archive issue: September / October 2011

September / October 2011
In Focus: India
by Stephen Bernhut

No event in the history of India has been, arguably, as liberating as the dismantling of what was known as the License Raj in 1991. A decidedly opaque and archaic system of controls and permits – one that was established in 1947 and that effectively stifled enterprise and innovation – was replaced by a torrent of economic reforms that unleashed a furious surge of entrepreneurial activity and promoted a newfound respect for transparency and good governance.


Read More

features

Silicon Valley to India: Build an innovation ecosystem and good things will come

by Rishikesha T. Krishnan

India’s prowess in business has been powered in no small part by the ability of its entrepreneurs to innovate. Just think of Tata and Infosys, for example. But if the ability to recognize a need or an opportunity to...

Read More

Strategic leadership development: The new frontier for Indian firms

by Ariff Kachra

The need for effective business leaders in India is as intense as it is in most countries. But the path that Indian firms take to develop effective leaders is considerably different than the path followed by American or Canadian...

Read More

What we can learn from high value Indian outsourcers

by Nicole Haggerty

For the past decade, Indian outsourcing firms have talked about ‘moving up the value chain’ as a way of enhancing their service offerings, protecting their outsourcing dominance and increasing their opportunities for profitability. These long-term moves have important implications...

Read More

Indian entrepreneurship and the challenges to India’s growth

by Vishal Jain

The Joint Family Structure, a peculiarly Indian phenomenon, has powered the success of many Indian businesses. But that success has, in turn, been enabled by the broad sweep of economic liberalization in India. That success will continue only if...

Read More

Why aren’t Canadian retail prices coming down? The strong Canadian dollar and the challenge for retail prices

by Ian Gordon

It is rather easy to blame Canadian retailers for in-store prices that are higher here than in the United States. A detailed examination, however, reveals that a retailer has little control over higher prices for everything from books to...

Read More

Reaping the rewards of cross-business collaboration in mergers and acquisitions

by Suzanne Francis and Jonathan Stearn

The success rate for mergers and acquisitions could increase considerably if managers from the two companies jointly developed what these authors call the “merger intent,” a picture of what the combined organization should look like one year later. Readers...

Read More

A case for Conscious Capitalism: Conscious leadership through the lens of brain science

by Srinivasan S. Pillay and Rajendra S. Sisodia

Conscious capitalism is more practical and comprehensive than other corporate philosophies that are based on virtuous behaviour and philanthropy. This is especially so when Conscious Capitalism is viewed through the lens of brain science. Even risk management, for example,...

Read More

Super sovereign: The case for an international sovereign-rating organization

by M.S.S. el Namaki

The recent downgrading of the United States’ credit rating brought into focus the fact that sovereign credit rating is today a largely unregulated industry. While a rating is a prime driver of investment decisions and collateral eligibility standards, it...

Read More

Douglas McGregor – A lasting impression

by Robert A. Cunningham

In 1961, on his second day of classes in the University of Western Ontario’s Graduate School of Business Administration, a young Robert Cunningham bought The Human Side of Enterprise, by Douglas McGregor. The book became a classic and changed...

Read More

The Millennials: A new generation of employees, a new set of engagement policies

by Jay Gilbert

“The millennials,” a wistful F. Scott Fitzgerald might have written today, “are different than you and me.” Managers accustomed to using certain practices to engage boomers are going to have to change their ways - and practices - if they hope...

Read More