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"If not now, when?"
Many times in one's professional life it is easy to
approach things that require hard work under the
assumption that one will get to it "later". Sadly, in some
cases that day never comes. Yet, as entrepreneurs, we
are charged with looking at the same things as everyone
else, but seeing things differently. As entrepreneurs at ebw,
each of us is called to approach the hard stuff with the attitude
of now, and if not now, when? Passion for results must
be burning in our hearts if we are
going to achieve the goals that
have been raised at ebusinessware because the bar has been
set high. As I look back
on the quarter, I have seen some of the most extraordinary investments
of time, energy and results towards making our company the greatest
solutions firm in the world.
This quarter, the infrastructure of ebw hit new highs. I would like
to congratulate some of our leaders who have developed efficient
methods of imparting training and wisdom. It is a famous Latin phrase
that Knowledge Crowns those who Seek Her, and this quarter we have
devised various methods to increase your ability to seek knowledge
- LessonOnDemand, the BOK and related UniRAD tools have been substantially
improved to make it easier to find, absorb and add to our Centers
of Excellence. The teams approached this challenge voraciously -
they could be found all over the world writing tirelessly while
on holidays, investing extra hours at night and weekends, a shining
example of the attitude required for success - if not now, when?
Meanwhile, our Singapore presence increased by a multiple of 5,
that's 500% growth. At the same time as we accommodated this growing
sales effort, our HR team relentlessly increased the staffing around
the world including creating a new outbound sales team in India.
The India sales team has made substantial inroads towards opening
our Sydney office this year; because, if not now, when?
In another circle, the Innovation Program resulted
in nearly $1 million of annual sales in our first quarter as we
packaged and sold the SpreadBot IP assets. In addition to earning
the financial proceeds from the sale, I am charging our teams with
cultivating an excellent relationship with our new client while
ensuring that existing customers like Primus and Citi retain the
full benefits and attention that they expect from ebw. And for the
next challenge? Find the next IP asset. Find it quickly. If not
now, when?
This quarter, ebusinessware was featured in several trade
magazines and we participated in various trade shows around the
world. In addition, we published our first Wealth Management brochure
and will be launching a formal sales campaign for this bustling
initiative in the second quarter (Jul - Sep is our second quarter).
We will continue to invest carefully in marketing efforts to ensure
that we get the word out about our offerings, our excellence and
our people. If anyone has ideas about ways to more effectively approach
these activities, please send me an email or skype me.
One of the
benefits of ebusinessware is that each individual can act entrepreneurially
and see practical benefits in the immediate term. We are still nimble
enough to adapt and change rapidly to new opportunities, yet the
company family provides a net in case of set-back. We offer ample
areas for learning as you go, yet the challenge is upon each individual
to strive for improvement. Our vision is that each professional
at ebw will get the benefit of being able to hone their entrepreneurial
skills in a corporate setting, benefiting the company and their
professional careers simultaneously. If we can create a collection
of the world's best entrepreneurs, then there is no limit to our
achievements. The secret lies within each of you and I encourage
everyone to take a moment to consider your achievements in our first
quarter and seek out ways to improve in the second, because if not
now, when? |
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Edward
Hoofnagle
Group Chairman and CEO |
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WELCOME ABOARD
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List
of New Employees Since March 06 |
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Anshul
Bhatia |
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Savita
Khurana |
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Parmita
Shekhar |
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Sumit
Soni |
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Manavender
Das |
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Ashu
Mahajan |
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Priyanka
Tyagi |
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Yogesh
Mahajan |
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Charu
Arora |
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Varsha
Sharma |
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Mohit
Singh Yadav |
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Pavan
Singh |
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Anshuman
Nanda |
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Domen
Thakur |
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Ranjana
Sinha |
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Ish
Kumar |
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Meenakshi
Nath |
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Rakesh
Yadav |
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Naveen
Namburu |
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Uday
Saigal |
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Shreekanth
Reddy |
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Ramesh
Chandra Barfa |
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Manish
Mehra |
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Ravneet
Kaur Bhatia |
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Shridhar
Aluru |
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Ankit
Kochar |
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Anurag
Garg |
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Sumit
Kumar |
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Jasdeep
Kaur |
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Saurabh
Gupta |
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Bimal
Sinha |
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Shivani
Bansal |
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Ramdutt
Phutela |
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Geetanjali
Bhatia |
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Latika
Kapoor |
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Sonali
Chakraborty |
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Prashant
Verma |
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Meenakshi
Bisht |
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Nitesh
Agarwal |
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Jitesh
Purthi |
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Ashish
Palshikar |
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Dharmender
Kr Prasad |
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Shaveta
Singla |
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Neha
Mathur |
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Dinesh
Goyal |
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Ambika
Mahajan |
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Amit
