--- title: "Meaning & Key Takeaway of: Acquisitions have contributed only to 20%…" description: "\"Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been ..." image: "https://sms4smile.com/quotes/i/a8b/ashok-soota-26352_balance_acquisitions-have-contributed-only-to-20_1047399.jpg" --- # Acquisitions have contributed only to 20% of MindTree's… ![“Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been turned down to ensure a proper balance was maintained.” quote by Ashok Soota](https://sms4smile.com/quotes/i/a8b/ashok-soota-26352_balance_acquisitions-have-contributed-only-to-20_1047399.jpg) [Download](https://sms4smile.com/quotes/i/a8b/ashok-soota-26352_balance_acquisitions-have-contributed-only-to-20_1047399.jpg) [Open image](https://sms4smile.com/quotes/i/a8b/ashok-soota-26352_balance_acquisitions-have-contributed-only-to-20_1047399.jpg) > “Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been turned down to ensure a proper balance was maintained.” [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. MindTree grew mainly through internal development, with acquisitions playing a smaller role; balancing growth methods preserves company culture and strategic focus. **In simple terms:** Growth came mostly from internal efforts, not buys. Key Takeaway Prioritize organic growth while using acquisitions selectively. Themes growth strategy culture balance Mood strategic analytical Type business leadership When to use this quote - expanding market share - entering new regions - scaling operations - maintaining brand identity Key Concepts organic development acquisition strategy risk management Questions to Reflect On - How can you measure the long‑term impact of acquisitions? - What metrics ensure organic growth stays sustainable? A Different Perspective Acquisitions can disrupt existing teams and dilute focus if overused. ★ ★ ★ ★ ★ No ratings yet [Acquisition](https://sms4smile.com/quotes/about/acquisition/) [Acquisitions](https://sms4smile.com/quotes/about/acquisitions/) [Balance](https://sms4smile.com/quotes/about/balance/) [Customer](https://sms4smile.com/quotes/about/customer/) [Growth](https://sms4smile.com/quotes/about/growth/) ## Related quotes > [“It seems some CEOs who pay extremely large acquisition premiums … come to believe their own press.”](https://sms4smile.com/quotes/chip-heath/it-seems-some-ceos-who-pay-extremely-large-acquisition-premiums-come/) [Chip Heath](https://sms4smile.com/quotes/author/chip-heath/) > [We're looking to have the ability to come in and be able to capitalize on the marketing in order to grow the top-line. We…](https://sms4smile.com/quotes/anonymous/we-re-looking-to-have-the-ability-to-come-in-and-be-able-to/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [In order to grow at this pace, there will have to be a couple of acquisitions along the way. The tricky thing is to…](https://sms4smile.com/quotes/larry-ellison/in-order-to-grow-at-this-pace-there-will-have-to-be-a-couple-of/) [Larry Ellison](https://sms4smile.com/quotes/author/larry-ellison/) > [The desires of man increase with his acquisitions.](https://sms4smile.com/quotes/samuel-johnson/the-desires-of-man-increase-with-his-acquisitions/) [Samuel Johnson](https://sms4smile.com/quotes/author/samuel-johnson/) > [Our true acquisitions lie only in our charities - we gain only as we give.](https://sms4smile.com/quotes/william-gilmore-simms/our-true-acquisitions-lie-only-in-our-charities-we-gain-only-as-we/) [William Gilmore Simms](https://sms4smile.com/quotes/author/william-gilmore-simms/) > [The man whose acquisitions stick is the man who is always achieving and advancing whilst his neighbors, spending most of their time in relearning…](https://sms4smile.com/quotes/william-james/the-man-whose-acquisitions-stick-is-the-man-who-is-always-achieving/) [William James](https://sms4smile.com/quotes/author/william-james/) > [The ways PE firms are making serial acquisitions, each individual acquisition is under the radar, but in aggregate they roll up the whole market.](https://sms4smile.com/quotes/lina-khan/the-ways-pe-firms-are-making-serial-acquisitions-each-individual/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that caused the…](https://sms4smile.com/quotes/charlie-munger/at-most-corporations-if-you-make-an-acquisition-and-it-turns-out-to/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I think we've been an agent for change, everywhere, and I think change frightens people. They're going nicely in what seems like a settled…](https://sms4smile.com/quotes/rupert-murdoch/i-think-we-ve-been-an-agent-for-change-everywhere-and-i-think-change/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [I was vehemently against acquisitions. Now let's buy everything in sight. Well, that's a slight exaggeration. We are a little more strategic than that.