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TRAINING AND DEVELOPMENT
IN
INFOSYS
A Minor Project Report
Submitted in partial fulfillment of the requirements for BBA (travel and
tourism management) Semester III Programme of G.G.S Indraparastha
University, Delhi.
Submitted by
YOGESH GUPTA
Course - Bachelor of Business Administration - Semester-III
Enrl. No. : 01611301709
BITTR
TIKRI KALAN, ROHTAKROAD
New Delhi 1100
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Declaration
I hereby declare that the minor project report, entitled Training and
development in infosys, is based on my original study and has not been
submitted earlier for any degree or diploma of any institution/university.
The work of other author(s), wherever used, has been acknowledge at
appropriate place(s).
Place: .. Candidates signature
Date: Name.............................
Enroll.
No..
Countersigned
Name:
Supervisor
BITTR
(ii)
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Preface
I, Student of bittr affiliate to Guru Gobind Singh Indraprastha University
pursuing BBA (travel and tourism management) course. I have put mysincere effort to accomplish my objectives within the stipulated time.
Despite all the limitation, obstacles, hurdles and hindrances, I
have toiled and worked to my optimum potential to achieve the desired goal.
Being in the highly competitive world of business. I came across some
difficulties to make my objectives a reality. Anyhow, with the kind of help
and genuine interest of one and all and formally supported by me guidance
of my guide, I am presenting this hard carved effort in coloured. I tried my
level best to conduct a research to gain a thorough knowledge about the
project in my topic Consumer protection and Consumer obligation I have
the best of my efforts and have also tried to do justice with the availability.
I would like to thank Misses. Ruchi ____, my guide for
assigning me this highly learning project and further enlightening me with
her immense knowledge and helping me out in this project. She has helped
us in finding a project of our interest and to delve deeply in the topic. My
sincere regards to jha sir of the institution for guiding me in completion of
my project work.
(iii)
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Chapter 1
Introduction
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Chapter 1 Introduction
1.1 Industrial Review
The Indian Information Technology industry accounts for a 5.19% of the country's
GDP and export earnings as of 2009, while providing employment to a significant
number of its tertiary sector workforce. More than 2.3 million people are employed in the
sector either directly or indirectly, making it one of the biggest job creators in India and a
mainstay of the national economy. In 2010, annual revenues from outsourcing operations
in India amounted to US$54.33 billion compared to China with $35.76 billion and
Philippines with $8.85 billion. India's outsourcing industry is expected to increase to
US$225 billion by 2020. The most prominent IT hub is IT capital Bangalore. The other
emerging destinations are Chennai, Hyderabad, Mumbai, Pune, Bhubaneswar, NCR,
Jaipur and Kolkata. Technically proficient immigrants from India sought jobs in the
western world from the 1950s onwards as India's education system produced more
engineers than its industry could absorb. India's growing stature in the information age
enabled it to form close ties with both the United States of America and the European
Union. However, the recent global financial crises has deeply impacted the Indian IT
companies as well as global companies. As a result hiring has dropped sharply and
employees are looking at different sectors like the financial service, telecommunications,
and manufacturing industries, which have been growing phenomenally over the last few
years.
India's IT Services industry was born in Mumbai in 1967 with the establishment of Tata
Group in partnership with Burroughs. The first software export zone SEEPZ was set up
here way back in 1973, the old avatar of the modern day IT park. More than 80 percent of
the country's software exports happened out of SEEPZ, Mumbai in 80s.
Each year India produces roughly 500,000 engineers in the country, out of them only
25% to 30% possessed both technical competency and English language skills, although
12% of India's population can speak in English. India developed a number of outsourcing
companies specializing in customer support via Internet or telephone connections. By
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2009, India also has a total of 37,160,000 telephone lines in use, a total of 506,040,000
mobile phone connections, a total of 81,000,000 Internet userscomprising 7.0% of the
country's population, and 7,570,000 people in the country have access to broadband
Internet making it the 12th largest country in the world in terms of broadband Internet
users. Total fixed-line and wireless subscribers reached 543.20 million as of November,
2009.
Throughout the 1990s, another wave of Indian professionals entered the United States.
The number of Indian Americans reached 1.7 million by 2000. This immigration
consisted largely of highly educated technologically proficient workers. Within the
United States, Indians fared well in science, engineering, and management. Graduates
from the Indian Institutes of Technology (IIT) became known for their technical skills.
The success of Information Technology in India not only had economic repercussions but
also had far-reaching political consequences. India's reputation both as a source and a
destination for skilled workforce helped it improve its relations with a number of world
economies. The relationship between economy and technologyvalued in the western
worldfacilitated the growth of an entrepreneurial class of immigrant Indians, which
further helped aid in promoting technology-driven growth.
2001
Infosys Media Centre in Electronic City, Bangalore.
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Millenium Tower in Kolkata, Salt Lake Sector-5, a mojor IT hub in the city.
Tidel Parkone of the largest software parks in Asiawas set up on the July 4, 2000
in Chennai, to aid the growth of Information Technology in Tamil Nadu.
Cyber Towers at Hitech City in Hyderbad
Patni Knowledge Park, Airoli, Navi Mumbai
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Cognizant's Delivery Center in Pune
India is now one of the biggest IT capitals in the modern world.
The economic effect of the technologically inclined services sector in Indiaaccounting
for 40% of the country's GDP and 30% of export earnings as of 2006, while employing
only 25% of its workforceis summarized by Sharma (2006):
The share of IT (mainly software) in total exports increased from 1 percent in 1990 to 18
percent in 2001. IT-enabled services such as backoffice operations, remote maintenance,
accounting, public call centers, medical transcription, insurance claims, and other bulk
processing are rapidly expanding. Indian companies such as TCS, Wipro, and Infosys may
yet become household names around the world.
Today, Bangalore is known as the Silicon Valley of India and contributes 33% of Indian
IT Exports. India's second and third largest software companies are head-quartered in
Bangalore, as are many of the global SEI-CMM Level 5 Companies.
