Values ann ethics

8/12/2019 Values ann ethics

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ts not doing thingsrightbut doing the rightthings.


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What is a value?

Qualities, characteristics, or ideas about which we feelstrongly.

Our values affect our decisions, goals and behavior.

A belief or feeling that someone or something is

worthwhile.

Values define what is of worth, what is beneficial, and

what is harmful Values are standards to guide your action, judgments,

and attitudes.


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You have been given a check for Rs.1000.00

to do whatever you like with it. What wouldyou do with it? Share with the class what you would do with it.

Conclusion:

What you spend the money on has

everything to do with what you value


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HypocriteOne who subscribes to one

set of values, and does another.

Immaturity - One who has not identified

his values.

Immaturity:

Unclear values

Drifters

Flighty Uncertain

Apathetic

Maturity

Clear values

Life of purpose

Meaning and direction


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Direction:ValuesGoalsBehaviorSelf-value

Values give direction and consistency to

behavior.

Values help you know what to and not to make

time for.

Values establish a relationship between you and

the world.

Values set the direction for ones life.


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Where do we get values?

our homes,

school,

society,

friends, TV,

religion,

music, books,

families,

culture,

employers,

time-period in which

you were raised (70santi-establishment,

peace, individuality.80s money, prestige,

dont get caught, etc.90s earth, green peace,health and fitness), etc.


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Factors Affecting Values

Institutions

Family

Religious Institutions

School

State

Culture

Social Institutes

Organizational Values

Peers & Colleagues

Situational Factors

Personal Factors


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Your age will greatly influence your values.

Different people and things influence you at

different ages:

Ages 1-7 --- parents

Ages 8-13 --- teachers, heroes (sports, rocks,TV)

Ages 14-20 --- peers (values because of peers or

peers because of values?)Ages 21+ your values are established, but you

may test your values from time to time.


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Value versus Facts:

Values are things we feel should,ought, or are supposed toinfluence our lives.

VALUE: All people should be active

in a specific religion.

VALUE: The best time to buyclothing is when the price isdiscounted.

A value is a statement of onespersonal beliefs.

Facts simply state what actually are.It is easy to confuse values withfacts.

FACT: Many people are active in a

specific religion.

FACT: The most economical time tobuy clothing is when the seasonschange and the price is reduced.

A fact is established by observationand measurement.


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Values and Behaviors:

Happiness comes from letting values decide

your behavior and goals.

Values can change over a life-time as your

experiences change your view.


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Types of Values

Moral

Material

Aesthetic

Intrinsic

Extrinsic

Universal/Regional

Group specific values

Operative

Conceived

Objective

Terminal

Instrumental

Positive

Negative


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If you stand fornothingYou fall for anything


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Indian Value System

Sarve bhabantu sukhinah sarve santuniramayah IISarve bhadrani pasyantu makaschitdukhabhagabhavet.II


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Indian value system is based on four ends of life,

viz.:--

Artha, or wealth, for the development of body, Kama, or the fulfillment of desires, for the

development of mind,

Dharma, or morality, for the development ofintellect, and finally

Moksa, or spiritual perfection, for the

development of the soul


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VALUES AND BUSINESS


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Value Statement of ITC

ITC's Core Values are aimed at developing acustomer-focused, high-performance organization

which creates value for all its stakeholders:

Trusteeship

As professional managers, we are conscious that ITC has been

given to us in "trust" by all our stakeholders. We will actualize

stakeholder value and interest on a long term sustainable

basis.

Customer Focus

We are always customer focused and will deliver what the

customer needs in terms of value, quality and satisfaction.


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Respect For People

We are result oriented, setting high performance standards forourselves as individuals and teams.

We will simultaneously respect and value people and upholdhumanness and human dignity.

We acknowledge that every individual brings different perspectivesand capabilities to the team and that a strong team is founded on a

variety of perspectives.

ExcellenceWe do what is right, do it well and win. We will strive for excellence inwhatever we do.

Innovation

We will constantly pursue newer and better processes, products,

services and management practices. Nation Orientation

We are aware of our responsibility to generate economic value for theNation. In pursuit of our goals, we will make no compromise incomplying with applicable laws and regulations at all levels


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Maruti Udyog:

We believe our core values drive us in every endeavor:

Customer obsession;

fast,

flexible and first mover;

innovation & creativity;

networking & partnership;

openness & learning.

Documents

Values ann ethics