Thursday, August 26, 2010

Globalisation of Indian Management Philosophy - Associated Content

Globalisation of Indian Management Philosophy - Associated Content

Globalisation of Indian Management Philosophy - Associated Content

Posted: 26 Aug 2010 11:32 AM PDT

Indian managers are going global, and in the process, executives are taking along with them their distinctly Indian management style and "philosophy." This is a trend that is now being closely observed by global leaders
 and management thinkers. With the globalization of Indian managers, the spiritual dimension of balancing the yin-yang of professional and personal lives is coming to the attention of management thinkers, a trend that a Business Week article calls "Karma Capitalism". [Business Week Special Report, Oct. 30, 2006]

Globalization of Indian managers is not restricted to the much hyped software services arena where project managers and programmers routinely crisscross the globe. Stories of Indian-born managers breaking through the glass ceiling in multinational organizations—Pepsi's Indra Noori or Rajat Gupta at McKinsey—are almost 'routine news.' What is more significant is the next chapter in evolution of Indian managers, taking Indian corporations global. Examples in several sectors abound; whether it is about managers from Tata Steel plotting the multi-billion-dollar growth of a "Made in India" global steel conglomerate with the takeover of Corus, or that of executives from Dr Reddy's Lab aspiring to take on global pharmaceutical giants by patenting Indian drugs, and fighting for a niche in the global generic drugs segment.

Export of philosophy

Export of Indian management philosophy perhaps started with the "brain drain" generation a few decades ago when Indian technologists and graduates would routinely aspire to migrate West seeking rewards and a 'better life' in return for their skills and talent. The generation of technologists, doctors and professors that migrated to the US in the sixties and seventies imported a part of the management 'culture' along with aspects of the Indian values, rituals and spiritualism.

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