{"id":1408,"date":"2012-02-07T19:38:00","date_gmt":"2012-02-07T19:38:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/new-phoenicians_020712\/"},"modified":"2012-02-07T19:38:00","modified_gmt":"2012-02-07T19:38:00","slug":"new-phoenicians_020712","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/new-phoenicians_020712\/","title":{"rendered":"India\u2019s Sourcing Leaders: The new Phoenicians?"},"content":{"rendered":"

The Phoenicians were the greatest entrepreneurs of their time, dominating the\u00a0trade\u00a0of\u00a0the\u00a0ancient\u00a0world\u00a0and\u00a0founding colonies\u00a0throughout\u00a0the Mediterranean.\u00a0 We will never see the likes of them in the modern business world, where a nation of business hungry folk could possibly develop their own real estate within today\u2019s Global 2000 organizations through savvy barter of their own wares.\u00a0 Or will we?\u00a0 Deborah Kops investigates\u2026<\/em><\/strong><\/p>\n

India’s Sourcing Leaders \u2014 the New Phoenicians<\/span><\/p>\n

\"\"<\/p>\n

"Maximo innovation at unbeatable prices… hurry while stocks last"<\/p>\n<\/div>\n

At a sourcing conference cocktail party in Singapore, I was chatting pleasantly to a gentleman who– Indian by nationality, Kenyan by upbringing—was leading a global sourcing strategy team in Dubai for one of the largest of multinationals. As he politely tried not to blow smoke in my face, I had one of those eureka moments\u2014 I was speaking to a Phoenician!<\/p>\n

(Be patient with me, readers\u2026I\u2019m drawing an analogy in order to make a point. Perhaps a little history lesson might be a diversion from treatises on governance or the consolidation of the outsourcing industry. I\u2019ll try not to be too much of a bluestocking.)<\/p>\n

For those of you who are not familiar with Phoenicians, it\u2019s not a dirty word. Phoenicians \u2014the \u201cred people\u201d\u2014that dominated the regions proximate to the Mediterranean from the ninth to the six centuries BC, were a significant cultural and political force. They grew rich trading the commodities of the time\u2014olive oil, wine, timber and precious metals, and were unmatched city builders, developers and stonemasons, hydraulic engineers and superb mariners.<\/p>\n

But their greatest contribution was as globalizers of the only region that mattered in the ancient world. As developers of the modern alphabet (yes, without Phoenicians who knows how you\u2019d be reading this), and acting as cultural middlemen, the Phoenicians disseminated ideas, myths, and knowledge. As a result, the Mediterranean arguably became the first example of a world economy.<\/p>\n

So much for togas, olive oil and wooden ships. When I talk to the likes of an Anirvan Sen of GE, a Jay Desai of Northern Trust, a Vinoo Mehra of Colt, or any number of executives from the likes of\u00a0 Genpact, Accenture, Infosys or EXL, \u00a0I am chatting with the progenitors \u00a0of those ancient globalizers. Born in India, perhaps degreed in the US or Europe, climbing the career ladder in a range of industries, holding a breathtaking number of increasingly challenging positions in multi-national corporations, these folks are the true evangelizers of process globalization, whether they are on the buy or sell side, or even advising and warning as consultants. Builders of outsourcing companies and shared services platforms, masters of process excellence, spokespersons for global delivery\u2014they do it all. And today they are found in Indian-legacy outsourcers, global outsourcers, consultancies and a myriad of corporations.<\/p>\n

The Bottom-line: our Indian industry colleagues play the role of globalizer so<\/em> well<\/span><\/p>\n

—Common ways of working<\/strong>. Although often castigated as being too \u201cIndian\u201d in approach, their shared, monolithic code of conduct actually supports implementation of globalization. Whether located in Manhattan, Manchester or Mumbai, our Indian colleagues know the \u00a0handshakes and the rules when they work together, and have the ability to cut through the chase to get things done. In effect, the sourcing industry benefits from\u00a0 a common way of working.<\/p>\n

