REGIONAL CHAUVINISM AND MUSHROOMING OF POLITICAL PARTIES

Are we going back to the days of princely states? Posing this question to myself most often, is similar to finding pleasure in fooling myself. Because this curse is a perennial one and its genesis dates back to decades.   Regional chauvinism has much to do with mushrooming of political parties across our nation. The intention of most of the leaders being to score over their opponents by snatching one-upmanship by grabbing ministerial power at the centre or by bargaining with the national alliance or party with the capacity to stake claim to form a government at the centre. Nowadays national parties, both Congress and BJP are more than willing to accommodate any splinter party by pandering to their interests in the event of forming a government at the centre. They are very well aware the days of one party rule is a thing of the past. And in politics, democratic principles, traditions and ethics- all prove to be of not much value or importance and they are kept in the black-burner needed only on the occasions of celebrating Independence days, Republic days or on such ...
September 6, 2010 Posted Under: Politic   Read More

THE ROLE OF FINANCIAL INTERMEDIARIES IN HONG KONG

Whenever analyzing a part of the financial industry of Hong Kong as an international financial centre, often (and knowingly) use the technical term - financial intermediation. This technical term refers to the process of routing savings into investments, a process that is extremely important for fuelling economic growth and development. Financial consultants utilize the term extensively in the hope that its repeated mentioning will act as a frequent reminder to all concerned. This includes the regulators and the regulated, the providers and the users of financial services - of this basic purpose of the financial industry. More pin-pointing to the providers of financial services, or financial intermediaries in Hong Kong, it is a reminder of the main function of their existence. Very often financial markets deliver financial intermediaries in Hong Kong with opportunities for profit that comprise business strategies that may not be satisfactory, having relation to the basic purpose of the financial industry. It is not probable to be precise or comprehensive about the features, and to try the categorization, of such business strategies, so that financial intermediaries might abstain from intentionally getting active. Even ...
September 5, 2010 Posted Under: Financial   Read More

NOT YOUR TRADITIONAL OFFICE POLITICS

I spent years in deep denial about office politics. I flatly refused to believe it was necessary to "play" politics in order to succeed. And – with a symbolic if not actual stamp of my foot – if it was necessary, then I'd sacrifice my career on the altar of my disdain! Many people confound themselves with the same denial and the same definition of office politics: bad, deceitful, backstabbing, brown-nosing – all of the slimy things we often think of, both in and out of the office, when we hear the word "politics." Many years later, and after teaching myself and others to navigate successfully through a lot of political undercurrents, my viewpoint has turned around completely. Successful personal politics, both at home and in the office, is nothing more – and certainly nothing less – than the art of understanding and practicing meaningful, alert, and complete communication. Let's look at these three components individually. Meaningful communication has a wide scope, ranging from avoiding the use of jargon and overly technical explanations, to simply being sure we're giving our audience what they need. It means giving a useful answer ...
September 5, 2010 Posted Under: Politic   Read More
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