#2017/2018, #October 2017, #More from this edition
Good corporate governance in a company includes succession planning as a vital element.
Organisations that can envisage continuity of business in times of exigencies such as unexpected departures of key people are possibly following best practices.
The realisation must dawn on companies to make succession planning as an ongoing process and not an adhoc event. It can serve twin purposes of maintaining continuity in leadership and developing knowledge capital for the future.
#2016, #Special Edition - November 2016, #Other Highlights
The World Bank’s representative working at the heart of the definitive ‘Doing Business’ rankings revisits the Indian government’s pledge to improve the country’s rating on global charts. The overall assessment is good but there is a long road ahead to achieve a truly business-friendly environment.
The private sector is often described as the ‘engine of economic growth’, given its critical role in creating jobs, which enable citizens and countries to prosper. However, several factors, such as lack of access to finance or burdensome processes for starting a new business, can undermine private enterprise and, if left unaddressed, can impede growth.
#Putting it in Context, #Yearend 2015
India’s economic story in 2015, notwithstanding small hiccups, has been very encouraging to say the least. The GDP growth from 7 per cent in the second quarter to 7.4 per cent in the third ensured India retains its position as the fastest growing major economy in the world.