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The Universal Manager
 widespread Pervasive all encompassing


             total  Whole  Integral

Universal
             complete  absolute  utter  thorough


             unanimous undisputedacknowledged  unquestionable
Arrangement of this Presentation
 [“Value” is the driving force ]


 Education (‘Educare’)

 Manager (‘Human Values’)

 Business     (‘Value’ based)

 IIA Code of Ethics
Value based Education
* SECULAR                 # ‘ EDUCARE’ –
  EDUCATION                 TRUE EDUCATION

 Collection of facts &    Deep understanding &
  knowledge                 assimilation of knowledge
 Earning degree for
  livelihood               Life
 Getting & forgetting     Giving & forgiving
 Establish ‘rights’       Discharge responsibility to
                            society
 Not visible              Self confidence
                           Learn self-sacrifice
                           Self discovery
                           Spiritual uplift
EDUCATION                               EDUCARE

      Taste less                                        Sugar
       water                                          (Divinity)


   Stirring                  TUMBLER
   Process                                               Spoon
   (Enquiry)                    (Heart)
                                                     (Intelligence)

                          Sweetened Water
                          (all pervasive divinity)
                        TRUE WISDOM
                      (Unity of all creation)
(This recognition of Unity in multiplicity is the ultimate goal of education)
Proceed from

              Superficial Knowledge
                          To

                 General Knowledge
                          To

             Discrimination Knowledge

                        To
          Changeless Practical Knowledge

               (This is ‘WISDOM’)
[where in heart is filled with compassion, becomes
 sacred and aspires for the welfare of one and all.]
Value based Manager
ROLES THAT A MAN PLAYS

                     Husband




  Son
              Wholesome Personality

                  Complete Man
Citizen                                 Manager
               Integrated Personality
Universal Manager

M - Mind of Man

A   - Awareness of “Atma”

N   - Nature of Nation

A   - Aspects of Environment

G   - Guidelines of Goodness

E   - Enquiry of Ethos

R   - Role of Rules
“M”

                      Mind of Man

As distinct from animal mind, devil mind, evil mind

Conglomeration of thoughts  induce actions 
  results are joys & sorrows

What types of thoughts and deeds should man develop?

Human qualities – Truth, love, patience, sacrifice,
  compassion etc.

Unity of thoughts / words / deeds
Synchronisation

Without these ‘Values’              With these ‘Values’


        Thought

                                        Thought

                         Deed
 Word                              Word           Deed
“A”
                  Awareness of ‘Atma’

Awareness is ‘Atma’ and ‘Atma’ is awareness

One says ‘there is a snake’ - it means he has said it with
  ‘full’ awareness. There is no doubt whether it is a
  snake or a rope.

‘NARAHA’ (man)

 NA-RAHA (No destruction) [that which cannot be
  destroyed]
( Recognising of the all pervasive ‘Atma’ is awareness)
3 ASPECTS OF “SELF’ CONCEPT



BODY   * What you think you are      -> Body Personality


MIND   * What others think you are -> Individualized Self


SOUL   * What you really are         -> Universal Soul




               ‘Atma’ Principle
BODY, MIND & SOUL
                                        MIND - (nearer to SOUL -Controlled by ‘Intellect’)
                                                                                                      Meeting Point
                                                                                                      of Body, Mind
                                4   ……………………………………….                 ______________________________   & Soul -Merge
                                    ……………………………………….
Towards Intellectual Thinking


                                    ……………………………………….                 ______________________________   with Paramatma
                                    ……………………………………….                 ______________________________
                                    ……………………………………….
                                3   ……………………………………….                 ______________________________
     (Soul Searching)




                                    ……………………………………….
                                    ……………………………………….
                                                                     ______________________________         SOUL
                                    ……………………………………….                 ______________________________
                                    ……………………………………….
                                2   ……………………………………….
                                                                     ______________________________

                                                                     ++++++++++++++++++++++++++++
                                    ______________________________   ++++++++++++++++++++++++++++
                                    ______________________________   ++++++++++++++++++++++++++++
                                                                     ++++++++++++++++++++++++++++
                                    ______________________________
                                1   ______________________________
                                                                     ++++++++++++++++++++++++++++
                                                                     ++++++++++++++++++++++++++++
                                                                     ++++++++++++++++++++++++++++
                                    ______________________________   ++++++++++++++++++++++++++++
                                    ______________________________   ++++++++++++++++++++++++++++
                                0   ______________________________
                                                                     ++++++++++++++++++++++++++++


                                                1              2                  3              4

                                                       BODY          MIND (Nearer to BODY- dictated by ‘Senses’)
“N”

                    Nature of Nations

Each country has its own nature

Nature of Nation should be reflected in the Business
  relationship

Speak truth, follow the path of ‘Dharma’
  (Righteousness), live with integrity & morality

From where can we get this kind of nature?

