Tuesday 23 July 2013

ON THE RIGHT TRACK…


“An individual development plan can ensure that you don’t lose your way”


           A lot of us move forward with a baby or an absolutely no idea regarding our professional or personal life and in worst cases, continue without any planning.

                In our careers, some of us mindlessly climb the corporate ladder till we run out of rungs or reach a rung that we cannot climb over. That is the time we stop to check the wall the ladder is leaning on  and ask ourselves- is this what I wanted?  Am I right now who I want to be, and am I doing what I’ve always dreamt of doing? If our ladder of success is not leaning against the right wall, every step we take gets us to the wrong place faster.


                As humans we are endowed with great imagination and the ability to foresee what we cannot at present see with our eyes. If we do not make a conscious effort to evaluate: who we are?? and what we want in our life??, then we lose this power to others and become victim to circumstances that shape us and our careers by default. To begin with the future thought in minds gives us clarity to begin each day or task with clear vision of the desired direction and destination and then continue to flex our muscles to make the things happen. One of the best ways to tune this into one’s life is to develop a personal mission statement that focuses on what an individual aspires to be in his her life and provides you with a sense of purpose to achieve that goal. It reaffirms who you are, and provides you clarity to plan for your success. Your mission statements make you the leader of your own life. You create your own destiny and secure the future you’ve envisioned.
                Appraisal times are followed by numerous rounds of ratings, feedbacks development plans, etc that give impetuous to plan your professional growth. Resolutions are made at the start of the plan; some followed some forgotten. It is in your hands to make this cycle different. Build a vision of who you truly want to be in the future, and chart ways to achieve those goals in life. Keep a track of the milestone, and create your own “Individual Development Plan” (IDP), keeping in mind the timeliness to achieve your ultimate goals. An “Individual Development Plan” is a learning plan that puts you in command of the situation and sets you in the direction of your true worth.

Evaluate yourself on the basis of some questions:

What are those skills and capabilities that will help me reach my ultimate destination??
What are some of the things that make me future ready??
Which book should I read??
What is the project I want to signup for?
Which training programs I need to build this goal??

Go ahead and make this cycle your own life. Do review this plan once you feel you are close to your goal, as you can accomplish a lot more than you think you can..

Thank you all for reading this article.


# Special Thanks to Mr. Arindam Lahiri , (HR, DLF Pramerica)

Tuesday 18 June 2013

N. R. NARAYANA MURTHY : The Living Legend - IT Maestro...



“The iconic founder of INFOSYS, the employee number four @ INFOSYS ,its numerouno in everyother way,Mr. N R  Narayana Murthy is that legend who has set the standards in business in India.”


>> NARAYANA @ GLANCE ….

 Originally named Nagavara Ramarao Narayana Murthy, better known as Narayana Murthy was born on 20th August’ 1946 in a Kannada Brahmin family to Sri R H Kulkarni and Vimala Kulkarni at Mysore,located in the Indian state of Karnataka. He came from a poor but educated family. His father was a high school teacher and an avid reader of English Literature. He has been a very bright student from his childhood days.In his school days,he was very good in studies, especially in Physics and Mathematics.

He studied  Electrical Engineering from National Institute of Engineering, from University of Mysore(1967),  and Mtech. from Indian Institute of Technology, Kanpur(1969).

 In earlier days he worked with IIM-A , and Patni Computers-Pune. After gaining the knowledge over there Murthy along with 6 software professionals started INFOSYS in 1981 with initial investment of 10K (that too was invested by his wife Sudha Murthy), and thus laid the foundation of Golden Era of Indian Software Industry.

Young Murthy, a “Low Ego and High Energy Technocrat” spend 18 hours a day in office and had been away from home for 330 days a year. This hard work of Murthy made the name of Infosys in the NASDAQ 100 list (1993), and INFOSYS was the only Indian company to made its place in the list. He served Infosys as CEO form 1981 till 2002 and from 2002 to 2011 as Chairman, and anounced his retirement there by. 

With the increase in the competition in the Indin market, without Murthy, Infosys Could not do well, as Murthy is one of its kind….Murthy Made a Historic Comeback ( 1st June 2013) into the Infosys as Executive Chairman & Additional Director to the Company, as a saviour to his own founded Organization.

