In the end, what many tributes to Dr. Manmohan Singh tried to say, shorn of frills, was that the economist survived long in politics because he posed no political threat to his party's true power centre. He was so reassuring; he even lost the only Lok Sabha election he contested.
For a man who was said to be incapable of subterfuge or even office politics, a skill in which Indians excel, Dr. Singh thrived in public office. He had been governor of the Reserve Bank of India and our most famous finance minister before he became one of India's longest-serving prime ministers. And he could achieve all this not only because he had an economic vision, but chiefly because he was not politically extraordinary. His source of power was assured that he would always need them and that he would never develop another source.
Often, endurance is nature's reward to a person whose presence is not spectacular. This phenomenon can be seen in almost everything humans do.
This is why corporate bosses, even when they claim, "I only hire people who are smarter than me," typically don't do that at all, especially when that fact is too evident in the 'smarter' candidate. A nerd with narrow genius and no managerial prospects might fare well, but people whose presence or role is spectacular in a broad way do not go very far up the tapering hierarchy. Founders and entrepreneurs always pounce on super talent as they are at no threat of being eclipsed, but in a typical office, the calibre of a boss is often the upper limit for talent in his team.
Diese Geschichte stammt aus der January 06, 2025-Ausgabe von Mint Bangalore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 06, 2025-Ausgabe von Mint Bangalore.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
America's TikTok ban will be President Trump's first big test
Trump has delayed action but will still have to abide by US law
Lumino Industries files DRHP for IPO
Conductors and power cables manufacturer Lumino Industries has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹1,000 crore through an initial public offering (IPO).
'EU wants to firm up strategic India ties'
European Commission President Ursula von der Leyen on Tuesday said the first trip of her new Commission will be to India as she wants to upgrade the strategic partnership with \"the largest country and democracy\" of the world.
Sebi May Allow IPO Trade Pre-Listing To Cut Grey Mkt: Buch
In 2024, 91 large firms went public, raising a record ₹1.6 trillion, as per data from analytics firm Prime Database
The market is teaching retail investors some old lessons
Past patterns of investors getting swayed by narratives are evident. The lessons learnt are less so
Delhi govt delays new liquor plan
The Delhi government has postponed its plan to order liquor using a new sales-based points system after widespread objections from market players.
China vows to import more goods
Chinese vice premier Ding Xuexiang said China will expand its imports, hours after US President Donald Trump left the economy out of countries he's looking to hit with tariffs imminently.
Estate planning: A step-by-step guide to safeguard your legacy
How do I plan the smooth transition and safety of the estate that I have accumulated over my lifetime? -Name withheld on request
Why India Requires a New Fiscal Policy Framework After 2025-26
It'll afford the government more flexibility even if it's harder to track and the monetary policy framework may need to adapt
Post ceasefire with Israel, Hamas is effectively back in control in Gaza
After Israeli troops stood down when a cease-fire came into effect in the Gaza Strip, Hamas began sending thousands of its forces onto the streets to establish control.