This website uses cookies to ensure you have the best experience. Learn more

Managing In India Essay

2745 words - 11 pages

India is amongst the ancient civilizations with rich historical legacies and cultural traditions. It shares a border with seven countries namely; Pakistan, China, Nepal, Bhutan, Bangladesh and Sri Lanka. This denotes the diversity it has within its mainstream culture and subcultures, in terms of language, religion, ethnicity and mindset.
It is a nation of extensive inconsistencies, with its emergence in the global market as opposed to its restricted economy of labour, capital and knowledge. However these inconsistencies are caused by the contradictory national and managerial mindset goes on to the confidence Indians have in their abilities and future. Bever et al (2005) found, ...view middle of the document...

(Rapoza, 2011)
Historical and Cultural Background
The culture in India is an exhibit of its past, which is reminiscent of its synergistic and mixed religious history (Sen, 2005). He emphasizes on rationality in Indian mindsets. Samii et al. (2008) propose that history shapes institutions and institutions shape the economy and should not be neglected. The main idea of history comes from religion, as it is usually defined as a way of life. Hinduism is amongst the oldest religions, predominantly in India, and plays a major role in the mindset of and behavioral aspect, which in turn affects the cultural traditions of India. Vedantic philosophy is one of the primary foundations directing human behavior and is commonly applied in management texts as well as executive training programs in India. Historic Hindu scriptures highlight four main pillars; Dharma as conscientious and ethical base, Artha is realistic challenges, Kama being worldly motivation and Moksha as self-actualization. These act as the principal basis that nurtures character, institutions and society. These religious values are becoming prevalent in areas of management, improvement of organisation culture and strategy. A prime example of this can be seen through the influential Tatas that recognizes Dharma as guidance to increased managerial execution. This can contribute to the wider concept of worldwide management (Chatterjee and Nankervis, 2007). Chakraborty (1998) suggests that India has the drive to offer a unique contribution towards management studies, given it grows up as a nation.
Religion also acts a major divide amongst Indians. Muslims ruled India for almost five centuries and so had quite an impact on India’s cultural and political scene. Being the largest minority, out of eight prominent religions in India, the influence of Islam is undeniable on Indian culture. It raided Indian culture not to coincide with it but to mitigate it completely. Nevertheless, it could never convert to a Muslim country, and so acts as a controversial topic of distrust and cynicism, in conjunction with a common culture. It was the main reason for the partition of India and Pakistan and so creates a drift of religious beliefs within individuals that hinder a sense of nationalism, which may also come in to the workplace as a bias (Tarkunde, 1990).
Indians are sought of upholding a contrast in behavior towards institutions and its own individual self (Lannoy, 1971). This dichotomy is steered by behavioural variables as follows; ‘Desh’ is the setting or place, ‘Kaal’ is the timing and ‘Patra’ is the particulars of the situation, which altogether assimilate collectivism in a work-related organisational framework (Sinha and Kanungo, 1997). Moreover, the historical caste system plays an integral role in the discord of social strata and fueled inequality. They were grouped in four bands; the Brahmins held the highest rank as priests, scholars and educators, followed by the Kshatriyas preserved social...

Other assignments on Managing In India

Hmt Bearings Essay

974 words - 4 pages inventory buildup and accumulation of uncollected receivables. In mid-2002, the government and HMT Group explored shutting down HMT Bearings, taking the losses and pensioning off the employees. But that plan was rejected, out of concern for the impact on employment and high pension costs, and in the face of intense pressure by the Center of India Trade Union in Hyderabad. Rather than shut down HMT Bearings, government-funded bailouts were instituted

Philips Essay

1156 words - 5 pages headquarters in New delhi, India. Its chairman and managing director is B.P.Rao. The company has its main product are uninterruptible power supplies, circuit breakers, switch gear, switchboards and motor controllers. It is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, Transmission, Industry

Mutual Funds - India

1239 words - 5 pages Mutual Fund penetration in Rural India What are Mutual Funds? A mutual fund is just the connecting bridge or a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the gathered money into specific securities (stocks or bonds). When you invest in a mutual fund, you are buying units or portions of

Avaition Industry Info

5964 words - 24 pages . Finally, the Airports Authority of India was entrusted with the responsibility of managing all national and international air ports and administering every aspect of air transport operation through the Air Traffic Control. With the opening up of the Indian economy in the early Nineties, aviation saw some important changes. Most importantly, the Air Corporation Act was repealed to end the monopoly of the public sector and private airlines were

