But there have been failures too. Writing in Forbes.com, Susan Adams points out that Kenneth Lay's return to Enron was a resounding disaster. And Paul Allaire's return to Xerox in 2000 a year after he left failed to stop the stock from plunging 60 percent in his second innings – which lasted barely 15 months.
--Mr. Parthsarthi has raised a very valid point. It was square responsibility of Narayanmurthy to do a succession planning and left behind competent people. Did he fail in this task? And will he be able to do it now?
Regards
Virendra Goel
From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of PARTHA SARATHI
Sent: Saturday, June 01, 2013 4:23 PM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] BREAKING NEWS
It also perhaps indicates that there is a leadership gap/void and succession planning was not adequate to meet tnhe future challenges/issues.
Regards,
B.N.V.Parthasarathi.
09885064644.
From: "rgopaldoctor@gmail.com" <rgopaldoctor@gmail.com>
To: join_mtc@googlegroups.com
Sent: Saturday, 1 June 2013 2:26 PM
Subject: Re: [MTC Global] BREAKING NEWS
It just proves that competency in one area is not sufficient and enough to manage another area. Kamath a financial competent and infosys a truly software co.
Thx
Prof. Dr. R. GopalSent on my BlackBerry® from Vodafone
From: Stephen Narayanan <stepnrn@gmail.com>
Sender: join_mtc@googlegroups.com
Date: Sat, 1 Jun 2013 13:54:28 +0530
ReplyTo: join_mtc@googlegroups.com
Subject: Re: [MTC Global] BREAKING NEWS
With the revenue growth of Infosys way below its competitors the apprehension of Board members was understandable and lot of parlays went on behind the board rooms... and KV Kamath stepped down to be Joint Independent director paving the way for Narayanamurthy to assume the office of Executive Chairman. His son is waiting in the wings to learn the trircks of trade from his experienced guide, mentor & father. Hopefully they will steer the ship of Infosys which was in rough weather conditions and turn it around to its earlier glory.
On Sat, Jun 1, 2013 at 1:46 PM, Ganesh Natarajan <GaneshN@zensar.com> wrote:
It is a good development for Infosys and as an industry we welcome it !
Ganesh
www.ganeshnatarajan.com
-------- Original message --------
From: "Prof. Bholanath Dutta" <bnath.dutta@gmail.com>
Date:To: join_mtc <join_mtc@googlegroups.com>
Subject: Re: [MTC Global] BREAKING NEWSIt sounds great. Hope, Infosys will be on the growth track again. He holds good number of shares in Infosys as a founder member hence the salary is not relevant. But definitely, he will be entitled for all other fringe benefits amounts to few lakhs / crores.
Regards @ BholanathOn Sat, Jun 1, 2013 at 11:44 AM, Virendra Goel <goel.virendra@gmail.com<mailto:goel.virendra@gmail.com>> wrote:
Narayanmurthy joins Infosys again as executive Chairman at a salary of Re. 1/-
Any guesses or comments?
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