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" Effective use of technology is important to deliver healthcare. By leveraging technology, you can bring down lack of access and cost of healthcare. "
N. R. Narayana Murthy
Technology
You
Important
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" It's very important to learn quick lessons from your failures, very important to recognize symptoms of failure pretty early, and it is very, very important to not to be attached too much to the idea - you have to know when to give up an idea. "
N. R. Narayana Murthy
You
Early
Up
" Entrepreneurship is all about an idea that creates differentiated business value to one's customers. You must be able to convince your customers about the benefits that association with you or your products will give them. People are ready to pay if they are convinced about your services or products. "
N. R. Narayana Murthy
People
You
Business
" I am a man in a hurry. "
N. R. Narayana Murthy
Am
Hurry
I Am
" When you run a part of the relay and pass on the baton, there is no sense of unfinished business in your mind. There is just the sense of having done your part to the best of your ability. That is it. The hope is to pass on the baton to somebody who will run faster and run a better marathon. "
N. R. Narayana Murthy
Best
Business
Hope
" I am what we call a 'karma yogi' in Sanskrit. A karma yogi is somebody who believes in data. I collect a lot of data. "
N. R. Narayana Murthy
Who
Call
Somebody
" I have always looked at my competencies before accepting any responsibility. "
N. R. Narayana Murthy
Always
Responsibility
Any
" India is known for much development that has happened since our independence, but at the same time, we have also failed on many levels. It is the responsibility of the future generation to ensure that all these failures are corrected and help create a civilised society with equal opportunities for one and all. "
N. R. Narayana Murthy
Society
Time
Responsibility
" We are not the same India that the world saw in the 1970s and '80s. Hence, we have a responsibility to live up to the pedestal on which we have been put. "
N. R. Narayana Murthy
Live
Same
World
" If longevity is the best index to measure a company, a basic requirement is the ability of the corporation to generate new and new leaders. "
N. R. Narayana Murthy
Longevity
New
Company
" I have no desire to enter politics. Because I am not suited for that. "
N. R. Narayana Murthy
Because
Enter
I Am
" Nobody is bothered about an institution more than its alumni. "
N. R. Narayana Murthy
Institution
Than
Alumni
" I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this. "
N. R. Narayana Murthy
Limit
Say
Small
" If my company spends money, it should be disclosed to the shareholders and how it was spent. With my personal money, I can do anything I want. But company money should be disclosed. "
N. R. Narayana Murthy
Personal
Money
I Can
" The primary difference that I have found between the system of education in India and other countries, particularly the U.S., is that they focus on problem solving and relating theories to reality around them. These two things are lacking in the education system in India. "
N. R. Narayana Murthy
Education
Two
Focus
" Investment in training is a huge necessity for knowledge-based corporations. "
N. R. Narayana Murthy
Huge
Investment
Necessity
" Even if a company is taken private, at some stage people want to make it public. "
N. R. Narayana Murthy
Even
Company
Want
" To me, patriotism is about working ethically and wholeheartedly in our chosen field. "
N. R. Narayana Murthy
Working
Field
Patriotism
" Even the most dishonest officer would want to be seen as a role model for his children. "
N. R. Narayana Murthy
Children
Seen
Want
" Infosys demonstrated to the world that an Indian company could implement standards of quality, operations, finance that compare with the best. That is a legacy I am happy with. "
N. R. Narayana Murthy
Finance
I Am
Best
" I think India has several advantages in the knowledge sector, in the software sector. "
N. R. Narayana Murthy
India
Think
Software
" If the U.S. became the undisputed superpower that it is today, it was primarily because of its technology, whether it is in transportation, agriculture, high-tech industry, medicine, etc. "
N. R. Narayana Murthy
Today
Technology
Agriculture
" I think, at the end of the day, you have to reduce friction to businesses, ideally to zero, so that more and more entrepreneurs can create more and more jobs with higher and higher disposable income. "
N. R. Narayana Murthy
Think
Day
End
" Entrepreneurship is all about deferred gratification. "
N. R. Narayana Murthy
Gratification
About
Entrepreneurship
" The future of any corporation is as good as the value system of the leaders and followers in the organization. "
N. R. Narayana Murthy
Any
Value
Good
" When you are in business for a long time, you go through good times and bad times. When you go through bad times, you learn to control costs, satisfy customers better, satisfy employees better and become more transparent. Therefore, you build character in the company. "
N. R. Narayana Murthy
Control
Good
Character
" All developmental activities for the common man such as education, healthcare, shelter and food distribution should be handled by reputed private sector institutions. It should be a competitive market in order to prevent the formation of monopolies. "
N. R. Narayana Murthy
Food
Man
Education
" Often times I have been asked about the attributes for success, and I have said that you need two attributes for succeeding as an entrepreneur: one, courage, second, luck. "
N. R. Narayana Murthy
Courage
You
Success
" In order to improve healthcare, we'll have to spend more on it, increase accountability and decentralize services, enforce standards and reinstate people's faith in it. "
N. R. Narayana Murthy
Standards
Accountability
Faith
" Any mechanism that will ensure benefits to consumer, any mechanism that will ensure that we do not waste food grains, any mechanism that helps the poorest of the poor is a welcome step. "
N. R. Narayana Murthy
Step
Welcome
Food
" I think there are opportunities outside India as well as in India. In fact, some of the largest projects that most Indian software companies are doing are in India. "
N. R. Narayana Murthy
Doing
India
Fact