Thursday, 28 August 2014

What I Learnt from Mr. Narayana Murthy

I recently watched a video of Mr. N. R. Narayana Murthy (Executive Chairman and Co-founder Infosys) by Boman Irani (Bollywood actor). In this interview, I learnt how his philosophy had influenced and shaped his personal and professional life. Mr. Murthy appeared straight forward and expert in decision making, in his own words, “I'm a capitalist in mind, a socialist at heart — a compassionate capitalist”. His childhood was mostly influenced by his father’s ideology.  He has very simple habits which do not require luxurious expenditure viz. reading books, meeting good people and listening to music.
He cleared IIT entrance exam but was unable to  join the college as his father couldn’t afford to bear the educational expenses with a nominal salary of Rs. 250 per month. His father told him that, “If you’re smart you can go to any college and be able to do something worthwhile” and thus he joined the local engineering college.  After graduation, he did his masters at IIT Kanpur. After that companies like HMT, ECIL, Telco Systems, Air India offered him jobs with good salaries, but he took up an unconventional job at IIM Ahmadabad with a meager salary of 800 rupees per month based on the advice by his Professor Krishnayya. He said that if he had become an IAS officer then his father would have been very happy but his own concept of success in life was very different. In his job he worked on many projects in India and abroad. He compared innovative strategies of developed countries with India. He wrote many letters to his friends and relatives, the ample choices in technology that the world offered and could shape the Indian economy.