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Infosys to buy UK consultancy Axon

Thursday, August 28th, 2008

Infosys to buy UK consultancy Axon in £407m deal

The headline Infosys acquiring AxonGlobal came as a surprise to when I read the news on Timesonline. Indian companies are cash rich and they are taking over other companies in the world to improve the line of business and service offerings.

“Mr Gopalakrishnan of Infosys insisted that there was still strong demand for SAP systems, with Infosys registering a 62 per cent increase in orders in the past year. He added that the deal would allow Infosys to compete more effectively on the international stage with rivals such as Accenture, Oracle and Cap Gemini. Around half of Axon’s revenue comes from the United States. “Our rationale was that with this acquisition, our global reach, scale and our ability to participate in large transformational deals would be significantly enhanced,” he said. “

This is a good example of Porter’s Five Forces Model for assessing Assessing the Balance of Power in a Business Situation. Buying one of the competitors means “Eliminating a threat “. This will further the business objective in an intense competitive environment.

Infosys in India (images)

Source: Spinellis

Going back to origins of Axon Global:

Axon was set up by Mr Hunter in 1994 after he left his job with SAP to create a team of IT specialists. The company floated in 1999 and today generates more than £200 million a year from its base in Egham, Surrey. Its customer base includes Kraft Foods, BP and Microsoft, as well as public sector clients such as Transport for London and Wolverhampton City Council.

Now Mr. Hunter and his team will be richer by £ 407 million for the enterprising decision they took way back in 1994.

Every takeover brings about a cultural change in the acquired organisation. Scenario

Pre-acquisition:

Axon Global business is primarily SAP and the consultants (employees) would have enjoyed a growth in salaries with the growth in market.
Management takes decisions quickly since they are focussed in one line of business. Moreover the profitability were not much of concern since the projects were either less profitable or more profitable.

Post Acquisition

Infosys will be able to knock on the doors of their customers with Axon expertise on SAP solutions. This would generate more revenue overall
Infosys is a large organisation with many lines of business. So policy decision will be made taking into all the line of business into account.
The name Axon may disappear from the market place with SAP offerings will be one of the line of business.

I am not sure whether Axon employees will be benefited by the takeover since Infosys is quite conservative in salaries and but focusses more on benefits. Infosys has a socialist culture. So it would be interesting to watch how Infosys retains the Axon employees who were accustomed to get good salary rises every year.

Congratulation Mr. Hunter on the deal. You should have good holidays in Bahamas.

Regards,

Santosh Puthran

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Sustainable Development

Monday, August 25th, 2008

Sustainable development is a pattern of resource use that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but in the indefinite future. The term was used by the Brundtland Commission which coined what has become the most often-quoted definition of sustainable development as development that “meets the needs of the present without compromising the ability of future generations to meet their own needs.”

The field of sustainable development can be conceptually broken into three constituent parts:

environmental sustainability,
economic sustainability and
sociopolitical sustainability.

UK priorities

In terms of focusing our efforts, the UK has identified four priority areas for immediate action, shared across the UK, these are:

Source: http://www.sustainable-development.gov.uk/index.asp

Source: www.geographyalltheway.com

India’s Initiative at glance

The Centre is thinking of eco-friendly ways to deal with the power shortage situation. It has come up with a plan to develop 60 cities as “Solar Cities”. This will be achieved through energy-efficiency steps and power generation from renewable-energy installations.

The Indian National CDM Authority has accorded host country approval to 753 projects, facilitating investment of more than US$ 16 billion, in areas of energy efficiency, fuel switching, industrial processes, municipal solid waste and renewable energy and has the potential to generate 421 million CERs by 2012. India has registered the largest number of Clean Development Mechanism (CDM) projects in the world. The World Bank has said that the carbon trade market, which is set to grow from the present level of US$ 30 billion annually to US$ 100 billion, can prove to be another IT sector for India. CERs are set to rise by 75 per cent in 2008 and India accounts for 43 per cent of emission reductions. The carbon market size, which was US$ 62 billion in 2007, is likely to grow up to US$ 94–100 billion in 2008.

