My priority is to instill confidence in Infy: Sikka

Tags: News
Vishal Sikka, the former executive board member of German software giant SAP, on Friday took over the reins of Infosys as the first non-founder and outsider to lead the iconic firm. Coming at a time when the company is in desperate need of inspiring leadership, Sikka reassured the employees, saying his priority would be to instill confidence in the company.

“My priority is to instill a sense of confidence in the company that we have the ability to go after the great problems of our times and demonstrate that in our results… I want each of us to feel proud in what we do. Infosys is no more or no less than us. It is not the (physical) stru­ctures, but its people,” he stressed.

Sikka identified his top three focus areas in a video chat with an Infosys employee as “continuing to learn, continuing to get better at what the company does and to lay out directions without disrupting the foundations of the company”.

“We must then quickly augment this with some great new things by going after software opportunities with clients — to create next-generation, intelligent solutions,” he said. The chat was posted on the Infosys website.

Sikka said the country’s second largest software services firm will work with startups to drive scale and business.

“We will work with the startup community — amplifying their reach and accelerating their roadmaps. Our board and shareholders have approved a $100 million fund to focus on startups. We will further reinforce our focus on intellectual property, products and platforms, to drive new scale and new economics. By laying greater emphasis on improving our ability to learn and to identify opportunities of the future, we will build a sustainable business,” he said in a letter to the employees.

Sikka said the firm needs to improve on the way it works on projects, the way it manages people and clients. Basically, improve the way it has been doing business, continue to get better at that.

Analysts seem to have high hopes from Sikka. Sarabjit Kour Nangra, vice-president of research – IT at Angel Broking, said: “The new CEO plans to deliver high operating margins and also to put the unutilised cash on books to use by scouting for acquisitions.”

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