6 �THE ECONOMIC TIMES | BANGALORE | TUESDAY | 9 APRIL 2013Corporate

SONALI KRISHNA & AMIT BAPNA

MUMBAI

The dust had barely settled after the 8th edi-tion of Goafest, when a new controversy hitthe advertising festival. Leo Burnett haswithdrawn two radio spots for its client TataSalt Lite, which had been awarded two Goldand two Silver Abbys this year in the Radioand Radio Craft categories.

Insiders at Tata Chemicals informed ETthat after a detailed inquiry, headed by TataChemicals MD and CEO R Mukundan, thecompany asked its agency to withdraw theentries. For an ad to be eligible for entry, itmust be released and paid for by a client. Inthis case, Tata Salt Lite had not paid for the ra-dio spots, and a source at the company said itwas uncomfortable accepting the award. Amember of Tata Salt’s marketing depart-ment had, however, signed a letter validatingthe entry.

Tata Chemicals in a statement said: “The en-tire award submission process is one initi-ated and entirely managed by the agency; our

role as a client was limited to approval of thecreative. As a client, we were not aware of allthe other technical requirements and subse-quent process of submission criteria etc. Assoon as the inconsistencies were brought toour attention, and upon further inquiry, weconclude that it would be appropriate for theagency to return the award to the organis-ers.” A statement from Arvind Sharma,chairman & CEO India Subcontinent, LeoBurnett India, said, “We do not want any un-warranted insinuations about one of ourprestigious clients and brands to continue.We request AGC to treat these two spots aswithdrawn from our side.”

Shashi Sinha, chairperson, Awards Gov-erning Council, said, “Two Tata Salt radio en-tries have been withdrawn by Leo Burnett.This is very unfortunate.” However, he con-firmed that before announcing all winners averification process was followed and thisprocess included verification of client con-firmation letters. Leo Burnett’s total metalcount is now 67 – with seven Gold, 32 silver,and 28 bronze awards.

Leo Pulls Out Abby-winningTata Salt Lite Radio Spots

OUR BUREAU

BANGALORE

Technology services companyiGate said, on Monday, that it hasabided by all applicable laws and

regulations, amid reports that Canadawill investigate whether the country’slargest bank Royal Bank of Canada vi-olated immigration laws by replacinglocal workers with contract staff fromiGate.

The Fremont, California-basediGate, which has most of its 30,000 em-ployees based in Bangalore, said in astatement that it provides appropriateinformation to the relevant immigra-tion authorities while deploying itsemployees in other countries.

“We do not comment on specific cli-ent engagements but can outline ourstringent compliance norms – not spe-cific to any one engagement. For anyengagement requiring foreign work-ers, in any country, iGate provides ap-propriate information to relevant im-migration authorities as may be

required for the issuance of tempora-ry work authorisations, and hiring isonly done after all work authorisa-tions are properly issued under exist-ing law and policy,” iGate said in anemailed statement.

After breaking into the billion dollarclub — helped by the 2011 Patni acqui-sition — iGate led by former Infosysexecutive Phaneesh Murthy has beenpursuing an aggressive strategy tochange outsourcing industry’s tradi-tional model of charging for time andeffort.

Instead, Murthy wants to charge foroutcomes delivered, thus sharinggreater risk with clients.

Last week, the Canadian Broadcast-ing Corporation reported that RBC –iGate’s second-largest client contrib-uting a little over 10% of its $1.1 billionsales — was planning to fire close to 50employees in its investor services de-partment and replace them with Indi-an employees, who were on contractwith iGate.

It is typical for Indian IT services

companies to send their staff to clientlocations on contract, while it puts inplace processes to transition work tobe done from India or other lower costlocations.

Bloomberg reported Canada’s hu-man resources minister Diane Finleyas saying that the situation was unac-ceptable and that government will in-vestigate the matter.

Canadian authorities will also lookinto the country’s temporary foreignworker program that allows compa-nies to hire foreign workers whenqualified citizens or permanent resi-dents of the country are not available.

