Success in my Habit

Friday, April 29, 2011

Infosys staff want founders to stay, want Nandan Nilekani back

A near majority, 50%, think that the company is losing ground to TCS , while 29% attribute poor performance to poor leadership.

Employees of Infosys, which is being criticised for giving CEO positions to founders rather than professionals, have voiced strong support for the practice, an exclusive opinion poll commissioned by ET has found.

The poll, conducted among 201 Infosys employees in Bangalore by market research firm AZ Research , has found that more than a simple majority of employees (61%) want founders to become CEOs and think that it is a perfect arrangement.

About 75% of those surveyed think that Nandan Nilekani, one of the founders and former CEO, who quit two years ago to join the government, should come back as the CEO. A big majority, (74%), feels that Narayana Murthy , the iconic chairman, who is set to step down from his executive role in August this year, should continue to play an active role and not retire from the company.

But the poll, which was conducted over Wednesday and Thursday, also found a strong level of concern over the company's financial performance and its ability to keep up with competition. A near majority, 50%, think that the company is losing ground to TCS. About 29% attribute the poor performance to poor leadership, while 43% blame lack of aggression.

Nearly four in ten employees admitted that Infosys lacked the imagination to fire up its numbers and that Infosys had lost some of its past glory under Kris Gopalakrishnan , the current CEO of Infosys who is widely believed to succeed as chairman or vice-chairman.

Support for Mohandas Pai , the former HR director, whose abrupt resignation earlier this month and caustic comments about founders rotating the CEO role among themselves triggered a controversy, is also quite high.

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