Wipro to adopt new operating model from 1st January 2021
Wipro is bringing in a new operating model from subsequent 12 months below which its enterprise will probably be restructured into 4 strategic market items (SMUs) and supply model will probably be simplified because the IT large seems to be to drive growth in the non-US markets.
With this its existing business model by bringing in a new operating model from next year under which its business will be restructured into four strategic market units (SMUs) and delivery model will be simplified as it looks to drive growth in the non-US markets. Thierry Delaporte, CEO, Wipro said the company’s growth has been largely dependent on the US market, and noted that it is important for the company’s broad base growth.
“I have no doubt that an operating model marked by fewer layers, empowered P&L owners, and clearly defined ownership of performance metrics, underpinned by a simpler and more customer-focused delivery model will help us meet our desired outcomes. I expect the new structure to bring the best of Wipro closer to customers,” Delaporte stated.
He added that Srini Pallia will lead Americas 1, Angan Guha Americas 2, and N S Bala APMEA. The chief for Europe will probably be appointed in the approaching weeks.
Rajan Kohli will lead iDEAS and Nagendra Bandaru will head iCORE. These leaders will share their organisation buildings in due course, he added.
The SMU and GBL leaders, together with Functional Heads, will report to Delaporte. Delaporte stated the corporate has additionally created the new function of Chief Growth Officer, which will probably be introduced quickly.
The chief growth officer will play a key function in driving giant offers and strengthening relationships with hyper-growth companions, moreover overseeing advertising, advisor/analyst relationships, gross sales excellence and gross sales enablement, he stated.
In a regulatory submitting, Wipro stated it’s bringing in an operating model “marked by simplicity” to carry the corporate nearer to its prospects.
“The changes are effective from January 1, 2021. We will continue with our current operating model and external reporting for the quarter ended December 31, 2020,” the submitting stated.