Wipro’s leadership level, company’s chairman Rishad A. Premji, said the IT major has bred several CEOs that have gone out to build organisations, and it prides itself for being an entrepreneurial company.
Speaking to shareholders in the virtual meeting, Premji said, “We pride ourselves that we have been an entrepreneurial company through our history. We have bred many many CEOs who have gone out to build organisations. The reality is sometimes people have opportunities that give them a bigger leap in their career, so people leave for those opportunities.”
“…we empower people when they are young, we give opportunities to grow when they are young, and we think we have created enough opportunities to be highly decentralised and highly empowered leaders joining their businesses. Entrepreneurial spirit is the secret sauce of Wipro and that continues,” he added.
Joining ranks, independent director Deepak Satwalekar added that the leadership and strategic processes are done not just at the board level but through the various board committees.
“One of the more important areas we focus, and cover is succession planning. We are happy to say this year, the processes have gone smoothly because we have had a smooth transition at the CEO and the CFO level. The