Vishal Sikka, who took charge as CEO and MD of Infosys on Friday, said he would strive to bring confidence back into the company. At the same time, he said he wanted it to embrace innovation as a course for growth.

Sikka said he had not had the time to go through the company’s 3.0 strategy — he promised to read up on it during his long flight back home to the US — but emphasised there was no alternative to innovation. “We have to elevate the nature of services beyond addressing back office operations … into innovation,” he told journalists.

Sikka said innovation was unavoidable and by doing this, the company would not only grow but “also get out of this spiral of continuously lowering costs”.

Confidence building Admitting that Infosys was plagued by lack of confidence, he said it is important to get that optimism back into the company, noting that it had existed earlier, when it was assumed that Infy’s employees could achieve the impossible.

“Over time, the success of our initiatives will create more confidence. I do believe that inspiration, sense of passion and confidence will lead to better results and everything will flow from there,” Sikka said.

He made it clear that there was no plan B for Infosys to fall back on in case its strategies did not succeed. At the same time he expressed confidence that the new team would work towards consolidating the work done by the company’s founders while innovating at every level.

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