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The biggest companies in the U.S. are headed by Indian CEOs

The chief executive of PepsiCo would be prominent no matter what. The fact that the current one--Indira Nooyi--is an Indian immigrant (and female, in case you've been living under a rock) makes her all the more noteworthy. At the age of 53, Nooyi is one of eight chief executives of large U.S. corporations (with revenues of at least $2 billion) who are of Indian origin.

'It's not a not a surprise that we're seeing Indians rise in corporate ranks,' says Richard Herman, coauthor of a book on migrants to the U.S., Immigrant, Inc. 'Of all the immigrant groups coming in today, Indians are head-and-shoulders above others, and this is partly because of their English language skills and also the advanced education that many of them are bringing to the U.S.'

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EMAIL PRINT REPRINT NEWSLETTER SHARE Nooyi, says Herman, is part of a growing trend where U.S. companies are being created, or led, by foreign-born individuals who bring in something special. Herman cites new research from Brigham Young University showing American workers innovate and solve problems faster when working with a 'socially distinct newcomer,' meaning, a person from another culture.

by Anonymousreply 2002/02/2013

[quote]Indians are head-and-shoulders above others, and this is partly because of their English language skills....

As anyone who has ever called customer service well knows.

Didn't they throw some east indian Wall Street honcho in prison a few months back?

by Anonymousreply 102/01/2013

Yes R1, he was from Goldman Sachs.

by Anonymousreply 202/01/2013

You say this like it's a bad thing.

by Anonymousreply 302/01/2013

The idea that it's because of their English language skills is ludicrous. More likely it's because there's a cultural expectation of high achievement and a dedication to work weeks well over the basic 40-hrs.

by Anonymousreply 502/02/2013

They are playing to the booming Indian market, is all.

by Anonymousreply 702/02/2013

How many cents an hour do they pay them?

Seriously, though, if you think about it, it makes sense. Since the majority of production and customer service have moved out of the US, there's nowhere for US managers to come from. How do you work your way up the ranks in a company when 75% of the company's corporate echelons are located outside the US?

by Anonymousreply 802/02/2013

Health Net, a big So Cal medical insurance group, was found by an Indian MD.

by Anonymousreply 902/02/2013

Certainly not. It's because 1) they practice nationality discrimination; 2) they lie on their resumes, knowing no American is going to try to verify any data from India; and 3) rich Arab and Indian investors place them in top jobs.

I'm not meaning this in any racist way. The fact is, the whole immigration system is set up to foster nationality discrimination, and all nationalities do it, including Irish, Australians, British, Canadians, and so on. First of all most immigrants are family members, not people "with skills." Second, they have jobs lined up before they arrive, which is very different from Americans who drift around the country seeking work. Third, it is expected for immigrants to take care of their family and communities and so no one bats an eye when they get into hiring positions and radically transform the hiring to be all their own nationals.

On the other hand, nationality discrimination is illegal. This is used to prevent native borns from discriminating against immigrants. But since immigrants routinely discriminate against all other national origins, it is the big little used weapon that will be increasingly turned back against them. Society cannot resolve conflicts between a desire not to put down national origins and an immigration system based entirely on nepotism and mutual aid practiced as nationality racism.

by Anonymousreply 1002/02/2013

Indians are the new Japanese!

Remember in the 80s every US touted the wonderful Japanese business practices?

by Anonymousreply 1102/02/2013

"(with revenues of at least $2 billion)"

This is key--the Fortune 500 bottoms out at about $5B in revenues & those 8 would represent 1.6% of that group. At $2B, the 8 are well under 1% of the number of CEOs.

Much ado about nothing more than Forbesian xenophobia. Ooooooh, they're insourcing to the executive suite.

by Anonymousreply 1202/02/2013

Concern yourselves with a political system where an "American" like Dubya benefits from nepotism and gets to fail upward or greedy "Americans" like the Koch Bros or that douchebag who runs Papa John's. Most of the Wall Street CEOs are American-born, white males - they affect your lives more.

Who gives a shit if someone is Indian, Black, Jewish, Asian, Hispanic, male, female, etc. If they're doing a good job running a company, you should be glad they're running it.

These are multinational companies, so if you think simply having a native-born American running them will benefit you or this country, then you're an idiot.

by Anonymousreply 1302/02/2013

I have worked closely with dozens of Indians who are directly off the boat (plane, really, but you get the meaning). They are: sexist, elitist, anti-American, anti-white/black/Asian. Because they have educations, they are from the higher castes. They come with the belief that they are far superior to every other race on this planet. They come to the U.S. with the attitude that Americans are dirty, lazy parasites. Yet, they want to be Americans and they want what we have. And they don't want Americans to have it. It is a fascinating psychological phenomenon.

They also transform the ethnic makeup of the office. When one gets into a management position, you can expect to see only Indians hired in that area. This is true if the existing Indian management has any say in hiring.

This would not be a terrible thing IF they adopted American business attitudes and workplace practices (employment laws). They do not. They expect workers to be slaves, essentially.

by Anonymousreply 1402/02/2013

R13, corruption has become embedded in American business life, to the detriment of all. It needs to be destroyed, root and branch. There actually was a time in the forties and fifties when it looked like it was on the way out through the progress of society, peaking by the 1970s, although the trend away from honesty in business had already begun by then.

by Anonymousreply 1502/02/2013

Indians are very money-conscious. You are not a success if you are not rich. They hate poor people. Didn't you read the Dharun Ravi tweets and Facebook postings? Tyler Clemente was middle class, but Ravi believed middle class = poor. He was as horrified to find that Clemente was "poor" as he was as horrified to find he was gay.

Indian women must have lots of 24 carat gold jewelry or else they are poor. And Indians from India look down on Indians from the Caribbean.

by Anonymousreply 1602/02/2013

What r16 said.

Oh and r13 has issues with white people only. All others get a free pass.

by Anonymousreply 1702/02/2013

The Indians and the Chinese will rules us all in the near future.

Get ready for new masters!

by Anonymousreply 1802/02/2013

They have no scruples and are cutthroat business people because of it. While running companies into the ground they will usher in another financial crisis.

by Anonymousreply 1902/02/2013

So THAT'S who have been trying to make Padma Lakshi happen.

The last time I got an Indian for a computer customer service, he called himself, because of their lack of cultural knowledge, "Heather." It was like I was in a "Hello, I'm Peggy" commercial.

True.

by Anonymousreply 2002/02/2013
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