And Mumbai too has its share of IT companies that are India's first and largest, like TCS
and well established like Reliance, Patni, LnT Infotech, i-Flex, WNS, Shine, Naukri,
Jobspert etc are head-quartered in Mumbai. and these IT and dot com companies are
ruling the roost of Mumbai's relatively high octane industry of Information
Technology.Such is the growth in investment and outsourcing, it was revealed that Cap
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Gemini will soon have more staff in India than it does in its home market of France with
21,000 personnel+ in India.
On 25 June 2002 India and the European Union agreed to bilateral cooperation in the
field of science and technology. A joint EU-India group of scholars was formed on 23
November 2001 to further promote joint research and development. India holds observer
status at CERN while a joint India-EU Software Education and Development Center is
due at Bangalore.
1.1.2 India's IT industry (USD bn) [Source:NASSCOM]
Particulars FY 2004 FY 2005 FY 2006 FY 2007E
IT Services 10.4 13.5 17.8 23.7
-Exports 7.3 10.0 13.13 18.1
-Domestic 3.1 3.5 4.5 5.6
ITES-BPO 3.4 5.2 7.2 9.5
-Exports 3.1 4.6 6.3 8.3
-Domestic 0.3 0.6 0.9 1.2
Engineering services, R&D and Software
products2.9 3.9 5.3 6.5
-Exports 2.5 3.1 4.0 4.9
-Domestic 0.4 0.7 1.3 1.6
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Hardware 5.0 5.9 7.0 8.2
Total IT industry 21.6 28.4 37.4 47.8
-Exports 13.4 18.2 24.1 31.9
-Domestic 8.3 10.2 13.2 15.9
1.1.2 Top Eight IT Hubs in India
Ranking City/Region Description
1 BangalorePopularly known as the capital of the Silicon Valley of India is
currently leading in Information Technology Industries in India.
2 ChennaiFamously known as "Gateway of South India", it is the second
largest exporter of Software.
3 HyderabadHyderabad which has good infrastructure and good government
support is also a good technology base in India.
4 Pune
Pune, a major industrial town, hosts numerous multinational and
national software giants along with BPO and KPO firms. World
class SEZs like Hinjawadi IT park and Magarpatta city give
Pune a distinct advantage. The city is a major educational hub
and churns out thousands of technocrats every year.
5 KolkataKolkata which is slowly becoming a major IT hub in near future.
Some of the well known technological corporations are si
6 NCR
The National Capital Region of India comprising Delhi,
Gurgaon, Faridabad, Noida, Greater Noida and Ghaziabad are
having ambitious projects and are trying to do every possible
thing for this purpose.
7 Mumbai Popularly known as the commercial, entertainment, financial
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capital of India, This is one city that has seen tremendous growth
in IT and BPO industry, it recorded 63% growth in 2008.TCS,
Patni, LnT Infotech, I-Flex WNS and other companies are
headquartered here.
8 Bhubaneswar
The capital City of Odisha India, Bhubaneswar is one of the
emerging IT City in India. Hosting all four major Indian IT
company: Infosys , Satyam, TCS and Wipro. Have IT SEZ on
Infocity-I and new SEZ is going to start on Infocity-II. There are
many Large, Mid and Small It companies present in this City
from last 2 decades .
1.2 Companies Profile
Infosys Technologies Ltd. (NASDAQ: INFY) was started in 1981 by seven people with
US$ 250. Today, we are a global leader in the "next generation" of IT and consulting
with revenues of US$ 5.4 billion (LTM Sep-10).
Infosys defines, designs and delivers technology-enabled business solutions that help
Global 2000 companies win in a Flat World. Infosys also provides a complete range of
services by leveraging our domain and business expertise and strategic alliances with
leading technology providers.
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Our offerings span business and technology consulting, application services, systems
integration, product engineering, custom software development, maintenance, re-
engineering, independent testing and validation services, IT infrastructure services and
business process outsourcing.
Infosys pioneered the Global Delivery Model (GDM), which emerged as a disruptive
force in the industry leading to the rise of offshore outsourcing. The GDM is based on the
principle of taking work to the location where the best talent is available, where it makes
the best economic sense, with the least amount of acceptable risk.
Infosys has a global footprint with 63 offices and development centers in India, China,
Australia, the Czech Republic, Poland, the UK, Canada and Japan. Infosys and its
subsidiaries have 122,468 employees as on September 30, 2010.
Infosys takes pride in building strategic long-term client relationships. Over 97% of our
revenues come from existing customers (FY 10).
Infosys Technologies, Best Employer in India, Training and Development, Recruitment,
Selection, Retention, Capability Maturity Model, Infosys Leadership Institute, Leadership
Development, Performance Appraisal, Organization Culture, Role Based Structure,
Attrition, Instep, Global Talent Program , Campus Connect, Compensation Structure
Vision
"To be a globally respected corporation that provides best-of-breed business solutions,
leveraging technology, delivered by best-in-class people."
1.2.2 Mission
"To achieve our objectives in an environment of fairness, honesty, and courtesy towards
our clients, employees, vendors and society at large."
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1.2.3 Values
We believe that the softest pillow is a clear conscience. The values that drive us
underscore our commitment to:
Customer Delight
Leadership by Example
Integrity and Transparency
Fairness
Pursuit of Excellence
A Magnet for the Best Global Talent
Fortune magazine identified Infosys among the top companies that "inspire, nurture and
empower a new generation of global leaders." We are committed to remain among the
industry's leading employers.
1.2.4 Quality Focus
'In God we trust, everyone else must come with data' is an oft-heard phrase at Infosys.
We constantly benchmark our services and processes against globally recognized qualitystandards. Our certifications include SEI-CMMI Level 5, CMM Level 5, PCMM Level 5,
TL 9000 and ISO 9001-2000. In February 2007, Infosys BPO was certified for eSCM
level 4.0, the eSourcing Capability Model for Service Providers developed by a
consortium led by Carnegie Mellon University's Information Technology Services
Qualification Centre.
1.2.5 Innovation, Speed and Excellence in Execution
We were one of the first companies to develop and deploy a global delivery model and
attain SEI-CMMI Level 5 certification our offshore and onsite operations. We manage
growth by investing in infrastructure and by rapidly recruiting, training and deploying
new professionals. We have 63 global development centers, the majority of which are
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located in India. We also have development centers in Australia, Canada, China, Japan,
Mauritius, and at multiple locations in the United States and Europe.
