Infosys does a TCS, breaks down business into smaller units to be lead by next-gen leaders
Advertisement
Advertisement
The smaller units, or businesses will be handled by the next generation of management.
Since
Last week, Sikka told analysts in Pune that he was breaking up the company into more autonomous units with profit and loss (PNL) responsibilities.
"It gives us scalability, it gives us isolation and accountability of individuals," Sikka told analysts in Pune.
Advertisement
"Infosys has just three members of its management team ultimately responsible for all verticals among themselves (all three are presidents) vs eight vertical heads at TCS," said Viju George, analyst with JPMorgan.
TCS had split its company into smaller units in 2009 and had 23 'mini CEOS'.
Advertisement
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
- Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record
- Global smartphone shipments grow by 6% in Q1 2024, Samsung retakes the top spot
- Adani Green Energy Q4 net profit declines 39 pc to Rs 310 cr due to rising expenses
- Rupee rises 3 paise to end at 83.43 against US dollar
- 500 times faster than 5g! Japanese companies unveil 6g internet that can stream 5 HD movies at once
- Nothing Phone (2a) blue edition launched
- 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