Dear all, I know there are many whose parents are in business and prefer to pursue on their own rather than rely on inheritance. We have seen the sibling rivalry of Ambanis, and these days, Ranbaxy is in the spotlight. But read the Infosys story, and to date, even Premji's son is yet to be seen anywhere in the WIPRO's business operations. That's the great Indian spirit.
What Narayana Murthy's Son Plans to Do
PTI | July 24, 2006 | 16:50 IST
Infosys chief mentor N R Narayana Murthy has said his 22-year-old son Rohan does not want to step into his shoes and hinted he may have a venture of his own. "I think he (Rohan) is much smarter than I am. So, he probably will have some good ideas on what he wants to do," Murthy, who retires from Infosys on August 20 when he turns 60, said. "No, not at all," was Murthy's reply when asked if Rohan, who is doing his PhD at Harvard and currently on an internship at Microsoft, has evinced interest to step into his shoes at Infosys. "Whatever he wants to do, our (his and his wife Sudha's) encouragement will always be there. And, we will be happy to support him," the chief of the Nasdaq-listed firm headquartered in Bangalore said. Murthy's 26-year-old daughter Akshata has just finished her MBA from Stanford. Asked if he has plans to set up any start-up firms, Murthy said he does not have any such thing in mind at this point in time. Murthy, who founded and nurtured Infosys for 25 years, making it a world-class company, does not want to dabble in politics post-retirement. "I have no desire to enter politics because I am not suited for that," Murthy said. "It's simply because I have some experience in working with a set of homogenous people that are well-educated, whose objectives are very much aligned with my objectives... people who believe in certain values," he said. He added that politics in India is a "very complex canvas" with multiple divides - urban and rural, rich and poor, and educated and not so educated.
From India, Pune
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108What Narayana Murthy's Son Plans to Do
PTI | July 24, 2006 | 16:50 IST
Infosys chief mentor N R Narayana Murthy has said his 22-year-old son Rohan does not want to step into his shoes and hinted he may have a venture of his own. "I think he (Rohan) is much smarter than I am. So, he probably will have some good ideas on what he wants to do," Murthy, who retires from Infosys on August 20 when he turns 60, said. "No, not at all," was Murthy's reply when asked if Rohan, who is doing his PhD at Harvard and currently on an internship at Microsoft, has evinced interest to step into his shoes at Infosys. "Whatever he wants to do, our (his and his wife Sudha's) encouragement will always be there. And, we will be happy to support him," the chief of the Nasdaq-listed firm headquartered in Bangalore said. Murthy's 26-year-old daughter Akshata has just finished her MBA from Stanford. Asked if he has plans to set up any start-up firms, Murthy said he does not have any such thing in mind at this point in time. Murthy, who founded and nurtured Infosys for 25 years, making it a world-class company, does not want to dabble in politics post-retirement. "I have no desire to enter politics because I am not suited for that," Murthy said. "It's simply because I have some experience in working with a set of homogenous people that are well-educated, whose objectives are very much aligned with my objectives... people who believe in certain values," he said. He added that politics in India is a "very complex canvas" with multiple divides - urban and rural, rich and poor, and educated and not so educated.
From India, Pune
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Succession Planning in Family Business.pdf