Industry okay with expat Tata leader, but swears by cultural fit
Proud Indians who were earlier boasting to the world about a Muslim President, Sikh Prime Minister and an Italian-born leader of the ruling coalition got another reason to coo about India's diversity this week from Ratan Tata, chief of India's second largest corporate group by market capitalisation.
In an interview to a foreign daily, Tata said he was open to the idea of an expatriate heading his diversified group, itself a product of India's freedom struggle and the Swadeshi (use-only-the-local) movement. But industry captains and experts are not surprised, considering the $70.8-billion (about Rs 3.25 lakh crore) group's culture and "rich diversity".
They believe the Tata culture would as the deciding factor for any leadership from outside the company . Janmejaya Sinha, chairman for Asia region of The Boston Consulting Group,
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In an interview to a foreign daily, Tata said he was open to the idea of an expatriate heading his diversified group, itself a product of India's freedom struggle and the Swadeshi (use-only-the-local) movement. But industry captains and experts are not surprised, considering the $70.8-billion (about Rs 3.25 lakh crore) group's culture and "rich diversity".
They believe the Tata culture would as the deciding factor for any leadership from outside the company . Janmejaya Sinha, chairman for Asia region of The Boston Consulting Group,
To read the full article, click here...
To read the ePaper, visit: http://epaper.financialexpress.com
posted by PressMart Team at
11:34 AM
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