Mohit Joshi is working on a three-track plan. These include focus on revenue, sales and margin improvement, and a radical shift in culture. The company is already said to be making changes to its incentive schemes and HR policies to reduce bureaucracy.
Tech Mahindra has long held aspirations of breaking into the IT company big leagues, even beating out L&T to buy scam-hit Satyam as a way to bulk up. But being overweight on the troubled telecom space and underweight on the fast-growing banking and financial services sector made it harder for the company to meet even its own growth expectations. It wanted to become a USD5 billion a year revenue company by FY15, then by FY17. That target
BY
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