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{{for|the Tech Mahindra executive|Vineet Nayyar}} | {{Short description|Businessman}} | ||
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{{Infobox person | {{Infobox person | ||
|name | | name = Vineet Nayar | ||
|image | | honorific_suffix = | ||
|caption | | image = Vineet Nayar World Economic Forum 2013.jpg | ||
|birth_name | | image_upright = | ||
|birth_date | | landscape = | ||
|birth_place | | alt = | ||
| | | caption = Vineet Nayar at the 2013 [[World Economic Forum]] in [[Davos]] | ||
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| | | pronunciation = | ||
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| | | birth_date = {{Birth year and age|1962}} | ||
| | | birth_place = [[Pantnagar]], [[Uttarakhand]], India | ||
| | | other_names = | ||
| | | siglum = | ||
| | | citizenship = | ||
| | | education = [[B.Tech]], [[MBA]] | ||
| | | alma_mater = [[G. B. Pant University of Agriculture and Technology]]<br>[[XLRI – Xavier School of Management]] | ||
| | | occupation = Business executive, Entrepreneur, Author, Philanthropist | ||
| | | years_active = 1985 - present | ||
| | | era = | ||
| | | employer = [[HCL Technologies]] (1985―2013) | ||
| | | organization = | ||
| | | agent = | ||
|party = | | known_for = Chairman of [[Sampark Foundation]], Former Vice Chairman and CEO of [[HCL Technologies]] | ||
|opponents | | notable_works = ''Employees First, Customers Second: Turning Conventional Management Upside Down'' (2010) | ||
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| spouse = Anupama Nayar | |||
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| website = {{URL|http://www.vineetnayar.com}} | |||
}} | }} | ||
'''Vineet Nayar''' (born 1962) is an Indian | '''Vineet Nayar''' (born 1962) is an Indian businessperson, author, and philanthropist. He served as the [[Chief executive officer|Chief Executive Officer]] of [[HCL Technologies]] from 2007<ref>{{cite news |title=At the high table |url=https://www.businesstoday.in/magazine/people/story/fresh-challenge-128455-2008-08-21 |publisher=[[Business Today (India)|Business Today]] |date=September 7, 2008}}</ref> to 2013<ref name=live>{{cite news |last1=Sen |first1=Anirban |title=Vineet Nayar retires from HCL Technologies board |url=https://www.livemint.com/Companies/TORzzgFVkdtAqFmBlz6E8H/Vineet-Nayar-retires-from-HCL-Technologies-board.html |publisher=[[Livemint]] |date=December 27, 2013}}</ref> and is currently the founder and chairman of the [[Sampark Foundation]], a non-profit organization he established in 2005.<ref>{{cite news |title=Vineet Nayar sets 2025 for Sampark Foundation 'shutdown' |url=https://www.business-standard.com/article/pti-stories/vineet-nayar-sets-2025-for-sampark-foundation-shutdown-116071200449_1.html |publisher=[[Business Standard]] |date=July 12, 2016}}</ref> Nayar is also the author of the best-selling book, ''Employees First, Customers Second: Turning Conventional Management Upside Down'', published by [[Harvard Business Review Press]] in 2010.<ref>{{cite news |last1=Crainer |first1=Stuart |last2=Dearlove |first2=Des |title=Leaders provide meaning |url=https://thinkers50.com/blog/leaders-provide-meaning/ |publisher=Thinkers50}}</ref><ref name=110K>{{cite web|url=http://hbr.org/product/employees-first-customers-second-turning-conventio/an/12330-HBK-ENG|title=Employees First, Customers Second: Turning Conventional Management Upside Down|publisher=Harvard Business Review}}</ref> | ||
= | He was listed among the Thinkers50 influential management thinkers in 2011<ref>{{cite news |title=Vineet Nayar, Vijay Govindarajan among eight Indians in world's top 50 thinkers |url=https://economictimes.indiatimes.com/news/company/corporate-trends/vineet-nayar-vijay-govindarajan-among-eight-indians-in-worlds-top-50-thinkers/articleshow/10809150.cms?from=mdr |publisher=[[The Economic Times]] |date=November 21, 2011}}</ref> and featured in ''[[Forbes Asia]]'''s "Heroes of Philanthropy" list in both 2013<ref name=heroes>{{cite news |last1=Koppisch |first1=John |title=48 Heroes Of Philanthropy |url=https://www.forbes.com/sites/johnkoppisch/2013/05/29/48-heroes-of-philanthropy-2/ |publisher=[[Forbes]] |date=May 31, 2013}}</ref> and 2016.<ref name=financeexp/><ref>{{cite news |last1=Koppisch |first1=John |title=Asia's 2016 Heroes Of Philanthropy |url=https://www.forbes.com/sites/johnkoppisch/2016/07/06/asias-2016-heroes-of-philanthropy/ |publisher=[[Forbes]] |date=August 4, 2016}}</ref><ref name=110K/> | ||
