We come to know about what is Gandhian Philosophy, Its effect and many more things.

1. GHANDHIAN
PHILOSOPHY
Presented by SAKHAM JAIN
BBA -1st year

2. What is Gandhian philosophy
and what are the role of
Gandhian Philosophy in
Business Ethics.
There are some questions that
we have to know

3. • This Philosophy provides an
interesting insights on how a
developing country like India
accepted the Gandhi
Philosophy in setting their
Business ethics .

4. Why Gandhian approach ?
• Gandhism is a body of ideas that
describes the inspiration, vision and the
life work of mohan das.
• A gandhian can mean either an individual
who follows, or a specific philosophy
which is attributed to, gandhism.

7. Words
Thoughts
Behaviour
Destiny
Habits
Values

13. 1.Two pillars – Trust and Non-
Violence
2. Benefit to society
3. Honesty is the best policy
4. Environmental approach
5. Advertising & Marketing
6. Exploitation of other countries

14. 1. Today many businesses are involved in
the social action.
2. A decision as to whether companies
should extend their social involvement
requires a careful examination of the
arguments for and against such actions.
INTRODUCTION

15. • In Webster‟s Dictionary,Ethics is defined
as “the discipline dealing with what is god
and bad and with the moral duty and
obligations.
• Corporate governance ( Rule maker)
must take consideration of ethical values
and social responsibility in Gandhian way.
In Harvard Busines.

16. As a guide to action, Gandhian philosophy
is a double-edged weapon. Its objective is
to transform the individual and society
simultaneously (rather than in sequence,
as Marxism describes), in accordance with
the principles of truth and nonviolence.

17. OBJECTIVES OF THE STUDY
To examine the Gandhiji‟s principle of
Trusteeship.
To study the relationship between
Gandhiji‟s views on labour management
relations
To Study the relationship between
Gandhian Philosophy of Wealth
Management.

18. Keywords:
• Wealth Management
• Labour Management Relations
• Trusteeship

19. • Individual has no right to individual property because
Resources must be utilized and held for the societal
benefits.
• Management of business has fiduciary
(responsibility)relations with stakeholders and they
work towards optimizing stakeholder value, not merely
maximizing shareholder value.
• They should also focus on social welfare and should
have focus on environmental issues also.
TRUSTEESHIP MANAGEMENT

21. Trusteeship:
1. Reduce inequalities
2. Change in attitude
3. Social pressure
4. Legal pressure
5. Socialism
6. Consider Social needs
7. Equal distribution of wealth
8. Earn money by hard work

23. Example 1. The wisdom of the Vedas and
Upanishads points towards holistic
progress, not fragmented
movement in which one section
gain at a cost to others.Moreover ,
the cycle of give and take is
explained at great length.
2. The Arthashastra of Kautilya and The Kural of
Triuvalluvar both describe the role of the king as
trustee, with respect to the citizens and the wealth
of the land.

24. Indian corporate leaders and Trusteeship:
• One of the most inspiring example of the corporate
Trusteeship in Infosys particularly from it former CEO
and chief minister Narayan Murthy in 2015 . Is rationale
for creating this company along with a small group of
people(better sharing of wealth in society), the
involvement of employees in the company’s fortunes
(through ESOPs) and his containment with a merely 7%
of company stock (he prefer it that way) reflect a deep-
rooted commitment towards Trusteeship.

25. • Other notable example include the house
of tatars with their corporatised initiatives
for the social corporate benefits; “The
Wipro cares foundation” with the
targeted Corpus of Rs 100 crores for
primary education; and the Birla
foundation with its focus on social
economic improvement in the lives of
the people touched by the corporation.

26. LABOUR MANAGEMENT RELATIONS
• My idea is that finance and labour must
supplement and help each other in harmony they
both should be a like great family living in
harmony and unity; management should not only
looking to the material welfare i.e.salary, wages,
social securities and industrial safety of the
labours, with moral welfare also. The capitalists
being trustees of the welfare of the labour
classes‟

27. • According to Gandhiji the trade unions to be
instrumental forworkers‟material, moral and social
development and empowerment”.
• They should be more focused on labour welfare .
• According to Gandhi ji a strike is an inherent or
constitutional right of the worker for the purpose of
securing justice and liberty.
• Gandhi Ji purposed Satyagraha if conflicts arises
between management and labour .they must not
considered a crime or mistrust and capitalists and
labour should accept the principle of trusteeship.

28. W e a l t h M a n a g e m e n t
• The Gandhian philosophy of wealth
management is based on the
principle that a wealthy man does
not truly have the right to hoard
wealth solely for the self ;the only
right he has is that to an honorable
livelihood.

29. Positive
• Be fair in dealing with internal and
external
1. Customers
2. Dealers
3. Employees
4. Financial institutions
5. Government
6. Agency
7. Shareholders
8. Suppliers
9. Society

30. • Be trustful in financial accounting
• Be trustful in reporting
communication with in the
organisation to
employees,managers,dealers and
suppliers

31. Negative
• It tolerates damages with the
environment
• Be silent spectator to the injustice done
to any sections of the society
• Violate the rights of all employees and
preempt workplace harassment

33. Thank you
Presented by :
Saksham jain