Wipro’s CEO Thierry Delaporte plans organization overhaul, aiming its growth
IT major Wipro, its CEO Thierry Delaporte is undertaking a major organizational overhaul, with an aim to revive the growth by collapsing layers and trying to simplify the structure. Speaking at the latest earning call, Delaporte preferred about fewer P&L, fewer teams, and fewer metrics.
According to the TOI report, among the important people leaving the firm include Wipro veteran and president Anand Padmanabhan and president Milan Rao, Padmanabhan heads business development and strategic sales, while Rao is responsible for the core transformation office – MIT (marketing, innovation, and technology). Also, reports arrived that Wipro president and COO Bhanumurthy BM is scheduled to retire in 2021, after three decades with the company.
Adding on, the spokesperson also emphasized that Wipro will focus on a leaner organization to increase market focus. He said that the priority of Wipro is ‘on stabilizing and gaining business momentum during these difficult times’. Though the spokesperson refused to comment on details and said, “Your questions are predicated on speculation. We will detail any changes as and when those are finalized.”
As per the TOI report, Wipro’s global head of consumer business unit Srini Pallia and BFSI head Angan Guha are the top choices to lead the Americas, which contributes 58.4 percent to revenues.
While President of energy & utilities NS Bala is front-runner likely to oversee Asia-Pacific, which contributes nearly 24 percent to the firm’s revenues.
Expressing his views during the earnings call, CEO Delaporte said, “I usually find beauty in simplicity. In terms of model, what is critical is that you have a model that is centered around the client… What you need as an organization is to be able to mobilize all forces of an organization for the benefit of one client. So fewer P&Ls, fewer teams, fewer metrics, we do not need hundreds of KPIs to follow our operations.”
Today Wipro has announced the launch of its dedicated Wipro AWS Business Group (WABG), a unit designed to help customers fast-track their cloud transformation journey on AWS.
Wipro Limited has over 180,000 dedicated employees serving clients across six continents.
