Wipro has announced a major organisational restructuring with streamlining of business units and geographies under its new CEO Thierry Delaporte.
Wipro CEO said it will replace its current structure of seven strategic business units, service lines and nine geographies with four Strategic Market Units (SMUs) and two Global Business Lines (GBLs).
On the new model, Thierry said, “For long now, our growth has been largely dependent on the US market. It is important that we broad base our growth. The new model seeks to achieve just this. 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 added the current complex delivery structure with multiple delivery units will be replaced by a simple delivery model that will yield economies of scale. These changes will be effective January 1, 2021.