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New Age Business
Ethics and Cleaner Business Culture – The Role of 'Spiritual
Quotient'
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V G Sarangan, Dean
(HR & Training), Sri Chandrasekarendra Saraswathi Viswa Maha Vidyalaya
(SCSVMV) University, Enathur, Kanchipuram, Tamil Nadu
Muthu Krishna V, MBA Student, IIIT Gwalior (ABV-IIITM) and Former
Quality Consultant at Ford Technology Services India, Chennai
Ekambareswaran Jeyaraman, Lead IT Operations, Ford Technology Services
India (FTSI), Chennai
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An effective
Business leadership is needed to focus on Spiritual Quotient as
equal to the other facets of managerial commercials in the fast
changing business dynamics. In a world filled with uncertainty,
mad fervors, fuming materialistic pursuits, burning ambitious jealous
and high pressure on task completions with least importance to values
and ethics, morality focused management play the key role in getting
global leaders back to the track of 'being humane'. Market driven
economy is reliable only when it has accommodation in examples state
the superior outcomes with integrated emotional, spiritual and intellectual
quotients in Business Models. Unified intelligence, spirits, values,
hopes, gratitude, ethics and intersection of loyalty scores, corporate
social responsibility, corporate accountability and strategic governance
in a successful business is at the spiritual consensus, far from
the reach of pseudoscience-fantasies.
This paper discusses on the secular scope of value driven corporate
with maximizing the business parameters and returns in a spiritual
quotient managed work culture. Eastern world has always spoken very
high on the performance oriented cleanliness and a gentle business
where both the sides of transactions stay happy and profitable!
Mad-raced capital economy has brought a greater importance on the
process of reaching and implementing socio-spiritual values blended
with philosophical genre to have more humane regulatory policies
in improving the ethical culture of money-making and enhanced decision
making skills of the corporate
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Using Spirituality
and Meditation to Reinvent CSR Activities through Dana: Exploring
the Potentials
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Saumya Bera, Indian
Institute of Technology, Kharagpur
Rashmi Ranjan Behera, Indian Institute of Technology, Kharagpur
Priyadarshi Patnaik, Indian Institute of Technology, Kharagpur
Suhita Chopra Chatterjee, Indian Institute of Technology, Kharagpur
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Organized religion
has been associated with generosity behaviour or dana since time
immemorial. Dana in the Indian context implies giving for altruistic
purposes without any expectations. However, religion is a much larger
concept which includes many other dimensions such as precepts, prohibitions,
world views and rituals which do not contribute significantly to
dana. In this paper we propose that it is the element of spirituality
(as a subset of most organized religions) that plays a key role
in eliciting generosity. While the term 'spirituality' has a long
history, its contemporary use separates it from religion per se
and emphasizes a state of mind and an attitude. We feel that this
state of mind, which often is a part of religious experience, and
is well documented in almost all world religions, may play a vital
role in inducing an attitude of altruism which is specific to certain
actions – namely dana. It will be our attempt in this paper
to bring out the relation between the three – spirituality,
altruism and generosity – in order to suggest that they can
play a vital role in contemporary organization practices for the
betterment of society. Moreover, we will also attempt to link meditation
to spirituality – as an induction process which often paves
the way to spirituality – as a model that can work in modern
organizational settings to benefit the employees, the organization,
and finally the society. While changing the whole organizational
philosophy may be too difficult – like Plato's attempt to
make a philosopher king out of Dionysius II – it is possible
to use organizations' CSR as an important platform where the underlying
mechanism of generosity and philanthropy outlined above may be beneficially
implemented. The paper will attempt to explore these potentials
as well as risks in order to develop preliminary guidelines for
spirituality-based CSR.
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Effect of Spirituality
on Human Performance - A Myth or Reality?
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K. Kalyanasundaram,
Research Scholar, Amrita School of Business, Amrita University, Coimbatore
P. Balasubramanian, Associate Professor, Amrita School of Business,
Amrita University, Coimbatore
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There
are many researches conducted in the area of factors influencing
human performance in various industries. Many improvement projects
using lean and six sigma techniques have been applied in the past
to overcome the problem of human errors. Factors can be broadly
classified into Individual and Organisational. The topic of human
performance has been heavily researched in industries such as Nuclear,
Aviation, Healthcare etc...Studies have been conducted depending
upon the type of tasks considering Physical Quotient, Intelligent
Quotient and Emotional Quotient. However, the effect of human task
performance as a result of Spiritual Quotient is a very unique study
and first of its kind. This paper aims to test if the ultimate knowledge
of spiritual intelligence has any influence on the human
performance. A controlled experiment was conducted. The dependent
variable is Accuracy of the transaction processed with independent
factors as Gender and Spiritual Intelligence. 2 It was a 2 experiment,
i.e. 2 factors (Gender and SQ) and 2 levels (male/female and high/low).
