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ASSIGNMENT NO 2
PRN:-16030141001
Name: - Manasi Parulekar
MBA-IT Div A
A multinational company is one which is incorporated in one
country (called the home country); but whose operations extend
beyond the home country and which carries on business in
other countries (called the host countries) in addition to the
home country.
It must be emphasized that the headquarters of a multinational
company are located in the home country.
A multinational corporation is usually a large corporation
which produces or sells goods or services in various countries.
It consists of
Importing and exporting goods and services
Making significant investments in a foreign country
Buying and selling licenses in foreign markets
Engaging in contract manufacturing—permitting a local
manufacturer in a foreign country to produce their products
Opening manufacturing facilities or assembly operations in
foreign countries.
To function effectively, Multinational Corporations must
understand the socio-political, cultural, economic and
regulatory environment of the countries they operate in.
Whether it is managing overseas operations, directing an
international sales force, helping expatriate employees and their
families adjust to living and working in a foreign culture, or
negotiating a deal with a government official or a customer,
such understanding is essential for success.
In India, there are number of multinational companies are
present. Here is an example of Oracle Corporation.
With more than 420,000 customers and deployments in more
than 145 countries, Oracle offers a comprehensive and fully
integrated stack of cloud applications, platform services, and
engineered systems.
Oracle is shifting the complexity from IT, moving it out of the
enterprise by engineering hardware and software to work
together – in the cloud and in the data center. By engineering
out the complexity that stifles business innovation, Oracle is
engineering in speed, reliability, security, and manageability.
The result is best-in-class products throughout an integrated
stack of hardware and software, with every layer designed and
engineered to work together according to open industry
standards. Oracle’s complete, open, and integrated solutions
offer extreme performance at the lowest cost – all from a
single vendor. Its’ integrated, industry-specific solutions are
engineered to address complex business processes across a
wide range of industries, including financial services, telecom,
manufacturing, government, utilities, retail, healthcare,
automobile, pharmacy, oil and gas, steel, engineering and
construction among others. Oracle also provides the industry’s
broadest and most complete portfolio of public, private and
hybrid cloud offerings. Oracle offers an optimized and fully
integrated stack of business hardware and software systems to
its 400,000 customers in more than 145 countries around the
globe.
Oracle's HQ buildings are located in Oracle Parkway, Redwood
Shores, California, USA.
BOARD OF DIRECTORS
Lawrence J. Ellison:-
Executive Chairman of the Board and Chief Technology
Officer
Larry Ellison is executive chairman of Oracle Corporation and
chief technology officer. He founded the company in 1977 and
served as CEO until September 2014.
Jeffrey O. Henley:-
Vice Chairman of the Board
Jeffrey O. Henley is vice chairman of Oracle Corporation. He
served as Oracle’s chief financial officer and an executive vice
president from 1991 to 2004, and has been a member of
Oracle’s board of directors since 1995. Henley was chairman of
Oracle from 2004 until 2014. He also serves on Oracle’s
Executive Management Committee.
Safra A. Catz
Chief Executive Officer
Safra A. Catz is chief executive officer of Oracle Corporation
and a member of the company’s board of directors. She
previously served as president of Oracle and has also served as
the company’s chief financial officer. Catz first served as
Oracle’s chief financial officer from 2005 to 2008, as executive
vice president from 1999 to 2004, and as senior vice president
from April to October 1999. She served on the board of
directors for HSBC Holdings, one of the world's largest
banking and financial services organizations, from 2008
through 2015.
Mark Hurd
Chief Executive Officer
Mark Hurd is chief executive officer of Oracle Corporation and
a member of the company’s board of directors. He joined
Oracle in 2010, bringing more than 30 years of technology
industry leadership, computer hardware expertise, and
executive management experience to his role with the
company. Hurd is also a member of the Baylor University
Board of Regents. Mark Hurd oversees the corporate direction
and strategy for Oracle's global field operations, including
sales, support, consulting, marketing, and alliances and
channels. He focuses on strategy, leadership, innovation, and
customers.
Before joining Oracle, Mark Hurd served as Chairman of the
Board, Chief Executive Officer, and President of HP. Since
joining Oracle, Mark Hurd has worked to share Oracle's
strategy and vision with customers, partners, shareholders, and
investors.