In an emailed statement sent lastnight, however, RBC said contrary tomedia reports it has not replaced anyCanadian employees with foreignworkers.

“RBC agreements with suppliers, in-cluding in this case iGATE, requiresthem to ensure that they are abidingby the applicable laws and regula-tions,” Canada’s largest bank said inan email statement sent to ET.

iGate Caught in Canadian Visa DisputeGate Crash

� Canada may probe if Royal Bank

of Canada violated immigration

laws by replacing local workers

with staff on contract with iGate

� Country’s Human Resources

Minister termed the situation

“unacceptable”

� RBC said contrary to reports, it

has not replaced Canadian staff

with foreign workers

Firm says it has abided

by all applicable laws

and regulations

Indians are making inroads into inconceivable territoriesthat most people don’t even dream of. Indian executivestoo have proven their mettle in more ways than one. So

much so that today, Indians have become the most popularchoice for global positions, according to reports.

Indian CEOs are scaling corporate heights by making adistinctive statement in the global companies. Headhunterssay with India emerging as a talent pool to fill the shortagethe world over, a lot of MNCs are looking for Indianexecutives to beef up their top management teams. So,what has triggered the rise of the Indian CEO in globalcorporations? What are the qualities and skills that set themapart? Atul Bali, partner, Tecnova India Ltd says that Indian

officials successfully making their way to the top at MNCs isnot an unknown phenomenon to the Indian businesscommunity anymore. “Various examples have beenwitnessed in the past, wherein leaders from India have beengiven larger global roles,” he states, adding, “India is a highly

complex and competitive market. It also is a demandingmarket for innovation at multiple levels and a low cost one.It is multi-cultural and demands empathetic handling ofworkplace-related issues. These experiences along with theirfamiliarity with the culture have made them a natural choicefor leadership roles.”

Sunder Madakshira, vice president, marketing andcommunications, SAP Labs India expresses, “Indians areincreasingly taking on the top positions in global companiesand there are many examples. Strong education and theinnate ability to adapt to diverse situations help Indians todo well in global roles. That said, in today’s competitiveworld, it is the skills and competence of the executive thatmatter and not their race or origin.”

President Obama had recently commented: “Americansneed to raise their standards of education as they have tocompete with the students of India.” According to SusirKumar, executive chairman, Serco Global Services, the pie ofIndians leading global conglomerates has certainly grown inthe past few years. “With India becoming a vital market forglobal companies, Indians are getting a high exposure tomanage cross-cultural geographies, thus leading toincreasing representation in the boardrooms,” he explains.

In the changed global scenario, where there is so much ofuncertainty, the ability of Indians to work in ambiguity

comes in very handy, points out Ronesh Puri, managingdirector, Executive Access (India) Pvt Ltd. “India continues tobe one of the fastest growing economies with a largemiddle-class segment, added to which is the fact that we area young nation; therefore, understanding of the mindset canalso be an advantage. Also, Indian talent is second to noneand most of the Indians who have reached the upperechelons of power have done phenomenally well. In thecoming years, the numbers will only multiply,” he shares.

Indian leaders are undoubtedly making a mark in theglobal world, in spite of the fact that there are still manylessons to be learnt as they go forward. Bali asserts that thetrend will certainly grow. He adds, “India is a huge andcomplex country and to succeed in India is no mean feat forany business person. Most Indian managers, having learnt todeal with uncertainties and challenges in the Indianbusiness context, are frontrunners in the race for globalheads.”

And as the trend grows, India may soon turn out to be thehunting ground for top global roles.