1.2.6 Industry Leadership
Our history is marked by a series of firsts. We were the first Indian company to list on a
US stock exchange and the first Indian company to do a POWL in Japan. In December
2006, we became the first Indian company to be added to the NASDAQ-100 index and
became the only Indian company to be part of any of the major global indices. We were
recently listed on The Global Dow. Infosys was also ranked No. 14 among the most
respected companies in the world by Reputation Institute's Global Pulse 2008. We were
also listed on Forbes' Asian Fabulous 50 for the fourth consecutive year. Infosys is also a
five-time Global MAKE Winner and one of only two Indian companies amongst global
leaders to have won the award in 2008.
1.2.7 ACHIVEMENTES OF PAST 10 GLORIOUS YEARS
2010
Infosys, the most admired Indian company: The Wall Street Journal Asia 200
survey
Infosys is ranked among the top ten value-creating technology and
telecommunications companies by The Boston Consulting Group
Telstra and Infosys won Best ITSM (IT Service Management) Project of the Year,
the top industry award bestowed by itSMF Australia, the peak body for ITSM in
Australia
Infosys BPO was recognized for outsourced services delivery at the Shared
Services & Outsourcing Network (SSON) 2010 North American and Australasian
Shared Services Excellence Awards.
Infosys was voted the best company in management, corporate governance,
investor relations, and corporate social responsibility (India) in a FinanceAsia
magazine survey
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Infosys ranked second in The International Association of Outsourcing
Professionals 'Global Outsourcing 100'
Infosys BPO wins the "Most Dynamically Developing BPO Center in Poland"
award from Forbes Magazine
Infosys ranked among 'Best Companies for Leaders'
Infosys ranked among the best in investor relations in APAC region
Infosys wins award for the 'Best investor relations by an APAC company in the
US market'
Infosys BPO wins "BPO Organization of the Year" and "Fun at Work" awards
from Stars of the Industry
Infosys has been voted in The Asset Triple A Corporate Awards - Gold Award for
Investor Relations in Technology in USA
Infosys, the most sought-after company in India: Business Today Survey
Infosys wins American Society for Training & Development (ASTD) award for
excellence in inclusivity
2009
Independent Research Firm Names Infosys as a Leader Among Oracle Service
Providers
Infosys among Asia's Most Admired Knowledge Enterprises
Infosys Honored with Oracle Titan Partner Award at Oracle OpenWorld 2009
Infosys Siebel Business Process Testing Solution Named "Partner Solution
Offering of the Year" at HP Software Universe 2009
Infosys Named as a Top Supplier for Sears Holdings Corporation
Independent Research Firm Names Infosys as a Leader in SAP Implementation
Infosys BPO Bags Excellence Award for Diversity Hiring Initiatives
Infosys BPO Receives e-SCM-SP Capability Level 5 Certificate from Carnegie
Mellon University's ITSqc
Infosys Cited as a Leader in North American SOA Systems Integration Services
Market by Independent Research Firm
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Infosys BPO receives "positive" rating in leading analyst firm's Comprehensive
Finance and Accounting Business Process Outsourcing MarketScope report
Infosys listed on Forbes' Asian Fabulous 50 for the fourth consecutive year
Infosys ranked among the greenest brands in India
Infosys in 'India's Best Companies to Work For' : Survey by Great Place to
Work Institute
Infosys in Fortune's 100 fastest-growing companies
Infosys, the most admired Indian company: Wall Street Journal survey
Infosys, the Best Outsourcing Partner: Waters Rankings 2009
Infosys has received the highest rating on corporate governance by ICRA
Infosys was ranked among the top 50 most respected companies in the world by
Reputation Institute's Global Reputation Pulse 2009
Infosys listed among best companies for leaders by Hay Group and Chief
Executive Magazine
Infosys received the distinction of having one of the 'Best Ranked Online Annual
Reports in Greater China & Asia/Pacific' at IR Global Rankings 2009
2008
Infosys, the Best Outsourcing Partner: Waters Rankings 2008
Infosys selected as a member ofThe Global Dow
Infosys BPO recognized at the Asia Business Continuity Awards
Infosys BPO recognized at the Six Sigma Global Summit
Infosys receives "positive" rating in leading analyst firm's Remote Support &
Monitoring Services' MarketScope reports
Infosys BPO wins special award at the 2008 NOA Awards
Infosys Cited as a Leader in Oracle Implementation Services by Independent
Research Firm
Infosys Australia achieves enhanced CMMI Level 5 quality standard
Infosys wins the Most Admired Knowledge Enterprises (MAKE) award
Infosys wins first-everRMMY award for customer relationship management
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Infosys and Infosys BPO honored at the Software Technology Parks of India
(STPI) and Karnataka State IT Exports Awards
Infosys wins HDS Diamond Award for 'Best Virtualization Strategy' and
Platinum Award for 'Best Green Strategy for a Data Center'
Infosys wins the NASSCOM gender inclusivity award
The Asset magazine acclaims Infosys' Corporate Governance
Infosys BPO wins the Global Six Sigma award
Infosys BPO wins 'Group Excellence in Business Continuity Management' award
at the Asia Business Continuity Awards 2008
Infosys Annual Report 2008 wins LACP Platinum award
Infosys wins Sears Holding Corporation's Partners in Progress award for the
second consecutive year
Infosys BPO awarded Provider of the Year 2008 award in the Large Enterprise
Category by FAO Today
Infosys wins two Banker Technology Awards for its exceptional work in
wholesale and capital markets
Three of Infosys BPO's top-level executives named in FAO Today's Global
Superstars List now in its fourth
Infosys wins Eastman Chemical's Supplier Excellence Award for the second
consecutive year
Infosys BPO receives COPC-2000 CSP Standard Version 4.1 Certification for
selected client programs - in the telecom order entry and order validation
processes
Infosys BPO receives "Positive" Rating in leading analyst firm's Comprehensive
Finance and Accounting Business Process Outsourcing Market Scope Report
Infosys ranked No. 14 among the most respected companies in the world by
Reputation Institute's Global Pulse 2008
Infosys wins award for best investor relations by an APAC company in the U.S.
