IT Biggies plan retirement after 2010

By Swikriti Singh, SiliconIndia   |   Friday, 31 December 2010, 13:09 Hrs
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Bangalore: Fast-growing industries are not short-term solutions to career dilemmas. Industries grow out of need for the products they deliver and careers are also not built on short-term needs. Industry growth offers long-term career opportunities. The Indian IT industry has adhered to this fact which can be seen in the speed of hiring and the acquisitions and mergers present on the cards.

A founder or the leader needs to be dominant in the market to have a substantial market share. Founders like Narayan Murthy of Infosys and leaders like Pavan Vaish of IBM Daksh, Ratan Tata of Tata Group, Sunil Jose of Sybase and Sanjay Kalra of Tech Mahindra reached their respective positions by constant improvements on their products and innovations and convincing capabilities. The years 2010-12 are to witness the end of showdown of all these great leaders who led their respective companies in an extremely fruitful way which has resulted in the companies to reach where they currently stand now.

Narayan Murthy to resign as Infosys Chief in 2011

As the reign of Narayan Murthy comes to an end, India's second largest IT firm Infosys prepares itself to lose its parent figure and be led by someone else. He led the company for a period of 30 years. Murthy stated that Infosys has a lot of talented people and the next chief would be selected mainly on the basis of merit and competence. He also opined that Infosys has created a strong structure and is not dependent on any individual which has made Infosys the strong entity that it is.

Pavan Vaish to quit IBM Daksh in 2011

He is one of the co-founder and the CEO of IBM Daksh who plans to quit by February. Vaish had taken over as the CEO of IBM Daksh in 2006 and was responsible for providing strategic guidance and leadership to all client-facing business units and shared services. Vaish has been instrumental in the rapid transformation of the start-up into the global market leader that IBM Daksh is today.

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