 M..A..N. (combination of Mind, Atma & Body)
“E”

                 Aspects of Environment

Environment concerning man (Political, Spiritual or
  Physical)

Environment related to Business and its activities

Environment suited to man and which fosters human
  nature - ie. good company. (Absence of this, man will
  become an animal / demon)
“G”
                  Guidelines of Goodness
Pure feelings should come from our hearts as guidelines
 (ie. conscience)
“Conscience” is God. (Atma) - ‘SWABHAVA’ (Natural
 Feeling)-- ‘SWA’ - means Atma .
Enquiry into origin of ‘Conscience’ leads to
 ‘consciousness’ (conscience is with in oneself while
 consciousness is everywhere)
Whatever feelings we get, if we discriminate between
 good & bad, right & wrong and then follow it that itself
 becomes goodness.
Essence & Nature
Human Values      Watch Your          of Human Beings
                                          (sheaths)
    Truth            Word
   (Satya)                                Intellect
                                  (Sense of discrimination)
 Righteousness
    (Dharma)         Act              Physical (Body)

      Peace          Thought          Emotion (Mind)
     (Shanti)

       Love           Character           Psychic
     (Prema)                          (Energy / Breath)

  Non-Violation      Heart               Spiritual
    (Ahimsa)
                                       (Divine ego)
“E”

                      Enquiry of Ethos

Ethos - has come from ‘ITIHASA’ (History)

History of those noble men - who followed morality &
  truth without giving up integrity

Chatrapati Shivaji - did not have any want - financial,
  physical, spiritual why did he follow ‘Samartha’
  Ramadoss ?

By following people of integrity & ideal, their qualities
  are reflected in our lives.
“R”

                      Roles of Rules

Without violating, changing, manipulating or creating
  any conflicts in conscience, rules should be followed

Recognise the course for any change in environment (If
  we change quality of materials, market changes)
Who is an “UNIVERSAL MANAGER” ?



Person who understands the essence of these seven
principles becomes an “Universal Manager”

                   FOUNDATION


           Enquiry—Practice---Experience
LET’S SEE
 WHAT THE GREAT TAMIL POET

     THIRUVALLUVAR

      HAS SAID ABOUT

THE QUALITIES OF A MANAGER
MANAGERS SHOULD
 RESPECT THE LEADERSHIP

 HAVE HIGH / EXCELLENT THINKING

 BE A GOOD MINISTER OR ADVISER

 BE EFFECTIVE IN EXECUTING THE PLAN

 HAVE PERSEVERANCE (STEADFASTNESS OF
 PURPOSE)

 FINISH THE TASK UNDERTAKEN

 BE GOOD AT DELEGATING (ACT OF ENTRUSTING
 POWER)
Managers’ quality of “respecting” the leadership

 இளையர் இனமுளையர் என்று இகழார் நின்ை
 ஒைி யயா டு ஓழுகப்படும்          மன்னளைச் யேர்ந்து ஓழுகல்




 ேிலர் எம்ளமக் காட்டிலும் இளையர் என்றும் எமக்கு இன்ன
 முளையிளன உளையரைன்றும் அவமதியாது அவைது
 நிளலக்குப் ரபாருந்த ஒழுகயவண்டும்




“The follower should behave and act in such a way that no
disrespect is shown to the ‘leader’, because he is younger or
he is related”
Managers’ quality of “respecting” the leadership




“Doing things which are not within one’s authority because
the leader is a close friend / associate will bring only bad and
worthless results”
Manager should have “high” thinking




Always one should think “high”. Even if he is not able to
achieve this excellence, the ‘very thought’ will be considered
equivalent to the achievement one could have got by putting
all his efforts.
Manager should be a good “minister”




                                                      -«¨ÁîÍ




Definition of a ‘minister’ or an ‘adviser’:
“One who analyses the work well, does the same with an aim to
complete it and also when in doubt, has boldness in talking”.
Manager’s ability to execute the plan




“It is easy for a person to tell in an orderly manner what he
will do and how he will do. But it is difficult for everybody to
carry out the same in that order”.
“Perseverance” – an important quality for the Manager




“Even if one’s endeavour did not yield the desired results due
to some destiny, the strain & stress put in by him in that effort
will certainly pay him back. That will not go waste.”
Managers ability to finish the task that he has undertaken




“Having started the work, seeing that through until the end is
considered braveness. If one quits in the middle, it will bring
unhappiness.”
Manager’s delegating ability




“After analysing well that “this person can only complete this
job in this manner” and also after making sure that all these
‘three’ elements coexist , then the work should be entrusted to
that person.”
Manager’s delegating ability




“If one analyses and decides that ‘he’ is the right person who
could do his job, then that person (who decides to entrust the
work) should make (help) the other person raise to that
perfection.”
Manager’s delegating ability




“It is wise to leave the work to that person who has these four
qualities viz., love, knowledge, desirelessness, and
unperturbed /unagitated mental attitude.”
Manager’s delegating ability




“It is not appropriate to entrust a job to a person because he is
a ‘lovable’ person, but he should be one who is capable of
withstanding all odds and also understanding as to how to go
about doing that job.”
Value based
Business / Management
Value based Business

The life breaths of business

The Human element
    Attitude based costing (ABC)
    Business - Process reengineering (BPR)
     (Self reform before business reform)
    ‘Creative’ market
    International Marketing
     (Avoid ‘shady’ deeds)
    Total Quality Management
      (Mental quality before material quality)
‘Attitude’ based Costing
 Manufacturers should not adopt questionable means in the
  manufacturing process to enhance profit.

