The decision of IT major Infosys board to reappoint founder N.R. Narayana Murthy chairman, and his readily accepting the challenge come as good news. Although bringing the company back to its lost glory may not be an easy task in the present scenario, Mr. Murthy’s willingness to don the mantle in trying times is commendable. The maxim that an organisation is greater than an individual can be wrong at times.
Kshirasagara Balaji Rao,
The iconic business leader’s second innings points to the gloom and despair enveloping the economy. But the larger issue is of leadership vacuum hovering over the economy. The economy and business grow on the strength of leaders whose integrity, inventiveness and foresightedness enthuse the workforce and inspire hope, aspiration and innovation.
The task ahead for NRN is not simple with giants CTS, HCL and, recently, Mahindra Satyam staging a comeback. The competition looks tough with IT also witnessing big changes in Web 2.0 applications (as seen in the success of FB, Twitter, Cloudera, etc.). With the advent of cloud computing, the IT landscape is changing fast. The question today is how well IT is aligned with business.
K. Vinaya Kumar,
Mr. Murthy’s return should boost the fortunes of Infosys, which has seen a decline in overall revenue growth for the last nine quarters. Although everything appeared cosy when Mr. Murthy retired two years ago, it was apparent that a large, complex company would miss his much-needed guidance. Just as Steve Jobs returned to boost Apple, one hopes Mr. Murthy’s return will help Infosys.