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Indian Value System in Business
Teaching from scriptures
(Gita, Quran, Bible)
Presentation by Group 1
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.
> <
<
> <
<
Karma, dharma, yog
Gita
04.
• 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
Indian culture and religion
• Respect for elders
• Collectivism
• Hospitality
• Non-violence
Indian Value
System in Business
Integrity, Honesty, Fairness,
Social Responsibility
02
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
Scriptures and
Business
Ethics
03
(significant impact on Business)
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.
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
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.
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)
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
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
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
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
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.
THANK YOU
https://www.youtube.com/channel/UCn8S6Utv89vbb-isW4c635A

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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. > < < > < < 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
  • 5. Indian Value System in Business Integrity, Honesty, Fairness, Social Responsibility 02
  • 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.