“I hire people in spite of an MBA, not because of one”. That is Elon Musk participating in an online conference organized by Wall Street Journal. Adding insult to injury, Musk blamed the present condition of American corporates on “too many MBAs running companies”. Musk’s comments have stirred the MBA pot all over again. The debate around the relevance of today’s MBA education has been growing ever since the Lehman Brothers collapse and the collateral damage to the financial services industry globally. The MBAs were blamed for a lot of the dodgy products the hedge fund industry had been feasting on…
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The road map for the next five years for devolution of funds to the states, as recommended by the 15th Finance Commission (XVFC), is ready. Tragically though, despite the many important lessons the COVID pandemic taught us, the Finance Commission’s report seems to have largely ignored these lessons. The draft XVFC recommendations totally ignore the aspirations of the states and their hopes of getting their due share. In fact, the structure of the recommendations has been made more discretionary in favour of the Centre, with little thought of the states' needs, based on fairness and equity. In fact, the report’s…
Read moreIn 2019, the Indore Municipal Corporation became the first Indian city to clear around 15 lakh tonnes of historic waste at landfills using a process called bioremediation. With overflowing landfills and the difficulty of finding new waste disposal sites, Urban Local Bodies (ULBs) across the country now look at the Indore project as an example worth emulating to clear out waste dumps at landfills. Cities like Bijapur, Davanagere, Doddaballapur, and most recently, Hassan and Gokak have already invited Expressions of Interest or tenders for conducting bioremediation. While this may result in reclaiming some land from waste disposal sites, several challenges…
Read moreAs a person who has attended probably a few thousand short and long meetings, I can vouch for the fact that you cannot run a company without meetings. And even if a lot of employees feel they are a waste of time, the alternative to having meetings is the ‘command, control, dictate’ system of working. Where all decisions get taken by a few people who then dictate their decisions to the rest of the organization. Without meetings, what we call the modern day organization will collapse. But researchers have been trying to figure out ways to make meetings more productive.…
Read moreHousing is a fundamental social and economic need that determines the quality of life and health of people. Housing also underscores the deeply entrenched urban plight of our cities. 6.5 crore persons, that is 1 in every 6 persons, lived in slums and informal settlements in India in 2011. The existence of 33,510 slums, surveyed in 2013, in our 4,000 plus cities is another staggering statistic. Long-term marginalization of these neighbourhoods, is visible in the poor access to water and sanitation amenities in slum households. The census of 2011 showed that 43.3% households did not have water inside their homes…
Read moreThere can be no dispute over the fact that the frequency, intensity and spread (new cities getting affected) of urban floods is increasing in India. The reasons are mostly known: increasing and mostly unplanned urbanisation, rural-urban migration, encroachments of water bodies, concretization of flood plains and other lands, decreasing capacity to hold, store, recharge and drain the rainwater, increasing rainfall intensities with changing climate, wrong operation of big dams and deteriorating governance. The damages are going up, also because our forecasts are far from reliable, accurate, location-specific or with sufficient lead time. Because of our incapacity to learn lessons. Disaster…
Read moreOn August 19, 2020, Axis Bank, one of India’s leading private sector banks, announced that they are exploring a ‘Gig-a-Opportunities’ mandate: the company has 85,000 full time employees but over the next three years, 15% of their incremental hiring will be based on alternative models of working, said the Bank. This may be new for India but approximately 150 million workers in North America and Western Europe have left the relatively comfortable existence in a corporation to a life as independent contractors. It is possible that some of them did not have a choice, but all of them seem to be…
Read moreHistorically there have been many ways of isolating patients with infectious diseases. The ill can be removed to a place where they cannot infect others. If they are treated at home the residence itself can carry a warning sign – a method that has been in place since the time of the plagues. The most disturbing however, and even traumatic for those living in such houses, is the prospect of being barricaded in. And yet, this is precisely what the city’s civic body is doing, and this is now being copied by other cities too. The modus operandi, so we learn,…
Read moreRecently, Citizen consumer and civic Action Group (CAG) conducted an online dialogue on Chennai’s Metropolitan Transport Corporation (MTC) bus service. The dialogue was part of a national campaign (Lakh ko 50) by the Sustainable Urban Mobility Network (SUM Net India), which asks the government to ensure that there are at least 50 buses per lakh population in our cities. The idea was to hear from commuters to understand what is needed to improve the bus service. Transportation experts also spoke on how the MTC’s fleet strength is inadequate for the number of passengers it serves, and pointed out that there…
Read moreIndia employs 90% of its workforce within the informal labour sector. According to ILO estimates, four million workers are employed as domestic workers (of which three million are women). According to the Ministry of Housing and Urban Poverty Alleviation, more than 10 million people are registered as street vendors. The NSSO survey findings from 2011-12 highlights that there are 37.4 million home-based workers in India. With limited laws and policies governing them they are often left at the mercy of their employers, who have become their proxy social security providers during the pandemic. Over the span of the last three…
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