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Mr. AZIM PREMJI




THE INDIAN ENTRPRENUER BEHIND THE
CONGLOMERATE




                                    • Ajay Singh
                                       IIT Delhi
• The Enterpreneur                              1/ 2

Born             24 july 1945

Residence        Banglore , India

Nationality      Indian

Ethnicity        Kutchi

Education        Stanford University

Occupation       Chairman of Wipro

Net Worth        US $ 15.9 billion



                                       Azim Hashim Premji
2/2
 Transformed from vegetable oil
    company to leading IT services.

 An Indian business tycoon and
  philanthropist.
 Richest person in the country
   From 1999 to 2005 (Forbes) .


 Third richest Indian (currently) .
 Left out his engineering in CS in 1966
  and completed in 1999 in EE .
• Personality
  traits
 • Value-oriented person.

 • Down-to-earth personality.

 • High on action.

 • Believes in professionalism.

 • Prefers solitude to the spotlight

 • Always believes in work.
•    Early life
    • Initial education St. Mary's School, Mumbai

    •Left Engineering from Stanford University, California
     (because of sudden death of his father )

    •Took family business of hydrogenated cooking
     fats & diversified .
• As a business personality his journey
  towards success

   • He had took over the reign of his family run business at
     the young age of 21 in 1986.

   • The biggest hurdle was to win the confidence of the
     shareholders.

   • Diversification of family run business into a large empire.

   • From vegetables oil business to one of the largest IT
     service provider and software behemoth “Wipro” .
• The Journey of Wipro                                      1/5
 • Initially Amalner-based “ vanaspathi manufacturing ”
   company

 • The Company began manufacturing light bulbs with
   General Electric

 • consumer products including soaps, baby care products,
   shampoos, powder etc.

 • In 1975, Wipro Fluid Power business unit manufacturing
   hydraulic cylinders and truck tippers was started.
2/5
THE TURN

1980s Wipro entered the IT field, taking advantage of the
expulsion of IBM from the Indian market in 1975 . Thus,
Wipro became involved in manufacturing computer
hardware, software development and related items, under
a special license from Sentinel.

NOW
Wipro has grown up as India’s biggest and most competitive
IT company based in Bangalore.
vanaspathi         3/5
manufacturing company



  Wipro Products Ltd



  Wipro Technologies




      IT Sector




   Wipro corporation
Products/services                              4/5
              Socials                           vanaspathi
           (Education)                         manufacturing
                           6               1
manufacturing                                              light bulbs
computer                                                   with General
hardware,         5                                   2    Electric
software                                                   products
development and
related items.

                               4           3
           Wipro Fluid                         other consumer
           Power                               products like soaps,
           business unit                       baby care products,
                                               shampoos, powder
                                               etc
5/5


• A large percentage of the company’s revenues are generated
  by the IT division.

• Wipro works with leading global companies, such as
  Alcatel, Nokia, Cisco and Nortel and has a joint venture in
  Medical Systems with General Electric company.

• Net earning of wipro is US$ 15.9billion (2012).
Premji’
                                                                  1/ 2
                    Premji’s
                        s
                     Secret
                     story
                       Of
                      of
                     succes
                    success
                        s


Premji is an absolute workaholic and according to him work

is the only way to success and survival in a competitive

environment. Premji strongly believes that ordinary people

are capable of extraordinary things and that the key to this is

creating highly charged teams. And some other points of his
2/2
Secret of his success are :

• determination and perseverance, when coupled
    With knowledge

• clear vision and proper planning


•   enable one to reach the peak of success and leadership.

•   looking forward for applying thoughts .
• Style of Entrepreneurship                  1/
                                                          2
 Leadership about ‘enabling others’ and applied to all
    walks from family to corporation

 Built Wipro as a ‘family owned’ company


 Grow outside’ approach where senior executives quit
    to become Entrepreneurs

 Never believed in the media & never accessible for
     media personnel

    Strong value system for making success more
2/ 2
Entrepreneurial qualities

   commitment and determination
   leadership
   opportunity obsession
   tolerance of risk
   creativity
   ability to use failure experience as a way of learning
   self-reliance and ability to adapt
   motivation to excel.
• Honours and awards                                      1/ 4
 • Richest person in the country from 1999 to 2005 by
   Forbes.

 •    Asia week magazine voted him among the 20 most
      powerful men in the world in 2000.

 • Business man of the year 2000 by Business India.


 • In 2000, Honorary Fellowship by Institute of Electronics
     and Telecommunication Engineers.

 • member of the Prime Minister’s Advisory Committee for
     Information Technology in India.
2/4
• Featured among the 100 most influential people in the world
  by Times magazine in 2004.

• Awarded Padma Bhushan in 2005 by Govt. of India.


• In 2006, “ Lakshya Business Visionary ” by National
  Institute of Industrial Engineering, Mumbai.

• Member of the Prime minister’s Advisory committee
  for information-technology in India.

• "Global Vision" award by US-India Business Council .
3/4
• In 2007, Featured in the business week all-time top 30
    entrepreneurs of the world.

