Leaders - Commanding Heights

Site Promotion Info

2008-07-13T03:08:00.000-07:00

You should start your website promotion efforts by listing your site at the most popular Internet directories. Because they can send you substantial amounts of traffic and affect your ranking in various search engines, it is wise to make sure that your site is present in all of the major directories before doing anything else.

Submitting to a Web Directory Blog is easy and doesn't require much effort. It's ensuring that your submission will be accepted that makes this task a hard one.

Another method for promoting your site is Search Engine Submission. submit your websites in the all major search engines that will boost your rankings.

Steve Jobs

2008-05-20T02:12:00.001-07:00

Steve Jobs (born Steven Paul Jobs on February 24, 1955) is the Co-founder, Chairman and CEO of Apple Inc. In 1986, he acquired the computer graphics division of LucasFilms Ltd which was spun off as Pixar Animation Studios. He remained its CEO and majority shareholder until its acquisition by the Walt Disney Company in 2006. Jobs is currently the Walt Disney Company's largest individual shareholder and a member of its Board of Directors. He is considered a leading figure in both the computer and entertainment industries. Steve Jobs was listed as Fortune Magazine's Most Powerful Businessman of 2007, beating out 25 other business leaders.

Jobs' history in business has contributed greatly to the myths of the quirky, individualistic Silicon Valley entrepreneur, emphasizing the importance of design while understanding the crucial role aesthetics play in public appeal. His work driving forward the development of products that are both functional and elegant has earned him a devoted following.

Jobs, with Apple co-founder Steve Wozniak, helped popularize the personal computer in the late '70s. In the early '80s, still at Apple, Jobs was among the first to see the commercial potential of the mouse-driven GUI. After losing a power struggle with the board of directors in 1985, Jobs resigned from Apple and founded NeXT, a computer platform development company specializing in the higher education and business markets. NeXT's subsequent 1997 buyout by Apple Inc brought Jobs back to the company he co-founded, and he has served as its CEO ever since.

Bonus

2008-05-08T16:25:00.000-07:00

A usual arena of disarray for on-line poker players receiving rakeback is with regard to bonus. They are confused as to what effect bonus has on their rakeback amount which they will earn. Different poker rooms have dissimilar policies. Most of them include bonus as a part of the calculated revenue created by the player. There is a lower rakeback defrayal due to a bonus that the poker room affords the poker player. This payment is more than just the bonus or the rakeback taken in isolation. A winner will always want to make use of his rakeback and bonuses to enhance their win rate.

Direct from Dell

2008-01-28T07:12:00.000-08:00

At nineteen, Michael Dell started his company as a freshman at the University of Texas with $1,000 and has since built an industry powerhouse. As Dell journeys through his childhood adventures, ups and downs, and mistakes made along the way, he reflects on invaluable lessons learned.

Michael Dell's revolutionary insight has allowed him to persevere against all odds, and Direct from Dell contains valuable information for any business leader. His strategies will show you effective ways to grow your business and will help you save time on costly mistakes by following his direct model for success.

Direct from Dell is organized into two parts. The first recounts the history and the enormous growth of Dell Computer. The second part focuses on Dell's management approach, from developing customer focus to creating alliances with suppliers. The book manages to avoid most of the promotional and self-congratulatory air that seem to plague so many first-person CEO tomes. Anyone who has followed the PC industry or would like insight into Dell Computer's success should enjoy reading this book. Well written and easy to read. Recommended. --Harry C. Edwards

Buy this book from amazon store

Communications Technology Inc

2007-09-11T16:31:00.001-07:00

ComTec is one of the oldest and largest providers of Audience Response Systems and Services in the USA. Founded in 1986, we began developing our own audience response software products for use within the management consulting marketplace.

Today, our software products Unity XP, Synthesis XP, and Elect XP are designed exclusively for Fleetwood Reply systems, a combination that is well known throughout the industry for quality, reliability, and ease of use.

We offer complete audience response systems for sale or rent directly to you, and through a network of highly qualified Partners around the world. We invite you to download trial versions of our software and to contact us with questions or quote requests.

JSTL and Expression Language

2007-06-28T16:07:00.000-07:00

JavaServer Pages Standard Tag Library (JSTL) is a custom tags collection that executes common functionalities in web applications, including iteration and selection, data formatting, XML manipulation and database access. JSTL allows JSP developers to focus on development specific necessities, instead of reinventing the wheel.

JSTL is composed of:

An expression language.
Standard actions libraries.
Validators (2 validators).

What is Expression Language (EL)?

Expression Language is a simple language based on ECMAScript (also known as JavaScript) and XPath. It provides expressions and identifiers and type conversion.

Expression Language makes easier the access to implicit objects, such as request / response servlet, scope variables and stored objects on JSP scope (page, request, session and application). EL reduces drastically the need of using JSP expressions and scriptlets, increasing web applications maintainability and extensibility.

Expressions

EL expressions are invoked with this syntax: ${expression}. Expressions consist of:

Identifiers.
Operators.

Sergey Brin - Google Founder

2007-05-27T06:22:00.001-07:00

Sergey was born in Moscow, Russia, to a Jewish family, the son of a mathematician and economist. In 1979, when Sergey was six, his family emigrated to the United States. Brin attended grade school at Paint Branch Montessori School in Adelphi, Maryland, but he received further education at home; his father Michael Brin, a professor in the department of mathematics at the University of Maryland, nurtured his interest in mathematics and his family helped him retain his Russian language skills. In September 1990, after having attended Eleanor Roosevelt High School, Sergey enrolled in the University of Maryland, College Park to study Computer Science and Mathematics, where he received his Bachelors of Science in May 1993 with high honors. After graduating from Maryland, Sergey received a graduate fellowship from the National Science Foundation, which allowed him to study for his masters degree in Computer Science at Stanford University. Sergey received his masters degree in August 1995 ahead of schedule in the process of his Ph.D. studies. Although he is still enrolled in the Stanford doctoral program, Sergey has suspended his Ph.D. studies indefinitely while he is working at Google. Sergey also received an honorary MBA from the Instituto de Empresa.

