Presentation On Present Business Leader: " Narayan Murthy" Presented by

Presentation on present business leader
Narayan Murthy Presented by:

Minesh chauhan Chirag patel
Introduction to Narayan Murthy

Born into a Kannada family in Mysore, karnataka on August 20, 1946. Narayan Murthy began his career with Patni Computer Systems in Pune.
In 1981, with an investment of Rs.10,000 ($250 at the time) from his wife, he founded Infosys with six other software professionals.
Murthy retired from his executive position at Infosys on 20 August 2006. However, he continues as the Non-Executive Chairman of the board. In August 2011, he retired completely from the company and taking the title Chairman Emeritus.
About Infosys
In 1999, Infosys became the first Indian company to be listed on NASDAQ. Respected across the country, with very strong systems, high ethical values and a nurturing working atmosphere. Voted as the best managed company in Asia. Championed corporate governance in India. Biggest exporters of software.
Reasons for success

Invest in well understood , proven products and not just R&D. When dealing with investors, always under-promise and over-deliver. Give stakeholders bad news proactively and early.
Has a healthy sense of paranoia and respect for the competition.
The leadership principles of Narayana Murthy

Adversity leader has to sustain their hope, and their energy levels to handle the difficult day. Values A system of rules for behavior that enhances the confidence, commitment and enthusiasm of the people. Enhancing trust Trust and confidence can only exist where there is a premium on transparency. Governance Good corporate governance is about maximizing shareholder value on a sustainable basis while ensuring fairness to all stakeholders.
Managerial remuneration It should be based on three principles: Fairness Accountability Transparency Integrity Lead your teams to fight for the truth and never compromise on your values.
Lessons from N.R. Narayan Murthy

You might fail, but get started Learn from mistakes and move on. In 1976, Murthy founded Softronics, a company that lasted a year and a half. When he realised that his first venture wasnt taking off, he moved on. Think Big. Dont Hesitate to Start Small In 1981, a determined Murthy started Infosys with Rs 10,000 he borrowed from his wife. In few years, Infosys went on to become one of the largest wealth creators in the country. Cut Yourself a Slice, Not a Large One Always When Infosys was set up, Murthy took a pay cut while salaries of other co-founders were increased by 10 percent. According to Murthy, a leader needs to show his or her sacrifice and commitment
Trust in God, But Verify with Data In God we trust, the rest must come with data, is perhaps Murthys favourite statement. When confronted with difficult decisions, he tends to rely on data.
Keep the Faith Infosys almost wound up in 1990. Murthy did not want to sell the company. He asked co-founders if they wanted out and offered to buy their shares. All of them stuck together. Sharing is Caring After the IPO, Infosys decided to share a portion of its equity with employees. This helped them retain talent and gave employees a sense of ownership. Murthy is proud of having given away stocks worth over Rs 50,000 crore to employees.
Treat your People Good, but Your Best Better Murthy always had a thing for good performers. And he rewarded them well. When Infosys decided to give its employees stock options, Murthy insisted that some shares be given to good performers through the Chairmans quota. When in Doubt, Disclose Keep your books clean and leave the cooking to the chef. Murthys philosophy about being open and transparent has given the company a lot of credibility. Leave the Family Out Murthy told his wife that only one of them could be with the company. Murthy, along with other founders, said that none of their children would work for Infosys. This left no room for nepotism at Infosys.
Keep it Simple, Not Silly Keep your life simple and straight. That way, you get to work more and worry less. Murthy is known to be frugal with money. Despite being one of the richest Indians, he leads a simple life. However, he does not cut corners on buying books or brushing up on literature.
Founders Keepers, but Not Forever Murthys decision to not allow founders to continue with the company after the age of 65 set another standard for the company. This way, younger leaders at Infosys had a greater chance at the top positions.
Give, it only gets you more In 2010, the Murthys donated $ 5.2 million USD to Harvard University Press for a project that aims to make Indias classical heritage available for generations to come. He is also supporter of the Akshaya Patra Foundation.
Do it First and Do it Right Infosys did many things first. And most things right. For example, it was the first Indian company to list on Nasdaq. It was the first Indian company to make it to the Nasdaq 100 list and it was the first Indian company to attain the highest level of quality certification
Invest in Learning With big investments in training, development and building facilities, Indias IT bell-weather has always been keen on grooming the younger generation. Murthy drove the culture of learning in the company in its early days.
Never Lose the Common Touch The big man of Indian IT kept his personal life simple. He lives in a simple, middle class house and flies economy till date. Murthy has always been accessible to people around him.
Do Good, Look Good Murthy knew the importance of creating an image for Infosys. He invested in creating a sprawling, world class campuses early on, bigger than any other companys headquarters in the country, that would make his global customers feel like they were in a global office.
His lessons can be relevant for not just entrepreneurs and managers but almost everybody: students, army men, artists, and even housewives, that is anyone who aspires to make it big in his/her respective field.
In todays context of rampant corruption and a loss of corporate ethics, it would be only fitting to recall Murthys early admonition to his crew: It is better to lose $100 million than a good nights sleep. The softest pillow is a clear conscience. Never ever do anything that is illegal or unethical Above all, Murthy must be remembered as a man of integrity and clear ethical values who did not compromise his principles in driving his company to the exclusive club of reputable global corporations.
THANK YOU..

Presentation On Present Business Leader: " Narayan Murthy" Presented by

Uploaded by

Copyright:

Available Formats

Presentation On Present Business Leader: " Narayan Murthy" Presented by

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Presentation On Present Business Leader: " Narayan Murthy" Presented by

Uploaded by

Copyright:

Available Formats

Presentation on present business leader

Narayan Murthy Presented by:

Introduction to Narayan Murthy

Reasons for success

Has a healthy sense of paranoia and respect for the competition.

The leadership principles of Narayana Murthy

Lessons from N.R. Narayan Murthy

You might also like