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IIMB Management Review

Document Type

Article

Abstract

With  the  world  on  the brink of developments that  are  transforming  the way people transact business, the time is appropriate for reflection on many fundamental issues that Indian organisations have to deal with in the next couple of de-cades. Increasingly, countries in the developed world are acknowledging  Indian  software  talent,  the pool  of  engineering  and  R&D skills.  In fact, a World Bank re-port in the mid-90s predicted that India was  poised  to  become  an economic superpower. However, unless sustained, strategic and collective efforts are made,  and Indian companies reinvent them-selves  to  prepare  for  the  new challenges, India will miss out on Ten Commandments for Organisational  Renaissance this opportunity, just as it missed the  manufacturing  boom  of  the early  90s  because  companies could not gear up fast enough to meet  the  challenge  of  producing world class products on the qual-ity and cost parameters. It is our firm belief that corporate renaissance will be  possible  primarily through a shift in strategic thinking   and   approach   and   by galvanising people power.

Publication Date

3-1-2002

First Page

9

Last Page

26

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