Re: [ilugd] Employee takeover of Satyam- why not? - but then what?
On Fri, Mar 20, 2009 at 1:10 AM, Abhishek Choudhary wrote: > Think of the possibility. A company of the employee, by the employees, for > the employees. If democracy has any advantage over monarchy, then such a > takeover makes sense. > > Would Satyam become something like a Firefox or Apache foundation then? The > per employee share in the profits would increase (no I am not an economist - > please provide technical inputs) > > But again it would also be plagued by similar problems as any democracy; or > would it be. This solution would require proper architecting. Could an > open-source "business" model be hybrid with such a possibility? Why not? Then > what? Any initiative needs a good leader. Even in case of open source e.g. Linus in case of the Linux kernel. So, if a worthy candidate is ready to lead from the front and can convince the rest of the possibility then it can be possible. -- O give me a home, Where the buffalo roam, Where the deer and the antelope play, Where seldom ... ___ ilugd mailinglist -- ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd Archives at: http://news.gmane.org/gmane.user-groups.linux.delhi http://www.mail-archive.com/ilugd@lists.linux-delhi.org/
Re: [ilugd] Employee takeover of Satyam- why not? - but then what?
>> Think of the possibility. A company of the employee, by the employees, for >> the employees. If democracy has any advantage over monarchy, then such a >> takeover makes sense. In the current situation this would make sense. > There are examples of employee owned companies making successful > corporations. Not easy but doable. Only employees of Satyam can make a > collective decision on this while we can watch from sidelines. yes. > However this need not mean open source or otherwise. Not necessary. Right now we should worry about the future and livelihood of the employees, their families and the people on the periphery who are affected. ___ ilugd mailinglist -- ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd Archives at: http://news.gmane.org/gmane.user-groups.linux.delhi http://www.mail-archive.com/ilugd@lists.linux-delhi.org/
Re: [ilugd] Employee takeover of Satyam- why not? - but then what?
2009/3/20 Abhishek Choudhary : > > Think of the possibility. A company of the employee, by the employees, for > the employees. If democracy has any advantage over monarchy, then such a > takeover makes sense. > > Would Satyam become something like a Firefox or Apache foundation then? The > per employee share in the profits would increase (no I am not an economist - > please provide technical inputs) > There are examples of employee owned companies making successful corporations. Not easy but doable. Only employees of Satyam can make a collective decision on this while we can watch from sidelines. However this need not mean open source or otherwise. -- Regards, Sudev Barar Read http://blog.sudev.in for topics ranging from here to there. PS: I know most of people do not follow email niceties (mostly they are not aware) but if you follow bottom post/in-line post style of email conversations it becomes a whole lot easier to carry on meaningful dialogue and you can snip out what is not meaningful too. Most people just hit reply button and top post leaving prior message appended uselessly at bottom. See if you can adopt this style and persuade others. In case you are already doing this . great, spread the message. ___ ilugd mailinglist -- ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd Archives at: http://news.gmane.org/gmane.user-groups.linux.delhi http://www.mail-archive.com/ilugd@lists.linux-delhi.org/
[ilugd] Employee takeover of Satyam- why not? - but then what?
Hi, A thought has been troubling me since lunch time today. I was just trying to work out some equations: Approx bid price for Satyam: Rs 1,700 crore; or Rs 1,70,000 lakhs Approx employee strength of Satyam: 40,000 (Ref links [1] and [2] for the above data. If they are not correct adjust the values as per correct values) What if the employee form a "collective" and make a bid? What is the per head cost (average - since some may want to pay a bit more)? = 17/4 lakhs per head. A bit more than 4 lakhs per head. That is not an astronomical sum even in these recessionary / down-turnish times. Think of the possibility. A company of the employee, by the employees, for the employees. If democracy has any advantage over monarchy, then such a takeover makes sense. Would Satyam become something like a Firefox or Apache foundation then? The per employee share in the profits would increase (no I am not an economist - please provide technical inputs) But again it would also be plagued by similar problems as any democracy; or would it be. This solution would require proper architecting. Could an open-source "business" model be hybrid with such a possibility? Why not? Then what? In moving from a monarchy to a democracy, if you only "declare" a democracy, but let the ex-Monarch retain all the "veto" powers - he can make any law he wants, he may execute any state decision as he want - then would that be a transition to a democracy? Certainly not... all that one would have achieved is the people's right to demand for one - they would get an answer that "hey you already have democracy". What I mean is do not think of this solution in the light of the existing norms and policies / processes of a software services company? Even the policies / processes would need to change. What all will need to change and why? All that I am talking about is a possibility? And somehow this possibility looks like greater "freedom" to me... freedom as in free "software"? I wish I really had the "freedom of speech" to write freestyle :) regards, Abhishek ___ ilugd mailinglist -- ilugd@lists.linux-delhi.org http://frodo.hserus.net/mailman/listinfo/ilugd Archives at: http://news.gmane.org/gmane.user-groups.linux.delhi http://www.mail-archive.com/ilugd@lists.linux-delhi.org/
