Upanishads, or The Bhagwad Gita. DR Stormburg's Writing Shows That There Is Something
Upanishads, or The Bhagwad Gita. DR Stormburg's Writing Shows That There Is Something
Upanishads, or The Bhagwad Gita. DR Stormburg's Writing Shows That There Is Something
FOUR VALUES
1. Artha
2. Kama
3. Dharma
4. Moksha
Out of these values Artha and Kama are lower values
where as dharma and moksha are higher values.
To lead a happy and successful life.
But today all people are struggling hard to earn money
sacrificing the happiness for the sake of it.
In today’s world most of the time is gone in making status in
the society.
Earning money is to gain happiness but today the meaning
has changed.
BHAGWAD GITA also states to work for the well being of
others.
When an individual identifies himself in others he can become
a successful manager.
From the movie LAGAAN:-
It shows that a boy named Bhuvan motivates the whole
village to attain the goal of winning match without knowing the
concepts of TQM and ISO.
1. Materialistic.
2. Relationship based on give and take.
3. Believe in non interference.
4. Equity and cooperation.
5. Generally prefer top-down approach.
6. Interest to develop the employees skill.
7. No job security.
8. Loyal to profession.
CHINA
INDIA
1. Niskama karma.
2. Co-operation.
3. Fine blending between spiritualism and materialism.
4. Humility and respect for others.
5. Respect to others.
6. Self management.
7. Shreyas.
Indian Corporate Governance
Corporate governance leads to corporate excellence, it must be
structured according to the principles of Vedas, aligned with natural
law.
In the Indian context, Corporate Governance can be drawn from
the following age-old ‘mulyas’ (values):
(a) Lok Sangraham — public good which means greatest
possible good of all;
(b) Dhanam — creation of wealth through competence
(kaushalam) and productivity (utpadakta);
(c) Swatantra — autonomy and independence, in business
decisions;
(d) Vishwastata —trusteeship, implying that management is
a trustee of stakeholders;
(e) Dharm yudh — fair battle, providing a level playing field
to all and ensuring fair competition.
(f) Vividhata — variety or innovation ensuring flexibility in
approach.
Corporate governance has gained importance in the
recent times .
Need for greater transparency in corporate
functioning.
Corporate leaders, Government and regulatory
authorities are now seriously concerned with
remedial steps which 'while not dampening the
corporate enterprises' will at the same time, ensure
transparency and openness". (M N Venkatachaliah -
Former Chief Justice of India).
Thus, issue of corporate governance was described by
our Prime Minister Shri Atal Behari Vajpayee,
“International business experiences over the past few
years, has clearly brought in lime light.
CONCLUSION
Business ethics and corporate governance are interlinked
with one another. Business ethics provides philosophical
base, vision, mission of an organization, whereas
corporate governance is a shared way of corporate
functioning and not just a set of rules.
Professionalism helps the corporation to achieve its
desired goal.
It is being increasingly recognized that being a
responsible corporate citizen is important in ensuring
long-term success of a company.
India’s corporate sector has a new tryst with destiny. best
practices of governance.