Green buildings are constructions in which resources like energy, water, and materials are used efficiently, through better design, construction, operation, maintenance, and removal of waste, reducing negative impacts on human health and the environment.

Green fuel or Biofuel can be broadly defined as solid, liquid, or gas fuel consisting of, or derived from biological material, mostly plants. It is now emerging as an eco-friendly option as compared to fossil fuels. India will replace 10 per cent of its transport fuels with biofuels like ethanol and jatropha in the next 10 years to cut carbon emissions.

Tata Motors and space agency ISRO are likely to launch the prototype of the world’s cleanest vehicle that will run on hydrogen and leave behind nothing more than a trail of water vapour, in 2008.
Bajaj Auto, Ashok Leyland, Tata Motors, Mahindra & Mahindra and Eicher Motors have come together to develop hydrogen-blended compressed natural gas (HCNG)-run vehicles.

Efforts for making farming more eco-friendly are on.

A team of biochemists at the Indian Institute of Science (IISc) in Bangalore, has discovered a new microorganism that can produce large quantities of a popular bio-insecticide to fight pests. The Kerala government will execute a broad organic vegetables farming programme targetted at making the State self-sufficient in vegetables production. The programme will be launched in 2008 and it envisages bringing in 5,000 hectares of land, extended over 1,000 villages, under vegetable cultivation.

CSR: From Awareness to Achievement

Over 80 per cent corporates in India are involved in corporate social responsibility, according to a detailed survey about CSR in India by Partners in Change, an agency set up by the NGO ActionAid. Out of the 536 companies surveyed, various categories of CSR undertaken included: health (66 per cent) followed by education (56 per cent), natural resource management 38 per cent, infrastructure development (per cent), community support (28 per cent), livelihood non-farm based development (20 per cent) and livelihood farm-based development (12 per cent).

Notable companies include Coca-Cola, Lenova, Cisco, ArcelorMittal, Intel and HCL.

Source: www.ibef.org

UK initiatives explains how you can as an individual make a difference to your community.

Whether you are a resident’s group, sports club, neighbourhood group, faith group or an other kind of community group, there are lots of practical actions you can take which will make a big difference locally, nationally and even globally. By working together it can be much easier and lots of fun too. Here are five ways any community group can make a big difference.

Reality Check: Did you contribute towards sustainable development to your neighbourhood or community ?

If yes, please share your experiences by commenting on this post.

Regards,

Santosh Puthran

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CMA 2.0 - Portal Launched

Tuesday, August 19th, 2008

I had been busy in the development of Portal http://cmaindia.informe.com which is dedicated to Management Accountants of India. In development of the portal, inputs have been provided by lot of members especially Deverajan, RV, Prabhakar, Ashutosh and Ramesh Joshi without which it would not have been a success.

The portal has general topic of discussion with members of public and dedicated area for Members of ICWAI. This platform gives an opportunity to every member to brand himself in the professional network. You will notice on every post the Educational Qualification, Website, IM details and when he/she become member of ICWAI. If a member does not have his own website, I have suggested, everyone to have their profile of linkedin. Linkedin on its own will open lot of opportunities by social networking.

Why Informe ?: The choice of portal is for the simple reason it supports Web 2.0 Technology

What is Web 2.0 ?

Tim O’Reilly contrast the topic on his blog on Web 1.0 with Web 2.0

Web 1.0 –> Web 2.0
DoubleClick –> Google AdSense
Ofoto –> Flickr
Akamai –> BitTorrent
mp3.com –> Napster
Britannica Online –> Wikipedia
personal websites –> blogging
evite –> upcoming.org and EVDB
domain name speculation –> search engine optimization
page views –> cost per click
screen scraping –> web services
publishing –> participation
content management systems –> wikis
directories (taxonomy) –> tagging (”folksonomy”)
stickiness –> syndication

Brand CMA 2.0:

The principle for today’s Management Accountant is the same and that is the foundation portal http://cmaindia.informe.com/. The content of the portal will be driven by the participation of the members . The reader of the portal will be benefited by the content and quality of discussion. However the real beneficiary would be the one who will be initiaties the discussion, persuasively discusses on topics and arrives at a solution.

