Infosys charts a new path in 2018 with the arrival of CEO Salil Parekh who took over on January 2.
Infosys charts a new path in 2018 with the arrival of CEO Salil Parekh who took over on January 2. Parekh, who spent considerable time with French IT services major Capgemini, has a tall task of revitalising the company, which once enjoyed a bellwether status for the Indian IT industry. He said his interaction with Infosys chairman
Nandan Nilekani and the board has given him the confidence to build a stronger company. Edited excerpts of his interaction with media:
What will be your key priority areas at Infosys?
The thinking today is we have started with the strategy refresh that Nandan has initiated and we have launched the exercise of review along the four pillars he has set. We want to drive that through over the next three months and from that we will develop what our go forward approach will be. We are very clear that the market has evolved and digital is a critical element of that market.
Will there be a top-level realignment following the exit of president Rajesh Murthy?
I am in the process of reviewing where the portfolio goes. I will work with these individuals directly in the coming days and weeks and then over time we redesign that portfolio.
How do you plan to manage the relationship with founders?
As far as the relationship with the founders is concerned, this is a company that has phenomenal experience. (It was) Started by people who had tremendous vision, they had created something which will last a very long time. Everything what I have seen in the company reconfirms that for me. My hope and expectation would be to get connected with the founders in the sense of the original people who started the company and pay respect to them in that line. Beyond
that, any other interaction will be in a social environment as we had very recently at an event.
Will you continue some of the initiatives launched by your predecessor?
A brief answer on the overall scheme. Anything what we see is working and beneficial for our clients and for the company will be continued.
Do you envisage any layoffs as you move towards a digital-led business model?
I think our focus today is to make sure as we grow into the new areas, we offer the opportunity of reskilling to all of our employees. Beyond that all our operating metrics already show high level of utilisation, we have real strong demand in the market. So, I would say that we don’t have any such plans and it is not part of the three months exercise at all.
What to you would be a stronger Infosys?
I think we are a company that will do more and more work with clients that feel more connected to us. That would be a sign of strength. Another would be a company that our employees are proud of. It can be a company which has more respect. Those are things we will examine in the course of the refresh and break it to strategic priority.