Azim Premji Professions : Business personBorn : July 24, 1945 Browse All Authors Quotes From Azim Premji Ecology and economy are becoming inextricably entwined, and the world is becoming more conscious of this fact. Azim Premji factmoreeconomyworld Parents realize their wealth should be used for social good rather than children's good. Azim Premji realizeparentsgoodchildren I have always felt intuitively that somehow such wealth cannot be the privy of any one person or any one family. Azim Premji personalwayswealthfamily People are realistic enough to appreciate what the market values of different people are. Azim Premji valuesappreciateenoughpeople People are beginning to realize that education is power, that education is money, that education is an opportunity. Azim Premji moneypowereducationpeople You need a commitment which is long term and a commitment to leadership, because that's the only way you build excellence. Azim Premji youexcellenceleadershiplong There are three lessons in philanthropy - one, involve the family, especially the spouse. She can be a remarkable driver of your initiative. Two, you need to build an institution, and you need to scale it up. Choose a leader for philanthropy whom you trust. Three, philanthropy needs patience, tenacity and time. Azim Premji trustfamilytimepatience When I took over the family business, it had already been a publicly traded company for 20 years. During one of the first annual meetings I attended, one shareholder stood up and advised me and everyone in attendance that I should resign. Azim Premji memeetingsfamilybusiness Excellence is a great starting point for any new organisation but also an unending journey. Azim Premji newgreatexcellencejourney What is excellence? It is about going a little beyond what we expect from ourselves. Part of the need for excellence is imposed on us externally by our customers. Our competition keeps us on our toes, especially when it is global in nature. Azim Premji needcompetitionexcellencenature The West is not producing enough engineers. Azim Premji producingengineerswestenough Being in the consumer business helps us groom talent in areas like marketing, finance and logistics. We can benchmark our outsourcing business to our consumer business and its best practices. Azim Premji bestfinancetalentbusiness You cannot underestimate the value of luck in success in life. And I've really learned to appreciate that. Azim Premji valueyousuccesslife Similar Authors Andy Stern business-person Andrew Tan business-person Andrea Jung business-person Alan Sugar business-person Ben Rattray business-person Indra Nooyi business-personAll Authors