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The New Manager

Leaders in the making


th
35 National Management Convention
Theme Paper
4
Paper authored by
6
Manish Agarwal, with
inputs from Parag
Saigaonkar and Chris
Gentle. The following
also contributed to the
8
paper:
Ishika Aggarwal
Ashwin Assomull
Sandeep Chandola
Srinivasan Komanduri
Arsh Maini
Anupriya Nayyar 11
15
Satish Raghvendra
Shobha Ramaswamy
Arvind Vijh
Sameer Wadhwa

Contents
Executive Summary 2

Introduction 4

The Indian Manager Pre-liberalization 6

Forces Shaping The Indian Manager Post-liberalization 8

Characteristics Of The Indian Manager Post-liberalization 11

Future Indian Manager Challenges Ahead 15

A Case Study - Deloitte India Initiatives 18

Conclusion 20
The New Manager

Executive Summary
India is at the cusp of significant
economic changes which have and
will continue to present both
opportunities and challenges. The
"New Indian Manager" will need to
scale up and broaden competencies
and skills as the globalization and
competitiveness of Indian business
continues. In our view, there are six
key characteristics of the new Indian
manager that will require significant
scaling in months and years to come
in order to keep pace with the
changing business needs.

They are as follows:

a) Ability to continuously learn and


be an ambitious manager

b) Ability to work in teams

c) Ability to operate with a global


outlook in the new economic
context

d) Ability to innovate

e) Ability to emphasize on
productivity and efficiency

f) Ability to manage a diverse set


of stakeholders

The new talent management model


will need a shift in outlook where
the paradigm of “scarcity of jobs”
will yield to the new paradigm,
which is “scarcity of talent”. While
this trend has started, there is still
much more to come. This shift will
require companies to align their
talent management models in a way
that accommodates the demands of

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The New Manager

the new generation, for example, flexibility in the way


they operate, structuring work in a way that aligns to
individual interests and capabilities. The performance
measurement for this workforce will be driven by value
addition and innovation rather than just productivity and
efficiency.

This paper sets the context in which the new Indian


manager is operating. It traces the paradigm shift that
occurred in 1991 as a discontinuity resulting from the
national agenda of reforms. It delves into the
implications of the upward trend of India's cross border
mergers and acquisitions (M&A) that has grown at a
CAGR of 75% from 2000 to 20071. It examines the forces
impacting the Indian manager post liberalization and the
emerging skills, talents and characteristics of the new
manager. It then takes a forward looking view of what
competencies will be required to continue to attract,
retain and develop such talent.

While the needs of business have evolved, the needs of


the new talent landscape are also shifting. Companies
are struggling to win the “war for talent”. Management
is coming to realize that the Baby Boomers, Generations
X and Y have indeed very different needs and ambitions.

Deloitte India is pioneering talent management concepts


that in parallel are preparing managers to be successful
in this new paradigm while at the same time designing
career models that support the diverse needs of the
current talent pool. This paper concludes by highlighting
some of these initiatives.

1
India Brand Equity Foundation

3
The New Manager

Introduction
The Indian economy has seen a shift from an agrarian to manufactured or serviced in different parts of the globe
a manufacturing and a services base. in a way which optimizes the cost and quality of goods
and services. For instance, Dell manufactures a PC with
In the old manufacturing economy the value proposition
components made in Taiwan, assembled in Malaysia and
of the firm was embedded largely in the capital outlay,
sold in the US. A credit card transaction which originated
ability to maneuver around regulation, political
in the US is processed through a global network in India
connections, utilization of physical assets and effective
with a customer service component manufactured in
cost control. The new economy of today thrives on a
Manila. Culturally, companies that operate in a
different set of variables like intellectual property, brand,
transnational environment will build working conditions
reputation, customer relationships, and service/product
under which people from all nationalities feel that they
differentiation. In the old economy, the employer needed
have an equitable stake in the corporation. As economics
to find a compelling reason to hire a manager. In the
is increasingly driving politics, the notion of a nation
new economy, the manager needs to find a compelling
state is receding, allowing for economic integration as
value proposition from the firm to accept an offer.
witnessed in EU formation and other trading
Globally, the world has changed, impacting business. arrangements across the globe from ASEAN to NAFTA.
Many large companies are no longer national as their
Mergers and acquisitions have seen a rapid increase over
supply chains operate globally with components getting
the last 20 years and this trend is likely to accelerate

