With the Indian economy predicted to grow by 7.5 percent this year, experts say it could be time for Western CEOs to learn some lessons from their Indian counterparts.
While Western economies continue to stutter, a report forecasts India will soon return to the high-growth trajectory it enjoyed before the crisis.
At the same time, new research published in this month’s Harvard Business Review shows the heads of India’s biggest companies have a very different approach to leadership from Western bosses.
Peter Cappelli, professor of management at Wharton University of Pennsylvania, was one of the researchers behind the study, based on interviews with leaders and HR departments from 98 of India’s 150 biggest companies. He identified some of the key differences between Indian and Western bosses.
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