Business Daily from THE HINDU group of publications Thursday, Aug 31, 2006 |
|
|
|
|
|
|
|
Brand Line
-
People Info-Tech - Corporate Governance Columns - Third Umpire
Ramanujam Sridhar
Mr Narayana Murthy clearly is a leader with a difference. I can't think of too many laying down office when they are at the peak of their physical and mental powers.
N. R. Narayana Murthy, Founder, Infosys
Because this statement, if anything, certainly applies to Mr Narayana Murthy who in my opinion at least is India's foremost personal brand in the corporate world. And in this column I would like to share a few things based on my experience and interactions with him. The reason for this is simple. For five years in a row Mr Murthy has been voted as the most admired business leader by management students in this country in brand-comm's business leadership study. And I believe that people in business and people in India can learn a lot from him as I have, over the years. So, here are a few random memories that I shall cherish of my experiences with Mr Software as I believe that title best represents his achievements.
Confident of the future not futuristic
I first met Mr Murthy in 1993 in connection with the Infosys public issue. Mudra, the agency I worked for then, was handling the issue. I remember, six of us landing up in the small office in Koramangala to make the presentation. (Agencies believe in strength in numbers!) And I remember a few people vacating their chairs to accommodate us. I am reminded of Infosys' spartan beginnings whenever I see their mind-boggling, world-class structures at Mysore or Bangalore. But back to the advertising. I remember my then colleague, Balki, working on a futuristic campaign referring to Arthur C. Clarke and Isaac Asimov for Infosys. We believed Infosys was a futuristic company. Very rightly, the company said it would not talk about the future. I guess it was content with merely creating it! The campaign that came out was matter-of-fact, boring even. Over the years, Infosys has transformed into one of India's most successful companies and one of its most visible as well. But its visibility is a product of public relations not mass media advertising. And leading the public relations strategy has been Mr Murthy who has been the face of the company and the software industry as well. And the strategy has been simple: Achieve. Do things first. Do them differently. Do them on a larger scale. And you will be written about. And you will become the foremost brand in your category.
First in business, economy in travel
On another occasion at a later date, I was travelling to Ahmedabad. As I went to my customary 12C seat in economy I was surprised to see Mr Murthy peering short-sightedly at a magazine in the business class section. (This is hardly the time to talk about my childhood affinity for the 12C bus route in Madras as it was called then, which has extended to my airline travel by way of seat preference). But back to Ahmedabad and my return trip to Bangalore the next day. Whom should I bump into at security other than Mr Murthy. I mentioned to him that I had seen him in the same flight the previous evening. Barely had I finished my sentence before he started saying how the organisers who had invited his wife, Sudha Murthy, had bought business class tickets and how, despite their protestations, it could not be changed at the last moment and how now they were travelling economy and boy was he relieved at the changed scenario! To me, it seemed a simple conversation, but to him it was a way of life. One had to fly to save time. But travelling business on a local flight to him seemed wrong. To the point of being an obsession. You can call it a middle class hang-up but I would call it a value that drives Infosys as well.
Environment is what you make
A lot of us depend on our environment to make a statement. The address we live in, the clubs we are members of, the restaurants we patronise, the schools our children go to are all symbols that we cling to. I remember moving to Delhi (or trying to) in 1993. My predecessor lived in Vasant Vihar, an expensive suburb of New Delhi. The reason for that was simple. He said one's address matters. Well Mr Murthy continues to live in Jayanagar. That isn't Cuff Parade or Boat Club Road. And I have seen him having idli vada at Adigas, which is hardly as aspirational as having breakfast at Leela's or the Sheraton Towers. (Probably just that little bit tastier). But then Mr Murthy does not need the props that you and I need. You can look for the brand to support you or you can be the brand that supports the environment. Like every youngster today believes that IIM is the only brand that can build his career. Mr Murthy, however, believes in strengthening the IIM brand with the power of his own personality and the strength of his conviction. And this is precisely what he did as Chairman Board of Governors, IIM Ahmedabad. He fought for IIM's autonomy on the fee increase issue tooth and nail while some others in positions of authority were dithering and sitting on the fence. And I remember that from the IIM-B alumni association, we wrote individual letters to over 40 Directors of the various IIMs expressing solidarity with their quest for autonomy. We got one solitary reply thanking us. No prizes for guessing that Mr Murthy was the only one who wrote back. Mr Murthy has always responded to mail immediately. (A trait that Nandan Nilekani has as well). Unlike a host of CEOs and VPs who never respond to mails, text messages or calls on the mobile. There is a lot that business leaders and aspiring ones can learn from NRN as he is called. But then since many of our leaders know everything that needs to be known on every subject under the sun, I am sure they are not reading this column or following what comes to Mr Murthy naturally.
Recognition of achievement
Mr Murthy was one of the few business leaders who gave me considerable time by way of a personal interview for my just published book. I remember slotting an hour and we ended up spending ninety minutes. The interview was interrupted up just once as Mr Murthy, after excusing himself, went out to say hello to G.R. Vishwanath, the stylish cricketer who was visiting on behalf of SBI. Mr Murthy said he had been present with a host of his IIT Kanpur friends in 1969 when the batsman made his test debut against Bill Lawry's Australians. He complimented GRV on his fantastic century in the second innings while Vishwanath smilingly recalled his duck in the first innings. This was absolutely fascinating to me, a new dimension to Mr Murthy. Today, he is a celebrity several times over, but he took pride in recognising a hero of 37 years agoand actually went out of a meeting to acknowledge him.
Sum and substance
Mr Narayana Murthy clearly is a leader with a difference. I can't think of too many laying down office when they are at the peak of their physical and mental powers. More so when the company has been founded by them. Mr Murthy demonstrates the value of being oneself without professing to be something else. Consistency is key to a brand. "Ethical", "Values", "simple", "wealth creator" are the brand associations that he elicits consistently. Today, Infosys is recognised as the leader of the second generation of successful Indian companies. Not content with leading his company, he led software as one of its most influential leaders making it the industry of choice to Indian's brightest and best. He may retire from the company he built but will no doubt continue to be a brand. Without even trying.
(The author is Ramanujam Sridhar, CEO of Brand-comm.)
More Stories on : People | Corporate Governance | Third Umpire | Infosys Technologies Ltd | Software
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|