Corporate India goes 'spy' hiring, hits campuses

[akhil_agrawal]

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B School students being used by corporates to get trade secrets of competitiors

[bohemian_chap]

Originally Posted by akhil_agrawal

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B School students being used by corporates to get trade secrets of competitiors

I am sure these kind of practices are not new to the corporate world. Recently, we heard the case of Reliance Communications where one employee of TATA Indicom was paid a hefty amount by ADAG to provide some confidential information about TATA's telecom operations. I guess this is the second case which has come to light and the CII or the government should not take these things lightly.

Corporate espionage exists in one or the other form every where. Alluring employees of competitors, bribing HR to recruit not so competent people for the competitors, data theft, bribery etc. are different variants of this BIG problem.

As far as my understanding goes, this boy was recruited for some summer internship by the MNC. To prevent something like this from happening in the future, the B Schools can ask the recruiters to be a bit more discrete about the profiles and the kind of roles offered to the students. Once IN, the project intern won't be able to do much because he will risk losing his project if he protests.

Let us see what happens... It will be interesting to know the name of the company.

[abhinandansexy]

good one but its not shocking one...!
man this corpoarte world is a red ocean where there is so much of war going on the screen as well behind it. people are treading on the feet of others to climb up....
this is human tendency and this is the reason why humans are sitting at the top of the ecological pyramid( some call it smartness and others call it shrewedness but at the end its just a wrong deed by some myopic guys)

recently i read ina paper where somebody working in coca cola wanted to sell the secrets of its new product to pepsico but the pepsi guys instead of paying him made sure that he is behind the bars( this is long term vision as there is everychance that someday , somebody from pepsico will try to sell its secret to rival coke!)... this is called good business!
i read so much about the stupid corporate social responsibility and ponder whats the need for it!, if the corporate world is successful in doing business fairly, without harming somebody intentionally and is providing a fair ground for the employee to grow along with the business with customer care as its core aim, it is doing much more than required! CSR is just to make fool the public ( 100 choohe khake billi haj ko chali)

what i feel is that the mba grad who did is just a pawn who gets easily enticed with the big bucks( afterall rightly said this world is enough for our need but not for our greed), it is the established companies who are blind disciples of adam smith( maximise the profit by hook or crook), the cut thorat competition, eating up of the market shares by the new generation companies , stringent norms and ofcourse the orders of boss to double the sale or triple the sale in some stipulated time is forcing the companies to follow a crooked path...

this example is just a drop in the ocean of whats going on in corporate world. take the example of the insurance companies, they sell policies blindly , make people loose money in all risky stuufs and also give them wrong advice( term policies give best returns on investment in long term and they are risk free but people are discouraged by insurance companies to buy them)...

anyways its and endless debate but i would sugeest the big honchos to raed books like blue ocean strategy and make competition irrelevant by avoiding competition through innovative practises and hiring creative people like me and ofcourse other puys and give them big bucks for genuine work rather than to be mr bond

[razabpn]

Yes its a matter to seriously think about but not shocking to me. I myslef did my summer interniship with an Indian retail giant. And i also did something like this. But the assignment was termed as "Market Intelligence"!!! And as far as i know, Most retailing companies routinely do it. I was amazed to come across my reporting manager there, who knew everything about the competitors..every single detail!! I also know that these retail companies even use mobile fone camera etc to see aisle design and visual merchandising of a store of a competitor!!
But how far can this go???