The India Way: How India’s Top Business Leaders Are Revolutionizing Management

Product Description
Exploding growth. Soaring investment. Incoming talent waves. India’s top companies are scoring remarkable successes on these fronts – and more.

How? Instead of adopting management practices that dominate Western businesses, they’re applying fresh practices of their ownin strategy, leadership, talent, and organizational culture.

In The India Way, the Wharton School India Team unveils these companies’ secrets. Drawing on interviews with leaders of India’s largest firms – including Mukesh Ambani of Reliance Industries, Narayana Murthy of Infosys Technologies, and Vineet Nayar of HCL Technologies – the authors identify what Indian managers do differently, including:

Looking beyond stockholders… More >>

The India Way: How India’s Top Business Leaders Are Revolutionizing Management

Posted in Books | 5 Comments

5 Responses to The India Way: How India’s Top Business Leaders Are Revolutionizing Management

  1. I LIKE THE BOOK VERY MUCH,WRITERS TAKE TIME OUT DEEPER INTO ISSUES,YOU GET LOTS OF INSPIRATION FROM LARGE NUMBER OF PIONEERS IN THE INDIAN BUSINESS WORLD,

    CANGRATS !!!!!!!PROFESSORS FOR YOUR GREAT WORK
    Rating: 5 / 5

  2. “The governing board of Western Companies has traditionally been viewed as the owners eyes and ears, ensuring that company executives take prudent risks to optimize investor value and engage in no self-serving behavior or malfeasance while doing so. But drawing on the broad sense of mission and purpose that defines the India Way, Indian directors have become more deeply engaged in guiding company directions with less of an eye or ear on the shareholders and more of a concern for the community and the country.”

    American corporate governance has increasingly turned to rules, whilst Indian corporate governance have turned to more values. With more of a stakeholder approach, Indian companies are more focused on balancing the company needs with that of the broader community. The India Way: How India’s Top Business Leaders Are Revolutionizing Management, by Peter Cappelli, Harbir Singh, Jitendra Singh and Michael Useem is the result of interviews 100 of India’s top business leaders in order to determine if India has lessons that can be applied to the West.

    Three principles appear as key to many successful Indian companies:

    1. Employees are viewed as a company’s best assets and not something to be adjusted to fit cost structure or to be manipulated through layoffs to save money.

    2. There is a willingness (perhaps out of necessity) to do more with less.

    3. An all important underlying social mission to business and an interest beyond the immediate return for shareholders.

    US companies could benefit from The India Way, with its greater focus more on long-term thinking and the corporation’s role in social progress.
    Rating: 4 / 5

  3. E. Hess says:

    A wonderful read that successfully challenges the common U.S. belief that the sole purpose of business is to create shareholder value.

    The India Way demonstrates that businesses can create value for employees, customers, shareholders, and society by having a purpose bigger than just profit. Purpose, meaning, high employee engagement, and customer centricity can create value for multiple stakeholders.

    Many of their findings are supported by academic research @ Stanford, Harvard, Michigan, and Darden/Virginia Business Schools that focuses on U.S. companies. As examples from my research, Sysco, Best Buy, Room & Board, Starbucks, Levy Restaurants, Southwest Airlines, Costco, Whole Foods, the Ritz Carlton chain, Outback Steakhouses, UPS, SAS, Synovous Financial, Chick-fil-A, and Patagonia all understand that execution excellence and compelling customer value propositions come from meaning, purpose, a highly engaged workforce, and leaders who are humble passionate operators. All are high performance businesses.

    The India Way adds much to the conversation that businesses as a member of society should create value for society as well as for shareholders.

    Ed Hess

    [ASIN:0231150504 Smart Growth: Building an Enduring Business by Managing the Risks of Growth (Columbia Business School Publishing)]]

    Rating: 5 / 5

  4. One amazing fact I found about India’s business leaders is the novel concept of putting your employees before your customers. Indian business leaders are creating new paradigms in management approaches and corporate governance. The role of Indian culture in management is simply fascinating. Fulfilling social responsibility, maintaing great corporate culture and setting long term strategy are bigger drivers than maximizing shareholder wealth for India’s top management. Good financial results are merely the by-product of good governance…This is the underlying mantra and this is the India Way and it will shape the future of business in this century. Must read for everyone who is in management

    Rating: 5 / 5

  5. Rolf Dobelli says:

    India’s economic boom in the past 20 years has left many other nations enviously eyeing it as a new, forceful competitor. With growth rates greater than those of most developed countries, India has become a world-class industrial player, and its business leaders have become the “rock stars” of its industrial development. How did a country with few natural resources, a vastly diverse population and stifling bureaucracy do so well in such a short time? And what lessons can India teach the rest of the business world? Wharton School professors Peter Cappelli, Harbir Singh, Jitendra Singh and Michael Useem explore the drivers of India’s explosive growth. Their conclusions – after interviewing more than 100 senior executives from among the nation’s 150 largest companies – are that several of India’s success factors, despite being tempered in conditions specific to that country, can form the foundation of a new business model for the developed world. The authors offer compelling case studies and well-researched profiles of companies and entrepreneurs who are taking on the challenges of building their businesses and assuming leadership roles in India’s political life. If you wonder how global businesses will adapt in the 21st century, getAbstract proposes that this book is vital to your understanding of a new way forward.
    Rating: 5 / 5

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