Exactly. When a company is run by an Indian upper management and/or led by an Indian CEO, it is clear that that company's management had fallen to politics. So just like what is happening in the governments of Western "democracies", these Indian managers are actually riding on the momentum of the past success established by their predecessors a long time ago. Their jobs revolves around keeping the shareholders happy, push the lower staffs to deliver on the quarterly results until burnout, take full credit for successes, blame someone else and make excuses for failures, and build their own clique in the company. These corporate politicians are specialists on maintaining status quo and bragging on past successes. They don't like to take risks, lest it risks their own positions. But as we all know, stagnation is a slow path to hell. Everything will look good for awhile, until the competition starts to hurt them.
Western corporations have doomed themselves. They just don't know it yet. Their shareholder supremacy doctrine have moved their industries to China and abroad in the past. Now they are filling up their management ranks with sycophantic Jai Hinds. Its another crisis in the making, and most likely a fatal one. But instead of fixing it, they are doubling down on politics. Like swapping out Chinese R&D staffs for more Jai Hinds. Losing production capacity is one thing, but having poor leadership and becoming uncompetitive is a recipe for disaster.
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