Karma - in discussion board terminology. Other members will rate him/her and comment why they are rated him. This will encourage the contributor to think about how his actions will benefit the group as a whole.

I would invite you to join the CMA Portal by registering and participate in professional networking. Click on following link to Register. Please promote the portal in your professional network.

Regards,

Santosh Puthran

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CMA 2.0 Portal Launched

Tuesday, August 19th, 2008

I had been busy in the development of Portal http://cmaindia.informe.com which is dedicated to Management Accountants of India. In development of the portal, inputs have been provided by lot of members especially Deverajan, RV, Prabhakar, Ashutosh and Ramesh Joshi without which it would not have been a success.

The portal has general topic of discussion with members of public and dedicated area for Members of ICWAI. This platform gives an opportunity to every member to brand himself in the professional network. You will notice on every post the Educational Qualification, Website, IM details and when he/she become member of ICWAI. If a member does not have his own website, I have suggested, everyone to have their profile of linkedin. Linkedin on its own will open lot of opportunities by social networking.

Why Informe ?: The choice of portal is for the simple reason it supports Web 2.0 Technology

What is Web 2.0 ?

Tim O’Reilly contrast the topic on his blog on Web 1.0 with Web 2.0

Web 1.0 –> Web 2.0
DoubleClick –> Google AdSense
Ofoto –> Flickr
Akamai –> BitTorrent
mp3.com –> Napster
Britannica Online –> Wikipedia
personal websites –> blogging
evite –> upcoming.org and EVDB
domain name speculation –> search engine optimization
page views –> cost per click
screen scraping –> web services
publishing –> participation
content management systems –> wikis
directories (taxonomy) –> tagging (”folksonomy”)
stickiness –> syndication

Brand CMA 2.0:

The principle for today’s Management Accountant is the same and that is the foundation portal http://cmaindia.informe.com/. The content of the portal will be driven by the participation of the members . The reader of the portal will be benefited by the content and quality of discussion. However the real beneficiary would be the one who will be initiaties the discussion, persuasively discusses on topics and arrives at a solution.

Karma - in discussion board terminology. Other members will rate him/her and comment why they are rated him. This will encourage the contributor to think about how his actions will benefit the group as a whole.

I would invite you to join the CMA Portal by registering and participate in professional networking. Click on following link to Register. Please promote the portal in your professional network.

Regards,

Santosh Puthran

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Requirement Analysis - Humour

Monday, August 11th, 2008

This is a forward from the Internet. This is a management lesson, you may quote it in your presentations.

A new vacuum cleaner salesman knocked on the door on the first house of the street. A tall lady answered the door.

Before she could speak, the enthusiastic salesman barged into the living room and opened a big black plastic bag and poured all the cow droppings onto the carpet.

“Madam, if I could not clean this up with the use of this new powerful Vacuum cleaner, I will EAT all this dung!” exclaimed the eager salesman.

“Do you need chilly sauce or ketchup with that” asked the lady.

The bewildered salesman asked, “Why, madam?”

“There’s no electricity in the house…” said the lady

MORAL: Gather all requirements and resources before working on any project and committing to the client…!!!

Connect me on Social Networking Websites :-

Facebook - Stumbleupon - Digg - Twitter - Technorati - FriendFeed - Plurk

Regards,

Santosh Puthran

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Kick Start your career with Linkedin

Friday, August 8th, 2008

I read the article on the Computer Weekly “Execs use social networking to climb career ladder” by Rebacca Thompson.

A survey of 500 senior executives shows professional social networking sites are set to rival executive job boards as a way of finding new career opportunities.

Some 90% of respondents said they were registered on sites such as LinkedIn, compared with just 50% posting their CV on a job board.

This is quite true. You register your profile on linkedin and start networking with your colleagues. You make yourself visible to your network. Similarly you will instantly know about any change in the profile of your network.