 It is not proper to sacrifice consumer interests for the sake of
  profit maximisation

 Cost should be reduced without compromising on quality

 Business should be based on the principle of fair exchange

 Part with fair amount and get worthy product

[ If a devotee offers an unconditional / pure and
  steady love, “God” will also bestow full
  grace]
Business Process Re-engineering
(“Self reform” before business reform)

It is not possible to reform anything without first
  reforming one’s own self

‘Veda’ is the source of business, education,
  employment, cultivation etc.
‘Creative’ Marketing

“Create” Market for products / services which are
  not in existence so far

‘Indigenisation efforts’ should be taken

‘Human element’ predominant in creative marketing
What is a ‘Market’?

 ‘Market’ is one which provides to the
  customers all their requirements.

 Man (Customer) needs air for survival and

  wherever he goes it is made available.

 The Almighty God (Business owner) who is

  ‘omnipresent’ arranges for it.
‘International Marketing’

Foreign exchange transactions will have to be
  managed with a great deal of prudence

Shady deals will have to be shunned at all costs and in all

  circumstances.

Intermediaries (middle men) change the complexion
  of marketing by questionable practices. Their influence

  should be reduced.
‘Total Quality Management’
Give importance to ‘mental’ quality besides
  material quality
Mental quality ensures material quality as everything
  around is the reflection of the mind
Manager should not confine himself to air-
  conditioned office. He should cultivate the art of
  managing by walking around (MBWA)
Manager should internalise the formula: “Be good,
  Do good & Tell good.”
Managers should have compassion and forgiveness
A Business Organistion

     is to be treated as a

          TEMPLE

where in the entire work force
  by means of sincere work
      offers worship to

            GOD
‘Learn from the “The Limited Company” called ‘MAN’

   ‘MAN’ is a Limited Company
    (In the body, there is a limit for everything)
    ‘Buddhi’ (Intellect) is the Managing Director
    ‘Mind’ is the Manager
    They ‘communicate’ well with every part of the body
      (ie. proper understanding)
    Any disequilibrium in the balancing act of body, life
      will be thrown out of gear. (Cycling, Walking,
      Speaking etc)
‘Learn from the “The Limited Company” called ‘MAN’


 Workers are like organs of a body & the proprietor,the heart

 If there is no heart, the organs cannot function

 Link between heart & organs is the blood

 Blood passes through the lungs (Managers) & finally to the
   heart (proprietor)

 Lack of co-ordination leads to numbness in

    the body (Organisation)
ON BUSINESS ETHICS
“ARTHASASTRA”

“The fundamental principle of economic
               activity
 is that no man you transact with will
                lose,
         then you shall not”
(In business, if one safeguards others’ ‘goods’ as his own goods
and conducts his business, then this will be considered as a
good business.)
‘Business & Ethics’
Develop & foster purity of heart -

      Daiva Preethi’ (Love for God) &

      ‘Paapa bheeti’ (Fear of sin)

       Business men, Lawyers, Doctors’ Judges,

        Administrators, Politicians & Teachers

        [should conduct themselves according to the code]
‘Work Ethics’ - Duty to God

(Need for understanding Indian Culture & values and
integrating them in the study of management)

Culture:

 Anything that is processed is called cultured. Process
  by which you transform an object from raw form to a
  particular form, which is useful & has a value

Balanced Business:


 Entire life is based on balance. Foster and develop this
 balance properly
Value based guiding principles of Management
Practice ‘oneness’ while working - Regard work as
  Divine - then work will be transformed into worship
‘Information’ should lead to ‘transformation’
Practice everything you expect others to implement in
  their work
Past is past, future is not certain, present is not ordinary
  present but ‘omnipresent’, use it well. (Past & Future
  are akin to a ‘tree’ and present is to a ‘seed’)
Essence of all values is ‘love’. Love everybody
Character is very important for managerial excellence.
‘Knowledge - Skills - Balance’


 Transform “Knowledge” into “Skill”


 When there is a proper balance, our vision
turns inward. (Misused / wrongly used
knowledge means ‘killing’ the knowledge and
causing imbalance)
Our Values and Beliefs


• Adhere to ethical norms in all dealings with
  shareholders, employees, customers, suppliers,
  financial institutions and government.
• Provide value for money to customers through quality
  products and services.
• Treat our people with respect and concern; provide
 opportunities to learn, contribute and advance;
 recognise and reward initiatives; innovativeness and
 creativity.
Maintain

   - An organisational climate conducive to trust, open
     communication and team spirit.
   - A style of operations befitting our size, but
     reflecting moderation and humility.
• Manage environment effectively for harnessing
  opportunities.
• Discharge responsibilities to various sections of
  society and preserve environment.
• Grow in an accelerated manner, consistent with
  values and beliefs, by continuous organisation
   renewal.
PERSPECTIVE ON
    ETHICS
IIA CODE OF ETHICS
     [A document that is heavily tested.]
• These ethical obligations are important not
  only to internal auditors but also to all
  professionals both personally and
  professionally.

