Академический Документы
Профессиональный Документы
Культура Документы
à pÚ ÚÚ p
p
p
Ú
, chairman, 3
, a pioneer of the Indian InfoTech industry
is one of the most distinguished leaders of corporate India. Azim Premji is one of the world's
most successful businessmen, regarded as an Indian Bill Gates after transforming his father's
vegetable products company, Wipro, into a multi national computer giant, the company under
the flag of his leadership never failed to deliver its best. A personality revered by all the
software professionals and an icon to the aspiring youth of the country, who has never failed to
inspire the young entrepreneurs. Forbes has estimated his net worth US $ 17.5 Billion in 2010
making him India͛s second richest person after Mukesh Ambani, the Chairman of Reliance
Industries.
c
Azim Premji was born in 1945 in Karachi, Pakistan in Gujarati Khoja-Shia Muslim family. Right
now he is residing in Bangalore. His father was also a business tycoon who owned Western
India Products Limited (The Full form of WIPRO). The core business of WIPRO was vegetable oil
and fats.Azim Premji comes from a Business family and his grandfather was a rice king of
Burma.
Azim Premji completed his initial education from St. Mary͛s School, Mumbai and later on went
to study Electrical Engineering at Stanford University, California, USA where Larry Page, the
co-founder of Google has studied. But at the age of 21 years, he forced to leave his study
becauseof the sudden death of his father in 1966 who founded WIPRO as a vegetable oil and
soap company. After that, 30 years later after building a fortune, he finished his graduation
He was also adjudged the Business Man of the Year 2000 by Business India. He is a
member of the Prime Minister's Advisory Committee for Information Technology in India.
Mohamed Hasham Premji, according to India Today, had been invited by Muhammad Ali Jinnah
Jinnah, of course, was Pakistan͛s George Washington. The invitation came after partition in
1947, when the subcontinent͛s Muslim-majority states split off to form Pakistan. In the end,
Hasham turned it down, opting to stay in India and take his chances, a decision any Muslim
businessman must have weighed carefully. Apart from any concerns he might have had over
Muslims migrated to their respective sides of the new borderͶhe had the socialist agenda of
Nehru͛s Congress government, in fact, forced Hasham out of the export business when it
nationalized the rice industry, a move that put him on the road to making vegetable oil. But if
independent India͛s first government forced the closing of one Premji business, a later one
p
p p
p
pp
ppp
ppp
p
p
ppp
p ppp
ppp p p!
"p p#ppp p
p#p
#pp$p#
ppp
p pppp
p#p
p
Premji have two children, M . Rishad is married to Aditi and is currently the Chief
M
Rishad Premji and his younger brother Tariq Premji, who works with Azim Premji͛s personal
investment firm, Premji Investp
p
is an Indian business tycoon and the chairman of Wipro Limited, a group company
that holds Wipro Technologies, one of India's largest software development companies.
has Estimated His V
3
in 2010 making him one of the richest
In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He was also
among the 50 richest people in the world from 2001 to 2003 according to Forbes. In April 2004,
he was rated among the 100 most influential people in the world by Time magazine. His assets
include 74% of Wipro. Wipro Limited, which dealt in hydrogenated cooking fats along with
consumer products, grew from a company of US $2.5 million to a giant of $1.4 billion under
Premji's leadership. Wipro Technologies, one of its group companies, is one of India's largest
software companies and is ranked among the top 100 technology companies globally. Premji is
c
from
USA when due to the sudden demise of his father, he
was called upon to handle the family business. Azim Premji inherited his father͛s $2 million
hydrogenated cooking fat company in 1966, repositioned it and created Wipro Ltd., a
more than 74% of the company͛s stock, Wipro͛s Chairman and CEO has become one of the
world͛s wealthiest men with an estimated net worth of just under $17 billionͶa total that slots
integrated business, technology and process solutions on a global delivery platform. Today,
3
*
&
&
M
+*
+
,
Premji started off in Wipro with a simple vision ʹ to build an organization on a foundation of
values. Under his leadership Wipro ventured into a continuous phase of expansion and
diversification with consolidation. In 1975, before venturing into IT, the company diversified
from vegetable oils to hydraulic cylinders and fluid power components and its factory at
Amalner was used for production of soaps, toiletries, and baby care products. Wipro also
entered the lighting products market and started manufacturing light bulbs with General
Electric.
The company
*
-
./ moving in to fill the void by the
withdrawal of IBM in 1977. Wipro started manufacturing computer hardware, later moving in
to software development under a special license from Sentinel, e-Security Inc's security
information management and compliance monitoring solution. The company began selling and
$1.76-billion diversified, integrated IT and ITeS Corporation. The company offers software
solutions, IT consulting, software design, and solutions, business process outsourcing services,
and research and development services in areas of hardware. With offices in 45 countries, the
company is the fourth largest in the world in terms of market capitalization in IT services
At the first annual general meeting of the company attended by Azeem Premji, a shareholder
doubted Premji's ability to handle business at such a young age and publicly advised him to sell
his shareholding and give it to a more mature management. This spurred Azim Premji and
simply means that he was a tought minded person with very much control of his emotions and
belived in showing the results rather than being discourage by his emotions.
