Vineet Nayar - AbsoluteAstronomy.com

Vineet Nayar is an India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n businessperson

Businessperson

A businessperson is someone involved in a particular undertaking of activities for the purpose of generating revenue from a combination of human, financial, or physical capital. An entrepreneur is an example of a business person...

, IT executive

Information technology consulting

Information technology consulting is a field that focuses on advising businesses on how best to use information technology to meet their business objectives...

, the CEO

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

, Vice Chairman and fulltime member of the Board of Directors

Board of directors

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

of HCL Technologies

HCL Technologies

HCL Technologies Limited is a leading global IT services company headquartered in Noida, India. It is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services. HCL Technologies is fourth largest IT company in India and is ranked 48 in...

Education

Vineet Nayar

Vineet Nayar is an Indian businessperson, IT executive, the CEO, Vice Chairman and fulltime member of the Board of Directors of HCL Technologies.-Education:Vineet Nayar was born in 1962...

was born in 1962. Nayar received his Bachelor's Degree

Bachelor's degree

A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

in engineering from Govind Ballabh Pant University of Agriculture & Technology

Govind Ballabh Pant University of Agriculture & Technology

G. B. Pant University of Agriculture and Technology is the first agricultural university of India. It was inaugurated by Jawaharlal Nehru on 17 November 1960 as the Uttar Pradesh Agricultural University...

Pantnagar

Pantnagar is a town and a University campus in Udham Singh Nagar district, Uttarakhand. Nainital, Rudrapur and Kiccha, Haldwani are the major cities surrounding Pantnagar....

in 1983 and his Master's Degree

Master's degree

A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

in Business Administration from XLRI

XLRI

The XLRI School of Business and Human Resources, Jamshedpur is a graduate business school in Jamshedpur, India. Established in 1949, XLRI is arguably the oldest business school in India and is regarded as consistently among the top 5 business schools of the country...

, Jamshedpur in 1985 and joined HCL

HCL

HCL or HCl can stand for:* Hairy cell leukemia, an uncommon and slowly progressing B cell leukemia* Hardware compatibility list...

as a Senior Management Trainee (SMT) from campus.

Career

Vineet Nayar

Vineet Nayar is an Indian businessperson, IT executive, the CEO, Vice Chairman and fulltime member of the Board of Directors of HCL Technologies.-Education:Vineet Nayar was born in 1962...

started his journey with HCL

HCL

HCL or HCl can stand for:* Hairy cell leukemia, an uncommon and slowly progressing B cell leukemia* Hardware compatibility list...

in 1985 after completing his Engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

and Management

Management

Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...

Degree. After spending seven years in Engineering

Engineering

, Product management

Product management

Product management is an organizational lifecycle function within a company dealing with the planning, forecasting, or marketing of a product or products at all stages of the product lifecycle....

, Sales

Sales

A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....

, and Marketing

Marketing

Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

positions at HCL, he founded HCL Comnet in 1994, to provide IT infrastructure and many networking services.

Nayar was appointed president of HCL Technologies

HCL Technologies

in April 2005 by HCL

HCL

HCL or HCl can stand for:* Hairy cell leukemia, an uncommon and slowly progressing B cell leukemia* Hardware compatibility list...

Chairman and Founder

Founder

Founder may refer to:* the starter of a private or public company, see Entrepreneur* 'Founder', a hoof ailment. See Laminitis#Founder* Founder , management status for Internet Relay Chat...

Shiv Nadar

Shiv Nadar is an Indian industrialist and philanthropist. He is the chairman and Chief Strategy Officer of HCL Technologies. , his personal wealth is US$5.6 billion. Shiv Nadar founded HCL in the mid-1970s and transformed the IT hardware company into an IT Enterprise over the next three decades by...

. He went on to reshape the organization with his 'Employee First, Customer Second' philosophy, which placed the needs of the employee before those of the customer. The strategy was created to drive an inverted organization structure, create transparency and accountability within the organization and encourage a value-driven culture.

Nayar was later appointed as CEO of the company in October 2007. On October 20, 2010, Nayar was named Vice Chairman of HCL Technologies

HCL Technologies

.

