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Saturday, August 23, 2014

Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics

Business is any activity, what we do or do not do,, with a single purpose to prosper. Ethics is a vital force to business like "prana" is to human body. Can we say  "prana" and body coexist?


Human race has remained evolutionary  all the while and many things are being evolved as the time passes. Today we have realized that social good is perhaps the right way to sustain humanity on the planet. We have but realized that  wealth creation/prosperity is not meant only for individual, a group of people or organization or nation as a whole but for the social good of the entire human race,"Om Sahanavavatu, Sahanou Bhunaktu, Sahaveeryam Karvavahai".  CSR, MOOC, Bill Gate, Tata  are the ideal examples for promoting such a social good. 

This  naturally needs a foundation, a base. Ethics provides it.

_________________________________________________________________

From: drjaganmohanreddy <drjaganmohanreddy@gmail.com>
Sent: Sat, 23 Aug 2014 09:15:30
To: join_mtc@googlegroups.com
Cc: "drjaganmohanreddy@gmail com" <drjaganmohanreddy@gmail.com>
Subject: Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics
Business and Ethics can coexist and can very well go together. The perception of business is changing over time.
Schumpeter, the great economist, justified profit making by business as reward for taking risk. Some time back KumaraMangalamBirla, made it clear that a "business is not expected to prosper in a society that doesn't. 
Jim Collins and Porras Study has shown that the companies which survive are the ones committed to certain values.
Peter drunker, the father of Modern Management, who in the beginning said that the purpose of the business is to make profit ,later was kind enough to assert that society interests should become the interests of business and it should become the  loadstar of business. 
Gone are those days when business houses were merely thinking of making profit, by hook or crook. But slowly realization is dawning that having taken so much it's time to give something back to the society and especially people. That's how all the talk about triple bottom line (profit, planet and people) had begun.
May be the numbers are not big right now who subscribe to the view about coexistence of business and ethics but definitely more will join in the times to come with people's awareness about their rights/due share is increasing. 
Best wishes
DrA Jagan Mohan Reddy


join_mtc@googlegroups.com>
Date:22/08/2014 21:52 (GMT+05:30)
Subject: Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics

bnath.dutta@gmail.com>
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Sent: Friday, August 22, 2014 8:14 PM
Subject: [MTC Global] [Weekend Hot Debate-II] Business and Ethics

Business and Ethics are oxymoron OR Transfer-epithet OR can coexist.
Share your views ....
Happy Knowledge Sharing.
Best Regards,
Prof. Bholanath Dutta
Founder , President & Convener
MTC Global I www.mtcglobal.org
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Email - president@mtcglobal.org');" class="" style="" target=>president@mtcglobal.org
Cell +91 96323 18178
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