Is MNCs Superior to Indian Companies?

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122 comments Page 6 of 13.

Prashant Patro said:   1 decade ago
The basic difference between MNC and Indian companies in INDIA is WORK CULTURE, which is the most important factor in one's work life.

MNCs intend improve on productivity, so they motivate by improving the living standard of the individual by facilitating personal growth monetarily (not necessarily very good) and facility wise. Also facilitating professional growth by providing training and development to the individual so that he can perform better in work and climb the hierarchy.

Which is a win-win solution by MNC to improve desired productivity level and development of the person is just an byproduct, who in turn can be retained for a good amount of time with his effective improved skills, is a big plus.

Whereas Indian companies don't focus on people development, except few big business houses, who adopted this by expanding their business beyond boundaries.

So Professional development of an individual is carried out in all MNCs irrespective of scale of business. There are very few MNCs in India, as well those who intend to tape this understanding but they are more worse than Indian companies.

Patriotism with Indian company is good with those facilitate professional development and work for long time and the decision making must be based on facts, rather than any inclinations or out of business logic to the extent possible and where like minded people work.

I saw people suffocate and leave from good MNCs because of the ignorance and inclinations, whereas MNC professionals get better perks in Indian companies and contribute those who are honest, and well received by Indian companies, who in turn prosper in long run. If Indian companies doesn't provide the freedom to perform, then they jump fast or don't contribute.

The type of paradigm change can be provided by MNC professionals often not properly well internalized by Indian companies and in turn force them to leave. So crossbreeding these two culture is very good but due to understanding level and style of business by top management or owners is the biggest challenge for this crossbreeding. By cross breeding of this MNC culture there are so many benefits in terms of improved work culture in companies, satisfaction level will be more at all level, IF THEY VALUE IT. Then they only focus on growth and innovative business and making brands that work for them. There are so many Indian companies from smallest to largest than any MNC.
(14)

Jyoti Sharma said:   1 decade ago
Overall views are correct on their own mind.

Somebody said that the MNCs are the best and some said that the domestic companies are also not bad. But you all know about the fact that MNCs are the best because we promote them by getting employee under them on the self greed basis or by consuming their product as they are cheaper than the domestic product, just because of lower price we shift our preferences by ignoring the quality of the product.

That's fine that the quality of their product not always bad, but for only show off of our literacy or that we are of modern generations we gradually depriving from our real Indian culture. Modern doesn't belongs to western style & wear, modern means that we need to change in our thinking and should always try to promote the Indian power.

MNCs are growing rapidly and the Indian Companies are growing gradually, the main reasons behind this are as follow:

1. We most like to prefer fashionable & stylish product rather than the Indian product which are of simple & sower in nature.

2. Foreign companies got our weak point that is our Indian Culture which now have broken.

3. We still are promoting or motivating foreign MNCs more than Indian.

4. We Indians are so hardworking and having the world's largest labour power but we are unaware of our brain or talent of which the foreign MNCs take the benefits.

5. We have the knowledge enough that we can change the entire world according to our mind strategy but due to unawareness we are losing our Entrepreneurial skills.

So overall I would say,

If we want to see the INDIA as a leading economic country in future then we would have to prefer the Indian companies.

For this we should motivate the Indian companies or culture rather than the foreign companies or culture.

Now the situation is "MNCs are superior to INDIAN companies" but if we will consider & implement the solutions regarding the above mentioned defects in the societies, then the situation will reverse as "INDIAN COMPANIES are superior to Foreign MNCs".

SO COME ON INDIA THATS DEPEND ON YOUR THINKING that you want to become an Entrepreneur or only a labour that is working day-night under the foreign MNCs.
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Tanuja said:   1 decade ago
There is question for all of participant's Why people prefer MNCs? The answer is, people rush to MNCs because they offer high salary, and many incentives, but Indian company does not do so. They give the employee as small as they can do. So in my point of view if they can work upon these reasons then people will automatically follow Indian company rather MNCs. If we use our knowledge in our own company then definitely our Indian companies will reach to MNC's. But we have to work upon these basic things cause we all know Indian people are very much talented.
(25)

Bhoopal said:   1 decade ago
Hi to everyone, I never discourage others opinions and when coming to our topic, I agreed that MNCs are useful to our country when we are thinking from the mindsets of common people but when we are in the place of a businessman we opposed that (saying frankly this is true).

The presence of MNCs are very important for our country due to the following reasons:

->To know about the advanced techniques which are used by MNCs.
->To know how they are giving products at such a low costs.
->To improve the competition which is very beneficial to everyone.

But dependency may creates problems at any time so depending mostly on MNCs are always danger. We must observe the procedures followed by them and then we must improve our companies.
(46)

Rohit said:   1 decade ago
MNC are always superior because half of the Indian companies are ruled by politics corruption and the few which are left are ruled by jugaad system where reducing employment, not maintaining high standard and giving less salary is their only motive.
(59)

Vikash Ch. Pandey said:   1 decade ago
Every Indian company are not used the latest technology. Because our country growth level compare to other is very low. Indian company not giving the facilities. But other hand MNC's giving very good facilities to their employee.

Indian company compare to MNC's much less cost because there net growth is not much that MNC's.
(23)

Rajeev said:   1 decade ago
I will consider Indian companies competent enough to MNC's, only when companies like TATA and Reliance can start from scratch in other countries, just like the MNC's come to India and start from scratch. As long as this is not possible, for me, MNC's are much better than India companies. Its competition!
(7)

Gaurav said:   1 decade ago
Hello friends.

I would like to add my point favoring superiority of MNCs in relation to Indian companies in respect of their approach. MNCs provide better ambiance. MNCs go for product-based as well as service-based jobs. MNCs having their base in large number of countries perform better than Indian companies. For example, we may compare performance of IBM with any Indian companies.

IBM has its own products e.g DB2, Lotus office suit and many more which are being used by IBM as well as it avails others also with those products. Indian companies, even after long duration since their inception are yet based on out-sourced projects. MNCs have larger strength of employees in relation to Indian companies.

So, as my conclusion I would like to say that Indian companies have yet to go a far in comparison to MNCs.
(12)

Minakshi said:   1 decade ago
Hi friends,

I am not here to discuss about whether MNC is superior or Indian company, I am working for an MNC, I always have a query in my mind, we always talk about Indian company are growing but have so many issues wherein MNC's are great place to work they do provide Quality products they have developed tool and so many great things about them including higher salary packages.

Has someone ever thought the person who is making these quality products, the so called human resource are us, so if we can work for these MNC and can make them grow why can't we work for Indian company and make them much better.

I assume large young population of India is moving towards IT jobs i.e. MNC and after few year everyone has a dream to go onsite (abroad) , and after few years to settle down in abroad, so if our youth will move like this then what will happen to growth our country, I know these MNC also contribute to our country finance but if all us pt all that effort for Indian company growth wouldn't it be nice.

I always think like this but never got option what can be done and how.
(115)

Raju said:   1 decade ago
Hi everyone,

I agree that MNC are better than Indian companies because their are providing good facilities to employee who are working in the in MNC. While in India their are not good facilities for employee. So most of the people like to work in MNC companies because they will going to get bigger salaries as compare to Indian companies. OUR government should give good encouragement for Indian companies so they can get good result.
(30)


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