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Management Philosophy | ||
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The business model of our firm has become a case study
in the field of management. International publishing house John Wiley
has in its Sep-Oct issue of Global Business and Organizational
Excellence developed and published a case study on our firm. Titled
‘Management by Trust in a Democratic Enterprise : A Law Firm Shapes
Organizational Behavior to Create Competitive Advantage’, the article
delves into the fundamentals of how our firm has grown to what it is
today – based on a trust-based, nonhierarchical, democratically managed
organization that leverages research and knowledge to deliver premium
services, high value, and a unique employer proposition. Here is an
introductory abstract taken from the piece attached in soft version for
your reference. Management by Trust in a Democratic Enterprise : A Law
Firm Shapes Organizational Behavior to Create Competitive Advantage
-Nishith
Desai The founder of Mumbai-based Nishith Desai Associates (NDA)
built his law firm on a few powerful ideas: a trust-based,
nonhierarchical, democratically managed organization that leverages research
and knowledge to deliver premium services, high value, and a unique employer
proposition that shatters many negative law-firm stereotypes. The
author discusses the rationale behind NDA’s business model and its
organization and talent framework, and tracks the firm’s philosophical
genesis, which includes ideas from Mahatma Gandhi on democracy and from
Charles Handy on trust in virtual organizations. He examines the
implications of Handy’s Rules of Trust for HR policies and practices, and
then he describes NDA’s approaches for creating challenge, growth, and
rewards in a nonhierarchical structure; building behavioral competencies;
balancing control with freedom; and other management practices that empower
employees to act in the best interests of the firm and its clients. © 2009
Wiley Periodicals, Inc. Read the entire article :
http://www.nishithdesai.com/2009/JW28_6_NishithDesai.pdf Business Standard, a leading Indian business daily
published the essence of our management style and our journey of the last
two decades as we’ve evolved into an independent global law firm in a very
succinct and lucid manner in a feature titled “Shyamal Majumdar: NDA-A
different approach” Published in July 2009, attached is a soft copy of this
feature - perhaps of interest.
Read the entire feature online :
http://www.nishithdesai.com/Art_New/Shyamal%20Majumdar%20A%20different%20approach.pdf
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