Infosys Technologies Awarded The 2010 Force Of Ideas Award For Strategic Engagement By Corporate Executive Board
Bangalore, India - September 23, 2010: Infosys Technologies Limited (NASDAQ: INFY) today announced that it has been awarded the 2010 Force of Ideas Award at the Corporate Strategy and Finance Board Summit hosted by the Corporate Executive Board, USA in Washington D.C. This award recognizes management practices that redefine the way companies do business, creating sustainable value for organizations. Infosys has been awarded this honor under the category of 'Strategic Engagement' for its unique strategic planning methods engaging all stakeholders.
On receiving the award, Sanjay Purohit, Vice President and Head - Corporate Planning and Business Assurance, Infosys said, "It is an honor to be selected and recognized as a leader in corporate strategy amongst other leading organizations. At Infosys, our efforts are always directed towards enabling business innovation. Our employees are key stakeholders, and we believe it is important to involve them in the strategic planning process to effectively manage corporate performance."
Infosys has been recognized for creating a culture of ongoing strategic information exchange by involving employees in the strategy development process, which has led to them understanding and contributing to the company's strategic vision.
"During uncertain economic times it takes courage to innovate and drive change," said Scott Bohannon, General Manager, Corporate Executive Board. "Our Force of Ideas winners had the wherewithal to make changes that led to improved corporate performance and set new standards not only for their companies, but for their entire industries. CEB Force of Ideas winners are defining best practices in business management."