Infosys

The relentless exodus of its top men is not because of   market's pessimism  on its growth potential, but is  the other way round. The company  even after its multi- exponential growth, persisted with its founders as the CEO with   centralised control over commercial decisions.This multi billion dollar megalith  felt no need to fill up the position of COO since May 2012 !.In the last  decade like others ,Infosys too acquired a more intellectually evolved set of hands. But these men were never  brought into the line for grooming  as the baton kept  passing  on from one founder to another.The company's loyalty to its founders perhaps ,continued to rate above the interests of its share holders.Today's IT is not even about  tomorrow but the day after and beyond . It would require a much younger and energetic pursuer of dreams than  doyens of vintage,much less of the  founder lineage, to be in sync with the rapidly emerging possibilities in modern day IT.Infosys is no doubt making profits ,perhaps on its past reputation. But its top soil needs to be urgently replaced with fresh ones, with  imaginative additives to promote vigorous growth. Else, the markets may not be as kind to it, when GDP picks up  in a couple of years under the new political dispensation.