Am currently reading “The Asian Insider: Unconventional Wisdom for Asian Business” by Michael Backman (Backman), published by Palgrave Macmillan. Blackman is a well known business analyst and expert on corporate governance practices in Asia.
The book is a must read for those who want to know more about the political environment and business practices in Asian countries like Indonesia, Singapore, Malaysia, Japan and China. I personally found the book to have some incredible insights peppered with facts and interesting anecdotes experienced by the author during his travels.
With regard to the author’s observations on India, I would like to highlight one particular observation. In a chapter on India’s software revolution, the author writes about one challenge that could affect India’s software sector. He writes, “Furthermore, there is a quality issue when it comes to India’s graduates. Engineers from elite institutions such as the Indian Institutes of Technology can be regarded as world class but they make up only a small percentage of India’s technical graduates. The rest tend to be trained in a rote-learning, inflexible environment and lack the skills and self-confidence that multinationals require.”
Well…this book was published in 2004 and the author’s observation is still very relevant in the current scenario.
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