Premji is a workaholic and according to him, in a competitive environment, work is the only way
to success and survival. An exacting taskmaster, he expects competence from his people and
though he is forgiving about genuine errors of judgment, he simply does not tolerate
obfuscation or deception.
Premji firmly believes that ordinary people are capable of extraordinary things. He believes that
the key to this is creating highly charged teams. He takes a personal interest in developing
teams and leaders. He invests significant time as a faculty in Wipro's leadership development
programmes. He also makes it a point to deal directly with customers as much as possible.
processes. This belief has driven Wipro's pioneering efforts in quality practice adoption.
33
+
ʹ the highest maturity level for any software process. The company earned this
certification in June 1999. It is also the world's first organisation to achieve PCMM Level 5
As the pioneers of Six Sigma in India, Wipro has already put in around five years into process
improvement through Six Sigma. A measure of quality, Six Sigma is a disciplined, data-driven
approach and methodology for eliminating defects (driving towards six standard deviations
between the mean and the nearest specification limit) in any process ʹ from manufacturing to
consistently refused to offer bribes to get things done; his oils business had to wait for 18
months to get an electrical substation for the vegetable manufacturing unit because he refused
to give in to demands for bribes. For 20 months the unit was run on captive power generation,
at an unbelievably high cost to the company. But Premji remained steadfast, preferring the
!
"
#
2
$%%%&
+&)
4*
*
, and he realizes that he, and leaders like him,
set the tone for their organizations. During one of his lectures, he touched on several things he
believes Wipro can improve upon and talked about the steps being taken to make such
improvements.
514*
*
*/'"/6
In a global economy, Wipro not only competes
with similar companies in India, but across the globe. Premji͛s goal is for Wipro to be the best
at what it doesͶperiod.
& '
()
Premji firmly believes that ordinary people are capable of extraordinary things. He believes that
the key to this is creating highly charged teams. He takes a personal interest in developing
teams and leaders. He invests significant time as a faculty in Wipro's leadership development
programmes. He also makes it a point to deal directly with customers as much as possible.
Setting the standard for an organization is a necessary aspect of good leadership as well, and
Premji doesn͛t believe this is possible if the leader doesn͛t do so with honesty and integrity.
o at you do todayͶcan you afford to see it in te newspaper tomorrow? Can you look in t
e mirror and talk to your wife about it? Talk to your parents about it?͟ e asks.
Premji takes a long-term view in terms of Wipro, not a view that͛s driven quarter by quarter.
**
/3
"
5&
"
65
&
/6 notes Premji. With 80,000 employeesͶ15,000 of them located outside of IndiaͶ
leadership needs to be culturally sensitive. Working in teams is also an integral part of how
7
*
*
*&
)
/6͞The
coaching model of leadership is important. It͛s essentially a ͚tough love͛ message. You invest in
talent to get more out of someone.͟ This has proven true of Premji. More than six-dozen
former Wipro employees have launched successful businesses around the world.
Premji believes self-confidence is a necessary part of good leadership. That confidence allows
leaders to take risks and learn from them, including lessons gleaned from the occasional failure
One can say that he uses Free-Rein style of leader where the leader gives complete freedom to
his follower to establish their own goals. He believes that he empowers people.
͞
&(
&M
& '
(
In the past three decades, he has transformed the family vegetable-oil business into one of
India͛s top four technology services firms. When American newsweeklies run cover stories
about the rise of India, they͛re talking about successes like Azim Premji͛s. When U.S. politicians
and pundits wring their hands about the effects of outsourcing engineering work in nearly every
sphere to Indian companies, they͛re talking about Wipro and a handful of counterparts.
Premji is flattered by comparisons with Gates, an old acquaintance and collaborator. Microsoft
is one of Wipro's biggest customers in India, although Premji quashes speculation that the two
could join forces more formally: 'They're much too big to want to partner with us.' He and
Gates have also discussed pooling philanthropic work, particularly initiatives in education,
8.Play to win
also ranked among the "50 richest people in the world" from 2001 to 2003 according to Forbes.
Financial Times included him in the list of "top 25 billionaires who have done most to bring
about significant and lasting social, political or cultural changes". In April 2004, he was rated
"among the 100 most influential people in the world" by Time magazine and Business eek
(October 2003) featured him on its cover with the sobriquet "India's Tech King."
The Indian Institute of Technology-Roorkee, and the Manipal Academy of Higher Education
have both conferred honorary doctorates on him. He is also a member of the prime minister's
3
+
M,-$.&/
0
1$2
0
M3./-
&
1%2M1/1-&-
M1$%/&$
The Azim Premji Foundation says it "Aims at making a tangible impact on identified social issues by
working in active partnership with the Government and other related sectors of society". The
Foundation was set up with financial resources contributed by Azim Premji. Programmes of the Azim
Premji Foundation focus on "creating effective and scalable models that significantly improve the
quality of learning in the school and ensure satisfactory ownership by the community in the
management of the school". Azim Premji Foundation says it "dedicates itself to the cause of
Universalization of Elementary Education in India". The organisation has over the years been
Citing a technology initiative, the Foundation reported: "Think of a single PC with three display
terminals, three keyboards and three 'mouses', which can be simultaneously used as if they are three
independent computers". This innovative idea from the Azim Premji Foundation is being deployed in the
computer aided learning centre at the Byatarayanapura Higher Primary School in Bangalore South
Animals and Journey on the Clouds (English), Swatantra Divas, Fun with Chinchoo in Mathematics and
Khel-Mel (Hindi), released in February 2005. With these, the total number of master titles available is
70.
