How India’s Executives Are Changing The World’s Economic Axis
Senior business executives in India are rapidly transforming their country – and many companies based there – from an outsource economy to a major global competitor.
“The appeal of the Indian executive has moved to a higher level and it’s no longer just about cost advantage,” says Chris Clarke, president and CEO of Boyden World Corporation, which has been in the business of global executive search for more than 60 years.
“Their education, business acumen and the rise in the quality of Indian management are impressive,” Clarke adds. “Today multinationals seeking to recruit Indian executives face a new challenge in that it’s not a foregone conclusion that they will leap at an offer outside India.”
Clarke’s comments highlight some of the findings of the global search firm’s recent analysis of the growing talent issues in emerging markets such as India.
Especially essential for entrepreneurial companies’ recruitment of Indian executives is a recognition that candidates will want particular assurance that the intellectual property they help build for their new employer will not come under threat.
“The future for India is truly exciting,” says Boyden’s Chris Clarke. “But those inside and outside India will only share in India’s success if they understand and nurture the talent that lies at the heart of India’s growth phenomenon…”
