New Delhi
Louis Hernandez Jr., CEO of Black Dragon Capital on Sunday, highlighted a significant cultural similarity between the United States and India regarding innovation. He emphasized that the U.S. has a unique advantage with its ‘freedom to fail’ concept, which encourages innovation and experimentation without the fear of failure. Hernandez believes India is beginning to adopt this mindset, which is crucial for its emergence as a global technology leader.
Hernandez, a former advisor to Infosys founder Narayana Murthy, noted that India’s robust educational framework and fast-developing economy create a fertile environment for technological advancements. Initially, India was recognized primarily for providing cost-effective technology solutions. However, he now sees it as a ‘beacon of innovation’ that produces talent capable of leading major U.S. tech companies.
He expressed confidence in India’s growth trajectory, stating, ‘India is growing faster and is an emerging economy that emphasizes education. These ingredients will help create a country that will lead in time.’ Hernandez pointed out that the global focus is shifting towards India’s strengths, particularly in technology and innovation.
Discussing generational shifts in work culture, he acknowledged that younger workers prioritize work-life balance while still seeking meaningful work. ‘We need to figure out how we align with their values,’ he said, recognizing the ongoing tension between generational expectations in the workplace.
