Harvard Learns Management Lessons from India Inc

Who has not heard of Harvard University? Nearly every Management Professional has aspired to be a student of the prestigious Harvard Business School (HBS). Therefore it would be interesting to know that the HBS uses India Inc as case studies to impart Management Lessons to its students. That's right. Over the years, the phenomenal success of Indian companies has landed them in the form of case studies for business schools all over the world. And HBS is no exception to this. 

As reported by a leading daily, nearly 120 plus Harvard case studies from South-Asia are India centric. Reasons for this are several. The phenomenal economic growth rates spanning two decades. The growth of a significant middle-class. And most importantly, the increased presence of global firms in India and vice versa. Therefore, it is little wonder that the world's most prestigious management schools are lining up to draw lessons from the various success stories. Professors are using these lessons to fill in the specific needs in their course syllabus.

But this is not just one way traffic. Indian companies too are benefitting from becoming case studies in such universities. These universities typically take in some of the best minds in the world as students. These students come up with innovative approaches and solutions to some of the problems that the companies are currently facing. For example, Eureka Forbes, an Indian water filtration device manufacturer, drew an important learning on how to lower the cost of its water filters. Many companies, including the likes of Tata Consultancy Services (TCS) have drawn on these learnings to improve their business processes further. Becoming a case study also helps them in garnering international exposure which is essential for companies aspiring to be significant global players.

The truth is that India Inc has taken on the challenge of operating in India and expanding outside of its boundaries in its own unique way. And the world has now realized this fact and is taking notes.

Indian companies would benefit if they become case studies for business schools like the Harvard Business School

(An "Interesting  Read" from http://www.equitymaster.com/ )