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Strategy

Focus on M&As, and reducing team friction: Wipro has a new strategy, but old questions refuse to go

Focus on M&As, and reducing team friction: Wipro has a new strategy, but old questions refuse to go
Focus on M&As, and reducing team friction: Wipro has a new strategy, but old questions refuse to go
Thierry Delaporte, CEO and managing director, Wipro; image credit: Wipro

Synopsis

New CEO Thierry Delaporte has begun an overhaul at Wipro by simplifying the company’s structure and operations. Going against the conventions of the sector, he has slashed the number of P&L units from 25 to just four. The company will also focus on catering to fewer geographies. So, why are analysts aloof?

“You will see a bolder, more confident Wipro as we move forward. One that will be more risk taking, and not be afraid to shake up the apple cart, to make tough calls,” said Rishad Premji, chairman of Wipro, at the company’s analyst day last week.He was certainly not underplaying the changes the company is making.New CEO Thierry Delaporte has tossed out Wipro’s old operating model. He is changing how it is structured, has promised to be more
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