Management Perspectives

The transition to a circular economy marks a pivotal moment for Indian businesses, offering more than just economic benefits. By transcending profit-driven models and adopting sustainable practices, companies can forge resilience, drive innovation, enhance customer value and generate enduring value for society and the environment alike.

Busting the following myths-
MYTH 1: You’ve got it or you haven’t.
MYTH 2: It is hard to distinguish intuition from other thought processes.
MYTH 3: Intuition is just bias.
MYTH 4: Intuition is unscientific and risky.
MYTH 5: Intuition is always right.

A sense of well-being—whatever that means to us—results in a number of benefits with research showing greater efficiency, more effective interpersonal interactions and taking of opportunities, greater motivation, and even greater cognitive flexibility (resulting in better problem solving and creativity).

How do we achieve both the minimization of variability crucial to reliability and the creation of a culture that values the ‘healthy mistakes’ that have been known to drive innovation, psychological safety and competitiveness?