infosys - principles of management - copy
TRANSCRIPT
PERSPECTIVE MANAGEMENT TOPIC : MANAGEMENT IN INFOSYSM.M.S (VIT 2015-16)
INFOSYS : AN OVERVIEW
• Infosys is established by N. R. Narayana Murthy and six engineers in Pune, India, with an initial capital of US$ 250
• End-to-end IT solutions provider• One of the most profitable software services providers in the world• Publicly traded in India since 1993• Fifth most valuable company in India• Listed on NASDAQ since
March 1999• Present market cap at US$ 38.89B for Nov. 13, 2015
SERVICES• Aerospace and Automotive• Banking and Capital Markets • Communication Service Providers • Energy and Utilities• Healthcare• Insurance• Life Sciences • Manufacturing • Media and Entertainment• Retail and Consumer Packaged Goods • Services• Transportation and Services
WORLD-CLASS QUALITY PROCESSES
• CMM Level 5
Reduction in cycle time and defects for six cross functional processes
Orders Through Remittance (OTR) Visa processing US Payroll
Six Sigma
Focus on defect prevention, technology insertion and process changes to improve quality and productivity
Cross functional teams to address improvement areas in strategic management functionsLeadership Development, Customer Relationship Management, Human Resource Management, Information Systems and Process Management
Baldrige
COMPANY JOURNEY
200619991993
1988
1987
1981
Infosys Technologies Limited was started as ‘Data Basics Corp’
First international office in California, US
Bagged its first major order from Reebok
Successfully completed its IPO
Annual Revenues of US$100 M & CMM Level 5 Certification
2002
Rated as the Best Employer in India and India’s most respected Company
Only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award
Rapid Growth due
to Liberalization
Infosys selected as a member of The Global Dow
• Listed on the NYSE market
• Forbes ranks among world's most innovative
• Infosys among top 25 in Caring for Climate Initiative
20122009 2015
• Infosys acquired Skava
• Infosys acquired Panaya Inc.
• Infosys announces USD 250 million ‘Innovate in India Fund’ to support Indian start-ups
MANAGEMENT IN INFOSYSPlanning Vision & Mission • Vision is to be a globally respected corporation that provides
best-of-breed business solutions, leveraging technology, delivered by best-in-class people
• Mission Statement is to achieve their objectives in an environment of fairness, honesty, and courtesy towards their clients, employees, vendors and society at large
ORGANIZATION STRUCTURE : DIVISIONAL (ORGANIZING)
DEPARTMENTS IN INFOSYS : (MAIN)
Executives Responsible for analyzing the big
picture (employees, profits, spending,
etc.) Bring in as much profit as possible
without compromising
company values and standards
HIGHER MANAGEMENT
Managers Determine specific tactics for reaching
organizational objectives set by top management.
They need to get summarized weekly or monthly information
horizontally across functional
lines in the organization.
MID - MANAGEMENT
Software Engineers
Developers who work on
Embedded Services,Media Services, IPTV
and Telematic Services
SOFTWARE ENGINEERS
TRAINING TRAINING
FRESHER`S
Induction/orientation
training
Refresher’s training
Role play training
Internship training
JOB EXPERIENCE
D
On the job training
Corrective training
Promotional training
Redial training
TRAINING – THE PROCESS Training needs &
analysis
Measure training Result
Review Available training methods
Design or select training methods
Implementation Training Programs
Design training Evaluation Approach
Development training objectives
VALUES - CLIFE Client value: To surpass client expectations consistently
Leadership by example: To set standards in our business and transactions, and be an exemplar for the industry and ourselves
Integrity and transparency: To be ethical, sincere, and open in all our transactions
Fairness: To be objective and transaction-oriented, and thereby earn trust and respect
Excellence: To strive relentlessly, constantly improve ourselves, our teams, and our services and products to become the best
WORK CULTURE
DRESSING
• Employees can junk formals
• No Formal dressing compulsion
WORKING WOMEN
• Emotional Well Being• Peer Counselling• Professional Counselling• Doctor on Call• Women Support Cell• Referrals• Pregnacare• Maternity Benefits• Drug Store• Travel Services
EMPLOYEE BENEFITS
• Transfers made Easy• Family Events for
employees• Murmuration –
Employee Involvement Program
• Yammer – Employee Communication
PILLARS OF INFOSYS BU
SINE
SS E
THIC
S • Best global ethics practices
• First Indian public companies to adopt voluntarily the US GAAP
CORP
ORAT
E GO
VERN
ANCE • Internationa
l benchmark standards of corporate governance.
• High CG star grade by rating agency CLSA.
• Effective Communication
• Transparent Annual Reports
CORP
ORAT
E SO
CIAL
RE
SPON
SIBI
LITY • Infosys
established the Infosys Foundation
• Infosys also instituted Infosys Fellowship Program
CSR ROLES• Infosys Fellowship Program.• Rural Reach program.• Catch Them Young. • Train the Trainer.
CHALLENGES :
STRATEGIES :GENERIC STRATEGY
• LOW COST – opened office in Czech, Mauritius , Poland, Philippines
• Invested in Developing Centers
• Improved Quality - CMM Level 5i
• LOW COST global delivery model
GRAND STRATEGY
• MARKET PENETRATION- USA & EUROPE
• PRODUCTS – BFSI , BPO, KPO , Manufacturing , Retail
• MARKET DEVELOPMENT - focus is on reusability, reusing the knowledge on the database systems
DEVELOPMENT STRATEGY
• Voice of Consumer
• Voice of Caution
• Voice of Customer
• Voice of Reason
COMPETITORS
PROFIT ROUTE : 2016• Infosys clocks Rs. 3,398 Cr net profit; Vishal Sikka says ‘will
work hard to buck difficult Q3 trend”• * Revenue guidance FY16 at Rs. 10-12% in constant currency terms
* Announces dividend of Rs. 10/share* Infosys lowers FY16 revenue guidance* Board approves 2015 incentive compensation plan* Board approves issuance of maximum 2% outstanding shares* Five large deals of over $983 million signed in Q2 FY16* Attrition rate up at 19.9% vs 19.2% (QoQ)* Top 25 accounts grew 7.9% in constant currency terms* 38 projects went live in Q2* 82 clients were added in Q2; total number of clients more than a 1,000
SUCCESS STORY - Second largest IT exporter in India with around 1.5 lakh employees
Low Attrition rate
11 % while industry average is 22%
Best known HR practices in the Industry
One of the most ethical companies in the Industry
The most preferred company to work for in India
• Prominently covered in Business Week, New York Times and Wall Street Journal• Most admired company in India - poll by India’s largest business daily, The Economic Times• Infosys figures in Forbes
“20 for 2000”• First recipient of the UTI award for corporate governance - chosen from over 7500 listed
companies in India
THANK YOU !!!
• Visit at www.infy.com