Persoanlity_Narayana_Murthy

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    NARAYANA MURTHY

    S u b m i t t e d b y :

    D i n e s h D a h i y a

    M F M - 2 0 1 1 - 2 0 1 3

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    9 / 1 5 / 2 0 1 1

    Personality analysis of

    Narayana Murthy

    Submitted to: DIBYENDU BIKASH DUTTA, Asst. Professor,

    FMS Dept., NIFT Kolkata

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    CONTENT PAGE:-

    1. Introduction.--------------------------------------------------------------------------3 Background-------------------------------------------------------------------3 Purpose------------------------------------------------------------------------3 Scope--------------------------------------------------------------------------3 Methodology------------------------------------------------------------------3

    2.Executive Summary------------------------------------------------------------------43.Literature Review---------------------------------------------------------------------44.About The Industry Sector-----------------------------------------------------------55.About The Personality-----------------------------------------------------------------56.Analysis and Justification-------------------------------------------------------------67.Conclusion------------------------------------------------------------------------------78.Recommendations----------------------------------------------------------------------7

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    INTRODUCTION:-

    We remember some persons in our life because they have some appeal in their character. We

    remember apersons behavioror attitude and label that this person has good personality. As part

    of my academic study I got a chance to analyze a successful personality. I have chosen Narayana

    Murthy and analyze his personality on different criteria.

    1] BACKGROUND:-

    This report will tell about different aspect of Narayana Murthys personality as well as his

    attitude, behavior and value system too.

    2] PURPOSE:-

    My personal intention and eagerness for doing this assignment is to make myself understand the

    term personality, how personality affects behavior and what qualities of Narayana Murthy made

    him successful.

    3] SCOPE:-

    In this report everything is concerned with the personality, behavior, attitude, and value system

    of Mr. Narayana Murthy and also how he makes Infosys count in Top IT Company.

    4] METHODOLOGY:-

    In describing personality usually we should prefer secondary data i.e. print and digital media,

    online resources; this is because an individuals personality will reflect in his interviews,

    speeches and his decisions. To analyze personality, a person should read books which are written

    on that personality or which are written by that person. Journal and magazine with specific and

    relevant article which provide us appropriate information given prioritize. Online resources can

    also be valuable only if we are passing through authorized websites. Also we should have some

    knowledge about how to describe and analyze personality. I used The Big Five Model to

    understand and describe Mr. Murthys personality.

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    EXECUTIVE SUMMARY:-

    Personality of a person contains his behavior, attitude, value system; his mentality and his

    decision making process. Mr. Murthys personality is enclosing all the essentials contents to

    become successful. I analyzed his personality according to The Big Five Model. All the way

    through this obligation I describe Mr. Murthys personality and find out to become successful in

    life a person should hard work and big dreamer. He is focused to his work whether that is

    professional, personal or social.

    .

    LITERATURE REVIEW:-

    Personality is the figure overall of ways by which a human being respond and intermingle

    with others (Robbins, Judge, & Sanghi, 2009). A persons personality is completely inspired by

    its surroundings and social environment which is given by persons parents, relatives and friends

    and his behavior is reflection of that environment. On the other hand personality is also affected

    by persons emotional experiences (Bockenholt, 2001).

    Now a days personality analysis is done by MNCs to analyze employees adoptability to

    act in groups and other countries. By doing analyze of their personality they came to know abouttheir behavior and attitude and they can judge that a person is suitable for which job (Huang,

    Chi, & Lawler, 2005).

    Analysis of a personality can be done by two methods which are Myers-Briggs Type

    Indicator (MBTI) and The Big Five Model. To describe an individuals qualities The Big Five

    Model is proper (Luthans, 2005).

    After analyzing the personality we came to know about that persons different aspect as

    like his risk taking ability, leadership ability etc. We can say that a person can be good

    entrepreneur if his key traits are risk taking, creativity, leadership, and motivation etc. only after

    evaluating his personality (Chauvin, Hermand, & Mullet, 2005).

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    ABOUT THE INDUSTRY SECTOR:-

    Narayana Murthys Infosys technology limited was an IT company established in 1981.

    After the liberalization process (1991-92) in Indian economy; I.T. industry developed at an

    extraordinary and incomparable growth rate of over 50% till 1998 (Murthy, Business Week

    International(Asia) Edition, 1998). This sector was worth of $12.6 billion in year 2003 and that

    was 3.5% of global IT and these figures are enough to say about this industry (radhakrishna,

    2004).