market at IR Magazine U.S. Awards 2008
Infosys received the Boeing Performance Excellence Award (BPEA) from The
Boeing Company for a 12-month gold-level performance
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Infosys received the '2007 Vendor of the Year' award from Ameriprise Financial
The International Association of Outsourcing Professionals (IAOP) named
Infosys in its '2008 Global Outsourcing 100'
IAOP, in association with Fortune magazine, inducted N. R. Narayana Murthy
and Nandan M. Nilekani, co-founders, Infosys, into 'The Outsourcing Hall of
Fame'
Infosys wins Investor Relations Global Rankings 2008 awards in APAC
categories
Infosys Cited as a Leader in SAP Implementation Services by Independent
Research Firm
Infosys moved up to No. 14 on FinTech 100, an international annual listing of the
top 100 global application and service providers to the financial services industry
Infosys entered the Balanced Scorecard Hall of Fame for Executing Strategy on
the strength of its innovative strategy planning and execution capabilities
Infosys was honored with the Sharpening Brand and Competitive Differentiation
Marketing Excellence Award from the Information Technology Services
Marketing Association (ITSMA) for its success in shifting its perception from a
provider of offshoring services to that of a partner that helps companies reshape
their businesses in a flattening world
2007
Infosys becomes the first Indian company to win Nielsen Norman Group's
Intranet Design Annual awards
Infosys receives Balanced Scorecard Hall of Fame Award for Executing Strategy
Infosys Ranked 14 in FinTech 100
Infosys BPO conferred Provider of the Year award by FAO Today
Infosys Awarded Best-In-Class ITSMA Marketing Excellence Diamond Award
BT and Infosys Awarded National Outsourcing Association's Innovativ
Outsourcing Project of the Year
Infosys Positioned in the Leaders Quadrant for European Offshore Application
Services Pages
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Infosys Ranked No.1 offshore service provider in securities processing BPO
Infosys Positioned in the Leaders Quadrant for North American Offshore
Applications Services Pages Magic Quadrant
Infosys Consulting Co-Founder Named to Consulting Magazines Top 25
Consultants
Infosys Named Wachovia's "IT Vendor of the Year"
Infosys Receives the Highest Score in Strategy in Forrester Research's Report on
the Applications Outsourcing Market
Finacle from Infosys positioned in the Leaders Quadrant in the Magic Quadrant
for International Retail Core Banking Solutions
Infosys received the '2007 Vendor of the Year' award from Ameriprise Financial
Infosys wins NASSCOM-India Today Woman Corporate Award for excellence in
gender inclusivity
Infosys wins Global MAKE award for the fourth year
Infosys in Fortune's Top 10 Companies for Leaders
Waters readers name Infosys as Best Outsourcing Partner
Bloom Group: Infosys.com, a prospect-friendly website
The Reputation Institute: Infosys, a globally respected company
Infosys in Dun & Bradstreets Top Indian IT Companies 2007
Won the Export Excellence Award in the Services Category from the Federation
of Karnataka Chambers of Commerce & Industry
Etihad Airways receives industry honors for web strategy implemented by Infosys
Infosys Named "Best Outsourcing Partner" in Waters Rankings Survey
Forrester names Infosys a Leader in Global IT Infrastructure Outsourcing
Infosys Named Royal Bank of Scotland Group's 2007 "Best Technology
Supplier"
Infosys Receives Two "Partner in Progress" Awards from Sears Holdings
Corporation
Infosys won the poll for the New Age Employer of Choice Award 2007
conducted by CNBC TV18, CNBC Awaaz and Moneycontrol.com
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British Telecom and Infosys were awarded the National Outsourcing Association
(NOA) award for Innovative Outsourcing Project of the Year 2007
Infosys Annual Report wins LACP Silver Award
Infosys wins the 2007 Optimas Award in the "Global Outlook" category
2006
Infosys BPO ranked among Top 100 in the Deloitte Technology Fast 500 APAC
rankings 2006
Infosys won the APICS Corporate Award of Excellence for 2006 in the Education
category at the APICS International Conference in Orlando
Rated among the Top 5 investor relations websites in APAC/ Africa by IR
magazine
ICAI judges Infosys Annual Report 2006 best in "Information Technology,
Communication and Entertainment Enterprises" category
Best Presented Accounts in Communication and Information Technology Sector
in SAFA (South Asian Federation of Accountants) BPA Awards, 2005 and
overall winner of the SAFA Best Presented Accounts 2005
Finacle from Infosys emerges as a leader in retail banking platform
Infosys CEO is Forbes Asia Businessman of the Year
Nandan M. Nilekani gets Dataquest IT Person 2006 award.
Infosys is the Best Company to work for in India 2006 says the BT-Mercer-TNS
survey published by Business Today
Infosys in BusinessWeeks Ten to Watch companies
Infosys added to the NASDAQ-100 Index
Infosys is ranked the Businessworld Most Respected Company in a survey
Nandan M. Nilekani recognized as one of the World's 100 Most Influential People
Infosys ranked #36 on the worldwide list of the World's Most Innovative
Companies
BusinessWeek ranked Infosys #10 among World's Most Innovative Companies in
the APAC region.
