Narayana Murthy expresses regret over not adequately rewarding early Infosys employees
Parents can’t watch movies and expect kids to study,” says Infosys founder Narayan Murthy
Narayana Murthy, the founder of Infosys, has expressed regret for not adequately rewarding many of the company’s early employees who made significant contributions to its success. During a discussion following the launch of his book, Murthy acknowledged the extraordinary efforts of early adopters and mentioned that he should have thought more carefully about rewarding them, emphasizing that their contributions were as valuable as his own.
He admitted that there were several exceptionally smart early adopters of Infosys who did not receive the same level of stock awards as the co-founders. Murthy suggested that rewarding these extraordinary individuals would have been beneficial for them as well. Infosys, established in 1981, was co-founded by seven engineers, including Murthy.
In a recent interview, Murthy also expressed regret for not allowing his wife, Sudha Murty, to join Infosys in its early days. Sudha Murty had provided the initial seed capital of ₹10,000 for Infosys.
Reflecting on his time at Infosys, Murthy highlighted the democratic decision-making process where everyone’s views were considered. He acknowledged that Infosys would have performed even better because they had created an enlightened democracy within the company.
On a separate note, when asked about his son-in-law, Rishi Sunak, who is the Prime Minister of the UK, Murthy maintained a diplomatic stance, stating that they have close, harmonious, and affectionate personal relations, but refrain from commenting on the affairs of another country.