• Objectivity, integrity, confidential and
  disinterested use and protection of
  information and competence.
‘Perspective on Ethics’
1. Definitions
 Business ethics - an organisation’s policies and
   standards established to assure certain kinds of
   behavior by its members
 Individual ethics - moral principles and standards of
  conduct adhered to by an individual

2. Areas of Concern Regarding Business Ethics
 General business understanding of ethical issues
 Compliance with laws
 Conflicts of interest
‘Perspective on Ethics’

 Entertainment and gift expenses
 Relations with customers and suppliers (should gifts
   or kickbacks be given or accepted?)
 Social responsibilities
3. Factors that may lead to unethical behavior
 In any normal population, some people have less than
    desirable levels of ethics. If these people hold
    leadership positions, they may adversely influence
    subordinates.
‘Perspective on Ethics’
 Organisational factors
    Pressures to improve short-run performance may
      promote unethical behavior
    Emphasis on strict adherence to chain of
      command
     authority may provide excuses for ignoring ethics
     when following orders.
    Informal work-group loyalties may subvert ethical
     behavior
    Committee decision processes may make it
      possible
‘Perspective on Ethics’

 External factors
    Pressure of competition may compromise ethics in
     the interest of survival.
    Wrongful behavior of others may force a
      compromise of ethics
    Definitions of ethical behavior may vary from one
     culture to another. For instance, bribes to overseas
     officials or buyers may be consistent with some
     countries’ customary business practices
‘A. Perspective on Ethics’
 General Guides to Ethics
    Golden Rule - Do unto others as you would have them do
      unto you.
    Maximise good - Act to provide the greatest good for the
      greatest number
    Fairness - Act in ways that are fair or just to all
     concerned.
    Maximise long-run outcomes - Act to provide the best
     long-range benefits to society and its resources
    General respect - Act to respect the planet and the rights
     of
‘Perspective on Ethics’
 Simplified Criteria for Evaluating Ethical Behavior
   “Would this behavior be acceptable if people I respect
     knew I was doing this?”
   “what are the consequences of this behavior for myself,
     other employees, customers, society?”
 Ethics are individual and personal, influenced by
   Life experiences (rewards for doing right, punishment for
     wrong)
   Friendship groups (professional associations, informal
     groups)
   Organisational pressures (responsibilities to superiors and
     the organisation)
‘Perspective on Ethics’
 Codes of Ethical Conduct
    An organisation’s code of ethical conduct is the
     established general value system the organistion wishes
     to apply to its members’ activities by
       Communicating organistional purposes and beliefs
       Establishing uniform ethical guidelines for
        members
        [Including guidance on behavior for members in
        making decisions]
    Because laws and specific rules cannot cover all
     situations, organisations benefit from having an
     established ethical code.
‘Perspective on Ethics’
    The code,

   Effectively communicates acceptable values to all members
    [including recruits and subcontractors]
 Provides a method of policing and disciplining members for
  violations,
   through formal review panels
   through group pressure (informal)
 Establishes high standards against which individuals can
  measure their own performance
 Communicates to those outside the organisation the value
  system from which its members must not be asked to
  deviate
‘On Ethics’
 Ethical dilemma of a Manager- Law will be silent!
Eg:
     Take a favour from one’s dealer to get your child
      admitted to a good school?
     Use your office service provider to set up your home
      computer / cooling system?
     Are you making off with company funds, if your
      travel agent can exchange your entitlement to a
      business class ticket in such a way that you and your
      spouse can travel together by paying economy fare?
‘On Ethics’...

   if the decision does not entail a monetary loss for the
    organisation, then is it okay?
     Company may not lose money, but a bad precedent is set!
     The integrity of records has been tampered with. (It is the
       first wrong step that is most critical on most occasions)

 Each organisation must find adequate answers &
    develop common policies
 Creating a definite cultural norms which can be
    translatable in practice. (culture is what one does in
    the open)
‘On Ethics’...

