H umans rule this planet, yet managing its most superior beings is no easy task. While popular belief suggests that great leaders are born, another school of thought argues that nurture plays a stronger role than nature in shaping human potential. This creates a confusing paradox. From a marketing perspective, recruitment should prioritise a candidate’s…
1. UNPREDICTABLE IMPACTS OF REMOTE GLOBAL INCIDENTS: Suddenly we all became very familiar with The Strait of Hormuz which connects the Persian Gulf to the Indian Ocean through the Gulf of Oman and the Arabian Sea, much familiar like Trishuli River. The political showdown and subsequent tornado are so far away. Still, it is striking…
Introduction Nepal has abundant potential for hydropower generation owing to the availability of water resources and the country’s geographical terrain. At present, only around 4,120 MW of electricity is being generated in the country. A study conducted by the Water and Energy Commission has estimated Nepal’s electricity generation potential at 120,093 MW. Of this, 72,544…
BEYOND NUMBERS O ver the last decade, Nepal’s business and financial landscape has changed considerably; markets have expanded, regulations have become more structured, technology has transformed the way businesses operate, and customer expectations have evolved. The insurance industry has travelled through this transformation as well, growing not only in size but also in the way…
N epal’s banking sector has spent years building branches, digital platforms, risk systems and regulatory capabilities. But there is another infrastructure that may determine whether these investments generate sustainable performance, which is ‘people’. The sector employs about 50,000, of whom about 80% works in private banks and 20% in public banks. Women account for 40%…
BANKING SECTOR OF NEPAL BECOMING WOMEN-FRIENDLY Background: Nepal Rastra Bank (NRB) recently announced two major women- friendly decisions. First, through the 5th amendment to its internal Staff Regulations, NRB incorporated progressive provisions regarding maternity leave. Second, it published a “Draft Model Employee Regulations” on its official website to acquire public feedback, aiming to establish a…
T he post-COVID phase of marketing development in Nepal has been phenomenal. The tremendous growth of online business during the pandemic expanded extensively through the advancement of e-commerce and digital payments. Today, customers can access virtually every product and service across social media platforms, mobile applications, and websites. Businesses are increasingly launching promotional activities across…
M ost acknowledge that managing people and organisations well delivers stakeholder value. To do this, organisations must combine AI and human ingenuity, create agility that responds to uncertainty and change, attend to employee mental health challenges, and establish a high- performing culture. Transformation of the HR function helps to achieve these outcomes. out the strategy,…
THE GOVERNANCE CONUNDRUM G overnance, as a conceptual narrative, has been overworked and subjected to diverse, and often conflicting, interpretations for quite some time. Semantically, it may denote the orderly management of individuals, issues, and ideas, or thiti basalne, as we call it in Nepali, within an organised entity. It also refers to the design…
N ational Business Initiative (NBI) was founded in 2005, out of a conviction that Nepal’s business community had a stake in the society it operated within, not just the economy it profited from. Two decades on, that founding idea sits at the heart of a conversation the organisation has kept returning to: what corporate social…