Unemployment, inequality, poverty, climate change: the world is faced with profound challenges, and on an unprecedented scale. So far, we have looked to governments, NGOs and global institutions, such as the World Bank, for action. But another kind of institution–powerful, influential, widespread–is well placed to address these challenges. Global corporations.These giants are today entrenched in the very fabric of our lives. We work in them or their supply chains; we use their goods and services; we invest in them. It is crucial, therefore, that those who lead big corporations see themselves as part of a larger picture and redefine their role. Corporations can and must be a force for good, says Lynda Gratton, professor of management practice at London Business School and among the top business thinkers in the world. This is especially true for emerging markets like India, where the global challenges are more acute, and where the minds that press this change will be found. Take, for instance, the fact that as of 2011, 63 of the Fortune 500 companies had research and development facilities in India. An alternative is already unfolding. Gratton points out there is an alliance emerging in India of IT giants Wipro, Infosys and TCS to work towards influencing the government to open more engineering universities, improving student employability, and helping teachers understand what corporations require. The Key provides an inventive and accessible roadmap for revolutionizing the way big conglomerates are run and is of particular relevance to India. It speaks not only of how corporations are looking beyond business-as-usual but also shows how they can unlock the global challenges to make the world a better place.

Admin

Share
Published by
Admin

Recent Posts

Let’s Talk Legacy

Yaksha: What is the greatest wonder?Yudhisthir: Every man knows that death is the ultimate truth…

5 months ago

The Freedom Manifesto

What is your purpose, your Dharma, your innate tendency? Your only path to freedom is…

5 months ago

Pure Vegetarian

The key to making the best vegetarian Tamil food is cooking it at home. Prema…

5 months ago

Dalit Kitchens of Marathwada

'This is the food my parents ate and their parents ate ... It is an…

5 months ago

Spiritual Anatomy

From the internationally bestselling author of The Heartfulness Way comes a journey to the center…

5 months ago

Spiritual Anatomy

From the internationally bestselling author of The Heartfulness Way comes a journey to the center…

5 months ago