Black Red CharcoalGray WarmGray Power of talent “Our core corporate assets walk out every evening. It is our duty to make sure that these assets return the next morning, mentally and physically enthusiastic and energetic.” – N. R. Narayana Murthy, Chairman and Chief Mentor This Annual Report is printed on 100% recycled paper as certified by the UK-based National Association of Paper Merchants (NAPM). The paper complies with strict quality and environmental requirements and is awarded the following international eco-labels: the Nordic Swan from the Nordic Council of Ministers; the Blue Angel, the first worldwide environmental label awarded by the Jury Umweltzeichen; and the European Union Flower. Infosys Annual Report 2007-08 | 1 Eugenie Rosenthal InStep intern in 2007 Mardava Rajugopal Catch Them Young participant in 2007 Deepak Gopinath Catch Them Young participant in 2007 Connect In 2007, an impressive 66% of 350 colleges surveyed opined that our Campus Connect program has helped make their students more employable. 2 | Power of talent Black Red CharcoalGray WarmGray Development Center, Bangalore, India By 2010, the Indian IT industry will need significantly contributed to our cultural “CTY was an enriching 2.3 million software engineers, says a and intellectual diversity. In the last nine experience. The courses were NASSCOM study. The estimated shortfall years, we have had over 600 interns from conducted in an encouraging, is 22%. This shortfall is one of the key 85 premier universities such as Harvard, open atmosphere which helped reasons we think it is imperative to connect Stanford, MIT and Oxford. InStep has us think out of the box and make the academic world with the industry. To become a sought-after program globally, a lot of new friends too.” build a quality talent pool in line with our with over 4,000 applications received for – Mardava Rajugopal sustainability practices, we have to start 126 positions in fiscal 2008. Catch Them Young participant in 2007 where it all begins: schools and colleges. Catch Them Young (CTY) “Through my internship Campus Connect CTY is a two-week program that gives at Infosys, I have come to Started in May 2004, Campus Connect school students across India a head start understand and appreciate is an industry-academia partnership in understanding Information Technology. first-hand the power of a program, designed to enhance the quality Top performers in the program get an company to change the of education in the Information Technology opportunity to work with our experienced world – to transform the space. Today, more than 490 engineering professionals on exciting projects. Since ambitions of a nation and colleges, primarily from India and select its inception in 1997, CTY has introduced to reconfigure the world’s overseas universities in Malaysia and more than 1,000 school students to understanding of business in a China, are part of the program. Campus various facets of IT. global economy.” Connect has been extremely successful – Eugenie Rosenthal in keeping college faculty and students Project Genesis InStep intern in 2007 abreast with the latest trends and best Project Genesis is aimed at addressing practices in the IT industry. To date, 1,891 the talent requirements of the business “The whole Infosys experience faculty members and more than 26,000 process outsourcing industry, by making was refreshing. CTY enhanced students have benefited from the program. youth from Tier 2 and Tier 3 towns my ability to observe things employable in the IT-enabled Services InStep from a different perspective. It (ITeS) industry. Genesis includes programs gave me a short but memorable InStep, our global internship program, like Train the Trainer and Principal’s opportunity to be an Infoscion provides a platform for students from Conclave to align curriculum and teaching and share the pride of being top academic institutions across the methodologies at colleges with industry associated with this esteemed world to work on live technical and requirements. Started in 2005, organization.” business projects ranging from application Project Genesis has now spread to 407 development to business consulting at colleges across five states in India. – Deepak Gopinath Catch Them Young participant in 2007 our offices worldwide. The program has Infosys Annual Report 2007-08 | 3 Attract On an average, we receive close to 1 million job applications in a year. Just 2.3% of the applicants get selected. On July 9, 2007, we welcomed 1,198 trainees at our Global Education Center, Mysore, India. To date, this has been the largest trainee batch on a single day at Infosys. 