Infosys one of 74 Global High Performers chosen from Forbes' Global 2000 list
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Infosys' Global Education Center called the "Taj Mahal of training centers" by
Fortune magazine
Nandan M. Nilekani joins World Economic Forum (WEF) Foundation Board
Infosys Awarded DaimlerChrysler's "IPS Supplier of the Year 2006"
Infosys Named Sainsbury's 2006 IT Supplier of the Year
Nandan M. Nilekani conferred the Padma Bhushan, India's third highest civilian
award, by the Government of India
2005
First position in SAFA (South Asian Federation of Accountants) Best Presented
Accounts Award 2004 in the Communication and Information Technology Sector
based on the evaluation of the Annual Report of the company
Business 2.0 ranks Infosys at No. 8 among fastest growing tech companies
Infosys ranks No. 9 on The Wired 40
Infosys named India's Best Managed Company based on a study conducted by
Business Today and A.T. Kearney
Infosys tops the regional rankings for best Corporate Governance in Asiamoney's
Corporate Governance Poll
Best Annual report award from the Institute of Chartered Accountants of India for
tenth successive year
2004
Infosys has won the Golden Peacock National Quality Award for 2004
SAFA (South Asian Federation of Accountants) Best Presented Accounts Award
2003 in the Communication and Information Technology Sector based on the
evaluation of the Annual Report of the company Award from Global Finance magazine as the Best company in the Computer
Software Sector in Asia
Infosys Technologies won the prestigious Global MAKE (Most Admired
Knowledge Enterprises) award
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Infosys is ranked as one of the World's Most Respected Companies in the
Financial Times-PwC annual survey
Infosys Sweeps Businessworld Most Respected Companies Awards
TIME magazine Global Tech Influentials list (August 2004) identified Mr. N. R.
Narayana Murthy, Chairman of the Board and Chief Mentor as one of the ten
leaders who are helping shape the future of technology
Infosys Ranked as the Best Offshoring Partner for 2004 by Waters magazine
Infosys wins the 2004 Annual Asian Most Admired Knowledge Enterprise
(MAKE) award
Nandan Nilekani rated among the world's most respected business leaders in FT-
PwC survey
Infosys Global Business Foundation School has been selected for the American
Society for Training & Development (ASTD) Excellence in Practice under the
workplace learning and development category
The Medinge Group, a high-level international think-tank on branding and
business, has identified Infosys as one of the eight companies across the world as
top brands with a conscience.
Infosys training and development team won the American Society for Training
and Development (ASTD) BEST Award for the contribution of learning to
organizational performance
BusinessWeek ranks Infosys among the top 3 IT Services Companies in the world
Infosys in Forbes-A list
2003
Infosys wins the prestigious Global Most Admired Knowledge Enterprises
(MAKE) Award
Infosys ranked 34 among WIRED Magazine's 40 companies that are reshaping
the global economy
Business Week ranks Infosys 74 among the top 100 fastest growing IT companies
in the world
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Infosys has been presented with a Texas Instruments (TI) 2001 Supplier
Excellence Award
Ranked as the No.1 Employer in the IT sector by Dataquest for the second time in
a row.
Ranked the Best Employer in India by Business Today-Hewitt in their annual
survey.
Rated among the best Under a Billion Forbes Global 200 small companies for
2002 by Forbes Global
Awarded the Global Corporate Achievement Award 2002 for Asia Pacific Region
by Economist Intelligence Unit [EIU]
Awarded Diamond Award for the marketing initiative WIBTA by Information
Technology Services Marketing Association [IMTA]
Ranked as the Best Managed Company In India by Asia money
Ranked No.1 among Asia's Leading Companies in India by Far Eastern Economic
Review
Rated the Most Respected Company in India by Business world
Rated the Most Globally Competitive Company, Most Dynamic Company, Most
Ethical Company and Best IT Company by Business world
A Financial Times-PwC survey listed Infosys among 50 companies that
demonstrate the most integrity
1.3 Swot Analysis Infosys
1.3.1 Strengths
Since the company is based in India its competitive advantage is enhanced. The
Indian economy, despite weak economic indicators such as relatively high rates of
inflation, has low labor costs. The workforce has relatively high skills levels in
Information Technology. Couple these two elementstogether and you have an
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operational basis that offers low-cost based, highly skilled competitive advantage.
Trained Indian personnel often speak very good English and are sensitive to
Western culture, underpinned by India's colonial past.
Infosys is in a strong financial position. The business turned over more than $4billion in 2008. This means that it has the capital to expand, and also the basis to
leverage potential investors.
The company has bases in 44 global development centres, most of which are
located in India, although the company has offices in many developed and
developing nations. This means not only that Infosys is becoming a global brand
but also that it has the capability to support the global operations of multinational
clients.
1.3.2Weaknesses
Infosys on occasion struggles in the US markets, and has particular problems in
securing United States Federal Government contracts in North America. Since
these contracts are highly profitable and tend to run for long periods of time,
Infosys is missing out on lucrative business. Added to this is the fact that its
competitors do well in terms of securing the same Federal business (and one
should also take into account that many of its competitors are domiciled in the USand there could be political pressure on the US Government to award contracts to
domestic organizations).
Despite being a huge IT company in relation to its Indian competitors, Infosys is
much smaller than its global competitors. As discussed above, Infosys generated
$4 billion in 2008, which is relatively low in comparison with large global
competitors such as Hewlett-Packard ($91 billion), IBM ($91 billion), EDS ($21
billion) and Accenture ($18 billion).
It is sometimes argued that Infosys is weaker when it comes to high-end
management consultancy, since it tends to work at the level of operational value
creation. Competitors such as IBM and Accenture tend to dominate this space.
1.3.3 Opportunities
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At a time of recession in the global economy, it may appear that some companies
will reduce take up of services that Infosys offers. However, in tough times clients
tend to focus upon cost reduction and outsourcing - with are strategies that
Infosys offers. So hard times could be profitable for Infosys.
There is a new and emerging market in China as the country undergoes a huge
industrial revolution.
The strategic alliance between Infosys and Schlumberger gives the IT company
access to lucrative business in the gas and oil industries.
1.3.4 Threats
India is not the only country that is undergoing rapid industrial expansion.
Competitors may come from countries such as China or Korea where there are
large pools of low-cost labor, and developing educational infrastructures such as
universities and technology colleges.
Customers may switch to other offshore service companies in other countries such
as China or Korea.
Other global players have realised that India has the benefit of low-cost, highly-
skilled labor that often speaks English and is culturally sensitive to Western
practices. As with all global IT players, Infosys has to compete for skilled labor
and this may have the effect of driving up wage levels, and making it more
difficult to recruit and retain staff.
