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What we can learn from Indian companies
Speech by the Chairman: Mr. Om Prakash Bhatt

                                                       •   Though SBI was the market
                                                           leader in the Indian banking
                                                           sector for years, 2006 it had
                                                           been facing tough competition
                                                           from private players due to a
                                                           new emphasis on customer
                                                           service and technological
                                                           innovations.

                                                       •   In order to gain
                                                           competitiveness the
                                                           Management introduced the
                                                           'Project Parivartan‘
                                                           (which means
                                                           transformation/change)

                      © Doujak Corporate Development
Speech by the Chairman: Mr. Om Prakash Bhatt

                                                       Project Parivartan aimed at
                                                       obtaining acceptance and
                                                       commitment of employees for the
                                                       change initiatives and explaining to
                                                       them why change was necessary.

                                                       The key challenges were:
                                                       • Alignment of the top
                                                          management: vision, common
                                                          goal
                                                       • How to energize 200 000
                                                          people?
                                                       • Definition of a granular action
                                                          plan


                      © Doujak Corporate Development
Speech by the Chairman: Mr. Om Prakash Bhatt

                                                       Key success points of the process:
                                                       • Successful turnaround based on
                                                          existing values by using the
                                                          pride of the employees about
                                                          what the bank was and what it
                                                          could be
                                                       • Demanding targets of market
                                                          share: the goal was not only to
                                                          decline but to gain market
                                                          share
                                                       • Acceptance of pain points
                                                       • Iterative process with transfer
                                                          of responsibility
                                                       • Linkage to Indian wisdom and
                                                          traditions

                      © Doujak Corporate Development
An amazing success story


                                                        •   Wherever you maybe staying in
                                                            Mumbai, in which ever place
                                                            you are having your work in the
                                                            16 million population city, you
                                                            never ever fail to receive home
                                                            food in time for lunch thanks to
                                                            the network of "dabawallas" -
                                                            tiffin-carriers.

                                                        •   The dabawallas have existed for
                                                            more then 100 years and are
                                                            recognized as the best case of
                                                            network management in the
                                                            world.


                       © Doujak Corporate Development
Speech by one of the owners of the dabawallas


                                                        •   High quality and
                                                            performance are optained by
                                                            illiteral employees (who are
                                                            all owners of the company)
                                                            without any technical
                                                            support.

                                                        •   The dabawallas are an
                                                            internationally recognized
                                                            example of Indian
                                                            perfection. They have been
                                                            taken as leading example by
                                                            many business gurus and
                                                            even Prince Charles came
                                                            along the way to Mumbai to
                                                            meet them.
                       © Doujak Corporate Development
Speech by one of the owners of the dabawallas


                                                        The result of their work
                                                        • 0% Pollution
                                                        • 0% Investment
                                                        • 0% Technology
                                                        • 0% Disputes
                                                        • 99,99% performance (six sigma)
                                                        • 100% Customer satisfaction




                       © Doujak Corporate Development
One of the leading IT companies in and out of India


                                                         •   Infosys Technologies Ltd.
                                                             (NASDAQ: INFY) was started in
                                                             1981 by seven people with
                                                             US$ 250. Today, we are a
                                                             global leader in the "next
                                                             generation" of IT and
                                                             consulting with revenues of
                                                             over US$ 4 billion.

                                                         •   They have been voted the
                                                             'Most Admired Indian
                                                             Company' in The Wall Street
                                                             Journal Asia 200 for 10 years
                                                             in a row since 2000.

                                                         •   This is their office campus
                        © Doujak Corporate Development
Building leadership pipeline by Girish Vaidya (Director –
 Infosys Leadership Institute)

                                                         •   Infosys was also one of the
                                                             sponsors of the GODS Summit
                                                             and host on one of the
                                                             conference days.

                                                         •   The director of the Infosys
                                                             Leadership Institute gave an
                                                             insight on how they build their
                                                             future leaders in development
                                                             programs focusing on:
                                                             Strategic, change, talent,
                                                             operational, relationship,
                                                             network, content, transition,
                                                             adversity and entrepreneurial
                                                             Leadership

                        © Doujak Corporate Development
Highlights from OD Summit 2009 India

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Highlights from OD Summit 2009 India

  • 1. What we can learn from Indian companies
  • 2. Speech by the Chairman: Mr. Om Prakash Bhatt • Though SBI was the market leader in the Indian banking sector for years, 2006 it had been facing tough competition from private players due to a new emphasis on customer service and technological innovations. • In order to gain competitiveness the Management introduced the 'Project Parivartan‘ (which means transformation/change) © Doujak Corporate Development
  • 3. Speech by the Chairman: Mr. Om Prakash Bhatt Project Parivartan aimed at obtaining acceptance and commitment of employees for the change initiatives and explaining to them why change was necessary. The key challenges were: • Alignment of the top management: vision, common goal • How to energize 200 000 people? • Definition of a granular action plan © Doujak Corporate Development
  • 4. Speech by the Chairman: Mr. Om Prakash Bhatt Key success points of the process: • Successful turnaround based on existing values by using the pride of the employees about what the bank was and what it could be • Demanding targets of market share: the goal was not only to decline but to gain market share • Acceptance of pain points • Iterative process with transfer of responsibility • Linkage to Indian wisdom and traditions © Doujak Corporate Development
  • 5. An amazing success story • Wherever you maybe staying in Mumbai, in which ever place you are having your work in the 16 million population city, you never ever fail to receive home food in time for lunch thanks to the network of "dabawallas" - tiffin-carriers. • The dabawallas have existed for more then 100 years and are recognized as the best case of network management in the world. © Doujak Corporate Development
  • 6. Speech by one of the owners of the dabawallas • High quality and performance are optained by illiteral employees (who are all owners of the company) without any technical support. • The dabawallas are an internationally recognized example of Indian perfection. They have been taken as leading example by many business gurus and even Prince Charles came along the way to Mumbai to meet them. © Doujak Corporate Development
  • 7. Speech by one of the owners of the dabawallas The result of their work • 0% Pollution • 0% Investment • 0% Technology • 0% Disputes • 99,99% performance (six sigma) • 100% Customer satisfaction © Doujak Corporate Development
  • 8. One of the leading IT companies in and out of India • Infosys Technologies Ltd. (NASDAQ: INFY) was started in 1981 by seven people with US$ 250. Today, we are a global leader in the "next generation" of IT and consulting with revenues of over US$ 4 billion. • They have been voted the 'Most Admired Indian Company' in The Wall Street Journal Asia 200 for 10 years in a row since 2000. • This is their office campus © Doujak Corporate Development
  • 9. Building leadership pipeline by Girish Vaidya (Director – Infosys Leadership Institute) • Infosys was also one of the sponsors of the GODS Summit and host on one of the conference days. • The director of the Infosys Leadership Institute gave an insight on how they build their future leaders in development programs focusing on: Strategic, change, talent, operational, relationship, network, content, transition, adversity and entrepreneurial Leadership © Doujak Corporate Development