…](https://sms4smile.com/quotes/larry-ellison/i-was-vehemently-against-acquisitions-now-let-s-buy-everything-in/) [Larry Ellison](https://sms4smile.com/quotes/author/larry-ellison/) > [We have continued to advance our global ambition with acquisitions that fill in the global footprint, such as Dabo in Dubai on the marketing…](https://sms4smile.com/quotes/richard-edelman/we-have-continued-to-advance-our-global-ambition-with-acquisitions/) [Richard Edelman](https://sms4smile.com/quotes/author/richard-edelman/) > [Innovation has its limits, of course, and Salesforce has proved adept at supplementing its growth with acquisitions, a tool long available to older rivals…](https://sms4smile.com/quotes/adam-lashinsky/innovation-has-its-limits-of-course-and-salesforce-has-proved-adept/) [Adam Lashinsky](https://sms4smile.com/quotes/author/adam-lashinsky/) > [Business development is a part of M&A - we identify signals in the market, whether its trends or disruptive technology, and bring them back…](https://sms4smile.com/quotes/peggy-johnson/business-development-is-a-part-of-m-a-we-identify-signals-in-the/) [Peggy Johnson](https://sms4smile.com/quotes/author/peggy-johnson/) > [In the technology markets, we went through a couple of decades where we saw over 800 acquisitions by the five big players, not a…](https://sms4smile.com/quotes/lina-khan/in-the-technology-markets-we-went-through-a-couple-of-decades-where/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [Wal-Mart does not do big mergers, though it will buy much smaller competitors in so-called 'tuck-in acquisitions.'](https://sms4smile.com/quotes/alex-berenson/wal-mart-does-not-do-big-mergers-though-it-will-buy-much-smaller/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) ## More by Ashok Soota > [The two main attributes of MindTree culture are high achievement orientation and high caring.](https://sms4smile.com/quotes/ashok-soota/the-two-main-attributes-of-mindtree-culture-are-high-achievement/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [Mindtree began as an internet systems integrator when the dot-com boom was going on.](https://sms4smile.com/quotes/ashok-soota/mindtree-began-as-an-internet-systems-integrator-when-the-dot-com/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [I don't subscribe to the view that talent is deteriorating. I think every generation is brighter than their previous generation.](https://sms4smile.com/quotes/ashok-soota/i-don-t-subscribe-to-the-view-that-talent-is-deteriorating-i-think/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [If you see culture, to my mind it is something you need to consciously have to create. It's not like a box, where you…](https://sms4smile.com/quotes/ashok-soota/if-you-see-culture-to-my-mind-it-is-something-you-need-to-consciously/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [The drive for growth of education technology will further accelerate. Another key area of major growth is e-Health. The overall outlook for the industry…](https://sms4smile.com/quotes/ashok-soota/the-drive-for-growth-of-education-technology-will-further-accelerate/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [The reason for looking at a public listing instead of private capital is that I have always enjoyed running a public limited company.](https://sms4smile.com/quotes/ashok-soota/the-reason-for-looking-at-a-public-listing-instead-of-private-capital/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [The customer doing something innovative is not interested in the size of your company but in whether you understand what he does.](https://sms4smile.com/quotes/ashok-soota/the-customer-doing-something-innovative-is-not-interested-in-the-size/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [MindTree has grown into a strong company and has a great leadership team at its helm which can continue to propel the company in…](https://sms4smile.com/quotes/ashok-soota/mindtree-has-grown-into-a-strong-company-and-has-a-great-leadership/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [When the internet came up, scores of companies were created. But many of them collapsed during the dot.com bubble.](https://sms4smile.com/quotes/ashok-soota/when-the-internet-came-up-scores-of-companies-were-created-but-many/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [We see opportunities in the networking and telecom space, including 5G, where we see accelerated investments.](https://sms4smile.com/quotes/ashok-soota/we-see-opportunities-in-the-networking-and-telecom-space-including-5g/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [Over 10 years, MindTree has been ahead of most IT companies on operating and financial metrics. We have stayed true to our long-term vision…](https://sms4smile.com/quotes/ashok-soota/over-10-years-mindtree-has-been-ahead-of-most-it-companies-on/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [Whenever there is a recession, the first sector that bounces back is technology services.](https://sms4smile.com/quotes/ashok-soota/whenever-there-is-a-recession-the-first-sector-that-bounces-back-is/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [In the current world, with work-from-home emerging as a new norm, there is a spurt in demand for security, deployable across multiple work environments.](https://sms4smile.com/quotes/ashok-soota/in-the-current-world-with-work-from-home-emerging-as-a-new-norm-there/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [Technology evolves continuously with solutions getting richer. For example, many of the earlier e-commerce ventures failed because of weak technology