The newly appointed Infosys CEO and MD, Salil Parekh takes charge today as the Indian IT major aims to create a positive work culture, revive growth and boost revenue under his aegis.
It will be interesting to look out for whether Parekh strategizes on any ambitious revenue and margin target, something Sikka could not establish. “It will be important that he should not over promise on growth or margins when he does this. A major problem of past Infosys leadership has been setting unrealistic expectations at a time of industry change. He will need flexibility on margins as he builds the new digital Infosys and flexibility on growth as the new digital business cannibalizes the legacy book of business,” ET quoted Peter Bendor-Samuel, CEO of Everest Group, as saying.