• Conferred ‘Doctorate ’ by Wesleyan University USA ,
    IIT Roorkee, Manipal Academy of Higher Education,
    Aligarh University and Visveswaraya Technological
    University.
.
• Awarded Padma Vibhushan by the Indian Gov. in 2011.


• non-executive Director on the Board of the RBI .
4/4
Other Honours
• The "Legion of Honour" in 2011 by the Republic of France .

• first Indian recipient of the Faraday Medal (In 2005).

• XLRI, Jamshedpur has conferred the Sir Jehangir Ghandy

  Medal for Industrial and Social Peace.

• Membership of the Indo-UK and the Indo-France CEO's forum.

• His Foundation was recognized as the Corporate Citizen of the

  year by the Economic Times.
• Impact of entrepreneurial - thoughts
 The journal Foreign Policy listed him as one of the “ top
  global thinkers” in November 2011 .

 Forbes (March 2003) listed him as one of ten people globally ,
  who have the most "power to effect change".

 Business Week (October 2003) featured him on their cover with
  the sobri sobriquet "India's Tech King" .

 Financial Times listed him in the global 25 people who are
  "dramatically reshaping the way people live, work or think"
1/
• Premji As a philanthropist                                       2

  • In 2001, Premji established the Azim Premji Foundation,
    a not-for-profit organization with a Vision of significantly
    contributing to quality primary education for every child.

  • The Foundation has reached out to over 2.5 million
    children in more than 20,000 schools across India.

  • 2006, the Foundation was recognized as ‘the Corporate
    Citizen of the year’ by the Economic Times.
2/
                                                                2
• Established University and multiple field level institution
   to improve education and research.

• In December 2010, Premji pledged to donate $2 billion for
  improving school education in India through his foundation.

• Azim Premji also established the Wipro Equity Reward Trust
  to all wiproite.
• Premji’s view : message for us

  “ If people are not laughing at your
                           goals, yours goals are too small” .

“We have an absolutely unique opportunity today

   but it comes with the Set of challenges. The first

      big challenge comprises ecological sustainability

         And tackling climate change. The second is that

              of reducing poverty and inequality In the world ”.
It was a real pleasure to understand the person
        and the contribution that he has
                 made for India
Reference links :
 http://en.wikipedia.org/wiki/Azim_Premji
 http://www.iloveindia.com/indian-heroes/azim-premji.html
 http://articles.economictimes.indiatimes.com/keyword/azim-premji
 http://azimpremjifoundation.org/State_and_District_Institutes
 http://www.scribd.com/doc/25153929/OB-Azim-Premji-Presentation
 http://www.authorstream.com/Presentation/marvelpat-36494
 8-azim-premji-pratik-negi-celebrities-ppt-powerpoint /
The Indian Entrepreneur Behind the IT Conglomerate Wipro

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The Indian Entrepreneur Behind the IT Conglomerate Wipro

