Narayan Murthy Leadership
ICMR Case Collection
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ICFAI Center for Management Research
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Narayana Murthy and Infosys
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LDEN 003
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This case was written by D. Sirisha, under the direction of Sanjib Dutta, ICFAI Center for Management
Research (ICMR). It was compiled from published sources, and is intended to be used as a basis for class discussion rather than to illustrate either effective or in effective handling of a management situation.
2002 ICFAI Center for Management Research. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means electronic or mechanical, without permission.
For enquiries regarding bulk purchases and reprint permissions, please call 91-40-23430462/63 or write to ICFAI
Center for Management Research, 49, Nagarjuna Hills, Panjagutta, Hyderabad 500082, India or email icmr@icfai.org. Copies of this case can also be purchased online from the ICMR website, www.icmrindia.org.
LDEN/003
NARAYANA MURTHY AND INFOSYS
“A true leader is one who leads by example and sacrifices more than anyone else, in his or her pursuit of excellence.”
- N. R. Narayana Murthy, Chairman, Infosys.
“The US. has discovered India’s high-tech industry, and the credit is largely due to shy, unflappable engineer N.R. Narayana Murthy.”
- Business Week, June 14, 1999
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INTRODUCTION
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C
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In February 2001, Infosys Technologies Ltd. (Infosys)1 was voted as the Best Managed Company in Asia in the Information Technology sector, in leading financial magazine Euromoney’s Fifth
Annual Survey of Best Managed Companies in Asia. Infosys was started in 1981, by seven2 professional entrepreneurs led by Narayana Murthy, Chairman and CEO of Infosys with an equity capital of Rs.10,000. By 2000, Infosys’ market capitalization reached Rs.11 billion and by 2001,
Infosys was one of the biggest exporters of software from India.
C
op
y
ICFAI Center for Management Research
ot
Narayana Murthy and Infosys
N
LDEN 003
D
o
This case was written by D. Sirisha, under the direction of Sanjib Dutta, ICFAI Center for Management
Research (ICMR). It was compiled from published sources, and is intended to be used as a basis for class discussion rather than to illustrate either effective or in effective handling of a management situation.
2002 ICFAI Center for Management Research. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means electronic or mechanical, without permission.
For enquiries regarding bulk purchases and reprint permissions, please call 91-40-23430462/63 or write to ICFAI
Center for Management Research, 49, Nagarjuna Hills, Panjagutta, Hyderabad 500082, India or email icmr@icfai.org. Copies of this case can also be purchased online from the ICMR website, www.icmrindia.org.
LDEN/003
NARAYANA MURTHY AND INFOSYS
“A true leader is one who leads by example and sacrifices more than anyone else, in his or her pursuit of excellence.”
- N. R. Narayana Murthy, Chairman, Infosys.
“The US. has discovered India’s high-tech industry, and the credit is largely due to shy, unflappable engineer N.R. Narayana Murthy.”
- Business Week, June 14, 1999
y
INTRODUCTION
ot
C
op
In February 2001, Infosys Technologies Ltd. (Infosys)1 was voted as the Best Managed Company in Asia in the Information Technology sector, in leading financial magazine Euromoney’s Fifth
Annual Survey of Best Managed Companies in Asia. Infosys was started in 1981, by seven2 professional entrepreneurs led by Narayana Murthy, Chairman and CEO of Infosys with an equity capital of Rs.10,000. By 2000, Infosys’ market capitalization reached Rs.11 billion and by 2001,
Infosys was one of the biggest exporters of software from India.
References: 2. The man who saw tommorrow, and pursued it relentlessly, Business Standard, January 4, 2000. 3. Naik Chandrika, Narayana Murthy founded Infosys with wife Sudha’s savings, www.expressindia.com, April 4, 2000. 4. Shekar Meenu, The Men behind Infosys, Businessworld, November 7, 1998. 5. Prayag Anjali, The making of a leader, The Hindu Business Line, August 19, 2000. 9. Prayag Anjali, Back to basics at Infosys, Business Line, May 22, 2001. 10. Infosys top brass to go back to school, The Hindu, August 2, 2001.