His comeback has inspired me to write about him, and I got the previlage to write about the living Corporate Legend of Indian Software industry.. J

“Infosys is inseparable part of me and I’m inseparable part of Infosys”
                                                                            -N R Narayana Murthy



>> Into…  Personal and Professional :


During high schools Murthy was an Bright Student and Good with Maths and Physics. After completing his school education he appeared for Indian Institute of Technology (IIT) entrance test and did very well [ALL INDIA RANK-17]. But due to the financial problem of his family [family income was 190rs/month] , he could not join IIT [ Fees & expenses 60rs/month]. Instead he joined NIE

After completion of his Mtech form IIT-K, Murthy started his career at IIM Ahmedabad as chief systems programmer.There he worked on India's first time-sharing computer system and designed and implemented a BASIC interpreter for Electronics Corporation of India Limited. He started a company named Softronics. When that company failed after about a year and a half, he joined Patni Computer Systems in Pune,and then France as well.

Before dabbling in entrepreneurship and starting his own company he decided to learn the nitty-gritty of management as before that he was just a technical person, therefore, he came back to India and learnt how companies are run and then decided to experiment. And laid the foundaiton of INFOSYS along-with 6 software professionals. In between that Murthy got Married. His wife, Sudha Murthy, is an Indian social worker and author. She does philanthropic work through the Infosys Foundation. He has two children, a son Rohan Murty and a daughter Akshata Murthy.

He started INFOSYS with patty borrowing Rs10000 from his wife and transformed it into $6 billion revenue company with market capitalization of $36 billion. The fouinding of INFOSYS had an impact across MNC’s in the IT-business, across geographies and indeed,for Banglore as a city.

For industry he reaised corporate governance standards to levels that were completely new to them. Murthy recognised early on that if he had to deal with global clients, he would have to create a company that had global standards intransparency and governance. The decision to list Infosys on Nasdaq in1999, and thereby accept the extracting standards laid down by global stock exchanges, was a semial moment in this journey. And in time it transformed the way Indian industry looked at governance.






“Sitting on a high stool at the NASDAQ headquaters in New York  in fornt of the scroching light of TV cameras, I borrowed the words of Neil Armstrong to tell the world how important it was for an Indian company to be listed on the NASDAQ.”
                                                                                         ~ N R NARAYANA MURTHY


 The IT outsourcing pioneer, together with indian peers like TCS and Wipro also forced global It MNC’s to use India as outsourcing Destination and copy global delivery model that the Indian company  has developed. This simultaneously changed percepitons about India among citizens around the world about India among citizens around the world. Thus India is seen today as a massive bank of intelligent engineering talent, often perceived as a threat to jobs overseas. It has raised the porofile of Banglore in particular to a level that has pushed even US President Barack Obama to frequently refer to the city as an intellectual challenge to United States.


Mr.  Murthy  articulated,  designed  and implemented the Global  Delivery Model which  has become the foundation for the huge success in IT services outsourcing from India. He has led key corporate governance initiatives in India

Now talking about his son Rohan Murthy, Ph.D. in Computer Science from Harvard University. NR Narayana murthy has very faith on him that Rohan would take INFOSYS to a next level in IT Business. Recently on 1st June 2013 Rohan Murthy joined INFOSYS as an executive assiatant to his father.


>> ViSION TOWARDS INDIA….

Narayana murthy belives that the Basis for India’s High-tech Industry, has been laid down by Pt. Nehru, who pioneered towards the formation of IIT’s in India.[Nehru truly believed that higher Education is Extremely important for the emancipation of the Country].  Murthy was very much inspired by the Nehru’s Idea of socialism, Nehru’s idea of Planning. Thus he suggeted that:


 “If you want to eradicate poverty, you don’t do it by redistribution of existing wealth. You have to create more wealth”


Murthy aimed to establish an organization that would provide job opportunities to his countrymen [Indians] , and simultaneously bring the money from across the worlds and he succeeded too…


“Posterity will not excuse you if you did not dream big. You owe it to your colleagues, your investors, and the society. Every great advance in scinece and technology, and every great company is built on a big dream”

                                                                                                ~N R NARAYANA MURTHY



>> Murthy the Achiever….

  • Mr. Murthy was listed as one among the “12 greatest entrepreneurs of our time” by the Fortune magazine in 2012.

  • The Economist ranked him among the ten most‐admired global business leaders in 2005.

  • He has been awarded the Padma Vibhushan by the Government of India, the Legion d’honneur by the Government of France, and the CBE by the British government.

