In a first of its kind survey conducted by US based executive search firm Korn/Ferry, it is found that Indians have far better entrepreneurial skills than their Chinese counterparts.
I am sure that many will not be surprised by this survey given the way Indian entrepreneurs are going about doing their business. A brief look at the recent mergers and acquisitions will give you a glimpse of what Indian entrepreneurs are capable of. Although, far behind North American counterparts, Indian entrepreneurs fare better than our chinese neighbors.
The survey concluded that Indian entrepreneurs have strong language skills and live in a society that encourages entrepreneurship. This was cited as one of the many reasons why Indians move up and occupy top positions in nations across the world.
Indian leaders are on par with “Best-in-Class” leaders from the West when it comes to strategic thinking. What’s more, when the Indian assessments were compared against Korn/Ferry’s data on Chinese executive leadership styles, the Indian leaders ranked as far more strategic, demonstrating a tendency to take a longer-term, holistic, and analytical view of their businesses.
The survey also concluded that Indians are less social but more task-oriented and hierarchical compared to the top leaders in North America. But Chinese leaders are not very entrepreneurial and very hierarchical. They do not adapt easily to other cultures and are wary of taking risks. [source]