InfosysTechnologies :

The Best Among Indian

Corporates
Presented by :
Group 5
Members

The Founder & Chief Architect Of Infosys:

N. R. Narayana Murthy

Infosys
Ltd.

is

Technologies
one

largest

the

Information

Technology
in

of

companies

India.

It

has

International presence,
having 63 offices and
development
around
employing

centres

the
more

122,000 persons.

World
than

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
Punecampus

A building in
Thrivandrum campus

Main block in
Chennaicampus

The Development Center in

Mysore campus

VISION
To be a globally respected
corporation that provides best ofbreed business solutions, leveraging
technology, delivered by best- inclass people

MISSION
To achieve our objectives in an environment
offairness, honesty and courtesy towards our
clients, employees vendors and society at large.

Its business activities are anchored in three pillars

ofcorporate behavior, Viz., Business Ethics,
Corporate Governance andCorporate
SocialResponsibility.

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

advantage.
Customer-centricity
Meeting shareholder expectations
Building a multicultural workforce

strategic

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

y
t
i
r
g
e
Int
&
y
c
n
e
r
a
transp

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 disclosurelevels.
3. To have distinction between personal conveniences and corporate
resources.
4. To have truthful external communication.
5. To comply with laws ofall 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 trusteeof the
shareholders capital and notthe 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 thelong term interest ofall
stakeholders.

In Infosys the majority of the, 8 out of15 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
intheir 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 tothe 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 Foundationestablished 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 decisionmakers 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

athome, 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 theNational 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 Indias 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 Asias leading corporations and
was ranked first as The Company that Others Try to Emulate
The company was voted Indias Most AdmiredCompany
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 Yearaward for his companys outstanding
financial performance and global impact in a dynamic and volatile
industry.
Infosys Technologies has won the prestigious Global MostAdmired Knowledge Enterprises (MAKE) Award, for 2004.
Infosys Technologies made a winning sweep in the Business
World Most Respected Companies Award 2004.

 The latest Business TodayAT Kearney study conducted in

March 2005placed
Infosys Technologies as Indias 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

formerInfosys

Murthy
employee

Case
Reka

In

Dec.

2001,

Maximovitch,

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

terminationof employment.

and

unlawful

 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

ofthe 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
ofharassment
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 misconductwithwomenat 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 sexscandal, 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

Murthys case.
Its 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
ofprivate 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 ofthe legal
framework.

THANK YOU