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Notes on tech

Notes on technology, business, enterpreneurship, economy, markets along with interesting general tidbits.

Narayana Murthy's secret sauce for success

8/13/2005 02:58:00 PM, posted by anand

Infosys turned 25 years old this year. According to Narayana Murthy, Infosys's co-founder, here are the ingredients to building the sauce for success:

Entrepreneurship is a marathon
The key to a successful corporation is longevity. The name of the game is: predictability of revenues; sustainability of the prediction; profitability; and a good de-risking model.

Value system
A sound value system is what differentiates long-term players from others. Putting the corporation's interest ahead of personal interest will advance personal goals in the long term. Confidence is half the battle, and leadership is making the impossible look possible. Speed, imagination and excellence in execution are the only three context-invariant and time-invariant attributes for success.

Trust of employees, investors
The trust of employees is the most important ingredient for successful leadership. To gain the trust of people, there is no more powerful leadership style than leadership by example. The world respects performance and action, not rhetoric. To retain the trust of your investors, it is better to under promise and over-deliver.
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