4 | Power of talent Black Red CharcoalGray WarmGray Development Center, Mysore, India Consider this. More than 91,187 people Campus hiring “There is tremendous from 70 nationalities across 26 countries competition for talent in India. We have one of the largest campus hiring bring their varied and unique perspectives We need to continuously programs in India. In fiscal 2008 alone, we and skills to the world of Infosys. What demonstrate that Infosys is the recruited students from 1,079 engineering makes us a global talent magnet? place to be, to make a career colleges. Around 1,17,303 candidates Impressive brand recall, pioneering efforts and develop one’s capabilities.” appeared for a test across campuses, in the IT industry, exemplary people 26,235 were interviewed and 18,146 were – T. V. Mohandas Pai practices, a well-defined value system, given job offers. Director and Head – Administration, leadership, or meritocracy? Perhaps, it is Education & Research, Finacle, Human Resources Development, and a combination of all. Brand with a conscience Infosys Leadership Institute Global talent We were one of seven global companies “In today’s competitive talent recognized as a Brand with a Conscience We focus on attracting the best and market, HR has to take the lead by the Medinge Group of Sweden, an the brightest from across the world, in differentiating the Infosys international think tank of brand experts, and currently have offices in 63 cities employee value proposition. in 2004. The list was based on principles worldwide. Our Global Talent Program We have always been a great of ethics and humanity rather than just (GTP) is a successful initiative to assimilate employer. We must become financial strength. Companies were rated talent from diverse geographies like the the best employer in every on the evidence of ethical programs, United States, the United Kingdom, China, jurisdiction that we operate in. human implications of the brand, and the Australia, Mexico, Mauritius, and Japan. Unless we have the confidence ability of the brand to take risks in line with We recruit talent from premier universities that we can attract and retain its beliefs. in these countries to work on projects. the best, we will not be able to These employees are trained at the Infosys delight our customer.” Global Education Center in Mysore, India. – Nandita Gurjar Group Head – Human Resources Development People practices Our employee value proposition is to provide a ‘Learning, Emotional and Financial’ value-add to every Infoscion. We have always striven to provide the best for our employees, be it world-class campuses or an engaging work culture. Our robust people practices have continued to win national and international accolades. Infosys Annual Report 2007-08 | 5 Swarna Sankaran Project Manager, New Market Services Sunil Jose Gregory Project Manager, Communications Media and Entertainment Enable For the second consecutive year in 2007, we won the BEST award from the American Society for Training and Development (ASTD). The award recognizes an organization’s efforts to Build talent, Enterprise-wide, Supported by the organization’s leaders while fostering a Thorough learning culture (BEST). 6 | Power of talent Black Red CharcoalGray WarmGray Infosys Leadership Institute and Global Education Center, Mysore, India At Infosys, you are never too experienced enables them to create and share “Every employee in Infosys is to stop learning. From a rigorous 14-week knowledge assets, participate in discussion enabled to succeed by hard foundation program for new recruits to forums, and network through blogs and and soft levers – the hard round-the-year technical and managerial wikis. We have a repository of over 30,000 levers being various ILI and training across roles, there is something for knowledge components, of which 5,600 E&R courses, and the soft lever everyone. We encourage the free flow are downloaded, on an average, every being the experiential learning of creative ideas, regardless of hierarchy. workday. We have won four Global Most environment. These allow me to We were ranked 32nd in the world and Admired Knowledge Enterprise (MAKE) thrive and explore opportunities 10th in Asia-Pacific in innovation in a 2006 awards, the most recent one in 2007. We that I could only dream about.” BusinessWeek-BCG survey, an indication are the first Indian company to be inducted – Sunil Jose Gregory of how intrinsic innovation is to our culture. into the Global MAKE Hall of Fame. Project Manager, Communications Media and Entertainment Continuous learning Innovation and research While academic records and test scores Software Engineering and Technology “I take pride in enabling my team do matter, people are hired not just for their Labs (SETLabs), our research arm, is to view every challenge as an degrees, but for their potential and ability to at the forefront of research in software opportunity to learn and work constantly learn and adapt to change. Our architecture, design and performance together, and achieve greater Education and Research function offers modeling. As an innovation driver at heights of customer delight.” 178 courses round-the-year, of which 91 Infosys, SETLabs focuses on three key – Swarna Sankaran are instructor-led and 87 are e-learning aspects: targeted research to address Project Manager, New Market Services programs. The Infosys Leadership Institute customers’ business problems, Centers offers 16 instructor-led training programs of Excellence to extend technology and 59 e-learning programs.