Progress is often equal to the difference between mind and mindset and these words by Narayana Murthy can be the finest depiction of his personality. Nagavara Ramarao Narayana Murthy is the co-founder of Infosys and has been chairman, chief executive officer (CEO), president, and chief mentor, before retiring and taking the title chairman emeritus.
Born on August 5th,1946 in Shidiaghatta, Karnataka Narayana Murthy completed his graduation from the National Institute of Engineering, University of Mysore, and master’s from Indian Institute of Technology Kanpur. His contribution to the development of the IT sector has employed thousands of Indians.
He has been listed under 12 best entrepreneurs of our time by Fortune magazine. He was honored by Padma Vibhushan and Padma Shri for his contributions.
Narayana Murthy is also in Forbes list of richest Indians 2019 at 51st position and also in the Forbes World’s Billionaires 2020 at 1135th position.
The remarkable journey of Narayana Murthy started as he opened a company with 10,000 rupees taken from his wife in 1981 rupees and turned it to India’s second-largest IT company generating a net income of 16,594 crore rupees with 242371 employees today is a great example of Performance leads to recognition, recognition leads to respect and respect leads to power.
Narayan Murthy often describes himself as an "a confused leftist to a determined compassionate capitalist.". He never admired capitalism until an incident in Bulgaria where he was incarcerated by the authorities for almost 3 days without food and water. He forced himself to examine his beliefs and lead to a change of his mind as he discovered entrepreneurship as the only solution to remove poverty from India.
After working as a Chief System Programmer at IIM Ahmedabad, he opened his first company “Softronics” which failed within a year. It was no mean feat to run an idea of entrepreneurship of supplying software in the 80s with no economic reforms, high bureaucracy, and limited communication accessibility. Despite his failures, his new company Infosys which he founded with six other members got its first project with a New York-based client for the installation and development of software to today having clients worldwide.
Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DSB Bank, Unilever, and NDTV. He is a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board of the Public Health Foundation of India. He serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.
Narayan Murthy is a leader, philanthropist, man of wits, and grits, an inspiration for everyone. He has made a special position in India in this globalized world through his significant provisions. He is not just an economically successful person but his visionary social ideas make him a responsible citizen too. He has always been vocal about the prevailing deep-rooted caste system in India. In conversation with BBC, he apprised his father would him clean the toilets and he also makes his children do the same as cleaning toilets was considered as filthy work only done by the lower caste.
His revolutionary ideas have changed our country and his invaluable words, the journey of his life can be read in his books “A Better India: A Better World”, The Wit and Wisdom of Narayana Murthy” by every person for their growth.
Narayana Murthy: Father of the Indian IT sector
Progress is often equal to the difference between mind and mindset and these words by Narayana Murthy can be the finest depiction of his personality. Nagavara Ramarao Narayana Murthy is the co-founder of Infosys and has been chairman, chief executive officer (CEO), president, and chief mentor, before retiring and taking the title chairman emeritus.
Born on August 5th,1946 in Shidiaghatta, Karnataka Narayana Murthy completed his graduation from the National Institute of Engineering, University of Mysore, and master’s from Indian Institute of Technology Kanpur. His contribution to the development of the IT sector has employed thousands of Indians.
He has been listed under 12 best entrepreneurs of our time by Fortune magazine. He was honored by Padma Vibhushan and Padma Shri for his contributions.
Narayana Murthy is also in Forbes list of richest Indians 2019 at 51st position and also in the Forbes World’s Billionaires 2020 at 1135th position.
The remarkable performance in the development of the I.T. sector of Narayana Murthy from starting by a small organization with 10,000 rupees taken from his wife in 1981 rupees to India’s second-largest IT company generating a net income of 16,594 crore rupees with 242371 employees today is a great example of Performance leads to recognition, recognition leads to respect and respect leads to power.
Narayan Murthy often describes himself as an "a confused leftist to a determined compassionate capitalist.". He never admired capitalism until an incident in Bulgaria where he was incarcerated by the authorities for almost 3 days without food and water. He forced himself to examine his beliefs and lead to a change of his mind as he discovered entrepreneurship as the only solution to remove poverty from India.
After working as a Chief System Programmer at IIM Ahmedabad, he opened his first company “Softronics” which failed within a year. It was no mean feat to run an idea of entrepreneurship of supplying software in the 80s with no economic reforms, high bureaucracy, and limited communication accessibility. Despite his failures, his new company Infosys which he founded with six other members got its first project with a New York-based client for the installation and development of software to today having clients worldwide.
Murthy serves as an independent director on the corporate board of HSBC and has served as a director on the boards of DSB Bank, Unilever, and NDTV. He is a member of the advisory boards and councils of several educational and philanthropic institutions, including Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, a trustee of the Infosys Prize, a trustee of the Institute for Advanced Study in Princeton, and as a trustee of the Rhodes Trust. He is also Chairman of the Governing board of the Public Health Foundation of India. He serves on the Asia Pacific Advisory Board of British Telecommunications. In 2005 he co-chaired the World Economic Forum in Davos.
Narayan Murthy is a leader, philanthropist, man of wits, and grits, an inspiration for everyone. He has made a special position in India in this globalized world through his significant provisions. He is not just an economically successful person but his visionary social ideas make him a responsible citizen too. He has always been vocal about the prevailing deep-rooted caste system in India. In conversation with BBC, he apprised his father would him clean the toilets and he also makes his children do the same as cleaning toilets was considered as filthy work only done by the lower caste.
His revolutionary ideas have changed our country and his invaluable words, the journey of his life can be read in his books “A Better India: A Better World”, The Wit and Wisdom of Narayana Murthy” by every person for their growth.
