if your ideas are strong and you are determined to pursue excellence while adding value to your customer, you don’t need a godfather or a hefty bank b

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

#. Narayana Murthy

Commonly referred to as Karnataka’s jewel, Nagavara Ramarao Narayana Murthy is much more than that. Recipient of the Padma Vibhushan in 2008, Murthy is no less than a living legend for millions of budding entrepreneurs across the world

Giri Balasubramaniam, CEO of Greycaps India on Murthynomics

“What strikes you about Mr. Murthy is his humility and simplicity. What was once a way of life in India is today a virtue. Many youngsters confuse success as synonymous with flashy lifestyles. Humility and simplicity are pillars that stand by you, more so when troubled times embrace us. As an entrepreneur, if your ideas are strong and you are determined to pursue excellence while adding value to your customer, you don’t need a godfather or a hefty bank balance to take on the world. This is what Mr.Murthy has proved.

Response to situations is also a critical factor for his success. Mr. Murthy’s legacy is a lesson on how we need to learn the art of managing different and difficult situations. If you look closely at the incidents that shaped his life, he did nothing dramatic or stunning except that he developed an uncanny knack of understanding, absorbing, introspecting, analysing and responding appropriately to challenges and situations. It is this response that made him a victor amongst the wise. The world has never looked at Mr. Murthy or written about him as an economist. I believe he is one and a good one at that. He has shown this nation that the solution to rid society of poverty is by way of vast job creation. His approach to better economics underlines the pursuit of meritocracy and the extraordinary equity that value maximisation brings to the table.

And while he has always advocated the importance of speed, his vision and thoughts have always been long term. So what we need along with the speed of a sprinter is the stamina of marathon runner to be successful in this world.”


For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).


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