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The IT Landscape Is On A Digital Transformation Journey
Dalal Street Investment Journal
|August 6, 2018
Manoj Bhat has been associated with Tech Mahindra since 2006. He brings with him a rich experience of more than 20 years in the IT and ITES industry -- across various roles in Finance, Corporate Planning & Development, Merger & Acquisitions, and Strategy, and has played a key role in Tech Mahindra’s organic and non-organic growth initiatives.
He has been the Deputy CFO of Tech Mahindra from 2013, with global responsibilities for Business Finance, Investor Relations and Corporate Planning. He is also handling the role of ‘Head of Mergers and Acquisitions’ for Tech Mahindra from 2011 and is responsible for the acquisition strategy of the company.
Mr. Bhat has a Bachelors in Technology degree from IIT Mumbai and a postgraduate diploma in management (PGDM) from IIM Bangalore.
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As a CFO of Tech Mahindra, what are your top three strategic priorities?
Tech Mahindra has been on a transformation journey over the last few quarters, using a multi-pronged approach of digital and service modernisation, embracing new age delivery and improving operational efficiencies while reskilling our talent pool. Providing strategic inputs on investing in high yield, high growth businesses, while driving performance management and enhancement is key. The other strategic priority is to make sure our processes and systems are in line with the changing needs and demands of the marketplace, and incorporating technology changes like automation and AI, and data analytics to help steer agile decision-making. Last, but not the least, driving operating efficiencies and helping Tech Mahindra drive value creation for investors, customers and employees is a priority area.
As a company, we have started this journey well, but believe that we have to keep the momentum and achieve a lot more.
Due to rationalisation of onsite and offshore, what impact do you think it will have on your company margins going forward?
Tech Mahindra is a global digital transformation provider with operations in 90 countries serving over 926 customers - this, apart from the partner and alliance ecosystem that we work with. Also, co-innovation with clients, academia, industry as well as collaborating with start-ups form an integral part of our TECHMNxt charter.
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