Free Essay

Maple Retreat

In:

Submitted By shri1104
Words 4787
Pages 20
991 - HCL Technologies Limited was originally incorporated on 12th November, as "HCL Overseas Limited". The certificate of commencement of business was received on 10th February, 1992. On July 14, 1994, the name of the Company was changed to "HCL Consulting Limited". The Company changed its name to "HCL Technologies Limited" on 6th October 1999 to better reflect the line of activities of the Company.

- HCL provides new technology development services to its clients.

1996

- The 50:50 joint venture with Perot Systems Corporation in the year, provided access to high value client base of Perot Systems.

- The Company has one of the largest software development infrastructures in India. This state-of-the-art infrastructure, which comprises seven software factories, is designed to take advantage of the high productivity and scalability as well as the relatively lower cost of software development in India.

1998

- The Company started addressing the markets in Europe and Asia Pacific.

- The company has a rich heritage in technologies like the Internet and e-Commerce, networking and internetworking, Internet telephony, telecom, embedded software, ASIC/VLSI design and testing, satellite communication, wireless communication and component based object technologies like COM, DCOM and CORBA.

- The Company has the capability to work with a wide variety of computing platforms ranging from Open Client Server systems comprising all flavors of UNIX, Microsoft platforms, AS/400 to enterprise servers like IBM Mainframes.

- The Company also offers strategic methodology consulting led services through its wholly owned subsidiary Intelicent Inc. to global organisations.

1999

- The company announced its public issue on November 10th, of Rs. 1,42,00,000 neq equity shares of Rs. 4/- each. The issue includes a Book Built Portion of 1,27,80,000 equity shares and Fixed Price Portion of 14,20,000 equity shares.

- The company announced on November 11 that it has signed a five-year contract with Gtech and Kla Tencor.

- HCL Technologies has created wholly-owned subsidiaries to cater to specific geographic regions. Its major subsidiary is HCL Technologies America, 100 per cent owned by the company.

2000

- The Company has set up a dedicated offshore development centre in Chennai for KLA-Tencor Corporation, a supplier of process control and yield management solutions for the semiconductor and related microelectronics industry.

- HCL Comnet, the wholly-owned subsidiary of HCL Technologies in association with its new partner Globeset Inc., is scouting for large Internet Service Providers and payment gateways in India to introduce Net security management solutions.

- The Company will set up an offshore development centre for the $2.1-billion semiconductor company, Conexant Inc, in India.

- HCL Comnet, a wholly owned subsidiary of HCL Technologies will invest Rs. 20 crore in the next one year to set up a network operation centre in Delhi and has tied up with Hewlett Packard.

- HCL Technologies, the Shiv Nada controlled software major, has invested in five venture capital funds that specialise in high technology, particularly internet technology, related areas.

- HCL Technologies, in a move to further strengthen its position in the infotech sector, has decided to extend its product base and focus on a range of high value-added products and services.

- HCL Infinet Ltd, the new Internet services subsidary of HCL Infosystems, has tied up with UBS Publishers' Distributors Ltd, one of the largest distributors of books in the country for its soon to be launched portal to sell books on-line.

- Armed with $300 million incash reserves, infotech company HCL Technologies is in the process of acquiring companies in both Europe and the US as part of its expansion drive.

- HCL Technologies has approved, subject to necessary approvals, to split each equity share of Rs 4 into two equity share of Rs 2 each.

- HCL Technologies has entered into a tie-up with BroadVision Inc, a provider of personalised e-business applications, to act as a distributor for the latter's customised software, services, support, maintenance and other related activities.

- Goldman Sachs has rated Infosys Technologies and HCL Technologies as market outperformers and amongst the best quality names in the industry.

- The Company launched the second Nokia professional centre in New Delhi, second among the chain of centres planned by the company across the country.

- HCL Technologies Ltd will be acquiring about 40 per cent equity stake in an Indian networking product company as part of its incubation programme.

- Shiv Nadar-promoted HCL Technologies Ltd is looking at the possibility of opening a software technology development centre in China.

2001

- The Company has signed a five-year strategic partner agreement, with NCR Corp. to develop customer relationship management, store automation and payment system.

- The Company signed an agreement with Toshiba Information Systems of Japan to set up an offshore development centre in India, for the Japanese company.

- HCL Technologies has entered into a strategic alliance with Nasdaq-listed Vitesse Semiconductor ot develop software solutions for global networking markets.

- The Company is setting up a dedicated offshore centre for Vitesse Semiconductor for design and application support services.

- HCL Comnet Systems & Services Ltd., a fully-owned subsidiary of HCL Technologies, is entering into the business of Web-enabling applications through the launch of demand-chain management solutions.

- HCL InfiNet has been rated the best among 16 Internet service providers by ZDNetIndia.com, a technology portal and magazine.

- HCL Technologies October 29 announced that it would pick up 100 per cent stake in Northern Ireland-based IT-enabled services company Apollo Contact Centre in two phases. In the first phase, HCL Technologies would pick up 90 per cent stake in Apollo Contact Centre for $11.5 million from British Telecom (BT), the owner of Apollo Contact Centre.Initially, HCL Technologies, would pay $11.5 million either directly or through any of its subsidiaries to acquire 90 per cent equity in Apollo Contact Centre.

- HCL Perot, a joint venture of HCL Technologies, which already has two levels of re-dundancy in Delhi and Bangalore, is now backing them up with centres in the UK and US. It is setting up a development centre in Woking, South of London and plans to add another in Dellas by the end of the year.

- HCL Technologies today announced the appointment of Anupam Puri, management consultant with McKinsey and Co, as member on its board of directors.

