Narayana Murthy, full name Nagavara Ramarao Narayana Murthy, was born on 20th August 1946. Narayana Murthy Often Known as the Father of IT Sector, and founder of Infosys. He played a very prominent role in nurturing Infosys and helped in shaping up a position for Infosys in the giant IT World. By 1999 Infosys had joined NASDAQ, becoming the first Indian company to be listed on an American stock exchange. The following year Asiaweek included Murthy in its Power 50, the magazine’s annual list of the most powerful people in the region. In addition, BusinessWeek named him one of its “Stars of Asia” for three consecutive years (1998–2000), and he was Fortune magazine’s 2003 Asian Businessman of the Year. He was with Infosys for a long time and now continues to be mentoring them with the same dedication he had put in to bring forth the company. Prestigious awards like Padma Shri and Padma Vibhushan has been given to him. He was awarded the Legion of Honour in 2008. His dedication, values, principles were extremely simple and down to earth. NRN is an epitome of simple living and high thinking.
Narayana Murthy along with six other IT professionals established Infosys in the year 1981. The initial capital investment was of Rs. 10,000 only. His wife Sudha Murthy provided this fund. Infosys flourished in the IT industry with the proper guidance and hard work that these professionals and NRN had put in. Even after retiring from the service after serving the company for years, NRN has always being a part of the organization as a Mentor. His values and suggestions always kept Infosys stronger in the IT world.
According to Forbes magazine, the self-made entrepreneur who has also been an icon of high business ethics stands at #1135 among the world's billionaires in 2020 and was #51 among India's Richest in 2019. But the simple and modest family leads an austere living and is into philanthropy. Murthy has penned an inspiring book called: Better India: A Better World. Murthy lays down the ground rules that must be followed if future generations are to inherit a truly progressive nation.
Success Lessons to be Cherished Given by Narayana Murthy in his Biograph
- A leader should have the capability to inculcate a great value system in his organization.
- Innovation is the key to success. Keep brainstorming and generating new business ideas
- Mentoring is the very important factor of a leader. He should constantly mentor to develop a successive generation of future leaders. Consider your teammates as equals. Give equal opportunity to everyone. Let them speak their mind and take initiatives.
- Be courageous in order to go against the conventional methods. Never get afraid of the challenges lying ahead of you. Make sure you are well informed and well educated about the current market trends
His life story teaches us, not to give up and to have a self-belief that yes you can dream big and you have the capability to achieve it, you don’t need to wish you just need to decide and need to take actions for it, and your determination burning desire and hard work will eventually pay back.