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The New Manager

further. The trend of Indian companies making overseas


acquisitions has accelerated and we are seeing deals of a
billion US dollars or larger in industries as diverse as
automotive, steel and tea. Indian outbound deals (Indian
companies acquiring companies outside India), which
were valued at US$ 0.7 billion in 2000, increased to
US$ 4.3 billion in 2005, and further crossed US$ 35
billion-mark in 20072. Investments have been made in
various sectors including metals, pharmaceuticals,
industrial goods, automotive components, beverages,
energy, mobile communications, software and financial
services. Pharmaceuticals, IT and energy have been the
most prominent ones among these. Indian IT companies
like Tata Consultancy, Infosys Technologies, Wipro and
Satyam have been buying smaller IT service outfits in
Europe, Latin America, and Asia to gain global customers
and reduce the reliance on the U.S. market. Kotak
Mahindra estimates that Indian companies have US $300-
350 billion available for acquisitions.

In terms of talent, earlier a manager would expect to get


a job in one company and would tend to work at that
company until retirement. Today there is a high
probability of the company getting bought or sold many
times over during his working life. Beyond the changing
ownership of companies, young talent has difficulty
seeing a career beyond a few years. This makes retention
and development increasingly difficult. Managers need
to become motivators, psychologists and mentors while
at the same time drive business results.

The manager has to adapt to different types of


management styles and employee expectations as a
result of such mergers or acquisitions and generational
expectations, and operate in a context that is not bound
by national borders. 2
Source: India Brand Equity Foundation

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The New Manager

The Indian manager


pre-liberalization
The transition of the Indian economy
from a 'command and control' to a
market driven economy, has created
a need for managers with
capabilities and expectations not
known in India from 1947 to the late
eighties. In the regulated economy
there was less need of management
as we understand management
today. In the private sector, the
requirement was more to operate
through a complex set of “non-value
added” rules, handle recalcitrant
labor unions affiliated to political
parties and execute instructions as
handed down the hierarchy of the
organization. This often meant that
the manager was not part of the
decision making process, his only
responsibility was to execute and
operationalize.

Some examples of these restrictions


included:

a) The quantity of production an


enterprise could undertake was
limited. Enterprises were licensed
the maximum production they
could undertake. Even if demand
surged, the enterprise could not
expand capacity or production
until regulatory approvals were
taken. These approvals were
cumbersome and time
consuming.

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The New Manager

b) Imports were severely restricted competitiveness of the organization.


due to foreign exchange
There were exceptions, such as the
constraints and an underlying
Indian space program, the nuclear
government mandate that India
program and the missile
needed to be an import-free
development program, which
economy. This permeated to the
operated under technology denial
extent that even travel abroad
regimes and were yet able to achieve
for senior managers required
reasonable results. Innovation in
cumbersome approvals to get
these areas came primarily because
foreign exchange. Import
they were largely left untouched by
barriers were also built in the
bureaucratic rules.
form of high tariffs and duties on
imports. In essence, behaving Since a lot of effort was spent
globally was shunned. navigating through regulatory
requirements, managers had little
c) Labor laws became barriers to
time to focus on innovation. The
labor exit which meant
creativity of the manager was
enterprises could hire people but
focused on managing the external
not fire them. This also acted as a
environment and essentially
barrier for entrepreneurs and
supervising employees.
capital to move from one
industry to another. Further, it There were limited opportunities to
emboldened the labor unions interact with people outside India. In
which were very powerful and addition, telecommunications
could bring production to a services, which were government
standstill. A large part of owned and had no competition,
managerial time went into were very expensive. This
managing industrial relations. encouraged centralized decision
Also, employees essentially making.
became employees for life.

