Narayana Murthy. 1. History and family Background: -Born on August 2. N. R. Narayana Murthy is a B. E. Electrical from University of Mysore (1. M. Tech from IIT Kanpur (1. Narayan Murthy began his career with Patni Computer Systems in.
Pune. In 1. 98. 1, Narayana Murthy founded Infosys with six other software professionals. In 1. 98. 7, Infosysopened its first international office in U. S. A. Nagavara Ramarao Narayana Murthybetter known as.
N. Narayana Murthy, isan Indian businessman, software engineer and the founder of Infosys Technologies , a consulting and ITservices company based in India. He is currently the non- executive Chairman and Chief Mentor of Infosys.
He was the CEO of the company for 2. After stepping down as CEOin 2.
Narayana Murthy Chairman and Chief Mentor. The day we inaugurated India’s first software campus is still vivid in.
India globally. His estimated net worth is $1. In 2. 00. 9, his lectures delivered around the world have been published as a book .
Free PDF ebooks (user's guide. A better india a better world by narayana murthy f p j.doc. Sneham Kosam By Manmadha Murthy Pdf Part 02, Sneham Kosam Murthy, Sneham Kosam By Murthy Telugu Boothu Katha Pdf Download. Nagavara Ramarao Narayana Murthy. Murthy and six software professionals founded Infosys in 1981. A Better India: A Better World by N. Narayana Murthy; Penguin Books, 2009.
Narayan Murthy as an Entrepreneur. The Economist ranked Narayana Murthy eighth on the list of the 15 most admired. A Better India World Nr Narayana Murthy, Harcourt Science Answer Key Grade 4. IPC 7711 Download free PDF. Title: A Better India World Nr Narayana Murthy Author: Luca Faust Subject: a better india world nr narayana murthy Keywords: Read Online a better india world nr narayana murthy, a better india world nr narayana murthy PDF. Buy A Better India: A Better World by NR Narayana Murthy: ISBN. A Better World; by N.R. Narayana Murthy; Allen Lane; 336 pages; Rs. ICICI Bank brings software robots to its branches.
Heis a living legend and an epitome of the fact that honesty, transparency, and moral integrity are not atvariance with business acumen. He set new standards in corporate governance and morality when hestepped down as the Executive Chairman of Infosys at the age of 6. With the liberalization of Indian economy in 1. Infosys grew rapidly. In 1. 99. 3, the company came upwith its IPO. In 1. 99. 5, Infosys set up development centers across cities in India and in 1. Europe in Milton Keynes, UK.
In 1. 99. 9, Infosys became the first Indian company to be listedon NASDAQ. Today (in 2. 00. 6), Infosys has a turnover of more than $ 2billion and has employee strengthof over 5. In 2. 00. 2, Infosys was ranked No.
Life lessons from Narayana Murthy. Home > Business > Special. Life lessons from Narayana Murthy. May 2. 8, 2. 00. NR Narayana Murthy, chief mentor and chairman of the board, Infosys Technologies, delivered a pre- commencement lecture at the New York University (Stern School of Business) on May 9. It is a scintillating speech, Murthy speaks about the lessons he learnt from his life and career.
We present it for our readers: Dean Cooley, faculty, staff, distinguished guests, and, most importantly, the graduating class of 2. I thank Dean Cooley and Prof Marti Subrahmanyam for their kind invitation. I am exhilarated to be part of such a joyous occasion. Congratulations to you, the class of 2.
After some thought, I have decided to share with you some of my life lessons. I learned these lessons in the context of my early career struggles, a life lived under the influence of sometimes unplanned events which were the crucibles that tempered my character and reshaped my future. I would like first to share some of these key life events with you, in the hope that these may help you understand my struggles and how chance events and unplanned encounters with influential persons shaped my life and career.
Later, I will share the deeper life lessons that I have learned. My sincere hope is that this sharing will help you see your own trials and tribulations for the hidden blessings they can be. The first event occurred when I was a graduate student in Control Theory at IIT, Kanpur, in India. At breakfast on a bright Sunday morning in 1.
I had a chance encounter with a famous computer scientist on sabbatical from a well- known US university. He was discussing exciting new developments in the field of computer science with a large group of students and how such developments would alter our future. He was articulate, passionate and quite convincing. I went straight from breakfast to the library, read four or five papers he had suggested, and left the library determined to study computer science. Friends, when I look back today at that pivotal meeting, I marvel at how one role model can alter for the better the future of a young student. This experience taught me that valuable advice can sometimes come from an unexpected source, and chance events can sometimes open new doors. The next event that left an indelible mark on me occurred in 1.
The location: Nis, a border town between former Yugoslavia, now Serbia, and Bulgaria. I was hitchhiking from Paris back to Mysore, India, my home town. By the time a kind driver dropped me at Nis railway station at 9 p. So was the bank the next morning, and I could not eat because I had no local money. I slept on the railway platform until 8.
Sofia Express pulled in. The only passengers in my compartment were a girl and a boy. I struck a conversation in French with the young girl. She talked about the travails of living in an iron curtain country, until we were roughly interrupted by some policemen who, I later gathered, were summoned by the young man who thought we were criticising the communist government of Bulgaria. The girl was led away; my backpack and sleeping bag were confiscated.
