The document summarizes the National Conference on Business Ethics held on December 2nd and 3rd, 2015 in Pune, India. It provides details on the keynote speaker, Dr. R.A. Mashelkar, and his message about the importance of business ethics for sustainability. It also summarizes the different sessions on ethical issues in industry, education, law, and medicine with highlights from the panelists in each session. The conference aimed to discuss business ethics and its role in creating opportunities for waves of change.

1. 2015
Management Digest
SPECIAL ISSUE
Keynote Speaker

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Editorial of the Month
Sound Ethics is Sound Business
Dear Readers,
We have all become ambassadors of Ethics Movement. Business
Ethics Foundation is now five years old. Some of you may have joined
National Conference on Business Ethics on Dec 2 and 3, 2015 at Amity
Global Business School, Pune.
You will be happy to know that 85+ delegates attended the Conference.
I saw that there were VIPs on the stage as well as in the audience. This issue
of Management Digest is devoted to a comprehensive report of the
Conference.
I must mention that Dr. Sneha Sharma, Director of Amity Global
Business School extended all the co-operation. Dr. Rashmi Hebalkar,
Conference Chairperson took great lead in maintaining the quality of
discussions and debates. Dr. Dipti made all out effort to see that all the
speakers & delegates are comfortable. Many members came forward to make
the conference successful. National Conference was an important mile stone
in the journey.
We have lot to do in the years to come….. At present there are five
“Business Ethics Club” in Pune. Two in MIT, one in SNDT, one in Hujurpaga
and one in H.V. Desai College. All the clubs are taking the movement further.
Efforts are on to start new clubs in Kolhapur, Belgaum and Mumbai.
Shri. Narayan Gune and his team is working with zeal and enthusiasm.
Shri. Shriniwas Rairikar is forming his team for April 2016 – 2017.
Through this editorial, I appeal to all the members to find some time and
resources to contribute to Ethics Movement by writing articles, conducting
training programs and talks, conducting research on various facets of „Ethics‟,
spread the message by registering new individual and institutional members.
Do Talk to Shri. Narayan Gune (Mb – 9850537069), Shri. Shriniwas Rairikar
(Mb – 9822204516) about the ways and means by which you can add value to
the Business Ethics Foundation.
All the best….. to …..All of you.
Happy New Year 2016.
Dr. S.G.Bapat
Chief Editor
Mobile :9881468504
(sham.bapat@yahoo.com)

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Event of the Month
Paris
Please hold yourself. I am not referring to the terrorist attack of Friday, the
13th
November 2015, leaving 129 people dead and many more injured. I intend to
write on the Paris Climate Summit that was participated by 196 countries from all
over the world. The inaugural function, held on the 30th
November, was attended by
the heads of 150 nations, to
name a few, India, America,
Russia, France, England and
European Union. It indicates that
they have all realised the gravity
of the situation and the need to
initiate appropriate remedial
measures on Top Priority. India
was represented by our honourable Prime Minister Shri. Narendra Modi. He held
bilateral discussions with various heads including Shri. Barrack Obama of US,
Francois Hollande of France, Ban Ki-moon, UN Secretary General, Shinzo Abe of
Japan on this sensitive issue. All these heads left after the inaugural function. The
delegates of all the 196 countries will stay put in Paris for next 11 days. Through the
negotiations they aim to achieve :
A treaty to reduce greenhouse gas emissions (GHG) between 2015 and 2030,
so as to restrict the rise in average global temperature to less than 2o
C over pre
industrial levels by 2100. It is well known that temperatures have already gone up by
less than 1o
C over preindustrial era. As a result, the world is witnessing weird and
devastating weather events. Here in India, too, unseasonal rains, hail, storms and
extreme temperature variations are hitting farmers again and again. Their livelihood
is getting adversely affected, leading to devastating effects, deaths and spate of
suicides. As such it has become imperative to restrict it to below 2o
C. Amount of
carbandioxide that is emitted in the atmosphere has to be contained to achieve this,
though it cannot be totally stopped. The share of developed nations in this emission
is much more than that of developing and backward nations. As such Indian stand is
that checking global warming is everyone‟s responsibility and developed countries
who are mainly responsible for this should take the lion‟s share of the cuts and also
give necessary funds to others to achieve this.
Let us hope that these deliberations in the days to come, will certainly
hammer out some agreement in this direction. It will help to save the mother earth
and mankind from extinction.
Dr. A.M. Joshi
(aemjoshi@yahoo.co.in)
Mobile : 9423001601

