As CEO of Tata Consultancy Services (TCS), S. "Ram" Ramadorai company has grown in the new IT services powerhouse with marquee clients such as General Electric, offices in 32 countries and revenues of nearly $ 2 billion. Now he is going to send TCS through an initial public offering - the largest private Indian company. Despite his excitement, Ramadorai knew that in a sense, IPO timing was not ideal. TCS has profited enormously from the willingness of corporate America to outsource IT functions and business processes to foreign providers. But outsourcing has recently come under attack from some politicians and labor leaders called it a threat to American jobs and economic domination of America. In addition, TCS is facing increasing labor costs in India and competition from emerging IT industry in Asia, South America and elsewhere. How would Ramadorai these issues to ease investors' concerns ahead of IPO? "Hide
by Rohit Deshpande, Seth Shulman Source: Harvard Business School 12 pages. Publication Date: January 10, 2005. Prod. #: 505058-PDF-ENG
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