It was a debacle. The fall of Satyam’s market value was very unfortunate occurrence in Indian Corporate History. Leave the tainted personnel and consider the taxes that have been paid so far by their associates (employees). They didn’t do any big favour to the system… it was their responsibility. But, it was a considerable amount. At the same time, their efforts in building a solid customer base were unquestionable.
Why should they become the victims of recent happenings? Is it wise to block that wealth creation? When the driver is faulty, change the driver and let the journey continue. When the fuel is short, ask someone to lend the fuel and let the journey continue!
Where is the CEO?
It’s simple logic. If a person is hurt we provide him with a doctor who can mend possible health hazards and inject some positive thought. In this case, doctor is a CEO, and mending possible hazards means retaining the clients’ faith. Injecting positive thought is nothing but assuring the employees that their future with their company is unswayed.
Instead, the things happening around are more inclined to dig the reasons for injury and an endless diagnosis by the new board of directors!
What is the immediate need?
The directors are approaching banks and financial institutions for help. It can’t be denied. But the clear and present need is to arrange a meeting with all Satyam’s clients and it should be chaired by a CEO.
1. A message has to be sent across that there is nothing to worry about the progress of projects taken up by the company.
2. The CEO has to have cognizance of project environment and current technologies. Of course, the business nuances.
3. Crisis has to be managed by rendering enhanced customer relations and employee motivation.
4. See that day-to-day operations are not suffered because of this crunch.
Ain’t a Telugu able to prop up?
It is not just the adoration of Satyamites, but it’s an organisation the whole Telugu community feels proud of. Spread across the world, Satyam had proved that Telugus are quite capable to take sizeable share in IT market.
Now, the recent financial indiscipline can be handled and a professional advice can also be delivered by a Telugu. There are many such experts in the homeland of Satyam. They must be a given a chance to play a part. That rebuilds the faith of thousands of aspiring professionals in Andhra Pradesh, which is playing a vital role in Information Technology.
A stitch in time saves nine
Friends, it’s been almost two weeks since the company lost its direction. Except, the appointment new board of directors there is no concrete step taken by the Government, to help the sinking ship. Voice out your opinion and team up for action before it turns from “urgency” to “distress”.
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