Tech Mahindra is creating a larger bench of executives as part of its succession planning that includes leaders in key countries where it has significant business to ensure that there is little business disruption for the clients. The expanded bench would cover around 200 executives instead of the 25-30 leaders it identifies at a corporate level, Tech Mahindra CEO CP Gurnani told ET in an interview.
Analysts believe succession planning could be smooth since the company has steadily become a “formidable force” and “morphed dramatically under CP’s guidance”.
“Everybody was worried about (Tata Group chairman) N Chandra(sekaran) moving on from TCS, but the company is doing fine,” said Sanchit Vir Gogia, chief executive, Greyhound Research.
“TechM’s growth has been aspirational even though there have been hits and misses. At some time, the $5 billion revenue was aspirational, but the firm is getting closer,” said Gogia.
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.
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