Happy New Year is a cliche but for 2011 it does seem that all the signals are good - the rampaging growth of the Indian economy and the revival of global markets seem to point to high teens or even twenty percent plus growth for the IT sector in 2001-12.
So what could go wrong to spoil the party ? We could miss key trends like cloud computing and be inadequately prepared for the structuarl changes that are expected to happen. We could unwittingly let competitors like China Philippines and Eastern Europe who are nipping at our heels take away some of the shine from our outsourcing leadership. Or we could just be stymied by the unrealistic expectations of our young associates who could drive salaries up the wall and make the industry uncompetitive ?
Do I think any of this can be a real dampener on industry fortuns ? Not really - many of us running companies have been through multiple cycles before and know what to do to steeer the corporate ships thru stormy waters. And some of the new initiatives that we have undertake at CII and NASSCOM -the Inclusive India agenda and the Aman ki Asha collaboration with Pakistani firms are just two of those - will strengthen our value proposition and expand the width and increase the depth of the industry in 2011
Its going to be an exciting journey in 2011 - enjoy the ride !
Ganesh
So what could go wrong to spoil the party ? We could miss key trends like cloud computing and be inadequately prepared for the structuarl changes that are expected to happen. We could unwittingly let competitors like China Philippines and Eastern Europe who are nipping at our heels take away some of the shine from our outsourcing leadership. Or we could just be stymied by the unrealistic expectations of our young associates who could drive salaries up the wall and make the industry uncompetitive ?
Do I think any of this can be a real dampener on industry fortuns ? Not really - many of us running companies have been through multiple cycles before and know what to do to steeer the corporate ships thru stormy waters. And some of the new initiatives that we have undertake at CII and NASSCOM -the Inclusive India agenda and the Aman ki Asha collaboration with Pakistani firms are just two of those - will strengthen our value proposition and expand the width and increase the depth of the industry in 2011
Its going to be an exciting journey in 2011 - enjoy the ride !
Ganesh
