Narayana Murthy
Narayana Murthy, is an Indian IT industrialist and the co founder of Infosys.
11. Company Profile
Infosys Technologies Ltd. NASDAQ INFY was started in 1981 by seven people with US$ 250.Infosys defines, designs and delivers technology enabled 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. Infosys and its subsidiaries have 130,820 employees as on March 31, 2011.
12. Virtues
Narayanas wife being a philanthropist, he too believes in philanthropy.Murthy comes across as a very social and friendly man. He always raises his voice for various social issues in the country such as, Elections, unemployment, poverty etc.He is a cooperative and a good natured person and manages his company quite well.The recent news of him quitting Infosys has been keeping him in the headlines.
13. Books
A Better India A Better World by N. R. Narayana Murthy Penguin Books, 2009.
14. Best quotes
Nagavara Ramarao Narayana Murthy, the well known IT czar from Bengaluru, is credited with building India
15. 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 wasnt taking off, he moved on.
16. 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.
17. 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.
18. 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.
19. 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.
20. 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.
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