I was dragged along the platform into a small 8x. I was held in that bitterly cold room without food or water for over 7. I had lost all hope of ever seeing the outside world again, when the door opened. I was again dragged out unceremoniously, locked up in the guard's compartment on a departing freight train and told that I would be released 2. Istanbul. The guard's final words still ring in my ears - - . This long, lonely, cold journey forced me to deeply rethink my convictions about Communism.
Early on a dark Thursday morning, after being hungry for 1. I was purged of any last vestiges of affinity for the Left. I concluded that entrepreneurship, resulting in large- scale job creation, was the only viable mechanism for eradicating poverty in societies. Deep in my heart, I always thank the Bulgarian guards for transforming me from a confused Leftist into a determined, compassionate capitalist! Inevitably, this sequence of events led to the eventual founding of Infosys in 1.
While these first two events were rather fortuitous, the next two, both concerning the Infosys journey, were more planned and profoundly influenced my career trajectory. On a chilly Saturday morning in winter 1.
Infosys met in our small office in a leafy Bangalore suburb. The decision at hand was the possible sale of Infosys for the enticing sum of $1 million. After nine years of toil in the then business- unfriendly India, we were quite happy at the prospect of seeing at least some money. I let my younger colleagues talk about their future plans.
Discussions about the travails of our journey thus far and our future challenges went on for about four hours. I had not yet spoken a word. Finally, it was my turn. I spoke about our journey from a small Mumbai apartment in 1. I believed we were at the darkest hour before the dawn. I then took an audacious step.
If they were all bent upon selling the company, I said, I would buy out all my colleagues, though I did not have a cent in my pocket. There was a stunned silence in the room. My colleagues wondered aloud about my foolhardiness. But I remained silent. However, after an hour of my arguments, my colleagues changed their minds to my way of thinking.
I urged them that if we wanted to create a great company, we should be optimistic and confident. They have more than lived up to their promise of that day.
In the seventeen years since that day, Infosys has grown to revenues in excess of $3. In the process, Infosys has created more than 7. A final story: On a hot summer morning in 1. Fortune- 1. 0 corporation had sequestered all their Indian software vendors, including Infosys, in different rooms at the Taj Residency hotel in Bangalore so that the vendors could not communicate with one another.
This customer's propensity for tough negotiations was well- known. Our team was very nervous. First of all, with revenues of only around $5 million, we were minnows compared to the customer. Second, this customer contributed fully 2.
The loss of this business would potentially devastate our recently- listed company. Third, the customer's negotiation style was very aggressive. The customer team would go from room to room, get the best terms out of each vendor and then pit one vendor against the other.
This went on for several rounds. Our various arguments why a fair price - - one that allowed us to invest in good people, R& D, infrastructure, technology and training - - was actually in their interest failed to cut any ice with the customer. By 5 p. m. I closed my eyes, and reflected upon our journey until then.
Through many a tough call, we had always thought about the long- term interests of Infosys. I communicated clearly to the customer team that we could not accept their terms, since it could well lead us to letting them down later. But I promised a smooth, professional transition to a vendor of customer's choice. This was a turning point for Infosys. Subsequently, we created a Risk Mitigation Council which ensured that we would never again depend too much on any one client, technology, country, application area or key employee.
The crisis was a blessing in disguise. Today, Infosys has a sound de- risking strategy that has stabilised its revenues and profits. I want to share with you, next, the life lessons these events have taught me. I will begin with the importance of learning from experience.
It is less important, I believe, where you start. It is more important how and what you learn.
If the quality of the learning is high, the development gradient is steep, and, given time, you can find yourself in a previously unattainable place. I believe the Infosys story is living proof of this. Learning from experience, however, can be complicated. It can be much more difficult to learn from success than from failure. If we fail, we think carefully about the precise cause. Success can indiscriminately reinforce all our prior actions.
A second theme concerns the power of chance events. As I think across a wide variety of settings in my life, I am struck by the incredible role played by the interplay of chance events with intentional choices. While the turning points themselves are indeed often fortuitous, how we respond to them is anything but so.
It is this very quality of how we respond systematically to chance events that is crucial. Of course, the mindset one works with is also quite critical. As recent work by the psychologist, Carol Dweck, has shown, it matters greatly whether one believes in ability as inherent or that it can be developed. Put simply, the former view, a fixed mindset, creates a tendency to avoid challenges, to ignore useful negative feedback and leads such people to plateau early and not achieve their full potential. The latter view, a growth mindset, leads to a tendency to embrace challenges, to learn from criticism and such people reach ever higher levels of achievement (Krakovsky, 2. The fourth theme is a cornerstone of the Indian spiritual tradition: self- knowledge.
Indeed, the highest form of knowledge, it is said, is self- knowledge. I believe this greater awareness and knowledge of oneself is what ultimately helps develop a more grounded belief in oneself, courage, determination, and, above all, humility, all qualities which enable one to wear one's success with dignity and grace. Based on my life experiences, I can assert that it is this belief in learning from experience, a growth mindset, the power of chance events, and self- reflection that have helped me grow to the present. Back in the 1. 96. Yet here I stand before you! With every successive step, the odds kept changing in my favour, and it is these life lessons that made all the difference. My young friends, I would like to end with some words of advice.
Do you believe that your future is pre- ordained, and is already set?