Proprietor and partners or captain and team members?

My friend and colleague Balwinder Singh has authored a very stimulating article in LinkedIn titled “Proprietor and partners of progress – a view in corporate world”. He has very deftly used the connotation of proprietor for the corporate CEO responsible for running the show and that of partners for the workforce.

In the past, we were quite used to hearing the words “Lala’s company” for companies/ businesses run by promoters themselves doubling up as the CEO. Here as the promoter had his own money invested in the venture, he preferred centralisation of decision making, with others merely executing the strategy. Although, the companies promoted by such promoters were at times very large with multiple units and products, they still remained Lala companies.

However, as times changed and things became more competitive, these family run companies felt the need to professionalise. While retaining the financial control, several next generation family members felt the need to bring in professionals in key positions, including CEO, CFO and CCO. As these professionals desired to run the company in their own way, free hand was given to them.

The above mentioned professionals such as Pawan Goenka of M&M, Salil Parekh of Infosys, CP Gurnani of Tech Mahindra, Abid Neemuchwala of WIPRO or for that matter N Chandrasekaran of TATA are all powerful non-promoters who call shots in their respective organisations, but still cannot be called Proprietors in the sense used in Balwinder’s article. Even for that matter institutionally and widely held companies that have very strong professionals CEOs , cannot claim that these are like proprietors for a very strong oversight on them by their own boards and regulator.

Payouts to CEOs, especially in terms of the multiple of mean salary within the organisation, has been a matter debated since long, but ultimately in a free market, everything gets rightly priced by the dynamic market forces.

This blog is not a contrarian view of Balwinder’s brilliant article; it just tries to play devil’s advocate to explore other aspect of why even the most powerful professional CEOs may still fall short of being a ” Proprietor” in the sense used by my friend or in the parlance of “Lala companies” mostly of yore!

What companies probably need is a leader who is visionary, strategist, go getter, aggressive, hands on, progressive, ambition, expansionist, large hearted and compassionate ! At what price such a CEO comes then becomes immaterial and workforce feels inspired to give its best under such a leader!

Dharmayudh

I had come across this post a few days ago and this attracted my attention once more when someone sent it again to me yesterday. It reads:

It beautifully captures the essence of the impact of modern technology on our lives. The post assumed an added significance for me as I added the following line to it:

When cancer was just a sun sign and not a life threatening ailment. This immediately touched the chords of the heart of my family that’s undergoing trauma as my brother-in-law is currently undergoing treatment for metastatic lymphoma.

However, the post is not being written to share personal agony with the readers but to highlight how the technology is converting real tigers into paper tigers or more appropriately “Twitter tigers”. While India and Pakistan are currently undergoing a renewed round of animosity following the abrogation of Articles 370 and 35(a) by India and the borders are very tense with the two forces regularly exchanging fires and causing casualties on each other’s camps, on Twitter it’s a full fledged war! Doctored video posts, extremely vulgar language, discourtesy to each other’s heroes and icons – it’s all happening on Twitter. It seems that war is a game that children play and nuclear warfare should be used to obliterate the enemy. It was all along said that the war mongering between India and Pakistan was more of a political matter and that the citizenry of the two countries had much of the love for each other- including each other’s arts and artists! But whosoever said that technology has brought the mankind closer couldn’t have been more wrong if the current mood on the Twitter is an indication! It’s causing an unbridgeable chasm between the people of two neighbours. Whether political debates on tv news channels or conversations on social media, especially Twitter, it seems the days of constructive, reasoned, logical and intelligent interactions are permanently over and while armies may not fight today or tomorrow, war on tv and Twitter is already a full fledged battle!

India, being a super power and believer in the philosophy of Dharmayudh, fighting only the war based on principles, need not take cognisance of this frustration filled reaction of a few rabid fanatics. Let us continue to spread the message of peace and love that comes so naturally to us being the land of Rama, Krishna, Mahavir, Buddha, Sufi saints and Mother Teresa. If war is imposed on us, we have enough might to win any Dharmayudh.

Independence Day greetings from Israel

Israel, the state of Israel’s official Twitter handle has wished India on its 73rd Independence Day in 4 languages- English, Hindi, Kannada and Marathi. It has gladdened the hearts of Indians.

