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Have a big idea? Dreaming of ‘Kab Banega Crore pati’?
Driving down the road…and flash! You hit upon an idea that could change the world. An idea that will put you into the annals of history as a pioneer…but how and where do you start? I’ll help you find out.
Narayana Narayana
!!
The Infosys ‘Murthy’
The practical and pragmatic Narayana Murthy is the most admired CEO according to a survey conducted by Taylor Nelson Sofres Mode. The person who is linked up with the Infosys fame has some fine qualities that make him the man he is. Narayana Murthy’s name is synonymous with the successful Indian software industry that handles over 25 percent of software development for Fortune 500 companies.
Humble
beginnings
Starting out in 1981 with US$ 250, Infosys has grown exponentially to
reach a Market Capitalisation in NASDAQ alone of over US$ 27billion. One
of the main reasons for this progress is the sound management skill of
Narayana Murthy that has held Infosys together for the last two decades.
Infosys started out with a strong strategy and took nothing for granted. It preferred to follow the zero-based decision method- avoiding all previous biases while making an important decision. Narayana Murthy tapped into the low cost talent available in the Indian IT market and used it to his advantage, and now serves a loyal clientele 90% of which are overseas.
People
care
Repeat performance is what Infosys believes in. The Customer service is
given top priority at Infosys that makes it retain its market share. The
result- customers keep coming back and over 90% of Infosys’ clients
are repeat customers. Narayana Murthy considers Human Resources as the
greatest asset of the company. The “mutually exclusive but collectively
exhaustive” rule applies to all teams in order to solve all problems
and minimise outsourcing of any sort of development needs.
Narayana Murthy believes in applying the principles he practices to his personal life and his business governance practices. Infosys has pioneered the Employee Stock Options in India and Narayana Murthy believes in sharing his wealth with his employees turning some into millionaires, thus increasing employee retention.
Despite
the fact that he was a man of small beginnings, Narayana Murthy has not
stayed there. He has a closely knit family still believes in frugal living.
Narayana Murthy has fulfilled his desire of creating the opportunity for
quality employment in society increasing the quality of life and making
a difference in the Indian software industry.
What more can a man do in one life time?
