My dream organization is Infosys Technologies Ltd. It was founded in 1981 by seven engineers who quit their jobs to start a global software company in India. Infosys has experienced tremendous success, becoming India's most admired company with over 90% of its $2.1 billion in annual revenues coming from overseas. Infosys was a pioneer in India by offering stock options to employees and becoming the first Indian company to list on the Nasdaq. Today, Infosys continues to be highly respected and is the employer of choice for many young Indian engineers.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
My dream organization is Infosys Technologies Ltd. It was founded in 1981 by seven engineers who quit their jobs to start a global software company in India. Infosys has experienced tremendous success, becoming India's most admired company with over 90% of its $2.1 billion in annual revenues coming from overseas. Infosys was a pioneer in India by offering stock options to employees and becoming the first Indian company to list on the Nasdaq. Today, Infosys continues to be highly respected and is the employer of choice for many young Indian engineers.
My dream organization is Infosys Technologies Ltd. It was founded in 1981 by seven engineers who quit their jobs to start a global software company in India. Infosys has experienced tremendous success, becoming India's most admired company with over 90% of its $2.1 billion in annual revenues coming from overseas. Infosys was a pioneer in India by offering stock options to employees and becoming the first Indian company to list on the Nasdaq. Today, Infosys continues to be highly respected and is the employer of choice for many young Indian engineers.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
My dream organization is Infosys Technologies Ltd. It was founded in 1981 by seven engineers who quit their jobs to start a global software company in India. Infosys has experienced tremendous success, becoming India's most admired company with over 90% of its $2.1 billion in annual revenues coming from overseas. Infosys was a pioneer in India by offering stock options to employees and becoming the first Indian company to list on the Nasdaq. Today, Infosys continues to be highly respected and is the employer of choice for many young Indian engineers.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
You are on page 1/ 2
Prepare a 500 words write-up on My Dream Organization. Relate your personal and professional competencies to your dream organization.
My dream organisation is Infosys technologies ltd.
It began in 1981, in a town in western India. Seven young middle-class friends from Pune, most of them co-workers at a small software company, quit their jobs to chase a dream: to build a global software company in a country with few computer-users. And the risk has paid off. Twenty-five years on, repeated surveys say Infosys Technologies Ltd, now headquartered in the high-tech city of Bengaluru , is India's most admired company. MILESTONES CREATED AT INFOSYS: Infosys was India's first global company, with more than 90 per cent of its US$2.1 billion in annual revenues coming from overseas. It was the first in India to adopt a code of corporate transparency. First in India to offer stock options to employees; and First to list shares in the United States - on the Nasdaq in 1999.
Today, many young Indian engineers shun offers from global giants like IBM to work at Infosys, where just one of every 100 applicants is accepted. "We have demonstrated that it is possible to be world-class from India," said Chairman N.R. Narayan Murthy, who, as a principal founder, had to borrow money from his wife to set up the company with just 10,000 rupees (now US$1,000). Infosys had a very humble beginning when Mr. Narayan Murthy borrowed Rs.10,000 to begin his business endeavour. This meagre amount of Rs.10000 combined with the vision of the team headed by murthy determination, commitment, hardwork and offcource combined with the oppurtunity which was offered to them by the business environment, paved way to the success which they have acquired today. I, as an individual, will also be on the look out for an oppurtunity that the environment would offer and also try to make the best out of it for my ownself and the society. I value all the ingrediants that went into making infosys a giant organisation and shall imbibe them as a part in parcel of my persona in future. For me success doesnt equate with wealth but maximisation of wealth for all the stakeholders which is quite evident in infosys. "Today, no matter where you go in India, if you talk to entrepreneurs in the country, they would say, We want to be like Infosys, " said Murthy, whom Time magazine ranked among the world's 25 most influential businessmen in 2001. But there have always been challenges. Infosys' culture is hardly typical of India, a country where businesses long thrived on government protection and tax manipulation and where the corporate world was dominated by a tiny clique of family-owned conglomerates. And while its competition thrived on government contracts in those early outsourcing days, Infosys always looked abroad for customers. Infosys has made itself so strong and has proved its survival against giant companies like Accenture and IBM.
That wasn't easy. There were no venture capital firms then to pump up the company, and India had many currency restrictions. Through the 1980s, there were few big contracts. The founders kept their salaries low, says Nandan Nilekani, now the company's Chief Executive, who in the early days would share a scooter with co-founder S.D. Shibulal as they drove around Bangalore looking for business.
