The year gone by has been very challenging for companies where they had to deal with simultaneous changes in economic conditions, political conditions, technology innovations, regulatory as well as societal changes.
The very dynamic environment kept companies on their toes and companies had to adapt many times to changing conditions and demonstrate nimbleness in their management directions. Companies that adapted well to these changes have come out winners.
Companies that had a significant growth in the last year were among the leaders and trend setter in many areas. Infrastructure , Citizen services, Healthcare reforms, Smart grid, Hitech and Manufacturing etc opened new avenues for growth.
Significant expansion in new regions and geographic locations were leveraged.
Significant focus on product and service innovation.
Opportunities for mergers and acquisitions stayed guarded and a few exercised the opportunity.