NR Narayana Murthy, one of the patriarchs of the Indian corporate scene, has admitted a big mistake he made. “I made a mistake. I accept that. Infosys founder Narayana Murthy revealed that it was a mistake to keep the family members of the founders away from the leadership positions of Infosys.
I wanted the growth of the organization. He said that he feared that if the family members of the founders of the company were appointed to various positions in the company, unqualified people would end up in various positions. But he openly admitted that equal opportunity could have been given to talented individuals.
Narayana Murthy’s initial policy was not to allow children of Infosys founders or promoters to work in Infosys. He admitted that this policy of the company was wrong. In a departure from his previous position, he publicly admitted his mistake.
He was speaking at Infosys’ annual function in Bengaluru.
In 2013, Rohan Murthy was involved in matters related to the company during his tenure as an executive assistant at Infosys, but left the company in 2014. His other children did not work in the company. Narayana Murthy’s revelation came with an acknowledgment that if founders’ sons had been allowed at Infosys, concerns about the absence of successors in leadership positions would have been addressed.
I wanted the growth of the organization. He revealed that he feared that if the family members of the company founders were appointed to various positions in the company, unqualified people would end up in various positions. But equal opportunity could be given to talented persons. Narayana Murthy’s initial policy was not to allow children of Infosys founders or promoters to work in Infosys.
Infosys is now the second largest IT company in India. Prominent Indian businessman and software engineer Narayanamurthy is one of the seven founders of Infosys Technologies. CEO of Infosys from 1981 to 2002. He was Murthy, who was the executive chairman of Infosys from 2002 to 2006, also served as non-executive chairman and chief mentor from 2006 to 2011. Murthy retired from Infosys in 2011 at the age of sixty-five.
In June 2013, he was again appointed as Director and Executive Chairman of Infosys.
