Modified version for management purpose..
Age of the boss is decreasing now comparatively to subordinates. It is difficult to report to less competent and less experince boss. Main disadvantage is you dont get anything to learn. First teach him and then follow his directions. Corporates have pressure to show young and vibrant leadership at the top who should look smarter and have great communication skill.
I have taken many degrees in search on career enhancement. Is it really required?
1. Add skills
2. Give wide prospectives
3. Helps in job search
1. Waste of time , if not used properly
2. Add additional fat/ ego
3. Sometimes add rigidity
Star performers may be CEOs or politicians or even clerics; they may live in a forest or a city or a jungle. But they all share certain traits.
Buyer’s Credit refers to loans for payment of imports into India arranged on behalf of the importer through an overseas bank. The offshore branch credits the nostro of the bank in India and the Indian bank uses the funds and makes the payment to the exporter’ bank as an import bill payment on due date. The importer reflects the buyers credit as a loan on the balance sheet.