Contemporary Indian Management Practices in the Dynamic Emerging Market Economy
Keywords:
Indian management thoughts, emerging market economy, managerial practices, Indian culture, contemporary Indian business, economic growth, emerging companiesAbstract
The paper deals with successful Indian management practices in the rapidly growing Indian emerging economy. The focus is on the connection between culture, management, business and information and communication technologies (ICT). Specific aspects and challenges of Indian management are analysed in the context of comparative management, in a complex global environment. There is also a focus on the roots of success and business performance of prominent Indian companies. The analysis is based on relevant new data. The importance of identifying business opportunities by managers and developing innovative business models is explained from the aspect of the predicted rapid growth and sustainable development of the globally oriented Indian economy in the future period.