Roll No: 13

Name: Karan Varyani

Subject Name: Business Ethics
Faculty Name: Prof. Nisha Pandey
Company name: Wipro Pvt Ltd
Content:
Introduction…………………………………………………
Wipros Vision……………………………………………………
Wipros Mission…………………………………………………
Wipro Values ………………………………………………
Wipro Objectives ………………………………………………
Achievements & Awards…………………………………………
Corporate Social Responsibility…………………………………
Governance Style of wipro………………………………………
Indicators of governance of Wipro………………………………
Governance theory……………………………………………
Wipro Limited is a leading global information technology, consulting and business process
services company. A company recognized globally for its comprehensive portfolio of services,
strong commitment to sustainability and good corporate citizenship, we have over 180,000
dedicated employees serving clients across six continents. Together, we discover ideas and
connect the dots to build a better and a bold new future.
Wipro Organization Heads

1) Azim Premji is the chairman of Wipro Limited.

2) Abidali Neemuchwala is the CEO of Wipro.

3) Rishad Premji is the Chief strategy officer in Wipro.

Wipro's Vision

"To earn our clients' trust and maximize the value of their business by providing solutions that
integrate deep industry insights, leading technologies and best in class delivery process."

The vision of Wipro includes being a leader in areas of business, customer and people. The

company aims to be among the best IT Company in India and the world. Its goals also include
being the first choice among customers and employees
Components of a Vision

Concise: The vision statement of Wipro Limited is brief and to the point. This means that the
company has not used long dialects and dialogues to delivers its opinion ad stance to the public
and relevant stakeholders. The vision statement should be brief and comprehensive – it should
communicate the essence of the business, and its future plans to help the stakeholders understand
its business philosophy and business strategy.

Encompassing description:
The vision statement of Wipro Limited should be brief but should be holistic in nature. This
means that the visions statement should be complete in its description and information of what
the company desires, and how it plans to achieve its long term goals strategically. The vision
statement should be a comprehensive statement identifying the company’s core strengths, which
would enable it to achieve its futuristic goals.

Wipro's Mission

The mission statement for Wipro Limited is a public document that details the values and
strategic aims of Wipro Limited. The mission statement of Wipro Limited also identifies the
purpose of the organization existence, highlighting the services and the products it offers.
Further, the mission statement also identifies the organization’s operational goals for Wipro
Limited, the processes the company uses to achieve those, the target customer groups, and the
region where the company operates.

Wipro Limited Mission Statement

The Spirit of Wipro is the core of Wipro. These are our Values. It is about who we are. It is our
character. It is reflected consistently in all our behavior. The Spirit is deeply rooted in the
unchanging essence of Wipro. But it also embraces what we must aspire to be. It is the
indivisible synthesis of the four values. The Spirit is a beacon. It is what gives us direction and a
clear sense of purpose. It energizes us and is the touchstone for all that we do.
Components of a mission
● Customer satisfaction
The mission statement of Wipro Limited focuses on addressing issues of customer satisfaction.
The mission statement of Wipro Limited has identified its target customer groups, and also
identified their needs and demands. The mission statement reflects on how its products and
services work towards increasing customer satisfaction for its target customers.

● Based on core competencies

The mission statement of Wipro Limited is based on its integral strengths and competencies.
This is important for Wipro Limited as the mission statement will highlight the different systems
and processes as well as strategic tactics that the company uses to achieve its organizational and
strategic goals. The achievement of the goals will depend on how well Wipro Limited makes use
of its core competencies.

● Realistic and clear

The mission statement for Wipro Limited is also realistic and clear. This means that Wipro
Limited has used simple, string, and easily understood words and phrases in the drafting of its
mission statement. Clarity is important so that the mission statement is understood by all relevant
stakeholders of Wipro Limited Company. Wipro Limited’s mission statement is also realistic,
which makes it able to achieve various set goals and targets.

● Motivational and inspirational

The mission statement of Wipro Limited is motivational in that it works towards inspiring the
employees and the workforce towards giving their optimal best performance towards the goal
achievement of Wipro Limited. The mission statement of Wipro Limited is also inspirational in
that it develops the need for growth and progress in individuals – for the betterment of not only
the company but also for their own selves

● Specific and sharp

The mission statement of Wipro Limited is precise and to the point. It is easy to understand and
delivers what the audience must know about Wipro Limited’s offerings and operations. It is
important to keep the missions statement short, sharp and precise to be able to successfully
communicate the company’s standing to stakeholders, instead of dragging it on into long pages
with repetition and non-important aspects.