63 MBA students (41 males and 22 females) of a Business School were
involved in this experiment. They were asked to fill up a 24 items
questionnaire on Spiritual Intelligence. Later they were asked to
perform a task to understand their performance. The task involved
reading a passage and entering data both numeric and alphabetic
into a standard template.The participants were given sufficient
time as per the industrial standards just to simulate the work environment
pressure. There were 59 fields of data entry and the performance
was calculated by measuring the accuracy of data entry. That is,
the ratio of number of fields entered correctly to the total number
of fields to be entered. (defects per opportunity). The results
show that human performance is significantly related to Spiritual
Intelligence irrespective of the Gender.
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Human Values and
Professional Ethics: A Critical Appraisal
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Abhishek Gupta,
Administrative-cum-Accounts Officer & Head of Office Sardar Swaran
Singh National Institute of Renewable Energy (Ministry of New &
Renewable Energy, Govt. of India), Kapurthala (Punjab), India
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Everything that we
see belongs to one of the four `orders' i.e. Material Order, Plant/Bio
Order, Animal Order, Human (Knowledge) Order. Material order is
the most abundant in nature and exists in the form of all the soil
mixtures, metal and compounds, various gases, water and other liquids
etc., Plant/Bio order exists as the smallest seeds to the plentiful
grass, the various plants and trees and the all the vegetarian in
the ocean. There are several cyclical processes that we can see
in nature. The quantity of water on the surface of earth remains
conserved by itself, no need for human intervention. Breeds of plants
and animals are similarly self-regulated in their environment. This
phenomenon is termed as selfregulation. These two characteristics
namely, cyclical nature and self regulation provide us with some
clues of harmony that is in nature. When we consider humans and
animals, we can understand that they are as a coexistence of the
Self (`I') and the Body. If we look at the body, we find that in
its fundamental unit, there is a cell. The cell belongs to the plant/Bio
order. As humans, each one of us also has desires that we pursue
an ability to think and the ability to make choices. In this Desire,
Thought and Selection, we exhibit more activities than any unit
in the animal order. As a result, humans are in a separate order
than animals. Thus, in human beings, `I' has the activities of Desiring,
Thinking, and Selecting/ Tasting, with a possibility or need for
Understanding and Realization. Only humans have the need to know
and that is why it is called the Knowledge Order. This Knowledge,
this right understanding is what we have been the process of self-verification
in us, we have to start becoming more aware, and start exploring
into the proposals at all four levels of our living.
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The Eightfold Path
of Buddhism for an Effective & Credible Leadership
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Sonal Shree, Assistant
Professor, SIBM Pune (Symbiosis International University)
Lavina Sharma, Assistant Professor, SIBM Pune (Symbiosis International
University)
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The critical role of
a leader in has become more crucial than ever before in the era
of fierce competition and the challenge to compete ethically. The
first step towards being an effective leader is winning trust of
the followers which can easily be done by building credibility at
the personal level. Skills, capabilities, strategies and practices
will be void without an understanding of the essential human hopes
and aspirations that connect leaders to the followers. It is in
this light that this paper explores the possibility of following
the Eightfold path of Buddhism for a balanced leadership through
wisdom, ethical conduct and mental
discipline.
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Spirituality at
Work Place – An Emerging Template for Organization Capacity
Building?
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N.R.Aravamudhan,
Research Scholar, Anna University, Chennai
R. Krishnaveni, Professor, PSG Institute of Management, Coimbatore
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Workplace spirituality
is gaining traction in recent times. Though the confluence of age-old
mysticism and good old capitalism sounds bit anachronistic, this
inter-play has become a subject of fascination for both practitioners
and academicians atleast from the perspective of workplace spirituality.
Workplace spirituality is increasingly becoming a matter of interest
to organizations because of the host of benefits it offers. Workplace
spirituality seeks to build the capacity at two levels i.e. individual
and organization. At individual level, it seeks to nurture the creativity,
imagination and intuition besides improving the trust and honesty.