  • He is the first Indian winner of Ernst and Young’s World Entrepreneur of the year award and the Max Schmidheiny Liberty prize.

  • He has appeared in the rankings of businessmen and innovators published by BusinessWeek, Time, CNN, Fortune, India Today, Business Standard, Forbes and Financial Times.

  •  He is a Fellow of the Indian National Academy of Engineering and a foreign member of the U.S. National Academy of Engineering.

  • He was awarded the 2012 Hoover Medal and the James C. Morgan Global Humanitarian Award 2012 by The Tech Museum, California. He received the 2007 Ernst Weber Medal from the Institute of Electrical and Electronics Engineers, Inc., USA (IEEE).
  • He has about 25  honorary doctorates from universities in India and abroad.


I would like to mention the recent speech of Narayana Murthy after joining the Infosys on 1st june 2013, Murthy quoted that he was very much inspired by Sachin Tendulkar, as Sachin Tendulkar played Cricket till age of 40, as the cricket is an fitness extensive Sport, then why cant he (Narayana Murthy) work at age of 62 indulge in a work which doesnt require that much of fitness. 



>> 30 LESSONS OF MURTHY….


1-Seize Your Gandhi Moment
Murthy, self announced socialist in mid ’70s was locked up for the 72 time in Location. The encounter trained him that business and job development is way to relieve hardship.

2-You might fail, but get started Learn from mistakes and move on
In Year 1976, Narayana Murthy established Softronics, an organization that survived a season and 50 percent. When he noticed that his first project was not getting off, he shifted on.

3- Think Big. Don’t Hesitate to Start Small
Almost 30 decades ago, an identified Murthy began Infosys with amount of Rs 10,000 and he obtained from his spouse. In few decades, Infosys company went on become biggest prosperity in the nation.

4-Cut Yourself a Slice, Not a Large One Always
When Infosys set up, CEO took pay cut and incomes of co-founders gott improved by 10 %. According to the Murthy, an innovator needs to demonstrate compromise and dedication.

5-Lend a Hand and Throw in a Foot Too
After Murthy had assured seven of co-workers, there was the issue. Nandan’s upcoming inlaws had not been sure about it. Narayana Murthy had met Nandan’s dad and assured him.

6-Own Up, and Then Clean Up
In decade of ’80s Infosys developed the application for the in german customer. Murthy noticed the single personality mistake and informed to consumer instantly.

7-Trust in God, But Verify with Data
In God you believe in, the relax must come along with information, is perhaps Murthy’s preferred declaration. When encountered with difficult choices, he tends on depend on information.

8-Keep the Faith
Infosys ended up in year 1990. CEO was not interested in offer the organization. He requested co-founders and they desired out and provided to buy all their stocks. All were ready to get trapped together.

9-Get Involved
Infosys had won the agreement from Reebok and that was in beginning ’90s. Seeing founder’s participation, application, was chip known as the ‘Dinesh, Murthy as well as Prahlad.’ Infy experts still remember those times.

10-Sharing is Caring
In this IPO, Infosys made decision to discuss a part of its value with workers. This assisted them maintain skills and provided workers a feeling of possession. Murthy is extremely pleased of given away shares value of Rs 51,000 crores to the workers.

11-Treat your People Good, but Your Best Better
Murthy had the  factor for excellent artists. And he compensated them as well. And When the company made decision to provide its workers share, Murthy was adament that some stocks should be granted to excellent artists through ‘Chairman’s allowance.’

12-Hire a Good Accountant, Even if he is Argumentative
A younger, Native indian had been asking many concerns at yearly typical system conference of company. More satisfied than annoyed, he employed Mohandas Pai, and who went for helping Infosys record on the NASDAQ.

 13-When in Doubt, Disclose
 Keep all your guides fresh and keep the food preparation to chief cook. Murthy’s viewpoint about being start and clear had given the organization lot of reliability. He says, “When doubtful, you need to disclose.”

 14-Leave the Family Out
 Murthy informed his spouse that only 1 of can be with the organization. Murthy as well as other creators said that kids of not any partner would perform for the company. This had remaining no space for the nepotism at the Infosys.

 15-Don’t be a Push over
In year 1994, when the General Power desired for re-negotiate prices, Murthy told no towards promoting solutions any less expensive. This assisted Infosys not be far too reliant on any 1 customer.

