From the CEO’s Desk – August 2009
August 3, 2009 | 5:57 PMThe Union Budget came and went – had a hugely negative impact on the market, even though it’s picked up lately. Missed opportunity, I think – the first two years of the government is always the time that you can push strong reforms, even if they hurt. Third year onwards the elections suddenly start looming on the horizon, and that’s the end of reforms. With a strong government, wanted to see a little more aggression than what we witnessed. Maybe they’re waiting for next year – sure hope so.
On to my favourite topic – I find this Australian snowball gaining momentum as it rushes down the international cricket ratings really fascinating. A 75 year old Lords jinx broken, a tied first test where the Australians again howled and hollered about non-gentlemanly behaviour (look who’s talking, mate), top order floundering yet again, bowling without teeth – all the drama associated with an ungainly fall from glory. On the other side of the chart was the Bangladesh team – even though they beat a hugely watered down West Indian team – it was still history being made, and something to remember. Glad that the West Indian problems have been sorted out, would have hated to see teams from Jamaica, Trinidad and Tobago and the likes take to the cricket field.
The point is, there is nothing permanent, and nothing that may not change tomorrow. Just like the mindset around HR outsourcing. Things are a-changing, and changing in favour of outsourcing non core competency areas. Why carry the burden on your shoulders when there are professionals who can manage stuff better? Have a look at one of our articles in this edition on this.
Amazing land, this India – a particular politician spending unimaginable amounts on her own statues across some state – 1,000 to 2,000 crores of rupees being spent on this. Imagine what this amount, spent wisely, could have done for the state. And the irony is, with all the hue and cry surrounding this absurd intent, there is no-one that can stop her. Strange are thy ways, democracy. I know of no-one alive who would be so keen to see themselves as statues all over the place. I know of no-one dead who would have this desire, either – but that’s another story.
The point is, in parts, India needs some sense beaten into it – partial emergency is what we need. On the spot corrective measures, whether it is politicians like these, or the rich and famous brothers who fight between themselves over a national asset, or the drivers on the roads who will drive on anything that even remotely resembles a road, flouting all traffic rules, it’s like a bunch of maniacs out there. What a lovely place it would be without these elements – what a lovely place it is despite these elements. So, coming back to the word partial – how about partial outsourcing. Let professionals bring in the expertise or the bandwidth to carry out special projects in the HR domain.
Many people are, call us to find out who we’re working with, and on what.
Before we leave you with the Newsletter, here’s a quick ‘welcome back’ to the King of the Track. This is what relationships are made of, putting everything on stake all over again – holds true for Ferrari and Schumacher alike. Go for it Schumi, set the track on fire once again…
And in the meantime, have a great month of August – keep smiling.
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