For editorial queries/feedback, get in touch:

Viren Naidu(viren.naidu@

timesgroup.com)

HIGH FLIERFOR CAREERS IN THE FAST LANE

Advertorial and promotional featureA consumer connect initiative

LEADERSHIP,AN ADDICTION?Addiction to power is what keepsleaders committed to staying inpower, says Walter Vieira

The globalIndian

Today, Indian executives are not only in demand for local positions, butalso global ones, discovers Yasmin Taj

Atul Bali, partner, Tecnova India Ltd lists qualities thatmake Indians the most sought-after for global roles:

High standards of education: Meticulous academic syl-labus, high internal competition, dominant English education(86 million English speaking students);

Bright Indian children who do not get into IIT effortlesslysecure admission into an Ivy League college! In the US, this hasrepositioned IIT as a genius factory;

Fire in the belly: Weak financial backgrounds lead to ex-treme struggles that result in a high level of hard work andstrong desire and motivation to excel -- unparalleled to any de-veloped nation;

Multi-culturalism: India is the largest democracy with 28states and seven union territories of India and 438 languages;hence, we grow up to understand different people and em-brace diversity like no other.

IMAG

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There is a story of thefarmer who was plough-ing his field in ancient

Rome when he heard theclarion call to defend the city,which was being attacked. Hebecame the leader of the re-sistance. The attack was suc-cessfully repulsed and thefarmer went back to what hewas doing. In today’s world ,this would seem very improb-able. One would have expect-ed the farmer to crown him-self king of Rome.

It has been said that ‘powercorrupts and absolute powercorrupts absolutely’. Havingtasted the fruits of power, veryfew have the inner strength togive it up. The former chair-man of one of India’s largestmultinationals, who retired af-ter two decades at the topconfessed that what hemissed the most was notmoney - but the status. Thisaddiction to power is whatkeeps corporate leadersglued to their chairs.

Can there be remedies tosuch addiction to leadership?The President of the USA is al-lowed only two terms each offour years. There are compa-

nies wherein the chairman isallowed only one term of fiveyears. The software industryneeds new leaders for everynew project. If it is a project fora bank, the one who has themost experience in this areawill become the team leaderfor this project and this couldbe for three to five years. Thenext project could be in theinsurance sector and some-one with this experience willtake over and the earlierleader will now be a part ofthe team and report to some-one who used to earlier re-port to him. There could nothave been a better frame-work to ensure justice in theannual appraisals.

Prakash Tandon, a doyen ofIndian management, alwaysquit the chairmanship earlierthan the stipulated time.When asked about the rea-son, he replied, “It is better toask why, than to askwhen!”The author is a senior management consultant and author of eleven books in-cluding ‘The WinningManager’; ‘Manager to CEO’and ‘World Passport for theGlobal Manager’

About Us:

Coal India Limited (CIL) - a Schedule A A - MAHARATNA Public

Sector Undertaking under Ministry of Coal , Government of India, isthe single largest coal producing company in the world and thelargest corporate employer with approximately 38 lakh employees,contributing around 81% of the total coal production in India. Weproduce non-coking coal and coking coal of various grades fordiverse app lications . It operates 471 mines in 21 major coalfieldsacross eight states in India (West Bengal, Jharkhand, Orissa,Madhya Pradesh, Maharashtra . Chhattisgarh, Uttar Pradesh &Assam) . The Company is also undertaking mining operations abroadand joint ventures. The turnover f or April to December 2012 was�48,398 crores.

About 11CM:

Indian Institute of Coal Management is an autonomous institutionregistered under Societies Act was established in 1994. It has beensponsored and funded by Coal India Limited and supervised by Boardof Governors. 11CM functions as a center of excellence and impartsspecialized trainings for the executives of the Coal India and itssubsidiary companies on a regular basis. It is supported by a team ofdedicated professionals who constantly strive to nurture the humancapital to meet the future requirements of the organization.

EXECUTIVE DIRECTOR - 11CM. Ranchi (Jharkhand State)

Grade E9, Pay Scale �‘ 65,000— 3% -to 75,000. The annual annual gross

salary approximately 29 lakhs (inclusive of performance relatedpay based on actual performance) .

This is a contractual position for 3 years appointment initially andextendable to 5 years.

As head of 11CM, the incumbent will be expected to bring aboutdesired change management in Coal India and its subsidiarycompanies through customized lneed based trainings for officersacross all levels .