Sunil Mittal

2007-03-10T02:54:00.000-08:00

Even in Lutyens' Delhi, there is no more exclusive address than Amrita Shergill Marg. And among the mansions that line this leafy road is one that stands apart from the rest.

Created as a colonial house, it was built from scratch by a virtually unknown architect, Sarabjeet Singh, complete with its high corniced ceilings, a quaint English library (that took two years to build) and large gardens dotted with lush palms.

Unlike many of its neighbours in that prestigious neighbourhood, it hasn't featured in any design journal yet. But it's one house Delhi can't stop talking about.

For 47-year-old Sunil Bharti Mittal, the Ludhiana boy who started out as a bicycle parts dealer and lived in New Delhi's upper middle class Azad Apartments, it has been a long journey to what is ostensibly the city's poshest, largest house.

As the country's undisputed telecom czar, he straddles a Rs 8,000-plus crore (Rs 80 billion-plus) empire which, like his house, he built from scratch.

But already Mittal is charting a new course. Not content with being telecom's tycoon, he is giving shape to a new thrust in non-telecom businesses. A decade from now, he reckons, telecom may no longer be the largest slice in the Bharti pie.

Over the next three months Mittal hopes to float an equity fund with a large corpus (the extent of which is still being decided, though Mittal says money is not a problem), that will be used to fund new businesses in emerging areas, to be run by others.

This last is important because it points to the direction -- and role -- Mittal is carving for himself.

As the group has limited management time and can't get into too many new businesses on its own, it will fund others instead. "We can invest anything up to 74 per cent, or only 26 per cent, function as an incubator for entrepreneurs with new ideas. . . the scope is endless."

This is different from what the group is doing now. For instance, it has a stake in the Bank of Punjab, "but it is a one-off deal and not structured," Mittal says.

For a man who intends to step down as executive chairman of Bharti Televentures -- his telecom empire -- when he turns 50 three years down the line, the push into new initiatives is hardly surprising.

Taking his cue from the Tata structure, the new Bharti structure envisages each business being run independently by a CEO with the board looking only at governance issues that cut across companies: group strategy, finance and HR, for instance.

Mittal sees himself sliding into a non-executive role by the time he's 49, so he has a year to mentor those occupying the new roles.

The new ventures? Mittal is taken with agriculture, and airport infrastructure (he's bid for the privatisation of Delhi airport). And to fund some of it, he's willing to sell part of his family equity in the telecom business, though he doesn't visualise himself as a minority stake holder.

But is that the only reason he is calling it quits? Or does he want to relax after a hectic life in business and join politics? He's not giving anything away yet, saying his life, in fact, has become more hectic.

He hardly gets to play golf, though he ensures that he keeps fit by jogging four times a week in Lodi Gardens, just a stone's throw away from home.

"I have the luxury of stepping down at 50," he says. "Others do it later on, some continue to run. After all, what is Mr Tata doing in his sixties? At one level you can say he is running every business, at another level you can say he is running nothing."

Even on politics, he won't let the cat out of the bag yet. "I am not averse to politics," he says, "but neither am I enamoured of it. Whether my public life will meander into politics, I don't know."

What he does know is that he will play a larger role in public life (particularly primary education for the underprivileged, and public policy) through the Bharti Foundation -- the corpus for which will soon be hiked considerably: it has already spent over Rs 30 crore (Rs 300 million).

Among structures he is studying are those like Ford Foundation and the Rand Corporation to understand the nuances of institution building.

Clearly, the Bharti empire is going to look different with each passing year. While he's reluctant to share the percentage of revenues he expects from the non-telecom businesses, it's clear he's looking forward to some hands-on action.

"In 1996-97, I used to run Delhi's mobile business personally, though I had CEOs. Today, that has disappeared in a cloud of Airtel circles. I go to my Delhi office once in two-three years. Ten years down the line the telecom business will be what Delhi was 10 years ago." Mittal says it will be one of the many businesses that they would own.

His immediate priority is to get the succession plan rolling, and a key ingredient is to delegate more powers to those running the various businesses.

For instance, Mittal has two presidents for the telecom operation: mobiles and fixed line. All decisions on operations are taken at the president's office, while 25 per cent of strategy decisions are taken at the corporate office by Mittal and his two joint managing directors (including brother Rajan Mittal). Soon these powers too will be relinquished to the presidents.

Already the frequency of management council meetings headed by him are becoming infrequent: once in two weeks currently, and maybe once in four weeks as powers are delegated.

Regulatory and procurement decisions have been shifted from the corporate office to the two divisions. Mittal says once he relinquishes executive power, the presidents could move up to become managing directors running the business.

Structurally, he refers once again to the Tata operations. "Mr Ramudorai runs TCS independently, and Mr Muthuraman runs Tata Steel, but when it comes to a TCS IPO, it is Ratan Tata and Ishat Hussain (the finance director in Tata Sons) who walk the aisle."

Similarly, in Bharti, independent CEOs will run businesses and will relate to either of the joint MDs in the corporate office when it comes to key issues like financing, brand or group strategy.

For instance, says Mittal: "If any of them wants to raise resources, they will come to the corporate office as we have the skill sets to raise money at 5.5 per cent in the global market, which they don't have."

More importantly, given the structure of Bharti Televentures, he does not see his sons joining the company. What he does envision is consolidation of these two businesses into one in the immediate future -- to be run by a CEO.

But there are some attempts at consolidation even here -- for instance, the IT department has been combined, and attempts to consolidate distribution are being made with both companies cross-selling each other's products.

Others remain sceptical of what Mittal sees as his renunciation of control at Bharati Televentures. They see the company as a family and close associate run business.

"Who do you see at the helm of affairs apart from Sunil? It's only Rajan, or Akhil Gupta, who have been with him from the beginning. The limelight is still on them, so I don't see any cultural changes at all," says one observer.

And according to a senior member of the Cellular Operators Association of India who has worked with him for years, "He is too top heavy, so there is duplication of work and tensions, though that might be part of his management style. But I can't think of him really loosening control over his companies."

Whether he lets go or not, a telecom managment specialist says, "He is doing the right thing, he is de-risking his business portfolio, especially with the telecom business giving him good cash flows.

