Mumbai: Close on the heels of Vishal Sikka’s exit, country’s leading market research company, Kantar IMRB conducted an opinion poll jointly with Crownit to assess the impact of the move on private sector executives. Corporate governance issues and financial benefitsare the driving force of the insights garnered through this study.
The study has been conducted in the country’s top three commercial centres- Mumbai, Delhi and Bengaluru with over 230 executives working in private sector enterprises being polled. The respondents range from 28- 50 years of age and hail from a cross sector of industries including IT/ITES & Start Ups.
The survey comprises several interesting moot points around Sikka’s exit, Infosys’ stance and an industry level impact. Certain questions included in the survey to understand the industry level perception and business environment are:
- Disposition of Working Professionals towards the issues raised by Mr. Murthy leading to Dr. Sikka’s resignation
- Financial Benefits for Senior Management
- Corporate Governance
- Where should Infosys look for its next CEO – should he be an insider?
- How will this controversy impact the IT/ITES sector among key stake-holders
- Impact of this controversy on the disposition of Working Professionals towards working in Promoter Controlled companies
- How do Working Professionals perceive the role of Management vs the Promoter
Talking about the topical poll, “While overall Mr. Narayana Murthy is winning the battle of perceptions, the turbulence has created some apprehensions among Young Managers on job security and career development in promoter controlled companies. Further, working professionals perceive that this episode could impact the Indian IT/ITES sector globally as also dampen the investment climate in the sector, both these factors have a direct bearing on job creation. It is not surprising therefore that this episode has created anxiety among the aspirational young managers”, said Puneet Avasthi, Senior Executive Director, Data Alliance & Data Based Services, Kantar IMRB
“Over the last weekend we reached out to part of our million+ member community to voice their opinion on the Infosys incident. Interesting to see how corporate India reacts to senior management and board room tussles at one of the most valuable start-up of India. Good learning for us promoters”, said Sameer Grover, Founder & CEO Crownit
