Business Ethics & Management by Indian Values

By Jitendra Rajaram Verma

Nature & Purpose of Business Ethics Reflection

• Introduction

Nature & Purpose of Business Ethics Reflection

• Definition

Moral Behavior

• Standard

Moral Behavior

• Characteristics

Business Ethics

• Moral Demands & Interests

Business Ethics

• Relatives autonomy of Business Morality

Business Ethics

• Studies in business ethics

Business Ethics

• Role of ethics in business

Business Ethics

• Theory of voluntary Mediation

Business Ethics

• Participatory Ethics

Moral Responsibility

• Introduction

Moral Responsibility

• Balanced concept of Freedom

Moral Responsibility

• Individual Responsibility

Moral Responsibility

• Implications related to the modern Issues

Moral Responsibility

• Public Accountability

Moral Responsibility

• Entrepreneurial Responsibility

Moral Responsibility

• Implications related to the modern Issues

Moral Responsibility

• Corporate Responsibility

Individual Interests

• Interests based outlook

Individual Interests

• Impact of interest on Moral Goals & Moral Principals

Individual Interests

• Utilitarian views on business ethics

Individual Interests

• Enlightened Egoism

Duty Ethics In Business

Theories of Virtue

• Productive Practices and Team Motivation

Theories of Virtue

• Prospects of virtues in Business Ethics & Management Theory

Management by Indian Values

By Jitendra Rajaram Verma

Culture

Ethos

Role and Significance of Cultural Bound Management

Sources of Indian ValuesStudy of Religion by Jitendra Rajaram Verma

Why Humanity Endured? Fear? Need of Co-habitant? Or Love?

Humanity and religionNeed of togethernessEstablishment of leadership? Clusterism? How does it come to existence? Why it gained friction? Differences in Ethical and Moral values of Religions

Population In Billions

Total 7

Christian 2.1

Islam 1.3Secular 1.1

Hindu 0.9

Chinese Folk 0.4

Buddhist 0.37

Sikhism 0.23

Jewish 0.14

Bahai 0.07

Jainism 0.042

ChiristianIslamSeculerHinduChinese FolkBuddhistSikhism JewishBahaiJainism

Hindus

A group of religion co-exist in India

Scriptures

Smrities• Purans• Ramayana • Mahabharata• Ram Charitmanas

Shruties• Hrugveda • Atharvaveda • Sam Veda • Yajurveda• Upnishad

PurusharthaDharma ("righteousness, ethikos")Artha ("livelihood, wealth")Kāma ("sensual pleasure")Mokṣa ("liberation, freedom (from samsara))".

Jeevan AshramsBramh GrihasthVanaprasthSannyasa

YogBhakti Yoga (the path of love and devotion)Karma Yoga (the path of right action)Rāja Yoga (the path of meditation)Jñāna Yoga (the path of wisdom)

1. saama, the process of pacifying2. daama, the process of Bribery 3. bheda, the principle of dividing4. danda, the principle of punishment

• Hitopodesh • Arthashastra

2 The 16 Samskaras2.1 Garbhadhana2.2 Pumsavana2.3 Simanatonnayana2.4 Jatakarman2.5 Namakarana2.6 Nishkramana2.7 Annaprashana2.8 Chudakarana2.9 Karnavedha2.10 Vidyarambha2.11 Upanayana2.12 Praishartha2.13 Keshanta and Ritusuddhi2.14 Samavartana2.15 Vivaha2.16 Antyeshti

Sattvic -Pure-Guna Rajasic – light,power- Guna Tamasic –Dark, Lazy- Guna

Islam

From the land of Middle East

Islam• Hazrat Adam Ali Shah Wassallam• Nabi pak Mustafa Muhammad Sallalla-ul-Alahi

Wassallam• Isa Ali Wassallam (Jesus Christ)

Quraan : Nabi Pak Mustafa Md. Sallalla-ul-alahi wassallamZibriyl (Farista)

Inzill (Bible): - Isa Ali Wassallam, Torrat : - Mussa Ali WassallamMehrajAwarded Namaj 50 a day drafted 5 only

Farz-e-IslamiZakatRojaNamaj (Fazar4, Zohar12, Asar8, Magreeb7, Isha17, Zuma2, Nafil Sizda (Self Commitment) & Raquaat)KalimaHaz

PilgrimsMecca (Kaba), Saudi Arabia Masjid-e-Nabi (Madeena) Saudi Arabia Masjid-e-Aksa (Betul-e-mukaddas), Gazza Patti, Israel

Christianity

From the land of Snow

Christians • Nasara, Masihi• A Christian is a person who adheres to

Christianity, an Abrahamic, monotheistic religion based on the life and teachings of Jesus of Nazareth, who Christians believe is the Messiah.

• Prophesied in the Hebrew Bible, and the son of God.

• Most Christians believe in the doctrine of the Trinity ("tri-unity"), a description of God as Father, as Son, and as Holy Spirit.

• This includes Roman Catholicism, Orthodox Christianity, and the vast majority of Protestantism.

"Father, forgive them, for they know not what they do."[Lk. 23:34]"Truly, I say to you, today you will be with me in Paradise."[Lk. 23:43]"Woman, behold, your son!""E li, E li, la ma sa bach tha ni?" [Mt. 27:46] [Mk. ′ ′ ′ ‧ ‧ ′15:34] (Aramaic for "My God, My God, why have you forsaken me?").

Good Friday, Easter, X-mas Day

JewishKohanim lived between 1000 BCE

“The Jews , also known as the Jewish people, are a nation and ethnoreligious group originating in the Israelites or Hebrews of the Ancient Near East”

Mussa Ali Wasallam

Torrat a holy book of Jude“God thought if I will create a world based on attribute of mercy alone then sinners will greatly multiply. And if based on attributes of justice alone then how could the world endure… so did, the almighty, created a world based on both the attributes”

Sikhism

Revolt against injustice and cruelty

Buddhism

Enlighten through knowledge

BuddhistTeachings Attributed To Siddhartha Gautama

• Prajñā (wisdom that purifies mind)• dṛṣṭi (ditthi): viewing reality as it is, not

just as it appears to be.• saṃkalpa (sankappa): freedom,

harmlessness. Śīla is the ethics or morality, or abstention

from unwholesome deeds.• vāc (vāca): speaking in a truthful, non-

hurtful• karman (kammanta): acting non-harmful• ājīvana (ājīva): a non-harmful livelihood

• Samādhi is the mental discipline required to develop mastery over one's own mind. • vyāyāma (vāyāma): an effort to improve• smṛti (sati): awareness to see things with

consciousness, .• Samādhi (samādhi): correct meditation or

concentration

Bbuddha’s TeachingsTo refrain from taking life

(non-violence towards sentient life forms), or ahimsāTo refrain from taking that which is not given

(not committing theft)To refrain from sensual (including sexual) misconductTo refrain from lying

(speaking truth always)To refrain from intoxicants which lead to loss of mindfulness

(specifically, drugs and alcohol)