NARAYANA MURTHY BIOGRAPHY PDF
PDF | The present case revolves around the comeback of Narayana Murthy as executive chairman N. R. Narayana Murthy: A Biography (), By Ritu Singh, . Nagavara Ramarao Narayana Murthy was born 20 August he commonly referred to as .. "IEEE Ernst Weber Engineering Leadership Recognition Recipients" (PDF). IEEE. Retrieved 20 November ^ "WEOY winner ". E&Y. N. R. Narayana Murthy is the co-founder of Infosys Ltd. This biography of Narayana Murthy provides detailed information about his childhood.
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OF HOW INFOSYS WAS BORN AND HOW HER LIFE HAS CHANGED. I was in Pune when I met Narayana Murthy through my friend Prasanna, who is now. Who is Narayana Murthy- profile and brief biography with factsheet. Also get educational qualification, family background, age, marital status. BIOGRAPHY. Mr. N. R. Narayana Murthy is the Chairman of the Board and. Chief Mentor of Infosys. He founded Infosys with six other soft- ware professionals.
He played a very prominent role in nurturing Infosys and helped in shaping up a position for Infosys in the giant IT World. His dedication, values, principles were extremely simple and down to earth.
NRN is an epitome of simple living and high thinking. Murthy has been enlisted in the top 12 greatest entrepreneurs by the Fortune Magazine. He was with Infosys for a long time and now continues to be mentoring them with the same dedication he had put in to bring forth the company. Early Life Narayana Murthy Born in Siddhaghatta, Kolar in Karnataka, after his school education he pursued his engineering in National Institute of Engineering and graduated from there in , with a degree in Electrical Engineering.
Again, he acquired his masters from Indian Institute of Technology in Kanpur in After completing his education, he moved to London, where he worked in a company called SESA for 3 years. This was when he decided to return to India to start his own company. He initiated a small IT software consulting firm in Pune, but the company failed and he joined Patni Computer Systems later. The failure of the startup was like a learning experience for him. That was a time when he met his soul mate Sudha Murthy who offered him a helping hand in investing for the company he wanted to start with.
New beginning — Infosys Finally, in , Infosys was founded, where his life began to change. Along with him, were 6 other software professionals who joined him to start Infosys.
Infosys flourished in the IT industry with the proper guidance and hard work that these professionals and NRN had put in. Even after retiring from the service after serving the company for years, NRN has always being a part of the organization as a Mentor. His values and suggestions always kept Infosys stronger in the IT world. Twenty-five crore million people do not have access to safe drinking water.
But Murthy had the courage of conviction. So Infosys got its first joint venture partners in Kurt Salmon Associates. Rohini took care of Murthy's son as Sudha helped write software programmes for Infosys. There was no luxury. So the Nilekanis stayed with the Murthys at their Jayanagar home in Bangalore. Most of the founders Murthy. But they had no house to stay. The first years of Infosys were not smooth.
They had no car. And they wanted to make an impact in the American market. But the joint venture collapsed in Shibulal and Gopalkrishnan were into writing codes. The collapse of the KSA joint venture led Infosys to its first crisis.
Even 63 years after Independence. It uses a low-risk. Dinesh and Raghavan -decided to stay. The company has over Infosys provides consulting and IT services to clients globally. The other partners Nilekani. Great leaders raise the aspirations of their followers. It is not sufficient just to have great leaders. They try to create an open and confident environment where first-raters recruit first-raters.
Narayana Murthy Biography
Such leadership training and mentoring has to become the responsibility of the current generation of leaders. Such leaders make people embrace the adage: Infosys has grown from a company of seven workers to a global corporation employing more than Murthy's tirelessness paid off.
This tiny sum only kept the company going for a short time. Murthy remembers India's environment in the early s as "extremely business-unfriendly". Murthy says there was one simple way to remain profitable from the start: He recalls waiting a year to get a telephone connection and three years for a license to import a computer.
Some of our people have gone to affected areas and helped people to improve processes for better management of aid distribution. The Infosys Foundation has donated clothing. Slow bureaucracy and long-winded procedures meant just getting the basic technology required to run a company. Infosys has contributed Rs 50 million to the Prime Minister's Fund. Infosys requested employees to contribute a day's salary on a voluntary basis. This responsibility is even greater in the case of multinationals.
When the vast majority of the poor believe that there is a positive impact on them because of a public-private partnership involving multinationals. By making a difference to the society in which they operate. Public-private partnerships in developing countries like India are very important because a company cannot prosper on a sustainable basis.
End of December By the end of March Murthys' Charity in from Infosys Shares N. December It can be much more difficult to learn from success than from failure. The fourth theme is a cornerstone of the Indian spiritual tradition: It is less important. Learning from experience.
I believe. I am struck by the incredible role played by the interplay of chance events with intentional choices. If the quality of the learning is high.
Put simply. I believe the Infosys story is living proof of this. If we fail. It is this very quality of how we respond systematically to chance events that is crucial.
Of course. As I think across a wide variety of settings in my life. The latter view. It is more important how and what you learn. Success can indiscriminately reinforce all our prior actions.
While the turning points themselves are indeed often fortuitous. As recent work by the psychologist. Carol Dweck. A second theme concerns the power of chance events.
I will begin with the importance of learning from experience. In fact. Do you believe that these events can provide turning points to which you will respond with your energy and enthusiasm? Do you believe that you will learn from these events and that you will reflect on your setbacks? Do you believe that you will examine your successes with even greater care? I hope you believe that the future will be shaped by several turning points with great learning opportunities.
Yet here I stand before you! With every successive step. Back in the s. I would like to end with some words of advice. I believe this greater awareness and knowledge of oneself is what ultimately helps develop a more grounded belief in oneself.
