At Wipro, leadership development training is not an event, but a
process of a continuous cycle of learning, measuring and participating.
To foster this process, Wipro has created a leadership philosophy designed
along the lifecycle pattern of leadership development. Every year, all
leaders above the middle management grade go through a 360-degree
feedback. The process is designed to help leaders take a measure of
their leadership qualities, appreciate constructive feedback and act on them to grow.
Ajay Soni, Asia Pacific Head for Leadership Consulting, Aon Hewitt
said, "Aon Hewitt congratulates Wipro Technologies on being recognised
as a Global Top Company for Leaders. We observed Wipro to be exceptional
on three accounts. One, exposure and challenge key to development of
talent at Wipro (the organization has an articulated strategy of taking
risk with top talent for key and critical positions). Two, formal and
informal mentoring plays a big role in development of people, especially
as they take new and challenging roles in the organization, and three,
Wipro has a very good process of Top Leadership and Board involvement in
developing the leadership pipeline. It is not surprising then, that
Wipro has built global leaders not only for its own organisation, but
for the IT industry as well."
Commenting on this award, Mr. Pratik Kumar, Executive Vice President - Human Resources, Wipro
said "People leadership is pivotal to business leadership. At Wipro, we
have had a rich heritage of business leadership practices, with equal
focus on leadership in society and community initiatives. Leadership
development is an outcome of the philosophy of taking bets on our
people, and investing in their success. The large canvas of the business
gives people the opportunity to grow in their career by experimenting
continuously."
At Wipro, leaders learn how to deal with a rapidly changing world
and how to succeed in situations where they may not have all the data
and answers that can help them take the right decisions. If they keep
waiting for a state of equilibrium to happen, they will be paralyzed by
indecision. Dealing with ambiguity is a thin line, they need to tread
between being brash and being indecisive. The methodology goes beyond
classroom sessions to using theater, film making and other forms of
experiential learning, to help the leaders go beyond their comfort
zones. Through membership of a global consortium, Wipro leaders get
insights about their world, from what companies in other sectors and
business have done to deal with similar situations. Leveraging the
principles of social learning, the leaders learn not just from the
experts, but from their peers in other organizations.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT)
is a leading Information Technology, Consulting and Outsourcing company,
that delivers solutions to enable its clients do business better. Wipro
Technologies delivers winning business outcomes through its deep
industry experience and a 360 degree view of “Business through
Technology” – helping clients create successful and adaptive businesses.
A company recognized globally for its comprehensive portfolio of
services, a practitioner's approach to delivering innovation and an
organization wide commitment to sustainability, Wipro Technologies has
120,000 employees and clients across 54 countries. For more information,
please visit www.wipro.com
About the Global Top Companies for Leaders Study
With more than 1,200 data points and 900 executive interviews, the Aon
Hewitt 2011 Global Top Companies for Leaders Study is the most
comprehensive, global research on leadership in the market, examining
the link between leadership practices and financial results. This study
explores how organizations assess, select, develop, and reward leaders,
and examines the execution of leadership practices, as well as the
strategy that guides it. To learn more or to download a copy of this
study, please visit www.aon.com/topcompanies.
Aon Hewitt, The RBL Group and FORTUNE utilized a three-step
screening process to identify the finalist companies. This included
assessing survey responses, conducting in-depth interviews and analyzing
financial performance in relation to industry. Aon Hewitt provided this
information to a panel of independent judges in each region to select
and rank a 2011 Top Companies for Leaders list in Asia-Pacific, Europe,
Latin America and North America. A separate independent judging panel,
composed of one representative from each regional panel, considered all
regional Top Companies to select and rank a Global Top Companies for
Leaders list.
Further media information contact:
India:
Dirk Lewis
Wipro Technologies
+91- 7760983976
dirk.lewis@wipro.com
US:
Kathleen Ulrich
Wipro Technologies
+1 (732) 509-1337
kathleen.ulrich@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 7920205496
rahul.kadavakolu@wipro.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited
to, risks and uncertainties regarding fluctuations in our earnings,
revenue and profits, our ability to generate and manage growth, intense
competition in IT services, our ability to maintain our cost advantage,
wage increases in India, our ability to attract and retain highly
skilled professionals, time and cost overruns on fixed-price, fixed-time
frame contracts, client concentration, restrictions on immigration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the
success of the companies in which we make strategic investments,
withdrawal of fiscal governmental incentives, political instability,
war, legal restrictions on raising capital or acquiring companies
outside India, unauthorized use of our intellectual property, and
general economic conditions affecting our business and industry.
Additional risks that could affect our future operating results are more
fully described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov.
We may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company's filings with the Securities and Exchange Commission and our
reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us or on
our behalf.