Corporate Executives North America
Karl Braitberg
Senior Vice President, Worldwide Operations
Karl Braitberg is senior vice president of Oracle’s worldwide
operations. He joined Oracle in 2016 and is responsible for the
end-to-end supply chain operations for the company. Prior to
Oracle, Braitberg spent ten years at Cisco in a variety of
executive-level supply chain and operational roles spanning
customer service, planning and customer fulfillment, supply
chain transformation, strategic sourcing/direct procurement,
and cloud infrastructure operations.
Braitberg is recognized as one of the industry’s most successful
and well-respected operational leaders and is passionate about
finding new and innovative ways to increase organizational and
supply chain performance. He is known for his open
communication, leadership style, and the ability to grow and
retain top talent.
Braitberg was named by Supply and Demand Chain Executive
magazine to its “Pros to Know” list and has been cited in
numerous publications including Supply Chain Management
Review, ComputerWorld, and InfoWorld.
Douglas Kehring
Executive Vice President, Chief of Staff, and Head of
Corporate Development
Douglas Kehring has served as Oracle's executive vice
president, chief of staff since March 2015. As chief of staff, he
is responsible for helping drive Oracle’s business
transformation to the cloud, including organizations, systems,
and processes. In early 2016, Oracle launched a critical
component of that transformation, the Oracle Accelerated
Buying Experience that allows customers to purchase Oracle
Cloud services quickly and easily.
Kehring also continues to serve as the head of Oracle's
corporate development group, a position he has held since
2005. The corporate development group provides planning,
advisory, execution, and integration management services to
Oracle on mergers and acquisitions, source-code and object-
code licensing, strategic investments, joint ventures, and other
related transactions.
Kehring began his career at Oracle in 2000 as part of the Oracle
Venture Fund. He joined the company after working for the
investment banks of Donaldson, Lufkin & Jenrette and Dain
Bosworth. Kehring is a graduate of the University of
Wisconsin–Madison School of Business.
Dorian Daley
Senior Vice President, General Counsel, and Secretary
Dorian Daley serves as executive vice president, general
counsel, and secretary of Oracle Corporation. She began her
career at Oracle in 1992 after spending five years with the
commercial litigation group of Landels, Ripley & Diamond in
San Francisco. She is a 1986 graduate of the Santa Clara
University School of Law and a 1981 graduate of Stanford
University. Prior to her appointment as general counsel, Daley
was a vice president and associate general counsel for Oracle.
Thomas Kurian
President, Product Development
Thomas Kurian is president of Oracle product development and
reports to Oracle executive chairman of the board and chief
technology officer Larry Ellison. He is responsible for leading
software development and transitioning the company's
technology to Oracle Cloud. For the past several years, Kurian
has been responsible for the Oracle Fusion Middleware family
of products. Under his leadership, that business became the
fastest-growing within Oracle and the industry's leading
middleware product suite. Since 2008, Kurian has also led the
development for Oracle's next-generation business applications,
Oracle Fusion Applications.
Kurian has been with Oracle since 1996, holding various
product management and development positions. Prior to
joining Oracle, he worked as a consultant in London, Brussels,
and San Francisco with international management consulting
firm McKinsey & Company, serving clients in the software,
telecommunications, and financial services industries.
Jeb Dasteel
Senior Vice President and Chief Customer Officer
Jeb Dasteel is senior vice president and chief customer officer
at Oracle. He is responsible for driving customer focus into all
aspects of Oracle's business. In this capacity, Dasteel serves as
a customer advocate and works with the Oracle organization to
develop and deliver customer programs that increase customer
retention, value delivered, satisfaction, and loyalty. He has been
with Oracle for 18 years in a number of corporate and field-
based roles.
Edward Screven
Chief Corporate Architect
Edward Screven is chief corporate architect at Oracle.
Reporting to Executive Chairman and Chief Technical Officer
Larry Ellison, he drives technology and architecture decisions
across all Oracle products to ensure that product development is
consistent with Oracle's overall strategy. An Oracle veteran
since 1986, he is responsible for Oracle's open-source
businesses, including Linux, virtualization, and MySQL.
Screven also leads company-wide strategic initiatives,
including industry standards and security.
Mary Ann Davidson
Chief Security Officer
Mary Ann Davidson is the chief security officer at Oracle,
responsible for Oracle software security assurance. She
represents Oracle on the board of directors of the Information
Technology Information Sharing and Analysis Center (IT-
ISAC), and serves on the international board of the Information
Systems Security Association (ISSA). She has been named one
of Information Security's top five "Women of Vision," is a
Federal 100 Award recipient from Federal Computer Week,
and was recently named to the ISSA Hall of Fame.
