{"id":10149,"date":"2011-05-22T12:00:00","date_gmt":"2011-05-22T12:00:00","guid":{"rendered":"https:\/\/www.hinduismtoday.com\/hpi\/2011\/05\/22\/what-the-west-can-learn-from-india\/"},"modified":"2011-05-22T12:00:00","modified_gmt":"2011-05-22T12:00:00","slug":"what-the-west-can-learn-from-india","status":"publish","type":"post","link":"https:\/\/www.hinduismtoday.com\/hpi\/2011\/05\/22\/what-the-west-can-learn-from-india\/","title":{"rendered":"What The West Can Learn From India"},"content":{"rendered":"<p><a href=\"http:\/\/clomedia.com\/articles\/view\/4251\">Source<\/a><\/p>\n<p>INDIA, May 5, 2011: While the United States struggles to right itself from the worst economic crisis since the Great Depression, the Indian economy steams ahead with an annual growth rate of more than 9 percent. How did India sidestep the financial meltdown as supposedly more sophisticated operators in the U.S. stumbled?<\/p>\n<p>Indian leaders have a different business model &#8211; the India way. Indeed, the joke in India is the economy grows while the government sleeps. Companies there succeed despite a significant lack of public infrastructure.<\/p>\n<p>The Indian economy is not driven by low-wage manufacturing operations. It rides on the success of big corporations increasingly competing and winning in human capital-intensive industries such as pharmaceuticals, business services and IT, which have long been seen as the preserve of the West.<\/p>\n<p>The India way takes a different approach to management and strategy. Differences begin with leadership: Indian business leaders are deeply involved in solving societal problems. Hindustan Unilever&#8217;s Project Shakti, for example, used the principles of microfinance to create a sales force in some of the subcontinent&#8217;s most remote regions. <\/p>\n<p>Some of this doing good for society is necessary to do business in a country with massive problems and a government that cannot solve them on its own. Some of it comes from a long-standing tradition of corporate philanthropic giving and Hindu principles around service.<\/p>\n<p>more at source.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source INDIA, May 5, 2011: While the United States struggles to right itself from the worst economic crisis since the,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10149","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/10149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/comments?post=10149"}],"version-history":[{"count":0,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/10149\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/media?parent=10149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/categories?post=10149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/tags?post=10149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}