Take this a step further, dear reader. Contrast the results when an American, a Brit, a German or a Swede (or all of the above) work with an Indian to source processes. First, they have to study Culture 101, spending sufficient time to understand that when a German says no, he means that the case for change has not been made, or that to a Brit, a meeting is not where decisions are taken. Overlay an Indian on the other side of the table, and you get a cultural stew of nuance, decision-making style, sense of timing, and hierarchy. But with a number of savvy Indian leaders in the room, with shared experiences, it is generally possible to develop a commonality of understanding, bridge the cultural divide and keep moving on.<\/p>\n

–-World citizenship<\/strong>. As a group, the Indian members of our industry have substantially more experience working globally than our country compatriots. Perhaps they left at 18 to study in the US, the UK or Switzerland, quickly absorbing local ways of working and living, knowing that Yankees and Red Sox are the ultimate in sports rivalries, that May is the time to eat spargel in Germany, or that passing out red envelopes to children is the done thing at the Chinese New Year. Cultural understanding and experience are underrated attribute in the sourcing world; the ability to straddle and translate two or more cultures is golden to the implementation and operation of a global operating model.<\/p>\n

–Strong networks. <\/strong>Global operating networks are even more successful when they are underpinned by effective professional networks.\u00a0 Our Indian colleagues went to college and university together, and have many shared experiences; their ability to collapse the proverbial game of \u201cseven degrees of separation\u201d into two or three is awesome. Seemingly, everyone knows who has what expertise, who is looking for new talent, where the latest innovations are occurring, and who is developing leading-edge applications. Now you might think that this is a bit of an over-the-top characterization, but in an increasingly more complex world, networks matter; often, they are the best way to get things done quickly and efficiently.<\/p>\n

\"Deborah<\/a><\/p>\n

Deborah Kops, Research Fellow, Sourcing Change Management, HfS Research (click for bio)<\/p>\n<\/div>\n

–Understanding how destination economies really work. <\/strong>Despite many trips to places such as India and The Philippines, most of us never develop a deep understanding of their inner workings\u2014specifically cultural values, acceptable mores, and how to get things done. Because they do not evaluate a situation through a wholly western lens, our Indian colleagues are able to bring a level of local understanding which is so critical to global sourcing success.<\/p>\n

Some say that we\u2019re entering the age where it\u2019s very cool to be a non-Indian in the outsourcing industry, or in the words of one of my sourcing industry headhunter friends, \u201c American companies\u00a0 want Americans. Indian companies want Americans. Everybody wants Americans.\u201d\u00a0 And to my mind that\u2019s a good thing; after all, successful globalization involves leaders from all cultures and geographies, not to mention that every decision can\u2019t be made by dialing +91. But I\u2019ll place my bets that our Indian friends cum\/Phoenicians will continue to play an outsized leadership role the sourcing world.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Phoenicians were the greatest entrepreneurs of their time, dominating the\u00a0trade\u00a0of\u00a0the\u00a0ancient\u00a0world\u00a0and\u00a0founding colonies\u00a0throughout\u00a0the Mediterranean.\u00a0 We will never see the likes of…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,81,95,830],"tags":[],"ppma_author":[19],"yoast_head":"\nIndia\u2019s Sourcing Leaders: The new Phoenicians? - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horsesforsources.com\/new-phoenicians_020712\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India\u2019s Sourcing Leaders: The new Phoenicians? - Horses for Sources | No Boundaries\" \/>\n<meta property=\"og:description\" content=\"The Phoenicians were the greatest entrepreneurs of their time, dominating the\u00a0trade\u00a0of\u00a0the\u00a0ancient\u00a0world\u00a0and\u00a0founding colonies\u00a0throughout\u00a0the Mediterranean.\u00a0 We will never see the likes of...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.horsesforsources.com\/new-phoenicians_020712\/\" \/>\n<meta property=\"og:site_name\" content=\"Horses for Sources | No Boundaries\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-07T19:38:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2012\/02\/Phonician_woman.png\" \/>\n<meta name=\"author\" content=\"Phil Fersht\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pfersht\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Phil Fersht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.horsesforsources.com\/new-phoenicians_020712\/\",\"url\":\"https:\/\/www.horsesforsources.com\/new-phoenicians_020712\/\",\"name\":\"India\u2019s Sourcing Leaders: The new Phoenicians? 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