Reading Ramalinga Raju’s Mind

Actually I am trying to think like Ramalinga Raju or to say I am thinking like a Big Man J. I have never met Ramalinga Raju but will definitely like to meet him once. Till then I can only guess what his thoughts were but I can say with conviction that his intention was not wrong. Hold on…hold on please before you start throwing things at me like @#$%.....&*^%. I am only saying that his intention was not wrong as A BUSINESS MAN. He just wanted to earn more money quickly. Now am I correct???
Raju’s thoughts…”What am I earning from this big company named Satyam? After so many years of hard work and with my caliber I have created a valuable company like Satyam but my earnings value is so low. In a way I am earning for these shareholders who have invested only once and are repeatedly taking higher returns. Therefore instead of giving Satyam’s money to these guys why don’t I create another company, maybe in the real estate sector which gives much higher returns. I can retain a much higher share in this new company and it will also be good for the future of my two sons. If at all time comes to return the money to Satyam, either I can return from this new company which will give me higher returns or in worst case scenario I will merge this company with Satyam…”
This is where he did two things wrong. He forgot that Satyam was a listed company and the money thus earned is not entirely his. Secondly, he thought the money taken out of Satyam can be returned when required because of high returns in real estate sector.
What gave him in were his greed and equally importantly, The Recession. Had he limited his money siphoning from Satyam to a much smaller amount and had the recession not hit the real estate sector so badly, Ramalinga Raju could have still managed.
Irony is that the name Maytas with reverse spelling of Satyam actually reversed social fame of the name Ramalinga Raju.

Infosys: Zero Tolerance??

To restart writing is great fun...Actually, a recent report published in The Times of India dated April 11, titled, Infosys Axes 2100 for "Poor Performance" did the trick of my comeback. In it, Mohandas Pai, the revered HR Head of Infosys has justified the sacking saying that it is due to under-performance and that the company has a policy of zero tolerance. Hahaha...I am laughing because promoters of Infosys have always projected themselves on high moral grounds. No, there is nothing wrong in their so-far projection. It has been their aspirational positioning. But...

To play with the careers of 2100 professionals? After such a public statement, would it not be difficult for these people to get a suitable alternative job? Mr Pai, first you sack such a large number of people and then justify your act by giving such a statement for these people...I thought you were one of the thought leaders of Indian IT Industry. At a time when Mr Narayan Murthy is positioned as The Chief Mentor of Infosys, you will definitely be viewed as The Chief (Tor)mentor by these 2100 people.

Talking of zero tolerance in the same report...lets consider the costing of these 2100 people...
2100 people with average salary @ Rs 240,000 per annum=Rs. 50,40,00,000 per annum.
Add to it the average cost of hiring and training these people. Then there is the cost of re-hiring as many people (...untill ofcourse Infosys decides this was a surplus number....:) Considering that all were permanent employees, as reported, such a huge amount is a waste.

Being the HR head of Infosys, Mr Pai, is this zero tolerance?