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On Business Ethics Foundation Front
National Conference Report
Business Ethics Foundation and Amity Global Business School, Pune
organized National Conference on “Business Ethics : Waves of Change – Ocean
of Opportunities” on December 2nd
and 3rd
2015. There were four session – Ethical
issues in Industry, Education, Law and Medicine.
It
started
with the
Welcome address by Conference Chairperson Dr. Rashmi Hebalkar; followed by
Ethics poem recitation by the students of Music Department, SNDT College.
Col. (Dr.) Sneh Sharma, Director, Amity Global Business School, Pune then
briefed participants about Amity University.
Mr. Narayan Gune, Chairman Business Ethics Foundation welcomed the
participants, briefed about Business Ethics Foundation and mentioned that “Ethics is
a tool for Sustainability”. Dr. Rashmi Hebalkar then detailed on the Conference
theme and the two day programme.
Ms. Parimal Chaudhari, the Managing Trustee, Praj Foundation and Director,
Praj Industries Ltd. introduced the Key Note speaker Dr. R.A.Mashelkar sir.

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Dr. R.A. Mashelkar
India‟s one of the most
eminent scientists set the
ball rolling by the quote
“Research converts money
into knowledge; Innovation
converts knowledge into
money”. He mentioned that,
for sustainability, solid
business Ethics are
needed. By citing the example of „Tata, as the
House of Ethics‟, he added that such trustworthy
organizations are needed in today‟s volatile and
complex world.
According to him, the unwritten Principles
about ethics, matter a lot ! He gave illustrations
about Short term strategies Vs Long term
strategies in this context. To prove his point, he
discussed Volkswagen‟s case at length and
mentioned that Organisations today, need CEOs
– Chief Ethics Officers. He urged the audience to
develop the habit of “Ethics first and Business
afterwords!”
The speakers of the first session „Ethical issues in Industry‟ were Mr. Prakash
Telang, Tata Hitachi, Mr. Ramani Iyer, Forbes Marshal, Mr. Pradeep Bhargav and
Mr. Dilip Sopori, Cummins India and Ms. Alka Nair, IDG.

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Dr. S.G.Bapat, the Founder President of Business Ethics Foundation welcomed the
gathering and set few points in front of the panel as follows :
- Corporate Governance has made good progress in India.
- How middle and lower level officers understand Ethics?
- Role of Corporate Social Responsibility.
- Bright future of India
- Suggestions.
Ms. Alka Nair expressed her opinion and Mr. Prakash mentioned that Ethics,
is not a new concept, „Tata Code of Conduct‟ is universally known, Mr. Ramani
discussed it at length by giving examples from his personal life and conservative
family. He strongly believed that „Everything is possible‟ and added that „Money‟ and
„Value‟ are the two problems of India. According to him, the importance given to
shareholder value, Net worth, Profitability and Containment in corruption; will help to
reach a cleaner world!
Mr. Pradeep mentioned that – „Business is a sub-system of society‟. It was
found in 2G scam‟s case culprit was Raja; but „Praja‟ (the other stakeholders) is also
the culprits & sufferer. Mr. Dilip expressed that – „Ethics should be a part of our
DNA‟. In Uk, „Antibribery Act‟ is there. There is also „ Foreign Corrupt Practices Act‟,
in place. He mentioned that in his organisation, they believe in Ethical Leadership
and asked the audience to “Try not to become a person of success; but a person of
value!”
To sum up the session, Dr. S.G.Bapat mentioned that the panel is echoing
„Self Leadership‟. Dr. Dipti Tulpule, Conference Secretary delivered the vote of
thanks.
In the post – lunch session on „Ethical Issues in Education‟, Dr. Arun Nigvekar
of SCITECH park, Dr. Pandit Vidyasagar, SRTM University, Dr. Sneh Sharma of
Amity and Dr. S.G.Bapat, Founder President BEF were the speakers. Dr. A.M.Joshi,
Member, BEF started with briefing on Education.
Dr. Pandit Vidyasagar started his address with a comparison between
Sandipani‟s age and that of today. He said that „The purpose of education is not
making robots, but making human beings!‟ He gave importance to parent‟s role in
education.
Dr. Nigvekar
threw light on „Quality
in Education‟. He
mentioned that in the
age of Information,
Communication and
Technology (ICT), still
there is a place for
face to face
education. He helped
the audience
understand the
linkage between
Ethics and human behaviour.

