Vishal Sikka, a notable signature in the Software business, is now facing challenges and difficulties to build a well-built senior management unit at Infosys Ltd?
That’s the question being directed by some of the officials within the organization as the CEO grapples with the hurdle of recognizing leaders who can head respective units.
In August 2014, After taking over the charge as the first non-founder chief executive of Infosys, Sikka has barely put a foot wrong. But the constant change in leadership of various departments is kicking business, with some units crawling behind Infosys’s overall growth.
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Sikka has already turned two of his judgments on leaders of business divisions in less than 18 months, even as 3 other officials jobbed with strengthening Infosys’s three divisions have left the firm.
In Pune, last month, Sikka said “I have to candidly say that some of the exits were related to performance,” During Sikka’s ownership, 6 executive vice-presidents, and 8 senior vice-presidents have resigned from the organisation.
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This is true as Sikka did send out a strict message to the company’s senior executives ‘shape up or ship out.’
But the question arises is why Sikka first designated officials, in order to move them later.
A senior executive said “The question is not why there are so many exits even after two years, although by now there should be some stability. But why did the CEO appoint leaders in the first place, only to move them out later?”.
In December 2014, just after 3 months taking the command, Sikka succeeded Deepak Padaki with Ritika Suri as the head of M&A (mergers and acquisitions). Suri, Sikka’s former colleague at SAP AG, was also given the extra mandate of supervising Infosys’s $500 million Innovation Fund.
However, in July this year, Padaki was ordered to return back to head M&A even as Suri was asked to head the huge deals unit at the firm.
Infosys assumes $1.5 billion in new revenue from buyouts being part of Sikka’s determined target of knocking $20 billion in revenue by March 2021.
Meanwhile, three officials who were selected by Sikka have resigned from the organisation, putting more mysteries about the effort to build a well-built leadership unit