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Tag Archives: Satyam

Organizational Image

11 Sunday Jan 2009

Posted by Prem Rao in Organisations, People

≈ 1 Comment

Tags

organizational image, Ramalinga Raju, Satyam

How the organizational image affects the careers and indeed lives of its employees is the topic of today’s post. Simply stated: If an organization’s image is high, the employees  benefit. If an organization’s image is in the dumps, the employees suffer. Period. Continue reading →

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Satyam Fiasco- Who’s Accountable?

09 Friday Jan 2009

Posted by Prem Rao in Organisations

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Tags

corporate governance, Ramalinga Raju, Satyam

When I wrote about Satyam stocks crashing, we didn’t quite know the extent of damage done to the company’s reputation. How soon things have changed. A few weeks back the typical Satyam employee proudly said he/she worked for India’s 4th largest software services company. It was a reputed name to work for and many had quit jobs in other companies to hitch their fortunes to the Satyam star. Today they are totally confused and don’t know what hit them. For some of them, in a short while their dream world has come crashing down.

Continue reading →

Satyam Stocks Crash

07 Wednesday Jan 2009

Posted by Prem Rao in Organisations

≈ 1 Comment

Tags

corporate governance, Satyam

A few days ago when I asked “Are We Seeing Satyam Slipping?” I myself never imagined what the company and its shareholders- if not the employees-were in for.  Today the stocks of Satyam have fallen by 62 % as of now with Chairman, Ramalinga Raju submitting his resignation while admitting to fraud.

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Are We Seeing Satyam Slipping?

31 Wednesday Dec 2008

Posted by Prem Rao in Organisations

≈ 4 Comments

Tags

corporate governance, independent directors, Satyam

One of India’s largest IT companies, the Hyderabad headquartered Satyam, described as a Global IT company has recently been in the news for the wrong reasons. Some days ago, there was a flap in corporate circles when it was announced that the Chairman, Ramalinga Raju wanted Satyam to invest $ 1.6 billion in two companies (Maytas) owned by his sons.

Continue reading →

Congratulations, Ed Cohen!

13 Saturday Oct 2007

Posted by Prem Rao in Organisations

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Tags

ASTD, Satyam

Congratulations to my friend, Ed Cohen and his team at Satyam!

They have won spot No.1 for the BEST Awards of the American Society for Training & Development for 2007.

Satyam is the first non-US organisation and the first in Asia to make it to the number one rank at ASTD BEST. Satyam led the league of 42 organisations from India, South Africa, and the United States to receive the BEST award this year.

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