Rishad Premji, Executive Chairman of Wipro, on Wednesday (January 17) underscored the resilience of the company's leadership and asserted that the team is firmly aligned with both the execution strategy of the management and the visionary goals set by the promoters.
This comes after Wipro experienced close to 10 top level exits last calendar year, with many of its executives joining rival companies.
Speaking to CNBC-TV18's Shereen Bhan on the sidelines of the Davos World Economic Forum (WEF) 2024, Premji said, "We have a strong, stable leadership team and an organisation of risk transforming and doing different things, we're always going to have some people that come in and out."
Addressing the leadership team's capability, Premji emphasised, "If you're supremely confident, I think we're doing the right things, we are on a journey of change."
He highlighted the stability and strength of Wipro's leadership, asserting that the team is aligned with both the execution strategy of the management and the vision of the promoters.
Premji acknowledged the dynamic nature of the industry, stating, "We're always going to have some people that come in and out. And so that doesn't surprise me, that doesn't destabilise us." This recognition of the inherent fluidity in personnel is indicative of Wipro's adaptability and resilience in the face of organisational changes.
When questioned about the company's overall sentiment, Premji said, "We're incredibly excited, incredibly strong. With deep rehab and the team, we believe in very, very clearly an alignment between the execution strategy of the management as well as the vision of the promoters. Absolutely."
While acknowledging the catch-up game with peers, Premji asserted confidence in the company's approach. "We have a strong, stable leadership team and an organisation risk-transforming and doing different things," he added.