Israel is a unique country in more than one sense. The only Jewish state in the world, it’s surrounded by Lebanon, Syria, Egypt, Jordan and Palestinian Territories of West Bank and Gaza Strip. It perpetually lives on the edge due to prolonged territorial dispute with Arab world. While the state was created out of delineation of Palestine with the consent of the Arab world, they refused to recognise its existence. Israel in turn forcibly occupied Palestinian Territories of Gaza Strip, West Bank and Golan Heights. The survival of the state of Israel in the midst of hostile Arab states is the stuff folklores are made of ! Of course, sustained and open support by US and Camp David agreement with Egypt brokered by US helped Israel no end to channelise its resources towards development. Today, it’s a superpower, very superior in technology, exporter of modern ammunition and has a very very strong military intelligence.

It has enjoyed good relations with India all along and openly supported India’s stand on various issues. In contrast, due to its own good relations with Arab world, India has been rather careful and discreet. But there’s no doubt that active cooperation between the two superpowers is absolutely critical to peace and stability, with several unstable nations surrounding both the countries.

Long live Indo-Israel friendship!

Success or failure- Trying is important

Girte hain sheh-sawaar hi maidaan-e-jang mein

woh tifl kya gire ga jo ghutnon ke bal chale

The above popular piece of Urdu poetry can be aptly summed up as, ” only those who try fail; weaklings can only crawl.” The above piece came to my mind while thinking about Modi 2.0 Government. It picked up pace in the very first few days of assuming power by presenting a budget (not too market friendly but aimed at inclusiveness), passing the bill making triple talaq illegal and above all abrogation of Articles 370 and 35 (a).

India being a democratic free state, there are views in favour of and against these acts by Government – budget, triple talaq and 370/35(a). However, you may love Modi 2.0 or hate, you cannot accuse it of inaction. The man at the helm has shown exemplary courage and grit in taking these tough decisions that previous governments kept in abeyance. He may fail in some and win a few, but you cannot blame him for not doing anything!

Let me tell his detractors- Modi offers the best hope for solving all long standing disputes – territorial issues with Pakistan and China, water dispute between states and Babri Masjid-Ramjanmabhoomi dispute. He has the will, courage and above all the support of millions of common Indian citizens, who do not measure their well being on Sensex or automobile industry recession but on actions by the Government that have the potential of addressing long term structural changes.

In contrast, the major opposition party has managed to elect interim President by bringing back Sonia, making noise against the good deeds by Government that did not resonate anywhere else and set a new record by abstinence of its senior leaders at Independence Day function.

My request to Modi 2.0 is to act firmly against the anti social elements- mob lynchers, child molesters, hate mongers, economic offenders and other law breakers in general. Since taking over PM has made all the right noises – inclusiveness, population control, equality etc. Let’s hope he builds New India with development, growth, tolerance and environment as the main agendas ; a country bereft of age old problems !

Independence Day, Rakshabandhan and Kashmir

This Independence Day is unique as it coincides with Rakshabandhan, festival of love, affection, sacrifice and reaffirmation of faith in relationships. The day also becomes extra special as we celebrate inclusion of Kashmir into mainstream India, requiring spreading of love and affection to Kashmiris on becoming inseparable part of Indian federalism.

The story of Independence is rather straightforward to be summed up as freedom from 200 years of oppressive British rule albeit with partition of the country into India and Pakistan, with Kashmir’s accession happening subsequently albeit that too with partition between Kashmir and POK. This story of accession of Kashmir has been discussed in one of my earlier blogs. However, the story of Rakshabandhan, the festival of relationships and affection marked by tying thread of love, Rakhi, by sisters on the wrists of their brothers, is more complex as written in lores. According to the most ancient lore, Uttara Parva of the Bhavishya Purana, Lord Krishna describes to Yudhishthira the ritual of having a raksha (protection) tied to his right wrist by the royal priest (the rajpurohit) on the purnima (full moon day) of the Hindu lunar calendar month of Shravana). In the crucial passage, Lord Krishna says, Parth (Yudhishthira): When the sky is covered with clouds, and the earth dark with new, tender, grass, in that very Shravana month’s full moon day, at the time of sunrise, according to remembered convention, a Brahmin should take a bath with perfectly pure water. That very day, in the early afternoon (between noon and 3 PM) it is commended that a small parcel (bundle or packet) be prepared from a new cotton or silk cloth and adorned with whole grains of rice or barley, small mustard seeds, and red ocher powder, and made exceedingly wondrous, be placed in a suitable dish or receptacle. … the purohit should bind this packet on the king’s wrist with the words,’I am binding raksha (protection) to you with the same true words with which I bound Mahabali King of the Asuras. Always stay firm in resolve.’

