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Business & Strategy

 
Created by : Namrata Pathak, Accounts Manager, American Express  | 09 13 2010 08:19:25 +0000
Industry : Asset ManagementFunctional Area : India(Markets)
Activity:  413 views;  last activity : 09 20 2010 18:40:23 +0000

Is India beginning to look arrogant because we were the one's hwo survived the crisis and we continue to be quite a domestically driven economy mostly, and hence survived the crisis, whereas the world market struggled to do business.
So, Please do share your views on the same??

 
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I think yes India has become arrogant, and little arrogance is good for us....yes we survived recession as we have a huge domestic market, and we somehow managed with less stimulus package and now things are looking bright for us at the moment, there are talks that India can remain immune even if it stops outsourcing deals happening to India. India at the moment has a sense of confidence which is like takes into account of overall things....


By Namrata Pathak, Accounts Manager, American Express  09 13 2010 08:19:25 +0000
 
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Mr.Namrata I would like to differ from your opinion. This does not mean that India is arrogant but shows the level of confidence to meet any type of challenges.


By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  09 19 2010 16:48:03 +0000
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Long way to go. It is not sufficient to have big market to surive. Manage the Assets such as finance, Machinery,amd most importantly  Human Resouces(I would like to call Human Resouces also as Asset as it requires great balancing , human touch.) Even though u have Money, Market , product without proper HR management it is impossible to survive in the long. I would like to add one more line. Human Resources should be HANDELED WITH CARE as HR is torch bearer  for keeping up thr tempo of growth.


By malladi madhukumar, Senior Manager- Marketing, Cement company  | 09 19 2010 23:18:47 +0000
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Namrata I am in agreement with you. Arrogance helps, if it is needed. We are arrogant today for our accheivement.


By Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 09 14 2010 06:09:46 +0000
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India is under the impression that, we survived the crisis on account domestically driven economy but, are trying to ignore the driving force behind all this. Had there been no & IT+ITES & Outsourcing sector, imagine the scenario without this sector then our growth is negative. Major consumption is in and by these sectors and allied and or ancillary activities as well as the direct & indirect employment generated by the same. Therefore, Arrogance for no achievement of our own may make India vulnerable.


By Arun Chandra Satsangi, Freelancer  | 09 13 2010 09:47:57 +0000
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a LITTLE arrogance does help in making others take you seriously!!

 

The question is how to keep it LITTLE?

 

As far as domestically driven economy, if you give it some thought, you will realise that it is a fate of all economies in the service sector.


By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 09 13 2010 08:37:27 +0000
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Thanks Mr. Badri N Srinivasan and you have put it in a nice way.

 


By NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd  | 09 20 2010 18:40:22 +0000
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Thanks for the referral, Natteraja....

India has a long way to go before it can be bracketed in the category of high handedness. Surviving a crisis demonstrates confidence, resilience and an ability to withstand tremors.

In a parallel context, despite the overt and covert measures adopted by the neighboring countries to destabilize the nation, there have been no major high handed steps adopted by us to curb such actions.

Thus, India as a country is to be viewed as a country that is confident and able to withstand any major tremors....


By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 09 20 2010 09:15:31 +0000
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Hi Arun, you are right that outsourcing sector is major part of it. But nobody is doing this for favor. It is business. 

Why do people outsource to India even after some governments are making tons of rules and arrangements for not to outsource and give job to their own citizens? After-all hard work pays. We deserve much more returns than actual. It is only flexibility that we are accepting it as it is and still surviving.

If we think other-way round, more the laws are made against outsourcing, more our people need to work hard and people who outsource to us are real beneficiaries of this cycle. They know business and obviously think of profit all the time. Where does overall % of benefit goes? And then also we are surviving. We all deserve to at-least celebrate this.


By Sujata Salunkhe, Consultant, VxtIndia  | 09 18 2010 13:27:25 +0000
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 Hi Arun, you are right that outsourcing sector is major part of it. But nobody is doing this for favor. It is business.

 Why do people outsource to India even after some governments are making tons of rules and arrangements for not to outsource and give job to their own citizens? After-all hard work pays. We deserve much more returns than actual. It is only flexibility that we are accepting it as it is and still surviving. 

If we think other-way round, more the laws are made by some countries against outsourcing, more our people need to work hard and people who outsource to us are real beneficiaries of this cycle. They know business and obviously think of profit all the time. Where does overall % of benefit goes? And then also we are surviving. We all deserve to at-least celebrate this.


By Sujata Salunkhe, Consultant, VxtIndia  | 09 18 2010 13:25:14 +0000
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i wouldnt term it 'arrogant' but we are more easy with our environment which gives us a better platform to voice our views and concerns..whether we are heard or not is another issue. Hope we dont get carried away with this new 'confidence'
By Kiran Sethumadhavan, Partner, Sunrise Associates  | 09 14 2010 12:43:31 +0000
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We are getting a bit more confident - for example the IT industry top honchos response to the Ohio outsource ban. I believe that we need to be far more confident to be a world-class economy, but that takes vision, effort and time... Performance up to about 2 years down the crash is not enough - excellence also demands consistency amongst all stakeholders.

Sorry, but I'm not clear why you say arrogant Namrata - that word has a negative shade. What did we do to be called arrogant? If we did anything like that then surely a course correction is called for.


By Rajib Bose, Top Mgmt Manager/Sr. Manager, Sigma Consultants P Ltd  | 09 13 2010 12:22:29 +0000
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I REFUSE TO ACCEPT THIS... IT WOULD BE STEP MOTHERLY TREATMENT, almost like ( their Blood is Blood & our Blood is Water ).

WHAT IS ARROGANCE IN THIS ? We are simply gpoing ahead & progressing in Business. I am still waiting for the day when 1 INR will be Equal to 50 DOLLARS.

Maybe we shall have this debate then.

Right now it is futile. Lets work hard & go ahead n ahead n ahead...    


By Naushad H.L., Creative Director, MAD COMMUNICATION  | 09 13 2010 10:47:21 +0000
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