Infrastructure and neglected intellectual capital....
Dear Shri Sondhi Saheb, With due respect to such famous names Rajat Gupta et al of McKinsey, from whom I get regular digest to scan their views.. this report sent is very relevant. As usual rich in data , safe in offering opinions, well presented like our typical railway meal, which has all ingredients but lacks the cutting edge to break away from known rut and do some thing out of box. The key sentence which guides the approach is "learning from past and adopting best global practices.." in preface summarizes the report. One fundamental consultants' failure is discounting human intellect, who can find alternate schemes and models to solve problems when really pushed to do the impossible. Risk averse sterile reports require to be professional and safe; that is what we get. I am not impressed. I also know it matters little that I am not impressed. Wish they added one chapter trying to visualise technology breakthroughs on the horizon, the probability of their reaching r...