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 …
Cross-training opts to teach you more than your area of scope. Learning is a continuous process that everyone must embrace for their growth. Training and cross-training help us to enhance our knowledge or to gain more knowledge of different skills. When we are saying training is important to keep ourselves updated, learn new stuff, and …
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 …
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 …
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 …
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 …
Times are challenging for industrialists in Nepal. The economy is going through a recession, which is probably the deepest in living memory. The business sector is faced with a number of problems including persistently high borrowing rates, a shortage of loanable funds in the banking system and depressed market demand. Umesh Lal Shrestha is an …
The government needs to realize that SMEs are the backbone of the economy Read More »
What needs to be done to bring the economy back from the brink? On January 31, the Ministry of Finance decided to cut the funds allocated under various headings under the recurrent expenditure. The ministry has also frozen the remaining funds allocated for the current fiscal year under 14 budgetary headings. On February 3, the …
Paddy Production Projected to Increase by 7 percent Nepali farmers are expected to harvest 5.48 million tons of paddy this fiscal year, up 7 percent from 5.13 million tons last year. It has been estimated that the paddy harvest will produce around 3.52 million tonnes of rice after milling. Nepal requires 4 million tonnes of …