 16-Make hay while the Sun Shines
 In delayed 90′s, India’s technical organizations created use of Y2K probability to create known during international industry. For Infosys, this was great probability to start long-term connections with their clients.

 17-Brand-aid First, Get Clinical
 When sex-related pestering situation against Infosys’ top revenue guy named as Phaneesh Murthy confronted to tarnishing the business's product, Murthy created choice to easily respond. He let going of that individual, and resolved the situation out judge despite Phaneesh seeking to battle out.

 18-Mind you’re Business, you’ll see Things Coming
 Murthy provides and up-dates a psychological design of Infosys’ business all time. According him, every innovator must have design, created up of 6 to 7 factors that can impact the organization.

 19-Keep it Simple, Not Silly
 Keep lifestyle simple and directly. That way, and you can get to perform more and fear less. Murthy had been known to economical with cash. Despite being 1 of the wealthiest Indians, he brings an effective lifestyle. However, he had not cut sides on purchasing guides or cleaning up on the literary works.

 20-Founders Keepers, but Not Forever
 Murthy’s choice not allowing creators to follow the organization after age of the 65 and set another conventional for organizations was a good decision. This way new and younger management at organization had higher opportunity at top roles.

21-Talent Spotting and Division of Labour
Murthy has been known having eye for skills and skills for splitting labor. Nandan had been given revenue obligations while Kris as well as Shibu did technical things. S N Raghavan had been requested to deal with individuals and the Dinesh was allocated excellent.

 22-Hold on to Your People but don’t Cling

 Letting IT go has been never easy and it’s unhealthy to stick on your co-workers either. Amongst creators, Nandan Nilekani Ashok Arora, and the Dinesh K had stop Infosys. Infy expert Mohandas Pai had also remaining organization.

23-Give, it only gets you more

In year 2010, Murthy’s contributed $ 5.1 thousand USD to the Stanford School Media for venture that is designed to create India’s traditional lifestyle available for years to come. And He is promoter of Akshaya Patra Base.

 24-Do it first and do it Right
Infosys had done several things first. For example, this was first Native indian organization to record on NASDAQ. This was first Native indian organization to create to Market 100 record and this was first Native indian organization to obtain the excellent qualifications.

 25-Perils of Being a Poster Child
 Being poster kid of Native indian industry IT, organization Infosys as well as Murthy has been at on the getting end of various criticisms. The organization has been charged of getting away United States tasks and been known as “chop store.”

 26- Get Rich. Honestly
 Rich organizations were regarded to unclean in the times when the nation had socialist curved. Infy was an organization which had been rid of feeling. Murthy, with its ‘no compromise’ plan on greasing hands and doing moral business and also set the factors.

27-Do not be Afraid to Court Controversy
Ever since the organization had became the achievements, Murthy had been under continuous community glare. This had not dissuade the directly discussing Murthy from relationship debate and voicing his views freely.

 28-Invest in Learning
Coming up of the big investment strategies in exercising, growth and developing features, India’s IT -weather had always been interested in self care younger individuals. Murthy forced the lifestyle of studying in organization in beginning.

29-Never Lose the Common Touch
This big individual of Native IT indian kept its individual lifestyle simple. His life was in effective, middle-class home and goes economic system until time frame. Murthy had always been available to individuals around it.

30-Do Good, Look Good
Murthy realized the value of developing an picture for organization. He spent in developing expansive, outstanding grounds beginning on, larger than the other business's head workplace in nation that would create his international clients experience like they had been in international workplace.


FINAL WORDS….

There is no doubt that Mr N R Narayana Murthy is a Don Bradman and Visvesvaraya of the IT industry. This comeback king is one of a kind, the saviour of INFOSYS,with his comeback he has proved that Infosys was his second child, it is expected of parents to handhold their children for sometime, if they find that their child is in a bit of difficulty.


Finally this Gentle Man Murthy, has made placed in the heArts of many technocrates and inspired & will keep  inspiring the young engineers like mine….!!





HATS OFF TO THIS GUY…… !!

Tuesday 11 June 2013

STEVE JOBS : A LEADER WHO DEFINED RULE BOOK…


STEVE JOBS @ Glance…….





