IBM CEO says the remote working model is golden opportunities to tap Indian talent. A remote delivery model is more acceptable now, and within the same, there are more opportunities for India than before,” IBM’s CEO Arvind Krishna said.
After the pandemic has hit, more and more companies are allowing their employees to work remotely. In this relation, IBM’s CEO Arvind Krishna said that this could enable global firms to source Indian talents and provide them with tremendous opportunities.
During a fireside chat at Nasscom’s flagship Leadership Forum, 2021, Krishna stated that the hybrid model had enabled the firms to hire from various parts of the world to let them work for companies remotely presents an excellent opportunity for India’s talent base.
“A remote delivery model is more acceptable now, and within the same, there are more opportunities for India than before,” he added.
Krishna said that for India to turn into an innovation hub, there is a massive need of the hour to reskill people in emerging technologies. And to make them capable of risk-taking.
“The question is, what role does India wants to play. The aspiration is massive. If India aspires to be the innovation hub, one needs to look at the positive side and the risk.
Innovation means only one in three ideas is likely to succeed. So two out of three, I don’t call them failures, but they don’t give economic returns in the near term. We need regulations and policies that allow for that failure to happen, and that is risk-taking in business terms,” the IBM CEO said.
He said that as innovations are increasing, they bring with them multiple opportunities, and for that key partnership is required between big firms, and IBM is already doing that.
“For instance, on the cloud services front, I can say we have a great relationship with Microsoft, Amazon, and we aren’t just rivals. Many of our clients require unique innovations and can partner with multiple tech firms,” Krishna said.
Earlier during a virtual press conference, Krishna said that the tech firm is working on its India expansion plans. The recent announcement of spinning out a new company will not impact its workforce in India. India – the second-highest after in the US – although the company is planning for a separate leadership team.
Currently, IBM is helping support the digital infrastructure of India’s public/private sector banks, telecom firms and has also partnered with indigenous IT firms.