Oracle's top India execs exit on Asia Pacific churn
After Microsoft India, it’s the world’s largest ERP company, Oracle India, which is facing a crisis at the top.
By ET Bureau |
NEW DELHI: After Microsoft India, it���s the world���s largest ERP company, Oracle India, which is facing a crisis at the top. According to sources, about 6-7 executives from the top team including the HR head, national sales and technology sales head have put in their papers, leaving the company���s most important verticals almost headless.
When contacted by ET, an Oracle India official confirmed the movements but said many of the exits were for personal reasons. According to sources, sales director Prabodh Tiwari, vice-president of technology sales SPS Grover, HR head Radhika Mitra, channels head Anand Mohan, director ��� sales support S Kharbanda have put in their papers leaving almost nobody to realise the revenues for the company in its top units. Oracle India MD Krishan Dhawan was not available for comment.
According to industry sources, there are multiple reasons for the huge attrition at the top level. The main reason is too much churn at the Asia-Pacific level, the headquarters for Oracle India. Bad culture management after Oracle���s acquisition of BEA is touted to be another reason. Apparently, the $8.5 billion takeover made many executive roles redundant in Oracle. Another reason for sales people quitting is the less than committed revenues from a transaction with a government department.
Most people who have quit have gone to Oracle���s rivals like IBM, SAP and Microsoft. But Microsoft itself is reeling under a crisis as many of the unit heads have left and many have been transferred to other roles. It seems that, like Microsoft, Oracle could also see a flurry of top executives flying down to India to check things on the ground.
Microsoft India has seen a bunch of top honchos like the COO Kevin Turner and senior VP of Microsoft International Jean Philippe Courtois flying down to India in a span of two months.
When contacted by ET, an Oracle India official confirmed the movements but said many of the exits were for personal reasons. According to sources, sales director Prabodh Tiwari, vice-president of technology sales SPS Grover, HR head Radhika Mitra, channels head Anand Mohan, director ��� sales support S Kharbanda have put in their papers leaving almost nobody to realise the revenues for the company in its top units. Oracle India MD Krishan Dhawan was not available for comment.
According to industry sources, there are multiple reasons for the huge attrition at the top level. The main reason is too much churn at the Asia-Pacific level, the headquarters for Oracle India. Bad culture management after Oracle���s acquisition of BEA is touted to be another reason. Apparently, the $8.5 billion takeover made many executive roles redundant in Oracle. Another reason for sales people quitting is the less than committed revenues from a transaction with a government department.
Most people who have quit have gone to Oracle���s rivals like IBM, SAP and Microsoft. But Microsoft itself is reeling under a crisis as many of the unit heads have left and many have been transferred to other roles. It seems that, like Microsoft, Oracle could also see a flurry of top executives flying down to India to check things on the ground.
Microsoft India has seen a bunch of top honchos like the COO Kevin Turner and senior VP of Microsoft International Jean Philippe Courtois flying down to India in a span of two months.
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