Journey of Mr. NRN MurthyLets kick off the journey

Contents Coverage

Academics

Basic DetailsBirth DOB Birth Place Family background

August 20,1946 Mysore , Karnataka Kannada Madhwa Brahmin family

Academic University Year passed

Graduation(E.E) NIT (University of Mysore) 1967

M.Tech IIT Kanpur 1969

Jobs

IIIM Ahmedabad(Chief System Programmer) BASIC interpreter (ECIL)

Patni Computers(Pune)

Personal Life

NRN’s Pesonal Life:• First meeting : Pune• Common friend:

Parsanna(Chief at Wipro)• Conversation Topics:

Murhty’s experiences abroad and the books

• Soon Become good friends

By Sudha Murti : Neha

NRN’s Words to Sudha• “I am 5′4″ tall.• I come from a lower

middle class family.• I can never become rich

in my life and I can never give you any riches.

• You are beautiful, bright, and intelligent and you can get anyone you want.

• But will you marry me?”By Mr. NRN: Mr.Gurjant

3 year courtship period• Sudha’s father verdict was a big

No.• Since he didn’t earn much to

manage and had no steady job. • Murty quit his job as research

assistant and started his own software business.

• 1977 Murty decided to take up a job as General Manager at Patni Computers in Bombay.

Mrs. Sudha Murthy

• Venue: MURTY’S HOUSE IN BANGALORE• Date: FEBRUARY 10, 1978 • Sudha becomes Sudha Murthy

Enterprenurship

NRN’s VISION- Infosys• IN 1981 , Murthy had a

vision but zero capital.• Mrs. Murthy lend NRN

Rs. 10,000 and just 3 years.

• NRN started chasing his dream of being entreprenur.

• Big business does not only require money but a big idea.

How Infosys emerges• Murty and his six colleagues

started Infosys in 1981• In 1983, Infosys got their first

client, MICO, in Bangalore .• Mrs Murthy worked as Senior

Systems Analyst with Walchand group of Industries to support the house

Lessons From NRN – An Enterpreneur

Seize your gandhi moment• You might fail, but get

started• Think big. don't hesitate

to start small

• In 1976, Murthy founded Softronics, a company that lasted a year and a half. When he realised that his first venture wasn't taking off, he moved on

• In 1981, a determined Murthy started Infosys with Rs 10,000 he borrowed from his wife.

Cut yourself a slice, not a large one always• Lend a hand and throw

in a foot Too• Own up, and then clean

up

• After Murthy convinced seven of his colleagues, there was a problem. Nandan's future inlaws were not sure about him. Murthy met Nandan's uncle and convinced him.

• In the '80s Infosys developed an application for a German client. Murthy noticed a single character error and informed the client immediately.

• Keep the faith• Get involved

• 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.

• 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.

• Founders keepers, but not forever

• Talent spotting and division of labour

• Murthy's decision to not allow founders to continue with the company after the age of 65 set another standard for the company. This way, younger leaders at Infosys had a greater chance at the top positions.

• Murthy is known to have an eye for talent and a talent for dividing labour. Nandan was given sales responsibilities while Kris and Shibu did the tech stuff. N S Raghavan was asked to handle people and Dinesh was assigned quality.

Hold on to your people but don't cling• Give, it only gets you

more• Do it first and do it right

• In 2010, the Murthy's donated $ 5.2 million USD to Harvard University Press for a project that aims to make India's classical heritage available for generations to come. He is also supporter of the Akshaya Patra Foundation.

• Infosys did many things first. And most things right. For example, it was the first Indian company to list on Nasdaq. It was the first Indian company to make it to the Nasdaq 100 list and it was the first Indian company to attain the highest level of quality certification.

Trust in god, but verify with data• Treat your people good,

but your best betterHire a good accountant, even if he is argumentative

• Murthy always had a thing for good performers. And he rewarded them well. When Infosys decided to give its employees stock options, Murthy insisted that some shares be given to good performers through the 'Chairman's quota.‘

• A young, argumentative Indian, was asking too many questions at an annual general body meeting of Infosys. More impressed than irritated, he hired Mohandas Pai, who went on to help Infosys list on Nasdaq

When in doubt, disclose• Get rich. Honestly• Do not be afraid to

court controversy

• Rich businesses were considered to be dirty in the days when the country had a socialist bent. Infy was a company which got rid of this sentiment. Murthy, with his 'no compromise' policy on greasing palms and doing ethical business, set the standards.

• Ever since Infosys became a success, Murthy was under constant public glare. This did not deter the straight talking Murthy from courting controversy or voicing his opinions openly.

Invest in learning• Never lose the common

touch• Do good, look good

• The big man of Indian IT kept his personal life simple. He lives in a simple, middle class house and flies economy till date. Murthy has always been accessible to people around him.

• Murthy knew the importance of creating an image for Infosys. He invested in creating a sprawling, world class campuses early on, bigger than any other company's headquarters in the country, that would make his global customers feel like they were in a global office.

Make hay while the sun shines• Leave the family out• Don't be a pushover

• Murthy told his wife that only one of them could be with the company. Murthy, along with other founders, said that none of their children would work for Infosys. This left no room for nepotism at Infosys.

• In 1994, when General Electric wanted to re-negotiate rates, Murthy said no to selling services any cheaper. This helped Infosys not to be overly dependent on any one client.

Social Life

Awards and HonorsYear Name Awarding Organizations

2010 IEEE Honorary Membership IEEE

2010 Foreign Associate Member United States National Academy of Engineering

2008 Padam Vibhushan President of India

2008 Officer of the Legion of Honor Government of France

2007 Commander of the order of the British Empire

Government of United Kingdom

2007 IEEE Ernst Weber Engineering Leadership Recognition

IEEE

Awards and HonorsYear Name Awarding Organizations2003 Asia’s Businessman of the Year Fortune Magazine

2003 Indo-French Forum Medal Indo-French Forum

2003 World entrepreneur of the Year Ernst and Young

2001 Wharton Business School Dean’s MedalUniversity of Pennsylvania

2001 Max Schmidheiny Liberty Prize Switzerland

2001 Nikkei Asia Prize Nikkei Inc.

Awards and HonorsYear Name Awarding Organizations

2000 Padam Shri President of India

1998 Distinguished Alumnus Award IIT Kanpur

1996 JRD Corporate Leadership Award All India Management Association (AIMA)

Board MembershipsPositions Organizations

Independent director HSBC, DBS Bank and Unilever

Board member Ford Foundation, UN Foundation, Indo-British Partnership, and NDTV

Chairman Governing board of Public Health Foundation of India

He also serves as a British Telecommunications

He is serving in many organizations. For reference u can visit:http://en.wikipedia.org/wiki/N._R._Narayana_Murthy

Hobbies- Auhtor

NRN- as Author• A collection of thirty eight

speeches out of his hundreds of speeches-

• Addressing to Students,• Value System,• National Issues, • Education, Leadership,• Corporate and Public

Governance• Corporate Social

Responsibility • Philanthropy,

Entrepreneurship, Globalization and his own experience at Infosys.

• He tried to cover the issues seminal to the future of India and the world.

A Better India, A Better World

References• http://economictimes.indiatimes.com/

quickiearticleshow/9656193.cms• http://muglikar.multiply.com/• http://en.wikipedia.org/wiki/N._R._Narayana_Murthy• http://www.bbc.co.uk/news/business-12957104

Thank u all