KATHMANDU:For decades, we have cited geographical barriers — being land-locked between two giant economies — as an excuse for our lack of vision and ambition. Overlooking Nepal’s geo-strategic location as an opportunity rather than a geo-political handicap has pushed us decades behind. Though plagued with poor infra ... More
In the hiring process, every business does its best to make a good hire. Yet, sometimes a difficult one gets through. Regardless, making the best of the situation comes with the territory of management and under your responsibilities as manager. Here are some guidelines for managing the unmanageable:
KATHMANDU: Richard Lovelace, the 17th century English poet, wrote in To Althea, From Prison, “Stone walls do not a prison make, nor iron bars a cage.” Yes, our prisons are created not by stone walls, but by the limitations of our own thoughts. Why have we not been able to achieve what we have always dreamed of? Why are we living a li ... More
NEW DELHI: Swami Vivekananda had said, “Whatever you think, that you will be. If you think yourselves weak, weak you will be; if you think yourselves strong, strong you will be.” These words prove the power we hold in our hands about our own destiny. It is our thoughts, which guide our actions, mould our character and shape our desti ... More
KATHMANDU: Besides rewarding staffs for their achievements through promotions and performance incentives, work-life balance is of prime concern in creating a conducive work environment, believes Vivek Jha, general manager (GM) of the newly rebranded Nepal Life Insurance Company Limited (NLIC).
Having earned his CA degree from the Institu ... More
KATHMANDU: Democracy in Nepal is relatively young. But even in this short period, it has been attacked multiple times and restored with several changes. It has been defined and redefined with the ease of party politics or ideologies and in this process, has travelled from being Prajatantra to Janatantra and finally to Loktantra. More than t ... More
NEW DELHI: Most of us spend a major part of our working day at ‘work’. This includes the hours spent with the mental worries of work even when a person is not physically at work. Essentially most of us work to make our lives happier. While each of us is responsible for our own happiness, behaviour of the leader impacts employee happi ... More
Some stress is normal and even useful. Stress can help if you need to work hard or react quickly. For example, it can help you win a race or finish an important job on time.But if stress happens too often or lasts too long, it can have bad effects. It can be linked to headaches, an upset stomach, back pain, and trouble sleeping. It can weaken yo ... More
NEW DELHI: In today’s fast paced life, more and more people are finding solace in the teachings of spiritual gurus. At the same time, there are many who look at spirituality with apprehension and misgiving because the term spirituality is often interpreted as ‘religion’ and ‘something to do with God’ and theref ... More
KATHMANDU: About five years back a participant in a seminar on leadership development asked me, “What is the one most important thing that differentiates human beings from other creatures?” I did not expect such a question at the end of the programme and that too from a businessman. But it touched my heart and soul. I told him t ... More
KATHMANDU: Vijaya Bahadur Shah, who commenced his career in 1998 as a finance manager, is currently the CEO of NLG Insurance Company Limited. Armed with degrees in MBA and Chartered Account-ancy and having worked with renowned Nepali enterprises like Surya Nepal, Gorkha
Brewery and National Trust for Nature Conservation, Shah feels ... More
NEW DELHI: In the present information age the speed of learning has become one of the key differentiators for organisations and individuals in pursuit of knowledge. With vast and innumerable changes being the order of the day, people and organ-isations are under tremendous pressure to acquire new skills fast. ‘Business’ and ‘Bu ... More
KATHMANDU: The decision of the Dr Bhattarai-led government to grant Rs 20 million to Prakash Dahal, son of the president of Maoist Party, to climb Mount Everest raised a storm of derision from every nook and corner of the country. It was impossible to understand the logic behind the government’s move.
After persistent and universal ... More
KATHMANDU: Sir Edmund Hillary, a true hero of our time, once said, “You don’t have to be a fantastic hero to do certain things — to compete. You can be just an ordinary chap, sufficiently motivated to reach challenging goals.” Goal mapping is a systematic process of defining our goals and priorities, and creating a compel ... More
It is said that women have a unique approach to leading in the workplace and have a number of natural leadership skills. However, powerful women are stereotyped as being icy, tough, weak, emotional, single and lonely, and having a whole lot of other toxic conflicting attributes.
Yet for many of the women who reach the top, the reality is ... More
KATHMANDU: P R Mishra, chief executive officer (CEO) of Life Insurance Corp-oration (LIC) Nepal Ltd, feels that it is very important to have an overall understanding of all aspects of insurance and its operations to effectively give directions to subordinates and make strategic plans. “Everyone associated with the company — policy ho ... More
A great manager must have an extensive set of skills — from planning and delegation to communication and motivation. Delegating effectively
Effective managers recognise that by assigning work to the right people (not just those with the most time), and clearly outlining expectations, teams can accomplish much ... More
KATHMANDU: Education is considered one of the most import-ant tools for individual growth and development. One significant aspects of education is to equip people with necessary skills and knowledge to make them productive citizens by receiving or creating employment. It has also been recognised as a fundamental right and hence, the government h ... More
NEW DELHI: A few days back I had the good fortune of witnessing a spectacular scene. I was in another city and after finishing my work, had gone to a nearby park for my regular evening walk. As I walked back, enjoying the green and serene environment, I suddenly came upon a tennis court and was amazed to see a young man in his early 30s playing ... More
KATHMANDU: I came across a very interesting saying: “Do what you love and you will never have to work a single day in your life.” No other statement has influenced my work life as this one has. As time passed by and I explored my passion, talents and professions in many ways, I started realising its hidden meaning and this saying gro ... More
KATHMANDU: Gyanendra Prasad Dhungana, who took over the role of CEO of Nepal Bangladesh Bank (NB Bank) on January 1, 2012, claims to have strategies and plans to uplift the bank from its current position. The prime objective of NB Bank is to render banking services to sectors like manufacturing industries, traders, businessmen, priority sector, ... More
Being a manager is not an easy job; it requires extra skills, effort and most of all a strategic vision. Unfortunately not all managers come equipped with the skills needed to ensure their success in their positions. Here are a few skills you could develop to become a successful manager.
The difference between ... More
KATHMANDU: Subsidies in Nepal tend to come like festive news. Few months back, the current coalition government announced relief packages to farmers by making arrangements for sale and distribution of urea, phosphate and potassium at subsidised rates in order to ease supply of chemical fertilisers. Price subsidy on daily consumable products like ... More
KATHMANDU: Leadership in entrepreneurs is as important as the management skills in a CEO of a multi-national company. Problems trigger an entrepreneur and activate creativity. The problem solving creativity that reaps financial benefit is the first step in the entrepreneurial journey.
The death rate of new organ-isations worldwide points ... More
KLATHMANDU: When disasters strikes — manmade or natural — one wants to be able to rebuild afterwards. However, that cannot happen without preparation. There is risk in every endeavour and an entrepreneur may have mortgaged home or emptied life savings to start the business. To ensure that all the hard work is not negated by some unfo ... More