SP JAIN GLOBAL BLOGS

In these times when ‘crony capitalism’ and ‘suit boot ki sarkar’ are terms that are easily bandied about, it is a common perception that business is all about greed, and businessmen are a selfish lot, looting the rest of us to fill their own coffers. I beg to differ. I contend that business is as noble an endeavour as any, and is, in fact, social work. Let me illustrate my point with a story.

Topics: Global Family Managed Business, Faculty, SP Jain School of Global Management, Thought Leadership

One very important parameter of negotiation is psychology. Whenever two sides negotiate, it is never two individuals, and never two organizations, but always two psychologies. The psychological mindset of an individual is extremely important in a negotiation.

Topics: Global Family Managed Business, Faculty, Thought Leadership

I just watched the YouTube video “Humans Need Not Apply.” After the initial let-down (boy do I feel useless – and apparently I soon will be), I had to stop & think. If 45% of human jobs will be replaced by bots (physical and virtual), and if that will happen in our lifetime — much more quickly than farm work was mechanized and craftsmen were replaced by factories — what should each of us do?

Topics: Faculty, SP Jain School of Global Management, Thought Leadership, Disruptive Technologies

I read a biography years ago (in the 80’s, perhaps) about a man named Stephen Hawking. To tell the truth, I don’t remember much about him beyond his illness — a rare early-onset form ofLou Gehrig’s disease — and the fact that he was a well-renown physicist famous for Chaos theory.

Topics: Faculty, SP Jain School of Global Management, Leadership & Entrepreneurship, Thought Leadership

On Friday, August 5, 2011, the world woke up to a reality that the USA had lost its credit rating of triple A. This means that the USA is no more the haven for investment it always was. The main reason for this credit rating downgrade was the politicking in Washington at the cost of the overall interest of the world in general and Americans in particular. The timing for this downgrading couldn’t have been worse. Europe was already in the midst of debt crisis with Greece, Portugal, and Ireland on the brink and seeking bailout packages from their EU partners; and Italy also looking very vulnerable. The tremors of these economic upheavals are now felt all over the world. Global stock markets and currency markets are on a swing with trillions of dollars lost in the stock markets and investors finding safety in investing in gold. We are indeed living in a world where the economic volatility in the one hemisphere is affecting governments, large investors, banks, MNCs and people all over the world.

Topics: Sydney Campus, Singapore Campus, Faculty, SP Jain School of Global Management, Global MBA, Thought Leadership