging & Waste

As our global economy continues to grow, by 2030 the planet will be home to nearly nine billion people, including three billion middle-class consumers in the developing countries,the challenges of meeting this increasing demand for products and services will be . . . Read more »


Circular Healthcare

Circular Healthcare

Many would still consider ‘sustainability’ to be little more than a popular buzzword, but for those in healthcare, it is a concrete imperative. Either we establish healthcare on an . . . Read more »


Sustainability in Tourism

Sustainability in Tourism

Sustainable Tourism simply means: “Tourism which is developed and maintained in such a manner and at such a scale that it remains viable over an indefinite period and does not degrade or alter the . . . Read more »


Why Shakespeare’s Henry V is Relevant in Today’s Leadership

Quite sometime back I had written an article on “Why Shakespeare is still relevant in today’s business”. I must confess that I was deeply influenced by Prof Richard Oliver, during my sojourn at Oxford University on an academic course. . . . Read more »


A Method to the Madness

 A Method to the Madness

As more favourable economic conditions slowly return, retailers envision a prosperous and profitable future but they must manage growth while accounting for a Responsible and Sustainable retail . . . Read more »


Circular Economy

July 2016   
What do Renault, Philips, Ricoh and Heineken have in common? They are all leading proponents of "circular" manufacturing, which seeks to reduce the use of materials and energy in manufacturing products and services and then recover as much of the end products as possible through reuse and . . . Read more »


Business-As-Usual : Not an Option

June 2016   
So, what is the scenario of business-as-usual versus sustainable business? Why is it such an uphill task to bring in the . . . Read more »


Significance of Data in Business Decisions

Significance of Data in Business Decisions

May 2016   
Getting the answers to queries like how the business is faring now as compared to the same period last year, is it on the up-trend or is it nose-diving or is it stagnant, would no doubt be of great . . . Read more »


Experiential Marketing

May 2016   
I still remember my teenage years at Kalimati, where street vendors used to offer you a taste before you bought a fruit drink. I regularly used to go there with friends or alone just to taste the variety of fruits from so many . . . Read more »


Grow or Go

May 2016   
Growth is magic. It is the taste of success. It makes it easier to fund new investments, attract great talent, and acquire assets. But the environment for growth has been difficult for some time now. . . . Read more »


Leadership “Drive Through Changes”

April 2016   
What you need to have in the end is a critical mass of real change leaders throughout the . . . Read more »


C is the New A

April 2016   
Once one reaches the C-suite, technical and functional expertise matters less than leadership skills and a strong grasp of business . . . Read more »


Teams Everywhere

Teams Everywhere

March 2016   
Start-ups, small and medium business units and conglomerates – all are effusive in their use of the T-word: Team. Perhaps, not a single interview, meeting, business planning, target setting or . . . Read more »


A Learning Organisation

A Learning Organisation

Many a young executive and senior manager lives in the ill-formed bubble that learning stops when a ‘job’ begins; that to learn is to be back in college and that to be working and learning is . . . Read more »


Hunting Down Waste

Hunting Down Waste

Kaizen, as understood by now, is all about ridding our business processes of imperfections in a gradual and continuous . . . Read more »


Staying Ahead of the Business

Businesses are always striving to improve on the previous financial bottom line and are competing with peer groups to emerge as a market leader. For this, achieving better financial results in each passing year becomes crucial for the management . . . Read more »


Meetings: An Alliance, an Affirmation and a Therapy

 Meetings: An Alliance, an Affirmation and a Therapy

A meeting is an alliance. Each person sitting there endorses a coming together of ideas and direction. Even a dissent, a disagreement and an argument are a valuable dimension of the discussion. In . . . Read more »


Eliminating Wastes to Prosper via Kaizen

 Eliminating Wastes to Prosper via Kaizen

Among all management concepts and tools, Kaizen is the most humanizing and harmonizing as it engages every section of a commercial organization – from the chief executive to the junior-most rank . . . Read more »


Preservation of the Soul at Work

 Preservation of the Soul at Work

David Whyte in his book, The Heart Aroused, attempted to keep what is tried and true, good and efficient at the centre of our present work life, while opening ourselves to a mature appreciation of . . . Read more »


A Stuck Structure

A Stuck Structure

There is no excuse for a stuck structure, and yet more and more of our medium and big organisations are stuck! The people, roles and way of working has ossified. All talk of redefining, . . . Read more »


Knowing the Success Attributes

To be very successful in life is a wish every single individual nurtures within. However, not everyone can be successful as one desires. Becoming successful is something that largely depends on many factors, the most significant ones being self-discipline, can-do attitude, will power, positive thinking, passion for work, perseverance, creativity and visionary . . . Read more »


Is Just-in-Time Manufacturing Your Cup of Tea ?