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Col. (Dr.) Sneh Sharma chose to share the values like Moral courage, Truth,
Honesty and Integrity as Pillars for „Ethics in education and Education in ethics‟. He
gave the examples of Eklavya and Karna and asked the delegated to understand
metamorphosis change going on in education field and how ethics has a great role to
play.
In his concluding remarks, Dr. S.G.Bapat stressed upon the need for ethics in
education. He mentioned that „Distance Learning‟ and „Traditional Learning‟ both
have its place in education system. To prove his point, he gave various examples;
especially that of Shiv Khera and of Bill Gates left the audience spellbound. It was
followed by the Paper Presentations session.
The second day of the Conference began by the introduction of Dr. Ashok
Ranade from College of Engineering Pune (COEP), by Mr. Jayprakash Bapat.
The keynote speaker Dr. Ranade delivered the speech fantastically. He made
a beautiful presentation on „Growth Engineering‟ and Ethics. He mentioned that its a
„Tsunami‟ of changes and not mere waves of change – Amrit Manthan of 21st
Century.
He shared the fortune Unicorn list and stressed on the importance of shared
economy. He gave a unique direction by mentioning that Ethics is for stable
businesses. There is an urgent need for growth engineering related businesses, to
have some code of conduct.
He ended his session by giving the audience a though of the day :
- Will law and Ethics be able to stay ahead of Technology Tsunamis?
- Can Forums like BEF work proactively and provide guidelines for future
unicorns?
Dr. Mohan Uchgaonkar, Member, BEF welcomed the participants for the
session on „Ethical issues in Law‟ and introduced the speakers.
Ms. Nilima Bhadbhade from ILS Law College helped the audience understand
the roles of and expectations from judges, lawyers and clients. Her session included

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apt examples from every day life that helped the delegated understand complex
legal terms.
Dr. Jyoti Bhakare, an expert in Healthcare law, started her session with the
quote “Do to others, you would have them to do to you.” She explained that
ignorance of law is not excused. She further explained about – „Professional
misconduct‟ and cases on breach of equity.
Advocate M.P. (Dadasaheb) Bendre, the Chairperson of the session,
mentioned about the nobility of the profession and the place of ethics in it. He
enlisted the Do‟s and DON‟Ts for advocates in order to maintain ethics in legal
profession.
The post lunch session was in „Ethical issues in Medicine‟. The eminent
doctors like Dr. Sanjay Gupte, Dr. Vinod Shah and Dr. Mukund Joshi were the
speakers. They were aptly introduced by Dr. Arvind Nagarkar and Dr. Madhavi
Kulkarni, members of BEF.
In the curtain raiser session, Dr. Gupte mentioned that ethics start right from
the birth. He mentioned about the ethics during prematurity birth cases, surrogacy
etc. He mentioned about the technology, cost and limitations of medicines. He
explained about „patients‟ rights responsibilities and the need of charter for it.
Dr. Vinod Shah started the session by citing the examples of Maharshi Karve,
Sane Guruji and Mother Teresa. His „Janseva Foundation‟ has adopted 600 destitute
children for skill development activity. He is giving free education to those who want
to become wardboy and Aaya in hospitals. He wants to become a role model to
medical profession and treats „Patient as a God!‟.
He gave lively examples about autonomy of patients, mediclaim, Doctors‟
protection law and medical profession.
Dr. Mukund Joshi started his presentation on „Ethics in medicine‟ by showing
R.K.Laxman‟s Cartoons related to the topic. He expressed that medical ethics
comprised of : Ethics for Doctors, Ethics for Patients and Ethics for relatives.

