Workshop on “Simple ways to reduce transaction cost in Import –Export” on 24th February 2009 at CII Conference Hall
—MASSIVE AMOUNTS OF EDIBLE OIL AND OTHER COMMODITIES LYING AT THE INDIAN PORTS SINCE PRICES HAD FALLEN BY 50 %
—SIMILAR SCENES BEING SEEN AT OTHER LARGE IMPORTERS
—REDUCTION OF TRANSACTION COST-HOW TO PREVENT COMPLETE LOSS OF THE GOODS
—SALES PEOPLE WHO HAD SAVED FEW DOLLARS AND SENT GOODS IN SHIP TAKING LONGER ROUTE WERE BIGGEST LOSERS
Sunday, March 1, 2009
corporate security scenario india
¡ Mumbai blasts - Wake up call for the Indian industry …Leaders have rethink on corporate security policies .
¡ Industry decides to work with government on security and governance issues rather than dealing with it as another man’s subject.
¡Indian industry hit by global recession and by image of India as a soft target due to terrorist strikes and now with the Satyam episode as country lacking in good corporate governance policies apart from IP issues .
¡ New leadership strategies to overcome and move forward.
¡Foremost concern being safety and security.
¡ Industry decides to work with government on security and governance issues rather than dealing with it as another man’s subject.
¡Indian industry hit by global recession and by image of India as a soft target due to terrorist strikes and now with the Satyam episode as country lacking in good corporate governance policies apart from IP issues .
¡ New leadership strategies to overcome and move forward.
¡Foremost concern being safety and security.
leadership strategies in view of mumbai blasts
The Mumbai blasts have served as wake up call for the Indian industry leaders to have a rethink on there own corporate security policies .The incident has also led the industry to decide to work with government on security and governance issues rather than dealing with it as another man’s subject.
The Indian industry has been hit by global recession and by image of India as a soft target due to terrorist strikes and now with the Satyam episode as a country lacking in good corporate governance policies .
The question which arises is what are the new leadership strategies to be adopted to be able to overcome this bad patch and move forward. Foremost concern being safety and security.
Corporate participation in debate on security
Expressing shock over the terrorist attack in Mumbai claiming about 100 lives, Indian industry has demanded tougher laws along with ‘stronger and firmer’ leadership to tackle terrorism.
The industry leaders, including heads of the apex chambers, said that the country needs to be on a high alert since its institutions are becoming vulnerable to the terrorists’ attacks. Condemning the killer attacks in India’s financial capital, HDFC Chairman Deepak Parekh said: “Blasts are bad for investor confidence.”Demanding stringent laws to deal with terrorists, FICCI President Rajeev Chandrasekhar said: “It is time we all join this debate on terrorism and demand stronger and firmer leadership and approach to this threat of terrorism, including better laws.” He also said that the Indian business has so far been mute and very detached from this debate on terrorism and tougher approach to terrorism and terrorists, including anti-terror laws.
We need to study how Srilanka and Israel have been coping with continuous terrorist attacks and yet are able to develop their economy fairly well.
