Indian Business values getting westernized!


There was time when emplyees used to work in the same company for years! I am sure many reading this blog would relate to this in the sense that our previous generation was such. My father had just one employer all his life the Ministry of Defense and he retired there. It used to be pride to put in more years of service and came with a great sense of self accomplishment. Changing jobs was looked upon as inefficiency. But gone are those days, we are changing jobs and hopping on and off corporate pedestals like they were merely a passing station. If you are not changing jobs every 2 years you are considered non-ambitious! Whew! what a definition!

And so has the corporate culture! Employers were intrested in establishing a personal relationship and decisions were based on people and not always by money. But we live in changing times, business decisions are led by money prospects and that alone. Consider this in 1980 the average life of a job applicant was 8 years and in 2007 it is 1.9 years!

Retrenchment was something unheard of years earlier! Either a company shutdown, but never fired people to stay afloat… Firing was always the last resort. But off late it seems to be the obvious default.

Our current policies are the same Enron , Lehman Brothers or the MG Rovers adopted years ago and today don’t exist on the business map and we are rushing to tread the same path.

Longlive capitalism and i am follower myself but if this is the brutality of it! then we may want to reconsider our cards! India stands for sure, at the cross roads where one path is set and takes the path westerners took centuries ago and the other that it could create on its own! But it is the choice of the future of India! which is the current generation! that is educated! that currently holds the apatehtic attitude towards its leaders and politics that will determine which path has its way!

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