Sound advice for them!
With India's economy and business transfixed by the global financial crisis much as a Dooars elephant is blinded on the tracks by the headlight of a rushing train at night, the one thing everybody - from CEO to a call centre worker - needs desperately is advice. Not money, not receptive markets - even though business is all about following the money. They come later. First, some advice, please, lest we find ourselves on the wrong tracks and are run over by the train. So, bankers and (lucky) cash-rich corporates seem to be saying, as they hang on to their funds.
But where does one go to get that advice? To the world's leaders? To the world's best B-schools that produced the graduates who are being blamed for the crisis in the first place?
So, BT decided to ask the who's who of India's corporate world - as well as some professionals and leaders from other fields for good measure - to jog their memory and recall the best advice they ever got. What the advice was, who gave it to them and when, and how it helped them.
There is no rocket science, no theory of derivatives - but the diversity of the advice is amazing. From the sublime to the practical and the selfish, the advice is laid bare for you.
One thing - as a very senior business baron pointed out - Indians have a habit of giving advice even when it is not wanted. So, don't for a moment think that BT is preaching: it is just offering a menu.