Strategically leaders guide the direction of the organization. Tactically they oversee projects and measure the effect of the organizations activity. At first glance the Leadership of a corporation is seen at the Executive and C-Level. The Executive sets strategy and the C-Level and middle managers set tactics to accomplish strategic goals. The efficacy and profitability of an organization is not merely determined by the vision of the executive and his or her capacity to communicate that vision to the crew. I believe the real value is in the tactical leaders within an organization and this could mean middle management right down to line personnel. I guess I am looking at an effective corporation and effective leadership in military terms which is by no means strange. What I believe Leaders do is properly facilitate their subordinates and gives them the tools and opportunities to achieve. Leaders point the way and then GET OUT OF THE WAY! Leaders recognize the qualities of their employees and will not try to micromanage their employees. Leaders who micromanage show that they have no confidence in their employeeʼs ability to accomplish the task set for them. Again, take a military unit, strategic goals are put forth by the executive, C-Level and middle management figure out how to achieve those goals and set forth tactics, NCO's and line personnel do it. Ideally that is how it should work. Leaders will not only set Strategic Goals, as in the case of Executive Level, or Tactical Goals, as with C-Level and middle management, Leaders also inspire and influence. Leadership can and should exist and be promoted within all levels of any organization. However, beware of the PETER PRINCIPLE whereas a person whom achieves professionally in his or her role will be promoted until they reach a role they cannot perform. Leaders are both hard to find and everywhere. Leaders get others to FOLLOW THEM because they have confidence in their acumen or abilities. A person in a leadership position that cannot inspire others to follow is not a Leader.. One solution is to focus on de-centralized leadership. The value of de-centralized leadership is born out in the ability of an organization to respond quickly to changes of environment. This is necessary in an environment that is subject to drastic change i.e. under the threat of terrorist attack. Top down leadership while valuable in the communicating the direction and raison d’être of any organization cannot possibly respond to changes that occur at the line level. In the world today Leadership at all levels of an organization is necessary not only as a business prerogative but in the case of terrorist threat may be a life saving prerogative. Every organization should be doing a continuous Risk Assessment cycle and have plans to preserve business continuity in the case of crisis. These plans will of course be communicated to all leadership levels of an organization and from there to the appropriate personnel.Fostering proper Leadership at the line level will result in situational awareness not possible at the C-Level. Situational Awarness in these times is not only a valuable commodity but may make the difference between the collapse and survival of an organization.(I recommend reading about John Boyd's OODA Loop as well)
Important is to learn from disasters.
The NYPD is examining ways to shut down cell phone calls in and around future hostage-taking scenarios without also shutting down the communications devices of the police trying to rescue them.
Cell phones were simple tools used to deadly effect in the Mumbai terror attacks.According to phone transcripts, the attackers received instructions and real-time updates about the officers amassing against them. Some of the phones they used for the calls apparently were taken from hostages.The November siege showed that well-trained assailants with simple weaponry can cause massive casualties."I think we can expect that groups will look to that as a model for themselves," "We sometimes focus on tactics that may be exotic and esoteric ... but for most terrorists, they're looking for what works." I believe, is the kind of thing that can be conducted against soft targets around the world."As much as governments worry about chemical, biological or radiologic attacks, what happened in India may encourage terrorists to launch low-tech violence."This kind of attack, I think we have to be prepared for it and be prepared for soft targets to be attacked," he said.
We need to run government like a corporate, recruit the best people, deploy best technology have best processes in place. Enable a certain section of police force to deal with such kind of situation, provide them all the gadgets and machinery
Achieving double digit growth is a challenge no doubt but if taken up with right leadership strategies will definitely lead to success.
Firoze Zia Hussain
00919910333249
firoze.hussain@gmail.com
former superintendent of police pondicherry
corporate security professional
The Indian industry has been hit by global recession and by image of India as a soft target due to terrorist strikes and now with the Satyam episode as a country lacking in good corporate governance policies .
The question which arises is what are the new leadership strategies to be adopted to be able to overcome this bad patch and move forward. Foremost concern being safety and security.
Corporate participation in debate on security
Expressing shock over the terrorist attack in Mumbai claiming about 100 lives, Indian industry has demanded tougher laws along with ‘stronger and firmer’ leadership to tackle terrorism.
The industry leaders, including heads of the apex chambers, said that the country needs to be on a high alert since its institutions are becoming vulnerable to the terrorists’ attacks. Condemning the killer attacks in India’s financial capital, HDFC Chairman Deepak Parekh said: “Blasts are bad for investor confidence.”Demanding stringent laws to deal with terrorists, FICCI President Rajeev Chandrasekhar said: “It is time we all join this debate on terrorism and demand stronger and firmer leadership and approach to this threat of terrorism, including better laws.” He also said that the Indian business has so far been mute and very detached from this debate on terrorism and tougher approach to terrorism and terrorists, including anti-terror laws.