    ABOUT THE PERSONALITY:-

    I have selected Mr. N.R. NARAYANA MURTHY as a person to understand and analyze

    the different elevations of his personality. He is the Non Executive chairman and Chief Mentor

    of Infosys Technologies Limited.

    Mr. Murthy was born in Karnataka on 20 August 1946. He has 8 brothers and sister and

    he was from an average middle class family (Murthy, A Better India:A Better World, 2009).

    Murthy has completed his B.E. from University of Mysore in 1967 and M. Tech from IIT

    Kanpur in 1969. He selected computers and IT as a career prospect and worked in computer

    departments of IIM Ahmadabad, SESA in Paris. After getting work experience in Europeancountry he moved back to India in 1974. In India he worked with Patni Computer System in

    Pune (N R NARAYANA MURTHY).

    In 1981 he with six others decided to start Infosys Tech, Ltd. Mr. Murthy with his hard

    work took Infosys in the list of successful IT companies of India. In 1995 Infosys bring its IPO;

    in 1996 it started its first office in Europe at Milton Keynes, UK. It was the first Indian company

    to become listed in NASDAQ; it was the milestone in the way of Infosyss success story. In the

    2002 Infosys was selected as the The Indias Most Respected Company by The BusinessWorlds survey. In 2006 Murthy resigned as chairman of Infosys (Values First, 2000).

    He got many honors and awards. Some of them are-

    In 2000 Asiaweek magazine counted him in 50 most powerful persons of Asia. TIME/CNN featured him as 25 Most Influential Global Executive in 2001.

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    He received Indo-French Forum Model in as well as The World Entrepreneur of the Yearby Ernst and Young in 2001 (NARAYANA MURTHY - WORLD ENTREPRENEUR

    OF THE YEAR, 07).

    He was declared as the Most Powerful CEOs of India for year 2004 and 2005 by TheEconomic Times (Narayana Murthy Profile).

    He also establishes Infosys Foundation in 1996 to work for the welfare ofpoors and giving

    them proper resources to develop (DATTA, 2007).

    ANALYSIS AND JUSTIFICATION:-

    There are two models to analyze and justify an individuals personality. From them The Big

    Five Personality Model is appropriate to describe Mr. Narayana Murthys personality so we will

    use this model (Robbins, Judge, & Sanghi, 2009). According to this model-

    1. EXTRAVERSION Murthy is very friendly and socialite person (Values First, 2000).He always raises his voice for social issues in India as election, poverty, unemployment

    etc. He is also a part of various education institutes of India as well as of foreign

    countries.

    2. AGREEABLENESS Undoubtedly Murthy is a person who is good natured andcooperative because he manages to make Infosys a successful company through the

    proper understanding with other founders of Infosys (Murthy, A Better India:A Better

    World, 2009).

    3. CONSCIENTIOUSNESS - Narayana Murthy is a person who already set his targets,goals and worked with other in organized and accurate way to get his destination. He is

    honest because he handles to work in a group for a long time without any controversy

    (Murthy, A Better India:A Better World, 2009).

    4. EMOTIONAL STABILITY He is emotionally very stable person and do not showhis emotions to others.

    5. OPENNESS TO EXPERIENCE Narayana Murthy is a person who is eager toincrease his knowledge as we can understand that in 1970s computer field was new and

    not a secure one but he choose that because of his tendency to amplify the understanding.

    (Murthy, LEARNING FROM THE WEST, 2009).

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    Attitude of a persons can be identified by evaluating his performance, job satisfaction and

    job involvement. Murthys attitude was like he had both job involvement and satisfaction. We

    can understand his job involvement that in 1990 five of the founders of Infosys decided to sell

    Infosys but Murthy refused and offered them that he will buy Infosys (Life lessons from

    Narayana Murthy, 2007). Working in same organization for more than 25 years implies your job

    satisfaction.

    A persons Values shape that persons behavior and attitude. We know that the attitude of

    Mr. Murthy was decent so his values should be also high. Narayana Murthy was a hard worker,

    honest, socially aware, visionary, loyalty to organization kind of person who believes in his

    growth in companys growth (Murthy, A Better India:A Better World, 2009).

    CONCLUSION:-

    After analyzing Narayana Murthys personality, values and attitude I came to know that a

    person can became successful only if he has good personality, value and attitude. Narayana

    Murthy is a person who took risk, did hard work, being patient for results, and cooperative; these

    qualities of his personality made him successful.

    RECOMMENDATIONS:-

    Analyzing a personality can be a very interesting as well as very challenging job at the

    same time. To analyze personality a person should not have any perception or

    anticipation and he should study proper about that persons personal and corporate life to

    find out different aspect of that person.