After Independence, one of the


priorities that the government set for
the public sector was to generate
employment, which impacted
productivity, innovation and
efficiency. The incentive structure in
public enterprises was such that
there was inadequate reward for
enhancing efficiency, productivity or

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The New Manager

Forces shaping the


Indian manager
post-liberalization
Post 1991, the Indian manager was biggest beneficiaries of reforms public sector players like LIC and
impacted by considerable changes in was the public sector itself. GIC. Key talent from these public
the Indian economy and business Managerial creativity was enterprises was hired by
environment: unleashed on many public multinationals that set up shops
enterprises and they were able in India. The same managers
a) Reforms to (some would say 'forced to') now had to operate in
The government attempted to compete head on with private completely different
open up the regulatory companies. BSNL and MTNL, for environments.
environment in a way which example, reflected that trend as
forced enterprises to become they competed with other b) Entry of Multinational
more competitive, albeit players both domestic and Corporations (MNCs)
establishing a roadmap and multinationals. In the fledgling Reforms were also designed to
timelines for their private sector insurance industry, attract foreign direct and
competitiveness to improve managerial talent was drawn indirect investment in the Indian
gradually. Ironically, one of the from the large and established

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The New Manager

economy. This led to entry of a western counterparts and centers which provided IT or
host of multinational learned new management ITES work to their US parent.
corporations into India which techniques and styles which These multinationals
brought in capital, technology, placed a premium on brought in western style
management structures and individual competence, management and the need
styles which rewarded project management, people to network with people
innovation, productivity and skills and teaming. round the globe across time
efficiency. New management zones. Also, a lot of Indian
This trend was further
concepts introduced and managers traveled or
enhanced by a pool of
practiced by these MNCs also worked in the US parent to
Indians who had emigrated
spawned a new breed of Indian understand their culture,
to the US ten to fifteen years
managers. management style and
earlier and were now
values which were then
c) Emergence of Information associated with US
adopted back in India.
companies outsourcing their
Technology
IT contracts to Indian
India started becoming a hub for
vendors. Some of these
IT and IT enabled services (ITES)
people came back to India to
from the late 1980s. Companies
handle projects for their
such as Infosys, TCS and Wipro
parent US companies by
became household names and
starting Indian captive
made a lot of investors very
wealthy. This had a profound
effect on the Indian manager in
many ways.

i. Global customers
Customers for such service
providers were usually from
the US or Europe and
insisted on higher quality
corporate governance in
order to minimize their
vendor risk. They also
pushed vendors to develop
governance structures and
project management
techniques to monitor
project progress. Thus Indian
managers in the IT space
were exposed to their

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The New Manager

ii. Emergence of global and experience of operating the domestic market brought in
Indian vendors in the in multiple geographic their expatriate managers to
markets. The same logic was transplant their technology,
IT/ITES space
applied by Indian IT processes and culture to Indian
As Indian service providers
companies serving operations.
grew in scale and size, the
US/European clients. They
need for superior As Indian companies grew and
created a pool of Indian
management structures and their structures became more
managers who had served
skills to manage the size and complex, they felt the need of
overseas in areas like
complexity of enterprise- making significant enhancement
customer relationship
wide projects became in the investment they made in
management, sales and
increasingly important. training and developing their
onshore project
Indian service providers managers.
management.
started making significant
investments in training their e) Influence of technology
d) Emergence of large Indian
managers and exposing and communication
them to diverse market and Indian
The decade of the 1990s and the
environments. companies achieving new century saw significant
global scale advances in the way people
iii. Global mobility of Indian
The large Indian domestic connected with one another. The
managers market attracted global internet became more accessible,
While the WTO agreements
companies and enabled some telecommunication costs fell
facilitated the movement of
Indian companies to achieve significantly and video
goods and services, it did not
global scale. Large Indian conferencing connected people
provide for easy movement
companies across many as never before. This had a
of labor. Despite this, the
industries including the significant impact on the way
skill shortages in the IT space
automotive, airline, banking, managers collaborated. This
in the West enabled
telecoms and insurance sectors, made interaction across the
movement of management
often brought in global talent to organization easier; reducing
professionals to the US and
run their operations at senior cycle time for product
Europe. The MNCs operating
levels. A lot of these Indian development, new launches and
in India found an abundance
companies were buying project execution. The phrase
of low-cost and high quality
technology and designs from follow the sun became a reality.
labor in their Indian divisions
other parts of the world and had This required the manager to
which after relevant
a clear need for their managers scale up faster and essentially
grooming were ready to
to absorb the new inputs. This operate from any part of the
take up responsibilities of
required that managers had to world. The Global Delivery
their operations overseas.
adapt to work with their global Model was born.
This enabled the creation of
counterparts across time zones
a pool of Indian managers
and cultures. Many of the global
who had a global outlook
companies that were catering to