Narayana Murthy's Factsheet
Based on my life experiences. Do you believe that your future is pre-ordained. I can assert that it is this belief in learning from experience. My young friends. The new leadership will take over on August CEO-designate Shibulal.
Kamath as the new Chairman. The announcement was made in the late evening of April Kamath reclused himself before final cut was made. Infosys 3. Another co-founder. Lehman April 30 The company also decided to change its name from Infosys Technologies to Infosys Ltd. Also somewhat unusually.
Murthy meanwhile. In contrast. He dismissed speculation about a run for public office. As for charity. Indians worth a fraction of that have servants to clean up after them. Azim Premji. Murthy believes in distributing the wealth. A leftist during his student days at the respected Indian Institute of Technology. Yale University and the Indian Institute of Management. Since then he was convinced that his future lay in information technology.
Their dream Gates said his original dream was not 'sales. Even today he dreams of one such PC that would change the lives of one and all. The second defining moment came when he decided to drop out of school to He also dreams to see a PC on top of every desk. Gates' biggest fear is that he may miss out a technological change and his rivals may make hay over it.
Murthy's dream was to set up a company that is respected globally. While he was in Bulgaria. He also said that Microsoft would hire up to 3. Sense of humour Their sense of humour too was visible at a chat show for a television channel in Delhi. Murthy was arrested for having talked to a girl in French!
He was subsequently released when the Bulgarian authorities found out that he was from India. Gates also plans to set up rural IT pilot projects in six Indian states. It was then that he decided to build an organisation that would be globally respected. Gates on Iraq Gates thought 'Iraq was a very good decision'. For Murthy it was quite another story. He said when it came to the open economy no one could compete with the US.
Gates said he never hesitated to take risk. Bill Gates wrote the basic compiler and Mr. Like both started life as hardcore software guys. One major similarity.
Both have huge businesses but even larger social goals with larger hearts. As icons they have to resist tremendous pressures. Both have wives. As you look into their lives there are so many similarities. Bill Gates and Mr.: Steve Ballmer and Nandan Nilekani. Both remarkable men. If it is stingy. Both used to travel economy class. We have with us together two icons of our times.
Both iconic entrepreneurs. Melinda and Sudha. Both of them have superb right hand people i.
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Both today have given up being CEOs and taken a step back to help with the bigger kind of picture with bigger vision. To me and many of us at TiE.
Ironically both are voracious readers.
What are the defining moments in your life? Certainly the opportunity to use a computer at young age. My decision to leave school and start a company.
That was when I got fascinated and completely immersed. I think that was a big help to us. There have been at least three defining moments in my life. In my case I thought the time was very important to get in and be the very first.
Second was in The school teacher asked me to teach computer to the class.
I would say that these were the three defining moments in my life. I was only 13 at that time and I was 16 when I first understood the magic of chips with double power every two years.
So this chip computer comes out and I decided to go to Paul Allen and provide the software for the very first personal computer. My parents thought that I was going on leave and will come back as the company will not succeed. The willingness to take the risk before anybody else was doing it. First when I was incarcerated in Bulgaria.
Both of you started ESOPs and both of you have given it up. We cannot talk to the machine and it cannot talk to us and we are still looking for that computer. How do you keep yourself motivated to work on and on and on? I love my work. Most passionate people in the world are held by larger goals.
If you get to a point where industry is so hot. So there is still lot of work to be done as there is no finish line anywhere near. Microsoft shared more wealth than any other company has in the history of capitalism. I have a dream of having a computer in every home. At Infosys. But we are actually into shares now where you My vision was not about sales or profits but it was about this computer.
Maybe We are not even half way in achieving that goal. It is the real commitment to the future. I always believed that leadership does not succeed in a vacuum. It is a must and we. Is democracy important in taking business decisions? Democracy means right way of looking at resources. We value knowledge as the most intangible asset. We waste lot much of it in discussions. We have to come to conclusion out of discussions and get to execution. There has to be a greater premium on time.
And then as it was pointed out. People have started questioning. We suspended it because we have to expense it out according to US regulations and then we realized that it is not the best model for us anymore.
India has got a new energy with Democracy as its foundation.
If you want to bring those people on board then you need some equitable paradigm and that is why Infosys adopted the ESOPs model. One of my friends from Harvard aptly quoted.
It is all about making sure that people will get their value. My question is for Mr. What challenges are faced by large and small companies in attracting. I am unabashed admirer of US for their openness. It is all about creating the dream and vision and articulating that everybody is able to take the rainbow and put in pocket. It is for us to work harder to convince the US people. I see it as our failure. We need to get a device which will get us value at the low cost.
Is it love-hate relationship? Now we will take some of the questions from the audience. Like speech recognition. Bill Gates. If there is an outcry. I see natural interface technology as the important area that shall dominate the sphere. After the internet. The last question. Will you ever enter into politics? NO Very large companies are created in US. What do we need to do to have the same in India? We need a more competitive market. It is all market economy that survives.
Corporations have to realize the importance of innovation. We always talk big companies like Yahoo. Very strong combination of all the three shall help to achieve success. What human qualities are important for success? You need passion. One day I asked him: He said: What appeals to me is that in a symphony there are over people. A final word: I believe that we have all at some time eaten the fruit from trees that we did not plant. Go forth and embrace your future with open arms.
The best use of all your wealth is to share it with those less fortunate. I believe this is our sacred responsibility. They prove that one plus one can be more than two.Electrical '67, Univ.
Second, INFOSYS are creating a grand, noble vision which elevates the energy, enthusiasm and self-esteem of everyone in the company while ensuring that everybody sees a benefit in following the vision. Akshata Murthy is married to Rishi Sunak.