Vinod Krishnan has joined Essar Capital, a global conglomerate, as its new leader in digital transformation. Essar Capital is the investment manager of Essar Global Fund Limited and monitors and manages the entire portfolio of investments owned by the fund. Essar Capital is entering a new phase of growth with a strong commitment to sustainability and achieving net-zero emissions. They are actively transitioning existing assets towards environmentally friendly practices while exploring transformative new businesses. Krishnan’s role is crucial in shaping and implementing a digital ecosystem that supports essential processes across sectors and enables rapid business scaling.
With a track record of over six and a half years at Indus Towers, where he led operations and introduced cutting-edge technologies, Krishnan is poised to elevate Essar Capital’s digital journey to unprecedented heights. In his previous role, Krishnan played a pivotal role in managing operations at scale and solving complex business challenges through innovative technology solutions. He also supported a merger and integration process while navigating a rapidly changing industry landscape.
Krishnan’s move to Essar Capital marks a significant step forward in his career. He is now tasked with overseeing digital transformation across multiple domains, creating tailored strategic roadmaps for each domain’s evolution, and guiding Essar’s strategic investments in decarbonization, decentralization, and digitalization.
In his new role, Krishnan’s primary responsibilities include formulating and driving the digital transformation strategy for the group, introducing new and innovative technologies, and delivering digital solutions. Additionally, he will drive cultural changes, raising awareness of the possibilities of digital and promoting the adoption of these solutions in a progressive way, resulting in a positive impact on the perception and use of technology.
Expressing his enthusiasm for this new journey, he said, “I couldn’t be more excited to be at the ground floor of some major transformations that only digital technologies can enable.”
The most important part of embarking on a new journey is resetting one’s own benchmarks and understanding the new business or businesses from first principles. This involves identifying where revenue is generated, where expenditures occur, and the key processes and activities. So, for the most part, it is about active listening and understanding,” he added.
“Equally important is setting a vision in collaboration with the leadership for the desired destination. Subsequently, it involves creating plans to transition from the current state to the desired destination, ensuring a steady scaling up of internal resources and external partnerships, balancing projects with business as usual (BAU) operations, and cultivating a team of leaders capable of effectively managing and growing this dynamic environment,” he said.
Source: ET CIO.com
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