● Reflects the company’s offerings

The mission statement of a company should be based on what the company has to offer in terms
of products and services. This means that the mission statement for Wipro Limited highlights its
offerings, but ensures that this offering is in line with the values that the company stands for. The
mission statement for Wipro Limited, therefore, identifies the ethical grounds through which the
company systematically works to deliver its offering
Wipro Limited Ethical Values

Along with its new identity, Wipro has also rearticulated the Spirit of Wipro, its core values: Be
passionate about clients' success, Treat each person with respect, Be global and responsible, and
Unyielding integrity in everything we do.

Be passionate about clients' success

Be global and responsible
Treat each person with respect
Unyielding integrity in everything we do
Other Wipro Limited Photos

Objectives of Wipro Limited

The Wipro company has three main objective. These objectives are to provide leadership through
action, respond to issues of the current generation, and work toward building a good society for
future generations.

Organizational objectives for Wipro Limited are the short to medium term targets and goals that
the organization sets to achieve the bigger strategic goals set for the long term. The
organizational objectives are important in shaping resource allocation within Wipro Limited as
well as in determining the policies, schedules and processes that are implemented in Wipro
Limited.
Components of objectives

● Specific
All objectives set by Wipro Limited are specific and clear. This helps employees, as well as
managers, manage and maintain focus on the targets and the end results that need to be achieved.
At the same time, specific objectives help managers determine skill development and training
needs within their departments as well.

● Measurable
Objectives at Wipro Limited are also measurable. This means that all objectives can be tracked
for progress. This is important for Wipro Limited as it helps in meeting deadlines. The element
of measurability is added in objectives by adding quantifiable criteria for determining progress
and objective achievement.

● Attainable
The goal should be attainable that even in stretching the abilities of the employees and
challenging them, it should remain possible to achieve. The objectives at Wipro Limited are
attainable in that they push the employees out of their comfort zones but remain possible to
achieve.

● Realistic
Objectives at Wipro Limited are also attainable in that they are realistic. This means that Wipro
Limited sets objectives keeping in view the organizational resources and constraints to be able to
achieve objectives effectively and within time.

● Timely
Objectives at Wipro Limited are also time-bound in that they have a specified start and finish
date. The timeliness of the objective helps Wipro Limited maintain a sense of urgency in
employees, and keep them motivated towards achieving the objective.
Achievements & Awards

● It received National award for excellence in Corporate Governance from the Institute of
Company Secretaries of India during the year 2004.

● Wipro honored as 2010 Microsoft Country Partner of the Year Award for India.

● In 2012, it was awarded the highest rating of Stakeholder Value and Corporate Rating 1 (SVG
1) by ICRA Limited.

● Wipro received the 'NASSCOM Corporate Award for Excellence in Diversity and Inclusion,
2012', in the category 'Most Effective Implementation of Practices & Technology for Persons
with Disabilities'.

● Wipro was ranked 2nd in the Newsweek 2012 Global 500 Green companies.

● In 2014, Wipro was ranked 52nd among India's most trusted brands according to the Brand
Trust Report, a study conducted by Trust Research Advisory.

● Wipro won 7 awards, including Best Managed IT Services and Best System
Integrator in the CIO Choice Awards 2015, India.

● Wipro won Gold Award for ‘Integrated Security Assurance Service (iSAS)’ under the
‘Vulnerability Assessment, Remediation and Management’ category of the 11th Annual 2015
Info Security PG's Global Excellence Awards.

● In May 2016, it was ranked 755th on the Forbes Global 2000 list.

● In March 2017, Wipro was recognized as one of the world's most ethical companies by US-
based Ethisphere Institute for the sixth consecutive year.

● In 2018, Wipro received ATD's Best of the BEST Award.

● Winner at the NASSCOM Diversity and Inclusion Awards for the ‘Gender Inclusion’ category
(2019)
●Annual HR Distinction Awards 2019, UK - Winner in the category “Distinction in Inclusion
and Diversity”
● Wipro has received a score of 95 out of 100 on the 2019 Corporate Equality Index

● Featured in the Bloomberg Gender Equality Index 2020

● Wipro has received a score of 90 out of 100 on the 2020 Corporate Equality Index

Corporate Social Responsibility

Corporate Social Responsibility (CSR) is when a company operates in an ethical

and sustainable way and deals with its environmental and social impacts. This
means a careful consideration of human rights, the community, environment, and
society in which it operates

Wipro, the Indian IT giant, is one of the most respected names in CSR today and
commands enormous market goodwill due to its various social initiatives. In this
article, we will talk about Wipro CSR Activities in India.

