kartik kannan's space on the web

Exit .....


Suprisingly, there was not much speculation and brouhaha over vivek paul(former CEO of Wipro) quitting wipro for Texas systems as was witnessed when tremors over the ambani empire broke out.Wipro's stock seems quite secure ...unlike Reliance,where the share prices were affected when the rumours of a "power battle" between the ambanis was to follow. This is probably because the Majority of wipro's stocks (well above 80 percent ) is held by Azim Premji , the Promoter.

So how much would that news actually impact India ,rather than just impact Wipro ? I personally believe that these high honchos who ultimately resign for greener pastures are doing India's GDP a great favour by moving out of the big profile companies and joining smaller ones or venture into starting newer ones. How ? one may ask.... well it's just that these people (say for example ...Vivek paul ) steer the company they head to a level from where they can hand over the reigns to their juniors who can mange the show without much difficulty,as the only thing required from the people who take over would be to follow the exisiting structure in a disciplined form...It is because there are such highly enthusiastic people ....that one finds that people tend to shift over companies,as they realise that intellectually not much requires to be achieved , after framing and implementing the core business or logic.

With WIPRO an estabilished Brand, there probably seems lesser challenges for Vivek paul ,so to fuel his thirst for dynamic challenges ,he feels a change to a smaller/different nature of business
would provide him a situation to start all over again. Thus he starts or helps another smaller company to scale over their existing levels.

A sinilar case is Phaneesh Murthy,former Infosys head of US operations ...who now has leverages all his kowledge and experience at Infosys , now by heading I-gate Global solutions.


So the next time u read a headline saying some high profile honcho has quit a big company, it may be the company's loss , but is India's gain .... if the larger scheme of things are looked at.