Mr.

AZIM PREMJI

THE INDIAN ENTRPRENUER BEHIND THE

CONGLOMERATE

Ajay Singh
IIT Delhi

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The Enterpreneur
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

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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

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.

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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 Indias biggest and most competitive
IT company based in Bangalore.

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vanaspathi
manufacturing company

Wipro Products Ltd

Wipro Technologies

IT Sector

Wipro corporation

3/5

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Products/services
vanaspathi
manufacturing

Socials
(Education)

6
manufacturing
computer
hardware,
software
development and
related items.

4
Wipro Fluid
Power
business unit

light bulbs
with General
Electric
products

3
other consumer
products like soaps,
baby care products,
shampoos, powder
etc

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A large percentage of the companys 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
s
Premjis
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

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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
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

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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

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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 Ministers Advisory Committee for
Information Technology in India.

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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 ministers Advisory committee
for information-technology in India.
"Global Vision" award by US-India Business Council .

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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 .

Other Honours

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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"

 Premji As a philanthropist
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.

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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.

 Premjis 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 /