However, apart from the above there are several other folklores behind this festival of affection and respect between brothers and sisters. And today when this festival falls on the Independence Day, what better gesture can a grateful nation display other than tying Rakhi, the thread of love and affection on the wrists of its soldiers, the protectors of this nation, who are facing the enemy and the disguised enemy day in day out. The stories of their martyrdom for the sake of our country and citizens give us goose bumps. Whatever we have been able to do today – Balakot, Abhinandan’s return, abrogation of Articles 370 and 35 (a), strong independent stand on Kashmir aftermath the aforesaid act of abrogation are all due to the might and courage of our protectors! May on this Independence Day, when free India turns 72, our protectors accept our gratitude in the form of Rakhi and may this country of saints, sufis and great personalities always holds its head high, with an unfurled tricolour flying higher than any other flag in this world!

Happy Independence Day and Rakshabandhan.

Eid Al Adha and Kashmir

Ibrahim (Abraham) took it upon himself to face the command of God to sacrifice his dearest possession, his son. During his preparation to do so, shaitan (the devil) tried to dissuade Ibrahim and his family, but the devil was driven away by throwing pebbles at him ( another ritual performed during Hadj). When Ibrahim attempted to cut the throat of his son on Mount Arafat, he was astonished to see his son unharmed and instead, an animal slaughtered. Thus Ibrahim passed the test by his willingness to surrender to God’s command.

Hope this great festival that’s an embodiment of selflessness and sacrifice, brings peace upon the entire humanity, our country and especially Kashmir that has suffered as a result of years of strife and restlessness. The inclusiveness of Indian culture that’s replete with the examples of people from all over making India their permanent home, should also be extended to our Kashmiri brethren. Abrogation of Articles 370 and 35(a) is not a victory or defeat of certain sections of society, but first step towards assimilating Kashmiris into Indian mainstream and making them reap fruits of India’s growth story. Kashmiris also should not feel any sense of insecurity as it’s not as if the entire country is rushing to Kashmir to set up business there or own real estate and disturb the demography. These fears have been found to be untrue in most of the cases as opening up largely brings in prosperity and very few ills.

There cannot be a better occasion to share love and empathy with the people of Kashmir than wishing them a happy, prosperous and peaceful Eid. If they accept, we can all start planning our next vacation to be spent in this paradise on earth, as tourism is Kashmir’s mainstay and restoration of tourist traffic is a sure shot boost to Kashmir’s economic prosperity.

Happy Eid Al Adha to all my readers.

Kashmir – Facts and fiction

There’s a popular news channel whose anchor’s staple line, “the nation wants to know”, caught the imagination of the nation, till the boisterousness and noise of this channel was replicated by almost all other news channels and the novelty wore off. But a nation that boasts of a fiercely independent media, especially press, it beats me as to why the issues don’t get discussed and clarified on merits ? Why important issues concerning the nation get lost in rabble rousing and unnecessary political/philosophical alignments? Why each issue has either a BJP or a Congress view point and not a National view point?

If congress is seen opposing, does it imply that they preferred continuance of Articles 370 and 35(a). Don’t think so! Congress is opposing because what it couldn’t do in 70 years , could be done by a Government in its second term only! Congress is just opposed to the manner in which this abrogation of these articles has been brought about and not to the very philosophy behind it. I think same is true for some other political parties opposing this action.

