Stakeholder Leadership - the New Indian Leadership Tablet

Abstract

The S&P (Standard & Poor) ESG India index provides investors with exposure to 50 of the best performing stocks in the Indian market as measured by environmental, social, and governance (ESG) parameters. These 50 are chosen from the largest 500 companies on the National Stock Exchange. The first part of the paper analyses the Leadership in the Top 10 companies of S& P ESG India Index. The Leadership in these top 10 companies is seen as Stakeholder Leadership. The second part of the paper analyses the findings of the book “The India Way”. The top Indian companies' secrets are unveiled by Peter Cappelli, Harbir Singh, Jitetulra Singh and Michael Useem, professors from the Wharton School of Business. The authors focus on India’s largest firms - those that have played a leading role in India’s rapid development and have come to serve as models o f business enterprise for entrepreneurs and managers throughout the nation. The leaders of these companies also exhibit Stakeholder Leadership. Thus Stakeholder Leadership seems to be the link between S&P ESG India and the book ‘The India Way' and it emerges as the new Indian Leadership Tablet. Indeed, India is paving the way for a new breed of Stakeholder Leaders