Entrepreneur
Mr. Narayan Murthy
ANUJA CHAVAN
N R NARAYAN MURTHY
Born: 20-AUGUST-1946, Mysore
Education: B.E ELECTRICAL
[UNIVERSITY OF MYSORE(1967)]
M.Tech
[IIT,KANPUR (1969)
Career:
1...
Journey of Mr. Murthy…..


In 1981, Narayan Murthy founded Infosys with
six other software professionals.
Founders
• Nandan Nilekani [CEO & MD]
• S Gopalakrishnan [DIRECTOR]
• S D Shibulal [DIRECTOR]
• K Dinesh [DIRECTOR]
• N S ...
How Infosys came to being…
Narayan Murthy’s arrest in Bulgaria
From communism to Capitalism

Start-up Capital contribut...
Infosys Technologies Ltd.
Started in 1981 by seven people with US$ 250(Rs.

10000) from his wife.
 Infosys defines, desi...
 In 1987, Infosys opened its first international office







in U.S.A.
With the liberalization of Indian economy in...
2002:
Ranked No. 1 in the
"Best Employers in India 2002“
survey conducted by Hewitt
and
in the Business World's survey of...
Murthy served as the CEO of Infosys for
21 years from 1981 to 2002 & was
succeeded by co-founder Nandan Nilekani.
He was...
Sudha murthy
SUDHA MURTHY
 An electrical engineer & M.E. in Computer Science
from the Indian Institute of Science.
 First female engi...
INFOSYS FOUNDATION[1997]
Sole objective: Uplifting the lessprivileged sections of society.

Sudha Murthy is one of the t...
AWARDS
• 2012 Hoover Medal American Society of Mechanical Engineers
• 2011 NDTV Indian of the Year's Icon of India NDTV
• ...
A great leader
• Primary creator of India's biggest (and respected) IT
Organization Infosys
• Mr. Murthy obtained Rs 10,00...
30 lessons of Mr. Narayan Murthy
1-Seize Your Gandhi Moment
Murthy, a self proclaimed socialist in the mid
'70s was jailed...
2-You might fail, but get started
Learn from mistakes and move on.
In 1976, Murthy founded Softronics, a
company that last...
3-Think Big. Don't Hesitate to Start
Small.
In 1981, a determined Murthy started
Infosys with Rs 10,000 he borrowed
from h...
4-Cut Yourself a Slice, Not a Large
One
Always When Infosys was set up,
Murthy took a pay cut while salaries of
other co-f...
5-Lend a Hand and Throw in a Foot
Too

After Murthy convinced seven of his
colleagues, there was a problem.
Nandan's futur...
6-Own Up, and Then Clean Up
In the '80s Infosys developed an
application for a German client.
Murthy noticed a single char...
7-Trust in God, But Verify with Data
In God we trust, the rest must come
with data, is perhaps Murthy's favorite
statement...
8-Keep the Faith
Infosys almost wound up in 1990.
Murthy did not want to sell the
company. He asked co-founders if they
wa...
9-Get Involved
Infosys won a contract from Reebok in
the early '90s. Seeing the founders
involvement, the software, was ni...
10-Sharing is Caring
After the IPO, Infosys decided to share
a portion of its equity with employees.
This helped them reta...
11-Treat your People Good, but
Your Best Better
Murthy always had a thing for good
performers. And he rewarded them
well. ...
12-Hire a Good Accountant, Even if
he is Argumentative
A young, argumentative Indian, was
asking too many questions at an
...
13-When in Doubt, Disclose
Keep your books clean and leave the
cooking to the chef. Murthy's
philosophy about being open a...
14-Leave the Family Out
Murthy told his wife that only one of
them could be with the company.
Murthy, along with other
fou...
15-Don't be a Pushover
In 1994, when General Electric wanted
to re-negotiate rates, Murthy said no
to selling services any...
16-Make hay While the Sun Shines

In late 90's, India's tech companies
made use of the Y2K opportunity to
make themselves ...
17-Brand-aid First, Get Clinical
When the sexual harassment case
against Infosys' top sales guy Phaneesh
Murthy threatened...
18-Mind your Business, you'll See
Things Coming
Murthy carries and updates a mental
model of Infosys' business all the tim...
19-Keep it Simple, Not Silly
Keep your life simple and straight. That
way, you get to work more and worry
less. Murthy is ...
20-Founders Keepers, but Not
Forever

Murthy's decision to not allow
founders to continue with the
company after the age o...
21-Talent Spotting and Division of
Labor
Murthy is known to have an eye for
talent and a talent for dividing labour.
Nanda...
22-Hold on to Your People but don't
Cling
Letting go is never easy but its not
good to cling on to your colleagues
either....
23-Give, it only gets you more
In 2010, the Murthy's donated $ 5.2
million USD to Harvard University
Press for a project t...
24-Do it First and Do it Right
Infosys did many things first. And most
things right. For example, it was the
first Indian ...
25-Perils of Being a Poster Child
Being the poster child of Indian IT
industry, Infosys and Murthy have
been at the receiv...
26-Get Rich. Honestly
Rich businesses were considered to be
dirty in the days when the country had
a socialist bent. Infy ...
27-Do Not be Afraid to Court
Controversy
Ever since Infosys became a success,
Murthy was under constant public
glare. This...
28-Invest in Learning
With big investments in training,
development and building facilities,
India's IT bell-weather has a...
29-Never Lose the Common Touch