Gupta |
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Shelika
Arora |
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Anjali
Chaudhry |
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Saurabh
Kumar Mishra |
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Mohammad
Afaque Khan |
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Shudhanshu
Kapil |
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Ajay
Kumar |
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Karan
Singh |
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Gaurav
Sharma |
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MOVEMENT
IN APRIL - JUNE QUARTER |
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TO
US |
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Brajendra
Kr. Maurya |
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Bhaskar
Selvaraju |
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Anan
Garg |
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Tarun
Saini |
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Ankur
Mehta |
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Ashwani
Kumar |
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Atin
Wadehra |
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Lalit
Chhabra |
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Neeraj
Bansal |
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Nikhil
Popli |
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Shailendra
Mathur |
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Suchita
Katyal |
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Soarbh
Bhatia |
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Sumit
Devgan |
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Yogesh
Mahajan |
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Gunbir
Singh |
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Gagan
Arora |
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Vinod
Sangwan |
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TO
SINGAPORE |
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Manu
Garg |
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Lohit
Nadgir |
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Paridhi
Jain |
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Sujeet
Kant Thakur |
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Sanjay
Dhanuka |
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Pankaj
Gautam |
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Deepak
Singla |
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Nitin
Talwar |
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Vineet
Kanotra |
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Jatin
Ahuja |
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V.S.D.
Prasad |
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Gaurav
Singh |
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Rahul
Chauhan |
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Manish
Sharma |
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Phani
Bhoosan |
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Vivek
Agarwal |
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Lokesh
Obalappa |
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CONGRATULATIONS! |
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WEDDINGS |
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Sandeep
Singh |
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Ruchee
Gandhi |
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Babies
Born To |
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Pawan
Kr. Sharma |
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Ashu
Mahajan |
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At an opportune time, Ed has written about the
power of thinking like an entrepreneur, acting as an entrepreneur,
getting results of an entrepreneur, and getting rewards like an
entrepreneur. It was only last year that we formalized our innovation
program, which gave some of you the chance to participate in myriads
of IP3 assignments that were initiated by people within
ranks. Within no time, we started seeing the benefits of these swift
executions, highlight being SpreadBot as a live example to be proud
about.
Each of our partners is currently working towards only one goal,
i.e., how to grow my practice, how to grow the profitability of
my practice, how to ensure the financial health of people in my
practice, and how to "enhance the knowledge" of
people in my practice. Keeping that in mind, we, as a company, decided
to invest time and effort in a noble initiative to create a
state-of-the-art e-learning platform called LessonOnDemand
(LoD).
LoD, once completed, will compete with the best
on-line education systems and include over 100 applied and unique
courses covering wide ranging categories of
Finance as practiced in the world's Leading Financial Centers like
New York, London, Tokyo,
Singapore, Sydney, etc.,
In-demand Technologies, Knowledge Silos,
Hard to find topics like Application Architecture Patterns,
World's Foremost Project Management and Business Analysis Approaches,
Highly Coveted Open Source based Systems,
Futuristic topics including utilization of products in the areas
of Data Warehousing, Storage, ETL, Business
Intelligence, CRM, Work flow, and more
Mission Critical Application Development Techniques in a Center
of Excellence
Ensuring Zero Defect Quality in System Build-out
Effective and Advanced Technology Sales Techniques
Creation of Infrastructure using Innovative Means
World-wide Regulatory Practices in Financial Industry and Accompanying
Opportunities
Personnel Development in different areas
World Class Financial Data Management
Currently, the mood and enthusiasm within the company is unprecedented
by any of the standards:
Shrikant has been working feverishly to create the best Executive
Information System (EIS) there
can be
Ashu has been working tirelessly to expand our reach in distant
but exotic geographies of financial industry
prowess
Rajesh has been guiding our Infrastructure team to research and
implement the most innovative solutions
Masood has been working to show case our Insurance industry experience
to clients
Asheesh has been honing his team in the field of Annuities
Mark and Mojgan have been enhancing our reach in the Asset management
and Wealth management space
Rakesh has been taking our Project management and Business analysis
excellence to the next level
Gaurav and Sudhir have already been able to convince a host of Top
Financial Industry Players that our Financial
data management methodology is second to none
Jeff and Rajesh have teamed together to charm bright entrepreneurial
companies to utilize our very own UniRAD
methodology the max
Bleeding edge Credit Derivatives practices of both Sandeep and Vivek
have touched new heights
Alison has ensured more publicity for ebusinessware in reputable
periodicals than ever before
All of this would not have been possible
without an enterprise-wide team effort from all of you. Aren't
you all proud of it; Ed and I are full of pride to have all
of you as inherent part of ebusinessware, inc. Keeping this
in mind, now is the time for all of you to join and contribute
further in different segments of Innovation Program (IP3);
be it in EIS or Intranet application development, product
creation or authoring a course of your choice for others using
LessonOnDemand platform as an opportunity or a new innovation
of your choice.
