narayan murthy

2. PROFILE
 Born : August 20, 1946 Mysore, India
 Occupation : Chairman of Infosys Technologies
 Salary : $50,000 (Infosys)
 Net worth : $1.6 billion (2010)
 Spouse : Sudha Murthy
 Children : 2

3. BRIEF INTRODUCTION
 N. R. Narayana Murthy is an Indian businessman.
 Software engineer & the founder of Infosys Technologies.
 Consulting and IT services company based in India.
 He is currently the non-executive Chairman of Infosys.
 He was the CEO of the company for 21 years (1981 - 2002).

4. BRIEF INTRODUCTION
 After stepping down as CEO in 2002.
 He has broadened his scope of activities.
 To social services as well as promoting India globally.
 His estimated net worth is $1.6 billion as of 2010.
 In 2009, his lectures delivered around the world have
been published as a book “A Better India: A Better
World”.

5. EARLY LIFE
 Graduated in electrical engineering from NIE in 1967.
 Received his master's degree from IIT Kanpur in 1969.
 His 1st position was at IIM-A as chief systems programmer.
 He worked on a time-sharing system.
 Designed and implemented a “BASIC” interpreter for
ECIL (Electronics Corporation of India Limited).

6. EARLY LIFE
 After IIM-A he then joined Patni Computer Systems in Pune.
 Murthy met his wife Sudha Murthy in Pune.
 An engineer working at Tata Engg. and Locomotive Co. Ltd.
 In 1981, with an investment of Rs.10,000 he founded Infosys.
 He served as the president of the National Association of
Software and Service Companies (1992 to 1994).

7. CORPORATE PROFILE
 Murthy served as the founder CEO of Infosys for 21 years.
 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.
 Murthy serves as an independent director on the board of
the DBS Bank of Singapore.
 He also serves as a director on the Central Board of the
Reserve Bank of India.

8. CORPORATE PROFILE
 He is also an Independent Director on the board of HSBC.
 He also serves on the boards of the Ford Foundation and
UN Foundation.
 He is the chairman of the governing body of the
International Institute of Information Technology –
Bangalore.
 Chairman of the Governing Body of the Indian Institute
of Management, Ahmadabad.

9. CORPORATE PROFILE
 Murthy retired from his executive position at Infosys on
20 August 2006.
 However, he continues as the Non-Executive Chairman of
the board.
 Murthy started a new venture capital fund called
Catamaran Venture Fund with the money he got by
selling 800,000 Infosys shares worth 174Crores.

11. Never giving up
 In 1976, Murthy founded Softronics, a company
that lasted a year and a half. When he realised that
his first venture wasn't taking off, he moved on.
 So he got failure in life but he never stopped.

12. Adversity
 Always raising the confidence of followers.
 Always making employees understand that tough
times are part of life and that they will come out better
at the end of it.
 sustaining the hope of employees.

13. Risk taking ability
 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.
 According to Murthy, ”Think Big. Don't Hesitate to
Start Small.”

14. Values
 For creating a successful organization, it requires creating
trust in people.
 And to create trust, the leader has to subscribe to a value
system: a protocol for behavior that enhances the
confidence, commitment and enthusiasm of the people.

15.  Narayan Murthy is having following kind of values:
1. When in Doubt, Disclose( Honesty and
transperancy)
 Keep your books clean and leave the cooking to the chef. Murthy's
philosophy about being open and transparent has given the
company a lot of credibility. He often says, "When in doubt,
please disclose.”
2. 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.

16. 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.
 So as a leader he always believed in employee
welfare.

17. Enhancing trust
 He brought transparency at Infosys.
 Has created an environment where each person feels
secure enough to be able to disclose his or her
mistakes, and resolves to improve.

18. Governance
 Good corporate governance is about maximizing
shareholder value on a sustainable basis while ensuring
fairness to all stakeholders: customers, vendor-partners,
investors, employees, government and society.
 At Infosys, he has consistently adopted transparency and
disclosure standards even before law mandated it. In 1995,
Infosys suffered losses in the secondary market. Under
Indian GAAP (generally accepted accounting principles),
we were not required to make this information public.
Nevertheless, infosys published this information in their
annual report.

19. Always a Learning Person
 For a successful leader, a constant learning process
is very important. When due to lack of knowledge,
a leader cannot provide solution to the team, he
loses respect in their eyes. And sometimes he has
to pay a heavy price for that.
 Leadership and learning are indispensable.
 And Narayan Murthy Was also the such person
because when he lost money in his first venture
Softronics in 1980, he learned from his mistake
and took care of all those things in life.

20. Talent Spotting and Division
of Labor
 Murthy is known to have an eye for talent and a
talent for dividing labour.
 Narayan Murthy Knows that The success depends
on placing right people at right task. And hence he
developed an ability to identify the strengths of his
team member and utilise to them optimally.

21. Getting Rich but Honestly
 Rich businesses were considered to be dirty in the
days when the country had a socialist bent. Infy
was a company which got rid of this sentiment.
 Murthy, with his 'no compromise' policy on
greasing palms and doing ethical business, set the
standards.

22. Never Losing 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.
 So murthy always believe in simplicity of life.

23. POSITIVE STYLE-
 Mr. Murthi has a positive style of leadership i.e. a
leader promote his follower to work hard by offering
them rewards. Mr. Murthi promote his employee as
per their ability.He always believe in Honesty and
Loyalty.

24. Two mottos
 He always kept in mind two Sanskrit sentences:
1. Sathyannasti Paro Dharma (there is
nodharma greater than adherence to truth);
2. Satyameva jayate (truth alone triumphs).
 He Let these be his motto for good corporate
leadership

25. HE WAS.. HE IS.. HE WILL..
 He is a living legend and an epitome of the fact
that honesty, transparency, and moral integrity are
not at variance with business acumen. He set new
standards in corporate governance and morality
when he stepped down as the Executive Chairman
of Infosys at the age of 60.