Lessons from Business Legends

 

 

 

Naryana Murthy advice

5 Keys to building a Great Company

Naryana Murhty

 

 

① Leadership

② Vision

③ Benchmarking

④ Measuring To Improve

⑤ Shared Values

  Happy Business 5 keys to building a great company

 

 

Naryana Murthy advice

You become a star not because of your title; you become a star because you are adding star value to the company.

Naryana Murhty

 

 

Leadership

First of all, you need good leadership. Great leaders raise the aspirations of their followers; they make people more confident, energetic and 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.

 

Leaders vs. Others

12 Roles of a Corporate Leader

Inspirational Leadership

6 Rules and 4 Es of Leadership

 

 

Naryana Murthy advice

A great leader also has the ability to make people an inch taller in his presence.

Naryana Murhty

 

 

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.

The hope is to pass on the baton to somebody who will run faster and run a better marathon.

 

 

Naryana Murthy advice

Leading by example is the most powerful advice you can give to anybody.

Naryana Murhty

 

 

Vision

You have to create a grand, noble vision which elevates the energy, enthusiasm and self-esteem of everyone in the company while ensuring that everybody sees a benefit in following the vision.

 

Articulate Your Vision

Attitude Motivation

Provide Strategic Direction

 

 

Naryana Murthy advice

A plausible impossibility is better
than a convincing possibility.

Naryana Murhty

 

 

Benchmarking

Your company has to benchmark 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.

Organizations with decision-making speed and imagination will thrive as nobody can claim to have a monopoly over creativity.

  Lessons from Business Legends e-book PowerPoint slide deck for teachers

 

Naryana Murthy advice

Progress is often equal to the difference between mind and mindset.

Naryana Murhty

 

 

Measuring To Improve

A great company continuously measures and improves the following attributes: meritocracy, fairness, justice, openness, speed, imagination and excellence in execution.

 

 Performance Management

Measurement System

Effective KPIs

 

 

 

Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.

Performance leads to recognition. Recognition brings respect. Respect enhances power. Humility and grace in one’s moments of power enhances dignity of an organisation.

 

 

Naryana Murthy advice

In God we trust,
everybody else bring data to the table.

Naryana Murhty

 

 

Shared Values

A great company practices an enduring value system, and follows the finest system of corporate governance.

 

Shared Values

Put Values First

 

 

Naryana Murthy advice

Entrepreneurship is all about deferred gratification.

Naryana Murhty

 

 

Naryana Murthy advice

This has been a happy, intense, rewarding and exhilarating journey of 25 years.

Naryana Murhty

 

 

When you are in business for a long time, you go through good times and bad times. When you go through bad times, you learn to control costs, satisfy customers better, satisfy employees better and become more transparent. Therefore, you build character in the company.

Growth is painful. Change is painful. But, nothing is as painful as staying stuck where you do not belong.

 

 

Naryana Murthy advice

Love your job, but never fall in love with your company because you never know when the company stops loving you.

Naryana Murhty

 

 

   

Naryana Murhty Quotes

 

 

 

Naryana Murthy advice

My passion is
to create a better society for our future citizens.

Naryana Murhty

 

 

I want Infosys to be a place where people of different genders, nationalities, races and religious beliefs work together in an environment of intense competition but utmost harmony, courtesy and dignity to add more and more value to our customers day after day.

  Great Company Happy Business Love Passion passionate team

 

 

Leadership is about doing the right thing, even if it is going against a vast number of naysayers and mediocre people.


You do not have to be the son of a rich man to be an entrepreneur. Today kids are far more willing to take risks because they've seen high rewards.


Often times I have been asked about the attributes for success, and I have said that you need two attributes for succeeding as an entrepreneur: one, courage, second, luck.


Respect, recognition, and reward flow out of performance.


Our assets walk out of the door each evening. We have to make sure that they come back the next morning.


There is only one ingredient for Innovation and that is the power of the human mind. As long as a company is able to attract, enable, empower and retain the best of the brightest, it will have a play. As long as the leadership of companies ensure that the physically and mentally tired mind that leaves office at whatever 7:00 pm - 8:00 pm or 9:00 pm comes back mentally and physically reenergized and enthusiastic to add significant value to the customer next morning, the job is done.

 

 

Naryana Murthy advice

It is better to underpromise and overdeliver than vice versa. For this one need not break the law of the land.

Naryana Murhty

 

 

It's very important to learn quick lessons from your failures, very important to recognize symptoms of failure pretty early, and it is very, very important to not to be attached too much to the idea – you have to know when to give up an idea.


A clear conscience is the softest pillow in the world.


Character + Chance = Success


Science is about unravelling nature.


When in doubt, disclose.


When you run a part of the relay and pass on the baton, there is no sense of unfinished business in your mind. There is just the sense of having done your part to the best of your ability. That is it.


Hinduism has an enormous capacity to absorb from outside influences and accept it in a peaceful and steady manner without perturbing the system.


In the fullness of time, when it is our turn to give, we must in turn plant gardens that we may never eat the fruit of, which will benefit the generations to come.

 

 

Naryana Murthy advice

The real power of money is the power to give it away.

Naryana Murhty