2002

- HCL Technologies Ltd on June 1, 2002 announced a 100% acquisition of Gulf Computers Inc, USA.

- HCL Technologies Ltd announced the formation of a strategic technology joint venture with Jones Apparel Group, Inc. Jones Apparel Group, Inc. a Fortune 500 Company, The joint venture is a pioneering initiative, in synergy with HCL Technologies rebalanced business portfolio and growth strategy, wherein the Company has identified the retail vertical as a high focus area. Worldwide, an increased surge in IT spending in the retail segment is manifesting itself and the market is expected to grow to USD 35 billion by 2005.

-HCL Technologies Ltd announced on August 16, 2002 that it has entered into a joint venture with m.a. partners - a management consulting firm - to address software services opportunities in Global Finance Markets, especially in the areas of Investment Banking, Asset Management and Private Banking. m.a. partners brings a wealth of domain expertise and clients including many of the top Global Investment Banking firms, to the JV.

-HCL Tech, leading global IT services company, on August 19, 2002 announced a strategic alliance with Sento Corporation, a US based customer contact solutions Company.

-HCL technologies Ltd has informed BSE that Mr Vineet Nayyar, Director has resigned as Director of the Company with effect from on December 19, 2002.

2003

-HCL Technologies Ltd has informed BSE that Mr Anupam Puri Director resigned from the Board wef May 08, 2003. The Board of Directors has been expanded with the induction of three new members- Mr Amal Ganguli, Mr Cyril Shroff & Mr Subroto Bhattacharya.

-Partners with Alayance, a USA based company, to enhance Enterprise Application Integration expertise

-Signs agreement with SuperH Inc., the leading supplier of multimedia reduced instruction set computing (RISC) central processing unit (CPU) cores, enabling the company to become the first member of the 'SuperH Design Agency' Program

-Members approve Scheme of Arrangement between the Company, HCL Infosystems Ltd, HCL Infinet Ltd

-Receives $160 ml BPO deal from BT Group, UK's telecom service provider

-Inks pact with Questa Corp. to provide implementation support for customer projects

-Wins mandate from Airbus Industries for the development of embedded software for the system data acquisition computer of the A-340 flight warning system

-HCL Comnet, a wholly- owned flagship of HCL Technologies, secures Rs 31 crore network management order from National Insurance Corporation (NIC)

-Partners with Magma Design Automation Inc. to offer expert design services for leading edge integrated circuit designs

-High Court sanctions Scheme of Arrangement between HCL Infosystems, HCL Technologies, and HCL Infinet

-Joins the Xperts program of Xilinx Inc (Nasdaq:XLNX), the worldwide leader of programmable logic solutions

-Signs a multi- year, multi- million dollar collaborative IT co-sourcing contract with AMD, a leading supplier of integrated circuits for the personal and networked computer and communications markets

-Pursuant to Scheme of Arrangement between HCL Infosystems Ltd, HCL Technologies Ltd, HCL Infinet Ltd and their respective shareholders and creditors, as approved by Hon'ble High Court of Delhi, the Merger Committee of HCL Technologies Ltd on August 30, 2003 allots 7,075,154 equity shares of Rs 2/- each fully paid up to the shareholders of HCL Infosystems Ltd.

-Registered Office changed to Nehru Place, New Delhi

-Hcl bpo head Sujit Bakshi quits the company

-HCL announced that it has reached an agreement with Perot Systems to divest its stake in HCL Perot Systems for USD 105.3 Mn. This is for an all cash consideration.

-US firm acquires HCL's equity in Joint Venture

-Hcl Technologies Ltd has informed that Ambassador Richard Burt, Director of the company, has retired by rotation at the Annual General Meeting of the Company held on December 20, 2003 and it was furthur resolved at the meeting not to fill in the vacancy caused by his retirement.

2004

-has formally announced that it has bought out the 49.5 per cent equity shares of erstwhile HCL Perot Systems (HPS) from their joint venture known as Aircom HPS Wireless Services (AHWS).

-Hcl Technologies Ltd has informed that the shares of the Company have been delisted from Delhi Stock Exchange (DSE) wef January 23, 2004.

-HCL Tech Sets up Insurance Solutions Center in Chennai

-HCL Technologies has entered into a strategic tie-up with IBM Rational Software, a division of IBM, to strengthen its software development capabilities.

-HCL Technologies Ltd has informed that the Company has on May 18, 2004 announced the appointment of Stuart Drew as Director (Europe) Global Insurance Practice

-HCL Technologies display new set of software solutions based on Microsoft's Smarter Retailing Initiative

-HCL Tech arm ties up with Cicada

-HCL Technologies named Microsoft Global Systems Integrator Partner

-HCL Technologies unveils latest RFID based asset management solution at ESEC, Tokyo -HCL Technologies Ltd today (July 13, 2004) announced that the Company has been conferred the prestigious "Excellence in Education Award" for 2004 by the Life Office Management Association (LOMA)

- BPO delivery centre in Chennai gets BS7799 certification, by the British Standards Institute (BSI) on August 27, 2004

-Introduces CrosSView, a framework based Computer Systems Validation (CSV) methodology for the development of robust software applications in the Life Sciences arena.

-Delist from the Madras Stock Excahnge Limited (MSE) w.e.f. December 22, 2004.

2005

- Enters into an agreement with Agere Systems a global leader in semiconductors for storage, wireless data and public and enterprise networks.

- Forms partnership with Compuware Corporation, a world leader in delivering software and services that enable businesses to manage their enterprises and maximize the value of their IT assets.

- Signs MoU with the "Supercomputing Facility for Bioinformatics and Computational Biology" (SCFBio) at IIT Delhi to work collaboratively on high-end projects in the area of drug discovery and development including genomics and protemics projects.

