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Businesses can survive economic hardships with right strategies – Mansharamani

bycitibusinessnews
August 13, 2014
in Business, Local Economy
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Dr. Vikram Mansharamani, a global equity investor has said although the economic challenges that Ghanaian businesses are currently facing may be daunting, with the right strategy, companies can turn things around.

“If business leaders will equip themselves with the relevant tools and constantly update their strategies to meet the needs of ever-demanding trends, their organizations will remain profitable and globally sustainable.”

He stated that “disruptions and uncertainty are often a source of new opportunities. Volatility, currency devaluation, falling confidence and other characteristics are perfect for taking new opportunities. It will require a planning process that models scenarios and acts accordingly.”

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Dr. Mansharamani who also a lecturer at Yale University made these remarks during a brief interaction with the press on his arrival in Accra on Tuesday.

Dr. Mansharamani is scheduled to speak together with other international resource persons at this year’s edition of Festival of Ideas.

He has taught the extremely popular seminar “Financial Booms & Busts” to Yale and is also the author of BOOMBUSTOLOGY: Spotting Financial Bubbles Before They Burst.

He is a regular commentator in the financial and business media, having contributed to Bloomberg, MarketWatch, CNBC, Forbes, Fortune, The New York Times, The Wall Street Journal, The Atlantic, Yale Global, The South China Morning Post, The Korea Times, The Khaleej Times, Harvard Business Review, and The Daily Beast, among others.

Dr. Mansaharamini will be speaking together with Prof. Ian Shapiro also of Yale University, Dr. Mensa Otabil, Prof. Robert Hinson, Mr. Charles Mensah, Mr. Sangu Delle and hosts Rev. Albert & Comfort Ocran. The one-day conference will come off at Labadi Beach Hotel this Thursday 14th August. This year’s Festival of Ideas will have two sessions.

There will be a breakfast with training seminar with four options on Strategy, Finance, Marketing and Public Partnerships. The evening is an exclusive dinner for CEOs, corporate heads and public officials dubbed “A Night With Great Minds.”

Festival of Ideas is the flagship corporate event of Legacy & Legacy and is recognized as Ghana’s most prestigious business conference, bringing together business heads, top corporate executives and professionals from all sectors for insightful presentations, corporate training, brainstorming and networking.

 

 

By: Kwaku Anim Boadu/citifmonline.com/Ghana

 

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