People Management: How India Does It Better

Many leading companies in India have achieved double-digit growth over the past two decades – and their robust results continued throughout the global financial crisis. Research suggests this may be due to Indian employers' superior human resources (HR) practices that avoid much of the short-sightedness embraced by Western capitalism. Indian executives focus on ensuring they bring together people management with business strategy and assiduously track HR performance within operations. But that's not all. The researchers believe their most telltale findings concern what the 100 Indian business leaders surveyed unerringly failed to mention. No one spoke of the need to cut costs although many are outsourcing key parts of their operations.