How Encouraging is India for an Entreprenuer???????

Monday, April 11, 2011

Entreprenuer is the word you guys might have heard many times and i love this word specially in software industry. I have got various reasons to love this word but i was always thinking how encouraging is that for turning an enterprenuer in Indian software industry. Does really worth giving a shot to it??????

Well i believe USA or any developed nations have given enough courage and support for the citizens there to turn as an entreprenuer. I see there is lots of innovative projects or products or ideas being implemented in those nations. Starting from the ERA of Microsoft to era of Google at present or Era of Big computer machines to super Handy Ipads..

I believe there should be enough support from Government and also it should try to invest some money in such projects and insure these project so that they can recover the money which is spent on project in case of a failure. And if a person has invested a couple of years in entreprenuership and failed achieving his or her target and then wanted to opt for a normal software job.. these companies should be encouraging enough to hire them rather saying you are a looser. Yeah this is the biggest problem with Indian IT industry. The first and important thing we are lacking is Innovation and second most thing is Trust. One should have trust on the talent of Other person.

We always talk India is a devloping nation specially in software sector but think how many Big names from entreprenuer division are there from India. A guy is a college passed out is always thinking of a job because they know if they couldnt get a job immediately after they passedout it is highly impossible for them to get a job in future. ANd some may be extremely talented who can do miracles if they were given a change but the pitty thing is most of the managers in the Indian IT industry are normal employees how always think to impress clients or their Bosses but they never think out of BOX and this is because their companies never think of out of BOX.

Why not a big company can invest money and time in innovating OS like Android why cant a company like infy try to develop strong social media network like Facebook this is because they business model is different but this indifference is making India lagging in many things.

Its not only the fault of IT industry but also on Government sector... for example if one wanted to open up a small propreitorship company it takes 2 months with lots of strain beggin these govt officials to do their Job and for this one needs to bribe them.

The whole system has to change govt, private sectors has to change their views on Innovation. If one person turns to an interview saying he was an entreprenuer, then the company should appreciate his/her potential rather than rejecting them and this brings lots of enthu for the students to invest their time in innovative projects and even they fail to achive there will be always a belief that they will land up in some company to continue their career...


Igate annouces termination of certain staff from Patni

Monday, April 4, 2011

Patni employees have a bad news to hear this morning and this comes from the Company which is acquiring patni. IGate recently annouced in a filling to SEC (Securities and Exchange Commission of the United States), iGate has pegged the “onetime costs amounting to $14 million ($9.3 million net of tax) relating to the termination of the services of certain employees” post acquisition.

Well i feel this should be an alarming news for the employees of patni and i believe they should take no chance in getting terminated one sad day. This is again a bad move from another company after acquisition in an employee perspective not on management. And also one thing they confirmed is about retention of higher level employees (management).

I always believe there should be a prior notice to employees who may get terminated in future. Or they can still keep the employee with them paying low salary, till he gets an another job with in a limited period of time. Lets see how patni gonna deal with this.



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