The Growing Global Prestige
of
The Indian Universities!
Respectful dedication to the Great Students and Universities of Ireland
In a recent study of Standard and Poor 500 companies, it was found that Indians are scaling Corporate heights. The data suggested that more Indian CEOs than any other nationality except American. Indians lead seven ; Canadians, four. And among the C-suite executives in the 2009 Fortune 500 were two mainland Chinese, two North American Chinese and 13 Indians, according to a study by two Professors from Wharton and China International Business School.
All of this makes perfect good business sense because if you look at companies like Pepsi or HP or IBM, a huge chunk of their workforce is sitting and slogging it out in India. So, for Multinationals it is a non brainier to groom leaders who are experienced in Asian psyche and markets. In addition, China and India are also of future profits for the multinationals, so they would very much like that their operational heads come from them.
All this maybe a great research from !WOW! but one other main reason could be that Indian Universities have started producing the right work force. And this workforce grew up speaking English, the global business language. In the Education field competition in India starts early as students vie for admission to the state funded ''Indian Institute of Technology and the Indian Institute of Management. The system it seems produces a self selecting and highly disciplined elite for the real world opportunities. There are tales and folklore of children starting to study at early ages for exams of the future, even a decade later." Observes Signe Spencer, the co-author of ''The Indian CEO'': 'People in India think Harvard and MIT are second choices and IIT is their first.
''But this is a bit of extra tooting. Ajay Banga/Citigroup and an IIM alum doesn't agree, ''I would have given my right arm to go to Harvard or MIT!'' Haha! Oh dear! But be that it may, there's a spartan quality to these two Institutions, including shabby buildings and tiny tiny dorm rooms. Only a few years ago 1500 IIT Faculty members went on a fast protesting their low pay.
But what these institutions lack in glamour, they make up in accomplishments and global focus with boldness. Getting hundreds and thousands of students compete for just 2 to 3 thousands of admission openings is some exercise in ego building.
INSEAD's Dean, Dipak Jain sums up best, ''we have the training to deal with complexities!''
True, Sir! Very True!
God bless and Good Night
SAM Daily Times - The Voice Of The Voiceless
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