Infosys Technologies : 

The Best Among Indian

Corporates

Presented by :

Group 5

Members

The Founder & Chief Architect Of Infosys:

N. R. Narayana Murthy

Infosys Technologies

Ltd. is one of the

largest Information

Technology

companies in India. It

has International

presence, having 63

offices and

development centres

around the World

employing more than

122,000 persons.

HISTORY

&

SPECTACULAR GROWTH

OF

INFOSYS

Major milestones in their 30-year-old journey

1981

• Infosys is established by N. R. Narayana Murthy and six

engineers in Pune, India, with an initial capital of US$ 250

• Signs up its first client, Data Basics Corporation, in New

York

1983

• Relocates corporate headquarters to Bangalore

1987

• Opens first international office in Boston, US

1993

• Infosys got listed on BSE on June 14, 1993

1999

• Infosys was listed on NASDAQ

2000

• Opened offices in France and Hong Kong, a global development

center in Canada and UK and three development centers in the US

2001

• Offices opened in UAE and Argentina and a development centre in

Japan

2002

• Nandan M. Nilekani took over as CEO

2003

• Subsidiaries established in China and Australia.

2004

• Infosys Technologies became the first Indian listed software

company to have a net profit of Rs 1,000 crores or more.

2005

• Won the Global Most Admired Knowledge Enterprises (MAKE)

award.

2006

• N. R. Narayana Murthy retired from the services of the company

on turning 60.

2007

• Reported Q2 revenue of over USD 1 billion. Annual revenues

crossed USD 3 billion.

2008

• Revenues crossed USD 4.18 billion

2009

• Employee strength grew to over 1,00,000

2010

• Infosys voted as the Best Managed Company in India by Finance

Asia.

The Headquarters of Infosys located in Bengaluru

Glass building in

 Pune campus

A building in Thrivandrum campus

Main block in Chennai campus

The Development Center in Mysore campus

VISION

“To be a globally respected

corporation that provides best

of-breed business solutions,

leveraging technology, delivered

by best- in-class people”

MISSION• “To achieve our objectives in an

environment of fairness, honesty and

courtesy towards our clients, employee’s

vendors and society at large”.

• Its business activities are anchored in three

pillars of corporate behavior, Viz., Business

Ethics, Corporate Governance

and Corporate Social Responsibility.

MESSAGE

o “Powered by Intellect”

o “Driven by values”

o “Combination of world class quality

and talent, guided by ethical

values.”

Infosys standards

Best campus

Best working environment

Best employer

Most transparent dealings

Highest quality standards

Powered by Intellect

• Leveraging GDM (Global Delivery Model)

• Help clients derive maximum strategic

advantage.

• Customer-centricity

• Meeting shareholder expectations

• Building a multicultural workforce

GDM

• In GDM, large scale software development projects are

divided into diff categories

• The tasks that were needed to be carried out at the

location of the client

• The tasks that were needed to be carried out closer to the

client

• The tasks that could be done in remote locations where

process driven technology center with highly skilled

manpower were easily available.

OBJECTIVES OF GDM

• To ensure the distribution of application

and business process lifecycle activities

and resources, while ensuring their

integration.

Driven by Values

• Customer delight

• Leadership by example (set stds)

• Integrity and transparency (ethical,sincere

and open)

• Fairness (objective and transaction

oriented)

• Pursuit of excellence

What makes Infosys special?

• Highest performance standard

• Long term shareholder value

• Functioning rooted in strong ethical values

• The 3 pillars - Corporate Social

Responsibility, Corporate Governance and

Business Ethics

VALUE SYSTEM AT INFOSYS TECHNOLOGIES

Integrity

&

transparency

Corporate Governance

A system of corporate governance is a

system of checks and balances between the

board, management and investors to

produce an efficiently functioning

corporation, ideally geared to produce long-

term value.

CORPORATE GOVERNANCE PHILOSOPHY

The philosophy of corporate governance of Infosys is based on the following principles:

1.To satisfy the spirit of the law.2. To have transparent and high degree of disclosure levels.3. To have distinction between personal conveniences and

corporate resources.4. To have truthful external communication.5. To comply with laws of all countries in which the company

operates.6. It have simple and transparent corporate structure driven

solely by business needs.7. In Infosys management is considered as the trustee of the

shareholder’s capital and not the owner.

UNIQUE PRACTICES OF INFOSYS

• Infosys has an active, well-informed and independent

board, which is necessary to ensure high standards of

corporate governance in any organization.

• Infosys Technologies believe that the Board of Directors is

at the core of corporate governance practice and oversees

how management serves and protects the long term

interest of all stakeholders.

• In Infosys the majority of the, 8 out of 15 are independent

directors.

• Infosys is committed to long-term shareholder value.

• Infosys has audit, compensation, investor grievances,

nominations, and risk management committees which

comprises only independent directors.

• Infosys furnishes in the annual reports about its compliance

with the corporate governance guidelines of six countries

in their national languages.

• The company comply with Euro shareholders corporate

governance guidelines, 2000.

• The recommendations of The Conference Board

Commission on public trust and private enterprises in the

US.

• The company also adheres to the UN global compact

programme.