Nayar | |||
== Early life and education == | |||
Nayar was born in [[Pantnagar]], [[Uttarakhand]], where he spent his early years. He completed his schooling at [[Campus School, GBPUA&T|Campus School, Pantnagar]]. He obtained a [[Bachelor of Technology]] degree in [[Mechanical engineering]] from the [[College of Technology, Pantnagar]] at [[G. B. Pant University of Agriculture and Technology]]. He subsequently received a [[Master's degree]] in [[Business Management]] from [[XLRI – Xavier School of Management]], [[Jamshedpur]].<ref name=forbes/> | |||
Nayar | == Career == | ||
After completing his academic education, Nayar joined HCL Limited in 1985.<ref name=hindubusiness/> He left the company in 1992 to found Comnet in 1993, specializing in remote infrastructure management, which grew into a $1 billion technology management business.<ref>{{cite news |title=The HCL Tech turnaround under former CEO Vineet Nayar |url=https://content.techgig.com/leadership/the-hcl-tech-turnaround-under-former-ceo-vineet-nayar/articleshow/70467071.cms |publisher=[[TechGig.com]] |date=July 31, 2019}}</ref> Nayar implemented several policies and practices at Comnet that later influenced HCL Technologies' "Employees First, Customers Second" philosophy.<ref name=hindubusiness>{{cite news |last1=Singh |first1=Ronendra |title=HCL Tech's turnaround man — Vineet Nayar |url=https://www.thehindubusinessline.com/info-tech/hcl-techs-turnaround-man-vineet-nayar/article20566010.ece |publisher=[[The Hindu Business Line]] |date=March 12, 2018}}</ref> | |||
In 1998, Comnet merged with HCL Technologies,<ref name=forbes/> forming HCL Comnet, where Nayar served as CEO.<ref>{{cite news |title=The latest in remote control |url=https://www.economist.com/business/2004/09/09/the-latest-in-remote-control |publisher=[[The Economist]] |date=September 9, 2004}}</ref> By 2005, he considered transitioning to social development and established the Sampark Foundation. However, he was asked by [[Shiv Nadar]], co-founder of HCL Technologies, to continue leading the company.<ref name=forbes/> He was appointed President of HCL Technologies in 2005<ref>{{cite news |last1=Julka |first1=Harsimran |title=HCL's Vineet Nayar: Maverick CEO of a maverick company |url=https://economictimes.indiatimes.com/news/company/corporate-trends/hcls-vineet-nayar-maverick-ceo-of-a-maverick-company/articleshow/14534486.cms?from=mdr |publisher=[[The Economic Times]] |date=July 1, 2012}}</ref> and became CEO two years later in 2007. In August 2008, he was appointed to the Board of Directors at HCL Technologies as a whole-time director.<ref>{{cite news |title=Vineet Nayar appointed to the board of directors of HCL Technologies |url=https://www.domain-b.com/people/in-the-news/vineet-nayar-appointed-to-the-board-of-directors-of-hcl-technologies |publisher=Domain-b.com |date=August 1, 2008}}</ref> During his tenure, he increased the company's revenue sixfold to $4.7 billion annually.<ref name=forbes/><ref>{{cite news |last1=Singh |first1=Shelley |last2=Julka |first2=Harsimran |title=Top three executives frontrunners for HCL Tech chief's job: Vineet Nayar |url=https://economictimes.indiatimes.com/tech/ites/top-three-executives-frontrunners-for-hcl-tech-chiefs-job-vineet-nayar/articleshow/12843609.cms?from=mdr |publisher=[[The Economic Times]] |date=April 24, 2012}}</ref> | |||
Vineet Nayar is credited with transforming HCL Technologies into the fourth-largest IT company in India, with the workforce expanding from 30,000 to 90,000 during his tenure. Nayar was appointed Vice Chairman of HCL Technologies in November 2010. He received 12.50 lakh stock options in October 2010, and his remuneration was ₹8.43 crore in the 2012 fiscal year.<ref>{{cite news |last1=Phadnis |first1=Shilpa |title=Vineet Nayar's exit as HCL CEO raises questions |url=https://timesofindia.indiatimes.com/tech-news/vineet-nayars-exit-as-hcl-ceo-raises-questions/articleshow/18069173.cms |publisher=[[The Times of India]] |date=January 18, 2023}}</ref> | |||
Nayar | |||
