During the restoration, we had to deal with many challenges. Companies are banking upon big data and analytics. Once I got into the business side, the first thing I did was project management. Our mothership Makers Lab is in Pune but today we have labs in Bangalore, Chennai and Hyderabad as well. Against the popular perception of being too big in size and integrated in their approach to disruptive innovation, big companies are nurturing aspiring entrepreneurs within and outside the company to embrace open innovation, signalling the rise of “corporate garage” in India. Innovation and disruption happen within the organisation when a vortex of the following happens: Innovation is never just a word it’s a state of mind and at Tech Mahindra we innovate for the future. I have always believed in the power of empowerment and fostering entrepreneurship in people. Saral Rozgar and Microgrid could raise money by the end of this year. The biggest question is will machines or robots replace human beings, in this industry? C P Gurnani, MD & CEO, Tech Mahindra shares his insights on Winning in the Age of Disruption at AIMAâs 4th National Leadership Conclave 2018. The biggest priority post the acquisition of Satyam was restoring trust among various stakeholders. I try and maintain my fitness regime as much as possible. Strategic planning is a way to help an organisation be more productive by helping guide the allocation of resources in order to achieve goals. However, how each organisation deploys these strategies is what makes it different and successful. Our daughter Sanya is an entrepreneur, who has graduated from the Harvard Business School, and is currently working in California. We had to find some kind of a game changer and Satyam was an opportunity.” Satyam brought with it customers in the banking, healthcare and retail industries. The first and foremost was how to bring all employees to see a common purpose. With Western Europe, the US, South Korea, Japan and even China ageing, this demographic potential offers India and its growing economy an unprecedented edge that economists believe could add a significant 2 per cent to the GDP growth rate. In the CHANGE section, we enable our customers to change their service offerings/portfolio to their customers so that they are ready for today, tomorrow and the future. In 2009, when Anand Mahindra acquired the scam-hit Satyam Computer Services â the IT major whose founder B Ramalinga Raju had cooked its books to the tune of $1 billion â he handed over the momentous task of bringing the company back from the dead to CP Gurnani, then heading the international operations at Tech Mahindra. Mr CP Gurnani, the CEO and Managing Director of Tech Mahindra, is the present Chairman of NASSCOM for FY 16 â 17. The purpose of strategic planning is to develop a three- to five-year blueprint for the organisation’s future. Politics. ... vacuum your house and toss treats to â¦ Thatâs when Mahindra turned to CP Gurnani, who was then heading international operations at Tech Mahindra, an IT firm owned by the Mahindra Group. The era of the customer reaching out to the product is gone. At Tech Mahindra, we’ve created a corporate environment based on encouraging employee initiative, delegation of authority and strong career development. For organisations to be successful, I believe it’s important for them to nurture a culture that enables their employees to be aligned to the core purpose and follow it. Asus ROG Zephyrus S15 review. Meanwhile, I got an admission offer from FMS (Faculty of Management Studies) in Delhi but decided not to take it because I was having fun in my career. In 2013, Mahindra Satyam merged with Tech Mahindra, and it is today the fifth- largest IT services company in India with $4.05 billion in revenue and $477 million in net profit (March 2016), and over 100,000 employees. That means encouraging and appropriately rewarding innovation so that individuals are willing to test the status quo and take the risks that go hand in hand with defining new products and services. This leadership imperative reinforces the need for the board of directors to focus on critical issues and policy challenges versus administrative details and programmatic implementation. COVAXIN. If you look at our acquisition history, leaving aside Satyam, you won’t find any big bang or large acquisition. I see increased focus by the industry on things like intellectual property (IP) development, the creation of products and platforms and embracing of newer technologies like automation in the days to come. CP Gurnani, MD of Tech Mahindra, talks about the currency of people management and how it's helping create India 4.0. Get more India News and Business News on Zee Business. The initiatives I pursue outside my corporate life are connected to that of my family. He told us, Woh sab chhod. His leadership style encourages entrepreneurship and empowerment, rewards and recognition, open communication, and transparency. The traditional business model has not disrupted but it is evolving and it essentially means broadening of services by IT players to take ownership of the entire spectrum of customer applications. He has extensive experience in international business development, start-ups and turnarounds, â¦ Aarogya Setu: Six Questions for the Centre on the