Reflections on the year gone by

ReflectionsThe 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.

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23 Responses to Reflections on the year gone by

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  22. Yes, 2011 was the challenging year!! When I am going to compare it with past then I am finding that it was the most challenging year but it was the more mature, having medium pace and stable years than past.

    I have seeing dotcom bubble in 1995~2000 and I remembered that companies were seeing their stock prices shoot up if they simply added an “e-” prefix to their name and/or a “.com” to the end.

    Then I have seen economy downturn 2007~2010 and now seeing 2011 which is just passed. I am seeing that from “e-“prefix in 1995~2000 to “Value for Money” in 2007~2010& 2011.

    I am thinking what would be next growth prefix for 2012~15. It would be “Value for Money + CSR” or what?? We already did integrations and synchronization but still economy is in cold!!! So what would be next growth prefix???

    Definitely it will be in shape of product & service innovations. But I am not seeing a very clear shape of product & service innovations and still it is in cloudy shape.

    So, we have a great opportunity to give it a shape which can be a mix-up of “Collaborative engagement model”, or “Employees first” with an “integrated service delivery model” and with some of more ………………intentionally blank…………………………

    Let us lead the world by giving a new shape of Growth & Happiness!!!

  23. Sudhir Gupta says:

    I completly agree with your statement – “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”

    But where does one start in identifying the change elements is still many of us keep on pondering before a decision is taken. Sometimes risk weighs us down in even identifying these changes.

    As part of ETS-BITS team for the last One and a Half years, I feel that we are somewhat apprehensive in changing the systems and are not open to new ideas. Reaping benefits from existing Cash Cows – APO, Salesforce etc. is fine, but the prime question of What Next after these… not yet answered.

    It isn’t that there are dearth of ideas, but the commitment and assertiveness to implement some of these new ideas like, IPO (Infrastructure Portfolio Optimization) Advisory Services is currently not there. I may soud blunt in my observation, but leaving aside big business potential when the time is ripe is not a fruitful approah any day.

    There is big churn on the IT Infrastructrue side that is currently going on globally at all of the clients. We should be asking this questions to us — Are we part of this Churn from the begining, and if the answer is “NO”, then we are actually landing ourselves in huge risks.

    Ideas like IPO Advisory Services can be our tools to enter at client’s place with minimal invetsment commitment from the client ( 2 Million USD)

    We have potential, manpower to launch bigtime into this, but why are we holding ourselves back is not clear to me

    Looking forward to your views on this.

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