Nayar | In June 2012, Nayar sold his entire stake in the company for ₹133.58 crore, which he directed towards the [[Sampark Foundation]].<ref name=hindubusiness/> He retired from the [[HCLTech|HCL]] board in December 2013 to focus on philanthropic activities but continues to serve as a senior advisor to HCL Technologies.<ref name=live/> Vineet Nayar was appointed to the board of the [[National Stock Exchange of India]] in July 2021.<ref>{{cite news |last1=Barman |first1=Arijit |title=Abhijit Sen, Sanjay Bhandarkar and Vineet Nayar set to join NSE board |url=https://economictimes.indiatimes.com/markets/stocks/news/abhijit-sen-sanjay-bhandarkar-and-vineet-nayar-set-to-join-nse-board/articleshow/84664707.cms |publisher=[[The Economic Times]] |date=July 23, 2021}}</ref> | ||
=== | == Published work == | ||
He authored ''Employees First, Customers Second: Turning Conventional Management Upside Down'', published by [[Harvard Business Review]] in 2010.<ref name=110K/> The book discusses the management practices used at HCL Technologies and explains the intellectual foundation for the transformation, as well as the lessons learned. It has sold over 100,000 copies.<ref name=forbes>{{cite news |last1=Raghunathan |first1=Anu |title=India's Vineet Nayar Seeks To Transform Primary Education With A $100 Million Philanthropic Outlay |url=https://www.forbes.com/sites/anuraghunathan/2016/07/06/indias-vineet-nayar-seeks-to-transform-primary-education-with-a-100-million-philanthropic-outlay/ |publisher=[[Forbes]] |date=July 28, 2016}}</ref> | |||
The book was ranked seventh on [[Amazon UK]]'s list of the 'Best Business Books of 2010' and was also included in the 'Best Business Books of 2010' by the Library Journal in the [[United States]].<ref>{{cite news |title=HCL Technologies CEO, Vineet Nayar, conferred with the ‘Leader in the Digital Age’ Award at CeBIT 2011 |url=https://www.hcltech.com/press-releases/hcl-technologies-ceo-vineet-nayar-conferred-leader-digital-age |publisher=HCL Tech |date=March 2, 2011}}</ref> | |||
=== | == Philanthropy == | ||
Vineet Nayar co-founded the [[Sampark Foundation]]<ref>{{cite news |last1=Singh |first1=Shelley |title=How CEO-turned-philanthropist Vineet Nayar plans to reform teaching in Punjab's government schools |url=https://economictimes.indiatimes.com/news/company/corporate-trends/how-ceo-turned-philanthropist-vineet-nayar-plans-to-reform-teaching-in-punjabs-government-schools/articleshow/21792381.cms?from=mdr |publisher=[[The Economic Times]] |date=August 13, 2013}}</ref> in 2005, a philanthropic organization that focuses on enhancing primary education for millions of school students in India. In 2013, Nayar took an active role in the organization, committing to invest $100 million into its initiatives.<ref name=educationworld>{{cite news |last1=Nehru |first1=Autar |title=Go-getting philanthropist: Vineet Nayar |url=https://www.educationworld.in/go-getting-philanthropist-vineet-nayar/ |publisher=Education World |date=November 2023}}</ref> He applies the concept of [[frugal innovation]] in his work<ref name=forbes/> and collaborates with state governments across eight Indian states, including [[Haryana]], [[Uttarakhand]], [[Chhattisgarh]], [[Uttar Pradesh]], and [[Maharashtra]].<ref name=forbes/> Their initiatives include distributing educational kits, setting up digital classrooms, and training teachers to improve their pedagogical skills.<ref>{{cite news |last1=Pal |first1=Sanchari |title=How a Unique yet Affordable Tech Innovation Is Helping Govt Schools in Remote Villages Go Smart |url=https://thebetterindia.com/92252/sampark-foundation-smart-shala-primary-education-rural-india/ |publisher=[[The Better India]] |date=March 21, 2017}}</ref> As of 2023, the Sampark Foundation has positively impacted approximately 10.49 million children and provided training for around 672,000 teachers in 123,000 government schools.<ref name=educationworld/> | |||
== Other activities == | |||
[[File:Vineet Nayar at the India Economic Summit 2009.jpg|thumb|150px|Vineet Nayar spoke at the [[World Economic Forum]]'s Impatient India session in [[New Delhi]] on 9 November 2009]] | |||
He served as Governor of the ICT and was a member of the Global Advisory Board for Women Leaders and the Gender Parity Program at the [[World Economic Forum]].<ref name=economictimes>{{cite news |title=Vineet Nayar |url=https://economictimes.indiatimes.com/corporate-excellence-award/jury/vineet-nayar/articleshow/66359710.cms |publisher=[[The Economic Times]] |date=November 22, 2018}}</ref><ref name=wef/> Additionally, he was a Community Partner of the [[Forum of Young Global Leaders]] at the [[World Economic Forum]], where he co-chaired the 2011 Annual Meeting of New Champions.<ref name=wef>{{cite web |title=Vineet Nayar |url=https://www.weforum.org/people/vineet-nayar/ |website=[[Weforum.org]]}}</ref> | |||