Steve Jobs is no more. Surely, his accomplishments are far-reaching and impossible to easily summarize. Apart from revolutionizing the computer, music and publishing industries in his lifetime, Steve Jobs’ death has pointed out that he may have transformed just one more – the leadership industry. Here’s one way of looking at the scope of his achievement: It is the dream of any entrepreneur to effect change in an industry. Well, Jobs transformed half a dozen of them forever, from personal computers to phones, animation, music, publishing and video games. He was a great negotiator, a skilled motivator, a decisive judge, a farsighted tastemaker, an excellent showman and a gifted strategist. Most people will try to fit him into old moulds, trying to confine his spirit within the familiar terms: Vision, Innovation, Communication, and Inspiration. There was all of that, for sure, but these encomiums alone do not quite succeed in capturing him. We haven’t lost the best CEO of this generation – we’ve lost one of the greatest artists of our times. Under his leadership, the previously tottering Apple not only recovered, but climbed its way to the top to become the most valuable company in the world, based on market cap!

Steve Jobs...

Unlike most technologists and entrepreneurs who appear to succeed only once, Steve Jobs was distinctly different, in that he constantly repeated his success. He never gave up and steadfastly pursued his dreams, and is believed to have never been driven by the riches or the fame that followed his success. Jobs was clearly obsessed with the products that his company rolled out, and pursued them to the minutest detail. He was a perfectionist, and a strongly opinionated one at that.  

Jobs was destined to change many industries during his life time. He had a fairly difficult childhood. He was given up for adoption, dropped out of school, but eventually went on to start a company that practically shaped the personal computer industry. He never had any fancy degrees. In fact, he had no degree at all! Of course, this does not mean that you don’t aspire and work towards higher degrees, but these alone cannot guarantee success. Rather, dedicated pursuit of goals and determination can be magical wands. Following Jobs’ example, parents should ask themselves how they can encourage their children to pursue their dreams with limitless passion and safeguarded from the fear of failure.



A WONDER CALLED STEVE….



To unravel the enigma that was Steve Jobs, let’s take a walk through his life:


  • Young Steve

 Steven Paul Jobs was born in San Francisco, California, on February 24, 1955. His biological parents, unwed college graduates Joanne Simpson and Abdulfattah Jandali, gave him up for adoption to a lower middle-class couple from south of the Bay Area, Paul and Clara Jobs. It was not until Jobs was 27 that he was able to uncover information on his biological parents.
Young Steve Jobs... 

Jobs grew up in California, a willful, free-spirited young loner, with a penchant for trouble. In his high school years, he was already fascinated with electronics. In 1969, he met Steve Wozniak, better known as ‘Woz’, who was five years older, and already anelectronics whiz. Jobs attended college, but soon dropped out. He embraced the hippie lifestyle – drugs, Zen and Eastern philosophy. In 1974, he took a position as a video game designer with Atari. Several months later, he left Atari to find spiritual enlightenment in India. After months spent traveling through India in rags, he returned to California and started a thriving business with Woz. They built and sold ‘blue boxes’ that let users make long distance calls for free.

In 1976, Jobs, then 21, and Wozniak started a new business to build computers for hobbyists. Jobs chose the name Apple Computer.

  • Seeding Apple
Steve Jobs saw that many people were interested inhis friend Woz’s brilliant amateur work – a computer circuit board – and suggested that they sell the board to them. Apple Computer was born.

Apple’s first year in business consisted of assembling the boards in Steve’s garage and driving to local computer stores to try and sell them. Meanwhile, Woz worked on a new, much-improved computer, the Apple II, which he finished in 1977. Both Woz and Steve knew the Apple II was a breakthrough computer, much more advanced than anything the market had ever seen. Thus, Steve set out to find venture capitalists to fund Apple’s expansion. After a while, he made a deal with Mike Markkula, an enthusiastic former Intel executive, who invested $250,000 in their business and assured them that their company would enter the Fortune 500 list in less than two years’ time.
Steve Jobs with Mike Markkula...

Mike was right. The Apple II soon became the symbol of the personal computing revolution worldwide and Apply Computer went public in December 1980, after just four years of existence. Steve Jobs’ net worth crossed the $200-million mark on that day – he was only 25.

In the pursuit of what he believed, however, Jobs never hesitated to inflict his tantrums on anybody, including on Woz, whose relationship with Jobs soon collapsed. In his messy personal life, Jobs refused to acknowledge his baby daughter, Lisa, and acquiesced to letting her grow up in poverty. Of course, he continued his dedication to creating  revolutionary products, and his fervor inspired his Apple cohorts.

