Over the past few months, Satyam has Underperformed due to various issues, critical in nature...

IIPM BEST B-SCHOOL

Well, it was in April last year that Satyam joined the billion-dollar club with other IT giants and also declared that it would become a $2 billion player very soon. Leave that aside, even its nearest competitor from the IT list, Wipro, has recorded net profits more than double in magnitude than that achieved by Satyam. And as though unaware of Satyam’s below-par annual performance, B. Ramalinga Raju, Founder & Chairman, Satyam exclaimed, “The strong performance in FY 07 is a culmination of strategic initiatives taken by the company on several fronts notably in the areas of relationship management, deepening of competencies and associate delight. We continue to win the confidence of our prominent customers resulting in opportunities of significant size and criticality.” Whatever might be the claims made by Raju, the fact is that Satyam computers has not performed as per the expectations and needs to keep pace with the fast growing IT industry. “Over the past few months, Satyam has underperformed, due to various issues, critical in nature like wage pressures, high attrition and higher exposure to discretionary spending” explains an equity analyst from Motilal Oswal.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

For More IIPM Article, Visit Below....
http://jroller.com/page/info
http://jroller.com/page/SUCCESS
http://my.opera.com/sonu-a/
http://my.opera.com/sonu-b/
http://free-blog-site.com/iipm_publication
http://free-blog-site.com/iipm_2
http://www.seedwiki.com/wiki/iipm_publication/iipm_publication
http://www.seedwiki.com/wiki/iipm/
http://www.seedwiki.com/wiki/iipm_b-school