Home > News Shots > Business

By Vinershea | Nov 14, 2020 07:48 PM

IT major Wipro will follow a new operating model from January to bring the best of "Wipro closer to its customers". 

wipro announces new operating model effective from january 1 2021

The company said that Wipro will replace the current structure of various strategic business units, service lines and geographies with four strategic market units (SMUs) and two global business lines which will be effective from January 1, 2021. 

Meanwhile in a regulatory filing, Wipro also stated that it is bringing in an operating model "marked by simplicity" to bring the company closer to its customers.

wipro announces new operating model effective from january 1 2021

"The changes are effective from January 1, 2021. We will continue with our current operating model and external reporting for the quarter ended December 31, 2020," the filing read. However, the four Strategic Market Units will be Americas 1, Americas 2, Europe and Asia Pacific Middle East Africa (APMEA). While Americas 1 and Americas 2 will be organised by sectors, Europe and APMEA will be structured by countries. 

In Americas 1, it will include Healthcare & Medical Devices, Consumer Goods & Lifesciences, Retail, Transportation & Services, Communication, Media & Info services, Tech Products & Platforms and Latin America, Americas 2 will include Banking, Securities, Investment Banking & Insurance, Manufacturing, Hi-tech, Energy & Utilities and Canada.

wipro announces new operating model effective from january 1 2021

Looking into Europe, it will include the following six regions: UK and Ireland, Switzerland, Germany, Benelux, Nordics and Southern Europe while APMEA will include 6 regions which are Australia & New Zealand, India, Middle East, South East Asia, Japan and Africa. The SMUs in Europe and APMEA will be responsible for all industry sectors in these regions.

Also in an email to employees, Wipro CEO Thierry Delaporte said the company's growth has been largely dependent on the US market, and noted that it is important that the company broad base its growth. "Effective January 1, 2021, we will replace the current structure of seven Strategic Business Units, Service Lines and nine geographies with four Strategic Market Units (SMUs) and two Global Business Lines (GBLs)...Besides ensuring adequate sector and domain focus in our go-to-market and execution, the new operating model will help drive growth in non-US markets," he said.

wipro announces new operating model effective from january 1 2021

"I have no doubt that an operating model marked by fewer layers, empowered P&L owners, and clearly defined ownership of performance metrics, underpinned by a simpler and more customer-focused delivery model will help us meet our desired outcomes. I expect the new structure to bring the best of Wipro closer to customers," Delaporte added. 

அரசியல், விளையாட்டு, நாட்டுநடப்பு, குற்ற சம்பவங்கள், வர்த்தகம், தொழில்நுட்பம், சினிமா, வாழ்க்கை முறை என பலதரப்பட்ட சுவாரஸ்யமான செய்திகளை தமிழில் படிக்க இங்கு கிளிக் செய்யவும்      



This page contains news relating to various facts and events. The views are generally about current affiars and general topics in diversified areas such as political, international, national, and regional issues, sports, health, travel, lifestyle, technology and business. People having similar interets on the above topics will find this page useful. Wipro announces new operating model effective from january 1 2021 | Business News.