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IBS Center for Management Research
Wipro at Crossroads: The Failed Dual CEO Structure
This case was written by Hadiya Faheem, under the direction of G V Muralidhara, IBS Hyderabad.
It was compiled from published sources, and is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation.
2013, IBS Center for Management Research
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Wipro, the third largest player in the Indian Information Technology (IT) industry, had traditionally focused on investment banking in the Banking, Financial Services, and Insurance (BFSI) vertical, and on the telecom sector. Both these segments had reportedly taken a beating in recent years.
While the investment banking segment had reported muted growth, the fact that clients in the telecommunications sector, especially in Europe, were reducing their technology spend had also negatively impacted Wipro’s performance. In addition to this, the company’s dual CEO structure adopted in April 2008 did not yield the expected results. This, according to analysts, was because the two CEOs – Girish Paranjpe (Paranjpe) and Suresh Vaswani (Vaswani) — did not focus on key segments that helped Indian IT companies recover growth post the global financial crisis 10.
Thus, Wipro lagged behind its peers such as TCS and Infosys.
To arrest the decline in sales and profitability, Wipro’s founder and executive chairman, Azim
Hasham Premji (Premji), scrapped the dual CEO structure in January 2011, to make way for company veteran and head of the Eco Energy Business, TK Kurien (Kurien), to take over. In a bid to turn around the company, Kurien restructured the organization to make it nimbler and focused on key segments such as the BFSI and consulting to chase growth. Moreover, the single CEO model was also adopted to ensure that Wipro
Terms of reference – This report has been asked for by Veronica Cozens, class tutor. The report asks to:
The purpose of this report was to provide a response to the following questions by referring to the concepts covered in the text and discussed in class.
***NOTE: These questions are a formal writing assignment. Your responses MUST be typed, MUST be in your hand on the day of the seminar, and MUST include full paragraphs and specific references to the text, including page numbers, in order to receive credit. The responses will not be accepted late, and students who show up without a printed copy of their answers will receive a zero for both the written grade and for the discussion. Each answer should be AT LEAST one full paragraph, and some may be longer.
Analyze Luxford & Anor v Sidhu & 3 others [2007] NSWSC 1356 (3 December 2007) as follows:
1. The paper fulfills the purpose of the assignment as described in the syllabus and in this document (up to 10 points)
Please watch the recorded lecture and following along with the PPT under Module: Week 4. As you go through the PPT you are prompted to respond to certain questions below. Your responses should include citations and evidence to support in APA when appropriate. Once completed post this worksheet with your responses with the appropriate Assignment Module by Sunday 8 am.
The structure of this assignment is comprehensive and integrative. It requires synthesis and evaluation of information, skills and knowledge developed throughout your degree program. This final 8 week project (introduced the 1st week of the class) will serve as a culminating project.
The source of law that I believe this case applies to based on the facts provide would be case
Based on the case Saminathan v. PP [1937] MLJ 38. This is a case which decide on matter of illegally obtained evidence.
This is the final course assignment. When completing this assignment, keep in mind it is intended to capture the many concepts addressed in this course. As such, do not limit your content to just one aspect of the course. Also, be sure to write the essay as a scholarly assignment meaning there should be liberal use of citations of the course texts and notes in completing the assignment.
|Answer : The Indian IT industry has been the great success story of India's liberalisation. Starting with an export of around $100 million and |
During research of this topic, a problem statement has been formulated that I believe requires some researching into. As with any problem statement, it needs to address the 6 questions that always would get asked concerning research worthy problem statements namely.
from published sources, and is intended to be used as a basis for class discussion rather than to illustrate either effective or
was forced to restructure the group structure and strategy with respect to the changing environment.
I would like to say that it is a pleasure to me for work as a consultant of Micawber Capital for the reason that in this way I can recommend various strategies to solve the issues. According to my point of the corporate structure of the Micawber Capital must include organize by function, combine functions, create a chain of command and communicate your structure. The corporate structure and the organization of the Micawber need some amendment in their function, corporate social responsibilities. The corporate social responsibility will play a significant role in the development of the Micawber Capital for the reason that without CSR the companies did not survive. I will also recommend to Micawber that improve the human resource management department for the reason that without the improvement and excellent working of the HRM the organization did not survive. The Micawber must keep in mind the culture of the India for the without recognizing the culture did not able to work.