At the annual Oscar Awards of the IT industry, which is what the Dataquest
Awards have become known as, the Pathbreaker Award given to the very original
Prof Ashok Jhunjhunwala was only one of the recognitions awarded to three
outstanding trendsetters. At a time when the industry is truly at a cross road
seeking new avenues for growth and profitability, the recognition of path
breaking achievements in an industry that for too long has chased "better
sameness" was truly a welcome step.
Take a look at the two other significant award winners of the evening–Deepak
Puri of Moser Baer as IT Man of the Year and the inimitable Prof Vijay Bhatkar
for Lifetime Achievement. Mr Puri spoke of his experience with a financial
analyst whose comment on Moser Baer’s ambitions in the early years was
"Where angels fear to tread, fools rush in," a statement that he was
to rue later as Moser Baer grew from strength to strength. And Prof Bhatkar gave
a new clarion call to the ICT industry–to have revenues of a trillion dollars
by the year 2020 employing 10 million people and setting new standards for the
entire world.
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This is the stuff that worthy dreams and vision are made of, and with never
before optimism pervading all industry sectors and the general feeling amongst
the Software Exports community that 2004-05 will see a return to the days of
significant revenue and profit growth, there does not seem to be any landmark
that is too difficult to achieve. Writing on "Igniting India’s mind"
in the annual issue of a weekly magazine, President Abdul Kalam suggests that
the nation can use its core competence in IT, natural resources and human
resources to become a knowledge superpower by 2020. And his confidence is echoed
today by young and old. Sipping coffee at the house of a seventy year old in
Adyar, Chennai a couple of weeks ago, I was amazed to hear his conviction that
after a hundred and fifty years of subjugation by colonial forces and a
misplaced faith in a socialistic model of development, India would show the
world in the next fifty years that it has what it takes to become the modern age
Takshasila to the world, the true fountainhead of knowledge and skills in areas
ranging from Information Technology to all scientific and artistic frontiers. So
whether it is Mr Balasubramanian in Chennai or millions of Gates wannabes all
over small town India, the appetite to succeed has now been whetted by the
success stories across companies and industry sectors and the Indian juggernaut
is truly rolling!
A word of caution would not be out of place, however. Like the amazing second
day collapse of the Indian cricket team in Melbourne after a stunning Adelaide
victory and a wonderful first day’s batting, it doesn’t take much to derail
this optimism. Even as an improving geopolitical climate, a great monsoon and
the revival of global spending has brought about this optimism, there are
factors within our own companies that can weaken our capabilities. The all too
obvious ones like attrition and infrastructure apart, many companies may fall by
the wayside by being too opportunistic and trying to grab every business that
exists rather than focus on building core capabilities in chosen areas. The
Wiersema Tracy model of making a choice between Customer Intimacy, Operational
Excellence and Product Innovation is a good starting point for charting out an
organisation strategy with the Software exports industry itself presenting
several case studies to underline this theory.
And finally, what made the evening sparkle at the DQ Awards ceremony was a
simple statement made by last year’s DQ Man of the Year, Sunil Bharti Mittal
in his speech. Commenting on compere Rini Khanna’s admonition to keep cell
phones off during the function, he promised to keep his speech short to ensure
that the cell phones could start ringing all over again, adding revenues to the
industry and of course to Airtel. Talk about single minded focus on corporate
success—there couldn’t be a better example!
Ganesh Natarajan
The author is deputy chairman & managing director of Zensar Technologies
and chairman of Nasscom’s SME Forum for Western India