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Rediff.com  » Business » Infy chief's 4-point growth strategy

Infy chief's 4-point growth strategy

By Bibhu Ranjan Mishra
March 29, 2018 15:25 IST
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Besides working on better operational control, internal efficiency and leveraging of internal talent, Salil Parekh is also focusing on building a pipeline of leaders

Salil Parekh, chief executive officer (CEO) and managing director (MD) of information technology major Infosys, is working on better operational control, internal efficiency and leveraging of internal talent.

 

Parekh, a former Capgemini executive, who joined Infosys this January, plans to lay out a road map for the medium to long term, according to sources.

Parekh is also focusing on building a pipeline of leaders. Earlier this month, the company included three senior leaders as his direct reportees - Nitesh Banga, senior vice-president (SVP) and global head of manufacturing and Edge products; Sudip Singh, SVP and head of engineering; and Anand Swaminathan, SVP and global head of communications, media and technology.

“Nothing has changed at the ground level. Earlier, the four presidents reported directly to the CEO and MD.

"After Sandeep Dadlani and Rajesh Krishnamurthy’s exit last year, their roles were split.

"It was prudent to bring some of these senior leaders who are managing large global responsibilities under the CEO’s direct control,” sources said.

Dadlani, then the president and head of manufacturing, retail, consumer packaged goods (CPG) and logistics resigned last June.

His role was then split between Nitesh Banga, given the charge of manufacturing and Karmesh Vaswani, named global head for retail, CPG & logistics.

Similarly, after the exit of Krishnamurthy, his portfolio which included consulting, energy, utilities and communication was split; media and communications moved to Swaminathan.

Consulting went to Ravi Kumar S, president and deputy chief operating officer.

“There is focus to groom and empower internal leaders more with leadership roles but the company is also hiring a lot of outsiders in senior positions, though not in leadership roles,” a source said.

Six people now report directly to Parekh, including chief operating officer (COO) UB Pravin Rao and president and deputy COO Ravi Kumar.

Infosys was known to be heavily focused on grooming leaders internally, looking out only when there were not enough internal candidates to fill a position.

With Parekh at the helm, that culture seems back at Infosys.

Photograph: Kind courtesy, Capgemini/Instagram

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Bibhu Ranjan Mishra in Bengaluru
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