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Instead of giving credit to Kris, the news projects Nandan's step down, spinning the news. Rediff, please don't do it. The news should have said Kris appointed as CEO, Nandan to step down...
Infosys - a smart body shopping company who played its cards well at the right time. Well really cant blame them - there is only so much one can do with the IT population it manages within its campus. Its a good company to learn good management skills - they conduct good training sessions - add to that the sharks one has to wade through in everyday work life there :-). My ratings - overall a good/better company as compared to Satyam/Wipro/CTS/TCS
when i saw i thought nandan is moving out and someone out the 7 member family team will be coming to re-shape the company..like vivek paul. But looks like they r just playing among themselves..playing jokes :)
RE:headline is ridiculous
by mukesh thakkar on Apr 14, 2007 12:04 AM Permalink
Hey Avinash, They are awaiting your acceptance to take over a position - similar to Vivek Paul.
we respect you for what you did. but you made us ashamed infront of all world and ridiculed us to foriengers by saying an appology for singing national anthem. shame on you mr.murthy. your down period starts from here. demorlising employees
nandan nilakeni r any o the six people who started the whole venture should be praised , no matter who sits on the top seat. if they behave like owners they are.what is the big deal. either there isc always less scope for employment generation in our dear country and if something comes up there are others trying to find some fault. stop all this.it has no meaning
Eventhough, NRN claimed all the credit, anyone who was with Infy for a good number ofyears, understand, Phaneesh Murthy's Sales and Marketing ability is the main reason for their progress. Now after NRN & Nandan's time this Engine less train will run for a few more miles and then law of inertial will catch up. The manner in which Mr. Pai was sidelined clearly shows, the changes results from Jokeying for positions rather than for any Professional reasons. Imagine .. Shibulal as the next CEO..Every good thing has a shelf space and have to come to an end. That will the beginning of END. A lot of good,capable Leaders have left Infy, becoz of this Glass ceiling. It is time they separate ownership with Mgmt.
RE:Shibulal next CEO!!! Beginning of the END of a good thing.
by mukesh thakkar on Apr 14, 2007 12:07 AM Permalink
Have your eyes and ears open. A new breed will suddenly come in limelight. Undercurrents are not visible to naked eyes.
My dear friends, Nilekani is a technologist than a manager who prefers to bat not to lead. I would equate him with Tendulkar in Cricket, where he performed better while a player than a captain. See the growth of Infosys in the coming years under the great grand leadership of Nilekani.
RE:Nilekani and Tendulkar
by Prashant Sayam on Apr 13, 2007 04:54 PM Permalink
Vow, Equate Nilenkani with Tendulkar. I say, Nilenkani has taken right decision and taken a step further. Tendulkar should do the same and retire from one day cricket.
RE:Nilekani and Tendulkar
by mukesh thakkar on Apr 14, 2007 12:13 AM Permalink
Do you think Nilekani has taken the decision? It seems to be N R Narayanmurthy's decision.
RE:Nilekani and Tendulkar
by LAGIDU on Apr 13, 2007 04:48 PM Permalink
Even though Infosys is a public limited company, it appears to be governed by a partnership of 6 persons. They have the privilege to designate themselves in whichever way they like. Case in point is how easily a CFO became HR Chief and then CEO.
If there is a break, there is nothing wrong. It may give birth to more infies. When the infamous Phaneesh had to quit, IGATE was born. Let us welcome the break of the super six. India needs more infies to take care of the ever growing unemployment numbers.
have you ever heard someone become a CEO for a year and than leaving that place. 1 year goes away in understanding your responsibility and within 1 year have Nandan achieved everything?
What I feel is
1. Nandan was not able to manage CEO job 2. or he has been kicked by power hungry
Infosys might be profession. but Indians are still unprofessional
RE:this in not profession. infact unprofession
by Akshay Shah on Apr 13, 2007 04:39 PM Permalink
poor soul .. you dont even know ... Nandan Was CEO for 5 years and not for only 1 year... Nanadan Became CEO in Apr 2002 when Gr8 NRN stepped down from CEO post and Infosys board of Directors declared him as Chief Mentor.
RE:this in not profession. infact unprofession
by Anusha R on Apr 13, 2007 04:44 PM Permalink
NRN retaining the Chairman position Nandan's (creating and taking) the co-chairman's position (while not in day-today business affairs) only shows their retaining the voting power and authority accordingly to their shareholdings in the company (may be as provided in the Articles of Association of the Company. The moment, the business has a set-back, they will download their equity and automatically their positions would cease to exist.
