Mphasis Organizational Change

Organizational Change

Mphasis through the years has underwent a series of organizational changes, both internally and externally keeping in mind with the environment and scenario and to be a competitive force in the market aiming to boost its revenues.

Mphasis was found in the year 2000 after the merger of Mphasis Corporation and BFL Limited. BFL Limited was an Indian software firm run by the Bangur foundation group. It although struggled to grow as their functioning style was like an old economy and they did not pay proper heed to the new economy software business. On the other hand Mphasis Corporation was found in 1998 by Jerry Rao and Jeroen Tas in California, USA. Rao was the nephew of Infosys chairman Narayan Murthy. At that period Citi

EDS were to acquire Mphasis for a transaction of $380 millions. This move would also be bringing to EDS several short term application development related projects. It would help it to become a major player in the field of small application developments projects which was where Mphasis specialised in.

Mphasis would henceforth renamed as “Mphasis, an EDS company”. MphasiS would hereby continue to operate under its current management. Jerry Rao would continue as CEO of the company. Jeroen Tas would continue as vice chairman of the company. EDS will appoint a majority of the company's board of directors and would be evaluating the consolidation of its existing India operations with the company's operations. The global headquarters of the company as a result of this major change was also moved to Bagmane Technology Park in Bangalore, India.

Mphasis went forward to become the sixth largest IT company in India with respect to revenues made and was counted to be one of the next big thing to happen in the Indian IT market

“Diversity Week” is a week long fest where the workplace gets a flavour of different parts of the country with a variety of ethnic wear, color, pomp and different cuisines too. Mphasis also takes adequate care of the health and fitness of its employees. A week long event known as the “Wellness Week” is organised where employees are encouraged to get health check ups done free of cost and are given medical and health advice by medical industry experts which would help in maintaining their efficiency levels, in turn helping in the growth and prosperity of the organization as well. There are also frequent blood donation camps organized where the employees are encouraged to donate precious drops of their blood which could in turn help people in need and distress. Mphasis also conducts Talent Hunt events where employees bring to the floor their hidden talents with respect to variety of cultural and outdoor events and activities. For the overall development of an organization one of the most essential factors required is the bonding between the employees of the organization. In order to increase this factor Mphasis conducts frequent employee bonding events where the employees learn and develop the art of teamwork and mutual collaboration by getting indulged in team building activities and outbound events. This also helps in rejuvenating