| Vineet Nayar | |
|---|---|
Nayar at the World Economic Forum's India Economic Summit 2009 |
|
| Born | 1962 |
| Nationality | India |
| Citizenship | India |
| Education | BE, MBA |
| Alma mater | XLRI |
| Known for | Chief Executive Officer of HCL Technologies |
| Predecessor | Shiv Nadar |
| Spouse | Married |
| Website | |
| http://vineetnayar.com | |
Vineet Nayar is an Indian businessperson, IT executive, the CEO, Vice Chairman and fulltime member of the Board of Directors of HCL Technologies.
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Vineet Nayar was born in 1962. Nayar received his Bachelor's Degree in engineering from Govind Ballabh Pant University of Agriculture & Technology Pantnagar in 1983 and his Master's Degree in Business Administration from XLRI, Jamshedpur in 1985 and joined HCL as a Senior Management Trainee (SMT) from campus.
Nayar started his journey with HCL in 1985 after completing his Engineering and Management Degree. After spending seven years in Engineering, Product management, Sales, and Marketing positions at HCL, he founded HCL Comnet in 1994, to provide IT infrastructure and many networking services.[1]
Nayar was appointed president of HCL Technologies in April 2005 by HCL chairman and founder Shiv Nadar. 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.
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.[2]
Nayar hosts his own blog.[3] Additionally, he is amongst a group of discussion leaders invited by Harvard Business Review to host a regular blog.[4]
Nayar is the author of the book Employees First, Customers Second: Turning Conventional Management Upside Down (Harvard Business Press, June 2010)
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[5] and blogs.[6] 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.[7]