Cisco moving top execs to India January 8, 2007
Posted by Vijay in Business, India, Internet, Trends.trackback
According to newspapers Cisco Systems is planning to shift at least 20% of its top executives to India.
Interesting move in more ways than one. Shows clearly that Cisco is attaching a lot of importance to its presence in India. Strengthens my opinion that innovation in India is going to be taking off. Cisco wants to make sure that they do not miss out on any of the opportunities.
Or is it a move to cut costs in the long term by developing top level management skills in India? After all the world is flat.
Interesting article in the Calgary Sun.
Cisco in the short view wouldnt want to “loose out” on the happenings in INDIA but on the longer run would try to cut costs with cheap inputs including management inputs.
In the modern world, every service provider is forced to follow the market push/pulls otherwise they are afraid they may go the IBM way.
Is China aware of this move ? Generally I hear its name along with ours. Not my expert area to comment, so taking off.
China is way ahead of INDIA in attacting foreign FDI and their current road block of english language too is getting diminished. Chinas major flaw is its communisum as said by mark phobius recently and india really shines with its democracy on that angle.
I fully agree with mohan in the long run they want to cut the costs yes management team at much less cost than what they spend in USA
but it is good for Indian talent they can get better oppourtunities hereitself so good for both particularly at managment level now people once they spend lot of time and it right time for them to say bye because their children can be moved at right time etc.etc.,
yes there may be many aviable locally also