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Corporate Turnaround-Best Strategy to Counter Recession
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Bear Stearns is gone, Lehman Brothers is gone and Merrill Lynch is almost gone. Three out of the five great walls of the Wall Street (USA) have collapsed. Thanks, to JP Morgan Chase and Bank of America; at least two out of these three unfortunate Investment Banks did not meet the same fate as the Lehman Brothers Inc...
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The Impact of Economic Meltdown-Who can Bell the Cat?
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Many people think and talk about the failure of market forces as something new. But it is due to the inherent failure to think the proper application of the laisseiz-faire policy, where to apply and where not to apply. It is not the market forces as conceived by Adam Smith is a failure...
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Role of Unorganised Sector in Indian Economy
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Most people in India earn a livelihood by working for an income. They work for one employer or many, or as self employed or own account workers or as contract workers, home-based workers etc. in every sector in the economy. The informal sector is economic activity that is neither taxed nor monitored by a government...
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WTO sees Global Trade Decline in 2009 as Recession Strikes
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According to the words of Director-General Pascal Lamy, "trade can prove to be a potent tool in lifting the world from the economic doldrums. In London G20 summit, leaders will have a unique opportunity to unite in moving from pledges to action and refrain from any further protectionist measure which will render global recovery efforts less effective"....
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The Importance of Leadership Development
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It's easy to discount the importance of leadership development, assuming that corporate leaders either have what they take or they don't and if they do they'll learn as they go. If they don't...well, if they didn't have what it took they wouldn't have been given a leadership role to begin with, right?...
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