Lets recall the great Napoleon Bonaparte’s leadership maxim:
” Better one mediocre general than two brilliant ones”
On the other hand, management guru, the late Peter Drucker wrote in The Practice of Management:
“…90 per cent of the trouble we have with the chief executive’s job is rooted in our superstition of the one-man chief”
Well now the confusion is which one to follow?
Wipro chairman Azim Premji followed the drucker line of thought and appointed Suresh Vaswani and Girish Paranjpe as joint chief executive officers of Wipro Technologies, the company’s global information technology arm. The changes comes 3 years after the exit of vice-chairman Vivek Paul in 2005.
“We are transitioning our leadership by adding a pair of joint CEOs, who together give twice the leverage to seize opportunities in the IT, research and development and BPO services sectors. Today, the opportunities are endless and this structure provides us with ‘the power of two’. It gives us dramatically greater breadth and depth to leverage all opportunities. This is not 1+1; it is the power of 2,” reasons Premji.
Filed under: Business | Tagged: azim premji, Girish Paranjpe, joint ceo's, management guru, napolean, peter drucker, Suresh Vaswani, vivek paul, wipro, wipro ceo
