The definition of leadership should not be limited solely to individuals who govern and manage organisations, but should also encompass the capabilities that organisations develop to enhance their ability to tackle challenges. The 17 centennial companies in India [which have been profiled in this issue] have diverse origins, ownership and governance mechanisms. Some of these have ventured into related or unrelated sectors, depending on the available opportunities and the leadership vision within the organisation.
Indian businesses have adopted a variety of approaches to ensure their survival and success in the upcoming century. The adoption and effectiveness of these approaches may vary among the centennial companies, but discernible trends can be observed. Some companies like the Hinduja Group, Tata Steel, Tata Consumer, Britannia, and ITC are far ahead of other companies.
Going to the Next Level
Companies are transitioning from a family-centric approach to professional leadership. They acknowledge the necessity of professional expertise and skills to effectively navigate the intricacies of the contemporary business landscape. As a result, they have brought in professional managers from diverse backgrounds, possessing expertise not only in general management, marketing and operations but also industryspecific knowledge and experience.
Given the global competition and the customer-centric approach, Indian corporates are acutely aware that their products and services must match, if not surpass, those offered by global organisations. To achieve this, they must not only create products and services that meet the needs of Indian consumers but also ensure their competitiveness in foreign markets.
この記事は Outlook Business の August 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Outlook Business の August 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'
Increasing brand consciousness and awareness among consumers is helping expand the organised jewellery retail industry. MP Ahammed, chairman of Malabar Group, discusses prominent trends in the jewellery industry
BATTLE TO WIN THE AI RACE
In Supremacy, Parmy Olson tells the astonishing and behind-the-scenes story of the battle between the world’s two leading artificial intelligence firms, OpenAl and DeepMind and the continuing rivalry of its founders Sam Altman and Demis Hassabis respectively
A LEADER WHO EMPOWERS
Anshul Arzare, MD and CEO of YES SECURITIES, wants to ensure a workplace where employees not only contribute to the company's vision but also feel content
EV Unplugged
Electric vehicles are crucial to India’s climate change plan. But reliance on China for imports and technology constraints remain hurdles the sector needs to overcome
Every Lamborghini Owner is a Brand Ambassador
Regional director of Automobili Lamborghini, Francesco Scardaoni, talks to Prachi Khanna about the brand’s approach to fostering a sense of community among its vehicle owners. Edited excerpts
NO ZEST FOR ZED
A government initiative to green MSMEs is not finding enough takers
SMALL PLANTS, BIG TROUBLE
Climate-triggered stress is placing an unprecedented burden on small businesses. But a lack of access to climate aid hinders the sector's ability to adopt greener methods
'We Think About the Rider More Than Any Other Company
Rapido co-founder Aravind Sanka talks to Neeraj Thakur and Deepsekhar Choudhury about how flexibility and fair pay helped his company disrupt the Ola-Uber duopoly. Edited excerpts
LABOUR PANGS
Rising cost of living in a fast-growing economy is making workers restless
'Hustle is No Virtue'
It has become fashionable to talk about the verb “hustle” these days, especially in professional settings.
