Wipro Analyst Meet: A New, Bolder Wipro Is Growth-Obsessed And More Ambitious: Dolat Capital
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Dolat Capital Report
Wipro Investor Day’s theme revolved around highlighting its new bold avatar which is more ambitious and willing to take risk. It shared the significant changes made in the last 12 months which gives its’ leadership more confidence for the future.
Cultural Transformation: Wipro has undergone a marked cultural transformation which includes building a diverse leadership team, introduction of five habits initiative and a new operating model with reduced number of P&L.
Growth Focus: Wipro had initially re-prioritized certain geographies. Today, Wipro shared that four (out of six) prioritized European countries have turned around by growing ahead of company.
Client Obsession: The new structure and global account executive has allowed Wipro to be closer to clients.
Wipro + Capco brings new opportunities: The partnership has brought 45 deals across 20 clients in the pipeline (20+ deals closed with 15 clients already).
Talent Investments to Continue: Wipro shared that the demand for talent is outstripping the supply and this trend can continue until companies think innovatively.
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