COVID-19 Contact Tracing App. Gurnani, the CEO and managing director of Tech Mahindra and chairman of Nasscom, is today the poster boy of the Indian technology industry, known for his outstanding leadership abilities, be it transforming businesses, developing international business, handling mergers and acquisitions, or nurturing start- ups and responding to disruption. ETTelecom.com brings latest cp gurnani news, views and updates from all top sources for the Indian Telecom industry. In our country today, we have a 500 million young minds, that is, people who are <20 years. Innovative start-ups and disruptive technologies have together created exciting times for our country. CP Gurnani, CEO, Mahindra Satyam speaks to NDTV Profit about its Q4 results, which were above estimates. If you do that, your legacy as CEO won’t simply be about what you did while you had the job, it will be what you prepared the company to achieve long after. The Indian IT services industry owes its origin to cost arbitrage, so in a way, the industry has traditionally been heavily people-dependent. I am seeing the industry is reaching a level of maturity as it gets ready to cater to a brave new world as the world is increasingly becoming interconnected with the proliferation of smart devices and smartphones. We call him and bring him up to speed on what has happened. Transparency, communications and the ability to take swift decisions are some of the other aspects. In a nutshell, there are three things that big data can do for business: It can improve top line through unprecedented personalisation at scale. âSaral Rozgar and Microgrid could raise external money by the end of this year. The move is aimed at turning these entities into standalone companies. CP Gurnani (popularly known as âCPâ within his peer group), is the Chief Executive Officer and Managing Director of TechMahindra. Watch him speaking at the â¦ In order to align with that strategy, we have recently changed our brand positioning to reflect that. We felt there was much more to be done around IoT, augmented reality and visual reality, and other such technologies. While he was interacting with the media, it was very interesting to gather some of his insights on change, managing that change, and how NASSCOM is working with varied stakeholders to enable the ecosystem to be future- ready. This will certainly result in improved efficiencies. Strangely, living out of suitcases and sleeping on beds made of trunks didn’t seem odd actually! We accomplish our goals by means of the strategies we devise for each goal. CP Gurnani, MD & CEO, Tech Mahindra, said, âWeâre delighted to welcome BORN Group to the Tech Mahindra family. Read Excerpts below â We believe in theâ¦ So while we change our portfolio and service line, which is reflected in our approach towards DAVID strategy (DAVID is short for Digitalisation, Automation, Verticalisation, Innovation and Disruption), we have laid a clear goal on how to approach each customer and each account, and this model is called RUN, CHANGE and GROW. We at Tech Mahindra, maybe because of our DNA in the communications business, understand the “connectedness” in the world much better and have positioned ourselves as a formidable player to provide “connected experiences” to clients. IMC2020: Tech Mahindra MD CP Gurnani bats for 5G to con.. Tech Mahindra's managing director (MD) and CEO CP Gurnani said 5G will be the glue that will bind the digital future of India and bring in i.. Challenging conventional thinking has been our north star. Titliyan is a non-profit organisation run for underprivileged kids, dedicated to improving lives through education and I encourage you to visit http://www.titliyan.org/. This includes the IRIS (Ideate, Refine, Implement, Shine), intrapreneurship programme, Makers Labs, innovation with start-ups, portfolio management, university collaboration and campus connects and finally in-house IPR. Succession planning should not only be about reducing risk; it has to be about finding the best successors. Our investment in the US-based big data and analytics start-up FixStream in 2014 is one such example. He hears us out and doesnât even bat an eyelid. For example, in today’s dynamic environment, decisions must be made quickly. The good news is that whether it is the former or the latter, it is entirely within management’s control. CP Gurnani is CEO and managing director of Tech Mahindra. We already have some aspect of XRetail being used by a large retail player in Latin America. Finally, our GROW section is built around constructing new revenue- generating partnerships with customers by taking a leadership position in the new connected world propelled by IoT (internet of things) and smart devices. To me, the future would not belong to those who graduate from B-schools alone; the future would be ruled by the ones who apply those learnings, as entrepreneurial managers. He succeeds BVR Mohan Reddy, who served as Chairman of NASSCOM for 2015-16. Success is never his alone. This perhaps looks quite far-fetched, but certainly a lot of the low-end repetitive and mundane works in the industry is increasingly mechanised. 