 Rules for exceptions:
     Seeking exception must not be made easy
     Sanction at a very high level
     Criterion of transparency
     Exceptions should not break the law of the land
     No exceptions should tamper with the integrity of records
         [Thus achieve : Uniformity & Fairness]

 Business ethics works best when you are
   happy, comfortable & content to be in a fish
   bowl.
‘Manager to take the lead!

 opportunities for exercising leadership!
   Eg: trivial, but demonstrative exercise in leadership
   has quite an impact down the line
     Misuse of office stationery
     Office punctuality
     personal calls on the company paid phones

 Bigger you are the harder you fall!
   (those in high levels of market respectability should be
   more clearer than those around them. Transparency
   & integrity)
‘On Ethics’...

 Rule of thumb
   imagine what it would be like if the act you are
     contemplating were to appear as ‘headline news in
     the morning papers!
   Would you be able to face the work? Your
     friends? Your subordinates? Your colleagues?
     Your family?

     If you can, then go ahead, if you cannot
     stop right there!
THANK YOU

This presentation is a service in “Love”. I

humbly surrender “ THE fruits of this

endeavour” to ‘Sri Sathya Sai’ who is the true

author of all these teachings and the driving

force in my life.

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Universal manager

  • 2.  widespread Pervasive all encompassing  total  Whole  Integral Universal  complete  absolute  utter  thorough  unanimous undisputedacknowledged  unquestionable
  • 3. Arrangement of this Presentation [“Value” is the driving force ]  Education (‘Educare’)  Manager (‘Human Values’)  Business (‘Value’ based)  IIA Code of Ethics
  • 5. * SECULAR # ‘ EDUCARE’ – EDUCATION TRUE EDUCATION  Collection of facts &  Deep understanding & knowledge assimilation of knowledge  Earning degree for livelihood  Life  Getting & forgetting  Giving & forgiving  Establish ‘rights’  Discharge responsibility to society  Not visible  Self confidence  Learn self-sacrifice  Self discovery  Spiritual uplift
  • 6. EDUCATION EDUCARE Taste less Sugar water (Divinity) Stirring TUMBLER Process Spoon (Enquiry) (Heart) (Intelligence) Sweetened Water (all pervasive divinity) TRUE WISDOM (Unity of all creation) (This recognition of Unity in multiplicity is the ultimate goal of education)
  • 7. Proceed from Superficial Knowledge To General Knowledge To Discrimination Knowledge To Changeless Practical Knowledge (This is ‘WISDOM’) [where in heart is filled with compassion, becomes sacred and aspires for the welfare of one and all.]
  • 9. ROLES THAT A MAN PLAYS Husband Son Wholesome Personality Complete Man Citizen Manager Integrated Personality
  • 10. Universal Manager M - Mind of Man A - Awareness of “Atma” N - Nature of Nation A - Aspects of Environment G - Guidelines of Goodness E - Enquiry of Ethos R - Role of Rules
  • 11. “M” Mind of Man As distinct from animal mind, devil mind, evil mind Conglomeration of thoughts  induce actions  results are joys & sorrows What types of thoughts and deeds should man develop? Human qualities – Truth, love, patience, sacrifice, compassion etc. Unity of thoughts / words / deeds
  • 12. Synchronisation Without these ‘Values’ With these ‘Values’ Thought Thought Deed Word Word Deed
  • 13. “A” Awareness of ‘Atma’ Awareness is ‘Atma’ and ‘Atma’ is awareness One says ‘there is a snake’ - it means he has said it with ‘full’ awareness. There is no doubt whether it is a snake or a rope. ‘NARAHA’ (man)  NA-RAHA (No destruction) [that which cannot be destroyed] ( Recognising of the all pervasive ‘Atma’ is awareness)
  • 14. 3 ASPECTS OF “SELF’ CONCEPT BODY * What you think you are -> Body Personality MIND * What others think you are -> Individualized Self SOUL * What you really are -> Universal Soul ‘Atma’ Principle
  • 15. BODY, MIND & SOUL MIND - (nearer to SOUL -Controlled by ‘Intellect’) Meeting Point of Body, Mind 4 ………………………………………. ______________________________ & Soul -Merge ………………………………………. Towards Intellectual Thinking ………………………………………. ______________________________ with Paramatma ………………………………………. ______________________________ ………………………………………. 3 ………………………………………. ______________________________ (Soul Searching) ………………………………………. ………………………………………. ______________________________ SOUL ………………………………………. ______________________________ ………………………………………. 2 ………………………………………. ______________________________ ++++++++++++++++++++++++++++ ______________________________ ++++++++++++++++++++++++++++ ______________________________ ++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++ ______________________________ 1 ______________________________ ++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++ ______________________________ ++++++++++++++++++++++++++++ ______________________________ ++++++++++++++++++++++++++++ 0 ______________________________ ++++++++++++++++++++++++++++ 1 2 3 4 BODY MIND (Nearer to BODY- dictated by ‘Senses’)
  • 16. “N” Nature of Nations Each country has its own nature Nature of Nation should be reflected in the Business relationship Speak truth, follow the path of ‘Dharma’ (Righteousness), live with integrity & morality From where can we get this kind of nature?  M..A..N. (combination of Mind, Atma & Body)
