Introduction:
India has a rich cultural heritage, and its teachings from ancient scriptures have relevance even today. The Indian value system is based on the principles of dharma, karma, and ahimsa, which are ingrained in the Indian psyche. The Indian value system emphasizes the importance of ethics, morality, and spirituality in business, and the teachings from the Gita, Quran, and Bible have a lot to offer in this regard.
The Gita and Indian Value System:
The Gita, an ancient Indian scripture, is a source of inspiration for many in India. The teachings of the Gita emphasize the importance of ethics, morality, and spirituality in business. The Gita teaches that one should work with detachment and should not be attached to the fruits of one's labor. This means that one should perform one's duty with sincerity and dedication without worrying about the results. This attitude helps one to remain calm and focused, and it also reduces stress and anxiety.
The Gita also teaches the importance of dharma, which means righteousness or duty. The Gita teaches that one should follow one's dharma and should not deviate from it. This means that one should act according to one's ethical and moral principles and should not compromise them for any reason. The Gita also teaches the importance of karma, which means action. The Gita teaches that one should perform one's duty without any expectation of reward or recognition. This attitude helps one to focus on one's duty and to do it to the best of one's ability.
The Quran and Indian Value System:
The Quran, the holy book of Islam, is a source of inspiration for many in India. The teachings of the Quran emphasize the importance of ethics, morality, and spirituality in business. The Quran teaches that one should be honest and trustworthy in business dealings. This means that one should not cheat or deceive others and should treat others with respect and dignity. The Quran also teaches the importance of charity and giving to those in need. This means that one should be generous and should help those who are less fortunate.
The Quran also teaches the importance of justice and fairness. The Quran teaches that one should treat others fairly and should not discriminate against anyone based on their race, religion, or social status. The Quran also teaches the importance of forgiveness and compassion. This means that one should forgive others for their mistakes and should show compassion towards those who are suffering.
The Bible and Indian Value System:
The Bible, the holy book of Christianity, is a source of inspiration for many in India. The teachings of the Bible emphasize the importance of ethics, morality, and spirituality in business. The Bible teaches that one should be honest and truthful in business dealings. This means that one should not lie or deceive others and should treat others with honesty and integrity. The Bible also teaches the importance of humility and service.
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BECG.pptx
1. Indian Value System in Business
Teaching from scriptures
(Gita, Quran, Bible)
Presentation by Group 1
2. Table of contents
Indian culture and religion
Introductions
01.
significant impact on
Business
Scriptures and
Business Ethics
03.
Integrity, Honesty, Fairness,
Social Responsibility
Indian Value System in
Business
02.
honesty, fairness, and
justice, humility,
generosity, and love
Quran and Bible
05.
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Karma, dharma, yog
Gita
04.
3. • In India, culture and religion are
deeply intertwined, and the
country has a rich tradition of
ethical and moral values that
have shaped business
practices over the years.
01
Introduction
Indian culture and religion
4. Indian culture and religion
• Respect for elders
• Collectivism
• Hospitality
• Non-violence
6. Indian Value System in Business
Being honest, truthful, and
transparent in business
dealings, and adhering to
ethical standards.
Integrity
Treating all stakeholders
with respect and fairness,
and not discriminating
against anyone based on
their caste, gender, or
religion.
Fairness
Being truthful and sincere in
all interactions, and not
engaging in fraudulent or
deceptive practices.
Honesty
Being aware of the impact of
business activities on society and
the environment, and taking steps
to minimize negative impacts.
Social Responsibility
8. 1. Encouraging ethical behaviour : This includes business,
where ethical behaviour can lead to greater trust, respect, and long-term success
2. Promoting fairness and justice: This includes treating
employees, customers, and suppliers fairly, paying fair wages, and avoiding
discrimination
3. Fostering a sense of purpose: By promoting a sense of purpose
and connection to something greater than oneself, businesses can improve employee
morale and motivation.
4. Encouraging servant leadership: where leaders prioritize the
needs of their followers rather than their own interests.
5. Providing a moral compass: For many people, religious texts
serve as a moral compass, providing guidance and inspiration for how to live a good life.
9. कर्मण्येवाधिकारस्ते र्ा फलेषु कदाचन।
र्ा कर्मफलहेतुर्भमर्ाम ते संगोऽस्त्वकर्मध
"You have the right to perform your prescribed duty, but you are not entitled to
the fruits of action. Never consider yourself to be the cause of the results of
your activities, nor be attached to inaction."