He will have overall responsibility for the administration andmanagement of the Institute. His responsibilities include assessmentof training needs, preparation of HRD plans, designing trainingmodules, conducting training programs, maintaining close liaisonwith Coal India Ltd. and its subsidiary companies and outsideagencies in all HRD activities .

He should have passion for HRD work, possess good communicationskills and proficient in administration of academ icImanagementdevelopment institute.

Oualification & Experience

1. PhD or equivalent in Management IHRlFinanceiBehavioral Science2. Post-qualification experience of 21 years, out of which half of theoverall experience should he in academic area of a premiermanagement institute or Corporate HRD centers. Minimum 2 yearsas Head lDirector of premier institute or corporate HRD center ispref erred.

CPSU Executives in the pay scale of! 51,300 to ! 73,000 orAcademic Professors pay band with two years ’ experience inrespective pay scales as on 1 April 2013.

Desirable

Published papers in reputed journals of nationalJinternationalsignificance.

Experiencej proficiency in HRD and special knowledge of latesttraining methods.

Age

Upper age limit of 55 years as on 1 April 2013

This post is unreserved and in exceptional cases age relaxation maybe cons idered.

Those interested and meeting the eligibility criteria are advised toapply with full Bio-data(indicating details of publications , hi ghli ghting separately work experience in organizations, teaching,training and research segment etc.)

They should attach a recent passport size photograph along withtheir bio-data . The candidates employed in PSU are advised to sendtheir applications through proper channel, whereas other candidatescan send it directly to the address mentioned in the advertisement.

The completed applications with required enclosures should he sentthrough speed post lcourier to : General Manager- Perslflectt, Coal

India Ltd, 10 N.S. Road, Kolkata -700001 within 20 days from theadvertisement. You may also visit the websiteof 11CM , www.iicm.ac.in for moredetails

of

www.coalindia.in website.The candidates shortlisted �

,

for the interviews will be 0

communicated through et it’

emaillphone.

A A MAHARATNA COMPANY

KIRLOSKAR INSTITUTE OF ADVANCED

MANAGEMENT STUDIES Enriching Lives

(Approved by AICTE)

KIAMS Invites Applications forboth locations : Harihar and Pune.I) For the Post of Asst. Professor in the areas of

Marketing, Accounting, Finance, HR ,Operations and Economics.

II) Executives: Admissions and Placements .

Salary will be competitive.

Apply in t he Insti tu te format which can be

downloaded from WWW.k lams .aC.lfl.

Last date for applications 15 April 2013.Interview process 23-25 April 2013, in Pune.

The Director , KIAMS

PUNE : Gut No. 356 & 351, Near Tata Foundry, Village DhamaniTaluka Maval Pune -410506 , Ph: 0211-4287 180 , 4287190

HARIHAR : P.O. Yantrapur , Har ihar -577 602 (Karnataka)Ph: 08192-241269/241486 Email: recruitment @kiams.ac.i

Union Bank of India , a Leading Pan-India Listed Public Sector Baniwith Head Office in Mumbai, invites applications from eIi�ibI

candidates to fill in 349 vacancies in the Specialist Officers cadrEINCLUDES THE BACKLOG RESERVED VACANCIES FOR SCIS1

OBC AND FOR PERSONS WITH DISABILITIES

OPENING DATE for for making ON-LINE applications :03.04.2013and payment of fees

LAST DATE for payment of fees and : 23.04.2013ON-LINE submission of application fo rm

For details regarding Eligibility criteria, Age, Educational Qualilicationetc and Online Application format Interested candidates may refto the full Advertisement hosted on our bank’s Websitwww.unionbankofindia .co .in

Mumbal SD//

22.03.2013 GENERAL MANAGER (HR

�iI1 (�) Union Bankof India

(A 0000fflflOfl Of Ifldi UUndo,�kfflg)er 3�t�T)

Central Office , Union Bank k Bhavan , 239, Vidhan BhaVan Marg, M umbai - 400 021 .