Challenges of Indian Management

Management in India is an amalgam of practices borrowed from the West--and more recently from Japan--overlaid with age-old Indian values and norms that are still extant. This book is a seminal attempt to understand the nature of Indian management and how it can be institutionalized. With an in-depth historical perspective and a thorough analysis of four types of Indian organizations--traditional family-owned private sector; public sector; governmental departments and multinationals--the author highlights certain common styles, policies and practices that are in consonance with the Indian environment and also provides guidelines for management practices for Indian organizations. The contradiction within the Indian context between stated policy and actual practice has been explored and brought to the fore. Also in this book: - evolution of management in India from ancient times to the present; - evolution of management practices in the West and Japan; their strengths and weaknesses as also their relevance in the Indian context; - overview of Indian management and the future direction it could take. Lucidly written and replete with detailed case studies based on data collected from over 50 organizations, the book provides the path Indian management needs to take in the context of the changing competitive environment.