e t h i c s management in the indian scenario anand asinkar nikhil rane
TRANSCRIPT
E t h i c s Management in the Indian Scenario
Anand Asinkar
Nikhil Rane
POLYHYDRON PVT. LTD.
What are Business Ethics?
Business can only be ethical.
Anything else is a crime……..
S. B. Hundre
M.D., [Polyhydron Pvt. Ltd]
POLYHYDRON PVT. LTD.
Year of Establishment : 1981-1982Location : Macche Industrial Estate, Belgaum, KarnatakaProducts : Hydraulic valves, pumps & accessoriesGrowth rate: 30%Number of employees: 74 Projections:
• To be a 25 crore Company in 2006• Integrate services with the Internet
MANAGEMENT
• Totally indigenous company
• Just-In-Time Production System implementation has born unimaginable benefits
• One of the very few companies in India to Practice “ Ethical Management ” and has developed the concept of “ Business Ashrama”.
RESEARCH & DEVELOPMENT
• Well equipped R&D Centre with CAD facility & necessary TEST RIGS.
Sophisticated Measuring & Calibrating Instruments.
Qualified Personnel.
OFFICE ADMINISTRATION
• Fully Computerized Information and Administrative Systems
Multi Functional People
• Almost paper less working
KAIZEN & JIT
KAIZEN means Continuous Improvement
Elimination of all sources of waste
Waste is anything that does not add value to the product
JUST IN TIME means
?
WHY
important
A family in which each member has a sense of responsibility and
respect for each other & society
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
Employee Empowerment & Working Environment
The man behind the idea……Mr. Hundre
Meditation hall - The Temple of Peace
Gymnasium - The Temple of Health
Study of Idea Processing [R&D Centre]
Study of Material Processing [Production Activities]
Study of Paper Processing [Business Activities]
Study of extent of Computerization
The study involved
• Interaction
• Tracking material
• Learning from everyone
• Collecting documents
• Use of extensive library
• Project work and industrial training
METHODOLOGY OF THE CASE STUDY
Role of Design Management
Idea Processing
Material Processing
Information Processing
Ethical management - In PracticeThe Polyhydron Case Study
MANAGEMENT MAN MATERIAL
• Ethical Management
• Polyhydron Mission
We will nurture an ethically managed
organization. We will not exploit our
customers, Employees, Suppliers,
Government, Society and Nature
Ethical management - In PracticeThe Polyhydron Case Study
MANAGEMENT MAN MATERIAL
Ethical management - In PracticeThe Polyhydron Case Study
MANAGEMENT MAN MATERIAL
• Not Exploiting• Trust• Education • Multi skills• Transparency• Accessibility• Share Wealth
Share Wealth
30% with the Employees
5% with the Share Holders
1% with the Community
balance remains with the company for growth
JIT Involves
Getting the material
in the right quantity
of the right quality
at the right time
at the right place
at the right price
Ethical management - In PracticeThe Polyhydron Case Study
MANAGEMENT MAN MATERIAL
What is achieved
Ethical Management & JIT
Empowerment
Loyalty
Atmosphere Of Trust
Lowest Priced Products
Least Price Variation
Most favorable working environment
Participative management and democratic decision making
Challenges
Ethical Management & JIT
Conditioning within each individual
Conditioning within group
Conditioning within society
Dealing with corrupt government officials
Ethics – Management in the Indian Scenario
Thank You