Sufficient Leadership Capacity at Both the Top and Below: LTIMindtree

An organisation is much larger than individuals, LTIMindtree Chief Executive Debashis Chatterjee as he sought to down play speculations around the leadership changes at India's sixth largest technology service players where his term ends in November. 

LTIMindtree, born out of the merger of L&T infotech and mindtree in November 2022 has since witnessed two dozen senior level exits and fights for the top job which analysis have attributed to its integration pains. 

Brushing aside murmurs around succession planning, calling it “business as usual”, Chatterjee told ET that it is a decision of the board of the company to put the organization ahead of individuals. There is a substantial leadership bandwidth available at the top and below levels at LTIMindtree, he said.

“From a leadership standpoint, it was very well known that you know, when two organizations come together, there will be  structural shifts. Over a period of time, there may be a bit of change in terms of leadership”, he said, adding : “We are prepared for it”.

Chatterjee, along with other senior management of LTIMindtree, met investors on Tuesday sharing the company's vision to become a $USD 10 billion company from the current revenue of USD 4.3 billion.      

The next target for us is to definitely aim to become a $10 billion (revenue) Organization

“If you don’t have an ambition, there’s no point in running a company. The next target for us is to definitely need to become a $10 billion organization”, Chatterjee said.

“We are now thinking where can we double down the growth. If you look at every other $10 billion organisation, they have a significant platform operations business. We don’t have much”.