In spite of fact that this year we are celebrating 73rd Independence Day and that Indian electorate has matured over all these years, we continue to feel the need for appeasement of vote banks. BJP feels that this act could appease right wing ideology as furthering the cause of hindutva, while opposition parties feel that by supporting this act they may lose favour with minorities, especially Muslims! It’s most unfortunate that a great move towards integration of Kashmir into Indian mainstream is being looked at as a narrow political agenda rather than a national agenda! Why do we still presume that Muslims are not happy with this act by BJP Government? By this presumption, we are alienating majority of Muslims outside Kashmir from this important issue of national importance. In the process we are polarising communities also.

I have come across some interesting historical facts about the genesis of Kashmir issue. That Articles 370 and 35(b) were not the part of original accession document signed by Maharajah Hari Singh, but agreed later on through a pact between Shaikh Abdullah and Nehru. That fleeing Kabailis and Pakistani forces could have been thrown completely out of Kashmir leading to the accession of the entire Kashmir with India, instead of POK and IOK! But my view is that placing ourselves today in the shoes of Nehru is impossible and therefore instead of painting him as villain, let’s live with the history as it is and instead see the facts on their current merits! After all it’s not only India’s or Kashmir’s history but the histories of world around that are replete with errors, blunders, indecisions, wrong decisions, ifs and buts and there’s no point in panning these historical characters and murdering their characters as some of these have done several other good deeds earning them the status of national icons! Nehru is definitely a national icon, maligning whom post his demise is futile for he would not be able to explain his view now.

Let’s now spread love and compassion instead of claiming victory, downing people with other perspectives and painting social media with hatred and expletives.

Kashmir- Articles 370 and 35 (a)

An issue as big as the captioned matter deserves more than one blog. In this blog, I am just giving some random thoughts:

(1) When it comes to the position of India on the International forum or its prestige, we should keep aside our political differences and project one face. Certain political parties have needlessly taken a contrary position, though thanks to a very strong government, the damage caused has been arrested to being minimum. Some of these parties and their representatives will have to stand the test of scrutiny for their myopic stance till eternity.

(2) What has changed for Pakistan that it is behaving like having an internal emergency or a serious international crisis affecting it? India was neither offering Kashmir to it earlier nor is it going to do now! How internal restructuring of states impacts our neighbour is beyond comprehension?

(3) I read somewhere that eminent and respected journalist Shobha Dey has belittled the issue by asking Amit Shah to fix traffic problem in a certain area of Mumbai now that Kashmir issue is fixed! It only belittles her own reputation in the eyes of her thousands of admirers and readers!

(4) While I am sure that Governments of India and Pakistan and their armies have enough sagacity to decide when to start a war and use nukes, if the conversations on Twitter are to be perused and believed, the war seems to have already started with at least one of the countries going to get obliterated from the world map. In fact one Pakistani twitterati has even gone to the extent of saying that while the use of nukes will destroy both the countries, Muslim race will survive as this race exists in several countries. On the contrary Hindus exist only in India and obliteration of India would mean extermination of Hindu race from this world! Very imaginative I must confess!

(5) People are largely happy; this includes people of Jammu as well as Ladakh. But what’s in it for Kashmiris? It’s incumbent upon all of us, the people of India to ensure that we welcome them into the mainstream with open arms rather than playing it as victory and defeat! This also need not be compared to efflux of Kashmiri Pandits, which is now being sought to be neutralised through influx of non- Kashmiris into Kashmir! We should not forget that all the states resist too much influx of outsiders, especially if it impacts job prospects and Kashmiris need not be treated differently. Let the Government and industrialists and entrepreneurs create new infrastructure, skills and jobs leading to the overall economic prosperity of Kashmiris!

(6) Government should not play to the gallery by raising the issues of POK and Aksai Chin at this stage! As aforesaid, on ground nothing has changed for either of India, Pakistan and China and while we must ask all third parties not to poke their noses into India’s internal matter, passions of public should not be aroused by fanning such sentiments!

(7) Though I am no expert on international diplomacy and I am sure Government’s PRO machinery must have been galvanised, we must veer the world’s opinion around this fact that a historical wrong has been set right and that we have no other evil design behind this! Pakistan is playing Islamic card and Trump’s unpredictability we all know!

