narayan murty wikipedia

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A PRESENTATION ON A PRESENTATION ON LIFE OF NARAYAN LIFE OF NARAYAN MURTHY MURTHY

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Page 1: Narayan Murty Wikipedia

A PRESENTATION ON A PRESENTATION ON LIFE OF NARAYAN LIFE OF NARAYAN

MURTHYMURTHY

Page 2: Narayan Murty Wikipedia

PRESENTED BY:-PRESENTED BY:-Neelam Mandani -19Ruchika Mishra -20Krunal Mistry -21Javed Molvi -22Nirav Patel -23Vrutika Panchal -24

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•Narayana Murthy, is an Indian industrialist and software engineer. •He and six other engineers co-founded Infosys in 1981. •Murthy served as CEO from 1981 to 2002. From 2002 to 2011, he served as the Chairman. •In 2011, he stepped down from the board and became Chairman Emeritus.

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EARLY LIFEMr. Narayan Murthy was Born in

Mysore, Karnataka on 20 August 1946.

Nagavara Ramarao Narayana Murthy, also known as N.R. Narayana Murthy.

Murthy graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967. He received his master's degree from IIT Kanpur in 1969.

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CAREERCAREERMurthy's first job position was at IIM Ahmedabad,

where he worked as the chief systems programmer. After IIM Ahmedabad, he started a company named Softronics in 1976. When that company failed, he joined Patni Computer Systems in Pune.

After settling down in Pune, Murthy founded Infosys in 1981with an initial capital injection of Rs 10,000, which was invested by his wife Sudha Murthy. Murthy served as the CEO of Infosys for 21 years and was succeeded by co-founder Nandan Nilekani in 2002.

At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India.

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He held the executive position of Chairman of the Board from 2002 to 2006, when he became the "non-executive" Chairman of the Board and Chief Mentor. In August 2011, he retired completely from the company and taking the title Chairman Emeritus.

Murthy serves as an independent director on the corporate boards of HSBC, DBS Bank, Unilever, ICICI and NDTV.

He also serves on the boards of the Ford Foundation, the UN Foundation, the Indo-British Partnership, a trustee of the Infosys Prize, and as a trustee of the Rhodes Trust that manages the Rhodes Scholarship.

He is also the Chairman of the Governing board of Public Health Foundation of India.He also serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.

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He is also the Chairman of the Governing board of Public Health Foundation of India.He also serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.

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HOW INFOSYS BEGANHOW INFOSYS BEGAN It was a wintry morning in January 1981 when seven of us

sat in my apartment, and created Infosys. We had lots of hope, confidence, commitment, energy, enthusiasm, hard work, passion and a sense of sacrifice.

We were short of one thing, money. We managed to put together just $250 in seed capital.

We never dreamt about size, revenues and profits. Our dream, right from day one, was to build a corporation that was, above all things, respected.

From the beginning, our team was unique in our commitment to a strong value system. We believed in putting the interest of the company ahead of our own interest. We believed in legal and ethical business.

We believed in respect and long-term gratification. And each of us brought complementary strengths to the company.

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LEADERSHIP-ORIENTED LEADERSHIP-ORIENTED ADVICESADVICESMr Murthy adopts that one of the

leader's core jobs is to raise the confidence of the followers. Tough time and challenges are essential parts of the life and they will come out better at the end of it.

According to Mr. Murthy the following are the four essential qualities for an entrepreneur

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Passion and will to persevereGiving more priority to the long-

term interestsHigh levels of optimism and high

aspirations Being a team player

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ENTREPRENEURSHIP IS A ENTREPRENEURSHIP IS A MARATHON'MARATHON'

Entrepreneurship is a marathon. I believe that the key to a successful corporation is longevity – my heroes are companies like IBM, Levers, and GE. These firms have shown growth in earnings quarter after quarter, for a long time.

Infosys itself has seen consistent growth in revenue and profitability for over 49 quarters, since it got listed in India

We have institutionalized performance and accountability in our systems and processes, and through the empowerment of our employees. Let me talk about some of the generic lessons we have learnt.

The name of the game is: predictability of revenues; sustainability of the prediction; profitability; and a good de-risking model. Measurement is key to improvement.

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ON STARTING A NEW ON STARTING A NEW VENTUREVENTURE

According to Mr Murthy, these four things can be instrumental in launching a venture.

1)The Idea: One should have a clear, well-defined idea of the product/service he wants to sell.

2)Market value of the idea: One must have a basic level of confidence in the fact that the market values your product and is willing to pay for it.

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3)Team: One must have a team of “complementary skillsets”. A team may be composed of people with varied skillsets but they must complement a common cause.

4) High Aspirations: Aim high and work hard for that.

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AWARDS AND HONORS Year Name Awarding organization Ref. 2011 CNBC Lifetime

Achievement Award CNBC 2011 Forbes Lifetime Achievement Award Forbes 2011 NDTV Indian of the Year's Icon of India NDTV 2010 IEEE Honorary Membership Institute of Electrical and Electronics Engineers. 2010 Man of the Year GQ Magazine 2010 Foreign Associate Member United States National Academy of Engineering 2009 Woodrow Wilson Award for Corporate Citizenship Woodrow Wilson International Center for Scholars 2008 Padma Vibhushan President of India 2008 Officer of the Legion of Honor Government of France 2007 Commander of the Order of the British Empire (CBE) Government of United Kingdom 2007 IEEE Ernst Weber Engineering Leadership Recognition Institute of Electrical and Electronics Engineers 2003 Indo-French Forum Medal Indo-French Forum 2003 World Entrepreneur of the Year Ernst and Young 2002 Asia's Businessman of the Year Fortune Magazine 2001 Wharton Business School Dean's Medal University of Pennsylvania 2001 Nikkei Asia Prize Nikkei Inc. 2001 Max Schmidheiny Freedom Prize Switzerland 2000 Padma Shri President of India

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WHAT I WANT INFOSYS TO WHAT I WANT INFOSYS TO ACHIEVE IN 25 YEARS'ACHIEVE IN 25 YEARS'

What do I want to see this company achieve in the next 25 years? I want this to be a place where people of different races, nationalities and religious beliefs work together, in an environment of intense competition but utmost courtesy and dignity, to add greater and greater value to our customers, day after day. Just like we have received respect in India, I want Infosys to be the most respected company in every country that it operates.

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