David G. Thomson, author of the business book, "Blueprint to a Billion: 7 Essentials to Achieve Exponential Growth," dedicated an entire chapter of his book as a case study on HCL's management practices, led by Nayar.

Nayar hosts his own blog. Additionally, he is amongst a group of discussion leaders invited by Harvard Business Review to host a regular blog.

Nayar is the author of the book Employees First, Customers Second: Turning Conventional Management Upside Down (Harvard Business Press

Harvard Business Press

Harvard Business Press is the book-specific division of Harvard Business School Publishing, owned by the Harvard Business School, based in Boston, MA.The Press publishes general interest books in addition to business books...

, June 2010)

Awards and Honors

Nayar's 'Employee First' philosophy, HR policies and belief in value-based leadership have been frequently recognized by leading organizations worldwide. Honors include:

Fortune has called Nayar’s leadership “the world’s most modern management style”
London Business School has called Nayar the “leader of organizational innovation”
IDC recognizes Nayar as having “the most cohesive and articulate vision in the IT services sector”
Under Nayar’s leadership, HCL Technologies made it to the fastest growing “Business Week Top 100 Tech companies” in 2007
Under Nayar’s leadership, HCL was awarded the 2008 Workforce Management Optimas Award for HR Innovation in the U.S.
In 2008, BusinessWeek ranked HCL among “the top five most influential emerging companies ”
HCL has been ranked as “best employer”, not only in India, but across Asia, by Hewitt in a 2009 study
In 2009, The CRF Foundation named HCL “Britain’s best employer” for the fourth consecutive year
The 2009 Global Services 100 Survey named HCL the “leader of human capital development”
‘Employee First’ is a frequently-taught case study in many undergraduate course at Harvard Business School.
Nayar has recently been honored with the “Beacon of Hope” award at the 2009 Asha for Education
Asha for Education
Asha for Education is a volunteer-run action group dedicated to radical change in India by focusing on basic education, in the belief that education is a critical requisite for socio-economic change...

, NYCNJ Chapter's, 'Evening of Hope' Benefit Dinner in New York
HCL Technologies was named by WordBlu as one of the 2010 Most Democratic Workplaces
In November 2010, Vineet was named to the Thinkers50, the definitive listing of the world’s top fifty business thinkers.
In August 2011, Vineet was chosen as a part of Fortune Magazine
Fortune (magazine)
Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...

's fantasy executive league, which assembled an all-star lineup of the world's brightest business leaders. The "scouts" chose Vineet because "employees are his No. 1 priority." The list was created in order "to field a team that could coalesce and dominate in any industry."

"American Graduates are Unemployable" comment

In June 2009, Vineet Nayar created quite an uproar by commenting that American tech graduates are unemployable. He made this comment while talking to some technology enthusiasts and officials in New York city. When an official wanted to know why HCL, a $5 billion company with more than 3,000 people across 21 offices in 15 states, was not hiring more people in his state, Vineet Nayar's short answer was: because most American college grads are "unemployable." According to DailyTech, Nayar called American technology graduates inferior to grads from countries like India and China, because they are not as disciplined as their counterparts in these countries. Americans are more interested in developing "the next big thing" and getting rich than in focusing on "boring" (but important) technology and business methodologies like ITIL and Six Sigma, Nayar reportedly said. The U.S. educational system is doing a poor job in preparing tech grads for the real world, said Nayar, who apparently called American grads "unemployable. Mr. Nayar's comment was met with some angry remarks in newspapers and blogs.
Considering the fact that more than 50% of his companies revenue comes from US based clients, his remarks were bold. Mr Nayar stood by his stance and never apologized in public.

Vineet Nayar, has firmly cemented himself as one of today's outspoken controversial character of the IT industry. Never afraid to offer an opinion that may rub a few folks the wrong way, the self-styled CEO booked his ticket to notoriety at HCL's analyst conference in Boston this past week (Dec 2010), where he described Cloud, well, as bullsh*t. http://www.enterpriseirregulars.com/30118/%E2%80%9Ccloud-is-bullsht%E2%80%9D-%E2%80%93-hcl%E2%80%99s-ceo-vineet-nayar-explains-why-he-said-just-that/

External links

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