EECG - II

‘Values’ the Wealth of Character

 Human and ethical values constitute the wealth
of character.
Wealth of Character segregated in two parts:-
a) Values express dharma or divine nature as
understood in the EAST, specifically in the
Indian Ethos and Insight.
b) Values project the ideas of integrity as
understood in the WEST.
 Integrity
Integrity is wholeness, goodness , courage and
self-discipline to live by your inner truth.
• Wholeness
• Goodness
• Courage
• Self-discipline
• Living by inner truth
 Dharma of Management/Organization
• Each organization and management is considered
by Indian ethos as a living entity, having heart, soul
and dharma.
• The traits of dharma or integrity, e.g. courage,
self-discipline, goodness, righteousness and all
other essential human and ethical values constitute
the character (collective character) of management
or organization just like the traits of individual
character.
• Organizations must follow their own dharma
(collective heart/soul), otherwise pay the price.
• A soul less company has no life.
• The spirit is the root or ultimate source of all values
and character.
• These values and character are the invaluable
assets, credibility and goodwill of individuals,
organization and management.
• Indian ethos emphasizes upon to have strong
character with human and ethical values and to
remain constantly aware of our soul in life and work
life.
• To possess high character and values, we can rely
upon our potential power and capacity to give a
good fight against evil forces.
• The present role in life of one affects one’s dharma.
Each role played by one in life is different and
specific.
• The dharma of the chairman and president of a
company is different from the dharma of a clerk in
the office. They have different roles, duties and
responsibilities.
• The spirit, goodness, wholeness, courage,
fearlessness and concern for others etc are
mentioned in our dharma and character of any
person or any organization and its management.
 Ethical Values VS Skills
• To ‘become’ we need values. To ‘do’ we need
skills.
• ‘Becoming’ (needing values) must precede
‘doing’ (needing skills) in values oriented
management. Values act as base of skills.
• Values are the means of perfection. Skills must
have sound system of values as the base.
• Values are internal, dealing with internal
development of a person, purifying mind and heart.
Skills only make a person proficient. Values are the
means of perfection of personality.
• The field of values is governed by union, holism, and
relatedness. The area ruled by skills is division,
fragmentation and separation.
• Values bring about excellence and universal good,
i.e., soft-were aspect. Skills see us through
mechanics of management (hard ware aspect).Both
‘means’ and ‘ends’ must have values.
• Skills are not enduring due to fatigue. Values
are enduring.
• Skills change with passage of time. Policy is
flexible. Principles and values are not. We
have permanent fundamental values.
 Values and Quality of Work life

• Science and technology offered us startling

developments and liberated us from servitude to
nature.
• Lack of adjustments with fast changing life and
environment, the humanity is undergoing today an
unprecedented crisis of values – moral, ethical, and
spiritual degeneration and chaos.
• Enterprises in any branch of human life in India and
abroad tend to disregard the importance of values.
• Cheating and corruption are considered essential
conditions for winning. Fortunately we are gradually
awakening to redeem ourselves.
• Human harmony and happiness are the main
objectives of any enterprise to justify its survival
and progress.
• Phenomenal material progress is achieved but we
could not achieve any target of human happiness.
• Man in the person as a manager or operator is
conspicuous by its absence.
• Ethics and values must be an integral part of
management and work culture.
• In the process of pursuing exclusively the
material well-being, we have threatened both
physical environment and ethical-moral fabric
of our society.
• We have created unwanted stresses and
strains, unrest and loneliness in the human
mind and adverse organizational work-life.
• Any organization which cares for its people
cannot ignore such unhealthy developments.