Skip to main content

What India needs in the new decade: Conduct, not just cash

Many have been asking why selfishness, poor public hygiene, and corruption are rampant in India (to pick 3 "traits" from V. Raghunathan's Games Indians Play).

Best-selling author Chetan Bhagat is perhaps the first to answer that question: Lack of good values.

Writing in Times of India, Bhagat also suggests a solution: "invest in our MORAL well-being even as India prospers economically."

Comments

  1. This article may be applicable to the Indian middle class. Recent BBC study puts there are 410million poor people in India which is more than the total of all the poorest countries in the world. This is more than the population of India in 1947. In the last 60 years we've produced more poor people while smaller countries countries like Malaysia and Thailand have really progressed. You can't talk of values when half the population to struggle to have the next meal. This is in spite of the fact that in the last 60 years India was lucky not face any external war. The verdict is, India is ungovernable. Divide India into smaller states. This may be a shocking news to many proud Indians but that is the reality. India as a country is millstone in the neck of millions hundreds of millions of people in the South Asian Region.

    ReplyDelete

Post a Comment

Popular posts from this blog

Explorer mentality Vs conqueror mentality

A fixation on competitors and on beating them is evidence of what Amazon's Jeff Bezos calls a conqueror mentality. In contrast, people waking up in the morning thinking how to innovate for the customer -- and having intense fun innovating -- is evidence of an explorer mentality.

The explorer mentality resulted in Amazon allowing negative reviews of its products. Reacting to this, a book publisher objected, saying "You make money when you sell things." But Bezos thought, "We don't make money when we sell things; we make money when we help customers make purchase decisions." So explorer mentality also demands a willingness to be misunderstood for long periods of time.

During his 16 years as CEO, Bezos' Amazon has delivered shareholder returns of 12,266% (industry-adjusted), and the company's value has grown by $111 billion. More in HBR Jan-Feb 2013.

M&A perspective: IT staffing Vs IT consulting

This report is a simple analysis by HT Capital -- a boutique investment banking firm in New York. It basically makes the point that being a staffing company (Vs consulting company) does not provide adequate returns to most investors, especially from an M&A perspective.

Peter Rozsa, co-author of the report, is a Senior Managing Director at HT Capital. He was also my "classmate" at a Columbia Business School executive education program. I have Peter's permission to make the report available here.

Click to download PDF report.

Leading Change Vs. "Leading" Status Quo

Change and Status quo can be as far apart from each other as a butterfly is from a caterpillar ...

Or ... as an Amazon.com is from a K-Mart ... Or ... as a BMW is from a Hyundai ... Or ... as laying a runway is from paving a cow path ... Or ... as a solution is from a product ... Or ... as experience is from service ... Or ... as customer success is from customer satisfaction ... Or ... as a distinct brand-you is from a me-too employee ...

Change can be triggered by innovation. Change can happen in corporate culture. And so on. There is a leader "behind" every Change. If you consider the corporate world, people like Lou Gerstner, Michael Dell, and Jack Welch may come to mind. Actually, there are scores of other lesser-known and unknown leaders that make change happen in their organizations.

Here's my question: What are some differences between those who lead change and those who "lead" the Status quo? Oh yes, we know about the staggering percentage of Change i…