As Mr.B.R.Raju(Ex-Chairman, Satyam Computer services) resigned and unreeled the secrets, the entire world considering him as a fraud, even though he had not done anything for his personal gain. Whatever he did, he did to keep his organization as one of the best. In this process he even pumped in the 1250 crores of personal money into the company which he can never recover. But in the process he lost everything, money name and fame because he is not open.
He has done nothing wrong other than discussed above. But at this juncture it is more important for everybody to support the 50,000 families dependent up on this organization and the clients which in turn depends upon the Satyam support.
One thing we should remember that the company is still intact. Still running in profits. Still having the customer confidence(Believe me we got lots of letter stating support from customer). Only thing it has lost is the moral. Of course if your leader and your role model is being doubted by the entire world, you automatically loose the moral. If you lose money you can earn, if you lose name still you can recover. But you lose moral you had lost everything.
so keep your moral up go and win the situation.
at the end i remeber what Mahatma Gandhi once said:
'Fight the Tendency to Quit, When You Left Behind'
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Hey man,
ReplyDeleteExpected you much earlier on the blogospere..but better late than never :)
Whatever happening to Satyam is certainly very bad. But atleast don't defend Mr. Raju.
Presenting fake books in itself is an unpunishable act which has led to the horrendous consequences. It takes a lifetime to create a name as big as Satyam..And what happens when one man spoils it like anything..
You say customers are mailing you people that they would support you and won't abort projects and all, but tell me one thing - Will they renew it? No, they won't!!
Atleast one thing Mr. Raju did good was he accepted things.
He certainly was a good cook who made this global IT dish called Satyam but over the time, he was also cooking something else and now all the investors, employees and well-wishers (i know there are many) are getting this once in a life time chance of being fooled, of being cheated, of being robbed (if i may say so) by their own idle (idol is the spelling i guess :)).
But dude one more thing,
Don't you think some more people and various institutions viz, PwC, Income Tax Dept, Govt of A.P., SEBI are also involved in adding various ingredients and stirring this dish from time to time. Because i can't believe a management can play such a fraud without the knowledge of these honchos and that too for such a long time.
P.S.
-Sorry Mr. Raju - Nothing damn personal. This is all business (Not my dialogue ofcourse :))
-I sincerely hope Satyam gets a new bunch of cooks and some particulary smart chef (higher management) who can take them out of this mess.
Hey Sudharm,
ReplyDeletenice to hear from your side.
ya its true that customer will think for more than 100 times to renew it and on the same time its not easy for them to make an exit.
its now in their interest (for short term) that company won't go anywhere.Lets see what the new cook add to make the curry eatable after government interferd.
you really TRIGGERED AN IMPORTANT POINT saying the role of PwC, Income Tax Dept, Govt of A.P., SEBI cannot be unaware of situation.
now, to save their reputation and the reputation of Indian IT companies they must take step.
Aim for success, not perfection. Never give up your right to be wrong, because then you will lose the ability to learn new things and move forward with your life.
ReplyDeleteDr. David M. Burns