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Human Values in Management Prof.P.L.Dhar I.I.T Delhi

Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

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Page 1: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Human Values in Management

Prof.P.L.DharI.I.T Delhi

Page 2: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

SynopsisWhat is management, what are Values ?Typical Organizational ValuesDifficulties in living unto our values….value conflicts in daily lifeWhy does the mind become impure ?How to purify the mind- its benefitsManagement and values-Stephen Covey’s perspectiveA Case studyConcluding Remarks

Page 3: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

What is Management ?

The professional administration of (...business concerns , public undertakings)

business, industrial, project, production, operations, quality, supply chain, personnel, financial, household……

Generic Requirement : Facilitating the achievement of the desired goal in an optimal manner

Page 4: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

PRODUCER

MANAGER

Input Output

InputOutput

Management is essentially moving the fulcrum over

Page 5: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

What makes a good Manager ?

Skills : Financial, Engineering, Marketing , Administrative , Interpersonal relationship, public relations , communication

Values : help us to distinguish between desired and desirabledelectable and electablepreya and shreya

Page 6: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

What are values ?

Values ( dictionary meaning) : principles and beliefs that we think are valuable or important in life………help us decide our aspirations, goals and the means to achieve theseCategorization : Personal, organizational, economic, social, cultural, aesthetic, family, constitutional, democratic, ethical and moral, spiritual

Page 7: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Typical Organizational ValuesJapanese Co.

National Service through IndustryFairnessHarmony & CooperationStruggle for bettermentCourtesy and humilityAdjustment&AssimilationGratitude

American Co... being the bestimportance of the details of Executionimportance of people as individualssuperior quality & serviceorganization should be innovativeinformality to enhance communicationimportance of economic growth

Page 8: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Values for Indian Managers ….suggested by Prof. Chakraborti

Respect for IndividualCooperation and TrustNon- JealousyPurification of Mind … for noble thoughtsTop quality product/serviceWork is worshipNon covetousness

Ethical & moral soundnessSelf discipline & Self restraintCustomer satisfactionCreativityThe Inspiration to giveRenunciation and Detachment….from selfish demands

Page 9: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Most Crucial Requirement for a Good Manager

“Technical” SkillsEquanimity of mind…...samatamaintaining a calm and positive poise , and regaining it quickly when unsettled, in the midst of all external vagaries of work life and social existence

Ethical & moral soundness-corporate fraudsSelf control

Essence of Spiritual development

Page 10: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

DIFFICULTIES IN

LIVING UNTO THESE VALUES

Page 11: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Value Conflicts in Daily & Professional Life

Truthfulness : avoiding caller on ’phone ; owning up mistake , back biting, AdvertisingHonesty : Buying /selling a house ; Inflated Electricity bill / property tax; succumbing to undue pressure--nepotismWork is worship : State of PSUs , Govt. Deptts., Call CentresNon jealousy : promotion blues

Page 12: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Statutory Warning: Speaking the Truth can be harmful for your health.

Page 13: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Resolving value conflicts

Differentiating between “ sensory pleasure” &

“happiness born out of purity of mind ”

Prioritizing Values

Limitations of intellectual knowledge

Page 14: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Knowing vs Imbibing Values

Duryodhana’s dilemma janami dharamam na ca me pravritti janami adharmam na ca me nivritti.Chasm between conscious & unconscious mind It is easier to denature plutonium than to denature the evil spirit of Man- A.EinsteinPractical training in mental purification

Page 15: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Why does the mind become impure ……….…...1

General perception : when we come in contact with anything unpleasant, what we dislike……anger, despair, ill will etc. arisewhen we come in contact with anything pleasant, which we like…..greed, desire to have more, jealousy etc. ariseIf this be the ultimate truth : change the surroundings ; escape from these states quickly

Page 16: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Why does the mind become impure ……......….2

Cognition Evaluation

Sensation

Blind reaction Bare Observation

Experience of ImpermanenceMind more impure

Page 17: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Why does the mind become impure…………......….3

Modern studies also agree that sensations play a crucial role in emotion but most of the time these are below the threshold of our awareness, yet the subconscious mind feels and blindly reacts to them.

Develop the ability to feel these sensations, not react to them blindly, but observe these equanimously

Page 18: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Essence of Mental purification

Complete direct & immediate mindfulness of whatever happens in the body-mind complex ….rediscovered by the BuddhaMost crucial : direct ‘bare experience’ of the impermanent nature of the bodily sensations without any reaction - practice of VipassanaEquanimity is purityUHV are the characteristics of a pure mind

Page 19: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Benefits of the practice…….1

Self control look before you leap….. ..mindfulness acts like the brakes on a car

Increase in concentration & efficiency, reduced digressive thoughts & day dreams

Proper self appraisal-knowledge of strengths and weaknesses….mindfulness is like a mirror

Page 20: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Benefits of practice………2

Ability to face the vicissitudes of life with equanimity

reduction in escapist tendencies: smoking, drinking, drugs

Manifestation of higher ‘needs’ - increased self fulfillment

Page 21: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Benefits of practice………3

Increased selfless love and compassion -improvement in relationships……... .mental impurities are the enemies which besiege our inner household and destroy our peace and harmony.

Insight into Life, its purpose, the way to achieve it,and the confidence that it can be done.

Page 22: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Management & Values- Stephen Covey’s Perspective

Page 23: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,
Page 24: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Overview

Be proactive : personal visionBegin with end in Mind : personal leadershipPut first things first : Personal Management

Think win/win : interpersonal leadershipFirst understand.. : empathic communicationSynergize : Creative cooperation

Sharpen the saw : Balanced self renewal

Private victory

Public victory

Self Renewal

Poss

ible

thro

ugh

Prac

tice

of V

ipas

sana

Page 25: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

A Case Study : Anand Engineers, Mumbai

Labour trouble 1976-83--lock out Chairman in depressionTakes Vipassana Course 1983-- realizes “his contribution” to the problems of the company & begins removing theseSends workers and managers to Vipassana Camps (1985-)Initiates joint group sitting in the company

Page 26: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

A Case Study : Anand Engineers, Mumbai

Harmony in the company{ less ego in managers, less anger in workers}The company turn around begins

-100

102030405060708090

100

1983

1988

1992

1995

turnoverprofit

Set an example in brotherhood during Riots

Response to Recession

Page 27: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Concluding Remarks

Human values based management is economically viableManagers can be trained to imbibe human valuesVipassana is a powerful technique for Value InculcationIts utility in improving industrial management has been demonstrated

Page 28: Prof.P.L.Dhar I.I.T Delhi · PDF fileWhat is Management ? The professional administration of (...business concerns , public undertakings) z business, industrial, project, production,

Thank You !