Tuesday, August 2, 2011

Acid Test

There is every evidence of a slowdown in Indian Economy. The industrial output is down, sales have hit rock-bottom, rates are high, borrowing is suffering, growth forecast for year 2011-12 has been trimmed ... tough times ahead folks.



With the macro economic situation looking grim, the companies would have to dig their heels-deep and re-discover their core competencies. In such trying times 'people' become even more key to an organization's ability to do that better and keep doing it over and over again. The true test of engagement is now. No agency or a consultant would be required to judge the level of engagement in an organization, the response to this slowdown would itself tell.

Prophetic! Not so much... more commonsense.

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