DCM failed miserably to see Shiv Nadar’s potential
No one would have dreamt that this simple man hailing from Moolaipozhi Village, Tamil Nadu, would create HCL Computers, one of the most respected companies in India. So where is the dumb part you ask? That was with regard to DCM Data Systems. Shiv Nadar was working for them as an engineer before the entrepreneurial bug bit. HCL would not have happened, if top honchos at DCM Data Systems had shown foresightedness when Nadar told them that the market for 8-bit processors in India was set to boom. Nadar and six others eventually left the company and started HCL in 1976. Fortuitously, IBM decided to exit the Indian operations at that time and HCL rushed to fill the vacuum. The rest is history for HCL and misery for DCM! “It’s a stark contrast; on one hand we have HCL, a renowned name in the field of IT and on the other hand, most people (today) have not even heard about DCM;
No one would have dreamt that this simple man hailing from Moolaipozhi Village, Tamil Nadu, would create HCL Computers, one of the most respected companies in India. So where is the dumb part you ask? That was with regard to DCM Data Systems. Shiv Nadar was working for them as an engineer before the entrepreneurial bug bit. HCL would not have happened, if top honchos at DCM Data Systems had shown foresightedness when Nadar told them that the market for 8-bit processors in India was set to boom. Nadar and six others eventually left the company and started HCL in 1976. Fortuitously, IBM decided to exit the Indian operations at that time and HCL rushed to fill the vacuum. The rest is history for HCL and misery for DCM! “It’s a stark contrast; on one hand we have HCL, a renowned name in the field of IT and on the other hand, most people (today) have not even heard about DCM;
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human FaceProf. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