-SEBI ties up with HCL Technologies for market surveillance solutions

-HCL Technologies forms joint venture with NEC, Japan

-HCL Technologies launches easy Labelling Solution for US FDA's SPL

-HCL Technologies & Talent & Pro enter into partnership to provide solutions in Banking, Insurance & Financial Domain to Europe

-HCL Technologies & EXA, Japan announce strategic partnership

-HCL's Infrastructure Services Division ranked a 'Strong Performer' in Remote Infrastructure Management by an International Research firm

2006

-HCL Technologies & Qumas signs distribution agreement

-HCL Tech joins hand with Wavesat

-HCL Technologies Launches RoHS Compliance Management System For Medical Device Users

-HCL enters $70 m outsourcing deal with Teradyne of US

-HCL Launches "Trusted ICT Infrastructure Platforms" for BPO-ITeS Segment

-HCL appoints Karan Puri Sr. Vice President of Retail, Media & Entertainment in North America.

-HCL Technologies & Sage sign Alliance to develop Private Wealth Management Solutions

-HCL Technologies Ltd has inked pact with Canada based electronics manufacturing services company Celestica Inc to jointly design and manufacture electronic products for global original equipment manufacturers (OEMs)

2007

- HCL Technologies forms strategic alliance with Eckler to strengthen Insurance Domain expertise

-HCL Technologies Ltd and Advanced Electronics Company (AEC), a Riyadh-based Economic Offset Program Company, have signed an agreement to implement IT (Information Technology) projects in Saudi Arabia.

-HCL Technologies has forayed into an alliance with $200 million Saudi Arabian company Advanced Electronics Company (AEC) to implement IT projects in West Asia.

-HCL Technologies Ltd on June 18, 2007 announced a US $15 million contract with Alenia Aeronautica, to provide engineering services that will support the improvement of the C-27J Spartan production line.

-HCL Technologies Ltd has announced that Vineet Nayar, President of the Company will assume the CEO chair with effect from October 16, 2007. Shiv Nadar will be the Chairman and Chief Strategy Officer of the Company.

-The Company has issued Bonus Shares in the Ratio of 1:1.

2008

-HCL to acquire British BPO firm

-HCL BPO to adopt non-linear growth strategy

-HCL completes acquisition of UK's Axon

-HCL wins over Axon board for takeover bid

-HCL Technologies Launches First-of-its-Kind on-Demand Software Testing Lab 2009

- HCL Technologies has entered into a five-year transformational IT infrastructure management engagement with the Energy Future Holdings Corporation (EFHC), a Texas-based, privately-held energy company.

-HCL signs a Rs 393 crore, 7 year end-to-end IT Services engagement with National Insurance Company

-HCL Tech gets outsourcing contract from MTV Networks

-HCL Signs a five year engagement with Energy Future Holdings for IT Infrastructure Management Services

-HCL receives the International Investor of the Year Prize

-HCL Technologies Emerges as a Most Admired Knowledge Enterprises (MAKE) Winner

-HCL Technologies opens Global Development Center in Brazil to service growing client base in Latin America, North America and

-HCL Technologies opens Global Development Center in Brazil to service growing client base in Latin America, North America

2010

- HCL Technologies has announced a partnership with nMatric of the U.S. for providing intelligent shopfloor solutions to automotive manufacturers.

- HCL Tech - HCL AXON Launches, iControl, a Utility Web Enablement Solution for Customer Billing and AMI

- HCL Technologies and Talisma enter into a Strategic Partnership

- HCL launches fastest laptop

- HCL Technologies - International Aerospace and Defense Leader Meggitt Signs $50 Million Global Engineering Transformation Service.

- HCL AXON, a division of HCL Technologies, the world's largest services provider dedicated to SAP® solutions, announced that it has signed a strategic Go-To-Market (GTM) partnership and implementation agreement with NextLabs, Inc., the leader in policy-driven information risk management solutions.

2011

- HCLTechnologies - HCL enters into a strategic partnership with Tangoe.

- HCL Technologies Ltd 's Lippo and HCL signs Landmark Memorandum of Understanding In -presence of Indonesian President.

- HCL Technologies - HCL Opens Global Enterprise Mobility Lab in Singapore

- HCL Technologies Launches CataLOG; The one-stop Supply Chain Platform for SME's powered by eBizNET Solutions.

- HCL Technologies - HCL Launches ACE SmartCare Solution at HiMss.

- HCLTechnologies - New Trend in BPO talent acquisition

- HCL Technologies ties up with Orion Edutechs

2012

- HCL, a global IT services company, has another feather in its cap. According to the reports, the company has been selected by Statoil, a leading Norwegian energy company, as the partner for strategic infrastructure management services.

- HCL Technologies enters into strategic relationship with State Street to provide BPO services".

- HCL Tech bags outsourcing deal from State Street

- HCLTechnolog - HCL BPO Services (NI) announces consultation on redundancy proposals and recommits itself to Northern Ireland.

- HCL Technologies enters into strategic relationship with Great American Insurance Group

- HCL wins ICD 10 transformation deal with Blue Shield of California.

