Corruption In Organizations: A Behavioural Perspective in the Indian Context

@ bhagwad.com

Most of our management concepts and theories have hardly anything to deal with Corruption. Many of our so-called Consultants and Management Gurus do not dare to tread upon such concepts. Probably, they think that it is outside the realm of their elitist body of knowledge and would rather dismiss this word by calling it a “Social Evil”. 

Dear reader, let me sound a word of caution - this social evil has become a phenomena that is ‘widespread’ and ‘dominant’ and has gained great powers to influence whatever under the name of ‘management concepts’ that we have ever known till date!!

Relevance of Behavioural Management: Exploring the link between Strategy and Change Management

With the present times showing a greater level of uncertainty and ambiguity, it has become pertinent to understand the deeper determinants of sustainable competitive advantage. If we look at the developments over the last three years, the Indian Industry has witnessed tremendous changes – the unbundling of electricity sector, revision in mobile tariff-structure, banking norms, disinvestments in PSUs, liberalization of foreign investment regulations etc. All these indicate that reform and deregulation would be a norm. Traditional bureaucracies would be struggling to come out of a protectionist regime and don the mantle of Corporate; domestic players would be evaluating the opportunities of strategic alliances, cross-border mergers and acquisitions to enter transnational markets. Competition would become fiercer as entry of new players would be easier.