When people get rich, they cut themselves off from the context that has earned them these riches - the context of the common men. They forget they are part of society.
N. R. Narayana MurthyRead
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.
Interpretation
What this quote means
A successful company must constantly develop new leaders to ensure its longevity.
This quote emphasizes that for a company to thrive over the long term, it needs not just to sustain operations, but to continuously foster leadership talent within its ranks. The ability to cultivate new leaders is essential for the growth and adaptability of the organization in an ever-changing business environment.
Themes
LeadershipLongevityCompanyGrowthSuccess
In practice
Example use cases
During a company seminar, to highlight the importance of leadership development.
More from N. R. Narayana Murthy
All quotes βWhen 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 MurthyRead
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 MurthyRead
The unique instrument to eradicate poverty and usher in prosperity is our youth.
N. R. Narayana MurthyRead
The biggest impediment to growth is in our minds and not in the world outside, and only constant in the world is change.
N. R. Narayana MurthyRead
The future of any corporation is as good as the value system of the leaders and followers in the organization.
N. R. Narayana MurthyRead
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The purpose of getting power is to be able to give it away.
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