1.4 Competitors Analysis
Main competitors
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IBM
IBM Global Services has the modest goal of making a smarter planet. The IT services
and consulting arm of International Business Machines operates in about 170 countries,
providing a comprehensive range of services to commercial and public sector clients.IBM's service operations are organized into two primary units: Global Technology
Services (GTS) encompasses IBM's business process outsourcing, infrastructure support,
and product maintenance offerings; Global Business Services (GBS) handles application
management services, consulting, and systems integration. IBM Global Services
integrates both IBM products and third-party hardware and software
WIPRO
When global corporations need technology services, many call in a pro. Wipro
Technologies, the global technology and consulting services division of Indian
conglomerate Wipro Limited, is one of the world's leading providers of integrated
business, process, and technology services. A leading global provider of independent
R&D services, the firm offers such services as application development, enterprise
systems implementation, networking, systems integration, and technology consulting
services. It is a world leader in offshore business process outsourcing (BPO) services.
Wipro Technologies gets the majority of its revenues in North America
Tata Consultancy Services Limited
Tata Consultancy Services (TCS) is a leading global provider of consulting and
outsourcing services, with operations in more than 40 countries. While it offers a full
range of business services and IT services (including business process outsourcing,
enterprise systems installation, network management, and systems integration), the
company's core business is developing and maintaining customized software for
businesses. Most of its clients are located in North America, Latin America, and
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Europe. TCS also provides product and industrial engineering services, as well as
strategic consulting and project management. The company is controlled by textiles
and manufacturing conglomerate Tata Group
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Chapter - 2
Conceptual Discussions
Chapter - 2 Conceptual Discussions
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NATURE OF TRAINING AND DEVELOPMENT
In simple terms, training and development refers to the imparting of specific skills,
abilities and knowledge to an employee. A formal definition of training & development
is it is any attempt to improve current or future employee performance by increasing an
employees ability to perform through learning, usually by changing the employees
attitude or increasing his or her skills and knowledge. The need for training &
development is determined by the employees performance deficiency, computed as
follows:
Training & Development need = Standard performance Actual performance.
We can make a distinction among training, education and development. Such distinction
enables us to acquire a better perspective about the meaning of the terms. Training, as
was stated earlier, refers to the process of imparting specific skills. Education, on the
other hand, is confined to theoretical learning in classrooms.
Table 1. Training and Education Differentiated
Training Education
Application Theoretical Orientation
Job Experience Classroom Learning
Specific Tasks General Concepts
Narrow / Perspective Broad Perspective
Training refers to the process of imparting specific skills.
Development refers to the learning opportunities
designed to help employees grow.
Education is theoretical learning in classroom.
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Though training and education differ in nature and orientation, they are complementary.
An employee, for example, who undergoes training is presumed to have had some formal
education. Furthermore, no training programme is complete without an element of
education. In fact, the distinction between training and education is getting increasingly
blurred nowadays. As more and more employees are called upon to exercise judgments
and to choose alternative solutions to the job problems, training programmes seek to
broaden and develop the individual through education. For instance, employees in well-
paid jobs and/or employees in the service industry may be required to make independent
decision regarding there work and their relationship with clients. Hence, organizationmust consider elements of both education and training while planning there training
programmes.
Development refers to those learning opportunities designed to help employees grow.
Development is not primarily skill-oriented. Instead, it provides general knowledge and
attitudes which will be helpful to employees in higher positions. Efforts towards
development often depend on personal drive and ambition. Development activities, such
as those supplied by management developmental programmes, are generally voluntary.
To bring the distinction among training, education and development into sharp focus, it
may be stated that training is offered to operatives, whereas developmental
programmes are meant for employees in higher positions. Education however is
common to all the employees, there grades notwithstanding.
AIMS/OBJECTIVES OF TRAINING & DEVELOPMENT
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The fundamental aim of training is to help the organization achieve its purpose by adding
value to its key resource the people it employs. Training means investing in the people
to enable them to perform better and to empower them to make the best use of their
natural abilities. The particular objectives of training are to:
Develop the competences of employees and improve their performance;
Help people to grow within the organization in order that, as far as possible, its
future needs for human resource can be met from within;
Reduce the learning time for employees starting in new jobs on appointment,
transfers or promotion, and ensure that they become fully competent as quickly
and economically as possible.
INPUTS IN TRAINING AND DEVELOPMENTS
Any training and development programme must contain inputs which enable the
participants to gain skills, learn theoretical concepts and help acquire vision to look into
distant future. In addition to these, there is a need to impart ethical orientation, emphasize
on attitudinal changes and stress upon decision-making and problem-solving abilities.
Skills
Education
Development
Ethics
Attitudinal Changes
Decisions Making and Problem Solving Skills
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The Benefits of Employee Training
How Training Benefits the Organization:
Leads to improved profitability and/or more positive attitudes towards profit
orientation. Improves the job knowledge and skills at all levels of the organization
Improves the morale of the workforce
Helps people identify with organizational goals
Helps create a better corporate image
Fosters authenticity, openness and trust
Improves relationship between boss and subordinate
Aids in organizational development
learns from the trainee
Helps prepare guidelines for work
Aids in understanding and carrying out organizational policies.
Provides information for future needs in all areas of the organization
Organization gets more effective decision-making and problem-solving skills
Aids in development for promotion from within
Aids in developing leadership skills, motivation, loyalty, better attitudes, and
other aspects that successful workers and managers usually display
Aids in increasing productivity and/or quality of work
Helps keep costs down in many areas, e.g. production, personnel, administration,
etc.
Develops a sense of responsibility to the organization for being competent and
knowledgeable
Improves Labour-management relations
Reduces outside consulting costs by utilizing competent internal consultation
Stimulates preventive management as opposed to putting out fires
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Eliminates suboptimal behavior (such as hiding tools)
Creates an appropriate climate for growth, communication
Aids in improving organizational communication
Helps employees adjust to change Aids in handling conflict, thereby helping to prevent stress and tension.
