These two Indians were in limelight and headed gigantic Institutions in USA successfully , but recently lost their jobs.US corporate culture and practices are different than other nations and in India we are in transition, going to market economy.
Yesterdays merit and innovation and solutions goes obsolete tomorrow. I think this is applicable to Vikram because he saved Citibank and worked for $1salary per month till Citibank goes to top.Within five bank was brought on the track, sheer hard work and dedication of Vikram.
Rajat was diamond once but due to unfair practices ,he was prosecuted and punishment was declared recently.
No doubt corporate America pay you whatever you want subject to performance but failure is also costs the job.Achievement of yesterday can not be a lifetime achievement. There are equipments in the market under title All Weather working, but in the corporate world CEO can not be remoulded to win over any crisis.
This is a lesson for Indian corporates that they can not imagine lifetime employment hereafter.
that is the history
by Rachel Koski 6 years ago
Why do the scores on my Hubs rise and fall over time?I think I see why the scores go up, but once they've gone up why do they drop, go up again, continue to fluctuate, etc? Thanks!
by Schandee Decker 4 years ago
Do you think that people love to see a hero fall, more than watching one rise?In Spider Man the editor said "if he doesn't want to be famous, we'll make him infamous." Then he said something like "..if there is one thing people love more than seeing a hero rise, it's seeing one...
by H P Roychoudhury 8 years ago
Rise and fall of share market depend on what factors?
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