azim premji foundation

8/2/2019 Azim Premji Foundation

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AZIM PREMJIFOUNDATION


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Azim Premji Chairman, WiproAzim Premji has led Wipro since 1966.WiproLimited is today a $5 billion revenue IT, BPO

and R&D Services organization with presencein over 50 countries.

WIPRO


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Indian engineer and businessman

Chairman of Wipro

Transformed from vegetable oilcompany to leading IT services

Richest person in the country from1999 to 2005 (Forbes)

The entrepreneur


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About the Person (biodata)

Born July 24, 1945 Bombay

Occupation Chairman of Wipro

Achievement Padma Bhushan in 2005

Spouse Yasmeen Premji

Children Rishad & Tariq

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

Early life


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Azim Hasham Premji's Value-Based Leadership

In July 2007, Business Week nominated Azim HashamPremji (Premji), the Chairman of Wipro, as one of thetop 30 all time great entrepreneurs in the world. Thecase discusses the leadership qualities of Premji. Underhis leadership, Wipro, a small vegetable oil company in

the mid-1960s, was transformed into one of the leadingIT services company by the early 2000s. Premji hadestablished a strong value system in Wipro and believedthat values not only helped in achieving success but alsomade that success more enduring and lasting. The casediscusses in detail about the few leadership initiatives

taken up in Wipro in order to develop leaders within theorganization.


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qValue-oriented person.

Down-to-earth personality.

High on action.

Believes in professionalism.

Prefers solitude to the spotlight

PERSONALITY TRAITS

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 worlds fastest growingcompanies

The turn around


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AZIM PREMJIS LIFE-AT A GLANCE

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Born in the year of 1945 in Bombay.Bhora muslim by religion.He has completed his electronic engineering fromStanford University, USA.

AS A BUSINESS PERSONALITY HIS JOURNEY

TOWARDS SUCESS

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


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About the person

Azim Hashim Premji was studying Electrical Engineering fromStanford University, USA when due to the sudden demise of hisfather, he was called upon to handle the family business. AzimPremji took over the reins of family business in 1966 at the ageof 21.

At the first annual general meeting of the company attended by

Azeem Premji, a shareholder doubted Premji's ability to handlebusiness at such a young age and publicly advised him to sell hisshareholding and give it to a more mature management. Thisspurred Azim Premji and made him all the more determined tomake Wipro a success story. And the rest is history.

When Azim Premji occupied the hot seat, Wipro dealt in

hydrogenated cooking fats and later diversified to bakery fats,ethnic ingredient based toiletries, hair care soaps, babytoiletries, lighting products and hydraulic cylinders. ThereafterPremji made a focused shift from soaps to software.


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Message to all wiproite

Lesson #1: Be careful to ask what you

want. You may get it.

Lesson # 2: Respond, dont react

Lesson # 3: Intuitions are important formaking decisions

Lesson # 4: Learn to work in teams

Lesson #5: Never lose your zest and curiosity

Lesson # 6: Put yourself first

Lesson # 7: Have a broader social vision

Lesson # 8: Play to win


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unceasing quest for excellence

Azim Premji's secrets for success

He's the seventh richest Indian and the 60th richestman in the world. In fact, from 1999-2005, Forbes hasrated him as the richest person in India.

He transformed a company that sold vegetable oil into

one of the world's most recognized softwarecompanies.

Humble by nature, 63-year-old Premji prefers to flyeconomy class and is happiest when hiking, reading ordiscussing the foundation he has set up to promote

primary education.


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HISTORY

Wipro started as a vegetable oil company in 1947 from an old mill foundedby Azim Premji's father. When his father died in 1966, Azim, a graduatein Electrical Engineering from Stanford University, took on the leadershipof the company at the age 21. He repositioned it and transformed Wipro(Western India Vegetable Products Ltd) into a consumer goods companythat produced cooking oils/fat company, laundry soap, wax and tin

containers. At that time, it was valued at $2 million.In 1977, when IBM was asked to leave India, Wipro entered theinformation technology sector. In 1979, Wipro began developing its owncomputers and in 1981, started selling the finished product. This was thefirst in a string of products that would make Wipro one of India's first

computer makers.. In 1980 Wipro moved in software development andstarted developing customized software packages for their hardwarecustomers. This expanded their IT business.

WIPRO
http://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/Stanford_University


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About Wipro

TypePublicBSE: 507685NYSE: WIT

Industry IT Services

Founded 1945

Founder(s) M. H. Premji

Headquarters Bangalore, Karnataka India

Key people

Azim Premji (Chairman)

Girish Paranjpye (joint CEO)Suresh Vaswani (joint CEO)SA Sudarshan

Services

IT ConsultingBusiness Process OutsourcingProduct Engineering SolutionsTechnology Infrastructure Services

Revenue US$ 4.98 billion (2009)

Net income US$ 0.82 billion (2009)

Total assets US$ 5.38 billion (2009)

Employees 98,391 (As on 27 October, 2009)

Website Wipro.com


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We are the first company in India to adopt the Six Sigma TQMmethodology for continuous improvement and eliminate

defect and cycle time reductionOur Six Sigma program spreads right across verticals and

impacts multiple areas such as project management, marketdevelopment and resource utilization

We have over 3350 employees trained in Six Sigma with 120

certified black beltsWe have 500 ongoing Six Sigma projects and the expected

financial return is 10% of PBT

* Key highlights of Wipros SixSigma program

WIPRO


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PCMM- People Capability Maturity ModelFocus on contineous improving managementDevelopment of human assets

SEI CMM-Capability Maturity Modelmaturity of capapibility of certain businessprocessISO 9001quality ininfrastructure,manufac.,processcompliance,logistic&warehousing&communication.

WIPRO


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Wipro infotech was Indias first company to launchenvironment friendly computers on 14 June 2007. For Indianmarket wipro has launched a new range of desktops andlaptops called wipro greenware.

Wipro Greenware

RoHS Compliant (Restriction of Hazardous Substances)

Energy star certification

Energy Conservation mechanism in electronic components

Compliant with environment & safety standards and statutoryregulations

Recyclable & degradable packing materials

MPR II certified radiation free monitors

Part of Quick Start Guide shipped with all systems from factory

WEEE Waste from Electrical and Electronic Equipment

*Wipro Green Machine (InIndia a only)

WIPRO


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*AT THE CENTER OF YOUR VISION HAS TO BE THE CUSTOMERHIS/HER CHANGING EXPECTATION AND WANT

AZIM H.PREMJI

*AREA OF IMPLEMENTATION

* IMPLEMENT END TO END CRM SOLUTION

* SAP CRM

* IT HAS COLLBORATION WITH SFDC

*GOT 4.5 CSR OUT OF 5

* IT HAS BEEN AWARDED WITH SAP Pinnacle Award-SAPPHIRE2007

*USE OF SAP,ORACLE,SIEBEL

4/17/12WIPRO

*CRM PRACTICES

azim premji foundation

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