Air Arabia

4144 words - 17 pages ranked top as world's number 1 Low Cost Carrier for 2009 on the TPC chart by Aviation Week. AIR INDIA EXPRESS The Air India Express is the India's first international airline that offers efficient service and good value for money. Their mission is to provide easy connectivity in short routes at most affordable rates and offer maximum customer satisfaction. Their fleet includes the state of the art 24 B737-800 aircraft. All the aircrafts of Air

Doc Doc, Docx, Pdf, Wps, Rtf, Odt

1805 words - 8 pages SECTOR. TODAY’S MODERN BANKS ARE NOT PROVIDING ONLY TRADITIONAL BANKING; RATHER BANKS ARE EXPANDING THE MENU OF FINANCIAL SERVICES. Banking System in Bangladesh: Historical Overview Bangladesh inherited its banking structure from the British regime and had 49 banks and other financial institutions before the Partition of India in 1947. The Dhaka Bank established in 1806 was the first commercial bank in the Bangladesh


1246 words - 5 pages It leads the tablet market in India ahead of global giants like Samsung and Apple (according to CyberMedia Research figures released on Monday) and is the third largest mobile player in terms of volumes. Micromax, which entered the mobile space just four years ago in 2008, is doing all this, and more: the company on Tuesday forayed into the home entertainment space with LED televisions and home theatre systems. Also Read

Mcdonalds Csr

1091 words - 5 pages Nguyen, managing director of McDonald’s Vietnam, said at a press conference earlier this year that the first McDonald’s shop served 22,500 customers within 24 hours of the opening day, while the figure reached 400,000 in the first month. -The 2009 population census showed that 1.68 million people living in urban areas were aged 10 to 24, a potential market in which one in four people could be viewed as customers. -In District 1, the central area

Riordan Prob Solution Diversity

2975 words - 12 pages production and delivery schedules for the new facility (University of Phoenix, 2011). Riordan has not considered the differences in cultural values in hiring land motivating labor originating from India, Pakistan, and Korea. Therefore, there is an opportunity to become educated on varying cultural beliefs and values. Additionally, it will be crucial for Riordan to further understand their diverse workforce by delving into cultural dimensions of


2536 words - 11 pages 1st Prize Winner – Shri Devaraj Belke Mahadeva, NIA, Pune Taken from IRDA INCREASING INSURANCE PENETRATION IN INDIA Insurance as an industry has secured a vital position in the development of the nation’s economy. An efficient insurance market is essential to achieve integration into the global economy and sustainable strong economic growth. In conjunction with the forces of global consolidation, current advances in information technology

State Bank Of India

8300 words - 34 pages network of state-of-the-art dealing rooms in India and abroad, backed by the assured expertise of informed professionals, the SBI extends round-the-clock support to clients in managing their forex and interest rate exposures. SBI's relationships with over 700 correspondent banks are also leveraged in extracting maximum value from treasury operations. SBI's treasury operations are channeled through the Rupee Treasury, the Forex Treasury and the

Similar Documents

Organized Retail Industry – India Essay

256 words - 2 pages Organised Retail Industry – India Indian organised retail market is only about 8% of the total domestic retail market. It is expected that this sector will grow to about 20% in the next 8 to 10 years. This is a huge opportunity area for any company with a good financial capacity and market knowledge. [pic] Major portion of the existing market share is with Indian companies with a few Joint Ventures of global giants. FDI policies of

Database Security Essay

281 words - 2 pages * Kumar et al Managing Cyber threats: Issues, Approaches and Challenges Springer Publishers, 2005. * S. Singh, Database systems: Concepts, Design and applications New Delhi: Pearson Education India, 2009. * S. Sumanthi, Fundamentals of relational database management systems Berlin: Springer, 2007. * P, Singh Database management system concept V.K (India) Enterprises, 2009. * Coronel et al Database System Design, implementation and management Cengage Learning, 2012. +

Global Business Opportunities Project: Essay

8736 words - 35 pages per the company’s operating manual, information systems, and the basic managing skills that management will need to be successful. The trainers will be the management team that will stay in India to manage the store with the local national managers. This will allow them to build a working relationship while getting to know the business. Performance Appraisal Performance appraisals will be conducted locally every 90 days for employees by

Silvio In India Essay

465 words - 2 pages 1) I believe Silvio is a good choice for the manager since he was the one who developed the plan for the project for India, as he was in charge of creating the Indian subsidiary, thus he is experienced in the planning and detailed information about the plan. He also has extensive knowledge of the S001 project which he also worked on. India’s plan revolves around the S001 project, thus since he has experience with it, it would be beneficial for