opinion

The Six Strategic Verticals to Gear up Automobile Business Excellence in Nepal from a Management Perspective

Introduction: Nepal is an evolving nation in the automobile industry, where new technologies are emerging and consumer preferences are shifting. In this changing scenario, every company aspires to lead its segment in both market presence and profitability. However, financial growth is merely an outcome; it is not the foundation. The automobile distribution chain in Nepal …

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Can Nepal Learn from India’s Demonetisation Experience?

Executive summary An idea to ban currency notes of Rs. 500 and Rs. 1,000 denominations does make for big headlines, but implementation is a different story. Replacing a country’s currency is a long, costly, and risk-sensitive operation. Nepal’s central bank would have to design new notes, hire foreign printers, import millions of notes securely, and …

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Our motto is to strengthen our business for generations to come

Laxman Neupane is the Chairperson of the Siddhartha Business Group of Hospitality. Having entered entrepreneurship in the late 1990s, he has since built the Siddhartha Business Group of Hospitality into an empire encompassing 33 enterprises. Currently, the group has a total of 26 establishments, which include hotels, restaurants, and banquet services. Beyond hospitality, the group …

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Private Sector Engagement – Key to sustainable development initiatives

My initial career started with the private sector, first with Anderson Consulting in the USA as change management consultant and later in a premiere financial institution in Nepal. The experiences in these institutions have guided my professional journey and commitment to date. After almost a decade I ventured into the development arena through consulting assignments …

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Happy Anniversary!

Speak without Fear #10 Being comfortable with special-occasion speeches Warmest congratulations to the editor, publisher, and the entire team at the HRM Nepal on your fourth anniversary issue. You’ve built a thoughtful platform for leaders and learners across Nepal, and it shows issue after issue. Your consistency makes our community wiser and workplaces better. Thank …

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Lean and efficient government crucial for attracting investment and developing the private sector

One can simply compare our social, economic and political path with that of the rest of the world. In the 1930s, the globe was gripped by an economic crisis, also known as the Great Depression. Before this crisis, two main economic philosophies prevailed: a highly regulated, less market-based system where the state was heavily involved …

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A comprehensive reform package for Nepali economy must

Economic reforms that began in the early 1990s lost their momentum. These initiatives should have been carried forward with robust legal frameworks, resolved procedural hurdles and strengthened institutions. However, higher political leadership failed to prioritise these reforms. Nepal has gone through a long political transition, and all political forces have been focused on gaining power, …

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