Benefits to the Individual Which in Turn Ultimately Should Benefit the Organization:
Helps the individual in making better decisions and effective problem solving
Through training and development, motivational variables of recognition,
achievement, growth, responsibility and advancement are internalized and
operationalised
Aids in encouraging and achieving self-development and self-confidence
Helps a person handle stress, tension, frustration and conflict
Provides information for improving leadership, knowledge, communication skills
and attitudes
Increases job satisfaction and recognition
Moves a person towards personal goals while improving interactive skills
Satisfies personal needs of the trainer (and trainee)
Provides the trainee an avenue for growth and a say in his/her own future
Develops a sense of growth in learning
Helps a person develop speaking and listening skills; also writing skills when
exercises are required. Helps eliminate fear in attempting new tasks
Benefits in Personnel and Human Relations, Intra-group & Inter-group Relations and
Policy Implementation:
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Improves communication between groups and individuals:
Aids in orientation for new employee and those taking new jobs through transfer
or promotion
Provides information on equal opportunity and affirmative action
Provides information on other government laws and administrative policies
Improves interpersonal skills.
Makes organizational policies, rules and regulations viable.
Improves morale
Builds cohesiveness in groups
Provides a good climate for learning, growth, and co-ordination
Makes the organization a better place to work and live
Methods and Techniques of Training:
Training techniques represent the medium of imparting skills and knowledge to
employees. Obviously, training techniques are the means employed in the training
methods. Among the most commonly used techniques are lectures, films, audio cassettes,
case studies, role playing, video-tapes and simulations. presents the list of training
techniques along with their ranking based on effectiveness. The higher the ranking (1 is
the highest rank), the more effective the technique is.At this point, it is worthwhile to elaborate on important techniques of training. We
explain the following-lectures, audio-visuals, on-the-job training, programmed
instruction, computer aided instruction, simulation and sensitivity training.
Lectures
Audio-visual
On the job Training (OJT)
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OJT is conducted at the work site and in the context of the job. It is, much time,
informal. An experienced worker shows a trainee how to work on the job.
Programmed Instruction (PI)
Computer-Assisted Instruction (CAI)
Simulation
Case Study
Role playing:
Vestibule Training:
Sensitivity Training:
H.R Practices For Training And Development In Infosys
The spirit of learnability among our people and an organizational commitment to
continuous personal and professional development keeps Infosys at the forefront in a fast-
changing industry. Our framework for continuous learning at Infosys is built around a
number of focused programs for our employees. These range from major initiatives such
as the Infosys Leadership Institute to various ongoing management development and
personal improvement programs. They complement a host of technology advancement
and ongoing training options.
The training plan provides a sequence of inputs as individuals grow through their
professional career. Commencing with a structured induction at the beginning to
leadership trainings while assuming senior responsibilities. Training and development
initiatives are available at each milestone and cover the following-
Technical training by Education & Research department:
We have an entry-level technical training program, which is for a duration of 14
weeks. This program has been certified by educationists as being equivalent to a
BS program in the US. The Education & Research (E&R) department at Infosys
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offers a variety of training programs on a regular basis for Middle level
employees as well.
Quality Process Training:
Infosys has a strong focus on quality processes and methodologies. This training
is tailored to the role that one is playing ie. Software Engineer, Programmer
Analyst, Project Managers etc
Personal Effectiveness and Managerial Programs:
Programs to enhance the managerial capabilities and leadership abilities, to enable
better customer satisfaction, achieve organizational vision and create high
performing multicultural teams.
ILI: The Infosys Leadership System:
The Infosys Leadership System (ILS) and the Infosys Leadership Institute (ILI)
address the issue of sustained growth in general and creates a formal and
committed system for developing leadership capabilities in Infoscions.
The most significant attribute of the Infosys leadership development model is its
partnership approach with the other groups in Infosys and the ownership of the
entire process by the top management in what is termed as the Internal Synergy
Model. ILI is based at a world-class physical infrastructure, in Mysore, India
The education philosophy at Infosys has been to equip the participants with the know-
how to find the best solution, rather than to teach one way to do it and also to relate to
real life situations We also encourage employees to go in for further part time and
distance education programs with fee reimbursement subject to eligibility criteria laid
down by the policy.
The note prepared by the ILI faculty enumerates 'the nine pillars for leadership
development' as:
1. 360 degree feedback
This is the mechanism through which the company gathers data about an individual's
performance and abilities. This information is collected from coworkers, including peers,
subordinates, managers and customers. Personal development plans are prepared on the
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basis of this feedback. Then, each of these individuals is assigned an ILI faculty member
to help prepare the PDP and to follow it.
2. Development assignments
Identified high potential Infoscions are trained at various functions of the companythrough job rotations and cross-functional assignments. This helps employees to acquire
new leadership skills outside their own areas of expertise and experience.
3. Infosys Culture workshops
These workshops are designed to fortify the Infosys culture amongst the participants,
help instill better communication skills through sustained interaction amongst
themselves, and identify with the values and processes involved in leadership
development.
4. Development relationships
This includes one-on-one interaction in actual on-the-job work climate and leads to better
sharing of knowledge and camaraderie amongst individuals. Mentoring forms an integral
part of this exercise.
5. Leadership skills training
The 'Leaders Teach Series' are workshops that the company's Tier-1 members, including
Narayana Murthy and Nandan Nilekani (CEO and MD), hold to acclimatise the next rung
with leadership roles and to groom them through their own rich experience.
6. Feedback intensive programmes
These are akin to 360 degree feedback, but based on formal and informal feedback from
employees that an individual interacts with.
7. Systemic process learning
This helps individuals to gain an overall view of the company and its diverse and
complex systems, business, operations and processes. It is a continuous process and helps
improve the individual and also the systems.
8. Action learning
This exercise constitutes solving real problems in real-time conditions, but as a team.
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9. Community empathy
The company stresses the need to give back to society through involvement in various
developmental, educational and social causes. This programme helps nurture a social
conscience amongst its leaders.
"The last 25 years for Infosys have been successful. And we are ready for the future. Yes,
our growth rates will change, the business cycles will change, our ability to influence the
business environment will change, even our leaders will change. But what
will notchange in Infosys's future is our ability to achieve profitable growth legally and
ethically, our guiding set of principles and our values," says Gopalakrishnan.
Meanwhile, there is a buzz about the imposing edifice of the ILI set amidst the verdant
expanse that is the Mysore campus of Infosys: the next CEO, COO, CFO are being
readied there.
