There are a few well known and universally recognized principles in Economics and Finance when it comes to sick companies. These are  Do not throw good money to chase bad money Concept of sunk cost Cut your losses The Situation I was working as adviser to the scion of a traditionally managed Indian conglomerate. MyContinue reading “FUTURE IS BRIGHT”

Importance of Churning

A few decades back, when I, along with some friends, started our Management Consultancy practice in the field of Strategic Planning, it was a relatively new concept in the Indian industry. After a preliminary introduction to the organization, our engagement with the company generally started with a Brainstorming session with the senior management team. IContinue reading “Importance of Churning”