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My favourite personality
BY Ranjan Sandeep fpb0709/111
Azim Premji
Early life
Mr Premji was born in July 24, 1945 He did his schooling at
St. Mary's School I.C.S.E. at Mazagaon Premji was just finishing his undergraduate
engineering studies at Stanford University in 1966 when his father passed away.
Early life
He had to come back to India to handle the family's fledgling vegetable oil business.
Premji started off with a simple vision: to build an organization on a foundation of Values. Premji eventually sought — and received — permission to study arts courses by correspondence to complete the requirements for his bachelor’s degree in Electrical Engineering.
Family
Wife: Yasmeen Premji
Sons: Rishad Premji married to Aditi Premji; Tariq Premji
Rishad premji –son of Azim premji As part of his degree he spent a year at
London Stock Exchange. He was selected for General Electric’s
Financial Management Programme in 1999 and worked for four years.
In 2005 he joined Bain & Company’s London office.
Wipro
"Applying Thought”
About wipro
It is headquartered in Bangalore and is the third largest IT services company in India.
It has 68,000 employees as of April 2007, including its business process outsourcing (BPO) arm which it acquired in 2002.
About wipro
Wipro was set up in Amalner, Maharashtra in 1945.
Primarily an edible oil factory company was called Western India Vegetable
Products 1975, Wipro marketed India's first
homegrown PC.
About wipro
: Western India Products Limited is incorporated 1947: An oil mill and hydrogenated cooking medium plant set up 1966: Azim Premji takes over leadership of Wipro at age 21 1975: Wipro Fluid Power is set up to manufacture hydraulic and pneumatic
cylinders 1977: Company is renamed to Wipro Products Limited 1980: Information technology services for domestic market started 1981: Hardware company is launched 1982: Company is renamed to Wipro Limited 1984: Software products subsidiary Wipro Systems Ltd. is established 1985: Toilet soaps manufacture begins 1988: Wipro BioMed is launched. It is a new business unit to market and service
bio-analytical and diagnostic instruments 1989: Joint venture with GE for medical systems, Wipro GE Medical Systems
Ltd 1990: Product software business discontinued; software services begin 1992: Lighting business and finance arm is established
About wipro
1992: Lighting business and finance arm is established 1994: Merger of subsidiaries Wipro Technologies Ltd. and Wipro Systems Ltd. with Wipro Ltd. 1998: Wipro identity is relaunched with rainbow flower and positioning statement, "Applying
Thought" 1999: Brand makeover, with sunflower logo and the tag line "Applying Thought" 1999: Wipro Net is set up by restructuring Wipro Ltd.'s communication services business to address the
Internet market 2000: Wipro Ltd.'s American depositary receipts are listed on New York Stock Exchange 2000: Six Sigma initiative begun 2001: Wipro receives a $70 million SI order, the largest ever till overtaken by TCS 2002: Acquires Raman Roy's Spectramind for US$ 175 million to get into BPO industry 2005: Becomes a $2 billion company 2006: Becomes the world's largest R&D service provider 2006: Acquires Saraware, a wireless R&D service provider from Finland 2006: Acquires Quantech, a mechanical engineering design provider 2006: Joint venture company WMNetServ with Motorola 2006: Net profit for July, August and September rises 48% to $152m (£81m) 2007: Revenues reach $3.5billion 2007: Becomes SOX Compliant. 2007: Wipro-Biomed Division sold to Ranbaxy Fine Chemicals 2007: Wipro opens development center in Monterrey, Mexico 2007: Signs agreement for acquiring Infocrossing.
Quotes
“The early years were more about learning than about acting. I had to carry on my father’s work, which was a big challenge.”
“I want Wipro to be among the top ten IT companies in the world.”
Quotes
“As you get bigger, you have to learn to delegate. It’s also an excellent way to get staff involved in the company’s operations.”
His role model
'J R D Tata has been an icon for me' Azim Premji, Chairman of Wipro
Corporation delivered the JRD Tata Memorial Lecture at the Association Chambers of Commerce and Industry in New Delhi on August 30, 2005.
My role model’s role model
Awards and Accolades
In 2000, he was conferred an honorary doctorate by the Manipal Academy of Higher Education.
He was also adjudged the Business Man of the Year 2000 by Business India.
He is featured in the Business Weeks all-time top 30 entrepreneurs of the world in 2007
Awards and Accolades
Times Magazine, rated him among the 100 most influential people in the world by Time magazine. He is also the richest Indian for the past several years
2005,Government of India honored Azim Premji with Padma Bhushan.
He is featured in the Business Weeks all-time top 30 entrepreneurs of the world in 2007
Awards and Accolades
He is a member of the Prime Minister's Advisory Committee for Information Technology in India.
Azim Premji was among the 50 richest people in the world from 2001 to 2003 listed by Forbes.
Mission : possible
Azim Premji Foundation
Azim premji’s foundation:CSR Azim Premji Foundation says it "dedicates
itself to the cause of Universalization of Elementary Education in India".
Azim premji’s foundation
"Aims at making a tangible impact on identified social issues by working in active partnership with the Government and other related sections of the society".
CSR : Corporate social responsibilty
Mission spreading across
Up coming titles –for education There are now 68 titles in Karnataka, 42 for
Andhra Pradesh, 35 for Tamil Nadu and Pondicherry, 18 for Urdu medium schools, six for Orissa, 14 for Gujarat, 3 for Punjab and 1 for Kerala.
The great man’s thumb rules :can we? • Have the courage to think big.
• Never compromise on fundamental values, no matter what the situation.• Build up self-confidence, always look ahead.• Always have the best around you, even if they are better than you are.• Have an obsessive commitment to quality.• Play to win.• Leave the rest to the force beyond.
Wipro in harmony by “applying thoughts”
Thank you..
