how much venom is spat on this man in the comments? he will be remebered for the leadership he gave ICICI in converting it into a universal bank from a DFI which had a very high NPA. He will also be remebered for opening up banking for everyone: freeing them from claws of PSU banks. the PSUs are also dealing with a speed nowadays because they have to compete. otherwise remeber the slouch that SBI was
Why corruption breeds in private cos and we blame Govt organization only ? Talents have the shortest career in an organization. ( 3 mths to 2 yrs) Mediocre have the average career life in an organization . ( 2 yrs to 6 yrs) Duffers enjoy the longest career life in an organization. ( 6 yrs till he retires from service) What is the percentage of total middle management cadre employee deserve the hierarchical slot in a private organization ? Why low rank officials in private organizations are only doctored the speech of team work, dedication, loyality, professionalism, commitment , leadership and hard work ? Why promoters don`t take a notice of middle managerial people`s incompetency ? Why corruption is rampant in private cos and perhaps more than in Govt Organizations ? Why private cos managers lack leadership and commitment and expect their juniors to only pitch extra hard ? Why corrupt and lazy persons thrive in Private cos ? Why private cos management don`t like people with high degree of honesty and integrity as their employee ? Why corruption breeds in private cos and we blame Govt organization only ? Why buttering only helps in reaching up the ladder of success in any organization ? If directors/chairman are visionary then why they fail to find right business model and on failing takes the route of layoffs especially lower rank officials ? Why CEOs/V.Ps/GMs are not questioned about their role in making the company fail ?
Re: kamath and fellows responsible indirectly for recession
by Ravi on Jan 25, 2010 01:29 PM
Lets say a person is suffering from Cancer and the doctor tells him that its just a minor illness, not to worry. Why would the doctor make such a statement?...a)with the hope that the patient might live longer under false perception of his illness. b) the doctor has no clue of the seriousness of Cancer. c) the doctor has no clue about the treatment for Cancer.
So in India the masses are the patients and Chidambaram is the doctor, simple.
Airticle quotes Mr. Kamanth saying Chidambaram saved India from Financial crises in 2002. Actually NDA was in power in 2002. Chidambaram was not the Finance Minister!
Re: Chidambaram saved india?
by Ramesh Sethuraman on Jan 26, 2010 08:05 AM
Maybe Chidambaram saved India by not being a Finance Minister at that time!! LOL...
Three CEOs mentioned were luck as their profesinal gam had only ladders and no snakes. Of course they are smart an intelligent, They must head a sick company or uknown company and then build it uo. Because thy are CEOs they think they can comment on anything. Mr. N.Murthy wa in BIAL board. We heer everyday problema and inefficincis in the airport functioning. What NM was doing with his skill and capability at the time of perparing blue print of arirport? He probably has flown around al best airports of world. When GOvt. held him resposnible NOt evet the other CEO liked and reacted immdiately. THe Succesful CEO must confine to ther area of work and do not get into other field. For example Pt. Bhimsen Joshi is well known in his classical music. Such person will and should not comment on say, a world class infrastructure project and confine to his area of specialisation.