Anand Mahindra , Vice Chairman and Managing Director of the Mahindra Group made a bold statement to the media yesterday stating that his group believes in Trust over Size. Coming from the head of a conglomerate operating in over 100 countries with about 150,000 employees on their rolls with a wide portfolio of business offerings , it makes great business sense and a commendable value statement .
Today , if anything is lacking in Indian Business which has produced some super stars during the last decade , it is Trust Deficit especially when faced with adversities , both external and internal. Many big guns have succumbed to such pressures to perform and resorted to political lobbying and unfair business practices through tax evasion , parking funds abroad clandestinely or using international tax havens for business gain .
Anand Mahindra’s statement is therefore very relevant and could form a guide post for those who wish to grow their business in an ethical manner without cutting corners .