Nayar is also a senior advisor to the McKinsey Leadership Institute and mentors 18 technology start-ups.<ref>{{cite news |last1=Khosla |first1=Varuni |title=Vineet Nayar a sought-after mentor now, guiding no less than 18 startups |url=https://telecom.economictimes.indiatimes.com/news/vineet-nayar-a-sought-after-mentor-now-guiding-no-less-than-18-startups/53173075 |publisher=[[The Economic Times]] |date=July 12, 2016}}</ref> He is involved with the Million Learning Project led by former Australian Prime Minister [[Julia Gillard]]<ref name=economictimes/> and is a founding member of Brookings India. He has served as a juror for the [[Harvard Business Review]]'s McKinsey Prize.<ref name=wef/> He is a member of the Advisory Board for the Global Talent Competitiveness Index, an initiative by [[INSEAD]].<ref>{{cite web |title=Vineet Nayar, DBA, Founder, Sampark Foundation, Former CEO, HCL Technologies |url=https://questromworld.bu.edu/businesseducationjam/2014/09/23/vineet-nayar-founder-sampark-foundation-former-ceo-hcl-technologies/ |publisher=[[Boston University|Questrom World]]}}</ref> | |||
== Awards and recognition == | |||
In 2011, Vineet Nayar was ranked 40th on the Thinkers 50 list of the world's most influential management thinkers.<ref name=60K>{{cite web|url=http://www.thinkers50.com/biographies/118|title=Vineet Nayar Thinkers50 Profile|publisher=Thinkers50}}</ref> That same year, he was honored with the 'Leader in the Digital Age' Award at [[CeBIT]]<ref name=70K>{{cite web|url=http://news.ciol.com/News/Newsmakers/News-Reports/HCL-CEO-Vineet-Nayar-wins-Digital-Age-Award/147335/0/|title=HCL CEO Vineet Nayar wins Digital Age Award|publisher=ciol.com}}</ref> and the 'Business HR Champion Award' at the European HCM Excellence Awards.<ref name=80K>{{cite web|url=https://www.youtube.com/watch?v=9-S0-9fyFz8 |archive-url=https://ghostarchive.org/varchive/youtube/20211221/9-S0-9fyFz8 |archive-date=2021-12-21 |url-status=live|title=Vineet Nayar – Recipient of Business HR Champion – HCM Excellence Awards 2011|publisher=Youtube}}{{cbignore}}</ref> He was named in ''[[Fortune (magazine)|Fortune]]'''s 2011 "Executive Dream Team" list.<ref>{{Cite web |title=Your Executive Dream Team - Designated hitter: Vineet Nayar (8) - CNNMoney |url=http://money.cnn.com/galleries/2011/news/companies/1109/gallery.dream_team_readers_picks.fortune/8.html |archive-url=https://web.archive.org/web/20130515205412/http://money.cnn.com/galleries/2011/news/companies/1109/gallery.dream_team_readers_picks.fortune/8.html |archive-date=15 May 2013 |access-date=2025-12-12 |website=money.cnn.com |url-status=live }}</ref> He was ranked as the No. 2 HR Influencer in India by the [[Society for Human Resource Management]] (SHRM) in 2011.<ref>{{Cite news |last=Standard |first=Business |title=SHRM India releases first ever report on top-20 Indian HR influencers on social media |url=http://www.business-standard.com/india/news/shrm-india-releases-first-ever-reporttop-20-indian-hr-influencerssocial-media/467838/ |archive-url=https://web.archive.org/web/20121219061854/http://www.business-standard.com/india/news/shrm-india-releases-first-ever-reporttop-20-indian-hr-influencerssocial-media/467838/ |archive-date=19 December 2012 |access-date=2025-12-12 |url-status=live }}</ref> | |||
In 2012, he received the Lakshmipat Singhania – IIM Lucknow National Leadership Awards from [[IIM Lucknow]].<ref>{{cite news |title=Winners of Lakshmipat Singhania – IIM Lucknow National Leadership Awards |url=https://www.ndtv.com/video/winners-of-lakshmipat-singhania-iim-lucknow-national-leadership-awards-257599 |publisher=[[NDTV]] |date=December 9, 2012}}</ref> In 2013, he was named among ''[[Forbes|Forbes magazine]]'''s "48 Heroes of Philanthropy".<ref name=heroes/> In 2016, Vineet Nayar and his wife, Anupama, were included in Forbes Asia's 'Heroes of Philanthropy' list.<ref name=financeexp>{{cite news |title=Vineet Nayar, Adar Poonawalla among 5 Indians who feature in Forbes Asia's Heroes of Philanthropy list |url=https://www.financialexpress.com/business/industry-5-indians-feature-in-forbes-asias-heroes-of-philanthropy-list-vineet-nayar-adar-poonawalla-309366/ |publisher=[[The Financial Express (India)|The Financial Express]] |date=July 7, 2016}}</ref> | |||
