DEVELOPING GLOBAL LEADERS THE SATYAM WAY
Since Satyam’s listing on the Bombay Stock Exchange in 1992, its revenue has grown more than 2,500 times and staff has ballooned from 100 to nearly 30,000 associates.That rapid growth sparked a major culture change within the India-based IT company.
The Satyam Way is a mindset that facilitates the company’s approach to the work it performs. The foundation includes four types of stakeholders: associates (Satyam’s employees and suppliers), investors (shareholders), customers (internal and external businesses that are recipients of its services), and society (responsibility to contribute to the communities). By matching the right associates with the right opportunities, the company creates value for all stakeholders.
The launch of the Satyam School of Leadership in November 2005, as well as other leadership initiatives—such as the full lifecycle leadership framework and web seminars involving distinguished and international faculty—came about as part of Satyam’s goal to strengthen leadership practices and its leadership pipeline. The focus of the school is to groom leaders for the future.
Satyam takes learning seriously. Each step in a leader’s career is filled with a variety of learning and development opportunities. Satyam benchmarks outstanding companies throughout the world, and uses best practices from the book, The Leadership Pipeline, to plan the right blend of learning opportunities.
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