Day: October 13, 2020


5 min read

Opinions expressed by Entrepreneur contributors are their own.


In the wake of the murder of George Floyd and the resurgence of the Black Lives Matter Movement, many companies have gone to work ramping up their diversity and efforts. I’ve talked with a number of brands during this time, and one area many of them have been struggling with is how to authentically build an inclusive .

Many of these companies had made statements back in June taking a stand against racism and declaring their support for the Black community. Some had even made donations to causes and started down the path of cleaning up their internal policies and practices around diversity, inclusion and belonging. But figuring out what more to do, particularly around building a brand that consistently wins diverse and niche customers, is an area they found themselves getting stuck, which 

There are still a few months left in the year, and given what has happened in 2020 so far, there’s probably still time for yet another seismic event. Already, we’ve had two: the global pandemic and the killing of George Floyd, which heightened awareness of systemic racial injustice, led to protests across the world, and spurred pledges and commitments to change from hundreds of companies.

These events are fundamentally changing the way senior executives act and lead. They have made it safe, even necessary, for leaders to be comfortable saying the words “I don’t know” and “I’m not sure.” But they also have shown the need for more listening and flexible thinking.

Leaders who believe they have all the answers to navigating the tectonic shifts and disruptions caused by the pandemic will quickly lose credibility with their team. “The days of macho leaders are absolutely over,” said Tanuj Kapilashrami, group


The government’s LTC Cash Voucher Scheme and Rs 10,000 festival advance to its employees will provide more liquidity to the customers for discretionary spends and boost demand, said and appliance industry players.


The move will help the industry, which is now witnessing encouraging signs of revival helped by factors such as pent-up demand and normal monsoon boosting agricultural output, according to the and Appliances Manufacturers Association (CEAMA).



“The special festival advance schemes will provide more liquidity to the customers for discretionary spends. With the upcoming festive season, this will augur well for the consumer durables segment,” said CEAMA President Kamal Nandi.


Traditionally, the festive season, which starts in the northern region from Dussehra and goes up to Diwali, roughly accounts up to 25 per cent of the total sales, as the Indian customers make many

Inbound shipments fell 38 per cent in September from a year earlier to 8.4 tons, according to a person familiar with the data

Topics
gold imports



Bloomberg 

by India slumped in September after a short-lived rebound as high prices prompted buyers to defer purchases.


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Inbound shipments fell 38 per cent in September from a year earlier to 8.4 tons, according to a person familiar with the data. Imports were down from 35.5 tons in August. Imports had risen in July and August as jewelers readied stocks ahead of festivals. But demand has cooled as buyers hold off on purchases in a bet that prices will further decline.


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