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INDIAN ETHOS IN MANAGEMENT

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OVERVIEW <ul><li>Introduction </li></ul><ul><li>History of IEM </li></ul><ul><li>6 Principles of IEM </li></ul><ul><li>Indian Model of Corporate Development </li></ul><ul><li>Corporate Social Responsibility </li></ul><ul><li>Spirituality and Management </li></ul><ul><li>Learning IEM </li></ul><ul><li>Relevance in today’s context </li></ul><ul><li>Conclusion </li></ul>

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INTRODUCTION <ul><li>What are ethos? </li></ul><ul><li>Indian ethos and management </li></ul>

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HISTORY OF EVOLUTION OF IEM <ul><li>Phase 1 </li></ul><ul><li>Phase 2 </li></ul><ul><li>Phase 3 </li></ul>

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6 PRINCIPLES OF IEM <ul><li>1. The Basic Principles: </li></ul><ul><li>a) Tat Tvam Asi: You are That (Supreme) - Everybody can make himself a Genius. </li></ul><ul><li>b) Aham Brahmasmi: I have immense potential. I can make the impossible possible. </li></ul>

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<ul><li>2. Why Work? Atmano Mokshaya Jagat Hitaaya Ca: - For my personal growth - For the Welfare of the World </li></ul><ul><li>3. What is work? a. Yagnayacharatah karma: Work is to be done with the spirit of Yagna (Teamwork, Selflessness). </li></ul><ul><li>b. Parasparam Bhavayantah: Nurture each other (Win-win approach). </li></ul>

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<ul><li>4. How to work? Seva + Tyag: Serve others. Give your best for the good of others (CSR) </li></ul><ul><li>5. Spirit of Work: Yogah Karmasu Kaushalam: Dexterity & Excellence in action is Yoga. </li></ul>

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<ul><li>6. The Resources: </li></ul><ul><li>a) Sukshma or the subtle subjective, intangible factors are equally important than sthula or gross, concrete, objective, tangible factors. </li></ul><ul><li>b) Karma-Kshetra is Dharma-Kshetra-implies that one should treat the workplace as sacred and keep it clean and bring in orderliness and cleanliness. </li></ul>

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AVOIDANCE OF EXTREMES ORGANIZATION AS FAMILY HUMAN WELFARE (LOKSANGRAHA) SHUBH-LABH NISHKAMA-KARMA WORK IS WORSHIP SELF- DVELOPMENT INDIAN MODEL OF CORPORATE DEVELOPMENT

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CORPORATE SOCIAL RESPONSIBILITY <ul><li>Obligation to act in a manner that serves interests of the society </li></ul><ul><li>Examples- </li></ul><ul><li>Infosys Foundation </li></ul><ul><li>Tata Memorial Centre </li></ul>

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SPIRITUALITY AND MANAGEMENT <ul><li>What is Spirituality </li></ul><ul><li>Indian ethos and spirituality </li></ul><ul><li>- Upanishads </li></ul><ul><li>- Gita </li></ul><ul><li>Relevance of workplace spirituality in today’s context </li></ul><ul><li>Spirituality and organizational behavior and organizational performance </li></ul>

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LEARNING IEM <ul><li>MBA institutions-IIM, SCMHRD,TISS etc </li></ul><ul><li>Institutions have emerged to provide knowledge to managers on IEM. Eg-Sri Sringeri Sharada Institute of Management (SriIIM) </li></ul><ul><li>Instilling Indian values in a company’s culture. Eg-Wipro </li></ul>

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RELEVANCE IN TODAY’S ORGANISATION <ul><li>“ Ethics creates the Energy, which creates Excellence, which builds the Economy without disturbing the Ecology”. </li></ul><ul><li>Wipro </li></ul><ul><li>Excel Industries </li></ul>

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CONCLUSION <ul><li>Each and every situation can be met with effectively if one takes time to reflect over it. Reflection with a tranquil mind helps in drawing out solutions from within. </li></ul><ul><li>It leads to a more coherent and complete understanding. </li></ul><ul><li>People are now realizing that Morals are more important than money, materials, marketing and management. </li></ul>