Management & Academic Expert

Amitava Majumdar

An author, strategist, leader and innovator, I am a CA, CMA, finance professional, internal auditor and have a honours degree in chemistry. Oxford Brookes University in the UK has invited me for a PhD in business strategy.

Starting my career with a family-owned corporation, I later rose to the top levels in the Italian MNC ecosystem, became a successful entrepreneur, and am now a researcher, consultant, project director and mentor.

Working alongside the academic industry, and helping students are pursuits of passion.

As a past president and six time board member of one of the most prestigious Rotary Clubs in Western India, I have led projects in areas of community, youth service, fellowship and administration.

By Amitava Majumdar

Money: Orthodox and Heterodox Schools of Thought

A Discussion and Analysis

This paper delves into the similarities and differences on the role of money in the heterodox and orthodox economic frameworks. Traditionally literature on economics, both at the introductory and advanced levels relate the orthodox monetary theory with the quantitative theory of money. The heterodox monetary theory, an alternative to the neo-classical monetary approach, has a wholly different perspective on the nature of money. It posits that money supply is essentially endogenous in nature and is determined within the economic system by the requirement for credit across the economy.

Subjects Covered

Articles & Papers

Happy Clients

Suggested Reading

Insanely Simple: The Obsession That Drives Apple’s Success

Ken Segall

Simplicity isn’t just a design principle at Apple – it’s a value that permeates every level of the organization. It’s what helped Apple recover from near death in 1997 to become the most valuable company on earth in 2012.

Different: Escaping the Competitive Herd

Youngme Moon

Different: Escaping the competitive world by Youngme Moon is a book about the outliers, the anomalies, the iconoclasts, the players who have rejected well-rehearsed routines in favor of more adventurous approach.

The Competitive Advantage: Creating and Sustaining Superior Performance

Michael E Porter

This book has changed completely our conception of how prosperity is created and sustained in the modern global economy. Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world.

"The essence of strategy is choosing what not to do."

 

Michael E. Porter
American economist and founder of strategic management

"In real life, strategy is actually very straightforward. You pick a general direction and implement like hell."

 

Jack Welch
Former CEO of General Electric

"The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time."

 

Henry Ford

"The future is already here – it's just not evenly distributed."

 

Willian Gibson
American science fiction author

Latest Articles

Read Along

Inclusion of Networking for Women and Minority Group Members in the Workplace

Inclusion of Networking for Women and Minority Group Members in the Workplace

Modern businesses continue to be dominated by men of the majority community, despite increasing entry of women and members of minority groups. Research has revealed that members of this group tend to, both intentionally and unintentionally interact with people of their own groups on account of homophilous reasons, thereby excluding access to women and members of ethnic minorities.

This results in considerable disadvantages for the excluded groups because network occurrences and dynamics often result in formal decisions for promotions, inclusion in new projects and giving of new responsibilities.

read more
The Saga of the Rain Tree

The Saga of the Rain Tree

There stands a once majestic rain tree just left of our house at Taleigao, a recently gentrified village in Bardez, Goa. More than a hundred years old, it soars high into the sky and is home to squirrels and a myriad species of birds. It welcomes itinerant travelers and us, when we return from our travels.

read more
Insights on Management and Leadership

Insights on Management and Leadership

Management theory has come a long way, thanks to the hard work of many researchers and experts (DuBrin, 2009). A legendary management guru, Peter Drucker, summed up management as giving direction, providing leadership, and making smart decisions about resources (Drucker, 1994). Basically, it’s about getting things done and developing people along the way (DuBrin, 2009). In today’s business world, it’s all about putting the customer first and staying ahead of the competition. But that can sometimes lead to tough decisions about ethics and responsibility. This portfolio aims to help leaders and managers navigate these challenges while staying true to their values and commitments.

read more

Contact Author