Bad customer centricity not only impacts the supplier, but the end customer. Every now and then, someone in an organization brings up customer centricity or sensitivity. This conversation invariably comes-up when there has been a negative customer advocacy, or a key account / customer churn or great sales year but lesser net adds etc. Or …
Bullying at work is a serious issue that harms both individuals and the entire organization. Bullying or harassment is putting someone in a situation of discomfort. It could be as harsh as torture or big torment that could create conflicts among employees and serious disciplinary issues in an organization. There are many types of bullying …
With the Nepali economy going through turbulent times, banks are grappling with multiple challenges at present. For over the past year, the shortage of investment-grade liquidity, which has seemingly eased for now, has been the biggest difficulty leading to hikes in borrowing rates and ultimately a sharp slowdown in most kinds of economic activities across …
‘Banks are not at fault for the increased interest rates’ Read More »
Unscrupulous microfinance companies driven by profit are causing fear and distress in rural areas of Nepal, with victims being coerced into selling their properties or resorting to suicide. the HRM Dil Kumari Karki, a resident of Rautahat, found herself in a difficult financial situation when she took a loan from a local loan shark at …
Are MFIs loan sharks or necessary financial institutions? Read More »
Changing the Investment Landscape In the second week of January, the logistics services provider Upaya received funding of Rs 60 million from Nepal Infrastructures Investment Fund Limited (NIIF). NIFF is a capital venture jointly promoted by Global Equity Fund (GEF), Prime Life Insurance, and Himalayan Everest Insurance. On December 20, 2022, Japan International Cooperation Agency …
According to NRB’s Economic Activities Report 2021/22, the average capacity utilization of industry nationwide in the last fiscal year was 52.8 percent, up from 52.2 percent in FY 2020/21. the HRM The protracted liquidity crisis, interest rate volatility, and rise in raw material costs have hit the country’s industrial output in the last fiscal year. …
Marginal Growth in Capacity Utilization of Industries Read More »
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 …
Economic Slowdown and Rising Cost of Funds Take a Toll on Banks’ Financial Performance Read More »
The consolidation in the insurance sector is in full swing as a series of merger agreements have been signed among both, life insurance and non-life insurance companies in the last one year. the HRM While the merger drive in the banking sector seems to be gradually settling down with the conclusion of some big mergers …
Merger Drive Gathers Momentum in Insurance Sector Read More »
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 …
Innovation Strategy: Need of Alignment With Business Strategy Read More »
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 …