- HCL partners with Cisco to open South Africa Centre of Excellence (GCoE) in Johannesburg

In 1976, during lunch time at Delhi Cloth Mills, DCM, a group of six young engineers in the office canteen were discussing their work woes at DCM's calculator division.
Despite them all have having jobs that paid them well, they were an unhappy lot -- they wanted to do more, riding on their own gumption. They decided to quit their jobs and start a venture of their own.
The man who was fuelling the ambitions of his five other colleagues at that canteen was a 30-year-old engineer from Tamil Nadu, Shiv Nadar. And this is how the story of Hindustan Computers Limited, HCL began.
Nadar and his five colleagues quit DCM in the summer of 1976. They decided to set up a company that would make personal computers. They had gathered enough technical expertise at DCM's calculator division, but like for all start-ups, getting funds was the problem.
However, Nadar's passion for his new dream company and the support of his enthusiastic colleagues soon made the task very easy.
Founder, Chairman and CEO, HCL Technologies, Shiv Nadar told CNBC-TV18, "The first person I met was Arjun and he was also a management trainee like me. He was a couple of batches junior to me. . . We became very good friends and we are still very good friends. Then, the rest of them all worked for DCM and we all are of similar age, so we used to hang out together, crib together, have fun together, work together.
Nadar would first have to gather cash to give wings to his idea of manufacturing computers. He floated a company called Microcomp Limited -- through which he would sell teledigital calculators. This venture threw up enough cash to allow the founders to give shape to their ultimate dream to manufacture computers in India, at a time when computers were just sophisticated cousins of the good old calculator but support also came from the Uttar Pradesh government.
Finally, the founders put together Rs 20 lakh (Rs 2 million) and HCL was born.
The year after HCL was floated, the Indian government reigned in the ambitions of the foreign companies in India. This pronounced the death knell of companies like IBM and Coca-Cola while bells began to ring for Indian entrepreneurships like HCL.
Managing Editor, The Smart Manager, Dr Gita Piramal says, "Few Indian businessmen were happy when George Fernandes became industry minister in 1977, when the Janata Party came to power. Foreign businessmen were even less happy that Coca-Cola and IBM left India. IBM's leaving, left a major vacuum and this was the vacuum in which Shiv Nadar spotted an opportunity. He stepped in and customers began to trickle in."
HCL started shipping its in-house microcomputers around the same time as its American counterpart Apple, and took only two more years to introduce its 16 bits processor.
By 1983, it indigenously developed a relational data based management system, a networking operational system and client-server architecture, almost at the same time as its global peers. The road to the top was now in sight and HCL took it a step further by exploring foreign shores.
HCL's first brush with international business came about in 1979 when it set up a venture in Singapore; it was called Far East computers. HCL was only three years old and its net worth was around Rs 3 crore (Rs 30 million). Shiv Nadar set up an ambitious target for the venture and notched up sales of Rs 10 lakh (Rs 1 million) in the very first year.
Co-Founder, HCL Technologies, Ajai Chowdhry says, "We discovered that there was a good opportunity to enter Singapore with our own hardware we had manufactured in Singapore. But the strategy was very clearly around selling computerization rather than computers and so we actually took the whole idea of hardware, software solution and service and packaged it and presented it as computerization."
Even as it was basking in its success in Singapore, HCL planned a whole new area of expansion and it tapped into a territory that was lying unexplored in the country - computer education. Sensing the increasing demand for computer training, HCL set up NIIT in 1981 to impart high quality IT education in India.
Nadar explains, "We knew many people in IIT and Indian Institute of Science. We formed an advisory panel and asked them, can you help us navigate this whole thing and they were very enthusiastic about this and they of course shaken up a little bit when they saw that we started advertising in Bombay -- selling education as a commercial project."
From calculators to IT education, the first five years of HCL was a combination of growth and expansion riddled with uncertainty but the company was now gearing up to set a much bigger target for itself and an announcement from the government would help it takeoff to those soaring heights.
In 1984, the Indian government announced a new policy that would change the fortunes of the entire computer industry. The government opened up the computer market and permitted import of technology. With new guidelines and regulations in place, HCL grabbed the opportunity to launch its own personal computer.
The demand for personal computers was slowly but surely mounting in the Indian market. Most banks were shifting to the UNIX platform. A few companies approached HCL for personal computers, so, the founders flew all over the world to bring back PCs they could take apart, study and reproduce and indigenously upgrade. Their first innovative personal computer was ready in three weeks' times and soon they launched their first range of computers, and they called it the Busybee.
Chowdhry says, "In a lot of ways, it opened up the market because one thing was that, you no longer had to develop basic stuff in India - like operating systems but on the other hand it opened new opportunities like banking because as per government policy, all banking computers must be UNIX based. So, feverishly we set out creating a UNIX based computer and we bought the UNIX source code and created that product out of nothing."
In two years, HCL became one of the largest IT companies in India. The founders now went to different corners of the country to set up sales and marketing offices and it now needed the brightest minds to take it to the next level of competition.
Campus recruitment in management and technical institutes began in full swing and HCL grabbed some of the best talent by offering pay packages that outscored some of the best companies of the time -- Rs 2,000 per month to start with.
The adrenaline rush of the first half of the 1980s and the rapid expansion strategy soon caught up with HCL. A turning point came in 1989, when HCL on the basis of a report by McKinsey and Company decided to venture into the American computer hardware market.
HCL America was born but the project fell flat on its face. HCL had failed to follow a very crucial step necessary to enter the US market. A big disappointment was on its way.
Piramal says, "For every entrepreneur, the US will always remain the dream market. It's the biggest market in the world and Shiv Nadar obviously was drawn to it but he really didn't know what he was getting into. The computers he made didn't get environmental clearances. In fact, HCL probably turned into his biggest mistake but HCL and Shiv himself, he is a very strong person, he understood he was making a mistake, he saw that Infosys and Wipro are doing really well in software and he was not too proud to change gears and finally HCL did enter the software market."
It didn't take too long for HCL to brush off the disappointment in the US. Its first failure in the US was set aside in 1991 and HCL entered into a partnership with HP (Hewlett-Packard) to form HCL HP Limited. It opened new avenues for HCL and gave opportunities to firm up its revenues.
In three years, another new possibility came knocking at its door and in 1994, HCL looked beyond PCs and tied up with Nokia cellphones and Ericsson switches for distribution.
Chowdhry explains, 'In 1991, when India didn't have enough foreign exchange. We were in the hardware business and we didn't have enough funds. That's the time when a clear thought entered our minds - that we should globalize and in the very early days, we actually created a joint venture with Hewlett-Packard.
In 1997, HCL was already a multi-dimensional company spun off HCL Technologies Limited to mark their entry into the global software space. It made up its mind to focus on software development, which was twenty years behind its entrepreneurial journey, Shiv Nadar was now ready to take on global competition with all his might.
From 70s to 90s, the HCL story was one of steady rise but in the face of its rapid expansion and continuous flow of achievements, Shiv Nadar didn't anticipate that he would be in for a rude shock and that it would come from someone very close.
In 1998, Arjun Malhotra, Shiv Nadar's comrade and friend decided to leave the company to start his own TechSpan, headquartered in Sunnyvale, California. He was also one of the largest shareholders in HCL Infosystems at that time. For Shiv Nadar, it was time to think afresh.
The revenues were shrinking from the hardware sector and Nadar now decided to redesign HCL. The company once again needed funds to grow and this time around, Nadar decided to look at the capital market. An initial public offer (IPO) was made on the Indian Stock Exchange in 1999, which was a stupendous success.
President, HCL Technologies, Vineet Nayar says, "The shareholders supported us and then I think we started with Rs 580 an IPO and went up to Rs 2,800 or something like that. So, it was a dream run, I think the shareholders bought the argument we were making, they liked the articulation of the strategy, they liked the management team and they liked the vision we were painting and they supported the stock full time and that was a turning point for HCL."
Shiv Nadar now put aside his dream of becoming a global hardware major and venture into software with an open mind and a clean slate. Technology was opening up vistas of opportunities in the software sector and HCL now wanted to build new businesses.
Global business became a priority, so, now they started a BPO in Ireland in 2001. His partner in this ambitious venture was British Telecom.
The years that followed saw HCL in an expansion mode. In 2005 alone, HCL signed a software development agreement with Boeing for its 787 dreamliner programme. Next came a venture with NEC, Japan.
It even brought out the joint ventures Deutsche Bank and British Telecom's Apollo Contact Center. In the same year, HCL Infosystems launched it sub Rs 10,000 personal computer and joined hands with AMD and Microsoft to bridge the digital divide.
The successes of 2005 spilled over into 2006 and the company now produced over 75,000 machines in a single month, with more parallel joint ventures growing on its list. But in spite of this overwhelming success, Shiv Nadar would not rest. There was a nagging sense of dissatisfaction and perhaps not having exploited its full potential that still drove Nadar and the company to achieve much more.
Thirty years after starting his company, Shiv Nadar really does not have much to complain about. Hindustan Computers Ltd today is an empire worth $3.5 billion with staff strength of 34,000.
But then dissatisfaction has been the quintessential factor that has made Shiv Nadar the visionary that he was and continues to be. Dissatisfaction once drove him to quit his job at DCM and it is that same quality even today, that is driving him to achieve much more when he can quite easily rest on his laurels.

