Authors: Vineet Nayar
ISBN-13: 9781422139066, ISBN-10: 1422139069
Format: Hardcover
Publisher: Harvard Business Press
Date Published: June 2010
Edition: (Non-applicable)
Vineet Nayar is the CEO of HCL Technologies Ltd., India’s leading global IT Services Company. Fortune called his leadership style The World’s Most Modern Management,” and the London Business School labeled him the leader of organizational innovation.” IDC recognized him as having the most cohesive and articulate vision” in the IT services sector.
One small idea can ignite a revolution just as a single matchstick can start a fire.
One such ideaputting employees first and customers secondsparked a revolution at HCL Technologies, the IT services giant.
In this candid and personal account, Vineet NayarHCLT’s celebrated CEOrecounts how he defied the conventional wisdom that companies must put customers first, then turned the hierarchical pyramid upside down by making management accountable to the employees, and not the other way around.
By doing so, Nayar fired the imagination of both employees and customers and set HCLT on a journey of transformation that has made it one of the fastest-growing and profitable global IT services companies and, according to BusinessWeek, one of the twenty most influential companies in the world.
Chapter by chapter, Nayar recounts the exciting journey of how he and his team implemented the employee first philosophy by:
Creating a sense of urgency by enabling the employees to see the truth of the company’s current state as well as feel the romance” of its possible future state
Creating a culture of trust by pushing the envelope of transparency in communication and information sharing
Inverting the organizational hierarchy by making the management and the enabling functions accountable to the employee in the value zone
Unlocking the potential of the employees by fostering an entrepreneurial mind-set, decentralizing decision making, and transferring the ownership of change” to the employee in the value zone
Refreshingly honest and practical, this book offers valuable insights for managers seeking to realize their aspirations to grow faster and become self-propelled engines of change.
Foreword
Introduction 1
1 Mirror Mirror: Creating the Need for Change 17
2 Trust Through Transparency: Creating a Culture of Change 47
3 Inverting the Organizational Pyramid: Building a Structure for Change 89
4 Recasting the Role of the CEO: Transferring the Responsibility for Change 137
5 Find Understanding in Misunderstanding: Renewing the Cycle of Change 167
Notes 187
Acknowledgments 189
Index 193
About the Author 199