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MANAGING QUICK GROWTH
OF IT CONSULTING COMPANY
IS LIKE SAILING
KIOF 2018
In company management since it’s inception
 2002 – 2014 as a COO
 2014 – present time as a CEO
Active member of EBA IT Committee
 Head of the Working Group under the Cabinet of
Ministers of Ukraine aimed at Ukrainian IT education
development
Finding motivation in different sports
activities:
 Squash – competition
 Running – tactic thinking
 Sailing – strategy thinking
VALERY KRASOVSKY
Co-Founder & CEO at Sigma Software
OUR HISTORY
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
TOP 100 World’s
Best Outsourcing
Companies
Launched Sigma
Software
University
First CSR report
issued
2002 2017
6 employees
Joining Sigma Group
ISO 9001:2000 Certified
Odesa office opening
60 employees
GAMP Compliance
Confirmation
Cooperation with
AstraZeneca
Incit cooperation
started
350 empolyees
Company 10th
anniversary
Start of
cooperation
with Vidible
Collaboration with
SAS,
New offices in Kiev and
Lviv
New Office in San Jose
Going Global and
rebranding to
New offices in
Stockholm,
Seattle, San
Francisco
R&D center
launched
First commercial
VR project
Getting Status of Microsoft Gold
Certified Partner
Long-term cooperation with
Volvo started
Formpipe
cooperation
started
Fortum
cooperation
started
Office
opening in
New York
2018
850+ employees
Among top-5 Best
employees (DOU)
The company`s DNA:
 The involvement of everyone
creates a team;
 The basis of unity is the pursuit of a
common goal;
 Our task is the perfection of
products and services;
 Our tool is high tech;
 Our result is the future of our
clients, our team, and our country.
COMPANY`S MISSION IN 2002: To become a leading
Ukrainian provider of IT
consulting services all
over the world
ORGCHARTFORSCALING
PMs
Delivery Director
DMs
SPMs
PMs
Level I
Level II
Level III
Level IV
Quality CIO Sales
PR HR
CEO
CFO COO
CEO
CFO COO
COMMUNICATING THROUGH A NUMBER OF LEVELS IS LIKE PLAYING CHINESE WHISPER
Swedish perspective
 Joint decisions
 Entrepreneurship
 Flat org structure
Challenges
 It’s my territory
 Competition
SIGMA
IT CONSULTING
1000
employees
DANIR AB
3600
EMPLOYEES IN
13 COUNTRIES
SIGMA
SOFTWARE
850
employees
SIGMA
CIVIL
120
employees
SIGMA
INDUSTRY
650
employees
SIGMA
CONNECTIVITY
300
employees
SIGMA
TECHNOLOGY
700
employees
SIZE GROW, CHALLENGES STAY
 Project Management basics
 Testing in a business oriented way
 Design & usability (matter of taste)
 Requirements and scope management
 Project is managed in a good way? Customer is happy!
 RUP, Waterfall, Agile? No matter what
 Good relations with Customer
 Propose solutions, always understand
what is going on (even 2 a.m. in the night)
 Simplification
$15M
$30M
EASE OF DOING IT
BUSINESS
 Aol: from $ 200 B to $ 2 M
 Nokia: Symbian
 People training
 Cash position
 Legal aspects
 Diversification
 Foresee market
CSR
 Around $500k USD of
investments into education
 Support of young generation
 Government work / education
 Ideas from the consulting
business – building ecosystem
Call for a captain? Do it!
Nice looking knot? Reliable!
Captain is fully responsible no matter what!
Team work and support
Following the rules
SECRET SAUCE OF BEING SUCCESSFUL
‘Mandatory condition to start the business –
wish to fire 100% of the personnel.’
Vladimir Tarasov
‘Are you lazy or stupid?’
Jeff Bezos
‘Roadmap and action plan - always.
Immediate action.’
Vice Prime Minister of Ukraine
‘Everything is CEO’s
fault.’
Ben Horowitz
‘Choose the right people, motivate them to
do the job, all the rest is administration.’
‘Executives
are always better from
inside the organization
and not hired.’
Jack Ma
Software developer
Managing Director of US operations
Intern Delivery Director
Business development manager
Managing Director of Swedish operations
Office Manager Program Manager
Executive assistant Head of PR
SUCCESS STORIES
CHALLENGES
Micro management? Nano management!
 Delegate and help
 Right questions in right places
 Reasonable people
 Simplify
Tuning the business like managing sail
• Utilization, administrative costs
WHO IS WHO: KNOWING YOUR TEAM
NICE MANAGEMENT GAMES
 Treat people differently
 Train effective communication
 Get down through one-two levels
 Run contest for best idea to avoid
middle management blocking them
$65+ M$50 M$4.4 B
TEAM
2 FTE20 FTE42 FTE59 FTE74 FTE
2010
2012
2014
2015
2016
2017
ONE SMALL PROJECT STORY
$4.48 B
THANK YOU!

