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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
q
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 $2 million.In 1977, when IBM was asked to leave India, Wipro entered theinformation technology sector. In 1979, Wipro began developing its owncomputers and in 1981, started selling the finished product. This was thefirst in a string of products that would make Wipro one of India's first
computer makers.. In 1980 Wipro moved in software development andstarted developing customized software packages for their hardwarecustomers. This expanded their IT business.
WIPRO
http://en.wikipedia.org/wiki/Stanford_Universityhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/Stanford_University8/2/2019 Azim Premji Foundation
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About Wipro
TypePublicBSE: 507685NYSE: WIT
Industry IT Services
Founded 1945
Founder(s) M. H. Premji
Headquarters Bangalore, Karnataka India
Key people
Azim Premji (Chairman)
Girish Paranjpye (joint CEO)Suresh Vaswani (joint CEO)SA Sudarshan
Services
IT ConsultingBusiness Process OutsourcingProduct Engineering SolutionsTechnology Infrastructure Services
Revenue US$ 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