Summary of The economic times 20012013
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Transcript of Summary of The economic times 20012013
Rahul
Pratap
Singh
Kaurav
The 6 Corporate Species
Malini Goyal
The Economic times in MAGAZINE
[January 20-26, 2013] pp. 12-14
MNC CEOA-listers all their life, they are elitists coming from top colleges with an
inflated sense of self. Hierarchical and brand-conscious, they choose
their company, words and moves very carefully. Working for MNCs with
big infrastructure, they are used to a big support staff.
Habitat: Can often be found at corporate lounges at five-star hotels. Are
globetrotters, making frequent trips to the MNC HQ and many global
off-sites
Expert at: They are smart extroverts with a slight accent and great
networking skills
Idea of a Holiday:Only exotic, top-end foreign holidays in quaint, offbeat destinationsCurrent State: In a happy, enviable state in a relative sense, particularly when their counterparts in other countries are battling economic slowdownMood Code: Up
slowdownMood Code: Up
Sarkari Babu
Sahibs have lost some of their charm but they still enjoy enormous power and perks. They relish and flaunt things that money cannot buy and are out of bound for the aam aadmi — eg a car with red beacon, VIP passes for Republic Day parade, a midnight tour of Qutab Minar. Batch-conscious, they size each other up within seconds of meeting to establish the hierarchy.Habitat: The smartest ones are likely to reside and work in Lutyens Delhi. North and South Blocks, Gymkhana Club, Delhi Golf Club are their likely hangout spotsExpert at: Have a great 360° view of how India operates. But their speciality lies in knowing how not to take a decision and pass the buckIdea of a Holiday: They would ask the batchmate posted in tourist destinations like Goa to book that sea-facing suite in the PSU guest house at some ridiculously low rate. Or swing an international official trip and have a blast while “at work”Current State: In paralysis with sword of CBI-CVC-CAG dangling over themMood Code: Down
Desi CEOThey are go-getters who have risen up the ranks
and know how to get things done, never mind the
means. Flexible and ego firmly under check, their
moves may often appear opaque and
unpredictable. It is not them — it is the promoter
boss, their veto power and the firm’s work culture.
And, yes, the stinginess that you spot on issues like
bathroom tissue rolls and travel allowance is part
of their DNA.
Habitat: Often found at the corporate HQ hard at
work. They can also be often spotted at the
chairman’s office or residence discussing some
important matter, at odd hours.
Expert at: Managing ambiguities and
‘environment’, they are go-getters great at
multitasking.
Idea of a Holiday: What’s a holiday?
Current State: Short-term gloom as policy paralysis
hits India Inc. But long-term optimism intact
Mood Code: Up
Jholawallah CEOPassionate about what they do, work is their life.
Understated and casual in their appearance, they are more
democratic and accessible, unlike most CEOs. Many of them
come from elitist backgrounds, know what wealth and
consumerism is and have chosen to shun it. FabIndia, Anokhi
are some of their shopping joints.
Habitat: Often found working with the grassroots. Easily
spotted at Delhi’s India International Centre or protesting at
Jantar Mantar or social networking websites, venting their
anger Expert at: Can straddle multiple worlds with ease.
Hands-on and extremely grounded, can hold a conversation
as comfortably with a vegetable vendor as with the CEO of a
topnotch MNC donor
Idea of a Holiday: A friend’s farmhouse in India, trekking in
the Himalayas, volunteering in a wildlife sanctuary in Kenya
Current State: Rainbow-like — happy (about the success of
Anna Hazare, Arvind Kejriwal), sad (about the obsession with
GDP-led growth gaining traction) and anxious (about drastic
cuts in foreign funding)
Mood Code: Optimistically anxious
The FRI
(Foreign-
returned
Indian)
Perpetually anxious, they are of two distinct
types — one comes with a know-it-all superiority
complex and the other is mentally prepared to
deal with all hardships. Keenly aware that
opportunities lie in the east, they are
desperately trying to fit in. MNCs are an obvious
choice but some are also finding courage to work
with smart Indian entrepreneurs.
Habitat: Well, they are still finding their feet in
India and do not have a defined habitat yet
Expert at: Global citizens, they are well-heeled
and have a good global view of managing the
corporate world. Well-versed in the MNC way of
doing things, they know global best practices
Idea of a Holiday: Go back home (countries
where they lived) and reconnect with their past.
Some do the opposite — go on a discover-India
journey
Current State: Perpetual outsiders, they are
anxiously trying to fit into a country they belong
to and yet don’t
Mood Code: Up & Down
Footloose
ClimberThey grew rapidly over the past decade, moving from one sunrise sector to another, finding new opportunities and positioning themselves well to land plum jobs. Sectors like insurance, telecom, retail absorbed many. A by-product of India’s growth story, they saw meteoric rise and fat pay packets as their businesses boomed. But many are struggling now as slowdown has changed the game.Habitat: Wherever they can networkExpert at: Great opportunists and networkers, they spot opportunities and land them. Extremely flexible and nimble, they can handle change with easeIdea of a Holiday: Google what’s the newest hotspot where all the big CEOs are headed and then book ticketsCurrent State: Restless — looking for the next sunrise sectorMood Code: Down
Come Together | Kumbh Mela
The Economic times in MAGAZINE
[January 20-26, 2013] pp. 16-17
Is the Swiss Bank Snking
Bennett Voyles
The Economic times in MAGAZINE
[January 20-26, 2013] pp. 18-20
Reshmi R Dasgupta
The Economic times in MAGAZINE
[January 20-26, 2013] pp. 30