In 2016, Vineet Nayar was named in ''[[Foreign Policy]]''s "Top 100 Global Thinkers" and featured in the 'Moguls' category alongside his wife, Anupama, for their work with the Sampark Foundation.<ref>{{cite news |title=Sushma Swaraj, Vineet Nayar in FP's Global Thinkers 2016 list |url=https://economictimes.indiatimes.com/news/politics-and-nation/sushma-swaraj-vineet-nayar-in-fps-global-thinkers-2016-list/articleshow/55960983.cms |publisher=[[The Economic Times]] |date=December 13, 2016}}</ref> In 2018, he was ranked 20th by the [[Society for Human Resource Management]] (SHRM) in its list of Top 30 Indian HR Influencers on Social Media.<ref>{{cite news |title=Top 30 Indian HR Influencers on Social Media |url=https://qaspire.com/wp-content/uploads/2018/05/2018Top30IndianHRInfluencersonSocialMedia.pdf |publisher=[[Society for Human Resource Management]] |date=May 2018}}</ref> | |||
=== Harvard Business School case studies === | |||
Nayar's leadership and work at the Sampark Foundation and [[HCL Technologies]] have been the subject of multiple [[Harvard Business School]] case studies. One such study, "Vineet Nayar at HCL Unstructure 2008", published in 2009, examines his implementation of the "Employees First, Customers Second" philosophy.<ref name="H1">{{cite book |author1=Linda A. Hill |author2=Tarun Khanna |author3=Emily Stecker |author1-link=Linda A. Hill |author2-link=Tarun Khanna (academic) |title=Vineet Nayar at HCL Unstructure 2008 |date=April 2009 |publisher=[[Harvard Business School Press]] |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=37323}}</ref> In 2017, Harvard Business School published "Sampark Foundation: Transforming Primary Education in India," which explores innovative and cost-effective strategies implemented by Vineet Nayar and Anupama Nayar to enhance primary education.<ref name="H2">{{cite journal |author1=V. Kasturi Rangan |author2=Shweta Bagai |author1-link=V. Kasturi Rangan |title=Sampark Foundation: Transforming Primary Education in India |journal=[[Harvard Business School]] |date=July 2017 |pages=25 |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=52914}}</ref> Additionally, the case "Vineet Nayar and Sampark Foundation: Frugal Innovation at Scale" (2020) discusses his efforts to scale education in rural India.<ref name="H3">{{cite journal |author1=Linda A. Hill |author2=Emily Tedards |author1-link=Linda A. Hill |title=Vineet Nayar and Sampark Foundation: Frugal Innovation at Scale (A) |journal=[[Harvard Business School]] |date=July 2020 |pages=33 |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=58503}}</ref> Another case, "HCL Technologies (A)" (2007), details his leadership at HCL Technologies.<ref name="H4">{{cite book |author1=Linda A. Hill |author2=Tarun Khanna |author3=Emily Stecker |author1-link=Linda A. Hill |author2-link=Tarun Khanna (academic) |title=HCL Technologies (A) |date=August 2007 |publisher=[[Harvard Business School Press]] |url=https://www.hbs.edu/faculty/Pages/item.aspx?num=34784}}</ref> These studies have been authored by researchers [[Linda A. Hill]], [[Tarun Khanna (academic)|Tarun Khanna]], Emily Stecker, Emily Tedards, [[V. Kasturi Rangan]], and Shweta Bagai.<ref name="H1"/><ref name="H2"/><ref name="H3"/><ref name="H4"/> | |||
==References== | ==References== | ||
{{Reflist}} | {{Reflist}} | ||
{{Authority control}} | {{Authority control}} | ||
{{DEFAULTSORT:Nayar, Vineet}} | {{DEFAULTSORT:Nayar, Vineet}} | ||
[[Category:Businesspeople in software]] | [[Category:Businesspeople in the software industry]] | ||
[[Category:Businesspeople from Uttarakhand]] | [[Category:Businesspeople from Uttarakhand]] | ||
[[Category:1962 births]] | [[Category:1962 births]] | ||
[[Category:Living people]] | [[Category:Living people]] | ||
[[Category:XLRI – Xavier School of Management alumni]] | [[Category:XLRI – Xavier School of Management alumni]] | ||
[[Category:Indian chief executives in technology]] | |||
[[Category:Indian businesspeople in the computer industry]] | |||
[[Category:Indian philanthropists]] | |||
[[Category:Indian non-fiction writers]] | |||
[[Category:Indian business writers]] | |||
[[Category:Chairpersons of non-governmental organizations]] | |||
Latest revision as of 11:44, 12 February 2026
Vineet Nayar | |
|---|---|
