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Group 9 : Roll No : 81 to 90

SECTION: FY BCOM-1
APEKSHA DBEY !RO"" NO#: 8$ %
Group 9
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
You are Narayan Murthy. List out the history of growth of Infosys, the hurdles you faced in
building the company and your future strategy. As the CE what is your Mission and !ision"
Also highlight the social responsibility aspect of your business
Pr&'&(t)t*o( : -
You are Narayan Murthy. List out the history of growth of Infosys, the hurdles you
faced in building the company and your future strategy.
#istory of $rowth of Infosys %
1. Infosys was formed n 19!1 "y #arayan Murt$y and s% ot$er
professonals. It c$anged t$e trend n I& ndustry from "ody
s$oppng of professonals to e%portng of 'oftwares from Inda.
(. )t$ small "egnnng n !*s Infosys grew to true glo"al company n
9*s w$en t$e economy of Inda opened up. By md 199*s+ Infosys
was competng not only t$e Indan software majors l,e &C' and
)IP-. "ut also o/erseas players l,e Cam"rdge &ec$nology
partners and '0PI#1&.
2. By (**1 Infosys was one of t$e "ggest e%porter of 'oftware from
Inda. From a turno/er of -s. 1.3* mllons n 19!1+ Infosys $as
grown to -s 19 "llon 4-s 19+*** mllon5 company n (**1. Infosys
got lsted on B'1 n 1992 and on #asda6 n 1999 t$roug$ 07- ssue
wort$ 8'9 :; mllon.
<. Infosys+ today operates n 2! countres and $a/e de/elopment
centres n : countres ncludng 8' and Inda. It $ad setup a software
de/elopment centre at &oronto as a part of glo"al=aton strategy.
;. In Fe"ruary (**1 Infosys &ec$nologes >td 4Infosys5 was /oted as
t$e "est managed company n 0sa n t$e I& sector+ n leadng
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
?nancal maga=ne 1uromoney@s ;
t$
annual sur/ey of Best Managed
Companes n 0sa.
#urdles faced in building the company %
3. )$en t$e seeds of Infosys were sown+ t$e "usness en/ronment n
Inda was restrcted. Permssons and lcenses were re6ured to "e
ta,en for mportng t$e computers. It was /ery tme consumng and
trou"lesome. &o compete n t$e nternatonal mar,et+ $g$ end of
e6upments were needed.
:. I& ndustry $ad (;A manpower turnaround . &o retan man power
was not easy. Infosys $ad nno/at/e 1mployee .rentaton and
corporate go/ernance . It was one of t$e 1
st
Indan company to
adopt 1'.P. It $ad only 11A manpower turnaround
&uture 'trategy %
!. Infosys $as "een recogn=ed for ts leaders$p n product nno/aton.
&$e company grew at a C0G- of <*A "etween 199; to (**3. &o
,eep t$e pace of t$s growt$ Infosys $as to e%plore ts core
competences. 'oftware de/elopment $as mo/ed to cloud space.
Competton s more ntense and ?erce.
9. &$s can "e o/ercome wt$ new pool of talents. >eaders$p Insttute
n Mysore s set up wt$ t$e o"ject/e of preparng Infosys
employees to face t$e comple%tes of a rapdly c$angng
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
mar,etplace and to "rng a"out a c$ange n wor, culture "y
nstllng leaders$p 6ualtes.
Also highlight the social responsibility aspect of your business.
1*. For any "usness ?rst socal respons"lty s to pro/de e6ual
opportuntes to all ts sta,e $olders. .ur man sta,e $olders are B
Foundng mem"ers+ 1mployess+ Customers+ Go/ernment and t$e
socety.
11. Corporate go/ernance and et$cal wor,ng are two pllars t$at
supports our reputaton glo"ally. .ur foundng c$arman+ #arayan
Murt$y "ele/ed n commtments to Calues+ and an et$cal conduct
of "usness. De also made a clear dstncton "etween personal and
corporate funds. Foundng mem"ers too, only salares and
d/dends and dd not $a/e ot$er "ene?ts from t$e company.
