Introduction Nayar is the only name which comes to mind when talking about innovating leaders. When Nayar becomes in charge of HLC, He envisioned his company becoming one of the biggest successes IT companies in the world. By applying an employee first, consumer second approach and was all applying discovery skills in the form of networking, observing. Nayar transformed HLC. In this paper, I will analyze the trends and skills that Nayar used to influence and create corporate culture, sparking innovation
Transformation : To understand the reasoning for transforming of HCL, we must first outline the environment that made the transformation necessary. There were several global trends that influenced the need for Nayar to create a more innovative organization. According to Nayar, when he was appointed to be CEO, the company's revenues were growing by about 30% a year and were some 765 million, which on the surface would be great however, it was losing market share and their
Abstract Vineet Nayar is a charismatic leader that utilized disruptive innovation to improve HCLT in the IT industry. The rapidly changing IT industry was trending in the global environment. Although HCLT was increasing revenue it was not increasing their market share. To transform HCLT into a market competitor Nayar utilized associating, questioning, observing, networking and experimenting to reach and accomplish HCLT's success. However, Nayar neglected the market status in the beginning of
innovative leader Vineet Nayar, a former CEO of HCLT. This paper examines and describes his leadership techniques within his organizations. In this paper, I will analyze the global trends that influenced the need for Nayar to create a more innovative organization. Also, this paper will introduce the five discovery skills and assess Nayar’s use of them as an innovative leader within his organization. Lastly, I will make recommendations for improvement on use of the discovery skills. Factors in
you the large analytical tools and terminology to collect and analyze trends. In the Capella library, read: * Hitt, Haynes, and Serpa's 2010 article "Strategic Leadership for the 21st Century" in Business Horizons, volume 53, issue 5, pages 437–444. This article provides you information on specific trends. Case Study In his book Employees First, Customers Second: Turning Conventional Management Upside Down, Vineet Nayar, CEO of HCL Technologies, a leading global IT services company, explores
become an integral part of the innovative process within their organization. Former CEOs, Vineet Nayer of HCL Technologies, Steve Jobs of Apple and Jeff Bezos of Amazon are examples of leaders who were able to successfully utilize the five discovery skills described by Dyer, Gregersen, & Christensen (2011) to develop an innovative culture throughout their respective workforces in order to boost the overall innovation of their companies. Specifically, Nayer, was able to quickly surmise that his IT company
programs directed towards a population with a negative stigma attached to it, the discriminating employers may display a confirmation bias, in which one finds proof that his or her beliefs are accurate (Nickerson, 1998), as a result of the reported data trends. Even if the implemented programs are effective and accessible, if a person part of the stigmatized population has experienced trauma as a result of the stigma, that person may be reluctant to access these resources in an effort to overcome the stigma
the abolition of polygamous practices such as the Marumakkathayam system of inheritance amongst Nayar communities, whilst increasing nationalist sentiment contributed to the diminishing importance of unique matrilineal forms in Kerala in favour of the patrilineal inheritance that prevailed as a middle class norm in the rest of India. (Arunima, 2003). Note that I have made no distinction between “Nayar castes” and “a Malayali middle class”, necessitating the clarification of two dimensions: reconciling
N Vijay Independent Director Non-executive 63 S Narayan Independent Director Non-executive 71 Ajay Dua Independent Director Non-executive 67 Saket Burman Promoter Non-executive - Sanjay K Bhattacharrya Independent Director Non-executive 64 Falguni Nayar Independent Director Non-executive - Dabur India Board comprised of a chairman & a vice chairman, both of whom are non-executive directors, 2 executive directors, 2 non-executive promoter directors and 6 non-executive independent directors. As per
and work diversity. Some of the initiatives taken by the company are related to flexible work design, work life quality, employee benefits and employee training and development. HCL’s tagline “Employee First, Customers Second” initiated by Vineet Nayar is one of the famous HRM practices to improve the work life. It involves employees in various activities beyond work. It provides a platform to interact with the CEO. It aids the employees in voicing their opinions directly to the CEO. The company