Is Just-in-Time Manufacturing Your Cup of Tea ?

A stitch in time saves nine. This common saying in English finds an echo in almost all languages, across countries and cultures. From the ancient Sanskrit invocation Shubhasya Sheeghram (sooner the . . . Read more »


Management Research : Myth vs Reality

Management Research : Myth vs Reality

Little do we realise that the purpose of research should be to add something tangible to the existing body of knowledge. Often times, it may entail challenging the concepts and . . . Read more »


Skepticism on TeliaSonera’s Strategic Move

Skepticism on TeliaSonera’s Strategic Move

The withdrawal of foreign investors from Nepal is certainly not a good sign. This is a negative dot for the national economy and puts future prospects in jeopardy as . . . Read more »


Inside the Organisational Mind

Inside the Organisational Mind

Discussions about business assume a sense of perpetual dynamic equilibrium. We are told that nothing is certain except change, and that winners are always prepared for change. . . . Read more »


Once Upon a Firm

Once Upon a Firm

In a pyramid structure, an apex firm holds a controlling interest in two or more holding companies that in turn hold controlling interests in several operating companies in the next tier down. . . . Read more »


Sell Yourself

Sell Yourself

During a job interview you are in front of a panel of interviewers who are going to decide whether you get the deal or not, be it a job or any other business . . . Read more »


What Drives Your Career?

What Drives Your Career?

What drives a career is basically a type of inner dynamism that highlights an individual’s desires and needs. Any significant career decision made under the influence of others without consciously . . . Read more »


Occupational Safety and Health

There are various ways in which an employee gets affected, it could be Mental (harassment or loneliness); physical (high sound or lights); technical (lack of proper maintenance of equipment); chemical (use of liquids, chemicals, fertilizers); and ergonomics (posture, eye . . . Read more »


Rise of the Artisans

The reality is that when heritage falls, the artist rises, they rose in 1934 and after each earthquake before that. They have risen again, but they need to be pushed or rather pulled to the . . . Read more »


People before Strategy Performance before Competition

Research by McKinsey, the Harvard Business Review and other think tanks around the globe consistently find that CEOs worldwide see human capital as a top challenge, and they rank HR as only the eighth or ninth most important function in a . . . Read more »


Know When to Outsource

Choosing who could be the right partner for outsourcing is a challenging task which demands a lot of analysis and . . . Read more »


Education to Employment

Education to Employment

Organisations, big and small, call for a show of hands at the next staff meeting for the question,“How many of you think that your graduate education helped you get this job?” Institutions, . . . Read more »


Are Accountants Bossy?

Accounting is one of the most important back office functions. It is more than just crunching numbers. As the financial backbone of the organization, they help people to conceive goals, plan how to achieve them and then take necessary steps. . . . Read more »


Streamline your Business Process for Value Addition

Streamline your Business Process for Value Addition

Businesses have their own nitty-gritties, policies, regulations, working culture, IT platform and work flow processes to suit the flavour of their business model. As a manager or a unit head in your . . . Read more »


The Meaning Quotient

July 2015   
Business leaders are striving hard to find the missing MQ ingredients so that they can improve motivation and workforce . . . Read more »


Consolidation in the Financial Sector

May 2015   
For quite some time now, and more so, after the Global Financial Crisis in 2008, consolidation has become a much discussed and rather important topic for not only in the developed Western World but also in the fast growing emerging economies. In this context, South Asia also needs a greater attention and quicker . . . Read more »


