Reacting to a question on whether Infosys's succession concerns would have been addressed if children of founders were allowed, Narayana Murthy said that he was wrong in his earlier stance.
"I think I was depriving this organisation of legitimate talent. I take back whatever I said. I think that every individual must have the same opportunity as every other individual if he or she is considered the best person for the role," he said.
Explaining why he held his previous view, Murthy said he embraced that idea initially because he "was afraid that some people may bring undeserving candidates and put them in positions", adding that he wanted the future of the company to be strong.
"I think I was depriving this organisation of legitimate talent. I take back whatever I said. I think that every individual must have the same opportunity as every other individual if he or she is considered the best person for the role," he said.
Explaining why he held his previous view, Murthy said he embraced that idea initially because he "was afraid that some people may bring undeserving candidates and put them in positions", adding that he wanted the future of the company to be strong.
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However, Infy Narayana Murthy must reconsider his statement as it will legitimise family business and mediocrity will become order of the day.
