Personalities of Ajim Premji and Narana Murthy

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Management 360 Term paper
On

LEADERSHIP STYLES OF Mr. NARAYAN MURTHY AND Mr. AZIM PREMJI - IMPACT ON THEIR FIRMS

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Submitted By
V. Vamsi Krishna (10148) M.V. Krishna Rao (10147) V.V. Ravi Lochan (10149) Vikram Shah (10150)

Table of Contents

Objectives3
LEADERSHIP4
STYLES OF LEADERSHIP5
Autocratic Leadership Style5
Bureaucratic Leadership Style5
Democratic Leadership Style6
Laissez-Faire Leadership Style6
Varying Leadership Style7
INFOSYS7
Mr. NARAYAN MURTHY8
LEADERSHIP STYLE OF NARAYAN MURTHY9
IMPACT OF NARAYAN MURTHY ON INFOSYS13
THE STRATEGIST13
PEOPLE MANAGEMENT14
CORPORATE GOVERNANCE AND INFOSYS15
WIPRO15
Mr. AZIM PREMJI15
LEADERSHIP STYLE OF AZIM PREMJI16
IMPACT OF AZIM PREMJI ON WIPRO19
CONCLUSION21
REFERENCES21

Objectives

* To understand the leadership style of Narayan Murthy and Azim premji. * To understand the contribution of leadership styles to successes of Infosys and Wipro. * To understand the managerial practices of Infosys and Wipro.

LEADERSHIP

Leadership is about ascertaining a method for people to contribute so that it can result in a significant achievement. It is a process that enables a person to influence others to achieve a goal and directs an organization to become rational and consistent. Leaders carry out these processes by leveraging their leadership traits such as values, ethics and knowledge. A nation cannot achieve leadership unless we have leadership at every level of the organization. Ultimately it comes down to the individual. In an era of competitive change it becomes imperative for leadership to understand the responsibility thrust upon them and adequately address it with respect to clients and employees Good leaders are not born. They are made. If a person has the willpower and the ability to learn, he can become a successful leader. A good leader engages in a continuous process of education, experience and training. He studies to improve his leadership skills and does not rest on past glory. One’s position as a manager or supervisor gives one the authority to handle responsibilities and achieve the desired results making him the boss. Leadership is different. It inspires the followers, makes them raise the bar and set themselves higher goals. When a person respects an individual as leader, he does not take into account the leader’s attributes but rather valuates his actions and makes an assessment. This observation helps him learn if he is a trustworthy leader or a selfish individual. Serving selflessly and taking everybody along in his stride in developing an organization makes a person an acceptable leader. In the opinion of the employees, leadership is that which advances the organizational goals, while taking care of employees’ well being. People like to be led by those whom they respect. To earn respect, leaders have to be moral and principled. They can provide a powerful vision of the future with the sense of proper direction to the followers. According to experts, there are two very important components of effective leadership. One is belief and confidence in leadership, which is an indicator of employee satisfaction in the organization. The second is effective communication by the leadership in making the employees understand the business strategy, helping them understand and contribute to the...
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