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Sanjeev
Midha
Group President and CTO |
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ebw Expands at SINGAPORE
Surpassing the year’s staff supplementation growth projections
within the first two quarters of 2006, ebusinessware has posted
tremendous growth in its Singapore operations. The team grew at
a whopping 356 per cent at Singapore between the beginning and the
second quarter of the year. With more team members onboarding, ebusinessware’s
expertise in the realm of risk management is clearly emerging as
industry best.
Another
milestone achieved in the Asia Pacific region was the enrolling
of several prestigious global investment banks as ebusinessware
clients. While business associations with Credit Suisse are at a
high with more projects planned, newer clients such as Barclays
Capital have also emerged as keen business partners in the staff
supplementation arena. Yet others such as American Express have
expressed their interest in exploring partnering opportunities with
ebusinessware in the region. |
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Takes
a Leap to AUSTRALIA
Taking
Singapore as the stepping-stone, ebusinessware explored growth opportunities
in Australia in the second quarter following a visit by the members
of senior management. Showcasing the company's capabilities at CeBIT
Australia 2006, ebusinessware interacted deeply with both, industry
as well as government representatives. Initial exploring of opportunities
yielded several rounds of talks with companies interested in technology
solutions and staff supplementation services from the offshore development
centre. In order to provide for quick turnaround times for client
interaction and follow-up, a senior local representative was also
inducted for ebusinessware's regional operations in Australia. Several
clients have firmed up business requirements already and ebusinessware
is actively following up with them. |
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Participated
in CeBit Australia 2006
A
major Information & Communication Technology event, CeBIT Australia
2006 was held in Sydney in May 2006. This was a perfect platform
for not only well established IT companies, but also for the new
and upcoming IT companies of the world to showcase their expertise
and innovative developments. It was a signature event for the complete
range of Gen Next Global technologies and solutions.
The target market for the IT companies was the C-level executives,
IT professionals, software developers and business line managers.
This informative trade show and conference provided the latest and
the best practice in integrated business technology solutions. ebusinessware
represented India, participating in a delegation from NASSCOM, the
National Association of Software and Service Companies. While around
600 visitors thronged the ebusinessware stall, CeBIT also provided
the right opportunity to ebusinessware to interact with various
industry experts, notable figures from New South Wales, Central
Australian Government and Victorian dignitaries. |
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Grows
in INDIA
Home to the ebusinessware group's innovative solutions, the Offshore
Development Centre at India also witnessed growth in tandem with
other locations. The team strength escalated by nothing short of
104 members in the first two quarters of 2006, with 50 members onboarding
in the second quarter alone. |
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Infrastructure
upgrade followed closely with office space augmentation by around
2423 sq.ft, with state-of-the-art facilities. |
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Ashu
Chadha
MD, CAO and Managing Partner (Asia Pacific) |
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As
ebusinessware gallops towards new horizons - new clients, new geographies,
new employees - it is indeed something to be proud of and to celebrate
about. With it however, comes lot of responsibilities on all of
us. We have to make sure that as we march on to conquer new territories,
we keep on adding value to our existing customers and at the same
time win confidence of our newly acquired ones. As we all know,
it takes huge amount of effort and time to gain customers' trust
and confidence but takes only a single mistake to lose it.
We are all aware of the cut-throat competition - each one of our
competitor is working hard to meet clients' expectations. We can
no longer be happy by meeting customers' expectations but we must
now aim to beat their expectations. In other words, we should no
longer aim for customer satisfaction but should strive for customer
delight.
So, how do we achieve it? What is our key differentiator? The answer
is continuous learning through our newly designed 'LessonOnDemand
- LoD'.
