Murthy shares his thoughts with Yale Global
Mr.Murthy,Chief Mentor of the one of the best innovative companies,Infosys,shares his visionary and thoughts with the magazine.Arguably,he is considered as a mentor to the Z+ generation in india and an inspiration for the budding entrepreneurs.His Company was started with Capital of $250 in 1981 and today the Value of it is about $22 billion.I think this article is a must read…
"Entrepreneurship is all about courage, it’s all about thinking about a powerful idea and then converting it into wealth."
Concerns of the West about the Emerging Outsourcing is
Q: The rapid growth of outsourcing is very good news for a country like India or China. But one sees an increasing concern in Europe and the US about white-collar jobs leaving the country and going outside. Do you see that this could be a drag on your business?
Murthy: You know my view is that people in glass houses should not throw stones at others. After all, what we are doing is what we were preached to do by the rest of the nations. My European friends, my American friends, told me umpteen times in the 1980s how India should become more and more open, how India should open up its borders, how India should reduce its tariffs, how India should allow competition from multinationals, etc. I agreed with all of them. All we’ve been doing is implementing the ideas that they have been propounding. So, at this point in time, just because the shoe pinches a little bit, I don’t think we should go back on those principles.
Staying in the course
"First, we have to move up the value chain, which means you have to enhance per capita productivity. I always say that just as the per capita GDP is a good index of the development of a nation, per capita productivity is a good index of the growth of a corporation. So we had to enhance per capita productivity. To do that we had to become more and more relevant to our customers’ businesses and we had to have greater and greater impact on that – which means we have to learn to provide more and more end-to-end business solutions, innovative technology. In other words, we have to do more consulting, we have to do more business assistance integration, etc. Second, we have to handle scalability, scalability in terms of the number of customers, scalability in terms of the number of employees, scalability in terms of physical infrastructure, technological infrastructure, etc, etc."
Full Article Here
And also Mr & Mrs.Murthy delivered a speech at Stanford GSB(Video)
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Comment by jean — June 11, 2006 @ 6:43am