Read an article in DataQuest thought of sharing the information come across to you all.
Nagawara RamaRao NarayanaMurthy has added recently an another feather to his cap as DQ awarded him the Life Time Acheivement Award 2007. The first person to get all the awards by DQ, The IT person of the Year 1996, The Path Breaker Award 1999. and this.
NRN shared his all experiences from Infy at two bedromm apartment to Todays a NASDAQ listed 24Bn company.
NRN was born in Mysore in August 1946 and has completed his engineering in National Institute of Eng,Mysoreand got his master from IIT khanpur.
The vision of NRN was to erase the poverty of our nation and he knew that could be posiible only by creating new jobs. So he wanted to be an entrepreneur. Since he is from the middle class background where nobody before was an entrepreneur. So He chose to join private sector initially to get an experience . In 1981, along with 6 of his friends started Infosys at 2 bedroom apartment in Pune with RS.10,000 got from the support of his spouse Sudha Murthy. She told NRN, You just chase your dream,I will support You. The ignited fire NRN still continues without cease.
Establishing a company with the capital of Rs.10,000 and that too in the non favouring environment of India during 80,s was unimaginable. So NRN and his team decided to get 20% of their first project as an advance from their customer.
The hurdles came along the way of NRN to establish a company in 80's were huge. The problem in importing a Computer and to get the license The list goes on.
The mantra behind his success behind all this hurdles,He beleives in
Employees should be given incentives for their performance which lead him to make a policy which was never happened in the world ESOP(Employee Stock Option Plan). He very much beleives in sharing the wealth in terms of either money or knowledge has to be shared with less fortunate.
He tells the Value System of his company is like British Constitution which is unwritten but it is well practiced.
During 1990, Somebody proposed to buy a Infosys for a Millioin Dollar it seems. They were suppose to sell it out since it was a huge money. But NRN kept patience. Today Infosys has grown to 24Billin$ company.
He speaks what he things right at his heart.
Wants end this chapter with his Quote
"Ships are good at Harbour But they are not meant to be there. They have to sail all along the way of hard Sea and waves to reach the comfort destination"
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