Tuesday, 17. June 2014

WHU Establishes Wipro Center for Business Resilience

Innovative German-Indian Partnership Started on June 2

Vallendar, June 17, 2014. Wipro Ltd. and WHU – Otto Beisheim School of Management have laid the foundation for a new research center in Düsseldorf. For the globalIy operating IT company, the Wipro Center for Business Resilience will be a role model for further initiatives.

"The fact that a growing number of companies from "emerging countries" are becoming active at WHU is a great sign for me in two respects," said Professor Michael Frenkel, WHU Dean. "It shows, first, that in the 30th year of its existence WHU enjoys a positive international reputation; and, second, that Germany is an attractive location for research and education."

The Wipro Center will serve as a think tank and an open platform and will help to support research and discussion regarding questions such as technology enablement to build the future enterprise, leadership, and innovation. The program will also have a special focus on engaging within the family run business community and focusing on how such companies can leverage technology to build the future of their business. The center aims to use new network formats to strengthen the dialog between science, politics, and business. The Wipro Center for Business Resilience officially began its work on June 2, 2014. A Research Advisory Board and a Corporate Advisory Board will support the center.

Ulrich Meister, Senior Vice President, Continental Europe, Wipro Ltd. stated, "As a provider of innovative technology services who wants to create more added value for our customers in their core businesses, and whose success is rooted in family business, we see many parallels with the pillars of the German economy. Especially in Germany, it is often family businesses who succeed globally thanks to "hidden champion" innovative technology solutions. As a leading German business school with expertise in these areas, WHU was the partner of choice for us.”

"Technological orientation is one of four central pillars that have defined WHU and its educational philosophy since its conception. Furthermore, WHU has maintained partnerships with top Indian business schools for many years. The new Wipro Center will certainly create new momentum in this area," said Professor Klaus Brockhoff, Deputy Chairman of the WHU Foundation.

CIO Magazine, an existing WHU partner of many years, will further bring in its expertise and its CIO network and will be a key partner in this collaboration.