Tuesday, November 22, 2011

INFOSYS’S NARAYANA MURTHY

Narayana Murthy’s life is exactly the stuff that dreams are made of. The man started a company with 6 likeminded people in the 1980’s with just a few rupees and today Infosys is the first name that crops up when someone thinks of IT. The world over Infosys is the one who supplies solutions to IT needs-small and large. What makes Narayana Murthy’s story interesting is the fact that he made his bones at the time when computers weren’t as common as they are today and the famous Indian license Raj was still making it difficult for people to do anything. The hard-working simple south Indian is a role model for millions and stories about Murthy’s humility and modesty have been cited as examples of ‘Simple Living, High Thinking’. The deal about him taking a cab or a bus to work at times when his driver didn’t show up have been doing the rounds for years now. The way things were going maybe Murthy would have ended up as the Indian President following the tradition set up President Kalam. That would have been the ideal end to the storybook life of Narayana Murthy but perhaps being India Inc’s poster boy must have finally caught up with him.

In February 2001, Infosys technologies ltd. was voted as the best managed company in Asia in IT sector.mr. Narayana murthy had built an organization that is respected across the country with very strong system, heigh ethical values, and a nurturing working atmosphere.

If we’ll see the following milestone covered by Infosys in mentorship of Mr. NARAYANA MURTHY, we can say that INFOSYS is the world’s largest IT solution co.

· According to a leading financial magazine euromoney’s SURVEY infosys is the best managed company in the world.

· In two decade, from a turnover of INR 1.16 million in 1981, infosys had grown to an INR 19 billion co. in 2001.

· Infosys is the 1st INDIAN IT’S company who’s share is listed in nasdaq at the cost of US$ 75 million.

so by these milestone we can say infosys is the world’s largest IT solution company.

Mentor of infosys Mr. narayana murthy is a good leader as well as manager also, he made his company on the basis of employee satisfaction, he built an organization that is respected across the globe, with very strong systems, high ethical values and a nurturing working atmospahre.when he was in Paris he realized that the only way to pull India out of poverty was to create more jobs by setting new companies. So his thought is saying here that how much he is concerning about his country and welfare of other people also. During 1998-99 he planned to position infosys as a true global company, global clients, global operation global staff and a global brand image.

Mr. Narayana murthy planned three steps for infosys and its development. These are “global delivery model” the model said that producing where it is most cost effective. The 2nd was “moving up the value chain” and the 3rd one was “PSPD (predictability sustainability profitable de-risking problem) according to him these are four fundamental tenets of any well run business.

Infosys provides many facilities to its employees which were intended to take care of both professional and personal needs such as ticketing,medical.credit card ,house loan and so on… narayana murthy believed that employees create wealth they are most valuable assets of the company. He also believed in commitment in values and ethical conduct of business. He also believe in simple living and high thinking so he never used any benefit of company’s fund except his salary and dividend.

So these are some work done by Mr.Narayana murthy, which shows his leadership qualities and skills which help him and the organization to reach where they are today.

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