It Narayan murthys retirement speech important to update that model suitably as the business landscape changes. Once again, let me reiterate that my primary concern about the Summary Finding Statement was that it missed covering the governance deficits and corrective steps to be taken, if any.
Now, let me explain my concerns as a shareholder, whether they have been answered, how they need to be answered in the future, and what the next steps could be. What Makes an Organization Worldclass: It is hurtful, to say the least, that this has been directed as a personal attack on me instead of looking at the facts.
Rajiv Bansal, in October Vishwanathan about a library book, referred to me the borrower as that gentleman who sits in the corner, it was then that I knew that our jobs had been done in demolishing hierarchy in the organization. This Summary Finding Statement exonerates the management from allegations regarding benefiting directly from Panaya and other acquisitions.
In reality, it was paid to protect to the secrets of the CEO and the Board. Roopa Kudva said that we had to sign an NDA if we wanted to know the reason! I gave him a very difficult IQ test and he passed it with flying colors.
On July 15, when I asked the board members, in the presence of Nandan and Dinesh, why they agreed to pay such a huge severance amount, Mr.
Friends, I can go on and on and on, but what is important is to remember that we have bigger challenges and rewards ahead of us. The previous Board reported in its F in May and through other communication channels that the company had entered into an unusual agreement to pay an excessive sum as severance to the ex-CFO, Mr.
He is also a value-based person. This way we have enthused millions of young men and women in India. Generosity is an essential part of a leader.
In the absence of full disclosure, it is difficult to believe that, under the previous Board, "Infosys has continued to maintain the highest standards of corporate governance that the Company is known for", as claimed by the Board in Moneycontrol.
In fact the best measure of differentiation is the per capita free cash flow generated. So much for good governance! The previous board refused to take any corrective action. These actions will bring back the rigor of governance standards at Infosys.
When we spent 1. To me, what was most worrisome was the failure of governance at Infosys in this episode as alleged by the whistle-blower.
Grace and courtesy make us worthy competitors. My concerns as a shareholder. Seshasayee told us that the decision was taken by Mr.
However it must be accepted that revenues for a corporation come from well understood ideas and business models. Therefore, I will always be there to add value if asked.Narayana Murthy's post-retirement plans Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company.
PTI | Updated: Jun 13,PM IST.
12 Pearls of Wisdom from Narayana Murthy which will help you Build Character while you chase your Dreams. The real power of money is the power to give it away” In God we trust, everybody else.
Speech by N. R. Narayana Murthy.
Therefore, we will take the following actions with speed, clarity and dedication to make our strategy yield the desired results: 1.
We will enhance the confidence, hope, trust and enthusiasm of. Narayan Murthy’s Retirement Speech Posted on April 21, March 27, By admin Different people run out of endurance and intellectual horsepower at.
S Gopalakrishan named CEO, Nilekani becomes co-chairman of the board of directors. Infosys’ second-quarter revenue tops $1 billion. Infosys turns 25 and Murthy He retires from all executive roles in the company but remains chairman and chief mentor.
Image: Infosys Technologies Chief Mentor Narayana Murthy at. Infosys Celebrates 25th anniversary ‘Infosys is a child who has made all of us proud not only just by her achievements but as much by her humility, grace, value system and courtesy’ - N. R. Narayana Murthy, Chairman and Chief Mentor, Infosys Excerpts from the speech made at the 25th anniversary celebrations of Infosys Technologies Limited in .Download