SPJIMR faculty blogs

“Knowing what we don’t know is wisdom." – Johnson, 2022. “To know that you do not know is the best. To pretend to know when you do not know is a disease." – Tao Te Ching. The world in general, has been negatively impacted by people holding tightly to limited belief systems, viewpoints, and thought… Continue reading It is ok, not to know everything: Importance of Intellectual Humility (IH)

In the light of the inauguration of Rama temple in Ayodhya, I felt it was important to share a Vedanta perspective about who is Rama, based on a composition by Sadasiva Brahmendra (15th/16th Century) a saint, composer of Carnatic music and Advaita philosopher. You can also listen to this composition, sung by my Vedanta teacher… Continue reading Who is Rama? Rama dances in my heart

In today’s rapidly changing world, where challenges from global pandemics to climate crises demand not only quick but also wise responses, the understanding of wisdom has never been more crucial. The concept of wisdom transcends mere knowledge; it involves a deeper level of understanding, reflecting, and acting that collectively benefits society. In a rapidly evolving… Continue reading Understanding wisdom: a look at the 6p unified framework

Although it has long been acknowledged that innovation is a key factor in growth and prosperity, the search for innovative solutions has not always been in line with larger societal and environmental objectives. At SPJIMR, we promote a theory known as ‘wise innovation’, which aims to bring innovation and wisdom, compassion, and a comprehensive definition… Continue reading Embracing ‘wise innovation’: creating the next generation of innovators

On February 1, 2023, Finance Minister Nirmala Sitharaman began the Union Budget session by calling it the first budget of the Amrit Kaal, the blueprint for India@100 in 2047. With India’s economic growth estimated to be 7% in 2022-23, the Finance Minister’s Budget speech emphasised that the government has made inclusive development one of its… Continue reading Women’s Livelihoods and India@100: How did women fare in the first Amrit Kaal Budget?

The past several decades have witnessed a kaleidoscope of technological innovations, many unprecedented and life-changing. In particular, innovations in the digital space have impacted individuals’ personal and professional lives in many ways, ultimately transforming how we communicate, interact, and transact. While the disruptive innovations were evolving at their own pace, the pandemic of 2020 occurred,… Continue reading Disruptive digital innovation in healthcare: Understanding and overcoming the resistance

India’s Gross Domestic Product (GDP) growth touched 7.2% for the fiscal year 2022-23, making India one of the world’s fastest-growing major economies. To sustain this trend and achieve holistic growth, multiple stakeholders across the country, such as governments and civil society organizations (CSOs), need to work together to ensure the on-ground effectiveness of various action… Continue reading Leveraging the Union Budget 2023-24: Opportunities for India’s social sector

Did you know that if you put frogs in a vessel full of water and gradually increase the temperature till it reaches its boiling point, the frogs would still not notice and therefore get burnt? But, if you put these frogs in a vessel with boiling water, they would immediately leap out. It is the… Continue reading Quiet Quitting – What does it have to do with culture?

ChatGPT, a language model trained by OpenAI, has intrigued the world with its potential to impact professional and personal life. It is a powerful interactive tool capable of understanding and responding to prompts and questions in a manner that the human brain does.i It is acknowledged across the globe that this form of generative AI… Continue reading Sustainable development and ChatGPT: Some meaningful conversations

Associate Professor, Finance & Economics and Research Lead, CISD, SPJIMR The 2030 Agenda is a universal agenda for achieving sustainable development by transforming the world to move on a sustainable and resilient path i . It is a plan of action for people, the planet, and prosperity, with haloed objectives of universal peace, poverty eradication,… Continue reading Achieving 2030 Agenda: Need to balance the Janus Face of Innovation

Associate Professor, Finance & Economics and Research Lead, CISD, SPJIMR ‘Nothing changes if nothing changes’ and ‘change is the essence of evolution’ are oft-quoted phrases in different settings and contexts. However, these phrases must be reconsidered in light of rising conversations about austerity, frugality, necessity, and responsibility. Changing the status quo for the sake of… Continue reading Global Risks and Innovation: Is it time to account for the dark side?

If the Sustainable Development Goals (SDGs) are to be achieved by India, then it is imperative that civil society supplements the efforts/spends of the government in the manifold spheres of social development. For the social sector, the driving force is the ability to design and implement interventions that create high impact, both in qualitative and… Continue reading Benefits of digitisation and fund-raising possibilities for small/medium NGOs

Today is the 19th of June and happens to be my paternal grandfather’s birthday.  He passed on in 1993 at the ripe age of 88 years.  He was a professor at the Lyceum in Goa during the Portuguese rule.  I used to visit Goa during my summer vacations and stay with him as well as… Continue reading Karma Yoga

We can now reflect upon what it takes to make the journey from an ordinary bhokta, an enjoyer or experiencer of pleasant, neutral or unpleasant situations, unfolding in our life moment after moment, and become a maha-bhokta, a Great Experiencer. The relationship between the karta and bhokta is that the karta is engaging in action… Continue reading Are you a Mahakarta and a Mahabhokta ? – Part 2

Imagine an office day, a Wednesday, you have just come back from your third tea break and it’s not even 3 pm yet.  Yes, it is one of those days! You feel an eerie silence on the office floor, and you know something is wrong.  And indeed, it is.  You learn that one of the… Continue reading I am not OK, are you ok?

The mosaic of leadership development theories has many interesting pieces and one of them that stands out is that of wisdom.  Our world today is characterized by uncertainties, complexities, unplanned changes, tectonic shifts in business, need for diversity and inclusivity, proliferation of technology, ethical infractions, dark leadership behaviours, social distancing, languishing, and ambiguities.  In such… Continue reading The quest for the wise ones

After giving up all your doubts, cling to the truth, and  you will become a Great Doer, a Great Experiencer, a  Great Renouncer, O Rama! Yoga Vasistha VI Moment after moment, life puts us in various situations and calls on us to act. Vasistha teaches Rama to adopt the attitude of a Mahakarta a Great… Continue reading Become a Mahakarta and a Mahabhokta
(Part I)

History is ultimately a method of thinking which relates past practice to today’s world. In this sense, history is an essential companion to wisdom, a method of applying abstract ideas to everyday human activities. Pedagogically, it strengthens our exploration and understanding of multiple dimensions of wisdom and wise leadership: Fundamentally, history is a cognitive tool,… Continue reading History and Wisdom

Today is the 19th of June and happens to be my paternal grandfather’s birthday.  He passed on in 1993 at the ripe age of 88 years.  He was a professor at the Lyceum in Goa during the Portuguese rule.  I used to visit Goa during my summer vacations and stay with him as well as… Continue reading Remembering my Grandfather: The fallacy of fear

The 2013 RBI FCNR(B) Swap Window – Review & Takeaways In the wake of recent volatility in our currency markets, some commentators have – somewhat prematurely – recalled the extraordinary steps taken by RBI in 2013. To recap, post the taper tantrum of mid-2013, besides other steps, the RBI announced two special swap windows in… Continue reading The 2013 RBI FCNR(B) Swap Window – Review & Takeaways

Financial Markets and the Economy – Intersections My thoughts on markets across fixed income, currencies, commodities and equities, and their intersections with the economy – Ananth Narayan Should the banking system “raise more deposits”? August 10, 2022 (The following article appeared in Moneycontrol.com, link appended below: https://www.moneycontrol.com/news/opinion/should-banks-raise-more-deposits-8990121.html ) Should the banking system “raise more deposits”?… Continue reading Should the banking system “raise more deposits”?