Apple’s president and board, though, avoided giving him full authority, and Steve wasdigging his own corporate grave. The Apple III, which he supervised, never worked properly. He dreamed of creating a business computer – which would be his creation, not Woz’s. The result was a business-oriented computer that Jobs named Lisa, after his unacknowledged daughter. Yet, Steve Jobs was soon thrown out of the Lisa project because he was considered too temperamental a manager. Deeply angry, he took revenge by taking over a small project called Macintosh, determined to make it a cheaper GUI computer that would cannibalise the sales of Lisa.

Around this time, IBM entered the personal computer business, legitimising the industry. The lower price tag on its PCs made the $10,000 Lisa a clear flop. Since Jobs was not allowed to run Apple, he recruited Pepsi executive John Sculley, thinking that he could push Sculley around.

In 1984, the first Macintosh made its debut. Macintosh’s point-and-click technology (partly derived from Xerox’s 1970s Palo Alto Research Center) reduced the need for users to remember innumerable tricky-touse DOS commands, and brought out the visual and user-friendly potential of computers. The rivals only fully caught up a decade later, with Windows 95. However, despite positive sales and a performance that was superior to IBM’s PCs, the Macintosh was still not IBM-compatible. It was cheaper than the Lisa, but Jobs had blundered – the closed box had no expansion slots, and its limited memory made it impractical. Only the old Apple II now kept the company afloat. Woz publicly quit Apple, and denounced its management. The board took the Macintosh division away from Jobs, and turned to Sculley, who insisted on full authority and got it.

  • Exit From Apple
Jobs tried to stage a coup, but was caught and demoted. He planned to send Scullery to China on a business tour and take over the corporate control of Apple in his absence. Scullery went to China, but he soon got wind of Steve’s plan and returned from there. He then presented the issue to Apple’s Board of Directors, and asked them to vote against Steve in his presence. Everyone from the board voted against Steve, and he was fired from his own company.

[The background to this was that Apple’s board was unhappy with Steve’s indisciplined behavior. The warbetween Board and Steve started when Apple was designing the personal computer, Lisa. Steve was expelled from this project in 1982 and asked to work for Macintosh. Lisa was presented in 1983, but did not perform well. It was believed to be a marketing failure. On the other hand, the Macintosh project assigned to Steve did extremely well. Steve now lost faith on Scullery, and wanted to wrest back control. He started doing odd things like organising meetings late into the night,sending out long faxes and many such indisciplined activities. The Board lost patience, and decided to fire Steve.]

Later, in 1993, Scullery was also forcibly replaced from the post of CEO. When Scullery was replaced, Apple was in a poor condition, as the company’s margins had eroded, sales had diminished and the stock had declined.

  • Life after Apple
Steve was stunned by his removal. Apple was his life, and he had just been kicked out of it. He started travelling, looking for new ways to expend his energy. In 1985, Jobs founded another computer company, NeXT. Its machines were not a commercial success, but some of the technology was later used by Apple, where Jobs was eventually to return. However great it was, the NeXT ‘Cube’ didn’t sell. It was overpriced and missing useful software. The company was bleeding money. All its co-founders left one after the other, as did its first investor from outside, the Texan billionaire Ross Perot. By 1993, NeXT had to give up its hardware business, and focus only on promoting its advanced software technology. Now, NeXT Software turned into a niche software development business.

In the meantime, in 1986, Jobs bought ‘The Graphics Group’, the computer graphics department of Lucas film. The group was responsible for making high-end computer graphics hardware, but under its new name, Pixar, it began to produce innovative computer animations. Their first title under the Pixar name, ‘Luxo Jr.’ (1986) won critical and popular acclaim. In 1991, Pixar signed an agreement with Disney, with whom it already had a relationship, to produce a series of feature films, beginning with Toy Story (1995).

Until then, Pixar too had been going through a difficult time. The movie was to be released in the Thanksgiving of 1995. As the date approached, Steve Jobs realized what an incredible power the Disney brand was. He decided that Pixar would go public the week after the release of Toy Story, to cash in on the media hype surrounding the first computer-generated animation movie of all times. This strategy worked wonders – Toy Story’s box-office success was only surpassed by the Pixar stock’s success on Wall Street. Steve Jobs, who owned 80% of the company, saw his net worth rise to over $1.5 billion – five times the money he had ever made at Apple in the 1980s!