There is always a risk that a new innovation could throw your telecom business model out of gear, so it not that unusual for him to cash out partly from telecom and de-risk by investing in other businesses."

Of the two new businesses, the more ambitious gamble for Mittal will be his foray into agriculture. He says it has the potential of becoming a bigger business than telecom, but warns that it's a tough nut to crack, especially as the company has decided to sell fresh vegetables and not processed foods.

The learning curve is underway: the company wanted to send fresh grapes from Sangli, in Maharashtra, to Holland, but they were plagued by a pest attack and delay in shipping.

In Punjab, the main challenge is how to ship fresh vegetables from a state where there are no ports or many cold chains. Then there are regulatory issues to be tackled. But for starters, the first model farm is being kicked off in Ludhiana in a few months.

Mittal will eventually look into retailing of the group's products by building a franchise chain. In fact, the initial programme was to set up a retail chain before he realised the need to set up the back end first, as fresh products were not available.

His other venture arises out of a passion for developing infrastructure for railways and airports. With no hope of the railways being privatised in the next few decades, he's reserved his attention for airports -- since he feels he missed the bus in two other industries that fascinate him.

"I like the airline business and the media business, but Naresh Goyal (Jet) and Subhash Chandra (Zee) started at the same time as us and built these businesses. Today they are entrenched, and it doesn't make sense for us to enter there," he says.

And so his hope of building world-class airports instead. Mittal reels out reasons why the airport project is close to his heart: it will need $1 billion in investment (and Bharti has proven expertise in putting together large infrastructure projects); over 50 million passengers will use the service (and Bharti understands customer care); and in Changi Airport Authority, Bharti has the best possible partnership.

But he is aware that it might not be a scaleable business, or at least not bigger than telecom. Says Mittal: "We expect revenues of $150 million that might quadruple, but it is not scaleable. In telecom, on the other hand, we are closing at Rs 8,000 crore (Rs 80 billion) and could well become Rs 20,000 in a few years. That is the difference.''

But nothing is final on the airport sector. Says an aviation watcher: "He has a 50:50 chance of getting Delhi. There are others in the race who have political clout and good credentials, so the going won't be easy unless he joins hands with them."

Whether he gets the airport project or not, there's no denying Mittal's networking skills. A few weeks ago he was in Cannes attending the GSM Association meet.

Says a senior telecom functionary who was with him: "Despite his hectic schedule, he spent four days and gave a a talk on the challenges to get to the next one billion mobile customers. He was the only Indian private sector telecom CEO who spent this kind of time on networking." That is a clear reflection of a winner.

Ray Ozzie -Chief Software Architect

2007-03-01T18:35:00.001-08:00

Ray Ozzie, the creator of IBM Corp.’s Lotus Notes, is an industry visionary and pioneer in computer-supported cooperative work.

On June 15, 2006, Ozzie assumed the title of Microsoft chief software architect previously held by Chairman Bill Gates, and is working side by side with Gates on all technical architecture and product oversight responsibilities in anticipation of Gates’ departure from a day-to-day role in Microsoft in July 2008. At Microsoft, Ozzie previously held the position of chief technical officer from April 2005 until June 2006. Ozzie is the founder of Groove Networks Inc., a leading provider of collaboration software for the virtual office, which Microsoft acquired in April 2005.

Before founding Groove Networks in October 1997, Ozzie was the founder and president of Iris Associates Inc. There he created and led the initial development of Lotus Notes. Before Iris, Ozzie was instrumental in the development of Lotus Symphony and Software Arts Inc.’s TK!Solver and VisiCalc, and was involved in early distributed operating systems development at Data General Corp.

Ozzie earned a bachelor’s degree in computer science and has been honored as a distinguished alumnus of the University of Illinois at Urbana-Champaign, where he was first exposed to the nature and significance of collaborative systems and computer-supported cooperative work. This significantly influenced his perspective on collaborative systems and the projects he has undertaken throughout his career.

Ozzie is honored as one of seven Windows® Pioneers by Microsoft, was named Person of the Year in 1995 by PC Magazine, and was inducted into the Computer Museum Industry Hall of Fame as well as the InfoWorld Hall of Fame. In November 2000, he received the Institute for Electrical and Electronics Engineers (IEEE) Computer Society’s W. Wallace McDowell Award. He has served as a member of the National Research Council’s Computer Science and Telecommunications Board, and was a member of the NRC committee that produced the landmark CRISIS report on the societal impact of cryptography, a computer security technology. Ozzie is a member of the National Academy of Engineering, and was honored as a World Economic Forum Technology Pioneer in 2001.

Jeff Bezos - Founder and CEO, Amazon.com

2007-02-25T01:24:00.000-08:00

Jeffrey P. Bezos was born in Albuquerque, New Mexico. His mother's ancestors were early settlers in Texas, and over the generations had acquired a 25,000 acre ranch at Cotulla. Jeffrey's maternal grandfather was a regional director of the Atomic Energy Commission in Albuquerque. He retired early to the ranch, where Jeffrey spent most summers of his youth, working with his grandfather at the enormously varied tasks essential to the operation. At an early age, he displayed a striking mechanical aptitude. Even as a toddler, he asserted himself by dismantling his crib with a screwdriver.

Jeffrey was born when his mother was still in her teens, and her marriage to his father lasted little more than a year. She remarried when Jeffrey was four. Jeffrey's stepfather, Mike Bezos, was born in Cuba; he escaped to the United States alone at age 15, and worked his way through the University of Albuquerque. When he married Jeffrey's mother, the family moved to Houston, and Mike Bezos became an engineer for Exxon.

Jeffrey showed intense and varied scientific interests at an early age. He rigged an electric alarm to keep his younger siblings out of his room and converted his parents' garage into a laboratory for his science projects. The family moved to Miami, Florida, where Jeffrey attended high school. In high school, Jeffrey fell in love with computers and was valedictorian of his class. He entered Princeton University planning to study physics, but soon returned to his love of computers, and graduated with a degree in computer science and electrical engineering.

After graduation, Jeff Bezos found employment on Wall Street, where computer science was increasingly in demand to study market trends. His went to work at Fitel, a start-up company that was building a network to conduct international trade. He stayed in the finance realm with Bankers Trust, rising to a Vice Presidency.