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The New Manager

Characteristics of
the Indian manager
post-liberalization
Managers Pre-liberalization Managers Post-liberalization
• Knowledge of rules, regulations and • Global outlook
bureaucracy
• Manages innovation and efficiency
• Ability to work in hierarchical environments
• Seeks empowerment
• Need to manage unions on one hand and
• Collaborates across hierarchies, works laterally
bureaucracy on the other
• Impatient with bureaucracy
• Little incentive for innovation, efficiency
enhancement • Expects to be rewarded for outcomes vs. inputs

• Little appetite for risk • Motivator and mentor

• National focus. Little visibility to the outside


world

• Silo focused

a) Continuous learning and the training of their managers to new manager is also less
ambitious manager handle more complex roles. accommodating of the
For the first time in the country's Companies are able to show an company's inability to
modern economic history, there upward career movement to enhance responsibility and
is a situation where the demand managers as they enhance their increasingly becomes more
and opportunities for Indian skills and competencies. The new impatient. At times this is
managers are more than the Indian manager is displaying the putting unreasonable pressure
supply - at least for those who fire to learn and upscale his skills on leadership to manage such
are able to operate in a new in order to stake a claim to expectations.
global context. This imbalance is higher level roles. Given the
There is a trend of people
driving companies to invest in opportunities in the country, the

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The New Manager

building competencies and management graduates who are diverse working teams because
expertise in roles that do not working in the customer service they feel that the solutions
necessarily supplement their function in contact centers. In provided by homogenous teams
educational background. This these cases the only are likely to be less optimal.
was first visible when the complementary skill is customer
The ability to be inclusive is a key
shortage of IT skills forced IT service orientation acquired in
competency for the modern
companies to look for students the hotel management business.
manager. The new manager
from disciplines other than
b) Teaming and collaboration works in a context of diversity -
computer science or electrical
The Indian manager is making a diversity of geographies,
engineering. Today Indian IT
transition from an individual cultures, specializations, socio-
companies have a large reservoir
performance based management economic context, working with
of talent in the core IT function
system to a system which alliance partners, etc.
which is drawn from engineering
rewards and recognizes the
disciplines like mining, textile, Teaming across cultures and time
ability to team with colleagues
metallurgy, mechanical zones is being driven by the
across the globe. The result of
engineering, etc. More recently following factors:
this teamwork is a pooling of
these companies have extended
diverse ideas and resources i. India's export
their recruitment to include
which adds higher value to the competitiveness in many
those from other fields. For
organization. In addition, sectors has gone up
example, in the ITES sector there
several recent studies have significantly. This has created
are companies which have
supported the idea that clients a pool of foreign clients who
created a pool of hotel
are looking for increasingly operate in different time

