3 weeks ago

Narayana Murthy Quote Urges Meshing Expertise With Meritocracy

Narayana Murthy Quote Urges Meshing Expertise With Meritocracy
Quote of the Day by Narayana Murthy : ‘You need to mesh the voices of people with expertise and meritocracy’ · businesstoday.in

This story is about a very famous businessman from India named Narayana Murthy.

He helped start a big computer company called Infosys.

When he began the company in 1981, he only had a little bit of money, about ten thousand rupees, which he borrowed from his wife.

Today, Infosys is one of India's biggest technology companies.

Mr. Murthy has a special idea he likes to talk about.

He says companies should listen to people who are experts and who do great work.

He believes the best ideas should win, even if they come from younger or newer workers.

He thinks people should be chosen for their skills, not their age, titles, or social background.

This idea is called meritocracy, and it is the message of his Quote of the Day.

Key facts

Subject
N R Narayana Murthy
Company
Infosys (co-founded with six other software professionals)
Year Founded
1981
Initial Capital
₹10,000 (roughly $250 at the time), borrowed from wife Sudha Murty
NASDAQ Milestone
First Indian-registered company to list on NASDAQ (1999)
Quote
You need to mesh the voices of people with expertise and meritocracy
Occasion
Corporate address hosted by the Economic Times India Leadership Council
Philanthropy
Funds rural development, education, healthcare, and arts via the Infosys Foundation

Sources

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