The Hindu : Karnataka News : ‘Ethics needs to be taught in B-schools’

Online edition of India's National Newspaper
Saturday, Nov 10, 2007
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Karnataka

Karnataka

‘Ethics needs to be taught in B-schools’

Staff Reporter

BANGALORE: Teaching ethics in business schools attains increased relevance, especially when the business world was using bribes and influence to design government policies and rules in their favour, said Ashish Dhawan, senior managing director of ChrysCapital. He was speaking at a panel discussion on “Globalisation: Cross Border Capital flows and Cross-cultural organisational challenges” on Wednesday. Ethics need to be taught in business schools but with a strong dose of common sense, said James Scott, Asia Pacific Head of Metro Cash and Carry. He further emphasised the need to teach students the importance of understanding the ethics of the country that they would be operating in.

Mr. Scott added that the need of the hour for multinational companies is to adopt an “international culture” and not a “global culture” where employees are treated and policies designed for them, keeping in mind the nationality they hail from.

Hema Ravichandar, strategic human resources adviser, emphasised the need for sensitivity towards employees. “Employment paradigms must take into consideration the family of the employee also,” she said. “For instance, in India, 73 per cent of the work force says that it matters highly to them that their family thinks that they are working in a good position in a great company.”

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