At D. E. Shaw, a firm specializing in the application of computer science to the stock market, Bezos was hired as much for his overall talent as for any particular assignment. While working at Shaw, Jeff met his wife, Mackenzie, also a Princeton graduate. He rose quickly at Shaw, becoming a senior Vice President, and looked forward to a bright career in finance, when he made a discovery that changed his life, and the course of business history.

The Internet was originally created by the Defense Department to keep its computer networks connected during an emergency, such as natural catastrophe or enemy attack. Over the years, it was adopted by government and academic researchers to exchange data and messages. In 1994, there was still no Internet commerce to speak of. One day that spring, Jeffrey Bezos observed that Internet usage was increasing by 2300 percent a year. He saw an opportunity for a new sphere of commerce, and immediately began considering the possibilities.

In typically methodical fashion, Bezos reviewed the top 20 mail order businesses, and asked himself which could be conducted more efficiently over the Internet than by traditional means. Books were the commodity for which no comprehensive mail order catalogue existed, because any such catalogue would be too big to mail; perfect for the Internet, which could share a vast database with a virtually limitless number of people.

He flew to Los Angeles the very next day to attend the American Booksellers' Convention and learn everything he could about the book business. He found that the major book wholesalers had already compiled electronic lists of their inventory. All that was needed was a single location on the Internet, where the book-buying public could search the available stock and place orders directly. Bezos's employers weren't prepared to proceed with such a venture, and Bezos knew the only way to seize the opportunity was to go into business for himself. It would mean sacrificing a secure position in New York, but he and his wife, Mackenzie, decided to make the leap.

Jeff and Mackenize flew to Texas on Independence Day weekend and picked up a 1988 Chevy Blazer (a gift from Mike Bezos) to make the drive to Seattle, where they would have ready access to the book wholesaler Ingram, and to the pool of computer talent Jeff would need for his enterprise. Mackenzie drove while Jeff typed a business plan. The company would be called Amazon for the seemingly endless South American river with its numberless branches.

They set up shop in a two-bedroom house, with extension cords running to the garage. Jeff set up three Sun microstations on tables he'd made out of doors from Home Depot for less than $60 each. When the test site was up and running, Jeff asked 300 friends and acquaintances to test it. The code worked seamlessly across different computer platforms. On July 16, 1995, Bezos opened his site to the world, and told his 300 beta testers to spread the word. In 30 days, with no press, Amazon had sold books in all 50 states and 45 foreign countries. By September, it had sales of $20,000 a week. Bezos and his team continued improving the site, introducing such unheard-of features as one-click shopping, customer reviews, and e-mail order verification.

The business grew faster than Bezos or anyone else had ever imagined. When the company went public in 1997, skeptics wondered if an Internet-based start-up bookseller could maintain its position once traditional retail heavyweights like Barnes and Noble or Borders entered the Internet picture. Two years later, the market value of shares in Amazon qwas greater than that of its two biggest retail competitors combined, and Borders was striking a deal for Amazon to handle its Internet traffic.

From the beginning, Bezos sought to increase market share as quickly as possible, at the expense of profits. When he disclosed his intention to go from being "Earth's biggest bookstore" to "Earth's biggest anything store," skeptics thought Amazon was growing too big too fast, but a few analysts called it "one of the smartest strategies in business history."

Jeff had told his original investors there was a 70 percent chance they would lose their entire investment, but his parents signed on for $300,000, a substantial portion of their life savings. "We weren't betting on the Internet," his mother has said. "We were betting on Jeff." By the end of the decade, as six per cent owners of Amazon.com, they were billionaires. The stock has split three times, and to this day, about a third of the shares are held by members of the Bezos family.

Through each round of expansion, Jeff Bezos continually emphasized the "Six Core Values: customer obsession, ownership, bias for action, frugality, high hiring bar and innovation." "Our vision," he said, "is the world's most customer-centric company. The place where people come to find and discover anything they might want to buy online." Amazon moved into music CDs, videos, toys, electronics and more. When the Internet's stock market bubble burst, Amazon re-structured, and while other dot.com start-ups evaporated, Amazon was posting profits.

In October 2002, the firm added clothing sales to its line-up, through partnerships with hundreds of retailers, including The Gap, Nordstrom, and Land's End. Amazon shares its expertise in customer service and online order fulfillment with other vendors through co-branded sites, such as those with Borders and Toys 'R Us, and through its Amazon Services subsidiary. In September, 2003, Amazon announced the formation of A9, a new venture aimed at developing a commercial search engine that focuses on e-commerce web sites. At the same time, Amazon launched an online sporting goods store, offering 3,000 different brand names. Amazon.com ended 2002 with annual sales over $3.9 billion, a figure analysts expect to grow by roughly 17 percent in 2003.

Today, Jeff Bezos and Mackenzie live north of Seattle and are increasingly concerned with philanthropic activities. "Giving away money takes as much attention as building a successful company," he has said.

Larry Ellison

2007-02-25T01:18:00.000-08:00

Lawrence J. Ellison was born in the Bronx, New York. At nine months, he contracted pneumonia, and his unmarried 19 year-old mother gave him to her great aunt and uncle to raise. Lawrence was raised in a two-bedroom apartment on the South Side of Chicago. Until he was twelve years old he did not know that he was adopted. His great uncle and adoptive father had lost his real estate business in the Great Depression and made a modest living as an auditor for the public housing authority. As a boy, Larry Ellison showed an independent, rebellious streak and often clashed with his adoptive father. He showed a strong aptitude for math and science, and was named science student of the year at the University of Illinois. During the final exams in his second year, Ellison's adoptive mother die, and he dropped out of school. He enrolled at the University of Chicago the following fall, but dropped out after the first semester. his father was now convinced he would never make anything of himself, but Ellison had learned the rudiments of computer programming in Chicago and took this skill with him to Berkeley, California, arriving with just enough money for fast food and a few tanks of gas.

For the next eight years he bounced from job to job, working as a technician for Fireman's Fund, Wells Fargo bank and began working as a programmer with large databases at Ampex. At Ampex he built a large database for the CIA, code name: Oracle.

