JULY 7, 2002
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Nasscom Does Some Brain Racking
Slowdown or not, NASSCOM is still eyeing Indian software revenues of $77 billion by 2008. Just what will make it happen? To get a strategy together, it got some top minds to meet in Hyderabad at the India it and ITEs Strategy Summit 2002. A report on what came of it.


Q&A With Ashraf Dimitri
The CEO of Oasis Technology, a key provider of e-payments software, tries to win over converts to a new system.

More Net Specials
Business Today, June 23, 2002
 
 
Nation, Corporation And Marxian Reservations
A Marxist rediscovery of meritocracy is last fortnight's strangest gain.
It doesn't take very much to be a politician or a President. The Constitution of India doesn't specify educational qualifications; nor does it specify a minimum IQ.

A country is not a company and can't be run like one. That's an argument popular with members of the polity keen to take on the mantle of knowledge workers. The contention isn't made-in-India; it gained currency during Ross Perot's first run for the American Presidency in 1993. Sure, said his political opponents, he was the best salesman IBM ever had-he fulfilled his sales quota for 1962 in a mere 19 days; sure, he founded a tech hothouse that compares well with some new economy stars-the company, EDs went for an IPO in 1968 at $16 a share and saw the price zoom, almost overnight, to $160; sure, Fortune magazine put him on the cover and called him the "fastest, richest Texan"; but-here comes the rub-he didn't have the political experience and leadership qualities to run a country.

  Going By The Book
 
  Researched To Death  
  The Ripple Effect Of Enthusiasm  

So, what's Ross P doing in an essay that is obviously on Avul Pakkir Jainulabdeen Abdul Kalam, the man set to be India's next President? Only this-the fracas created by the Marxists last fortnight over Kalam's emergence as the NDA-Congress-sp candidate for the presidency, and the arguments put forward by them are reminiscent of L'affaire Perot. First, a disclaimer: this isn't a plug for Kalam. While the man has enough political-savvy-he's been advisor to the Defence Minister and the Prime Minister-something in his professorial attitude (he actually asked journalists at his first press conference after being named the NDA's presidential candidate to repeat something after him) tells me that we are in for a very different (not good, not bad, but different) kind of Presidency. His obvious intelligence will prevent him from making the Dan Quayle kind of gaffes-remember potatoe?-but he'll certainly provide for moments of mirth if he keeps up the choir-master act.

The Marxists are variously unhappy at the way Dr Kalam has been picked, don't think he has the requisite political experience to be President, or believe having a nuclear scientist in Rashtrapati Bhawan will send out the wrong signals to the world. The first and the third are best dealt with elsewhere; it is the second that is of relevance to us.

It doesn't take very much to be a politician or a President. The Constitution of India doesn't specify educational qualifications; nor does it specify a minimum IQ. Maybe it should, and maybe India will be a better place to live, work, and do business in if it does, but it doesn't. Anyone can be a Member of Parliament in India-and actually some very strange people are. That's the way it is in a democracy. So, from where did the Marxists suddenly get their notion of a meritocracy?

The truth is, a country is a lot like a company and can be run like one. Pick the first corporate vision or mission statement you can find, replace the word stakeholder with citizen and chances are you'd probably hold in your hand a far more significant vision statement for the country than any political party can come up with. Hang on to it.

That's not to suggest all CEOs hold dual doctoral degrees in microbiology and cybernetics, but most professional ones do boast educational qualifications of some note. Nor are CEOs the smartest people in their organisations, but they're smart enough for the job.

If anything, it is the reverse of the statement with which this essay opens-A company is not a country and can't be run like one-which is true. Kenneth Lay's Enron, and Gary Winnick's Global Crossing are excellent case studies in what could happen to companies run like countries.

 

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