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Low Cost America
Have you wondered what would happen if the US became a low-cost country? In fact, you would be surprised to know that parts of America have already become cheaper than Asia (when you add up tangibles...
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Problem With Model T
In 1908, Ford Motors introduced a car that came to be known as Model T. A hundred years later, India’s Tata Motors introduced ‘Nano’ – also known as the world’s cheapest car. To me, Nano is the 21st...
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Free Trade and You
Take a look at this picture. Canada wants a free trade agreement with India. EU wants the same. China and India have just finished talks of taking their bi-lateral trade to $100bn over the next 5...
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Rising Salary
Once upon a time, China, India and many other similar countries were called low cost countries. Now, a new phenomenon is at work. First, salaries are rising everywhere except for in the West. Second,...
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New Dreams by Aseem Prakash
Until recently, the world chased the American Dream. Now, the American Dream is stuck in a hole for tens of millions of Americans. Life has become a living hell. At the same time, new dreams are...
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Next Western Alliance
After World War II, the US-led cartel of advanced nations ran the global economy. They created the game and established all the rules. Ever wondered why a person in the East – even with higher...
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Strategic Partnerships
If you’re in business, you want to become your customer’s strategic partner. I am not talking about a fancy label. I am talking about earning customer’s trust to such an extent that your advice guides...
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Chief Income Officer
If you were to pick the ‘Chief Income Officer’ for your company, will it be: a) CMO – Chief Money Officer (Chief Marketing Officer) b) CPO – Chief Profit Officer (Chief Procurement Officer)...
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Asian Innovation
There is a lot of talk about Asia (including India) innovating. Indeed, Asians are second to none in terms of education, skills and capabilities. But, where is the action? Indian Steel firms may be...
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Outsourcing Care
China has 167 million old people. Nearly 20 million are over 80 years old. Most are unable to live on their own. Do you know how many nursing home beds are available? A paltry 266, 200! When I read...
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