1) Infosys was founded in 1981 and became a publicly traded company in 1993. It has grown to employ over 100,000 employees across 20+ countries.
2) Infosys achieved success through its low-cost global delivery model, leveraging India's large talent pool of engineers. It focused on cost advantages while maintaining high standards for quality and customer satisfaction.
3) More recently, Infosys has expanded its services to include consulting, business process management, and other higher value services. It aims to continue diversifying its portfolio and addressing challenges like wage inflation through global hiring and development of its workforce.
9. AWARDS AND ACHIEVEMENTS Infosys moved up to No. 14 on FinTech 100. Infosys was awarded the ‘India’s best company to work for’ in 2009. Infosys entered the Balanced Scorecard Hall of Fame for Executing Strategy on the strength of its innovative strategy planning and execution capabilities. Infosys was honored with the Sharpening Brand and Competitive Differentiation Marketing Excellence Award from the Information Technology Services Marketing Association (ITSMA) A leader in SAP implementation services.
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12. The major objective of the company is to become India’s most respected company.
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15. Infosys has expanded in low cost service centers like China, Philippines etc.Revenue Segmentation 2009 Source: Infosys Annual Report 2009
17. Porters Five Forces Model Threat of Substitutes: Other offshore locations – Low Cost Locations like Eastern Europe, Philippines and China. Price quoted is the biggest Differentiator. Bargaining Power of Customers: Large Number of IT Companies vying for projects – High Competition Huge Decline in IT Expenditure Rivalry among Firms: Low Cost Commoditized offering High Industry growth Bargaining Power of Suppliers: Due to Slow Down, Job Cuts, layoff & bleak IT outlook Demand Supply is not favorable to employees Availability of vast pool of talent. Barriers to Entry: Low Capital Requirements Large value chain for small enterprises MNCs are ramping up capacity and employee strength
44. Competency BuildingInfosys has been CMM-Level 5 certified for its process capabilities. It has entered the Balanced Scorecard Hall of Fame for Executing Strategy for achieving breakthrough performance results using the Balanced Scorecard (BSC).
54. Little differentiation in low-end services of value chain; high differentiation in high end services in value chain like software products and package solutions.
77. VALUE BASED SELLING Creation of International Brand Equity: Listing at NASDAQ which: Provided increased comfort to the customers Helped attract prospective employees Diversifying and creating high quality branded services Developing domain specific knowledge Localizing Creation of PDC’s Developing new back-end centers at various cost effective locations
79. Future Strategies Contd.. Global sourcing strategy is aligned with business strategy Enhancing operational efficiency and delivering value added services Structuring processes and services into modules thus leading to enhanced flexibility and productivity Aggressive focus on ERP solutions like Oracle and SAP Expand into high end consulting
Seeking respect was behind the reason for founding Infosys. They realized that if they did the right thing, revenue and profit would automatically come.
Style:Chairman, N R Narayanmurthy. Leadership is based on high business vision and predominantly supportive styles. There is emphasis on developing leadership qualities among employees. For this purpose, it has established “Infosys Leadership Institute”. Top management emphasizes on open door policy, continuous sharing of information, takes inputs from employees in decision making, and builds personal rapport with employees. As we have seen over last few years, we have seen smooth transition from N R Narayanmurthy to NandanNilakeni and from NandanNilakeni to Kris Gopalkrishnan without any adverse effects on the company outlook and each one has proved to be an able leader taking company forward. Staff - Infosys is in knowledge-based industry, it focuses on the quality of the human resources. Out of total personnel, about 90 per cent are engineers. At the entry level, it emphasizes on selecting candidates who find the company‟s meritocratic culture satisfying, superior academic records, technical skills, and high level of learn ability. The company emphasizes on training and development of its employees on continuous basis and spends about 2.65 per cent of its revenues on up gradation of employees‟ skills, and around 50% as employee costs. In spite of thousands of people joining every month, Infosys has been able to maintain its training standard mostly due to its highly matured processes capabilities and investment in infrastructure.
Shared Values: Values are important part of Infosys‟s organizational culture. In fact its tagline depicts how much emphasis it lays on core values. The core values are: • Customer Delight: A commitment to surpassing customer expectations. • Leadership by Example: A commitment to set standards in business and transactions and be an exemplar for the industry and teams. • Integrity and Transparency: A commitment to be ethical, sincere and open in our dealings. • Fairness: A commitment to be objective and transaction-oriented, thereby earning trust and respect. • Pursuit of Excellence: A commitment to strive relentlessly, to constantly improve ourselves, our teams, our services and products so as to become the best.