india unbounded

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INDIA UNBOUND BY: GURCHARAN DAS : 

SPEAKER :VINAY VASHISHTHA INDIA UNBOUND BY: GURCHARAN DAS

CHAPTERS : 

CHAPTERS OLD MONEY THE RISE AND RISE OF A MIDDLE CLASS MODERN vs WESTERN SOAP WARS CONCLUSION

NEW vs. OLD : 

NEW vs. OLD NEW knowledge-based. Globally competitive. Talent & managerial skill based. Believes in superior service. OLD Family business houses. Hopelessly diversified. Inherited wealth based. Believes in cost reduction only.

WEAKNESSES : 

WEAKNESSES Inability to separate ownership from management. Lack of focous and business strategy. Insensitivity to the customer. Short term approach to business. Family owned and family managed. Absence of investment in employees and in product development. Lack of attention to training.

MANTRA TO SUCCESS : 

MANTRA TO SUCCESS Massive investment in human resources. Passion for product improvement. A deeply caring attitude for customer. Must be able to professionalize. Separate ownership and management. Capable of recruiting and retaining outside professional talent.

OLD MIDDLE CLASS : 

OLD MIDDLE CLASS They were tolerant, secular and ambiguous. Based on education and merit. Class alienated from the mass and unsure of its identity. Old class was liberal, idealistic and inhibited

RISE AND RISE OF MIDDLE CLASS : 

RISE AND RISE OF MIDDLE CLASS Class based on money. They want politician and bureaucratese out of economic life. They want India to open up and join the world. They want latest technology and our rupee to be convertible. In short they want India to become and behave like other successful nation.

STRENGTHS : 

STRENGTHS Refreshing free from colonial hang-ups. Full of energy drives. It is non-ideological, pragmatic, result oriented. Youngster are self assured, optimistic, confident about future.

CHANGES : 

CHANGES Pushing the politicians to liberalize and globalize. Self government and economic freedom are its objectives. Know how to maneuver the system. There is less hypocrisy and more self confidence.

MODERN vs. WESTERN : 

MODERN vs. WESTERN Our continuing inability to distinguish between the ‘modern and western’ is the cause of our grief. The verbal confusion makes us ambivalent about foreign trade and investment. Makes us clamor for protection in a globalizing world. Slows our response to economic reforms.

WHAT IS MODERNIZATION : 

WHAT IS MODERNIZATION Universal and critical way of thinking which belongs to all rational, civilized human beings. Genuinely modern we had to be concerned with improving society. Modernization offers the only opportunity for the majority of our people to raise themselves to a decent standard of living.

DILEMMA OF MODERNIZATION : 

DILEMMA OF MODERNIZATION It is something negative or western. Fear of loss of Indian tradition, culture, and way of life. Seeks to protect the interest of a few thousand industrialists. Swadeshi promotion.

SOAP WARS : 

SOAP WARS

MORAL OF THE STORY : 

MORAL OF THE STORY One needs a deep understanding of consumers and their needs. One needs to keep innovating. One must never underestimate a competitor. The best way to know a company’s character is to compete against it.

WORD OF ADVISE : 

WORD OF ADVISE

FOR BUSINESS HOUSES : 

FOR BUSINESS HOUSES Before 1947, it could blame the British Raj, after 1947 it could blame the over regulated licence Raj. Now after 1991 economical reforms, it has no one but itself to blame. Success comes not from doing what others do, but from doing what others cannot do.

FOR SWADESHI FOLLOWERS : 

FOR SWADESHI FOLLOWERS We would not suffer quite as much if we conserve our energy for better things rather than waste it on Swadeshi, Hindutva, national language debates, and other futile activities.

FOR POLITICIAN : 

FOR POLITICIAN Privatize our public sector. Open up trade in agriculture. Get rid of reservation. Move to a single VAT tax system. Allow foreign investment.

CONCLUSION : 

CONCLUSION The vadic adge ‘knowledge is wealth’ sums up the Indian opportunity in the new century The most powerful way to harness human capital is through education. Sustained success in knowledge economy will require greater attention to education.

ICE MANTRA : 

ICE MANTRA I= Information technology. C= Communication and telecom. E= Entertainment and media services.

CONCLUSION : 

CONCLUSION Self-interest has always been the basic motivator of individuals and classes. In denying this basic truth about humanity we embraced treacherous ideologies and failed economic policies. We do not want to repeat those experiments.

THANK YOU : 

THANK YOU