In 1977, Ellison and his former supervisor from Ampex, Robert Miner, founded Software Development Labs. They supported themselves by consulting for an assortment of corporate clients, when Ellison read a paper called "A Relational Model of Data for Large Shared Data Banks" by E. F Codd, describing a concept Codd had developed at IBM. IBM had seen no commercial potential in the concept of a Structured Query Language (SQL), but Ellison and his partner did. They created a database program compatible with both mainframe and desktop computer systems, renamed their company Oracle, and found their first customers for the database program, Wright Patterson Air Force Base and the CIA. In 1980, Oracle had only eight employees, and revenues were less than $1 million, but the following year, IBM itself adopted Oracle's SQL for its mainframe systems and for the next seven years, Oracle's sales doubled every year. The million dollar company was becoming a billion dollar company.

Oracle went public in 1986, raising $31.5 million with its initial public offering, but the firm's zealous young staff for the rapidly expanding firm habitually overstated revenues, and in 1990 the company posted its first losses. Oracle's market capitalization fell by 80 percent and the company appeared to be on the verge of bankruptcy. Ellison bit the bullet and replaced much of the original senior staff with more experienced managers. For the first time, he delegated the management side of the business to professionals, and channeled his own energies into product development. The newest version of the database program was a solid success and in only two years the company's stock had regained much of its previous value.

Even as Oracle's fortunes rose again, Ellison suffered a series of personal mishaps. Long an enthusiast of many sports and outdoor activities, in rapid succession Ellison suffered serious injuries while body surfing and mountain biking. Ellison survived major surgery, and continued to race his 78-foot yacht and practice aerobatics in his private jet.

Oracle's fortunes continued to rise throughout the 1990s. America's banks, airlines, automobile companies and retail giants all depend on Oracle's database programs. Oracle has benefited hugely from the growth of electronic commerce; its net profits increased by 76 percent in a single quarter of the year 2000. As the stocks of other high tech companies fluctuated wildly, Oracle held its value, and its largest shareholder, founder and CEO Larry Ellison, had come very close to a long-cherished goal, surpassing Microsoft's Bill Gates to become the richest man in the world.

Michael Dell

2007-02-24T06:13:00.000-08:00

Michael Dell, born in February 1965, is the chairman of the Board of Directors and chief executive officer of Dell, the company he founded in 1984 with $1,000 and an unprecedented idea - to build relationships directly with customers. In 1992, Mr. Dell became the youngest CEO ever to earn a ranking on the Fortune 500.

Mr. Dell is the author of Direct From Dell: Strategies That Revolutionized an Industry, his story of the rise of the company and the strategies he has refined that apply to all businesses.

In 1998, Mr. Dell formed MSD Capital, and in 1999, he and his wife formed the Michael and Susan Dell Foundation, to manage the investments and philanthropic efforts, respectively, of the Dell family.

Mr. Dell serves on the Foundation Board of the World Economic Forum, the executive committee of the International Business Council and is a member of the U.S. Business Council. Mr. Dell also serves on the U.S. President's Council of Advisors on Science and Technology and the governing board of the Indian School of Business in Hyderabad, India.

Spirit of the skies - JRD Tata

2007-02-24T06:09:00.000-08:00

For two generations and more, JRD Tata epitomised a way of life and a culture of business that cared, without thought of reward or riches, for the country and its people

It is a measure of the man and the life he lived that long before his demise Jehangir Ratanji Dadabhoy Tata came to represent an exalted idea of Indianness: progressive, benevolent, ethical and compassionate. It did not really matter that the country itself failed this utopian test. JRD, as he was known to commoner and king, had by then transcended the frailties of his milieu.

As an adolescent JRD loved France and flying more than anything else. By the time he stepped into the autumn of his existence he had devoted some 50 years to heading and defining a unique business conglomerate, and just as long to championing the interests of India and her myriad people. The evolution, from a thoughtful if self-indulgent young man to a pan-Indian icon revered even by those who knew little about business, contains the essence of the JRD story.

Being one of the last of the great patriarchs of Indian industry contributed, no doubt, to the moulding of his legend, but to call JRD an industrialist is akin to saying Mahatma Gandhi was a freedom fighter. He considered his leadership of the Tata Group and his dedication to the cause of India as complementary, and he brought to the two undertakings a rare dignity and sense of purpose.

It is said of JRD that he spoke French better than English and both better than any Indian language. That did not preclude him from forging a special bond with Indians of all ages and backgrounds. Kalpana Chawla, the Indian-born astronaut who perished in the Columbia space shuttle disaster, cited JRD and his pioneering airmail flights as her inspiration for taking up aeronautics. He touched the lives of countless others, rich and poor, manager and worker, as he became the embodiment of the principles and philosophy of the House of Tata.

Nobody could have guessed this is how destiny would unfold when JRD was born, in Paris in 1904, to R. D. Tata, a business partner and relative of Jamsetji Tata, and his French wife Sooni. JRD, the second of four children, was educated in France, Japan and England before being drafted into the French army for a mandatory one-year period. JRD wanted to extend his stint in the forces (to avail of a chance to attend a renowned horse-riding school), but his father would have none of it. Leaving the French army saved JRD his life, because shortly thereafter the regiment he served in was wiped out while on an expedition in Morocco.

JRD then set his mind on securing an engineering degree from Cambridge, but R. D. Tata summoned his son back to India (JRD would forever regret not being able to attend university). He soon found himself on the threshold of a business career in a country he was far from familiar with. This was a young man aware of his obligations to the family he belonged to. In a letter to his father on his 21^st birthday in 1925, JRD wrote, "One more year has fallen on my shoulders. I have been looking back and also deep inside myself with the merciless eye of conscience, and have been trying to find out whether during this last year I have gained in experience or wisdom. I haven't found out much yet!"

JRD entered the Tatas as an unpaid apprentice in December 1925. His mentor in business was John Peterson, a Scotsman who had joined the group after serving in the Indian Civil Service. At 22, soon after his father passed away, JRD was on the board of Tata Sons, the group's flagship company. In 1929, aged 25, he surrendered his French citizenship to embrace the country that would become the central motif of his life.

