Thursday, July 3, 2008

The charge of the ‘foreign’ brigade...


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The world talks about the furious India Inc. growth story and about how India as both a manufacturing and services hub is increasingly gaining respect from multinationals, the world over. Talk about it and it appears as nothing more than a debate... until you actually turn your head towards the host of international names that have been selected during just the past decade to run the businesses of MNCs on Indian sub-continent. Brian Tempest (of Ranbaxy fame), Darryl Green (of TTSL fame), Warwick Brady (COO, Air Deccan), Douglas Baille (CEO, HUL)... and the glittering list of such expat CEOs simply go on... “Why non-Indians?” you question. Well, the answer is truly straight-forward – where there is a developing economy and a high-potential industry to double that up, multinationals don’t seem to take a chance, as is obvious. Take a look at the very list and you cannot question the competence of these fair-skinned CEOs who seem to have confi dence instilled in them right from the moment they step onto the Indian soil, and of course, loads of experience to back that up. Yes, industries like telecom, aviation, FMCG, pharmaceuticals et al which hold truckloads of promises for the international titans are placed under the expert charge of these very international CEOs who lead the charge even on the Indian soil right from the start and do the initial ground-work for the Indian leaders to take over.

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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