Indian Ethos and Business Ethics

Objectives,Outcomes
Module 1

23 PGDM 10 ; INDIAN ETHOS AND BUSINESS ETHICS ; JANUARY 10,2024 1

-
 Features of Ethos
6. Whole-Man Approach:
Based on Indian scripture like-Shruties and Smruties. Indian thought provides the whole-man approach
through knowledge of creation, cosmos and internal relation between spiritual and materialistic life.
7. Work is Worship:
Works with the fact that all work is worthy and honourable. ‘Work is worship’ is the guiding principle for all
effort as advocated in the Indian ethos.
8. Duty and Responsibility: It always emphasises only on the duties and responsibilities of human beings.
9. Knowledge: Deals with two types of knowledge: Knowledge about creation and Knowledge about
creator
10. Excellence at Work: Total quality management can be assured through excellence at work, through
self-motivation and self-development

23 PGDM 10 ; INDIAN ETHOS AND BUSINESS ETHICS ; JANUARY 24,2024

-
 SHRUTI

Rigveda Yajurveda Samaveda Atharvana Veda

SMRUTI

Vedangas
Siksha Upavedas Upangas Darshanas Nyaya
Vyakarna Vaisheshika
Nirukta Sankhya
Kalpa Nyaya Yoga
Dhanurveda
Chandas Ayurveda Mimamsa Purva Mimamsa
Jyotisha Arthashastra Itihasa-Purana Vedanta
Sthapatyaveda Dharma Shastras
 Need of Ethos
1. Maintain Holistic Universe:
Interconnection
Love and Sacri ce

2. Elucidate Motivation
3. Welfare
Atmano Mokharth Jagat Hitay Cha
4. Unique Work Culture
5. Evenness of Mind
6. Self-development
7. Provides Concentration
8. Establishes Value System
(honesty, integrity, compassion, care and
cooperation)

23 PGDM 10 ; INDIAN ETHOS AND BUSINESS ETHICS ; JANUARY 24,2024

-
fi
 ETHOS
The ancient guiding principles thus is a good pathway for:
1. Self-puri cation and Self-development.
2. Individual growth and welfare.
3. Collective growth and welfare.
4. Team spirit and Teamwork.
5. Autonomous management, minimum control and supervision.
6. Manager acts as a Mentor.
7. Self-motivation.
8. Perfection.
9. All round happiness and prosperity.
10. Skills and values united.
11. Con icts resolved by integration.

23 PGDM 10 ; INDIAN ETHOS AND BUSINESS ETHICS ; JANUARY 24,2024

-
fl
fi