Business | Updated Jun 17, 2007 at 02:12pm IST

Murthy's mantra for excellence

ibnlive.com

New Delhi: NR Narayana Murthy, the Chief Mentor of Infosys and the poster boy of corporate India, has finally shared his secrets for corporate excellence.

"Fairness, transparency and accountability are the three pillars of corporate ethics which every company should adhere to," he said at a CII Governance Series event on ethics and values as corporate strategy in New Delhi on Wednesday.

He called these the "necessary ingredients" to keep investors on their side and urged Indian industry to adopt these three virtue in their working..

"Investors have many choices today and given that, they can move in a jiffy. So we have to satisfy the expectations and aspirations of the most stringent of investors and consumers," Murthy said

"Accountability is taking the bottomline responsibility and discharging it without fear or favour," he said, adding that to keep customers satisfied, companies have to conduct themselves in a 'trustworthy' manner.

Murthy said Indian companies were today not only competing between themselves but with global multi-national corporations.

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