It’s a big moment but the matter deserves to be handled with utmost care and sensitivity. Secondly, it’s for the people of the two countries to build bridges rather than demeaning each other and flexing nuclear muscles! Let’s see how the “heaven on the earth” that’s God’s own creation Kashmir is, can be made a true heaven to be enjoyed in one’s lifetime and not after!

Let the heaven on earth be a real heaven for all

J&K is currently cut off as Government has promulgated section 144 there and internet has been disabled. Also, most of the prominent leaders have been placed under house arrest. Under the circumstances, it’s difficult to gauge the mood there aftermath abrogation of Article 370 following the ordinance approved by President. However, going by the social media, the mood of the country appears to be euphoric as at last complete integration of the state into Republic of India has been made possible.

I am no political commentator or a historian of great eminence to judge merits or demerits of this. Integration of princely states into sovereign India was itself a big challenge and J&K has been a vexed issue since independence. Apart from the cross border fuelled dissidence ( which was a precursor to full fledged militancy for the last 20 years or so), the situation in the “heaven on the earth” has remained quite hellish! Repeated elected governments have not been able to complete their tenors and the state has largely remained under Central rule.

As peaceful gestures, development agenda of the state and all the efforts to bring the state and its people into the mainstream didn’t work, a strong Government with a strong people’s mandate had to have gumption to take this step and Modi 2 has bitten the bullet.

We will have to await the reaction of the world at large and Pakistan in particular. We also have to await reaction in Kashmir. But how does it matter to a sovereign and powerful state like India? As a generalist, I can only say that if India is one country, no part of India should enjoy any special status and Indians must have the liberty of living, buying property or doing business in any of its states – of course, this action reduces number of states by 1 and increases UTs by 2. Let’s embrace Kashmiris by providing jobs to the youth, up-skilling them for their economic progress and applying salve on their wounds ! If last 20 years were filled with strife, let next 20 years be filled with love so as to emotionally amalgamate Kashmir into ourselves now that physical and constitutional amalgamation is complete!

Stop worrying start living

Had another occasion of listening to discourse by the Head Priest of ISKCON, Juhu His Grace Swami Ramkrupa Prabhuji.

Addressing the congregation in his inimitable, humour laden but deeply effective style, he says that one of biggest evils of the modern days affecting mankind is worry. He uses beautiful context of the Internet acronym www by saying that a student worries about www i.e writing writing written ( test papers, assignments, projects) that converts into wealth wealth wealth in young age before becoming worry worry worry in the old age for all the time wasted! He adds that hurry ( young age), worry (middle age) and sorry (old age) can be overcome if we bring Hari (the lord) in our lives. Research has proven that 60% of the incidents we worry are not worth worrying and in real life only 8% events should cause us to worry!

He cites a beautiful example of a leaking boat, that requires someone to constantly drain water using a bucket as worry enters us in a similar fashion through a hole in our minds that needs to be plugged. Another example he gives is of a brick, which is very easy to lift for a few minutes, but becomes increasingly weighty and burdensome if held in hand for a prolonged period. Similarly, a small worry if clung on to for a long period can become a big mental problem affecting the very survival. He says that the main cause of worry is gap between the expectation and reality.

Thereafter, he also crisply provides the solution to get over the worries:

(1) Mind the mind. Our mind has the power to make a mountain out of molehill or vice versa as far as our problems and worries are concerned.

(2) Power of interaction, participation and non-intervention are three powerful tools as these help us clear our mind and thoughts.

(3) Chant the name of the lord. He cites some beautiful examples of how worry leads to depression and depression leads to suicidal tendencies. But all this could be overcome if the company of the lord is solicited.

Like always, he ends his discourse with the simple yet holy chant:

Hare Krsna Hare Krsna Krsna Krsna Hare Hare

Hare Rama Hare Rama Rama Rama Hare Hare

This discourse by Swamiji coming immediately aftermath the tragic suicide by CCD owner V G Siddhartha couldn’t have been timed more appropriately. I place on record thanks to the hosts Vidhi and Sushil and heartfelt gratitude to Swamiji for liberating the audience from worries and teaching them the art to live life!