Author
The writer was Chief Commissioner of Income-tax and is the author of the Moral Compass- Finding Balance and Purpose in an Imperfect World, Harper Collins India, 2022
Both Tandon as well as Ganguly would agree with Peter Drucker that because of the complex nature of decision-making in modern organisations – irrespective of whether they are governmental, semi- governmental or private – the person helming them has to be good listener. Besides, he needs good inter-personal and conceptual skills and needs to believe in team work says Hardayal Singh
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There are not that many people who can do this: good organisations, therefore, need to spend a lot of time in succession planning
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The book could be bench-marked against the account of Prakash Tandon, another eminent HUL CEO of an earlier generation, whose trilogy—the Punjabi Saga, comprising Punjabi Century, Beyond Punjab, and Return to Punjab (Rupa and Co 2001)—has become a literary classic in its own right
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The leader devises a strategy and monitors its implementation, and ensures effective communication with all stakeholders
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Subsidies should never be based on populist considerations but on well-considered social cost-benefit analyses
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In a market-driven economy, which we embraced after the reforms of the 1990s, this is justifiable only as a last resort when markets cannot deliver desired outcomes and all other solutions fail
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