The entrepreneur
Indian engineer and businessman Chairman of Wipro Transformed from vegetable oil company to leading IT services Richest person in the country from 1999 to 2005 (Forbes)
Initial education St. Mary's School, Mumbai Left E.E from Stanford University, California (fathers death - 1966) Took family business of hydrogenated cooking fats & diversified
Azim Hasham Premji's Value-Based Leadership In July 2007, Business Week nominated Azim Hasham Premji (Premji), the Chairman of Wipro, as one of the top 30 all time great entrepreneurs in the world. The case discusses the leadership qualities of Premji. Under his leadership, Wipro, a small vegetable oil company in the mid-1960s, was transformed into one of the leading IT services company by the early 2000s. Premji had established a strong value system in Wipro and believed that values not only helped in achieving success but also made that success more enduring and lasting. The case discusses in detail about the few leadership initiatives taken up in Wipro in order to develop leaders within the organization.
The turn around Took over Wipro at 21 years of age & transformed from soap to software Ambitious phase of expansion and diversification. known for modesty and frugality in spite of his wealth Greatest Entrepreneurs for Wipro emerging as companies PERSONALITY TRAITS Value-oriented person. Down-to-earth personality. High on action. Believes in professionalism. Prefers solitude to the spotlight worlds fastest growing
AS A BUSINESS PERSONALITY HIS JOURNEY TOWARDS SUCESS 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.
About Wipro
Wipro Limited, through its subsidiaries, provides IT services worldwide. It offers software solutions, IT consulting, business process outsourcing services, and research and development services in the areas of hardware and software design. The company operates in three segments: Global IT Services and Products, India and Asia Pac IT Services and Products, and Consumer Care and Lighting. The Global IT Services and Products segment provides IT services to customers in the Americas, Europe, and Japan. The India and Asia Pac IT Services and Products segment operates in the Indian IT market and offers IT products and services to the companies in India, Asia-Pacific, and the
Middle East region. Consumer Care and Lighting segment engages in the manufacture and sale of consumer care and lighting products. The consumer care products include soaps and toiletries, baby products, talcum powders, and hydrogenated cooking oils. The lighting products include light bulbs, fluorescent tubes, and luminaries. Wipro Limited was founded in 1945.The company is headquartered in Bangalore, India.
About Wipro
Public BSE: 507685 NYSE: WIT IT Services 1945 M. H. Premji Bangalore, Karnataka India Azim Premji (Chairman) Girish Paranjpye (joint CEO) Suresh Vaswani (joint CEO) SA Sudarshan IT Consulting Business Process Outsourcing Product Engineering Solutions Technology Infrastructure Services US$ 4.98 billion (2009) US$ 0.82 billion (2009) US$ 5.38 billion (2009) 98,391 (As on 27 October, 2009) Wipro.com
Services
Style of Entrepreneurship
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 enduring and lasting.
It was a real pleasure to understand the person and the contribution that he has made for India