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WIPRO TO ADOPT A NEW OPERATING MODEL FROM JANUARY 1
TO DRIVE GROWTH IN NON-US MARKETS
Wipro is bringing in a new to bring the best of Wipro closer to
operating model from next customers,” Delaporte said.
year under which its He added that Srini Pallia will lead
business will be restructured Americas 1, Angan Guha Americas
into four strategic market 2, and N S Bala APMEA. The leader
units (SMUs) and the delivery model for Europe will be appointed in the
will be simplified as the IT giant looks coming weeks. Rajan Kohli will lead
to drive growth in the non-US iDEAS and Nagendra Bandaru will
markets. (APMEA). While Americas 1 and head iCORE. These leaders will share
In an email to employees, Wipro CEO Americas 2 are organised by sectors, their organisation structures in due
Thierry Delaporte said the company’s Europe and APMEA would be course, he added.
growth has been largely dependent structured by countries. APMEA will The SMU and GBL leaders, along
on the US market, and noted that it include Australia and New Zealand, with Functional Heads, will report to
is important that the company broad India, Middle East, South East Asia, Delaporte.
base its growth. Japan and Africa. Delaporte said the company has also
“Effective January 1, 2021, we will The two GBLs include iDEAS created the new role of Chief Growth
replace the current structure of (Integrated Digital, Engineering and Officer, which will be announced
seven Strategic Business Units, Service Application Services) and iCORE soon.
Lines, and nine geographies with four (Integrated Cloud Infrastructure The chief growth officer will play a
Strategic Market Units (SMUs) and (CIS), Digital Operations (DOP), key role in driving large deals and
two Global Business Lines (GBLs)… Risk and Enterprise Cyber Security strengthening relationships with
Besides ensuring adequate sector and Services (CRS). hyper-growth partners, besides
domain focus in our go-to-market and Delaporte, who took charge as Wipro overseeing marketing, advisor/analyst
execution, the new operating model CEO in July this year, said he has held relationships, sales excellence and sales
will help drive growth in non-US meetings with clients, partners and enablement, he said.
markets,” he said. employees. In a regulatory filing, Wipro said it
Delaporte said the current complex “I have no doubt that an operating is bringing in an operating model
delivery structure with multiple model marked by fewer layers, “marked by simplicity” to bring the
delivery units will be replaced by a empowered P&L owners, and clearly company closer to its customers.
simple delivery model that will yield defined ownership of performance “The changes are effective from January
economies of scale. metrics, underpinned by a simpler 1, 2021. We will continue with our
The four SMUs identified are and more customer-focused delivery current operating model and external
Americas 1, Americas 2, Europe model will help us meet our desired reporting for the quarter ended
and Asia Pacific Middle East Africa outcomes. I expect the new structure December 31, 2020,” the filing said.
GOVT TO ALLOCATE RS 10,000 CR MORE FOR PM GARIB KALYAN ROZGAR YOJANA
The Centre will allocate an for creating new employment in the
additional amount of Rs formal sector, Sitharaman said the
10,000 crore for the Prime government would come up with
Minister Garib Kalyan ‘Atmanirbhar Bharat Rozgar Yojana’ to
Rozgar Yojana in a bid to boost rural incentivise creation of new employment
employment amid the pandemic, opportunities during the Covid-
The scheme, which includes various recovery phase.
employment generating schemes The employment scheme, effective
including the MGNREGs, PMGSY from October 1, will be applicable to
among others, is in progress in 116 ‘Atmanirbhar Bharat 1.0’. eligible new employees joining the
districts and Rs 37,543 crore has been As on date, Rs 73,504 crore has been EPFO-registered establishments and
spent till date as per government data. released under the MGNREGS and for those who exited these concerns
The Centre had provided Rs 61,500 251 crore person-days of employment during the Covid pandemic (March
crore for MGNREGS in the budget have been generated as per the Finance 1-September 30, 2020) and were
for 2020-21. An amount of Rs 40,000 Ministry. drawing monthly wages of less than Rs
crore was additionally provided in Announcing another major scheme 15,000.
9 November 2020 www.sightsinplus.com