Similar Documents

Free Essay

Maple Retreat

...The 3 key points you would take into account about the Maple company/business in order to define the “best possible candidate” are: 1. High-profile customers: Maple’s clients are high-income people that expect “a high level of professionalism from the staff”, and the course is expected to be in an “impeccable condition”. We believe that the first statement is more important for the job, as professional staff can be taught to have the course in an impeccable condition. Therefore, candidates have to be friendly to customers, good looking, have good manners and good attitude to learn. 2. Physical requirement and teamwork: Candidates have to be physically prepared for the job, and have to be able to start working at 5:30 am with a smile on their face, for which we need an active and fit person. Additionally, the job characteristics require team players. 3. Poor pay and seasonality: The job has a low pay in addition to being offered for only 8 months per year. Additionally, candidates must be happy with their positions in order to be nice to clients. This probably involves that the person you are looking for is someone who had an even worse job. The key aspect in choosing someone would be that the person does not have an attractive alternative job in terms of salary or job scope. Even if this candidate does not have optimal skills, we can train him and bring him to speed. Additionally, someone who, for example, is used to cleaning bathrooms, could be very happy working in a distinguished...

Words: 638 - Pages: 3

Premium Essay

Kenworth Motor Case

...company, such as daily production rate, cost and sales, as well as a little bit of himself, personal background. However, through the conversation, the OD consultant was ineffectively identified any existing or potential problem or issues that needed to be addressed or things that could be improved within the company. The questions that might have been asked to clarity organization issues could have been, what are the goals for each section? What’s the task structure for each section? What’s the nature of team functioning in the section? What’s the next phase of Kenworth Motor? The contracting process was effectively because Mr. Denton was very open to the OD consultant and quickly agreed to have a retreat weekend project as consultant outlined. The scope of the retreat was jointly of Mr. Denton and the OD consultant to...

