Indian Ethos

1. Dr. Chitrasen Gautam
Asst Prof, IMS MGKVP

2. 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.

3. 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

4. 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.

5. 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

6. 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

7. 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.

8. 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.

9. Relationship in Work place
 SUPERIOR
 CO-WORKER
 SUBORDINATE
 TRAINEE

10. 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

11. 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.

12. 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

13. 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

14. Effects of Ethical behavior
 Individual, work teams and organization
 Establish good image of organization
 Draw good response from customer
 Satisfaction to customer

15. 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

16. THANK YOU