There are now 68 titles in Karnataka, 42 for Andhra Pradesh, 35 for Tamil Nadu and Pondicherry, 18 for
Urdu medium schools, six for Orissa, 14 for Gujarat, 3 for Punjab and 1 for Kerala.
This Foundation is also involved in computer-based assessment in Andhra Pradesh (50,000 students
took part in early 2005), a learning guarantee programme, and a policy planning unit in Karnataka.
4 M(4
Azim Premji does a lot of charity work in India and a well respected man. He has made India proud by
establishing brand India through his company. His company is one of the top most information
technology companies in the world. He is a man of guts and I have been inspired by his works as well as
principles. I vote him as the most inspiring man. His actions speak louder than words. The
where there is a lot to be explored. But at certain points in life we may need someone to tell us what the
purpose of life is, someone to inspire us to take on the world and that we don͛t have to be mediocre.
He will come and change the way we think, he will change our perspective and help us to achieve what
we dream of. And that personality is ought to be called the͛ Inspiring person ͚of your life. That person
will polish up and lubricate our days With fluctuating values in daily life and diminishing importance to
ethics, it is tough to find a right ͚role model͛ or a person who can inspire for a teenager like me. Be it in
corporate world or political world, universally it is decaying. With one by third of the population below
14 years of age and more than 60 percentage of the population below 35 years of age, the need of the
hour in India is to have somebody to look up to. It is very important for the country in general and for
the young adults in particular to have somebody who holds values and principles tight and who can be a
source of inspiration like Gandhiji, Nehru, Abraham Lincoln or mother Teresa used to be. There is one
person in India who doesn͛t like to steal the limelight24/7. He is a man of few words, but his actions
speak louder than his words. He is the third richest manin the world. Yet he is simple. He is Azim Premji,
the founder of Wipro. He is the man I earlier talked about, a man who can kindle a fire in your belly and
p
pp#0ppppp
ppp#p$ppp11 p
p
0p
p
p2 pppppppp#p
ppp
pp#pp$p0p#pppp
p
#pp
pp#ppp#pppp#p#ppp
pp0pp#0p0p
pp#p
ppp
p
p2p#pp3111pp#pp#p#ppppp
0pp#0p0p
pp#p
ppp
p
p2p
p4p
p#ppp
p
p
p2p
pp
p
p0p
#pp
p#pp0p
pp#ppp
pp
pp#ppp#ppppp
pp#0ppppp
$p0p
pppp
pp#ppp&p# pp
pp
p#p(0#5ppp0#pp
p
p
2pp#ppp
p#ppp#p6p
## ppp
pp5pp%pppp#p#pp
p#ppp#ppp
0p
pp2#p
ppp
*pppp#pp2#p
ppp
pp#p0ppp
ppppp
ppp#-p p#pp
pp
7pp#
ppp
p#p
p
p2ppp
8
pp
pp0p
#ppp#pp0p
pp#pp
pp9
pppp#ppp#8p$p0pp8%#ppp
p
ppp
ppppp8pp
p
p
p
p:0
p
$p:
0p114 p
p
p0p1;p
pp:0
p
pppp
p#ppp
p#ppp0p
-pp
pp<p$
p!pp
p
pp0p
p$$$p= ppp*p
pp$$$p>
p#pp
p
pppp#pp#ppp p
p
ppppp
p
Ú à
!
"#
$
ppp
pp
pp0p
p
p*pp:
ppppppp
p
pp?9p
p
pppp#p pp4 111p#p0p#
pp
p
ppppp0pp
pp$p
pp0#pp
p#pppp
#p
pp0ppppp
#pp#p#ppp#p
$p# pp
ppp
ppp
p
p
ppppppp>p0p#pp$p)p#pppp
p
pp$-p#p#ppppppD:pEpF3p>p##pp
p20p11p
p)pp
p
p2p#ppp0ppp
p
p!ppp+p11Ap0pp%#
#p
p
p
pp
p.p11A/ppp
p11p
pppppp
p$pGp113 pp9
pp$p#pp
pp
0 pppp
-p p p ##p p
#p #p p p
p p # p
p#pp
p#pppp p0ppp#pp
pp
##ppp
-pppp
p0pp
pppppp
&##p#p5p
ppppp
#pp
p:
ppppp
#pp pp
pppppppppp0p
pppppp?p
pppp
p
ppppp
pppp&##p(ppp#p&##pp
0p
ppp0pppBpppppp%
pp
"%
&
5M
"
/
,
,
,
"
+
*6
Ú