Infosys Financing an Indian Software Start-up Group Members Chotipathana Laopoonpittaya 5504640325 Piyawat Jumphonjit 5504641258 Puvadol Pulput 5504641415 Shusidth Volyarngosol 5504641605 Sirichai Juengudomporn 5504641621 1. Define the issues Infosys is facing. Due to the fact that Infosys wants to offer its stock in the US market‚ the ‘true’ competitors of this company should be US companies NOT Indian companies. For this reason‚ it is less than rational to compare the performance of
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innovative culture and organization has become one of the challenging issues that 21st century managers will have to face and tackle it. To be innovative is to introduce new ideas successfully whereas culture carries the meaning of certain ways of life like beliefs‚ values and behaviors that are shared among a particular social group (Jennex‚ 2008‚ p.107). Innovate or die. It is this serious for organisations if they are lack of innovation as it is seen as the engine of an organisation for growth
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broad terms‚ ‘culture’ refers to the prevailing norms and values which guide the way people behave in a society or in an organisation. Culture at the level of an organisation is referred to as organisational culture‚ and culture at the level of a society is referred to as national culture. Organisational culture refers to an organisation’s own values‚ beliefs and learned ways of doing business. This is reflected in its structure and in the people who work in the organisation. The culture of an organisation
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that once they have recruited the employee in place‚ their job is done. The real challenge that is faced by these industries is not hiring the right person for the right job‚ neither their Performance Management System‚ nor their Work Climate nor Culture‚ but in retaining the employee. It is proven beyond argument that it is the people who make or break the organization. Managing the talent of key employees is critical to achieve the success in long-term by any organization. Talent management
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Executive Summary Infosys Technologies is a billion dollar company with over 58‚000 worldwide and is rated as the Best Employer in India. In 2008 the Indian company had a successful turnover of more than $4 billion. Infosys operates in a number of business ventures ranging from banking to retail‚ and its services tend to encompass end-to-end IT solutions. The company is noted for using its low-risk Global Delivery Model (GDM) to accelerate schedules and reduce costs. As early as 2004 the
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Table of Contents OBJECTIVE 3 BACKGROUND 3 STRUCTURE 3 MANAGING DECENTRALIZATION IN LARGE COMPANY 3 WORK CULTURE 4 MANAGING PEOPLE AND CUSTOMER 4 CREATING FLEXIBILITY 5 DISTRIBUTION OF DECISION RIGHTS 5 LEADERSHIP BY EXAMPLE 5 TRANSPARENCY 5 TECHNOLOGY 6 RECRUITING AND ENHANCING INTELLECTUAL CAPITAL 6 LEARNABILITY 6 KNOWLEDGE MANAGEMENT 7 GOVERNING INTELLECTUAL CAPITAL 7 DESIGN 7 FIT TO IT ENVIRONMENT 7 SCALABILITY 7 STRATEGY MODELS OF AND FOR 8 A BALANCED APPROACH 8 STRATEGY
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Human Resource Management Practices in Infosys INTRODUCTION "Our assets walk out of the door each evening. We have to make sure that they come back the next morning." (Narayana Murthy‚ CEO Infosys). Infosys technology‚ a leading software company based in India‚ was voted as the best employer in the country in many HR surveys in the recent years. The company is well known for its employee friendly HR practices. Though Infosys has grown to become a US $ 2 billion company by the year
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METHODS AT INFOSYS Need for Training The dynamic nature of the software and IT industry requires its workforce to upgrade frequently in technology and skills. Companies were focusing on continuous training and development of their employees‚ which also helped in the reduction of attrition rate. At Infosys‚ every new recruit underwent approximately three months of training before they were made billable to clients. The American Society for Training and Development (ASTD) rated Infosys as the world’s
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Infosys Ltd. Infosys is an Indian IT multinational. Its headquarters is in Bangalore and it has 7 other Indian development centres in Hyderabad‚ Pune‚ Trivandrum‚ Bhubaneswar‚ Chandigarh‚ Mangalore and Chennai. It has a global presence in over 30 countries. Infosys was co-founded by 7 ex-Patni computer systems employees in 1981 with only $250 .Today with annual revenues of ~ $ 7 billion and a total workforce of 150‚000+ employees‚ Infosys is the second largest software services provider in India
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Introduction Organisational structure can be perceived in various angles that projects a new way of thinking in regards to building structure in the organisation. There are three perspectives mainly the modern‚ symbolic interpretive and postmodern that has varying view of theories in regards to the social structure in organisations. Each provides a distinctive scope on how the social structure should be constructed. In this essay we are going to explore the three different perspectives and how each
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