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He explained about „Code of Professional Conduct‟ and Doctor – Patient
relationship. According to him, the relationship is paternalistic, contractual and
Fiduciary. He then gave a few cases for thought; and made the audience understand
that „Trust is essential to the practice of medicine‟.
The valedictory session started with felicitation of Mr. Vijay Shinde, the
Business Consultant, with „Lifetime Achievement Award‟. Mr. Shinde then thanked
BEF and Amity, and shared his experience.

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Mrs. Veena Kale – Tarkunde was also felicitated on receiving Ph.D. degree.
The Chief guest for the valedictory session was Shri. Shrikantanandji,
Director, Ramkrishna Math, Pune.
The evening drew to a close with an inspiring speech from Swamiji. Talking
about Ethics, Swamiji focused on „Solutions‟. He gave examples of Tukaram,
Vivekanand, Jamshedji Tata, Sudha Murthy, Sister Nivedita etc.
He stressed that Truth, Purity and Unselfishness will help build Ethical world.
He concluded by thanking Business Ethics Foundation and Amity Global Business
School. He also gave full marks to Business Ethics Foundation for conducting a
conference on the topic which is the need of the hour.

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Mr. Narayan Gune, the chairman of Business Ethics Foundation proposed the
vote of thanks.
Report Compiled by Dr. Veena Kale - Tarkunde

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Of Drought and Shameless Politicians!
Gone are those days when we could raise our voice against wrong happening
around us.
More than 6 decades of independence has made us even more helpless than
we ever were.
We have completely lost our self respect and most importantly our power of
thinking – „rational thinking‟. Where we today? What are we doing? Where are we
leading? Does any one of us have an answer to this?
I‟m sure, the politicians do! They would say, we are leading to a better
tomorrow!
Regions of Sangli, Pune, Solapur are seeing the worst drought in 50 years!
And we are developing as a COUNTRY!
Farmers today, are abandoning their priceless possessions. Why for, I ask?
For a farmer, his cattle means more than anything. Its not just a „living-machine‟ for
them.
They share a very different relations towards them. It‟s not a mere
possession. Their cattle is their life. They wouldn‟t eat one day, but their never
sleeps with an empty stomach. Never.
Today, these farmers are in such a petty state. Thousands of them are
abandoning their cattle, their cows, their buffaloes and a not more than thousand are
dying – and I don‟t call it suicide. I call it murder. They are being ruthlessing killed.
What are we as citizens of India doing? Sitting and watching a live morcha
from home? Creating a false impression that we care. Creating mob everywhere? No
one want to reach to the grassroute of the problem. All that people want to do, is, be
a part of a peace march, run in a rally, cyche for a cause and update these as, “their
status”, upload these as profile picture! Display picture!
Nobody cares, where the money is going. Nobody wants to be a part of the
system but still everybody talks about changing it.
Nupur Kulkarni
Alpharetta, Georgia.

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Team
Dr. S.G.Bapat Col. Ramesh Pathak
Chief Editor Managing Editor
Mr. SandeepChiddarwar
Ms. Veena Kale
Ms. Madhuri Chiddarwar
Primary Business Address
‘Vijigeesha’, 17, Prashant Nagar, NaviPeth,Pune – 411030
Ph – 020-24537938 / Mb – 98814 68504
E-mail – sham.bapat@yahoo.com / URL – www.sgbapat.com
हे लक्षात असू द्या
 Be ethically strong 24/7
 Be a member of Business Ethics Foundation.
 Individual Life Membership Rs. 1000/-
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 Join “ग्रंथसंवाद” movement
 Visit our websites :
www.sgbapat.com / www.ethicsfoundation.org.in
 Send your request for free e-journal “Management
Digest” which is published on 15th
of every month