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Posts Tagged ‘Ethics’

We live in times when the allure of the C-suite appears to be wearing off. Expectations from CEOs of all hues, sizes and shapes are reaching stratospheric levels, with the ostensible result that attrition rates at that level of management reflect an upward tick.

A recent report by Price Waterhouse Coopers had revealed that the CEO turnover at the world’s 2,500 largest companies rose to 17.5% in 2018 – 3% higher than the 14.5% in 2017. For the year 2018, the first time in the study’s history, more CEOs were dismissed for ethical lapses than for financial performance or board struggles. CEO turnover rose notably in every region in 2018 except China, and was quite high in Brazil, Russia, and India (21.6 percent) while the lowest was in North America (14.7 percent).

According to the report, in 2000, a CEO could expect to remain in office for eight or more years, on average. Over the last decade, however, average CEO tenure has been only five years.

The mixed bathing challenge for CEOs

While those who aspire to occupy a C-suite keep an ear to the ground and eagerly wait to seize an opportunity as and when it comes up, the ones who have benevolent Guardian Angels and end up occupying one soon realize the perils of mixed bathing on the Dark Continent where, attracted by the tourism propaganda of some innovative travel agents, they end up swimming in the Zambezi river. To their utter horror, they discover that mixed bathing regulations are in vogue there, and that their dip is being shared by a couple of young crocodiles. What leaves them literally cold in the feet are the penetrating and unfriendly eyes of some of the crocodiles swimming alongside, who have taken a jaundiced view of their habitat being infested with a juicy specimen of the tribe of Homo  sapiens. Quite a few others are gleeful, drooling over a good source of their daily vitamins. These crocodiles might as well be representing the kind of challenges CEOs would face when, and if, they return to their office desks: Business Goals, Quarterly Guidelines, Investor Pressure, Ethical Dilemmas, Compliances of all kinds, to cite only a few.

Business leaders of the future

Increasingly, there is a need for business leaders who can steer their businesses using not only a Commercial but also a Spiritual Compass. In an era when technological developments are redefining the manner in which businesses interact with their stakeholders, there is much that CEOs and managers can learn from the Bhagavad Gita. It is a Do-It-Yourself Manual of Motivation. Its language is pregnant with symbolism at times. But it has rich lessons to offer for day-to-day conduct of business.

Of jackals, cobras, giraffes, elephants and tortoises 

To run a business well, wily jackals and cobras are required; but so are friendly giraffes, brainy elephants and wise tortoises. If the leader herself happens to be a spiritually inclined person, focused on steering the business successfully towards its purpose and goals but without running into a collision with massive icebergs hiding a hidden mass of compromises with core values and ethics, she would attain the exalted status of a Conscience Keeper for the entire business.

(Related Post: https://ashokbhatia.wordpress.com/2015/06/01/towards-sq)

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ashokbhatia

Bollywood’s take on corruption differs across various time zones. Just as the society has evolved, so has the approach taken by Bollywood on depicting and tackling corruption changed over the past few decades.

In the black and white era of Gandhian simplicity, it was often more about the bad guys being urban gentlemen and the good guys being rural urchins. Movies like ‘Do Bigha Zameen’ (1953), ‘Jagte Raho’ (1956) and ‘Parakh’ (1960) readily come to one’s mind.

Jagte_Raho_1956_film_poster

We have also had movies where the lead cast suffered in dignified silence. The audience was often left with a feeling of disgust towards all those who were shown as corrupt. Movies like ‘Satyakam’ (1969) left us with a fond hope that things would somehow improve in the future. satyakam

Then came the angry-young-man phase. Here, we had the revenge theme. Muscular power ruled and the…

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In order to commemorate 125 years of the Chicago address of Swami Vivekananda, Integrating Spirituality and Organisational Leadership (ISOL Foundation) had recently organised a World Congress on Vedic Foundations of Management Science.

 

 

Several luminaries and experts in diverse fields addressed the gathering, which was inaugurated on the 11th of September at the Breasted Hall, The Oriental Institute, The University of Chicago. Distinguished Trinity and ISOL Awards were presented on the day. The event concluded on the 13th of September, 2018.

The Inaugural Session started with a Welcome Address by Dr J L Raina, Chairman of ISOL Foundation. Vedic Mantras were chanted by Mr Ashok Vyas, followed by a Welcome Song penned by Mr D V Shastry.

Prof Sunita Singh Sengupta, Founder ISOL Foundation, welcomed the delegates and presented a Background Paper.