The studio merged with Walt Disney in 2006, making Steve Jobs Disney’s largest shareholder.

  • Reinventing Apple
Speaking of Apple, the fruit company was in the midst of its worst year ever. After the release of Windows 95, the Mac, which had turned profitable but had failed to evolve for a decade while Steve Jobs was away, started losing its market share at an alarming rate.
 By 1996, the company’s newly-appointed CEO, Gil Amelio, was looking for new software to replace the old and bloated Mac OS. He eventually chose Steve’s NeXTSTEP. Apple paid $400 million to acquire NeXT, and Steve was back to the company that had thrown him out a decade before. His official title was that of ‘informal adviser to the CEO’.



Shortly after, when Amelio announced Apple’s losses of$700 million for the first quarter of 1997, the board decided that it was time to get rid of this terrible manager. Steve Jobs organised a board coup, and was named interim CEO of Apple in July 1997.

Steve Jobs quickly brought the lost confidence back to the Apple community. The company launched a revolutionary marketing campaign around a new slogan Think Different, spreading the idea that people who used Macs were dreamers who could change the world. Six months after he was back, Steve Jobs had led the company to profitability.

Yet, Apple’s real resurgence came a little later, when Steve introduced a new, amazing consumer desktop computer – the iMac. Introduced in May 1998, it was Apple’s first really innovative product since the unveiling of the original Macintosh in 1984. The iMac’sstunning translucent design blew away the whole personal computer industry, which had failed to produce anything but black or beige boxes for over a decade. Moreover, the iMac was a hot seller, and was instrumental in bringing tonnes of developers back to the Mac platform. Design innovations continuedthroughout 1998 and 1999, with the launch of coloured iMacs and the iBook, Apple’s consumer notebook. After three years of being in charge, Steve Jobs had brought Apple back to greatness. He was finally accepted as the full-time CEO of Apple in January 2000 – this was the first time that one person became the CEO of two public companies at the same time.

The digital hub strategy was unveiled by Steve Jobs at Macworld, San Francisco, in January 2001. This was a vision for the future of the PC. Although many analysts and self-appointed experts were proclaiming that PCs would disappear within a couple of years to be replaced by Internet terminals, Apple believed they would evolve into digital centers or hubs for our new digital lifestyles.


  • Miracle Days – iPod, iPhone and iPad

The greatest momentum for Apple came from an unexpected source – the iPod. The iPod was an integral part of the digital hub strategy. For the first time, people were buying Macs just so that they could use this little music player the size of a cigarette box. Apple cashed in on that success and went further in the following years, first by making the iPod Windowscompatible in 2002, and then by opening the iTunes Music Store and developing a Windows version of iTunes in 2003.
Steve During Launch of Ipod

In 2006, for the first time in its history, the firm from Cupertino left its niche market to become as influential a player in consumer electronics as Microsoft was in the PC space. The iPod’s market share was close to 75%!

The master move, of course, came in January 2007, when Steve Jobs introduced the iPhone at Macworld. The iPhone was arguably the ultimate Apple product. Its beautiful hardware ran no less than Apple’s full operating system, OS X. Three years after it was introduced, it is already fair to say that the iPhone will go down in history as the first digital convergence device, equivalent to putting a computer, an iPod and a phone in your pocket. It was such an obvious part of Apple’s move outside the PC business that Steve announced at the end of Macworld 2007, that the company’s name would be changed from Apple Computer Inc. to Apple Inc.

In late 2003, Steve was diagnosed with pancreatic cancer. It was only in August 2004 that he agreed to undergo surgery. Although Steve and Apple kept denying any serious problem,to everyone’s surprise, in December 2008, they announced that the CEO would not go on stage for the last Macworld keynote in history in January 2009. Steve Jobs took six months off (the first half of 2009), as he was awaiting a liver transplant, which he underwent in April 2009.

2010 saw the incredible rebirth of Steve Jobs as a veryactive CEO. In August 2011, Jobs resigned as CEO of Apple, but remained at the company as Chairman of the company’s board. On October 5, 2011, at around 3:00 p.m., Jobs died at his home in Palo Alto, California, aged 56, six weeks after his landmark resignation. A legendary life thus came to an end.



WHY WAS HE DIFFERENT ?????


