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HCL TechnologiesOtpr group projectGroup E2

Abhishek Roy (13104)Ashwin Shetty (13115)Debjani Mohapatra (13118)Karthek Iyer (13128)Sujit Mathew (13155)11IntroductionFounded in 1976, HCL is one of India's original IT garage start-upsShiv Nadar, founder of HCLDeveloped the first indigenous micro-computer in 1978 This micro-computer virtually gave birth to the Indian computer industrymarquee partners such as Hewlett Packard, Cisco, Perot Systems, Deutsche Bank and NEC CorporationHCL is a $6.2 billion leading global technology and IT enterprise comprising two companies listed in India - HCL Technologies and HCL Infosystems.Organic structure2Vision and MissionVision"To be the technology partner of choice for forward looking customers by collaboratively transforming technology into business advantage."Mission"We will be the employer of choice and the partner of choice by focusing on our stated values ofEmployees First, Trust, Transparency, Flexibility and Value Centricity."

3STRENGTHSWide Range of Products and ServicesGlobal Coverage in countries like U.S, Europe, Japan with strong employeebase.Sequential increase in the volume and revenue growth.Clients cite project management, flexibility, focus on delivery and high percentage of senior consultants on project team

WEAKNESSLost projects in continuation like BFSI.Lack of innovation and distribution network especially in case of laptops.HCL Axon is creating some confusion in the market on the positioning of this formerly high-end consulting outfit.OPPORTUNITIES

Major acquisitions enable them to create opportunity to widen their spectrumHCLs acquisition of Axon enables it to offer SAP servicesVariety of innovative partnership modelsKey opportunities in the countries of Eastern Europe and Asia-Pacific RegionStrong presence in the defense space and potential to benefit from offset provisions.THREATS

Ban of outsourcing from India due to new regulations from U.S.Small players and manufacturers are trying to enter into the segment.Limited success in development of platform BPO.loss in foreign exchange and a slowdown in new projectsSWOT Analysis45

Organisational ChartCultureOpen and Entrepreneurial environmentA dynamic, vibrant and flexible work environment DiversityXtraMiles Recognition to outstanding employeesMitr - personal advisors who help employeesEmployee first councils6Culture (cont)Aspiring Woman EPATGreat Employer EPATiCare EPATWellness EPATEmployees First, Customers Second

7Alliances

8TechnologiesEnterprise mobilityCloud ComputingMainframe ManagementGreen Data Centre Services

9Elements of External environment Industry Market Human Resources International SocioculturalGovernment

Task Environment

General Environment10PESTLE analysis for HCL TechPolitical - Stable for IT industry Economic- Rising work pay, recession, currency fluctuations, etc.Social- Employee rights, race, nationality, language barriersTechnology- New technologies (e.g. SAP)Legal- IT ACT, SEZ, Income Tax, etc.Environment - Energy utilization, water consumption11Framework for environmental uncertaintyHCL : Complex + Unstable => High Uncertainty

Differentiation and Integration High for HCL - due to complex and rapidly changing environment

Influencing Key SectorsExpanding domain, Get Political, Unite with others

12Strategy'In business, if you gloat over somebody else's poor show, you would become obsolete too. It is very important to compete with yourself. -Vineet Nayar (CEO)

13Strategic GrowthCredited with a brilliant corporate strategy formulated by its top management to penetrate the global marketsHighest level of customer satisfaction Brilliant acquisition strategyaggressive on the ground execution strategyAcquired Axon SAP Consulting14Strategic growth (cont)Employees first customers second Unconventional StrategyOne of the twenty most influential companies in the world.(Business Week)

In the words of Mr Vineet Nayar,'Your downfall begins the day you start believing that you are invincible and that you are the god's greatest gift to mankind. At HCL, we do not allow that feeling to enter. We have done relatively better but we are more concerned about our future'.

15Referenceshttp://www.hcltech.com http://mastermentorsadvisory.blogspot.in/2012/07/brilliant-strategy-excellent-execution.html

1617QUESTIONS ???