Infosys’ new CEO Salil Parekh on Friday said he would lay out strategic priorities for the company by April, for which a review is under way.
In his first media interaction after taking charge on January 2, Mr. Parekh said his immediate priorities would include connecting with employees and clients to build a “road map for future” that would be announced in April.
Mr. Parekh said that each client faced digital disruption, creating an opportunity for the company.
Review structured around 4 dimensions
Building on the strategy initiated by chairman Nandan Nilekani, the company was conducting a review structured around four dimensions: new market opportunities, client relationships, people, and service offering portfolio.
“Over the next three months, I am meeting with several of our clients, employees, partners... working with our leadership team and the Board to test the assumption and the approach and then build a comprehensive view along with four critical elements,” he said.
The entire exercise would end by April when he would lay out the “strategic priorities” for the company going forward.
Mr. Parekh was brought on board after Vishal Sikka abruptly resigned in August following a public spat with company co-founders led by N.R. Narayana Murthy. They had alleged corporate governance lapses, and questioned the USD 200 million Panaya acquisition under previous management while also flagging the high severance pay to former employees.
Under Mr. Parekh, Infosys is now attempting to bring the focus back on growth and business.
