They certainly did not know what hit them, when the 
Indian government was compelled by a foreign exchange crisis in the beginning of 1991. It was time to give up the colonial hangover and embrace a new era, where there could be just one route to survival – be the best! This era witnessed a host of first generation entrepreneurs exploring business opportunities. These ultra competitive companies focussed on single sectors, and hence played the core-competence card; a spin taken up even by some ancestral business groups.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
Indian government was compelled by a foreign exchange crisis in the beginning of 1991. It was time to give up the colonial hangover and embrace a new era, where there could be just one route to survival – be the best! This era witnessed a host of first generation entrepreneurs exploring business opportunities. These ultra competitive companies focussed on single sectors, and hence played the core-competence card; a spin taken up even by some ancestral business groups.For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
No comments:
Post a Comment