CSR Approach of Wipro

The Strategic:
We choose domains and issues to engage with that are force multipliers for social change and
sustainable development.

The Systemic: We choose to engage on systemic issues that require deep, meaningful and
challenging work. The objective is to affect systemic change at ground level over a period of
time.

The Deliberative:
Our emphasis on depth and on long term commitment implies a deliberative approach that
precludes spreading ourselves thin. By implication, this also means that we are wary of
expanding and growing our social programmes as ends in themselves. We will continue to
adhere to this approach going forward.

Educational CSR activities and initiatives by Wipro:

Wipro Cares focuses on meeting the educational needs of the urban poor along
with other initiatives. The educational needs of children that belong to this group
are often neglected due to various reasons. Wipro Cares aims at helping these
children by offering them opportunities for holistic educational and social
development by running bridge schools, non-formal schools and giving them
vocational training. Wipro also help train teachers to engage with these children,
with empathy. In addition, they support a school for hearing impaired children and
encourage girl child education

Magic Bus, Bangalore

The Magic Bus project started in October 2013 and is working with 500 children
around Sarjapur area in Bangalore. Sensitization of around 500 children in and
around Sarjapur area on importance of education, gender issues and health
hygiene is being carried out and also 20 youth leaders from the community were be
trained and assisted to take up leadership roles in the community.

Every Child Counts Campaign, Pune

The Key goal of the Campaign is to reach and enroll all children in the age group
of 6-7 into mainstream schools. With the support of Wipro Cares ECC would be
extending the campaign to five areas in the outer developing area of Pune.Door
Step School, an NGO working for education of children of marginalized
communities at construction sites and roadside dwellings for more than 2 decades,
foresaw the alarming trend of large numbers of children who were out of school.
Driven by a need to act upon these concerns with a sense of urgency, the "Every
Child Counts- Citizens' Campaign" was initiated to ensure access to elementary
education for all children in the city of Pune.

Door step School, Pune

In Pune, Wipro Cares work with an NGO called the Door Step School to train and equip teachers
to engage with migrant children, this project is called Parivartan. Today this initiative has
reduce the dropout rate of children of migrant laborers
Healthcare  CSR  by Wipro:
Wipro believes that Health is a basic enabler. Most of their factories are in
underdeveloped rural areas where access to health care is remote. Their health
care projects aim to provide primary health care, and act as a catalyst in the overall
development of the community.

ArogyaJyothi:
Healthcare is generally identified by the services it renders. Usually, general health
awareness levels and behavior patterns are intrinsically linked to attaining good
health. Most often, the Government and NGOs focus more on maternal-child
wellness measures and services and not on imparting knowledge and understanding
about good health and hygiene practices. The ArogyaJyothi project aims to assess
and raise healthcare awareness and bring about positive changes. The key focus area
of the project is to bridge the gap of lack of preventive healthcare knowledge among
the rural children. This is undertaken by visiting schools and educating children
about various aspects of health and hygiene and equipping them with knowledge
that can help prevent diseases.

Amalner Health Care Project:

Amalner Health Care Project was started in January 2012. Currently company has a Wipro
Consumer Care & Lighting Group (WCCLG) plant situated in Amalner. The five villages
selected for the project lack adequate health care facilities. Amalner is a drought prone taluka,
only 3% land is irrigated. People do not have a continuous source of livelihood; most of the
people living in the area are either small farmer or labourers. The people of these villages are
unaware of the various health care services that are available to them. The project aims at
providing curative and preventive health care facilities along with working towards increasing
the efficacy of existing health care infrastructure and services.

