MBA (Business & Indian Ethos): A Gandhian Approach

Indian Ethos raises the values and practices in the Indian culture that contributes to the services, leadership and management. These values and practices are rooted in the interminable essence, and have been influenced by various constituents of Indian philosophy. The Indian Ethos accentuates the concepts like forfeiting the individual desires to serve the society, choosing long term benefits over short term benefits. Indian ethos centers on our social structure, culture and religions. Moreover, our Vedas, Upanishads, Purans, Bhagvat Geeta and Ramayan underwrote the holistic and value added facets in ethos.

Indian education system is the oldest in the world aimed at not only giving the theoretical knowledge to the students but also to change them into a humble individual. This can be attained by the apt development of the moral feelings into the humans. It is supposed that only the speculative knowledge was not adequate to develop a learned individual; furthermore, the person must be pure in his life, beliefs and practices. Therefore, there is growing recognition that good ethics can have a positive economic impact on the performance of firms.

Gandhi’s wisdom and quest for harmony to create a better world is imitated in most international and regional ways. He promoted the social and monetary growth and better standards of life and larger freedom, reaffirms the worth and dignity of human life and the right to equality. Mahatma Gandhi had established the credibility by his actions and the world tailed his philosophy. There is budding recognition that good ethics can have a positive economic sway on the performance of firms. Most of the data available ropes the evidence that values, ethics, truthfulness and responsibility are mandatory in the contemporary workplace. It is not just only accomplishing high levels of economic performance, but also to conduct one of business‘s most important social challenges, ethically. Ethics in business is nothing but the do‘s and don’ts by the business users in business.

Good corporate governance altogether is accountable to ensure the positive workplace environment, marketplace responsibility, sustained growth and increased financial performance. The growth of globalization opened many doors of success. And now as we trade globally, the Indian organizations are said to have conceded on their value system. There exists the need to reinstate the confidence and encourage economic growth. The decay in the values and beliefs is rampant even today and is alleged to be the legacy of the British era. At that time Gandhi ji, with his doctrines of trusteeship, value based and ethical business behavior, modesty, self-control, etc. rescued the Indian organizations.

The SOMC at K R Mangalam focuses on continuously designing the unique and innovative programmes after doing great research with Indian and Global experts. Its latest initiative comes in the form of MBA in Business & Indian Ethos with special focus to Gandhian Studies. The main objective of this course is to recognize and analyze the current value system guzzled by the management for governance and to study the adaptability of the values and beliefs of trusteeship, value based and ethical business behavior, modesty, self-control, etc. projected by M.K. Gandhi. The course strives to bridge the gap between the individual’s ethical behavior and the challenges postured by organized business activity in the marketplace worldwide. The course does not deliver elucidations to ethical dilemmas, but reassures acute ethical thinking and decision making.