January 27, 2021

The co-founder of a social impact marketing agency shares tips for leaders to be more purposeful in their business practices.

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Afdhel Aziz is the co-founder of Conspiracy of Love, a global purpose consultancy. He works with companies like Adidas, REO, Red Bull and Microsoft, helping them understand how to do more good in the world. “We do this by helping them discover their purpose, the higher-order reason they exist, and designing purpose-driven initiatives which allow them to go into the world to do some good, either through new products, new technology, new platforms or new innovation,” he says. 

Speaking with Jessica Abo, Aziz shares three principles from his upcoming book, The Principles of

Meetings that just happen by default waste precious time, invite poor decisions, add to exhaustion, and fray relationships. Given these risks, I proposed in a previous article that successful meetings are intentionally designed. The basic idea is that to support people and move critical objectives forward, leaders need to ask themselves four questions: Why are you meeting? Who needs to be there? What conversation needs to happen? And how can you create the conditions that will enable that conversation? In my experience, leaders are often able to answer the first three questions with just a little extra effort. But they usually come up empty when it comes to the last one.

The trouble starts before the attendees show up (or log on). Many people arrive at meetings prepared to be disengaged. Whether it is a recurring team call, a project team update, or a longer strategy retreat, participants often lack

As many as 450 projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.28 trillion, according to a report.

The Ministry of Statistics and Programme Implementation monitors projects worth Rs 150 crore and above.

Of the 1,687 such projects, 450 reported cost overruns and 558 were delayed.

“Total original cost of implementation of the 1,687 projects was Rs 21,44,627.66 crore and their anticipated completion cost is likely to be Rs 25,72,670.28 crore, which reflects overall cost overruns of Rs 4,28,042.62 crore (19.96 per cent of original cost),” the ministry’s latest report for December 2020 said.

The expenditure incurred on these projects till December 2020 was Rs 12,17,692.37 crore, which was 47.33 per cent of the anticipated cost of the projects.

However, the report said the number of delayed projects decreases

Stocks fell along with US futures Tuesday as investors mulled a possible delay in the planned US fiscal- relief package against a backdrop of concern that some are overextended. The dollar advanced.

A gauge of Asia-Pacific equities at one point slid the most in about two months, with shares in South Korea and China underperforming. Tencent Holdings’ slump led Hong Kong stocks lower after the internet giant’s market value rose to the cusp of $1 trillion for the first time Monday. The People’s Bank of China unexpectedly withdrew funds from the financial system as an advisor discussed the risk of asset bubbles in local media.

S&P 500 futures slipped as Senate Majority Leader Chuck Schumer said an aid package was unlikely before mid-March and a US health official expre­ssed concern about vaccination delays. Nasdaq 100 contracts also pointed lower, with