Fast pace of innovation essential for success: Narayana Murthy

IT major Infosys co-founder NR Narayana Murthy called on the graduates to focus on becoming able managers with crucial attributes such as leadership by example.

business Updated: Nov 18, 2017 23:52 IST
Indo Asian News Service
Indo Asian News Service
Indo Asian News Service, New Delhi
Narayana Murthy,Infosys,Globalisation
File photo of Infosys co-founder NR Narayana Murthy.(LiveMint)

IT major Infosys co-founder NR Narayana Murthy on Saturday said globalisation has created an extremely competitive environment where faster pace of innovation is a critical to success.

The Padma Vibhushan awardee was speaking at the SRM University’s 13th Convocation at the Kattankulathur Campus where he was the chief guest.

“The implications of globalisation are that corporations are facing extreme competition; the pace of innovation is faster today; you have to quickly develop your ideas and innovate faster than your competitors,” he said.

Further, Narayana Murthy called on the graduates to focus on becoming able managers with crucial attributes such as leadership by example.

“You have to be open to new ideas and be willing to learn new ideas and unlearn outdated ideas. You have to learn new cultures and paradigms. Age is not a factor for learning. Learn to question. The hierarchy of ideas is more important, not of men and women,” Narayana Murthy remarked.

First Published: Nov 18, 2017 18:46 IST