Group 9 F.Y. B. Com
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
You are Narayan Murthy. List out the history of growth of Infosys, the hurdles you
faced in building the company and your future strategy.
History of Growth of Infosys :
Infosys was formed n 19!1 "y #arayan Murt$y and s% ot$er
professonals. In t$at perod companes were $rng professonals from
Inda and were sendng to 8'+ a sort of "ody s$oppng. #arayan Murt$y
$ad understood t$e potental and capa"ltes of Indan talent. .ut of t$s
$e created world class software company. Instead of e%portng talented
man power+ Infosys e%ported t$e end product and earned fore% and
reputaton to Indan ndustres.
#arayan Murt$y o"taned $s Bac$elor@s degree n 1lectrcal 1ngneerng
from un/ersty of Mysore n 193: and $s Master@s 7egree n &ec$nology
from II& Eanpur n 1939. De started $s career as $ead of t$e computer
centre at IIM+ 0$meda"ad. In 19:(. De got an opportunty to go to Pars
w$ere $e was part of t$e team t$at desgned a <**Ftermnal+ realFtme
operatng system for $andlng ar cargo for C$arles 7e Gaulle arport.
#arayan Murt$y was a left wng act/st and mngled wt$ Frenc$
communsts durng $s stay n Pars "ut $s outloo, c$anged w$le
tra/ellng around 1urope. De "ele/ed t$at t$e only way to pull Inda out of
po/erty was to create more jo"s+ "y settng new companes.
&$s was t$e tme w$en man frame large computers were replaced wt$
small ne%pens/e PC@'. PC re/oluton $ad started wt$ word processng
and spread s$eet openng a "gger $or=on of potental for t$e custom=ed
software de/elopment from Inda . Inda $ad clear dstnct compett/e
ad/antage n t$e ?eld of custom=ed software de/elopment "ecause of
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
large no. of 1ngls$ spea,ng &ec$ncal talent. &$at was $ow #M gra""ed
t$e opportunty and lad foundaton of Infosys.
In t$e early 9*s wt$ t$e openng up of t$e Indan 1conomy many 'oftware
companes were set up n Inda t$at created t$e momentum. Infosys
le/eraged t$s /ery successfully+ By md 199*s+ Infosys was competng not
only t$e Indan software majors l,e &C' and )IP-. "ut also o/erseas
players l,e Cam"rdge &ec$nology partners and '0PI#1&.
By (**1 Infosys was one of t$e "ggest e%porter of 'oftware from
Inda. From a turno/er of -s. 1.3* mllons n 19!1+ Infosys $as grown to -s
19 "llon 4-s 19+*** mllon5 company n (**1. Infosys got lsted on B'1
n 1992 and on #asda6 n 1999 t$roug$ 07- ssue wort$ 8'9 :; mllon.
Infosys+ today operates n 2! countres and $a/e de/elopment centres n
: countres ncludng 8' and Inda. It $ad setup a software de/elopment
centre at &oronto as a part of glo"al=aton strategy.
In Fe"ruary (**1 Infosys &ec$nologes >td 4Infosys5 was /oted as t$e "est
managed company n 0sa n t$e I& sector+ n leadng ?nancal maga=ne
1uromoney@s ;
t$
annual sur/ey of Best Managed Companes n 0sa.
Hurdles faced in building the company :
)$en t$e seeds of Infosys were sown+ t$e "usness en/ronment n Inda
was restrcted. Permssons and lcenses were re6ured to "e ta,en for
mportng t$e computers. It was /ery tme consumng and trou"lesome. &o
compete n t$e nternatonal mar,et+ $g$ end of e6upments were
needed.
Indan economy started to open n t$e year 1991. )t$ t$at many new
software companes opened up. &$s ncreased employee turn around. I&
ndustry $ad (;A teraton. &o retan man power was not easy.
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
Infosys $ad nno/at/e 1mployee .rentaton and corporate go/ernance .
It was one of t$e 1
st
Indan company to adopt 1'.P 41MP>.Y11 '&.CE
.)#1-'DIP P>0#5.
uture !trategy :
&$e dea was to create a company of professonals+ "y professonals and
for t$e professonals .
