About N. R. Narayana Murthy• Mr. N. R. Narayana Murthy was the Chairman of the Board and Chief Mentor of Infosys Technologies Limited. – Retired Now.• He was born on August 20, 1946 in Karnataka, India.• He obtained his B.E. degree from University of Mysore in 1967 and his M.Tech from IIT, Kanpur in 1969.• He founded Infosys in 1981 along with six software professionals.• He was also awarded Padma Bhushan.
Entrepreneurship Attributes Opportunistic Professional Qualification & Knowledge Base Vision & Foresightedness Sound Management Skills Commitment to values, speed, Imagination & Excellence Leadership –Leaders in Making (Nandan Nilekani, T.Mohandas Pai, S.Shibulal)
Winning Strategies Investment in R&D. Under Promise & Over Deliver for investors Stress on building & Maintaining Relationships with customers. Sound working culture Share Offering – first time in India Process & Quality (98.5% defect detection before testing at client location.)
Continue Innovation Well defined framework (Data & Process driven operations) Right people for right job. Partnering with acedemecia (IIM –A,B,Cambridge)
B. Ramlinga Raju - SATYAM Founder – Satyam Computers in 1987 Chairman of Satyam Group till 2009 Build 4th largest IT Company of India Presence in more than 30 Countries. More than 30,000 employees. More than 8000 crores turnover
S Scam – A Calculated Move Success of Company Formation of Maytas and other benami companies Transfer of funds from satyam to these companies. Promoters shares decreases from 25.6% to 3.6% Sold his entire share from company
Continue Other top officials following the suit. Inflated balance sheet – indicator of good performance- stock prices soared Insider trading through dummy accounts Get maximum profit due to high share price. Abortive failed bid to take over Maytas infra to equalise the book of accounts. Attempt failed , scam surfaced.
Reasons of Scam Question Mark on instincts, System, Ethical Practice, Govts, SEBI…