Monthly Archives: April 2004
Capgemini research uncovers fundamental changes in consulting market
Capgemini has just released key findings from a research project aimed at identifying the fundamental changes taking place in the global consulting market. The survey (‘The Voice of the Customer’) sheds light on two critical issues:
i. areas where clients perceive consulting firms need to change and adapt
ii. types of assignments for which clients are likely to hire consultants in today’s market
Read more here:
New Blogroll Additions
For the Indian readers of my Blog and the ones interested in IT I highly recommend Prof. Sadagopan and Rajesh Jain’s Blogs. Have added them to my Blogroll list on the left hand bar.
Infosys sets up consulting subsidiary in the US
While the rest of the consulting industry is busy setting up offshore centres in India, Indian IT services firm Infosys has taken the reverse direction and is taking the battle straight into the US by setting up its fully owned consulting subsidiary called Infosys Consulting
Read more about the news here
But if I’m not mistaken Infosys already had a consulting business unit in the US which contributed a miniscule part of their revenue. But this venture shows that they are trying to take this to an entirely different level of scale and profile.
In the meantime they also announced the fact that they have become a $1 billion in revenue player, the second after TCS in India.
Martin Bower’s memo on behaviors he wanted to be admired in McKinsey
This was written a long time ago says Fast Company Blog, and is listed in Bower’s new biography by Elizabeth Haas Edersheim a former McKinsey partner:
“I want the newcomers to know what kind of behavior we admire, and what kind of behavior we deplore:
1. First, we admire people who work hard. We dislike passengers who don’t pull their weight in the boat.
2. We admire people with first-class brains, because you cannot run a great (organization) without brainy people.
3. We admire people who avoid politics–office politics, I mean.
4. We despise toadies who suck up to their bosses; they are generally the same people who bully their subordinates.
5. We admire the great professionals, the craftsmen who do their jobs with superlative excellence. We notice that these people always respect the professional expertise of their colleagues in other departments.
6. We admire people who hire subordinates who are good enough to succeed them. We pity people who are so insecure that they feel compelled to hire inferior specimens as their subordinates.
7. We admire people who build up and develop their subordinates, because this is the only way we can promote from within the ranks. We detest having to go outside to fill important jobs, and I look forward to the day when that will never be necessary.
8. We admire people who practice delegation. The more you delegate, the more responsibility will be loaded upon you.
9. We admire kindly people with gentle manners who treat other people as human beings–particularly the people who sell things to us. We abhor quarrelsome people. We abhor people who wage paper warfare. We abhor buck passers and people who don’t tell the truth.
10. We admire well-organized people who keep their offices ship-shape, and deliver their work on time.
11. We admire people who are good citizens in their communities–people who work for their local hospitals, their church, the PTA, the Community Chest, and so on. In this connection, I am proud of the example set by some of my colleagues during the year.”
Seth Godin warns: The portal wars are going to get ugly
In his Blog (which I regularly frequent, and suggest you do too) Seth Godin talks about his experience about Yahoo’s (of all people!) PayDirect service that tries to get him to surrender his data
Read more here, you have been warned ….