Words: 818 - Pages: 4

Free Essay

Survivalism

...Jack Spirko owns a media company, has a wife and son, and lives in a nice house in Arlington, Texas. Spirko, considers himself an average guy explains the Connecticut Post of April 19, 2009. But for the past few years, Spirko has been stockpiling food, water, gas, guns and ammunition. He also has a stash of red wine, Starbucks coffee and deodorant. Spirko explains, "I refer to myself as a modern survivalist, which means I don't do without. I take all these things very seriously" Jack Spirko, is part of a growing movement of people referred to as "modern survivalists" or "preppers," who are constantly preparing for a disaster-- natural, economic or Palin-made, I mean man-made. Or as survivalists put it; TEOTWAWKI, and no it is not Ewok Language, but instead stands for The End Of The World As We Know It. According to the Associated Press of May 25, 2009 Survivalblog.com, just one of the many survivalist websites which garners 137,000 unique visitors per week and the number is growing. Frank Furedi, Professor of sociology at the University of Kent at Canterbury, says people should calm down. For all the talk of a global bird flu pandemic, in the past five years there have been 200 human deaths from bird flu. In the same period No.1 more than six million people have died from diarrhoeal diseases and No. 2, more than five million in road accidents – these would seem to be more pressing, practical problems to solve. Today we will first, discuss the problems associated with the do or...

Words: 289 - Pages: 2

Premium Essay

Introduction

...2015 Women & Power Retreat SCHOLARSHIP APPLICATION PACKET The Omega Women’s Leadership Center offers scholarships to enrich holistic learning. Overview PROGRAM: Women & Power Retreat: Being Bold LOCATION: Rhinebeck, New York BRIEF DESCRIPTION: Since 2002, Omega’s Women & Power series has brought thousands of women together to explore issues of power, spiritual growth, and social action. In a weekend of inspirational keynotes, stimulating panel conversations, and experiential workshops, participants are invited to reflect, heal, and gain skills for living with greater purpose. TYPES OF SCHOLARSHIPS:  Full scholarship: tuition plus Accommodations & Meals Package or commuter/facility fee  Partial scholarship: any combination of full or partial coverage of tuition, Accommodations & Meals Package, and/or commuter/facility fee TRANSPORTATION: The cost of transportation to/from Omega is NOT included (with the exception of a limited number of seats on a shuttle bus to/from NYC requiring pre-registration.) APPLICATION DEADLINE: July 10, 2015 NOTIFICATION: You will be notified no later than July 24 and, if offered a scholarship, you will be asked to confirm your attendance by July 31. BALANCE DUE: For recipients of partial scholarships, any remaining balance will become due and payable when you receive your registration confirmation from Omega. REQUIREMENT: Scholarship recipients are asked to offer their feedback by committing to complete an online evaluation...

Words: 1394 - Pages: 6

Free Essay

Paper

...earliest date your space will be available for move-in. Move-In Day Procedure: • Please arrive at the clubhouse main entrance for check-in. Your check-in time is based on your room assignment. Check-in times are below. • Rent, fees, and deposit are due 15 days prior to move-in, August 1, 2014. WE DO NOT ACCEPT CASH. • Any outstanding paperwork must be completed before receiving keys. This includes obtaining an approved Guarantor. All Guarantor forms must be notarized unless signed at The Retreat office and witnessed by a Retreat Staff member. If you’ve chosen to self-qualify, proof of income must be received and approved. • You will also need to bring proof that you have switched the electricity, water, & trash into your name. Please provide either an account number or paperwork from the utility company. If you have purchased The Retreat utility package, this is not necessary as the utilities will remain in the Landlord name. All roommates must choose the same utility option. • If you plan to bring a pet, please complete the Pet Addendum and pay the pet fee. If your pet violates the Pet Addendum, it will not be allowed. If you do not have the Pet Addendum entirely completed and your pet fee paid, your pet will not be allowed. Your pet will be required to stay off property until the pet addendum is completed and the pet fee is paid. We will not accept the addendum without the fee and will...

Words: 1718 - Pages: 7

Premium Essay

Is3350 Unit 3 Assignment

...In this lesson, the resulting layout allows the user to compare the differences between the changes in vegetation and invasives over time. The maps on the left side of the layout display the vegetation groups found inside of the study area located within the Ottawa National Wildlife Refuge. The maps on the right side of the layout, contain data of the same study area but show how invasive species community has changed. To show changes over time, the maps were digitized from 3 different decades 1962, 1973, and 2005, respectively. The map also displays the annual average depth of Lake Eerie for each year. Included at the bottom of the layout, is a reference map to show the study site in relation to the state of Ohio. This map can be effective because the user can study the map and take away a basic understanding about how the water levels have had an impact on the vegetation groups throughout the study area. It can also be determined from the 2005 Invasive map that the invasive species have increased throughout the study area compared to the previous decades. Although this layout style can communicate a basic message, it lacks real depth. While this may be a visual aid to some, having real data and numbers would allow the user to make many more inferences about the study area's vegetative community. I find this layout to be very busy, and I suspect it could be overwhelming to anyone unfamiliar with the study. Another challenge was turning on the OpenStreetMap layer for all 7 maps...

Words: 464 - Pages: 2

Free Essay

Leaf Decomposition

...ENVS 1500 – Assignment #1 Leaf Decomposition Working Hypothesis: Different tree species leaves will not decompose at different rates. AND Different tree species will not harbour different soil animals. Decomposition Rates: ln (Mo÷Mt) = k × t Maple: t = 42/365 = 0.11506849 Mo = 0.780769231 Mt = 0.569230769 Isolate for k. ln (0.780769231 ÷ 0.569230769) = k × 0.11506849 ln (1.37162162258309) = k × 0.11506849 0.315993705978644 ÷ 0.11506849 = k k = 2.746135853339551 European Buckthorne: t = 42/365 = 0.11506849 Mo = 0.418181818 Mt = 0.154545455 Isolate for k. ln (0.418181818 ÷ 0.154545455) = k × 0.11506849 ln (2.705882343806228) = k × 0.11506849 0.99542804905692 ÷ 0.11506849 = k k = 8.650743996526937 Figure 1.1: Organisms Observed (Maple Leaves): Species Name | Taxonomic Category | Role in Food Webs | Fire Ant | Hymenoptera | Omnivore | Common Centipede | Scutigeromorpha Pocock | Carnivore | Earth Worm | Megadrilacea | Decomposer | Earwig | Dermaptera | Carnivore / Herbivore (less common species) | Sow bug (Woodlouse) | Isopoda | Decomposer | Termite | Isoptera | Herbivore / Decomposer | Daddy Long Leg | Pholcidae (Araneae) | Carnivore | Common Ant | Formicidae | Herbivore | Millipede | Diplopoda | Herbivore / Decomposer | Aphids | Hemiptera | Herbivore | Garden Spider | Araneae | Carnivore | (ITIS, 2013) (Evans, 2007) (CISEO, 1997) (Meyer, 2007) Figure 1.2: Organisms...

