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Ethical Organization - the India Way

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Ethical Organization - the India Way
Building Ethical
Business Organization
– The Indian Way

Presented by :
Sudeep Jaiswal
A 305, Gayatri Apartments
Sector 9 Plot 9, Dwarka
New Delhi – 110077
Mob. : +919999298833 e-Mail : sjaiswal.gvs@gmail.com

Ethics and It’s Genesis
The ancient philosophers, they grappled with three areas of enquiry – Satyam, Shivam,
Sundaram – Truth, Goodness and Beauty. From these came out logic, ethics and aesthetics.
While logic tries to answer the questions regarding something being true/ correct, aesthetics tries to judge a piece of beauty; Ethics address goodness – whether what we are doing is right. Business Ethics
To put it simply, business ethics is ethics applied in a business context.
Trends in Business Ethics
A survey conducted by Institute of Leadership & Management and Management Today magazine in Britain revealed that Employers put financial goals above ethical considerations and organisations operated less ethically than it did three years ago.
Building Ethical Business Organization
In Indian context, Bhagvad Gita Krishna outlined to Arjuna a system of ethics that has withstood the test of time. Krishna tells Arjuna not only how to build character but also the root cause of ethical failure and how to avoid it.
We need to have a multi-pronged approach to create an ethical organization.
1. Creating a structure and system to enforce ethical behaviour
2. Creating a system of reward within the organization to propagate ethical behaviour
3. Defining the ethos and principles of the organization - Consciousness Approach to
Management

Ethics in Business
Ethics or simple honesty is the building blocks upon which our whole society is based, and business is a part of our society, and it's integral to the practice of being able to conduct business, that you have a set of honest standards. And it's much easier to do business with someone when you look them in the eye and say, "This is what we're going to do," and you understand what you

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