Tuesday, April 30, 2013

Letters to the editor

Insightful content
The Joint Editor of B&E, Steven Philip Warner, has pulled it off once again: picking leaders in the US profits stakes. Yet, his top twenty list of one-year of stellar performance is dependent on managers and their staff out-guessing the markets – which over a longer term, does not occur. We must remember that “In Search of Excellence” was a 3-year best seller,yet its 43 focus firms have died away; and also, one can’t create success by copying the ‘rules of guru’.Warner, however, does look carefully at the operations of his firms and argues for their future success by anchoring them in a wider context – which is what I hope ‘talking heads’ in the media would do more often rather than provide neat ‘sound bites’ or ‘clever quotes’. I wish Warner and B&E all the best for their insightfulness: I will give them 5/5.

Dr. Frank Richter
Former Director of the IMF and Current Chairman, Horasis

Software is in
In reference to the story on the Indian IT sector in Business & Economy (Revisiting IT – Beyond the street), we have recently conducted a survey of 20 of the largest IT services providers to create a global software asset inventory. Software assets have always been part of the IT services players’ portfolio of offerings. France’s Sopra or Canada’s CGI have had software assets since the 1980’s. Indian players like NIIT Technologies have started investing in such assets in the 1990’s. Interestingly, the number of software asset creations has exploded over the past 2 years. According to the survey results, more than 52% of the total software assets were created in the past 2 years. In parallel, most large services companies have created or are creating the required organization that will enable them to transition to asset-based IT services.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
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