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People strategy during slow down

Here is a five point people strategy during the downturn, which has layoffs as the last resort. The strategy has been depicted in the figure below:
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Thought Leadership Blog - Latest Post

Nano Car – the power of foresight

Power of foresight was exemplified by the Nano project. Ratan Tata’s decision to embark on the challenge of providing the most affordable one Lakh car for the typical Indian middle class was not just another business decision. It is in fact leadership foresight at its best. This “affordable, all whether transport” would not only give other small cars a run for their money but also will compete with two wheelers which served as family transport for typical urban and rural middle class in India.
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