http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
Wipro's journey towards regaining a market leadership position
The case explains how Thierry Delaporte, a newly appointed non-Indian CEO of Wipro Ltd., enhanced the performance of the IT firm when it was losing its market leadership position in the Indian IT sector. Wipro is an India-based family business with significant investments in IT. A citizen of France, Delaporte restructured the company and enhanced the acquisitions spree of Wipro without visiting India, managing all operations online from his home country. By October 2021, Delaporte had beaten investors' revenue expectations for the second quarter of 2021, but Wipro reported a 9% decline in profit for the second quarter of 2021 compared to 2020. However, this loss was attributed to the costly acquisition of Capco. Would Delaporte help Wipro regain its leading position in the Indian IT industry? Should he refine his strategies or continue the course? Was the Wipro board's decision to hire Delaporte appropriate, or should Wipro have hired a local country executive?The case encourages students to explore how to successfully restructure a business. It also helps students evaluate the challenges and advantages of hiring foreign CEOs.
Arpita Agnihotri and Saurabh Bhattacharya.