Murthy Bids Adieu: Asks Infoscions To Focus On Productivity, Intelligent Software
"I request every Infoscion to think big and act boldly. We believe the culture of individuals being aware of their productivity has the potential to improve how appraisals are done, how wasted effort is reduced in projects, how we deliver software to our clients and how well we sell services to our clients," Murthy asserted.
Noting that the initiatives he took over the last 12 months would improve sales effectiveness, augment delivery, optimise costs and reduce risks arising out of external factors; Murthy said the long-term goal required the leadership to attract, empower and retain the best talent and build a multi-cultural workforce.
For the second time in three years, Murthy bid adieu to the iconic company he co-founded with four other 'smart techies' in 1981, as he stepped down from the top executive post a year after he returned to revive its sagging fortunes.
Though Murthy retired from the $8.3-billion IT bellwether in August 2011 on turning 65 in compliance with the policy he laid down for co-founders in executive posts, the company's board prevailed upon him to return June 1, 2013 for five years.
Dramatic appointment of renowned technocrat Vishal Sikka, former executive board member of German software product firm SAP AG, as the global software major's first outside chief executive from August 1, however, made Murthy to call it quits, cutting short his five-year tenure in his second avatar abruptly.
"I decided to exit a year after my return to ensure a smooth transition of responsibilities to the new management and give a free hand to Sikka for steering Infosys into future as a marquee Indian brand in the technology space," Murthy told the shareholders.
After handover of the reins of his grown-up 'middle child' to Sikka, Murthy will become chairman emeritus again from October 11, relinquishing even as non-executive chairman, an interim post during the transition period.
"Very few people get an opportunity to add value to a great company a second time, that too after retirement," Murthy said in his farewell note to employees, clients, investors and other stakeholders.
(with inputs from agencies)
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