Carlyle Managing Director and India Head Amit Jain recently advised businesses to focus on what they can control and “fundamentals” in the face of increasing global uncertainty that is likely to result in greater volatility this year.
Jain’s advice suggests that businesses should not try to predict or respond to every market fluctuation or external event that may impact their operations. Instead, they should concentrate on the fundamental aspects of their business, such as their core products or services, customer needs, and operational efficiency.
By focusing on what they can control and their core strengths, businesses can better weather any storm that may come their way. This approach allows them to maintain stability and continuity in their operations, even when external factors are unpredictable and volatile.
Jain’s statement also highlights the importance of a long-term perspective in business planning. Rather than making short-term decisions based on current market conditions, businesses should focus on building a strong foundation that can withstand the ups and downs of the market over time.
Overall, Jain’s advice serves as a reminder that businesses should not lose sight of the fundamentals that drive their success, even in the face of external uncertainty and volatility. By staying grounded and focusing on what they can control, businesses can weather any storm and emerge stronger in the long run.