Words: 1632 - Pages: 7

Free Essay

Organism Paper

...Japanese Red Maple is a beautiful and breathtaking tree. They are commonly a very short tree but can reach heights of up to 20 feet in the correct environment. The Japanese Red Maple is not a native to America, where it is so commonly known today, but was brought to the U.S before World War II. (Bellarmine.edu) In Japan, the tree can grow very wide and be much fuller than it is here in America. The Japanese Red Maple, used most commonly as a yard decoration, is also (as all plants are) a great source of oxygen. Even though they can be small as bonsai trees, Japanese Red Maples are beautiful trees that help enrich the surrounding environment with oxygen and rich beautiful color. A Japanese Red Maple can grow in many different environments. With the ability of living in USDA zones 5 through 8, this Japan native has become a popular plant in America. The bending and winding branches, even on the shorter trees, give this tree a different look that many consider attractive. This tree grows very slow, on average 2 to 3 feet per year. It does not require many nutrients so it does not need much upkeep. Just enough water to keep it feed. The Japanese Red Maple needs both sunlight and shade in order to properly grow, if kept in too much sun, the tree can be damaged and burned. ( (Roy, 2006)) The Japanese Red Maple “has a strong fibrous root system, multiple stems, and slender shoots that end in small paired buds.”( (Roy, 2006)) In North Carolina, where I live, the Japanese Maples, do not...

Words: 1080 - Pages: 5

Free Essay

Maple Tree

...The Maple Tree Druid horoscope for Maple (The DailyHoroscope by Comitic) Druid horscope for Maple. The Maple is known as the luckiest of trees. It embodies a happy spirit because it represents very desirable qualities, such as success, wealth, and general prosperity. This is a very positive and constructive sign. It is only natural, then, that Maple people are always pleasant to be around because they are cheerful, joyful, and active. These dynamic people are quite adventurous and always seek out excitement. Even when a Maple Tree person isn't the most gorgeous one in the room, he or she can easily compensate for it with an outrageous, interesting, and outstanding personality. Maples are known to be offbeat, extravagant, and even a bit bizarre. They are always aware of all the new trends, social customs, and the most recent discoveries in the world around them. On any given day they are involved or considering any number of interesting and exciting projects. However, they rarely implement any of their daring ideas. Maples prefer to watch others achieve their goals. Maple people have irrepressible energy; they are simply restless! They are interested in too many things at once. Sometimes Maples feel that if they stop even for a moment, they will miss out on something very important. Despite their daring personalities, Maple people are not extremely courageous. The only reason they decides to take a risk is because Maples have a very low sense of danger. ...

Words: 432 - Pages: 2

Free Essay

Trees

...Read this essay on the Importance of Trees ! Plants are very important for us. They provide us fresh fruits, wood, natural herbs and many things of professional value. They are home to numerous wildlife, bugs and creatures. They provide colour to men and creatures. They prevent famine and cause rain fall. They help in verifying polluting the environment. They provide us fresh air to take in and play essential role in the process of CO2. So, we should increase forestation. Wood is the most effective product that trees provide us with. We use wooden often. Wood is used as petrol and wood. Wood is used to make furnishings. Wood is also used to lay the paths of the railways. Plants are excellent sources of therapeutic natural herbs, ribbons and raw materials for many sectors. We get resins, organic gum area, etc. from the trees. The bamboo sheets bedding is an essential wide range of shrub which develops in large quantity. It is of excellent professional value. It is found everywhere. It is used as building content to make short-term shed. It is an essential resource of protection for the poor and financially sluggish individuals. Bamboo is used to make pads, barrier, bag and various products of the crafts. Bamboo is used as raw content to make paper. Cane is another wide range of shrub which is used in many things. Mats, rules and furnishings are created from the cane. Furniture created of cane is highly creative, wonderful and costly. Lac is one of the most effective...

Words: 456 - Pages: 2

Free Essay

Strategy for Hannahs Bakery

...SPECIES DESCRIPTION SIZE €PRICE(PER TREE) Bare Rooted Our trees are quoted for bare rooted unless otherwise stated. Alders Common Alder Quick growing up to 20m, for shelter. Grows well in heavy or wet soils. Wind resistant. Suitable for costal locations. 1-2ft 5ft 10ft 10ft €1-2 €8 €30 €50 (potted) (Alnus glutinosa) Italian Alder Quick growing up to 20m. More decorative than other alders; tolerating drier and limey soil, wind resistant; For shelter and avenue planting. (Alnus cordata). 1-2ft 5ft 10-14ft 10-14ft 15-20ft - €1-2 €10 €25 €40-50 (potted) €75-125 Red Alder Initially very quick growing up to 20m; withstands wind and coastal conditions; for shelter belts, copses etc. (Alnus rubra) 9ft 9ft 15-20ft 15-20ft - €18 €30 (potted) €75 €130-140 (potted) Ashes Common Ash Grows up to 30m, on most soils even limey; vigorous root system, withstands wind and coastal conditions. 2-3ft 3-5ft 9ft 10-14ft 10-14ft €2-3 €6 €18 €30 €40-50 (potted) (Fraxinus excelsior) Fine Leaved Ash Grows quickly up to 25m. Decorative foliage, wind resistant, grows anywhere. 12ft+ 12ft+ €30 €40-50 (potted) (Fraxinus angustifolia) Manna Ash Grows up to 15m in most soils; decorative, snowy white flowers in May. 8-9ft €30 (Fraxinus ornus) Beeches Copper Beech Up to 30m. Very decorative, needs some shelter; good growing, used as specimen and hedging. . 3ft €3 3ft €8-9 (potted) 5ft €15 5ft €20 (potted) 8ft €20-25 8ft €30-35 (potted) 9ft €25-30 9ft €35-40...

