Leadership - Influencing, motivating, and enabling others to contribute toward the
effectiveness and success of the organizations of which they are members
Non-Executive Chairman, Infosys Member of Advisory Board and Council at Cornell University, INSEAD,ESSEC,FORD Foundation, UN Foundation 25 Honorary Doctorates, M. Tech IIT-Kanpur, B.Tech University of Mysore Padma Vibhushan (2008) and Padma Shri (2000) Founder Softronics and Co-founder Infosys
Nagavara Ramarao Narayana Murthy Simple living High thinking Still uses public transport for commuting Lives in a simple 2bhk house and flies economy till date. However, he does not cut corners on buying books or brushing up on literature. Visionary Got together with 6 professionals and wanted to start Indias first software company of the professionals, for the professionals, by the professionals He had vision and ZERO CAPITAL Clear and distinct vision of not venturing into dotcom which eventually saved them from losing the market Because of his farsightedness, Infosys is now one of the most sought after company. Courageous He believes there is no leadership without courage: courage to do what is right, to admit one's mistakes, to accept that peers can be smarter and better, and to take tough and unpleasant decisions. TRAIT THEORY Made Infosys the first company to offer staff stock options First Indian company to list on NASDAQ 100 list First Indian company to attain the highest level of quality certification
Initiator Murthy gave away stocks worth over 50k crore to employees Tremendous respect for people and sound philosophy of under-promising & over delivering Build a healthy long-term relationship Employee- Oriented Leadership Behavioral THEORY
Charismatic Leadership
Unconventional behaviour: He sent a mail to employees urging to cut down working late after office hours Personal Risk : Despite failures in the past, he decided to start a new company by investing hard earned money.
Transformational Leadership Intellectual Simulation: A young, argumentative Indian, was asking too many questions at an annual general body meeting of Infosys. More impressed than irritated, he hired Mohandas Pai, who went on to help Infosys list on NASDAQ
Transactional Leadership Contingent Reward: When Infosys decided to give its employees stock options, Murthy insisted that some shares be given to good performers through the 'Chairman's quota.' Transformational Leadership Ethics and Trust In the '80s Infosys developed an application for a German client. Murthy noticed a single character error and informed the client immediately. C-LIFE: Training given during induction to every new joinee - Customer Delight, Leadership by example, Integrity and transparency, Fairness, Pursuit of Excellence Mentoring Narayana Murthy continues to set a brisk pace with his venture capital fund, and his role as mentor After 2006, he took over the role of Chief Mentor He was key person in guiding all the board of directors in important decisions and make over of the firm during crisis at top level AUTHENTIC LEADERSHIP