Recipe for success

Can the Indian manager be even more successful abroad?

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