The big man of Indian IT kept his
personal life simple. He lives in a
simple, middle class...
30-Do Good, Look Good
Murthy knew the importance of
creating an image for Infosys. He
invested in creating a sprawling, wo...
HE WAS.. HE IS.. HE WILL..
He is a living legend and an epitome
of the fact that honesty,
transparency, and moral integrit...
Thank You
The living legend-Mr. Narayan Murthy-his journey,leadership,30 lessons
Upcoming SlideShare
Loading in …5
×

The living legend-Mr. Narayan Murthy-his journey,leadership,30 lessons

2,905 views
3,045 views

Published on

The living legend-Mr. Narayan Murthy-his journey,leadership,30 lessons

Published in: Business
0 Comments
4 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
2,905
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
431
Comments
0
Likes
4
Embeds 0
No embeds

No notes for slide

The living legend-Mr. Narayan Murthy-his journey,leadership,30 lessons

  1. 1. Entrepreneur Mr. Narayan Murthy ANUJA CHAVAN
  2. 2. N R NARAYAN MURTHY
  3. 3. Born: 20-AUGUST-1946, Mysore Education: B.E ELECTRICAL [UNIVERSITY OF MYSORE(1967)] M.Tech [IIT,KANPUR (1969) Career: 1. First position was at IIM Ahmadabad as chief systems programmer where he worked on a timesharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited). 2. Patni Computer Systems [Pune].
  4. 4. Journey of Mr. Murthy…..  In 1981, Narayan Murthy founded Infosys with six other software professionals.
  5. 5. Founders • Nandan Nilekani [CEO & MD] • S Gopalakrishnan [DIRECTOR] • S D Shibulal [DIRECTOR] • K Dinesh [DIRECTOR] • N S Raghavan [retired as joint managing director in 2000 & now chairman of the advisory council of the N S Raghavan Centre for Entrepreneurial Learning at the Indian Institute of Management, Bangalore] • Ashok Arora [worked for the company till 1988 and left after selling his shares in the then unlisted company back to the other promoters. He moved to the United States where he now works as a consultant]
  6. 6. How Infosys came to being… Narayan Murthy’s arrest in Bulgaria From communism to Capitalism Start-up Capital contribution from each founder/co-founder Sudha Murthy’s support
  7. 7. Infosys Technologies Ltd. Started in 1981 by seven people with US$ 250(Rs. 10000) from his wife.  Infosys defines, designs and delivers technologyenabled business solutions for Global 2000 companies.  Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers.  Infosys has a global footprint with 64 offices and 63 development centers in US, India, China, Australia, Japan, Middle East, UK, Germany, France, Switzerland, Netherlands, Poland, Canada and many other countries.
  8. 8.  In 1987, Infosys opened its first international office     in U.S.A. With the liberalization of Indian economy in 1990s, Infosys grew rapidly. 1993, the company came up with its IPO. In 1995, Infosys set up development centers across cities in India and in 1996, it set up its first office in Europe in Milton Keynes, UK. In 1999, Infosys became the first Indian company to be listed on NASDAQ.
  9. 9. 2002: Ranked No. 1 in the "Best Employers in India 2002“ survey conducted by Hewitt and in the Business World's survey of "India's Most Respected Company." 2006: Turnover= more than $ 2billion Employee strength= over 50,000.
  10. 10. Murthy served as the CEO of Infosys for 21 years from 1981 to 2002 & was succeeded by co-founder Nandan Nilekani. He was Chairman of the Board from 2002 to 2006, after which he became Chairman of the Board and Chief Mentor. In August 2011, he retired from the company, taking the title Chairman Emeritus.
  11. 11. Sudha murthy
  12. 12. SUDHA MURTHY  An electrical engineer & M.E. in Computer Science from the Indian Institute of Science.  First female engineer hired at India's largest auto manufacturer TATA Engineering and Locomotive Company or TELCO.  Met Narayan Murthy while employed as an engineer at TELCO in Pune  Clerk-cum-cook-cum-programmer  Opted to be a homemaker  Mr. Murthy : “Sudha, I stepped on your career to make mine. You are responsible for my success”.  Teaches computer science to MBA & MCA students..
  13. 13. INFOSYS FOUNDATION[1997] Sole objective: Uplifting the lessprivileged sections of society. Sudha Murthy is one of the trustees our activities span six states  travel to around 800 villages constantly  donate around Rs 5-6 crores every year  run Infosys Foundation the way Mr. Murthy runs Infosys - in a professional and scientific way..
  14. 14. AWARDS • 2012 Hoover Medal American Society of Mechanical Engineers • 2011 NDTV Indian of the Year's Icon of India NDTV • 2010 IEEE Honorary Membership Institute of Electrical and Electronics Engineers. • 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 • 2000 Padma Shri President of India
  15. 15. A great leader • Primary creator of India's biggest (and respected) IT Organization Infosys • Mr. Murthy obtained Rs 10,000 from spouse to begin Infosys. But all know the achievements of Infosys • Served as CEO of this organization for more 20 years • Receiver of several famous prizes like 'Padma Vibhushan', and also 'Legion of the Honor‘ • Regularly on the panel of HSBC, Honda Base and UN Base. • Had been regularly rated as great among top company leaders/influential individualities through well known press and media houses like The Time, Economist, CNN.. • IT consultant to the several China companies..
