ATTITUDE - KILL COMPETITION

Though this Blog is for Indian Companies the following passage is applicable to all the Companies worldwide.

Charles Darwin proposed the theory of 'survival of the fittest' to explain evolution. I do not know when and how it came to be applied to the Corporate world. The buzz of the corporate world seems to be the slogan 'kill competition'. In laws governing lives of human beings, any person who thinks of killing another is nothing less than a murderer. How then a Company, which is essentially a group of people, can be absolved from the interpretation of this law?. Instead the thought should be one of 'Live and Let Live'. This does not mean that one should relax and expect things to happen. Work, one must incessantly. The work so carried out should be for the common benefit of the society on the whole, without prejudice to a single individual. Such a work being carried out must be pure, selfless and above all there must be total quality in the work. Extrapolate this to a group called Corporate and there you have the makings of an ideal Company. After all we are all human beings who should support each other. That is why we are endowed with a sixth sense unlike animals. Any corporate philosophy centered on the principle of 'survival of the fittest' is only satisfying the greed of the individual or a group of them.

MANAGEMENT INDIAN STYLE

The best way to introduce a new product is to copy a competitor's product. R & D is so expensive nowadays.

If a customer wants a new product, best thing is to get into a foreign collaboration or technical tie-up with a manufacturer who is already making that product.

The rewards are not to be given. If some deserving employee wants them, let him ask for them.

In a team, an individual can blunder and get punished for it. But if an individual performs, the whole of this team should get the credit.

Appoint only MBAs to Management positions. Others do not have common-sense.

Never aim for a perfect service to a customer. Otherwise they will not know your value.

When a paper comes to you for action, do not keep it. Pass it to somebody immediately. You should not be caught acting on it.

Delegation is to simply pass the buck. Let somebody, your junior, break his head on the problem. Why bother?.

Do not try to impress your boss with your work or performance. Instead try to please him and you may get all you want.

INTRODUCTION

In recent times Indian Companies have made great strides. After being a socialistic democracy soon after the Independence till the 80s, Indian Companies have made rapid changes post-liberalisation and grown to admirable proportions. The TATAs, the Ambanis, the Mittals, the Birlas and other homegrown entrepreneurs have become International achievers. Many Multinationals have made entry into the Indian Market driven by dwindling economies in their own countries. Now the great Industrial Houses of India are rich enough to take over well-known foreign companies such as Tetley Tea,Arcelor and others. But these developments are far from perfect and there are also ills and dangers looming large. In subsequent articles I plan to pen down the achievements and threats for readers to think about.