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Global warning with a roar
It is the time when the East is rapidly overtaking the West in IT. IT in the
East is incomplete without the contribution of Indian software companies such
as Infosys, TCS and Wipro. Steve Hamm writes a compelling story about one of
the Indias technology giants, Wipro, Its remarkable leader Azim
Premji and the companys success formulae, in his first book Bangalore
Tiger, How Indian Tech Upstart Wipro Is Rewriting the Rules of Global Competition.
This is the story of Wipros transformation and its impact upon the technology
services industry and the rules of global competition. Its also about
the journey of Wipro from an Indian company with revenues of $500 million to
a global technology giant with revenues over $2.4 billion and market capitalisation
of $20 billion in a matter of five years.
He explains the success of Indians in the IT world and the reasons behind that.
India has over 800,000 engineers coding the software that keeps Wall Street,
Motor City and Hollywood running. Its a billion people with great
intellect. It will get bigger and bigger, and it will be a significant player
in the global economy. says Jack Welch, former chairman of General Electric
Company. According to his study, the major equation which plays a part in Indias
success is the combination of brains and the Internet along with the power of
low cost. This equation is creating opportunities transforming India into an
important player for the world economy.
Even though Wipro is ranked after TCS and Infosys, Hamm chose
it as the topic of discussion due to its broader array of services and its style
of doing business. The senior writer at Business Week, Steve Hamm reveals the
secrets of Wipro in a well documented and inspirational manner. Hamm starts
off with the chapter Taking on the West, by narrating that Wipro matters for
technology industry in the same way as Wal-Mart matters for retail. He explains
the art of global collaboration adopted by Wipro. Even though Wipros workforce
is scattered around the globe it works as a team and all employees are treated
like a vast pool of brainpower and expertise rather than just staff. One of
the key success formulae for them is their hunger for improvement and the intensity
with which they work. Success comes with the desire for it, which must be achieved
by taking one step at a time. At Wipro, from Premji down to the youngest paper
handler, everybody has their eye on the goal and means of achieving it.
| Title |
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Bangalore Tiger, How Indian Tech Upstart Wipro
Is Rewriting the Rules of Global Competition |
| Author |
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Steve Hamm |
| Publisher |
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Tata McGraw-Hill |
| Pages |
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329 |
| Price |
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Rs 299 |
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Hamm explains the transformation of Wipro starting from when
it was squeezing profits from peanuts in the form of oil business led by a 21
year old Stanford University student to working on bits and bytes and becoming
a powerhouse in global technology led by the same man. That 21 year old was
none other that Azim Premji who took the mantle at traditional oil making company
in 1966 upon his fathers death. Premji was one of the first business leaders
in India to decree that his company would not pay bribes. He believes in the
atmosphere of zero politics and honesty within the organisation, if an employee
is not honest he will be out of the company irrespective of his rank. Interestingly,
they have the Wipro spirit printed at the back of their business cards which
is a constant reminder for them. The companys values are intensity to
win, acting with sensitivity and unyielding integrity.
Wipro has various mechanisms to succeed which are being followed with the utmost
commitment. They believe in planning everything in advance for rapid growth
of the company with a minimum of three years of planning. Wipro puts its customers
in the drivers seat in the hunt for success. There should be a desire
to innovate every day to ensure better productivity. Wipro, by motivating its
employees, manages to expand rapidly without stumbling. Hamm provides a complete
insight into how to make your company as successful as Wipro by giving a few
success stories of Wipro and defining all the qualities or rules followed by
Wipro. |