The first of JRD's big adventures in business was born of his childhood fascination for flying. He had grown up in France watching the famous aviator Louis Bleriot's early flights, and had taken a joyride in an airplane as a 15-year-old. In 1929 JRD became one of the first Indians to be granted a commercial pilot's licence. A year later a proposal landed at the Tata headquarters to start an airmail service that would connect Bombay, Ahmedabad and Karachi. JRD needed no prompting, but it would take Peterson to convince Dorabji Tata, then chairman of the Tatas, to let the young ace have his way.

In 1932 Tata Aviation Service, the forerunner to Tata Airlines and Air India, took to the skies. The first flight in the history of Indian aviation lifted off from Drigh Road in Karachi with JRD at the controls of a Puss Moth. JRD nourished and nurtured his airline baby through to 1953, when the government of Jawaharlal Nehru nationalised Air India. It was a decision JRD had fought against with all his heart.

Nehru and JRD shared an unusual relationship. They had been friends for long and there was plenty of mutual respect, but they differed significantly on the economic policies India needed to follow. JRD was not a political animal and he never could come to terms with the nature of the socialistic beast then ruling the roost (he once joked, many years after Nehru's passing, that the Chinese steward the Taj Group of Hotels had brought in from abroad earned more money than him). JRD was an articulate and persistent votary of economic liberalisation long before it was finally implemented in India.

The Air India saga certainly hurt JRD, but he wasn't the kind to bear a grudge. Nehru insisted that he continue to head the national carrier and that's what JRD did, right up to 1977, when another act of government forced him out. Indira Gandhi, when she came back to power, reinstated JRD to the chairmanship, but by then he no longer had the appetite for the responsibility.

Air India was never just a job for JRD; it was a labour of love. Tata executives would always be complaining — in private, undoubtedly — that their chairman spent more time worrying about the airliner than he did running all of the Tata Group. JRD's ardour for and commitment to Air India was what made it, at least while he was at the helm, a world-class carrier. Wrote Anthony Simpson in his book Empires of the Sky: "The smooth working of Air India seemed almost opposite to the Indian tradition on the ground… [JRD] could effectively insulate Air India from the domestic obligation to make jobs and dispense favours."

The qualities that JRD brought to the running of Air India were as much in evidence in his steering of the Tata Group. The 'permit raj' era created a difficult, if not hostile, environment for ethical entrepreneurship. The socialist dogma of the time insisted that capitalism was a creature that had to be rigidly controlled, to be tolerated but never trusted. JRD and the Tata Group were certainly stymied by the political tenets and orthodoxy of the period.

When JRD was elevated to the top post in the Tata Group in 1938, taking over as chairman from Sir Nowroji Saklatvala, he was the youngest member of the Tata Sons board. Over the next 50-odd years of his stewardship the group expanded into chemicals, automobiles, tea and information technology. Breaking with the Indian business practice of having members of one's own family run different operations, JRD pushed to bring in professionals. He turned the Tata Group into a business federation where entrepreneurial talent and expertise were encouraged to flower.

In later years this system began to fray at its edges. Detractors contend that it degenerated, as satraps and fiefdoms emerged to challenge the core structure of the Tatas. If it can be held against JRD that he failed to comprehend the dangers of handing away too much control in the operation of individual Tata companies, it must also be acknowledged that he took the lead in consolidating the group when matters came to a head. JRD was brave enough to run the gauntlet and he was man enough to face the fusillade that came in its wake.

Conducting the affairs of a business empire as panoptic and complicated as that of the Tatas would by itself have been a prodigious task, but JRD had plenty more to offer. He played a critical role in increasing India's scientific, medical and artistic quotient. The Tata Institute of Fundamental Research, the Tata Memorial Hospital, the Tata Institute of Social Sciences, the National Institute of Advanced Sciences and the National Centre for the Performing Arts, each an exemplar of excellence in its field, were projects that would not have come to fruition without JRD's steadfast support.

In India the term 'national interest' means all sorts of things to all kinds of people. To JRD it meant advancing the country's scientific and economic capacities. He had strong views on what would help India and what would hinder its gigantic struggle to eradicate poverty. Though he did his share of it, casual charity did not hold any charms for him. His inclination to put his own money where his beliefs were resulted in the setting up, in 1944, of the multipurpose JRD Tata Trust. A few years later he sold more of his shares and an apartment in Bombay to establish the JRD and Thelma Tata Trust, which works to improve the lot of India's disadvantaged women.

A pet theme with JRD was India's "desperate race between population and production". Here, too, he disagreed with Nehru, who thought "population is our strength". JRD spent a considerable amount of time and resources in figuring out and propagating methods to control the country's population growth. To this end he helped start what eventually became the International Institute of Population Studies. In 1992 JRD received the United Nations Population Award, late recognition for a lifelong obsession.

Despite his very public persona, JRD was a shy and reticent man. He never hankered after honours but was showered with them, to much bemusement on his part. On being told that the Indian government was thinking about giving him the Bharat Ratna, the country's highest civilian award, he is reported to have said: "Why me? I don't deserve it. The Bharat Ratna is usually given to people who are dead or it is given to politicians. I am not prepared to oblige the government on the former and I am not the latter."

Self-effacing, modest, wistful and endearing are a few of the adjectives used to describe JRD. It wasn't all peaches and cream, though. JRD could not suffer fools and he was scathing when confronted with pomposity or pretension. There was always about him a dapper and cosmopolitan air, with a dry wit thrown in to lighten the load of legend. When a friend began a letter to JRD with the 'Dear Jay' salutation, he wrote back: "I have looked up the dictionary and find that a Jay is 'a noisy, chattering European bird of brilliant plumage' and, figuratively, 'an impertinent chatterer or simpleton'. For future reference, please note that my name is spelt 'Jeh', in abbreviation of 'Jehangir'. Any resemblance between me and the bird is purely coincidental."

He and his wife, Thelma, whom he married after a Paris romance in 1930, did not have any children, but JRD always appeared most comfortable with kids. With adults, a more problematic lot, he displayed a generosity of spirit which held that, whether in business or in life, it was people who mattered. When JRD breathed his last, in a Geneva hospital on November 29, 1993, it could be truly said that an epoch had ended. A noble bit of India — and Indianness — was gone forever.