Mysore Healthcare Project:

The chosen villages in Mysore houses around 70% of schedule caste and 30% of (Other
Backward Caste‟) OBC‟s. A very small percentage of families own land and dwelling of
their own, the vast majority does coolie work as construction workers and agricultural
laborers. Around 50% of the families earn below
Rs.10000 per annum (BPL). Sanitation is a major concern in the area which results in a constant
slew of diseases. This project focuses on the preventive and curative health needs of the
community. Provide comprehensive primary health service, regular health camps and awareness
generation on various issues of health to control and prevent contagious diseases and improve
women and child health and hygiene
Project Sanjeevini
Sanjeevani was launched in November 2009, in Waluj, Maharashtra. It covers 9
small villages, all situated within 10 – 25 kms area from Aurangabad city. The
population of the villages ranges from 300 to 1500 where the primary
occupation is agriculture. The rainfall in the region is inadequate and water
scarcity is a major issue. Due to poverty, malnutrition is another issue associated
with this region. The villages are in the hilly terrain of Aurangabad district and are
not well connected; two of them are inaccessible during monsoon. All the 9
villages, planned for intervention, have genuine need for basic medical services
as they are not covered by Govt PHCs. The awareness regarding health is very
low; cases of malnutrition and infant mortality are a common problem here. The
awareness regarding reproductive healthcare is totally nil and early marriages are a
common factor increasing the risk for both the mother and the new born.
Sanjeevani aims to build a sustainable primary health care system with the
involvement of the local population.

Environmental sustainability Wipro CSR activities:

Less Plastic For Me
Save the Planet

Disaster rehabilitation  initiatives by Wipro:

Unnati – In June 2013
Bihar Floods – In 2008

Wipro CSR Activities  for Women Empowerment:

Santoor Women’s Scholarship – As an initiative by Wipro Customer Care and Wipro Cares, the
Santoor Women’s Scholarship provides financial support for education to girls. They provide
education and financial aid to women who want to pursue education after 12th. Launched in 2016,
they offer 900 scholarships in Telangana, Karnataka and Andhra Pradesh.
Governance Style of wipro

Size of the Board.

As per the Memorandum & Articles of Association of the Company, the number of Directors
shall not be less than four and not more than fifteen or such higher number of Directors as
may be permitted under the Companies Act, 2013 as amended or replaced from time to time.

B4. Mix of Executive and Non-Executive Independent Directors

The Board of Directors of the company shall have an optimum combination of executive and
non-executive directors with at least one woman director and not less than fifty percent of the
Board of Directors comprising non-executive directors and such other requirements to comply
with various laws from time to time.

B5. Board definition of what constitutes “Independent Directors”

The Board shall be comprised of a majority of Directors who qualify as Independent Directors
(“Independent Directors”) under the listing standards of the NYSE, the SEBI Listing
Regulations and Companies Act, 2013 and rules made there under. The Board will review
annually the relationship that each director has with the Company (either directly or as a
partner, shareholder or officer of an organization that has a relationship with the Company).
Following such annual review, only those directors who the Board affirmatively determines
have no material relationship with the Company will be considered Independent Directors,
subject to additional qualifications prescribed under the listing standards of the NYSE, SEBI
Listing Regulations and the Companies Act, 2013.

B6. Lead Independent Director

The Lead Independent Director is responsible for coordinating the activities of the other
independent directors and to perform various other duties. The general authority and
responsibility of the Lead Independent Director are to be decided by the group of Independent
Directors. The role of Lead Independent Director shall be determined by the group of
Independent Directors.
B7. Board membership criteria
The Board Governance, Nomination and Compensation Committee comprise entirely of
Independent Directors and shall be, inter alia, responsible for identifying, screening, recruiting
and recommending Directors for nomination by the Board for election as members of the
Board.

Indicators of governance of Wipro

1. Customer relations
2. Protecting customer information
3. Conflicts of interest
4. Preventing retaliation
5. Accountability and discipline
6. Responsible business conduct
7. Committed towards their adherence

Governance theory

• Governance
A strong culture of maintaining high standards of governance, compliance, and risk management
already exists, and we are committed to ensuring that it continues to remain a priority.

• Research and development

Our best-in-class R&D facility with over 200 scientists supports our strategy around technology
development, product development focussing also on creating sustainable products, as well as
value re-engineering for productivity improvement and cost optimisation.
• Financial strength
Our prudent financial management and decision-making drives the seamless growth that
continues to create long term value for our stakeholders.

• Information Technology (IT)

We have consistently been investing in installing cutting-edge IT platforms that add value to
businesses by helping to optimise costs, consistency, and efficiency.

• Team
Our people are our greatest strength. We are more than 7,500-strong team of knowledgeable,
skilled, passionate people. We nurture talent and empower our workforce to create new
benchmarks of performance and excellence.

Conclusion:
Till today Wipro has been known for being very process oriented with a focus on quality and
cost savings. Wipro long term strategy should be to create a brand image and be known for
innovation