MindTree receives the Indian MAKE Award 4th year in a row; top ranked for creating a corporate knowledge-driven culture
Bangalore, INDIA - October 29, 2009
MindTree Ltd., a global IT Solutions company, announced today that it has been awarded the Indian Most Admired Knowledge Enterprise (MAKE) Award by Teleos, in association with The KNOW Network. This was announced at the KM India 2009 Summit, held in Chennai, India, where the award was presented to MindTree. The MAKE Award recognizes Indian organizations that are leaders in effectively transforming enterprise knowledge into wealth-creating ideas, products and solutions.
A panel of senior Indian business executives and leading India-based knowledge management/intellectual capital experts found MindTree to be excellent in the area of knowledge management. "We are delighted to once again receive this honor. We have seen knowledge management playing a key role in our strategy, and continue to nurture it as a key component of our vision," said MindTree Executive Chairman Ashok Soota.
MindTree's Knowledge Management Function enables the organization to harness knowledge and ideas of its people, resulting in innovation, better service delivery and organizational learning. The key thrust areas of KM in MindTree are innovation, collaboration and reuse. This has been realized by deploying multiple platforms that impact people's behavior, creativity, and productivity.
"Our approach to Knowledge Management truly differentiates us in the industry," said MindTree Vice President and Chief Knowledge Officer Raj Datta. "Our customers and employees alike see the benefits in terms of higher productivity and innovative solutions." MindTree's approach to Knowledge Management is holistic and focused on building a knowledge ecosystem which MindTree defines as four spaces within which its people interact to create value: physical space, virtual space, social space, and mind space.
This is the fourth year in a row that MindTree has been honored with the Indian MAKE Award, and comes on the heels of the Asian MAKE Award which was presented to MindTree two weeks earlier. In the 2009 Indian MAKE study, MindTree is top ranked in 'creating a corporate knowledge-driven culture', and ranked second in 'developing knowledge workers through senior management leadership'.
Teleos, an independent knowledge management and intellectual capital research firm, administers the Most Admired Knowledge Enterprises (MAKE) program. The KNOW Network is a Web-based global community of organizations dedicated to achieving superior performance through benchmarking, networking and best practice knowledge sharing.
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
MindTree Ltd. is a global IT Solutions Company specializing in IT Services, Independent Testing, Infrastructure Management and Technical Support (IMTS), Knowledge Services and Product Engineering, which comprises of R&D Services, Software Product Engineering and Next in Mobility (N!Mo). MindTree partners with its clients to create a transparent, value-based relationship. Our people build innovative solutions in a wide range of technology domains that enable our customers to succeed in their business goals.
MindTree was ranked 45th among the leaders in The 2009 Global Outsourcing 100 by the International Association of Outsourcing Professionals. Widely known for its focus on human capital development, MindTree has been consistently rated among the most admired employers by several industry surveys, including Great Places To Work Institute, Hewitt Associates and Mercer. MindTree was ranked No. 1 among the Most Admired Knowledge Enterprise (MAKE) India Award winners for the second consecutive year in 2008. MindTree is the winner of the National Award for Excellence in Corporate Governance in India in 2007-08. The Company is publicly listed in India. Please visit us at www.mindtree.com.