Dhirubhai Ambani

2007-02-24T06:00:00.000-08:00

Born: December 28, 1932
Died: July 6, 2002
Achievements: Dhiru Bhai Ambani built India's largest private sector company. Created an equity cult in the Indian capital market. Reliance is the first Indian company to feature in Forbes 500 list

Dhirubhai Ambani was the most enterprising Indian entrepreneur. His life journey is reminiscent of the rags to riches story. He is remembered as the one who rewrote Indian corporate history and built a truly global corporate group.

Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at Chorwad, Gujarat, into a Modh family. His father was a school teacher. Dhirubhai Ambani started his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar over the weekends.

After doing his matriculation at the age of 16, Dhirubhai moved to Aden, Yemen. He worked there as a gas-station attendant, and as a clerk in an oil company. He returned to India in 1958 with Rs 50,000 and set up a textile trading company.

Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built India's largest private sector company, Reliance India Limited, from a scratch. Over time his business has diversified into a core specialisation in petrochemicals with additional interests in telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.

Dhirubhai Ambani is credited with shaping India's equity culture, attracting millions of retail investors in a market till then dominated by financial institutions. Dhirubhai revolutionised capital markets. From nothing, he generated billions of rupees in wealth for those who put their trust in his companies. His efforts helped create an 'equity cult' in the Indian capital market. With innovative instruments like the convertible debenture, Reliance quickly became a favorite of the stock market in the 1980s.

In 1992, Reliance became the first Indian company to raise money in global markets, its high credit-taking in international markets limited only by India's sovereign rating. Reliance also became the first Indian company to feature in Forbes 500 list.

Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI). A poll conducted by The Times of India in 2000 voted him "greatest creator of wealth in the century".

Dhirubhai Ambani died on July 6, 2002, at Mumbai.

Azim Premji's 8 steps to excellence

2007-02-24T05:56:00.000-08:00

Among others, Wipro has recently won the prestigious 'Risk Management Award,' instituted by the Financial Times-The Banker magazine. What is that which makes this company so successful? "An obsession for excellence," says Azim Premji, Chairman & Managing Director, Wipro Limited.

Chairman and Managing Director of Wipro, Premji is credited with transforming Wipro, his family's vegetable oil business, into one of the world's foremost software company.

Although one of the richest Indians, he flies economy class and is happiest when hiking, reading or discussing the foundation he has set up to promote primary education.

These are changing times. Yet in the middle of all the changes there is one thing that constantly determines success. Some call it leadership. But to my mind, it is the single-minded pursuit of excellence.

Excellence endures and sustains. It goes beyond motivation into the realms of inspiration. Excellence can be as strong a uniting force as solid vision.

Excellence does not happen in a vacuum. It needs a collective obsession as I have experienced the benefits of excellence in my own life. Excellence is a great starting point for any new organisation but also an unending journey. What is excellence? It is about going a little beyond what we expect from ourselves. Part of the need for excellence is imposed on us externally by our customers. Our competition keeps us on our toes, especially when it is global in nature.

But the other driver of excellence is internal. I have found that excellence is not so much a battle you fight with others, but a battle you fight with yourself, by constantly raising the bar and stretching yourself and your team. This is the best and the most satisfying and challenging part about excellence.

How does one create excellence in an organisation?

First, we create an obsession with excellence. We must dream of it not only because it delivers better results but because we truly believe in it and find it intrinsically satisfying to us.

We must think of excellence not only with our mind but also with our heart and soul. Let us look outside, at the global standards of excellence in quality, cost and delivery and let us not rest till we surpass them.

Second, we need to build a collective self-confidence. Organisations and people who pursue excellence are self-confident. This is because excellence requires tremendous faith in one's ability to do more and in a better way. Unless, we believe we can do better, we cannot.

Third, we must understand the difference between perfection for its own sake and excellence. Time is of essence. Globalisation has made the customer only more impatient. This may seem like a paradox: should we aim for excellence or should we aim for speed?

Excellence is about doing the best we can and speed lies in doing it quickly. These two concepts are not opposed to each other; in fact, speed and timeliness are important elements of quality and excellence.

Fourth, we must realise that we cannot be the best in everything we do. We must define what we are or would like to be best at and what someone else can do better.

Excellence is no longer about being the best in India. It is about being the best in the world. We have to define what our own core competencies are and what we can outsource to other leaders. Headaches shared are headaches divided.

Fifth, we must create processes that enable excellence. Today, there are a number of global methods and processes available whether it is Six Sigma, CMM or ISO. Use them because they are based on distilled wisdom collected from the best companies in the world.

Also, we must build a strong foundation of information technology, because in this complex, dynamic world, it is imperative that we use the most modern tools to keep processes updated.

Sixth, we must create a culture of teaming. I have found that while great individuals are important, one cannot have pockets of excellence. Quality gives ample opportunities to build a culture of teaming. Cross-functional teams that are customer facing can cut through an amazing amount of bureaucracy, personal empire building and silos and deliver savings that one would not have imagined possible.

The other advantage of building teams focussed on quality is that the teaming culture eventually spreads to the rest of the organisation and teaming becomes a way of life.

Seventh, invest in excellence for the future. Future always seems to be at a distance. But it comes upon you so suddenly that it catches you by surprise, if not shock. What constitutes excellence in the future will be significantly different from what it is today.

In these days of severe market pressures, there is big temptation to sacrifice the future to look good in the present. We must certainly trim our discretionary expenses, but we must ensure that our investments in strategic areas that lead to excellence in the future are protected.

Finally, excellence requires humility. This is especially needed when we feel we have reached the peak of excellence and there is nothing further we can do. We need an open mind to look at things in a different way and allow new inputs to come in.

Otherwise, there is a real danger of becoming complacent or even downright arrogant. I would like to end my talk with a story that illustrates this very well.

A brilliant young professor went to meet a famous Zen master to have a discussion with him on Zen. He found himself in front of a modest house. He rang the doorbell and waited. A while later, he heard shuffling footsteps and the door was opened by the Zen master.