Lesson: Focus on your work and do it with dedication and sincerity, without being
attached to the outcome. Success or failure should not affect your commitment to
your work.
04
10. The Bhagavad Gita is a sacred Hindu text that is widely regarded as
a guide to life and spiritual development.
Its teachings on:
karma (action),
dharma (duty), and
yog (union with the divine).
These teachings relate to business values such as integrity, accountability,
and social responsibility in various ways.
11. For example,
(the role and responsibilities
we have in our lives.)
Dharma
Karma
(the attainment of a higher
state of consciousness and
the realization of our
interconnectedness with all
beings)
Yog
01
02
Tata Group: "To improve
the quality of life of the
communities we serve
globally through long-term
stakeholder value creation
based on Leadership with
Trust."
The Akshaya Patra
Foundation: is a non-profit
organization in India that
provides mid-day meals
to school children. The
organization's founder,
Madhu Pandit Dasa, is a
devotee of the Hare
Krishna movement and has
cited the teachings of the
Bhagavad Gita as a major
influence on his work.
(actions we take and their
consequences)
12. 05. Quran and Bible
The Quran is the holy book of Islam,
and it emphasizes the values of
honesty, fairness, and compassion.
It teaches that one should conduct
business with integrity and justice,
and that profits should not be
gained at the expense of others.
The Bible is the holy book of Christianity,
and it teaches that one should treat
others with respect and kindness, and
that honesty and fairness should
guide one's business dealings. It
emphasizes the importance of
humility, generosity, and service to
others.
Quran Bible
13. I. Quran's Teachings on Honesty, Fairness, and Justice
II. Relationship between Quran's Teachings and Business Values
A. Transparency
Requires honesty and openness in business dealings
B. Ethical Conduct
Requires treating stakeholders fairly and upholding principles of justice
Aligns with Quran's teachings on fairness and justice
C. Respect for Stakeholders
Requires recognizing the inherent worth and dignity of all people
III. Examples of Indian Businesses that Incorporate Quranic Teachings
A. Wipro Group
Strong commitment to ethical business practices and social responsibility
Corporate mission statement emphasizes sustainable business practices and
partnership with stakeholders
B. Godrej Group
Strong commitment to sustainable business practices
Focus on reducing environmental footprint and supporting social development programs
14. Bible
I. Bible's Teachings on Humility, Generosity, and Love
A. Humility:
Importance of placing others before oneself
Emphasis on serving others and not seeking personal gain
Encouragement to recognize one's own limitations and seek guidance from others
B. Generosity:
Importance of giving to others freely and without expectation of return
Emphasis on sharing wealth and resources with others in need
Encouragement to give sacrificially and with a joyful heart
C. Love
Importance of loving others as oneself
Emphasis on caring for others and putting their needs before one's own
Encouragement to show compassion and empathy towards all people
15. II. Relationship between Bible's Teachings and Business Values
A. Servant Leadership:
-Requires leaders to put the needs of their employees and customers first
Aligns with Bible's teachings on humility and serving others
B. Community Involvement
-Requires businesses to be active and engaged in their local communities
Aligns with Bible's teachings on generosity and caring for others
C. Compassion for Employees and Customers
-Requires businesses to treat employees and customers with respect and
empathy
-Aligns with Bible's teachings on love and caring for others
III. Examples of Indian Businesses that Incorporate Biblical Teachings
A. Tata Group
-Strong commitment to community development and social responsibility
Corporate values emphasize ethical behavior, respect for stakeholders, and servant
leadership
B. Amul
-Cooperative organization focused on empowering farmers and supporting
rural development
-Emphasis on community involvement and sustainable business practices
16. Conclusion:
• The Bhagavad Gita, Quran, and Bible - and how they relate to modern business values. Each of
these scriptures emphasizes different values, such as selfless action, honesty, fairness, servant
leadership, and compassion. We also provided examples of Indian businesses that incorporate
these teachings into their operations.
• It is crucial for businesses to integrate values from Indian scriptures into their practices, as these
values can foster ethical conduct, respect for stakeholders, and positive community impact. By
implementing these values, businesses can enhance their reputation, build trust with customers
and employees, and contribute to the betterment of society.
• This may involve implementing servant leadership practices, promoting transparency and ethical
conduct, or finding ways to give back to the community. By incorporating these values, we can
create a more just and compassionate business culture. the teachings of Indian scriptures offer
valuable lessons for modern business practices. By integrating these values, we can build a
more ethical and compassionate business culture that benefits both businesses and society as
a whole.