Transcript indian ethos and insights

MODULE ONE
Ethics culture and values,
Importance of culture in org,
Indian ethos and value systems,
concepts of dharma, Nishkama karma and purusharthas;
Model of management in Indian socio political environment .
Work ethos Indian heritage in production and consumption
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indian ethos and business
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indian ethos and business
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N Murthy to head ethics council
BS Reporter / Mumbai February 12, 2009, 0:53 IST
Taking a cue from the recent Satyam Computer Services
fraud case that has hit the corporate image of India, software
body Nasscom announced the formation of a Corporate
Governance and Ethics Council today.
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ETHICS
Ethics is a set of standards, or a code or value system,
worked out from human reason and experience,
by which free human actions are determined as
ultimately right or wrong, good or evil
If an action agrees with these standards, it is ethical;
if not , it unethical
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MORALITY
the standards that
an individual or
a group
has about what is
right and wrong or
good and evil
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MORAL STANDARDS
The norms about the kinds of actions believed to
be
morally right and wrong
as well as the values placed on the kinds of
objects believed to be
morally good and morally bad
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BUSINESS ETHICS
a specialised study of
moral right and wrong
that concetrates on moral standards
as they apply to business institutions,
organisations and behavior
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ARGUMENTS AGAINST…………….
in a free market economy, the persuit of
profit will ensure maximum social benefit
a managers most important obligation is to
the company
Business ethics is limited to obeying the law
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ARGUMENTS SUPPORTING ETHICS
ethics applies to all human activities
business cannot survive without ethics
ethics is consistent with profit seeking
customers and employees care about
ethics
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RABINDRANATH TAGORE
The moral side represents training of unselfishnesss, control desire, the
spiritual side represents sympathy and love. They should be taken
together and never seperated
We long for things not because they are great in themselves, but
because they are great in themselves, but because our greed
exaggerates them………These exaggeratins ……..break harmony of our
life at every step, we lose the true standards of life
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VIVEKANANDA
all the secrets of success is there to pay as
much attention to the means as to the end
Ethics itself is not the end
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MAHATMA GHANDHI
honesty is the best policy
trusteeship
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SRI AUROBINDO
the kernel of the true ethical being remains the
same will, character, self discipline, self
mastery
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PURUSHARTHA
These four steps are Dharma, Artha, Kama and Moksha.
The word Dharma means that which holds society and the world.
By following its rules, one becomes virtuous.
For our purpose we may describe Dharma as right conduct.
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By Artha we mean wealth, family, friends, education etc.
These should be earned in the right way. That can be
done only by following the rules of Dharma.
If we observe Dharma in the right way, we earn the right
kind of Artha. The first leads to the second.
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Kama means desire or love. This desire should be
moral.
If we practise Dharma and earn Artha in the right
way, our Kama too will be of the right type
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Moksha is the last step in the journey of man’s life.
The first three steps will naturally lead to the last step.
If, however, we make a mistake in the earlier steps, we will not reach the
last step.
The word Moksha means liberation. A person who is liberated has no
further birth or death.
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So, he need not suffer the pains and enjoy
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ISSUES IN BUSINESS ETHOS
Objectives of business
Owners of business
Customers
Employees
Creditors
Government
Competitive institutions
Local community
National interest
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ISSUES IN BUSINESS ETHOS
Objectives of business
maximum profit, reasonable profit
social, human and national ,
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ISSUES IN BUSINESS ETHOS
Owners of business
investment on profitable project
risk in establishing new business
safeguard interest of minority shareholders
info to every member of the progress
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ISSUES IN BUSINESS ETHOS
Customers
quality, price and usability
purity and safety
pricing of goods
correct measure and weight
protection of consumer right
warranty
misleading ad and publicity
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ISSUES IN BUSINESS ETHOS
Employees
appointment
promotion
transfer
security
training and development
wages and salaries
labour welfare
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ISSUES IN BUSINESS ETHOS
Creditors
utilisation of loans on profitable schemes
observation of terms and conditions of loan
maintaining of proper accounts of loan
timely payment of interest
timely repayment of loans
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ISSUES IN BUSINESS ETHOS
Government
payment of taxes
proper assessment of taxes
implementing government policies
maintaining proper accounts
donation to political parties
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ISSUES IN BUSINESS ETHOS
Competitive institutions
while criticizing the policies of competing
institutions ethical considerations are
necessary
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ISSUES IN BUSINESS ETHOS
Local community
health, education, living standards (coke, tata)
waste disposal
social welfare and community development
environment protection
priority in employement
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INDIAN ETHOS AND INSIGHTS
Divinity of human being
Balance
Individual
Divine element in individual
Based on scriptures
Emphasis on values, human and ethics
Emphasis on duties and responsibilities
All work is worthy
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INDIAN ETHOS AND INSIGHTS
Divinity of human being
one can be a perfect being
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INDIAN ETHOS AND INSIGHTS
Balance
desire and desirelessness
even a king be the knower of reality eg Janaka
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INDIAN ETHOS AND INSIGHTS
Individual
if you are good world is good
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INDIAN ETHOS AND INSIGHTS
Divine element in individual
individual is a portion of cosmic consciousness
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INDIAN ETHOS AND INSIGHTS
Based on scriptures
veda,
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INDIAN ETHOS AND INSIGHTS
Emphasis on values, human and ethics
knowledge is not power but character
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INDIAN ETHOS AND INSIGHTS
Emphasis on duties and responsibilities
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INDIAN ETHOS AND INSIGHTS
All work is worthy
work is worship
Vyadha Gita
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Model of management in Indian socio political environment .