![]() Vineet Nayar at the 2013 World Economic Forum in Davos | |
| Born | 1962 (age 63–64) Pantnagar, Uttarakhand, India |
| Education | B.Tech, MBA |
| Alma mater | G. B. Pant University of Agriculture and Technology XLRI – Xavier School of Management |
| Occupation | Business executive, Entrepreneur, Author, Philanthropist |
| Years active | 1985 - present |
| Employer | HCL Technologies (1985―2013) |
| Known for | Chairman of Sampark Foundation, Former Vice Chairman and CEO of HCL Technologies |
Notable work | Employees First, Customers Second: Turning Conventional Management Upside Down (2010) |
| Spouse(s) | Anupama Nayar |
| Website | www |
Vineet Nayar (born 1962) is an Indian businessperson, author, and philanthropist. He served as the Chief Executive Officer of HCL Technologies from 2007[1] to 2013[2] and is currently the founder and chairman of the Sampark Foundation, a non-profit organization he established in 2005.[3] Nayar is also the author of the best-selling book, Employees First, Customers Second: Turning Conventional Management Upside Down, published by Harvard Business Review Press in 2010.[4][5]
He was listed among the Thinkers50 influential management thinkers in 2011[6] and featured in Forbes Asia's "Heroes of Philanthropy" list in both 2013[7] and 2016.[8][9][5]
Early life and education[edit | edit source]
Nayar was born in Pantnagar, Uttarakhand, where he spent his early years. He completed his schooling at Campus School, Pantnagar. He obtained a Bachelor of Technology degree in Mechanical engineering from the College of Technology, Pantnagar at G. B. Pant University of Agriculture and Technology. He subsequently received a Master's degree in Business Management from XLRI – Xavier School of Management, Jamshedpur.[10]
Career[edit | edit source]
After completing his academic education, Nayar joined HCL Limited in 1985.[11] He left the company in 1992 to found Comnet in 1993, specializing in remote infrastructure management, which grew into a $1 billion technology management business.[12] Nayar implemented several policies and practices at Comnet that later influenced HCL Technologies' "Employees First, Customers Second" philosophy.[11]
In 1998, Comnet merged with HCL Technologies,[10] forming HCL Comnet, where Nayar served as CEO.[13] By 2005, he considered transitioning to social development and established the Sampark Foundation. However, he was asked by Shiv Nadar, co-founder of HCL Technologies, to continue leading the company.[10] He was appointed President of HCL Technologies in 2005[14] and became CEO two years later in 2007. In August 2008, he was appointed to the Board of Directors at HCL Technologies as a whole-time director.[15] During his tenure, he increased the company's revenue sixfold to $4.7 billion annually.[10][16]
Vineet Nayar is credited with transforming HCL Technologies into the fourth-largest IT company in India, with the workforce expanding from 30,000 to 90,000 during his tenure. Nayar was appointed Vice Chairman of HCL Technologies in November 2010. He received 12.50 lakh stock options in October 2010, and his remuneration was ₹8.43 crore in the 2012 fiscal year.[17]
In June 2012, Nayar sold his entire stake in the company for ₹133.58 crore, which he directed towards the Sampark Foundation.[11] He retired from the HCL board in December 2013 to focus on philanthropic activities but continues to serve as a senior advisor to HCL Technologies.[2] Vineet Nayar was appointed to the board of the National Stock Exchange of India in July 2021.[18]
Published work[edit | edit source]
He authored Employees First, Customers Second: Turning Conventional Management Upside Down, published by Harvard Business Review in 2010.[5] The book discusses the management practices used at HCL Technologies and explains the intellectual foundation for the transformation, as well as the lessons learned. It has sold over 100,000 copies.[10]
The book was ranked seventh on Amazon UK's list of the 'Best Business Books of 2010' and was also included in the 'Best Business Books of 2010' by the Library Journal in the United States.[19]
Philanthropy[edit | edit source]