We need to study how Srilanka and Israel have been coping with continuous terrorist attacks and yet are able to develop their economy fairly well.
Strategically leaders guide the direction of the organization. Tactically they oversee projects and measure the effect of the organizations activity. At first glance the Leadership of a corporation is seen at the Executive and C-Level. The Executive sets strategy and the C-Level and middle managers set tactics to accomplish strategic goals. The efficacy and profitability of an organization is not merely determined by the vision of the executive and his or her capacity to communicate that vision to the crew. I believe the real value is in the tactical leaders within an organization and this could mean middle management right down to line personnel. I guess I am looking at an effective corporation and effective leadership in military terms which is by no means strange. What I believe Leaders do is properly facilitate their subordinates and gives them the tools and opportunities to achieve. Leaders point the way and then GET OUT OF THE WAY! Leaders recognize the qualities of their employees and will not try to micromanage their employees. Leaders who micromanage show that they have no confidence in their employeeʼs ability to accomplish the task set for them. Again, take a military unit, strategic goals are put forth by the executive, C-Level and middle management figure out how to achieve those goals and set forth tactics, NCO's and line personnel do it. Ideally that is how it should work. Leaders will not only set Strategic Goals, as in the case of Executive Level, or Tactical Goals, as with C-Level and middle management, Leaders also inspire and influence. Leadership can and should exist and be promoted within all levels of any organization. However, beware of the PETER PRINCIPLE whereas a person whom achieves professionally in his or her role will be promoted until they reach a role they cannot perform. Leaders are both hard to find and everywhere. Leaders get others to FOLLOW THEM because they have confidence in their acumen or abilities. A person in a leadership position that cannot inspire others to follow is not a Leader.. One solution is to focus on de-centralized leadership. The value of de-centralized leadership is born out in the ability of an organization to respond quickly to changes of environment. This is necessary in an environment that is subject to drastic change i.e. under the threat of terrorist attack. Top down leadership while valuable in the communicating the direction and raison d’être of any organization cannot possibly respond to changes that occur at the line level. In the world today Leadership at all levels of an organization is necessary not only as a business prerogative but in the case of terrorist threat may be a life saving prerogative. Every organization should be doing a continuous Risk Assessment cycle and have plans to preserve business continuity in the case of crisis. These plans will of course be communicated to all leadership levels of an organization and from there to the appropriate personnel.Fostering proper Leadership at the line level will result in situational awareness not possible at the C-Level. Situational Awarness in these times is not only a valuable commodity but may make the difference between the collapse and survival of an organization.(I recommend reading about John Boyd's OODA Loop as well)
Important is to learn from disasters.
The NYPD is examining ways to shut down cell phone calls in and around future hostage-taking scenarios without also shutting down the communications devices of the police trying to rescue them.
Cell phones were simple tools used to deadly effect in the Mumbai terror attacks.According to phone transcripts, the attackers received instructions and real-time updates about the officers amassing against them. Some of the phones they used for the calls apparently were taken from hostages.The November siege showed that well-trained assailants with simple weaponry can cause massive casualties."I think we can expect that groups will look to that as a model for themselves," "We sometimes focus on tactics that may be exotic and esoteric ... but for most terrorists, they're looking for what works." I believe, is the kind of thing that can be conducted against soft targets around the world."As much as governments worry about chemical, biological or radiologic attacks, what happened in India may encourage terrorists to launch low-tech violence."This kind of attack, I think we have to be prepared for it and be prepared for soft targets to be attacked," he said.
We need to run government like a corporate, recruit the best people, deploy best technology have best processes in place. Enable a certain section of police force to deal with such kind of situation, provide them all the gadgets and machinery
Achieving double digit growth is a challenge no doubt but if taken up with right leadership strategies will definitely lead to success.
Firoze Zia Hussain
00919910333249
firoze.hussain@gmail.com
former superintendent of police pondicherry
corporate security professional
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