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The New Manager

zones and cultures. against global best practices. For critical. There are numerous
example, when companies look examples of such innovation,
ii. Relaxing import constraints
for technology, the arena for some of which are outlined
has meant greater level of
scanning for new technology is below:
import by India of
global. Similarly, when looking
technology, skills, services i. Supply of power is a huge
for talent, again the hunt is
and commodities which constraint in the Indian
global. Indian companies are
therefore fosters the need to economy. The cement and
increasingly taking pride in their
work with these vendors. iron and steel industry are
multicultural workforce where
The trend is visible across huge guzzlers of power.
they hire from world class
companies and industries. There has been a noticeable
universities and place them in
trend of reduction in power
iii. Increasingly companies are India. India is also becoming a
consumption in these
sourcing globally, requiring destination for graduates from
industries from 1995-2006 at
managers to deal with leading campuses. It is
a rate of 7.5% per annum
suppliers from across the interesting to note that some of
per unit of cement produced.
world. the graduates at leading US
The corresponding figure for
universities are willing to
iv. Indian companies themselves iron and steel is 3.5% per
relocate to India at a salary much
are suppliers of goods, unit of steel produced3.
less than what they possibly
services and talent to Indian managers have driven
could earn in the US, just to get
organizations around the innovation to get these
the “India experience” on their
world. results.
resumes. Consequently,
v. A large number of managers in India are getting a ii. Transport is a major
companies today are truly chance to work with foreign bottleneck in India due to
transnational. It would be colleagues not only when they poor quality of roads, lack of
difficult to identify them as leave India's borders but also connectivity and high energy
belonging to one country. within India itself. costs. Cement plants are
usually located closer to raw
c) Global Outlook d) Innovation
material sources, limestone
In the earlier section we looked The Indian manager is operating
mines, but then
at the global mobility of Indian in an environment which
transportation costs
managers. The important point increasingly rewards business
substantially increase
to note is that this mobility also results versus inputs such as
because the markets are far
brings a global outlook in the “hours worked”. We have all
from the raw material
mindset at home. Companies read about and/or experienced
sources. Ambuja Cement got
and the new Indian manager are the infrastructure issues facing
around the problem by
looking for best in class ideas India. In such an economy, the
designing “split plants”. The
and expect to be benchmarked need to innovate is even more
initial stages of processing,

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The New Manager

which reduce the weight of vary from global investors, the


the material to be community, suppliers, customers,
transported, are completed regulators, etc. Hence,
at plants located closer to companies have to manage
the mines. The lightweight varied and at times conflicting
material is then sent to expectations. For example, some
grinding and packing plants customers today expect
that are located closer to the organizations to be 'green'; the
market, significantly community expects equitable
reducing transportation costs social development and
and improving corporate social responsibility;
responsiveness to customers. the investors expect good
Managers therefore need to corporate governance. Managers
coordinate across today are expected to deliver on
geographies even in India to these diverse set of expectations.
help companies remain
competitive.

e) Emphasis on productivity and


efficiency
The new Indian manager is
focusing on enhancing the
productivity and efficiency of his
area of work by better
leveraging IT and other
resources. The performance
benchmarks are evolving as the
new Indian manager increasingly
needs to bring a sharper focus on
either revenue drivers or cost
drivers of the firm. Meritocracy
has also taken off and rewards
are increasingly aligned to
delivering tangible results.

f) Managing a diverse set of 3


Source: India: Assessing Energy Security
stakeholders
and Climate Change, Ministry of
Today, stakeholders in companies Environment & Forests, Ministry of Power,
Bureau of Energy Efficiency, Government
of India, 2007.

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The New Manager

Future Indian Manager


The challenges ahead
With the growing talent gap in the Western
world, Indian managers will continue to be
targeted to take on more and more high
value roles.
The future Indian manager is in a sense a “consumer of people across geographies will reduce.
work experience” and will continue to adapt to the Demographics favor movement of labor from
emerging characteristics demanded of the Indian India to the rest of the world. India with its
manager as identified in the previous section. With the intellectual capital and young and vibrant
growing talent gap in the Western world, Indian workforce will be able to export talent to the
managers will continue to be targeted to take on more rest of the world. In the years to come, US,
and more high value roles. The underlying challenge for Europe and Japan are going to see an ageing
the future manager will be to step up to the population and a reduction in available talent
requirements of the new Indian economy while at the and workforce. There is an estimated gap of 6
same time maintaining a healthy work life balance. Some million professionals between the supply and
of the challenges that the new manager will face are: demand of knowledge workers in the US in the
next 5 years. There is already an increasing
a) Enhanced requirement for global outlook recognition of the quality of Indian managers
and mobility and there is every chance of this trend
We have seen how globalization of Indian business accelerating further.
has developed a cadre of managers with global
ii. Acquisitions overseas by Indian companies
outlook and experience. This requirement will now
As large Indian companies seek enhanced scale
be more intense and widespread driven by the
and capabilities, they will acquire more
following factors:
companies abroad. Once new companies are
i. Integration with the global economy acquired in other countries, many Indian
As the Indian economy integrates with the managers will have opportunities to be a part of
global economy, the barriers to movement of the management team of such companies. These

