II Session -

Convocation Address

N R Narayan Murthy
❖ Speech is systematically divided- past, present and the future

❖ Past and problems- influence, bureaucracy, tender process, lack

of accountability

❖ Mahalanobis model- capital goods vis-a-vis consumer goods.

Present

❖ Changing times

❖ liberalisation - 1990’s - made Indian companies compete globally.

❖ Globalisation- global trade 25% of the world’s GDP

❖ Privatization- global phenomenon

❖ Internet, research in health- world is different.

Future

➔ Competing with best in the world

➔ Change the notions of India in global market

➔ Pursue excellence- relentless training, frank feedback and self improvement

➔ Excellence prospers in environment- recognised and rewarded

quotes

★ The roots of true achievement lie in the will to become the best
that you can become- Harold Taylor

★ You cannot build a reputation on what you are going to do.

Henry Ford- importance of action