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A real life lesson in crisis management

By: Xieli Lee, Singapore
Published: Jan 05, 2010

CRISIS MANAGEMENT     LEADERSHIP     CORPORATE GOVERNANCE

Despite undergoing one of the most severe financial fraud crises in India, IT services provider Mahindra Satyam survived and even managed to retain most of its employees. How did the leaders of the firm get it right?

Once India's fourth largest IT services provider, Satyam Computer Services was thrown into chaos in January last year when its former chairman B Ramlinga Raju admitted to inflating Satyam's profits by US$1.5 billion. While it has since been bought over by Indian telecoms integrator Tech Mahindra and renamed as Mahindra Satyam, the question on everyone's minds remains. What has changed for the IT firm and how did it got through the scandal? 

To read more on how Satyam leaders proved their mettle in surviving an unprecedented corporate governance crisis in the history of the IT firm, click here:

http://www.humanresourcesonline.net/news/17054

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Companies featured:

  • Satyam Computer Services
  • Mahindra







Friday, 18 May 2012, 01:04 AM


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