[AMG Power]

As expected the ex SAP cronies of Sikka have either left or are leaving or have been asked to leave.

https://www.google.co.in/amp/s/www.t...infosys-133224

[hserus]

Originally Posted by AMG Power

As expected the ex SAP cronies of Sikka have either left or are leaving or have been asked to leave.

https://www.google.co.in/amp/s/www.t...infosys-133224

Usual palace coup behavior. Hangers on of the old king leave and are replaced by hangers on of the new king.

If the leadership of the company lacks the professionalism to put personal loyalties and politics aside and focus on the company, god save it.

[AMG Power]

Originally Posted by hserus

.. god save it.

We wouldn't need to invoke the gods.

Nilekani is doing a good enough job bidding good riddance to the bad rubbish.

[V.Narayan]

Originally Posted by hserus

Usual palace coup behavior. Hangers on of the old king leave and are replaced by hangers on of the new king. If the leadership of the company lacks the professionalism to put personal loyalties and politics aside and focus on the company, god save it.

+1 to that

Originally Posted by AMG Power

As expected the ex SAP cronies of Sikka have either left or are leaving or have been asked to leave.

Originally Posted by AMG Power

Nilekani is doing a good enough job bidding good riddance to the bad rubbish.

I have the highest regard for Nilekani both professionally and personally and genuinely wish him all god luck and Godspeed. But to refer to professionals, who ever they may be, hired by the CEO of the company as thrash seems a tad out of place and reflects an attitude of cronyism in the other direction. The trashiness in my opinion was NRN throwing the toys out of the pram. There is nothing to celebrate here except that you could buy the shares in the market and make a neat profit selling them in the buyback.

PS: I do not work for this company or the IT industry.

[AMG Power]

Originally Posted by V.Narayan

.. thrash seems a tad out of place and reflects an attitude of cronyism in the other direction. The trashiness in my opinion was NRN throwing the toys out of the pram.

When it's obvious that certain folks would add no value to a company whatsoever, they are as good as trash would be to that company.

It's a matter of opinion and what is relevant is the opinion of the person in charge - Nilekani in this case - as he is the one who has to deliver to the shareholder, board and maybe, even media.

The rest of us would spend two minutes penning our opinion on how to manage a company - on an automotive forum - knowing very well that we aren't accountable to anyone who would read our words of wisdom - either for the end result or the lack of it.

[hserus]

At this stage both NRN and Nilekani are going to be disastrous to the company.

Sikka may not have been an ideal choice but it was high time the original promoters stepped away instead of treating it as their own private club to rotate chairmanships.

Originally Posted by AMG Power

When it's obvious that certain folks would add no value to a company whatsoever, they are as good as trash would be to that company.

It's a matter of opinion and what is relevant is the opinion of the person in charge - Nilekani in this case - as he is the one who has to deliver to the shareholder, board and maybe, even media.

The rest of us would spend two minutes penning our opinion on how to manage a company - on an automotive forum - knowing very well that we aren't accountable to anyone who would read our words of wisdom - either for the end result or the lack of it.

[AMG Power]

Originally Posted by hserus

At this stage both NRN and Nilekani are going to be disastrous to the company.

Sikka may not have been an ideal choice but it was high time the original promoters stepped away instead of treating it as their own private club to rotate chairmanships.

That's an opinion which the shareholder majority fortunately don't agree with as evidenced by their support of the promoters.

None of them want to take a chance with a Sikka v2 which may even be several multiples of Sikka in terms of incompetency.

Gambling should be restricted to casinos.

[hserus]

Originally Posted by V.Narayan

nothing to celebrate here except that you could buy the shares in the market and make a neat profit selling them in the buyback.

PS: I do not work for this company or the IT industry.

Once a company starts indulging in buybacks to keep the EPS up / increasing, that’s the beginning of a slow and inevitable slide into mediocrity.

Look at IBM under the current and past two or three CEOs for an example of what an once great company has been reduced to (and see where people with two or more decades in the company and strings of patents up and left especially during the last few years).

[AMG Power]

Originally Posted by hserus

Once a company starts indulging in buybacks to keep the EPS up / increasing, that’s the beginning of a slow and inevitable slide into mediocrity.

True. Yet another blunder by Sikka, Cronies & Co.

[Chetan_Rao]

Reuters is now reporting Infosys have chosen Salil Parekh (ex-Capgemini) to be their next CEO.

[hserus]

Originally Posted by Chetan_Rao

Reuters is now reporting Infosys have chosen Salil Parekh (ex-Capgemini) to be their next CEO.

It might be an interesting idea to run a pool on when the promoters turf him, or hamstring him sufficiently that he quits on his own accord.

I give him a year or two.

[R2D2]

Originally Posted by hserus

I give him a year or two.

Me too. The cantankerous old man (we all know who) won't keep quiet for long before he starts his shouting and screaming from the sidelines and using the press as a lever to press home his attack.