Azim Premji Final

THE TECH KINGAZIM PREMJI

INTRODUCTION

Born : 24th July,1945 (Mumbai)

Residence : Bangalore, India

Education: Electrical Engineer fromStanford University, USA

AZIM PREMJI

Occupation: Chairman of Wipro and Head-person of Azim Premji Foundation

Net worth : US$17.0 billion(2010)

Religion : Muslim

Spouse: Yasmeen Premji

Children : Rishad Premji (Married) Tariq Premji

Also known as Indian Bill Gates

PERSONAL LIFEBorn in Mumbai in a Gujarati Khoja

Shia Muslim Family Father M.H. Premji owned Western

Indian Vegetable Product Company

Azim Premji - 21 had to forcefully leave studies to take over the family business due to the demise of his father in 1966

EDUCATION

Completed initial schooling from St. Mary’s School, Mumbai

Was in the midst of his Electrical Engineering in Stanford University, California, USA

Dropped out of the University at the age of 21 in the year 1966, but later completed his engineering through correspondence in 1999

BUSINESS PROFILE1966 – Mr. Premji took over the leadership of the

Western Indian Vegetable Product Company

1975 – The company later diversified into consumer goods (FMCG) products. It dealt in products like bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries.

The Vegetable company then changed to WIPRO Products Ltd.

WIPRO Fluid Power business started manufacturing hydraulic cylinders and truck tippers

1980 – WIPRO entered the IT field It took advantage of the expulsion of IBM from

the Indian market

Wipro Technologies

Wipro Infotech

Wipro Consumer Care & Lighting

Wipro Fluid Power Limited

Wipro GE medical systems limited

WIPRO COMPANIES

SWOT ANALYSIS Strengths:  Global Research and & Development facility. Retention of the man-power is the best in the industry. Impressive list of clientele. Relatively lower receivable compared to the industry

average.

Weaknesses:    Low operating margin of the other group companies.

Free floating stock is very less.

Opportunities:    In the branded product category. In the consultancy area. In the emerging technology areas

like Blue Tooth, WAP etc. Threats:  Increasing cost of human capital. Slowdown in the US economy . Will face fierce competition in the areas of e-business

TECH LEADERUnder Azim Premji's leadership Wipro has

metamorphosed from a Rs.70 million company to a pioneer in providing integrated business, technology and process solutions on a global delivery platform.

Today, Wipro Technologies is the largest independent R&D service provider in the world.

Wipro New Releases:

Wipro Water Wipro EcoEnergy

AZIM PREMJI FOUNDATION

Established in 2001

Non- Profit Organization

Vision:

Influencing the lives of millions of children in Indiaby facilitating basic education.

Creating effective and scalable models that significantly improve the quality of learning in the school and ensure satisfactory ownership by the community in the management of the school.

ACHIEVEMENTS

Azim Premji is 2nd richest man in India (Source: Forbes)

Brought Wipro from Scrap to Beauty, that is from US$ 2million to US$1.76billion

Member of Prime Minister's committee for trade and industry in India

Made Wipro the biggest BPO  services provider in India 

Azim Premji voted the 15th most powerful man in the world

AWARDSWipro is today ranked among

the top 100 Technology companies globally (by Business Week)

He was adjudged the Business Man of the Year 2000 by Business India and as the Business Leader of the Year 2004 by the Economic Time

Time listed him (April 2004) as one amongst 100 most influential people in the world

He was named by Fortune (August 2003) as one of the 25 most powerful business leaders outside the US.

Forbes (March 2003) listed him as one of ten people globally, who have the most “power to effect change” and Business Week (October 2003) featured him on their cover with the sobriquet “India’s Tech King”.

 In January 2005, the Government of India conferred upon him the Padmabhushana, one of the highest civilian awards in the country.

THE LEADER

Azim Premji’s success and

prominence clearly shows his

determination and perseverance, coupled with knowledge,

planning and clear vision, the perfect

mixture of all these things enabled him to reach the peak of

success and leadership.

THANK- YOU

NAME: MITRA DHADACLASS: PGDBM DIVISION – AROLL NO: 52