the most important tenets of Indian model
HUMAN VALUES
HOLISM
There are three types of moral theories in ethics
utilitarian : greatest good for greatest number
all people have basic rights
theory of justice
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Business Ethics:
Five part structure
the specification of moral judgment
moral judgment and moral standard
justification of moral judgment
logical reasoning and moral judgment
moral judgment and moral responsibility
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Relevance of value in Management;
dharma or divine nature –
east
Values
integrity - west
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Relevance of value in Management;
Integrity
wholeness
goodness
courage
self discipline
Dharma
spirit
righteousness (godliness)
fearlessness
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Values vs Skills
To become need value , to do we need skill
Becoming ( need value) must precede doing (skill)
Values are internal skill is external
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Why value based holistic management
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Value Driven Management
Managerial Effectiveness
Value orientation (is central)
Pure mind
Four traditional methods of mind purification
GYANA
Path of knowledge
Knowing self
RAJA
Path of mind control
meditation
BHAKTHI
Path of devotion
Self surrender
KARMA
Path of action
Selfless action
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Holistic Approach:
Based on
spiritual principle of unity, oneness, non dual
universe is undivided whole
entire humanity is ONE
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Ethical relativism
morality is just function of what a
particular society happens to believe
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Ethics Management
•A helping hand rather than accusing finger
•Prevention rather than repression
•Tailor made approach rather than uniform approach
•Process orientation rather than product orientation
•Evolving rather than starting from nothing
•Integrated effort rather than fragmented effort
•Continuing attention rather than single
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Role of organisational culture in ethics
Tool to promote ethical corporate behavior
fostering core values based on ethics
focus on dominant beliefs
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Structure of ethics management
Control
Guidance
Management
Legal framework (weak)
Leadership based on service
Adaptable, flexible
organization
Internal policies (informal)
Formal & informal
socialization
Practices, traditions evolved
by adaptation
Shared values
Ethical analysis skills
The elements of ES according to their function in a Mexican NPO
http://soc.kuleuven.be/io/ethics/paper/
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Ethics committee
ethics steering committee for
ethics policy formulation
guidance
co ordination
up dating policy
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Communicating ethics
Communicating formal or informal
top management commitment , leadership
are communicated in many ways
speeches
directives
company publications
policy statements
most important actions
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Ethical Audit
Before launching on an audit
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Purpose
Type and topics
Context
Process
People
Analysis and reporting
Follow up
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Corporate governance
set of systems and processes
ensure that company is managed in the best interests
of stake holders
Social
responsibility
Business Ethics
Business Policy
Public Policy
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MODULE ONE
Ethics culture and values,
Importance of culture in org,
Indian ethos and value systems,
concepts of dharma, Nishkama karma and purusharthas;
Model of management in Indian socio political environment
Work ethos Indian heritage in production and consumption
indian ethos and business
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MODULE II
Business Ethics:
Relevance of value in Management;
Holistic approach for managers in decision
making
Secular vs spiritual values in management
Ethical relativism; whistle blowing;
Stress in corporate management
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MODULE III
Ethics Management
Role of organisational culture in ethics
Structure of ethics management
Ethics committee
Ethics Officers and the CFO
Communicating ethics
Ethical Audit
Corporative Governance
Transparency and International and other ethical
bodies
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