The New Curriculum

MBA aspirants joining this year & in the future may get to read a lot about the Satyam Scam & the fallen IT Czar Ramalinga Raju.

The question now being debated is whether fresh MBA grads ought to have their attention focussed on such a topic. There are some who feel that MBA's should know a thing or two about business ethics, and keeping that in mind is much more important than earning profits. Others say that such cases should be left to students doing CA courses and law firms as they are more involved directly in such cases.

According to me, a businessman needs to be aware of all his surroundings. People would think twice before they do something foolish or the other.

An MBA grad should know what has to be followed. There are many ways a company can earn its profits. Proper management happens when you take the right path of earning this profit. India is already dependent on FDI's & FII's on maintaining its stock market movement. Any similar mishap can make such investors loose their confidence in the Indian business environment, ultimately leading to more disaster.

Let us hope that there wont be another 'Enron' or 'Satyam' for us to study.

New Satyam CEO A S Murty says 'Yes! We Can'

TOI: Employees of Satyam, on Thursday welcomed the appointment of global delivery head AS Murty as the new CEO by the government appointed board of the crisis-hit company.

The move went down well with Satyam employees, who see him as a neutral executive and one who is not part of disgraced Satyam founder, Ramalinga Raju's coterie.

These employees earlier expressed dissent when Ram Mynampati took charge as interim CEO of Satyam, following Raju's confession of perpetrating a Rs 7,000 crore fraud.

Following his appointment as CEO, Mr Murty addressed tens of thousands of Satyam employees at different locations through a web cast that lasted over half an hour. The speech was aimed at motivating and reassuring employees, who have had to cope with social stigma and insecurity after news of the Satyam fraud came out last month.

"If an internal person, has to head Satyam, Murty is the best. He has good knowledge of delivery, HR and associates(employees). I would say that of the over 50,000 Satyam employees, Murty would be familiar with at least 10,000. I am sure he would know the top 500 leaders by name," said a long-time employee of Satyam, who did not wish to be named.

About Murty's association with Raju, the same employee said, "Raju did not accord him any special place or promotion. He is like the Pranab Mukherjee of Satyam, an effective troubleshooter, who can keep the employees together."