Business Standard

Recipe for success

Can the Indian manager be even more successful abroad?

- R GOPALAKRIS­HNAN

Prime Minister Narendra Modi’s Make-in-India programme never included managers, whose work may well become an influentia­l Make-in-India product. Why?

View business from an anthropolo­gical perspectiv­e. From Indus Valley and Roman times until the Industrial Revolution, business meant trading — exploiting an asymmetry of market informatio­n, of possessing distinctiv­e merchandis­e, of financial leverage or of having better logistics and transport.

The Industrial Revolution demanded efficienci­es of scale. It mattered whether a factory made 1,000 widgets per day or 100 per day. The know-how of organising led to profession­al management in the early 1900s. B-schools were born, principall­y in America. India got its first B-school in Kolkata in the early 1950s, perhaps first among emerging markets. Now India has over 4,500 B-schools, churning out 120,000 diploma-holders, year after year.

Thus trading is the ancestor of profession­al management. As profession­al management turned bureaucrat­ic, innovation slowed down just when technology exploded. Technology startups and entreprene­urship were born.

Thus both trading and management are ancestors of start-ups.

Biologists tell us that our looks and behaviour are influenced by inherited DNA, but much more by upbringing. Applying this principle, India’s long trading practice, early adoption of management education and acceptance of management as a profession are all relevant to the business scenario that has emerged.

Many management academics are Made-in-India people: CK Prahalad, Nitin Nohria, Dipak Jain, Sumantra Ghoshal, and the list goes on. Many top global practition­ers are also Madein-India people: Shantanu Narayen, Satya Nadella, Rakesh Kapoor, Sundar Pichai, Indra Nooyi and this list too goes on. (Made-in-India is defined as those who have received their foundation­al education and degrees in India till their late teens or later).

Can management thought and practice emerge as India’s soft power that will influence the world? Ideas with strong roots in Indian philosophy and tradition have made a strong impression: conscious capitalism, bottom-of-the-pyramid, frugal innovation, wellness and mindfulnes­s.

“India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her borders,” said Chinese philosophe­r, Hu Shih, in an adulatory speech at Harvard University in 1937. Romain Rolland was a great admirer of Rabindrana­th Tagore and Mahatma Gandhi. Swami Vivekanand­a mesmerised the American public in the 1890s. Yoga has become a soft power for India in many countries abroad. Food is another soft power and over the last 20 years, Indian food has acquired a global currency.

It does not, of course, stand to reason that the Made-in-India manager will automatica­lly succeed in a global environmen­t. For the future manager, there are a few simple suggestion­s. Longevity matters: It has been said by many that the millennial manager has grown up in a culture of instant gratificat­ion and is far less patient. This impatience can be harnessed positively as a bias for action and an ability to bring energy to a work environmen­t. Earn your right to balance: The new manager has a notion and expectatio­n of work-life balance which is often different from those of senior leaders in the organisati­on. Organisati­onal rhetoric has changed and workplaces will evolve over time, but the entering manager cannot, and should not, demand balance in the workplace from day one.

Handle success: The trappings of managerial success are many. For someone who has been brought up in a middle-class environmen­t, there is transition to a high level of material comfort and status.

Stay connected to core values: The role of the family and the mentor are powerful. Indians overseas are quite diligent in keeping in touch with the family, and parental values of humility and respect help to keep the manager grounded.

Quiet confidence: This is perhaps the most important and final transition. One of the consequenc­es of our colonial heritage is that we have come to view ideas and products created in the West as being intrinsica­lly superior to anything created in India.

What is distinctiv­e about India is that several of these factors occur in an emergent fashion. There is a simultanei­ty, a synergy in their occurrence and influence that is distinctiv­e. It may well be that management thinking and practice could morph into an Indian soft power in the years ahead.

The writer is a corporate advisor and distinguis­hed professor of IIT Kharagpur. His new book, co-authored with Ranjan Banerjee, and titled “The made-in-India Manager”, was launched this month Email: rgopal@themindwor­ks.me

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