Riding the Tiger
IN THIS SUMMARY
When the unthinkable and unimaginable occur, one must grab the tiger by the tail to prevent it from completely devouring everyone and everything in sight. A crisis can occur to anyone at anytime. Ultimately, the outcome is determined by how a company responds to that crisis. Satyam Computer Services was India’s homegrown success story. Founded in 1987, it had become the fourth largest information technology services firm in India. On January 7, 2009, it was revealed that the company had overstated assets by nearly $81 million and understated liabilities by over $265 million. It was India’s Enron. In Riding the Tiger, authors Priscilla Nelson and Ed Cohen recount their personal experiences with the rapid deterioration of Satyam Computer Services.