RE:[object MouseEvent]
by Sukhoi on Apr 13, 2007 05:36 PM Permalink
>> they will download their equity and >> automatically their positions would cease >> to exist.
You are going haywire here! What's the problem with this board?
RE:this in not profession. infact unprofession
by Anusha R on Apr 13, 2007 05:46 PM Permalink
absolutely no problem...where did I say a problem with the Board...i was saying that their are paving way for other to come up in the ladder for them to exit from the company ensuring that the management is in safe hands...not as per the release which says that Nilekani was elevated to co-chairman at a young age and crap..
RE:this in not profession. infact unprofession
by Shantan Kumar on Apr 13, 2007 10:04 PM Permalink
Mihir, have you ever heard of the statement "Ignorance is better than half-knowledge". You seem to have just half-knowledge and want to become an expert. Who told you that Nilekani was CEO for just 1 year? He has been CEO & MD for nearly 5 years now... that was the time when NRN started leaving the reins of the company and becoming a global ambassador for Infosys!
And if you think Nilekani wasn't doing his job, just look at the sheer number of people who have joined Infosys in the last 5 years. I joined Infosys in 2000 and my employee number was in the 9000's and now, the employee number is close to 80,000! Just imagine! 70,000 direct jobs have been generated and remember, each one of these 70,000 people were paid an average of atleast $30K p.m. So, how do you think he was not able to manage CEO job? Just do some research before typing out anonymously!
RE:[object MouseEvent]
by Shantan Kumar on Apr 13, 2007 10:06 PM Permalink
"each one of these 70,000 people were paid an average of atleast $30K p.m." should read "each one of these 70,000 people were paid an average of atleast Rs. 30K p.m."
RE:this in not profession. infact unprofession
by vineet bhatia on Apr 13, 2007 08:29 PM Permalink
first go and wash ur face...u poor ..infy is a trustworthy company..whatever happens in thier suffling of thier mgmt will never effect the growth of the co..all six of them r one..
RE:this in not profession. infact unprofession
by Paddu Iyer on Apr 13, 2007 11:18 PM Permalink
And what the heck is "Mentor" are they still in school.
RE:this in not profession. infact unprofession
by Bhaskar Sabesan on Apr 13, 2007 04:29 PM Permalink
Sir,
Your comments are most idiotic and more unprofessional than what you are commenting on. change is the only constant. What you should watch out for is how Infy manages the change and goes to even greater heights.
RE:RE:this in not profession. infact unprofession
by Anusha R on Apr 13, 2007 04:35 PM Permalink
sir...but one thing we should not ignore..infy is a software developer and not a service provider.. the more orders they get, they need space and headcount....for the years to come, if china and other regions picks-up IT software development at cheaper rates, there is a chance that the overseas orders might get shifted to them..at that time, the lands acquired/properties built only will help infy to realise the money..but, what would happen to its thousands of employees, if they happen to shrink...
RE:this in not profession. infact unprofession
by Meet Andy on Apr 13, 2007 04:45 PM Permalink
Dear anu, Please read the results carefully ta http://www.infosys.com/investor/reports/quarterly/2006-2007/Q4/FactSheet.pdf Infosys is not mere a Development company, it's majorly Services company. Development revenues are only 21%, & rest comes from services.
RE:this in not profession. infact unprofession
by Anusha R on Apr 13, 2007 04:50 PM Permalink
thank you meet..i did read the results...my understanding is that they provide service only on the software/products developed by them....not such as an internet service provider/ISP, mobile, banking, etc. when these type of softwares/products gets produced by someone else at lower costs, automatically the service business would also take a dip...softwares do get enhanced and updated everytime....
RE:RE:this in not profession. infact unprofession
by Sukhoi on Apr 13, 2007 05:34 PM Permalink
>> when these type of softwares/products gets >> produced by someone else at lower costs,
You have the point. So, what should Infosys do now? Move out of the Services?
RE:this in not profession. infact unprofession
by mihir on Apr 13, 2007 04:38 PM Permalink
Anusha, you are very correct. that is already happening and nandan is quite aware of it. see game had already began 1 year back. and this is 4th move. its going to be very exciting.
RE:this in not profession. infact unprofession
by mukesh thakkar on Apr 14, 2007 12:16 AM Permalink
New CEO is expected to take the company to upper side of value chain. Achieve it or go Nandan way
