Business Today

Why Governments Continue To Fail

A balanced execution agenda is the key to translating mission and policy into operational terms at all levels.

Arecent column co authored by the NITI (National Institution for Transforming India) Aayog Vice Chairman hailed his boss, the Prime Minister, for high performance by being the most fiscally disciplined and signalled that as a high moment of the current government's performance. It is akin to saying: I am a high performer because I maintain my blood pressure, glucose level and heartbeat within normal limits. Or, it is like crowning an enterprise for exemplary performance just for keeping its expenditures within its budget. But what about its strategy, revenue, growth, profitability, market share and so on?

Of course, fiscal discipline is necessary and vital just as normal blood pressure and glucose levels are essential for an individual. But

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