He invited the professor to sit with him on the dining table. The professor was a little disappointed with the shabby appearance of the Zen master. He started quizzing him immediately on comparative philosophies and the Zen master gave some brief answers.

When the professor began to debate with him on those answers, the Zen master stopped speaking and kept smiling at him. Finally, the professor got angry. He said, "I have come from a long distance just to understand the relevance of Zenism. But apparently you have nothing to say. I have not learnt anything from you at all."

At this point, the Zen master asked the professor to have some tea. When the professor held the cup, the Zen master started pouring tea into it. After some time, the tea started spilling and the professor shouted, "Stop! The cup can contain no more."

The Zen Master stopped and then, once again smiling, he said, "A mind, full of itself can receive nothing. How can I speak to you of Zenism until you empty your mind to learn." The professor understood and apologized to the Zen master. He parted from him, the Zen master -- a wiser man.

The author is Chairman & Managing Director, Wipro Limited.

SIMPLE, SELFLESS, SUPER RICH

2006-10-30T05:20:00.000-08:00

N.R.Narayana Murthy, Chairman, Infosys Technologies Ltd

An Indian IT chief who's really made it big without dropping his ethical precepts by the wayside is Nagawara Ramarao Narayana Murthy, Chairman of Infosys. Born in 1946, Murthy's father was a schoolteacher in Kolar district, Karnataka, India. A bright student, Murthy went on to acquire a degree in Electrical Engineering from Mysore University and later studied Computer Science at the IIT, Kanpur, India.

The Infosys legend began in 1981 when Narayana Murthy dreamt of forming his own company, along with six friends. There was a minor hitch, though-he didn't have any seed money. Luckily, like many Indian women who save secretly without their husband's knowledge, his wife Sudha-then an engineer with Tatas-had saved Rs 10,000. This was Murthy's first big break.

The decade until 1991 was a tough period when the couple lived in a one-room house. The second break came in 1991 when Indian doors to liberalization were flung open… Murthy grabbed the opportunity with both hands and has never looked back ever since. Today, Infosys is the first Indian company to be listed on the US NASDAQ.

While working in France in the 1970s, Murthy was strongly influenced by socialism. The bubble was pricked, however, when he was arrested in Bulgaria on espionage charges. Today, he says: "I'm a capitalist in mind, a socialist at heart." It was this belief in the distribution of wealth that made Infosys one of the first Indian companies to offer employees stock-option plans. Infosys now has 400 employees who are dollar millionaires.

In a poll conducted by Asiaweek, the quiet, soft-spoken man was selected one of the 50 most powerful people in Asia for 2000. And 50 per cent of the respondents in an online poll conducted by The Economic Times voted him the best CEO of India.

Heading a company with the largest market capitalization hasn't changed Murthy's life-style much. The man still doesn't know how to drive a car! On Saturdays-his driver's weekly off-the Infosys chief is driven to the bus stop by his wife, from where he boards a company bus to work! Incidentally, Sudha Murthy is now chief of the Infosys Foundation, which channels Rs 50 million into charity every year.

Simplicity, humility and maintaining a low profile are the hallmarks of this super-rich Bangalorean. And the man is principled to a fault. Murthy's unprecedented wealth has catapulted him into the public glare. After the kidnapping of Dr Rajkumar by forest brigand Veerappan, the Home Ministry has sounded out the local government about providing Z-category security to Murthy and Premji. Both characteristically turned down the offer.

In a letter to the police top brass last month, Murthy said he was a simple man who had no intentions of annoying his neighbors and disturbing traffic with an intrusive entourage of security vehicles and personnel.

That's Narayana Murthy for you.

Vivek Paul

2006-10-30T04:43:00.000-08:00

Vivek Paul (born 1958), an alumnus of BITS Pilani, and until recently the Vice Chairman of Wipro Limited and CEO of Wipro Technologies in India, was declared among the best managers in the world by the Business Week in 2004. He was also named by Time and CNN amongst the most influential business persons in the world. In 2005, he was named among the top 30 CEO's in the world by Barrons.

Paul joined Wipro in 1999 as Vice Chairman of the company and CEO of its global information technology, product engineering, and business process services segments. Paul grew this business from under $150m in revenue to over $1b in 6 years.He was the highest paid Indian Executive during this term.

Prior to this role, Paul was employed at GE for 10 years, where he was running GE's Global CT (Computerized Tomography) business, reporting directly to the current Chairman of GE.

Paul also served as President and CEO of GE’s medical equipment joint venture in India. The joint venture was recognized by GE as among one of its best joint ventures in the world, and subsequently by the Economist as the best joint venture in Asia. Paul set up local distribution (direct and indirect) and service networks, and built manufacturing and design capability, making the joint venture a leader in its served market, a global source for ultrasound for GE, and India’s largest exporter of high value engineering goods.

Prior to working at GE, Paul worked at Bain & Co., Boston, and at PepsiCo Inc., Purchase, NY. Paul received an MBA from the University of Massachusetts and a Bachelor of Engineering degree from BITS, Pilani, where he was also captain of its swim and water-polo teams. He went to the prestigious St. Columba's School in New Delhi.

On May 5, Wipro vice chairman Vivek Paul walked into the second floor Bangalore offices of Wipro executive vice president (human resources), Pratik Kumar. The meeting was unscheduled.

Paul told Kumar about a certain sense of 'restlessness' that had seized him lately. He disclosed how he 'was evaluating to do something else'. Kumar thought Paul was at a stage 'where he wanted to make a decision'.

After the conversation, Kumar lost no time in speaking to Wipro chairman Azim Premji on what had transpired between him and Paul. Premji seemed to be aware of what was going on in Paul's mind. He simply expressed his quiet disappointment to Kumar.Read More Here

Setting to rest weeks of speculation, Wipro, on Thursday announced that its vice chairman Vivek Paul was leaving the company to join as a general partner in the private equity firm, Texas Pacific Group (TPG), which has $15-bn of funds under management with over $3-bn invested in technology and telecom globally.Read More

Intro

2006-10-30T04:38:00.000-08:00

I am starting this new blog to write about the IT leaders i admired most. From now onwards, i will be writing and collecting resources from the various websites to post it here.