Quiet Leadership and Business Ethics

April 2015   
Leadership and business ethics is a much discussed topic in the current time. So, it would be in order to have a deeper understanding of business ethics. Manuel G. Velasquez, known as the father of academic business ethics, has given a simple but in-depth definition of business ethics. . . . Read more »


Being Social Means Being in Business

Way back in my college days at the Padma Kanya College and later at the Tri-Chandra College, I often spent my mornings at this newspaper shop, Dhurba Stationery, in the slope of Dillibazar. It put up a wide range of newspapers and magazines on stands and allowed its visitors to read them . . . Read more »


Staff Capacity Development in Human Resource Management : Time to Act

Human resource management (HRM) is a function in organizations designed to maximize employee performance in service of their employers’ strategic objectives. HRM is primarily concerned with how people are managed within organizations, focusing on policies and systems. . . . Read more »


Spotting Disengaged Employees and Making Them Engaged

Creating an engaged workforce gives companies a competitive advantage. In order to create such workforce, companies should differentiate disengagements from engagements and make a serious effort to transform disengagements into engagements. . . . Read more »


Education Partnership : Agenda for Action

Education Partnership : Agenda for Action

The relationship is indeed symbiotic in nature as both alternate their roles as supplier and user of resources for each other – business supplying inputs (resources, needs, information etc) to the . . . Read more »


High Economic Growth Through Tourism

​A 1% change in tourism earning will change the gross domestic product by 20%. It indicates that an increase in tourism earnings by, say Rs 100, will increase Nepal’s GDP by Rs . . . Read more »


Measuring Training Effectiveness: Tools and Techniques

There are many ways to assess and evaluate training. Selection of the right evaluation tools only benefits the organization, line managers, trainer and trainees as a . . . Read more »


Entrepreneurship in Engineering Education in Nepal

In this ever-changing global economy, one needs to be proactive, prepared and motivated enough to enter the workforce and engineers need to direct the whole project and be able to collaborate efficiently as leader and . . . Read more »


Prospects of BTL Advertising in this Age

BTL advertising typically focuses on direct means of communication, most commonly direct mail and e-mail, often using highly targeted lists of names to maximize response . . . Read more »


Organizational Culture and Strategic Workforce Planning

An organization’s cultural beliefs and values are likely to translate assumptions of people into awareness on right or wrong and bad or good in the business . . . Read more »


How Important Is Organisational Integrity in Modern Day Business?

Business ethics is a specialised study of moral right and wrong that concentrates on moral standards as they apply to Business institutions, organisations and . . . Read more »


Don’t Let Understaffing Kill Your Business

Most managers deliberately try to keep few staffs than actually required in order to cut off cost and widen profit bracket. . . . Read more »


The Power of Apology in Successful Leadership

“I regard apologizing as the most magical, healing, restorative gesture human beings can make. It is the centrepiece of my work with executives who want to get better.” - Marshall Goldsmith, American leadership . . . Read more »


Analyzing Humongous Bonus Distribution by Surat Diamond

Last week came incredible business news that amazed many people in India and abroad. This news was about an Indian diamond based business company, named Hari Krishna Exporters, giving generous bonuses to its employees. . . . Read more »


Science of Military and Management: A Management Perspective

here are numerous philosophies of organization and management. Every organization follows different ways to manage the organization so as to fulfill their objectives; it may be profit maximization, wealth maximization or service delivery. . . . Read more »


The Ethics of Office Romance

Given the time we spend at workplace, almost a third of a day, it might seem as the most promising venue to look out for romance, flirtations, or even a hook-up. After all, the place where we spend a greater part of our day, we have a whole lot of time to share our interests, goals, and . . . Read more »


Is Profit Antithesis to Collective Welfare?

Discussions on the actual purpose of business organizations have been going on for long in Nepal. Some argue that businesses are created simply to serve the interest of the investors while others claim that the purpose is to go beyond serving the sole interest of the investors and . . . Read more »


Good Managers and Bad Ethical Choices

It remains a classical debate if the aggressive city-centred, technology-driven, consumerist ethos fosters a greedy and grabbing motivational atmosphere. And this leads to unethical behaviour in the man vs. nature relationships in the first place, followed inevitably by a virtually uncontrollable flood of ethical violence in human . . . Read more »