Is unabated inflation the new normal? Inflation is back and here to stay. For companies, this means that the world in which they do business has fundamentally changed. This book examines inflation from multiple perspectives and offers actions and strategies for companies to cope with and manage it to ensure their survival. For businesses and consumers, it is not a question of eliminating inflation, but how to cope with it in order to suffer as little damage as possible. This includes not just price management, but also sales, finance, purchasing, cost management along with digitalization and innovation activities in equal measure. It also requires corporate cultural change, which if managed fast and successfully, the prospects of defeating inflation and thus ensuring the survival of the company are good.
Catagory: Business & Economics
Strategic Planning for Dynamic Supply Chains: Preparing for Uncertainty Using Scenarios
This book presents a strategic decision-making process (i.e., scenario planning) to help managers build supply chain infrastructures that can adapt to uncertain shifts in the business environment. The authors detail the process for developing and applying scenarios for strategic planning in organizations playing three different roles in supply chains. Using three cases in which the process was applied in association with the MIT Center for Transportation and Logistics, this primer also explains how companies can monitor their business environments to decide when to take the necessary steps to adapt their supply chain strategies and assets. The lessons learned are applicable globally: in first-world free-market economies, emerging countries and poorer nations, as well as the states where the government plays a strong role in the economic activity. For companies looking to assess the numerous drivers shaping their supply chains and use that information to makeliving strategic plans, this book will teach you how to build adaptable and agile supply chains. It will explain how to approach long-term investments in your organization.
Disaster in the Boardroom: Six Dysfunctions Everyone Should Understand
Why when companies come crashing down, do we hear of boards who have failed in their fiduciary duties? Or that they have been ignorant, complacent or downright complicit in these scandals and downfalls? Of course, corporate scandals are nothing new, nor are they limited to any one geography. They are a damning indictment of our systems of corporate governance around the world. And yet, despite this frequency, little or nothing changes. We shrug and move on, accepting they are an unavoidable part of the system that produces incredible wealth for economies and societies. But it should not be that way. Disaster in the Boardroom shows how boards can be better. Looking at why these scandals happen, authors Peterson and Brown present in-depth case studies of major global corporations – including recent contemporary scandals associated with companies such as BP, Facebook and Uber – using the optic of their unique, original and compelling ‘six dysfunctions of the board’ analysis to reveal their particularities but also how they can be overcome. In this book, Brown and Peterson explore common attributes of scandals such as lack of independence from management, missing key voices, cultural amplification, diffusion of responsibility, rule-bound cultures and groupthink. They also identify ways to strengthen boards, improve their culture and competence, and give directors and others the power to take action and ultimately prevent disasters from happening. Disaster in the Boardroom is essential reading for every executive in every boardroom, those aspiring to board positions as well as anyone interested in why boards fail. It has never been more important to pre-identify and eradicate these boardroom dysfunctions – not least so that their impacts upon society can better seen, understood, mitigated, and avoided.
Building Your Money Machine: How to Get Your Money to Work Harder for You Than You Did for It!
Make financial freedom real with the right mindset, right process, and right action steps
Does it feel like you’re missing out on life because you can’t get your finances in order? Are you seeking a life free of financial fear and full of meaning, purpose, and impact?
The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.
Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to:
• Demystify wealth creation through proven processes like The Wealth Priority Ladder™ and The Five Incomes™
• Build the three pillars of your Money Machine—Earn, Grow, and Protect
• Optimize your earnings, transform them into assets, and protect them from loss.
Whether you are a dreamer, doer, or believer—or all three!—your financial freedom is a birthright. Now is the time to embrace your financial potential with confidence and courage.
Accounting Simplified: Sage IIM Kohzikode Series for New Managers
Accounting Simplified guides managers to understand financial health and performance using balance sheet, profit and loss statement, and cash flows statements of a company and its different corporate stakeholders such as clients, suppliers, lenders, investee, etc. The book also helps a manager in understanding cost classification, break-even point, relation between cost-volume-profit, cost measurement and performance evolution of products, projects, strategic business units, segments and customers. Filled with checklists and the account reports of major listed companies in India and explained in a lucid manner, the book will help new managers and accounting executives to integrate accounting insights with business goals and strategy, and to make effective corporate decisions related credit sales, purchases, lending, and investment along with improving the financial their own company.
Human At Work
The world of work, the way we work and we, who work, will continue to evolve. From commuting to large industrial units, to operating from structured cabins and now from homes—every change has brought its set of challenges. It has become imperative for humans to be at the forefront of it.
