Submitted By: Yeshwin Nandan, Deep Samantha, Sushma N Introduction & History
Narayana Murthy along with 5 other IT
professionals started Infosys in the year1981 with a capital of US$250
Infosys is a global leader in consulting,
technology, outsourcing and next-generation services
It is the second largest Indian provider of IT
Services Global Presence India Canada Switzerland USA Netherlands China Germany Belgium UAE UK France Italy Japan Sweden Australia Netherlands Belgium France Introduction & History From 1994 to 2004 the company experienced 10 years of unprecedented growth from $9.5 million to $1,063 million.
Based on its share price on NASDAQ (Infy),
Present Market Capital at US$10.9 billion as of March 31, 2004
Infosys and its subsidiaries have 25,634
employees as of 2004 Service Offerings Values - CLIFE Customer Delight: A commitment to surpassing our customers expectations Leadership by Example: A commitment to set standards in our business and transactions and be an exemplar for the industry and our own teams Integrity and Transparency: Commitment to be ethical, sincere and open in out dealings Fairness: Commitment to be objective and transaction oriented, thereby earning trust and respect Pursuit of Excellence: A commitment to strive relentlessly, to constantly improve our self, our teams, out services and out products so as to become the best Problems in Case of Infosys Value system:- For Infosys, business ethics and value system was a very important entity/Pillar Social Pressure :- This aspects challenged the ethical standards of Infosys Employee Motivation :- Compensation became a hot topic amongst Infosys employees. Organization Commitment:- Organizational commitment have directly related with job satisfaction which influence the competitive position and profitability of an organization Solution To sacrifice on ethics and values which make business to go for profits by blindfolding itself to the aspects of corruption, bribery, unethical behavior Benefits :-Quick profits and attract projects. Impact :- bad image on organization encouraging unethical solution and hence sustainability on the longer run wouldn’t be possible in other words there is no meaning in saying Infosys is value driven Solution place the values and ethics of the organization above the financial reaps, to ensure a good business model that is built to last by Formulating Anti Bribing Policy where Infosys must do all they can to ensure risks of bribery and corruption are kept to an absolute minimum Benefits :-Standing on their words which they were committed. Impact :- committed to values Solution Appraisal programme:- Employee performance which has fair and transparent reviews giving an outstanding employees/high performers a financial rewards and stock option and also improving current performance and grooming talent for the future Benefits :- Employees will be committed towards organization. Impact :- long-term survival. Thank You