  • 17. “E” Aspects of Environment Environment concerning man (Political, Spiritual or Physical) Environment related to Business and its activities Environment suited to man and which fosters human nature - ie. good company. (Absence of this, man will become an animal / demon)
  • 18. “G” Guidelines of Goodness Pure feelings should come from our hearts as guidelines (ie. conscience) “Conscience” is God. (Atma) - ‘SWABHAVA’ (Natural Feeling)-- ‘SWA’ - means Atma . Enquiry into origin of ‘Conscience’ leads to ‘consciousness’ (conscience is with in oneself while consciousness is everywhere) Whatever feelings we get, if we discriminate between good & bad, right & wrong and then follow it that itself becomes goodness.
  • 19. Essence & Nature Human Values Watch Your of Human Beings (sheaths) Truth Word (Satya) Intellect (Sense of discrimination) Righteousness (Dharma) Act Physical (Body) Peace Thought Emotion (Mind) (Shanti) Love Character Psychic (Prema) (Energy / Breath) Non-Violation Heart Spiritual (Ahimsa) (Divine ego)
  • 20. “E” Enquiry of Ethos Ethos - has come from ‘ITIHASA’ (History) History of those noble men - who followed morality & truth without giving up integrity Chatrapati Shivaji - did not have any want - financial, physical, spiritual why did he follow ‘Samartha’ Ramadoss ? By following people of integrity & ideal, their qualities are reflected in our lives.
  • 21. “R” Roles of Rules Without violating, changing, manipulating or creating any conflicts in conscience, rules should be followed Recognise the course for any change in environment (If we change quality of materials, market changes)
  • 22. Who is an “UNIVERSAL MANAGER” ? Person who understands the essence of these seven principles becomes an “Universal Manager” FOUNDATION Enquiry—Practice---Experience
  • 23. LET’S SEE WHAT THE GREAT TAMIL POET THIRUVALLUVAR HAS SAID ABOUT THE QUALITIES OF A MANAGER
  • 24. MANAGERS SHOULD  RESPECT THE LEADERSHIP  HAVE HIGH / EXCELLENT THINKING  BE A GOOD MINISTER OR ADVISER  BE EFFECTIVE IN EXECUTING THE PLAN  HAVE PERSEVERANCE (STEADFASTNESS OF PURPOSE)  FINISH THE TASK UNDERTAKEN  BE GOOD AT DELEGATING (ACT OF ENTRUSTING POWER)
  • 25. Managers’ quality of “respecting” the leadership இளையர் இனமுளையர் என்று இகழார் நின்ை ஒைி யயா டு ஓழுகப்படும் மன்னளைச் யேர்ந்து ஓழுகல் ேிலர் எம்ளமக் காட்டிலும் இளையர் என்றும் எமக்கு இன்ன முளையிளன உளையரைன்றும் அவமதியாது அவைது நிளலக்குப் ரபாருந்த ஒழுகயவண்டும் “The follower should behave and act in such a way that no disrespect is shown to the ‘leader’, because he is younger or he is related”
  • 26. Managers’ quality of “respecting” the leadership “Doing things which are not within one’s authority because the leader is a close friend / associate will bring only bad and worthless results”
  • 27. Manager should have “high” thinking Always one should think “high”. Even if he is not able to achieve this excellence, the ‘very thought’ will be considered equivalent to the achievement one could have got by putting all his efforts.
  • 28. Manager should be a good “minister” -«¨ÁîÍ Definition of a ‘minister’ or an ‘adviser’: “One who analyses the work well, does the same with an aim to complete it and also when in doubt, has boldness in talking”.
  • 29. Manager’s ability to execute the plan “It is easy for a person to tell in an orderly manner what he will do and how he will do. But it is difficult for everybody to carry out the same in that order”.
  • 30. “Perseverance” – an important quality for the Manager “Even if one’s endeavour did not yield the desired results due to some destiny, the strain & stress put in by him in that effort will certainly pay him back. That will not go waste.”
  • 31. Managers ability to finish the task that he has undertaken “Having started the work, seeing that through until the end is considered braveness. If one quits in the middle, it will bring unhappiness.”
  • 32. Manager’s delegating ability “After analysing well that “this person can only complete this job in this manner” and also after making sure that all these ‘three’ elements coexist , then the work should be entrusted to that person.”
  • 33. Manager’s delegating ability “If one analyses and decides that ‘he’ is the right person who could do his job, then that person (who decides to entrust the work) should make (help) the other person raise to that perfection.”
  • 34. Manager’s delegating ability “It is wise to leave the work to that person who has these four qualities viz., love, knowledge, desirelessness, and unperturbed /unagitated mental attitude.”
  • 35. Manager’s delegating ability “It is not appropriate to entrust a job to a person because he is a ‘lovable’ person, but he should be one who is capable of withstanding all odds and also understanding as to how to go about doing that job.”
  • 37. Value based Business The life breaths of business The Human element  Attitude based costing (ABC)  Business - Process reengineering (BPR) (Self reform before business reform)  ‘Creative’ market  International Marketing (Avoid ‘shady’ deeds)  Total Quality Management (Mental quality before material quality)
  • 38. ‘Attitude’ based Costing  Manufacturers should not adopt questionable means in the manufacturing process to enhance profit.  It is not proper to sacrifice consumer interests for the sake of profit maximisation  Cost should be reduced without compromising on quality  Business should be based on the principle of fair exchange  Part with fair amount and get worthy product [ If a devotee offers an unconditional / pure and steady love, “God” will also bestow full grace]