606, 6th Floor, DLF Saket Court, Saket District Center. Talent can be an organisation’s greatest asset or liability. The communication themes should include things like shaping their organisations to be more nimble and flexible, less hierarchical, and more networked. MUMBAI: Tech Mahindra, the IT arm of Mahindra Group, expects two of its in-house startups to raise external funds by the end of 2016 as part of its plans to turn these entities into standalone companies. Within a year-and-half, the company that most industry pundits predicted would not survive, now christened Mahindra Satyam, was back on track. Our son Ashish is a co-founder of the start-up PostFold along with Aashray Tathai. CP Gurnani | Print Edition: February 9, 2020. Speaking on the occasion, Mr. CP Gurnani, Chairman, NASSCOM, stated, âGICs are an integral part of the Indian IT-BPM sector and have played a stellar role in contributing to the growth journey of this industry. Italian engineer and designer, Paolo Pininfarina with CEO and MD of Tech Mahindra, CP Gurnani Earlier we had reported that the Mahindra Group â¦ It's a great opportunity for India,' Tech Mahindra MD and CEO CP Gurnani said at India Mobile Congress 2020. Connected Experiences.”. I enjoy spending time with my family and close friends. For us, the Mahindra’s core purpose of challenging conventional thinking has been our North Star. Agility is a key factor in attracting the best talent and establishing a stronger employee value proposition. To begin with, there is no single model for success. In 2009, when Anand Mahindra acquired the scam-hit Satyam Computer Services — the IT major whose founder B Ramalinga Raju had cooked its books to the tune of $1 billion — he handed over the momentous task of bringing the company back from the dead to CP Gurnani, then heading the international operations at Tech Mahindra. The WHY was important as it meant we were empathetic to our consumers’ needs; we knew what they wanted. Managing Director And Chief Executive Officer, Tech Mahindra. ... which is why more and more organisations are willing to nurture in-house talent and make them ready for future roles. We knew that the technology world would only become focused on something called “smart machines”. Before this, he used to work for Amazon in Seattle. Tech Mahindraâs CP Gurnani, MD & CEO and Manoj Bhatt, CFO, talk about the quarterly numbers that the company has posted, margins, $290 million deal win, future of digital contracts and recovery in the global market among others during an exclusive interview with Swati Khandelwal, Zee Business. Makers Lab has, in the period since it began, come out with three platforms. In an interview with Amit Ranjan Rai, Gurnani speaks on his priorities for Tech Mahindra and how he plans to keep it ahead of the game in this age of disruption. By 2020, the average age in India will be 29 and it is set to become the world’s youngest country with 64 per cent of its population in the working age group. The mill would have kept us comfortable but Baba had a paralytic stroke and my father had no interest in running it. During my days as an engineering student at REC Rourkela, I got to experience cultures and explore multiple opportunities, be it through Rotaract or through campus programmes, and experiment with several new ideas. Therefore, it is critical that leaders demonstrate agility by empowering others to make decisions rather than limiting decision-making to a select few at the top. Things like automation and DevOps to ship products and changes to customers faster, cognitive computing, artificial intelligence (AI) and machine learning to draw inferences from the data and challenging the given norm of doing things by applying innovative yet sustainable techniques are some of those pillars which have and would continue to have profound impact on the outsourcing industry in the near future. And that passion to experiment and challenge conventional thinking throughout my life has probably been the bedrock of my success. We would be opening one lab in Ipswich (UK) very soon and we have a customer co– innovation lab in the US. We have a six-pillar innovation strategy. A year or two back, the discussion, when it came to digital, was on DevOps and automation. There have been several defining moments that have shaped my journey — transforming Satyam, being appointed the Chairman of Nasscom, joining the Wall Street Journal CEO Council among many others. National Association of Software and Services Companies (NASSCOM) has announced the appointment of CP Gurnani as its Chairman for 2016-2017. Tech Mahindra has successfully created a Great Place to Work FOR ALL their employees as they have excelled on the 5 dimensions that are a hallmark of a High-Trust, High-Performance Cultureâ¢ â Credibility, Respect, Fairness, Pride and Camaraderie. The other big challenge was how we hold on to available talent while simultaneously being able to attract new talent into the system. Secret Diary Of CP Gurnani Part-2 | ... We couldnât reach him so we decided to go to his house, where he was hosting a Diwali party. This acquisition augments Tech Mahindra’s digital portfolio — digital strategy, service design and customer experience. To build such a workforce, leaders must themselves demonstrate agility and embed it into the way work is done throughout the organisation. My wife Anu runs an NGO called Titliyan, having sacrificed her promising career at the Canadian High Commission.