infrastructure.](https://sms4smile.com/quotes/ashok-soota/technology-evolves-continuously-with-solutions-getting-richer-for/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [I was very happy in Wipro; happier in Mindtree because I founded and took it public.](https://sms4smile.com/quotes/ashok-soota/i-was-very-happy-in-wipro-happier-in-mindtree-because-i-founded-and/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) [Explore all 22 Ashok Soota quotes ](https://sms4smile.com/quotes/author/ashok-soota/) ## More Acquisition quotes > [The Role of Deliberate Practice in the Acquisition of Expert Performance”: “The differences between expert performers and normal adults are not immutable, that is,…](https://sms4smile.com/quotes/k-anders-ericsson/the-role-of-deliberate-practice-in-the-acquisition-of-expert/) K. Anders Ericsson > [ No one suffers so much as he \[the genius\] with the people, and, therefore, for the people, with whom he lives. For, in a… ](https://sms4smile.com/quotes/otto-weininger/no-one-suffers-so-much-as-he-the-genius-with-the-people-and-therefore/) [Otto Weininger](https://sms4smile.com/quotes/author/otto-weininger/) > [Personal happiness lies in knowing that life is not a checklist of acquisition. Your qualifications are not your life.](https://sms4smile.com/quotes/anonymous/personal-happiness-lies-in-knowing-that-life-is-not-a-checklist-of/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [We may... affirm that the balance of power in a society accompanies the balance of property in land. The only possible way, then, of…](https://sms4smile.com/quotes/john-adams/we-may-affirm-that-the-balance-of-power-in-a-society-accompanies-the/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [Learning to play the guitar is a combination of mental and motor skill acquisition. And to develop motor skill, repetition is essential... Whenever musicians…](https://sms4smile.com/quotes/howard-roberts/learning-to-play-the-guitar-is-a-combination-of-mental-and-motor/) [Howard Roberts](https://sms4smile.com/quotes/author/howard-roberts/) > [All worldly pursuits have but one unavoidable and inevitable end, which is sorrow; acquisitions end in dispersion; buildings in destruction; meetings in separation; births…](https://sms4smile.com/quotes/milarepa/all-worldly-pursuits-have-but-one-unavoidable-and-inevitable-end/) [Milarepa](https://sms4smile.com/quotes/author/milarepa/) > [When ice appears out of doors, and boys seize it up while it is solid, at first they experience new pleasures. But in the…](https://sms4smile.com/quotes/sophocles/when-ice-appears-out-of-doors-and-boys-seize-it-up-while-it-is-solid/) [Sophocles](https://sms4smile.com/quotes/author/sophocles/) > [Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that…](https://sms4smile.com/quotes/warren-buffett/accounting-consequences-do-not-influence-our-operating-or-capital/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [A sustainable economy represents nothing less than a higher social order one as concerned with future generations as with our own, and more focused…](https://sms4smile.com/quotes/lester-r-brown/a-sustainable-economy-represents-nothing-less-than-a-higher-social/) [Lester R. Brown](https://sms4smile.com/quotes/author/lester-r-brown/) > [One industrial age belief is that GDP or GNP is a measure of progress. I don't care if you're the President of China or…](https://sms4smile.com/quotes/peter-senge/one-industrial-age-belief-is-that-gdp-or-gnp-is-a-measure-of-progress/) [Peter Senge](https://sms4smile.com/quotes/author/peter-senge/) > [I ended up doing four or five plays in college and being an English major with my thesis in language acquisition, which I was…](https://sms4smile.com/quotes/carrie-coon/i-ended-up-doing-four-or-five-plays-in-college-and-being-an-english/) [Carrie Coon](https://sms4smile.com/quotes/author/carrie-coon/) > [But most automotive dealerships are set up for customer acquisition - which is crazy when you consider the average cost of customer acquisition is…](https://sms4smile.com/quotes/arthur-hughes/but-most-automotive-dealerships-are-set-up-for-customer-acquisition/) Arthur Hughes > [As priestcraft was always the enemy of knowledge, because priestcraft supports itself by keeping people in delusion and ignorance, it was consistent with its…](https://sms4smile.com/quotes/thomas-paine/as-priestcraft-was-always-the-enemy-of-knowledge-because-priestcraft/) [Thomas Paine](https://sms4smile.com/quotes/author/thomas-paine/) > [Even as the unborn babe is in the womb of his mother, these five are fixed as his life destiny: his life span, his…](https://sms4smile.com/quotes/anonymous/even-as-the-unborn-babe-is-in-the-womb-of-his-mother-these-five-are/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [What becomes of a man who acquires a beautiful woman, with her "beauty" his sole target? He sabotages himself. He has gained no friend,…](https://sms4smile.com/quotes/naomi-wolf/what-becomes-of-a-man-who-acquires-a-beautiful-woman-with-her-beauty/) [Naomi Wolf](https://sms4smile.com/quotes/author/naomi-wolf/) [Browse all 395 Acquisition quotes ](https://sms4smile.com/quotes/about/acquisition/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. 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