Human at Work delves into these challenges, the rapid technological advances, digital transformation and economic uncertainties that serve as opportunities and threats for the future of work. These developments call for agile leadership, ethical decision-making and commitment to continuous innovation in an ever-shifting landscape.
Each chapter of this book guides business leader into developing a human-centric approach to the changing dynamics of the workplace. It also highlights the need for companies to ensure team collaboration and foster employee well-being while being inclusive and sustainable.
Filled with useful cases and practical exercises by seasoned HR veteran Richard Lobo, this book is an excellent resource for anyone on how to better the future of the human at work.
The Gym of Leadership
We live in a volatile, uncertain, complex and ambiguous (VUCA) world that calls for a paradigm shift in the style of leadership. The new world needs leaders who are purposeful, agile, flexible, cooperative, humble and helpful. Leadership, therefore, is as much about soft skills as hard skills, and no leader can be successful without using the two in concert. In The Gym of Leadership, Anil Khandelwal, a proven transformational leader, advocates that building all-round leadership capabilities should be a high-priority agenda for those aspiring for growth. Taking a refreshing approach, he uses fitness work out as an analogy to motivate aspiring leaders to develop new-age leadership skills. According to the author, building leadership capabilities is akin to building physical and mental fitness since both require passion, dedication and discipline. A practical guide to leadership, this book focuses on the actual development and practice of specific skills. It primarily proposes eighteen foundational skills of leadership grouped into four sections, namely, ‘understanding the self’, ‘emotional regulation’, ‘relationship management’ and ‘communication’. Authoritative and foregrounded in rigorous research, it promises to fill in the existing gap in the literature on leadership.
An Eye for the Sky
Dr Suresh K. Pandey is a world-renowned eye surgeon, a passionate author, motivational speaker, cyclist and philanthropist. Born into enfeebling poverty in Mohna, a village in Rajasthan with no electricity, sanitation or roads, he spent his schooling years studying in the dim glow of a lantern. A prodigious academic, his passion to learn microsurgery took him all over the world, from Chandigarh, to the USA, and later, Australia.
He finally returned home to establish SuVi Eye Institute & Lasik Laser Centre, Kota, with his life partner, Dr Vidushi Sharma. Their labour of love is now one of India’s best-known and loved eye hospitals. Driven purely by passion, ingenuity and a deep spirituality, Dr Pandey is set on a lifelong mission to eliminate blindness.
His story is an inspiring account of how the singular pursuit of your dreams despite all the odds being stacked against you can benefit and bring hope to millions.
Thinking in Algorithms
Think creatively like a human. Solve problems efficiently like a computer.
Our everyday lives are filled with inefficient and ineffective decision making and solutions. Being overwhelmed by the magnitude of our problems makes it hard to think clearly. We procrastinate and overthink. Our thoughts are tainted with biases. By applying computer algorithms to everyday life, you
can simplify your decision-making and problem-solving process and get satisfying, consistent results!
With the rapid development of Artificial Intelligence, learning how to combine human skills with technical knowledge is important to enhance your professional skillsets and set you apart in the job market.
Learn what algorithms are and use them for better decision making, problem-solving, and staying on track with your plans.
Become more productive, organized, finish what you start, and make better decisions. If you feel that you’re not living up to your potential, struggle with being consistent about your habits, and would like to walk
in pace with the changing times, this book is for you!
India’s Near East
Celebrated as a theatre of geo-economic connectivity typified by the ‘Act East’ policy, India’s near east is key not only to its great-power rivalry with China, which first boiled over in the 1962 war, but to the idea(s) of India itself. It is also one of the most intricately partitioned lands anywhere on Earth. Rent by communal and class violence, the region has birthed extreme forms of religious and ethnic nationalisms and communist movements. The Indian state’s survival instinct and pursuit of regional hegemony have only accentuated such extremes.
This book scripts a new history of India’s eastward-looking diplomacy and statecraft. Narrated against the backdrop of separatist resistance within India’s own northeastern states, as well as rivalry with Beijing and Islamabad in Myanmar and Bangladesh, it offers a simple but compelling argument. The aspirations of ‘Act East’ mask an uncomfortable truth: India privileges political stability over economic opportunity in this region. In his chronicle of a state’s struggle to overcome war, displacement and interventionism, Avinash Paliwal lays bare the limits of independent India’s influence in its near east.