  • 1. Mr. AZIM PREMJI THE INDIAN ENTRPRENUER BEHIND THE CONGLOMERATE • Ajay Singh IIT Delhi
  • 2. • The Enterpreneur 1/ 2 Born 24 july 1945 Residence Banglore , India Nationality Indian Ethnicity Kutchi Education Stanford University Occupation Chairman of Wipro Net Worth US $ 15.9 billion Azim Hashim Premji
  • 3. 2/2  Transformed from vegetable oil company to leading IT services.  An Indian business tycoon and philanthropist.  Richest person in the country From 1999 to 2005 (Forbes) .  Third richest Indian (currently) .  Left out his engineering in CS in 1966 and completed in 1999 in EE .
  • 4. • Personality traits • Value-oriented person. • Down-to-earth personality. • High on action. • Believes in professionalism. • Prefers solitude to the spotlight • Always believes in work.
  • 5. Early life • Initial education St. Mary's School, Mumbai •Left Engineering from Stanford University, California (because of sudden death of his father ) •Took family business of hydrogenated cooking fats & diversified .
  • 6. • As a business personality his journey towards success • He had took over the reign of his family run business at the young age of 21 in 1986. • The biggest hurdle was to win the confidence of the shareholders. • Diversification of family run business into a large empire. • From vegetables oil business to one of the largest IT service provider and software behemoth “Wipro” .
  • 7. • The Journey of Wipro 1/5 • Initially Amalner-based “ vanaspathi manufacturing ” company • The Company began manufacturing light bulbs with General Electric • consumer products including soaps, baby care products, shampoos, powder etc. • In 1975, Wipro Fluid Power business unit manufacturing hydraulic cylinders and truck tippers was started.
  • 8. 2/5 THE TURN 1980s Wipro entered the IT field, taking advantage of the expulsion of IBM from the Indian market in 1975 . Thus, Wipro became involved in manufacturing computer hardware, software development and related items, under a special license from Sentinel. NOW Wipro has grown up as India’s biggest and most competitive IT company based in Bangalore.
  • 9. vanaspathi 3/5 manufacturing company Wipro Products Ltd Wipro Technologies IT Sector Wipro corporation
  • 10. Products/services 4/5 Socials vanaspathi (Education) manufacturing 6 1 manufacturing light bulbs computer with General hardware, 5 2 Electric software products development and related items. 4 3 Wipro Fluid other consumer Power products like soaps, business unit baby care products, shampoos, powder etc
  • 11. 5/5 • A large percentage of the company’s revenues are generated by the IT division. • Wipro works with leading global companies, such as Alcatel, Nokia, Cisco and Nortel and has a joint venture in Medical Systems with General Electric company. • Net earning of wipro is US$ 15.9billion (2012).
  • 12. Premji’ 1/ 2 Premji’s s Secret story Of of succes success s Premji is an absolute workaholic and according to him work is the only way to success and survival in a competitive environment. Premji strongly believes that ordinary people are capable of extraordinary things and that the key to this is creating highly charged teams. And some other points of his
  • 13. 2/2 Secret of his success are : • determination and perseverance, when coupled With knowledge • clear vision and proper planning • enable one to reach the peak of success and leadership. • looking forward for applying thoughts .
  • 14. • Style of Entrepreneurship 1/ 2  Leadership about ‘enabling others’ and applied to all walks from family to corporation  Built Wipro as a ‘family owned’ company  Grow outside’ approach where senior executives quit to become Entrepreneurs  Never believed in the media & never accessible for media personnel  Strong value system for making success more
  • 15. 2/ 2 Entrepreneurial qualities  commitment and determination  leadership  opportunity obsession  tolerance of risk  creativity  ability to use failure experience as a way of learning  self-reliance and ability to adapt  motivation to excel.
  • 16. • Honours and awards 1/ 4 • Richest person in the country from 1999 to 2005 by Forbes. • Asia week magazine voted him among the 20 most powerful men in the world in 2000. • Business man of the year 2000 by Business India. • In 2000, Honorary Fellowship by Institute of Electronics and Telecommunication Engineers. • member of the Prime Minister’s Advisory Committee for Information Technology in India.
  • 17. 2/4 • Featured among the 100 most influential people in the world by Times magazine in 2004. • Awarded Padma Bhushan in 2005 by Govt. of India. • In 2006, “ Lakshya Business Visionary ” by National Institute of Industrial Engineering, Mumbai. • Member of the Prime minister’s Advisory committee for information-technology in India. • "Global Vision" award by US-India Business Council .
  • 18. 3/4 • In 2007, Featured in the business week all-time top 30 entrepreneurs of the world. • Conferred ‘Doctorate ’ by Wesleyan University USA , IIT Roorkee, Manipal Academy of Higher Education, Aligarh University and Visveswaraya Technological University. . • Awarded Padma Vibhushan by the Indian Gov. in 2011. • non-executive Director on the Board of the RBI .
  • 19. 4/4 Other Honours • The "Legion of Honour" in 2011 by the Republic of France . • first Indian recipient of the Faraday Medal (In 2005). • XLRI, Jamshedpur has conferred the Sir Jehangir Ghandy Medal for Industrial and Social Peace. • Membership of the Indo-UK and the Indo-France CEO's forum. • His Foundation was recognized as the Corporate Citizen of the year by the Economic Times.
  • 20. • Impact of entrepreneurial - thoughts  The journal Foreign Policy listed him as one of the “ top global thinkers” in November 2011 .  Forbes (March 2003) listed him as one of ten people globally , who have the most "power to effect change".  Business Week (October 2003) featured him on their cover with the sobri sobriquet "India's Tech King" .  Financial Times listed him in the global 25 people who are "dramatically reshaping the way people live, work or think"
  • 21. 1/ • Premji As a philanthropist 2 • In 2001, Premji established the Azim Premji Foundation, a not-for-profit organization with a Vision of significantly contributing to quality primary education for every child. • The Foundation has reached out to over 2.5 million children in more than 20,000 schools across India. • 2006, the Foundation was recognized as ‘the Corporate Citizen of the year’ by the Economic Times.
  • 22. 2/ 2 • Established University and multiple field level institution to improve education and research. • In December 2010, Premji pledged to donate $2 billion for improving school education in India through his foundation. • Azim Premji also established the Wipro Equity Reward Trust to all wiproite.
  • 23. • Premji’s view : message for us “ If people are not laughing at your goals, yours goals are too small” . “We have an absolutely unique opportunity today but it comes with the Set of challenges. The first big challenge comprises ecological sustainability And tackling climate change. The second is that of reducing poverty and inequality In the world ”.
  • 24. It was a real pleasure to understand the person and the contribution that he has made for India
  • 25. Reference links : http://en.wikipedia.org/wiki/Azim_Premji http://www.iloveindia.com/indian-heroes/azim-premji.html http://articles.economictimes.indiatimes.com/keyword/azim-premji http://azimpremjifoundation.org/State_and_District_Institutes http://www.scribd.com/doc/25153929/OB-Azim-Premji-Presentation http://www.authorstream.com/Presentation/marvelpat-36494 8-azim-premji-pratik-negi-celebrities-ppt-powerpoint /