| Colleagues, I am writing a book on 'Strategy in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>'. Fortunately I have good access to top management of firms in <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region> and I am going to CEOs/ Presidents/ Vice Presidents/ Managing Directors in next few days for their inputs. I am asking seven basic open-ended questions. Would you please give your critical inputs, looking at the faults/shortcomings in it? I plan to ask the same seven questions, for 10 sub-themes in strategy like global strategy , competitive strategy, innovation strategy etc from others in senior position. The idea is to get views from 3-5 senior people from industry and then put these views together in the beginning or end of each chapter. The Five plus Two Questions 1. Is your company formulating and implementing strategies? While answering kindly also look in terms of: Recent past (Post liberalization of 1991) and Present times, Is there any difference across sectors/industries? Is there any difference between Indian and foreign firms? Share any interesting examples of success or failure? 2. How is your company doing it? I mean what kind of strategies you are making for example Corporate governance, Corporate social responsibility, Global strategy, Mergers and acquisitions, Green management and sustainability, Innovations, Entrepreneurship etc. 3. Why is your company making strategies? I mean what are the reasons behind this, for example Survival, Growth, Managing Failures, Providing Direction, Strategic Positioning and Competitive advantage, Changing business environment, Globalization etc. 4. How formulating and implementing strategies' is making an impact on performance of your company? 5. What are/shall be the future plans of your company for strategy? While answering kindly also look in terms of: Not doing it and won't do in future, Not doing it but may do it in future, Doing it and will continue the same way, Doing it but will change the course of action, Doing it and will do more etc. 6. What are your key learning's in strategy till now? 7. What other firms/CEOs must not do while operating/entering into <st1:country-region w:st="on"><st1:place w:st="on">India</st1:place></st1:country-region>? 8. Any other inputs you would like to share, which you feel, are not covered by the seven questions. Looking forward to your kind inputs. <st1:place w:st="on"><st1:city w:st="on">New Delhi</st1:city>, <st1:country-region w:st="on">India</st1:country-region></st1:place>. Institute for Strategy is a think tank exploring strategy , particularly in Indian context. It is based in <st1:place w:st="on"><st1:city w:st="on">New Delhi</st1:city>,<st1:country-region w:st="on">India</st1:country-region></st1:place> and supported by industry and faculty collegues from IITs/IIMs. |