Infosys Looking For Non-founder CEO
Advertisement
Advertisement
Indian IT giant The company's board wants to appoint a person who can act as a ‘strategy guru’ and articulate the company’s propositions in the boardrooms of the world's top corporations, as per sources.
"It's an ideal scenario if the company is able to find a visionary leader from the world of technology," a source said. Infosys did not comment on this story.
Infosys’ founder NR
Murthy has been emphasising on minimising costs and aggressively bidding for contracts to develop and maintain software applications. The primary challenge for Infosys is to increase revenues from newer technologies like Cloud computing and data analytics.
Advertisement
"Murthy wants to make sure Infosys does not become irrelevant; not at least when he's handing over the baton to another chairman," a source said.
Infosys is facing the twin challenges of adapting to the changes in the world of technology and simultaneously putting a leadership structure in place. Its low-cost global delivery model has been replicated by its rivals like
"Chief Information Officers (CIO) are now looking for vendors and partners who are capable of having conversations with their CEOs and boards. The old world IT services executives are not good enough," said the CIO of a US-based client. Rishikesha T Krishnan, director and professor of Strategy at IIM-Indore, said that the industry is full of people with good execution skills, but they have little ability to handle changing business models.
"You do need unorthodox solutions to tackle this. Getting somebody from outside the services industry is an option," he said.
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador
- Maruti Suzuki Q4 net profit rises 47.8% to ₹3,877.8 crore
- 10 Incredible destinations for backpackers in India
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market