  • 39. Business Process Re-engineering (“Self reform” before business reform) It is not possible to reform anything without first reforming one’s own self ‘Veda’ is the source of business, education, employment, cultivation etc.
  • 40. ‘Creative’ Marketing “Create” Market for products / services which are not in existence so far ‘Indigenisation efforts’ should be taken ‘Human element’ predominant in creative marketing
  • 41. What is a ‘Market’?  ‘Market’ is one which provides to the customers all their requirements.  Man (Customer) needs air for survival and wherever he goes it is made available.  The Almighty God (Business owner) who is ‘omnipresent’ arranges for it.
  • 42. ‘International Marketing’ Foreign exchange transactions will have to be managed with a great deal of prudence Shady deals will have to be shunned at all costs and in all circumstances. Intermediaries (middle men) change the complexion of marketing by questionable practices. Their influence should be reduced.
  • 43. ‘Total Quality Management’ Give importance to ‘mental’ quality besides material quality Mental quality ensures material quality as everything around is the reflection of the mind Manager should not confine himself to air- conditioned office. He should cultivate the art of managing by walking around (MBWA) Manager should internalise the formula: “Be good, Do good & Tell good.” Managers should have compassion and forgiveness
  • 44. A Business Organistion is to be treated as a TEMPLE where in the entire work force by means of sincere work offers worship to GOD
  • 45. ‘Learn from the “The Limited Company” called ‘MAN’ ‘MAN’ is a Limited Company (In the body, there is a limit for everything)  ‘Buddhi’ (Intellect) is the Managing Director  ‘Mind’ is the Manager  They ‘communicate’ well with every part of the body (ie. proper understanding)  Any disequilibrium in the balancing act of body, life will be thrown out of gear. (Cycling, Walking, Speaking etc)
  • 46. ‘Learn from the “The Limited Company” called ‘MAN’  Workers are like organs of a body & the proprietor,the heart  If there is no heart, the organs cannot function  Link between heart & organs is the blood  Blood passes through the lungs (Managers) & finally to the heart (proprietor)  Lack of co-ordination leads to numbness in the body (Organisation)
  • 48. “ARTHASASTRA” “The fundamental principle of economic activity is that no man you transact with will lose, then you shall not”
  • 49. (In business, if one safeguards others’ ‘goods’ as his own goods and conducts his business, then this will be considered as a good business.)
  • 50. ‘Business & Ethics’ Develop & foster purity of heart - Daiva Preethi’ (Love for God) & ‘Paapa bheeti’ (Fear of sin)  Business men, Lawyers, Doctors’ Judges, Administrators, Politicians & Teachers [should conduct themselves according to the code]
  • 51. ‘Work Ethics’ - Duty to God (Need for understanding Indian Culture & values and integrating them in the study of management) Culture:  Anything that is processed is called cultured. Process by which you transform an object from raw form to a particular form, which is useful & has a value Balanced Business:  Entire life is based on balance. Foster and develop this balance properly
  • 52. Value based guiding principles of Management Practice ‘oneness’ while working - Regard work as Divine - then work will be transformed into worship ‘Information’ should lead to ‘transformation’ Practice everything you expect others to implement in their work Past is past, future is not certain, present is not ordinary present but ‘omnipresent’, use it well. (Past & Future are akin to a ‘tree’ and present is to a ‘seed’) Essence of all values is ‘love’. Love everybody Character is very important for managerial excellence.
  • 53. ‘Knowledge - Skills - Balance’  Transform “Knowledge” into “Skill”  When there is a proper balance, our vision turns inward. (Misused / wrongly used knowledge means ‘killing’ the knowledge and causing imbalance)
  • 54. Our Values and Beliefs • Adhere to ethical norms in all dealings with shareholders, employees, customers, suppliers, financial institutions and government. • Provide value for money to customers through quality products and services. • Treat our people with respect and concern; provide opportunities to learn, contribute and advance; recognise and reward initiatives; innovativeness and creativity.
  • 55. Maintain - An organisational climate conducive to trust, open communication and team spirit. - A style of operations befitting our size, but reflecting moderation and humility. • Manage environment effectively for harnessing opportunities. • Discharge responsibilities to various sections of society and preserve environment. • Grow in an accelerated manner, consistent with values and beliefs, by continuous organisation renewal.
  • 56. PERSPECTIVE ON ETHICS
  • 57. IIA CODE OF ETHICS [A document that is heavily tested.] • These ethical obligations are important not only to internal auditors but also to all professionals both personally and professionally. • Objectivity, integrity, confidential and disinterested use and protection of information and competence.
  • 58. ‘Perspective on Ethics’ 1. Definitions  Business ethics - an organisation’s policies and standards established to assure certain kinds of behavior by its members  Individual ethics - moral principles and standards of conduct adhered to by an individual 2. Areas of Concern Regarding Business Ethics  General business understanding of ethical issues  Compliance with laws  Conflicts of interest
