Vineet Nayar is the vice chairman and CEO of HCL Technologies. HCLT is an India based global information technology service company. HCLT is one of the Indian IT leaders‚ recognized globally for its business performance and innovative and management practices. Messaging refers to ways leaders can communicate while focusing the organization’s efforts on creativity and innovation that address change and the adaptive challenge. Internal messaging is information passed to employees‚ shareholders‚
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Competitor Case Study - HCL Technologies Submitted by: Farah Aijaz PGP20121663 SUMMARY HCL has grown faster than Indian IT Industry during the last decade.While HCL growth was lagging behind Indian IT Industry growth during the first half of the decade‚ HCL came back strongly during the second half of the decade. During the first half of the decade‚ HCL revenues grew at a 5-year CAGR of 30% from $207mn in FY2000 to $764mn in FY2005. While HCL Technologies (HCL) was rising at 30% compound
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and economic forces that impacted innovation and change in the global market. “By changing the culture of an organization‚ top management can indirectly influence the motivation and behavior of organizational members.” (Hickman 2010). In this paper I will discuss and analyze some of these trends such as: global‚ economic forces and its impact‚ organizational structure‚ culture‚ process and general management. Nayar’s case study‚ shows that HCL Technologies was becoming a company with growth‚ diversity
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HCL TECHNOLOGIES In 2011‚ HCLT ERS (Engineering and R&D Services)‚ a division of HCL Technologies‚ a global IT services corporation headquartered in New Delhi‚ India‚ had to devise next year ’s plan for the Engineering Out Of The Box (EOOTB) business concept that it had initiated in 2009‚ which transformed the division ’s ability to create "16 productized solutions" and to engage new and old customers in new revenue services. The productized solutions were heavily reliant upon IT platform-based
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Vineet Nayar: A Mavrick CEO Capella University MBA-FP6006 Introduction Webster’s Dictionary defines a maverick as someone who “refuses to abide by the policies or views of a group” (1984‚ p.431). It is no coincidence that Nayar refers to himself as a maverick in the title of his article “How I Did it: A Maverick CEO Explains How He Persuaded His Team to Leap Into the Future” for Nayar certainly reached beyond conventional methodology for making a company more efficient and economically
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Assignment One - Case study‚ Hindustan Computers Limited (HCL Technologies) Behaviour modification strategies. Behavior modification strategies are based on the principals of operant conditioning and reinforcement theory‚ which take the view that learning is influenced by the environment. The renowned psychologist B. F. Skinner expressed that through operant conditioning‚ people’s behavior could be shaped by reinforcement or lack thereof. According to Wood‚ et al‚ a reinforcer is a stimulus
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Abstract Vineet Nayar is a charismatic leader that utilized disruptive innovation to improve HCLT in the IT industry. The rapidly changing IT industry was trending in the global environment. Although HCLT was increasing revenue it was not increasing their market share. To transform HCLT into a market competitor Nayar utilized associating‚ questioning‚ observing‚ networking and experimenting to reach and accomplish HCLT’s success. However‚ Nayar neglected the market status in the beginning of
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The Nayar of India Chrystal Powers Professor Bob Larkin Anthropology 101 April 29‚ 2013 The Nayar of India The Nayar people of India are indigenous people that live in the southwest part of India. Their culture is known to be complex yet fascinating. Generally they were known to be rulers‚ warriors‚ and landowners that rarely worked the land but supervised it. They later gradually lost their political power as they abandoned the role of being warriors. The Nayar
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HCL Technologies Case Study In this Assessment I will use the HCL case study to analyze the trends and economic forces that impact innovation and change in the global markets of HCL Technologies. Analyze the ways that Nayar applied theory to change organizational structure‚ culture‚ and processes to support and sustain innovation in light of the changing global markets. Lastly‚ I will Analyze Nayar’s leadership in relation to the effectiveness of general management planning and decision making
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Forces for Change It is important for organizations to be open to change and know how to deal with it. Many organizations fail to recognize change causing the organization to suffer and sometimes come to an end. There are six forces that stimulate change in an organization‚ nature of the workforce‚ technology‚ economic shock‚ competition‚ social trends‚ and world politics. The consequences of these economic shocks are bankruptcy‚ elimination and sometimes acquisition of organizations causing many
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