This is an insightful piece of work by Sanjay Khosla and Mohanbir Sawhney, published recently at Strategy+Business. Though people could argue that nothing new in this proposition, and companies did actually narrowed their expansions and growth plans, and focused more on their current offerings and inititated massive gigantic cost-cutting and optimization...

The three horizons of growth from McKinsey is a must-keep framework of practice in organizations in today’s economical turmoil. Though people would argue that it’s a common sense, nonetheless, McKinsey asked for structured focus and disciplined investments allocation to current and future investments vehicles. McKinsey 3-Horizons are summarized as...

“We spend a lot of time and energy at work trying not to fail. However, most people describe their failures as an important part of learning and growing. Adapt a growth mindset and accept that failure is part of the process of skill development. People with a growth mindset feel smart when they’re learning, not just when they’re succeeding....

As I said last week, one positive aspect of the recession is that it makes employers reassess the basic principles of their business and streamline operations. As well as paying close attention to the balance sheet, however, employers should encourage innovative, entrepreneurial thinking. In the current economic climate, great ideas have the potential to make a big...

As an entrepreneur, you’ve probably set your sights high. You dream of a reality that others would brush off as, well, simply a dream. You envision creating a brand that crosses oceans and continents in its importance and recognition. You don’t think in multiples of one, but instead in hundreds, perhaps thousands. And you might even be calculating not...