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Narayana Murthy & Infosys
Group 12
Introduction… • Infosys, based in Bangalore, is a publicly held, ISO 9001 certified company offering information technology consulting & software services. • The software offered include application development, E-Commerce & Internet Consulting, Software Maintenance. • Respected across the country, with very strong systems, high ethical values & a nurturing working atmosphere.
Achievements • Voted as the Best Managed Company in Asia. • Biggest exporters of Software. • First to follow the US Accounting Principles Nasdaq listing in 1991.
Generally Accepted before going for
• Championed Corporate Governance in India.
Narayana Murthy’s Global Strategy Global Delivery Model – Producing where it is most cost effective to produce & selling where it is most profitable to sell. Moving up the Value Chain – Getting involved in a software development project at the earliest stage of its life cycle. PSPD Model – Predictability of Revenues, Sustainability of Revenues, Profitability, Derisking.
People Management • Infosys’ retention capability was a function of both of its rigorous selection procedure as well as proactive HRD practices. • About 80% of the middle & senior level executives were promoted from within the organization. • Provides many facilities which were intended to take care of both professional & personal needs.
People Management • Infosys was one of the first companies, to adopt an Employee Stock Exchange Option & create additional wealth for its employees. • Best Reward Systems – High salaries by industry average for software companies. • Encouraged communication with each other & with higher management. • To improve communication, the MD sent mails every fortnight.
People Management • Groupism was not encouraged. • Ideas that are great, deserve cheers and should be encouraged. • Everything is judged in merit. Ego doesn’t come into picture. Transactions were zero-based so there is no history sheet. • The organization should have one goal & one vision.
Other Reasons • Invest in well understood, proven products & not just R & D. • When dealing with investors, always under-promise & over-deliver. • Give stakeholders bad news proactively & early • Have a healthy sense of paranoia and respect for the competition. • Speed, Imagination & Excellence. • Leaders in the Making.
Thank you…!!!
Have a Nice Day ahead…!!!