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Month: February 2023

Economic Slowdown and Rising Cost of Funds Take a Toll on Banks’ Financial Performance

Report / 3 Comments

As non-performing loans (NPLs) surge, commercial banks’ profit decline in the first half of FY 2022/23 the HRM The Nepali banking sector is currently going through a critical period with consolidation on one hand, and rising non-performing loans (NPLs) coupled with falling profits on the other hand. Three mergers and one acquisition over the last …

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Innovation Strategy: Need of Alignment With Business Strategy

Opinion / 3 Comments

The meaning of ‘entrepreneurship’ is not limited to ‘starting a new venture’, it is also about innovatively solving the problem and/or adding value in the market space. While we see and experience a fair share of innovations in startups and entrepreneurial ecosystems, the same is not quite evident in the world of established corporates and …

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Goals to the Rescue of Strategy Implementation

Strategy, Culture & Leadership / 5 Comments

There is a lot in an organization that can follow a ‘design once and deploy several times’ approach. Right horizontal and vertical structure of goals is one such thing. Strategy building is an art. It takes capability, information, tools, analysis, decision making and finally the courage to commit yourself and the organization’s skin in the …

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Making Merger a Success

Opinion / 3 Comments

A successful merger requires the active participation and cooperation of all stakeholders. Mergers are no mean feat, they are entered into after much deliberation, due diligence and change management endeavors from an organization and workforce perspective. Yet people in those organizations at times feel disconnected on account of the “cultural clash”. Several aspects may affect …

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“The issue of climate change has not been fully integrated into the country’s overall development policy”

Interview / 413 Comments

For a country like Nepal, the global climate has emerged as one of the biggest threats. While the Himalayan nation’s contribution to the worldwide greenhouse gas emission is negligible, the country finds itself surrounded by a number of global warming-induced challenges. Saurav Dhakal is an entrepreneur and a climate activist whose focus has been on …

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Insurance is very rewarding and young and agile people are heartily welcomed in the sector

My First Job / 350 Comments

Suresh Prasad Khatri is an established name in the insurance business in Nepal who has over two and half decades of experience in the sector. He is the CEO of National Life Insurance Company Limited since May 17, 2021. Prior to his appointment in the post, he was Deputy CEO of the company. Khatri, who …

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Being an employee-oriented company, we have been focusing highly on training and development

Managing People / 368 Comments

Starting as a store-and-forward email service over a dial-up link in 1995, WorldLink Communications Limited is now the largest internet service provider (ISP) in Nepal. With over 500,000 internet subscribers and over 10,000 enterprise circuits across 68 districts of the country, the company has been providing a wide range of internet and network services to …

Being an employee-oriented company, we have been focusing highly on training and development Read More »

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