When employees are overly cautious and avoid taking risks, they may miss out on opportunities to introduce new techniques, products or processes that could significantly enhance the company’s performance, says Murugan Santhanam. “He would be the winner if the company awarded first
While CY2024 was a mix bag for the Indian T&A sector, the year CY2025 is expected to be a better one. The second half of 2024 saw a distinct recovery in the overall exports after multiple quarters of subdued performance in the backdrop of sluggish demand in the major markets of the EU and the […]
The 2024 Annual Report from RISE highlights its pivotal role in advancing gender equality and sustainability across global garment, footwear and home textile supply chains. With comprehensive programmes, strategic collaborations and transformative initiatives, RISE continues to empower workers, challenge systemic inequities and enhance workplace environments. In 2024, RISE
The One-Earth Fashion report by Public Eye has issued a clarion call for radical reform in the global fashion industry. Highlighting its outsized impact on the environment and society, the report lays out 33 actionable targets designed to align the industry with planetary boundaries and create a just, sustainable future. Fashion’s contribution to climate change, […]
According to the Deloitte Asia Pacific report ‘AI at a crossroads: Building trust as the path to scale’, about 92 per cent of Indian executives identify security vulnerabilities, including hacking and cyber threats, as a primary concern in AI adoption, while 91 per cent express significant concern about the privacy risks related to sensitive data in […]
The principle of reciprocity describes the tendency of human nature to want to offer something when something is received. You feel obliged to do something in return because something was done for you, writes Murugan Santhanam I felt so happy! Finally, I got an inquiry from our principal in Japan for Indian organic yarns. My […]
The Asia Floor Wage Alliance (AFWA) has released its much-anticipated Path to a Living Wage report, which highlights glaring disparities between garment workers’ earnings and the wages required for a dignified standard of living. Covering eight key garment producing nations, the report underscores how poverty level wages continue to trap millions in financial insecurity
By following the principle of ‘addition by subtraction’, company managements can eliminate inefficient machines and people and also customers that drag down efficiency, observes Murugan Santhanam “Can you increase value by subtracting something?” The management coach posed a thought-provoking question. I quickly ducked behind my book, hoping to avoid being called on by the
The Indian textiles and apparel (T&A) sector is finally on the revival path. If one goes by the recent export numbers, the cumulative exports in September 2024 have registered a significant growth of 12.38 per cent (Y-o-Y). In fact, at around $1.1 billion, the apparel exports from the country surged by 17.30 per cent in […]
“They are Goma suri!” whispered my Japanese friend into my ear, making a curious motion with his hands, like rotating his closed hand on the palm of the other hand. “What?” I couldn’t quite grasp what he meant. Though I knew some Japanese, it was just enough to get by in casual conversations. He mentioned […]