The newly appointed head of Wipro's IT business, which announced a restructuring on Monday, clarified that resultant benefits may not be expected in the near-term.
Speaking to the media, Mr T.K. Kurien, CEO, IT Business and Executive Director, said the restructuring was done based upon inputs from customers and employees to create a simplified customer structure.
He also said that the organisational restructuring is for future growth and that he would be “surprised to see impact in the first three quarters.”
“We believe that Wipro is at the right place at the right time. Our fundamentals are sound and we want to concentrate on two qualities, namely simplification and speed. We want to reduce organisational complexities and enable decision making,” he said.
New heads
On Monday, as part of this restructuring, Mr G.K. Prasanna was named the head of Wipro's eco-energy business division, while Mr Srinivas Pallia and Mr KR Sanjiv got business application services and analytics, respectively. The company assigned pharmaceutical, healthcare and life sciences and services to Ms Sangita Singh, while Mr NS Bala got manufacturing and hi-tech.
However, many leaders at Wipro continue doing the same thing. For example, energy and utilities (Mr Anand Padmanabhan), finance solutions (Mr Soumitro Ghosh), media and telecom (Mr Mark Fleming), and retail (Mr Bhanumurthy) are some of the divisions that have been left unchanged.
Additionally, Mr Anand Sankaran continues to lead Wipro Infotech business division, while Mr Gangadharaiah CP, who currently heads the testing services, continues as an advisor for testing practice.
The other leaders of Wipro who continue to do what they did before include Mr Ashutosh Vaidya (BPO), Mr Ayan Mukerji (product engineering services), Mr Deepak Jain (technology infrastructure services) and Mr Kirk Strawser (Wipro Consulting Services).
When asked about this, Mr Kurien commented, “When we make too much change, we get caught for that and if there is no change, we still get blamed.”
He added, “The issue is how we work. After the restructuring, decision making will be faster, and customer satisfaction will be handled at the business unit level.”