Skip to main content

Does it matter who's President?

The current Indian Presidential nominee hullabaloo pretty much sums up why we're such a mess when it comes to economic progress. Shekhar Gupta of the Indian Express finds the whole thing fascinating and opines, politics and presidential office are natural bedfellows

Really? Wonder why I can't see it the way he does?. Wonder why I think the decision on our first citizen has zero impact on our lives as citizens? Wonder why our floundering growth and government failure on the economic front bothers me more?

Tell you the truth, socialist politics in India is the sole reason why we haven't progressed as a nation. The socialist nonsense we embraced since independence ensured the poor stayed poor, the jhollawallahs had a field day, and no one had an incentive to do anything productive. Much of that nonsense continues unabated. Pranabda on his part must be delirious with joy. After wrecking the economy as the Finance Minster he gets rewarded with a ceremonial post that'll make up for what he couldn't be, the Prime Minister of the country!

Way to go!

Socialist politics also was the sole reason why till the eighties we as consumers had to buy the lousiest of products, and crappy brands like the Amby. The reason why we have better products and brands today is because we were forced kicking and screaming to open up the economy, and usher in a bit of capitalism.

In a world where free market capitalism thrives, it doesn't matter who a company's CEO, MD, or BoD is, as much as how good they are at creating superior value for consumers! In a country that has its citizenry empowered, it really doesn't matter who the President or the Prime Minister is, as much as who can ensure that citizens continue to enjoy what is their god-given right, life, liberty, and the pursuit of happiness!


Popular posts from this blog

Situational Involvement of Consumers

There are two types of involvement that consumers have with products and services, Situational and Enduring. Situational involvement as the term suggests, occurs only in specificsituations whereas Enduring involvement is continuous and is more permanent in nature.

Decisions to buy umbrellas in India are driven by the onset of Indian monsoon. Monsoon rains arrived in India over the South Andaman Sea on May 10 and over the Kerala coast on May 28, three days ahead of schedule. But then, after a few days of rain, South India is witnessing a spate of dry weather. Temperatures are soaring in the north of India. The Umbrella companies in the state of Kerala are wishing for the skies to open up. So is the farming community and manufacturers of rural consumer products whose product sales depend totally on the farming community. The Met. department has deemed this dry spell as 'not unusual'.

India's monsoon rains have been static over the southern coast since last Tuesday because of a…

Prior Hypothesis Bias

Prior Hypothesis bias refers to the fact that decision makers who have strong prior beliefs about the relationship between two variables tend to make decisions on the basis of those beliefs, even when presented with the evidence that their beliefs are wrong. Moreover, they tend to use and seek information that is consistent with their prior beliefs, while ignoring information that contradicts these beliefs.

From a strategic perspective, a CEO who has a strong prior belief that a certain strategy makes sense might continue to pursue that strategy, despite evidence that it is inappropriate or failing.

Ref : Strategic Management : An Integrated Approach, 6e, Charles W L Hill, Gareth R Jones

Wearing Cuba means Walking Cuba

There's something ethereal about wearing 'Cuba'. Suddenly its the streets of Havana, smoke filled and lit by the groovin', more than the lights. The bars are packed to hilt and dreamy women seem to glide by. The feeling's beyond magical.

How did I get there?

Before I explain, I gotta tell you about the power of brands to take you places. Brands bring with them an ability to prompt you to conjure up the unreal. They can transform your reality into fantasy. And consumers are more than willing partners to brands as the drudgery they face in everyday life begs an injection of fantasy. Brands that operate in a zone of the unreal do the conjuring act as there's nothing else that consumers can call for, while making judgements. For instance, what should I be judging the lip paint on? Its colour and tone or its ability to turn me into a diva?

Cuba's a perfume. The moment I wear it, I am traipsing the streets of Havana. Its smoke filled bars I see. Its music I hear and…