CSR INITIATIVES OF INFOSYS

• At Infosys, the distribution of wealth is considered as important

as its legal and ethical creation. A strong sense of social

responsibility is therefore an integral part of its value system.

• Infosys Foundation established in 1996, supports programs and

organizations devoted to the cause of the destitute, the rural

poor, the mentally challenged, and the economically

disadvantaged sections of the society.

• Community service through its Computers@Classrooms

initiative launched in January1999.

• Infosys donated 2,567 computers to various

institutions across India.

ENVIRONMENT 

• Infosys is engaging with global thought leaders and

decision-makers in debate and actionable programs to

identify and drive the implementation of sustainable ways

to manage the consumption of energy and resources. The

efforts begin right at home, through project Ozone.

• Social commitment in education: Infosys' Education &

Research group has the pride of anchoring the Infosys

Extension Program (IEP), which consists of the Infosys

Fellowship Program, Rural Reach program, Catch Them

Young and Train the Trainer.

• Sustainability Report : Infosys has published

its first Sustainability Report, 2007-2008. In

accordance with the Global Reporting Initiative

(GRI) framework, the report encapsulates the

company's-

• economic performance,

• innovation in offerings,

• people engagement, and corporate social

responsibility initiatives,

• The report has been awarded an A+ rating by the

GRI.

CORPORATE GOVERNANCE ACHIEVEMENTS

• In 2000, the company was conferred the National Award for

Excellence in Corporate Governance by the Government of

India.

• The Business World — IMRB Survey ranked Infosys number

one among the most respected companies in India, in 2001.

• It was voted as India’s best managed company for 6 years

in a row, between 1996 and 2001 by the Asia Money Poll.

• In the year 2000, in the survey of Far Eastern Economic

Review,

• Infosys was selected as one of Asia’s leading corporations

and was ranked first as “ The Company that Others Try to

Emulate”

• The company was voted “India’s Most

Admired Company” in Economic Times in 2000.

• In 2003, Infosys Technologies co-founder and chairman,

Mr. N. R. Narayana Murthy, won the Ernst & Young World

Entrepreneur of the Year award for his company’s

“outstanding financial performance and global impact in a

dynamic and volatile industry”.

• Infosys Technologies has won the prestigious “Global Most-

Admired Knowledge Enterprises (MAKE)” Award, for 2004.

• Infosys Technologies made a winning sweep in the Business

World “Most Respected Companies’ Award” 2004.

• The latest Business Today—AT Kearney study conducted in

March 2005placed

• Infosys Technologies as “India’s Best Managed Company”.

• CRISIL assigned the company the “CRISIL GVC Level 1”

rating, indicates the capability to create wealth for all

stakeholders while adopting sound corporate governance

practices.

• ICRA assigned “CGR 1” rating to the company for their

corporate governance practices.

CHALLENGES

• Huge decline in IT industry - Global economic slowdown

• US Govt. against Outsourcing

• Shrinking margins due to rising wage inflation - offshoring

• Foreign Exchange fluctuations

• Competition from giants -Accenture, IBM…

Strategies Used by Infosys…

• Diversify the revenue

• Employee oriented

• Using Modern technology

• Cost reduction

THE PHANEESH-MURTHY CASE!

• The Phaneesh Murthy Case In Dec. 2001,

former Infosys employee Reka Maximovitch, a

Bulgarian American national filed a complaint

against• Mr. Phaneesh Murthy (head of U.S. Operations

and member of BOD) alleging verbal sexual

harassment, unwanted sexual advancements

and unlawful termination of employment.

• Infosys started an internal settlement and after

initial reluctance Phaneesh submitted himself for

all the conditions that company had set.

• Infosys announced amicable dispute settlement

on 11th May 2003 and Reka was paid $3 million

as compensation.

• The company had paid $570,000 to Phaneesh Murthy as

part of the final settlement of his dues when he resigned in

July 2003 as head of  Infosys' worldwide sales and

marketing and from the company's board of directors.

• After this episode, Infosys put in place principles of work

ethic sand a whistle blower policy.

• Infosys also started sexual harassment cell “call ASHI” (Anti

Sexual Harassment Initiative), to provide an environment

free of harassment

• After this case there has been no allegations of any kind on

the company.

All about sacked iGate CEO Murthy

May 22, 2013: The twice-born, middle-class Brahmin

boy from Malleswaram, Bangalore has now twice fallen

for the same vice: sexual misconduct with women at

the workplace. By his sheer star-wattage and brilliance,

he managed to resurrect his career after he was fired

by Infosys in 2002. However, after the current

sex scandal, it's hard to see a second comeback for

Phaneesh Murthy. 

Concluding Observations

• Sound corporate structure and policy does not

guarantee avoidance of scandals like Phaneesh

Murthy’s case.

• It’s the managers ethical standards which decide

the level of integrity and value system within an

organization.

• Mr. Narayana Murthy : “For me corporate

governance is a mindset, a question of value

systems. It is a way of saying that I put public

good ahead of private good; of not using the

corporation's resources for personal benefit. As a

society becomes more and more evolved, what

appears in the realm of ethics automatically

enters the realm of the legal framework.”

THANK YOU