&w=3840&q=100)
'Western vs Indian': Differing management approaches reflect cultural roots
R Gopalakrishnan Mumbai
Listen to This Article
Several Indian thinkers (me included) place an emphasis on an 'Indian' way as compared to a 'Western' way of management. They refer to Swami Vivekananda or the Mahabharata to draw lessons. Is this relevant or valid? There is some degree of validity, but only some, particularly in the equilibrium between efficiency and effectiveness.
Our assumptions about life and work are shaped by deep and unmanifest influences of culture, for example, deference to power, authority, and age, as seen in Indian business leaders genuflecting before ministers and bureaucrats. When I saw North Atlantic Treaty Organization chief Mark Rutte, a blunt Dutchman,
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
11 minutes ago
- Hans India
Gangaikonda Cholapuram committee hails announcement of grand statues for Chola emperors
Prime Minister Narendra Modi on Sunday offered prayers at the ancient Shiva temple of Gangaikonda Cholapuram in Tamil Nadu and also announced that grand statues of Chola emperors Rajaraja Chola and Rajendra Chola will be erected to honour their contributions to Indian history and culture. The Prime Minister's promise of constructing new and grand statues of Chola emperors has been welcomed and deeply appreciated by Gangaikonda Cholapuram Development Committee. Gomagan, the president of Gangaikonda Cholapuram development committee expressed his gratitude to the Prime Minister and said that this is a joyous moment for all of us. 'The visit of PM Modi to Gangaikonda Cholapuram is a joyous event for all of us. Since 2014, we have been celebrating the Aadi Thiruvathirai festival on behalf of the Gangaikonda Cholapuram development committee. In this context, we express our gratitude to Chief Minister Stalin for recognizing the Aadi Thiruvathirai festival as a state festival from the year 2022,' he said. He further said: "We thank PM Modi for his pledge to build a grand statue for Rajendra Chola, who is renowned for constructing a large navy amongst Indian kings and for leading Naval campaigns in the Southeast Asia." A special tribute was also paid to Rajendra Chola with the release of Rs 1,000 coin featuring his likeness, which brings pride and joy to all of us, Gangaikonda Cholapuram committee further said. Speaking during a special function at the historic Gangaikonda Cholapuram temple in Ariyalur district, PM Modi said that the Chola empire represented a golden era of India, marked by achievements in architecture, governance, diplomacy, trade, and cultural integration. 'The Cholas established strong political and trade ties with Sri Lanka, the Maldives, and Southeast Asia. It is a coincidence that I returned from the Maldives yesterday, and today I stand here in the land once ruled by these visionary kings,' he remarked.


India.com
41 minutes ago
- India.com
Stock Market Heats Up: 14 IPOs Including NSDL And 10 SMEs Launch Next Week
New Delhi: Next week, starting Monday, the Indian stock market will see a busy week with 14 new companies offering their shares to the public through Initial Public Offerings (IPOs). These IPOs are on both the main stock market and the smaller SME segment, and together they aim to raise more than Rs 7,000 crore. One big IPO to watch is from the National Securities Depository Limited (NSDL), opening on Wednesday. NSDL is India's largest company that handles the records of stocks and securities. The NSDL IPO is only a sale of existing shares and is priced between Rs 760 and Rs 800 per share. Experts expect strong demand from big investors because NSDL plays an important role in India's stock market. Other mainboard IPOs coming up include Aditya Infotech (an IT company focusing on cloud and AI), Laxmi India Finance (a finance company serving small businesses and rural customers), and Sri Lotus Developers (a real estate company). These companies' shares will open for subscription on Tuesday and Wednesday. On the SME side, smaller companies like Kaytex Fabrics, Renol Polychem, Cash Ur Drive, and others will also offer shares next week. Their issue sizes range from Rs 20 crore to Rs 130 crore. In addition to new IPOs, many companies are set to be listed (start trading) next week on the main and SME boards. For example, Indiqube Spaces and GNG Electronics will be listed on Wednesday, Brigade Hotel Ventures on Thursday, and Shanti Gold International on Friday. Several other small companies will also begin trading on the SME board. After a steady first half of 2025, IPO activity in India is expected to pick up, thanks to good market conditions and a healthy list of companies ready to raise money by selling shares to the public. IPOs help companies raise funds by selling ownership shares to investors, allowing the public to become shareholders.
&w=3840&q=100)

Business Standard
41 minutes ago
- Business Standard
Hotels target frequent air travellers to attract customers amid travel boom
Such initiatives highlight the rise in providing seamless travel experiences to travellers, as per hospitality industry executives Mumbai Listen to This Article With Indians constantly on the move, hotel chains are deploying a common strategy: tap into the growing number of frequent air travellers. Radisson Hotel Group recently launched Radisson Flights in India, partnering with Etraveli Group, a global flight technology provider. Radisson Flights, an integrated booking platform, will offer a 20 per cent discount on hotel stays with every flight booking. The group is rolling out a similar service in 14 other countries. Sarovar Hotels has tied up with FLY91, a regional carrier, to offer discounts to guests at select places in the country. In April, Accor Hotels and low-cost carrier