Category Archives: MNC

Folktales in Economic Times

We had started a series of articles on various aspects of systems thinking, leadership and management through a slightly different approach of using local Assamese folktales. It’s definitely not the first time that management lessons have applied this technique. Yet we feel that there’s a great connect with the reader when you use these anecdotes to bolster your points.

Right from the The Frog Leader for Startups to the The gardener leader for systems thinking , these articles probably deal with the ephemeral issue of management lessons getting drowned in mundanity and thereby failing to inspire the reader.

The Economic Times provides a great platform through its ET Government Column to bring these alternative pathways for exploring traditional management and economic ideas through a fresh outlook and method.

I’m sharing the links to our articles below:

  1. The Frog Leader for Startups
  2. The gardener leader for systems thinking 
  3. Post-pandemic recovery, the slip between the cup and the lip 
  4. Economic Stimulus: Bridging the Birbalian Gap
  5. Winning the battle of un-equals
  6. The race for digitalisation may lead to overdependence on technology 

Contemporary Economics in DNA

I had written a weekly column in the Daily News and Analysis before joining the service on certain contemporary economic issues of that time. I think that some of them are still relevant today while others throw light on interesting perspectives through the lens of economic analysis.

Take, for instance, how wisdom of the crowd need not always be the correct one and in some cases can turn into a madness of the masses. To a large extent, stock markets can display irrational exuberance in the short run mainly because some of the experts conform to their biases which get magnified and exacerbated with time.

On the one hand, I have written about how why robust institutions are crucial for the economic upliftment of any country, while on the other hand, I have kindled my interest in behavioural economics through a short article on Nudge.

I am jotting down the links to my articles below. To the one with the economic bent of mind, these articles might re-kindle your lost interest in the subject after years of monotonous readings from textbooks. To the uninitiated, these might open up an opportunity to explore the rather mundane subject with a fresh set of perspectives. So, here it goes!

  1. Getting Corporates to Cough up Tax Money
  2. Solving India’s Twin Balance Sheet problem
  3. RBI’s unhealthy obsession with inflation
  4. Organ donation movement remains a failure
  5. Development not at the cost of nature
  6. Nudging economists in right direction
  7. Why robust institutions are crucial
  8. The mistaken belief in market experts
  9. When inequality pulls a nation down
  10. India can become a knowledge economy
  11. Impact of GST on formal sector
  12. Nobel for sustainable economic growth
  13. Solving India’s Twin Balance Sheet problem
  14. Job growth depends on increasing exports
  15. Rising population: Why we need to worry
  16. The Amazon effects and monopsony

The gardener leader for systems thinking 


How strongly is your organisation networked within its own  ecosystem? Do the mutually supporting subsystems join your musical  band  in unison to create the rhythm you are looking for? Not quite an easy answer if you’re talking about today’s big and complex  corporations which  are large dynamic organisations with high levels of interconnectedness across multiple value chains. As they operate over diverse locations, procuring raw materials, assembling the finished products, undertaking human resource management and marketing their products, an ecosystem comprising of multiple components develops.

The interdependence across these multiple components and their roles in the smooth functioning of an organisation are very well summarised by this little folktale from grandma’s tales where one comes across the puzzled gardenerexploring the causes of why the flower plants  are not blooming in his garden even after his sincere toil and labour. The plants  point  the finger at the stray  cow which was eating its young shoots. The cow is in no mood to take the blame and  passes the buck to the shepherd’s reluctance to feed her. How can you expect me to do my duty when I remain hungry as the cook fails to provide me food, says the shepherd. Poor cook ! Who will understand his predicament when the woodcutter shirks his responsibility to supply wood for the fire under the oven.  But the woodcutter expresses his helplessness. After all, he needs the axe to cut wood , which the blacksmith is unable to provide. How can I make the axe from raw iron  on the anvil when the rain douses off the fire on the pit, cries the blacksmith. But why does it rain? Riding on the traditional belief that it rains when the frog croaks the  final fault falls on the poor innocuous frog! The frog gives his  defence that he is not to be blamed at all as  he is  duty bound to follow his age old custom of croaking and it is his hereditary right!

Thus, the chain of blame-game for the flowers not blooming ends with the frog bound by his customary habits that he can’t breakaway from. The multitude of bottlenecks in the supply-networks of inputs needs to be properly addressed by the gardener if he wants his garden to be in full bloom. 

The gardener leader in an organisation cannot afford to miss the trees in search for the forest. In the  corporate world, identification of the remotest factor causing the disruption in the optimal functioning of the organisation is essential to initiating an appropriate intervention. Every such subsystem might have some independent or interlinked disruptors that need to be adequately attended to. Very often, the corporate management overlooks certain problems or factors which appear to be  trivial on the surface, but in effect these may have far reaching impact resulting in erroneous strategic decisions. 

In order to avoid falling into this trap of overlooking seemingly trivial subsystems, the corporate leadership needs to invest in systems thinking. This is can be done when the associated linkages of the constituent parts is well understood, and managers assigned to specific tasks avoid the silo behaviour of sticking to their own assigned tasks without having any knowledge of what people assigned to other tasks are doing. Thus, there is a need for cross functional teams in an organization so that members better understand each other.

Through out the entire tale of the gardener   the nature of bottlenecks  was pointing at a whole lot of physically identifiable short comings like lack of food, fire wood, axe etc. but at the end one could come across the intangible factor in terms of impactful customary beliefs and habits. Quite often, these either remain unseen or not given enough attention. Yet they are significant in intangibly influencing the  output and productivity of the performers in the organisation, such as the croaking of the frog in the tale. 

Organisations and management programmes need to nurture such leadership. HR managers need to facilitate greater communication across different verticals, and the top management needs to have a holistic understanding of all constituent parts of the organisation. Only when these conditions are met can we expect a really competitive and dynamic corporation establishing itself as a dominant player in the market.

This article appeared in The Economic Times’ ET Government Opinion Column on 23rd December 2019. Written in collaboration with Kuladhar Saikia. Link: https://government.economictimes.indiatimes.com/news/governance/opinion-the-gardener-leader-for-systems-thinking/72938326