DeMonetization is key word in India now. In very large organization or country, some decisions you have to take. Calculate risk and reward and just do it Two recent big decisions on Indian government are being hailed - Surgical strikes and DeMonetization. Organization can learn many things from it.
- Not all decisions should be taken through democratic process. If you are sure, just do it.
- Do it for larger good.
- Not everything can be left on luck , planning or time. Over Planning kills idea. Luck favours only those who acts.
- Do plan the aftereffect. Even good cause may be taken badly , if badly executed.
- Look at loopholes - people are smart, they know how to bypass rules.
- Keep eye on ground.Observe and change strategy real time.
- Take trial of machines before hand.
- Government has not taken in consideration which is biggest risk of decentralization of black money…
- Attack where the black money is ...1% have black money .. 99% suffer.. Generalization ends in suffering..
Lets see how whole process pen out.. Life of change management not easy. If successful, many will come out to take credit. If failed, same people will blame you. What's your view ??
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