Subject category:
Human Resource Management / Organisational Behaviour
Originally published in:
2018
Version: 11-Jul-2018
Length: 5 pages
Data source: Published sources
Abstract
Infosys Ltd, the bellwether of IT industry of India, was faced with a leadership crisis as the first professional CEO resigned due to conflict with some of the founding members. A new CEO was promptly appointed, to arrest further damage to the reputation of the company. However, the board was acutely aware of the complex web of challenges that continued to plague the company. This company, like many others in India and internationally, was characterized by the first generation entrepreneurs who co-founded and promoted the business. The company had flourished for more than thirty years under the able leadership of one of the co-founders. The board faces a strategic dilemma - how to steer and support leadership decision with an eye towards the future while managing the current reality? In other words, how to put Infosys on the path of professional management for the future that will outlive the tenure of the co-founders.
Size:
USD10 billion
Other setting(s):
1984 to 2018
About
Abstract
Infosys Ltd, the bellwether of IT industry of India, was faced with a leadership crisis as the first professional CEO resigned due to conflict with some of the founding members. A new CEO was promptly appointed, to arrest further damage to the reputation of the company. However, the board was acutely aware of the complex web of challenges that continued to plague the company. This company, like many others in India and internationally, was characterized by the first generation entrepreneurs who co-founded and promoted the business. The company had flourished for more than thirty years under the able leadership of one of the co-founders. The board faces a strategic dilemma - how to steer and support leadership decision with an eye towards the future while managing the current reality? In other words, how to put Infosys on the path of professional management for the future that will outlive the tenure of the co-founders.
Settings
Size:
USD10 billion
Other setting(s):
1984 to 2018

