Infosys is using an algorithm to identify its next top-level leaders
Infosys EVP Krishnamurthy Shankar told ET that the new leadership programmes put in place by the company aims at grooming and developing leaders from different levels of the company.
Also read: Infosys to invest $15 million in an Indian VC fund
"We are also starting various other programmes that are helping build the leadership part. What we've done is we've tried to identify the people who've started with the top 25 people and we've tried to figure out what should be the development each of them should go through as we look for them to achieve their own potential. We've been working with each of them - it's a process that will take time," said Shankar.
He added that the new programmes implemented are separate from the current tie-up that they have with Stanford University, where the focus is on executive leadership development.
"We've been working closely with the leadership team. It's not just about putting a programme in place. The programme has to achieve some goals," said Shankar. "We want to look 3-5 years down the line and figure out what kind of leaders we want. That's the area on which we're focussing on internally."
With predictive algorithms, the company can control employee attrition, just like several other companies have been doing.
"We've developed a predictive analytics tool or rather an algorithm which identifies who are the people who are at risk of leaving," Shankar concluded.
- Airtel's India business is back in the black after a very long time
- Sequoia and PayPal-backed Pine Labs completes a first close of $285 million funding round from new investors
- BJP spent significantly less on advertising during Kerala elections this year, its ad insertions on TV, Radio and Print decreased from 21% in 2016 to 1% in 2021
- Google I/O 2021: Here's what to expect from Google's biggest annual conference
- ISRO announces its decision to share technology to make portable medical oxygen concentrators developed by VSSC