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N. R. Narayan Murthy
   

 

Ms. Jayshree Mandaviya
SYMBA
06MBA21

 
 

 


SIMPLE, SELFLESS, SUPER RICH


N.R. Narayana Murthy is an Indian industrialist, software engineer and one of the 7 founders of Infosys Technologies, a global consulting and IT services company based in India.

Mr. Narayana Murthy is undoubtedly one of the most famous persons from Karnataka. He is known not just for building the biggest IT Empire in India but also for his simplicity. Almost every important dignitary visits Infosys campus. The beauty about his family is that they believe in sharing their wealth with the needy.

Life style

  • Born into a Kannada Madhva Brahmin family in Mysore, India on August 20, 1946
  • He graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967
  • After attending government school, and received his master's degree from IIT Kanpur in 1969.
  • His first job was at IIM Ahmedabad as chief systems programmer where he worked on a time-sharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited).
  • After IIM Ahmedabad, he then joined Patni Computer Systems in Pune. Before moving to Mumbai, Murthy met his wife Sudha Murthy in Pune who at the time was an engineer working at Tata Engineering and Locomotive Co. Ltd. (Telco, now known as Tata Motors) in Pune. In 1981.
  • He founded Infosys in 1981 along with six software professionals. He is the Chairman of the Board and Chief Mentor Officer of Infosys.
  • His vision or belief about infosys is “I want Infosys to be a place where people of different genders, nationalities, races and religious beliefs work together in an environment of intense competition but utmost harmony, courtesy and dignity to add more and more value to our customers day after day.”
  •  

    Corporate profile

  • He served as president of the National Association of Software and Service Companies (NASSCOM), India from 1992 to 1994.
  • Mr. Murthy is a member of the National Information Technology Task Force of India, and also of the Prime Minister's Council on Trade and Industry. He is a Director on the board of the Reserve Bank of India (RBI).
  • Murthy served as CEO of Infosys for twenty years, and was succeeded by co-founder Nandan Nilekani in March 2002.
  • His general beliefe that “Our assets walk out of the door each evening. We have to make sure that they come back the next morning.”
  • He is the chairman of the governing body of both the International Institute of Information Technology - Bangalore, and the Indian Institute of Management, Ahmedabad.
  • Mr. Murthy sits on the Board of Governors of the renowned "Harvard Business School of the East" --- the Asian Institute of Management (AIM), a premier graduate school of business located in the Philippines; one of only two business schools in Asia to be internationally recognized with both AACSB and EQUIS accreditations.
  • He is also a member of the Advisory Boards and Councils of various well-known universities – such as the Stanford Graduate School of Business, the Corporate Governance initiative at the Harvard Business School, Yale University and the University of Tokyo’s President's Council.
  • Murthy serves as an independent director on the board of the DBS Bank of Singapore. This is the largest government-owned bank in Singapore.
  • He also serves as a director on the Central Board of the Reserve Bank of India, as the co-chairman of the Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications plc. and as a member of the Board of NDTV, India.
  •  

    Life time achivaments
    He has been the recipient of numerous awards and honors.

  • in 1996-97, he was awarded the JRD Tata Corporate Leadership Award.
  • In 1998, the Indian Institute of Technology, Kanpur, one of the premier institutes of higher learning in India, conferred on him the Distinguished Alumnus Award,
  • In 1999, BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000).
  • In 2000, he was awarded the Padma Shri, a civilian award by the Government of India.
  • In 2001, he was named by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets. He was
    awarded the Max Schmidheiny Liberty 2001 prize ( Switzerland), in recognition of his promotion of individual responsibility and liberty.
  • He was the first recipient of the Indo-French Forum Medal in the year 2003, awarded by the Indo-French Forum, in recognition of his role in promoting Indo-French ties.
  • He was voted the World Entrepreneur of the Year - 2003 by Ernst & Young. He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine.
  • TIME magazine’s “Global Tech Influentials” list (August 2004) named Mr. Murthy as one of the ten leaders who are helping shape the future of technology.
  • He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years – 2004 and 2005.
  • In December 2005, Narayana Murthy was voted as the 7th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit .
  • The Economist ranked him 8th among the top 15 most admired global leaders (2005). He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005).
  • In May 2006, Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India in a study conducted by Brand-comm, a leading Brand Consulting, Advertising and PR firm.
  • He is an IT advisor to several Asian countries. He retired on 20th August, 2006. However he continues as the Non-Executive Chairman .
  • In November 2006, TIME magazine again voted him as one of the Asian heroes who have brought about revolutionary changes in Asia in the last 60 years.
  • "Ships are safest in the harbor but they are not meant to be there. They have to sail long and hard and face stormy seas to reach the comfort of a desirable destination"
  • In 2007, some Indians criticized Murthy as unpatriotic when, during a visit from Indian president Abdul Kalam, he arranged for instrumental versions of the national anthem instead of sung versions, saying in a press statement that he did not want to embarrass foreign visitors.
    He is known to lead an unpretentious lifestyle in his modest residence in Bangalore along with wife Sudha Murthy and has a reputation for being a calm, self-effacing, soft-spoken person and caring father like figure for the employees of Infosys, shunning pricey suits, and avoiding a high-flying lifestyle (he is known to fly economy class). By his ‘simple living high thinking’ phenomenon, he has become the most admired business leader among the business schools in India.


    References:

    www.infosys.com/about/narayana_murthy.asp
    www.karnataka.com/personalities/narayana-murthy
    www.en.wikipedia.org/wiki/N.R._Narayana_Murthy