Year
2010
Publication details
Academy of Management Perspectives
Management Discipline
Indian Management Thought
Source
Ancient Indian Scriptures
Issue
A very distinctive approach to business associated with the major corporations in India and contrast it with practices in the United States. Indian approach denies the clear-cut pursuit of shareholder value in favor of goals associated with a social mission. These companies make extraordinary investments in their employees and empower them in decision making. These practices combine with a distinctively Indian approach to problem solving to create a competitive advantage that has led to spectacular business growth, not just within India but in international markets as well.