NRN is the founder and he can well feel the pain of mismanagement of Infosys's values and ethos, as a father can his child's downfall of any sort. Everybody feels how difficult an entity to bring up to the level as Infosys. In any count it is the best way to cultivate the norms to playing level from the grass root to the top level, not only for the higher echelon.
The Board was reconstituted to include Rohan Murthy who was brought on sabbatical from his studies in States. Does this status indicate that NRN was NOT kept informed of the happenings of Infy Board? Rohan Murthy was inducted with a lot of fanfare initially, but his performance/existence in the Board was conspicuous by his silence. Apparently, the father figure not only brow beeted Sikka, but obviously ignored the darling son. In any case, what happened the the position of Rohan in the Board, his sabbatical, American citizenship on which the media is silent?
The Board was reconstituted to include Rohan Murthy who was brought on sabbatical from his studies in States. Does this status indicate that NRN was NOT kept informed of the happenings of Infy Board? Rohan Murthy was inducted with a lot of fanfare initially, but his performance/existence in the Board was conspicuous by his silence. Apparently, the father figure not only brow beeted Sikka, but obviously ignored the darling son. In any case, what happened the the position of Rohan in the Board, his sabbatical, American citizenship on which the media is silent?
Mr. NRN and co-founder board members are responsible for the downfall of Infosys. In the tenure of Sikka, infosys was running in profits. This is irony of Indian management. Since none of the co-founder couldn't become CEO, as Mr. Sikka non co-founder being CEO, this is exact the point, ego of board members including NRN got hurt and therefore this is was is infosys fiasco all about. Got save such egoistic top managements.
Re: Infosys board responsible for the mess
by Ashish Kulkani on Aug 21, 2017 05:08 PM
Mr. NRN and co-founder board members are responsible for the downfall of Infosys. In the tenure of Sikka, infosys was running in profits. This is irony of Indian management. Since none of the co-founder couldn't become CEO, as Mr. Sikka non co-founder being CEO, this is exact the point, ego of board members including NRN got hurt and therefore this is was is infosys fiasco all about. Got save such egoistic top managements.
Mr. NRN and co-founder board members are responsible for the downfall of Infosys. In the tenure of Sikka, infosys was running in profits. This is irony of Indian management. Since none of the co-founder couldn't become CEO, as Mr. Sikka non co-founder being CEO, this is exact the point, ego of board members including NRN got hurt and therefore this is was is infosys fiasco all about. Got save such egoistic top managements.
Not really a downfall for Infosys. But the way things are going, it is very loud and clear that corporate boards are not that professional as is being made up. It is very very merkin as we lift the veil. Board members as we have seen in Tata also, do not have their skin in the game and so take the institution for a ride as long as the investors are happy. The Infy instance has shown that Board even hides facts which are necessarily which are in the domain of public leave alone the investors interest. As it is a case of private sector , the Board has gone scot free otherwise in public sector this is nothing criminal breach of conduct.
Re: Infosys fiasco
by Ashish Kulkani on Aug 21, 2017 07:17 PM
Mr. NRN and co-founder board members are responsible for the downfall of Infosys. In the tenure of Sikka, infosys was running in profits. This is irony of Indian management. Since none of the co-founder couldn't become CEO, as Mr. Sikka non co-founder being CEO, this is exact the point, ego of board members including NRN got hurt and therefore this is was is infosys fiasco all about. Got save such egoistic top managements.
Mr Raghavan makes valid points regarding compensation etc. But we must also keep in mind that it was Murthy himself who selected Sikka as new CEO and praised him handsomely when he was inducted.
Re: Who selected SIkka ?
by Chaitanya on Aug 21, 2017 09:44 AM
Even if so, I don't think it justifies the actions and inactions of Sikka and the Board, in the context of the investor concerns raised.
Re: Re: Who selected SIkka ?
by Ashish Kulkani on Aug 21, 2017 12:34 PM
Mr. NRN and co-founder board members are responsible for the downfall of Infosys. In the tenure of Sikka, infosys was running in profits. This is irony of Indian management. Since none of the co-founder couldn't become CEO, as Mr. Sikka non co-founder being CEO, this is exact the point, ego of board members including NRN got hurt and therefore this is was is infosys fiasco all about. Got save such egoistic top managements.
Re: Re: Who selected SIkka ?
by chanakya maurya on Aug 21, 2017 12:43 PM
There can be an error judgement while selecting.
for example the then syndicate had selected Indira in the hope that she will do as directed by the syndicate that was subsequently kicked around by her.
Cyrus was installed with Ratan's full knowledge and consent. Yet, the former was kicked out most unceremoniously.
In HP the lady who steered HP exceptionally well as kicked out by the owners.
At Infosys Murthy may be just 3.5% but the founders together form a formidable forum of 13%, plus perhaps get supported by institutions to restructure the board to suit the founders and in the best interests of the shareholders.
Infosys is not just an IT corporate.
It is a citadel and monument of the values that Bharatvarsh so dearly cherishes.
Re: Re: Re: Who selected SIkka ?
by Ashish Kulkani on Aug 21, 2017 01:13 PM
How could this be considered as error judgement and over the cost of share holders and investors. This is pure board of directors (co-founders) grid towards the position and money. No one has raised concern when Mr. SD Shibulal former CEO for infosys, who is owning 700 apartments in USA, few more in Germany and India. There was no unrest within organisation. Because he was one of the co-founder From where did this Maya came from below link for your reference