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The New Manager

opportunities will be available to professionals will make them demand a healthy balance between
who have exposure to those businesses and their professional interests and personal goals.
geographies. Hence corporate alignment to work life balance and
accommodating special needs of talent will become
iii. India becoming a hub of innovation an increasingly important priority for companies in
If India is able to become the center of gravity retaining and developing the Indian manager.
for global innovation and creativity in several key
sectors, it will invite a kind of reverse brain drain Increasingly, we see a shift in power between the
wherein some of the best global talent may want organization and the employee. As an employee's
to make India a career choice. We are already negotiating power goes up, we will see him
seeing some global talent willing to relocate to demanding greater flexibility. Companies and
India to get experience here. Increasingly there is managers must learn to deal with this. Organizations
a trend of the non-resident Indian returning to will respond differently to these needs. In some cases
India. companies may respond to the need by devising
creative contractual obligations which will enable it
iv. Foreign Direct Investment (FDI) in India to accommodate such requests without losing
As more global companies outside the US and financially or otherwise.
Europe invest in India there will be a two way
flow of people leading to exchange of ideas and
outlook. The next wave of FDI will come in from
the cash rich Middle East which will seek to
invest in India. In addition, companies from
China and Southeast Asia will seek to capitalize
on the large Indian domestic market by selling
products and services to cater to the domestic
Indian market.

b) Need and demand for work life balance


The “New” Indian Manager is an ambitious lot
willing to go the extra mile to gain career mileage.
However, as they grow in their careers and as their
family expands, many may trade the pace of career
advancement with other interests. With increasing
prosperity some may trade work with more leisure
time for themselves. Already there are instances of
people moving out of competitive careers to pursue
careers which align with social responsibility. This

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The New Manager

c) Movement of labor from the public sector network of resources in the following ways:
Traditionally, the public sector in India has attracted
i. Engagement with leadership
and developed some high quality talent in basic
The new manager will try to engage with the
industries and in the Government. The Indian Armed
leadership to understand their perspectives and
forces, Indian Administrative Service, Defense
the path the company is taking and where he or
Research Development Organization, Atomic Energy
she will fit into the scheme of things. This
Commission, Indian Space Research Organization,
engagement will also solicit new ideas and
leading technical and management universities have
thoughts which the leadership may have
attracted some of the brightest talent available in
developed or is being exposed to. It will serve as
the country. While these organizations are
a conduit of ideas from the manager to the
remodeling themselves in order to attract and retain
leadership.
talent, the pace is not fast enough compared to the
opportunities being presented by the private sector. ii) Connecting with other talent in the
This is leading to an increasing challenge in
company
attracting fresh talent and the migration of current
In the overall scheme of networking, the new
talent to the private sector.
manager will seek to establish connection with
There are more and more instances of IAS officers his or her peers in the talent matrix of the
resigning from service to join the private sector in organization. This will enable the manager to
industries as diverse as real estate and banking. This develop new opportunities of innovation
trend started by retired officers joining the private through exchange of ideas and good practices in
sector. This is also being observed in the case of other parts of the organization.
officers from the armed forces; though they are
bound by stricter rules which act as a barrier to exit.
Some government owned institutions of engineering
and management are also finding it difficult to
attract fresh talent due to opportunities in the
private sector. Even existing faculty in some cases are
choosing to join the private sector.

