What’s your thinking on the question we’ve asked? Well, read the response by Dr Bhaskar Das in the May 31 edition of Das ka Dum and form your view. Read on…
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Q. The last month of the first half of the year starts tomorrow. Anything you would like to see happening to give H1 a better look-and-feel?
A. I am getting a mixed signal: while World Bank update notes that although significant challenges remain in the global environment, India is one of the fastest growing economies in the world. So, overall performance of the economy may be better than other parts of the world, but there are multiple headwinds for many sectors, including M&E, and many specific organisations, for sustaining demand growth consistently. The need of the hour is focused attention to macro and micro environments so that irrational exuberance emanating from the performance of one quarter need not flow to the next. While a growth mindset is a must, one needs to be alert of possible challenges that can torpedo future plans any time. So, conservation of resources and reduction of wasteful practices in an organisation are key.