  16. 16. 30 lessons of Mr. Narayan Murthy 1-Seize Your Gandhi Moment Murthy, a self proclaimed socialist in the mid '70s was jailed for 72 hours in Bulgaria. The experience taught him that entrepreneurship and job creation is the way to alleviate poverty.
  17. 17. 2-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 wasn't taking off, he moved on.
  18. 18. 3-Think Big. Don't 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.
  19. 19. 4-Cut Yourself a Slice, Not a Large One Always When Infosys was set up, Murthy took a pay cut while salaries of other co-founder's were increased by 10 percent. According to Murthy, a leader needs to show his or her sacrifice and commitment.
  20. 20. 5-Lend a Hand and Throw in a Foot Too After Murthy convinced seven of his colleagues, there was a problem. Nandan's future in-laws were not sure about him. Murthy met Nandan's uncle and convinced him.
  21. 21. 6-Own Up, and Then Clean Up In the '80s Infosys developed an application for a German client. Murthy noticed a single character error and informed the client immediately.
  22. 22. 7-Trust in God, But Verify with Data In God we trust, the rest must come with data, is perhaps Murthy's favorite statement. When confronted with difficult decisions, he tends to rely on data.
  23. 23. 8-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.
  24. 24. 9-Get Involved Infosys won a contract from Reebok in the early '90s. Seeing the founders involvement, the software, was nick named 'Dinesh, Murthy and Prahlad.' Infy veterans still recall those days.
  25. 25. 10-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.
  26. 26. 11-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 'Chairman's quota.'
  27. 27. 12-Hire a Good Accountant, Even if he is Argumentative A young, argumentative Indian, was asking too many questions at an annual general body meeting of Infosys. More impressed than irritated, he hired Mohandas Pai, who went on to help Infosys list on Nasdaq.
  28. 28. 13-When in Doubt, Disclose 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.”
  29. 29. 14-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.
  30. 30. 15-Don't be a Pushover In 1994, when General Electric wanted to re-negotiate rates, Murthy said no to selling services any cheaper. This helped Infosys not to be overly dependent on any one client.
  31. 31. 16-Make hay While the Sun Shines In late 90's, India's tech companies made use of the Y2K opportunity to make themselves known in the global market. For Infosys, it was a great opportunity to enter into long-term relationships with their customers.
  32. 32. 17-Brand-aid First, Get Clinical When the sexual harassment case against Infosys' top sales guy Phaneesh Murthy threatened to tarnish the company's brand, Murthy decided to quickly react. He let go of Phaneesh, and settled the case out of court despite Phaneesh wanting to fight it out.
  33. 33. 18-Mind your Business, you'll See Things Coming Murthy carries and updates a mental model of Infosys' business all the time. According to him, every leader must have a model, consisting of six to seven parameters that might affect business.
  34. 34. 19-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.
  35. 35. 20-Founders Keepers, but Not Forever Murthy's 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.
  36. 36. 21-Talent Spotting and Division of Labor Murthy is known to have an eye for talent and a talent for dividing labour. Nandan was given sales responsibilities while Kris and Shibu did the tech stuff. N S Raghavan was asked to handle people and Dinesh was assigned quality.
  37. 37. 22-Hold on to Your People but don't Cling Letting go is never easy but its not good to cling on to your colleagues either. Amongst the founders, Ashok Arora, Nandan Nilekani and K Dinesh have quit Infosys. Infy veteran Mohandas Pai has also left Infosys.
  38. 38. 23-Give, it only gets you more In 2010, the Murthy's donated $ 5.2 million USD to Harvard University Press for a project that aims to make India's classical heritage available for generations to come. He is also supporter of the Akshaya Patra Foundation.
  39. 39. 24-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.
  40. 40. 25-Perils of Being a Poster Child Being the poster child of Indian IT industry, Infosys and Murthy have been at the receiving end of many criticisms. The company has been accused of taking away American jobs and been called a "chop shop."
  41. 41. 26-Get Rich. 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.
  42. 42. 27-Do Not be Afraid to Court Controversy Ever since Infosys became a success, Murthy was under constant public glare. This did not deter the straight talking Murthy from courting controversy or voicing his opinions openly.
  43. 43. 28-Invest in Learning With big investments in training, development and building facilities, India's 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.
  44. 44. 29-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.
  45. 45. 30-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 company's headquarters in the country, that would make his global customers feel like they were in a global office.
  46. 46. 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.
  47. 47. Thank You

×