Need for Training
The dynamic nature of the software and IT industry requires its workforce to upgrade
frequently in technology and skills. Companies were focusing on continuous training
and development of their employees, which also helped in the reduction of attrition
rate.
At Infosys, every new recruit underwent approximately three months of training before
they were made billable to clients.
The American Society for Training and Development (ASTD) rated Infosys as the
worlds best in employee training and development and conferred Excellence in
Practice Award continuously for three consecutive years 2002, 2003 and 2004. The
award was conferred for its Global Business Foundation School. It was a program for
all fresh engineering entrants to Infosys to equip them for the challenging software
career ahead of them. The program ran around the year and was implemented over
several global centers across the organization.
The Global Business Foundation School comprised of generic conceptual courses,
platform specific courses, mini projects for application, and an end term project
tailored from real life projects. In addition to technical courses, fresh entrants were also
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exposed to courses on communication skills, interpersonal skills, customer interaction
etiquettes, management development, and quality systems.
In 2005 Infosys established Infosys U, one of the largest corporate training centers in
the world.
Infosys U
The Global Education Center was set up in 2005. It was one of the biggest corporate
training centers in the world. The Global Education Center would run a 14.5 week
residential program, which would impart generic and work specific training in
technology areas, along with soft skills and leadership programs to freshers. The center
had 2,350 rooms spread across the campus, 58 training rooms, 183 faculty rooms,
state-of-the-art library and a cyber cafe. The center had the capacity to train around
15,000 freshers in one year.
The Training Program
After the new recruits joined Infosys, they were taken to Infosys U for a 14.5 week
training program. At Infosys U, the freshers were welcomed in Infosys by NR
Narayana Murthy through an audio visual presentation. The initial days of the training
program, freshers filled forms and learned the values that drove Infosys. During the
entire training program, new recruits were trained to work or program different tech
applications.
The library had an online database of Infosys case studies to help the recruits. The
trainers generally imparted training in hard skills through lectures on the concepts and
theory for a few hours and then allowed the recruits to work independently and build
their own applications for the rest of the day.
While the training program focused mainly on technical skills, the freshers were also
trained in soft skills. There were separate rooms and faculties for soft skill training.
Training was imparted on global etiquette, comportment, importance of body language,
public speaking, improving interpersonal communication and team-building. The
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various methods used included, asking the freshers to perform skits, going through
several what-if scenarios and to practice smiling in front of the mirror.
The campus provided best of food to at an affordable price. Among other options, the
campus had the retail outlet of the pizza chain Dominos Pizza where both Westernand Indian varieties of pizzas were available. The pizza could also be ordered while the
employee was working, but the Infosys culture discouraged working during lunch. The
Infoscions believed in taking break during lunch and socializing.
The center had an Employee Care Center to facilitate all round development. The
employee care center offered recreational facilities such as a gymnasium, a swimming
pool, Jacuzzi, bowling alley and a meditation hall. It also had an international-class
cricket ground and a multipurpose ground with a six-lane synthetic track, which
housed basketball, volleyball, squash, and tennis courts. The campus also housed an
auditorium, which had a seating capacity of 1,300 people and three multiplex theatres
with a capacity of 150 seats each. The freshers had to work for eight hours every day
and at the end of the training program, the freshers had to pass two comprehensive
exams before proceeding further. About 1% to 2% failed in the exams.
Infosys U also served as the opportunity to interact with Infoscions working in
countries other than India. In 2006, Infosys U had the capacity to train over 4,000
freshers at a time and had expansion plans of increasing the capacity to 10,000 by
2007.
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Chapter 3- Research and Methodology
Chapter 3- Research and Methodology
3.1 Methodology
To know which method is used for, completing the project firstly we have to know
basically what primary data and secondary data are.
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3.1.1 Primary Data
Information collected for the specific purpose at hand or specifically for the currently
undertaken.
3.1.2 Secondary Data
Information that already exists somewhere, have been collected for another purpose.
I used secondary data for this project. I refer some books and also some websites for the
project. These books and websites are mentioned in the bibliography.
3.1.3 Limitations of the study
Although sincere efforts have been done to collect authentic and relevant
Information ,the study may have the following limitations.
Limited scope: scope of the study is limited because of limited time. So;
results of the study may not be generalized as whole.
Results may be inaccurate: This study is based on the assumption that
perceptions are true and factual althoughat times that maynot be the case.
Existence of biases: though every care has been undertaken to eliminate
such biases , but considering the human factor possibility Of small bias
having come up cannot be ruled out altogether .
Consumer behavior: Consumer behavior is dynamic in nature and thus
Over the time, finding of today may be invalid tomorrow.
Sample size: The Sample size taken is small and may not be sufficient
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to predict the 100% accuracy and hence finding may not be generalized
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Chapter 4 Finding and Analysis
Chapter 4 Finding and Analysis
All numbers in thousands
PERIODENDING 31-Mar-0931-Mar-0831-Mar-07
TotalRevenue 4,663,000 4,176,000 3,090,000
Cost of Revenue 2,699,000 2,453,000 1,777,00044
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GrossProfit 1,964,000 1,723,000 1,313,000
Operating Expenses
Research Development - - -
Selling General and Administrative 590,000 564,000 458,000
Non Recurring - - -
Others - 8,000 3,000
Total Operating Expenses - - -
Operating Income or Loss 1,374,000 1,151,000 852,000
Income from Continuing Operations
Total Other Income/Expenses Net 101,000 175,000 84,000Earnings Before Interest And Taxes 1,475,000 1,326,000 936,000
Interest Expense - - -
Income Before Tax 1,475,000 1,326,000 936,000
Income Tax Expense 194,000 171,000 84,000
Minority Interest - - (2,000)
Net Income From Continuing Ops 1,281,000 1,155,000 850,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income 1,281,000 1,155,000 850,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares $1,281,000 $1,155,000 $850,000
Balance sheet
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Histogram
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Bibleography
http://www.rediff.com/money/2006/aug/03mspec.htm
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http://hrcases.wordpress.com/2008/06/25/training-fresh-recruits-at-infosys/
http://www.google wiki.
http://www.Yahoo.com
http://www.Ask.com
http://www.Moneycontrol.com