LoD has been conceptualized, designed and developed in a very short
span of time using the innovative UniRAD approach and the combined
brainpower at onsite and offshore. As the name suggests, employees
can take lessons 'On Demand'. Employees can browse the courses available,
request to be enrolled in them, on approval from LoD administrator
undergo courses and accumulate credits and certifications on successful
completion of courses. Course categories range from UniRAD framework,
Project Management, Finance, Technology, Quality Assurance and Audits.
Technology and domain experts, who are continuously interacting
with industry and technology leaders, are regularly updating existing
courses and adding new courses. All our courses are very practical
and bridge the gap between typical classroom courses and the industry
trends.
By using this unique approach we aim to be ahead of the competition
by keeping ourselves continuously updated with latest trends in
technology and the industry. With LoD, we aim to provide efficient
business solutions which are in line with these latest trends -
thereby achieving customer delight. I would, therefore, like to
encourage each one of you to make use of this facility and keep
yourselves on the leading edge. If not now, when? |
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Shrikant
Dixit
Chief Technology Officer (INDIA) |
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The
LessonOnDemand service was born through our effort over many years
to try and get ahead in the value-chain of the consulting industry.
We must impart "practical" and "applied" knowledge to individuals
to turn them from being only "developers" to "solution providers"
who can understand our clients' business problems and provide solutions.
To survive in this competition we must go up the value chain and
that happens only after we build that capability within each individual
in the company.
LessonOnDemand is now at a tipping point where a few lucky volunteers
(anyone can participate) got together and followed the UniRAD principles
to get LoD from a concept to a real web application with multiple
courses. Now is the time to take it beyond the tipping point in
two ways - (a) contribute in writing courses and (b) make full use
of the material and get on the path of being a solution provider
and not a developer.
Equipped with our world class content and a learning management
system behind it we can offer this service outside ebw as one more
child of the IP3 initiative.
When you read news about large consulting contracts worldwide majority
of the contract amount is taken by smaller teams from the likes
of Accenture and IBM consulting and smaller amounts by much larger
teams of India based companies (our competitors). As an interesting
exercise try to find the Google company revenue last year and divide
that by their average number of employees - all information available
on the web. This shows an average of how much each employee contributes
to the revenue of their company. Now do the same for India based
companies like Infosys and TCS. Agreed that the business models
are different but the point is to demonstrate what innovation can
do a company.
Let us make use of LoD amongst all the other interesting and innovative
services on our Intranet and help ourselves and our company to climb
up the value chain and generate wealth and work satifsaction for
each one of you.
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Rajesh
Abhyankar
Director - Annuities and Sales CRM (USA) |
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In her association with ebusinessware Inc., over the
past 2.6 years, Paromita has worked with different teams like
Financial Analysts, HRD, Creative Designing, Corporate Communications,
Sales and Marketing, several Project teams as well as the Training
Group. With a pleasing personality and never say die attitude
she always successfully delivers her assignments on time. Technical
writing and communication is her forte and she has been working
non-stop with different teams and also helping her team members
with her vast experience of over a decade in writing, editing
and communicating with clients. Her achievements at ebusinessware
include technical writing in various assignments, authoring LessonOnDemand
courses and delivering myriads of training sessions to new comers.
In the course of her tenure with ebw, she has interviewed large
number of ebusinessware technology professionals all over the
world to write more than 50 case studies and provided input in
the creation of marketing brochures. She has also successfully
written and edited corporate newsletters, the ebusinessware Handbook,
Policies, Website, and User manuals for different projects. In
recognition of her contribution, commitment and dedication towards
her work and the organization, ebusinessware proudly announces
the name of Paromita Ghosh as the "Employee of the Quarter"
Apr-Jun 2006.
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DASHBOARD: ebusinessware as a company
is growing in leaps and bounds and within a year the company has
nearly doubled its strength. We have been developing and integrating
some state-of-the-art financial applications for some of the most
well known financial houses and banks in the world. This tremendous
growth has made us realize the need of a process management application,
which would facilitate the in-house management and would also provide
a detailed view of the various departments within the office.
This requirement led to the development of the ebusinessware Dashboard.
It is a snapshot of the company and its current standing. It has
been developed in PHP with DRUPAL providing a robust content management
system. It provides wide spectrum knowledge about the various departments,
trainings, ongoing projects, employees and any news event related
to office. Dashboard gets automatically updated from the Tutos and
reflects the information available in Tutos in a comprehensive manner.
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