Linkedin competes with Ryze, XING, Plaxo, Yahoo! Kickstart and, the social networking site Facebook, among others. However, LinkedIn is centred on helping its users to capitalise on their business contacts, and features searching capabilities that allow users to find jobs, contacts and answers to business queries.

I am fan of the job site monster since the quality of jobs as well as head-hunters are quite good. If you are looking for jobs outside your company then it would be a good idea to login to monster every day. You will notice head-hunters calling you up.

The other tip to move internally in your organisation is to check out resignations in your company. Just give a call to the line manager of the person who has resigned and ask him/her whether that role is available. The line manager will be pleased to take action quickly, if you are right person for the job.

So networking internally or externally helps.

Connect me on Social Networking websites :-

Facebook - Stumbleupon - Digg - Twitter - Technorati - FriendFeed - Plurk

Regards,

Santosh Puthran

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How to identify Blind Spot in your career

Sunday, August 3rd, 2008

According to Oxford Dictionary

Blind Spot is : 1. The point of entry of the optic nerve on the retina, insensitive to light. 2 an area where a person’s view is obstructed.

I was reading an article on Road Safety - “Always Check your Blind Spot” on Ministry of Transport of Ontario Website and wondered whether we can apply the same principles to our career.

Principle 1: When driving, keep your eyes constantly moving, scanning the road ahead and to the side. Check your mirrors every five seconds or so. When using mirrors there is an area on each side of your vehicle where you cannot see. You may not see people or vehicles when they are in these spots.

You are doing the right things every day. You reach your workplace on time, work with your co-workers to get the things done and get good appraisals every year. You review the last year to plan for the new year and make improvements for the future. One day you get the news that one of your friends who was with you in your university days has got a promotion, then you start to wonder whether you are making the right moves in your career ?

You question

Are you moving in the right direction?
Did you check the blind spots which could have accelerated your career growth ?!!

Principle 2: Make sure you see other drivers and they can see you by doing the following:

You should know what you are doing and make sure others know that you are contributing to the growth of the company you are working for.

Principle 3: -> keep a clear view when driving. Do not put anything in your windows that will block your view.

Plan your career and outline the objectives you want to achieve in the next three years. Would you like to grow in your career vertically or get new industry experience ? Or are you looking for cross-functional experience or get better financially ? A clear view of your future will enable you to decide the next course of action.

Principle 4: -> the windows should not be coated with any material that keeps you from seeing out in any direction. Neither should the windshield or front door windows be coated to keep someone from seeing inside the vehicle.

Maintain a positive attitude and be proactive in your approach. Volunteer for activities even if it is a community activity in your organization. This approach is infectious. You will easily be recognized in a crowd and be perceived as an all rounder for a job. You will attract the right people who will help you propel your career.

Principle 5: -> check and adjust your mirrors and find your blind spots. Check your blind spots by turning your head to look over your shoulder before changing lanes, passing, turning or before opening your door when parked next to traffic.

You should always

seek opportunities to fine tune your oral, written and analytical skills
look at the senior people in your organization, how do they address complex issues? Learn from them.
develop inter-personal skills
be curious about technology that is relevant to your work
be professionally up-to-date

The above attributes will make you a sort-after commodity in the career market place, both internally in your organization and externally in the job market.

Principle 6: -> when making a lane change, check your mirrors for a space in traffic where you can enter safely. Check your blind spot by looking over your shoulder in the direction of the lane change. Signal when you want to move left or right. Check again to make sure the way is clear and steer gradually into the new lane, maintaining the same speed or gently increase it.

You should check the skills required for the job role that you are aspiring for in the next level. You should have demonstrated these skills in the day to day work and made a contribution to your organization. Every year you should get a feedback from your co-workers and manager to assess yourself. If you are dealing with customers, then a feedback from them would be vital since it would be impartial. Positive feedback will help steer you to the next level.

As you are moving up in your career, you have to be a mentor and provide a clear direction to people who work with you.

Promotion is not about pulling you up the ladder but pushing you up. It is all about people recognizing for what you are doing and what you truly deserve.

Regards,

Santosh Puthran

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