Financial Daily from THE HINDU group of publications
July 11, 2011
New bump on IT highway
Adith Charlie
In fact, Europe is set to see shortage of several million university-educated workers in the next 10 years.
Meanwhile, India will become the world's largest source of labour, adding as many as 64 million university-educated workers by 2020.
“So it can be expected that immigration laws in the US and other developed countries will need to be adjusted to reflect these new realities,” says Peter Schumacher, CEO of consultancy firm Value Leadership Group. At the same time, companies operating in India will gain even more strategic significance, as they hold the key to this talent pool, he notes.
Companies that generate a high percentage of their revenues in the US and have high onshore revenue will be more severely hit by the impact of higher visa costs, points out Schumacher.
For the full article see
Outsourcing customers questioning large unused cash piles of Infosys, others
12 May, 2011, 09.55AM IST, Pankaj Mishra & Shruti Sabharwal, ET Bureau
"In the technology industry leading companies -- Apple, Microsoft, Cisco , Google -- have accumulated and hold record cash balances, far higher than historic averages. In contrast to many of these firms, Infosys has been paying shareholders dividends and will be increasing its payout ratio. While a high cash balance reflects strong historic performance and prudence, it says little about the future prospects of a business. Hence, investors and customers should shift their attention to the future," Peter Schumacher, CEO of European strategic consulting firm Value Leadership, says.
For the full article see
This article is in German
http://www.computerwoche.de/a/umbrueche-im-servicemarkt,2369799,4
IT-Services
Offshoring und Cloud Computing
19.04.2011
von Joachim Hackmann
Globalisierung öffnet neue Märkte
 Peter Schumacher, CEO der Value Leadership Group: "Deutsche IT-Dienstleister haben jegliches Risiko - was Offshoring betrifft - gescheut."
Foto: Value Leadership Group
"Obwohl Offshoring in Deutschland vielleicht nur zwei Prozent Marktanteil hat, beeinflusst es durch den Preisdruck doch 25 Prozent des Marktes", schätzt Peter Schumacher, President und CEO des Beratungshauses Value Leadership Group. Oft gelangen sie in den Ausschreibungen der Unternehmen auf die Short List, um den Konkurrenten einzuheizen. "Deutsche IT-Dienstleister haben jegliches Risiko - was Offshoring betrifft - gescheut. Dadurch spielen sie im internationalen Wettbewerb keine bedeutende Rolle mehr", zieht Schumacher eine ernüchternde Bilanz.
For the full article see
AT&T, T-Mobile deal to benefit Indian IT Vendors
22 Mar, 2011, 06.33AM IST, Pankaj Mishra, ET Bureau
"In general, merger integration work typically is good for outsourcing because a large amount of Systems integration work needs to be completed in a short period of time. Hence if this merger has any impact on the offshore firms, it is more likely to be positive," said Peter Schumacher, CEO of European advisory firm Value Leadership.
For the full article see
Financial Daily from THE HINDU group of publications
Monday, January 17, 2011
Logging into the Big League
“While the cultures at both firms may look similar to outsiders, the way things are done at each company may actually be very different. Mergers bring these hidden differences to the surface,” says Peter Schumacher, CEO of advisory firm Value Leadership Group.
For the full article see
Financial Daily from THE HINDU group of publications
Tuesday, January 11, 2011
Checking attrition, a big challenge
Adith Charlie
Mumbai, Jan. 10, 2011: “Both companies must reduce their attrition rates which are far above average and if left at these levels, it would create major problems. It is critical that the top performers are retained, even as the integration happens,” said Mr. Peter Schumacher, Chief Executive Officer of advisory firm Value Leadership Group, told Business Line.
For the full article see
Financial Daily from THE HINDU group of publications
Saturday, Oct 2, 2010
Will Mahindra Satyam, Tech Mahindra merger trigger more job cuts?
Mr. Peter Schumacher, Chief Executive Officer of management consultancy firm, Value Leadership Group, agrees. “Mergers between companies always present opportunities to design and implement operational and organisational improvements. In the case of these companies, there is little overlap in terms of clients or geographies. Therefore, any merger-related job cuts will focus on support functions such as accounting, finance, HR and internal IT.
On the merger itself, Mr. Schumacher feels that the leadership of the two companies should be personally engaged in driving forward the integration in ways that are visible for employees and external stakeholders to see.
“The objective is to find approaches that connect the passions of individual employees with the big picture; facilitate mutual learning and alignment; build trust, organisational confidence and ambition - all of which are key ingredients for successful implementation,” he added.
The full article is available online here
Mahindra pegs Satyam loss at Rs 8k-cr under Raju
30 Sep, 2010, 06.20AM IST, ET Bureau
Peter Schumacher, founder and president of European consulting firm Value Leadership, said Satyam has been able to fend off rivals in poaching its customers to some extent.
“Competitors have benefited from Satyam's problems, but the shift has probably been less than what many had expected. Customers are most concerned with delivery reliability and quality. In IT services, client relationships are very sticky. Satyam did a good job at maintaining operational performance that helped keep client exodus at bay,” said Mr. Schumacher.
The full article is available online here
Financial Daily from THE HINDU group of publications
Thursday, Aug 26, 2010
Is Wipro not getting enough local talent for European Operations?
“European talent does not yet see the Indian firms as attractive employers where they can develop their careers. Additionally, many leave in frustration after just a short time because they hit invisible barriers and feel that their contributions and creativity are ignored and stifled,” said Mr. Peter Schumacher, who closely tracks the European IT landscape as the CEO of management consulting firm Value Leadership Group.
“Foreign companies in general and Indian IT firms, in particular, are seen as a riskier place to work when compared to local firms. So there is a mix of related obstacles, many of which are tacit, that Indian companies need to understand better and address,” Mr. Schumacher said.
The full article is available online here
Financial Daily from THE HINDU group of publications
Monday, Jul 19, 2010
One comes with the other
Tech companies are mulling linking pay with performance, to boost productivity and cut attrition. But not everyone thinks this will work.. |
Adith Charlie
Try your hand at cracking the Indian IT conundrum!
On the one hand, there is a strong pick-up in demand for software services, predominantly from the US.
In order to benefit, the HR teams of IT companies are back to their hyperactive best after a lull of two years. While existing employees are being retained through offers of wage hikes, new ones too are being drawn in large numbers, thereby increasing overall cost overheads.
Peter Schumacher comments on attrition and HR strategies at Indian firms.
> more details
Previous | Next
|
