News: Indian firms can deal with slowdown: CEOs

Leadership

Indian firms can deal with slowdown: CEOs

According to a Mint report, Indian CEOs believe that Indian companies can deal with a sluggish economy amid volatility, uncertainty, complexity and ambiguity, or a so-called VUCA scenario. They expressed their views at the Navigating VUCA global chief executive officers (CEOs) conference organized by the Indian Society of Advertisers in Mumbai on Wednesday.

According to a Mint report, Indian CEOs believe that Indian companies can deal with a sluggish economy amid volatility, uncertainty, complexity and ambiguity, or a so-called VUCA scenario. They expressed their views at the Navigating VUCA global chief executive officers (CEOs) conference organized by the Indian Society of Advertisers in Mumbai on Wednesday.

The Mint report quotes Manu Anand, managing director of Cadbury India Ltd, as saying, “Companies should look at this as an opportunity and make selective bets, investments and emerge out stronger.” A slowdown can be used as an opportunity to cut flab, he added. “You can become leaner company as you come out of the downturn,” Anand said.

The term VUCA, introduced by the US military when the Cold War ended, best describes the current global situation, the executives agreed.

Read the complete report here

Read full story

Topics: Leadership, #ExpertViews, #National, #ChangeManagement

Did you find this story helpful?

Author


QUICK POLL

As a talent leader, which of these tools would help you navigate your Next Curve?

On News Stands Now
q_auto,f_auto/v1581046679/mag-february-2020.png

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

.

Subscribe
And Save 59%

Subscribe now

How likely are you to recommend our content to a friend or colleague?

01
10
Selected Score :