Narayan Murthy announced that Shibu Lal will succeed Kish Gopalakrishnan (who has another 1 years service left) as the next CEO of Infosys. As the Chief Mentor of this company is it right on his part to make such a premature announcement? Will it not vitiate the professional culture of any organization? Your views?
It was a consensus succession plan that got put into motion in 2002 when he left as CEO that, each one of them who were the founder members of the organisation would head it at some stage or other. Murthy was succeeded by Nandan Nilekani at a young age of 47, to relinquish the post of CEO at 52 to be Co-Chairman till 2009 when he took over the Govt's UIA. He was succeeded by Kris Gopalakrishnan who would now relinquish his post, once again at an early age of 55 next year. He will be giving way to the last of the team of founders of Infosys. Infact, the founding members of Infosys are a team that left Patni Computers when they had a dispute with one of the Patni brothers. Call it coinc ...more
2)Moreover, it gives an opportunity for the successor to learn the management skills during this intervening period so that the functioning of the organization does not falter because of the assumption of power by the new comer.
3)In fact, in such companies, an element of surprise or shock does not exist as every aspect is well defined including that of the CEO. ...more