Judith Sim
Chief Marketing Officer
Judith Sim is chief marketing officer at Oracle Corporation.
Sim joined Oracle in 1991 and has held various customer-
related and marketing positions during her tenure. Currently,
she is head of corporate marketing programs, including
corporate communications, global customer programs,
advertising, campaigns, events, and corporate branding.
Mark Sunday
Chief Information Officer and Senior Vice President
Mark Sunday is chief information officer and senior vice
president at Oracle. He is responsible for providing the global
communications, computing, and security infrastructure that
enable Oracle's internal business operations. Sunday is also
responsible for a variety of hosting and education services for
Oracle customers. Additionally, he and his team strive to be the
first adopter, biggest influencer, and best promoter of relevant
Oracle technologies. Sunday routinely shares his insights in
optimizing business results through the use of technology,
developing world-class global teams, fueling innovation, and
enabling IT operational excellence.
Joyce Westerdahl
Executive Vice President, Human Resources
Joyce Westerdahl is leading Oracle HR’s cloud transformation
to ensure that business leaders and more than 135,000
employees are enabled to achieve Oracle’s mission to be the
number one cloud company in the world. Since taking the lead
of Oracle HR in 2000, she has continuously implemented a
roadmap of progressive HR modernization initiatives intended
to keep Oracle at the leading edge of technology innovation.
Westerdahl continues to transform HR by leveraging Oracle
HCM Cloud technology to provide better visibility, utilization,
and development of the company’s talent pool; more insightful
analytics to drive informed business decisions; improve the
impact of compensation models; and more effectively recruit,
hire, and onboard the right talent. The latest effort in the
modernization of Oracle HR is moving self-service transactions
to a more user-oriented experience and taking advantage of the
continuous product innovation cycle in Oracle HCM Cloud.
The Board of Oracle Corporation has throughout its history
developed corporate governance practices to fulfill its
responsibility to Oracle Corporation stockholders. The
composition and activities of the Company's Board of
Directors, the approach to public disclosure and the availability
of ethics and business conduct resources for employees
exemplifies the Company's commitment to good corporate
governance practices, including compliance with new
standards.
The Board has adopted the following corporate and committee
guidelines to help ensure it has the necessary authority and
procedures in place to oversee the work of management and to
exercise independence in evaluating Oracle Corporation's
business operations. These guidelines allow the Board to align
the interests of directors and management with those of Oracle
Corporation's stockholders.
Oracle continually applies good corporate governance
principles to multiple areas of the Company. In addition to
these guidelines, Oracle has had a Code of Ethics and Business
Conduct since 1996.
Corporate Governance Guidelines
Finance and Audit Committee
Independent Committee
Compensation Committee
Nomination and Governance Committee
Oracle has the wide range of the services and products to offer.
Those are as follows:
Applications
Cloud
Industries
Sales and Services
Systems
Technology
database management systems (Oracle Database, Oracle
RDB, TimesTen, Berkeley DB, etc.)
tools for database development (Oracle Developer Suite -
Forms, Reports, JDeveloper, etc.)
application server (OC4J, Portal, SSO, etc)
enterprise resource planning software (ERP)
customer relationship management software (CRM)
supply chain planning software (SCM)
Oracle Revenue distribution by line of business and by
geography.
Oracle in India
In India, Oracle works with more than 7,000 customers with
help from over 1,000 partners, across the private, public and
government sectors. It employs over 31,000 professionals
operating in various businesses namely Sales & Marketing,
Oracle India Development Center (R&D), Oracle Consulting,
Oracle Direct Sales, Global Support Center, Global Financial
Information Center (GFIC streamlines Oracle’s worldwide
financial and accounting operations) and Oracle Financial
Services Software Limited. Oracle has been in India for over 20
years. It has 9 offices across the country, 8 R&D centers and 1
Partner Solution Center. About 250,000 students and more than
1200 learning institutions benefit from the Oracle Academy
program annually in India.
Oracle CEO Safra Catz met with Prime Minister of India Shri
Narendra Modi and announced three major investments that
support the country’s global digital leadership. Catz unveiled a
massive, state-of-the-art campus centered in Bengaluru, 9
incubation centers throughout India, and an initiative to train
more than half a million students each year to develop
computer science skills.
“Oracle has been in India for over 25 years and during that time
we’ve grown our investments tremendously,” said Catz. “In
fact, India now represents our second largest employee base
outside of the United States, with nearly 40,000 current
employees and an additional 2,000 current job openings. We
are investing over $400 million USD in Bengaluru, opening 9
incubation centers, and training half a million students each
year during this expansion phase to support India’s tremendous
growth. We ‘Make in India’ for the rest of the world.”
