Geoffrey G. Jones | History has its place in business5 min read . Updated: 22 Apr 2015, 01:39 AM IST
Learning from the past about the consequences of decisions should surely be part of every manager's toolkit
Over the last two years, Harvard Business School faculty members have been travelling around the world, including India, interviewing business leaders with 30 or 40 years of experience. The recollections of figures such as Keshub Mahindra, Adi Godrej, Ritu Kumar and Prathap C. Reddy, as well as BRAC’s Sir Fazle Hasan Abed, are being made available online at the school’s Creating Emerging Markets Project, which I launched in 2013. Some might ask, What’s the point? Do the accomplishments and mistakes of such business leaders of the past have any relevance to the challenges faced by young business leaders in today’s fast-growing emerging markets? Hasn’t everything changed?