Vineet Nayar co-founded the Sampark Foundation[20] in 2005, a philanthropic organization that focuses on enhancing primary education for millions of school students in India. In 2013, Nayar took an active role in the organization, committing to invest $100 million into its initiatives.[21] He applies the concept of frugal innovation in his work[10] and collaborates with state governments across eight Indian states, including Haryana, Uttarakhand, Chhattisgarh, Uttar Pradesh, and Maharashtra.[10] Their initiatives include distributing educational kits, setting up digital classrooms, and training teachers to improve their pedagogical skills.[22] As of 2023, the Sampark Foundation has positively impacted approximately 10.49 million children and provided training for around 672,000 teachers in 123,000 government schools.[21]
Other activities[edit | edit source]

He served as Governor of the ICT and was a member of the Global Advisory Board for Women Leaders and the Gender Parity Program at the World Economic Forum.[23][24] Additionally, he was a Community Partner of the Forum of Young Global Leaders at the World Economic Forum, where he co-chaired the 2011 Annual Meeting of New Champions.[24]
Nayar is also a senior advisor to the McKinsey Leadership Institute and mentors 18 technology start-ups.[25] He is involved with the Million Learning Project led by former Australian Prime Minister Julia Gillard[23] and is a founding member of Brookings India. He has served as a juror for the Harvard Business Review's McKinsey Prize.[24] He is a member of the Advisory Board for the Global Talent Competitiveness Index, an initiative by INSEAD.[26]
Awards and recognition[edit | edit source]
In 2011, Vineet Nayar was ranked 40th on the Thinkers 50 list of the world's most influential management thinkers.[27] That same year, he was honored with the 'Leader in the Digital Age' Award at CeBIT[28] and the 'Business HR Champion Award' at the European HCM Excellence Awards.[29] He was named in Fortune's 2011 "Executive Dream Team" list.[30] He was ranked as the No. 2 HR Influencer in India by the Society for Human Resource Management (SHRM) in 2011.[31]
In 2012, he received the Lakshmipat Singhania – IIM Lucknow National Leadership Awards from IIM Lucknow.[32] In 2013, he was named among Forbes magazine's "48 Heroes of Philanthropy".[7] In 2016, Vineet Nayar and his wife, Anupama, were included in Forbes Asia's 'Heroes of Philanthropy' list.[8]
In 2016, Vineet Nayar was named in Foreign Policys "Top 100 Global Thinkers" and featured in the 'Moguls' category alongside his wife, Anupama, for their work with the Sampark Foundation.[33] In 2018, he was ranked 20th by the Society for Human Resource Management (SHRM) in its list of Top 30 Indian HR Influencers on Social Media.[34]
Harvard Business School case studies[edit | edit source]
Nayar's leadership and work at the Sampark Foundation and HCL Technologies have been the subject of multiple Harvard Business School case studies. One such study, "Vineet Nayar at HCL Unstructure 2008", published in 2009, examines his implementation of the "Employees First, Customers Second" philosophy.[35] In 2017, Harvard Business School published "Sampark Foundation: Transforming Primary Education in India," which explores innovative and cost-effective strategies implemented by Vineet Nayar and Anupama Nayar to enhance primary education.[36] Additionally, the case "Vineet Nayar and Sampark Foundation: Frugal Innovation at Scale" (2020) discusses his efforts to scale education in rural India.[37] Another case, "HCL Technologies (A)" (2007), details his leadership at HCL Technologies.[38] These studies have been authored by researchers Linda A. Hill, Tarun Khanna, Emily Stecker, Emily Tedards, V. Kasturi Rangan, and Shweta Bagai.[35][36][37][38]
References[edit | edit source]
- ↑ "At the high table". Business Today. 7 September 2008.
- ↑ 2.0 2.1 Sen, Anirban (27 December 2013). "Vineet Nayar retires from HCL Technologies board". Livemint.
- ↑ "Vineet Nayar sets 2025 for Sampark Foundation 'shutdown'". Business Standard. 12 July 2016.
- ↑ Crainer, Stuart; Dearlove, Des. "Leaders provide meaning". Thinkers50.
- ↑ 5.0 5.1 5.2 "Employees First, Customers Second: Turning Conventional Management Upside Down". Harvard Business Review.
- ↑ "Vineet Nayar, Vijay Govindarajan among eight Indians in world's top 50 thinkers". The Economic Times. 21 November 2011.
- ↑ 7.0 7.1 Koppisch, John (31 May 2013). "48 Heroes Of Philanthropy". Forbes.
- ↑ 8.0 8.1 "Vineet Nayar, Adar Poonawalla among 5 Indians who feature in Forbes Asia's Heroes of Philanthropy list". The Financial Express. 7 July 2016.