  • 59. ‘Perspective on Ethics’  Entertainment and gift expenses  Relations with customers and suppliers (should gifts or kickbacks be given or accepted?)  Social responsibilities 3. Factors that may lead to unethical behavior  In any normal population, some people have less than desirable levels of ethics. If these people hold leadership positions, they may adversely influence subordinates.
  • 60. ‘Perspective on Ethics’  Organisational factors Pressures to improve short-run performance may promote unethical behavior Emphasis on strict adherence to chain of command authority may provide excuses for ignoring ethics when following orders. Informal work-group loyalties may subvert ethical behavior Committee decision processes may make it possible
  • 61. ‘Perspective on Ethics’  External factors Pressure of competition may compromise ethics in the interest of survival. Wrongful behavior of others may force a compromise of ethics Definitions of ethical behavior may vary from one culture to another. For instance, bribes to overseas officials or buyers may be consistent with some countries’ customary business practices
  • 62. ‘A. Perspective on Ethics’  General Guides to Ethics Golden Rule - Do unto others as you would have them do unto you. Maximise good - Act to provide the greatest good for the greatest number Fairness - Act in ways that are fair or just to all concerned. Maximise long-run outcomes - Act to provide the best long-range benefits to society and its resources General respect - Act to respect the planet and the rights of
  • 63. ‘Perspective on Ethics’  Simplified Criteria for Evaluating Ethical Behavior “Would this behavior be acceptable if people I respect knew I was doing this?” “what are the consequences of this behavior for myself, other employees, customers, society?”  Ethics are individual and personal, influenced by Life experiences (rewards for doing right, punishment for wrong) Friendship groups (professional associations, informal groups) Organisational pressures (responsibilities to superiors and the organisation)
  • 64. ‘Perspective on Ethics’  Codes of Ethical Conduct An organisation’s code of ethical conduct is the established general value system the organistion wishes to apply to its members’ activities by Communicating organistional purposes and beliefs Establishing uniform ethical guidelines for members [Including guidance on behavior for members in making decisions] Because laws and specific rules cannot cover all situations, organisations benefit from having an established ethical code.
  • 65. ‘Perspective on Ethics’ The code,  Effectively communicates acceptable values to all members [including recruits and subcontractors]  Provides a method of policing and disciplining members for violations, through formal review panels through group pressure (informal)  Establishes high standards against which individuals can measure their own performance  Communicates to those outside the organisation the value system from which its members must not be asked to deviate
  • 66. ‘On Ethics’  Ethical dilemma of a Manager- Law will be silent! Eg:  Take a favour from one’s dealer to get your child admitted to a good school?  Use your office service provider to set up your home computer / cooling system?  Are you making off with company funds, if your travel agent can exchange your entitlement to a business class ticket in such a way that you and your spouse can travel together by paying economy fare?
  • 67. ‘On Ethics’...  if the decision does not entail a monetary loss for the organisation, then is it okay?  Company may not lose money, but a bad precedent is set!  The integrity of records has been tampered with. (It is the first wrong step that is most critical on most occasions)  Each organisation must find adequate answers & develop common policies  Creating a definite cultural norms which can be translatable in practice. (culture is what one does in the open)
  • 68. ‘On Ethics’...  Rules for exceptions:  Seeking exception must not be made easy  Sanction at a very high level  Criterion of transparency  Exceptions should not break the law of the land  No exceptions should tamper with the integrity of records [Thus achieve : Uniformity & Fairness]  Business ethics works best when you are happy, comfortable & content to be in a fish bowl.
  • 69. ‘Manager to take the lead!  opportunities for exercising leadership! Eg: trivial, but demonstrative exercise in leadership has quite an impact down the line  Misuse of office stationery  Office punctuality  personal calls on the company paid phones  Bigger you are the harder you fall! (those in high levels of market respectability should be more clearer than those around them. Transparency & integrity)
  • 70. ‘On Ethics’...  Rule of thumb imagine what it would be like if the act you are contemplating were to appear as ‘headline news in the morning papers! Would you be able to face the work? Your friends? Your subordinates? Your colleagues? Your family? If you can, then go ahead, if you cannot stop right there!
  • 71. THANK YOU This presentation is a service in “Love”. I humbly surrender “ THE fruits of this endeavour” to ‘Sri Sathya Sai’ who is the true author of all these teachings and the driving force in my life.