MINDTREE: SALIL GODIKA
Applying minds!
At a time when all and sundry in the Indian
IT milieu are spending sleepless nights, having borne the brunt of the rupee appreciation, MindTree Consulting is busy painting the town red. – what with its net profits for FY08 Q2 increasing at a walloping 34% (Q-o-Q) to touch $6.7 million! Moreover, its favourable market image can also be substantiated by the fact that during the time of its IPO earlier this year, the investors offered more than $5 billion against the actual requisite of $50 million – some faith! But then, it’s all been a matter of toil and no magic, for today, its operations have globally & handsomely spread across different verticals. These are not ordinary strategies; these are the big 3F strategies, as Salil Godika of MindTree Consulting while talking to 4Ps-B&M said, “The 3 pillars of our strategies are: First, focus on superior execution around our core business. Second, focus on growth initiatives and third, focus on identifying future shifts & non-linear models.”
However, the company is not resting on its laurels and is very confident of achieving its hard-line revenue and profit targets of $180 million and $22.6 million respectively by the end of FY08. So what’s the secret broth that’ll help them run past the finishing line before the stopwatch stops? Elaborates Godika, “Over the years, we have built a very strong emotional infrastructure with MindTree minds and this is reflected in MindTree having one of the lowest attrition levels in the industry and many best places to work awards. This human capital values added to our strategies will see us through.” Well, all this is just a sneak peak into the company. One can be rest assured that many more successes, awards, achievements will bear fruit in this ‘tree’ which continues to nurture talent and surprise ‘minds’!
For Complete IIPM Article, Click on IIPM Article
Applying minds!
At a time when all and sundry in the Indian
IT milieu are spending sleepless nights, having borne the brunt of the rupee appreciation, MindTree Consulting is busy painting the town red. – what with its net profits for FY08 Q2 increasing at a walloping 34% (Q-o-Q) to touch $6.7 million! Moreover, its favourable market image can also be substantiated by the fact that during the time of its IPO earlier this year, the investors offered more than $5 billion against the actual requisite of $50 million – some faith! But then, it’s all been a matter of toil and no magic, for today, its operations have globally & handsomely spread across different verticals. These are not ordinary strategies; these are the big 3F strategies, as Salil Godika of MindTree Consulting while talking to 4Ps-B&M said, “The 3 pillars of our strategies are: First, focus on superior execution around our core business. Second, focus on growth initiatives and third, focus on identifying future shifts & non-linear models.”However, the company is not resting on its laurels and is very confident of achieving its hard-line revenue and profit targets of $180 million and $22.6 million respectively by the end of FY08. So what’s the secret broth that’ll help them run past the finishing line before the stopwatch stops? Elaborates Godika, “Over the years, we have built a very strong emotional infrastructure with MindTree minds and this is reflected in MindTree having one of the lowest attrition levels in the industry and many best places to work awards. This human capital values added to our strategies will see us through.” Well, all this is just a sneak peak into the company. One can be rest assured that many more successes, awards, achievements will bear fruit in this ‘tree’ which continues to nurture talent and surprise ‘minds’!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
