Today we had Dr. Krishnar, the CEO of TaegnTec, which is owned by IMC, as our guest speaker. This company makes cutting tools. This is an international company with a factory in Korea that is 10 times the size of the plant in India. This was an example of the #6 Flattner - Offshoring. He also talked about Flattner #7 - Supply Chaining when he addressed getting product from Korea to India and then delivered to the customer. He was very interesting. He also made a comment as did L & T about in the past the need was to have a core competency in knowing how to obtain a license. Most Indians are happy about the reforms made in the early 90's.

We then had our site visit to Infosys. I really enjoyed this site visit. The structure of this company is very similar to DMR Consulting, which is an IT consulting company I worked for in the past. Infosys is a prime example of Flattner#5 - Outsourcing. I helped bring over Indians in 1998 & 1999 to work on the Year 2000 problem. They went back to India when the issue was over. The division I worked for was closed due to outsourcing of the jobs to another country where costs were cheaper.

This division of Infosys was noted for International Training for the company. The campus was enormous and state of the art. They bring thousands of new employees to this site for training and then ship them out to the division they will serve. This is a good example of the Free Market View - specialize in a service that can be produced most efficiently. They didn't have a lot to show us - a few classrooms, the library, and what they offer the employees on campus. This included a swimming pool, bowling alley, basketball courts, music room, grocery store, movie theatre that looked like Epcot Center, and pool tables. It wouldn't be interesting to see a bunch of programmers coding at their desks.

Some of the terms they use that are the same as what was used at DMR are - Centers of Excellence - areas they focus on, Delivery Managers - employees that manage multiple projects, and Verticles - Healthcare, Banking, Manufacturing. They also use people with business background as Business Analysts and Microsoft Project to manage projects. After listening to the presentation/discussion, touring the facilities, having 25 years in the business, and having worked for another IT consulting company, I felt like I could step right into working for this company and would have no problem sending work to this facility.

In the evening we went to a talent show at the institute. I was very impressed with the show they put on. There was beautiful dancing and lots of humor. Rajiv was especially humorous as was Teresa. We then went to The Road dancing / bar. It was a lot of fun - I danced the entire night. It is funny that the younger students can't believe old people like me can dance so well. I wonder what they thought we did when we were their age. Then add 20 more years of dancing experience and here I am.