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For business leaders the book serves as a useful guide on the importance of corporate governance, no matter
how saintly or charismatic its major shareholder may be; the challenges of salvaging a listed company on the brink
of corporate death with thousands of jobs at stake; the difficult decisions that must be made and how value can be
extracted by decisive action and calculated risks.
In the last three years, the company's revenues have grown strongly and its global headcount now exceeds
53,000. The merged entity will rank among the top five Indian IT majors and targets to double its combined
revenue annually to US$5.0 billion by 2015. If Mr C. P. Gurnani and his team pull it off, it would be arguably the
most dramatic corporate turnaround in corporate India in recent times.
It is a bold target which will involve not just hard work, clear strategy and strong leadership but also an adherence
to good old values of honesty and accountability. For Satyam, after all, means truth in Sanskrit.
The writer is a Singaporean who has lived and worked in India as a journalist. He is the founder of WeR1
Consultants, a public relations and investor relations consultancy.