The Inaugural Addresses were delivered by the following:

  • Ms Neeta Bhushan, Consul General of India in Chicago
  • Dr Larry Greenfield, Executive Director, Parliament of the World Religions
  • Prof Bala Srinivasan, Vice President, Strategy and Global Initiatives, University of Chicago
  • Prof Sunaina Singh, Vice Chancellor, Nalanda University

Rich tributes were paid to Swami Vivekananda by:

  • Prof Dinesh Singh, Former Vice Chancellor, University of Delhi and Chancellor, K R Mangalam University
  • Dr Bharat Rai, Oncologist in Chicago
  • Dr H P Kanoria, Founder, Shristi Corporation, SREI Infrastructure Finance Limited and SREI Foundation
  • Swami Yatidharmananda, Managing Tustee, Swami Chidananda Sevashram

The following tracks were covered at the three-day event.

  • Sri Ramakrishna, Ma Sarada and Swami Vivekananda
  • Education in Ancient India
  • Women Empowerment
  • Contemporary Themes on Spirituality, Ethics and Management
  • Global climate change and Eco System Management: Insights from Vedas
  • Ancient Indian Mathematics and Astronomy: Its Contemporary Relevance
  • Ayurveda, Yoga and Meditation for Modern Health Care
  • Ancient Indian Architecture, Sculpture and Art
  • Exploring Sustainability through Spirituality
  • Contemporary Themes on Scriptures, Ethics and Management
  • Vedic Foundations of Management

The last mentioned session was chaired by Prof Neal McGregor.

  • Prof N Ravichandran shared ‘Managerial Insights from Panchtantra Stories’
  • Prof Omprakash K Gupta elaborated upon his passion for ‘Simplifying and Summarising Sanatana Dharma Scriptures for our Youth’
  • Prof Kisholoy Gupta spoke of ‘Vedantic Wisdom in Contemporary Management’
  • Dr Ravi Subramaniam presented ‘A Qualitative Examination of Leadership Traits of Ram from Shrimad Valmiki Ramayan’
  • Yours truly presented a paper on ‘Ramayana – Some Management Lessons’.

 

Here is the PPT which might be of interest to some of you.

Ramayana Management_Lessons Chicago PPT

 

Distinguished Valedictory Lecture was delivered by Lucy Forster-Smith, Senior Associate Pastor for Leadership Development, Fourth Presbyterian Church, Chicago.

Dr J L Raina and Prof Sunita Singh Sengupta summed up the proceedings of the commemoration event.

(Thanks are due to several persons who added value to my presentation and gave a final shape to it.)

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Hapless parents who are always rushing from pillar to post to make the two ends meet carry a lovely responsibility on their tender shoulders – that of bringing up kids.

Families have shrunk. Technology has sneaked into the family space. Most parents themselves have one sibling each, and they also happen to be equally busy chasing their own dreams. The desire to enjoy independence from parents has led to the current trend of singular families. Kids no longer have the luxury of curling up in bed with the family seniors and listening to juicy stories and fables from the distant past.

kids-internet-1

Often, hassled parents, already bearing the guilt of not being able to spend enough quality time with their kids, get into a conflict with kids over such inane matters as the choice of their friends, the dress they wish to wear in their free time, and the shows they insist…

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Often, your truly is asked about the contents of the book entitled ‘Surviving in the Corporate Jungle’.

The video clip here covers in brief some of the 110+ topics covered in the book.

Enjoy, and be a smarter and happier manager!

(Related Post:

https://ashokbhatia.wordpress.com/2017/10/14/surviving-in-the-corporate-jungle-a-video)

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ashokbhatia

There are indeed times when we run into CEOs whose heads are screwed on just right. They are passionate about what they do. Their heart is in the right place, beating at a rhythm which matches that of the people and the environment. Their sense of ethics is in harmony with their value system which is governed by respect for the society at large. In terms of an upgraded Blake Mouton Grid, they can be spotted in the vicinity of the slot at 9,9,9.X Y Z upgraded

When it comes to achieving results, they do not pull their punches. Their bosses never cease to be amazed by their effectiveness and efficiency. The competition is in awe of many of them and cannot really be blamed for making repeated attempts to poach them. They do not live from one quarter to the next quarter. Their thinking is strategic. Their vision is far-sighted.

This is…

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ashokbhatia

Amongst the kinds of CEOs we have reviewed so far elsewhere, this kind happens to belong to a very rare species in the private sector. However, many public sector outfits, government departments and political outfits owing allegiance to some outdated doctrines could boast of a significant number of CEOs of this genre.

Concern for Output or for results is not their priority. Concern for People is their primary concern. Concern for Ethics is also uppermost in their minds. In terms of an upgraded Blake Mouton Grid, they rank at 1,9,9.X Y Z upgraded

Trade unions of all hues simply love them. Managements dread and despise them. To face an ardent believer who pounds his fists onto teak wood tables of conference rooms and demands strict compliance with labour and industrial laws of all kinds is a prospect which owners bestowed with nerves of chilled steel wish to avoid.

Those who happen to have…

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