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Infosys Leadership Strategy

In: Business and Management

Submitted By nits21
Words 2256
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Recognizing the need for grooming leaders in the Indian IT industry, Infosys Technologies Ltd. has emerged as the first Indian company to setup an institute exclusively for the purpose of developing leaders to sustain Infosys' legacy... Early200l saw the birth ofInfosys leadership Institute IL! with the visionto be a globally recognized institution thatnurtures leaders and advances the field ofleadership development. Over thepast decade the growth wimessed at Infosys coupled with globalization, provided Infosys the impetus to focus on developing leaders for the future. It was in keeping with thisvision that Narayana Murthy, the founder and chairman of the company, carefully put together a management council, which is an advisory body that took strategic decisions about the company. During the management council meetings Murthy noticed that young achievers in the company were hesitant to come forth with their suggestions. On encouraging them to speak, Murthy found their suggestions and thoughts had alot of substance and could help the company significantly. These people had not contributed to the discussions for the sole reason as they were afraid of transgressing hierarchy. This bothered Murthy and front this concern was born his grand plan to build a leadership institute that would groom and develop leaders from promising Irifoscions, irrespective of hierarchy and give them the opportunity to shape the future of the company they were helping to build. The institutes main objectives are jotted around the same, which includes preparing the companyto manage its global growth anddiversification objectives; to prepare employees to face the complexities of the market and the rapidly changing environment; and, to create higher customer-value through thought leadership around both the science and practice of developing leaders. In fact, The charter of IL! is to

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