There is pragmatism, flexibility, ability to work in a difficult operating environment, knowledge of English and democratic values, ability to work in mixed environments with promoters, etc. These are the important facets in The Indian Way of management.
It indicates the unity between the Divine (The Divine means perfection in knowledge, wisdom, and power), individual self and the universe. The holistic approach of management is based on the spiritual principle of unity, oneness, and non-dual concept.
Ethics is a branch of philosophy that deals with identifying, defending and recommending concepts of right and wrong behaviour. Ethos is a term that is used to describe principal beliefs or ideals that form the basis of a community, nation, or ideology.
Work Ethos is at the heart of why we work, what drives us and gives us purpose and meaning in the workplace. It is a state of mental being that leads to what Gallup describes as employee engagement (or disengagement).
The ethos of a culture or society is its collective spirit or character—the fundamental or underlying beliefs and attitudes that influence its customs and practices. The word can also refer collectively to such beliefs and attitudes in a person.
Indians generally place a high value on harmony and unity with others, keeping a strong nexus with their community and relatives. A unified and interdependent community or family provides a support system that an individual can rely on daily.
Moral management:According to moral management ethics, managers aim to maximise profits within the confines of ethical values and principles. They conform to professional and legal standards of conduct.
Value, also known as lightness or tone, a representation of variation in the perception of a color or color space's brightness. Value (computer science), an expression that implies no further mathematical processing; a "normal form"
Ethics is based on well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues. "Being ethical is doing what the law requires." "Ethics consists of the standards of behavior our society accepts."
Unique Work Culture: Indian ethos helps in development of unique work culture. Work is considered as duty or Sadhana and there is no difference between Karma(work) and Dharma(religion). The term Dharma does not indicate any particular religion. Dharma is a duty to be performed in a given situation.
Managers should set up seminars, workshops and similar programs to promote ethics in the workplace. Training sessions reinforce the organization's standards of conduct, to clarify what practices are and are not permissible, and to address possible ethical dilemmas.
The definition of business ethics is the set of moral rules that govern how businesses operate, how business decisions are made and how people are treated. An example of business ethics is when moral rules are applied by a corportion to determine how best to treat its employees, shareholders and customers.
Which of the following characterize a manager as being effective? They use a minimum amount of resources for the amount of outputs produced.They devote a large amount of time to planning.They achieve their goals.
The Indian Council of Medical Research has laid down the 'Ethical Guidelines for Biomedical Research on Human Subjects' in the year 2000 which were revised in 2006. It gives twelve general principles to be followed by all biomedical researchers working in the country.
The holistic approach entails the decision making process of the managers using a more humanitarian aspect and values. These should be consisting of honesty, simplicity, transparency, being fearful, disciplined and more.
