When Founder Floun­ders

The Economic Times - - The Edit Page -

Of the three In­dian CEOs at IT com­pa­nies — Sun­dar Pichai, Satya Nadella and Vishal Sikka — the first two have no prob­lems with the founders, who are for­eign-based. How­ever, Sikka is be­ing ques­tioned by In­fosys founders on cor­po­rate gov­er­nance. Ear­lier, Cyrus Mistry was fired by Tata Sons be­cause of his dif­fer­ences with the own­ers. So, are founders of do­mes­tic com­pa­nies in­fat­u­ated with their cre­ations and do not want to give up their pa­ter­nal role? Is that why for­eign-ed­u­cated and for­eign-work­ing In­di­ans find it dif­fi­cult to work in In­dian en­ti­ties, for­mer RBI gover­nor Raghu­ram Ra­jan in­cluded? Is this de­sir­able con­duct?

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