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The other demographic dividend

from The Economist

GLOBALS is one of those fast-growing Indian IT companies that Westerners simultaneously admire and fear. Founded in 2000, it already has offices in 11 countries and customers around the world. The chairman and chief executive, Suhas Gopinath, is just 24 years old. Most of his employees are also in their mid-twenties.

Mr Gopinath is an illustration of a striking business revolution. Emerging-world businesses have traditionally been obsessed with seniority. Ambitious youngsters in countries like India have been equally obsessed with job security. Well-paying jobs, preferably with multinational firms, are the key to success in the marriage market. But this is changing rapidly.

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Source: http://www.economist.com/node/17199488?story_id=17199488


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