“ THE MAN WHO COULD CONVERT THE OIL MILL INTO A SOFTWARE ”
Company Name:-Western India Vegetable Products.
God Father :- Mohamed Husain Hasham Premj.
Place :-Amalner in Maharashtra
Company business:- Turning the local groundnuts into vnaspati which is choice of Indian kitchen
Reason :- when his father died of heart attack at the age of 51 ,
Difficulty :-Azim Premji had to leave my education two quarters incomplete. The circumstances demanded it. he had to take care of the company. The company was dealing with a personal loss, he was also trying to take charge of a role for which he had no training, no experience, no preparation and no demonstrated strengths.
The company started known by a name ACRONYM
Later its name changes to a new brand name that is WIPRO
Wipro made a significant entry into Bangalore from their premji was famous by a man who first led India's charge into knowledge economy by entering in computer business soon after the IBM was forced to leave in 1979from their Wipro to achieve software superpower status
In the very first AGM, there was a shareholder, who said that he didn’t trust my ability to run the company. He said that if I were running the company, I could only run it to the ground.
In hindsight, perhaps he had good reason to say what he did, because indeed I was very young and with no experience in business. (At that time, my need was to dye my hair white to look older).
But for me at that point in time, his statement was a challenge. A challenge that consumed me in many senses. I made up my mind that I will prove him wrong, and with each passing day my resolve only increased. With each difficulty that I faced, my determination only grew .
Premji adopted empower strategy with various heads of division and groups of companies and prepare their own business plans.
Due to his clear visibility finally he obtained a bachelor degree in electrical engineering from Stanford in September 2000for this he cleared two major terms in six month and picked up the required 22 credits under the guidance of Stanford professor.