<p>New Delhi: <a href="https://www.deccanherald.com/tags/infosys">Infosys</a> founder <a href="https://www.deccanherald.com/tags/narayana-murthy">Narayana Murthy</a> on Monday stressed the critical importance of businesses earning the trust and respect of their customers to thrive and generate profits.</p>.<p>During his five-day visit to <a href="https://www.deccanherald.com/tags/vietnam">Vietnam</a>, the IT industry veteran engaged in a chat with Vietnamese IT firm FPT's chairman Truong Gia Binh on a variety of subjects, ranging from the essentials of a successful business to Vietnam's potential to become a developed country in the coming years.</p>.IT industry veterans Narayana Murthy and Kris Gopalakrishnan bat for increased funding for research.<p>Reflecting on Infosys' longevity, he recounted how, since its inception, his company's goal has been to earn respect rather than just pursue profitability.</p>.<p>Murthy said he and his team were determined to make Infosys the most respected company in India.</p>.<p>"Respect from customers translates to profitability and attracts top talent...if you want to invest in the long term, businesses need to achieve this," Murthy said.</p>.<p>He added that many successful business persons around the world give up to 75 per cent of their shares to junior employees, a practice that Infosys also follows.</p>.<p>In addition to leaders providing benefits to subordinates, Murthy said employees themselves need to respect and preserve the company's assets.</p>.<p>He further said businesses must create favourable conditions to retain employees for the long term.</p>.<p>"In my opinion, money is not the most important thing, but human resources want respect and appreciation for their abilities," he added.</p>.<p>Expressing his confidence in Vietnam's potential, Murthy said Vietnam is poised to become one of the leading developed countries in Asia.</p>.<p>"Vietnam will bring prosperity to its people faster than many other countries in Asia. I have no doubt about your development in the future," he noted.</p>.<p>Murthy also met Vietnamese Prime Minister Pham Minh Chinh, who said India is a top priority in Vietnam's foreign policy. </p>
<p>New Delhi: <a href="https://www.deccanherald.com/tags/infosys">Infosys</a> founder <a href="https://www.deccanherald.com/tags/narayana-murthy">Narayana Murthy</a> on Monday stressed the critical importance of businesses earning the trust and respect of their customers to thrive and generate profits.</p>.<p>During his five-day visit to <a href="https://www.deccanherald.com/tags/vietnam">Vietnam</a>, the IT industry veteran engaged in a chat with Vietnamese IT firm FPT's chairman Truong Gia Binh on a variety of subjects, ranging from the essentials of a successful business to Vietnam's potential to become a developed country in the coming years.</p>.IT industry veterans Narayana Murthy and Kris Gopalakrishnan bat for increased funding for research.<p>Reflecting on Infosys' longevity, he recounted how, since its inception, his company's goal has been to earn respect rather than just pursue profitability.</p>.<p>Murthy said he and his team were determined to make Infosys the most respected company in India.</p>.<p>"Respect from customers translates to profitability and attracts top talent...if you want to invest in the long term, businesses need to achieve this," Murthy said.</p>.<p>He added that many successful business persons around the world give up to 75 per cent of their shares to junior employees, a practice that Infosys also follows.</p>.<p>In addition to leaders providing benefits to subordinates, Murthy said employees themselves need to respect and preserve the company's assets.</p>.<p>He further said businesses must create favourable conditions to retain employees for the long term.</p>.<p>"In my opinion, money is not the most important thing, but human resources want respect and appreciation for their abilities," he added.</p>.<p>Expressing his confidence in Vietnam's potential, Murthy said Vietnam is poised to become one of the leading developed countries in Asia.</p>.<p>"Vietnam will bring prosperity to its people faster than many other countries in Asia. I have no doubt about your development in the future," he noted.</p>.<p>Murthy also met Vietnamese Prime Minister Pham Minh Chinh, who said India is a top priority in Vietnam's foreign policy. </p>