Year
2010
Publication details
Business Today
Management Discipline
General Management Principles
Source
Indian Business Practices
Issue
To understand Indian way of management, we need to first understand the Indian landscape. First, unlike other countries, Indian companies are largely led by family promoters. The Indian management style is still being explored and developed. If you go back in time - until the 90s - India was a closed economy. Indian managers are used to finding ways around obstacles, including lack of resources. Instead, the opposite happened - Indian businesses reacted positively to the opening of the economy.