Friday, January 23, 2009

S for Satyam and Satyam satnds for......

Blasphemy! or perhaps hoodwink. There are fair amount of chances that it stand for "misdemeanor". The readers must have realized by now that I am more or less going to criticize the company and its man but that's something not exactly going to happen this time. My last post on Satyam identified the flaws and the bad news a week earlier. The question stands that how I did it , well it was not so difficult after the acquisition of MAYTAS and people leaving the rocking SATYAM ship soon had indicated what is Mr Raju hiding up his sleeves . The post also highlighted the so called vindicated CEO Mr Raju as a good corporate governor. This comment might not stand by everybody's thoughts  but it did in my case. You cannot possibly say that a person was not a good governor  after all he hid the facts for 10 long years. The way he did it was with all the people who were with him back then  , all those who have left the rocking ship.

He has definitely set up an excellent case study for management people but also in my mind he has become a hero by the way he took PWC and DSPML along with great names such as Mr Vinod Dham . That was his capability of carrying a bunch of 40k people . Not just  that he was buying land for his sons but also paying false salaries and dealing with 'benaami' companies.

He surely is a great thinker and I well doubt the capabilities of Indian Judicial system that it can  dispense him with what he has done .