If we look closely, Steve Jobs was singularly devoted not to technology, but to how people interacted with technology. It wasn’t for us to fit into a world of computers, but for computers to fit into a world of people. That is what made Jobs different.

Jobs lived above his company and its products. This is what made Jobs one of the great leaders of our time. He didn’t lead a company – he led us. He inspired us. He had a cause, and we followed him in his pursuit. Let me portray some facets of the genius that was Steve – what made him an iconic businessman, which transformed in a major way the lifestyle of human beings and their interaction with technology.

#Following are his qualities we can obtain from his life:

*MAN OF PASSION

*MAN OF INNOVATION

*Trust in Success

*Belief on ‘Oneself’

*Striving for Perfection and Simplicity

*Creating a Small team  of Talents

*Brand Fanaticism

*Radical Customer Devotion

*Belief of: Killer Products Bring Killer Profits

*Ability To Express Ideas For Realization





FINAL WORDS….


We know that there are basically two types of organizational leaders – the transactional and the transformational. Transactional leaders are the ones who work with the safety of the status quo. Transformational leaders strive with all their might to change the existing order of things. They are the ones who bring about major, positive change for a group, organization or society. We have seen that Steve Jobs was able to direct his people and make them do things which they had never done before, but these things were also essential for the realization of his vision and plans. I leave it your judgment to deduce what style of leadership Jobs followed.




It is quite logical to assume that Jobs’ style of management changed over the years. This is also indicated in the following quote – “When Jobs was ousted from Apple in 1985, he was often termed as arrogant and bully combined with perfectionist attitude, something that indicates the ‘Authority-Obedience Manager’” (Fortune 2009, The Decade of Steve). In 2009, due to medical reasons, Steve delegated his responsibilities to Tim Cook, Apple’s COO for six months, and everything went on smoothly. Perhaps, he had mentored his executive team successfully to think and decide like him, which indicates that his style had probably moved on to being a ‘Team Manager’.

Interestingly, Jobs may not be the embodiment of an effective leader – in a way; he was far from being a classical ‘text-book’ example. Nevertheless, his charisma, self-confidence and passion for work overshadow all his flaws, making him one of most successful CEOs of the decade.


Paragraphs worth reading that did not make the cut:


This description of the leader as an unseen, supportive hand doesn’t sit well with everyone, but it’s had legions of adherents—including me—for a long, long time. Lao Tzu, the founder of Taoism, in the 6 th century BC, wrote, “A good leader is best when people barely know that he exists. Not so good when people obey and acclaim him. Worse when they despise him.”

On a more contemporary note, Jim Collins and Jerry Porras, in their 1994 book Built  to Last, found that leaders of successful companies that endure over time and are  industry leaders—Steve Jobs’s career-long aspiration for Apple—have leaders that “do  not have the personality traits of the archetypal high-profile, charismatic visionary  leader.” They offer the example of 3M’s decidedly non-charismatic leader, William McKnight (no relation) who guided this revered industry titan for 52 years using a leadership style that emphasized personal humility, accepting mistakes, empowering people, and taking small steps, all anathema to Steve Jobs.

Steve Jobs was exceptional—exceptionally inspiring and exceptionally exasperating, even withering. He built, arguably, the most creative company in the world. He was also exceptionally good at selecting talent, i.e., people who are not only world-class at what they do but also have the hide of a rhinoceros. Many, perhaps most people don’t fit either description. Unless you’re a Steve Jobs, you’re going to have to settle for mere mortals talent-wise and people who require a more encouraging hand.


Special Thanks & References:
·          * Alan Deutschman (2000), The Second Coming of Steve Jobs, extract of published article 
·         * Erik Qualman (2011), Steve Jobs – 10 Lessons in Life& Leadership, October 5, 2011,          www.socialnomics.net 
·         *Jeffrey S. Young and William L. Simon John (2005), iCon Steve Jobs - The Greatest Second Act in the History of Business 
·         *MacGateway (2011), The Leadership Style of Steve Jobs- In His Own Words
·         *Steve Jobs (2005), Address at Stanford University’s 114th Commencement on June 12, 2005 
·         *Paul Bridle (2009), Leadership Lesson, Steve Jobs Apple, published in Business Trends
·         *Steve Jobs (1995), In Daniel S. Morrow’s transcript of a video interview with Steve Jobs on April 20, 1995