Entrepreneurship

Changing Perceptions – How Yesterday’s Sins are Becoming Today’s Virtues

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The origin of most religions can be traced to the need for order and discipline in society through definition of what constitutes acceptable behaviour and what does not. Consequently, those actions that were deemed harmful were called sins, that would be punishable, either in this life, in the afterlife or in the next life, depending…

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Rising Inequality – Sign of the times to come

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If anything, the economic fallout of Covid 19 pandemic can be seen as a precursor of the times to come. It has shown how those equipped with the right resources and privileges will thrive, whereas those without will suffer the consequences, sometimes for generations. Since the beginning of time, change has been a way of…

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The WhatsApp Debate

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The new terms of use of WhatsApp have once again triggered a furious debate on our privacy and how much information about ourselves Internet based applications should have access to. WhatsApp groups are buzzing with discussions on whether to continue there or switch to Telegram or Signal or even esoteric alternatives like Discord. Some users…

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Startup mode Governance?

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For those familiar with the startup ecosystem, The Lean Startup by Eric Ries is often considered the go to handbook when embarking on a new venture or project. In the book, Ries has put together some seemingly common sense rules that should be followed by organizations to improve their chances of achieving success. The Lean…

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Choosing a B School – Importance of a strong alumni network

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Management has emerged as a safe career option for young people today. One of the first decisions that they need to take is the choice of which B School to join. Rankings, published by various publications as well as government agencies like NIRF, are an obvious method for selecting which Institute to opt for. Unfortunately,…

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Startups vs Small Business – Why understanding the difference is crucial

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Startups have become the buzzword over the past few years in India as policy makers realized that there was no way the economy, as it exists now, can generate enough jobs. It is estimated that while around 12 lakh young people were entering the job market every year, pre-Covid, our formal economy was generating only…

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Life After MBA – A look at non traditional career choices

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For those interested in pursuing a career in management, as well as those already studying at B Schools, this is generally an extremely stressful period. For prospective students, it’s the various entrance exams followed by rounds of personal interviews, essays and group discussions till the coveted admission letter is received. For students, this is the…

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BMC – Balancing Progress with Business Friendliness

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In the endeavor to make Bhubaneswar a truly Smart City, BMC needs to keep the needs of small businesses in mind The visit by BMC Commissioner Sri Prem Kumar Choudhury with his officials to the Unit-I and Unit-II markets and the decision to improve the conditions there, is a step in the right direction. At…

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Ivory tower economists and the reality of Indian small businesses

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Every year, we are privileged to first speculate, then listen to and finally analyse the annual budget. Before the budget, we also get the Economic Survey, that is supposedly the base upon which the budget is prepared. For a very long time, the populace used to wait for the budget with bated breath, hoping for…

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