"The May 2025 amendments to the FCRA Rules further deepen this regulatory vision, aligning India’s compliance mechanisms with international standards such as those of the Financial Action Task Force (FATF") I wrote in an article in the Deccan Herald.
Broadly, the Dead Horse Theory is an old saying coined by the Dakota Native Americans and is used as a metaphor in management, policy making, and politics to understand conditions where people endure with failing strategies, programmes or policies despite clarity. ...It is born from a saying, “When you discover that you are riding a dead horse, the best strategy is to dismount.”
It also describes situations where governments and policymakers continue implementing failing policies instead of abandoning or reforming them. One reason could be political, economic, or bureaucratic pressures that do not encourage or support change. Using effective communication strategies and tools to include interactive data visualisation, social media platforms and videos and podcasts.
Choosing between consortium and competition depends on strategic goals, resources and timelines of a project. For example, initiatives regarding environmental issues, use of technology to drive better outcomes.
Strategy is neither a set of norms, goals or long-term plan to ensure stability. Simply put, it is a ‘unique way to create value in sustainability’. Simply put, it is a strategy in public policy and is like a compass — it guides decisions, aligns resources, anticipates roadblocks and helps achieve impactful change. Without a strategy, policy risks becoming fragmented, reactive and ineffective.
