IEBE Bagavat Gita and Business Ethics.pptx

Bagavat Gita and Business ethics.

1. Business Ethicts Bhagavat Gita

2. What is Bhagavat gita ? Gita is a sacred Hindu text that teaches dharma, karma and other human values. It is a conversation between a Prince Arjuna and his charioteer Lord Krishna in the brink of war against his family. It Dwells into ethical dilemma of Arjuna in front of war

3. Baghavat Gita Teachings Yoga

4. What is Business ethics? Business ethics is the moral principles, policies, and values that govern the way companies and individuals engage in business activity.

5. Relevance to business Principle of ethical leadership Decision Making Responsibility Resilience Process centric approach

6. Do You Know theses Guys? This Photo by Unknown Author is licensed under CC BY-SA-NC

7. Do You Know theses Guys? Vijay Malya Nirav Modi Harshad Mehta   Byrraju Ramalinga Raju. Malya Scam Nirav Modi Harshad Mehta Scam Sathyam Scam This Photo by Unknown Author is licensed under CC BY-SA-NC

8. Lessons from India's Corporate Scandals Ethical Failure Violation of Dharma Attachment to Profit Consequences Vijay Mallya Mismanagement, financial misconduct Greed, luxury Business collapse, personal exile Nirav Modi Fraud, betrayal of public trust Excessive wealth Financial harm, legal penalties Harshad Mehta Market manipulation Greed, profits Damage to financial system Sathyam Scam Financial misconduct, Falsification of receipts Greed, Ambition, Profit Business collapse, Arrest of owner.

9. Gita’s Teaching and influence to Business and Leadership. Lets see how.

10. Lets dive into some case studies

11. Tata Group: A Model of Corporate Dharma Sustainability Focus Tata's renewable energy investments and environmental stewardship align with Karma Yoga. Employee Welfare Tata's commitment to its workforce reflects the Gita's teachings on responsible leadership. Tata Trusts Tata's philanthropic efforts embody the principle of acting for the greater good.

12. Patagonia: The outdoor clothing company Environmental Focus Patagonia is a outdoor clothing company commitment to sustainability and reusing. Corporate Activism Patagonia has a long history of political and environmental activism. Since 1985, it has committed 1% of its total sales to environmental groups through  One Percent for the Planet

13. Volkswagen's Ethical Failure Short-term Profit VW prioritized profits over environmental responsibility. Violation VW betrayed its duty to stakeholders and the environment. Long-term Consequences VW faced legal penalties, fines, and reputational damage. Volkswagen installed software known as "defeat devices" in certain diesel-powered vehicles. These devices detected when the car was being tested and switched to a mode that reduced emissions, allowing it to pass tests. Under normal driving conditions, the defeat device would be deactivated, and the car would emit significantly higher levels of nitrogen oxides (NOx) than allowed by regulations.

14. Thank You