Waking up to Indian Success Stories!

Reading Newspapers daily morning filled with Indian Success stories is a very heartening fact. Today the pages are filled with the *Mittal* stories. One man, despite all odds ended up buying a European Biggie and managed to give the bad-mouthing Europeans a bloody nose.

While we are used to reading Jack Welch'ish type success stories. I guess we should now take a leaf from Mittals,Nilekanis,Muthys and (CK )Prahalads. By this I mean, the whole world is waking up to the fact that Indians conduct business better. Mittal had achieved this feat without even starting a steel company from scratch. He has made better use of others mistakes and rectified the same after buyin the ailing steel companies. A different Business Model in itself. It is one which takes lot of guts. But then Business is all about risk-taking right.

I am sure the Chinese, the Americans and the rest of the world is noticing the Novel ways Indians work and accomplish things. The americans thwarted UNOCAL take over by china national co., Why the developed countries are shying away from such Mergers?
Their in-securities are brought to the fore now.

It will not be surprising if a Foreign MNC hires a Indian to set its house in order.
Hiring a foreigner has helped japanese electronics major SONY.
It hired American-Brit Howard Stringer to set things in order.
Well who's next. Indians are always more than willing to take such a challenge and the competition.

Mittal has written a new chapter in Mergers and Acquisitions :-)
Until now I had observed the ways of Larry Ellison. Having worked @ Oracle I also used to admire his winning ways. But those ways seem to stem out of Financial Stability. I am not sure if Ellison would be successul if he were in Mittal;s shoes.
Oracle-Peoplesoft merger proved his manipulative ways beyond any doubt.

Also Ellison's model is more about buying the competition and then overdosing the clients with so much of software that the Customer in the end decides to buy the Goodies anyway :)

With the Mittal Success story behind us i hope there are many such "Wins Abroad"

India Shining in Europe.. :) thats a good feeling ain't it !

Cheers!
~P