IT Companies Global Culture

Indian IT Companies Global Culture : 

Indian IT Companies Global Culture

Index : 

Index Introduction Culture Political Culture Economic Culture Social Culture Technology culture Pros and Cons Conclusion

Introduction : 

Introduction The first software export zone SEEPZ was set up here way back in 1973, the old avatar of the modern day IT park. Now Bangalore is IT hub of India. TCS(1967), Patni (Feb 1978), Wipro(1980) Growth started after the Globalization 1991 Contributing for Indian Economy (5.19%, 2009) Biggest job creators. More than 2.3 million people employed, directly or indirectly.

Culture : 

Culture Culture is a set of shared attitudes, values, goals and practices that characterizes an institution, organization or group. What do you mean by Global Culture? We have broadly classified Global culture in following way: Political Culture Economic Culture Technological Culture Social Culture

Political Culture : 

Political Culture Hierarchical vs. Empowered Everyone’s opinion is respected 360 degree feedback Leadership development Organization values Organizations Public Image

Economical Culture : 

Economical Culture Mergers and Acquisitions and its affect on Org culture Debts to Equity ratio Economic Indicators ex. Purchasing power parity Financial Value Risk Avoiders vs. Risk Takers Sales Driven vs. Profit Driven Contributes to Indian Economy

Technological Culture : 

Technological Culture Technological innovation Automate processes using technology Using technology for Communication Cautious or Innovative

Social Culture : 

Social Culture Change in Social Culture. Why? Working with Clients. Needs to match up with the Clients culture English as a standard language used by all the Organizations in the world for communication Maintain the Organization culture to match the global standards(ISO, PCMM)

Social Culture : 

Social Culture HR Practices(recruitment process, control employee attrition, HR Policies) Theory X and Theory Y Work environment Work life balance

Social Culture : 

Social Culture Match with Global Standards(PCMM, ISO) Managing Virtual Team Flexibility in working(work from home) Employee Satisfaction Corporate Social Responsibility(CSR)

Advantages : 

Advantages

Cons : 

Cons Very less Intellectual Property Rights are present with Indian IT Companies Dependency on foreign markets. Indian IT Companies are opening development centers in China. Is the next IT outsourcing destination China? Loosing the culture! Credit culture!

Conclusion : 

Conclusion The IT industry has played a significant role in transforming India’s image from a slow moving bureaucratic economy to a land of innovative entrepreneurs and global player in providing world class technology solutions and business services. Yet it has few cons in terms of hampering the culture of India

Thank You : 

Thank You