By: Narayana Murthy
Adapted from interview with
Mr. Naryana Murthy, World Economic Forum
N. R. Narayana Murthy is
the Founder an
Infosys, the leading Indian IT company. Under his
leadership Infosys was listed on NASDAQ in 1999. Mr. Murthy is the recipient
of numerous awards and honors. 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). He
topped the Economic Times Corporate Dossier list of
India's most powerful CEOs for two consecutive years –
2004 and 2005.
Leadership: First of all, you need good leadership. Great leaders raise the aspirations of
their followers; they make people more confident,
enthusiastic. Such leaders make people embrace the adage: a
plausible impossibility is better than a convincing possibility. People, who are
motivated by great leaders, dream big, make sacrifices and
achieve miracles. It is not sufficient just to have great leaders. You need a mechanism to identify, train, empower and mentor
successive generations of leaders. Such
leadership training and mentoring
has to become the
responsibility of the current generation of leaders.
You have to create a grand,
elevates the energy,
enthusiasm and self-esteem of everyone in
the company while ensuring that everybody sees a benefit in
following the vision.
Culture: 5 Elements
Benchmarking: Your company has
itself on a global scale in every area including sales, production,
human resources, R&D and finance. It creates an open and confident
environment where first-raters recruit first-raters.
Strategies: 2 Types
Measuring To Improve:
A great company
improves the following attributes: meritocracy, fairness,
, imagination and excellence in execution.
Value Innovation: Yin-Yang Strategies
A great company
practices an enduring value
system, and follows the finest system of corporate
Put Values First