Is it “reverse colonization?”. Will such a CEO have cultural sensitivity to employees, customers and other stakeholders?<p>I think of how Sundar Pichai felt compelled to replace Google Pay (success if not profitable because the banks wouldn’t give them a break) with service that was successful in India but failed in the first world, it’s like the “appropriate technology” discourse of E. F. Schumacher but the problem here is third world technology failing in the first instead of the other way around.<p>What message do young people in the US get about their prospects for social mobility?
I was speaking to my brother about this the other day. Yes we are both Indian. First off, there is a lot more nuance to this topic. There are Indian entrepreneurs who become CEOs of their companies and there are corporate ladder climbers who become CEOs.<p>As for the latter, they are as talented as any technical professional with a smidge of business knowledge and a lot of knowledge on internal rope climbing. The preference towards Indians came out from global forces largely not controlled by individual companies. They are Global and driven by pan global organizations with immense influence such as World Economic Forum. And internal political shifts towards equity regardless of merit and progressive women organizations distaste for white men. These manifest in the vociferous push within organizations for nonwhite leaders and the company’s are happy to collect their equity badges by putting up alternative candidates as CEOs without disrupting their operations. They all march within the guard rails setup by the board and the stock market forces. There are lot more nuances in the above arguments but in my opinion these are the larger forces.