Oracle Financial Services Software Limited is a subsidiary
of Oracle Corporation. It is an IT solution provider to the
banking industry. Oracle Financial Services Software Limited
has two main streams of business. The products division
(formerly called BPD – Banking products Division) and
PrimeSourcing. The company's offerings cover retail, corporate
and investment banking, funds, cash management, trade,
treasury, payments, lending, private wealth management, asset
management and business analytics. The company undertook a
rebranding exercise in the latter half of 2008. As part of this,
the corporate website was integrated with Oracle's website and
various divisions, services and products renamed to reflect the
new identity post alignment with Oracle.
Recently, Oracle Financial Services launched products for
Internal Capital Adequacy Assessment Process, exposure
management, enterprise performance management and energy
and commodity trading compliance.
Oracle Financial Services Board of Directors
CHET KAMAT
CEO and Managing Director
Chet Kamat is CEO and managing director of Oracle Financial
Services Software Limited, a majority-owned subsidiary of
Oracle Corporation and an integral part of Oracle's Financial
Services Global Business Unit. Mr. Kamat has more than 30
years of financial services, consulting, and business
transformation experience. His expertise in banking
transformation has driven strong top-line impact for both the
products and services businesses at Oracle Financial Services
Software. He is passionate in nurturing a culture of operational
excellence and customer delight.
HARINDERJIT SINGH
Senior Vice President
Mr. Harinderjit Singh (Sonny Singh) is Senior Vice President
and General Manager of Oracle's Financial Services Global
Business Unit. In this role, he is responsible for a global
organization focused on Sales, Consulting, Engineering and
Support, of Oracle's products focused on Banking, Insurance
and Capital Markets.
During his 23-year career at Oracle, Mr. Singh has been
instrumental in leading the creation and execution of highly
successful corporate, business unit, and new market strategies
that produce strong top-line impact across all of Oracle's
hardware, software, and services product lines.
MARIA SMITH
Ms. Maria Smith is Vice President, Assistant Corporate
Controller and Vice President, Mergers and Acquisitions
Integration for Oracle Corporation. She is responsible for
leading Global Controller & Accounting Operations for EMEA,
Americas and Japan and also Corporate Accounting.
RICHARD JACKSON
Mr. Richard Jackson prior to joining the Board of Oracle
Financial Services Software Limited, he was for seven years in
China as the President and CEO of Ping An Group's banking
business, 21 years with Citibank in seven different countries
including time as their country head in Korea and Hungary.
ROBERT K. WEILER
Robert K. Weiler is Executive Vice President of Oracle's
Global Business Units. Previously he was Chairman and CEO
of Phase Forward, a leading provider of integrated data
management solutions for clinical trials and drug safety. Weiler
has more than 30 years of technology-industry leadership
experience
S. VENKATACHALAM
Mr. S Venkatachalam has served Citibank N. A. and its Group
for nearly 30 years and has held Senior Positions. He is a
Chartered Accountant by profession. He has served as an
advisor to Fullerton India Credit Corporation Ltd., a subsidiary
of Temasek Holding (Private) Limited. Prior to Citibank, he
served as a Consultant with A. F. Ferguson & Co., Chartered
Accountants, Mumbai (now a part of Deloitte Haskins & Sells).
He has been an independent Director of the State Bank of India
(2008-2014) and has served several of their Committees.
Currently he is on the Board of few Company and Advisor to
few Financial Services Companies. He has rich experience in
the field of Banking, Finance, Administration, Compliance,
Taxation and labour laws. He is well regarded in the financial
services industry and by regulatory bodies.
SAMANTHA WELLINGTON
Ms. Samantha Wellington is Managing Counsel for Oracle
Corporation. Ms. Wellington has worked in Oracle's Australian,
Asia Pacific, and global businesses and brings more than 10
years of technology-industry legal experience and expertise to
her role at Oracle.
SRIDHAR SRINIVASAN
Mr. Sridhar Srinivasan is a Senior Advisor with Oliver Wyman,
a leading global management consulting firm. He joined Oliver
Wyman in early 2013 as a Partner and India Head. He works
with CEOs, Boards of Directors and other senior leaders of top
Financial Services companies in the region on topics such as
Management Strategy, Risk Management, Client Coverage
models, Product and Distribution strategies, Cost Optimisation,
Governance and Regulatory Compliance.