Barinder Singh Basan
IMBsbasan
Professional with over 25 yrs of experience managing business. A strategist, A thinker and an innovator. Experience in cross sectional functions in various industries like Chemicals, Apparels, Retails,Hospitality, Construction, Manufacturing, Services. Proven experience in Business Development, P&L,Finance, Risk Management, Strategic planning and organizational transformation. 20+ years record of success managing corporate finance & business operations for growing manufacturing companies with multistate and international operations. Made break-through improvements in business processes utilizing lean methodologies and Six Sigma principles. Currently designated as Chief Executive Officer of Texport Syndicate India Limited
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Category Archives: Governance
Cost Cutting Vs. Cost Optimization
The latest buzzword in any business is budgeting and forecasting. A little bit of introspection and we find that budgeting practices are often aimed at cost reduction. Nothing but business environment is to be blamed for this. Growth rate of … Continue reading
Posted in Business, Finance, Governance, Management, Performance
Tagged Business, cost, cost cutting, Cost Optimizartion, Finance, Management, Value Chain, VSM
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It is time to be little optimistic
Indian economy witnessed its maximum growth in recent years in FY 2006-07 where the growth was reported at 9.4%. Post 2006-07 the economy slumbered at an agonizing and painful pace. According to a recent survey, Factory output in India for … Continue reading
Sustainable Business – Need of the Hour
From the traditional goal and objective of business of maximizing profits, Managers are now talking about creating values. It can be safely said that the neo age managers look upon maximizing prosperity rather than maximizing profits. Prosperity is a greater challenge than profit as … Continue reading
Posted in Business, Governance, Management
Tagged Business, coso, ecology, Entrepreneur, environment, governance, Management, performance, sustainability
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Performance Vs. Conformance
January 1948. Mohammad Ali Jinnah had decided to be adventurous and had pushed mujaheedeens in Kashmir Valley. India had just gained independence and was under charm of Lord Mountbatten and Mahatma Gandhi. Though it is ironical in many ways but … Continue reading
Posted in Business, Governance, Management, Performance
Tagged audit, Business, communication, conformance, coso, Entrepreneur, erm, governance, innovation, Management, performance, relationship, risk
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