d) Enhanced focus on developing and


harnessing networks
Changes in methods of communication including the
internet, telecom and ease of travel have spurred
managers across the globe to network and
collaborate. The new Indian manager will be part of
this trend and will need to enhance his or her

17
The New Manager

A case study-
Deloitte India Initiatives
Deloitte India7 has been cognizant of the rapid changes their global colleagues on a day to day basis and also
in the Indian talent market and has moved to align its have opportunities to work in other countries.
corporate outlook, programs and culture to meet the
challenge of attracting and retaining the right kind of c) Learning and development
talent it will continue to need in India and abroad. Some Deloitte India makes extensive investments in the
of the initiatives in this direction are outlined below: learning and development process of its employees
mandating certain hours in a year which are devoted
a) Mass Career Customization (MCC)™ exclusively to formal learning programs. The
MCC is a significant initiative being undertaken by programs are not limited to developing technical
the firm to promote the notion that “one career skills but increasingly include essential soft skills like
model does not fit all”. The pioneering thinking has communications, teamwork etc. A unique concept
been captured in a best selling book co-authored by developed in a couple of our offices is a
Cathy Benko, Deloitte's Chief Talent Officer in the US. Communication Gym, where a personal trainer gives
inputs to improve an employee's communication
This program is rooted in the belief that individuals
skills.
need individualized career choices and the
parameters in which people can choose to either d) Networking and collaboration
“dial up” or “dial down” including the pace of work,
The organization has facilitated networking of its
workload, location/schedule and roles in the
employees by developing a robust Intranet along the
organization.
lines of Facebook, called DStreet, which enables
To attract, develop and retain managers in the people to connect with one another. The program
future, we believe that organizations will need to has been taken a step further by connecting not only
provide career options to its employees which can be people to people but people to content through its
customized. knowledge management initiative.

b) Career growth options e) Corporate Social Responsibility


Deloitte India is working to identify opportunities for The organization facilitates the needs of its
managers to grow in terms of their skill set and workforce to connect on social issues. It provides a
responsibility by exposing them to different framework for its people to engage in various social
functions and work areas by providing transfer programs designed to help the community. It
opportunities. We have designed processes and allocates a day for every employee every year to
procedures which enable continuous dialogue work in the community that they operate in by way
between individuals and counselors to identify and of greening, teaching under-privileged children,
map opportunities. improving sanitation, etc.

The underlying working model relies on close


integration with colleagues around the globe
wherein Indian managers remotely collaborate with

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The New Manager

Conclusion
The dynamics shaping the "New Indian Manager"
changed significantly as India embraced the reform
process in 1991 to ignite the latent potential of the
Indian economy. By and large, these forces have helped
the Indian Manager to develop their competencies and a
global outlook unleashing a wave of creativity and
innovation in the domestic industry. It would be
important to watch how the manager's skill set broadens
on softer skills as the competence on the core domain
enhances.

Also, to what extent will India be able to enhance the


competence level of its young population to make them
employable as this is a challenge that Indian policy
makers will have to deal with in the years to come. Add
to this the varying aspirations of the Generation Y, who is
storming onto the stage looking for different goals than
it's earlier generations. For those who are already on the
right side of digital educational and skill divide the
possibility of creating excellence and making a difference
is unlimited; however, organizations must note that the
recipes of the past are unlikely to work going forward.

20
The New Manager

ALL INDIA MANAGEMENT ASSOCIATION


Presents
th
AIMA 35 National Management Convention

“The New Manager”


30th September - 1st October, 2008
Mumbai

Thank You Sponsors


Principal Sponsor

in collaboration with Knowledge Partner

Bombay Management Association

21
PARTNERS & SPONSORS

Principal Sponsor

in collaboration with Knowledge Partner


Bombay Management Association

Corporate Contributors
HOUSING DEVELOPMENT FINANCE CORPORATION LTD

Academic Partner Business School Partner Print Media Partner

Official Time Keeper Outreach Partner Official Management


Portal

Official Writing Online Partner


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