The business world is being disrupted by the combined effects of growing emerging economies, shifts in global demographics, ubiquity of technology and accountability regulation. Infosys believes that to compete in the flat world, businesses must shift their operational priorities.
March 24, 2011
January 31, 2011
Embrace inclusivity for sustainable growth
Guest Post by
Chandra Shekar Kakal, Member of Executive Council, SVP & Global Head - Enterprise Solutions Group, Infosys Technologies Limited
What struck me from the deliberations at Davos is that sustainable growth is impossible without inclusivity. If we must create a better tomorrow, we need to include people with diverse genders, origins, financial backgrounds, colors, and abilities in the partner ecosystem. Without inclusivity, sustainable development will remain a dream and a topic of debate.
Continue reading "Embrace inclusivity for sustainable growth" »
The New Possibility, the New Truth
Guest Post by
S. D. Shibulal, Chief Operating Officer and Member of the Board, Infosys Technologies Limited
Social Contracts for the New World Order
Subhash Dhar, Executive Council Member, Senior Vice President and Head, Global Sales,Alliances and Marketing Head, Communications, Media and Entertainment, Infosys Technologies Limited
Financial and social issues dominated yesterday's discussions. Between executive meetings, I participated in two very interesting debates.
The first one was on currency wars and devaluation of currency as a strategy to stimulate the economy. The panel comprised two finance ministers, two central bankers, the head of a leading bank, and an eminent economist. In the light of $800 billion currency printed by USA, the panel noted that while a healthy U.S. economy is in everyone's interest, we are left wondering if the United States is trying to stabilize the global economy or stimulate its own at the risk of others.
The other discussion I heard was on the need for a new social contract between governments, businesses and civil societies. Developed countries argued that their social contracts need to be re-looked as they face new economic, demographic and global realities. Emerging economies, on the other hand, submitted that social contracts being drafted by them could benefit from lessons learnt by developed countries.
The Infosys Friday evening reception is among the most popular networking events at Davos. Ten minutes into it, and we had no space to move around. The Indian fusion finger food prepared by Michelin-starred chef Sriram has many fans among WEF regulars.
New realities of the financial system need a holistic approach
Subhash Dhar, Executive Council Member, Senior Vice President and Head, Global Sales,Alliances and Marketing Head, Communications, Media and Entertainment, Infosys Technologies Limited
After a snow-free day zero, the typical Davos weather is back. The overnight snow has brought back the Davos spirit in me. The theme of this annual meeting is 'the new realities'. And keeping with it, noted economist Nouriel Roubini has called the world economy a half-full and half-empty glass.
In his opening keynote address, the Russian President made a touching reference to the tragedy at Moscow. Global leaders who appealed for social causes in their address included Bill Clinton for the ongoing reconstruction of Haiti.
As the meetings of the day unfolded, it was clear that the new financial regulations were driving the most heated debates. Participants included bankers, non banking financial service providers, economists, and regulators. The popular opinion is that a holistic approach to reform the financial system is more important than regulating banks.
Meanwhile, the Indian story continues to march forward with the Indian lounge adda becoming a big draw for Indian and non-Indian delegates. A. R. Rehman was honored with the prestigious WEF Crystal Award for his distinguished contribution in field of art. The Bajaj nightcap is always well attended and this year was no exception.
Most of the attendees arrived today. By late afternoon, this small town turned into a large convention center. The WEF Summit has taken off in full swing. I look forward to the French President's address tomorrow.
January 28, 2011
Games-based learning for young business leaders
Subhash Dhar, Executive Council Member, Senior Vice President and Head, Global Sales,Alliances and Marketing Head, Communications, Media and Entertainment, Infosys Technologies Limited
Day zero of the 41st World Economic Forum Summit started with some good news for Infosys. The Padma Bhushan award conferred on Kris is indeed a great way to kick off the leadership event. However, we have much to prepare for four days of plenary sessions, panel discussions, executive one-on-ones, and media interviews; celebrations must wait.
Continue reading "Games-based learning for young business leaders" »
January 27, 2011
'Collaboration holds the key to growth'
B. G. Srinivas, Executive Council Member, Senior Vice President, Manufacturing; Product Engineering; Product Lifecycle and Engineering Solutions, Infosys Technologies Limited
Enterprise collaboration can address the imbalances in global business and ensure sustainable growth. B. G. Srinivas blogs on how the digital media has redefined globalization and why companies in the developed and emerging economies must collaborate.
- Build relationships to add value to consumers
- Collaboration is intrinsically related to our future
- Achieving Sustainability in a Competitive Green World
- Optimism for Balanced Trading Terms
Reproduced with permission of ComputerWeekly.com
Postcards from Davos 2011: A moment for reflection
Kris Gopalakrishnan, CEO and Managing Director, Infosys Technologies Ltd.
Got news of the Padma Bhushan award while driving in from Zurich. I am thankful to the Government of India for this recognition. I thank all Infoscions and the Infosys leadership team for their support, without which I would not have received the honor.
This year, India is present in a big way at Davos. We probably have the largest contingent of representatives. The Confederation of Indian Industry (CII) has scheduled an India Inclusive program. One of the themes is 'Inclusive Growth', and India's growth story is a good fit.
All of us have a packed agenda for the next four days - panel discussions, media interviews and networking meetings. Facilities at the event are good, making it easy to schedule and manage meetings. Davos Congress Center, the main venue, has been renovated and can easily accommodate a large gathering. I attended the welcome party and the mood of the participants is more positive than it was last year.
November 12, 2010
Roundtable: Business Meets Governance at G-20 - II
Kris Gopalakrishnan, CEO and Managing Director, Infosys Technologies Ltd.
- We had an active and fruitful working session with all the CEOs from the three working groups under the Corporate Social Responsibility theme. New ideas emerged including the role of social entrepreneurship in creating new jobs. Many in the room supported microfinance as a viable mode to address employment issues by creating small entrepreneurs. The need for creation of a "global resource center" or a "global clearing house" to act as a repository for best practices and pilots emerged through the discussions.
- The news that both France and Mexico plan to continue to host the G20 Business Summit has emerged-- what formats will be used are still unclear. The CEOs seemed to converge on the need for a process to continue this dialogue on an ongoing basis and did not want this to be seen as a one-off initiative. They also agreed on the need to define some process to review action arising from this session. A combined public-private taskforce may be a way to take this forward between G20 Summits. Many Heads of state participated in the G20 Business Summit at Seoul and gave their support to the processes defined here.
November 11, 2010
Roundtable: Business Meets Governance at G-20 - I
Kris Gopalakrishnan, CEO and Managing Director, Infosys Technologies Ltd.
The Korean government needs to be congratulated for organizing a business summit alongside the G-20 Summit. As our experience suggests, significant progress can be achieved if the business community works closely with the government to generate jobs and create wealth.
The participation at the Summit is global, with representatives from most continents. Expectedly, Asia has a large presence.
The consensus is that the Summit will strengthen economic recovery by sustaining the coordinated efforts in stimulating growth and creating jobs. The working groups have put together preliminary reports. After tomorrow's discussions, we will present the final recommendations to the G-20 Heads of State. We look forward to our recommendations being taken forward and supported by governments.
It is encouraging to know that business summits will be organized at the G-20 Summits in France and Mexico.
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