Author: A Collection
Translator(s)/ Editors(s): Peter Cappelli/Harbir & Jitendra Singh/Michael.
Publisher: Harvard Business
Year: 2010
Language: English
Pages: 332
ISBN/UPC (if available): 9781422155554
Description
Learn the innovative management practices fueling India’s explosive growth
Over the last two decades, many of India’s leading companies have been achieving double-digit growth – even in the midst of a global recession. Understanding what is driving the India business juggernaut is an imperative no manager – in any part of the world – can afford to ignore.
In this timely book, professors Peter Cappelli, Harbir Singh, Jitendra Singh and Michael Useem of the Wharton School India Team reveal the secrets of India’s top-performing companies : an innovative, unconventional, and exportable set of management principles they call the “India Way”.
The authors argue that the India Way could have the same remarkable impact that Japanese business leaders and the “Toyota Way” had on manufacturing around the world: it could change the practice – and purpose – of management on a global scale.
Drawing on interviews with more than one hundred top executives from India’s largest corporations – including Infosys Technologies, Reliance Industries, and Tata sons – the Authors reveal how the India way differs from Western management practice in how organizations manage and value employees; transcend barriers through improvisation; create compelling value propositions that serve a massive, underprivileged market; govern for the long term; and make social issues a business priority. The authors identify how managers in other countries can learn from these practices and adapt them in their own companies.
This eye-opening book will challenge and inspire managers in developed and developing countries who seek new ways of competing in a changing world.
COMMENTS:
“Informative and Inspiring”
--- Jim Collins
“Indian companies once adapted the best management practices and principles from around the world, but now they are creating unique business successes of their own, guided by the rich entrepreneurial traditions and cultural values of India. In this well-researched book, four distinguished authors from the Wharton School share the most innovative management practices from India’s top companies and show these practices might be adapted in the West.”
--- Mukesh D. Ambani
“The India Way is of interest to us for understanding ourselves. It has simultaneously an insider and outsider perspective, which gives it both a nuances understanding of and clarity about India and Indian business.”
--- Rahul Bajaj
“India’s entrepreneurs and business leaders have created unique business models and practices that have been largely overlooked. This book is inspiring, interesting, and cogent.”
--- Vindi Banga
“The India Way gives us a new group of role models: business leaders who see their purpose not just as making money but as shaping a national renaissance. Informative and inspiring, it gives a glimpse of what business everywhere can – and must – become.”
--- JIM Collins
“The practical framework comprising holistic employee engagement, improvisation and adaptability, creative value delivery, and broad purpose is a masterly way to develop a complex subject.”
--- R. Gopalakrishnan
“The India Way fills a much-needed gap by showing what managers around the world can learn from the innovative management practices emerging in India. Accessible, highly relevant, and engaging, it is a must-read.”
--- N.R. Narayana Murthy
Contents
1. India Business Rising – The Contemporary India way of Conducting Business
2. The Way to the India Way – Economic Reforms Drive Development of New Capabilities
3. Managing People – Holistic Engagement of Employees
4. Leading the Enterprise – Improvisation and Adaptability
5. Competitive Advantage – Delivering the Creative Value Proposition
6. Company Governance – Fulfilling Broad Mission and Purpose
7. Learning from the India Way – Redefining Business Leadership
Appendix A – Growth of the India way
Appendix B – Indian Business Leader Interviews and Survey
Appendix C – Cultural Roots of the India Way
Notes
Bibliography
Acknowledgements
Index
About the Authors