Words: 3537 - Pages: 15

Free Essay

Abhi

...the Appalachian Mountains, in a town named Pikeville.     Pikeville is a polluted town because of the coal industry. People live in apartment or condominium buildings because of its little space available. I grew up in one of the many buildings in Pikeville admiring from my bedroom window the beauty of the mountains, always exploring with my eyes the forest or the meadows, looking for a clean and quiet place. And, I found one on a hill in the back of the town. It is about 100 feet square, it has seven old trees, wild flowers and a lot of bugs and ants during summer time.     I used to go there to sit down on a rock and watch the town and my trees. There was a very old tree, a maple tree, with a huge trunk. The others were smaller, three in the back, three on my left side and the old maple tree on my right. There were flowers, many kinds, white, yellow, purple and blue. It was nobody's place. Nobody owned that hill, but it was beautiful and peaceful and I dreamed many times about a white house over there.     I think that, these kinds of places are meaningful to people because they are natural and people can be there alone, away from their everyday life.     I used to go there to be alone or to dream with my eyes open admiring the blue sky or the...

Words: 704 - Pages: 3

Free Essay

Financial Analysis of Gm and Toyota

...Autumn ending later in north hemisphere, research shows Rebecca Tackett Union Institute and University March 30, 2014 Autumn ending later in north hemisphere, research shows Researchers from the University of Southampton are saying that study are showing that autumn is taking place later in the years and spring is starting earlier. Satellites were used over a 25 years period to identify changing patterns in vegetation. They were looking for changes in leaf cover, color and growth. The study was led by Professor of geography Peter Atkinson who says that there is much speculation about whether climate change is related to the seasonal changes. He believes this study is a significant piece of the puzzle. They believe that the climate change does have an effect of the change in vegetation growth cycles types of vegetation. The studies looked at several types of vegetation such as mosaic vegetation, broad-leaved deciduous forests, and mixed leaved forests. They analyzed groups of vegetation in which the size has not been affected by human intervention. The biggest change was shown in the broad-leaved deciduous forest and the needle-leaved deciduous forest. This showed that autumn is happening significantly later in the year. The evidence was more pronounced for a later autumn than the evidence for the earlier spring. Professor Atkinson also says that there have been similar studies done in the past but that have not been as rigorous or accurate as this one. The research...

Words: 267 - Pages: 2

Free Essay

Maple Syurp

...MAPLE SYRUP When I think about maple syrup one of the first thoughts that comes to mind is a huge maple tree trunk with a metal buckets hanging on it. The age old tradition of “sugar bushing” (maple trees used to be referred to as sugar bushes) is a little foggy. It has been said that early settlers in the United States learned about sugar maples from Native Americans Indians. No one is exactly sure how it all began but it is rumored that an Indian Chief of a tribe threw a tomahawk at a tree and when sap ran out of the tree his wife used the liquid to boil venison. Another story holds that American Indians stumbled on sap running from a broken maple branch. Maple Sap typically runs out of maple trees on days when the temperature is around 40 degrees following a night when the temperature dropped below freezing. Farmers would drill holes into the trees to allow the sap to drain. Every day or two the farmers would empty the buckets into larger containers and haul the watery substance to a "sugar house". The sap is about 98% water and it takes about 40 gallons of sap to make one gallon of maple syrup. The sugar makers would boil off most of the water over a wood fire and what remained was sweet brown syrup. Other sugar makers would heat the sap down even more turning it into crystallized sugar. In the modern era the process has developed to the point that the sugar industry produced evaporators that were in essence giant frying pans with fire boxes built underneath. Most serious...

Words: 1101 - Pages: 5

Free Essay

Marketing Plan of Ahorn Syrup

...1. Executive Summary Ahorn is a maple syrup company that targets mainly middle and higher class customers around the Finger Lakes region in and New York City. Our company offers the best quality, pure, organic maple syrup that is made from Dutch trees, which are planted on our local farm in Elmira, NY. The maple syrup market is currently fluctuating due to the availability of other sweeteners and the sustainability of production along with the technological changes. However, with the different grades and quality of maple syrup the market has become very competitive. Ahorn, as an organic and the purest maple syrup, has a chance to succeed, especially when consumers tend to care about their health and the environment much more than they used to. This trend has created an industry, in which the demand for maple syrup is increasing but unfortunately the weather conditions and the long growth of maple trees go against the trend. Ahorn will therefore take an advantage of this large demand for maple syrup by positioning itself in the higher end of the market where many consumers look for healthy and environment friendly products. Ahorn Maple Syrup can be consumed by people of all ages because the majority of people enjoy having pancakes for breakfast with a great tasting maple syrup. Our product offers not only a great taste, but also great quality and is a 100% organic product. Our company’s largest competitions in the maple syrup market are Aunt Jemima, Mrs. Butterworth, Eggo and...

Words: 6339 - Pages: 26