At organization level, workplace spirituality holds out potential
to improve organization performance. This paper looks in to the
reasons for the surge of interest in spirituality at work, spirituality
dealt in the realm of wisdom traditions, approaches to implementing
workplace spirituality and the link between spirituality and individual
and organizational outcomes.
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Life Satisfaction
– What Does it Really Mean to Indians?
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Madhuri Modekurti-Mahato,
Assistant Professor, Usha Martin Academy, Ranchi, Jharkhand
Pranab Kumar, Associate Professor, Department of Management, Birla
Institute of Technology (Deemed University), Lalpur, Ranchi, Jharkhand
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Globalization, customer-oriented
bureaucracy, changing lifestyle patterns and erratic demographic
changes have all laid foundation to the modern contemporary society
of India. In order to account the changing contexts, most research
studies conducted under the organizational context have explored
either the job satisfaction construct or the role related aspects.
This limits the earlier studies to the work domain alone. This study
has tried exploring the Life Satisfaction construct, which in itself
is comprehensive and inclusively measures both the work and non-work
domains. The present study empirically examines the variables of
Ideal Life, Excellent Life Conditions, Satisfied Life, Important
Things Achieved in Life and Happiness with status quo for the services
sector in India. A total sample of 411 employees has recorded their
responses that were chosen across seven industries. The Study reveals
that the female employees were found to possess excellent life conditions
and a more ideal life than their male counterparts. While the men
scored on higher satisfaction with life, higher achievement and
were in relatively high spirits about their life. This study is
phenomenal in the sense that it explored a rare construct for a
developing economy which is still foreseeing a multitude of transitions.
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Workplace Spirituality
and Toleration of Employee Expression – An Exploratory Study
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A. Prince Jason,
Research Scholar, Faculty of Business Administration, Sathyabama University,
Chennai
S. Sudha, Associate Professor, Department of MBA, St.Joseph's College
of Engineering, Chennai
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Workplace Spirituality
has become a basic need for every organisations and especially Information
Technology (IT) organisations. Workplace Spirituality is not viewed
as organized practices but it is the recognition of that taking
place in the community of the organisation. This study is an effort
to understand the factors of workplace spirituality. It also finds
out the organisations' toleration of employee expression and the
relationship between workplace spirituality and toleration of employee
expression. The study was carried out by selecting five IT organisations
in Chennai city, India. Primary data was used for the study and
it was collected with the help of a structured questionnaire. The
responses were collected and analyses were done based on the objectives
to be achieved. The study revealed twelve factors of spirituality
which was then grouped to three factors. It is also evident from
the study that there is a positive significant relationship between
workplace spirituality and toleration of employee expression.
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Leadership Styles
of Bank Managers in Nationalized Commercial Banks of India
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Ajay Jain, HOD-Department
of Integrated MBA, SRM University, Modinagar, U.P.
Shikha Chaudhary, Research Scholar, SRM University, Modinagar, U.P.
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Commercial banks are
banks engaged in classic business of accepting deposits and giving
loans as against merchant banking, where the primary responsibility
is to help business by raising loans. NPA's in banks have reduced
their profitability and goodwill in the eyes of customers. Leadership
styles of Managers' in banks at various levels provide a sound background
to the banking industry. Trait, behavioural and situational leadership
studies, ability, dynamism, perceptions, attitudes of bank managers
are helpful to manage problems in the banks and hence improvement
in their performance. The study suggests that to adopt participative
leadership style to emphasize state development by infusing at each
level of management with a serve of belonging and involvement. Senior
level managers should develop work place relationship, which is
one of the critical skills, every leader in today's work environment
and need to possess.
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Understanding
Avnivesh for Karmic Model of Leadership Development
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Anindo Bhattacharjee,
Assistant Professor, School of Management Sciences, Varanasi.
Sandeep Singh, Associate Professor, School of Management Sciences,
Varanasi.
Abhay Kumar Singh, MBA Student, School of Management Sciences, Varanasi.
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This paper discusses
the relevance of avinivesh which literally means the “fear
of death” and the doctrine of karma in the context of developing
leaders for the 21st century. It argues that avinivesh is the root
cause of many decision-failures of leaders which have been
attributed reasons like narcissism, hubris, greed, etc in prior
leadership research. It also tries to present the “doctrine
of Karma” in a more universal sense towards explaining how
avinivesh leads to a leadership vision infested with fear, anxiety
and insecurity which ultimately manifests as business and economic
uncertainty threatening the perpetual existence of the organization
or institution in particular.
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