News: Mindtree charts course of leadership change

Leadership

Mindtree charts course of leadership change

Mindtree Ltd, a mid-sized software services firm, has identified a pool of 25 executives who in time could lead the company, Mint reported. The founder-led company has also expanded its sales team as part of a strategic overhaul exercise undertaken with management consulting firm Bain and Co.

Mindtree Ltd, a mid-sized software services firm, has identified a pool of 25 executives who in time could lead the company, Mint reported. The founder-led company has also expanded its sales team as part of a strategic overhaul exercise undertaken with management consulting firm Bain and Co.

Mindtree worked with global talent search firm Korn/Ferry International to identify a pool of about 120 executives, of which 25 have been shortlisted to be potentially groomed to take over from the present generation of leadership.

“There was a group of 25 we picked up, where they go through a far more structured intervention with Korn/Ferry, with individual coaches,” Mindtree co-founder and chief executive Krishnakumar Natarajan said in an interview. “They’re given short-term projects which are different. For example, if there’s some opportunity for M&A, they’ll be part of the due diligence team.

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Topics: Leadership, #ChangeManagement, #Corporate

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