Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

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?

Asked by Good Citizen, 28 Jul '10 04:15 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (2)

 
1.

It was not an authorative decsion of Mr. Narayan Murthy alone. Infact, he himself set the groundwork for the succession plan in 2002 when he stepped down as the CEO of Infosys at an early age of 56 when he could have continued as the unquestioned monarch of the company for another say 9 years atleast.

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
Answered by Omega, 29 Jul '10 01:07 pm

 
  
Report abuse
Useful
 (3)
Not Useful
 (0)
Your vote on this answer has already been received
2.

1)Nope. Rather, it is a good succession planning which is more fair, transparent and free from speculation at the last moment. This has been practiced by highly professional business entities as well as by others worldwide. You could see such succession planning even among royal families in the Middle East as well as in U.K. so that the transfer of power takes place smoothly. Compare this to the chaotic situation that we learn in the Indian history books whether it were Moguls or Hindu Kings / Queens. The scenario has not changed much even among today s family owned business entities in India. Example: Bajaj, Reliance etc.
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
Answered by Tony Fernandez, 28 Jul '10 05:48 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

CEO. Subhasis Ray Consultant, Projects and Strategy. Krishnendu Pal popularly known as KRIS..more

Answered by PARTHA PATHAK