- ↑ Koppisch, John (4 August 2016). "Asia's 2016 Heroes Of Philanthropy". Forbes.
- ↑ 10.0 10.1 10.2 10.3 10.4 10.5 10.6 Raghunathan, Anu (28 July 2016). "India's Vineet Nayar Seeks To Transform Primary Education With A $100 Million Philanthropic Outlay". Forbes.
- ↑ 11.0 11.1 11.2 Singh, Ronendra (12 March 2018). "HCL Tech's turnaround man — Vineet Nayar". The Hindu Business Line.
- ↑ "The HCL Tech turnaround under former CEO Vineet Nayar". TechGig.com. 31 July 2019.
- ↑ "The latest in remote control". The Economist. 9 September 2004.
- ↑ Julka, Harsimran (1 July 2012). "HCL's Vineet Nayar: Maverick CEO of a maverick company". The Economic Times.
- ↑ "Vineet Nayar appointed to the board of directors of HCL Technologies". Domain-b.com. 1 August 2008.
- ↑ Singh, Shelley; Julka, Harsimran (24 April 2012). "Top three executives frontrunners for HCL Tech chief's job: Vineet Nayar". The Economic Times.
- ↑ Phadnis, Shilpa (18 January 2023). "Vineet Nayar's exit as HCL CEO raises questions". The Times of India.
- ↑ Barman, Arijit (23 July 2021). "Abhijit Sen, Sanjay Bhandarkar and Vineet Nayar set to join NSE board". The Economic Times.
- ↑ "HCL Technologies CEO, Vineet Nayar, conferred with the 'Leader in the Digital Age' Award at CeBIT 2011". HCL Tech. 2 March 2011.
- ↑ Singh, Shelley (13 August 2013). "How CEO-turned-philanthropist Vineet Nayar plans to reform teaching in Punjab's government schools". The Economic Times.
- ↑ 21.0 21.1 Nehru, Autar (November 2023). "Go-getting philanthropist: Vineet Nayar". Education World.
- ↑ Pal, Sanchari (21 March 2017). "How a Unique yet Affordable Tech Innovation Is Helping Govt Schools in Remote Villages Go Smart". The Better India.
- ↑ 23.0 23.1 "Vineet Nayar". The Economic Times. 22 November 2018.
- ↑ 24.0 24.1 24.2 "Vineet Nayar". Weforum.org.
- ↑ Khosla, Varuni (12 July 2016). "Vineet Nayar a sought-after mentor now, guiding no less than 18 startups". The Economic Times.
- ↑ "Vineet Nayar, DBA, Founder, Sampark Foundation, Former CEO, HCL Technologies". Questrom World.
- ↑ "Vineet Nayar Thinkers50 Profile". Thinkers50.
- ↑ "HCL CEO Vineet Nayar wins Digital Age Award". ciol.com.
- ↑ "Vineet Nayar – Recipient of Business HR Champion – HCM Excellence Awards 2011". Youtube. Archived from the original on 21 December 2021.
- ↑ "Your Executive Dream Team - Designated hitter: Vineet Nayar (8) - CNNMoney". money.cnn.com. Archived from the original on 15 May 2013. Retrieved 12 December 2025.
- ↑ Standard, Business. "SHRM India releases first ever report on top-20 Indian HR influencers on social media". Archived from the original on 19 December 2012. Retrieved 12 December 2025.
{{cite news}}:|first=has generic name (help) - ↑ "Winners of Lakshmipat Singhania – IIM Lucknow National Leadership Awards". NDTV. 9 December 2012.
- ↑ "Sushma Swaraj, Vineet Nayar in FP's Global Thinkers 2016 list". The Economic Times. 13 December 2016.
- ↑ "Top 30 Indian HR Influencers on Social Media" (PDF). Society for Human Resource Management. May 2018.
- ↑ 35.0 35.1 Linda A. Hill; Tarun Khanna; Emily Stecker (April 2009). Vineet Nayar at HCL Unstructure 2008. Harvard Business School Press.
- ↑ 36.0 36.1 V. Kasturi Rangan; Shweta Bagai (July 2017). "Sampark Foundation: Transforming Primary Education in India". Harvard Business School: 25.
- ↑ 37.0 37.1 Linda A. Hill; Emily Tedards (July 2020). "Vineet Nayar and Sampark Foundation: Frugal Innovation at Scale (A)". Harvard Business School: 33.
- ↑ 38.0 38.1 Linda A. Hill; Tarun Khanna; Emily Stecker (August 2007). HCL Technologies (A). Harvard Business School Press.
