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What are the three things that get people excited about workplace? Respect for self, space to perform and an equal opportunity to grow, says Vineet Nayar, former CEO of HCL Tech.
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Professionals need to reinvest several times during a career and acquire 'meta skills' than just relying on their higher education degrees to stay relevant, he says
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"Public sector banks are systemically more accident-prone," Venkatesan said.
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Venkatesan became an Independent Director in 2011 and served briefly as co-chairman
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"It is most unfair for people to demand his resignation. He is indeed a very valuable board member as chairman Nandan Nilekani has rightly said. It's sad that people comment so loosely without any credible facts," she told PTI over phone.
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"There is a huge opportunity to use advances in digital and machine learning - and all these areas. Infosys should be ten times as large as we are if only we can execute well," he said.
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Venkatesan stated this when asked if he sees Sikka turning things around for Infosys or turning his back on the company for failing to retain high-profile executives.
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Venkatesan was responding to a query whether the company would prefer to see Murthy, who has been flagging falling corporate governance standards, as shareholder activist or a well-wisher.
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Old promoters of the company are at loggerheads with the management on the issue of compensation, among other things. Though the attrition in the lower and middle level software engineers has, to a large extent, been managed, senior management continues to leave the company.
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While promoters of Infosys, most notably Narayana Murthy, have voiced concerns over the above-normal payout given to its top executives, Infosys’ performance in Q4 of last fiscal year was uninspiring.
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The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
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"These plans are intended to create a more agile and capable organisation with better controls and compliance," Ravi Venkatesan told PTI on the sidelines of its annual general meeting here over the weekend.
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The stress in corporate system will disappear as the economy picks up, says Ravi Venkatesan, Chairman, Bank of Baroda.
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Bank of Baroda officers are facing probe by Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) in the Rs 6,000 crore illegal remittances case.
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According to Morgan Stanley, newly appointed CEO PS Jayakumar and non-executive Chairman Ravi Venkatesan may help BoB clean the balance sheet aggressively, raise capital and position the bank for growth.
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Speaking of Nadella's appointment Bill Gates said: "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella."
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Over the last few years there has been a growing discontent on doing business in the world's largest democracy. MNCs acknowledge it is not easy being here but neither is staying away. So what do multi-national corporations need to do to succeed in India?
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Any company looking to expand into India needs a "Clive figure", Ravi Venkatesan recently said. It was a contentious reference to Robert Clive, the British army officer who led the East India Company to assume power in India.
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Infosys, which has fallen short of expectations with its fourth quarter numbers, is not taking this lying down. It has chalked out a major restructuring plan that it says will help accelerate growth, report CNBC-TV18's Sunanda Jayaseelan and Vineetha Athrey.
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Ravi Venkatesan, outgoing chairman of Microsoft India, tells Forbes India that his biggest regret is that he will not be a part of the big wave that will hit India in the next 18 months.
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In an interview with CNBC-TV18, Venkatesan says, Microsoft is expected to announce my successor very shortly. It’s likely to be from outside Microsoft, somebody probably with a lot of experience and deep understanding and insights about India and the Indian market, he adds.