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Valery Krasovsky “Managing quick growth of IT consulting business is like sailing.”

  • 1. MANAGING QUICK GROWTH OF IT CONSULTING COMPANY IS LIKE SAILING KIOF 2018
  • 2. In company management since it’s inception  2002 – 2014 as a COO  2014 – present time as a CEO Active member of EBA IT Committee  Head of the Working Group under the Cabinet of Ministers of Ukraine aimed at Ukrainian IT education development Finding motivation in different sports activities:  Squash – competition  Running – tactic thinking  Sailing – strategy thinking VALERY KRASOVSKY Co-Founder & CEO at Sigma Software
  • 3. OUR HISTORY 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 TOP 100 World’s Best Outsourcing Companies Launched Sigma Software University First CSR report issued 2002 2017 6 employees Joining Sigma Group ISO 9001:2000 Certified Odesa office opening 60 employees GAMP Compliance Confirmation Cooperation with AstraZeneca Incit cooperation started 350 empolyees Company 10th anniversary Start of cooperation with Vidible Collaboration with SAS, New offices in Kiev and Lviv New Office in San Jose Going Global and rebranding to New offices in Stockholm, Seattle, San Francisco R&D center launched First commercial VR project Getting Status of Microsoft Gold Certified Partner Long-term cooperation with Volvo started Formpipe cooperation started Fortum cooperation started Office opening in New York 2018 850+ employees Among top-5 Best employees (DOU)
  • 4. The company`s DNA:  The involvement of everyone creates a team;  The basis of unity is the pursuit of a common goal;  Our task is the perfection of products and services;  Our tool is high tech;  Our result is the future of our clients, our team, and our country. COMPANY`S MISSION IN 2002: To become a leading Ukrainian provider of IT consulting services all over the world
  • 5. ORGCHARTFORSCALING PMs Delivery Director DMs SPMs PMs Level I Level II Level III Level IV Quality CIO Sales PR HR CEO CFO COO CEO CFO COO
  • 6. COMMUNICATING THROUGH A NUMBER OF LEVELS IS LIKE PLAYING CHINESE WHISPER
  • 7. Swedish perspective  Joint decisions  Entrepreneurship  Flat org structure Challenges  It’s my territory  Competition SIGMA IT CONSULTING 1000 employees DANIR AB 3600 EMPLOYEES IN 13 COUNTRIES SIGMA SOFTWARE 850 employees SIGMA CIVIL 120 employees SIGMA INDUSTRY 650 employees SIGMA CONNECTIVITY 300 employees SIGMA TECHNOLOGY 700 employees
  • 8. SIZE GROW, CHALLENGES STAY  Project Management basics  Testing in a business oriented way  Design & usability (matter of taste)  Requirements and scope management  Project is managed in a good way? Customer is happy!  RUP, Waterfall, Agile? No matter what  Good relations with Customer  Propose solutions, always understand what is going on (even 2 a.m. in the night)  Simplification $15M $30M
  • 9. EASE OF DOING IT BUSINESS  Aol: from $ 200 B to $ 2 M  Nokia: Symbian  People training  Cash position  Legal aspects  Diversification  Foresee market
  • 10. CSR  Around $500k USD of investments into education  Support of young generation  Government work / education  Ideas from the consulting business – building ecosystem
  • 11. Call for a captain? Do it! Nice looking knot? Reliable! Captain is fully responsible no matter what! Team work and support Following the rules
  • 12. SECRET SAUCE OF BEING SUCCESSFUL ‘Mandatory condition to start the business – wish to fire 100% of the personnel.’ Vladimir Tarasov ‘Are you lazy or stupid?’ Jeff Bezos ‘Roadmap and action plan - always. Immediate action.’ Vice Prime Minister of Ukraine ‘Everything is CEO’s fault.’ Ben Horowitz ‘Choose the right people, motivate them to do the job, all the rest is administration.’
  • 13. ‘Executives are always better from inside the organization and not hired.’ Jack Ma
  • 14. Software developer Managing Director of US operations Intern Delivery Director Business development manager Managing Director of Swedish operations Office Manager Program Manager Executive assistant Head of PR SUCCESS STORIES
  • 15. CHALLENGES Micro management? Nano management!  Delegate and help  Right questions in right places  Reasonable people  Simplify Tuning the business like managing sail • Utilization, administrative costs
  • 16. WHO IS WHO: KNOWING YOUR TEAM NICE MANAGEMENT GAMES  Treat people differently  Train effective communication  Get down through one-two levels  Run contest for best idea to avoid middle management blocking them
  • 17. $65+ M$50 M$4.4 B TEAM 2 FTE20 FTE42 FTE59 FTE74 FTE 2010 2012 2014 2015 2016 2017 ONE SMALL PROJECT STORY $4.48 B
  • 18.