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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
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