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Bengaluru: India's management capability development index (MCDI) score slipped to 69.7 in 2024, its lowest since 2011 (when it was 76), reflecting stagnant growth in management capabilities and leadership within organisations, according to a survey-based report by KPMG and the All-India Management Association (AIMA) out on Tuesday.
Innovation and adaptability became the lowest performing dimension in 2024, registering a fall of approximately 10 per cent since 2011.
External relationships, financial leadership, and integrity and corporate governance scores also declined year-on-year from 2022, signalling concerns around adaptability and forward-planning.
Core capabilities like organisation capability and application of technology and knowledge show only modest improvements over the years, hinting at deeper systemic gaps.