Indian Ethos and Values

Dr. Chitrasen Gautam

Asst Prof, IMS MGKVP
Syllabus
Unit-I Introduction to Business Ethics, Business Ethics &
Management, Morals & Values, Relevance of Value in
Management, Work Ethos, Trans-Cultural Values in
Management, Need for Values in Global Change, a Holistic
Management System, Management in Indian Perspective.
Unit-II Gandhian Approach in Management and
Trusteeship, Gandhian Economic System, Inequality of
Income, Self-Sufficient Economy, Decentralization,
Promotion of Village & Cottage Industry, Impact of Village
& Cottage Industry on local economy, Role of MSME in
promotion of local industries.
Contd…
Unit-III Ethical responsibility-business & ethics
interface, Ethical theories, planning, organizing and
communicating with ethics, Ethics compliance
management system, Ethics Compliance Standard
2000.
Unit-IV Corporate Social Responsibility & Business
Ethics-concepts, Conflicts & Contemporary Thinking,
Role of Corporation as part of Community-basic
Human Rights, Constitutional Obligations, Social
Practice
Ethos vs. Ethics
Ethos is a discipline that examines one’s morality or
the moral standard of the society.
Where as ;
Ethics means expected standards in terms of your
personal and social welfare. It includes honesty,
morality, responsibility etc.
Components of Indian ethos
Indian believe:
Ego sublimation rather than ego assertion
Sacrificing spirit rather than fighting spirit
Team achievement rather than individual achievement
Spiritual attainment rather than material prosperity
Self control rather than outside control
Concept of duties rather than concept of rights
Yielding rather than dominating
Concern for this age world and improvement
Respect for and search for all truth whatever be its source
Business ethos principles practiced by
Indian Companies
1. Principle of `sacrifice’
An individual is trained by the principle of `sacrifice’ through the process of
`give and take’ policy. A person, who is willing to sacrifice part of his bread
or effort, commands a superior place in the organization.
2. Principle of `harmony’
An individual is trained in such a way that to avoid conflicts and friction
one should be guided by certain set of moral conducts and principles.
3. Principle of `non-violence’
This principle protects an organization from strikes and lockouts and
unnecessary avoidable conflicts. Indian companies are guided by certain
rules of conduct in the form of ethical and moral standards. Some of the
business ethos principles, practiced by Indian companies are listed below
Contd…
4. Principle of `reward’
The one who performs well are encouraged to do so. This implies that the
activities of individuals need to be monitored and encouragement in the form
of `rewards’ may cultivate the spirit of higher productivity among groups.
5. Principle of `justice’
The one who works hard is `rewarded’ and the one who fails to do so is
`punished’. This is essence the principle of Justice.
6. Principle of `taxation’
The one who is taxed more is encouraged to stay fit for a longer period by
proper appreciation and encouragement. This principle applies to individuals
who are hardworking and productive.
7. Principle of `Integrity’
An integrated mind is more productive. Groups are encouraged to stay united
in order to reap the benefits of division of labour.
Application of Indian Ethos to Management
 Indian ethos provides that „Business‟ need not be
regarded evil, tainted and unethical. Business is sacred.
It is a matter of attitude, approach and level of
management consciousness. One can do business, make
money, earn profit, build up property and even then it
can be managed with due recognition to human and
ethical values and respecting all persons in the
enterprise and in the society as human beings.
Indian ethos demands subjective management system,
giving due importance to virtues like compassion,
honesty, co-operation etc.
Relationship in Work place
SUPERIOR
CO-WORKER
SUBORDINATE
TRAINEE
As a Superior
Follow Equality
 Respecting human rights
 Setting and maintaining proper code of conduct
Working ethically
Encourage group contribution in decision making,
planning procedures
Creating atmosphere of trust
Proper communication with subordinates
As a co-worker
Respecting each other
Proper communication with co-workers
Following the organization’s rules and regulations
Supporting and helping each others
Having clear understanding of each other’s
responsibility in organizations
Participate in group activities.
As a subordinate
Clear understanding of instructions
Communicating properly with the superiors
Following proper code of conduct
Being faithful in duty and responsibility
Participating in decision making (group) process
As a trainee
Proper understanding of your goals
Proper learning
Attaining adequate knowledge about the organization
Being honest
Communicating with the members of the
organization
Effects of Ethical behavior
Individual, work teams and organization
Establish good image of organization
Draw good response from customer
Satisfaction to customer
Role of Government
Protecting environment
 Labor law
 Welfare of employees
 Maintaining relationship between industries
 Maintaining relationship between industries and
society
 Welfare of the whole nation
THANK YOU