Fortune 1000 CIOs, Business and Technology Leaders and Influencers Given Prescriptive Guidance For Transformational Change For Next Growth Cycle.
Revised Edition of Thomson’s Book Includes Chapter on HCL’s Growth
NEW YORK - June 3, 2009 - HCL Technologies Ltd. (HCL), a global leader in IT services, today hosted an intimate forum of leading business and technology executives at the Harvard Club, in New York. HCL Technologies' CEO Vineet Nayar, architect of the company's widely acclaimed "Employee First" change management initiative and rapid ascent in the IT services industry, and David G. Thomson, author of the bestselling business book, Blueprint to a Billion: 7 Essentials to Achieve Exponential Growth, delivered a leadership and management manifesto for helping business executives more effectively achieve organizational optimization, while investing for the next growth cycle.
The invitation-only roundtable event included active participation by CXOs, advisors and thought leaders from leading Fortune 1000 organizations, industry analysts and prominent institutions. The event also marked the debut of Thomson's revised book, "Blueprint to a Billion - 7 Essentials to Achieve Exponential Growth - 2009 Revised Edition for a Turbulent Economy," which addresses current global economic conditions. The book identifies the success patterns of the highest growth companies and provides a formula on how Blueprint companies have followed the 7 essentials in their blueprint to achieve exponential growth.
An entire chapter of the book focuses on the HCL case study. The chapter articulates how HCL successfully applied the 7 essentials and why these essentials continue to serve as a global pattern for success, independent of industry, geographic location and economic cycle. This is the third consecutive case study on HCL's innovative management practices; two of the world's most eminent and distinguished voices, Harvard Business School and London Business School previously profiled HCL. Additionally, HCL is the only non- US company to be profiled in a case study in this edition of Thomson's book.
Among the key topics addressed by Nayar and Thomson were:
- How growth will be redefined from traditional financial measures to those that consider financial and social impact
- The 7 essentials to create a "timeless Blueprint" for growth and practical guidelines for organizational alignment, despite turbulent economic times
- How leaders like HCL Technologies have applied the 7 Essentials to create its own blueprint for success and continue to lead the next growth cycle
- How global growth companies collaborate with their IT teams share the same blueprint and fundamentals that have been time tested in up and down cycles
- How "Blueprint" companies are investing strategically in IT. gaining competitive advantag. through collaboration and value-centric relationships
- Which companies and industries have continued to grow during the global recession and which will be the next to lead America's growth
- How companies can create their own Blueprint for success
"We are delighted to be acknowledged as a 'Blueprint' Company" in David Thomson's revised edition of 'Blueprint to a Billion'," said Nayar. "At HCL we believe in creating exponential value and returns for our customers, shareholders and employees and have today emerged as a disruptive voice, which is being cited for its global relevance and transformational thought leadership."
"The road to business transformation and high growth begins with transparency, accountability and a high performance mindset at all levels of an organization," Nayar continued. "From my perspective, this is the first 'essential.' No organization can grow and create value for its customers without a highly motivated workforce that has bought into and aligned to the strategic plan."
"When defining the role that technology plays in enabling exponential growth," Nayar noted, "Solving technology problems is not strategic to such an objective because technology itself tends to become obsolete by the time organizations realize its value. Technology must be applied to solving real business problems. My daily interactions with CIOs and other business leaders constantly come back to one thing: the critical importance of balancing organizational optimization with new investments. The two can never be mutually exclusive."
"Blueprint to a Billion provides the first quantitative assessment of the success pattern common across a distinct group of 4% of America's new public companies since 1980 that have achieved at least one billion in revenue," David Thomson said. "This elite set disproportionately account for almost 70% of the new employment and market value created by all new public companies. This is true globally. They represent some of the world's highest growth companies; who have uniquely achieved exponential revenue growth and returns. The HCL case study links all the 7 essentials of America's highest growth companies and is a testament to the global relevance of this 'Blueprint' and HCL's 'Blue Print.' The company's innovative management practices are a powerful example of business essentials married with breakthrough innovation to achieve exponential growth through turbulent economic times", he added.
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