&$ere was ndeed anot$er re/oluton ta,ng place durng md nnetes F t
)as glo"al=aton.
#arayan Murt$y refers glo"al=aton as Gsourcng captal from w$ere t s
c$eapest+ sourcng talent from w$ere t s "est a/ala"le+ producng w$ere
t s most costFeHect/e and sellng w$ere t s most pro?ta"le wt$out
"een constrant "y t$e natonal "oundares..I
Infosys $as "een recogn=ed for ts leaders$p n product nno/aton. &$e
company grew at a C0G- of <*A "etween 199; to (**3. &o ,eep t$e pace
of t$s growt$ Infosys $as to e%plore ts core competences. Ban,ng+
Captal mar,et+ -etal and Dg$ &ec$ Manufacturng are t$e areas of major
specal=aton of Infosys.
&o mantan t$e leaders$p poston t $as to "e nno/at/e and ?nd new
a/enues. >,e 7M0P project t dd durng ntal years t $as t$e crac,
smlar opportuntes. 'oftware de/elopment $as mo/ed to cloud space.
Competton s more ntense and ?erce.
&$s can "e o/ercome wt$ new pool of talents. >eaders$p Insttute n
Mysore s set up wt$ t$e o"ject/e of preparng Infosys employees to face
t$e comple%tes of a rapdly c$angng mar,etplace and to "rng a"out a
c$ange n wor, culture "y nstllng leaders$p 6ualtes. J)e "ele/e t$e
>eaders$p Insttute wll play an nstrumental role n e6uppng Infoscons
to "e leaders+ contr"utng to t$e ad/ancement of t$e I&.
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
For "usness model management we wll stll follow PSPD )$ere P
stands for Predcta"lty of re/enues+ ' stands for Su't)*()+*l*t, of t$e
predctons+ 'econd P stands for Pro-t)+*l*t, of re/enues and 7 stands
for a good D&-r*'.*(/ model.
)e contnue to pro/de t$e "est /alue for money to t$e customers.
'uccess to Infosys s to get great deas from team K con/ertng
t$em nto actons t$roug$ e%cellence. Prmary resource to a
corporaton s ts people.
"s the #$% what is your Mission and &ision'
Infosys( &ision:
()o be a globally respected corporation that pro*ides best+of+breed business solutions,
le*eraging technology, deli*ered by best+in+class people.(
Infosys( Mission !tatement :
()o achie*e our ob,ecti*es in an en*ironment of fairness, honesty, and courtesy towards our
clients, employees, *endors and society at large.(
Mr Murthy said the idea was to create a company of the professionals, by the professionals,
and for the professionals.
"lso highlight the social responsibility aspect of your business.
For any "usness ?rst socal respons"lty s to pro/de e6ual opportuntes
to all ts sta,e $olders. .ur man sta,e $olders are B Foundng mem"ers+
1mployess+ Customers+ Go/ernment and t$e socety.
Corporate go/ernance and et$cal wor,ng are two pllars t$at supports
our reputaton glo"ally. .ur foundng c$arman+ #arayan Murt$y "ele/ed
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys
n commtments to Calues+ and an et$cal conduct of "usness. De also
made a clear dstncton "etween personal and corporate funds. Foundng
mem"ers too, only salares and d/dends and dd not $a/e ot$er "ene?ts
from t$e company.
&$e ,ey /alues for Infosys are farness+ ntegrty. &$ese are mportant
trat resource re6ured n anyone to "ecome Infosan. &$e employee
s$ould "e trustwort$y $e s$ould del/er of w$at $e $as promsed
ntegratng of t$oug$t and e%ecuton put toget$er ma,e a promse t$ey
ma,e a person "ele/a"le.
0t Infosys+ we "ele/e our respons"ltes also e%tend "eyond "usness.
&$at@s w$y we esta"ls$ed t$e Infosys Foundaton to pro/de assstance to
some of t$e most socally and economcally depressed sectors of t$e
communtes n w$c$ we wor,.
0nalysts felt t$at t$e two factors respons"le for t$e success of Infosys
were speed and magnaton.
LLL LLL LLL
Group 9 F.Y. B.Com I Fundamentals of Management Project
Infosys